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Forex trading in India is regulated by the Reserve Bank of India (RBI) and Securities and Exchange Board of India (SEBI). While Forex trading is popular, Indian traders are generally restricted from trading in the global Forex market directly through international brokers. However, they can trade currency derivatives (forex futures and options) in Indian exchanges such as NSE (National Stock Exchange), BSE (Bombay Stock Exchange), and MCX-SX (Multi Commodity Exchange of India).

Several Forex trading companies in India offer currency tr