| Feature | Deriv | Motilal Oswal |
|---|---|---|
| Company Overview | An online trading platform offering a wide range of financial instruments, including forex, commodities, and synthetic indices. | A diversified financial services firm in India, providing services like retail and institutional broking, asset management, and investment banking. |
| Regulatory Status | Operates under multiple jurisdictions, adhering to international financial regulations. | Registered with the Securities and Exchange Board of India (SEBI). |
| Account Types | Offers various account types, including demo accounts for practice and real accounts for live trading. | Provides different account options, such as trading and demat accounts, catering to various investor needs. |
| Trading Platforms | Features proprietary platforms like DTrader, DBot, and Deriv MT5, accessible via web and mobile applications. | Utilizes platforms like Orion Lite for trading activities. |
| Market Access | Enables trading in forex, commodities, cryptocurrencies, and synthetic indices. | Offers access to Indian equities, derivatives, commodities, and currency markets. |
| Leverage | Provides leverage options varying by instrument and jurisdiction, with specific limits based on regulatory requirements. | Offers leverage as per SEBI regulations, with specific limits for different segments. |
| Fees and Commissions | Charges vary depending on the instrument and account type; details are available on their official website. | Brokerage charges include 0.50% for equity delivery, 0.05% for intraday, and ₹75 per lot for equity options. |
| Deposit and Withdrawal Methods | Supports multiple methods, including bank transfers, credit/debit cards, and e-wallets. | Accepts deposits and withdrawals through bank transfers, cheques, and online payment gateways. |
| Customer Support | Offers 24/7 customer support via live chat and email. | Provides customer support through phone, email, and branch offices across India. |
| Educational Resources | Supplies educational materials, webinars, and tutorials for traders. | Offers research reports, market analysis, and educational content for investors. |
| Additional Features | Includes automated trading through DBot and a synthetic indices market available 24/7. | Provides portfolio management services, investment advisory, and access to IPOs. |
| Minimum Deposit | Varies by payment method; can be as low as $5 for certain deposit methods. | No minimum deposit required for opening a demat account; margin requirements vary by trading segment. |
| Order Execution Speed | High-speed execution, especially on synthetic indices, with minimal slippage. | Speed depends on market conditions; uses advanced algorithms for order execution. |
| Types of Orders | Market, Limit, Stop, Take-Profit, and Trailing Stop orders available. | Market, Limit, Stop-Loss, Bracket, Cover, and After-Market orders supported. |
| Options Trading | Offers trading on synthetic indices and other derivatives with unique payout structures. | Provides options trading on equity, currency, and commodities as per Indian market regulations. |
| Futures Trading | Supports futures trading on selected instruments. | Offers futures trading in equity, currency, and commodities. |
| Algorithmic Trading | Allows automated trading via DBot (drag-and-drop bot builder) and APIs. | Supports algorithmic trading through third-party tools and APIs. |
| Mobile App Availability | Mobile app available for Android and iOS with full trading functionality. | Mobile trading apps available, including Motilal Oswal MO Investor and MO Trader. |
| Account Opening Process | Fully online, fast, and requires KYC verification. | Online and offline account opening, requires Aadhaar and PAN for KYC. |
| Research and Analysis | Basic market analysis tools and educational content available. | Extensive research reports, stock recommendations, and investment insights. |
| Tax Reporting & Statements | Provides transaction history but limited direct tax reporting tools. | Detailed tax reports, profit & loss statements, and capital gains reports available. |
| Margin Trading Facility (MTF) | Leverage varies based on the instrument and jurisdiction. | Provides margin trading for stocks under SEBI regulations. |
| Mutual Funds & IPOs | Does not offer mutual funds or IPO investments. | Offers mutual funds, SIPs, and IPO investments. |
| Fractional Shares | Not supported. | Not supported in the Indian market. |
| Regulatory Compliance | Complies with international trading regulations, depending on the jurisdiction. | Fully regulated by SEBI and follows Indian financial laws. |
| Customer Base | More focused on international traders, particularly in forex and synthetic indices. | Primarily caters to Indian investors and traders. |
| User Interface & Experience | Modern, minimalist, and easy to use, designed for both beginners and professionals. | Comprehensive but slightly complex due to multiple features; better suited for experienced traders. |
| Charting Tools | Advanced interactive charts with multiple timeframes, indicators, and drawing tools. | Integrates TradingView and other charting tools with technical indicators and analysis features. |
| Derivatives Trading | Offers CFDs on forex, commodities, synthetic indices, and cryptocurrencies. | Offers derivatives on equities, commodities, and currencies, but no CFDs. |
| Forex Trading | Supports forex trading with multiple currency pairs and leverage options. | Forex trading available, limited to currency futures and options under SEBI regulations. |
| Cryptocurrency Trading | Offers crypto trading, including Bitcoin, Ethereum, and altcoins, via CFDs. | No direct crypto trading; only available through ETFs or global investment instruments. |
| Synthetic Indices | Exclusive feature, offering 24/7 trading on indices that simulate real-world market conditions. | Not available. |
| Social Trading | Does not support social trading. | Provides market insights and expert advice but no direct social trading. |
| Copy Trading | Not available. | Not available. |
| Interest on Account Balance | No interest offered on idle funds. | No interest provided on idle cash balance. |
| Multiple Account Currencies | Supports multiple currencies, including USD, EUR, GBP, and others. | Primarily operates in INR. |
| Demo Account | Available with unlimited virtual funds for practice. | Provides a free demo for trading platforms, but not a full-fledged demo account with virtual funds. |
| Withdrawal Processing Time | Fast withdrawals; processing time varies from a few hours to 1-2 business days depending on the method. | Withdrawals typically take 1-3 business days. |
| Branch & Offline Support | Fully online platform with no physical branches. | Has physical branches across India for customer support and financial advisory. |
| Multi-Asset Trading | Offers forex, commodities, synthetic indices, and cryptocurrencies. | Focuses on Indian equities, commodities, mutual funds, and IPOs. |
| Trading in International Markets | Provides CFD trading on various international instruments. | Limited to Indian markets, but some global investment options available via ETFs and funds. |
| Hedging & Risk Management | Allows hedging and stop-loss features to minimize risk. | Provides margin hedging and risk management tools for equity and derivatives trading. |
| Loyalty Programs & Promotions | Occasionally offers bonuses and promotions. | No promotional offers due to SEBI regulations. |
| Referral Program | Offers a referral program where users earn commissions for inviting new traders. | Limited referral benefits for introducing new clients. |
| API Trading | Provides APIs for custom trading strategies and automation. | API trading available for institutional and advanced traders. |
| News & Market Updates | Provides general market updates and basic news insights. | Offers in-depth market news, stock analysis, and economic reports. |
| Backtesting for Strategies | Limited backtesting capabilities. | Advanced backtesting available through third-party integrations. |
| Islamic Trading Accounts | Offers swap-free (Islamic) accounts for traders who follow Shariah law. | Not available. |
| Regulatory Risk | Regulatory compliance varies by region; some jurisdictions may have restrictions. | Strictly follows SEBI guidelines, reducing regulatory risk. |
Deriv is an international online trading platform focused on forex, CFDs, and synthetic indices, while Motilal Oswal is an Indian financial services firm specializing in stock market investments, mutual funds, and derivatives under SEBI regulations.