Were not aware of any Forex brokers being domiciled in India. Vote against oanda Thank you for voting! Vote against NordFX, thank you for voting! 16 October, 2018, forex Rating is the easiest way to choose the right Forex Broker in India from many of online trading companies. Vincent and the Grenadines. Vote for m Thank you for voting!
That is why RBI allows Forex.
But before starting to trade in Forex market in India, make sure to understand the intricacies.
These brokers are operating in India but as per RBI guidelines, you cannot trade with Forex.
This is also fully approved by RBI and Govt.
Of India and you dont have to worry about any compliance.
Any individual or organization with contacts in the FX trading community. Mumbai, Oct 4 The, reserve Bank is contemplating a transparent foreign exchange trading platform with a view to encouraging retail participation, saying it would lead to better price discovery. It observed that the issue of transparent and fair pricing for retail users including Micro, Small and Medium Enterprises in the foreign exchange market has been raised in various fora. In industry since: 2004, international offices in: Bangladesh, India, Nigeria, Oman, Pakistan, Tanzania, UAE,. The Reserve Bank of India (RBI) does everything in its power to prohibit Forex trading by individuals.
The brokerage they charge is very low and the liquidity in these contracts have also increased lately. So I would suggest that if you are interested in forex broking, start an account with one of the discount brokers like Zerodha or rksv and trade in currency derivative. 5 September, m The usage of this website constitutes acceptance of the following legal information. It will review the current availability of information on credit, the adequacy of existing information utilities, and identify gaps that could be filled by a Registry. Automatic withdrawal, execution.1 second 134 currency pairs, CFDs on stocks and futures from the world leading exchanges Leverage up to 1:2000 FBS : Awarded the Best Forex Broker Asia at the World Finance Foreign Exchange Awards 2012. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. I suggest you every trader or interested people ask this question to all forex traders who are located in india. You can open an account and see what other traders are doing and sometimes follow the trader which you think is most profitable.
Rbi approved forex trading company in india