Can an individual do forex trading business?

This query is : Resolved 

10 October 2013 Can any individual do the business of forex trading by taking money from people and investing in Foreign exchange and in return give them interest on such money?

Or there are some restrictions?

Please reply

10 October 2013 Hi

Go to the following link:

https://www.marketcalls.in/forex/forex-trading-in-india-legal-or-illegal-a-critical-analysis.html

10 October 2013 Thank you sir

10 October 2013 My Pleasure.....

Hope you got the answer.

10 October 2013 Its not allowed for individuals ryt?

10 October 2013 Yes, An Individual is not authorised by RBI to trade in forx, because RBI can not control on every Individual for forex inflow and outflow in India.

10 October 2013 You are truly a savior sir. Hats off.

10 October 2013 Thanks dear for your valuable words for me............

11 October 2013 Sir please refer this:

https://www.caclubindia.com/experts/can-an-individual-do-forex-trading-business--1472294.asp#.Uld1-lP45q0

According to Mr. Tushar its possible.

11 October 2013 But they have not given any source and what are the legal documents they have not explained. If it is possible then very good for Individual.


I think you should ask from Expert about it on more details.

11 October 2013 As you say sir.

11 October 2013 I also want to confirm at my end also. It will be help full for both.

11 October 2013 Thank you sir

11 October 2013 My Pleasure.......


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