A List Of The Best Forex Trading Brokers In India

Searching for a list of the best forex trading brokers in India? Get started with India’s highly recommended, trusted, and licensed brokerages. Of course, the Reserve Bank of India (RBI) still has specific restrictions and requirements in place for forex brokers – leading to some limitations for international currency trading.

As an Indian FX trader yourself, you should know which brokers offer a safe, secure, and advanced trading environment. This way, you can start legally trading forex and earning profits. Read on for a list of the best forex trading brokers in India.

Interactive Brokers

Interactive is one of the best forex trading brokers in India. As members of NSE, BSE and SEBI, Interactive Brokers proudly supports Indian traders. Of course, many forex or CFD exchanges are unavailable – due to legal restrictions in India. Still, Interactive Brokers is the best choice to access local Indian stock exchanges and other financial instruments. 90+ international markets, ETFs and bonds are all supported on the platform.

Overall, Interactive is a highly trusted broker that offers competitive fees, high-quality research, and educational resources. Indeed, choose Interactive remains one of the best forex trading brokers in India.

Octa

Octa is next on the list of India’s best and biggest forex trading brokers. Octa is a regulated by CySEC, FSC, IBC, MWALI, and other key regulatory authorities. With competitive prices and a commission-free environment, Octa is highly-popular and well-reviewed in India. Minimum spread rates starts from 0.6 pips or $6 per standard lot. Additionally, Octa supports 35+ currency pairs – with a maximum leverage of 1:500 for forex traders.

Additionally, Octa uses MT4/MT5 trading platforms with 25,000 indicators, EA support, and advanced plugins. Plus, Octa offers swap free trading structure and a 50% bonus on each deposit. Certainly, Octa is one of the best regulated forex brokers in India.

Olymp Trade

Consider Olymp Trade as another top-rated forex brokers in India. With over 25k registered traders, Olymp Trade is an ideal choice for a wide variety of Indian clients. Notably, Olymp Trade offers unique features including fixed time trading, bank wire transfers, and debit card deposits.

For security, Olymp Trade is regulated by the International Financial Commission. Of course, Olymp Trade also gets positive forex broker rankings for their dedicated 24/7 customer support. Definitely, Olymp Trade is one of the best and biggest forex brokers in India.

eToro

Explore eToro, another top-rated forex trading broker in India. eToro offers unique features for copy trading portfolios and social news feeds. Additionally, their dedicated trading community is an ideal place to discuss market strategies, trending factors, and news alerts.

Start trading on eToro with only a $50 minimum deposit. For practice, take advantage of virtual dummy accounts that provide up to $100K in funds. Certainly, eToro is one of the best forex trading brokers in India.

AvaTrade

AvaTrade is another top-rated forex broker in India. Overall, AvaTrade is a strong all-around broker offer flexible costs, free withdrawals, and a powerful mobile app. Of course, their primary selling points are their low FX spreads – starting at .9 pips for USD/EUR. Additionally, AvaTrade provides smart risk management tools, 24/7 trading customer support, and educational resources for strategy enhancement. For instrument variety, AvaTrade supports 13+ crypto pairs and 625+ CFD shares. Absolutely, AvaTrade is one of the best Indian forex brokers for beginners.

There are number of popular, trusted forex trading brokers in India. Interactive Brokers is one of the most popular choices for traders looking to explore the Indian stock market exchange. Octa is another safe option – regulated by CySEC, IBC, MWALI, and the FSC. You can also open an account with Olymp Trade or eToro. Of course, AvaTrade is still popular for their low spreads and wide variety of instruments. Read the points above to learn about the list of  best forex trading brokers in India.

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