Forex Broking in India is new and there is still a lot of doubt about its legality but lately some of the major forex brokers have started operating in India.

The list given below is not in the ranked format but talks about the major Forex broker in Indian Market. But before starting to trade in Forex market in India, make sure to understand the intricacies of it. They Provide trading in both as ECN and Market maker. Please understand which account is better suited for your trading needs.

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Most of the Forex brokers will need your Identity proof, so either you Passport, Driving license etc. Other than that you will need a address proof so either bank statement or telephone statement will work for it.

These brokers are operating in India but as per RBI guidelines, you cannot trade with Forex brokers in non INR currency.

The brokerage they charge is very low and the liquidity in these contracts have also increased lately.

Foreign exchange market - Wikipedia

This is also fully approved by RBI and Govt. The leverage is not very high but if you are just starting to trade in this, it is even better. Sir, I had opened an account with SVSFX, website svsfx.

Is it legal in India to do forex trading with them. Parently, they are based in UK, and having office in India. I also have live account. Their support system is poor or nil.

Regarding deposit and withdrawals it is all via media agents.

Forex Brokers in India - dakoxok.web.fc2.com India

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How to open demat account Demat account charges Free Demat account Demat Account for NRI Videos Privacy Policy Contact us. Best forex broker in india June 16, by admin 5 Comments.

Best forex broker in india | Stock brokers

You can open an account and see what other traders are doing and sometimes follow the trader which you think is most profitable.

This is one of the largest Forex broker in world and it also listed on NASDAQ. Minimum spread starting at 0 pips to 1 pips Automatic withdrawal Execution in 0. Should you Open account with them These brokers are operating in India but as per RBI guidelines, you cannot trade with Forex brokers in non INR currency.

Next Article Manpasand Beverages IPO allotment status. Previous Article Best Discount Brokers in India. Comments beladiya rajesh says: April 15, at 2: Aapko yaha koi ans nahi dega kyoki its illegal to trade forex in india without indian providers.

February 7, at Kindly guide me whether is it safe and legal to trade with SVSFX, in India. MN Appaji Gowda says: September 12, at 5: April 8, at 6: Dear Admin, is etoro is suitable trading portal for forex trading with different currency pair through india.

Thanks in advance vineet. March 26, at 7: Return to top of page. Open account with ZERODHA and get ZERO brokerage for life. Still not sure about Broker. Open account with Angel Broking with ZERO account opening charges.