RBI updates the Alert List of unauthorised forex trading platforms. Adds 13th more online portals to the list making list to grow to total 88 unauthorised forex trading platforms
The Reserve Bank of India (RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms.Â
| Sr. No | Name | Website |
| 1 | Ranger Capital | https://www.rangercapital.net |
| 2 | TDFX | https://www.tdfx.exchange |
| 3 | Inefex | https://www.inefex.com/international |
| 4 | YorkerFX | https://yorkermarkets.com |
| 5 | Growline | https://grow-line.org |
| 6 | Think Markets | https://www.thinkmarkets.com |
| 7 | Smart Prop Trader | https://www.smartproptrader.com |
| 8 | FundedNext | https://fundednext.com |
| 9 | Weltrade | https://www.weltrade.com |
| 10 | FreshForex | https://freshforex.com |
| 11 | FX Road | https://www.fxroad.com |
| 12 | DBG Markets | https://www.dbgmarketsglobal.com |
| 13 | Plusonetrade | https://www.plusonetrade.com |
The Alert List contains names of entities which are neither authorised to deal in forex 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. The Alert List also contains names of entities/platforms/websites which appear to be promoting unauthorised entities/ETPs, including through advertisements of such unauthorised entities or claiming to be providing training/advisory services. This list is not exhaustive. An entity not appearing in the list should not be assumed to be authorised by the RBI. The authorisation status of any person/ETP can be ascertained from the list of authorised persons and authorised ETPs.
Download updated RBI Alter list as on 22.10.2024 Click here >>
- Form 26 to replace Form 3CD of tax audit report by a CA from Tax Year 2026-27
- When no addition is made on the basis of reasons recorded, reopening is bad in law
- No separate compensation for loss of love and affection under MV Act – SC
- Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G
- Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court
