Can an individual do forex trading business?

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This query is : Resolved

Sushant Mahajan (Querist)

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

Ajay Mishra

Ajay Mishra (Expert)

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

Sushant Mahajan

Sushant Mahajan (Querist)

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.

Ajay Mishra

Ajay Mishra (Expert)

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.

Sushant Mahajan

Sushant Mahajan (Querist)

11 October 2013 As you say sir.

Ajay Mishra

Ajay Mishra (Expert)

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

Sushant Mahajan

Sushant Mahajan (Querist)

11 October 2013 Thank you sir

Ajay Mishra

Ajay Mishra (Expert)

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