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tratizidan19(UID: 659193)

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兴趣爱好Indian citizens can trade on the foreign exchange market through foreign brokers, although they are restricted from using all of the trading tools available. India's participation in the global Forex market is limited by the country's ban on binary trades, in which investors receive a predetermined sum or nothing at all. With no involvement from a third party, binary transactions take place between the trader and the platform. Online trading platforms offer significant leverage to link more traders; some even advertise 100 times the value of the investment. FEMA (Foreign Exchange Management Act) and the RBI's Liberalised Remittance Scheme, however, forbid binary trading. Forex trading involves trading currencies and offers opportunities to profit from currency rate changes. Its global reach and high liquidity attract many traders, including those in India. Yet, trading money requires understanding the unique aspects, rules, and strategies for forex trading in India.