The rules for trading forex change a lot depending on where you live. In the UAE you can open an account with a locally licensed broker. In India, trading forex with an overseas online platform breaks RBI rules. Most brokers also serve each country through a different company, which means different protection for the same brand.
Each country page below gives you the short legal answer first, then the local regulator, the payment methods people actually use, and the broker pages we have checked for that country.
| Country | The short answer | Broker pages |
|---|---|---|
| India | India has the largest English-language forex audience in Asia and some of the tightest rules. | 0 |
| Malaysia | Malaysia has an active retail trading community and a local offshore centre in Labuan, where several brokers hold licenses. | 0 |
| Pakistan | Interest in forex trading in Pakistan is high, and many offshore brokers accept Pakistani clients with deposits through JazzCash, Easypaisa, local bank transfer... | 0 |
| Saudi Arabia | Saudi Arabia is the largest market in the Gulf by population, and swap-free Islamic accounts matter more here than almost anywhere. | 0 |
| UAE | The UAE has one of the most developed broker markets in the Gulf, with three regulators covering onshore business and the two financial free zones. | 7 |
More countries in Asia and the Gulf are on the way. If you want to know whether a broker is allowed where you live, start with its licence on our regulators page and the warnings on our regulator warnings page.