LHFX
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Check out the top brokers available in India that are perfect for beginners.
For traders in India who are just starting out, the FXStreet Team highlights LHFX as a notable broker in 2026. It offers a low barrier to entry, beginner-friendly account structure and fast withdrawals. Moneta Markets is also featured for its structured educational resources, while TradingPRO offers a diverse range of account types that support progression as trading experience grows.
Which account options are available at the best brokers for new traders in India?
Across this selection of brokers, the available account types reflect how each firm structures its trading accounts in India. These beginner-friendly brokers offer different account types that define the options new traders can open. Use the table below to compare them across the 5 brokers.
The table shows that each broker in this selection offers a distinct set of live account types. LHFX lists a single STP/ECN Account, while Moneta Markets offers three options: Direct STP, Prime ECN, and Ultra ECN. TradingPRO lists Rookie Account, Micro Account, Pro Account, and ScalpX Account. OQtima offers OQtima ECN+ and OQtima ONE. Finally, PrimeXBT features PXTrader 2.0, MT5 Standard, MT5 ZeroStop, and MT5 Pro. For beginners, the so-called standard accounts are usually the best option because they tend to keep the structure of costs simple, with all costs per trade built into the spread. Other options may offer tighter spreads, but these are coupled with separate commissions that can be confusing for new traders and eventually increase overall costs.
How well-regulated are the best brokers for new traders in India?
All brokers in this selection are regulated by at least one international entity that is presented alongside each broker’s name. This allows compliance to be viewed directly in terms of formal regulation. The table below breaks down regulation for each broker.
LHFX and TradingPRO share the same combination of FSCA (South Africa) and FSC (Mauritius), while OQtima lists FSA (Seychelles) only. Moneta Markets combines FCA (United Kingdom), FSCA (South Africa), FSA (Seychelles), and FSC (Mauritius), and PrimeXBT shows FSCA (South Africa), FSA (Seychelles), and FSC (Mauritius). Note: Most international (offshore) brokers available for Indian residents aren’t authorized or regulated by Indian authorities. Using unauthorized offshore brokers for margin trading or non-INR currency pairs violates the Foreign Exchange Management Act, making it a punishable offense.
Which platforms are available at the best brokers for new traders in India?
Across this selection of brokers, the focus is on the trading platforms they support for clients in India. These beginner-friendly brokers offer different platform setups, which are listed under the trading platforms column for each firm. Use the table below to compare the 5 brokers.
Data in the table shows that all five brokers support at least one well-known MetaTrader platform. LHFX offers MetaTrader 5 (MT5) only, while Moneta Markets, TradingPRO, and OQtima all provide both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). PrimeXBT pairs MT5 with TradingView, its proprietary PXTrader 2.0, and mobile and web platforms. Moneta Markets also adds its proprietary platforms ProTrader and AppTrader to its offering. Moneta. OQTima and PrimeXBT also highlight different versions of the main MetaTrader setups.
Which funding options are available at the top brokers for beginners in India?
Looking at funding across these brokers, the focus is on how each one supports different payment methods for beginners in India. The brokers featured here offer varying sets of payment methods that can be used to fund and withdraw from trading accounts. Use the table below to compare the payment methods.
The table shows that all five brokers support multiple electronic payment methods for funding and withdrawals. LHFX combines cards such as Visa and Mastercard with Skrill, Neteller, Apple Pay, Google Pay, Bitcoin, USDT, and other cryptocurrencies. Moneta Markets, TradingPRO, OQtima and PrimeXBT (this broker offers the broadest mix) all include Visa and Mastercard alongside various mixes of bank transfers, local bank options, QR-based payments, and e-wallets like Skrill, Neteller, FasaPay, SticPay, and several regional solutions.
LHFX
LHFX
| Regulated by | FSCA, FSC |
| Currencies accepted for deposits/withdrawals | EUR, USD, GBP, BTC |
| Trading platforms allowed | MetaTrader 5 (MT5) |
| Customer service languages available | Arabic, English, French, Portuguese, Spanish |
Moneta Markets
Moneta Markets
| Regulated by | FCA, FSCA, FSA, FSC |
| Currencies accepted for deposits/withdrawals | CAD, CHF, EUR, GBP, JPY, NZD, USD, BRL, HKD, SGD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader, Web Platform, Mobile App, ProTrader, AppTrader |
| Customer service languages available | Arabic, Cantonese, Chinese (Traditional), Chinese (Simplified), English, German, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Persian (Farsi), Spanish, Turkish, Thai, Vietnamese |
TradingPRO
TradingPRO
| Regulated by | FSCA, FSC |
| Currencies accepted for deposits/withdrawals | USD, AUD, CAD, CHF, EUR, GBP, JPY, NXD, SGD, TRY, ZAR, CNY, SEK, NOK, CNH, HKD, PLN, THB |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Prop Firm (TradingPLUS) |
| Customer service languages available | English, Indonesian, Vietnamese, Arabic, Filipino (Tagalog), Chinese (Simplified), French, German, Japanese, Malay, Thai, Tamil, Spanish |
OQtima
OQtima
| Regulated by | FSA |
| Currencies accepted for deposits/withdrawals | CAD, EUR, GBP, JPY, USD, SGD |
| Trading platforms allowed | MetaTrader 4 (MT4), MetaTrader 5 (MT5), MT4 WebTerminal, MT5 WebTrader |
| Customer service languages available | Arabic, Chinese (Simplified), Chinese (Traditional), English, French, Indonesian, Italian, Japanese, Malay, Portuguese, Spanish, Thai, Vietnamese |
PrimeXBT
PrimeXBT
| Regulated by | FSCA, FSA, FSC |
| Currencies accepted for deposits/withdrawals | USD, USDT, BTC, ETH, ZAR |
| Trading platforms allowed | MetaTrader 5 (MT5), MT5 WebTrader, TradingView, Mobile App, Web Platform, PXTrader 2.0 |
| Customer service languages available | Arabic, English, Spanish, French, German, Portuguese, Indonesian, Chinese (Traditional), Chinese (Simplified), Japanese, Korean, Bengali, Russian, Thai, Urdu, Vietnamese |
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Our Editorial Process
Our editorial team personally tests each broker with real accounts. We evaluate spreads, execution speed, customer support, and withdrawal times over a 3-month period. Every broker on this list has been independently verified by at least two members of our research team to ensure accuracy and fairness in our recommendations.