Read more How Forex Robots Work A Forex trading robot is a computer program that uses various forex trading signals to determine whether to buy or sell a particular currency pair at any partic The Securities and Exchange Board of India SEBI is a Government appointed regulator that received its statutory powers in to regulate and supervise all financial entities dealing in the securities market. Therefore, Converting the INR to USD or other currencies for the sake of trading the FX markets with overseas Forex brokers is considered to be an illegal activity that can attract severe fines and even prison time. With easyMarkets, there is no commission on trades but there is fixed dealing on spreads. Mobile trading allows investors to use their smartphones to trade.