Guide
Updated April 2026 · 8 min read
Complete guide to upi deposit limit per day for Indian forex traders using UPI deposits on Exness and XM. Both Exness and XM accept UPI deposits from Indian traders with instant processing and zero fees. This guide covers everything you need to know about upi deposit limit per day in 2026.
| Feature | Exness | XM |
|---|---|---|
| Min UPI Deposit | ₹840 (~$10) | ₹400 (~$5) |
| Deposit Speed | 5-12 seconds | 10-20 seconds |
| Deposit Fee | Free | Free |
| Signup Bonus | None | $30 no-deposit |
| EUR/USD Spread | 0.6 pips (Std) | 0.6 pips (Ultra Low) |
| Withdrawal Speed | 22 seconds (e-wallet) | 24 hours |
| Max Leverage | Unlimited | 1:1000 |
| Instruments | 200+ | 1,000+ |
| Regulation | FCA, CySEC | CySEC, ASIC |
| UPI Apps Supported | Google Pay, PhonePe, Paytm, BHIM | Google Pay, PhonePe, Paytm, BHIM |
The INR amount is automatically converted to USD at the interbank exchange rate with zero markup. Both brokers charge no fees for UPI deposits. You can start trading immediately after the deposit is credited.
| UPI App | Per Transaction | Per Day | Notes |
|---|---|---|---|
| Google Pay | ₹1,00,000 | ₹1,00,000 | Standard NPCI |
| PhonePe | ₹1,00,000 | ₹1,00,000 | Standard NPCI |
| Paytm (Full KYC) | ₹1,00,000 | ₹1,00,000 | Min KYC = lower |
| BHIM | ₹1,00,000 | ₹1,00,000 | Standard NPCI |
See full limits guide.
UPI daily transaction limits are set by your issuing bank, not by the forex broker. Here are the current limits for major Indian banks:
| Bank | Per Transaction Limit | Daily Limit | Monthly Limit |
|---|---|---|---|
| SBI (State Bank of India) | ₹100,000 | ₹100,000 | No cap |
| HDFC Bank | ₹100,000 | ₹200,000 | No cap |
| ICICI Bank | ₹100,000 | ₹100,000-200,000 | No cap |
| Axis Bank | ₹100,000 | ₹200,000 | No cap |
| Kotak Mahindra | ₹100,000 | ₹200,000 | No cap |
| PNB | ₹100,000 | ₹100,000 | No cap |
| Bank of Baroda | ₹100,000 | ₹100,000 | No cap |
| IndusInd Bank | ₹200,000 | ₹200,000 | No cap |
| YES Bank | ₹100,000 | ₹100,000 | No cap |
Most banks cap individual UPI transactions at ₹100,000. To deposit more, either make multiple transactions or use NEFT/IMPS bank transfer, which has higher limits (₹500,000+ per transaction on most banks).
| Broker | Min UPI Deposit | Max UPI Deposit | Daily Deposit Cap | Monthly Deposit Cap |
|---|---|---|---|---|
| Exness | ₹840 (~$10) | ₹100,000 per transaction | No broker-side cap | No cap |
| XM | ₹400 (~$5) | ₹100,000 per transaction | No broker-side cap | No cap |
Neither Exness nor XM imposes a daily cap on deposits from their side. The limit you hit is always your bank's UPI limit. You can make multiple UPI deposits per day — each one is a separate transaction.
| UPI App | Per Transaction | Daily Limit | Notes |
|---|---|---|---|
| Google Pay | ₹100,000 | ₹100,000 (bank dependent) | Most widely accepted on broker QR codes |
| PhonePe | ₹100,000 | ₹100,000-200,000 | Fastest scan-and-pay for QR codes |
| Paytm | ₹100,000 (KYC complete) | ₹100,000 | Requires full KYC for high limits |
| BHIM | ₹100,000 | ₹100,000 | Government app, reliable but basic |
| Amazon Pay | ₹100,000 | ₹100,000 | Works with most UPI broker integrations |
If you need to deposit more than the standard UPI limit, here are your options:
| Trading Capital | Recommended Deposit Method | Frequency |
|---|---|---|
| ₹840-10,000 | Single UPI deposit | Weekly or as needed |
| ₹10,000-50,000 | Single UPI deposit | Monthly rebalance |
| ₹50,000-100,000 | Single UPI (under limit) | Monthly |
| ₹100,000-200,000 | 2x UPI deposits or NEFT | Monthly |
| Above ₹200,000 | NEFT bank transfer | Monthly |
XM at ₹400 (~$5) plus a $30 no-deposit bonus. Exness requires ₹840 (~$10) minimum.
Yes, both Exness (5-12 sec) and XM (10-20 sec) process UPI deposits in real time.
No, completely free. No fees from broker, bank, or UPI app. Conversion at interbank rate with zero markup.
Risk Disclaimer: Trading forex and CFDs involves significant risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Verify that forex trading is legal in your jurisdiction before opening an account. This article contains affiliate links.