SEBI
Securities and Exchange Board of India - India's securities market regulator.
SEBI is India's securities regulator. Retail forex trading is heavily restricted in India, limited to INR pairs through authorised dealers.
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
Indian residents have limited legal forex options
Only trade through SEBI-registered brokers
Currency futures/options available on NSE/BSE
SEBI Example
Say an Indian resident wants to trade EUR/USD with an offshore broker. Indian rules only permit INR pairs through authorized dealers, so the offshore account breaks local law regardless of the broker licence. Residents who ignore this risk frozen transfers.
How Traders Use SEBI
If you live in India, trade only permitted INR pairs through authorized dealers. Offshore forex accounts are not a grey area worth testing with your bank.
Related Terms
Put Your Knowledge Into Practice
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