ForexBrokersInfo
Broker availability in India

Best brokers available in India

Indian residents have legitimate exchange-traded investment and currency-derivative routes through SEBI-registered brokers and recognised Indian exchanges, but retail forex trading through unauthorised offshore electronic trading platforms is a separate issue. The RBI states that permitted forex transactions must be undertaken with authorised persons and, when executed electronically, on RBI-authorised ETPs or recognised exchanges such as NSE, BSE and MSE. Remitting margin to overseas exchanges or counterparties for online forex trading is not permitted under the Liberalised Remittance Scheme.

Verified availability

Brokers serving India

Interactive BrokersInteractive Brokers (India) Private Limited for Indian-market services; an Interactive Brokers affiliate carries the permitted overseas cash-market account Available 96/100 Review & country fit →
Available/eligible products: Indian stocks, Indian exchange-traded futures and options subject to permissions, Overseas stocks, bonds and ETFs through the permitted cash-account route, Domestic exchange-traded products available under NSE/BSE/SEBI rules
Restricted/not offered: Non-Indian futures, Non-Indian options, Non-Indian margin-based products, Unauthorised offshore retail forex/CFD trading
NuvamaNuvama Wealth and Investment Limited Available 89/100 Review & country fit →
Available/eligible products: Indian exchange-traded securities, Exchange-traded derivatives subject to account permissions, Depository/demat services
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
HDFC SecuritiesHDFC securities Ltd. Available 88/100 Review & country fit →
Available/eligible products: Indian listed stocks and ETFs, Exchange-traded currency futures and options in supported INR pairs, Listed equity/index futures and options subject to account permissions, Eligible commodity derivatives, Other securities/investment services within the relevant account and registration scope
Restricted/not offered: OTC retail spot/rolling-spot forex is not part of the reviewed HDFC Securities currency route, CFDs are not part of the reviewed SEBI-regulated HDFC Securities route, Currency products outside the supported exchange/account segment
ICICI DirectICICI Securities Limited Available 88/100 Review & country fit →
Available/eligible products: Indian listed stocks and ETFs, NSE exchange-traded currency futures and options, Listed equity/index futures and options subject to account permissions, Eligible commodity derivatives, Other regulated securities/investment services within the relevant ICICI Securities registration and account permissions
Restricted/not offered: OTC retail spot/rolling-spot forex is not part of the reviewed ICICI Direct currency route, CFDs are not part of the reviewed SEBI-regulated ICICI Direct route, Currency contracts not enabled by ICICI Securities/exchange rules
Axis DirectAxis Securities Limited Available 87/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
IIFL Capital ServicesIIFL Capital Services Limited Available 87/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Kotak NeoKotak Securities Limited Available 87/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
GeojitGeojit Investment Limited Available 86/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Motilal OswalMotilal Oswal Financial Services Limited Available 86/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
ZerodhaZerodha Broking Limited Available 86/100 Review & country fit →
Available/eligible products: Indian listed stocks and ETFs, Listed equity futures/options, NSE currency futures/options on USDINR, EURINR, JPYINR and GBPINR subject to contracted-exposure rules, Commodity derivatives after segment activation, Eligible commodities through the applicable Zerodha entity
Restricted/not offered: OTC spot/rolling-spot forex, CFDs, Cross-currency derivatives such as EUR/USD, GBP/USD and USD/JPY, Cross-currency EURUSD, GBPUSD and USDJPY through Zerodha
Angel OneAngel One Limited Available 84/100 Review & country fit →
Available/eligible products: Indian listed stocks, ETFs, NSE/BSE/MSEI currency derivatives subject to activation, Listed equity/index futures and options, Eligible commodities
Restricted/not offered: OTC retail forex/rolling spot, CFDs, Currency segment for Minor and NRI accounts under current Angel One guidance
Mirae Asset SharekhanSharekhan Limited Available 84/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Navia MarketsNavia Markets Limited Available 84/100 Review & country fit →
Available/eligible products: Indian exchange equities, F&O, currency derivatives and commodities plus investment products; currency access is a recognised-exchange segment rather than a retail OTC CFD account.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
UpstoxUpstox Securities Private Limited Available 84/100 Review & country fit →
Available/eligible products: Indian listed stocks and ETFs, Listed equity/index futures and options subject to segment activation, NSE exchange-traded currency futures and options, Eligible commodity derivatives, Global investments through the separately disclosed IFSCA branch where account eligibility permits
Restricted/not offered: OTC retail spot/rolling-spot forex is not established by the reviewed domestic currency-derivatives route, CFDs are not verified as part of the reviewed SEBI or IFSCA Upstox routes, Products outside the activated exchange/IFSC account permissions
m.StockMirae Asset Capital Markets (India) Private Limited Available 83/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
StoxkartMoneywise Finvest Limited Available 81/100 Review & country fit →
Available/eligible products: NSE/BSE equities, F&O and currency derivatives plus MCX commodities; currency is exchange traded, not rolling-spot OTC FX.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
5paisa5paisa Capital Limited Available 80/100 Review & country fit →
Available/eligible products: Indian listed stocks, ETFs, Exchange-traded currency futures/options subject to segment activation, Listed equity/index futures and options, Eligible commodity derivatives
Restricted/not offered: OTC retail forex/rolling spot, CFDs, Currency contracts not made available by the live exchange/account segment
Hem NxtHem Finlease Private Limited Available 80/100 Review & country fit →
Available/eligible products: Hem Nxt currently advertises one app for Equity, F&O, Commodities and Currency on recognized Indian exchanges.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Marwadi Shares & FinanceMarwadi Shares and Finance Limited Available 80/100 Review & country fit →
Available/eligible products: NSE currency futures plus broader Indian securities/commodity segments under current memberships; the group separately lists an IFSC entity that is not the serving entity for this review.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
MoneySukhMansukh Securities and Finance Limited Available 80/100 Review & country fit →
Available/eligible products: Indian exchange-traded currency derivatives under the Mansukh Securities account; broad educational references to the global OTC forex market do not establish an OTC retail product.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
SMC Global SecuritiesSMC Global Securities Limited Available 80/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Aditya Birla MoneyAditya Birla Money Limited Available 79/100 Review & country fit →
Available/eligible products: For forex-related trading the relevant product is Indian exchange-traded currency derivatives; the current site also covers equities, equity derivatives, commodities, IPOs, bonds and funds.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Choice BrokingChoice Equity Broking Private Limited Available 79/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Almondz TradeAlmondz Global Securities Limited Available 78/100 Review & country fit →
Available/eligible products: Indian exchange equities, equity derivatives, currency derivatives and commodity derivatives under the disclosed memberships.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Bajaj BrokingBajaj Financial Securities Limited Available 78/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Enrich MoneyEnrich Financial Market Private Limited Available 78/100 Review & country fit →
Available/eligible products: the verified account is Indian exchange securities/derivatives through NSE/BSE/MCX memberships; the currency page's discussion of global spot/forwards is not treated as evidence that retail clients receive those OTC products
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
FlattradeFlattrade Broking Private Limited Available 78/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
JM Financial ServicesJM Financial Services Limited Available 78/100 Review & country fit →
Available/eligible products: The current Currency Market page covers futures/options market views; the broader account includes equities, derivatives, commodities, fixed income and managed products.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
PhillipCapital IndiaPhillipCapital (India) Private Limited Available 78/100 Review & country fit →
Available/eligible products: The Indian broker provides securities and derivatives across domestic exchanges; the forex-related product is exchange-traded currency derivatives rather than a global OTC retail FX account.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
ProStocksSunlight Broking LLP Available 78/100 Review & country fit →
Available/eligible products: BSE/NSE equities, equity derivatives and exchange-traded currency futures/options; the currency product is not an offshore OTC spot-FX/CFD account.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
SAMCO SecuritiesSAMCO Securities Limited Available 78/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Share IndiaShare India Securities Limited Available 78/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
SMC Global SecuritiesSMC Global Securities Limited Available 78/100 Review & country fit →
Available/eligible products: Currency derivatives are explicitly offered alongside equities, derivatives and commodities, with clearing support disclosed for NSE, BSE and MSEI currency segments.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Trustline SecuritiesTrustline Securities Limited Available 78/100 Review & country fit →
Available/eligible products: NSE/BSE cash, derivatives and currency derivatives through Trustline Securities; commodities use the separately licensed Trustline Commodities entity.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Achiievers EquitiesAchiievers Equities Limited Available 77/100 Review & country fit →
Available/eligible products: NSE/BSE securities and exchange currency derivatives; broker material should not be interpreted as permission for offshore rolling-spot or CFDs.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Balaji EquitiesBalaji Equities Limited Available 77/100 Review & country fit →
Available/eligible products: NSE/BSE securities, F&O and currency derivatives plus MCX commodities; currency exposure is exchange traded.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
PL CapitalPrabhudas Lilladher Private Limited Available 77/100 Review & country fit →
Available/eligible products: PL Capital's reviewed forex-related service is Indian exchange currency trading; the wider account also covers cash, derivatives and commodity segments under its disclosed memberships.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
SMIFSSMIFS Limited Available 77/100 Review & country fit →
Available/eligible products: SMIFS explicitly offers Currency Derivatives futures/options plus equity, equity derivatives, commodities and wider wealth/investment services.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
YES SECURITIESYES SECURITIES (India) Limited Available 77/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Anand RathiAnand Rathi Share and Stock Brokers Limited Available 76/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Basan EquityBasan Equity Broking Limited Available 76/100 Review & country fit →
Available/eligible products: NSE capital market, F&O, currency futures and interest-rate futures under enabled membership; the review does not infer OTC spot forex or CFDs.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Eastern FinanciersEastern Financiers Limited Available 76/100 Review & country fit →
Available/eligible products: the domestic account includes Indian exchange derivatives/currency; a separate global-investing referral can expose eligible clients to international products via another broker, whose permissions and protections are distinct.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Emkay GlobalEmkay Global Financial Services Limited Available 76/100 Review & country fit →
Available/eligible products: Emkay explicitly lists currency derivatives and retail broking alongside institutional equities, wealth, commodities and other services.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Religare BrokingReligare Broking Limited Available 76/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Tipsons Stock BrokersTipsons Stock Brokers Private Limited Available 76/100 Review & country fit →
Available/eligible products: NSE and MSEI currency derivatives alongside Indian cash/equity derivatives and other exchange products; commodity activity is separately structured within the group.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
TradejiniTradejini Financial Services Private Limited Available 76/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Alice BlueAlice Blue Financial Services Pvt Ltd Available 75/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Indira SecuritiesIndira Securities Private Limited Available 75/100 Review & country fit →
Available/eligible products: The current site covers equity, derivatives, commodities and a dedicated currency product. The forex-related route is exchange-traded currency derivatives.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Keynote CapitalsKeynote Capitals Limited Available 75/100 Review & country fit →
Available/eligible products: BSE/NSE capital market, F&O and currency derivatives; the forex-related service is listed currency contracts.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Nirmal BangNirmal Bang Securities Private Limited Available 75/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Sharewealth SecuritiesSharewealth Securities Limited Available 75/100 Review & country fit →
Available/eligible products: Indian equities, derivatives, commodities and currencies through the domestic securities account; no offshore OTC CFD route is inferred.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
TradeSmartTradeSmart Fintech Securities Limited Available 75/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
A.G. Shares and SecuritiesA.G. Shares and Securities Limited Available 74/100 Review & country fit →
Available/eligible products: Indian exchange securities/derivatives, including the currency-trading route supported by the broker's regulated account; no offshore CFD permission is inferred.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Arihant CapitalArihant Capital Markets Limited Available 74/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
KIFS Trade CapitalKIFS Trade Capital Private Limited Available 74/100 Review & country fit →
Available/eligible products: domestic exchange securities and derivatives under KIFS' memberships; currency exposure is limited to the exchange route evidenced for the broker and is not treated as an offshore OTC service.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Master TrustMaster Capital Services Limited Available 74/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
RMoneyRaghunandan Capital Private Limited Available 74/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
ShoonyaFinvasia Securities Private Limited Available 74/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Sushil FinanceSushil Financial Services Private Limited Available 74/100 Review & country fit →
Available/eligible products: The reviewed currency route is Indian exchange currency derivatives; the broader account supports equities, derivatives and other securities services.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route., Currency derivatives for NRI accounts, per the broker's current NRI guidance.
Way2WealthWay2Wealth Brokers Private Limited Available 74/100 Review & country fit →
Available/eligible products: The current service catalogue spans shares, derivatives, currency trading, commodities, mutual funds, insurance and pension products; this review treats currency as exchange-traded Indian derivatives, not offshore spot forex.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
ZebuZebu Share and Wealth Managements Pvt. Ltd. Available 74/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Globe CapitalGlobe Capital Market Limited Available 73/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
LKP SecuritiesLKP Securities Limited Available 73/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Magnum Equity BrokingMagnum Equity Broking Limited Available 73/100 Review & country fit →
Available/eligible products: Indian exchange securities and currency trading under the domestic broker framework; no offshore spot-FX or CFD platform is evidenced.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Monarch NetworthMonarch Networth Capital Limited Available 73/100 Review & country fit →
Available/eligible products: The forex-related product verified for this review is Indian exchange Currency Futures, within a wider securities/capital-markets business.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
TradebullsTradebulls Securities Private Limited Available 73/100 Review & country fit →
Available/eligible products: Tradebulls covers equity/derivatives, commodities and currency derivatives. This review treats currency trading as the regulated Indian exchange product.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Bonanza PortfolioBonanza Portfolio Limited Available 72/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Jainam BrokingJainam Broking Limited Available 72/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
StockoSouth Asian Stocks Limited Available 72/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Sunidhi SecuritiesSunidhi Securities & Finance Limited Available 72/100 Review & country fit →
Available/eligible products: Indian securities, F&O, commodities and currency derivatives; broad 'forex trading' marketing is interpreted within the disclosed SEBI/exchange framework rather than as an offshore OTC licence.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Swastika InvestmartSwastika Investmart Limited Available 72/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Moneybee SecuritiesMoneybee Securities Private Limited Available 71/100 Review & country fit →
Available/eligible products: Current first-party disclosures show BSE cash/currency derivatives, MSEI currency derivatives and NSE cash. The review does not invent NSE currency access that the broker's own table does not show.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Acumen CapitalAcumen Capital Market (India) Limited Available 70/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
GEPL CapitalGEPL Capital Private Limited Available 70/100 Review & country fit →
Available/eligible products: The forex-related product is exchange-traded currency derivatives within the broker's Indian securities business.
Restricted/not offered: Offshore OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
Steel City SecuritiesSteel City Securities Limited Available 69/100 Review & country fit →
Available/eligible products: Exchange-traded currency futures/options offered under the broker's Indian exchange membership, subject to current contract availability and RBI/FEMA rules.
Restricted/not offered: OTC spot forex/rolling spot forex and CFDs are not part of the reviewed Indian SEBI currency-derivative route.
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