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Forex trading is simply the act of exchanging one country's currency for that of Another Country. This is not illegal and is done all over the world at banking and other financial institutions. It is especially common amongst travellers who exchange their own currency for that of the country they intend to travel to.

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Why is forex trading illegal in India?

Forex trading is illegal in India because so that no Indian currency would be converted to dollars for trading.


Is forex and fxcm trading legal or illegal in Pakistan?

yes


Where can one find a forex trading company in India?

In the country of India, Foreign Exchange or Forex trading is illegal. Any person found to be trading on the Forex market will be arrested and will face jail time.


Is forex trading applicable in India?

There are no clear laws or rules that define this but in general citizens cannot trade forex directly of by themselves. They need to go through a regulated assigned forex broker. The income derived from forex trading is taxable as well. Forex trading is illegal in india but still some traders trade as of my view its better to trading in indian market like NSE,BSE or mcx safe payment and legalized in india so no worries about payment you can make money better then forex trading like trading in NIFTY and bank NIFTY in stocks index Search kuber trading school in google for more details


Is forex and fxcm trading is leagal or illegal in Pakistan?

yes it's illegal if working without licence of DGCX but there are some companies working like this.


Is forex is a legal business?

Trading forex is legal and for most cases is not different from trading stocks (though you should check the law in your own country). There are some firms that present themself as forex brokers and are involved in illegal activity. Check if the broker is legit before opening an account!


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"The Managed Forex has to do with trading.


What companies produce Forex trading guides?

The companies that produce Forex trading guides are Oanda, FXCM, and Investopedia. Forex trading guides help an individual with beginner trading strategies.


When did ACM begin trading in Forex?

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Are mentoring Forex Trading Signals programs worth it?

When you are selecting a forex advisor for trading, you should select that advisory company who has a good reputation in the market. And also Forex trading depends on the efficiency and analysis of your forex signal advisor.


When is the forex market open for trading?

The Forex Market is the largest market in the world trading around $1.5 trillion each day. Trading in the Forex is not done at one central location The Forex market is available for trading 24 hour a day, five and one one half day per week. Due to the 24 hour trading availability in Forex market it is the world's biggest trading market.


Maximum limit in investing in forex trading?

There is no universal maximum limit for investing in forex trading.