Legal Question in Consumer Law in India

is Forex trading companies legal in india. Are there allowed to be middlemen in acquiring a trading account


Asked on 10/19/11, 10:04 pm

3 Answers from Attorneys

Sudershan Goel India Law Offices of Sudershan Goel - Advocate

You may need to follow the RBI guidelines.

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Answered on 10/19/11, 10:07 pm
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

the agent registered as per laws and guidelines of RBI, can deal in foreign exchange but the middlemen, not authorized by the law, cannot deal in forex.

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Answered on 10/20/11, 12:22 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

i agree with Adv Gupta

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Answered on 10/20/11, 6:06 am


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