When I first started looking for a platform for trading, OctaFX often appeared in recommendations. Everything seemed reliable, but I was tormented by one question: Is OctaFX legal in India? To figure it out, I decided to look for official sources and opinions of experienced traders. I came across the website, which describes licenses and terms of work in detail. OctaFX is not registered in India, which means it is not regulated by SEBI. This does not make it “illegal”, but traders should understand the risks. According to RBI rules, direct forex with foreign platforms is a gray area. I decided that for now I will try with a demo account and minimal amounts. Legislation changes, so it is important to be aware. Better to be safe than sorry later.
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