Finvasia — India
Key facts (8)
- Who actually onboards you
- of Finvasia Securities Pvt Ltd
- Licence number
- INZ000176037
- Established
- not stated
- Min deposit, USD
- not stated
- Platforms
- Shoonya web/mobile app · Shoonya API · NEST · MT5
- Local funding
- UPI, Indian net-banking, IMPS/NEFT bank transfer
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| Finvasia | India median | |
|---|---|---|
| Round turn, USD | not priced | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | no data | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | not stated | 2008.0 |
| Platforms | 4 | 3 |
Accepts residents of India
Through an offshore entity
Score (3/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
of Finvasia Securities Pvt Ltd
Entity not established
India served via Shoonya (brand of Finvasia Securities Pvt Ltd), Chandigarh; domestic SEBI broker. Offshore Fxview CFDs are not marketed to Indian residents (FX/CFD margin trading on foreign brokers restricted under FEMA/RBI).
Public rating and its base
Finvasia is rated "Average" with 3.4 / 5 on Trustpilot
Round turn against the local middle (52 of 91)
Getting money out
From the entry account upwards
Shoonya Demat + Trading account; single all-segment account. eKYC, activation ~24-48h.
Terminals, markets, instrument counts (4)
Shoonya web/mobile app · Shoonya API · NEST · MT5
Equities (delivery/intraday), F&O, currency, commodities (MCX/NCDEX), mutual funds/SIP, bonds, ETFs — real exchange-traded, not CFDs.
What works and what to watch
Pros (1)
- Licensed locally: INZ000176037
Cons (2)
- Withdrawal time not published
- 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
no data
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 (4)
Checked: 2026-07-09
- shoonya.com domain
- finvasia.com domain
- comparesharebrokers.com domain
- finology.in domain
FAQ (3)
Does Finvasia accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Finvasia?
of Finvasia Securities Pvt Ltd
What licence does Finvasia hold for India?
Licence INZ000176037.