Continuing the discussion from Legal Forex Trading in India:
I DONT THINK SO AS THE WEBSITE IS NOT SEEING PROPERLY REGULATED BY RBI.
The website seems to direct FXRETAIL.co.in
Also directs to - FxRetailPlatform
More about it on Clearing Crop. Website - https://www.ccilindia.com/AboutUs/Documents/Writeup%20on%20FX-RETAIL%20Platform.pdf
Please Do Due Diligence.
Also only USD/INR trading pair is mentioned.
2 Likes
How is the volume liquidity turnover in this platform exchange ; compare to the NSE ?
Not sure about this website. Better to check the regulatory body details to get confirmation about their services before signing up with them.
It is always necessary to check with the regulatory authority before signing up on any website for forex trading. It is recommended to choose only the legitimate ones otherwise it might lead to fraud.