Which is the best platform to trade forex in India?

In India, popular and highly-rated platforms include Zerodha, Groww, and Angel One.

Zerodha Kite is a strong all-around choice for its comprehensive features and reliability, while Dhan and Upstox cater to more active traders. 

• Zerodha Kite: Best for Seasoned traders who want maximum control over their trades.
• Options Trader by Dhan: Best for Dedicated and active F&O traders looking for a fast, modern, and disciplined trading experience.
• Angel One: Best for Beginners who want a full-service experience with advisory and research support.
• Upstox Pro: Best for Active, tech-savvy traders and scalpers who prioritise fast execution and advanced tools.

Top platforms for legal trading in India

For residents of India, legal forex trading is limited to currency pairs involving the Indian Rupee (INR) and must be done through SEBI-registered domestic brokers.

• Zerodha Kite: India's largest discount broker, offering low fees and advanced charting for trading INR pairs.
• ICICI Direct: A trusted platform from ICICI Bank with strong bank integration and research tools.
• HDFC Securities: A reliable bank-based broker with a focus on research and a solid mobile app.
• Angel One: Offers a user-friendly platform with advisory services and a flat brokerage fee structure.
• Upstox: A popular choice for new traders, known for its simple interface and transparent pricing.
• Kotak Securities: Provides a robust trading platform with solid research and seamless banking integration.
• 5Paisa: A low-cost option ideal for budget-conscious traders.
• IIFL Securities: Known for its reliable platform and flat brokerage fees.
• Sharekhan: Offers advanced tools and strong advisory services for technical and fundamental analysis.
• Motilal Oswal: Excels in market research and customer support, though with potentially higher fees. "

For beginners in India, the best platforms for trading are Groww and Angel One due to their user-friendly interfaces, zero brokerage for equity delivery, and accessible educational content.