Forex broker India

Choose the best Indian forex broker

Securities and Exchanges Board of India or commonly know as SEBI regulates the financial markets (including the forex market) in India. The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.

Since the economic reforms of the 1990's India has had phenomenal economic growth. They have built a robust financial system that is much stronger than neighbouring China. However, retail forex trading based purely out of India is not available. Most forex brokers who provide retail online forex trading are subsidiaries of UK or US brokerage firms.

To facilitate easy selection of forex brokers for forex traders from India, we have below the best brokers from around the world.


List of top forex brokers for Indians

Regulator: FSA
Leverage: 200:1
Min. Deposit: $100
Spread: 1.5 pips* 		$2,000
Max. First
Deposit Bonus
Regulator: FSA
Leverage: 400:1
Min. Deposit: $100
Spread: 3 pips 		$1,200
Max. First
Deposit Bonus
Regulator: NFA
Leverage: 50:1
Min. Deposit: $250
Spread: 1.6 pips* 		$250
Min. Deposit
Via Our Site
Regulator: NFA
Leverage: 50:1
Min. Deposit: $300
Spread: 1 pip* 		$300
Min. Deposit
Via Our Site

SEBI has three functions rolled into one body: quasi-legislative, quasi-judicial and quasi-executive.

  • It drafts regulations in its legislative capacity.
  • It conducts investigation and enforcement action in its executive function.
  • It passes rulings and orders in its judicial capacity.

Though this makes it very powerful, there is an appeals process to create accountability. There is a Securities Appellate Tribunal which is a three-member tribunal. A second appeal lies directly to the Supreme Court.

For more details visit Securities and Exchanges Board of India (SEBI) website.

Forex Broker Articles & News

Featured
Top 5 factors that affect exchange rates ...

There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

Forex Navigation