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Investors interested in trading in currency derivatives are required to open a trading account for currency derivatives.

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The RBI did not have any previous comment.

RBI proposes forex platform for retail participants

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RBI cracks down on forex speculative trading: sources | Reuters At times, the calls have gone beyond queries on flows and positions. Let me explain- there are lot of offshore online portals based in countries that are considered forex trading banks in india be tax havens and are outside the purview of Indian legal framework that allow an individual to trade online in foreign currency with a small margin; however that is not allowed by the RBI.

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  • RBI proposes forex platform for retail participants

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