Why is forex trading illegal in India?
Asked by Mohd Last Modified
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Well Forex Trading is NOT illegal in India. In India you can trade only Certain forex pair denominated in INR as base currency
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As of my last knowledge update in January 2022, forex trading is not illegal in India. However, there are regulations imposed by the Reserve Bank of India (RBI) to govern foreign exchange transactions. It's crucial to stay updated with the latest regulations, as they may change over time. Always consult...
read more As of my last knowledge update in January 2022, forex trading is not illegal in India. However, there are regulations imposed by the Reserve Bank of India (RBI) to govern foreign exchange transactions. It's crucial to stay updated with the latest regulations, as they may change over time. Always consult with financial authorities or experts for the most current information. read less
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Balaji T S
Professional with 30 years experience in Well Known Corporates and Top Education Institutes.
Forex trading is not illegal, but SEBI and RBI highly regulate it.
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