IronFX — India
Key facts (8)
- Who actually onboards you
- Served offshore (Notesco Bermuda / CySEC); no SEBI-registered Indian e
- Licence number
- not stated
- Established
- 2010
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · WebTrader
- Local funding
- No verified compliant INR rail (LRS bars specula
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| IronFX | 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 | 3-5 business days hgroup | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2010 | 2008.0 |
| Platforms | 3 | 3 |
Accepts residents of India
Through an offshore entity
Score (5/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
Served offshore (Notesco Bermuda / CySEC); no SEBI-registered Indian entity.
Offshore entity
Public rating and its base
Looking at 51 reviews
Round turn against the local middle (52 of 91)
Getting money out
From the entry account upwards
Standard/Premium/VIP, Zero Spread, Cent; min USD 100.
Terminals, markets, instrument counts (3)
MT4 · MT5 · WebTrader
FX, indices, shares, commodities, metals, crypto CFDs.
What works and what to watch
Pros (1)
- Swap-free account available
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- 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, Iran, Cuba, Sudan, Syria, North Korea
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
- ironfx.com domain
- fxscouts.com/in page
- sebi.gov.in domain
- rbi.org.in domain
FAQ (4)
Does IronFX accept residents of India?
Through an offshore entity.
Which entity onboards a India client of IronFX?
Served offshore (Notesco Bermuda / CySEC); no SEBI-registered Indian entity.
What licence does IronFX hold for India?
No licence number is published for this country.
How long does a withdrawal from IronFX take?
3-5 business days hours as published. processing time of 3-5 business days