Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ot that you fully understand the risks involved. There is no central exchange as it trades over the counter. Forex trading allows you to buy and sell currencies, similar to stock trading except you can do it 24 hours a day, five days a week, you have access to margin trading, and you gain exposure to international markets.
FXCM is a leading forex brokerage. Legal or not. What is Forex Trading in India. She claimed returns ranges from 8% to 95% within a month. So let us look at this offer whether this is the legal or not. Forex trading in India is illegal where there is no involvement of Indian Rupee. You can trade with involvement of Indian Rupees like USDINR, EURINR, GBPINR or JPYINR.The reason for sharing this if with you all is, in future you may be under such trap.
So thought to share this information and making you aware about what actually are Indian regulations about this Forex Trading.