Pepperstone — India
Key facts (8)
- Who actually onboards you
- Pepperstone Markets Ltd
- Licence number
- not stated
- Established
- 2010group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- Visa/Mastercard (Indian bank cards), Skrill, Net
- Max leverage
- 200geo
- EURUSD
- 1.0 pipsgroup
This broker against the India middle (52 of 91)
| Pepperstone | India median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | Up to 2 business days hgroup | 48.0 h |
| EURUSD, standard | 1.0 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2010group | 2008.0 |
| Platforms | 5 | 3 |
Accepts residents of India
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Pepperstone Markets Ltd
Entity not established
Indian clients are onboarded offshore under Pepperstone Markets Ltd (Bahamas); accounts are opened at the client's own discretion under RBI's LRS.
Public rating and its base
4.4 out of 5
Round turn against the local middle (52 of 91)
raw+commission
Getting money out
From the entry account upwards
Standard (spread-only, no commission) and Razor (raw-spread ECN + commission from ~USD 3.50/lot per side); no minimum de
Terminals, markets, instrument counts (5)
MT4 · MT5 · cTrader · TradingView · Pepperstone's proprietary TradingView-powered platform
1,200+ instruments: 90+ forex pairs, indices, commodities/metals, share CFDs, ETFs and crypto CFDs.
What works and what to watch
Pros (1)
- Swap-free account available
Cons (4)
- Round turn 7.0 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
- 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, Japan, New Zealand, Belgium, France, Iran, North Korea, Syria, Sudan
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
FAQ (5)
Does Pepperstone accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Pepperstone?
Pepperstone Markets Ltd
What licence does Pepperstone hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at Pepperstone?
7.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from Pepperstone take?
Up to 2 business days hours as published. Withdrawal processing time | Up to 2 business days