In recent times, the convenience of mobile apps has allowed trading anytime, anywhere. In such a case, Forex trading has gained massive popularity in India. Whether you are a beginner who is searching to start or an experienced trader, choosing the right forex trading app is crucial for success.
A good forex trading app offers real-time updates, secure transactions, powerful tools, and a smooth user experience. Go for the best forex trading app that offers you more benefits. For your convenience, we have listed 10+ best forex trading apps in India, with detailed descriptions, features, and benefits to help you pick the right one.
What is Forex Trading?
Buying and selling currencies to make a profit is known as forex trading, or foreign exchange trading. Trading currency pairs such as USD/INR, EUR/USD, or GBP/JPY is part of it. One currency’s value fluctuates in comparison to another, traders try to profit from these changes. Using desktop tools or apps, you can trade it through brokers or platforms. You can trade it through brokers or platforms using apps or desktop tools.
Why Use a Forex Trading App?
- Trade Anytime, Anywhere
You can use forex trading apps on your smartphone to access the market five days a week. You can track and manage your trades when you’re at home, on the road, or a daily work.
- Real-Time Price Alerts & News
Follow real-time price changes, market data, and international financial news to stay updated. You may create personalised alerts with a lot of currency trading apps to ensure that you never miss any important trading opportunities.
- Fast & Easy Execution
You can enter or exit trades quickly with a lot of apps’ one-click or fast order execution features. In the highly competitive forex market, where every second can impact your profit or loss, this speed is essential.
- Live Charts & Tools
You may analyse currency patterns right from the app with the use of built-in charts, technical indicators, and tracing tools. You may make wise trading judgments by researching trends and analysing indicators like the RSI or MACD.
- Beginner-Friendly Interface
The user interface of forex apps is clear and simple to use. To assist beginners in learning and trading with confidence, many provide classes, demo accounts, and guided trading.
Tips to Choose the Best Forex Trading Apps in India
1. Check SEBI Registration: Choose currency trading apps or the best forex broker trading platform that are SEBI registered if you want safe, legal forex trading in India (limited to INR pairs).
2. Look for User-Friendly Design: Pick a forex trading app in India with a clean interface and easy navigation, especially if you are a beginner who likes to start forex trading.
3. Review Charting Tools: Look for a good forex platform or app that gives advanced charts, indicators, and real-time data.
4. Low Spreads and Fast Execution: Make sure the best app for forex trading offers tight spreads and quick trade execution to reduce costs. For your better look for who offers a forex trading demo app.
5. Regulation and Safety: Go for forex trading platforms that are regulated by global or Indian authorities to keep your money safe.
6. Demo Account: New to trading? Choose a forex trading app demo with a free demo account so you can learn risk-free.
7. Customer Support: Check the forex trading app, which offers 24/7 support, especially when you are trading during off-hours or facing technical issues.
Top 10+ Forex Trading Apps in India
1. Zerodha Kite
Zerodha, one of the best forex trading platform for Indian markets, is called Kite. Although it is not a global forex broker, it does provide SEBI-regulated INR-paired currency options. For Indian traders, the kite is perfect because it is quick and affordable. It supports advanced order types and TradingView charting. Highly popular in India because of its affordability and ease of use features.
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Best for: Indian traders trading INR-based currency pairs
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SEBI registered: Yes
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Pros: SEBI-regulated, low-cost, reliable platform
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Platforms: Android, iOS, Web
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Why it is great: Easy-to-use and highly trusted in India with SEBI-compliant forex options.
Features:
- Simple UI
- Charting via TradingView
- GTT orders
2. MetaTrader 5 (MT5)
A popular multi-asset forex trading platform in India for stocks, commodities, and currency is MetaTrader 5. It provides algorithmic trading with Expert Advisors, technical indicators, and sophisticated charting tools. A wide variety of international markets are available to traders. Netting and hedging systems are supported by MT5. Both beginners and experienced traders will find it excellent.
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Best for: Advanced traders and algorithmic trading
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SEBI registered: No (platform, not broker)
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Pros: Powerful tools, multi-asset access, low latency, flexible order types
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Platforms: Android, iOS, Windows, macOS, Web
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Why it is great: Offers institutional-level tools for free and supports multiple brokers globally.
Features:
- Multiple timeframes
- Analyse the depth of the market
- Technical indicators
- EA support
Also Read: Top Swing Trading Telegram Channel
3. Upstox Forex Trading
Through its SEBI-registered platform, Upstox provides currency derivatives (not spot FX). The Upstox forex trading
gives access to the NSE currency markets and is intended for Indian retail traders. With detailed visualisations and real-time data, the app is trendy and inexpensive. It became one of the best forex trading platforms in India because of its low brokerage plans. Perfect for traders on a tight budget.
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Best for: INR-based forex traders in India
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SEBI registered: Yes
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Pros: Affordable pricing, SEBI regulated, modern UI
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Platforms: Android, iOS, Web
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Why it is great: Perfect for Indian traders who want safe, SEBI-compliant exposure.
Features:
- Technical charts
- Market depth
- Order slicing
Also Read: Top Colour Trading Telegram Channel
4. cTrader
cTrader is one of the top 10 forex trading platforms. Professional forex and CFD trading platform cTrader is renowned for its quick execution and clear interface. It offers level 2 pricing, automatic trading (cAlgo), and advanced charting. Because it facilitates ECN trading, serious traders favour it. The Indian forex trading app was designed to be quick and accurate. Additionally, it integrates with brokers such as Pepperstone and IC Markets.
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Best for: ECN trading and transparency
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SEBI registered: No (platform, not broker)
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Pros: ECN access, no dealing desk, intuitive UI, advanced risk management
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Platforms: Android, iOS, Windows, Web
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Why it is great: Professional-grade with high execution speed and transparency.
Features:
- Depth of market
- cAlgo automation
- Fast execution
- Detailed analytics
5. Dhan
Dhan provides quick execution and no brokerage plans for delivery trades in NSE currency derivatives. This forex trading in India app has advanced charting, APIs, and interfaces with TradingView and other platforms, and it is designed for contemporary Indian investors. The forex software trading app is easy to use and appropriate for both beginner and experienced traders. Because of these best features, it is considered a forex trading for beginners app.
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Best for: Indian traders seeking a new-age interface
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SEBI registered: Yes
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Pros: Clean UI, fast order placement, innovative tools
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Platforms: Android, iOS, Web
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Why it is great: Combines advanced features with a user-first approach for Indian currency traders.
Features:
- Webhooks
- APIs feature
- TradingView integration
- Update the live data
6. SaxoTraderGO
This Saxo Bank app gives users access to international bonds, stocks, and currencies. This best forex trading app in India is appropriate for rich people and frequent investors. Rich charting tools, dashboard customisation options, and risk management tools are all included in SaxoTraderGO. In-depth research and news are also included. Professionals and serious investors will find it ideal.
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Best for: High-net-worth and multi-asset traders
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SEBI registered: No (foreign broker)
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Pros: Professional-grade tools, strong global access, reliable support
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Platforms: Android, iOS, Web
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Why it is great: Offers an institutional-level experience with deep market access.
Features:
- Advanced analytics
- Integrated news
- Cross-asset trading
7. Angel One
Angel One provides forex trading through exchanges like the NSE and BSE (currency derivatives) that are governed by SEBI. Portfolio tracking, technical indicators, and smart charting are all included in the best legal forex trading app in India. It is user-friendly for beginners and supports local languages. A good all-in-one app for trading Indian stocks, commodities, and currencies.
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Best for: Beginners in Indian forex derivatives
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SEBI registered: Yes
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Pros: Regulated, reliable, regional support
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Platforms: Android, iOS, Web
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Why it is great: Versatile platform trusted by millions for compliant currency trading.
Features:
- Portfolio tracking
- AI-based suggestions
- Learning resources
8. FOREX.com App
Popular US-based forex broker FOREX.com provides a feature-rich trading app for CFDs and foreign currencies. Real-time news, charts, and strong tools are all included in the app. It works effectively for beginners as well as experts. The best forex broker provides helpful content and is subject to strict regulations. The main features are risk tools and quick execution.
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Best for: Beginners and intermediate forex traders
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SEBI registered: No
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Pros: Regulated, user-friendly interface, strong research tools
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Platforms: Android, iOS, Web
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Why it is great: Combines education, tools, and secure trading in one place.
Features:
- Economic calendar
- Real-time alerts
- Customizable indicators
9. Exness
Exness is a global best forex broker that provides high leverage and narrow spreads. In addition to its own online and mobile platforms, it supports MT4 and MT5. Cryptocurrency and major forex pairs are available to traders. The forex software trading is quick, allows for quick withdrawals, and provides constant trading. Popular among foreign retail traders.
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Best for: Low-spread forex trading with high leverage
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SEBI registered: No
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Pros: Low trading costs, fast funding, multilingual support
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Platforms: Android, iOS, Web, MT4/MT5
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Why it is great: High leverage and reliability for global traders.
Features:
- Leverage up to 1:2000
- Tight spreads
- Instant withdrawals
10. IC Markets / Pepperstone
Both IC Markets and Pepperstone are top-tier ECN forex brokers based in Australia. They provide ultra-low latency and institutional spreads. Supporting MT4, MT5, and cTrader, these platforms are known for transparency. Both are regulated (outside India) and favored by scalpers and algo traders.
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Best for: Scalping, EA, and professional trading
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SEBI registered: No
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Pros: ECN access, tight spreads, reliable platforms
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Platforms: Android, iOS, MT4, MT5, cTrader
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Why it is great: Ideal for serious forex traders needing speed and transparency.
Features:
- Raw spreads
- Low latency
- Fast execution
11. Deriv
Deriv is a global trading platform that provides binary options, forex, and synthetic indices. It offers several interfaces, such as MT5, DTrader, and DBot (for automation). Although it is user-friendly for beginners, it provides tools for algorithmic trading and automation. renowned for being easily accessible and having affordable deposit requirements.
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Best for: Beginners and traders exploring synthetic indices or automation
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SEBI registered: No
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Pros: Low deposit, simple UI, variety of markets
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Platforms: Android, iOS, Web, MT5
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Why it is great: Offers innovative instruments and automation without complexity.
Features:
- Synthetic markets
- MT5 support
- Automated trading with DBot
Final Thoughts
Choosing the right forex trading app can make a huge difference in your trading journey. Whether you are looking for a beginner-friendly platform, advanced trading tools, or low fees, these 11 apps have something to offer. Start by trying a demo account if you’re new, and select the app that matches your trading style and goals!
Disclaimer: This website is not liable for the accuracy or validity of provided information. Users are solely responsible for any kind of action with mentioned assets. Use information at your own discretion. |
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