SEBI Approved Forex Brokers In India

In India, Securities and Exchange Board for India (SEBI) is also responsible for issuing licenses to forex brokers. Its purpose is “to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto.” In this article, we will tell you about 10 Sebi Approved Forex Brokers in India.

1.FP Markets- FP Markets is an Australian-based online brokerage firm that offers various trading instruments including forex, shares, indices, metals, and cryptocurrencies. The company was founded in 2005 and is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).

2.FXTM, or Forex Time, is a global forex and CFD broker founded in 2011. The company is headquartered in Cyprus and is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies in various countries. FXTM offers a variety of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies.

3.FBS - FBS is a licensed worldwide broker with over 14 years of experience and more than 75 international awards. FBS is steadily developing as one of the market's most trusted brokers, with its traders numbering more than 27 000 000 and its partners exceeding 500 000 throughout the globe. The annual trading volume of FBS clients is over $8.9 trillion. FBS is also the Official Partner of Leicester City Football Club.

4.XM Founded in 2009, XM Broker initially carved out a niche in the trader market, focusing exclusively on intermediary services within the foreign exchange market. However, the company has achieved remarkable growth through relentless dedication and undeniable success. Today, XM is a reliable and secure international broker, operating in nearly 190 countries worldwide.

5.OctaFX is a popular forex broker globally and is regulated by the SEC in Nigeria. They offer a wide range of trading instruments, including major, minor, and exotic currency pairs, as well as commodities, indices, and cryptocurrencies. OctaFX provides traders with competitive trading conditions, fast execution, and multiple account types to cater to different trading needs.

6. Avatrade is an online forex and CFD broker that was established in 2006. The company is headquartered in Dublin, Ireland, and is regulated by several financial authorities around the world, including ASIC, CBI, FSA, FSCA, FSC, CBI, FFAJ.

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