Best India Forex Brokers (SEBI-regulated)

Forex brokers regulated by the SEBI (SEBI), ranked by Trust Score.

Ranked by our published Trust Score · Updated June 2026

#1

AETRAM
SEBI SCA · reviews

4.6/10 Review
#2

SKSE
SEBI · reviews

4.1/10 Review
#3

upstox
SEBI · reviews

4.1/10 Review
#4

ICICI Securities
SEBI · reviews

4.1/10 Review
#5

MARFATIA
SEBI · reviews

4.1/10 Review
#6

PINNACLE
SEBI · reviews

4.1/10 Review
#7

STAR
SEBI · reviews

4.1/10 Review
#8

MARKET-HUB
SEBI · reviews

4.1/10 Review
#9

Hornic Investment
SEBI · reviews

4.1/10 Review
#10

GRD
SEBI · reviews

3.9/10 Review
#11

VERTEX
SEBI · reviews

3.9/10 Review
#12

Groww
SEBI · reviews

3.8/10 Review
#13

DBFS
SEBI · reviews

3.8/10 Review
#14

VSE
SEBI · reviews

3.8/10 Review
#15

Vijeta Broking India Private Limited
SEBI · reviews

3.8/10 Review

Frequently asked questions

How are these brokers ranked? ▾

By our transparent Trust Score (0–10), which weighs regulation, verified reviews, transparency, footprint and complaints. The full methodology is published.

Are these brokers regulated? ▾

Each broker lists every licence with a verified, clone or expired status, linked to the regulator's own register. Always confirm a licence directly before depositing.

Is this financial advice? ▾

No. Trading forex and CFDs is high risk. This ranking is our opinion for research only and is not a recommendation to trade with any broker.

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