Discussion in ' Beginners Guide ' started by vagar11 , Feb 21, Log in or Sign up. Is forex trading legal in india? Jun 5, Messages: Feb 8, Messages: Shikamaru , Feb 21, Sep 12, Messages: So if you are trading with Indian Brokers whom have membership with the above mentioned Indian Exchanges it is perfectly legal.
And Also it is perfectly legal for Indian Retail traders to invest in overseas equity markets. But margin trading in overseas is suppose to be illegal as per RBI regulation guidelines.
Individuals are strictly forbidden from electronic and internet based foreign trading. The reason behind it that it brings high returns to them but at high charge that is the imprisonment. The individual traders at India have also been warned by the RBI against the online trading portals which offer these alluring or attractive outcomes of high gains but do not reveal to the traders that they are trapping themselves in an illegal activity considered by their state government.
One can follow this link article for better understanding: Oct 16, Messages: Oct 17, Messages: Method is good to transfer money via Neteller or Skrill. Baker , Apr 11, Aug 24, Messages: Contract size will be Exchanges working on it. Obelixtrader , Apr 12, Apr 9, Messages: Currency pairs involved with INR can be traded legally in India. Its illegal because so far RBI restricted to trade in any kind of overseas margin trading segment.
Hulu Girl , Apr 14, Apr 4, Messages: I usually receive the amounts to my skrill or either in my neteller within one business day. Jul 20, Messages: Mar 9, Messages: You must log in or sign up to reply here. Similar Threads - forex trading legal. Legal ways to do International forex currency trading for Indians - a discussion man , Sep 28, , in forum: NetFreak Jan 23, Forex Trading Legality in India fruitsalad , Nov 22, , in forum: Obelixtrader Jan 3, Billa Jul 15, Is this way of forex trading legal?
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