Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500AvaTrade 8.51:400FBS 8.31:3,000LiteFinance 8.31:1,000Moneta Markets 8.11:1,000Octa (OctaFX) 8.11:1,000Exness 9.9UnlimitedIC Markets 9.81:5,000FP Markets 9.21:500Axi 9.11:1,000Fusion Markets 9.01:500Vantage 9.0UnlimitedDeriv 8.81:1,000Zero Markets 8.81:500GO Markets 8.71:500AvaTrade 8.51:400FBS 8.31:3,000LiteFinance 8.31:1,000Moneta Markets 8.11:1,000Octa (OctaFX) 8.11:1,000
Home / Rankings / Axi / UPI deposit
TIER 1 · SVG-FSA · FCA · ASICVerdict 9.1 / 10 · #4

Axi UPI deposit: does it work in India?

Short answerNot confirmed. Axi offers Indian rupee bank transfers (INR bank transfer (withdrawal), Local Money Transfer (INR bank)) but we haven't confirmed UPI itself. Axi is not on the RBI Alert List as of 24 Oct 2026; the RBI says the list isn't exhaustive.
The facts
UPI
INR bank transfer only
All deposit & withdrawal methods
INR bank transfer (withdrawal), Local Money Transfer (INR bank), Visa/Mastercard, PayPal, Bank wire, Local bank transfer, QR payments (HK/SG/TH/ID), Fasapay, Skrill, Neteller, Astropay, Bitcoin, Ethereum, USDT, Litecoin, XRP
Crypto (USDT)
Yes
Withdrawal time
Processed instantly on Axi's side for most methods; arrival 1-7 business days depending on bank; crypto up to 15 min
RBI Alert List
Not listed

Data as of 2026-10-24, from Axi's own site and the sources on its full review. RBI list: RBI press release 2025-2026/1530, 19 Nov 2025.

Questions

Can I deposit to Axi with UPI?

Not confirmed. Axi offers Indian rupee bank transfers (INR bank transfer (withdrawal), Local Money Transfer (INR bank)) but we haven't confirmed UPI itself.

Can I withdraw from Axi to my Indian bank account?

Axi publishes: Processed instantly on Axi's side for most methods; arrival 1-7 business days depending on bank; crypto up to 15 min. Methods: INR bank transfer (withdrawal), Local Money Transfer (INR bank), Visa/Mastercard, PayPal, Bank wire, Local bank transfer, QR payments (HK/SG/TH/ID), Fasapay, Skrill, Neteller, Astropay, Bitcoin, Ethereum, USDT, Litecoin, XRP.

Is it legal to fund Axi from India?

Axi is not on the RBI Alert List as of 24 Oct 2026; the RBI says the list isn't exhaustive. Under FEMA, Indian residents may trade forex only in permitted forms on authorised platforms.

Which forex brokers accept UPI?

Brokers where we've confirmed UPI include Exness, Octa (OctaFX), XM, STARTRADER, Xellion Markets. Check each one's RBI Alert List status before funding.

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