Exness Legal India
The Regulatory Framework for Forex Trading in India
To determine whether Exness is legal in India, we must first understand the country’s regulatory environment for forex trading. India has a tightly controlled financial market, primarily governed by two key bodies:
1. Securities and Exchange Board of India (SEBI)
SEBI regulates India’s securities and commodities markets, including forex trading in certain contexts. It ensures transparency, protects investors, and enforces compliance with financial laws. Forex brokers operating in India must:
Be registered with SEBI.
Adhere to Know Your Customer (KYC) and Anti-Money Laundering (AML) policies.
Offer only INR-based currency pairs for trading.