Is forex trading legal in india?

[Obelixtrader]

RBI should change INR to fully convertible currency. RBI has permited FPI(foreign portfolio investors) to trade currency futures but not for us retail foreign trader. RBI should change the policy.

 

[vanessasemos]

It is legal to trade Forex in india, There is no Restriction for NRI to trade in forex…
Anywhere you trade in FOREX Signal.

 

[headstrong007]

Govt can select profitable traders of past yr FY only. Ek bar chance to do.. direct Crude trade karne ka.. itna USD layenge ki .. sari problem khatam..
humlog desh ke kuch kam kar sakta hai agar biswas rakho to..jai hind..

 

[Hulu Girl]

Govt can select profitable traders of past yr FY only. Ek bar chance to do.. direct Crude trade karne ka.. itna USD layenge ki .. sari problem khatam..
humlog desh ke kuch kam kar sakta hai agar biswas rakho to..jai hind..

Lols Right dear.. It is all about trust.. But we know our government very well.

 

[kumarsveera]

Hi..to all
This is kumarsveera

can anyone tell when cross currency pairs can be traded in india?

There was announcement from RBI from last year that it will roll out the plan for cross currency trading like EUR/USD, GBP/USD, USD/JPY.

 

[Obelixtrader]

Hi..to all
This is kumarsveera

can anyone tell when cross currency pairs can be traded in india?

There was announcement from RBI from last year that it will roll out the plan for cross currency trading like EUR/USD, GBP/USD, USD/JPY.

You must ask your exchanges when they will offer this new currency futures contract

 

[Obelixtrader]

https://www.fyers.in/nse-introducing-forex-trading-in-cross-currency-pairs/

 

[Hulu Girl]

You can check the currency pairs list on the broker website also. Different broker's have different currency pairs so do check website for more information.

 

[thunderdude]

No it is not, still many of us do it but we do it overseas.

 

[forexsignal.today]

Yes you can? But trade is not issue. Issue is existing in the market. To exist in the market you need forex trade signal.