Hello Sir,

I have come to know about few firms in India that offers to trade in U.S stock exchanges (NYSE, NASDAQ, AMEX) from India. I would like to know; is all this legal? I’ve met some traders from those firms also. However, they all seem to not know about this.

Please help me and let me know if it is legal or illegal from Indian government, SEBI and RBI’s perspective.

Thanks,

Santosh