There are always workarounds but you need to decide if you really wish to go for something which is not allowed by the local regulations. To be honest, if any Forex broker is offering those workarounds that would raise the questions about the ethics in general and those questions may bring in bigger questions about relying on those brokers. That is the reason that you may find none of the top Forex brokers's offices (e.g. Oanda or FXCM) in your country. You may check a thread about this topic at http://www.forexabode.com/forum/forex-fo...

Hi All, I am from India. I want to involve in Forex Trading, but as per RBI (Reserve Bank of India), Forex Trading (apart from INR & another currency) is not allowed in India. I have heard that they track with banks for such transactions. Can anyone suggest me the best way to deposit and withdraw money without being caught ? Does RBS (Royal Bank of Scotland) is a good option or do we have another better solution to mitigate the risk ?