- Interest Rates for RFC Deposits- Federal Bank - Federal Bank
- :: INDIAN BANK :: Taking Banking Technology to the Common Man
- Forex Capital Services Pvt. Ltd. - Forex Hedging - Forex
Even no frills accounts under the Jan Dhan Yojana can also avail of the exchange facility subject to the caps and other laid down limits in accord with norms and procedures.
Interest Rates for RFC Deposits- Federal Bank - Federal Bank
I have been doing that since 7557. I earn online, invest with an online forex broker and so does it go on. I have lost a lot this way, coz it`s very addictive But, i don` t think it`s illegal to invest your online money in trading, coz you are not touching the indian economy by any means.
:: INDIAN BANK :: Taking Banking Technology to the Common Man
I am doing forex trading with iFOREX fron Oct 7567. I have deposited money many times and withdraw also. I ask to my Account Officer about forex trading illegal in India, she replyed me we are working as per Indian Govt. norms. Shall I continue or stop?
Forex Capital Services Pvt. Ltd. - Forex Hedging - Forex
Even if the broker is genuine trading with such brokers are considered as illegal. Alpari(one of the top FX broker) had opened their india few years back. But they do offer to trade only in MCX-SX currencies not in international pairs.
The argument of specific regulation will not hold here. Since the Online trading is a new kid on the block with just few years old (Open to General Public World Wide) And regulations in India dates back to decades and decades backwards.
I am not an expert but if the FX trading is illegal for indviduals? then why one of the biggest indian bank Sate Bank Of India (SBI) allows it to personal It here:
I can say only one thing after all the above explaination if you still wanna do it do it at your own risk.
Tommorow if anything happens or you end at SCAM no Indian regulatory bodies like SEBI/RBI will come to help you out.
I have converted my trading account 596$ to 57555$. But when I submit my withdrawal request to my FX Broker, my account has been disabled by them, and they verbally deny my withdrawal request. Please suggest me what should I do ???
If you would like to invest in US Equity Markets here is a way to do it. But definitely not with overseas margin trading.
Is binary trading also illegal in india i m trading in binary trading from last year and have a good amount to be withdrawl how i could i do can u tell me rajendr