Best Forex Trading Platform In India

Best Forex Trading Platform In India

The forex exchange market is a 24-hour market where retail currency traders meet and speculate on India’s current trends in currencies. The best forex broker in India and institutional clients are getting benefits from any other currency trading. The forex market is ever-growing. India forex brokers make money from the bid or the spread of a foreign currency pair traded or by charging additional fees (like a monthly fee) to access a specific forex trading software or some exotic trading products. Institutional clients make money by buying or selling currencies at a profit.

About Forex Broker in India

If you are wondering what is forex trading? Then, the answer is unlike trade stocks, where you can trade directly in any metropolitan stock exchange or stock market without the involvement of any middleman; forex trading clients need a foreign exchange (forex) broker to get entry into the forex market.

In India, a foreign exchange broker is generally a financial services company acting as a middleman between traders and the interbank to facilitate the easy trade of foreign currencies between them (one currency is brought or sold in return for another). Here the forex trading brokers give you various trading platforms. Dealing desk brokers and non dealing desk brokers are two types of brokers.

The foreign exchange broker mostly buys and sells currencies on behalf of the traders. Many best forex brokers in India are operating online, and many online forex brokers now offer high-level forex trading platforms in India to trade foreign currencies. A foreign exchange broker is also called a currency trading broker or retail forex broker for its significant contribution to retail investor accounts.

However, users must try to opt for award winning forex broker, which is authorized by the Reserve Bank of India (RBI) & broker regulated through SEBI, to have a great experience. India as SEBI is the official organization responsible for issuing the license for India forex brokers and setting up the rules and regulations that govern Indian financial services companies.

The National Stock Exchange (NSE) is India’s stock exchange. If you wish to learn more about the best forex broker platforms to trade in forex and accept clients from India, then read further the content of this page that we have projected.

Best Forex Brokers in India

OctaFX:- Ideal for Beginners

Olymp Trade:- Ideal for a Wide Range of Tradable Instruments

FXTM:- Ideal for Copy Trading and Social Trading Feature

iForex:- Ideal for Easy User Interface & Security Mechanisms

FBS:- Ideal for Tradable Assets, Spreads, & Bonuses

XM:- Ideal for Wide Range for Forex Markets at Very Low Spreads

Alpari:- Ideal for Negative Balance Protection Feature

Forex.com:- Ideal for Diverse Financial Instruments with Low Spreads

HYCM:- Ideal for Low Spreads & Competitive Leverage Ratios

FXCC:- Ideal for Zero Commission Trades

Top Forex Brokers India Comparison in Details

Your hunt for the list of best and leading forex for forex trading in the Indian financial market will probably end here. These are leading forex from the globe. Some of the best forex brokers India has are listed below:-

OctaFX

OctaFX is a leading global forex and CFD broker established to offer multi-asset trading platforms like MT4 platforms, MT5 platforms, and cTrader platforms to traders. This forex broker has its headquarters in Grenadines and St Vincent with additional support offices in Jakarta, Indonesia, and Limassol, Cyprus; Limassol is its EU entity.

Olymp Trade

Olymp Trade is amongst the regulated forex brokers in India, having over 25,000 active clients registered on its platform. The easy-to-use interface, responsive customer service, generous spreads, lucrative trading bonuses, and plenty of deposit methods and withdrawal methods attract both beginners and seasoned traders.

FXTM

FXTM or ForexTime Limited is a popular foreign exchange among most people; this CFD broker caters to the needs of both beginner and experienced forex investors. In addition to that, it is distinguished among many Indian forex brokers from India. Before you open an account, it has 6 account types to choose from: a standard account, ECN, & more features like automated trading, social trading, copy trading options, stock trading & more; this broker offers a vast market to forex investors as its presence is well known worldwide.