What are top forex brokers for traders in India? Pepperstone– best forex broker in India; XM – best for VIP accounts / leverage 1:888; eToro – best social trading platform; IQ Option – best for binary options AVATRADE – fix spreads forex broker How to Find the Trusted Forex Broker in India. Forex trading is very popular among Indians, especially in a large cities like New Delhi Trade stocks, ETFs, forex & Digital Options at IQ Option, one of the fastest growing online trading platforms. Sign up today and be a part of 17 million user base at IQ Option. Forex brokers in India are only allowed to offer Indian rupee based currency pairs for USD, EUR, GBP, and JPY because If the majority of Indians traded the dollar (which is the most traded currency) outside of India, the Reserve Bank of India would come to a point to be compelled to buy the USD with INR at cheaper rates. Last updated: May 7th, 2020 We have performed a thorough review of IQ Option, without the broker knowing.. Is IQ Option a scam OR one of the best trading platforms in the world ?. Read further! IQ Option brand has been founded in 2013. IQ Options Europe LTd. is a Cyprus based financial company that has started its career as a super successful binary options trading platform. IQ Option is known to be one of the best forex brokers for beginners 2019. It is known for having a demo account that gives beginners a great introduction to forex trading. It is without a doubt one of the best forex brokers with demo accounts 2019. 2) FXTM – forextime.com. Open Free Demo Account IQ Option is an online trading platform that allows you to trade a variety of financial instruments including binary options, stocks, forex, ETFs, commodities, and cryptocurrency. This broker was founded in 2013 and is operated by IQ Option LTD. The Securities and Exchange Board of India (SEBI) is the regulatory body for all financial services and activities, as well as regulating the commodity market in India. It was established in 1988 and was given statutory power in 1992. Nevertheless, it is not required to get authorization from SEBI, in order to offer financial services and forex trading to the residents of India. Therefore, Foreign exchange and Forex transactions play an integral part in the Indian economy. Staying Protected From Broker Scams. Forex brokers in India should be regulated by the SEBI and should be authorized by the relevant authorities to ensure that all companies follow the FEMA guidelines on Forex trading. IQ Option . Of course IQ Option has to be the first one. It is a top forex broker whose main focus is on providing ample support for beginner forex traders. IQ Option is renowned with forex trading circles for its favorable trading terms and conditions, and for providing some of the best trading platforms in the industry. The ForexBrokers.com annual forex broker review (five years running) is the most cited in the industry.With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year.
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