Overseas Forex Trading From India is illegal for indian. Indian citizen can not send directly or indirectly fund to Overseas forex Brokers. DIR Series Circular No. RBI also found that many Overseas Forex brokers opens account in the name of individuals or proprietary concerns at different bank branches for collecting the margin money, investment money, etc.

The Reserve Bank of India cautions the public not to remit or deposit money for such unauthorised transactions.

Yes, It is right still so many indian peoples trading in overseas forex trading But actually they are in doing illegal activities. Nowadays RBI is very strict on this issue. Submit your contact information below and we will take care of the rest!

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Hello A am studying in phillipenes can I do online forex trading? And can I send money to India Is it legal? Can I create a company overseas and trade in the name of that company from India with an overseas trader?

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Any ways, Overseas forex trading by using online overseas forex broker is not permitted by RBI for Indian resident. Overseas forex trading with online Overseas forex broker is not permitted.

So u cant open account if you are Indian citizen. Forex trading is illegal in India but many offshore forex brokers have office in India and canvasing the client to open the account company like Bluemax capital,Hantech markets ,Even forex.

We also suggest you best stock broker as per your requirements.

You just need to submit your details and we will take care of rest. Overseas Forex Trading From India — Legal or Illegal stockamj Education. Does Overseas Forex Trading From India — Legal or Illegal. Why RBI not allowed Overseas forex trading? Does NRI Allowed to Trade in forex?

Yes, There is no restriction for NRI to trade in forex What is the Legal way for Indian to Trade in forex? Any questions regarding overseas forex trading pls feel free to write in below comments and get reply to your submitted email id.

Overseas Forex Trading India–Legal or Illegal | Legal Way

Overseas forex trading by using online forex broker is illegal for indian. After opening the forex account can I fund my account from NRI who settled outside India? Leave a Reply Cancel reply Comment. Rs 15 Per Trade Plan. Intraday Share Tips Intraday Calls for Views express on this webpage or On Stockamj.

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