NordFX — India
Key facts (8)
- Who actually onboards you
- Offshore NordFX LTD (Saint Lucia, reg 2023-00470); no India entity.
- Licence number
- v 2025
- Established
- 2008group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5
- Local funding
- Local Indian deposit methods historically offere
- Max leverage
- 1000geo
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| NordFX | India median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | no data | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2008group | 2008.0 |
| Platforms | 2 | 3 |
Accepts residents of India
Through an offshore entity
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Offshore NordFX LTD (Saint Lucia, reg 2023-00470); no India entity.
Entity not established
Public rating and its base
4.4 out of 5 Trustpilot score from 73 reviews
Round turn against the local middle (52 of 91)
raw+commission
Getting money out
From the entry account upwards
MT4 Pro (min $10), MT5 Pro ($50), MT4 Zero ($100), MT5 Zero ($200); demo.
Terminals, markets, instrument counts (2)
MT4 · MT5
FX, crypto, gold/silver, indices, oil, stocks.
What works and what to watch
Pros (1)
- Swap-free account available
Cons (5)
- Round turn 7.0 USD against a India median of 6.0
- No local licence: the client is onboarded by a foreign entity
- Withdrawal time not published
- 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
United States, Canada, European Union member states, Russian Federation, Japan, Brazil, Indonesia, Cuba, Sudan, Syria, North Korea, Myanmar, Ukraine, Malaysia, Panama
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 (3)
Checked: 2026-07-09
- nordfx.com domain
- rbi.org.in domain
- daytrading.com/nordfx page
FAQ (4)
Does NordFX accept residents of India?
Through an offshore entity.
Which entity onboards a India client of NordFX?
Offshore NordFX LTD (Saint Lucia, reg 2023-00470); no India entity.
What licence does NordFX hold for India?
Licence v 2025.
What does one EURUSD lot cost at NordFX?
7.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.