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Here is her first guest report over forex trading in india. Hence it is legally a crime to involve in Xforex no deposit bonus trading and the charges of the crime are imprisonment in jail in this country.

The offence is considered immense, the prediction of intensity can be deduced from xforex no deposit bonus fact that it has been labeled to be non-bailable. So if you are trading with Indian Brokers whom have membership with the above mentioned Indian Exchanges it is perfectly legal. And Also it is perfectly legal for Indian Retail traders to invest in overseas equity markets.

But margin trading in overseas is suppose to be illegal as per Click the following article regulation guidelines. This is a confirmed finding based on a news report published in Indian Timesin April Forex Trading and Corporations.

The reports issued by the banks on this evidences also said that only corporations are allowed to trade but the conditionality for the corporations is to use only free dollars from their reserves.

Free dollars usage means that they are not allowed to convert the Indian currency to dollars and then use those converted dollars for trading. Moreover they are conditioned to stick to a leverage of less than ten times. Individuals are strictly forbidden from electronic and internet based foreign trading.

The reason being it brings high returns to them but at high charges-the imprisonment charges. In this retrospective many of the individuals became trapped to this illegal dealing.

Moreover most of the trading done trough these internet portals had a very huge leverage. An additional finding revealed by the RBI was that the public was asked to pay these marginal payments for the trading transactions through their bank account deposits or debit cards. And then the accounts to which the money was being paid were of the same agent but they were opened in many different banks. Xforex no deposit bonus the RBI issued a special instruction to the commercial banks of the country to be very careful in sorting out such accounts.

And all the transactions which have been declared non-permissible under FEMA are also not allowed. These transactions also include any transactions related to foreign currency, remittances marginal trading or exchanges. If you are doing forex trading in india then consult with your Fx Broker on this issue. Rajandran xforex no deposit bonus a Full time trader and founder of Marketcalls, hugely interested in building timing models, algosdiscretionary trading concepts and Trading Sentimental analysis.

He now instructs users all over the world, from experienced traders ,professional traders to individual traders. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst Optuma ,Metatrader,Tradingivew,Python and understands individual needs continue reading traders and investors utilizing a wide range of methodologies.

I stopped forex trading these days. Back to square one. Trading with nifty these xforex no deposit bonus until a solid confirmation from RBI about the legality of trading in FX markets. Any one in India can trade in Forex provided by the authorized brokers in Indian stock exchanges. But their is only 4 currency pairs and the volatility of these currencies are too low.

An Indian can trade with an International Forex brokers only he stays outside India and the law in that country casino 5$ min deposit with him to do so. A market maker gives you better spread and no commit ion but they have a dealing desk which will trade against you.

But for an ECN broker they xforex no deposit bonus charge commit ion and spread but they wont trade against you. So consult with these regulators xforex no deposit bonus take a wise decision. Rcently RBI has given a policy of Liberalised fudning -- upto 2. Can we trade xforex no deposit bonus forex currency, If so who is best broker in India for the same. Please help in this regard -- send your details to my id I have checked in the internet it is showing continue reading in foreign currency is illegal as far as RBI FEMA rules.

Please let me know…. You cant trade in Margin Segments Overseas Markets. You can trade margin segments only with Indian Exchanges. It comes under margin trading segment. Anything with comes under overseas margin trading segment it is illegal for Indians.

However you can invest in stock markets learn more here xforex no deposit bonus cannot trade. More info about how to invest in overseas markets here.

If forex trading is illegal in INDIA thn why do the govnment and RBI not stopping the companies of forex trading from opening offices xforex no deposit bonus metros of the country. Too much offices of such sort are there in bangalore mumbai etc. Folks, all indian government hypocrisy. They want indians to remain poor and suffering always. Only ministers and politicians should have a filthy rich and lavish lifestyle.

It is a damned country to be born in for ordinary folks. If goverment cares so much about Месяцы truth about online gambling вынула people losing money then why do they allow lotteries? 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??? You are right sir, they are not registered or trade with any of the exchange.

Are these brokers Genuine.? Shall i continue with it or shall i stop trading as xforex no deposit bonus says it is illegal to trade in forex.? Are there any Genuine online Forex brokers.? They may be genuine online forex brokers. However it is illegal for Indian Retail traders to trade with those brokers. Even Alpari the No. Not legal for Indian Residents. If not, is it completely illegal?? I just had a chat session with someone from a UK based forex broker.

Yes Ajit, Many people in india are trading in forex market but that doesnt means that it is a legal concept. When comes to scrutiny you are one to suffer. Hi bhargav can i speak to u regarding forex in private. Forex trading with INR pair xforex no deposit bonus legal in india and other pairs are illegal.

I have been doing that since I earn online, invest with an online forex broker and so does it go on. They want indians to be losers. Someone kickk indian foreign ministers asss.

I share your feelings, but not country will give you citizenship or residency just because you have dollars. I am in big trouble because of this forex trading. I had paid to iForex. Now Citibank is closing my account stating that it is illegal party casino theme against FEMA rules therefore Citibank is closing the account forever.

I never made any money from iForex due to less time and I started that just for learning purpose…. Donno what to do now. Can anyone please help? I face the same issue now. Did you get any help from anyone? If yes, pls help me-thanks. If anyone does take that with the greedthen he is over to follow the hidden agenda of crossing the bonus level. So you end up losing, SO do take carewe can make money in our stocks and mcx if you are deciplined trader with a little fundamental,am sure Rajendran is doing ,all he can, for that.

And i am wondering why is nt Arvind kejirwal fighting for this and i am thinking wat did he do with 1. These people are trying to make money also I just dont know where this will conclude. Bro your question is half correct.

U can ask why Arivind Kejriwal not questioning on this. Also he used to charge Rs Y from any one who seek his autographs on those days many people including british officials are fond of xforex no deposit bonus his autographs along with these those days many rich people used to donate money for the freedom movement else how do u think that Gandhiji used to travel xforex no deposit bonus Car from town to town village to village through out the country?

Movement doesnt mean that no money is xforex no deposit bonus. For even movement money might be required. But what we need to look at is how that money is utlised. Gandhiji never misused the money so he became ideal person. But we have tocheck what Mr Arivind Kjriwal xforex no deposit bonus doing. More over you have mentioned about china products right its people like us who give damn to this country.

Have you ever questioned any politician or govt employee for not doinf what he has to? First we has to change then Country will change.

If you want to eanr there are many ways need not to play with the currency. This link is updated Act on Jan Please explain me better if I am not understanding it correctly as Finance is actually not my area. See answer 4 to question 30 which prohibits money transfer outside india for trading in foreign currencies.

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