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Licence record

Motilal Oswal: FSCA licence recorded for Motilal Oswal

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Financial Sector Conduct Authority No number on the register

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

Holder
Motilal Oswal
Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service

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

wikilix.com/brokers/motilal-oswal/licenses/financial-sector-conduct-authority/licence-3357Fields on file 1 / 11

Open Motilal OswalAll Motilal Oswal licencesAbout FSCA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

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

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence type (Wikilix classification)
Financial Service
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how Motilal Oswal applies it.
The holder

Who holds this licence

The licence above is recorded against Motilal Oswal. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Motilal Oswal
Based in
India
Wikilix score
56.3the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • MOTILAL OSWAL FINANCIAL SERVICES LIMITEDIndia · Reg. L67190MH2005PLC153397 · Jan 10, 2019
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Motilal Oswal holds

5 other licences are on record for Motilal Oswal.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Motilal Oswal holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
Motilal Oswal has 5 other licences on record with Wikilix, across 5 jurisdictions. They are listed further down this page.
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