1
Top Pick 
ACCMFX Review
Daily Free Analysis
- PlatformMT4 for Desktop · MT4 Web Terminal
- Broker TypeSTP/ECN
- Min. Deposit$100
★★★★★
AverageScore 0.0/10Best Forex Brokers India: Compare Top Brokers
Compare forex brokers for traders in India side by side: platforms, broker type, minimum deposit and current bonuses. Read the FAQ below on RBI and SEBI rules before you open an account.
Top Rated Forex Brokers for Indian Traders
2
CTForex Review
50% Forex Deposit Bonus
- PlatformMT5 · MT5 WebTerminal
- Broker TypeSTP, ECN
- Min. Deposit$50
★★★★★
AverageScore 0.0/103
Flip Trade Group Review
100% Special Deposit Bonus
- PlatformMT5 for Desktop · MT5 Web Terminal
- Broker TypeSTP, ECN
- Min. Deposit$25
★★★★★
AverageScore 0.0/104
Aiprime Review
100% Welcome Bonus
- PlatformMT5 for Desktop · MT5 Web Terminal
- Broker TypeSTP, ECN
- Min. Deposit—
★★★★★
AverageScore 0.0/105
TabTrade Review
100% Welcome Bonus
- PlatformMT5 for Desktop · MT5 Web Terminal
- Broker TypeSTP, ECN
- Min. Deposit$1
★★★★★
AverageScore 0.0/106
Kato Prime Review
100% Forex Deposit Bonus
- PlatformMT4 for Desktop · MT4 Web Terminal
- Broker TypeSTP, ECN
- Min. Deposit$15
★★★★★
AverageScore 0.0/107
Trust Capital Review
10% Welcome Bonus
- PlatformMT5 for Desktop · MT5 Web Terminal
- Broker TypeForex / CFD Broker (STP)
- Min. Deposit$50
★★★★★
AverageScore 0.0/108
DB Investing Review
100% Welcome Deposit Bonus
- PlatformMT5-Web platform · MT5-Android
- Broker TypeSTP/ECN
- Min. Deposit$100
★★★★★
ExcellentScore 10.0/109
Valetax Review
50% Welcome Deposit Bonus
- PlatformMT5 · MT5 WebTerminal
- Broker TypeSTP/ECN
- Min. Deposit$1
★★★★★
AverageScore 0.0/1010
XM Review
$50 No Deposit Bonus
- PlatformMT4 for Desktop · MT4 Web Terminal
- Broker TypeMarket Maker
- Min. Deposit$5
★★★★★
AverageScore 0.0/1011
FBS Review
Currently, there are no available bonuses.
- PlatformMT4 · MT5
- Broker TypeECN/STD
- Min. Deposit$5
★★★★★
ExcellentScore 9.0/1012
Roboforex Review
$30 Welcome Bonus
- PlatformMT4 (MT4) · MT5 (MT5)
- Broker TypeSTP/ECN/MM
- Min. Deposit$10
★★★★★
AverageScore 0.0/1013
InstaForex Review
$500 to $5000 Free Bonus
- PlatformMT4 Windows · MT5 Windows
- Broker TypeSTP/ECN
- Min. Deposit$1
★★★★★
ExcellentScore 10.0/1014
4xC Review
100% Risk Free Trade
- PlatformMT4 (MT4) · MT5 (MT5)
- Broker TypeSTP/ECN
- Min. Deposit$10
★★★★★
ExcellentScore 10.0/1015
Hantec Financial Review
No
- PlatformMT4 · MT5
- Broker TypeMarket Maker, ECN
- Min. Deposit$None
★★★★★
GoodScore 8.0/10India Forex Brokers Comparison Table
| Broker | Score | Broker Type | Platforms | Min. Deposit | Bonus | Review |
|---|---|---|---|---|---|---|
| ACCMFX |
0.0/10 | STP/ECN | MT4 for Desktop · MT4 Web Terminal | $100 | Daily Free Analysis | Read Review |
| CTForex |
0.0/10 | STP, ECN | MT5 · MT5 WebTerminal | $50 | 50% Forex Deposit Bonus | Read Review |
| Flip Trade Group |
0.0/10 | STP, ECN | MT5 for Desktop · MT5 Web Terminal | $25 | 100% Special Deposit Bonus | Read Review |
| Aiprime |
0.0/10 | STP, ECN | MT5 for Desktop · MT5 Web Terminal | — | 100% Welcome Bonus | Read Review |
| TabTrade |
0.0/10 | STP, ECN | MT5 for Desktop · MT5 Web Terminal | $1 | 100% Welcome Bonus | Read Review |
| Kato Prime |
0.0/10 | STP, ECN | MT4 for Desktop · MT4 Web Terminal | $15 | 100% Forex Deposit Bonus | Read Review |
| Trust Capital |
0.0/10 | Forex / CFD Broker (STP) | MT5 for Desktop · MT5 Web Terminal | $50 | 10% Welcome Bonus | Read Review |
| DB Investing |
10.0/10 | STP/ECN | MT5-Web platform · MT5-Android | $100 | 100% Welcome Deposit Bonus | Read Review |
| Valetax |
0.0/10 | STP/ECN | MT5 · MT5 WebTerminal | $1 | 50% Welcome Deposit Bonus | Read Review |
| XM |
0.0/10 | Market Maker | MT4 for Desktop · MT4 Web Terminal | $5 | $50 No Deposit Bonus | Read Review |
| FBS |
9.0/10 | ECN/STD | MT4 · MT5 | $5 | Currently, there are no available bonus… | Read Review |
| Roboforex |
0.0/10 | STP/ECN/MM | MT4 (MT4) · MT5 (MT5) | $10 | $30 Welcome Bonus | Read Review |
| InstaForex |
10.0/10 | STP/ECN | MT4 Windows · MT5 Windows | $1 | $500 to $5000 Free Bonus | Read Review |
| 4xC |
10.0/10 | STP/ECN | MT4 (MT4) · MT5 (MT5) | $10 | 100% Risk Free Trade | Read Review |
| Hantec Financial |
8.0/10 | Market Maker, ECN | MT4 · MT5 | $None | No | Read Review |
Always confirm the latest trading conditions on the broker's official website before you open an account.
Best Forex Brokers India: Frequently Asked Questions
Is forex trading legal in India?
Indian residents may trade forex only through authorised persons and on recognised Indian exchanges, in permitted currency pairs. The Reserve Bank of India publishes an Alert List of unauthorised forex trading platforms. Check the rules for your situation before you open an account with any overseas broker.
Who regulates forex trading in India?
The Securities and Exchange Board of India (SEBI) regulates exchange-traded currency derivatives, and the Reserve Bank of India (RBI) regulates foreign exchange under FEMA.
Which currency pairs can Indians trade on Indian exchanges?
Recognised exchanges offer INR pairs such as USD/INR, EUR/INR, GBP/INR and JPY/INR, plus a few cross pairs such as EUR/USD, GBP/USD and USD/JPY.
Can I send money abroad for forex trading?
The Liberalised Remittance Scheme does not allow remittances for margin trading in forex. Read the RBI rules before funding any overseas trading account.
Is this page legal advice?
No. This page compares brokers for information only. Rules can change, so confirm the current position with the RBI, SEBI or a qualified adviser.