Additionally, the SEBI restricts the registered broker’s ability to offer trading in four currency pairs, including USD INR, EUR INR, GBP INR, and JPY INR. While the currency on the left is the base currency, the currency on the right is the quote currency. Trading in other currency pairs is considered illegal in India. Forex Brokers Accepting Mobile MoneyForex Brokers Accepting PayPalForex Brokers Accepting Credit CardsForex Brokers Accepting ChequesForex Brokers Accepting Bitcoin Many trustworthy forex brokers do offer mobile apps for trading. There is a wide selection available, including apps that are developed by brokers in-house, as well as apps from third-party developers. To avoid forex scams, you should only use regulated banks and brokers that are properly licensed to offer forex trading services in your country of residence. For example, if you live in the U.K., check the Financial Conduct Authority (FCA) to verify a broker is regulated.
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