AMarkets in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%90
- Round-turn cost20%70
- Safety20%10
- Payouts15%80
- Track record10%95
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- AMarkets Ltd
- Founded
- 2007
- Retail leverage
- 3000IN
- Round turn
- 11 USDIN
- Currencies
- USD per official; INR base claimed by third-party reviews, not verified officially.
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with AMarketsThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- AMarkets Ltd
- Local standing
- Unregulated locally; offshore only. Not found on RBI Alert List (Nov 2025), but retail offshore forex trading by residents can breach FEMA.
- Licence as the register states it
- No SEBI/RBI authorisation; not an RBI-authorised ETP.
- Leverage for this entity
- Up to 1:3000 on some account types.
- The firm behind it
- Founded 2007, CIS roots; ~350,000+ clients; Financial Commission member (compensation up to EUR 20,000).
- What we hold against it
- Offshore/unregulated for India; FEMA risk for residents; Financial Commission cover; generally positive third-party ratings.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youUnregulated locally; offshore only. Not found on RBI Alert List (Nov 2025), but retail offshore forex trading by residents can breach FEMA.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard, ECN, Zero (Fixed also offered), min deposit USD 100. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where AMarkets sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 11 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 100 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:3000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (5 methods · 1 local)
Third-party reviews cite UPI, bank wire, cards, e-wallets, crypto;
- Third-party reviews cite UPIlocal
- Bank wire
- Cards
- E-wallets
- Crypto
- Account currency
- USD per official; INR base claimed by third-party reviews, not verified officially.
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(10 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- AMarkets App
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.3 |
| MT5 | — | 1.3 |
| AMarkets App | — | 1.3 |
| All instruments | 550+ | — |
138 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 132 more.
Identical for every row: Leverage 3000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.8 | 3,560 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(4 for and 4 against, each tied to a figure on this page)
- Withdrawal in 24 h, one of 74 of 90 brokers here that publish a time
- Swap-free account available
- Track record 95 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, AMarkets App
- Round turn 11 USD on the raw + commission basis, over the India median 7
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 100 USD, over the India median 15
- Safety 10 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 9IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 400IN
- Rank in this country
- #29
- Round turn, USD
- 9IN
- Min deposit, USD
- 100IN
- Leverage
- 200IN
- Rank in this country
- #10
- Round turn, USD
- 7IN
- Min deposit, USD
- 100IN
- Leverage
- 200IN
- Rank in this country
- #18
- Round turn, USD
- 9IN
- Min deposit, USD
- 10IN
- Leverage
- 500IN
- Rank in this country
- #13
- Round turn, USD
- 10IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 2000IN
- Rank in this country
- #17
- Round turn, USD
- 4IN
- Rank in this country
- #4
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | AMarkets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 90 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 70 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 95 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does AMarkets accept residents of India?
- No. Unregulated locally; offshore only. Not found on RBI Alert List (Nov 2025), but retail offshore forex trading by residents can breach FEMA. Onboarding entity: AMarkets Ltd
- Is AMarkets licensed to serve clients in India?
- No SEBI/RBI authorisation; not an RBI-authorised ETP. Checked on 09.07.2026.
- How much does one round turn cost at AMarkets?
- About 11.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does AMarkets offer to retail clients in India?
- Up to 1:3000. leverageGeo: Up to 1:3000 on some account types.
- Which trading platforms does AMarkets support?
- MT4, MT5, AMarkets App. Instruments: FX (50+ pairs), metals, indices, commodities, stocks, ETFs, crypto CFDs.
- How can I withdraw money from AMarkets in India?
- Third-party reviews cite UPI, bank wire, cards, e-wallets, crypto; not verified on official site.
- What account types does AMarkets offer?
- Standard, ECN, Zero (Fixed also offered); min deposit USD 100.
- Does AMarkets offer a swap-free (Islamic) account?
- Yes. AMarkets offers a swap-free (Islamic) account to India residents.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.