Best Prop Firms for Indian Traders (2026)

Open gap: No completed Indian checkout, FTMO Identity approval, or payout receipt has been independently verified.

FTMO appears as item 13 on the RBI Alert List. RBI says listed entities are not authorised to deal in forex under FEMA or operate a forex electronic trading platform.

India is absent from FTMO's named country and territory restrictions; sanctions-list and conditional-residency checks still apply.

FTMO publishes card, PayPal, Revolut Pay, Skrill, crypto, and bank-wire payment methods, but a successful Indian checkout is not independently tested.

FTMO Identity requests a passport or national ID, proof of address issued within 6 months, and usually reviews personal profiles within 1 business day.

Published rails are bank wire, Visa Direct or Mastercard Send, Skrill, and crypto; Indian bank, card, and wallet delivery remain untested.

FTMO publishes no withdrawal commission, with minimum closed profit of $20 for bank wire and $50 for crypto because of transaction costs.

The captured FTMO Challenge fees are published in EUR even when the selected account balance is denominated in USD, creating an INR-to-EUR entry conversion.

Open gap: No completed Indian card checkout or payout receipt has been independently verified.

FundedNext appears as item 83 on the RBI Alert List. RBI says listed entities are not authorised to deal in forex under FEMA or operate a forex electronic trading platform.

India is absent from the 20-country CFD restriction list published on 2026-04-08.

International card checkout names Visa, Mastercard, and Amex and requires the cardholder name to match; a successful Indian-card transaction is not independently tested.

Physical national ID, passport, or residence permit plus liveness; review is usually 48 hours and profile KYC renews every 90 days.

USDT/USDC starts at $20, Rise at $50, and bank transfer at $1,000; the exact rail offered to an Indian profile must be confirmed.

The payout provider may deduct processing fees up to 3.5%, before any INR conversion cost.

Global challenge list prices are in USD; cTrader or Match-Trader can add a non-refundable $25 platform fee.

Open gap: No completed Indian checkout, KYC approval, or payout receipt is verified; the 2 disputed $2.5K tiers and Indian bank, card, or Rise payout availability remain unresolved.

FundingPips was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

FundingPips says it serves 195+ countries, explicitly names Iran, Vietnam, and the UAE as restricted, and offers INR as an account currency; sanctions screening still applies.

FundingPips publishes card, Google Pay, Apple Pay, Neteller, Skrill, Paysafe, crypto, and PayPal methods, with availability and fees varying by region.

Post-evaluation KYC requests government ID, proof of address issued within 3 months, and a selfie; manual review can take up to 2 working days.

Crypto is the only published payout rail without a selected-region qualifier that excludes India from the displayed bank and card country lists.

FundingPips says crypto exchange, network, and processing costs are deducted, but does not publish a fixed India-specific total.

INR is available as an account currency. FundingPips' 10 August 2026 first-party comparison exposes 27 USD list prices, while the final INR card conversion and 2 disputed $2.5K tiers remain unresolved.

Open gap: No completed Indian card checkout, SumSub approval, or payout receipt has been independently verified.

Bright Funded was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from both captured first-party lists. The 2 lists conflict: the help article names 6 restricted countries, while the Terms name 5 and omit Pakistan, so list completeness remains unresolved.

Bright Funded documents card purchases and warns that processors may reject a cardholder-name mismatch; Indian-card acceptance is not independently tested.

SumSub typically requires government ID and proof of address; accepted documents can vary by country and a risk review follows KYC.

Published rails are EUR bank transfer and USDC on ERC-20; availability to the trader's Indian bank or wallet must be confirmed.

Bright Funded says it adds no payout fee, but third-party network, bank, or FX charges can be $5–$50 in some cases.

Challenge list fees are in EUR while account balances are stated in USD, creating an entry-side FX variable for INR buyers.

Open gap: No completed Indian card checkout, dual KYC approval, or Rise payout receipt has been independently verified.

FXIFY was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from the current 35-jurisdiction restriction list shown across FXIFY's support pages.

Terms permit payment card and other currently offered methods; a successful Indian-card transaction is not independently tested.

SumSub requires ID, proof of address issued within 3 months, and a live image; Rise verification is also required for withdrawals.

All standard requests use Rise, have a $50 minimum, and are usually processed within 3 business days after both verifications.

FXIFY says there are no hidden assessment fees, but its Instant Funding FAQ warns that Rise may charge a withdrawal fee without publishing the amount.

Challenge fees are based in USD; choosing another currency uses FXIFY's current conversion rate at checkout.

Open gap: No completed Indian checkout, Veriff approval, or Rise, Wise, or SWIFT payout receipt is independently verified; provider and INR conversion fees are unpublished, and several live product prices remain inaccessible or ambiguous.

Alpha Capital was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from Alpha Capital's current 24-jurisdiction restriction list; nationality, residence, sanctions, and document checks still apply.

Alpha Capital documents card, cryptocurrency, and PayPal purchases and requires the payment identity to match KYC, but an Indian checkout is not independently tested.

Veriff KYC requires a government-issued passport, ID card, or driving licence plus a live selfie; the account holder must complete the check without a VPN or VPS.

Published rails are Rise, Wise, and bank transfer by WIRE, ACH, or SWIFT, with firm-side processing stated as up to 2 business days; delivery to an Indian profile remains untested.

Bi-weekly requests have a $100 gross minimum, but Alpha Capital does not publish the bank, Wise, Rise, or INR conversion charges an Indian recipient may face.

Captured evaluation sizes and list prices are published in USD; the live checkout remains the final source for promotions and the amount converted from INR.

Open gap: No completed Indian checkout, Veriff approval, WorkMarket bank receipt, or Rise cash or crypto receipt is independently verified; provider and INR conversion fees remain unpublished, and E8 One tiers above $50,000 are excluded for India.

E8 Markets was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

E8 publishes India as a limited-product country: E8 Pro and E8 Signature at all sizes, and E8 One only up to $50,000; eligibility follows the verification document rather than current location.

E8 publishes major credit and debit cards plus cryptocurrency checkout, but a successful Indian card or crypto purchase is not independently tested.

Veriff accepts a passport, ID card, driving licence, or residence permit; a post-challenge manual check is normally completed within 24 hours.

Published providers are WorkMarket for bank transfer and Rise for cash or cryptocurrency; E8 says no direct crypto payout exists outside its partners, and Indian onboarding remains untested.

E8 publishes a $100 minimum request and no firm commission, but WorkMarket or Rise can charge a method-dependent provider fee that is not fixed for India.

Captured E8 One, E8 Pro, and E8 Signature list prices are published in USD; the live checkout remains the final source for the INR conversion and custom options.

Open gap: No completed Indian checkout, SumSub approval, bank payout, or direct-crypto payout receipt is independently verified; the live checkout mix and crypto or INR conversion fees remain unpublished.

City Traders Imperium was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from CTI's current 5-jurisdiction restriction statement; sanctions and local-law screening remain conditional, and an older terms PDF omits Russia from its shorter list.

CTI's terms document bank-transfer invoicing and payment-provider transaction charges, but the methods presented to an Indian checkout are not independently tested.

SumSub KYC requests a government ID with at least 3 months remaining, proof of address issued within 3 months, and a live photo or video selfie.

CTI publishes bank transfer and direct cryptocurrency wallet payouts, with requests processed after KYC and rule review; delivery to an Indian bank or wallet remains untested.

CTI publishes fee-free bank transfers while cryptocurrency can carry service or network charges, but it does not publish an India-specific crypto or INR conversion total.

Captured CTI challenge and funding-program account sizes and list fees are published in USD; no fixed INR conversion is inferred.

Open gap: No completed Indian credit-card checkout, Veriff approval, or Rise payout receipt is independently verified; the exact Rise withdrawal route and any INR conversion cost remain unpublished.

Maven was not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from Maven's current 25-country restriction list; the terms also condition service on local law, sanctions, KYC, and third-party availability.

Maven publishes credit-card and other checkout options and requires the cardholder name to match KYC, but a successful Indian-card purchase is not independently tested.

Veriff KYC accepts a passport, driving licence, residence permit, or ID card and requires the personal details and payment card to belong to the trader.

Maven explicitly places India in its Rise-or-other-options group rather than the named direct-bank group; the exact Indian Rise cash or crypto route remains untested.

Maven publishes a $20 fee for payments through Rise; any charge for an unnamed alternative or INR conversion remains outside the captured claim.

Captured Maven account sizes, challenge fees, pay-later amounts, and the $20 Rise fee are published in USD.

Open gap: No completed Indian checkout, KYC approval, Rise or Plane onboarding, or Indian bank or crypto payout receipt is independently verified; current promotional checkout prices and INR conversion costs remain variable.

Tradeify and Tradeify Holdings Corp were not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from Tradeify's complete restriction list and its sim-only list; Tradeify also publishes a dedicated guide addressing Indian futures traders.

Tradeify markets its one-time Growth, Select, and Lightning purchases to Indian traders, but a completed Indian card or alternative-method checkout is not independently tested.

Rise onboarding requests government ID, selfie, address and an international Tax ID; successful Indian Tradeify and payout-provider verification remain untested.

Tradeify explicitly describes Rise bank and crypto withdrawals for Indian traders and publishes Plane as an alternative provider; no Indian receipt is independently verified.

Tradeify describes the Rise Receive Payments account as free, but does not publish a fixed Indian bank, crypto, intermediary, or INR conversion total.

All 16 captured Tradeify product-path tiers use the 12 USD base prices published for Growth, Select, and Lightning; no stale INR conversion is stored.

Open gap: No completed Indian checkout, funded-stage broker, clearing-firm or Riseworks KYC approval, Riseworks invitation, Indian bank-wire or crypto payout receipt, or INR settlement has been independently verified. The final order currency, payment-method availability, FX, tax and processor costs, and variable country or bank surcharges remain unknown. The displayed fees are a 55%-off campaign, and first-party pages conflict on the refund due after a funded-stage KYC failure. Absence from the RBI Alert List is not authorisation.

TradeDay, TradeDay LLC, and tradeday.com were not found in the RBI Alert List dated 2025-11-19. RBI explicitly says absence from the list must not be treated as authorisation.

India is absent from TradeDay's current 81-name outright prohibition list; the restriction test applies to citizenship, residence, and prolonged predominant trading location. Germany and Canada outside Ontario are separately limited to Funded Sim rather than blanket-banned.

TradeDay publishes credit and debit card billing through NMI or Braintree, plus Google Pay, Apple Pay and PayPal, but no Indian payment attempt or final order total was independently tested.

Funded onboarding runs broker, clearing-firm and Riseworks KYC/AML and requires a government-issued ID plus a bank statement or utility bill as address proof; this records the published documents, not successful Indian approval.

TradeDay publishes Riseworks bank-wire and crypto withdrawals after a post-evaluation invitation; Indian provider onboarding, bank acceptance, wallet delivery and receipt remain untested.

TradeDay publishes $15 per international bank wire, $2.50 plus gas for L1 crypto and no fee for L2 crypto; it warns that country- and bank-related charges can be added.

TradeDay's 9 unique product-size combinations across 18 platform cards display dollar-denominated monthly fees from $59 to $225, but the Indian checkout's settlement currency, INR conversion and card-issuer charges remain untested.