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Trading forex (currencies) in India is popular among residents. While recommended, forex brokers are not required to become authorized by the Securities and Exchange Board of India (SEBI) to accept residents of India as customers.

The Securities and Exchange Board of India is the financial regulatory body in India. Website: We recommend Indian residents also follow the SEBI on Twitter,

The SEBI was established in 1988 as a non-statutory body and given powers with the SEBI Act 1992. For a historical breakdown, here's a link to the Securities and Exchange Board of India webpage on Wikipedia.


To find the best forex brokers in India, we created a list of all brokers that list India as a country they accept new customers from. We then ranked brokers by their Trust Score Ranking.

Here is our list of the best forex brokers in India.

More Forex Guides

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World Best Forex Broker List 2021

  • FxPro - 4.0 Stars

  • Exness - 5.0 Stars

  • IG

  • Fxcm

  • eToro

  • Instaforex

  • Hotforex

  • XM Group

  • Interactive Brokers

  • FxPro

  • CMC Market

  • London Capital Group

  • Pepperstone

  • XTB online Trading


  • City Index

Our Services

Why Trade On Exness

Quick info

  • Founded: 2008

  • Regulator: FSA, Seychelles

  • Minimum deposit: $1

  • Leverage: Up to 1:2000

  • Average spread: 0 (Zero and Raw spread) 0.3 – Standard

  • Platforms: MT4, MT5, Web, Mobile  

Why trade forex with Exness.

– Super tight spreads
– Instant automated Withdrawals and deposits 24/7
– Multiple withdrawal and deposit methods
– Negative balance protection
– Regulated broker
– Mpesa and Mobile money broker  
– Funding in local currency

— Masroor's Price Action Trading Mastery Course, learn simple Yet Powerful Trading Strategies that work. Get life-time access to Price Action Trading Course, Daily Trade Ideas Newsletter, and live trade setups form. Since 2012, he has earned a following of over 250,000 aspiring traders, written over 2,000+ trading lessons, and is the author of the #1 Price Action Trading Course online which has over 25,000 students enrolled to date. He is recognized by many as ‘The Authority’ on Price Action Trading. Almost 70% of forex brokers are using EA of Masroor Alam. In 2018, Masroor won the 100k Dollar Trader Competition, achieving an impressive 699% return.

Start Forex Trading With World No.01 Forex Broker 

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The global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the "best" forex broker, both beginners and experienced traders generally look for several key features and benefits. Among the most important of these are the overall trading experience, the breadth and depth of product offerings (currencies, CFDs, indexes, commodities, spread bettingcryptocurrencies, etc.), fees (including spreads and commissions), trading platform(s) (web-based, downloadable software, mobile, charting, and third-party platforms), customer support, trading education and research, and trustworthiness.

World most reliable and Trusted Forex Broker List (2021)

  • CMC Markets: Best Overall Forex Broker and Best for Range of Offerings

  • Exness - World Most Trusted and Reliable forex broker  — Join Now 

  • London Capital Group (LCG): Best Forex Broker for Beginners

  • Saxo Capital Markets: Best Forex Broker for Advanced Traders

  • XTB Online Trading: Best Forex Broker for Low Costs

  • IG: Best Forex Broker for the U.S. Traders

  • Pepperstone: Best Forex Broker for Trading Experience

— Exness: Best Overall and Best for Range of Offerings


Quick info

  • Founded: 2008

  • Regulator: FSA, Seychelles

  • Minimum deposit: $1

  • Leverage: Up to 1:2000

  • Average spread: 0 (Zero and Raw spread) 0.3 – Standard

  • Platforms: MT4, MT5, Web, Mobile  

Exness, founded in 2008, is a well-established, publicly traded, and highly regarded International forex broker that has successfully adapted to the ever-changing online brokerage landscape. The company is regulated by various agencies like FSA, Seychelles. Like many forex brokers, Exness does not accept U.S. traders.

Exness is for all types of traders, from the novice retail trader looking to dip their toes into the online trading arenas of forex, CFDs, and spread betting, to the experienced veteran seeking exposure to a broad array of products. The firm's fees are competitive within the industry and it ranks high on several of our lists. The company is ranked as the winner for Best forex Broker's award and Best Overall Forex Broker as well as Best Forex Broker for Range of Offerings in 2020 -2021. It is the first Asian forex broker that allowed an instant automatic withdrawal and deposit system.