It is illegal in India. JungleLion Active Member Oct 25, Related Questions Is Forex trading legal in India? Well Fx trading is not a criminal offense and nobody is bothered if you are not trading in millions. The RBI clarified that "a person resident in India may enter into currency futures or currency options on a stock exchange recognized under section 4 of the Securities Contract Regulation Act, , to hedge an exposure to risk or otherwise, subject to such terms and conditions as may be set forth in the directions issued by the RBI from time to time". Thus, RBI issued a special instruction to the commercial banks of the country to be very careful in sorting out such accounts. I think is now raised to K usd per annum please chk this info.
Comments on the discussion paper may be sent to the and Chief General Manager, Reserve Bank of India, Financial Markets Regulation Department, Central Office, 1st Floor, Mumbai Regional Office Building, Shahid Bhagat Singh Marg, Mumbai or emailed with subject line: Feedback on Retail FX platform by January 1,
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Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. What RBI allows and is generally understood as Forex trading in India is trading in currency derivatives. If RBI truly cared for trader's lost money, instead of banning funding trading trading from India, it could've set a trading to the amount of INR one is trading to invest in forex binäre optionen tricks trading per month or per year.