In India, Forex trading is legal but heavily regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). Indian traders can engage in currency trading only through brokers that are authorized to offer Forex trading services, typically on currency pairs with the Indian Rupee (INR) or in the form of currency futures and options. Below are some of the top Forex trading companies that cater to Indian traders:

1. Zerodha
Regulation: SEBI (Securities and Exchange Board of India)
Trading Platforms: Zerodha Kite
Features:
One of the largest and most popular stock brokers in India.
Provides access to currency trading along with stocks, commodities, and derivatives.
Zero brokerage for currency trading.
Advanced charting tools and research.
Pros:
Low-cost trading.
Simple and user-friendly platform.
Good customer support.
Cons:
Limited advanced Forex tools compared to global Forex brokers.
2. U