Indian Brokers for 2025

We found 11 online brokers that are appropriate for Trading Indian Brokers Platforms.

Indian Brokers Guide

Analysis by Andrew Blumer, Updated Last updated - January 03, 2025

Ultimate Guide To Choosing Indian Brokers

Investing in the Indian stock market can be an exciting opportunity for experienced and beginner investors. India offers a promising investment landscape with a growing economy and a diverse range of companies. However, navigating the world of Indian brokers can be overwhelming. From established brokerage firms like HDFC Securities to online platforms, numerous options are available to Indian citizens. This guide aims to equip retail investors with the knowledge they need to make informed decisions. We'll explore the different types of brokers in India, such as stock brokers and forex brokers, while dissecting crucial aspects like trading costs and account types (retail investor accounts vs. accounts for large corporations).

Best Indian Brokers

IC Markets

IC Markets Platform Overview

IC Markets is an excellent choice for traders in India who prioritize precision and speed. The broker offers a diverse range of advanced trading platforms, including MT4, MT5, cTrader, and TradingView, which ensures minimal latency and fast execution speeds, averaging an impressive 40ms. IC Markets' commitment to tight spreads across various financial instruments, from Forex to cryptocurrencies, makes it ideal for Indian traders looking for cost-effective trading. Additionally, features like free low latency VPS and advanced trading automation options further enhance its appeal, making it perfect for experienced traders in India.

IC Markets is favored by experienced traders in India for its tight spreads and fast execution. It provides access to a wide range of assets, including Forex, commodities, indices, and cryptocurrencies, making it suitable for scalpers and day traders who rely on quick order execution. IC Markets offers a strong international regulatory environment, providing Indian traders with confidence and reliability.

RoboForex

RoboForex Platform Overview

RoboForex is a compelling option for Indian traders seeking flexibility and competitive fees. The broker's high leverage and ultra-competitive spreads, starting from zero, are perfect for traders aiming to maximize returns. RoboForex's adaptability across various interfaces, including MT4 and MT5, ensures seamless trading experiences on any device. With features like EA scripting and high leverage options, Indian traders can capitalize on rapid market movements. However, it's crucial to be mindful of the higher risks associated with high leverage.

XM

XM Screenshot

XM is an excellent broker for Indian traders looking for a well-rounded platform with a focus on customer support. The broker offers a variety of account types and trading instruments, catering to diverse trading needs. XM is regulated by ASIC, CySEC, and IFSC, providing a high degree of regulatory oversight and ensuring a secure trading environment. Indian traders can benefit from XM's reliable customer support and extensive range of assets.

Pepperstone

Pepperstone Platform Overview

Pepperstone is notable for its commitment to customer satisfaction and diverse trading offerings, making it a great choice for Indian traders. Whether focusing on Forex trading or exploring alternative asset classes, Pepperstone's comprehensive suite of options ensures that all trading needs are met with precision. Backed by regulatory oversight from the FCA and ASIC, Pepperstone maintains high standards of integrity and reliability, essential for Indian traders seeking a trustworthy platform.

With its strong regulatory oversight, Pepperstone is ideal for Indian traders who prioritize reliability and diverse trading needs. The broker's focus on providing a comprehensive trading experience makes it suitable for traders with varying preferences and strategies.

AvaTrade

AvaTrade Screenshot

AvaTrade stands out for its versatility, making it a suitable choice for Indian traders. The broker offers numerous funding and withdrawal options, accommodating the diverse needs of CFD traders. AvaTrade's mobile app, AvaTradeGo, and the social trading platform, AvaSocial, provide convenience and community engagement, making trading a shared venture. With a wide range of instruments and a commission-free structure, AvaTrade is perfect for Indian traders who value flexibility, community, and cost-efficiency in their trading toolkit.

Full-Service Vs. Discount Broker: Which Type Is Right For Me?

Choosing between a full-service broker and a discount broker in India depends on your experience level, investment goals, and desired level of hand-holding.

Full-Service Brokers

Full-service brokers cater to beginner or hands-on investors by providing dedicated relationship managers with personalized investment advice, research reports, and portfolio management guidance. However, these perks come at a cost, with full-service brokers typically charging higher fees based on a percentage of the trade value. This can significantly impact returns for active traders. Additionally, many full-service brokers offer valuable resources for informed decision-making, such as high-quality research reports, technical indicators, and market analysis tools.

Discount Brokers

Discount brokers, also known as online brokers, are ideal for active traders seeking to minimize costs. They offer a user-friendly online trading platform with basic research tools, allowing you to execute trades at flat fees per transaction. However, this affordability comes with a more independent approach. Discount brokers typically don't provide personalized investment advice or portfolio management, so you must be comfortable making informed decisions.

So, Which Type Is Right For You?

  1. If you are a beginner investor with limited knowledge, a full-service broker can provide valuable guidance and support.

  2. If you are an active trader who prioritizes low fees and a user-friendly platform, a discount broker may be a better fit.

  3. Consider a hybrid model offered by some brokers that combines elements of both full-service and discount brokerage.

What Are The Different Brokerage Fee Structures Offered By Indian Brokers (Flat Fee, Percentage, Etc.)?

Understanding the different brokerage fee structures offered by Indian brokers is crucial for making informed decisions.

Flat Fee Per Trade

This is a fixed charge for each buy or sell order, regardless of the trade value. This structure is popular with active traders who place frequent trades.

Percentage-Based Fees

Some brokers charge a commission based on the trade value. This can be beneficial for larger trades but can be expensive for smaller transactions.

Tiered Fee Structure

A few brokers offer a tiered fee structure where the commission rate decreases as the trade value increases. This can be attractive for investors who make a mix of large and small trades.

Brokerage Charges + Exchange Fees

It's important to remember that brokerage charges are separate from exchange fees levied by the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE). When comparing brokers, make sure to factor in both costs.

Here are some additional points to consider:

  1. Account fees: Some brokers may charge account maintenance fees or inactivity fees.

  2. Margin trading fees: If you plan to use margin for stock purchases, be aware of the associated interest rates.

  3. Non-trading fees: Brokers may charge fees for account opening, account closure, or transferring funds.

By understanding the different fee structures and additional charges, you can choose an Indian broker that aligns with your trading activity and budget.

How Necessary Are Research And Analysis Tools When Choosing An Indian Broker?

The importance of research and analysis tools for Indian brokers depends on your investment approach.

Active Traders

Active traders who make frequent trades based on market movements heavily rely on research tools. These tools can include real-time quotes, charting software, technical indicators, and news feeds. A good broker's trading platform should provide access to these resources.

Long-Term Investors

Long-term investors who focus on buying and holding stocks for the long haul may place less emphasis on research tools. However, access to fundamental analysis reports and company financials can still be valuable for making informed investment decisions.

Here are some additional factors to consider:

  1. Quality of research: Not all research is created equal. Look for brokers that offer high-quality research reports from reputable analysts.

  2. Cost of research: Some brokers offer research tools for free, while others may charge a subscription fee.

  3. Ease of use: The research tools should be user-friendly and easy to navigate.

Ultimately, the importance of research and analysis tools depends on your individual needs and investment style. However, having access to these resources can be valuable for any investor in India.

Indian Rupee with index chart

What Features Should I Look For In A Trading Platform Offered By An Indian Broker?

The trading platform offered by your Indian broker is where you'll execute trades, monitor your portfolio, and access research tools. Here are some key features to consider:

User-Friendliness

When choosing a trading platform offered by an Indian broker, prioritize user-friendliness. The platform should be intuitive and easy to navigate, especially for beginners. Look for an interface that allows you to find the information and functionality you need quickly. Many platforms offer customization features like creating watchlists, setting price alerts, and customizing charts to suit your trading style and preferences. Finally, consider mobile compatibility. In today's digital world, a user-friendly mobile app that allows you to trade and monitor your portfolio on the go is essential.

Functionality

Functionality is key for active traders and serious investors. The platform should offer a variety of order types, such as market orders, limit orders, and stop-loss orders, to give you control over how your trades are executed and manage risk effectively. Additionally, real-time market data and advanced charting tools are crucial. Look for a platform that provides up-to-date quotes, historical data, and various chart types with technical indicators for in-depth analysis of market trends and potential investment opportunities. Some platforms go a step further by integrating with research tools and news feeds, allowing you to stay informed about market movements and company news directly within the platform, streamlining your research and decision-making process.

Additional Features

  1. Direct mutual funds investment: Certain platforms allow you to invest in mutual funds directly alongside stock trading, offering a one-stop shop for managing your portfolio.

  2. Margin trading: If you plan to use margin for stock purchases, ensure the platform displays margin interest rates and allows easy management of your margin account.

  3. Security features: Two-factor authentication and robust encryption protocols are crucial to safeguard your financial information.

By prioritizing these features, you can choose a trading platform offered by an Indian broker that caters to your investment style and technological preferences.

Are There Any Hidden Fees Or Charges I Should Know With Indian Brokers?

Unfortunately, there can be hidden fees associated with Indian brokers. Here's what to watch out for:

  1. Account maintenance fees: Some brokers may charge annual or monthly fees for maintaining your account, regardless of your trading activity.

  2. Inactivity fees: Some brokers may levy inactivity fees if you don't trade for a certain period.

  3. Account opening fees: Certain brokers may charge a fee to open a trading account.

  4. Account closure fees: There may also be fees associated with closing your account.

  5. Demat account charges: While some brokers offer free Demat accounts, others may charge account opening fees or annual maintenance charges. The Demat account holds your purchased securities electronically.

  6. Transaction charges: Be aware of per-trade fees or transaction charges on top of the brokerage commission.

  7. Margin interest: If you use margin for trading, you'll be charged interest on the borrowed funds. Make sure you understand the margin interest rates before using this feature.

Tips To Avoid Hidden Fees:

  1. Please read the fine print carefully: Before opening an account with any Indian broker, thoroughly review their fee schedule and understand all the associated charges.

  2. Compare brokers: Research and compare fees charged by different brokers before deciding. Opt for brokers with transparent fee structures and minimal hidden charges.

  3. Ask questions: Don't hesitate to contact the broker directly to clarify any doubts regarding fees.

When choosing an Indian broker, you can get the best value by being aware of potential hidden fees and taking proactive steps to avoid them.

How Secure Are My Funds And Assets With An Indian Broker?

The security of your funds and assets is a top priority when choosing an Indian broker.

Regulation

SEBI-registered brokers are subject to strict regulations and investor protection guidelines.

Custodian Services

Reputable brokers segregate client funds from their company funds. This means your money is held by a custodian bank, such as the Reserve Bank of India, and is not used for the broker's operations.

Cybersecurity Measures

Look for brokers that employ robust cybersecurity measures to protect your personal information and financial data. This may include two-factor authentication, data encryption, and secure login procedures.

Member Of Stock Exchanges

Opt for brokers who are members of recognized stock exchanges like the National Stock Exchange of India (NSE) or the Bombay Stock Exchange Limited (BSE). These exchanges have their own clearing corporations, such as the Indian Clearing Corporation Limited (ICCL), which further safeguards your assets by guaranteeing trade settlement.

Here are some additional tips for enhancing security:

  1. Choose strong passwords: Traders in India must create long, hard to guess 16 character passwords for live trading accounts.

  2. Turn On Two Factor Account Protection: Whenever possible, Indian traders must add two factor trading account protection.

  3. Monitor your account activity: Regularly review your account statements and transaction history to identify suspicious activity.

Considering these factors and taking precautions, you can feel confident that your funds and assets are well-protected when choosing a reputable Indian broker.

What Level Of Customer Service Can I Expect From An Indian Broker?

The level of customer service you can expect from Indian brokers varies depending on the type of broker you choose.

Full-Service Brokers

Traditionally, full-service brokers have offered higher customer service. This may include dedicated relationship managers who provide personalized investment advice, account management assistance, and readily available phone or email support.

Discount Brokers

Discount brokers, known for their lower fees, often have a more limited customer service approach. They may offer essential phone or online chat support, but don't expect personalized investment advice or hand-holding.

Here are some additional factors to consider:

  1. Account types: Some brokers may offer different levels of customer service depending on the type of account you open. For example, a premium account might have priority phone support and dedicated relationship manager access.

  2. Local support: If you prefer assistance in your local language or value the ability to speak to someone in person, look for brokers with local branches or customer support centers in your area.

General Tips

  1. Read online reviews: Check online reviews and forums to see what other customers say about a broker's customer service experience.

  2. Contact the broker directly: Don't hesitate to contact the broker's customer service department to ask questions and gauge their responsiveness.

By understanding the different levels of customer service offered by Indian brokers and considering your needs, you can choose a broker that provides the level of support you require.

Indian businessman with laptop and charts

How Easy Is Opening And Managing A Demat Account With An Indian Broker?

Opening and managing a Demat account with a reputable Indian broker is generally straightforward.

Account Opening

Most brokers offer a hassle-free online account opening process. You'll typically need to provide basic KYC (Know Your Customer) documents like a PAN card, address proof, and bank statements. Some brokers may even offer instant account activation.

Demat Account

Your Demat account acts like a digital locker, holding your purchased securities electronically. This eliminates the need for physical stock certificates.

Electronic Trading

Once your account is set up, you can start trading electronically through the broker's platform. Look for a user-friendly platform with clear instructions for buying and selling stocks or other securities.

Here are some additional points to consider:

  1. Minimum deposit: Some brokers may require a minimum deposit to open a trading account.

  2. Account types: Brokers may offer different accounts with varying features and benefits. Choose an account that aligns with your investment goals and trading activity.

  3. Demat account charges: While some brokers offer free Demat accounts, others may have account opening fees or annual maintenance charges.

General Tips

  1. Compare brokers: Research different brokers and compare their account opening procedures, minimum deposit requirements, and Demat account charges.

  2. Choose a user-friendly platform: Opt for a broker with an easy-to-use trading platform that simplifies the process of buying and selling securities.

Following these steps and choosing a reputable broker can make opening and managing a Demat account in India a smooth and efficient experience.

Do Indian Brokers Offer Any Educational Resources Or Investment Advice?

The availability of educational resources and investment advice from Indian brokers varies depending on the broker you choose:

Full-Service Brokers

Full-service brokers often provide educational resources, including articles, webinars, and video tutorials on various investment topics. They may also offer personalized investment advice from dedicated relationship managers.

Discount Brokers

Discount brokers typically offer fewer educational resources and may not provide personalized investment advice. However, some may offer basic educational materials or links to third-party resources.

By utilizing the educational resources offered by some Indian brokers and taking the initiative to learn more about investing, you can become a more informed and confident investor.

Can Indian Brokers Facilitate Investments In Other Markets Or Asset Classes?

Some Indian brokers can facilitate investments in markets or asset classes other than the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Foreign Stocks

A limited number of Indian brokers offer access to trade stocks listed on foreign exchanges like the New York Stock Exchange (NYSE) or the London Stock Exchange (LSE). This typically requires a higher minimum deposit and may involve additional fees from a stock broker.

Currency Trading (Forex)

Some brokers, also known as forex brokers, allow you to trade currencies like USD/INR or EUR/INR. However, currency trading can be complex and carries significant risks. Ensure the broker offers a user-friendly forex trading platform and educational resources if you're new to this market.

Commodity Derivatives

Certain brokers provide access to trade commodity derivatives, such as futures contracts on gold, oil, or agricultural products. These instruments can be used for hedging or speculation but involve a high risk.

Here are some additional points to consider:

  1. Regulations: The Reserve Bank of India (RBI) regulates foreign exchange transactions in India. Be aware of any limitations or regulations that may apply to your investment goals.

  2. Brokerage charges: Trading in other markets or asset classes often incurs higher brokerage charges than domestic stock trading.

Important note: Not all Indian brokers offer these features. It's crucial to research individual brokers to understand the specific investment products and markets they facilitate.

Choosing The Right Indian Broker

Picking the right Indian broker depends on your investment goals, experience level, and budget. Here's a general rule:

  1. Beginner investors: Prioritize user-friendly platforms, educational resources, and essential customer support. Consider starting with a discount broker offering lower brokerage charges.

  2. Active traders: Look for brokers with advanced trading platforms offering features like technical analysis tools, direct market access (DMA), and lower brokerage charges for frequent trades.

  3. Long-term investors: Focus on brokers with access to research reports and a good selection of publicly traded companies. Full-service brokers may be suitable if you value personalized investment advice and wealth management services.

By carefully considering these factors and the information provided throughout this guide, you can make an informed decision when choosing an Indian broker that best suits your investment needs.

Indian Broker Verdict

Choosing the right Indian forex broker is essential for a successful investment journey. You can find a platform that aligns with your needs by understanding the features offered by top online brokers, popular brokers, and even discount brokers. Whether you prioritize educational content for beginners, user-friendly platforms for easy navigation, or advanced tools for experienced traders, there's a perfect fit out there. Remember, not all brokers are created equal. Be cautious of potential scam brokers and prioritize reputable firms with a proven track record. Do your research, compare features like equity delivery options and currency derivative offerings, and choose a broker that fosters informed decision-making and helps you achieve your financial goals.

We have conducted extensive research and analysis on over multiple data points on Indian Brokers to present you with a comprehensive guide that can help you find the most suitable Indian Brokers. Below we shortlist what we think are the best Indian Brokers Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Indian Brokers.

Reputable Indian Brokers Checklist

Selecting a reliable and reputable online Indian Brokers Trading Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Indian Brokers Trading Platforms more confidently.

Selecting the right online Indian Brokers Trading Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Indian Brokers Trading Platforms in Our Brokerage Comparison Table

When choosing a broker for Indian Brokers Trading Platforms trading, it's essential to compare the different options available to you. Our Indian Brokers Trading Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Indian Brokers Trading Platforms broker that best suits your needs and preferences for Indian Brokers Trading Platforms. Our Indian Brokers Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Indian Brokers Trading Platforms of 2025 compared

Here are the top Indian Brokers Trading Platforms.

Compare Indian Brokers Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Indian Brokers Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Indian Brokers Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Indian Brokers Trading Platforms. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Indian Brokers Trading Platforms that accept Indian Brokers Trading Platforms clients.

Broker IC Markets Roboforex eToro XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro Admiral
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)
Min Deposit 200 10 50 5 No minimum deposit 100 100 25 No minimum deposit 100 1
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 35,000,000+ 10,000,000+ 400,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+ 30,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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Risk Warning Losses can exceed deposits Losses can exceed deposits 51% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk Losses can exceed deposits 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider Losses can exceed deposits
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Admiral Markets
Demo
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All Indian Brokers Trading Platforms in more detail

You can compare Indian Brokers Trading Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Indian Brokers Trading Platforms for 2025 article further below. You can see it now by clicking here

We have listed top Indian Brokers Trading Platforms below.

Indian Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 35000000+ traders. 51% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Admiral
(3/5)
Min deposit : 1
Admiral Markets was established in 2001 and is used by over 30000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)

Learn more Learn more about IC Markets.
Losses can exceed deposits
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Losses can exceed deposits