The Forex market is the largest financial market in the world, with a daily turnover exceeding $6 trillion. In India, currency trading is gaining popularity among investors and traders who want to diversify their portfolios. The first step toward successful trading is choosing a reliable and regulated Forex broker in India.
This guide explains how Forex trading works in India, what regulations apply, and how to choose the best broker for your needs.
Is Forex Trading Legal in India?
Yes, Forex trading is legal in India—but with restrictions. According to the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI):
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