Note: This method is only available to residents of India.
Follow the steps below to deposit funds into your trading account using Local Money Transfer:
- Login to the Axi Client Portal.
- Navigate to the “Funds” section on the left-hand menu and choose “Deposit”.
- Select the trading account you want to fund by clicking “Add Funds”.
IMPORTANT: If you have multiple trading accounts, ensure you choose the correct account number. If a deposit is made into the wrong account and an additional internal transfer is required, processing delays may occur.
- Select “UPI” as your deposit method.
- Enter the amount you would like to deposit.
Note: Ensure you meet the minimum deposit requirements for Local Money Transfer. Depositing less than the minimum will prevent the transaction from completing.
- Review your deposit details and click ‘Make Deposit’.
- A QR code will be displayed. Scan this using apps like Paytm, Google Pay, or PhonePay.
Note: The receiver’s name will appear as “Panday Enterprises.” This is the official registered UPI ID used by Axi and is safe to use for your transactions.
- Once the payment is made, manually enter the payment reference ID (UPI reference number) in the “Enter Transaction ID / UTR No” field.
- Important: Enter the ID without any gap or spaces and click “Save.” (A screenshot on the QR code page is not mandatory).
IMPORTANT! Your deposit is auto-approved only if the Reference ID matches the one from the payment provider. If they do not match, your deposit may be delayed.
- After clicking Save, stay on the loading page. A confirmation popup should appear within 2 minutes.
IMPORTANT! If the loading screen continues for longer than 2 minutes, do not refresh the page. Please wait for the system to capture the payment, which can take 5–15 minutes in some cases.
- Once successful, a notification will appear and the funds will be reflected in your the corresponding MT4/MT5/Axi account.