Forex brokers available in India (November 2026): the evidence
Short answer
- 5 of the brokers we verify accept residents of India.
- None of them holds a licence issued in India; clients there are onboarded through an overseas entity.
- Lowest published minimum deposit: XS and ActivTrades ($0).
- Swap-free (Islamic) account offered by 5 of 5: Pepperstone, XS, ActivTrades, FP Markets, and Octa (formerly OctaFX).
This page lists the brokers from our tested set that accept clients resident in India, with their verified licenses and our measured data. Availability is checked against each broker's own onboarding terms and updates when they change.
Regulation: SEBI
Broker availability by country changes frequently and can depend on which regulated entity onboards you. We verify against broker terms at every data round; always confirm during signup.
| Broker | Availability | Regulation | Minimum deposit | Open account |
|---|---|---|---|---|
ASICFCACySECDFSA | Accepts clients from India | ASIC · FCA · CySEC · DFSA · SCB | $10 | Open account |
ASICCySECCMAFSCA | Accepts clients from India | ASIC · CySEC · CMA · FSCA · FSA · LFSA · FSC · MOCI | $0 | Open account |
FCASCBFSCCMVM | Accepts clients from India | FCA · SCB · FSC · CMVM · BACEN · CSSF | $0 | Open account |
ASICFSA SeychellesFSCAFSC Mauritius | Accepts clients from India | ASIC · FSA Seychelles · FSCA · FSC Mauritius · CySEC | $100 | Open account |
CySECMISAFSCA | Accepts clients from India | CySEC · MISA · FSCA | $25 | Open account |
Which forex brokers accept clients from India?
The table above lists the brokers in our tested set that currently accept residents of India, according to each broker's own published terms. Availability differs by entity and can change — our data rounds re-verify it monthly.
Is forex trading legal in India?
Rules differ by country: some regulate retail CFD trading directly, others permit trading with offshore brokers, and some restrict it. Check the local regulator listed on this page and the broker's terms for residents of India before opening an account.