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Infosys
The Direct Answer
You can trade Infosys Limited (INFY) as a CFD through CMTrading, a broker operating since 2012 with headquarters in Johannesburg, South Africa. INFY is a large-cap Indian IT exporter listed on the NSE, and CFDs let you speculate on its price moves without owning the underlying shares.
The catch for Indian residents is that offshore CFD trading operates in outside the permitted framework. Below are the costs and account structure you would actually deal with.
INFY: What You Are Actually Trading
Infosys is one of India's most liquid stocks. It sits in the Nifty 50, BSE Sensex, and Nifty IT indices, and its dollar-denominated revenue makes it a favourite among retail investors. As a CFD, you are trading a contract that mirrors its price, not the share itself.
What matters for a trader is the character of the moves. INFY has medium volatility, which means it trends well but does not swing wildly on most days. That suits swing trading and intraday strategies built around IT sector news, USD/INR moves, and quarterly earnings.
The Practical Setup at CMTrading
CMTrading runs on MetaTrader 4 and its own WebTrader, with a mobile app and copy-trading available. The broker lists 150+ tradable assets across forex, indices, commodities, shares, and crypto, so INFY sits alongside other global shares rather than being an India-specific product.
The account structure starts at roughly USD 300 for the Basic tier, scaling up to Silver, Gold, Premium, and VIP. ECN accounts are only available on Gold and Premium tiers, which matters if you care about raw spreads over execution speed.
| Account Tier | Min Deposit | ECN Access | Spread Type |
|---|---|---|---|
| Basic | ~USD 300 | No | Standard |
| Silver | ~USD 300+ | No | Standard |
| Gold | ~USD 300+ | Yes | Tighter |
| Premium | ~USD 300+ | Yes | Tightest |
| VIP | Custom | Yes | Negotiable |
Spreads and commissions depend on which tier you pick. The marketing material says spreads from around 1.2 pips on higher tiers, but for a share CFD like INFY, the actual spread is quoted in the platform. Check the live quote before you commit.
Leverage is advertised up to 200:1 globally. That is a huge number for a stock CFD, and it would be dangerous to use that level on INFY. A 0.5% adverse move at 200:1 wipes out your entire margin. Keep effective leverage at 5:1 to 10:1 for a stock like this.
Regulatory constraints for Indian traders
The Reserve Bank of India and SEBI restrict retail participation in offshore forex and CFD trading. Trading spot forex or CFDs with offshore brokers is illegal for Indian residents, and remitting funds abroad for margin trading is not a permitted purpose under the Liberalised Remittance Scheme.
CMTrading does not list India among its explicitly served regions. The broker's authorization page names South Africa, GCC, broader Africa, and additional regions through its FSA Seychelles entity, but not India. Multiple CMTrading pages state that they do not accept customers from unsupported regions.
In practice, you may face account restrictions, difficulty funding through local INR rails, and no regulatory recourse through SEBI or RBI if something goes wrong. CMTrading is regulated through FSCA and FSA entities, but that oversight does not extend to protecting Indian residents.
Tax treatment of any gains is another layer. If you do trade, profits are speculative business income, losses can only be set off against speculative income, and you must declare foreign assets in Schedule FA of your return. The 20% TCS on LRS remittances above Rs 10 lakh per year adds friction if you try to fund an offshore account.
Costs, Deposits, and What to Watch
Funding at CMTrading works via credit/debit card and bank transfer. There is no INR-specific funding currency stated, and no India-local payment rails like UPI or IMPS are mentioned for Indian clients. That means you would be converting INR to USD and sending money abroad, which triggers the TCS and the legal issues above.
Deposits and withdrawals are advertised as commission-free, but the spread is where the broker earns. On an ECN account you pay a raw spread plus a commission; on a standard account the spread is wider and there is no separate fee.
| Cost Item | Basic Account | Gold/Premium |
|---|---|---|
| INFY Spread | Wider, variable | Tighter, raw |
| Commission | Included in spread | Separate, per lot |
| Deposit Fee | Free | Free |
| Withdrawal Fee | Free | Free |
| Swap/Islamic | Available | Available |
Swap-free accounts are offered, which is relevant if you hold positions overnight and want to avoid financing costs. CMTrading has it across all tiers.
Withdrawal speed is not guaranteed by any regulator. CMTrading says deposits and withdrawals are commission-free, but the actual settlement time for bank transfers can stretch to several business days.
What Fits This Broker
CMTrading is built for swing traders and position traders who hold CFD positions for days or weeks, not scalpers. MT4 is a solid platform for technical analysis, but the spread structure on standard accounts makes very short-term scalping expensive. On Gold or Premium with ECN access, the economics improve.
Copy-trading is available, which is useful if you want to mirror a strategy rather than build your own. For INFY specifically, a swing approach around earnings and IT sector news works well because the stock has clear technical levels and moderate volatility.
Day trading INFY as a CFD is possible, but the overnight financing on non-Islamic accounts and the legal status of offshore CFD trading in India make it a less clean setup than trading the underlying on NSE.
Is It Worth the Effort
For an Indian resident, the effort is significant. You need to work around the regulatory restriction, fund in USD, manage TCS on remittances, and accept that you have no local recourse if a dispute arises. The trading experience itself is functional, and CMTrading has been operating since 2012 with a real brand, but the compliance burden sits on you.
If you are determined to trade INFY CFDs with an international broker, CMTrading offers a functional platform, reasonable account tiers, and swap-free options. Check the current terms on the Protected Stage cashback promotion before depositing, as that changes the risk profile of your first several trades.
Compare that against a more strictly regulated international broker under FCA or CySEC oversight. The difference is real: stronger client fund segregation, a track record under a credible regulator, and clearer complaint procedures.
Pick it if you understand the offshore CFD channel, trade swing style, and want ECN spreads on a mid-tier account. Pass if you want regulatory clarity, INR funding, and protection under SEBI or RBI, because no offshore broker can give you that.
Frequently Asked Questions
How is profit from INFY CFD trading taxed in India?
Profits are treated as speculative business income, taxed at your slab rates. Losses can only be set off against speculative income and carried forward for 4 years. You must also declare foreign assets in Schedule FA.
What leverage should I use for INFY CFDs?
CMTrading advertises up to 200:1, but that is dangerous for a stock CFD. A 0.5% move against you at 200:1 wipes out your margin. Use 5:1 to 10:1 effective leverage for INFY.
Can I legally trade INFY CFDs with CMTrading from India?
Offshore CFD trading is restricted for Indian residents under RBI/FEMA rules. CMTrading does not list India among its served regions, and the broker's FSCA and FSA oversight does not extend to India. Verify your eligibility before attempting to open an account.


