1. General Provisions
1.1 These Policy Guidelines (“Guidelines”) are applicable to all traders residing in the Republic of India (“Indian Traders”) who use Exness services, platforms, and products.
1.2 Indian Traders must comply with both these Guidelines and the general Exness Client Agreement.
1.3 Exness reserves the right to modify these Guidelines at any time. Modifications will be effective immediately upon publication on the Exness website.
2. Account Verification Requirements
2.1 In compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, Indian Traders must complete full verification by submitting:
- a) Permanent Account Number (PAN) Card
b) Proof of Identity (Aadhaar Card, Passport, or Voter ID)
c) Proof of Address (issued within the past 3 months)
d) Selfie with ID document
e) Additional documentation as may be requested
2.2 Documents must be clear, complete, unaltered, and show all corners and edges.
2.3 All submitted information must precisely match across all documentation.
3. Deposit and Withdrawal Policies
3.1 All financial transactions must originate from and be directed to accounts in the Indian Trader’s name only.
3.2 Third-party transactions are strictly prohibited and will result in funds being returned and possible account limitations.
3.3 Indian Traders acknowledge that all transactions are conducted in compliance with the Liberalized Remittance Scheme (LRS) limits established by the Reserve Bank of India.
3.4 The minimum deposit amount for Indian accounts is ₹1,000 or equivalent.
3.5 Withdrawal requests are processed according to the First-In-First-Out (FIFO) principle in accordance with RBI guidelines.
4. Regulatory Compliance
4.1 Indian Traders acknowledge their obligation to comply with all applicable Indian laws, including but not limited to:
- a) Foreign Exchange Management Act, 1999 (FEMA)
b) Income Tax Act, 1961
c) Prevention of Money Laundering Act, 2002 (PMLA)
d) RBI regulations concerning foreign exchange transactions
4.2 Indian Traders are solely responsible for reporting and paying any applicable taxes on profits generated through Exness.
4.3 Exness may share trader information with Indian regulatory authorities as required by law.
5. Restricted Activities
5.1 Indian Traders are prohibited from:
- a) Creating multiple accounts under different identities
b) Using VPN or proxy services to disguise their location
c) Engaging in arbitrage or exploitation of platform errors
d) Using the platform for purposes other than legitimate trading
e) Conducting transactions that may violate Indian law
5.2 Violation of these restrictions may result in account termination and fund seizure.
6. Account Limitations
6.1 Accounts showing suspicious activity patterns may be subject to temporary restrictions pending investigation.
6.2 Indian Traders may experience specific product limitations based on regulatory requirements.
6.3 Trading volume and leverage restrictions may apply in accordance with risk management policies.
7. Contact and Dispute Resolution
7.1 Indian Traders may contact Exness through official channels only, as specified on the Exness website.
7.2 All disputes shall be resolved according to the Complaints and Disputes section of the Client Agreement.
