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SEBI

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

Quick answer

SEBI is India's securities regulator. Retail forex trading is heavily restricted in India, limited to INR pairs through authorised dealers.

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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