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 / ThinkMarkets / UPI deposit
TIER 1 · FSA-SC · FCA · ASICVerdict 8.0 / 10 · #20

ThinkMarkets UPI deposit: does it work in India?

Short answerNot that we can confirm. ThinkMarkets doesn't publish UPI or any Indian rupee method on its public pages. ThinkMarkets is on the RBI Alert List of unauthorised forex platforms (list of 19 Nov 2025). ThinkMarkets'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, PayPal, Apple Pay, Google Pay, Crypto
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 ThinkMarkets'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 ThinkMarkets with UPI?

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

Can I withdraw from ThinkMarkets to my Indian bank account?

ThinkMarkets 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, PayPal, Apple Pay, Google Pay, Crypto.

Is it legal to fund ThinkMarkets from India?

ThinkMarkets 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.

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