In this video, we dive into why forex trading is considered illegal in India under certain circumstances. The Reserve Bank of India (RBI) and SEBI (Securities and Exchange Board of India) have placed strict regulations on forex trading to prevent economic instability, fraud, and money laundering.
Here’s what we cover:
What the law says about forex trading in India.
The difference between legal and illegal forex trading practices.
Why trading in foreign brokers can lead to penalties.
Safe and legal alternatives for Indian traders.
If you’re thinking about entering the forex market, this is a must-watch to avoid potential legal trouble and make informed decisions!
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