The Indian financial market has grown efficiently and has great scope for making money. Hence, traders have been looking for opportunities to invest and have successful trading.
Among these investments, the most traded market is forex. It is a currency trading market that requires less capital and is highly liquid. But, it also is one of the most volatile markets.
Traders trade through forex brokers to have various services and features to manage this. Here, we review the forex broker in India that traders can trade with.
Best Forex Brokers
Finding the best forex broker in India is the first step for every Indian trader. They look for a broker that has all the required features to support their trade; it could be trading platforms, accounts, customer support, or other advanced services.
But what is the best forex broker in India for traders depends on their trading style and decision-making capability. We have analyzed the brokers taking various aspects of investments, and here we have the list of the best ones:
Below is the information on these forex brokers in India and why they are good for investing traders.
eToro is a financial investment company that was established in 2007 with the motive of empowering the global community of investors. It is among the leading social investment networks and brings a revolution in trading styles.
Regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 109/10, eToro has come a long way. The forex broker protects clients and their funds and has advanced services.
Traders can enjoy the following benefits and services with the broker:
- Multi-asset platform
- Zero commission
- Free insurance
- Social trading
- Investing with experts
- Protecting funds
- Trading platforms
- Trusted broker
- Smart portfolio development
PrimeFin is a legit forex broker that Indian traders can rely on; the top-notch services and facilities make it a good choice. The broker is authorized by the Labuan Financial Services Authority (LFSA) with license number MB/20/0052.
The forex broker has been present in the financial market since 1996 and has grown with time. It is known for its speed in trading in the market and other next-level services.
The broker is working under the name of Caps Solutions Ltd and is among the best forex brokers in India. The services offered by the broker are:
- 300+ trading instruments
- Segregated bank accounts
- User-friendly trading platforms
- 24/7 customer service
- Educational support
- Research tools
- Analysis tools
- Trading accounts
- Easy deposit and withdrawal
Other than this, the charges are minimum with the broker, and there’s no hidden cost.
Read the full brand review here.
Octafx is considered the best forex broker in Asia that renders its best services to clients. The forex broker has traded with the rewards and prizes on the trade. So, traders can make great money with the broker.
It was founded in 2011 and is regulated by the Cyprus Securities and Exchange Commission. As a result, traders of the forex broker can have several services and facilities to trade and enjoy successful investments.
Here, we have the list of services offered by Octafx:
- Tight spreads
- Zero commission
- 50% deposit bonus
- Rewards loyalty programs
- Fast deposit and withdrawals
- Best trading platforms
- Mobile app
- Educational support
- Customer support
- Various trading accounts
Investby is a popular forex broker that operates under the TechFX LLC company. It is regulated by the National Bank of the Republic of Belarus (NBRB) and licensed with 40023.
Traders can trust the broker as it offers top-notch services and a secure client trading environment. In addition, there are market opportunities in various markets available, and trading platforms make it easier to predict.
It offers the clients the following services:
- 350+ assets
- Competitive spreads
- Zero trade commission
- No hidden or extra charges
- Multilingual support
- MetaTrader4 is the latest forex trading platform available
- Islamic account
- Demo account
- 50% swap discount
- High execution speed
The article talks about the best forex brokers in India that traders can invest with. PrimeFin, eToro, Octafx, and Investby are the best-known forex brokers.
Traders can have a look at what these are and what services they offer. They can read the full review for more detailed information through the link provided with each broker discussion.
Every broker is regulated and duly licensed by the authorities, but more importantly, they have the best services available to cater to their clients.