73 brokers measured in Indiabroker data checked 27.08.2026
Equiti logoEquitiNo Indian entity; not SEBI-registered. Any service would be via offshore licences.

Equiti in India — review, licence and costs

Written and checked by the Rupee Desk editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of IndiaOpened by Equiti (India) Pvt. Ltd., register checked 09.07.2026

Score (6 of 6 axes scored)

3.22/ 5.0

ranked against full-basis brokers

  • Reviews25%35
  • Round-turn cost20%90
  • Safety20%0
  • Payouts15%no data
  • Track record10%no data
  • Platforms10%50

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.407 = 3.22 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
No Indian entity; not SEBI-registered. Any service would be via offshore licences.
Founded
2008
Retail leverage
2000 group
Round turn
7 USDIN
Currencies
USD, EUR, GBP; no INR account.
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

SEBI · Stock broker registration
No licence number published for Indiachecked 09.07.2026sebi.gov.in
Open an account with Equiti

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

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

Who actually onboards you

Entity that onboards India residents
No Indian entity; not SEBI-registered. Any service would be via offshore licences.
Local standing
Not locally regulated in India; residents face regulatory restriction on offshore FX CFDs.
Licence as the register states it
No SEBI/RBI registration. Offshore FX/CFD trading to Indian residents is restricted under FEMA/RBI; only exchange-traded INR pairs via SEBI brokers are legal.
Leverage for this entity
N/A locally; offshore leverage not applicable to compliant Indian retail access.
The firm behind it
Equiti Group, founded 2008, HQ Amman (Jordan) & Dubai; MENA/Africa focus; multi-entity: FCA UK (Equiti Capital, FRN 528328), JSC Jordan (local), CMA Kenya (local, EGM Securities), UAE SCA, Seychelles FSA, CySEC.
What we hold against it
No India presence/registration; offshore FX CFDs restricted for Indian residents. Equiti not on any SEBI list. Restriction status: effectively not served/restricted.

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.

The entity that onboards youNo Indian entity; not SEBI-registered. Any service would be via offshore licences.Local or offshore not stated in the source · SEBI licence —
1:2000 group
India median, local entities: 1:50 · 18 of 20 statedGroup figure, not the local one

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

Client protection

  • Local entity onboards youNot locally regulated in India; residents face regulatory restriction on offshore FX CFDs.
  • 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
Equiti, raw spread plus commission7
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: Not offered under any Indian entity, offshore Classic/Standard/Premier only. 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 Equiti 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 7 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 · this broker 0 USD · 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 published38Equiti is one of the 6

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

No India-specific local rails verified;

    Account currency
    USD, EUR, GBP; no INR account.
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(12 countries)

    United StatesBelgiumCanadaJapanIsraelIranNorth KoreaCubaSyriaSudanBelarusRussia

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

    Platforms and markets(5 platforms)

    The platform page on the Equiti website
    The platform page on Equiti's own site, captured for this review (07.10.2026)
    • MT4
    • MT5
    • Equiti Trader app
    ClassCountMin spread
    MT4—1.4
    MT5—1.4
    Equiti Trader app—1.4
    Forex pairs60—
    Shares300—

    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 2000 IN.

    Reviews(1 platform · 25% of the score)

    3.7/ 5
    Trustpilot rating
    260
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20263.7260

    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)

    For
    • Min deposit 0 USD, under the India median 15
    • Swap-free account available
    • Round-turn cost 90 of 100, its strongest of 6 scored axes
    • 3 platforms: MT4, MT5, Equiti Trader app
    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 120 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)

    3.79
    Pepperstone
    Licensed elsewhere
    Round turn, USD
    7IN
    Min deposit, USD
    10 groupIN
    Leverage
    200IN
    Rank in this country
    #19
    3.9
    JustMarkets
    Licensed elsewhere
    Round turn, USD
    6IN
    Min deposit, USD
    10IN
    Leverage
    3000IN
    Rank in this country
    #11
    3.75
    Axi
    Licensed elsewhere
    Round turn, USD
    7IN
    Min deposit, USD
    0 groupIN
    Leverage
    500IN
    Rank in this country
    #24
    3.82
    BlackBull Markets
    Licensed elsewhere
    Round turn, USD
    6IN
    Min deposit, USD
    0 groupIN
    Leverage
    500IN
    Rank in this country
    #15
    3.87
    Grand Capital
    Licensed elsewhere
    Round turn, USD
    9IN
    Min deposit, USD
    10IN
    Leverage
    500IN
    Rank in this country
    #13
    4.01
    Finvasia
    Locally licensed
    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

    AxisWeightWhat is measuredEquiti
    Reviews25%Rating, volume and recency on one public review platform35
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median90
    Safety20%Local authorisation, the entity that onboards you, any regulator warning0
    Payouts15%Published withdrawal time, fees and the methods available in the country0
    Track record10%Years since the firm was founded, from its own filings90
    Platforms10%Which trading platforms the broker confirms for this country50

    FAQ

    Does Equiti accept residents of India?
    No. Not locally regulated in India; residents face regulatory restriction on offshore FX CFDs. Onboarding entity: No Indian entity; not SEBI-registered. Any service would be via offshore licences.
    Is Equiti licensed to serve clients in India?
    No SEBI/RBI registration. Offshore FX/CFD trading to Indian residents is restricted under FEMA/RBI; only exchange-traded INR pairs via SEBI brokers are legal. Checked on 09.07.2026.
    How much does one round turn cost at Equiti?
    About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
    What leverage does Equiti offer to retail clients in India?
    Up to 1:2000. All your online trading needs in one hi-tech dashboard Costs kept low $0 platform fees, leverage up to 1:2000 and spreads from 0.0 pips*.
    Which trading platforms does Equiti support?
    MT4, MT5, Equiti Trader app. Instruments: FX, indices, commodities, shares (CFDs) — offshore only.
    How can I withdraw money from Equiti in India?
    No India-specific local rails verified; INR deposits to offshore FX restricted.
    What account types does Equiti offer?
    Not offered under any Indian entity; offshore Classic/Standard/Premier only.
    Does Equiti offer a swap-free (Islamic) account?
    Yes. Equiti offers a swap-free (Islamic) account to India residents.

    Cost calculator (median of 65 priced of 90)

    Equiti, per month140.00 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