The concept of forex trading is relatively new in India. Ever since citizens discovered the enticing opportunities that this market provides, they have started to direct their attention towards this market. However, the Indian government has put certain restrictions on FX trading in the country to protect its citizens from the regular risks of the …
When it comes to currency trading, it has always been controversial in India. If you are a new trader, you must be very confused regarding the legality of trading in this country. The main question is if it is legal to trade, and if yes, then how to trade forex offshore currencies legally in India. …
Two of the biggest financial markets that are traded on a daily basis are equities and foreign exchange. These two terms dominate the news and discussions almost every day. A lot of the times, the two markets are compared by traders to find out which one is the most profitable. While stock trading is the …
India’s foreign exchange market is relatively new, starting only three decades ago back in 1978, when the government allowed banks to trade foreign exchange with one another. 70% of today’s FX activity in the country takes place in the inter-bank market, which consists of more than 90 authorised dealers. Trading is regulated by the Foreign …
Stocks and equity trading are very familiar to most people nowadays, but the high potential of currency trading is yet to discover. Currency trading is one of the largest financial markets in the world where trading over $5 trillion occurs in a day. The economy in India has a strong foothold and it hosts numerous …
When Indian investors trade forex for the first time, they either get lucky or fail to turn the market condition in their favour. Although it might seem like a gambling scenario forex markets are primarily meant for finance. Because in forex, traders are not deliberately put in a disadvantageous position, unlike gambling. Many Indian investors …
Forex trading in India has gained acceleration in the past few years. Forex presents an immense opportunity to investors who understand its basic concept to trade responsibly. Nowadays, it has become one of the largest online trading markets. There are several international forex brokers that avail traders and investors based in India to sign up …
Unless someone has been living under a rock for the past few years, there is no way to not recognise the world’s largest cryptocurrency i.e., Bitcoin (or BTC). Since the year of 2009, when it was created by an anonymous creator Satoshi Nakamoto, bitcoin has been a rewarding opportunity to make profits. As of today, …
Introduction The Forex market is the largest financial market globally. It is estimated to have a daily turnover of over $6.6 trillion. The Forex industry is comprised of buyers and sellers willing to exchange currencies between each other at an acceptable price. Individuals, global businesses and central banks convert one currency to another by trading …
Electronic Communication Network brokers or simply ECN brokers are known to be the most popular type of brokerages in the world which have gained a lot of attention in India. An ECN forex broker offers its clients a marketplace where two parties which are traders and market makers are allowed to place bids and compete …