Forex Brokers India | Best Forex Brokers in India 2021
List of the best forex brokers accepting residents of India, in 2021, sorted alphabetically. Compare each broker's user ratings and how other traders rate them based on their products and services. Check out the regulatory ratings of each broker to find out how strongly a broker is regulated. Compare the minimum deposit required to open a trading account with each broker and the maximum account leverage available. Explore the list to see which broker offers cent accounts (ideal for FX trading beginners, or traders with low investments), the availability of Islamic accounts (swap-free) and the tradable asset classes available (including FX, metals and cryptocurrencies).
| Broker | Category | Regulation | Overall rating | User rating | Pricing rating | Regulatory rating | Popularity | Minimum deposit | Maximum leverage | Rebate options | Funding Methods | Trading platforms | Year Founded | Cent accounts | Negative balance protection | MAMM/PAMM | Social trading | Regulatory deposit insurance | Islamic accounts (swap-free) | Accepts Canadian clients | Accepts Japanese clients | Scalping allowed | Account currency | Execution model | Mobile platform | Asset classes | Languages | Trading API | Trailing stops | Bonuses | Interest on margin | Fixed spread | Variable spread |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Admirals |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
United Kingdom - UK FCA
|
4.5
Excellent
|
4.0
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
100 | 30 |
Monthly Cash Back
|
MT4
WebTrader
MT5
|
2001 |
AUD
EUR
GBP
SGD
USD
|
MM
|
MT4 Mobile
MT5 Mobile
|
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 AvaTrade |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
Japan - JP FSA
Ireland - IE CBI
South Africa - ZA FSCA
United Arab Emirates - ADGM FRSA
British Virgin Islands - BVI FSC
|
3.8
Good
|
4.3
Good
|
3.0
Average
|
5.0
Excellent
|
3.0
Average
|
100 | 400 |
Monthly Cash Back
|
MT4
MT5
|
2006 |
AUD
EUR
GBP
JPY
USD
|
MM
|
MT4 Mobile
|
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 Axi |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
United Arab Emirates - AE DFSA
Saint Vincent and The Grenadines - SVG FSA
|
4.6
Excellent
|
4.4
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
Monthly Cash Back - Real Time Reports
Monthly Cash Back
|
MT4
WebTrader
|
2007 |
STP
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
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 BDSwiss |
Forex Brokers
Cryptocurrency Brokers
|
Cyprus - CY CYSEC
Mauritius - MU FSC
Seychelles - SC FSA
|
3.1
Average
|
4.0
Good
|
5.0
Excellent
|
3.5
Good
|
0 | 1000 |
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2012 |
MM
STP
NDD
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Metals
|
|||||||||||||||||||
 Exness |
Forex Brokers
Cryptocurrency Brokers
|
Seychelles - SC FSA
|
3.5
Average
|
4.8
Excellent
|
4.0
Good
|
2.0
Below Average
|
3.0
Average
|
1 | 2000 |
Direct to broker account (Daily)
Monthly Cash Back
|
MT4
MT5
|
2008 |
MM
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
||||||||||||||||||
 FP Markets |
Forex Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
Saint Vincent and The Grenadines - SVG FSA
|
4.5
Excellent
|
4.5
Excellent
|
4.5
Excellent
|
5.0
Excellent
|
4.0
Good
|
100 | 500 |
Spread or commission reduction
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2005 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
Forex
Metals
|
||||||||||||||||||
 FXCM Markets |
Forex Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
South Africa - ZA FSCA
|
4.1
Good
|
4.4
Good
|
4.0
Good
|
5.0
Excellent
|
3.0
Average
|
50 | 400 |
Monthly Cash Back
|
Bank Wire
China Union Pay
Credit/Debit Card
Neteller
Skrill (Moneybookers)
|
Proprietary
MT4
WebTrader
|
1999 |
USD
|
MM
NDD
|
Proprietary
MT4 Mobile
|
Forex
|
||||||||||||||||
 FXDD Trading |
Forex Brokers
|
Mauritius - MU FSC
Malta - MT MFSA
|
4.3
Good
|
4.2
Good
|
4.0
Good
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
Monthly Cash Back
|
Bank Wire
China Union Pay
Neteller
|
MT4
MT5
WebTrader
|
2002 |
EUR
JPY
USD
|
MM
ECN/STP
|
MT4 Mobile
|
Forex
Oil/Energies
|
||||||||||||||||
 FxOpen |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
Saint Kitts and Nevis - Non-Regulated
|
4.7
Excellent
|
4.1
Good
|
5.0
Excellent
|
5.0
Excellent
|
4.5
Excellent
|
10 | 500 |
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2005 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
Forex
Indices
Oil/Energies
Cryptocurrencies
|
||||||||||||||||||
 FxPrimus |
Forex Brokers
|
Cyprus - CY CYSEC
South Africa - ZA FSCA
Vanuatu - VU VFSC
|
4.0
Good
|
4.3
Good
|
3.5
Good
|
5.0
Excellent
|
3.0
Average
|
100 | 500 |
Monthly Cash Back
|
MT4
WebTrader
|
2009 |
EUR
GBP
PLN
SGD
USD
ZAR
|
STP
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
|||||||||||||||||
 FxPro |
Forex Brokers
Cryptocurrency Brokers
|
Cyprus - CY CYSEC
United Kingdom - UK FCA
South Africa - ZA FSCA
Bahamas - BS SCB
|
4.7
Excellent
|
4.4
Good
|
4.5
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
100 | 500 |
Monthly Cash Back
|
MT4
WebTrader
cTrader
MT5
|
2006 |
NDD
|
MT4 Mobile
cTrader Mobile
MT5 Mobile
|
|||||||||||||||||||
 FXTM |
Forex Brokers
|
Cyprus - CY CYSEC
United Kingdom - UK FCA
Mauritius - MU FSC
South Africa - ZA FSCA
|
4.1
Good
|
4.5
Excellent
|
3.5
Good
|
5.0
Excellent
|
3.5
Good
|
50 | 2000 |
Monthly Cash Back
|
MT4
WebTrader
MT5
|
2012 |
EUR
GBP
USD
NGN
|
MM
ECN
|
MT4 Mobile
|
Forex
Shares
Indices
Oil/Energies
Metals
|
|||||||||||||||||
 Global Prime |
Forex Brokers
|
Australia - AU ASIC
Vanuatu - VU VFSC
Seychelles - SC FSA
|
4.1
Good
|
4.7
Excellent
|
4.5
Excellent
|
4.0
Good
|
3.0
Average
|
200 | 100 |
Commission reduction
Monthly Cash Back - Real Time Reports
|
MT4
|
2010 |
AUD
CAD
EUR
GBP
SGD
USD
|
ECN
|
MT4 Mobile
|
Forex
Metals
|
English
Portuguese
Thai
|
||||||||||||||||
 HotForex |
Forex Brokers
Cryptocurrency Brokers
|
South Africa - ZA FSCA
Seychelles - SC FSA
|
4.2
Good
|
4.2
Good
|
4.5
Excellent
|
3.0
Average
|
5.0
Excellent
|
5 | 1000 |
Direct to broker account (After $5)
Monthly Cash Back
|
MT4
MT5
WebTrader
|
2010 |
EUR
USD
|
MM
|
MT4 Mobile
MT5 Mobile
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
|||||||||||||||||
 IC Markets |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
Seychelles - SC FSA
|
4.9
Excellent
|
4.7
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
200 | 500 |
Spread or commission reduction
Monthly Cash Back - Real Time Reports
Monthly Cash Back
|
MT4
MT5
WebTrader
cTrader
|
2007 |
ECN
|
MT4 Mobile
cTrader Mobile
|
|||||||||||||||||||
 Orbex |
Forex Brokers
|
Cyprus - CY CYSEC
Mauritius - MU FSC
|
3.5
Good
|
3.0
Average
|
3.0
Average
|
5.0
Excellent
|
3.0
Average
|
200 | 500 |
Monthly Cash Back
|
Bank Wire
FasaPay
Neteller
Skrill (Moneybookers)
Webmoney
|
MT4
|
2010 |
EUR
GBP
PLN
USD
|
NDD
|
MT4 Mobile
|
Forex
Indices
Oil/Energies
Metals
|
||||||||||||||||
 Pepperstone |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
United Kingdom - UK FCA
United Arab Emirates - AE DFSA
Bahamas - BS SCB
|
4.5
Good
|
4.4
Good
|
4.5
Excellent
|
5.0
Excellent
|
4.0
Good
|
200 | 500 |
Direct to broker account (Daily)
Monthly Cash Back
|
cTrader
MT4
MT5
|
2010 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
|
|||||||||||||||||||
 RoboForex |
Forex Brokers
|
Cyprus - CY CYSEC
Belize - BZ IFSC
Seychelles - SC FSA
|
4.9
Excellent
|
4.6
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
0 | 1000 |
Direct to broker account (Daily)
Monthly Cash Back
|
MT4
MT5
cTrader
Proprietary
|
2009 |
EUR
GLD
USD
CNY
|
STP DMA
|
MT4 Mobile
MT5 Mobile
Proprietary
|
Forex
Indices
Metals
ETFs
|
|||||||||||||||||
 ThinkMarkets |
Forex Brokers
Cryptocurrency Brokers
|
Australia - AU ASIC
United Kingdom - UK FCA
South Africa - ZA FSCA
Seychelles - SC FSA
Bermuda - BA BMA
|
4.7
Excellent
|
4.6
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
Monthly Cash Back
|
Bank Wire
China Union Pay
GlobalCollect
Neteller
Skrill (Moneybookers)
Webmoney
|
MT4
MT5
Proprietary
|
2010 |
ECN/STP
|
MT4 Mobile
MT5 Mobile
Proprietary
|
Futures
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
|||||||||||||||||
 Tickmill |
Forex Brokers
|
Cyprus - CY CYSEC
United Kingdom - UK FCA
Seychelles - SC FSA
|
5.0
Excellent
|
4.8
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
5.0
Excellent
|
100 | 500 |
Monthly Cash Back
|
MT4
WebTrader
|
2014 |
EUR
GBP
PLN
USD
|
STP DMA
NDD
|
MT4 Mobile
|
Forex
Metals
|
|||||||||||||||||
 Tradeviewforex |
Forex Brokers
|
Cayman Islands - KY CIMA
|
3.7
Good
|
4.8
Excellent
|
5.0
Excellent
|
2.0
Below Average
|
3.0
Average
|
0 | 400 |
Monthly Cash Back
Monthly Cash Back - Real Time Reports
|
cTrader
MT4
WebTrader
Proprietary
MT5
|
2004 |
EUR
GBP
JPY
USD
|
ECN/STP
|
cTrader Mobile
MT4 Mobile
Proprietary
MT5 Mobile
|
Futures
Forex
Shares
Indices
Metals
ETFs
|
|||||||||||||||||
 XM Group |
Forex Brokers
|
Australia - AU ASIC
Cyprus - CY CYSEC
United Kingdom - UK FCA
Belize - BZ IFSC
United Arab Emirates - AE DFSA
|
4.5
Good
|
4.4
Good
|
3.5
Good
|
5.0
Excellent
|
5.0
Excellent
|
5 | 0 |
Monthly Cash Back
Direct to your XM MyWallet (2x weekly)
|
Bank Wire
Neteller
Skrill (Moneybookers)
|
MT4
MT5
WebTrader
|
MM
|
MT4 Mobile
MT5 Mobile
|
Futures
Forex
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
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