Looking for Forex Broker In India


Well-Known Member
Try Hotforex or Tickmill as far as I know they accept Indian traders, fees are lower than of local brokers. Another advantageous point is that you can avoid local taxes.


Do you have an account with either of them ? or have you tried any other forex broker from India where basically payouts are happening without any issues.

Long back I tried a forex ac with paying 5k ( testing ). But when I tried to place a payout, it did not allow as the minimum required to payout was multi x to that 5 k. But that was long back mad may be now we have any good brokers without such problem. Please suggest.

Till now the only currency pairs that were allowed were USD-INR, EUR-INR, GBP-INR and JPY-INR. However, in 2015 RBI allowed exchange of cross-currency for three more currency pairs: EUR-USD, GBP-USD and USD-JPY.
Here is our list of the best Forex brokers in India.
  • IG - Best Overall Broker 2020.
  • Swissquote - Best banking services.
  • Saxo Bank - Best VIP client experience.
  • FOREX.com - Great platforms and pricing.
  • City Index - Excellent all around offering.
  • HYCM (Henyep Markets) - 3.5 Stars.
  • XM Group - 4.0 Stars.
  • easyMarkets - 3.5 Stars.

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