# Forex Trading India

**URL:** https://tradingqna.com/t/forex-trading-india/129620
**Category:** Trading
**Created:** [April 11, 2022, 6:58am UTC](https://tradingqna.com/t/forex-trading-india/129620 "2022-04-11T06:58:12Z")
**Posts on this page:** 1
**Showing post:** 12

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### Author: ![BB789](https://tradingqna.com/user_avatar/tradingqna.com/bb789/32/91597_2.png) [@BB789](https://tradingqna.com/u/BB789)
#### Post date: [June 17, 2026, 2:34pm UTC](https://tradingqna.com/t/forex-trading-india/129620/12 "2026-06-17T14:34:36Z")

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> [@Abhi\_001](#):
>
> Point 1 - I was not previously engaged in currency trading through Zerodha, so how can i give this declaratio

They really should remove this point. It makes no sense. Signing a known lie in a legal document could land you in huge trouble. Also it says “trading activities”, which is explicitly not allowed. Only hedging is allowed. @siva Pls remove it ASAP.

> [@Abhi\_001](#):
>
> What is the actual ask here? All the trading records will be with Zerodha, so what additional needs to be provided?

You need to have contractual exposure outside Zerodha. As per RBI, you can only hedge that outside exposure with currency derivatives and not really trade.

Also related:

> [@Why should we sign forex declaration forms for CDS activation?](https://tradingqna.com/t/why-should-we-sign-forex-declaration-forms-for-cds-activation/193062):
>
> I understand this is needed for forex derivatives. But bond derivatives also come under “CDS” segment and we are allowed to trade in it without FEMA involvement. Right? @siva So, Why should we “falsely” declare that I have a contractual fx position for CDS activation?

> [@Query on Currency derivatives trading post 04 April 2024 in view of RBI circular dated 05 Jan 2024](https://tradingqna.com/t/query-on-currency-derivatives-trading-post-04-april-2024-in-view-of-rbi-circular-dated-05-jan-2024/161976/295):
>
> Excerpts From xii) 45 ‘Contracted exposure’ refers to currency risk arising on account of current and capital account transactions permissible under the Act or any rules or regulations made thereunder, that have been entered into; xiii) 46 ‘Anticipated exposure’ refers to currency risk arising on account of current and capital account transactions permissible under the Act or any rules or regulations made thereunder, that are proposed to be entered into in future; xiv) 47’Currency risk…

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