top Forex Trading companies in india

India is one of the largest and fastest-growing markets for Forex trading, with a variety of brokers offering both domestic and international trading services. Below are some of the top Forex trading companies in India, known for their regulatory compliance, trading platforms, customer support, and services.

1. Zerodha
Regulation: SEBI (Securities and Exchange Board of India)
Platform: Kite, a proprietary platform
Leverage: 1:50 (for currency pairs)
Pros:
Popular for low brokerage fees and transparent pricing.
Easy-to-use trading platform with advanced charting tools.
Strong customer support and education resources.
Cons:
Limited to Indian markets and a few international instruments.
Not available for directly trading global Forex pairs, but provides Currency Futures trading.
2. Upstox
Regulation: SEBI
Platform: Upstox Pro, a web-based platform and mobile app
Leverage: 1:50 (on currency trading)
Pros:
One of India’s most cost-effective trading brokers.
Offers trading in equities, commodities, and currency futures.
Low commission structure.
Cons:
Limited international Forex offerings.
Some tools may be less advanced compared to global brokers.
3. ICICI Direct
Regulation: SEBI
Platform: ICICI Direct Trading Platform, Trade Racer
Leverage: 1:50 (on currency futures)
Pros:
Trusted brand with a strong reputation in India.
Offers a wide range of financial products, including Forex, stocks, mutual funds, etc.
Comprehensive research tools and market analysis.
Cons:
Higher brokerage fees compared to discount brokers like Zerodha and Upstox.
Limited availability of international Forex trading.
4. Angel One (formerly Angel Broking)
Regulation: SEBI
Platform: Angel One Trading App, Angel SpeedPro
Leverage: 1:50 (on currency pairs and futures)
Pros:
Offers robust trading platforms with advanced charting tools.
Trusted and experienced player in the Indian market.
Great for both beginners and advanced traders.
Cons:
Limited Forex options compared to global brokers.
Brokerage fees