Best Forex Brokers India with Low Deposit 2026
Top forex brokers accepting Indian traders with low minimum deposits from ₹280. UPI support, instant withdrawals, and reliable platforms.
Written by
Emily Watson
Fact Checked by
David Okonjo
Top 10 Low Deposit Forex Brokers for Indian Traders
India has a growing forex trading community seeking accessible brokers with low entry barriers. We've identified brokers offering deposits as low as ₹280-500, accepting Indian payment methods like UPI, Paytm, and PhonePe, and providing INR account options. These brokers combine low minimum deposits with reliable international regulation and competitive trading conditions.
What is the minimum deposit for forex trading in India?
Many brokers accept Indian traders with deposits as low as ₹85-500. Exness, HFM, and Pepperstone offer zero minimum deposits. FBS accepts just ₹85 (~$1), while XM and Deriv accept ₹280 (~$5).
Low Deposit Requirements
Compare minimum deposits and accessibility for Indian traders.
| Broker | ||
|---|---|---|
| Exness | ₹0 | |
| XM | ₹280 | |
| HFM | ₹0 | |
| FXTM | ₹560 | |
| RoboForex | ₹560 | – |
| AvaTrade | ₹8,400 | – |
| OctaFX | ₹840 | |
| FBS | ₹85 | |
| Pepperstone | ₹0 | – |
| IC Markets | ₹16,800 | – |
Detailed Broker Analysis
Zero minimum with UPI, Paytm, PhonePe support.
Exness is perfect for Indian traders with zero minimum deposit and full UPI, Paytm, and PhonePe support. Instant withdrawals and spreads from 0.0 pips.
Best education with ₹280 minimum.
XM offers excellent educational resources including webinars and courses. ₹280 minimum deposit with UPI support and 24/5 customer support.
Zero minimum deposit with copy trading.
HFM offers zero minimum deposit with HFCopy social trading. UPI support and FSCA regulation provide additional assurance for Indian traders.
FSCA-regulated with strong education.
FXTM offers excellent educational resources and copy trading via FXTM Invest. ₹560 minimum makes trading accessible for Indian beginners.
Popular in India with UPI and Paytm.
OctaFX is popular among Indian traders with UPI, Paytm, and PhonePe support. Instant deposits and withdrawals with no commission trading.
Ultra-low ₹85 minimum deposit.
FBS offers one of the lowest minimums at just ₹85 (about $1). High leverage up to 1:3000 and cent accounts for micro-trading.
High leverage with instant withdrawals.
RoboForex offers ₹560 minimum with high leverage up to 1:2000. Instant withdrawals and CopyFX social trading available.
Pro-grade execution with zero minimum.
Pepperstone offers zero minimum deposit with institutional-grade execution. Spreads from 0.0 pips on Razor accounts.
Multi-regulated with excellent education.
AvaTrade offers comprehensive education and multi-regulation. Higher minimum but excellent for traders ready to learn properly.
Best for scalping with true ECN.
IC Markets offers true ECN execution with spreads from 0.0 pips. Higher minimum but excellent for experienced scalpers.
Frequently Asked Questions
Top Forex Brokers India with Low Deposit
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January 2026