Here are the best forex brokers accepting residents of India as clients.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Here are some additional brokers worth checking out.
Why Choose Forex.com For India?
Forex.com scored best in our review of the top brokers for india , which takes into account 120+ factors across eight categories. Here are some areas where Forex.com scored highly in:
19 + years in business
Offers 300 + instruments
A range of platform inc. MT4, Web Trader, NinjaTrader, Tablet & Mobile apps
24/7 customer service
Tight spreads from 1.00pips
Used by 0 + traders.
Offers demo account
Forex.com offers one way to trade Forex, if you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker's trust score. To calculate a broker's trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
Forex.com have a AAA trust score. This is largely down to them being regulated by Financial Conduct Authority, segregating client funds, being segregating client funds, being established for over 19 years.
Trust Score comparison
A Comparison of Forex.com vs. ThinkMarkets
Want to see how Forex.com stacks up against ThinkMarkets? We've compared
their spreads, features, and key information below.
Spread & fee comparsion
The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Comparison of account & trading features
BrokerNotes.co 2022 Overall Rankings
To recap, here are our top forex brokers accepting residents of India as clients for 2022, sorted by Overall ranking.
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
BrokerNotes was founded in 2014 by Marcus Taylor, founder and CEO of Venture Harbor, a venture studio in Oxford that develops innovative online tools & technology across a range of sectors.
Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice. Please read the full Risk Disclosure.