Introduction With over $6.6 trillion daily turnover, the Forex market is undoubtedly the largest financial market globally. It has, therefore, attracted all types of traders, both professionals and amateurs. The COVID-19 pandemic has increased the need for earning extra passive income, and Forex trading has offered the ideal opportunity for both new and experienced traders. …
Many citizens based in India who decide to begin their journey of forex trading try to gain as much knowledge as they can about the background of any convincing forex broker. A country as economically resilient as India is an ideal place to venture into one of the most significant financial markets in the world …
Forex trading is now more popular than it has ever been around the world. Each day millions of people of different regions, beliefs, and ages enter the forex trading world out of pure interest. The total daily traded volume for the forex market has crossed the $4 trillion mark and this number keeps on increasing …
Forex is a lucrative as well as the complicated financial market and its trading requires proper research before delving into it. There are some main aspects of forex trading that Indian investors need to familiarise themselves with to stay on the safe side. One of those things which forex traders come into contact with while …
Traditionally the Indian FX market has been a highly regulated one. The government exercised absolute control on the exchange rate, export-import policy, FDI ( Foreign Direct Investment) policy till about 1992-93. The exchange rate in India under the current regime is by and large market-determined. Even while intervening, RBI takes care that through its operations, …
To trade forex, one needs a dependable forex broker which is high-performance. Several legitimate forex brokers all over the world cater to millions of clients regularly. Some of these offer their brokerage services to interested traders based in India. Forex traders in India especially those who are new to the concept of forex trading through …
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 …
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 …