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Hi, is forex trading member in a recognized exchange the sam

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Hi, is forex trading member in a recognized exchange the sam

Postby jonty fx » Sat Aug 03, 2013 3:25 pm

Both are different. If a Trader member of Exchange desires to trade in Foreign Exchange he has to obtain RBI clearance and Foreign Exchange Dealers Association.

A Dealer in Foreign Exchange need not be a member of Stock Exchange.It is a different Trade altogether.
jonty fx
 
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