Forex No Deposit and Deposit Bonus

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Best Forex Brokers India

Broker Min. Deposit Max: Leverage Broker Type Min: Spreads Foundation Year CountryOthers
RoboForex$101:2000Market Making (MM)0.0 pips2009Belize
CySEC, FCA, DFSA, FSCA, FSA, CMA
FBS$1 1:3000ECN/STP0.0 Pips2009Belize
FSC (Belize), CySEC (Cyprus), and ASIC (Australia)
Doo Prime$10 Up to 1:1000ECN/STP0.0 Pips2018Cayman Islands
ASIC, FCA UK, SEC, VFSC, TCSP Hong Kong, FSC Mauritius, FSA Seychelles
Hantec Financial$1001:400Market Maker/ECN hybrid0.0 Pips1990Greater China, Thailand, Vietnam, Malaysia, Africa, Europe
VFSC No 40318, ASIC No 326907, FCA No 502635,
Admiral Markets$100 Up to 1:500ECN/STP0.01 Pips2001United Kingdom
ASIC, FCA, CySEC, EFSA, IIROC, JSC
InstaForex$1001:500ECN/STP0.0 pips2007Russia
Registered with FCA (UK), Reference number 728735
Headway$11:1000ECN/STP0.0 pips2023South Africa
Regulated by FSCA (Financial Sector Conduct Authority), license number 52108
JustMarkets$101:3000STP/NDD0.0 Pips2012Seychelles
FSA (Seychelles), CySEC (Cyprus), VFSC (Vanuatu)
Octa$251:1000STP/ECN0.6 Pips2011Comoros Union
Octa Markets Incorporated, SVGFSA license no. 19776 IBC 2011

Frequetly Asked Question (FAQ)

What should I look for in a Forex broker operating in India?
Focus on regulation, fees, account types, trading platforms, leverage, deposit/withdrawal options, and customer support.
Are Forex brokers legal in India?
Forex trading is legal, but it's regulated. Trade only through brokers with RBI or SEBI authorization and currency pairs approved by the RBI.
Which currency pairs can I trade in India?
You’re allowed to trade currency pairs involving the Indian Rupee, such as USD/INR, EUR/INR, GBP/INR, and JPY/INR.
Can I use international Forex brokers in India?
Yes, but ensure they’re compliant with Indian laws. They should also support INR and provide secure payment options.
Is leverage allowed in Forex trading in India?
Yes, leverage is allowed but regulated. The amount depends on the broker and SEBI regulations.