Exness Banned India: yes or no
Forex Trading Regulations in India
To determine whether Exness is banned or legal in India, we must first understand the regulatory framework governing forex trading. India has a stringent yet structured system designed to protect its financial stability and retail investors. The two primary authorities overseeing forex activities are:
Reserve Bank of India (RBI): As India’s central bank, the RBI regulates foreign exchange transactions under the Foreign Exchange Management Act (FEMA), 1999. The RBI’s primary goals are to prevent unauthorized capital outflows, maintain economic stability, and protect India’s foreign reserves.
