Best Bombay Stock Exchange Brokers 2025
Discover the best brokers with access to the Bombay Stock Exchange (BSE) following our rigorous hands-on testing.
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1Founded in 2009, Vantage provides trading on over 1000 CFD products to more than 900,000 customers. Forex CFDs can be traded from 0.0 pips on the RAW account using TradingView, MT4 or MT5. Vantage is regulated by ASIC and keeps client funds separate. The company also offers a variety of social trading tools for those interested in copy trading.
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2Founded in 2002 in Poland, XTB now serves over 1 million clients. This forex and CFD broker offers a regulated trading environment with a wide range of assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with excellent tools for aspiring traders.
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3Admirals is a regulated broker that allows trading in a variety of leveraged instruments such as forex, stocks, indices, ETFs, commodities, and cryptocurrencies. It offers the MetaTrader 4, MetaTrader 5, and TradingCentral platforms. Offering both spread betting and CFDs, and with thousands of instruments to choose from, Admirals offers greater flexibility compared to other brokers.
Compare Brokers
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $50 | 0.01 Lots | 1:500 | ✓ | FCA, ASIC, FSCA, VFSC | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Spread betting | ProTrader, MT4, MT5, TradingView, DupliTrade | USD, EUR, GBP, CAD, AUD, NZD, JPY, HKD, SGD, PLN | Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $0 | 0.01 Lots | 1:30 (EU) 1:500 (Global) | ✗ | FCA, CySEC, KNF, DFSA, FSC, SCA, Bappebti | CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs | xStation | USD, EUR, PLN | Open API | ✗ | ✓ | |
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✓ | ✓ | $100 | 0.01 Lots | 1:30 (EU), 1:500 (Global) | ✗ | FCA, CySEC, ASIC, JSC, CMA, CIRO, AFM | Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds, spread betting | MT4, MT5, TradingCentral | USD, EUR, GBP, SEK, CHF, CZK | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
Safety Comparison
Compare how safe the Best Bombay Stock Exchange Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✓ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Bombay Stock Exchange Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✓ | ||
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✓ | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Bombay Stock Exchange Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $50 | 0.01 Lots | ✗ | ✓ | ||
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✓ | $0 | 0.01 Lots | ✓ | ✗ | ||
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✓ | $100 | 0.01 Lots | ✓ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Bombay Stock Exchange Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
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Open API | ✗ | ✗ | ✗ | ✓ | 1:30 (EU) 1:500 (Global) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✗ | ✓ | 1:30 (EU), 1:500 (Global) | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Bombay Stock Exchange Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✓ | ✓ | ✗ | ✓ | ✓ | ✗ | ✗ |
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✓ | USD: 2%, GBP: 4.5%, EUR: 1.25% | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Bombay Stock Exchange Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Bombay Stock Exchange Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 0.01 | 0.0 | Floating | |
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✗ | $0 | 0.2% | 1.0 | 0.22% | |
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✗ | $10 | 0.5 | 0.6 | 1% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Bombay Stock Exchange Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| Vantage |
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| XTB |
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| Admiral Markets |
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Why Trade With Vantage?
Vantage is a solid choice for CFD traders looking for a strictly-controlled broker that offers the dependable MetaTrader platforms. The registration process is swift and there’s a $50 minimum deposit, making it easy for traders to start quickly.
Pros
- Vantage has enhanced its algorithmic trading tools by introducing AutoFibo EA. This feature allows proficient traders to detect potential reversals in the market.
- Vantage has a high trust score due to its impressive reputation and robust regulations from FCA and ASIC.
- Opening a live trading account is a swift and straightforward process that takes less than 5 minutes.
Cons
- Unfortunately, some customers may have to sign up with an offshore company, providing less regulation protection.
- To enjoy optimal trading conditions, a significant deposit of $10,000 is required. These conditions include a commission fee of $1.50 per side.
- Test results show that average transaction speeds of 100ms-250ms are slower than other trading options.
Why Trade With XTB?
XTB is a leading choice for new traders due to its exceptional xStation platform, no commission costs, no mandatory deposit, and high-quality educational resources, most of which are smoothly incorporated into the platform.
Pros
- Signing up for an XTB account is simple and entirely digital, taking only a short while. This enables a seamless transition into trading for new traders.
- XTB provides an extensive set of educational resources such as training videos and articles on its platform, making it suitable for traders of all skill levels.
- XTB offers over 7,000 instruments, including CFDs on shares, indices, ETFs, raw materials, forex, crypto, real shares, real ETFs, share dealing, and investment plans, catering to both short-term traders and long-term investors.
Cons
- The inability to modify the default leverage on XTB products is disappointing. Manual adjustment can greatly reduce trading risks, especially in forex and CFD trading.
- Trading costs are fair with typical spreads of around 1 pip on the EUR/USD. However, they're not as low as those offered by the least expensive brokers, like IC Markets. Also, an inactivity fee applies after one year.
- XTB does not provide a raw spread account. This is often given by competitors such as Pepperstone. This can be of disadvantage to traders searching for the narrowest spreads.
Why Trade With Admiral Markets?
Admirals is a suitable choice for beginner to intermediate traders seeking a reliable, regulated broker. It offers a broad variety of markets, tight spreads, and no commission.
Pros
- Admiral Markets, with its narrow spreads and minimal to no commissions, is a suitable choice for active traders.
- Admirals is a widely regulated broker that has earned numerous industry awards.
- Use a demo account to evaluate the broker prior to actual trading.
Cons
- US traders not accepted
- Monthly inactivity fee
- The demo account is valid for 30 days.
Filters
Understanding the Bombay Stock Exchange and How to Get Started With Trading
Overview of BSE Brokers
Brokers with access to the Bombay Stock Exchange (BSE) let investors buy and sell India’s top stocks through various tools and platforms. Here’s what you need to know when choosing a broker for BSE trading:
Platforms & Tools
Choosing the right broker involves looking at the platforms and tools they offer. Consider if they have features like:
- Customizable charts and graphs for tracking historical data
- A live calendar for economic events in India
- Training guides to help you learn how to open and close trades
- A mobile app for trading on the go
- A demo account to try out their services risk-free
Fees & Costs
It’s crucial to understand the fees associated with trading. Look for brokers with clear and competitive commission structures. Consider the costs for:
- Trading BSE stocks
- Swap charges
- Possible non-trading fees like inactivity penalties
Capital.com, for instance, doesn’t charge fees for deposits, withdrawals, and offers real-time quotes and charts at no cost.
Regulation & Security
Top brokers are regulated by trustworthy agencies, like the Securities and Exchange Board of India (SEBI). This ensures protection and support in case issues arise. Look for secure login methods, such as two-factor authentication, and secure data transfers.
Learning About the Bombay Stock Exchange
The Bombay Stock Exchange (BSE) is Asia’s first stock market, established in 1875. Although it’s the second-largest in India today, it remains a vital part of the country’s trading landscape.
Historical Background
Originally starting in the 1850s under a banyan tree, the BSE has expanded tremendously. Recognized formally in 1956, the BSE has played a significant role in India’s corporate sector. Its famous SENSEX index tracks the performance of 30 leading companies.
The Role of the Bombay Stock Exchange
The BSE is crucial for:
- Contributing to economic growth
- Providing liquidity and marketability
- Setting prices
It also offers services like clearing and settlement procedures.
BSE vs. NSE Trading
The National Stock Exchange (NSE) is another major stock exchange in India. While NSE is newer and slightly larger, BSE has more listed companies. Each has its own index—NSE’s NIFTY 50 and BSE’s SENSEX—summarizing market movements.
How the BSE Works
Listing Rules
To list on the BSE, companies must meet specific requirements:
- Pay an initial listing fee of INR 20,000
- Have a minimum issue size of 10 Crore (INR 100 million)
- Have a market capitalization of at least 25 Crore (INR 250 million)
SENSEX Index
SENSEX includes the 30 largest companies on the BSE. Companies are selected based on:
- Being a large-cap company
- Having liquid stocks
- Generating revenue from core activities
- Overall market representation
Indian Numbering System
The BSE uses the Indian Rupee (INR) and the Indian numbering system—Lakh (100,000) and Crore (10 million). Understanding this system can be vital when trading on the exchange.
Getting Started With Trading on BSE
Once you’ve reviewed BSE brokers and are ready to begin trading, consider the following steps:
Strategy
Develop a strategy using past data, charts, and patterns to predict prices. Incorporate risk management tools like stop orders.
Choose A Stock
Identify stocks with high potential by analyzing price shifts and trading volumes. Stocks with greater volume are generally more promising for profits.
BSE Trading Hours
The BSE is open Monday to Friday, from 09:00 to 16:00 IST. Be mindful of public holidays and special trading hours during events like Diwali.
Leading Companies on the BSE
The BSE lists over 5,600 companies. Some major ones include:
- Icici Bank
- Infosys Ltd
- HDFC Bank Ltd
- Reliance Industries Ltd
- Hindustan Unilever Ltd
- TATA Consultancy Services Ltd
Top Tips for BSE Trading
Educational Resources
Use educational tools and resources to enhance your trading knowledge. Look for organized content based on experience levels.
Algorithms
Consider automated trading systems to execute trades based on predetermined strategies, potentially saving time and effort.
Demo Accounts
Practice new strategies with virtual funds on demo accounts to get comfortable with the trading environment.
News
Stay updated with BSE news to better predict market movements and be aware of significant events that may impact stocks.
Conclusion
BSE brokers provide numerous opportunities for investors, including access to the SENSEX index. Utilize educational content, explore different strategies, and review recommended brokers to maximize your trading success.
Frequently Asked Questions
When Did the Bombay Stock Exchange Start Trading?
The BSE began trading securities in 1956 when it was recognized under the Indian Securities Contacts law.
What Are the Trading Hours for the BSE?
The BSE’s trading hours are 09:00 to 16:00 IST, Monday to Friday, excluding holidays.
Do BSE and NSE Brokers Follow the Same Holidays?
Yes, both exchanges operate from India and follow the same holiday calendar.
What Are BSE Insider Trading Regulations?
Insider trading regulations prohibit employees from buying/selling stocks using non-public information as set by SEBI.
What Does Trading Below Book Value Mean for BSE Stocks?
It suggests that the company’s assets aren’t perceived as highly valuable by investors, indicating investment caution.