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 / FXTM (ForexTime) / UPI deposit
TIER 2 · FSC-MU · FSCA · SCA +1Verdict 7.6 / 10 · #28

FXTM (ForexTime) UPI deposit: does it work in India?

Short answerNot that we can confirm. FXTM (ForexTime) doesn't publish UPI or any Indian rupee method on its public pages. FXTM (ForexTime) is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025). FXTM (ForexTime)'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, Bitcoin, USDT, M-Pesa
Crypto (USDT)
Yes
Withdrawal time
Processed same business day; e-wallets within 1 day, cards 1-3 days, bank wire 1-4 days
RBI Alert List
Listed

Data as of 2026-10-24, from FXTM (ForexTime)'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 FXTM (ForexTime) with UPI?

Not that we can confirm. FXTM (ForexTime) doesn't publish UPI or any Indian rupee method on its public pages.

Can I withdraw from FXTM (ForexTime) to my Indian bank account?

FXTM (ForexTime) publishes: Processed same business day; e-wallets within 1 day, cards 1-3 days, bank wire 1-4 days. Methods: Bank wire, Visa/Mastercard, Skrill, Neteller, Bitcoin, USDT, M-Pesa.

Is it legal to fund FXTM (ForexTime) from India?

FXTM (ForexTime) 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.