FXTM — India
Key facts (8)
- Who actually onboards you
- Not served — FXTM does not accept Indian residents.
- Licence number
- not stated
- Established
- 2011group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5
- Local funding
- N/A — Indian clients not onboarded.
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| FXTM | 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 | within 24 hours for processing; transfer time depends on method hgroup | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2011group | 2008.0 |
| Platforms | 2 | 3 |
Accepts residents of India
No
Score (5/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
Not served — FXTM does not accept Indian residents.
Entity not established
Public rating and its base
Evaluating 92 reviews
Round turn against the local middle (52 of 91)
Getting money out
From the entry account upwards
N/A for India.
Terminals, markets, instrument counts (2)
MT4 · MT5
N/A for India.
What works and what to watch
Pros (1)
- Withdrawal published at within 24 hours for processing; transfer time depends on method h
Cons (3)
- 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
USA, Mauritius, Japan, Canada, Haiti, Suriname, Democratic People's Republic of Korea, Puerto Rico, New Zealand, Islamic Republic of Iran, Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, Russia, India
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 (4)
Does FXTM accept residents of India?
No.
Which entity onboards a India client of FXTM?
Not served — FXTM does not accept Indian residents.
What licence does FXTM hold for India?
No licence number is published for this country.
How long does a withdrawal from FXTM take?
within 24 hours for processing; transfer time depends on method hours as published. All withdrawal requests are processed by our Back Office Department within 24 hours.