No tournaments currently indexed for India residents matching these filters.
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Frequently asked questions about India
Why don't Indian stock brokers run trading tournaments?
SEBI investor-protection circulars discourage gamification of trading. Following this guidance, Indian brokers including Zerodha, Upstox and Groww have stepped back from PnL-leaderboard contests. Reading-material competitions and educational quizzes still run, but cash-prize trading leagues from SEBI-registered brokers are effectively blocked.
How are crypto tournament winnings taxed in India?
Crypto gains are taxed at a flat 30% under Section 115BBH of the Income Tax Act, with no offset for losses across assets. A 1% TDS under Section 194S applies on each transaction above the legal threshold. Tournament prize income from crypto exchanges follows the same treatment when the prize is paid in a Virtual Digital Asset.
Can Indians enter FTMO and other US/EU prop firms?
Yes — FTMO, FundedNext and Apex Trader Funding accept Indian residents per their public terms. Funding payouts to Indian bank accounts may take longer than to EU/US accounts and can require additional KYC documentation. Verify each firm's current jurisdiction list before paying for an evaluation.
Are Bybit, OKX, Binance available to Indian residents?
Access has fluctuated. Following FIU-IND compliance notices, several offshore crypto exchanges have at various points restricted Indian users. Some have since re-enabled access for KYC-verified Indian accounts; others remain blocked. Check the exchange's own announcement page for current Indian-resident eligibility before depositing.
What's the largest crypto tournament accepting Indian residents?
CoinDCX's Trading Dangal series has run pools in the ₹1.3–3.5 crore range historically. Pi42 (INR-settled perpetuals) runs regular leaderboard events. Both are FIU-IND-registered domestic platforms — the safest jurisdictionally for Indian users.