Forex trading is growing in India as new market. Lets us see some top forex brokers in india . Note : This article completely our impression please check the genuinity before investing
eToro : etoro are the forex brokers who have started their forex operation with a tagline “Your Social Trading Network”. Some notable features provided by etoro to its customers:
1. Their Leverage is as much as 400:1
2. They provide an innovative platform for the Social Trading.
3. They demand a minimum Deposit approx 3000 inr or $50
4. 24 Hour customer Support
LiteForex : Liteforex was founded in 2005 to make the Forex market accessible, safe, easy and profitable for you anywhere in the world. They commenced operation in India and following are the features they provide to their customers:
1. They demand very little deposit
2. Variety of trading tools
3. Accounts like Multicurrency and swap free
4. Special instant account deposits can be availed
5. Excellent Customer care Service .
FXCM : is one of the largest Forex broker across the world competing the other popular forex brokers. Along with this, it also listed on the NASDAQ . They commenced operation in India and following are the features they provide to their customers:
1. Trading Signals to their customers are totally free of cost .
2. Lower Spreads : Euro/U.S. dollar spread is frequently 2.5 pips, British pound/dollar 2.8 pips
3. No Forex Execution done at the Dealing Desk.
4. There is No conflict of interest between broker and trader and also No dealer intervention in trades
5. Entry orders can be placed anywhere even in the spread .
FBS : This is Award wining Best Forex Broker in Asia at the World Finance Foreign Exchange Awards 2012. hey commenced operation in India and following are the features they provide to their customers:
1. Minimal Deposit is 300 inr or $5
2. Order Volume Minimum 0.01 lot, maximum 10 lots, step 0.01
3. Leverage Up to 1:500
4. Spreads Fixed, starting at 2 pips, 4 digits
5. Trade Instruments 12 currency pairs
6. Deposit Currency US dollar , Euro
7. Swap Free Accounts Available at registration .
website : http://www.fbs.com/
Note : All the views above are completely my views , Please go through respective broker Website before you start trading . We are not responsible for any of your losses .
Veeramachineni Lalitha
I am Finance Content Writer. I write Personal Finance, banking, investment, and insurance related content for top clients including Kotak Mahindra Bank, Edelweiss, ICICI BANK and IDFC FIRST Bank. My experience details : Linkedin