73 brokers measured in Indiabroker data checked 27.08.2026
Exinity logoExinityExinity Limited

Exinity in India — review, licence and costs

Written and checked by the Rupee Desk editorial team · how we score ·  score recalculated 01.10.2026
noAccepts residents of IndiaOpened by Exinity (India) Pvt. Ltd., SEBI licence C113012295, register checked 09.07.2026

Score (6 of 6 axes scored)

3.06/ 5.0

ranked against full-basis brokers

  • Reviews25%0
  • Round-turn cost20%100
  • Safety20%no data
  • Payouts15%40
  • Track record10%30
  • Platforms10%65

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.353 = 3.06 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Exinity Limited
Founded
2020
Retail leverage
2000IN
Round turn
4 USDIN
Currencies
USD; INR base account not verified at review.
Swap-free account
yes

Licence check

No SEBI/RBI licence; offshore FSC Mauritius (Investment Dealer #C113012295).
C113012295
Number listed on the registerchecked 09.07.2026sebi.gov.in
Open an account with Exinity

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the Exinity website
Exinity's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards India residents
Exinity Limited
Local standing
Not locally regulated; offshore FX/CFD offering to Indian residents sits in a legal grey area under FEMA/RBI (only INR pairs via SEBI brokers are compliant).
Licence as the register states it
No SEBI/RBI licence; offshore FSC Mauritius (Investment Dealer #C113012295).
Leverage for this entity
High offshore leverage via FXTM (up to ~1:2000 on Mauritius entity); no standalone Exinity retail terms for India verified.
The firm behind it
Exinity Group, Dubai-HQ fintech holding; parent of FXTM and Alpari; standalone Exinity brand is UAE-focused.
What we hold against it
Offshore, unregulated in India; capital-repatriation and enforcement risk under FEMA; no distinct Exinity retail brand present.

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.

Offshore entity · onboards youExinity LimitedOffshore entity · SEBI licence C113012295
1:2000IN
India median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youNot locally regulated; offshore FX/CFD offering to Indian residents sits in a legal grey area under FEMA/RBI (only INR pairs via SEBI brokers are compliant).
  • 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)

Round turn, 1 lot EURUSD, spread plus commission, USD
Exinity, raw spread plus commission4
India median, all 65 priced7
India median, the 52 priced on the raw spread plus commission6

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: No standalone Exinity retail accounts for India verified, served via FXTM. 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 Exinity sits in the India base(90 brokers)

Round-turn cost, USD (65 of 90 priced)

1<2.5
125
317.5
710
612.5
415
4>15

Median 7 USD · range 2-18 · this broker 4 USD · 25 of 90 brokers do not publish it

Minimum deposit, USD (16 of 90 priced)

15<200
0400
0600
0800
1>800

Median 15 USD · range 0-1000 · 74 of 90 brokers do not publish it

Retail leverage (49 of 90 with a India figure)

29<1k
102k
63k
34k
1>4k

Median 1:500 · range 20-5000 · this broker 1:2000 · 41 of 90 brokers do not publish it

Withdrawal time published (90 brokers)

6of 73
Published, hours6not published38Exinity is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

Not verified at review.

    Account currency
    USD; INR base account not verified at review.
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(18 countries)

    USAMauritiusJapanCanadaHaitiIranSurinameNorth KoreaPuerto RicoOccupied Area of CyprusQuebecIraqSyriaCubaBelarusMyanmarRussiaIndia

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(2 platforms)

    • MT4
    • MT5
    ClassMin spreadLeverage
    MT41.52000IN
    MT51.52000IN

    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.

    Reviews(1 platform · 25% of the score)

    2.4/ 5
    Trustpilot rating
    1,081
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20262.41,081

    Share of reviewers in India: — The platform does not publish it.

    Pros and cons(3 for and 5 against, each tied to a figure on this page)

    For
    • Round turn 4 USD on the raw + commission basis, under the India median 7
    • Swap-free account available
    • Round-turn cost 100 of 100, its strongest of 6 scored axes
    Against
    • No India authorisation on file: the entity that onboards you is licensed elsewhere
    • A regulator warning is on file against this broker
    • Withdrawal in 72 h, over the India median 48
    • The published 1:2000 comes from the group's offshore entity, not from the India one
    • Reviews 0 of 100, its weakest of 6 scored axes

    Alternatives in India(6 of 90 scored in India)

    4.06
    Fusion Markets
    Licensed elsewhere
    Round turn, USD
    4.5IN
    Min deposit, USD
    0IN
    Leverage
    500IN
    Rank in this country
    #3
    3.69
    Moneta Markets
    Licensed elsewhere
    Round turn, USD
    3IN
    Min deposit, USD
    50IN
    Leverage
    1000IN
    Rank in this country
    #28
    3.63
    Headway
    Licensed elsewhere
    Round turn, USD
    3IN
    Min deposit, USD
    1 groupIN
    Leverage
    unlimited group
    Rank in this country
    #35
    3.94
    LiteFinance
    Licensed elsewhere
    Round turn, USD
    5IN
    Min deposit, USD
    50 groupIN
    Leverage
    1000IN
    Rank in this country
    #7
    3.92
    MultiBank Group
    Licensed elsewhere
    Round turn, USD
    3IN
    Min deposit, USD
    50IN
    Leverage
    500IN
    Rank in this country
    #9
    3.7
    Vantage
    Licensed elsewhere
    Round turn, USD
    6IN
    Min deposit, USD
    50IN
    Leverage
    500IN
    Rank in this country
    #27

    "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.

    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

    AxisWeightWhat is measuredExinity
    Reviews25%Rating, volume and recency on one public review platform0
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median100
    Safety20%Local authorisation, the entity that onboards you, any regulator warning0
    Payouts15%Published withdrawal time, fees and the methods available in the country40
    Track record10%Years since the firm was founded, from its own filings30
    Platforms10%Which trading platforms the broker confirms for this country65

    FAQ

    Does Exinity accept residents of India?
    No. Not locally regulated; offshore FX/CFD offering to Indian residents sits in a legal grey area under FEMA/RBI (only INR pairs via SEBI brokers are compliant). Onboarding entity: Exinity Limited
    Is Exinity licensed to serve clients in India?
    No SEBI/RBI licence; offshore FSC Mauritius (Investment Dealer #C113012295). Checked on 09.07.2026.
    How much does one round turn cost at Exinity?
    About 4.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
    What leverage does Exinity offer to retail clients in India?
    Up to 1:2000. High offshore leverage via FXTM (up to ~1:2000 on Mauritius entity); no standalone Exinity retail terms for India verified.
    Which trading platforms does Exinity support?
    MT4, MT5. Instruments: FX, metals, indices, CFDs (via FXTM).
    How can I withdraw money from Exinity in India?
    Not verified at review.
    What account types does Exinity offer?
    No standalone Exinity retail accounts for India verified; served via FXTM.
    Does Exinity offer a swap-free (Islamic) account?
    Yes. Exinity offers a swap-free (Islamic) account to India residents.

    Cost calculator (median of 65 priced of 90)

    Exinity, per month80.00 USD
    India median, per month140.00 USD

    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.

    Verified · Sources

    Verified01.10.2026
    next review 01.01.2027