Tutorial

How to Deposit on Exness with UPI — Instant & Free

Updated March 2026 • 6 min read

Exness is the only major forex broker that offers both instant UPI deposits and instant UPI withdrawals for Indian traders. This makes it the fastest way to move money between your bank account and your trading account. In this guide, we walk through the entire Exness UPI deposit process, from account creation to placing your first trade.

Exness UPI Deposit at a Glance

Step 1: Register on Exness

Visit the Exness website and click "Register." Enter your email address and create a password. Select India as your country of residence. Exness will create your Personal Area where you manage deposits, withdrawals, and trading accounts.

Step 2: Verify Your Identity

Exness requires KYC verification before processing deposits. Upload your identity document (Aadhaar, passport, or PAN card) and proof of address. Exness uses automated verification and most accounts are verified within minutes during business hours.

Step 3: Choose Your Account Type

Exness offers several trading account types optimized for different trading styles:

• Standard Account — Spreads from 0.3 pips, no commission, best for beginners
• Raw Spread Account — Spreads from 0.0 pips, $3.50/lot commission, best for scalpers
• Pro Account — Spreads from 0.1 pips, no commission, instant execution
• Zero Account — 0.0 pips on top 30 pairs, $3.50/lot commission

Step 4: Make Your UPI Deposit

In your Exness Personal Area, click "Deposit" next to the trading account you wish to fund. Select "UPI" from the payment options. Enter your deposit amount in INR (minimum INR 300).

You will see a QR code on the next screen. Open Google Pay, PhonePe, Paytm, or any UPI app on your phone and scan the code. Confirm the amount and enter your UPI PIN. The deposit processes instantly, and your Exness trading balance updates within seconds.

Step 5: Start Trading

Download MT4 or MT5 from the Exness website or app store. Log in with your Exness trading account credentials. Your deposited funds are now available for trading across forex pairs, metals, energies, cryptocurrencies, and indices.

Instant Withdrawals: How It Works

The biggest advantage of Exness over other brokers is instant withdrawals. When you request a withdrawal via UPI, the money arrives in your linked bank account within seconds, not days. Here is how to withdraw:

1. Go to "Withdrawal" in your Exness Personal Area
2. Select UPI as the withdrawal method
3. Enter the withdrawal amount in INR
4. Confirm the transaction
5. Funds arrive in your bank account instantly

Note: Exness requires that you withdraw to the same payment method used for deposit. If you deposited via UPI, your withdrawal will be processed to the same UPI-linked bank account.

Exness vs XM: UPI Deposit Comparison

While both brokers accept UPI, there are key differences. Exness has a lower minimum deposit (INR 300 vs INR 500) and offers instant withdrawals. XM offers a $30 no-deposit bonus and has a wider selection of account types. For traders who value fast fund movement, Exness is the clear winner. For those who want bonus incentives and diverse account options, XM is the better choice.

Troubleshooting Exness UPI Deposits

Deposit not reflecting: Wait 2-3 minutes. If it still does not appear, check the deposit history in your Personal Area. Contact Exness live chat with your UPI reference ID if the issue persists.

UPI option not available: Ensure your Exness account country is set to India. If you registered with a different country, you may need to create a new account with the correct region.

Amount below minimum: The minimum UPI deposit is INR 300. Amounts below this will be rejected by the payment gateway.