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    Is forex trading legal in india with abroad brokers ?RBI circular

    Have you guys tried BeamFX in New York? I live in India and have been trading forex with them for 2 months now. Funds are held in Citibank - very safe.
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    is this way legal?

    I don't understand the problem. If only a bank like barclays or citibank has your money, and not the actual forex broker, then why is it illegal? It's just transactions between you and a large bank...
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    Is Forex Trading in India legal from Alpari india ?

    I live in India and trade forex through BeamFX in New York. Money is held in Citibank - one of the largest international banks in the world. So far I have not gotten in trouble doing this... Why is it wrong?
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    Any Forex Brokers in India ?

    Hi guys, I recently trade forex with a broker from Cyprus, but they close down. Any suggestions for a new broker?