Eur/usd - forex trading is not legal in india residents ??

Ankur Gupta (it service) (27 Points)

17 January 2015  

Hi Sir,

 
 
 
I have seen notice from SEBI regarding Forex Trading in India. SEBI said that "Forex trading in India is not legal for Indian Residents for Pair Eur/Usd"
 
Please advice that is it legal or not now in India?
 
Regards,
Ankur