So you can trade forex in india with indian brokers, what's illegal so far is trading with currency pairs that don't contain the inr. this is the regulation from the reserve bank of india . there are also good international brokers that offer accounts for indian traders, with the chance to trade all the currency pairs.. Trading forex in india through an online broker is a non-bailable offense in india. with many online brokers who misguide retail investors claiming forex trading performed legally through them. with many online brokers who misguide retail investors claiming forex trading performed legally through them.. However, forex trading is different from exchanging money at the foreign exchange outlets. there is much more to forex trading than just exchanging one currency for another. the two currencies that have the highest trading volume on the forex market are the us dollar and the euro – but, other currencies are traded as well..
In order to start trading stocks in india, you must first register yourself with a stockbroker. once done, the stockbroker they will guide you through on the opening of a trading account, demat account, and linking of your bank account..
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