List of Crypto Exchanges in India

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Below are the list of crypto exchanges providing service for clients around the globe from India. The crypto exchanges are ranked by their cyber security scores, whose measurement is provided by cer.live.

If you need to find a shorter way of filtering the exchanges, sort the list based on other features such as the year established, fee, margin trading, and fiat deposit.

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Exchange	Volume	Fees	Cyber Security Score	Established
Mudrex	$500,928,798	0.2% 0.2%		2018	Visit Review
SecondBTC	$27,242,419	0.2% 0.2%	2.16	2018	Visit Review
Koinbx	$10,111,708			2020	Visit Review
Giottus	$3,442,930	0.05% to 0.4% depending on tier 0.05% to 0.4% depending on tier		2018	Visit Review
WazirX	$2,353,296		3.28	2018	Visit Review
Koinpark	$367,354	0.2% 0.2%		2023	Visit Review
ZebPay	$352,556		3.66	2014	Visit Review
BuyUcoin	$73		2.62		Visit Review

Additional FAQ

What criteria we can use to determine a good Indian broker?

Does the broker support Indian local currency?
Does the country's regulatory body license it?
Is the Indian language on the website available?
Does it have a physical office in India?
Does it support local deposit and withdrawal options?
Does it have an Indian phone number or email?
Does it have a local webinar program or seminar for Indian traders?
Does it provide bonus/promotion programs for Indian clients?

You don't have to look for a broker with all the characteristics above. In fact, brokers with 3-4 criteria are already sufficient for Indian traders; just make sure the brokers at least support INR account currency.

Continue Reading at Top Forex Brokers in India

Is forex trading allowed in India?

The brief answer to this question is: yes, forex trading is allowed in India. But, forex trading in India comes with a lot of restrictions.

The Reserve Bank of India (RBI) regulates forex trading in its duty as overseer of foreign exchange transactions in India, along with the Securities and Exchange Board (SEBI) as the regulator of the Indian stock market and forex brokers. The RBI launched the Foreign Exchange Management Act (FEMA) in 1999 as a legal framework for forex trading activities in India. However, according to the law, Indian forex brokers are only allowed to provide four currency pairs and three exchange-traded currency options.

Continue Reading at Top Forex Brokers in India

What trading instruments are legally allowed in India?

The pairs allowed for trading in India are USD/INR, EUR/INR, GBP/INR, and JPY/INR. There's also EUR/USD, GBP/USD, and USD/JPY as an extension of the four main pairs. So, what if someone wanted to trade other pairs such as, say, AUD/USD?

Retail traders could not legally do that with SEBI-regulated forex brokers. Therefore, Indian residents could only gain access to wider opportunities by opening accounts with foreign forex brokers.

Continue Reading at Top Forex Brokers in India

What brokers are considered good for Indian traders?

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:

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

Continue Reading at Top Forex Brokers in India

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