Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Tracxn has a critically low score of 1.5/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | Tracxn | XA Markets | Goodwill | AvaTrade |
|---|---|---|---|---|
| Operating Period | 5-10 years | See review | See review | See review |
| Region | India | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 1.5/10 | See review | See review | See review |
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Lite Account | Individual users or small teams | Free access with usage limits | Ideal for casual users or those beginning their market intelligence journey |
| Premium Account | Commercial users, corporations, VCs, and PEs | Full access to comprehensive datasets and advanced tools | Designed for organizations requiring robust data and enterprise-grade solutions |
To open an account with Tracxn, users must follow these steps: first, submit personal information including name, email, and phone number. Next, provide employment details such as company name and position, followed by financial information relevant to trading. It is mandatory to verify identity by submitting documents like a government-issued ID and proof of address. Additionally, users have the flexibility to upgrade their account to a professional level in the future, should their trading needs evolve.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (EUR/USD) | 0.8 | $0 (ECN: $3.5/lot) | Tight spreads for major pairs |
| CFDs (Stocks) | 0.1 | $0 (ECN: $3.5/lot) | Low-cost trading on major stocks |
| Cryptos (BTC/USD) | 1.0% | 0.1% | Variable depending on market volatility |
In addition to trading fees, users should be aware of other costs, including deposit and withdrawal fees, which may apply depending on the payment method. Inactivity fees may be charged if an account remains dormant for an extended period. Furthermore, platform usage fees could be applicable for specific features or services. Overnight interest, or swap rates, may be incurred on open positions, and currency conversion fees may apply for transactions involving different currencies.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in India. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as Tracxn.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of Tracxn's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.