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More about OANDA
Broker availability
Is OANDA Available in 🇮🇳 India?
Yes — OANDA is available in India
OANDA accepts clients from India. Regulated by KNF & ASIC.
Availability last verified: October 2026
Broker availability in 🇮🇳 India
155 / 341 brokers155 out of 341 brokers in our database accept clients from India (45% availability). See all available brokers →
Is OANDA the right fit for you?
Get matched to brokers for your country, market and style — free, ~30 seconds.
OANDA vs alternatives in 🇮🇳 India
| Regulator | KNF, ASIC | FCA, CySEC | FCA, ASIC | Labuan FSA, CIMA |
| Min. deposit | $0 | $100 | $100 | $5 |
| Spread from | 0.6 pips | 1 pips | 0.6 pips | 0.5 pips |
| Max leverage | 50 | 500 | 500 | 1000 |
| Available | ✓ Yes | ✓ YesOpen Account | ✓ YesOpen Account | ✓ YesOpen Account |
Why choose OANDA in 🇮🇳 India?
Min. deposit
$0
Spread from
0.6 pips
Max leverage
50
BrokerRank score
4.34 / 5
- Historical data and API access
- Trusted since 1996
- Available in the US
- No minimum deposit
- Regulated by KNF & ASIC — legally available to India residents under SEBI (Securities and Exchange Board of India)
Trading conditions in 🇮🇳 India
Regulated by SEBI (Securities and Exchange Board of India). Max forex leverage: Not permitted for retail. Permitted instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
Other recommended brokers available in 🇮🇳 India
Comparing OANDA with other brokers available to India traders.
- No commissions on spreads
- FCA, ASIC and CySEC regulated
- Islamic accounts available
- FCA regulated with strong reputation
- Supports MT4, MT5, and own platform
- Negative balance protection
- 24/7 trading on synthetic indices
- No commission on most products
- Very low minimum deposit ($5)
- Negative balance protection
- No deposit/withdrawal fees
- Very low minimum deposit ($5)
About OANDA
Regulated by
KNF, ASIC
Headquarters
New York, USA
Founded
1996
Min. deposit
$0
BrokerRank score
4.34 / 5
Markets
cfd, commodities, indices
Frequently Asked Questions
1Is OANDA available in India?
Yes — OANDA accepts clients from India. The broker is regulated by KNF and ASIC. You can open a live account directly through their website.
2What are the best alternatives to OANDA for India traders?
Brokers we recommend in India include ForTrade, FxPro, Deriv. All are verified to accept clients from India and are regulated by reputable authorities.
3Can I use a VPN to access OANDA from India?
Using a VPN to circumvent geo-restrictions violates OANDA's terms of service and can result in account closure or frozen funds. It also leaves you without regulatory protection. We strongly recommend using a broker that is properly licensed to serve your country.
4Is forex trading legal in India?
Retail forex trading through offshore brokers is not officially permitted in India. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted. Traders in India should use locally licensed and regulated brokers.
5What leverage is available for traders in India?
Forex: up to Not permitted for retail. Stocks: up to 1:5 (equity). These limits are set by SEBI (Securities and Exchange Board of India) and apply to all licensed brokers serving India residents. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
6Which financial instruments can traders in India access?
Traders in India regulated by SEBI (Securities and Exchange Board of India) can access the following instruments: Stocks, Futures, Options, Mutual funds. Retail forex trading through offshore brokers is technically illegal under FEMA. Only INR-paired forex futures on NSE/BSE are permitted.
7Which brokers accept clients from India?
155 out of 341 brokers in the BrokerRank database accept clients from India. Recommended options include ForTrade, FxPro, Deriv. You can see the full list on our India brokers page.