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The broker was founded in Nicosia, Cyprus. Forex brokers provide an online trading platform for currency traders on the Foreign Exchange market.
Is forex trading illegal for Indian residents? Hai, Bro, you are right its illegal to trade online forex indian residents, but i feel its elligal like " no smoking" in public, if you are that much worryed, u go to Dubai and open an International Bank account in HSBC, then open a forex account, trade online from india.