TIER 1 · FCA · BMAVerdict 7.5 / 10 · #30
CMC Markets UPI deposit: does it work in India?
Short answerNot that we can confirm. CMC Markets doesn't publish UPI or any Indian rupee method on its public pages. CMC Markets is not on the RBI Alert List as of 24 Oct 2026; the RBI says the list isn't exhaustive.
The facts
UPI
Not confirmed
All deposit & withdrawal methods
Visa/Mastercard, Bank wire, Crypto
Crypto (USDT)
Yes
Withdrawal time
Processed same business day; card 1-3, bank wire 1-4 business days
RBI Alert List
Not listed
Data as of 2026-10-24, from CMC Markets'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 CMC Markets with UPI?
Not that we can confirm. CMC Markets doesn't publish UPI or any Indian rupee method on its public pages.
Can I withdraw from CMC Markets to my Indian bank account?
CMC Markets publishes: Processed same business day; card 1-3, bank wire 1-4 business days. Methods: Visa/Mastercard, Bank wire, Crypto.
Is it legal to fund CMC Markets from India?
CMC Markets 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.