Prop firms like FTMO in India.

General
1

Is the business model of prop firms like FTMO,FundedFx considered legal in India?

2

These aren’t. These firms are also part of the list RBI has warned not to deal with. You can check that list here: OctaFX IPL Ad and Illegal CFD Trading - #19 by Bhuvan

2 Likes
3

I mean that what if we use their business model like providing evaluation stages than you pass that and than u get funded but for Indian Stock market not Forex.