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FXGT in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%65
- Round-turn cost20%55
- Safety20%0
- Payouts15%40
- Track record10%35
- Platforms10%80
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- GT Global Ltd
- Founded
- 2019
- Retail leverage
- 5000IN
- Round turn
- 14 USDIN
- Currencies
- USD, EUR and JPY; no INR account, so INR funding is converted.
- 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 FXGTThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- GT Global Ltd
- Local standing
- Offshore (Seychelles FSA); offshore FX/CFD trading by residents is restricted under FEMA and RBI rules, and SEBI/RBI warn against unauthorised offshore platforms.
- Licence as the register states it
- GT Global Ltd holds Seychelles FSA Licence No. SD019; no SEBI/RBI authorisation.
- Leverage for this entity
- Up to 1:5000 on Optimus; far above any Indian-permitted limit and not locally sanctioned.
- The firm behind it
- GT Group brand, launched 2019; crypto-forex hybrid broker with Seychelles/FSCA/Vanuatu/CySEC entities.
- What we hold against it
- Legal grey/illegal for residents: offshore FX trading breaches FEMA; brokers of this type risk appearing on the RBI Alert List.
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 youOffshore (Seychelles FSA); offshore FX/CFD trading by residents is restricted under FEMA and RBI rules, and SEBI/RBI warn against unauthorised offshore platforms.
- 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: Mini, Standard+, Micro/Cent, Pro, ECN Zero, Optimus, commission-free except ECN Zero, min deposit from ~USD 5-50. 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 FXGT sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 14 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 5 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 1:5000 · 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 (4 methods · 0 local rails)
Cards, bank wire, e-wallets and crypto;
- Cards
- Bank wire
- E-wallets
- Crypto
- Account currency
- USD, EUR and JPY; no INR account, so INR funding is converted.
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(2 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- FXGT WebTrader
Identical for every row: Min spread 0.8 · Leverage 5000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.3 | 1,586 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(4 for and 5 against, each tied to a figure on this page)
- Min deposit 5 USD, under the India median 15
- Swap-free account available
- Platforms 80 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, FXGT WebTrader
- Round turn 14 USD on the standard basis, over the India median 7
- 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
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 13IN
- Min deposit, USD
- 5 groupIN
- Leverage
- 3000IN
- Rank in this country
- #34
- Round turn, USD
- 5.5IN
- Min deposit, USD
- 10IN
- Leverage
- 1000IN
- Rank in this country
- #39
- Round turn, USD
- 15IN
- Min deposit, USD
- 30 groupIN
- Leverage
- 3000 group
- Rank in this country
- #53
- Round turn, USD
- 11IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 3000IN
- Rank in this country
- #6
- Round turn, USD
- 16IN
- Min deposit, USD
- 1000IN
- Leverage
- 100IN
- Rank in this country
- #25
- Round turn, USD
- 5IN
- Min deposit, USD
- 0 groupIN
- Rank in this country
- #2
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 | FXGT |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 65 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 55 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 40 |
| Track record | 10% | Years since the firm was founded, from its own filings | 35 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 80 |
FAQ
- Does FXGT accept residents of India?
- No. Offshore (Seychelles FSA); offshore FX/CFD trading by residents is restricted under FEMA and RBI rules, and SEBI/RBI warn against unauthorised offshore platforms. Onboarding entity: GT Global Ltd
- Is FXGT licensed to serve clients in India?
- GT Global Ltd holds Seychelles FSA Licence No. SD019; no SEBI/RBI authorisation. Checked on 09.07.2026.
- How much does one round turn cost at FXGT?
- About 14.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does FXGT offer to retail clients in India?
- Up to 1:5000. Up to 1:5000 on Optimus; far above any Indian-permitted limit and not locally sanctioned.
- Which trading platforms does FXGT support?
- MT4, MT5, FXGT WebTrader. Instruments: 50+ FX pairs, 30+ crypto CFDs, synthetic crypto pairs, 50+ US share CFDs, 10+ indices, metals and energy CFDs.
- How can I withdraw money from FXGT in India?
- Cards, bank wire, e-wallets and crypto; INR/UPI rails not verified at review and may be constrained by RBI rules.
- What account types does FXGT offer?
- Mini, Standard+, Micro/Cent, Pro, ECN Zero and Optimus; commission-free except ECN Zero; min deposit from ~USD 5-50.
- Does FXGT offer a swap-free (Islamic) account?
- Yes. FXGT 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.