Best Forex Brokers In India 2025

If you are looking for the best Forex brokers in India, you have come to the right place. Here, you will find a comprehensive list of the top Forex brokers in India, based on a variety of factors, including regulation, spreads and commissions, trading platforms, educational resources, and customer support.

Choosing a good Forex broker is essential for a successful trading experience. A good broker will provide you with the tools and resources you need to trade successfully, and they will also protect your funds.

Table of Contents

Best Forex Brokers In India

zForex

Start Trading

Full Review

ZForex Capital Market LLC is established as a Retail Broker company that provides high-standard online forex trading services through innovative and creative learning techniques and multi-asset tools. The company aims…

Founded :

2022

Headquarters :

Bulgaria

Regulation :

St Vincent and the Grenadines Certificate number: 2145 LLC 2022

Trading Desk :

ECN

Min Deposit :

$10

Leverage :

1:1000

Platforms :

MT5, cTrader

CPT Markets Ltd

CPT Markets

Full Review

CPT Markets is a leading provider of international financial derivatives and related services. CPT Markets is an OTC derivatives broker headquartered in Belize and founded in 2010. It provides retail…

Founded :

2010

Headquarters :

Belize

Regulation :

FCA (United Kingdom), FSCA (South Africa), FSC (Belize) (License number IFSC000314/247).

Trading Desk :

STP, ECN

Min Deposit :

Classic – 0, Prime – $5000

Leverage :

Max 1:500

Platforms :

MT4, MT5

OnsaFX

Start Trading

Full Review

Founded :

2023

Headquarters :

South Africa

Regulation :

FSCA Regulated – FAIS licence with FSP No. 53192

Trading Desk :

STP

Min Deposit :

$100 (Standard Account)

Leverage :

1:1000

Platforms :

MT5

Deriv

Sign Up Now

Full Review

Deriv, formerly known as Binary .com, has established itself as a notable online broker with over 25 years in the financial trading industry. The platform offers a diverse range of…

Founded :

1999

Headquarters :

Malaysia

Regulation :

LFSA (Malaysia), VFSC (Vanuatu), BVI FSC (Virgin Islands, British), MFSA (Malta)

Trading Desk :

STP, No dealing desk

Min Deposit :

$5

Leverage :

1:1000 (LFSA), 1:500 (VFSC), 1:1000 (BVI FSC), 1:30 (MFSA)

Platforms :

MT5, cTrader, Deriv Trader, Deriv X

AssetsFX

Start Trading

Full Review

AssetsFX, a Forex broker established in 2013, provides online currency trading and CFD trading on metals, indices, and US and EU stocks. With over 180,000 traders worldwide, AssetsFX is known…

Founded :

2013

Headquarters :

Mauritius

Regulation :

FSC Mauritius registration number C207079 GBC and license number GB23201811.

Trading Desk :

ECN/STP

Min Deposit :

$1

Leverage :

1:500

Platforms :

MT4/MT5, Webtrader

FXRoad

Start Trading

Full Review

FXRoad is a leading online trading platform very low trading costs, charges no fees for deposits and withdrawals, and offers a great trading app powered by TradingView. FXRoad offers range…

Founded :

2023

Headquarters :

Mahe Seychelles

Regulation :

FSA Seychelles with a registration number 8426168-1

Trading Desk :

ECN

Min Deposit :

$250

Leverage :

1:200

Platforms :

WebTrader, FXRoad iOS App and FXRoad Android App

CapPlace

Start Trading

Full Review

CapPlace is a leading online trading platform, developed in providing traders of all levels with advanced analytical tools, a user-friendly interface and access to a diverse range of financial instruments…

Founded :

2023

Headquarters :

Comoros

Regulation :

MISA – MWALI International Services Authority license number T2023294

Trading Desk :

ECN

Min Deposit :

$250

Leverage :

1:200

Platforms :

Japanese

Finex

Start Trading

Full Review

FINEX is a leading broker providing the best conditions for trading Forex currencies, commodities and indices. FINEX founded in 2012 and are supervised by the regulator in Indonesia, namely BAPPEBTI…

Founded :

2012

Headquarters :

Indonesia

Regulation :

BAPPEBTI

Trading Desk :

ECN

Min Deposit :

$10

Leverage :

1:500

Platforms :

MT5

Bold Prime

Bold Prime

Full Review

Bold Prime was founded by several teams of experts in multiple sectors of the financial services industry who came together in collaboration to create an amalgamation of all the features,…

Founded :

2020

Headquarters :

Saint Vincent and the Grenadines

Regulation :

SVG FSA, International Business Companies

Trading Desk :

ECN

Min Deposit :

$15

Leverage :

1:2000

Platforms :

MT5, MT4

Doo Prime

Doo Prime

Full Review

Doo Prime Review Doo Prime, an online Forex and CFD trading company headquartered in the Cayman Islands, is a part of the Doo Group company. The company offers clients access…

Founded :

2014

Headquarters :

Vanuatu

Regulation :

Regulated by the SEC and FINRA in the U.S., the FCA in the UK, the ASIC in Australia, the FSA in Seychelles, the FSC in Mauritius, and the FSC in Vanuatu.

Trading Desk :

ECN/STP

Min Deposit :

$0

Leverage :

1:1000

Platforms :

MT4, MT5, Doo Prime InTrad, TradingView

Trive Invest

Start Trading

Full Review

Trive Investment B.V. delivers investment services through its investment platform. It has wholly owned subsidiaries spanning the globe from the United States to Europe, Africa, the Middle East, Indonesia, Australia,…

Founded :

2023

Headquarters :

British Virgin Islands

Regulation :

FCA, FINRA, ASIC, CMA, FSCA, FSC Mauritius

Trading Desk :

ECN

Min Deposit :

$0

Leverage :

1:2000

Platforms :

MT4, MT5

ATROPI

ATROPI

Full Review

ATROPI LLC, is a global financial company which provides Forex Brokerage services to costumers around the world. The company has more than 12 years experience on online brokerage services, Which…

Founded :

2021

Headquarters :

Saint Vincent and the Grenadines

Regulation :

Comoros Mwali International Service Authority

Trading Desk :

ECN

Min Deposit :

$10

Leverage :

1:1000

Platforms :

MT5

XTrend Speed

XTrend Speed

Full Review

Exploring XTrend Speed, a Multi-Asset Trading Provider. If you’re in the market for trading in forex, indices, commodities, stocks and cryptocurrencies, then XTrend Speed might be the right choice for…

Founded :

2016

Headquarters :

South Africa

Regulation :

XTrend Speed is regulated by FSCA. The FSP license number is 23497.

Trading Desk :

ECN

Min Deposit :

$5

Leverage :

1:300

Platforms :

MT5, Proprietary

FXGT.com

Start Trading

Full Review

FXGT is a new breed of Forex broker. FXGT is the upshot of the digital transformation of currency markets and the widespread adoption of cryptocurrencies. We offer traders the stability…

Founded :

2019

Headquarters :

Seychelles

Regulation :

Financial Sector Conduct Authority (South Africa), Financial Services Authority (Seychelles), License number SD019

Trading Desk :

ECN/STP, Market Maker

Min Deposit :

$5

Leverage :

1:1000

Platforms :

MT4, MT5, Web, Mobile

IUX

Start Trading

Full Review

The online CFD trading company IUX was founded in London in 2016. The trading journey of an IUX customer is extremely important to us, and as a result, we are…

Founded :

2016

Headquarters :

Cyprus

Regulation :

FSCA (Financial Sector Conduct Authority) under license number 53103, FSC Mauritius (Mauritius Financial Services Commission) under license number GB22200605, ASIC (Australian Securities and Investments Commission) under license number 529610.

Trading Desk :

ECN and STP

Min Deposit :

USD 10

Leverage :

1:3000

Platforms :

MT5, IUX App Trade and IUX WebTrader

Key Considerations for Indian Forex Traders

Indian Forex traders should prioritize choosing a licensed and regulated broker to avoid scams. It is advisable to select brokers regulated by the Securities and Exchange Board of India (SEBI), which oversees the Forex market in collaboration with the Reserve Bank of India (RBI). The RBI actively monitors and restricts brokers that are not authorized to onboard Indian traders, making it crucial for traders to assess brokers carefully. Additionally, opting for a globally regulated Forex broker that complies with SEBI guidelines can offer further security and peace of mind.

Indian Forex traders should opt for a regulated broker with over 10 years of experience, offering key features such as INR deposit options, a dedicated Indian website, and 24/5 customer support in Hindi. Ensuring legal compliance is crucial to avoid scams and fraud. The best Forex brokers in India prioritize client security by segregating client funds from corporate accounts, providing negative balance protection, and offering additional safeguards like an investor compensation fund or third-party insurance.