Is forex trading illegal in india?
by admin ~ December 26th, 2009 . Filed under: Investing .
umesh k asked:
Is Forex trading illegal in india? if not, does one need to inform/take permission from RBI? How and where? Is anybody doing it?
Violet Power
Is Forex trading illegal in india? if not, does one need to inform/take permission from RBI? How and where? Is anybody doing it?
Violet Power
December 27th, 2009 at 11:14 am
hi
who said its illegal in india ? forex is 100 times bigger market then stocks..i am also from india,hyd.i have been trading forex from many years.u dont need to take permission from rbi.there r thousands of fx trader in india n its growing day by day .u can start by sellecting good trading platform
good luck
December 30th, 2009 at 1:41 pm
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December 31st, 2009 at 1:56 am
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December 31st, 2009 at 2:02 am
If you trade forex online. It should be fine. Unless it involve a very large amount, then probably attract attention from RBI. Else individual trader shall be just doing fine.
January 2nd, 2010 at 10:20 am
No it is not
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