Since I am with XTB, I can tell you what they offered me. I don't know whether they accept local cheques, I paid using my credit card. Though their minimum deposit is $2000, I negotiated and got it for $1500.
Though they offer both, fixed spreads and floating spreads even below 1 pip, I chose to go for fixed spreads, because I've just started learning to trade and it becomes confusing to keep track of the floating spread for every trade you make.
Yes, they have a Mumbai office at Andheri and their specialists are good enough.
Try negotiating a deal with them, they are quite flexible with their offer. Try contacting on 9503026000. His name is Ashwin.
Guys, if you can possibly share info about services offered by other brokers, how flexible they are, their local office etc. it would be good to have all this information on a single thread. will help people to choose better.
