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Additional FAQ

Many forex brokers are imposed to ESMA's new rules as most popular brokers come from the European Area. Many of them have been working with multiple licenses to maintain their global operation. Some examples are:

  1. Admiral Markets
  2. Exness
  3. eToro
  4. Plus500
  5. IG
  6. XTB
  7. AvaTrade
  8. FxPro
  9. NordFX
  10. TriumphFX
  11. Saxo Bank
  12. Interactive Brokers
  13. CMC Markets

Continue Reading at ESMA Regulations for Retail and Professional Traders

There are four things we could check to recognize broker scams:

  1. Sensasional ads: They tend to promise a big number, sometimes unrealistic.
  2. Unproven regulations: Check out whether they are regulated and whether their regulations are legit.
  3. Untraceable contact: Find out if they have a legit communication line or real address.
  4. Bad reviews: Look at what people say about them.

Continue Reading at 4 Signs to Recognize Forex Broker Scams

The easiest way to check a broker's registration is to look at the bottom of their website or click the "About Us" button. Regulated brokers are required to include their regulatory information as well as proper risk disclaimers on their websites, so it should be easy to find.

The next step is to double-check the authority that regulates the broker. You just need to visit the website of the governing body and search for the broker's registration number.

Continue Reading at How to Ensure Your Broker is Trustworthy

These brokers have been selected based on a comprehensive analysis of various factors, ensuring they provide a well-rounded and beneficial trading experience for Indian traders:

  1. Interactive Brokers: Has a physical office in Mumbai.
  2. Exness: Support Hindi language.
  3. XM: Support local bank transfers.
  4. Admirals: Has local phone number and e-mail.
  5. FP Markets: Support deposit using INR.
  6. HF Markets: Offer promotions and bonuses for Indian clients.

Continue Reading at Top Forex Brokers in India