Essential

SEBI

Securities and Exchange Board of India - India's securities market regulator.

Definition

SEBI (Securities and Exchange Board of India) is India's securities markets regulator. Retail forex trading is heavily restricted in India - only INR pairs through authorized dealers. SEBI regulates stockbrokers, mutual funds, and listed companies.

How It Works

  • Regulates Indian securities markets
  • Forex trading restricted to INR pairs only
  • Only authorized dealers can offer forex
  • Offshore forex trading is technically illegal for Indian residents

Trading Tips

1

Indian residents have limited legal forex options

2

Only trade through SEBI-registered brokers

3

Currency futures/options available on NSE/BSE

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