Top 10 Forex Brokers in India (2025)
The forex market (foreign exchange market) is the biggest trading market in the world. It gives people the chance to trade different currencies .For Indian traders, picking the right broker is very important because of it is banned in India and for safety reasons and also the rules from the SEBI. While many people use international brokers, it’s important to check these brokers are safe or not.
these are the top 10 forex brokers in India for 2025. This list shows their unique features, which cointain how much money you need to enter the game, and which one might be perfect for you.
Simple Comparison Table
| Broker | Regulators | Min Deposit | Platforms | Key Features |
|---|---|---|---|---|
| FP Markets | ASIC, CySEC | $100 | MetaTrader 4/5, IRESS | Low cost, fast trading, many products |
| Fusion Mkts | ASIC, VFSC | $0 | MetaTrader 4/5, cTrader | No deposit needed, easy tools, learning material |
| Eightcap | ASIC, SCB | $100 | MetaTrader 4/5, TradingView | 800+ products, good charts, low fees |
| XM | ASIC, CySEC | $30 | MetaTrader 4/5 | Start with $30, free learning, account types |
| AvaTrade | ASIC, FSCA, Ireland | $100 | MetaTrader 4/5, AvaTradeGO | Fixed or flexible fees, mobile app, AvaProtect |
| Exness | FCA, CySEC | $10 | MetaTrader 4/5 | Easy withdrawal, flexible, real-time orders |
| Pepperstone | ASIC, FCA, DFSA | $200 | MetaTrader 4/5, cTrader | Fast trades, scalping, analysis tools |
| FBS | IFSC, CySEC | $1 | MetaTrader 4/5, FBS Trader | High leverage, rewards, many account choices |
| Dukascopy | FINMA (Switzerland) | $100 | JForex, MetaTrader 4 | Safe funds, advanced platform, many products |
| Zerodha | SEBI (India) | None | Kite | Indian broker, currency futures, legal in India |
1. FP Markets one of the Top 10 Forex Brokers in India
- Regulators: Australia (ASIC), Cyprus (CySEC)
- Minimum Deposit: $100
- Platforms: MetaTrader 4/5, IRESS
- Features
- Very low trading costs
- Fast trading system
- Many financial products to choose from
FP Markets is a good choice for both beginner and experienced traders. It also offers helpful demo account and support in different languages.
2. Fusion Markets one of the Top 10 Forex Brokers in India
- Regulators: Australia (ASIC), Vanuatu (VFSC)
- Minimum Deposit: $0
- Platforms: MetaTrader 4/5, cTrader
- Features
- Very low trading fees
- Easy-to-use website and tools
- Good learning resources
Fusion Markets is very popular with Indian traders because it doesn’t ask for a minimum deposit. This makes it simple to try trading.
3. Eightcap one of the Top 10 Forex Brokers in India
- Regulators: Australia (ASIC), Bahamas (SCB)
- Minimum Deposit: $100
- Platforms: MetaTrader 4/5, TradingView
- Features
- Trade over 800 products including forex and cryptocurrencies
- Works with TradingView for better charts
- Low fees
Eightcap is great for people who like using charts and tools to help make trading decisions.
4. XM one of the Top 10 Forex Brokers in India
- Regulators: Australia (ASIC), Cyprus (CySEC)
- Minimum Deposit: $30
- Platforms: MetaTrader 4/5
- Features
- Start trading with just $30
- Many free learning programs and webinars
- Different types of accounts for different needs
XM is trusted and has been around for a long time. It’s good for beginners because it’s simple and has helpful support.
5. AvaTrade one of the Top 10 Forex Brokers in India
- Regulators: Ireland, Australia (ASIC), South Africa (FSCA)
- Minimum Deposit: $100
- Platforms: MetaTrader 4/5, AvaTradeGO
- Features
- Fixed or changing trading costs
- AvaProtect tool to reduce trading risks
- Easy-to-use app for mobile trading
AvaTrade is a solid option for Indian users, especially those who like trading on their phones.
6. Exness one of the Top 10 Forex Brokers in India
- Regulators: UK (FCA), Cyprus (CySEC)
- Minimum Deposit: $10
- Platforms: MetaTrader 4/5
- Features
- Fast and easy money withdrawals
- High trading flexibility
- Real-time order processing
Exness is very popular in Asia and is a favorite among Indian users for its low starting amount and excellent customer support.
7. Pepperstone one of the Top 10 Forex Brokers in India
- Regulators: Australia (ASIC), UK (FCA), Dubai (DFSA)
- Minimum Deposit: $200
- Platforms: MetaTrader 4/5, cTrader
- Features
- Very low-cost account for fast traders
- Great for scalping (quick trades)
- Many tools for analysis
Pepperstone is best for experienced traders who need fast and reliable services.
8. FBS one of the Top 10 Forex Brokers in India
- Regulators: Belize (IFSC), Cyprus (CySEC)
- Minimum Deposit: $1
- Platforms: MetaTrader 4/5, FBS Trader
- Features
- Very high trading leverage
- Bonus and reward programs
- Many account choices
FBS is famous for its special offers and high leverage. It is great for beginners with a small budget.
9. Dukascopy one of the Top 10 Forex Brokers in India
- Regulators: Switzerland (FINMA)
- Minimum Deposit: $100
- Platforms: JForex, MetaTrader 4
- Features
- Very strong safety for funds
- Special platform with advanced tools
- Many products to trade
Dukascopy is a good choice for people who care about safety and like using advanced tools.
10. Zerodha one of the Top 10 Forex Brokers in India
- Regulator: India (SEBI)
- Minimum Deposit: None
- Platform: Kite
- Features
- India’s largest broker
- Trade currency options and futures on Indian exchanges
- Simple and easy-to-use platform
Zerodha is the best option for Indian traders who want to follow Indian rules and trade on local exchanges. It does not support global forex pairs but is fully legal in India. because it is legal in india
Final Thoughts
Picking the right forex broker is important if you want to succeed in trading. In India, there are rules that limit access to global forex markets. Still, many international brokers give good services to Indian clients.
The brokers listed here are trusted and offer good platforms, fair minimum deposit, and excellent support. Whether you are just a beginner with a small deposit or you are an expert trader with a huge printer of money, there’s something for everyone.
By knowing your budget, trading style, and features you need, you can choose a broker that makes you one step closure to success in forex trading in India.