RBI updates the Alert List of unauthorised forex trading platforms

The Reserve Bank of India (RBI) issued an updated alert list of unauthorized forex trading platforms, warning investors about unregistered entities operating without regulatory approval. The list, which includes several online platforms, aims to protect consumers from fraud and financial scams. The RBI has consistently stressed the importance of trading only with authorized dealers and brokers to avoid losses. This move is part of broader efforts to regulate the forex market and ensure that operators comply with Indian laws.