RBI Banned Forex Trading Apps in India Full List

Find the latest RBI Banned Forex Trading Apps in India, RBI ban forex trading app list, RBI banned forex trading apps, illegal forex trading apps, rbi banned apps.

The Reserve Bank of India (RBI) has banned some forex trading apps which had

RBI has cautioned the public not to undertake forex transactions on unauthorised electronic trading platforms (ETPs) or remit/deposit money for unauthorised forex transactions.

Full List of RBI Banned Forex Trading Apps in India

Under the Foreign Exchange Management Act, 1999 (FEMA) nor authorised to operate electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018.

This list is not exhaustive and is based on what was known to RBI at the time of publication. An entity not appearing in the list should not be assumed to be authorised by the RBI.

Here is an up-to-date complete list of banned forex trading apps in India.

Sr. NoNameWebsite
1Alparihttps://alpari.com
2AnyFXhttps://anyfx.in
3Ava Tradehttps://www.avatrade.com
4Binomohttps://binomoidr.com/in
5eTorohttps://www.etoro.com
6Exnesshttps://www.exness.com
7Expert Optionhttps://expertoption.com
8FBShttps://fbs.com
9FinFxProhttps://finfxpro.com
10Forex.comhttps://www.forex.com
11Forex4moneyhttps://www.forex4money.com
12Foxorexhttps://foxorex.com
13FTMOhttps://ftmo.com/en
14FVP Tradehttps://fvpt-uk.com
15FXPrimushttps://fxprimus.com
16FXStreethttps://www.fxstreet.com
17FXCMhttps://www.fxcm.com
18FxNicehttps://fx-nice.net
19FXTMhttps://www.forextime.com
20HotForexhttps://www.hotforex.com
21ibell Marketshttps://ibellmarkets.com
22IC Marketshttps://www.icmarkets.com
23iFOREXhttps://www.iforex.in
24IG Marketshttps://www.ig.com
25IQ Optionhttps://iq-option.com
26NTS Forex Tradinghttps://ntstradingrobot.com
27OctaFXhttps://octaindia.net
https://hi.octafx.com
https//www.octafx.com
28Olymp Tradehttps://olymptrade.com
29TD Ameritradehttps://www.tdameritrade.com
30TP Global FXhttps://www.tpglobalfx.com
31Trade Sight FXhttps://tradesightfx.co.in
32Urban Forexhttps://www.urbanforex.com
33XMhttps://www.xm.com
34XTBhttps://www.xtb.com

Bottomline

Many of the above apps had sponsored IPL teams, Bollywood celebs, and internet influencers. But at this time they all are banned and declared illegal by RBI.

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