In India, forex trading is regulated by the Securities and Exchange Board of India (SEBI), which has specific rules and guidelines for forex trading. While forex trading is legal in India, it's important to note that currency trading on foreign exchanges (such as the EUR/USD or GBP/JPY) is restricted to certain currency pairs that involve the Indian Rupee (INR), like USD/INR, EUR/INR, GBP/INR,...