FP Markets — India
Key facts (8)
- Who actually onboards you
- FP Markets LLC
- Licence number
- not stated
- Established
- 2005group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- Cards, bank wire and e-wallets; local UPI/INR ba
- Max leverage
- 500geo
- EURUSD
- 1.0 pipsgroup
This broker against the India middle (52 of 91)
| FP Markets | India median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | instant to one business day hgroup | 48.0 h |
| EURUSD, standard | 1.0 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2005group | 2008.0 |
| Platforms | 4 | 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
FP Markets LLC
Offshore entity
Indian retail clients are onboarded via the offshore arm (FP Markets LLC, SVG / Seychelles FSA entity); no India-domiciled entity.
Public rating and its base
Round turn against the local middle (52 of 91)
raw+commission
Getting money out
From the entry account upwards
Standard (commission-free) and Raw (0.0 pip + commission) on MT4/MT5/cTrader/TradingView; min deposit USD 100.
Terminals, markets, instrument counts (4)
MT4 · MT5 · cTrader · TradingView
10,000+ CFDs: 60+ FX pairs, indices, commodities, shares, ETFs, bonds 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
- 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, North Korea, Iran, Iraq, Belgium
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 (2)
Checked: 2026-07-09
FAQ (5)
Does FP Markets accept residents of India?
Through an offshore entity.
Which entity onboards a India client of FP Markets?
FP Markets LLC
What licence does FP Markets hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at FP Markets?
6.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from FP Markets take?
instant to one business day hours as published. processing times range from instant to one business day