[Resolved]  General — FOREX

People are started investing in forex. The company wil induce by giving 20% per month along with the principle for twelvemaonth. If you have knowledge, you open an account and trade. No problem. But donot reliable on the other party. Example every one know a lot of company.
Bank - rbi, insurance - irda, stock - sebi, commodity - fmc regulators are available. But for ex we donot have any regulator. Why you want ot take risk.
Possible is thier to make more than 20% per month in forex, but unfortunate, we donot have regulator.
Here after any person come and ask you to invest in any forex trading, ask the cocern company got approval from rbi. (Becauseto transfer fund from dollar to inr is having limitations)
Some company will give agrement paper in bond paper and some of them will issue pdc, interms no use with these of formalities.
Demand for rbi approval and confirm with rbi by web contact. Ensure the letter is original. You will find the real face of the company.
Some company will say mcx sx approval we have, it is not a regulator, and it is under trial under process and every year they have to reniew with rbi.
Till now proper rules is not formed in forex, so not to take risk, insted you have oppurtunity in equity and commodity with the regulators.
Try individually and trade make moner are take risk interms of loss.
This matter i am giving on behalf of public welfare.
Think thousand times before you enter and start question the person for thousand time. If you do this process you can protect your thousands of money.
Be careful and follow the above said system.
All the best to every one.