In India, Forex trading is primarily conducted through regulated brokers that offer currency derivatives on authorized exchanges like the NSE, BSE, and MCX-SX. These Forex trading companies are registered with the Securities and Exchange Board of India (SEBI) and operate under strict compliance with Indian regulations. Some of the leading Forex trading companies in India include Zerodha, Upstox, ICICI Direct, HDFC Securities, Angel One, and 5Paisa. These firms provide platforms for trading in permitted currency pairs such as USD/INR, EUR/INR, GBP/INR, and JPY/INR. While international Forex brokers are popular globally, Indian residents are advised to trade only through SEBI-registered entities to ensure safety, legality, and regulatory protection.
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