91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026
Broker data for India: licences, costs and who onboards you
In this ranking
91
Round turn, USD · Median
6.0 USD
Local licence
22
Ranked on all axes
27
Rankings
14
Min deposit, USD · Median
30.0 USD
Max leverage · Median
500.0geo
Recalculated
2026-10-03
91 brokers checked against India sources. 52 priced per round turn, 22 hold a local licence.
Top picks (12 / 27)
Sorted by computed score, highest first. Unscored brokers follow.
| Broker | Score | Round turn, USD | Accepts IN residents | Onboarding entity |
|---|---|---|---|---|
| Fusion Markets | 4.1 | 4.5 | Through an offshore entity | Indian retail clients are onboarded unde |
| OctaFX | 3.95 | 6.0 | Yes | IN clients served via offshore entity; l |
| JustMarkets | 3.94 | 6.0 | Through an offshore entity | Just Global Markets Ltd |
| BlackBull Markets | 3.93 | 6.0 | Through an offshore entity | BBG Limited |
| AMarkets | 3.92 | 11.0 | Through an offshore entity | AMarkets Ltd |
| FxPro | 3.91 | 9.0 | Through an offshore entity | FxPro Markets Ltd |
| FBS | 3.88 | 7.0 | Through an offshore entity | FBS Markets Inc |
| Blueberry Markets | 3.82 | 7.0 | Through an offshore entity | Would be served via offshore Mauritius/V |
| BDSwiss | 3.8 | 10.0 | Through an offshore entity | Indian clients are onboarded under the o |
| NordFX | 3.8 | 7.0 | Through an offshore entity | Offshore NordFX LTD (Saint Lucia, reg 20 |
| Pepperstone | 3.79 | 7.0 | Through an offshore entity | Pepperstone Markets Ltd |
| FreshForex | 3.77 | 6.0 | No | Riston Capital Ltd |
Rankings (14)
- Best brokers in India
- regulated-regulated brokers in India
- Swap-free brokers in India
- Lowest minimum deposit in India
- Lowest EURUSD spreads in India
- Highest leverage available in India
- Brokers with local funding in India
- Raw-spread and ECN accounts in India
- MetaTrader 4 brokers in India
- MetaTrader 5 brokers in India
- cTrader brokers in India
- Brokers with crypto CFDs in India
- Fastest withdrawals in India
- Best broker apps in India
Brokers (91)
- Nuvama
- Fusion Markets
- LiteFinance
- Weltrade
- FP Markets
- OctaFX
- JustMarkets
- BlackBull Markets
- AMarkets
- FxPro
- XM
- ActivTrades
- FBS
- FXOpen
- Alpari
- Blueberry Markets
- BDSwiss
- NordFX
- FXChoice
- Pepperstone
- FreshForex
- Moneta Markets
- MultiBank Group
- mStock (Mirae Asset)
- ThinkMarkets
- AvaTrade
- Eightcap
- TMGM
- Axi
- Grand Capital
- Mitrade
- IG Markets
- Swissquote
- Hantec Markets
- XChief
- Finvasia
- VT Markets
- Admirals
- ForexMart
- Trade Nation
- CAPEX
- Saxo Bank
- Alice Blue
- Tickmill
- HYCM
- RoboForex
- Vantage
- CMC Markets
- XTB
- Equiti
- CMTrading
- OANDA
- FXCM
- IFC Markets
- ADSS
- Headway
- Exinity
- Fortrade
- FXTM
- InstaForex
- IronFX
- Doto
- Capital.com
- FXGT
- Plus500
- HFM
- Dukascopy
- Interactive Brokers
- eToro
- Forex.com
- FIBO Group
- FXGT.com
- Milton Prime
- ZuluTrade
- 5paisa
- Anand Rathi Share & Stock Brokers
- Axis Direct
- Bajaj Broking
- Choice Broking
- Espresso
- Geojit Financial Services
- IIFL Securities
- JM Financial
- Kotak Securities
- Nirmal Bang
- Paytm Money
- Prabhudas Lilladher
- Reliance Securities
- SBI Securities
- SMC Global Securities
- Ventura Securities