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Can a Indian Resident in India can trade in Forex Market through Online Trading Platforms?

Also please Clarify whether it is LEGAL to carry on Forex Trading by Individuals under the scanner of RBI ( Reserve Bank of India)?????

Public Comments

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2. If you are in a big city, then go to the RBI branch and ask them. They are the right people to advise you .

3. i think out of country transaction are restricted and liable to penalty tax say about 10% of turn over.

4. Yes, you can.

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