octafx — Regarding legality

Website:OctaFx.com

Indian government says trading online forex isn't legal apart from other currencies paired with INR. But this broker offers trading to all the currency pairs apart from INR. I've also read that if you trade with other currency pairs you're voilating Indian law and you can be punished for it. So why is this app/broker still legal. When I contact their support they say they have many Indian customers who are able to withdraw without issues and never answer my question about legality. Please look into this as they are making Indian citizens voilate the law.
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit

    Contact Information

    India
    File a Complaint