Forex trading in India is primarily limited to trading currency futures and options on exchanges like the National Stock Exchange (NSE) and MCX-SX, due to regulations by the Securities and Exchange Board of India (SEBI). Retail traders in India are not allowed to participate in the spot forex market, but they can trade currency derivatives through licensed brokers and trading companies. Here’s a list of the top Forex trading companies in India that offer access to currency futures and options:

1. Zerodha
Regulation: SEBI Registered
Trading Platforms: Zerodha Kite, Zerodha Streak
Leverage: Up to 1:10 for currency futures and options
Overview: Zerodha is one of the largest and most trusted discount brokers in India. It provides access to currency futures and options trading through its easy-to-use Kite platform, known for low brokerage charges and real-time data.
Key Features:
Low-cost trading, with minimal brokerage fees.
User-friendly Kite platform