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Motilal Oswal

Regulated
India
Since 1987
Last Updated:

Trading Conditions

Min Deposit:
USD120
Max Leverage:
5
Account Types
  • Stocks
  • Stocks
  • Standard
  • Standard
  • Standard

Official website

motilaloswal.com

Online · checked Sep 10, 2026

Also on our record

3 more addresses
  • motilaloswalgroup.com
  • motilaloswalhf.com

Funding Methods

7 methods

Bank Transfer (NEFT/RTGS/IMPS)

bank transfer
Instant
Fee:Free
Fee:Free

Credit/Debit Cards

credit card
Instant
Fee:Not recorded
Fee:Not recorded

UPI

e wallet
Instant
Fee:Free
Fee:Not recorded

Cheque

other
Up to 3 days
Fee:Not recorded
Fee:Not recorded

Wire Transfer

wire transfer
Up to 2 days
Fee:Not recorded
Fee:Not recorded

Direct Cash Deposit

other
Instant
Fee:Not recorded
Fee:Not recorded

Systematic Withdrawal Plan (SWP)

other
Up to 365 days
Fee:Not recorded
Fee:Not recorded

Trust rating

Fair

54 out of 100 · 60% checked· Provisional

The licences it claims have not been checked on any official register.

We checked Motilal Oswal on 2026-10-26 across its regulation, company record, client terms, trading offer and service, and could verify 60% of its record. It claims 6 licences on its site, but none has been checked on an official register yet. The score of 54 is what the checked record adds up to; nothing held it down. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/26

Company Information

Full Name:Motilal Oswal
Founded:1987
Headquarters:India
Enterprise Offices:1offices

Customer Support

Phone:
+91 022 40548000
Live Chat:
Available
Response Time:
—
Languages:
English
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Editorial review
Updated

Broker Summary

What Wikilix has recorded about Motilal Oswal: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Motilal Oswal is one of the most recognizable entities within the Indian financial service industry, and it is well known mainly due to its brokerage offerings and trading solutions. Servicing the varied spectrum of customers, from retail to institutional traders, Motilal Oswal has found its niche with the unique combination of its traditional investment advisory service along with the newest and most technologically up-to-date trading platforms available in the industry today.

In a sector that is always witnessing speedy technological changes and shifting market trends, Motilal Oswal is going from strength to strength in adapting to all this. With this article, we will take a closer look at different aspects of Motilal Oswal to give you a complete insight into the background, main attributes, legal requirements, trading terms, charges, and market reputation of this brokerage service. No matter whether you are an experienced trader or a rookie in the business, knowing the strength of Motilal Oswal can be quite beneficial to you.

Background and History

Motilal Oswal was established with the aim of democratizing investment avenues and making available transparent and research-based financial services. Over the years, it has evolved from being a small brokerage house to a full-fledged financial service provider dealing in diverse products such as equity, commodities, mutual funds, and portfolio management services.

The research and advisory services offered by the company have been an integral part of its expansion plans. Motilal Oswal has been recognized for having research analysts who provide in-depth market research and investment advice to its clients. This has helped it create an impression in the market and has also helped it to expand its presence in India, serving millions of customers.

Important Characteristics and Offerings

Motilal Oswal provides a wide range of trading and investment solutions to cater to different types of traders and investors. From stock trading, derivatives, mutual funds, to wealth management, Motilal Oswal offers a holistic platform to help traders and investors achieve their financial objectives.

"Trading Platforms"

The broker also comes with various trading platforms that suit the preferences and needs of the various traders. These trading platforms include computer-based, mobile-based, and web-based platforms that are designed with powerful technical analysis tools and facilities that enable traders to execute orders effortlessly and instantly.

Research and Advisory

One of the unique aspects about Motilal Oswal is its robust research and advisory service. Their customers can take advantage of the comprehensive market reports, stock suggestions, and analysis, which is essential for all traders while making investment decisions. It is this service that sets Motilal Oswal apart from other brokers in the marketplace.

Investment Products

Apart from trading, Motilal Oswal has a diversified range of investment products such as mutual funds, IPOs, and portfolio management services. The services cater to clients seeking long-term techniques for creating wealth and diversifying their investments.

Compliance and Licensing Regulation

It is imperative to follow regulatory standards within the financial services sector, and Motilal Oswal carefully follows the norms laid down by the respective regulatory bodies of India. This facilitates a secure and transparent trading system for clients.

Trading Conditions & Technology

Motilal Oswal provides a conducive trading system that targets both occasional and frequent traders. Its technology and trade execution systems are capable of handling trades efficiently and very fast, just as the modern market demands.

Trading Conditions

Feature

Details

Minimum Deposit

₹10,000 (depending upon account type)

Leverage

Up to 5x on stocks (margin regulations apply)

Spreads

Market-driven, no fixed spreads

Execution of Order

Technology Infrastructure

The stock trading systems used by Motilal Oswal focus on the end use experience. The systems offer advanced charting facilities, technical analysis tools, and watch lists. The mobile application also allows push notifications and alerts, ensuring that traders receive regular updates.

Fee Structure

Knowledge of the fee structure is imperative for any trader or investor. The fee structure of Motilal Oswal is very transparent, and its fees are competitive in the Indian broking industry.

Fee Type

Details

Account Opening Fee

The account

₹0 - ₹500 (based on account type)

Brokerage Commission

0.25% per trade or flat ₹20 per trade (Equities)

Deposit Fees

None

Withdrawal Fees

None

Demat Account Maintenance

₹400 every year

User Experience and Market Reputation

Motilal Oswal is a trusted name in the financial markets of India. The primary reason for this is its commitment to customer service and innovation. The customers of Motilal Oswal often appreciate its trustworthy platforms and research facilities. In addition, the educational facilities available to the brokers and the customer service offered by the brokers create a positive experience for the traders to enjoy while using the brokers for their online transactions.

Conclusion

Motilal Oswal is still a major force in the Indian financial services market, providing customers with an all-inclusive range of investment solutions for traders and investors. Its strict adherence to regulatory norms, competitive trading platforms, and research orientation are some factors that make it an attractive investment destination for investors and traders. Although there is no data available about the current update, it has a good track record and customer-friendly attitude, which is a good support system for further growth.

Regulation check

Regulatory Licenses

Motilal Oswal is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 6 checked
Licences on record
6
Confirmed on register
0
Tier 1 or 2
4
Offshore
2

WIKILIX

Licence intelligence

The strongest of 6 licences on file

Licence Verification Record

Securities and Exchange Commission 8-69093

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United States
Authority strength
Tier 1 (securities)
Licence type
Financial Service
Not yet checked on the register

Client protection under this licence

  • Compensation schemeSIPC insures up to $500,000 per customer (including $250,000 cash)
  • Complaints routeSEC Tips/Complaints/Referral
  • Maximum leverage1:50

These are the rules SEC sets for the firms it licenses. They are not a statement about how Motilal Oswal applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

5 account types on record. Leverage up to 1:1.

5 account types
AccountMin DepositMax LeverageCommission
StocksInvestNot recorded1:10.02% intraday, 0.20% delivery
StocksInvestNot recorded1:1Not specified
StandardNot recorded1:1Not specified
StandardNot recorded1:1Not specified
StandardNot recorded1:1Not specified
Account names and conditions as published by Motilal Oswal, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

7 ways to fund an account. 2 with no deposit fee. 4 credit instantly.

7 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Transfer (NEFT/RTGS/IMPS)Bank Transfer
Ensure correct bank details to avoid transaction failures. Available across India.
FreeFreeINR 10,000Not recordedNot recordedInstant
Credit/Debit CardsCredit Card
Ensure card details are correct to avoid transaction failures. Available across India.
Not recordedNot recordedNot recordedNot recordedNot recordedInstant
UPIE-Wallet
Ensure UPI ID is linked to your bank account. Available across India.
FreeNot recordedNot recordedNot recordedNot recordedInstant
ChequeOther
Ensure cheque is drawn in favor of 'Motilal Oswal Securities Ltd'. Available across India.
Not recordedNot recordedNot recordedNot recordedNot recordedUp to 3 days
Wire TransferWire Transfer
Ensure correct SWIFT code and beneficiary details. Available internationally.
Not recordedNot recordedNot recordedNot recordedNot recordedUp to 2 days
Direct Cash DepositOther
Direct cash deposits are strictly prohibited; a penalty of 33.33% of the deposited amount will be levied. Available across India.
Not recordedNot recordedNot recordedNot recordedNot recordedInstant
Systematic Withdrawal Plan (SWP)Other
First payout for annual frequency processed after one year from the date of investment. Available across India.
Not recordedNot recordedNot recordedNot recordedNot recordedUp to 365 days
Fees, limits and processing times as published by Motilal Oswal, recorded by Wikilix.
Websites

Global Domains

5 domains on record. All active and served over HTTPS.

5 domains
  • www.motilaloswalgroup.comActiveHTTPS
  • motilaloswalhf.comActiveHTTPS
  • www.motilaloswalmf.comActiveHTTPS
  • www.motilaloswalalt.comActiveHTTPS
  • www.motilaloswalpwm.comActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

5 official channels on record.

5 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the Motilal Oswal brand.

1 entity
  • MOTILAL OSWAL FINANCIAL SERVICES LIMITEDActiveIndiaRegistration L67190MH2005PLC153397Established Jan 10, 2019
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about Motilal Oswal

Most Popular Questions
Yes, the minimum deposit amount at Motilal Oswal is 120 USD. This requirement applies to opening a trading account and helps ensure clients have sufficient funds to start trading.
Motilal Oswal offers customer support via phone, email, and live chat during business hours. The main international phone number is +91 022 40548000, and support emails include info@motilaloswal.com and query@motilaloswal.com. The broker also maintains active social media channels for additional contact.
Motilal Oswal offers a maximum leverage of 5. This leverage level applies to its trading accounts, reflecting a relatively conservative approach compared to some other brokers.
Motilal Oswal supports several deposit methods including bank transfers (NEFT/RTGS/IMPS), credit/debit cards, UPI, cheque deposits, and wire transfers. Most methods offer instant processing except cheques and wire transfers which take a few days. Direct cash deposits are prohibited and subject to a penalty.
Motilal Oswal is regulated by multiple authorities including the SEC in the United States, ASIC in Australia, and the Financial Services Agency in Japan. These regulators ensure compliance with financial laws and client fund protections such as SIPC insurance in the US. The broker operates under onshore licenses with medium to high transparency levels.
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