Forex Broker India

How to Find a Forex Broker in India

Forex brokers active in India are subject to the regulations and oversight of the Securities and Exchanges Board of India (SEBI), which is an independent body tasked with ensuring the smooth functioning of the country`s stock markets and brokers. Commodities trading is also regulated by the Forward Markets Commission, which is the regulatory structure for the management of non-exchange traded financial instruments. The Reserve Bank of India is responsible for managing the Indian rupee but is not involved in the oversight of forex broker.

India has changed rapidly since the liberalization of the 1990s. After the relaxation of regulations and opening up of the country to foreign ownership and investment, the economic performance of India has been robust. Nonetheless, retail forex brokerage business is barely existent in the country at the moment, with active brokers operating from inside India as branches or subsidiaries of large international firms still being counted in single digits.

Trading forex can be challenging at times, and choosing among the many firms that cater to forex traders can make the task even harder for the beginner. To make things easier, we have prepared a list of some of the most reliable brokers in the world, with the help of which you can simplify your action plan and quicken the initial learning stages of your trading career. If you are serious about forex, don`t forget to check out our selection of the world`s most reputable and successful forex brokers now!

1
Regulator: CySEC
Leverage: 200:1
Min. Deposit: $100
Spread: 1.5 pips*
$2,000
Max. First
Deposit Bonus
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2
Regulator: ASIC/ FSA
Leverage: 500:1
Min. Deposit: $100
Spread: ECN 1.5 pips
$2,500
Max. First
Deposit Bonus
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3
Regulator: CySEC
Leverage: 200:1
Min. Deposit: $100
Spread: 3 pips
$2,000
Max. First
Deposit Bonus
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4
Regulator: CySEC
Leverage: 500:1
Min. Deposit: $1
Spread: 1.9 pips
$2,000
Max First
Time Deposit Bonus
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5
Regulator: MIFID & ASIC
Leverage: 400:1
Min. Deposit: $100
Spread: Fixed Spread- 3 pips
High Bonuses
FREE
Webinars & Signals
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6
Regulator: CySEC
Leverage: up to 1:500
Min. Deposit: $200
Spread: < 1 pip on some majors
$200
Min. Deposit

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7
Regulator: IFSC
Leverage: 400:1
Min. Deposit: $2000
Spread: 1 pip
10% welcome bonus


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8
Regulator: NFA
Leverage: 50:1
Min. Deposit: $250
Spread: 1 pip*
Free
Live Sessions
with Expert
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- LEVERAGE: Controls the equity you need to take a margin position. E.g. 50:1 leverage means you can take a $5,000 trade with just $100 in your account. Note that a high degree of leverage can work against you as well as for you.
- Leverage over 50:1 for majors and 20:1 for minors is not available to traders in the U.S.
- As indicated in the list, only NFA regulated brokers are available to U.S. customers.
* Broker offers variable spreads which means that the spreads are subject to current market conditions.