Kotak Neo 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.

AttributeKotak NeoMotilal Oswal
Licence Score40Weak53Moderate
Strongest licence 2 Tier 2 2 Tier 2
Licences on record11
2 SEBI India LicensedLicensed
Founded20221987
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNoNSE:MOTILALOFS
PlatformsProprietaryProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is Kotak Neo or Motilal Oswal better regulated?

Motilal Oswal has the higher Licence Score (53 vs 40), based on the number and tier of licences, operating history and public listing.

Which regulators license both Kotak Neo and Motilal Oswal?

Both are matched to licences from SEBI.

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.