SEBI's role in Indian forex trading

India allows currency trading. Indians can trade FX online with several firms. Forex trading in India is regulated by legislation.

RBI is India's principal forex regulator. The RBI regulates forex trading strictly. Indians can't trade FX on margin.

Forex brokers in India cannot offer leveraged trading.

Leverage lets traders trade with more money than they have. In India, forex brokers can only offer 1:50 leverage.

India's Sebi regulates forex trading.

Sebi regulates India's Forex market. Sebi regulates India's financial institutions, including Forex.

Sebi's Forex laws safeguard investors and maintain a fair, transparent market.

Explaining India's Regulators

The Reserve Bank of India (RBI) created the Foreign Exchange Management Act (FEMA) of 1999. Regulating India's financial sector.

India's Reserve Bank oversees foreign exchange operations (RBI). SEBI regulates India's stock market. India's forex brokers have FEMA licenses.

SEBI-regulated brokers face trading restrictions

Indian Forex traders shouldn't trade currency pairs without the INR as the base or quote currency. India's national currency is the Rupee. Indian citizens can't utilize foreign currency in India.