The Best Indian SEBI Regulated Forex Brokers
If you need to find the best SEBI regulated brokers, you’ve come to the right place. This page is full of expert information on what SEBI is, what they do, and a few tips to help you find the best brokers regulated by SEBI.
India seems to have its own take on the idea of trading. Forex trading, as many of you will understand it, is actually illegal. That said, there are a number of offshore online brokers that allow Indian residents to trade foreign currencies online.
However, trading in currency derivatives is allowed. It can only be done through a stock exchange recognized under the Securities Contract (Regulation) Act 1956. There are a number of regulators for the financial industry in India, but those of you considering trading will be most interested in SEBI.