For online trading

#1
Hello friends !
(1) Is FOREX trading allowed in India, to trade online. If so, pls let me know a few top brokerage companies in India.

(2) I want to open "3 in 1 Account" to trade online in the following categories:
(a) Stocks (b) Commodities (c) Forex.
Pls advise top 5 best companies in India.

Regards.
Pratap.
 
#2
It is legal to trade forex with Indian Exchanges like NSE, BSE, MCX-SX where they currently offer 4 pairs(USDINR, JPYINR, GBPINR, EURINR) in Derivatives (Futures and Options Segment). So if you are trading with Indian Brokers whom have membership with the above mentioned Indian Exchanges it is perfectly legal however, if I am right you are asking about trading forex in international currency pairs like USD/EUR. In this scenario, answer is simply No you can't trade that from india. RBI guidlines are very clear about it.
 

Mercedes

Active Member
#3
It is legal to trade forex with Indian Exchanges like NSE, BSE, MCX-SX where they currently offer 4 pairs(USDINR, JPYINR, GBPINR, EURINR) in Derivatives (Futures and Options Segment). So if you are trading with Indian Brokers whom have membership with the above mentioned Indian Exchanges it is perfectly legal however, if I am right you are asking about trading forex in international currency pairs like USD/EUR. In this scenario, answer is simply No you can't trade that from india. RBI guidlines are very clear about it.
Dai amma kahin :p
 

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