India is home to a growing population of retail traders, from professionals in finance to everyday investors, with more and more people exploring the potential of forex trading and gold trading. Amongst this increase in traders, there’s one recurring question: is forex trading legal in India? And if so, how can traders in India access the global financial market? What are the obstacles?

Before we dive into the solution, it’s important to first understand the problem. The Reserve Bank of India (RBI) only allows traders in India to participate in forex markets that include the Indian Rupee (INR). What does that mean? It means that local brokers can only offer a handful of currency pairs, including USD/INR, EUR/INR, GBP/INR, and JPY/INR. So while forex trading is legal in India, it does come with major limitations. This is where international brokers like EC Markets come in as a solution, offering traders in India a way to trade beyond the limitations of Indian Rupee (INR) based currency pairs. 

How EC Markets has unlocked the global financial market for traders in India

EC Markets is a globally regulated trading platform that gives access to the world’s financial markets, far beyond the limitations of local brokers in India. While local brokers in India are restricted to INR-based forex pairs, EC Markets opens the door to 48+ global currency pairs, gold, commodities, indices, cryptocurrencies, and stocks, all from a single account. This broad selection means that traders in India are no longer confined by local limits and can fully engage with global financial markets. So if you’re curious about how to trade forex in India, EC Markets offers great solutions to international forex trading..

How EC Markets transforms trading opportunities for traders in India:

• Access to 48 global currency pairs, including EUR/USD, GBP/USD, USD/JPY, and more, not just INR pairs
  
• INR supported deposits, so traders in India can fund their accounts easily in their local currency
  
• Minimum deposit of just $10, making the platform accessible for everyone, even to new traders
  
• Swap-free accounts are available, helping traders avoid overnight charges on certain strategies
  

Traders in India are looking for regulated, trustworthy international brokers. EC Markets holds seven world renowned licenses, including FSC, FCA, SCA, FSCA, ASIC, FMA and FSA. This strong reputation for compliance makes EC Markets the top choice for anyone seeking reliable and efficient access to international markets.

Beyond their renowned licenses, EC Markets also offers some of the most competitive trading conditions available in today’s market. With tight spreads starting from 26 to 29 pips on gold, as well as excellent opportunities with advanced gold trading charts and analysis tools. To enhance flexibility and potential returns, EC Markets also offers leverage up to 1:1000, so traders have the ability to control larger positions with lower capital.

To accommodate a wide range of trading strategies and different experience levels, EC Markets provides multiple account types, including PRO, ECN, and STANDARD accounts. Each account is designed to suit different trading styles and experience levels, so whether you’re a beginner figuring out how to start trading or a professional, EC Markets offers fast execution and low commissions to help traders maximize their profit potential. 

Complementing these trading advantages is EC Markets’ commitment to convenience and accessibility for all traders in India, by understanding the importance of local funding methods. EC Markets accepts deposits in Indian Rupees (INR) with a low minimum funding amount of just $10. Withdrawals are fast, generally within 2 hours, and can be made via multiple withdrawal methods like bank transfers, international wire, and digital wallets. Swap-free accounts are also available for traders who prefer Islamic compliant trading options.

What is Forex trading and why are traders in India looking for more currency pair options?

Forex trading involves buying one currency and selling another, with the end goal of making profits from changes in their exchange rate. Globally, it’s the largest and most liquid financial market, but in India, traders are restricted from participating in the whole market.

Even though forex trading in India is allowed exclusively with INR pairs, many traders are looking to access major currency pairs like EUR/USD, which dominate global forex volumes. This demand for how to trade forex in India beyond the local constraints is exactly what makes EC Markets so valuable to traders in India, offering traders a legal and efficient route to international trading via globally recognized platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Gold trading in India with EC Markets

For years, Gold has been a preferred asset for savings and investment in India. But now, with the rise of online trading, what is gold trading in today’s age? It’s no longer about buying physical gold, with platforms like EC Markets, traders can now speculate on the price of gold digitally by using contracts like XAU/USD.

Trading gold is ideal for traders in India, especially with offering from EC Markets:

• tight spreads on gold (as low as 26–28 pips)
  
• ultra-fast execution, perfect for scalping
  
• leverage up to 1:1000, giving traders more exposure with less capital
  
• professional gold trading charts via the MT4/MT5
  

So whether you’re a long term investor or a day trader, EC Markets makes gold trading in India more flexible and accessible than ever before.

Why traders in India are choosing EC Markets over local brokers

When you compare EC Markets with local brokers, the benefits are undeniable:

In short, EC Markets has proven to fill every gap that traders in India are currently facing, from limited access to global instruments to a lack of professional tools and leverage. The EC Markets platform is built for traders in India who are tired of constraints and are ready for global opportunities.

EC Markets is built for India’s Gold & Forex traders

Local rules and restrictions have held traders in India back, until now. EC Markets solves the exact challenges faced by gold and forex traders in India. With RBI restrictions limiting domestic trading to INR based forex pairs, most traders in India have looked for ways to access broader international opportunities, and EC Markets delivers exactly that, a global gateway that is fully accessible from India. With 48 forex currency pairs available on the EC Markets platform, including major instruments like USD/JPY, EUR/USD, and GBP/USD, traders in India are no longer restricted to local pairs, opening the door to more diverse and strategic trading opportunities, all from one platform.

But it doesn’t stop at forex. With Indian traders’ deep rooted interests in gold trading, EC Markets responded with tight gold spreads (as low as 26 pips), fast execution, and access to professional gold trading charts and tools.

With EC Markets offering INR deposit support, access to 48 currency pairs, tight gold spreads, leverage up to 1:1000 and professional gold trading charts, the platform delivers everything that traders in India need to succeed in the global financial markets, beyond the borders.