Basically I live in india : HOW DO I CHOOSE A FOREX BROKER IN INDIA

[ranjubharath]

how do I choose a forex broker and legitimate platform in India

[EmeraldEyes]

Forex trading in India is illegal.

[SchmaltzHerring]

@EmeraldEyes

Forex trading in India is illegal

It is not nearly as simple as that!!

Is Forex Trading Legal in India in 2025? Review Guidelines

Who can recommend which trading platforms in India are reliable？

For India: Trading is only permitted for USDINR, INRJPY, GBPINR, and EURINR pairs. It is only permissible to work with forex brokers regulated by the Securities and Exchange Board of India (SEBI). If you plan to trade forex with a broker not regulated by SEBI, you are likely to fall victim to scams by the forex broker. Additionally, the Indian government may impose fines up to three times the amount of your investment or profit under the FEMA Act 1999 (Foreign Exchange Management Act). Scam …

7 Best Forex Brokers in India for 2025