what kind of licence is required to open a forex broking company?

[exbryan]

what are the pre-requisites for opening a forex broking house in india. what are the licence fee applicable for opening such offics in India.

 

[willforex]

what are the pre-requisites for opening a forex broking house in india. what are the licence fee applicable for opening such offics in India.

I suspect you can find correct and most reliable answer here.

Better if you can find reliable sources like Central bank and other authorities about this.

 

[Whitesnake]

First of all the forex trading is prohibited in India but if you are able to establish a broking firm which is regulated by the Indian government am sure you will have millions of Indian clients.

 

[Pharaoh]

If you want current country-specific info, I recommend contacting the helpful and friendly people at your nation's central bank and securities regulators.

 

[alanrox]

First of all the forex trading is prohibited in India but if you are able to establish a broking firm which is regulated by the Indian government am sure you will have millions of Indian clients.

Yeah, As far as I know forex is Illegal in India. A few years back they have issued a notice about this.