Top Forex Trading Companies In India

Here are some of the top forex trading companies in India that are well-regulated and widely used by traders: ICICI Direct One of the most popular platforms in India, offering a wide range of forex trading services. Regulated by SEBI and the Reserve Bank of India (RBI). Provides access to forex derivatives and international market trading. Zerodha Zerodha is a leading discount broker that also offers forex trading services. Known for low brokerage charges and a user-friendly platform (Kite). Provides trading in currency derivatives and options. HDFC Securities Part of the HDFC Group, one of India's most trusted financial institutions. Offers currency trading and hedging services along with an intuitive trading platform. Regulated by SEBI and RBI. Angel One (formerly Angel Broking) A well-known broker that offers forex trading through its online platform. Provides currency futures and options trading. Offers competitive margin trading. Upstox A popular discount broker in India offering forex trading services. Known for its trading app and low commissions. Allows trading in forex derivatives through the NSE and BSE. Kotak Securities Offers forex trading services with competitive pricing. Known for a range of investment options and a user-friendly trading platform. Regulated by SEBI and RBI. Sharekhan A prominent brokerage offering forex trading, along with stock and commodity trading services. Provides advanced trading tools and educational resources. Offers currency futures and options for hedging. TradePlus Online A good option for those looking for competitive forex trading commissions. Offers trading in forex derivatives with advanced tools. 5paisa A budget-friendly brokerage that offers currency trading on Indian exchanges. Offers a simple, straightforward platform with low brokerage fees. NSE (National Stock Exchange) Direct Trading Many brokers offer direct forex trading services on the NSE platform. The NSE provides access to currency derivatives with high liquidity. Considerations Before Choosing a Forex Trading Company: Regulation: Ensure the broker is regulated by SEBI (Securities and Exchange Board of India) and complies with RBI rules for forex trading. Fees and Spreads: Look for competitive commission structures, spreads, and margin rates. Platform and Tools: Choose a platform that suits your trading style with features like live charts, analysis tools, and mobile trading apps. Customer Support: Responsive customer support is essential for resolving any trading issues or technical difficulties. Note that forex trading in India is restricted to currency pairs available on exchanges such as the NSE, BSE, and MCX-SX, and trading in international currencies (like USD/JPY or EUR/USD) via offshore platforms is prohibited. Contact Us WinProfx 1st Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia P.O Box 838, Castries, Saint Lucia. +971 4 447 1894 [email protected] https://winprofx.com/ Find Us Online Facebook Instagram LinkedIn YouTube