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Author Topic: Brokers for indians  (Read 11632 times)

Offline andichamyga

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  • Posts: 1
Brokers for indians
« on: April 04, 2017, 07:49:11 AM »
Hi fellow traders,

I'm new here. Just registered in this forum and this is my first post. I'm in need of a suggestion from you guys.

Currently I'm living in USA and have an account opened in TradeKing. But I wanted to know If there's any international brokers who accept clients from India ? If anyone from India is having an account in any international broker, then what is your experience ? How was the deposit and withdraw process and how easy was that ?

Also I wanted to know If I can deposit money from a US bank account directly to the broker where I can open the account with India documents. The leverage and FIFO rules are the main reasons why I'm searching for the international brokers.

Thanks in advance and good luck & green pips to everyone.

Thanks.

Offline Armando

  • Jr. Member
  • **
  • Posts: 34
Re: Brokers for indians
« Reply #1 on: August 27, 2017, 08:23:05 AM »
From India, you can easily trade with IMMFX broker. I know some fellow traders who trade with this broker from India. I am trading with IMMFX broker for almost last one year. A very good broker. Instant execution. Excellent customer care service. Variety of methods for deposit & withdrawals. I never had any problem with this broker in my whole trading period with them. IMMFX is one of the best broker I've experienced so far. They are transparent and they don't re-quote.

Offline Paul.Trafford

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  • Posts: 428
Re: Brokers for indians
« Reply #2 on: September 19, 2017, 10:54:49 AM »
I believe if you google you will find lot's of brokers who are accepting Indians. Before choosing one, please check regulations and feedback that you can find online. Wish you luck mate, Cheers

Offline Trunk

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  • ***
  • Posts: 237
Re: Brokers for indians
« Reply #3 on: October 16, 2017, 08:12:59 AM »
Hi fellow traders,

I'm new here. Just registered in this forum and this is my first post. I'm in need of a suggestion from you guys.

Currently I'm living in USA and have an account opened in TradeKing. But I wanted to know If there's any international brokers who accept clients from India ? If anyone from India is having an account in any international broker, then what is your experience ? How was the deposit and withdraw process and how easy was that ?

Also I wanted to know If I can deposit money from a US bank account directly to the broker where I can open the account with India documents. The leverage and FIFO rules are the main reasons why I'm searching for the international brokers.

Thanks in advance and good luck & green pips to everyone.

Thanks.


US residents are not allowed to trade with international brokers which don't possess US license. Still there may be option for you, but to avoid confusion it's better to get first-hand information from the broker support. Get in touch with Oanda, Hotforex or Tickmill support these are most likely to arrange something for you.

Offline donalduck

  • Full Member
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  • Posts: 218
Re: Brokers for indians
« Reply #4 on: October 17, 2017, 08:30:36 AM »
if Forex is not prohibited in India, I think you can trade with many brokers, just  choose top brands as HotForex, Exness, IC Markets. But I myself suggest LMFX as a good choice for you, this broker is prompt in every aspect.

Offline drunkfx

  • Sr. Member
  • ****
  • Posts: 728
Re: Brokers for indians
« Reply #5 on: October 29, 2017, 05:22:29 PM »
Hi fellow traders,

I'm new here. Just registered in this forum and this is my first post. I'm in need of a suggestion from you guys.

Currently I'm living in USA and have an account opened in TradeKing. But I wanted to know If there's any international brokers who accept clients from India ? If anyone from India is having an account in any international broker, then what is your experience ? How was the deposit and withdraw process and how easy was that ?

Also I wanted to know If I can deposit money from a US bank account directly to the broker where I can open the account with India documents. The leverage and FIFO rules are the main reasons why I'm searching for the international brokers.

Thanks in advance and good luck & green pips to everyone.

Thanks.


US residents are not allowed to trade with international brokers which don't possess US license. Still there may be option for you, but to avoid confusion it's better to get first-hand information from the broker support. Get in touch with Oanda, Hotforex or Tickmill support these are most likely to arrange something for you.


So have you chosen any of these brokers? I know its a hard choice but trusted forex trading vendors do really exist.

Offline uber

  • Newbie
  • *
  • Posts: 4
    • Forex Trading
Re: Brokers for indians
« Reply #6 on: November 23, 2017, 11:16:43 AM »
Who can confirm if there is any Forex broker registered in India and has proof of address? I am in need of this information

Offline JuanG

  • Jr. Member
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  • Posts: 13
  • All is possible
    • Forex market
Re: Brokers for indians
« Reply #7 on: December 04, 2017, 03:59:34 AM »
The forex trading india it is allowed and an international broker ecn is https://alpari.com/en/ and the others mentioned above. An important aspect is the regulations of each broker
« Last Edit: December 04, 2017, 04:01:28 AM by JuanG »

Offline Trunk

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  • Posts: 237
Re: Brokers for indians
« Reply #8 on: December 06, 2017, 05:44:14 PM »
The forex trading india it is allowed and an international broker ecn is https://alpari.com/en/ and the others mentioned above. An important aspect is the regulations of each broker


I heard Indian traders experience problems depositing money to brokers abroad did they managed to get around this issue, because I think the country takes away a chance for financial freedom for their citizens.

Offline Super Andrew

  • Jr. Member
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  • Posts: 33
Re: Brokers for indians
« Reply #9 on: December 06, 2017, 05:47:06 PM »
The forex trading india it is allowed and an international broker ecn is https://alpari.com/en/ and the others mentioned above. An important aspect is the regulations of each broker


I heard Indian traders experience problems depositing money to brokers abroad did they managed to get around this issue, because I think the country takes away a chance for financial freedom for their citizens.

I think using PayPal can help to avoid this issue.
PayPal uses ACH principle.
Is PP allowed in India?

Offline Trunk

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  • Posts: 237
Re: Brokers for indians
« Reply #10 on: December 12, 2017, 02:55:09 PM »
I think yes, but too much fraud comes from there. Hacked accounts, laundering etc. You have to be especially careful using paypal for depositing or withdrawing from forex brokers (if you can find any)

Offline JohnyIve

  • Jr. Member
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  • Posts: 45
  • Carpe Diem.
Re: Brokers for indians
« Reply #11 on: April 05, 2018, 05:34:10 AM »
I heard about Zerohda and Wisdom Capital. To tell the truth i've never traded with these brokers but i heard exactly they are best for Indian :)

 

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