Forex Brokers 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. If you’re interested in trading but lack practice, these forex brokers provide demo accounts for you to learn stock market trading in India. 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!
| Broker | Features | Regulator | Platforms | Next Step | |
|---|---|---|---|---|---|
 74% of clients lose money. Capital at risk.
Founded: 1999 |
- Trusted Global Market Leader |
CFTC, CIMA, FCA, FSA, IIRO, NFA | FOREXTrader & MT4 for PC, MAC, iPhone, iPad and Android, WebTrader | ||
 Your capital is at risk
Founded: 2019 |
- Trade 15 cryptocurrencies |
- | eToro | ||
 Your capital is at risk
Founded: |
|
FSA, VFSC | MetaTrader 4, Web Trader, Social Trading Allpips, Web Platform Allpips | ||
Read our reviews of more forex brokers that did not make our top list above:
| NetoTrade – Read review | Orbex – Read review |
| iForex – Read review | Trade24 – Read review |
| xTrade – Read review | Trade360 – Read review |
| 24Option – Read review | UFX – Read review |
| IG Group – Read review | HarborX – Read review |
| MexGroup – Read review | Oanda – Read review |
| Tradeo – Read review | London Capital Group – Read review |
| IC Markets – Read review | CFD Global – Read review |
| ATFX – Read review | TradeFred – Read review |
| IQ Option – Read review | Libertex – Read review |
| Swiss Markets – Read review | iTrader – Read review |
| FX Globe – Read review | Formax – Read review |
| Think Markets – Read review | Z.com Trade – Read review |
| Orbex – Read review | NSFX – Read review |
| USGFX – Read review | STO – Read review |
| Trio Markets – Read review | HYCM – Read review |
| eToro – Read review | FXGiants – Read review |
| BD Swiss – Read review | ETX Capital – Read review |
| Trade.com – Read review | easyMarkets – Read review |
| Finq – Read review | XTB – Read review |
| everFX – Read review |