Top 10 Forex Brokers for Indian Traders
Ranked by spreads, regulation, payment methods, and user experience
| Rank | Broker | Rating | Min Deposit | Spreads | UPI | Action |
|---|---|---|---|---|---|---|
| 🥇 |
Exness
Editor's Choice |
$1 | 0.0 pips | Open | ||
| 🥈 |
XM
|
$5 | 0.6 pips | Open | ||
| 🥉 |
OctaFX
|
$25 | 0.4 pips | Open | ||
| 4 |
FBS
|
$5 | 0.7 pips | Open | ||
| 5 |
HotForex
|
$5 | 0.5 pips | Open | ||
| 6 |
IC Markets
|
$200 | 0.0 pips | Open | ||
| 7 |
Pepperstone
|
$0 | 0.0 pips | Open | ||
| 8 |
AvaTrade
|
$100 | 0.9 pips | Open | ||
| 9 |
FXTM
|
$10 | 1.0 pips | Open | ||
| 10 |
RoboForex
|
$10 | 0.8 pips | Open |
How we rank brokers: Our rankings are based on regulation, trading costs, platform quality, customer support, payment methods for Indian traders, and user reviews. We open real accounts and trade with each broker before rating them.