u/sureshdooly

Recently saw news about a guy being penalised ₹5 crore by the Indian government for forex trading. Apparently, he had invested ₹5+ crore as well.
So got curious — when does the government actually start penalising forex traders? 😅
Is there any annual limit on investment/deposit and withdrawal for forex trading in India?
Anyone here knows the actual RBI/FEMA limits or has experienced this?
Just trying to understand where the line is before I accidentally become “that guy” 😂

Anyone here trading both Indian markets and Forex?

I’m curious to hear from traders who have experience in both.
• Which market did you eventually feel more comfortable with after gaining a few years of experience?
• What issues did you face — from your broker’s side or from your own trading decisions?
• Which market gave you the best learning experiences?
• Where did you earn the most and where did you lose the most?
• Based on your journey, which market would you recommend for:
• Beginners
• Intermediate traders
• Professional traders