USDINR Currency trading is not banned in India. You can trade USDINR or other currency pairs without any issue if you have underlying exposure. Just as per SEBI or CDS circular, you just need to submit exposure disclosure form to continue currency trading.
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Should we have underlying exposure?? What r you saying???
Customer care wale co dhondoge jab fema k against jaa ne k liye arrest honge?
If I am not submitted at 4 April and not have any open position. Can I submitted it latest??
Declaration submit karne se currency trading kar sakenge kya after 5 April
Kotak securities m squared off krne ko bolre h 4th april tak , unhone declaration form b nhi diya
เคนเคฎ เคฒเฅเค เคเฅเคตเคฒ trader hein เคนเคฎเคพเคฐเคพ เคเฅเค เคญเฅ valid underlying exposure เคจเคนเฅเค เคนเฅเคคเคพ เคนเฅ เคเคฟเคธเคเฅ against เคเคพเคเคฐ เคเคฐเฅเคเคธเฅ เคนเฅเคเคผ เคเคฐเคเฅ เคชเฅเคเฅเคถเคจ เคฌเคจเคพเคเค according to recent rbi circular and fema laws, เคเฅเคตเคฒ trading without valid underlying exposure เคชเคฐ เคเฅเค clearance nahi hai, isliye humen lagta hai ki trading band ho jayegi nahin to fir rbi aur fema ka ragda jhelo
Jinka loss km h wo book kr lo faltu mai tension leke koi fayda nhi hai.1 baar sari chize clear hone do tb nyi position bna lena.
I have not exited my current usdinr option position. So if i submit this declaration tonight, my position wether be it in loss will stand as open even after 2pm?
Wrong information…. sirf hedge position allow hai
Sab nikal jao isi me fayada h
I sell future 20 lots may 24
Exited with huge loss 2 month earning wiped off.
We will have to hold underlying so better keep off currency trading for now. Declaration form means keeping your neck on line so if authorities ask for your underlying hold and you dont have it then it will be a big bamboo
FEMA ka ulanghan yani ED ka raid ghar pe. ED ka raid hoga aur baad mein chanda mangne lagenge๐
mauj ho gayi, under ki baat sun lo, pyaro, ab SAARI TRADING FULLY BAND HO JAYEGI, PAHLE SE BATA DE RAHA HOON, PHIR MAT KAHNA KI KISI NE BATAYA NAHI, isliye kisi mandir ya majar ke aage abhi se katora lekar baithne ki practice kar lo pyaro……………., beta aage aage dekho hota hai kia, tumne to abdul ko barbad karne ke liye ,,,/jpkpjpipkl'l j; kia tha per, lanka to ultu tumari hi lag gayi, ,,,,,,,,,,,,,,, gazab bhagwan kia leela hai tumari mauj ho gayi ha ha hahah
It is not so simple. Read point 3 and 4 of the Declaration Form. If reqd. what evidence shall we produce for underlying exposure ?
Don't sign this declaration form blindly.
Thanks a lot Sir. Sir what is written in the form? Secondly, in future when We will trade on USD INR, is it a mandate to submit the form or it is only for people who have existing position till date??
To kewl form print krwaa ke date aur sign krke fir uski photo click kr bhej dun bs kuch khi krna???
From Today On-words, Who Ever Traders In CDS, Needs To Submit This Declaration Form. In Short, To Keep Your CDS Segment Active, You Need To Submit Declaration Form. Simple. No Need To Panic Guys If You Dont Have Any Position Active Right Now. You Can Submit Form Any Time. The Time Limit Is Given To Those Traders Whose Position Is Active Right Now And Notification Also Showing To Them Only. Just Confirmed.
Bcv
what about Olymptrade or other, trading karsakte kya sir
Declaration is a trap and for the time being declaration form can save you from closing trade. But in future the currency trading is banned for retailers who don't have underlying exposure. Penalty for trading without exposure are very high under FEMA act.