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WazirX Review 2026

Verified by the Oracl8 verification system · Registration and licence details checked against official regulator registers · Updated 2026-11-03

The WazirX record for India traders, registrations on file, the fee schedule, and the Oracl8 verdict.

Regulation in India

Regulator FIU-IND, FIU-IND
Registration statusRegistered
Regulated EntityZanmai Labs Pvt Ltd
Max Leverage1:1
Max Leverage (Crypto)1:1
Minimum Deposit$0
Taker Fee0.2%
Listed Coins & Pairs149+
PlatformsWeb, iOS, Android, API
Copy Trading✗
Spot Ownership✗
Inactivity feeNo inactivity fee

Verdict

On file with FIU-IND registration. Opening figure $0. Leverage in India capped at 1:1.

About WazirX

On the record, WazirX traces to 2018, based in India. Its book runs to 149 coins and trading pairs, the major cryptocurrencies alongside stablecoins and altcoins. Its registrations span several jurisdictions, with the primary licence held by Zanmai Labs Pvt Ltd under FIU-IND.

Within India, WazirX runs as Zanmai Labs Pvt Ltd, cleared by FIU-IND registration. That caps a India trader at 1:1 on crypto derivatives, per FIU-IND rules.

Trading Platforms

Web
Web, proprietary platform, available on web and mobile
iOS
iOS, proprietary platform, available on web and mobile
Android
Android, proprietary platform, available on web and mobile
API
API, proprietary platform, available on web and mobile

Pros

  • FIU-IND regulated
  • 149+ coins & pairs listed
  • Negative balance protection in India
  • Platforms: Web, iOS, Android, API
  • Operating since 2018, based in India

Cons

  • No inactivity fee
  • 0% of retail clients lose money
  • Derivatives trading, you may not custody the underlying coin
  • No spot withdrawal / custodial only

Frequently Asked Questions

Is WazirX regulated?

On file, WazirX carries FIU-IND registration, held by the regulated entity Zanmai Labs Pvt Ltd, a live registration you can pull up on the official FIU-IND public register.

What is the minimum deposit for WazirX in India?

The opening figure is $0, what it takes to fund a live account for a India trader operating under FIU-IND.

What leverage does WazirX offer in India?

For India, the FIU-IND rules hold WazirX to 1:1 on crypto derivatives. An offshore-registered entity may list a higher ceiling.

Is WazirX safe to trade with?

Under FIU-IND, WazirX must segregate client funds, carry negative balance protection and submit to independent audit. None of that removes market risk, but it is real investor protection on the record.

Visit WazirX →
0% of retail investor accounts lose money when trading crypto derivatives with WazirX.

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