FXOpen — India
Key facts (8)
- Who actually onboards you
- FXOpen Markets Ltd
- Licence number
- not stated
- Established
- 2005
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · TickTrader
- Local funding
- Cards, wire, Skrill, Neteller, BTC, USDT; no com
- Max leverage
- 500geo
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| FXOpen | India median | |
|---|---|---|
| Round turn, USD | 3.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | same business day before noon GMT; otherwise next business day hgroup | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2005 | 2008.0 |
| Platforms | 3 | 3 |
Accepts residents of India
No
Score (5/6 axes)
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
FXOpen Markets Ltd
Offshore entity
Only offshore FXOpen Markets Ltd (Nevis) could onboard; FXOpen is not SEBI-registered.
Public rating and its base
Round turn against the local middle (52 of 91)
raw+commission
Getting money out
From the entry account upwards
Micro/cent (from USD 1), STP, ECN (from USD 100), Crypto (from USD 10) — offshore terms only.
Terminals, markets, instrument counts (3)
MT4 · MT5 · TickTrader
FX, metals, indices, share CFDs, crypto CFDs (not the SEBI-permitted INR-pair set).
What works and what to watch
Pros (3)
- Round turn 3.0 USD against a India median of 6.0
- Swap-free account available
- Withdrawal published at same business day before noon GMT; otherwise next business day h
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
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
- fxopen.com domain
- sebi.gov.in domain
- forexbrokers.com/guides/india page
- jurishour.in domain
FAQ (5)
Does FXOpen accept residents of India?
No.
Which entity onboards a India client of FXOpen?
FXOpen Markets Ltd
What licence does FXOpen hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at FXOpen?
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 FXOpen take?
same business day before noon GMT; otherwise next business day hours as published. Withdrawals submitted before noon GMT are processed the same business day.