Hello from India :) any Indian to help?

[FXnoob]

Hi,

I am interested in forex trading and learning its basics currently.

But I am not sure if forex trading is legal in India?

Can any Indian Help?

Thanks

 

[FxMaster]

Hi,

I am interested in forex trading and learning its basics currently.

But I am not sure if forex trading is legal in India?

Can any Indian Help?

Thanks

Hello FXnoob, There are certain rules for Indians to trade in Forex. You are only allowed to trade pair associated with INR, like USDINR, GBPINR, JPYINR, EURINR.

 

[Pharaoh]

And of course, there are ways around the rules, but doing this can be risky. Some scammy brokers (even a few based in India) will grab your money and threaten to turn you over to the authorities if you try to complain.