RBI adds more entities in 'alert list' of unauthorised forex trading platforms
Some entities in the list are Ranger Capital, TDFX, Inefex, YorkerFX, Growline, Think Markets, Smart Prop Trader, FundedNext, Weltrade, FreshForex, FX Road, DBG Markets, and Plusonetrade.
RBI updates list of unauthorised forex trading platforms; check the full list here, how to check authorised list
The Reserve Bank of India (RBI) has updated the 'Alert List' which includes the names of organisations that are not permitted to trade in foreign exchange. The Alert List contains names of entities which are neither authorised to deal in forex .
RBI Expands Alert List: 13 New Unauthorised Forex Trading Platforms Identified; Check Details Here
The Reserve bank of India (RBI) on Tuesday (October 22) issued an update to its "Alert List", adding 13 names of unauthorised foreign exchange (forex) trading platforms. This move by the RBI is to protect the public from engaging with entities that violate RBI regulations under the Foreign Exchange Management Act (FEMA) of 1999.
RBI adds 13 firms to its alert list of unauthorised Forex trading platforms
RBI adds 13 unauthorized Forex trading platforms to Alert List, including Ranger Capital, TDFX, and Think Markets.
RBI expands its "Alert List" of forex trading platforms, adds 13 new names
The Reserve Bank of India added 13 more entities to its 'Alert List' of unauthorised forex trading platforms. This brings the total number of entities on the list to 88. The list names entities that are not authorised under FEMA or to operate electronic trading platforms for forex transactions.
RBI updates alert list of unauthorised forex trading platforms. Check details
The revised list now includes 13 new names, and these entities are prohibited from engaging in foreign exchange trading under the provisions of the Foreign Exchange Management Act (FEMA), 1999.
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