FxPro's websitePrabhudas Lilladher in India — review, licence and costs
Score (3 of 6 axes scored)
shown, not ranked: only 40% of the weight has data, need 55%
- Safety20%100
- Track record10%no data
- Platforms10%15
Numbered by weight: axis 1 counts for most.
Key facts (4 facts)
- Onboarding entity
- Prabhudas Lilladher Pvt. Ltd
- Founded
- 1944
- Currencies
- INR.
- Swap-free account
- no
Licence check
The broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- Prabhudas Lilladher Pvt. Ltd
- Local standing
- SEBI-regulated domestic full-service broker.
- Licence as the register states it
- SEBI-registered stock broker; member NSE/BSE/MCX; NSDL/CDSL DP.
- Leverage for this entity
- Intraday margin; MTF (loan against shares/margin funding) offered; under SEBI peak-margin rules.
- The firm behind it
- Founded 1944 by Prabhudas Lilladher Sheth; one of India's oldest brokerages; rebranded PL Capital; led by Amisha Vora.
- What we hold against it
- No major SEBI actions verified at review.
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.
Intraday margin; MTF (loan against shares/margin funding) offered; under SEBI peak-margin rules.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youSEBI-regulated domestic full-service broker.
- 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.
Accounts
Account types the broker names for this country: Demat+Trading (2-in-1), DP schemes Standard/Super-Saver/Lifetime. 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 Prabhudas Lilladher sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts(1 method)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| UPI | 24 | — | 0 | 50 |
Deposit and withdrawal methods (1 methods · 1 local)
UPI, net-banking.
- UPIlocal
- Account currency
- INR.
- Fee declared
- 1 of 1 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- PL Digi Trade app
- PL Digi MF
- TradePlus
- Tradeclue
- web
- desktop
Pros and cons(3 for and 4 against, each tied to a figure on this page)
- Authorised by the India regulator in its own register
- Safety 100 of 100, its strongest of 3 scored axes
- 6 platforms: PL Digi Trade app, PL Digi MF, TradePlus, Tradeclue
- Round-turn cost not priced: the pair of spread and commission is not published
- Withdrawal time not published
- Platforms 15 of 100, its weakest of 3 scored axes
- Not scored on reviews, round-turn cost, payouts: the broker publishes no figure we could read
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 5IN
- Min deposit, USD
- 0 groupIN
- Rank in this country
- #2
- Round turn, USD
- 4IN
- Rank in this country
- #4
- Round turn, USD
- 10IN
- Min deposit, USD
- 100 groupIN
- Rank in this country
- #21
- Round turn, USD
- 2IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 500IN
- Rank in this country
- #23
- Round turn, USD
- 7IN
- Min deposit, USD
- 10 groupIN
- Rank in this country
- #26
- Round turn, USD
- 6IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 500IN
- Rank in this country
- #15
"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
| Axis | Weight | What is measured | Prabhudas Lilladher |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | — |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 100 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | — |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 15 |
— the broker does not publish this figure; it is not read as a zero and it is not scored.
FAQ
- Does Prabhudas Lilladher accept residents of India?
- Yes. SEBI-regulated domestic full-service broker. Onboarding entity: Prabhudas Lilladher Pvt. Ltd
- Is Prabhudas Lilladher licensed to serve clients in India?
- SEBI-registered stock broker; member NSE/BSE/MCX; NSDL/CDSL DP. Checked on 09.07.2026.
- Which trading platforms does Prabhudas Lilladher support?
- PL Digi Trade app, PL Digi MF, TradePlus, Tradeclue, web, desktop. Instruments: Equity, F&O, currency, mutual funds, IPO, PMS, insurance, bonds.
- How can I withdraw money from Prabhudas Lilladher in India?
- UPI, net-banking.
- What account types does Prabhudas Lilladher offer?
- Demat+Trading (2-in-1); DP schemes Standard/Super-Saver/Lifetime.
- Does Prabhudas Lilladher offer a swap-free (Islamic) account?
- No. Prabhudas Lilladher publishes no swap-free (Islamic) account for India.