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Online Forex Trading in India is becoming increasingly popular, especially with the rise of discount brokers and online trading platforms. However, due to regulations set by SEBI (Securities and Exchange Board of India), Indian residents can only trade currency pairs involving the Indian Rupee (INR) on Indian exchanges like the National Stock Exchange (NSE) or the Bombay Stock Exchange (BSE).
For global Forex pairs (e.g., EUR/USD, GBP/USD), Indian traders may have to use offshore Forex brokers, which offer access to international marke