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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

BlackBull Markets — India

Key facts (8)

Who actually onboards you
BBG Limited
Licence number
SD045
Established
2014group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · cTrader · TradingView
Local funding
Cards, bank wire, Skrill, Neteller and crypto; a
Max leverage
500geo
EURUSD
1.4 pipsgroup

This broker against the India middle (52 of 91)

BlackBull MarketsIndia median
Round turn, USD6.0 USD6.0 USD
Min deposit, USDno data30.0 USD
Max leverage500geo500.0geo
Withdrawal, hno data48.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2014group2008.0
Platforms63

Accepts residents of India

Through an offshore entity

Score (5/6 axes)

3.93 of 5
reviews8525%
cost9520%
safety020%
track_record6010%
platforms8510%

Ranked against brokers measured on every axis

Licence check

Licence number
SD045
Checked
2026-07-09

Register

Who actually onboards you

BBG Limited

Offshore entity

Not on BlackBull's public restricted-countries page, but several BlackBull legal disclaimers exclude India; where accepted, onboarding is via BBG Limited (Seychelles) - status ambiguous.

Public rating and its base

Reviews
4.7/5 from 801 reviewsgroup

Evaluating 801 reviews

Round turn against the local middle (52 of 91)

Round turn, USD
6.0 USD
Median
6.0 USD

raw+commission

Getting money out

Withdrawal, h
not stated

From the entry account upwards

ECN Standard (USD 0 min, commission-free, spreads from ~0.8 pips), ECN Prime (USD 0 min, from 0.0 pips + ~USD 6 round-tu

Terminals, markets, instrument counts (6)

MT4 · MT5 · cTrader · TradingView · BlackBull CopyTrade · BlackBull Invest

72 forex pairs and 26,000+ tradeable symbols: share CFDs, indices, commodities and crypto CFDs.

What works and what to watch

Pros (1)

  • Swap-free account available

Cons (5)

  • Round turn 6.0 USD against a India median of 6.0
  • No local licence: the client is onboarded by a foreign entity
  • Withdrawal time not published
  • Carries a regulator warning; excluded from beginner and most-established lists
  • 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, Canada, North Korea, Iran

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (4)

Does BlackBull Markets accept residents of India?

Through an offshore entity.

Which entity onboards a India client of BlackBull Markets?

BBG Limited

What licence does BlackBull Markets hold for India?

Licence SD045.

What does one EURUSD lot cost at BlackBull Markets?

6.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.