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 / FP Markets / UPI deposit
TIER 1 · FSA-SC · ASIC · FSCAVerdict 9.2 / 10 · #3

FP Markets UPI deposit: does it work in India?

Short answerNot confirmed. FP Markets offers Indian rupee bank transfers (Rupee Payments) but we haven't confirmed UPI itself. FP Markets is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025).
The facts
UPI
INR bank transfer only
All deposit & withdrawal methods
Bank wire, Visa/Mastercard, Skrill, Neteller, FasaPay, Perfect Money, SticPay, Dragonpay, Rapid Transfer, Rupee Payments, Crypto, Local bank transfer
Crypto (USDT)
Yes
Withdrawal time
Requests processed within 24h; most methods 1 business day, some e-wallets instant after release
RBI Alert List
Listed

Data as of 2026-10-24, from FP 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 FP Markets with UPI?

Not confirmed. FP Markets offers Indian rupee bank transfers (Rupee Payments) but we haven't confirmed UPI itself.

Can I withdraw from FP Markets to my Indian bank account?

FP Markets publishes: Requests processed within 24h; most methods 1 business day, some e-wallets instant after release. Methods: Bank wire, Visa/Mastercard, Skrill, Neteller, FasaPay, Perfect Money, SticPay, Dragonpay, Rapid Transfer, Rupee Payments, Crypto, Local bank transfer.

Is it legal to fund FP Markets from India?

FP Markets 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.

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