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 / NordFX / UPI deposit
OFFSHORE · FSC-MU · Saint Lucia company registryVerdict 6.3 / 10 · #57

NordFX UPI deposit: does it work in India?

Short answerYes. NordFX accepts UPI from Indian clients (deposit & withdrawal). NordFX is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025).
The facts
UPI
Yes
All deposit & withdrawal methods
UPI (deposit & withdrawal), PayTM, GPay, PhonePe, Bank Transfer (withdrawal), IMPS (withdrawal), Cards (deposit only), Skrill, Neteller, Crypto (USDT), Crypto (USDC), Bitcoin, Binance Pay, PayTM/GPay/PhonePe, IMPS bank transfer (India, withdrawals), bKash/Nagad, UnionPay/Alipay/WeChat Pay, JazzCash/EasyPaisa, GCash/PayMaya/InstaPay, Local bank transfer (PH, LK, VN), VietQR/MoMo/ZaloPay
Crypto (USDT)
Yes
Withdrawal time
Not published
RBI Alert List
Listed

Data as of 2026-10-24, from NordFX'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 NordFX with UPI?

Yes. NordFX accepts UPI from Indian clients (deposit & withdrawal).

Can I withdraw from NordFX to my Indian bank account?

NordFX doesn't publish Indian withdrawal details. Published methods: UPI (deposit & withdrawal), PayTM, GPay, PhonePe, Bank Transfer (withdrawal), IMPS (withdrawal), Cards (deposit only), Skrill, Neteller, Crypto (USDT), Crypto (USDC), Bitcoin, Binance Pay, PayTM/GPay/PhonePe, IMPS bank transfer (India, withdrawals), bKash/Nagad, UnionPay/Alipay/WeChat Pay, JazzCash/EasyPaisa, GCash/PayMaya/InstaPay, Local bank transfer (PH, LK, VN), VietQR/MoMo/ZaloPay.

Is it legal to fund NordFX from India?

NordFX 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.