Exness Regulated India

Understanding Forex Trading Regulations in India Before diving into Exness’s regulatory status, it’s essential to understand the regulatory framework governing forex trading in India. Forex trading is regulated by two primary authorities:

1. Reserve Bank of India (RBI): The RBI oversees foreign exchange transactions under the Foreign Exchange Management Act (FEMA), 1999. FEMA restricts retail forex trading to currency pairs involving the Indian Rupee (INR), such as USD/INR, EUR/INR, GBP/INR, and JPY/INR. These trades must occur through RBI-approved entities, such as the National Stock Exchange (NSE) or Bombay Stock Exchange (BSE).

2. Securities and Exchange Board of India (SEBI): SEBI regulates India’s financial markets, including forex brokers operating within the country. SEBI mandates that brokers offering forex trading services to Indian residents must be registered with it and comply with strict guidelines to protect investors.