Overview
- The new entries are Starnet FX, CapPlace, Mirrox, Fusion Markets, Trive, NXG Markets and Nord FX.
- The alert list flags entities not authorised under FEMA to deal in foreign exchange or to operate electronic trading platforms.
- The alert list also names websites and promoters that appear to advertise unauthorised services or claim to offer training or advisory ties to such platforms.
- The RBI cautions that the list is not exhaustive, so absence from it does not imply authorisation.
- Users can confirm status on RBI lists of authorised persons and authorised ETPs, with the regulator warning against unregulated online forex trading.