How to trade forex in india. Forex trading in simple terms is the trading in currencies from different is where I give the Indian Rupees and get UAE Dhirams in exchange.

How to trade forex in india

How to make money in Forex Market and currency trading?

How to trade forex in india. In general, forex or currency trading is a big black box for small investors. There are legal ways of trading forex in India as Indian exchanges.

How to trade forex in india

Trading in foreign currency is known as Forex Trading. You might have noticed that the value of the dollar is going up every day. Dollar exchange rate was Rs. Investors willing to take advantage of this appreciation in short and medium term can participate in currency trading.

As per RBI guideline, all Indian resident including banks and financial institutions can do forex trading in currency pairs. So, if you are trading with brokers who have membership in mention exchange it is absolutely legal.

Forex Trading is same as that of equity trading. In equity trading rate of share matters while in forex trading exchange rate matters. You can buy or sell currency pair as per your expectation of movement in currencies. Please refer to the example given below for better understanding. Forex Trading can be done with register Indian brokers.

Best Brokers offering Forex Trading services in India are —. Trading in forex carries a high level of risk and it may not suits everyone. Before deciding to do forex you should consider your investment objectives, risk carrying capacity and level of experience. If you have any queries related to Forex trading it is advisable to take advice from an independent financial advisor. Hi, I am Raviraj. I am passionate about money matters and finance.

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