Swissquote — India
Key facts (8)
- Who actually onboards you
- Swissquote Bank Ltd
- Licence number
- not stated
- Established
- 1996group
- Min deposit, USD
- 1000 USDgeo
- Platforms
- Advanced Trader · MT4 · MT5
- Local funding
- International bank wire; no local Indian rails (
- Max leverage
- 100geo
- EURUSD
- 1.7 pipsgroup
This broker against the India middle (52 of 91)
| Swissquote | India median | |
|---|---|---|
| Round turn, USD | 17.0 USD | 6.0 USD |
| Min deposit, USD | 1000 USDgeo | 30.0 USD |
| Max leverage | 100geo | 500.0geo |
| Withdrawal, h | up to 24 hours hgroup | 48.0 h |
| EURUSD, standard | 1.7 pipsgroup | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 1996group | 2008.0 |
| Platforms | 3 | 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
Swissquote Bank Ltd
Entity not established
Served via Swissquote Bank Ltd (Switzerland) cross-border; no local Indian entity.
Public rating and its base
4.6/5 from 1,291 reviews
Round turn against the local middle (52 of 91)
standard
Getting money out
From the entry account upwards
Standard (min USD 1,000), Premium (USD 10,000), Prime (USD 50,000).
Terminals, markets, instrument counts (3)
Advanced Trader · MT4 · MT5
FX, CFDs, stocks, ETFs, crypto, bonds.
What works and what to watch
Pros (2)
- Swap-free account available
- Withdrawal published at up to 24 hours h
Cons (3)
- Round turn 17.0 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
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, Canada, United Kingdom, Germany, Italy, France, Russian Federation, Japan, Turkey
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
- brokerchooser.com/swissquote-india page
- swissquote.com domain
FAQ (5)
Does Swissquote accept residents of India?
Through an offshore entity.
Which entity onboards a India client of Swissquote?
Swissquote Bank Ltd
What licence does Swissquote hold for India?
No licence number is published for this country.
What does one EURUSD lot cost at Swissquote?
17.0 USD per round turn against a India median of 6.0 USD, measured on 52 of 91 brokers.
How long does a withdrawal from Swissquote take?
up to 24 hours hours as published. Up to 24 hours