Expert reviews, ratings, and trading conditions for India-regulated forex brokers. Filtered by composite score, tier, spread, and platform.
India hosts a diverse selection of forex brokers, subject to varying levels of regulatory oversight. We have reviewed 83 brokers in this jurisdiction with an average editor rating of 1.5/10.
Broker leverage in India is shaped by both the local regulator's requirements and international agreements. Our data shows maximum available leverage of up to 1:500, with minimum deposit thresholds from $5.
Traders based in or targeting India should verify that their chosen broker holds the appropriate local license alongside any international certifications. Our tiered comparison table (Globally Licensed → Offshore → Unlicensed) makes it easy to identify brokers with the strongest regulatory standing. Goodwill currently ranks #1 among India brokers in our 2026 composite score analysis.
Lowest minimum deposit among India-licensed brokers in 2026.
| Broker | Rating | Spread | Key Metrics | Platform | |
|---|---|---|---|---|---|
|
Score: 2.4
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5 - $100
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.3
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5 - $100
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5-$100
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
₹20,000
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5 - $100
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 2.2
5-10 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 2.0
2-5 years
|
N/A |
No USDT
|
MT5
|
||
|
Score: 1.6
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.6
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.6
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.6
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.6
2-5 years
|
N/A |
$5 to $100
No USDT
|
—
|
||
|
Score: 1.6
2-5 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
MT4
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
$5
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
—
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
MT4 MT5
|
||
|
Score: 1.5
2-5 years
|
N/A |
No USDT
|
MT4
|
No, Goodwill Wealth Management Pvt Ltd. is not regulated by any recognized financial authority. This lack of regulation may pose risks for traders, including limited investor protection and a higher potential for fraud.
Goodwill offers a variety of trading instruments including equities, derivatives, commodities, and mutual funds. However, it does not offer forex or cryptocurrency trading.
The minimum deposit requirement to open an account with Goodwill Wealth Management Pvt Ltd. is 500 INR, which makes it accessible for a range of investors.
You can contact Goodwill's customer support via email at goodwill@gwcindia.in or by calling their support line at +91 8012278000. They also provide assistance through their website.
R K Global is not regulated by any recognized financial authority. This absence of regulation means that there are significant risks associated with trading through this broker, as client funds are not protected, and investors may have limited recourse in the event of disputes or fraud.
R K Global offers a wide range of trading instruments, including Forex, commodities, indices, stocks, and cryptocurrencies. This diversity allows traders to explore multiple markets and implement flexible trading strategies.
Given that R K Global is not regulated, there are heightened risks regarding the safety of client funds. Potential investors should be aware that trading with an unregulated broker like R K Global involves the absence of investor protection mechanisms and an increased potential for fraudulent activities.
R K Global offers 24/7 customer support through various channels, including email, live chat, and telephone. This ensures that traders can receive assistance at any time, enhancing communication for a diverse clientele.
