The government is always lagging behind the illegal traders not the legal traders. 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.
Forex Trading Is It Legal In India
The main currency pairs are usdinr eurinr gbpinr and jpyinr.
Yes it is legally allowed to trade forex within indian exchanges like bse nse mcx sx. So you need not to be worry if you are a legal trader. As you are a trader you should know all the rules and regulations of trading.
Know whether forex trading is legal in india or not and open an account. Forex trading in india legal. Know whether forex trading is legal in india or not and open an account.
So if you are trading with brokers who have membership in mention exchange it is absolutely legal. Specifically referring to that 35 page thread titled attention. You can form a company out side india where f! orex 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.
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. 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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