Mumbai: The Reserve Bank of India (RBI) on Tuesday released an updated ‘Alert List’ of unauthorised forex trading platforms. In the new list, the central bank has added 13 more entities, including TDFX and Inefex, taking the total to 88.
For the convenience of the common man, the RBI Alert List mentions names of entities which don;t have the official permission to deal in forex under the Foreign Exchange Management Act, 1999 (FEMA) and operate electronic trading platform (ETP) for forex transactions under the Electronic Trading Platforms (Reserve Bank) Directions, 2018.
The RBI list includes the names of, FundedNext, DBG Markets, Plusonetrade, Weltrade, Inefex, YorkerFX, Growline, Ranger Capital, TDFX, Think Markets, Smart Prop Trader, FreshForex, and FX Road.
The Reserve Bank further said that the updated Alert List also mentions the names of websites/platforms/entities which appear to be advocating or promoting unauthorised entities/ETPs. The central bank categorically stated that if an entity is not in the list, it should not be assumed to be authorised by the RBI.
The RBI) has added the following entities/platforms/websites to the Alert List of unauthorised forex trading platforms:
Sr. No
Name
Website
1
Alpari
https://alpari.com
2
Anyfx
https://anyfx.in
3
Ava Trade
https://www.avatrade.com
4
Binomo
https://binomoidr.com/in
5
eToro
https://www.etoro.com
6
Exness
https://www.exness.com
7
Expert Option
https://expertoption.com
8
FBS
https://fbs.com
9
FinFxPro
https://finfxpro.com
10
Forex.com
https://www.forex.com
11
Forex4money
https://www.forex4money.com
12
Foxorex
https://foxorex.com
13
FTMO
https://ftmo.com/en
14
FVP Trade
https://fvpt-uk.com
15
FXPrimus
https://fxprimus.com
16
FX Street
https://www.fxstreet.com
17
FXCM
https://www.fxcm.com
18
FxNice
https://fx-nice.net
19
FXTM
https://www.forextime.com
20
HotForex
https://www.hotforex.com
21
ibell Markets
https://ibellmarkets.com
22
IC Markets
https://www.icmarkets.com
23
iFOREX
https://www.iforex.in
24
IG Markets
https://www.ig.com
25
IQ Option
https://iq-option.com
26
NTS Forex Trading
https://ntstradingrobot.com
27
OctaFX
https://octaindia.net
https://hi.octafx.com
https://www.octafx.com
28
Olymp Trade
https://olymptrade.com
29
TD Ameritrade
https://www.tdameritrade.com
30
TP Global FX
https://www.tpglobalfx.com
31
Trade Sight FX
https://tradesightfx.co.in
32
Urban Forex
https://www.urbanforex.com
33
XM
https://www.xm.com
34
XTB
https://www.xtb.com
35
Quotex
https://quotex.com
36
FX Western
https://www.fxwestern.com
37
Pocket Option
https://pocketoption.com
38
Tickmill
https://www.tickmill.com
39
Cabana Capitals
https://www.cabanacapitals.com
40
Vantage Markets
https://www.vantagemarkets.com
41
VT Markets
https://www.vtmarkets.com
42
Iron Fx
https://www.ironfx.com
43
Infinox
https://www.infinox.com
44
BD Swiss
https://global.bdswiss.com
45
FP Markets
https://www.fpmarkets.com
46
MetaTrader 4
https://www.metatrader4.com
47
MetaTrader 5
https://www.metatrader5.com
48
Pepperstone
https://pepperstone.com
49
QFX Markets
https://qfxmarkets.com/
50
2WinTrade
https://www.2wintrade.com/
51
Guru Trade7 Limited
https://www.gurutrade7.com/
52
Bric Trade
https://www.brictrade.com/
53
Rubik Trade
https://www.rubiktrade.com/
54
Dream Trade
Mobile Application
55
Mini Trade
Mobile Application
56
Trust Trade
Mobile Application
57
Admiral Market
https://admiralmarkets.com
58
BlackBull
https://blackbull.com
59
Easy Markets
https://www.easymarkets.com
60
Enclave FX
https://enclavefx.com
61
Finowiz Fintech Limited
https://finowiz.com
62
FX SmartBull
https://www.fxsmartbull.com
63
Fx Tray Market
https://www.fxtray.com
64
Forex4you
https://www.forex4you.com
65
GoDo FX
https://www.godofx.com
66
Growing Capital Services Ltd.
https://www.growingcapital.uk
67
HF Markets
https://www.hfm.com
68
HYCM Capital Markets
https://hycm.com
69
JGCFX
https://jgcfx.com
70
Just Markets
https://justmarkets.com
71
PU Prime
https://in.puprime.com
72
Real Gold Capital Ltd.
https://www.realgoldcapitals.com
73
TNFX
https://tnfx.co
74
Ya Markets
https://www.yamarkets.com
75
Gate Trade
Mobile Application
76
Ranger Capital
https://www.rangercapital.net
77
TDFX
https://www.tdfx.exchange
78
Inefex
https://www.inefex.com/international
79
YorkerFX
https://yorkermarkets.com
80
Growline
https://grow-line.org
81
Think Markets
https://www.thinkmarkets.com
82
Smart Prop Trader
https://www.smartproptrader.com
83
FundedNext
https://fundednext.com
84
Weltrade
https://www.weltrade.com
85
FreshForex
https://freshforex.com
86
FX Road
https://www.fxroad.com
87
DBG Markets
https://www.dbgmarketsglobal.com
88
Plusonetrade
https://www.plusonetrade.com
The Reserve Bank of India has added 13 more entities to its ‘Alert List’ of unauthorised forex trading platforms. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
