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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

Equiti — India

Key facts (8)

Who actually onboards you
No Indian entity; not SEBI-registered. Any service would be via offsho
Licence number
not stated
Established
2008group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · Equiti Trader app
Local funding
No India-specific local rails verified; INR depo
Max leverage
not stated
EURUSD
1.4 pipsgroup

This broker against the India middle (52 of 91)

EquitiIndia median
Round turn, USD7.0 USD6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, h1-5 business days hgroup48.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0 pipsgroup0.0 pips
Established2008group2008.0
Platforms33

Accepts residents of India

Through an offshore entity

Score (6/6 axes)

3.27 of 5
reviews3525%
cost9020%
safety020%
payouts015%
track_record9010%
platforms6510%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

No Indian entity; not SEBI-registered. Any service would be via offshore licences.

Entity not established

Public rating and its base

Reviews
3.7/5 from over 260 reviewsgroup

Equiti Trustpilot: 3.7/5 stars with over 260 reviews

Round turn against the local middle (52 of 91)

Round turn, USD
7.0 USD
Median
6.0 USD

raw+commission

Getting money out

Withdrawal, h
1-5 business days hgroup

From the entry account upwards

Not offered under any Indian entity; offshore Classic/Standard/Premier only.

Terminals, markets, instrument counts (3)

MT4 · MT5 · Equiti Trader app

FX, indices, commodities, shares (CFDs) — offshore only.

What works and what to watch

Pros (1)

  • Swap-free account available

Cons (4)

  • Round turn 7.0 USD against a India median of 6.0
  • No local licence: the client is onboarded by a foreign entity
  • 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, Belgium, Canada, Japan, Israel, Iran, North Korea, Cuba, Syria, Sudan, Belarus, Russia

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 (5)

Does Equiti accept residents of India?

Through an offshore entity.

Which entity onboards a India client of Equiti?

No Indian entity; not SEBI-registered. Any service would be via offshore licences.

What licence does Equiti hold for India?

No licence number is published for this country.

What does one EURUSD lot cost at Equiti?

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

How long does a withdrawal from Equiti take?

1-5 business days hours as published. Withdrawal fees may be charged