Karvy Stock Broking vs Motilal Oswal: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeKarvy Stock BrokingMotilal Oswal
Licence Score—Not rated53Moderate
Strongest licence ? None on record 2 Tier 2
Licences on record01
2 SEBI India —Licensed
Founded19831987
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNoNSE:MOTILALOFS
Platforms—Proprietary
Minimum deposit—No minimum
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Frequently asked questions

Is Karvy Stock Broking or Motilal Oswal better regulated?

Motilal Oswal has the higher Licence Score (53 vs 0), based on the number and tier of licences, operating history and public listing.

Which regulators license both Karvy Stock Broking and Motilal Oswal?

They share no regulators in our database.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.