10 Most Trustworthy Forex Brokers In India
Forex brokers in India
Forex trading is exciting and can earn you a lot of money if you use the best forex brokers in India. However, you must be careful when choosing a forex broker since the reliability of the broker really matters. If you are an Indian trader, we will provide you with helpful information on the best forex broker to consider in India. You can pick any of them to start trading forex in India, forex trading news.
Exness is the best forex broker in India
So many features make this broker stand out from the crowd. It is a globally recognized broker and is also regulated by top-tier agencies. There is no hidden commission when you trade on this platform and this is one of the many reasons why it is the best for forex traders in India. Its low spread makes it the best forex broker for Indian traders.
Its features are:
- The broker is regulated in Seychelles, UK, and Cyprus
- It offers so many instruments, including CFDs, forex, and so on
- Beginners in forex trading in India will find it easy to use
Read more about Exness review here.
AvaTrade- another best forex broker in India
AvaTrade is a regulated forex broker for all forex traders in India that are looking for a broker they can always trust. The broker has global regulation also and your account is always safe here. The account opening process is very easy and straightforward. You will also get a welcome bonus when you register here to trade forex.
Its features are:
- It is regulated by up to 6 regulatory agencies in 5 continents. It is, therefore, safe for forex traders in India
- The withdrawal process is also very fast
- The trader can have access to cutting-edge trading features and innovative technology
More information about AvaTrade review here.
eToro– could be the best forex broker in India for copy trading
If you are one for copy trading, then this is one of the best forex brokers in India to consider. The pip spread is one of the lowest among the forex brokers that accept Indian traders. The trader can also access so many trading instruments.
Its features are:
- Its pip spread is just 1 pip
- The leverage is flexible
- As of the last check, more than 10 million forex traders across the globe
- The trader can also access so many assets
Read more about eToro review here.
FxPro- another forex broker with plenty of trading instruments
This is one of the best forex brokers in India and it is welcoming to all. The trading platform has been around for more than 15 years and it is only known for top quality services. The trader can access over 260 instruments distributed across 6 assets the minimum balance is also very low.
Its features are:
- The minimum deposit is very low
- You can also trade forex via the broker’s mobile platform. The mobile platform is accessible on both android and iOS
- The available trading platforms include MT4, MT5, and cTrader
Learn more about FxPro review here.
Saxo Bank as one of the best forex brokers in India
The broker is one of the best for Indian forex traders. It offers so many financial instruments and it is also regulated by tier-1 regulatory agencies. Its trade execution is equally very fast. The trading platforms are very easy to navigate.
Its features are:
- Its trading platforms are accessible via desktop computers, macOS, smartphones, and tablets
- It is reliable for beginner sin forex trading
- The trader can access so many trading tools also
- Its spread is relatively low
- Traders can equally access 24-hours customer service
IG as one of the best forex brokers in India
The broker is highly trustworthy and undoubtedly one of the best you can trust for forex trading in India. The trader can access so many research tools on this platform. It also offers educational materials to help beginners on their ways to become professional forex traders in India.
Its features are:
- It is a trustworthy broker for Indian forex traders
- It is regulated by up to six tier-12 regulatory agencies, including ASIC, JFSA, MAS, FINMA, FCA, and CFTC
- The site offers up to 20,000 CFDs, including 104 currency pairs
You can learn more about IG review here.
Swissquote
The diverse holdings offered by this broker are one of the many features that make it one of the best forex brokers in India. The broker offers a highly competitive spread and there are so many instruments you can choose from. It is based in the UK and also regulated in the country. Be that as it may, it is accessible globally and to forex traders in India.
Its features are:
- Aside from forex trading, you can also trade cryptocurrency on this platform
- The platform equally offers an Advanced Trader platform to make forex trading a lot more interesting
Interactive Brokers
Are you a professional forex trader in India? Then this is one of the best trading platforms to consider. The pip spread is low and the trading experience is always top-notch. The trader can access up to 23 currencies in varying pairs. The site is also safe and secure for trading.
Its features are:
- Traders can enjoy low commissions
- The broker also offers direct access to top interbank quotes
- The trader can equally access ECN-like market structure
- Also, the broker offers currency conversion, aside from currency trading services
- The broker offers different types of trading accounts also
Forex.com
This broker is worthy of consideration when looking for the best forex broker in India. It is, however, not a discounted broker. It is trustworthy and the trading experience is always excellent. Forex traders from across the globe, including in India, can register here to trade forex. The broker is also regulated by up to four tier-1 regulatory agencies globally.
Its features are:
- It is an award-winning broker
- The trader can also access multiple assets
- The trading platforms available are advanced and can be used on the web, desktop, and mobile devices
Learn more about Forex.com review here.
City Index
This broker is one of the best forex brokers in India. The broker is backed by GAIN Capital and it is trustworthy. This broker is welcoming to both beginners and advanced forex traders. The broker equally offers educational materials to help the trader make better trading decisions.
Its features are:
- The broker gives access to a huge range of markets
- It also offers impressive education an market research materials to assist the trader
- The trader can access the trading platform via a mobile app, which is easy to navigate
- It is regulated by 3 tier-1 regulatory agencies
You can learn more about City Index review here.
Final Thoughts
The various brokers mentioned above are the best forex brokers in India. You can register with any of them to trade forex and you will not have anything to fear at all. You can trade forex on any of the platforms without hassle.