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Only a few SEBI-registered brokers can legally offer Forex services, and trading is limited to currency pairs involving the Indian rupee (USD/INR, EUR/INR, GBP/INR, JPY/INR). Many traders still fall for offshore or unlicensed apps, risking funds and potential legal action. Learn how to trade forex legally and safely in India with RBI-approved brokers. Find out the rules, benefits, and tips for forex trading in India . Trading CFDs and FX Options entail risk and could result in the loss of your capital. Discover Why More Than 400,000 Traders Choose AvaTrade™. If you’re a beginner wondering “how to do forex trading in India ”, start small, practice a lot, and focus on building skills. The journey is exciting but like any skill, success comes with discipline and consistency.