How To Do Forex Trading In India Legally

Know whether forex trading is legal in india or not and open an account. The government is always lagging behind the illegal traders not the legal traders.

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Specifically referring to that 35 page thread titled attention.

How to do forex trading in india legally. Yes it is legally allowed to trade forex within! indian exchanges like bse nse mcx sx. Ive read that long and informative post on forex trading legality issue in india. As you are a trader you should know all the rules and regulations of trading.

Forex trading in india legal. Step by step guide on how to start forex trading in india. You can form a company out side india where forex trading is legally allowed as a subsidiary of your indian company indian company will be parent company but this for those who have already own any company in india and remit funds outside to subsidiary company and subsidiary will do forex trading and will revert you the benefits as a dividend and it is legal.

Know whether forex trading is legal in india or not and open an account. Therefore one must know that transferring your money to a forex trading account with a broker abroad is violation of foreign exchange management act fema 1999 and may cause legal action against you. As per rbi guideline a! ll indian resident including banks and financial institutions ! can do forex trading in currency pairs.

So if you are trading with brokers who have membership in mention exchange it is absolutely legal. The main currency pairs are usdinr eurinr gbpinr and jpyinr. So you need not to be worry if you are a legal trader.

I understand that forex trading in india is illegal please share some ideas to do online trading in india legally hope to replay your valuabale suggesion how to do online trade pleace replay via email. See detail online and read customers reviews how to do forex trading legal in india prices over the online source see people who buy how to do forex trading legal in india.

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