TIER 2 · MISA · FSC-MU · FSCA +1Verdict 8.1 / 10 · #14
Octa (OctaFX) UPI deposit: does it work in India?
Short answerYes. Octa (OctaFX) accepts UPI from Indian clients (deposit). Octa (OctaFX) 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), Mastercard (deposit only), Skrill, Neteller, Bitcoin, Ethereum, Litecoin, USDT (ERC20), USDT (TRC20), Dogecoin
Crypto (USDT)
Yes
Withdrawal time
E-wallets & crypto processed in 1-3 hours
RBI Alert List
Listed
Data as of 2026-10-24, from Octa (OctaFX)'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 Octa (OctaFX) with UPI?
Yes. Octa (OctaFX) accepts UPI from Indian clients (deposit).
Can I withdraw from Octa (OctaFX) to my Indian bank account?
Octa (OctaFX) publishes: E-wallets & crypto processed in 1-3 hours. Methods: UPI (deposit), Mastercard (deposit only), Skrill, Neteller, Bitcoin, Ethereum, Litecoin, USDT (ERC20), USDT (TRC20), Dogecoin.
Is it legal to fund Octa (OctaFX) from India?
Octa (OctaFX) 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, XM, STARTRADER, Xellion Markets, NordFX. Check each one's RBI Alert List status before funding.