Are Forex Trading Platforms Illegal in India? - TradeSmart

Rekha.shinde769822 Mar, 2022Finance

Currency is a widely traded commodity across the world, Binary traders are not permitted to trade under the Foreign Exchange Management Act. - TradeSmart.Forex Trading - While foreign exchange trading platforms, as well as directly trading in the foreign exchange market are banned in India, currencies can still be traded via the stock exchange. To know if forex trading is illegal in India, visit TradeSmart.