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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

MetaTrader 5 brokers in India

Key facts (6 · 54 of 91)

In this ranking
54 of 91
Ranked on all axes
24 of 54
Round turn, USD · Median
6.0 USD
Min deposit, USD · Median
30.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
48.0 h

Top picks (3 / 24 of 54)

1. Fusion Markets

Score 4.1 · Round turn, USD 4.5 USD

Read the review

2. OctaFX

Score 3.95 · Round turn, USD 6.0 USD

Read the review

3. JustMarkets

Score 3.94 · Round turn, USD 6.0 USD

Read the review

Full list (54)

Sorted by computed score, highest first. Unscored brokers follow.
Showing 54 of 91 brokers that onboard India residents.
BrokerScoreRound turn, USDMin deposit, USDMax leverageWithdrawal, hOnboarding entity
Fusion Markets4.14.5no data500.0geo1.0Indian retail clients are onboarded unde
LiteFinanceno data5.0no data1000.0geo24.0LiteFinance Global LLC
Weltradeno data3.1no data2000.0geo0.5Weltrade Ltd
FP Marketsno data6.0no data500.0geo0.0FP Markets LLC
OctaFX3.956.0no data1000.0geo3.0IN clients served via offshore entity; l
JustMarkets3.946.010.0geo3000.0geo48.0Just Global Markets Ltd
BlackBull Markets3.936.0no data500.0geono dataBBG Limited
AMarkets3.9211.0no data3000.0geono dataAMarkets Ltd
FxPro3.919.0100.0geo200.0geo24.0FxPro Markets Ltd
XMno data3.55.0geo1000.0geo24.0XM Global Limited
ActivTradesno data5.00.0geo200.0geo24.0Indian clients, where accepted, onboarde
FBS3.887.0no data3000.0geo24.0FBS Markets Inc
FXOpenno data3.0no data500.0geo24.0FXOpen Markets Ltd
Alparino data3.0no datano data48.0Does NOT serve India - Alpari explicitly
Blueberry Markets3.827.0no data500.0geo24.0Would be served via offshore Mauritius/V
BDSwiss3.810.0no data2000.0geo24.0Indian clients are onboarded under the o
NordFX3.87.0no data1000.0geono dataOffshore NordFX LTD (Saint Lucia, reg 20
FXChoiceno data7.0100.0geo200.0geo24.0FX Choice Ltd
Pepperstone3.797.0no data200.0geo48.0Pepperstone Markets Ltd
FreshForex3.776.010.0geo2000.0geono dataRiston Capital Ltd
Moneta Marketsno data3.050.0geo1000.0geo24.0Moneta Markets Ltd
MultiBank Groupno data3.050.0geo500.0geono dataIndian clients served via offshore entit
ThinkMarketsno data7.0no data500.0geo24.0TF Global Markets Int Ltd
AvaTrade3.699.0no data400.0geo48.0Ava Trade Markets Ltd
Eightcap3.677.0no data500.0geo48.0Eightcap Global Limited
TMGM3.677.0no data1000.0geo24.0Trademax Global Ltd
Axino data6.0no data500.0geono dataOnboarded to offshore AxiTrader LLC / Ax
Grand Capital3.679.010.0geo500.0geono dataGrand Capital Ltd
Swissquote3.6517.01000.0geo100.0geo24.0Swissquote Bank Ltd
XChief3.65.510.0geo1000.0geo120.0Onboards Indian clients via offshore xCh
Finvasiano datanot pricedno datano datano dataof Finvasia Securities Pvt Ltd
VT Markets3.566.0no data500.0geo72.0Served via offshore VT Markets LLC (SVG)
Admirals3.547.0no datano data72.0Does not onboard Indian residents; no en
ForexMart3.546.0no data500.0geono dataOffshore Tradomart SV Ltd
CAPEXno data6.5no datano data24.0KW Investments Ltd
Tickmillno data6.0no datano datano dataNot served — India is a Tickmill restric
HYCMno data5.0no data500.0geo168.0HYCM Ltd
RoboForex3.44.0no data2000.0geo48.0RoboForex Ltd
Vantageno data6.050.0geo500.0geo72.0Indian retail clients are onboarded by t
Equiti3.277.0no datano data120.0No Indian entity; not SEBI-registered. A
IFC Marketsno data18.0no data400.0geono dataIFCMARKETS CORP. (BVI); India-localized
Headwayno datanot pricedno datano datano dataMarketed/served offshore under Jarocel (
Exinity3.024.0no data2000.0geo72.0Exinity Limited
FXTMno datanot pricedno datano data24.0Not served — FXTM does not accept Indian
InstaForexno datanot pricedno data1000.0geo144.0Instant Trading Ltd
IronFXno datanot pricedno datano data120.0Served offshore (Notesco Bermuda / CySEC
Dotono datanot pricedno datano data120.0DOTO GLOBAL LTD
FXGTno datanot pricedno data5000.0geono dataGT Global Ltd
HFMno datanot pricedno data2000.0geono dataHF Markets (SV) Ltd
Dukascopyno datanot pricedno data200.0geono dataServed by Dukascopy Bank SA (Switzerland
FIBO Groupno datanot pricedno data1000.0geono dataIndian clients onboarded by offshore FIB
FXGT.comno datanot pricedno data1000.0geo168.0Offshore GT Global Ltd
Milton Primeno datanot pricedno datano datano dataIndia listed as a restricted/ineligible
ZuluTradeno datanot pricedno datano datano dataCopy-trading/social-trading platform lay

The shape of the India market

Round-turn cost, USD (52 of 91)

Median 6.0 · Range 2.0–18.0 USD

Minimum deposit, USD (14 of 91)

Median 30.0 · Range 0.0–1000.0 USD

Retail leverage (49 of 91)

Median 500.0 · Range 20.0–5000.0 1:x

Withdrawal time, hours (53 of 91)

Median 48.0 · Range 0.0–240.0 h

How to choose (5)

  1. Check the entity in the last column: India residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
  2. Compare the round turn against the median of 6.0 USD, measured on 52 of 91 brokers rather than on the whole base.
  3. Treat a blank as a blank: 30 of 54 brokers here are missing at least one axis and are listed without a score.
  4. Read the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
  5. Open the licence number on the broker page and check it in the register before funding.

Related rankings (6)

Methodology

2 + 3 × weighted mean of six axes. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.

Methodology

FAQ (4)

How many brokers are in this ranking?

54 of 91 of the 91 brokers in our India base, and 24 of 54 of them are measured on all six axes.

How is the order decided?

By the computed score: 2 + 3 × the weighted mean of six axes. A broker without a review rating or without a round-turn price is listed but not ranked.

Which broker leads metatrader 5 brokers in india?

Fusion Markets with 4.1 of 5 and a round turn of 4.5 USD.

What does trading cost in India on average?

The median round turn on one EURUSD lot is 6.0 USD, measured on 52 of 91 brokers.