Alpari — India
Key facts (8)
- Who actually onboards you
- Does NOT serve India - Alpari explicitly excludes Indian residents fro
- Licence number
- not stated
- Established
- 1998group
- Min deposit, USD
- not stated
- Platforms
- MetaTrader 4 · MetaTrader 5
- Local funding
- Not applicable - country not served.
- Max leverage
- not stated
- EURUSD
- 0.3 pipsgroup
This broker against the India middle (52 of 91)
| Alpari | India median | |
|---|---|---|
| Round turn, USD | 3.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | 2 working days hgroup | 48.0 h |
| EURUSD, standard | 0.3 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.8 pipsgroup | 0.0 pips |
| Established | 1998group | 2008.0 |
| Platforms | 2 | 3 |
Accepts residents of India
Through an offshore entity
Score (5/6 axes)
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Does NOT serve India - Alpari explicitly excludes Indian residents from opening accounts.
Entity not established
Public rating and its base
Round turn against the local middle (52 of 91)
standard
Getting money out
From the entry account upwards
Micro (from USD 30, MT4 only), Standard (USD 100), ECN (USD 300), Pro ECN (USD 500).
Terminals, markets, instrument counts (2)
MetaTrader 4 · MetaTrader 5
750+ instruments: forex, metals, indices, commodities, share CFDs and crypto CFDs.
What works and what to watch
Pros (1)
- Round turn 3.0 USD against a India median of 6.0
Cons (4)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
- No public review-platform rating, so the review axis is absent
- Minimum deposit for this country not published
Profits, and what India takes
Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit
Where it does not serve
United States, Japan, Canada, Myanmar, Democratic Republic of Korea, European Union, United Kingdom, Syria, Sudan, Cuba
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- daytrading.com/alpari page
- rbi.org.in domain
- tradersunion.com domain
FAQ (5)
Does Alpari accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Alpari?
Does NOT serve India - Alpari explicitly excludes Indian residents from opening accounts.
What licence does Alpari hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at Alpari?
3.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from Alpari take?
2 working days hours as published. 2 working days