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Motilal Oswal Review: Is It Legit and Regulated?

Motilal Oswal Financial Services Limited

IN Operating period unverified

FindMyFX score

high risk

4.8/10

0 Score out of 10 10
Independent assessment Updated 2026-07-21

Contact & regulation

Official website
motilaloswal.com
Address
Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai 400025, India
Contact
022-71934263
Primary license
SEBI · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Motilal Oswal legit and regulated?

FindMyFX has license records for Motilal Oswal, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Indian exchange broker offering currency-derivative access alongside securities, commodities and other financial services.

Professional broker overview

FindMyFX editorial summary

Motilal Oswal Financial Services Limited publishes trading-member registration INZ000158836 for BSE, NSE, MCX and NCDEX. Its official educational material describes exchange-traded currency futures and options, while the RIISE web platform is the firm’s online trading interface. SEBI published an adjudication order concerning the company on 30 January 2025; this draft records the event without assessing its underlying findings.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This record covers exchange-traded currency derivatives rather than an OTC spot-forex or CFD offering.

Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Not verified

Documented advantages

  • Official disclosure provides the trading-member registration number and registered office.
  • Currency derivatives are described as exchange-traded futures and options.

Documented limitations

  • No comparable OTC spread or leverage figure was identified because the cited product is exchange-traded.
  • A SEBI adjudication order was published in January 2025.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Motilal Oswal Financial Services Limited

Primary
IN INZ000158836

Markets and instruments

Commodities

unverified

currency futures

unverified

currency options

unverified

Equities

unverified

Licenses and regulators

SEBI

INZ000158836

unverified

Last verified: Not shown

Type: Stock broker and trading member
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

SEBI adjudication order published

medium · draft

SEBI published an adjudication order in the matter of Motilal Oswal Financial Services Limited on 30 January 2025. This import does not interpret the findings or outcome.

Score components

Regulation and licenses

5.0/10 · 35%

Official regulatory or legal-entity evidence reviewed.

Security and track record

5.0/10 · 20%

Only documented regulatory status and material events were considered.

Trading conditions

5.0/10 · 15%

Score reflects the amount of inspectable official account and product data.

Company transparency

7.5/10 · 10%

Score reflects official disclosure of entity, address, registration, and jurisdiction.

Service quality

5.0/10 · 10%

Only inspectable official service details were considered; no independent service audit was found.

Verified user reviews

0.0/10 · 10%

No inspectable verified-user-review dataset was found in the reviewed official sources.

Profile update history

Broker profile was published.

2026-07-21

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.