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
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Eur/usd - forex trading is not legal in india residents ??
Replies (5)
Yes true. There must be Indian rupees in the exchange. It means Indian rupees and usd can be interchanged by you legally.but u cannot interchange us with euro.
Involvement of Indian rupees in the exchange is must
It is now legal...watch this...
https://youtu.be/t5sGtKfLyMI
it is now. legal...https://youtu.be/t5sGtKfLyMI
through LRS Scheme
through LRS Scheme
Hi all,
Is currency trading with a non indian broker legal in India in which currency pairs like EUR/USD is involved?
Also, can CAs trade in currency derivatives in forex market?
Thanks
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