Best Forex Trading Apps In India For 2025

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best trading app in India is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
A high level of liquidity allows you to quickly complete transactions.
Ability to trade anytime and from anywhere.

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best trading apps in India

Eightcap - Best broker to trade directly from TradingView charts
XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)
Bybit - A global cryptocurrency exchange offering Forex and CFD trading through the MetaTrader 5 platform, with leverage of up to 1:500.
RoboForex - Best Forex broker for beginners ($10 min. deposit, copy trading)
VT Markets - Attractive Forex bonuses (50% welcome bonus, 20% deposit bonus)

Choosing the right Forex trading app in India can have a significant impact on your trading success. In this article, we have compiled nine of the best apps that offer fast order execution speeds, user-friendly interfaces, and reliable data protection. These solutions will help you manage your investments quickly and efficiently, wherever you are.

Best trading apps in India

Trading apps are enjoying growing popularity in India, driven by the growing number of retail investors and the rise of digital technologies. This is because mobile trading apps have become a go-to tool for both experienced and new traders in recent years. The main factors contributing to the growing popularity of these apps are their convenience and accessibility. Users can trade in the financial markets anytime and from anywhere, which is especially important in today’s fast-paced lifestyle. We have selected the best trading apps in India that are simple, secure, and offer a wide range of trading tools.

Best Forex trading apps in India
	Min. deposit, $	Max. leverage	Open an account
Eightcap	100	1:500	Open an account Your capital is at risk.
XM Group	5	1:1000	Open an account Your capital is at risk.
Bybit		1:500	Open an account Your capital is at risk.
RoboForex	10	1:2000	Open an account Your capital is at risk.
VT Markets	100	1:500	Open an account Your capital is at risk.

Criteria for choosing the best trading apps in India

Not all apps are created equal, and to make the right choice, you need to carefully analyze the key criteria that will help you find the most suitable tool. Let's look at the main ones that you should take into account before you start using a trading app.

Security. This is a key factor when choosing a trading app, especially in the context of increasing activity of cybercriminals. Traders operate with significant amounts of money, and any security breach can lead to serious financial losses. To avoid such risks, apps must provide a high level of data protection. One of the most effective security measures is data encryption, which protects users' personal and financial information from unauthorized access. In addition, two-factor authentication (2FA) provides an additional layer of protection by requiring the user to confirm their identity through a second channel, such as SMS or an authenticator app.
Commissions and expenses. Different apps offer different terms and conditions, and the right choice can significantly affect the profitability of a trader. Some apps attract users with low or no fees, which is especially important for beginner traders on a budget. However, it is important to remember that free apps may charge hidden fees, such as higher spreads or withdrawal fees.
Regulation. Don’t just stop at checking if the apps are SEBI-approved. Go a step further and see if they’ve ever had issues with regulators. The best apps will make this easy to find, and they’ll keep you in the loop about new rules. For example, if an app sends you notifications about changes in SEBI’s regulations or gives you quick access to outside reviews on their performance, that’s a good signal.
Functionality and usability. The best trading apps offer a wide range of tools for market analysis, including interactive charts, indicators, and real-time news. These features allow traders to make informed decisions and react quickly to changes in the market. In addition, the usability of the interface plays an important role: the app should be intuitive and easy to learn so as not to distract the user from the trading process. A poorly designed interface can lead to errors and missed opportunities.
Compatibility and availability. These are factors that directly affect the comfort of using the app. It is important that the trading app is available on the most popular platforms, such as iOS and Android. In addition, support for local languages and integration with local payment methods make the app more accessible to a wider audience. If the app does not support the required platforms or languages, this can be a major obstacle for the user.
Customer support. Trading in financial markets requires a quick response, and any technical failure can lead to significant losses. In such cases, having prompt and qualified customer support becomes critical. The best apps offer 24/7 support, available through various channels such as chat, phone, or email. Having quality customer support not only increases the credibility of the app, but also contributes to a more comfortable and successful trading experience.

Can I trade with international trading apps in India?

Yes, you can trade with international apps in India, but you need to keep some specifics in mind.

Watch your remittance limit. You can send up to $250.000 each year to trade abroad. Make sure you track how much you're sending because some apps won't warn you when you're about to hit that limit.
Pick an app that simplifies your taxes. Not all apps give you tax reports designed specifically for Indian users. Look for platforms that make it easier to file your taxes without a hassle. Some apps like Interactive Brokers are doing this now.
Stay within the rules. Indian regulators have strict rules on trading with borrowed money in global markets. Choose an app that doesn’t allow risky practices that could get you into trouble with SEBI.
Keep an eye on exchange rates. Some apps have bad currency exchange rates, which can quietly eat into your profits. Find one that gives you better rates or lets you hold money in foreign currency to avoid these losses.
Make sure the app runs smoothly. If you’re trading during busy times, some apps might slow down because of internet issues. Test them during peak hours to make sure they won’t mess up your trades when things get busy.

Try to make trading easy for yourself

To trade Forex effectively, it is important to consider that not all apps offer the same conditions for access to different types of markets. When choosing an app, make sure that it provides access to the currency pairs you plan to trade and consider the liquidity of these instruments. For example, some apps may be better suited for trading exotic currency pairs, while others offer advantages when trading major currencies.

It is also worth paying attention to the ability to use algorithmic trading. Some apps support trading bots or provide an API for integrating your own algorithms. This can make the trading process much easier for those who use automated strategies. Also consider how much the app supports the development and testing of such strategies, so that you do not run into technical limitations.

Finally, pay attention to the availability of risk management tools, such as built-in position calculators, the ability to set complex orders, and historical data analysis. These features will help you better control your risks and make more informed decisions. Even if the app offers all the features you need, make sure you use them as effectively as possible to achieve the best trading results.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Conclusion

Choosing the right trading app in India can have a significant impact on your trading strategy and success in the market. Consider key criteria such as security, functionality, and fees to find the best tool for your needs. It is also important to test apps before making a final choice and to rely on reviews from other users. Using a well-designed and reliable app will allow you to trade more confidently and effectively. Regardless of your level of experience, choosing the right app will be an important step towards achieving your financial goals.

FAQs

What additional features do advanced Forex apps offer for experienced traders?

Advanced apps may offer support for algorithmic trading via API, access to economic calendars and analytical reports, and tools for in-depth technical analytics, such as advanced charts and indicators. These features allow you to more accurately predict market movements and automate your trading strategies.

How to choose a Forex trading app if I use several different devices?

If you use several devices, choose apps that support real-time data synchronization between them. For example, some apps allow you to start a trade on your smartphone and close it on your tablet or computer without losing data, which provides flexibility and convenience in managing trades.

What if the trading app does not support the instruments or currency pairs I need?

If the app does not support the assets you need, it is worth considering using several apps at the same time. For example, you can use one app for basic trading and another for working with exotic currency pairs or specific instruments, giving you access to all the markets you need.

What are the risks of using free Forex apps?

Free apps may have hidden fees, limited functionality, or poor customer support. It is also worth considering that some free apps may monetize by selling your data to third parties, so it is important to carefully review the privacy policy and terms of use before signing up.

Team that worked on the article

Maxim Nechiporenko has been a contributor to Traders Union since 2023. He started his professional career in the media in 2006. He has expertise in finance and investment, and his field of interest covers all aspects of geoeconomics. Maxim provides up-to-date information on trading, cryptocurrencies and other financial instruments. He regularly updates his knowledge to keep abreast of the latest innovations and trends in the market.

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

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).