❓ASK – Why forex market is banned in many countries? | Proxies-free

Forex has become a very popular platform of earning just like stock market. Even the popularity of forex trading is higher than that of stock, because foex market is worth trollion dollar, where as stock market is much much lower. But still many counties don’t support trading.

Even in India, there is restrictions that we can’t trade with USD pairs except for USD/INR. It’s just an example, there are several other countries who even ban on forex trading. Why such restrictions? Can anyone explain.