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Prop firms for traders in India

Which prop firms accept traders from India, how to pay the challenge fee and receive payouts, and the RBI rules to read first. Sourced and dated, no advice.

Short answer

Several prop firms accept traders who live in India: E8 Markets lists India as accepted (E8 One capped at $200,000), and FTMO announced in December 2025 that it is open to Indian traders. Payment methods, payout methods and country rules differ by firm and change often, so confirm them at checkout. These firms fund US futures and global CFDs, not NSE or BSE trading, and the RBI's rules on forex and overseas remittances are worth reading before you pay.

What a prop firm is, in one minute

A prop firm (proprietary trading firm) sells an evaluation, usually called a challenge. You pay a fee, trade an account under fixed rules — a profit target, a maximum drawdown, a daily loss limit — and if you pass, you get a funded account and a share of the profits, the profit split, paid out as payouts.

Most accounts fail on a loss limit, not on the target. Start with every prop firm rule explained and how to pass a challenge.

Firms and India: what we could verify

Market, list price and split come from each firm's page on Propbook. The India column only shows what a public source says, with its date; a dash means we found no official statement — ask the firm before you pay.

FirmMarket50K fromSplitIndia
E8 MarketsCFD$21880%Accepted, with limitsIndia is not on its restricted-country lists; the E8 One account is capped at $200,000 of allocation for Indian residents. Source
FTMOFutures & CFD$119/mo90%Open to IndiaAnnounced on 4 December 2025 that it is available to traders in India. Source
FundedNextFutures & CFD$141.9995%Check with the firmIts help centre says a 'Local Payment' option appears at checkout when it is supported in your country. It does not name UPI or India. Source
Alpha Capital GroupCFD—90%—
Alpha FuturesFutures$129/mo90%—
Apex Trader FundingFutures$197/mo100%—
AquaFundedFutures & CFD$16890%—
Audacity CapitalCFD$32990%—
Blue GuardianFutures & CFD$16290%—
BulenoxFutures$14390%—
City Traders ImperiumCFD$299100%—
DayTraders.comFutures$50100%—
Earn2TradeFutures$170/mo——
Elite Trader FundingFutures———
FintokeiCFD$29990%—
Funded Trading PlusCFD$31980%—
Funding TradersCFD$259100%—
FundingPipsCFD$249100%—
FXIFYCFD—90%—
Goat Funded FuturesFutures$238100%—
Instant FundingCFD—90%—
Leeloo TradingFutures$280/mo——
Lucid TradingFutures$11590%—
Maven TradingCFD$17090%—
MyFundedFuturesFutures$15390%—
OneUp TraderFutures$75/mo90%—
Phidias PropfirmFutures$164/mo100%—
Phoenix Trader FundingFutures$128/mo——
Purdia CapitalFutures$179/mo90%—
Take Profit TraderFutures$170/mo90%—
The Trading PitFutures & CFD$9980%—
The5ersCFD$279100%—
Top One FuturesFutures$18990%—
TopstepFutures$49/mo90%—
TradeDayFutures$131/mo90%—
TradeifyFutures$14590%—

Information only, checked on November 3, 2026. Not legal, tax or financial advice. Futures and CFD trading carries a high risk of loss.

Paying the challenge fee from India

Firms list their payment methods at checkout: card is the common one, and some add crypto or a local payment option that depends on your country. We have not found an official page from a firm on Propbook that names UPI — if UPI matters to you, check the checkout page or ask the firm's support.

A card payment to a firm abroad is an international transaction: your bank may apply its own limits and fees. Ask your bank before you pay, not after.

Receiving payouts in India

Each firm sets its payout methods (bank transfer, a payment platform such as Rise or Deel, or crypto) together with its payment provider, and a provider may support India for one method and not another. Read the firm's payout page for India before you buy the challenge.

Keep a record of every fee you pay and every payout you receive: you will need both for your own accounts and taxes. Payout rules themselves (buffer, consistency rule, qualifying days) are explained in prop firm payout rules.

Not the Indian stock market

The firms on Propbook fund trading on US futures (CME contracts such as NQ and ES) or on CFDs through platforms like MetaTrader, cTrader or TopstepX. They are not Indian brokers and do not give access to NSE or BSE. If you want to trade Nifty or Bank Nifty with your own capital, that is a different product, with SEBI-registered brokers.

Rules in India: what the RBI says

The Reserve Bank of India says resident persons may undertake forex transactions only with authorised persons and for permitted purposes, on electronic trading platforms authorised by the RBI or on recognised stock exchanges, and that remittances for margins to overseas exchanges or overseas counterparties are not permitted; it warns that other transactions can lead to penal action under FEMA (press release 2021-2022/1660, 3 February 2022). The RBI also publishes an Alert List of unauthorised forex trading platforms.

Under the Liberalised Remittance Scheme (LRS), a resident individual can remit up to USD 250,000 per financial year for permitted purposes.

We found no RBI or SEBI ruling that addresses prop firm evaluations by name, so we cannot tell you how these rules apply to your case. Payouts from abroad are income you may have to declare in India. Propbook is not a law firm or a tax adviser: ask a chartered accountant (CA) or a lawyer about your own situation.

Questions from Indian traders

Can I join a prop firm from India?

Yes, several accept residents of India. E8 Markets lists India as accepted, with E8 One capped at $200,000 of allocation, and FTMO announced India access in December 2025. Each firm keeps its own country list and can change it: check it before paying.

Can I pay the challenge fee with UPI?

Some firms show a local payment option at checkout depending on your country, but we have not found an official page from a firm on Propbook that names UPI. Check at checkout or ask the firm's support.

How do I receive prop firm payouts in India?

Through the methods the firm offers for India — bank transfer, a payment platform or crypto, depending on the firm and its provider. Check the firm's payout page for India before you buy.

Is prop firm trading legal in India?

We found no RBI or SEBI ruling on prop firm evaluations by name. The RBI limits forex transactions by residents to authorised persons, permitted purposes and authorised platforms, and does not permit margin remittances to overseas counterparties. For your own case, ask a lawyer or a chartered accountant.

Are prop firm payouts taxed in India?

Payouts received from abroad are income you may have to declare. How they are taxed depends on your situation: ask a chartered accountant. Propbook gives no tax advice.

Can I trade Nifty or Bank Nifty with a prop firm?

Not with the firms listed on Propbook: they fund US futures and CFDs on their own platforms, not trading on NSE or BSE.

Keep reading

Information only, checked on November 3, 2026. Not legal, tax or financial advice. Futures and CFD trading carries a high risk of loss.

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