Why Forex Trading Is Illegal In India. But it is safe to open a forex account from any other country. There is no doubt that forex trading is illegal in india.
It is actually you have to make payment to broker account from which you want to start trade from credit card of the country. The trades do not involve any physical delivery and are cash-settled. Forex Trading Is Illegal- Electronic Communication Networks (ECNs) were created because of the internet for the purpose of electronic commerce.
Safety Foreign exchange trading is not the safest thing you do.
Here is our list of the best forex brokers in India.
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The reason for sharing this information with you all is, in future you may be under such trap. IG – Best overall broker, most trusted. But it is safe to open a forex account from any other country.