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No Regulation
Score
1.56 /10
Danger
INDIRA
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
C
Add brokers
Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.42
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
Check whenever you want
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Warning: Low score, please stay away!
2
Previous Detection :
2025-09-17
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
Data Source 
WikiFX Data provide
WikiFX Data provideUpdated: 2025-09-17
| INDIRA Review Summary | |
| Founded | 1987 |
| Registered Country/Region | India |
| Regulation | No Regulation |
| Product & Services | EQUITY, COMMODITIES, DERIVATIVES, ALGO, IPO, CURRENCY, MUTUAL FUNDS, and THEMATIC INVESTMENT |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | Tradeinsta platform |
| Minimum Deposit | / |
| Customer Support | Live chat |
| Phone: +91-(0)731-4797170/171/172, 7970007871 | |
| Email: customercare@indiratrade.com | |
| Address: 104-105-204-304Amar Darshan, 28/02,OldPalasia, Saket Nagar,Indore, Madhya Pradesh 452018 | |
INDIRA, established in 1987 and based in India, is an unregulated financial services firm offering a wide array of products and services such as EQUITY, COMMODITIES, DERIVATIVES, ALGO, IPO, CURRENCY, MUTUAL FUNDS, and THEMATIC INVESTMENT. However, there is limited information available regarding accounts and trading fees. It only provides a Tradeinsta Mobile App and claims to have “World Class Trading Platforms”. Popular platforms like MT4 and MT5 are not available.
Pros and Cons
| Pros | Cons |
| Multiple customer support channels | No regulation |
| A wide range of products and services | Limited info on accounts |
| Limited info on trading fees | |
| No demo accounts | |
| MT4 & MT5 unavailable |
Is INDIRA Legit?
Currently, INDIRA lacks valid regulation. Its domain was registered on Mar 10, 2005, and the current status is “client Transfer Prohibited”. Please be aware of the risks!
What Can I Trade on INDIRA?
INDIRA provides not only products but also investment services. You can trade with EQUITY, COMMODITIES, DERIVATIVES, ALGO, IPO, CURRENCY, MUTUAL FUNDS, and THEMATIC INVESTMENT.
| Product & Services | Supported |
| Currencies | ✔ |
| Commodities | ✔ |
| Equities | ✔ |
| Derivatives | ✔ |
| ALGO | ✔ |
| IPO | ✔ |
| Mutual Funds | ✔ |
| Thematic investment | ✔ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Tradeinsta Platform | ✔ | Mobile, Desktop | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
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