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The money that can be remitted has even increased to USD 100,000. But one cant remit the funds for margin trading - the reason being, increasing no. of cases of ppl using the whole 100K for margin trading, and end up sending out more than the limit when it came to margin call. Hopefully rule...

Hi, Just been following the thread. I m working with Saxo Bank, and personally been trading for a while. Since I deal mainly with clients from India, I believe there is no regulatory restriction on trading FX thru a foreign I-bank, as long as the amt does not exceed 100K USD per financial year...