Forex Trading Companies In India

In India, Forex trading is regulated by the Securities and Exchange Board of India (SEBI), and currency derivatives are traded on exchanges like the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and MCX-SX.

Forex trading in India is generally limited to trading currency futures and options, which are available through recognized brokers and trading companies. Below is a list of top Forex trading companies in India, all of which are SEBI-registered, ensuring they operate within the regulatory framework for safe and secure trading.

1. Zerodha
Regulation: SEBI, NSE, BSE, MCX-SX.
Leverage: Up to 1:50 for currency futures.
Platform: Kite (proprietary platform), TradingView integration.
Features:
Low brokerage fees and transparent pricing.
User-friendly platform with advanced charting tools and real-time data.
Zero minimum deposit requirement for trading.
Why it's good for Forex traders: Zerodha is India’s largest discount broker, offering access to currency derivatives with competitive pricing and advanced tools. Its platform is ideal for traders looking for a low-cost, efficient solution.
2. Upstox
Regulation: SEBI, NSE, BSE, MCX-SX.
Leverage: Up to 1:50 for currency futures.
Platform: Upstox Pro (web, desktop, and mobile app).
Features:
Low brokerage with zero account opening charges.
Advanced charting tools and real-time market data.
Customizable interface for an enhanced trading experience.
Why it's good for Forex traders: Upstox is a discount broker that offers low-cost trading with user-friendly interfaces and advanced trading features. It’s great for beginners and active traders who want a cost-effective solution.
3. Angel One (Angel Broking)
Regulation: SEBI, NSE, BSE, MCX-SX.
Leverage: Up to 1:50 for currency futures.
Platform: Angel One app, Angel Broking Terminal.
Features:
Comprehensive research tools, market analysis, and advisory services.
Low brokerage fees.
Mobile-friendly and advanced charting for in-depth analysis.
Why it's good for Fore