India Forex Brokers 2026
Expert reviews, ratings, and trading conditions for India-regulated forex brokers. Filtered by composite score, tier, spread, and platform.
India Forex Brokers — Regulatory Guide 2026
India hosts a diverse selection of forex brokers, subject to varying levels of regulatory oversight. We have reviewed 97 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 $0.
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.
| 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
|
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 |
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
|
—
|
||
|
ZE
|
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
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
|
—
|
||
|
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 |
$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 |
₹0
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 |
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 |
$5
No USDT
|
—
|
||
|
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
|
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 |
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
|
India Forex FAQ
2026 Technical Q&ANo, 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.
Wisdom Capital operates without regulatory oversight, which raises concerns regarding the safety of client funds. There are no investor protection measures in place, increasing the risk of potential fraud and financial loss.
Wisdom Capital provides several account types, including Trading Accounts, Wealth Management Accounts, Demat Accounts, and Margin Trading Accounts, catering to different investor needs.
Deposits can be made through various methods such as bank transfers, credit/debit cards, and e-wallets. The minimum deposit varies based on the selected payment method.
There is currently no information available regarding the extent or quality of educational resources provided by Wisdom Capital to help traders improve their skills.