TIER 1 · FCA · CySEC · ASICVerdict 7.4 / 10 · #33
FXCM UPI deposit: does it work in India?
Short answerNot that we can confirm. FXCM doesn't publish UPI or any Indian rupee method on its public pages. FXCM is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025). FXCM's own terms say it doesn't accept residents of India.
The facts
UPI
Not confirmed
All deposit & withdrawal methods
Bank wire, Visa/Mastercard, Skrill, Neteller
Crypto (USDT)
Not published
Withdrawal time
Processed in 1-2 business days; card/bank arrival 3-5 days (third-party source)
RBI Alert List
Listed
Data as of 2026-10-24, from FXCM'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 FXCM with UPI?
Not that we can confirm. FXCM doesn't publish UPI or any Indian rupee method on its public pages.
Can I withdraw from FXCM to my Indian bank account?
FXCM publishes: Processed in 1-2 business days; card/bank arrival 3-5 days (third-party source). Methods: Bank wire, Visa/Mastercard, Skrill, Neteller.
Is it legal to fund FXCM from India?
FXCM 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.