Company Information

Get to know BuyForexOnline

BuyForexOnline.com is the online retail foreign exchange portal of EbixCash World Money Limited, which is India's largest non-bank provider of foreign exchange and remittance services. The platform's mission is to provide a seamless, transparent, and convenient digital solution for individuals in India who require foreign currency for travel, education, or other overseas purposes. It leverages its parent company's extensive network and license from the Reserve Bank of India (RBI) as an Authorised Dealer Category II to offer competitive rates and door-step delivery for its forex products.

Industry

Financial PaymentPRIMARY
Financial Other Service

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BuyForexOnline

India

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.