73 brokers measured in Indiabroker data checked 27.08.2026
eToro logoeToroNOT served for retail onboarding. eToro does not accept Indian residents (blocked in most states).

eToro 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 eToro (India) Pvt. Ltd., register checked 09.07.2026

Score (6 of 6 axes scored)

3.11/ 5.0

ranked against full-basis brokers

  • Reviews25%50
  • Round-turn cost20%75
  • Safety20%0
  • Payouts15%no data
  • Track record10%95
  • Platforms10%no data

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.370 = 3.11 · axes on 0–100, total on 2.0–5.0

Key facts

Licence check

No SEBI registration; cross-border retail solicitation not offered.
No licence number published for Indiachecked 09.07.2026sebi.gov.in
Open an account with eToro

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

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

Who actually onboards you

Entity that onboards India residents
NOT served for retail onboarding. eToro does not accept Indian residents (blocked in most states).
Local standing
Blocked/unavailable in India as of 2026.
Licence as the register states it
No SEBI registration; cross-border retail solicitation not offered.
Leverage for this entity
Not applicable — not served.
The firm behind it
Founded 2007; NASDAQ-listed (ETOR) 2025; social/copy-trading + multi-asset.
What we hold against it
eToro lists India among restricted/unavailable countries; no plans to enter near-term. (Note: overseas forex/CFD trading by residents is also restricted under Indian FEMA rules.)

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.

No entity onboards residents hereNOT served for retail onboarding. eToro does not accept Indian residents (blocked in most states).Local or offshore not stated in the source · SEBI licence

Not applicable — not served.

—IN
India median, local entities: 1:50 · 18 of 20 stated

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

Client protection

  • Local entity onboards youBlocked/unavailable in India as of 2026.
  • 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
eToro, standard spread10
India median, all 65 priced7
India median, the 13 priced on the standard spread9

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 applicable — not served. 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 eToro 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 10 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 10 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 · 41 of 90 brokers do not publish it

Withdrawal time published (90 brokers)

6of 73
Published, hours6not published38eToro is one of the 6

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

Not applicable — not served.

    Account currency
    Not applicable — no INR accounts.
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(83 countries)

    AfghanistanAland IslandsAlbaniaAlgeriaAngolaAnguillaAntarcticaAntigua and BarbudaArmeniaArubaAzerbaijanBahamasBarbadosBelarusBelizeBeninBermudaBhutanBoliviaBonaireBosnia and HerzegovinaBotswanaBouvet IslandBruneiBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCentral African RepublicChadChagos IslandsChinaChristmas IslandCocos IslandsComorosCongo RepublicCook IslandsCote d’IvoireCrimea RegionCuracaoDemocratic Republic of the CongoDjiboutiDominicaEquatorial GuineaSaint BarthelemySaint HelenaSaudi ArabiaSenegalSerbiaSierra LeoneSint Maarten (Dutch Part)Solomon IslandsSomaliaSouth Georgia and the South Sandwich IslandsSouth SudanSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSyriaTajikistanTanzaniaThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUzbekistanVanuatuVatican CityVenezuelaVirgin Islands (British)

    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 eToro website
    The platform page on eToro's own site, captured for this review (07.10.2026)
    ClassCount
    Forex pairs65
    Shares9636
    Indices56
    Commodities78
    Crypto203

    Reviews(1 platform · 25% of the score)

    4.0/ 5
    Trustpilot rating
    5, 32,137
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.05, 32,137

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

    Pros and cons(2 for and 4 against, each tied to a figure on this page)

    For
    • Min deposit 10 USD, under the India median 15
    • Track record 95 of 100, its strongest of 6 scored axes
    Against
    • Round turn 10 USD on the standard basis, over the India median 7
    • No India authorisation on file: the entity that onboards you is licensed elsewhere
    • Withdrawal in 240 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)

    3.8
    BDSwiss
    Licensed elsewhere
    Round turn, USD
    10IN
    Min deposit, USD
    10 groupIN
    Leverage
    2000IN
    Rank in this country
    #17
    3.87
    Grand Capital
    Licensed elsewhere
    Round turn, USD
    9IN
    Min deposit, USD
    10IN
    Leverage
    500IN
    Rank in this country
    #13
    3.49
    Saxo Bank
    Licensed elsewhere
    Round turn, USD
    9IN
    Min deposit, USD
    0 groupIN
    Rank in this country
    #44
    3.78
    Forex.com
    Licensed elsewhere
    Round turn, USD
    10IN
    Min deposit, USD
    100 groupIN
    Rank in this country
    #21
    3.7
    Capital.com
    Licensed elsewhere
    Round turn, USD
    7IN
    Min deposit, USD
    10 groupIN
    Rank in this country
    #26
    4.14
    Interactive Brokers
    Locally licensed
    Round turn, USD
    5IN
    Min deposit, USD
    0 groupIN
    Rank in this country
    #2

    "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 measuredeToro
    Reviews25%Rating, volume and recency on one public review platform50
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median75
    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 filings95
    Platforms10%Which trading platforms the broker confirms for this country0

    FAQ

    Does eToro accept residents of India?
    No. Blocked/unavailable in India as of 2026. Onboarding entity: NOT served for retail onboarding. eToro does not accept Indian residents (blocked in most states).
    Is eToro licensed to serve clients in India?
    No SEBI registration; cross-border retail solicitation not offered. Checked on 09.07.2026.
    How much does one round turn cost at eToro?
    About 10.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
    How can I withdraw money from eToro in India?
    Not applicable — not served.
    What account types does eToro offer?
    Not applicable — not served.

    Cost calculator (median of 65 priced of 90)

    eToro, per month200.00 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