List of Apps & Website which is not Authorised to Deal with Forex Trading in India (RBI)


Reserve Bank of India has given the list of apps, company and their website which are not authorised to deal with Forex in India.  


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. 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. The authorisation status of any person / ETP can be ascertained from the list of authorised persons and authorised ETPs.

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
27
OctaFX
https://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

source - RBI