Online Trading Starts Here
EN /
AR Arabic
AZ Azerbaijan
CS Czech
DA Danish
DE Deutsche
EL Greek
EN English
ES Spanish
ET Estonian
FI Finnish
FR French
HE Hebrew
HI Hindi
HU Hungarian
IND Indonesian
IT Italian
JA Japan
KK Kazakh
KM Khmer
KO Korean
MS Melayu
NB Norwegian
NL Dutch
PL Polish
PT Portuguese
RO Romanian
... Русский
SV Swedish
TH Thai
TR Turkish
UA Ukrainian
UZ Uzbek
VI Vietnamese
ZH Chinese

Best ETF Brokers in India for 2025

1
8.28
Your capital is at risk.
2
6.73
Your capital is at risk.
3
7.91
Your capital is at risk.
Share this:

Trading in financial markets requires the right choice of a broker, as security of traders’ funds, profit/loss and opportunities depend on it. Before you start working with a company, it is important to comprehensively assess it. Traders Union analysts have already done it for you. The experts prepared a review of the Best ETF Brokers in India for 2025. Five companies that enjoy huge popularity in India were selected and compared between each other.

1
RoboForex - Best in India for 2025

VISIT BROKER
Your capital is at risk.

RoboForex bonus programs are the company's strong points. Every trader gets a $30 Welcome Bonus, if they deposit $10 or more to their account. Additional bonuses include 5%-15% cash back on the fees depending on the trading volume, as well as additional 10% extra funds for more than 1,000 traded.

The minimum deposit on all accounts except R StockTrader is $10. The minimum deposit for trading stocks on the R StocksTrader and copying trades on the CopyFx platform is $100. The spread on Prime and ECN accounts is floating, from 0 pips, on Pro and ProCent accounts – floating from 1.3 pips. You can trade 28 currency pairs, metals and CFDs on this type of account.

For trading, RoboForex has available the following applications: MetaTrader 4, MetaTrader 5, and R StocksTrader, as well as its web terminal, on which you can work on real and demo accounts.

Leverage is up to 1:300-1:500 depending on the account type, as required by the regulatory authorities. The leverage on the cent account is up to 1:2000. On standard accounts, manual increase of leverage to 1:2000 is possible during registration, but this option is subject to certain rules. This parameter is appreciated by experienced traders and amateurs of aggressive trading. With RoboForex, you can earn not only on trading but also on the affiliate program, making a profit from users you have referred to a broker. Multilingual support helps market participants solve their pressing problems 24/7.

Learn More About RoboForex MT4 Platform

2
TeleTrade - Best in India for 2025

VISIT BROKER
Your capital is at risk.

TeleTrade offers its clients rather enticing trading conditions. The minimum trade volume is 0.01 lots for all trading accounts, and the minimum spread is 0.2 pips. The minimum deposit is $10. The company's clients can trade on three types of real accounts, as well as copy trades of experienced traders. The broker offers wide range of financial instruments: in addition to currency pairs, you can trade indices and cryptocurrencies.

3
LiteFinance - Best in India for 2025

VISIT BROKER
Your capital is at risk.

Trading conditions are extremely transparent and easily understandable. There are only two types of accounts: classic and professional. The minimum deposit is $50 for either account, order execution, market, and leverage is up to 1:1000.

4
4XC - Best in India for 2025

VISIT BROKER
Your capital is at risk.

4XC combines advanced technology and innovation in its business approach. 4XC is duly licensed by the Financial Supervisory Commission. The company operates under strict regulations to keep customer accounts secure and protected. 4XC is a customer-oriented company, and offers professional customer support 24/5. 4XC ensures no interference with customer trades, and offers a range of benefits, including spread starting as low as 0.0 points, leverage of up to 1:500, daily withdrawal available, and fast order execution.

4XCis an execution-only broker with no dealing desk (NDD). It offers several account types and numerous payment methods to create a user-friendly environment for every customer.

5
Pepperstone - Best in India for 2025

VISIT BROKER
Your capital is at risk.
Your capital is at risk.

Pepperstone is distinguished by favorable trading conditions. The minimum trade volume is 0.01 lots, and spreads start at 0.0 pips. Also, Pepperstone offers over 1,200 different trading instruments where trade orders are executed quite quickly - within 30 ms on average. The ability to auto copy trades is also provided.

TOP 5 Comparison

In order to choose the Best ETF Brokers in India in 2025, TU analysts chose 5 best brokers in this country. In the table below, you can see a basic comparison of these companies. Experts selected only the most reliable brokers that are popular among traders in India.

RoboForex TeleTrade LiteFinance 4XC Pepperstone

Trading platform

MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader

MT4, MT5

MT4, MT5, MultiTerminal, Sirix Webtrader

MT5, MT4, WebTrader

MT4, Mobile Trading, WebTrader, cTrader, MT5, TradingView

Min deposit

$10

$10

$10

$50

$1

Leverage

From 1:1
to 1:2000

From 1:1
to 1:1000

From 1:1
to 1:1000

From 1:1
to 1:500

From 1:1
to 1:400

Trust management

No

No

Yes

Yes

No

Accrual of % on the balance

10.00%%

1.00%%

7.00%%

No

No

Spread

From 0 points

From 0.2 points

From 0.5 points

From 0 points

From 0 points

Level of margin call / stop out

60% / 40%

70% / 20%

50% / 20%

100% / 50%

90% / 20%

Execution of orders

Market Execution, Instant Execution

Market Execution

Market Execution, Instant Execution

Market Execution

Instant Execution

No deposit bonus

No

No

No

$50

No

Cent accounts

Yes

Yes

Yes

No

No

How to Choose ETF Broker in India ETFs

Here are 5 tips for beginners on how to choose an ETF broker in India:

Assess the Range of ETFs Offered

When scouting for an ETF broker in India, one of the first things to look at is the types of ETFs offered on their platform. Make sure the broker provides a variety of options that suit your investment strategy. Whether you're into tracking specific sectors, commodities, or international markets, a broad array of offerings is crucial. A limited selection can hamper your diversification plans.

Scrutinize the Expense Ratio

An appealing aspect of ETFs is their relatively low expense ratios compared to mutual funds. Yet, this cost can vary from one broker to another. Always prioritize brokers who offer ETFs with low expense ratios. Even a minor difference in these costs can eat into your returns over time.

Gauge ETF Liquidity

Liquidity is the ease with which you can buy or sell an asset in the market without causing a significant impact on its price. Higher liquidity means smoother transactions and lower costs. Check the liquidity metrics of the ETFs your prospective broker offers. Often, ETFs that track popular indices will have better liquidity. High liquidity allows you to enter and exit positions efficiently, which is crucial for effective portfolio management.

Investigate the Broker's Track Record

Trustworthiness is paramount in any financial relationship. Spend time researching the reputation of your prospective broker. Look at customer reviews, regulatory history, and even the performance of the ETFs they offer. A broker with a solid track record is likely to provide reliable service and quality investment options.

Evaluate the Trading Platform

Ease of use matters, especially if you're new to trading. Check out the broker's trading platform. It should offer a user-friendly interface along with advanced features like real-time market data, analytics tools, and educational resources. A robust platform not only simplifies trading but also equips you with the tools to make informed decisions.

Are ETFs Safe in India?

ETFs (Exchange-Traded Funds) in India generally have a similar risk profile to those in other markets. They offer diversification because they often track an index, sector, or commodity. This can mitigate some risk. However, investing in ETFs in India can be a good option, especially for long-term investors.

Registered with SEBI

First things first: ETFs in India come with regulatory backing. They register with the Securities and Exchange Board of India (SEBI), the regulatory body that monitors and regulates the Indian securities market. This regulatory oversight adds an extra layer of safety for investors.

Low Fees

Why get eaten up by fees when you can opt for cost-effective investments? ETFs like the Franklin FTSE India ETF (FLIN) boast low expense ratios. With an expense ratio of just 0.19%, you keep more of your earnings.

Consistent Performance

While nothing guarantees endless gains, some ETFs in India have shown encouraging results. Take the Columbia India Consumer ETF (INCO) as an example. It offered a 1-year return of 0.75%. If you're in it for the long run, ETFs in India seem like a promising avenue.

Diversification

Why put all your eggs in one basket when you can diversify? In India, ETFs give you a variety of choices. You'll find everything from index ETFs and gold ETFs to sector ETFs, bond ETFs, and even currency and global index ETFs. This breadth of options enables you to spread risk and take advantage of different market conditions.

Watch Out for Market Volatility

Keep in mind, short-term market swings can impact your investment. If you're a short-term player, this could be a concern. For long-term investors, though, market volatility often smooths out, making ETFs a compelling choice.

Learn More About Top 8 ETFs For Indian Market

Are ETFs Taxable in India?

Sure, let's dive into the taxation of ETFs in India.

ETFs in India are subject to taxes, much like mutual funds. If you trade ETFs, you'll need to report your earnings in your ITR-Individual Tax Return-2 under the capital gains section. Your tax liability will vary depending on what the ETF is investing in and how long you've held it. Here are the tax rates:

Equity ETFs: If you hold these for more than a year, you'll pay a 10% tax on long-term capital gains that exceed INR 1 lakh. Hold them for less, and it's a 15% tax on short-term capital gains.

Other ETFs: This category includes Debt ETFs, Gold ETFs, and International ETFs. Long-term capital gains here get taxed at 20% but with indexation benefits. Short-term gains get taxed according to your income slab.

Don't forget about dividends. Any dividends you earn from ETFs get taxed according to your income tax slab. ETFs often come with higher tax rates than equity shares and equity-focused mutual funds. Short-term gains, in particular, can end up being taxed at your highest applicable rate. On the flip side, long-term gains can either incur a 10% tax without indexation or 20% with it.

How Can I Buy an ETF in India?

To buy an Exchange Traded Fund (ETF) in India, follow these step-by-step instructions:

Step 1: Open a Demat and Trading Account

To trade ETFs, you'll first need a Demat and trading account. Pick a broker and complete the online process to open these accounts. You'll typically need some basic documents to get started.

Step 2: Research and Choose Your ETFs

Think of buying an ETF like you're shopping for groceries: you need the right fit for your financial plan. Assess your risk tolerance, investment goals, and how long you plan to invest. Look at key factors such as past performance, what assets the ETF holds, Net Asset Value (NAV), expense ratio, and tracking error. Popular picks in India include Nifty BeEs, Gold ETFs, and Debt ETFs.

Step 3: Place the Order

After choosing your ETF, it's time to make your move. Log into your trading account and place a buy order. State how many units you want and the price you're willing to pay. Your broker's online platform should offer different order types like market, limit, and stop orders. Pick the one that suits your trading strategy.

Step 4: Make Payment

You've placed the order; now it's time to pay up. Complete the payment, and the transaction should clear in about 2-3 days. Once processed, your new ETF units will show up in your brokerage account.

Step 5: Monitor Your Investment

You've bought your ETF units; now keep an eye on them. Use your trading account or financial websites and apps to track performance. Make sure your investment aligns with your financial goals, and make adjustments as needed.

Buying an ETF in India doesn't have to be a complex process. Follow these steps, and you'll be well on your way to diversifying your portfolio.

TU Expert Review for the best ETF Brokers in India

Anton Kharitonov

Financial expert and analyst at Traders Union

Anton joined Traders Union as a financial expert and analyst in 2013. He performs comprehensive internal testing of brokers as a trader. Essentially, Anton “test drives” brokers: he checks the operation of the website and user account, the speed and effectiveness of customer support team, stability of the software, deposit and withdrawal processing times, legal documents of companies and also all additional services (VPS, affiliate programs, contests, bonuses, educational programs, etc.). Based on the results of his “inspections”, he prepares expert conclusions about the operation of brokerage companies in the Forex, stock and binary option markets and also of the cryptocurrency exchanges.

His opinion as for the best ETF Brokers in India is posted below.

RoboForex - TU Expert Review

Over the years, this broker has shown itself to be a reliable and trusted partner. RoboForex provides clients with the best conditions: tight spreads from 0 pips, the highest execution speed, and micro-accounts with a lot of 0.01. The positive feedback from real traders about RoboForex, instant withdrawal of funds, and operational support are what impress me about this broker. The brokerage company offers quality services to both beginners and seasoned traders. Over the years of cooperation with RoboForex, the broker has not received any significant claims against it. Therefore RoboForex is quite popular among Traders Union clients. All financial issues and claims on the broker's work are resolved by the company's representatives as quickly as possible and within minimum time. RoboForex always meets its clients and partners halfway. Following the mass of positive reviews about the work of roboforex.com, Traders Union recommends this company as a trusted broker with a high trust rating.

TeleTrade - TU Expert Review

Traders Union has been working with the company since 2012. Over this time, a lot of reviews have been received about the broker from the TU clients, which you can find on this page. All reviews are moderated and then published. Therefore, they contain relevant information about traders’ experience of working with TeleTrade. Each TU client who opened an account with a brokerage company is entitled to free legal support, as well as advice on general issues related to the broker’s performance. TeleTrade Company offers its clients the opportunity to trade over 60 currency pairs, as well as metals, indices, stocks and energies. Cryptocurrency trading is also available. Traders canopen a free demo account and trade virtual funds. The broker also provides several types of real accounts, which allows you to choose the best option in terms of conditions. Thanks to a large analytical section and loads of educational information, the company attracts a lot of novice traders. A wide range of technical analysis tools and the possibility to use various strategies, including pipsing, are the main reasons why experienced traders open an account with TeleTrade.

LiteFinance - TU Expert Review

The LiteForex (LiteFinance) broker has been operating for over 14 years and that characterizes the company as a reliable and responsible partner. The broker is focused mostly on professional traders, as evidenced by a relatively high initial deposit and the absence of cent accounts. I would like to point out the transparency of the broker's trading conditions as there are no pitfalls or hidden commissions. There are no restrictions on scalping, hedging, or the use of trading advisors. Recently, the company updated its personal account from a classic account into a full-fledged trading tool. And now you can start profit directly from your account in one click. Analytics have been added to the cabinet platform for novice traders: fundamental and technical forecasts for each pair, market sentiment, etc. You can also manage the affiliate program from the cabinet and create an investment portfolio using the SocialTrading service. LiteFinance is a professional trading company. The broker fully fulfills its obligations; therefore, it is one of the regular partners of the Traders Union.

Pepperstone - TU Expert Review

Pepperstone is a notable trading company that caters to both beginners and seasoned traders, providing a robust platform for a seamless trading experience. For beginners, the user-friendly interface and comprehensive educational resources make it an ideal choice to embark on the trading journey. The availability of a demo account enables novices to practice strategies without real financial risk, fostering skill development. One of the standout features of Pepperstone is its commitment to regulation, holding licenses from reputable authorities like the Australian Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA). This regulatory adherence instills a sense of trust and security among potential traders, emphasizing the company's dedication to maintaining high industry standards. Pepperstone's diverse range of tradable instruments, including Forex, commodities, and cryptocurrencies, provides ample opportunities for traders at various levels. The competitive spreads and efficient order execution contribute to the appeal of the platform for both beginners and professionals. Moreover, the broker's commitment to customer support is evident through various channels, ensuring that traders have assistance when needed. However, potential traders should be mindful of associated fees, and it's advisable to review the terms and conditions thoroughly. In summary, Pepperstone emerges as a reliable and feature-rich trading platform suitable for both beginners and experienced traders, offering a blend of user-friendly interfaces and professional-grade tools.

Summary

Many brokers operate in India, but not all of them are reliable or offer attractive trading conditions. TU experts selected 5 companies and rated them based on collected data. By reviewing them, you will learn about the Best ETF Brokers in India 2025 and will be able to evaluate the pros and cons of its closest competitors.

Overall score of the best ETF Brokers in India

RoboForex TeleTrade LiteFinance 4XC Pepperstone

Overall score

8.28

6.73

7.91

6.33

8.2

Execution of orders

8.95

3.21

7

7.15

9.15

Investment instruments

4.9

4.7

9.4

4.2

10

Withdrawal speed

8

7

8

7

7

Customer Support work

9.6

8.41

6.9

6.12

6.98

Variety of instruments

9.02

8.75

8.75

8.02

8.75

Trading platform

9.2

8.29

7.43

5.46

7.29

Study
Review

Study
Review

Study
Review

Study
Review

Study
Review

Open an
account

Your capital is at risk.

Open an
account

Your capital is at risk.

Open an
account

Your capital is at risk.

Open an
account

Your capital is at risk.

Open an
account

Your capital is at risk.

FAQ

Who is India's No. 1 broker?

RoboForex dominates the Indian market as the top broker. Traders highly recommend it for its low fees and diverse trading options.

Which trading platform is best for an ETF?

HFM stands out as the best platform for ETF trading. It offers robust analytics tools and an intuitive interface.

How can I buy an ETF in India?

You can buy an ETF in India through a Demat account with a registered broker. After that, you can make your purchase using a trading platform.

Where to buy US ETFs in India?

RoboForex is your go-to option for buying US ETFs in India. The platform facilitates easy access to a wide range of American ETFs

Why is a license important for a broker?

License is the key document testifying to the broker’s reliability. It means that the company complies with the requirements of the financial regulatory authority that issued it. It is recommended that you choose brokers with licenses from top financial regulators: the USA, European Union, the UK, as these jurisdictions have the strictest licensing requirements.

What factors are important when you are choosing a broker?

When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.

What are the risks of trading in the financial markets?

Any trading in the financial markets carries risks of losing your money due to asset volatility. Therefore, it is important to develop the rules of risk management in your strategy and strictly follow them.

How much money do I need in order to start working in the financial markets?

The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).