Fores trading is legal in india?

Hi All,

I have a one question, That, is forex trading or BInary option trading through other country broker is legal in India?

Like suppose i want to trading from iqoption.     com, bdswiss.      com, or other robo forec trading.

I known its legal, But when trade from Indian broker. But not sure when broker is from outside India.

Thanks

Rakesh Kumar

Replies (1)

For a person resident of India under FEMA, forex trading through overseas portals is prohibited by RBI. 

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