Best Day Trading Platforms and Brokers in India 2025
The best day trading brokers in India offer user-friendly platforms with strong charting tools, low fees, reliable execution and margin trading.
They also cater to day traders in India by providing accounts in a convenient currency, such as the Indian Rupee (INR), are authorized by a trusted regulator such as the Securities and Exchange Board of India (SEBI), and provide access to popular markets like the Bombay Stock Exchange (BSE).
Discover the top brokers for day trading in India. Every platform we recommend accepts traders from India, though you may need to sign up with a global brokerage to use popular day trading products like contracts for difference (CFDs).
Top 6 Platforms For Day Trading In India
Our experts have evaluated 224 online brokers and our hands-on tests show that these are the 6 best day trading platforms in India:
This is why we think these brokers are the best in this category in 2025:
- IC Markets - IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
- Exness - Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.
- RoboForex - RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
- AvaTrade - Established in 2006, AvaTrade is a leading forex and CFD broker trusted by over 400,000 traders. Operating under regulation in 9 jurisdictions, AvaTrade processes an impressive 2+ million trades each month. Through like MT4, MT5, and its proprietary WebTrader, the broker provides a growing selection of 1,250+ instruments. Whether it’s CFDs, AvaOptions, or the more recent AvaFutures, short-term traders at all levels will find opportunities. With terrific education and 24/5 multilingual customer support, AvaTrade delivers the complete trading experience.
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
- XM - XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
Best Day Trading Platforms and Brokers in India 2025 Comparison
| Broker | INR Account | Minimum Deposit | Markets | Platforms | Leverage |
|---|---|---|---|---|---|
| IC Markets | - | $200 | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower | 1:1000 |
| Exness | ✔ | $10 | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | 1:Unlimited |
| RoboForex | - | $10 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | R StocksTrader, MT4, MT5, TradingView | 1:2000 |
| AvaTrade | - | $100 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | 1:30 (Retail) 1:400 (Pro) |
| Deriv | - | $5 | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView | 1:1000 |
| XM | - | $5 | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | 1:1000 |
IC Markets
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
Christian Harris, Reviewer
IC Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Regulator | ASIC, CySEC, FSA, CMA |
| Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
Pros
- You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
- IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
- IC Markets secured DayTrading.com's 'Best MT4/MT5 Broker' in 2025 for its seamless, industry-leading MetaTrader integration, refined over years to maximize the platform experience.
Cons
- While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
- The breadth and depth of tutorials, webinars and educational resources still need work, trailing alternatives like CMC Markets and reducing its suitability for beginners.
Exness
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."
Exness Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Regulator | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Platforms | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:Unlimited |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
Pros
- Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze.
- Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders.
- Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy.
Cons
- Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds
- Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers.
- Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders.
RoboForex
"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."
RoboForex Quick Facts
| Bonus Offer | $30 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures |
| Regulator | IFSC |
| Platforms | R StocksTrader, MT4, MT5, TradingView |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR |
Pros
- RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.
- RoboForex secured the 'Best Forex Broker 2025' title in DayTrading.com's Awards after broadening their FX offering, cutting spreads and opening up services in various countries.
- The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
Cons
- While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
- RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account.
- Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
AvaTrade
"AvaTrade offers active traders everything they need: an intuitive WebTrader, powerful AvaProtect risk management, a smooth 5-minute sign-up process, and dependable support you can rely on in fast-moving markets."
AvaTrade Quick Facts
| Bonus Offer | 20% Welcome Bonus up to $10,000 |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM |
| Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail) 1:400 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD |
Pros
- Support at AvaTrade performed excellently during testing, with response times of 3 minutes and localized support in major trading jurisdictions, including the UK, Europe and the Middle East.
- AvaTrade launched AvaFutures to offer low-margin access to global markets, then expanded further in 2025 as one of the first brokers to add CME’s Micro Grain Futures - financially settled contracts at 1/10th the size of standard contracts for key commodities like corn, wheat, and soybeans.
- Years on, AvaTrade remains one of the few brokers offering a bespoke risk management tool, AvaProtect, that insures losses up to $1M for a fee and is easy to activate on the platform.
Cons
- AvaTrade’s WebTrader has improved, but work is still needed in terms of customizability – frustratingly widgets like market watch and watchlists can’t be hidden, moved, or resized.
- The AvaSocial app is good but not great – the look and feel, plus the navigation between finding strategy providers and account management needs upgrading to rival category leaders like eToro.
- While signing up is a breeze, AvaTrade lacks an ECN account like Pepperstone or IC Markets, which provides the raw spreads and ultra-fast execution many day traders are looking for.
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
Pros
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
- Account funding is a breeze with a very low minimum deposit of $5 and a huge selection of payment options, plus Tether was added to the cashier in 2023.
- After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
Cons
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Bonus Offer | $30 No Deposit Bonus When You Register A Real Account |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | ASIC, CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY |
Pros
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
- XM’s customer support has delivered over years of testing, with 24/5 assistance in 25 languages, response times of <2 minutes and now a growing Telegram channel.
- XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
Cons
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
- XM is falling behind the curve by not offering cTrader and TradingView which are increasingly being favored over MetaTrader for their smoother user experience and superior charting packages.
- Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach.
How To Choose A Day Trading Broker In India
Our many years in the day trading industry have taught us that there are several key factors to consider when selecting a broker:
Regulation and Trust
Always choose a day trading platform that can be trusted.
This will help protect you from unfair trading practices and even fraud. Choosing a trusted brokerage is particularly important given that India has been home to some high-profile scams over the years.
One notable example is ‘finfluencer’ and owner of ‘Baap of Chart’, Nasiruddin Ansari, who was found by the SEBI to have misled retail investors on social media that they could earn monthly returns of up to Rs 6,00,000 by following his stock recommendations.
That’s why we always check that day trading brokers are licensed by a trusted regulator, such as the Securities and Exchange Board of India (SEBI). That said, the SEBI does not authorize Indian brokers to offer popular short-term trading derivatives like CFDs.
As a result, we also recommend global brokers that accept Indian day traders whom we trust, an evaluation we routinely make by weighing the strength of their regulatory credentials, their track record, and their reputation in the industry. If you do go down this route, it’s important to adhere to the SEBI’s regulations and tax rules in India.
The SEBI has the authority to ban Indian brokers from offering online trading. I recommend checking that a platform hasn’t been blacklisted before you open an account.
- IG maintains its position as one of the most respected brokers that accepts Indian day traders. It has over 50 years of experience and authorization from a long row of tier-one regulators. We’ve also traded at this broker using real money and found it offers the full package for day traders.
Day Trading Fees
Pick a day trading broker with low trading and non-trading fees.
This is especially important for day traders for whom a high volume of trades and associated transaction costs can cut into profits.
We recommend Indian day trading brokers with competitive pricing, an assessment we make by weighing the spreads on popular assets such as the USD/INR, and any non-trading costs like deposit/withdrawal charges with the quality of the broker’s trading tools and overall offering.
- CMC Markets offers excellent pricing for active day traders, especially if you want to speculate on currencies with spreads from 0.5 pips. There are also no fees for deposits and withdrawals.
Charting Platforms and Apps
Opt for a day trading platform that is easy to use with tools to help you find opportunities.
For day traders, in particular, paying attention to charting features is important, as many intraday traders rely on technical analysis.
Advanced traders may need dozens of sophisticated indicators, but beginners should look out for key indicators like the Relative Strength Index, Stochastic Oscillator, and Bollinger Bands.
Our experts rate the day trading platforms, trading apps and tools provided as part of our exhaustive review process. We personally test the software to make sure it offers an excellent user experience with the charting tools day traders of all levels need.
- IC Markets really excels here with three of the best third-party platforms for day trading: MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader. Accessible via desktop, web browser and mobile apps, they offer first-rate charting packages and support algo trading.
Tradable Assets
Select a day trading broker that provides access to the markets you want to speculate on.
For Indian day traders, in particular, access to popular stock markets like the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) may be important. Equally, you may want to make short-term trades on the Indian Rupee.
The day trading brokers we recommend for Indian residents provide opportunities on a range of asset classes, often including stocks, forex, commodities, indices, and crypto.
Many also offer products specifically designed for short-term trading, such as contracts for difference (CFDs), which allow you to go long or short in the same product without owning the underlying asset.
Importantly, you can’t easily find Indian-regulated CFD brokers, so you may need to consider an international brokerage that offers these derivatives, though you may receive fewer legal protections.
- Interactive Brokers offers an almost unrivalled selection of instruments with access to 150 markets, including the National Stock Exchange of India.
Execution Speed and Quality
Open an account with an Indian day trading broker with fast and reliable order execution.
Opting for a brokerage that prioritizes swift execution is paramount for day trading strategies. Any lag in executing orders may result in missed trading opportunities or sub-optimal prices.
Moreover, the quality of execution plays a pivotal role, taking into account elements such as speed, pricing, and the likelihood of successful execution.
We favor day trading platforms in India that provide rapid and dependable execution, basing our assessment on a thorough review of execution policies and consideration of average execution speeds where we can source data.
- Pepperstone stands out here, with execution speeds as fast as 30 milliseconds, catering to ultra-short-term strategies like scalping and the use of Expert Advisors (EAs).
Leverage and Margin Requirements
Sign up with a day trading broker that offers leverage with clear margin requirements.
Selecting a brokerage that offers leverage trading is a crucial factor for many day traders, as it has the potential to amplify earnings by allowing the management of more substantial positions with less capital.
For example, your day trading platform may offer you 1:5 leverage on Indian stocks, meaning that if you put down 1000 Rupees, you can open a position worth 5000 Rupees (5 x 1000).
Nevertheless, this also heightens the potential for increased losses, making it imperative for beginners to exercise caution.
Proficient risk management is essential, coupled with a thorough understanding of your broker’s margin requirements, which dictate the minimum capital necessary.
- AvaTrade offers leverage trading with transparent margin requirements, however where it stands out is its unique AvaProtect risk management tool which allows you to get your money back on losing trades up to $1,000,000.
Minimum Account Deposit
Choose a day trading platform with an accessible deposit based on your financial situation.
This is particularly important for beginners, who may have limited trading capital. While many top day trading platforms that accept Indian traders have a minimum deposit of 20,000 Rupees or less, some even have no minimum deposit, catering to budget traders.
- Interactive Brokers is a great pick here as it supports INR as an account currency and has an accessible starting deposit of $100 or INR equivalent.
Methodology
To find the best platforms for day trading in India we looked at quantitative data and qualitative insights gathered during our exhaustive broker reviews, prioritizing several factors:
- We confirmed the firm is regulated by the SEBI or a respected international body
- We evaluated the fees you will incur making day trades
- We tried the platform and/or app to check it’s suitable for short-term strategies
- We compared the assets available for day trading, including Indian markets
- We investigated the speed and quality of order executions
- We looked at support for leveraged trading and margin requirements
- We verified the minimum deposit required to start day trading in India
Bottom Line
Using our list of the best day trading brokers in India is a great way to find the right platform for your needs – we’ve done the hard work for you – testing, evaluating and rating firms.
If you are still unsure which brokerage to use, you can also explore their day trading platforms using a demo account first.
FAQ
What Is Day Trading?
Day trading is the practice of buying and selling financial instruments, such as shares on the National Stock Exchange of India, within a single trading day, with individuals aiming to capitalize on short-term fluctuations in prices.
Is Day Trading Allowed In India?
Retail investors are allowed day trade in India, though restrictions exist for institutional investors.
Indian day trading brokers may, however, have their own rules that you need to follow, especially around the use of margin trading.
It’s also worth keeping in mind that trading on Indian stock markets takes place between 9:15 am and 3:30 pm (IST), Monday to Friday. If you are intraday trading, you will probably want to make sure you have closed your positions by the end of the trading session.
Is Day Trading In India Safe?
Day trading in India, like elsewhere in the world, is risky. Many retail investors lose money, so only risk what you can afford to lose.
We also recommend making use of demo accounts to develop your day trading strategy and risk management plan before risking real funds.
Which Brokers Do Indian Day Traders Use?
The number of day trading brokers based in India and regulated by the country’s Securities and Exchange Board of India (SEBI) or Reserve Bank of India (RBI) is limited.
As a result, many Indian traders choose to open accounts with international brokers that offer products suitable for short-term trading, as there are hundreds to choose from.
However, local traders should be aware that choosing a brokerage based and regulated outside of India may limit your recourse options in the event of any issues. Additionally, make sure you continue to follow your local tax rules.
How Much Money Do I Need To Day Trade In India?
Most platforms accepting day traders in India require an initial investment of 20,000 Rupees or less. That said, some brokerages, such as Pepperstone, have no minimum deposit.
We recommend that beginners, in particular, only trade in small amounts until they build their confidence and develop an effective day trading strategy.
Recommended Reading
Article Sources
- Securities and Exchange Board of India (SEBI)
- Reserve Bank of India (RBI)
- National Stock Exchange of India (NSE)
- Bombay Stock Exchange (BSE)
- BAAP of Chart Indian Trading Scam - India Today
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