​ What is Forex Trading?

Can you name some genuine forex brokers of India, who allow to trade in INR paired with other currency. Countries gradually switched to floating exchange rates from the previous exchange rate regime , which remained fixed per the Bretton Woods system. If you still think that Forex trading is Illegal in India. If you can master it your laptop would act like a money printing machine. Also there are many contests through which we can win and earn decent seed capital.

Budget below market expectations, but good for economy from long-term perspective Jul 12, , PM IST. The budget has been below expectations for the market as a whole, but will be good in the .

About the author

The spot market witnesses the largest quantum of trades — that is because both the futures and forward markets are based on the underlying real asset i. However, this was not always the case.

The futures market was more favored in the past because it was available for a longer period of time for individual investors. But, now with electronic trading, the spot market surpasses all others. However, companies and institutions prefer the futures and forward markets more than individual investors, as they need to hedge their foreign exchange risks. Oh, sorry, I need to tell you the difference between spot, forward and future trades.

The spot market is where I buy or sell currencies according to the current price — which is determined by the demand and supply for that particular currency. The biggest difference between the spot and the forward and futures trade is that while the spot trade deals in actual currencies, the future and forwards trade do not. The futures contracts have specific details, such as, settlement and delivery dates, number of units, minimum price increments etc.

These are traded on public commodities markets with the exchange acting as a counterpart to the trader, i. Actually, when you asked me to tell you about Forex, I was going to suggest that you go through the site yourself.

Not only does the site contain basic information for those who have absolutely no idea or knowledge about Forex and Forex trading, it also features detailed information on Forex trading, knowledge and information based articles, news from the Forex, Equity and Commodity markets, information and links to brokers, analysis of the various markets and financial news from around the world.

After spending a few weeks reading all I could about Forex trading, I signed up with a broker from their list and opened a Demo trading account. This actually helped me a lot, allowing me to practice Forex trading without any risk. Once I was confident that I could manage a few small trades without risking too much, I opted for a live mini account with the same broker.

The process itself is rather simple and everything is online. I deposited some money into the account and started trading — and have been doing so ever since. Oh, they also have a list of the top Forex managed account service companies that lets you to invest in the Forex market — even if you have absolutely no knowledge about Forex.

All you need to do is put up a small amount of margin money in your account and the broker takes care of all the trading and managing of the account for you. I opened two accounts — one where I am trading on my own with the mini account and one where the broker trades and manages the mini account — sort of like spreading my risk. In a nut shell, this is one complete site for learning and trading — and I too have been recommending it to those who ask me.

My daughter looked at me for a few seconds and walked away, leaving me wondering as to what happened here. I saved this over the last one year from my pocket money. Any person dealing on the basis of the said information does so at his own risks and no objection arises to TMB or any of its officials.

All such trading involves risks. Exchange Rates Information last updated in part or full on Wednesday, September 12, - Our Contact Email ID: Javascript Enabled Browser Required. No part of this website may be reproduced in any form on any media type without specific prior written permissions.

Site Map Please enable JavaScript. Enabling JavaScript is essential for a smooth browsing experience. High Risk Investment Warning: Trading Stocks, Commodity or foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade Stocks, Commodity or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

You should be aware of all the risks associated with Stock, Commodity and foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Welcome to Market Gurukul. Some Exciting Forth Coming Attractions for you:

Trading Strategies Headlines

at least internatinal forex brker provide free technical data and software and we analysis market both technical and fundamental basis, but in India condition is different in my point of view SEBI NSE and BSE biggest fraud organisation they cheat with own citizen bcoz they are not force to broker provide open source software for technical. Mar 11,  · Trading in forex market through online broker is a Non-Bailable Offence in India. For trading in Forex you have to convert the INR (Indian Rupees) to the desired currency you want to trade i.e. the currency which you choose to be the base currency in your trading. exchange market in India. Foreign Exchange Markets in India – a brief background The foreign exchange market in India started in earnest less than three decades ago when in the government allowed banks to trade foreign exchange with one another. Today over 70% of the trading in foreign exchange continues to take place in the inter-bank market.