FX FXCM India
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India · Offshore

FXCM India — Is It Legal & Available for Traders?

2.4
out of
5.0
SEBI NoneLeverage 1:1000Min USD 50Base USD
Start Trading
FCA
United Kingdom
ASIC
Australia
FSCA
South Africa
Not SEBI
India
Founded1999 · New York
PlatformsMT4 · TradingView
Islamic accountYes
US clientsBanned (2017)
Regulation

Global oversight

FCA & ASIC (outside India).

Platforms

Pro platforms

MT4 and TradingView.

Accounts

Swap-free

No overnight swap fees.

+FCA & ASIC regulated
+Low spreads
+Swap-free accounts
−No SEBI registration
−No INR accounts
−No local recourse
−US-banned since 2017
Quotex
#1 Pick
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Pocket Opt.
Binomo
Stockity
Rating /5
4.5
4.2
4.0
3.6
3.3
Min deposit
$10
$10
$50
$10
$10
Demo account
✓
✓
✓
✓
×
INR deposits
✓
×
✓
✓
✓
2.4
★★★★★
Overall rating · out of 5
Regulation 1.0Platforms 4.0Fees 3.5Availability 1.0
2.4/5

Not for India residents

Out of reach through legal channels; the compliant path is a SEBI-registered broker.

author = "Kit Editor"
updated = "2026-07"
desk = "Broker reviews"

Is FXCM legal in India?

No. FXCM is not registered with SEBI, so it cannot legally onboard residents of India.

Is FXCM available in India?

Not through legal channels. Offshore entities do not offer INR accounts or local support.

Does FXCM have an India office?

No. FXCM operates from UK and Australia hubs with no registered Indian presence.

Is FXCM regulated?

Yes — by the FCA, ASIC and FSCA — but not by SEBI in India.

Looking for a SEBI-registered broker?

See legal options Read the guide