TIER 1 · FCA · CySEC · ASIC +8Verdict 6.2 / 10 · #60
Plus500 UPI deposit: does it work in India?
Short answerNot that we can confirm. Plus500 doesn't publish UPI or any Indian rupee method on its public pages. Plus500 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, Apple Pay, Google Pay, Trustly
Crypto (USDT)
Not published
Withdrawal time
Typically 1-3 business days
RBI Alert List
Not listed
Data as of 2026-10-24, from Plus500'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 Plus500 with UPI?
Not that we can confirm. Plus500 doesn't publish UPI or any Indian rupee method on its public pages.
Can I withdraw from Plus500 to my Indian bank account?
Plus500 publishes: Typically 1-3 business days. Methods: Visa/Mastercard, Bank wire, Apple Pay, Google Pay, Trustly.
Is it legal to fund Plus500 from India?
Plus500 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.