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Is online forex trading legal in india


is online forex trading legal in india

with coordination of some brokers: Today, you can see large number of online website that claim forex trading with approved RBI registration. The RBI allowed exchanges to offer cross currency futures contracts. Forex trading is like a black box for small investors. There has been regulated and unregulated brokers trying to establish their branches in India under different names, from education academies to training schools or consulting agencies. They have to suffer loses. 1) you can trade in Forex currency which is paired with Indian rupees. I am not a legal expert, hence my answers in this short commentary is not written for lawyers but for ordinary people looking for. Why is India limiting Forex trading? You should beware of fake dealers who claim high return of your forex investment money. Also read: what is GST full form which is best credit card in india for salaried person legal route of forex trading in india Derivatives are traded on margin so it mean that you have to deposit intial margin money with exchange.

Is online forex trading legal in india
is online forex trading legal in india

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About forex market in india

Why do we need the foreign forex trading copy tradestation exchange market? There are many companies who are dealing in foreign currency trading operated from india illegally. The evaluation relative to the value of currencies, speculation based on the interest rate differential between two currencies. If someone is found Trading in Overseas forex trading through electronic or internet trading portals by the Reserve Bank of Indias representative he or she is immediately charged with violation of law A ct (fema 1999 may send him to jail for illegal activity. Forex Trading in India, if you are an Indian resident and wish to trade forex, you cannot trade all the instruments as mentioned above. Now, it is clear that forex trading does not provide sure return. It is totally depends on the knowledge of investors, how he can use his mind in investment. Controlling stress is the one of the biggest tips of forex trading 2017. Yes, There is no restriction for NRI to trade in forex. Read More Articles : Any questions regarding overseas forex trading pls feel free to write in below comments and get a reply to your submitted email.


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