The reserve bank of india regularly released statements whose purpose is to remind indians that forex trading is prohibited by law. the reason for this is that there are many forex brokers and other online trading agencies which try to convince people that forex trading is allowed in india.. A forex trade between two foreign currencies is illegal in india. in a few instances the bank may change this depending on market volatility. legality of forex trading in india.. Forex trading rules and regulations in india. description[ edit ] unlike other laws where everything is permitted unless specifically prohibited , under the foreign exchange regulation act (fera) of 1973 (predecessor to fema) everything was prohibited unless specifically permitted . hence the tenor and tone of the act was very drastic..
India’s securities regulator, the securities and exchange board of india (sebi) has said last week that it is considering increasing regulations for algorithmic trading in the country.. Overseas forex trading through electronic / internet trading portals. attention of the authorised dealer category 1999 besides being liable for violation of regulations relating to know your customer (kyc) norms / anti money laundering (aml) standards. reserve bank of india:. Binary options regulations in india. while hotly debated among the indian online trading community as to whether it is illegal to trade binary options in india, technically speaking the answer is a simple “no”..
0 komentar:
Posting Komentar