{"id":1367,"date":"2016-11-29T07:38:52","date_gmt":"2016-11-29T07:38:52","guid":{"rendered":"http:\/\/www.makemoneytradingreviews.com\/?page_id=1367"},"modified":"2020-12-02T08:35:34","modified_gmt":"2020-12-02T08:35:34","slug":"sebi-registered","status":"publish","type":"page","link":"https:\/\/www.makemoneytradingreviews.com\/sebi-registered\/","title":{"rendered":"SEBI Forex Brokers"},"content":{"rendered":"
As all Asian countries, India is also very popular among international Forex brokers. Economically, we should also know that India is a developing country with a steady economy which becomes more and more stable and prosperous. In fact, India has the 3rd largest billionaire base in the world, counting astonishing 111 billionaires in the vast country.<\/p>\n
Even if this contradicts the low-income theory, some individuals get to prosper from the cheap labor force and long working hours. In terms of Forex trading in India, the line between legal and illegal Forex trading is still not clear. India has a somewhat confusing standpoint by allowing Forex trading but limiting it to certain requirements. For example, foreign Forex companies are welcome and have free hands, while Indian citizens are restricted to trade under certain conditions (which will be discussed below). India also maintains proper authorities to keep oversight over the financial markets in the country, which are in charge of market integrity, transparency, and protection of market participants.<\/p>\n
The Securities and Exchange Board of India<\/a> (SEBI) dates back to 1988 when it was first established. In 1992, it was granted official legal power. Its role is to regulate the securities and capital markets in India. The role of the SEBI has grown, and it actually has the power to approve relevant by-laws, conduct inspections on companies\u2019 records and their shares, and among other things, issue broker licenses.<\/p>\nBest Forex Brokers<\/h3>\n