TIER 2 · CySECVerdict 8.3 / 10 · #11
FBS UPI deposit: does it work in India?
Short answerNot that we can confirm. FBS doesn't publish UPI or any Indian rupee method on its public pages. FBS is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025).
The facts
UPI
Not confirmed
All deposit & withdrawal methods
Visa/Mastercard, Bank transfer, Skrill, Neteller, Sticpay, Local payment methods
Crypto (USDT)
Not published
Withdrawal time
Instant automated withdrawals available; typically 15 min to 48 hours
RBI Alert List
Listed
Data as of 2026-10-24, from FBS'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 FBS with UPI?
Not that we can confirm. FBS doesn't publish UPI or any Indian rupee method on its public pages.
Can I withdraw from FBS to my Indian bank account?
FBS publishes: Instant automated withdrawals available; typically 15 min to 48 hours. Methods: Visa/Mastercard, Bank transfer, Skrill, Neteller, Sticpay, Local payment methods.
Is it legal to fund FBS from India?
FBS is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025). 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.