TIER 1 · BVI FSC · FCAVerdict 6.7 / 10 · #48
OANDA UPI deposit: does it work in India?
Short answerNot that we can confirm. OANDA doesn't publish UPI or any Indian rupee method on its public pages. OANDA is not on the RBI Alert List as of 24 Oct 2026; the RBI says the list isn't exhaustive.
The facts
UPI
Not confirmed
All deposit & withdrawal methods
Visa/Mastercard, Bank wire, Wise, Skrill, Neteller, Local bank transfer, Local e-wallets
Crypto (USDT)
Not published
Withdrawal time
Not published
RBI Alert List
Not listed
Data as of 2026-10-24, from OANDA'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 OANDA with UPI?
Not that we can confirm. OANDA doesn't publish UPI or any Indian rupee method on its public pages.
Can I withdraw from OANDA to my Indian bank account?
OANDA doesn't publish Indian withdrawal details. Published methods: Visa/Mastercard, Bank wire, Wise, Skrill, Neteller, Local bank transfer, Local e-wallets.
Is it legal to fund OANDA from India?
OANDA is not on the RBI Alert List as of 24 Oct 2026; the RBI says the list isn't exhaustive. 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.