India has a growing interest in forex trading, with many traders looking to enter the global market. However, it's essential to choose a forex broker that is reliable, well-regulated, and offers a user-friendly platform. The forex market in India is largely regulated by the Securities and Exchange Board of India (SEBI), and while domestic brokers offer forex trading services, many Indian traders prefer international brokers that allow access to a broader range of currency pairs and offer competitive trading conditions.

Here are some of the top forex brokers in India, known for their regulation, platform features, spreads, and customer service:

1. ICICI Direct

Regulation: SEBI (India)

Features:

Offers currency trading as part of equity and commodities trading.

A trusted Indian financial institution with solid customer support.

Advanced charting and trading platforms.

Access to MCX and NCDEX exchanges for commodities and currency pairs.