CAN I TRADE FOREX IN INDIA ?

Legality of Forex in India 

Whether Forex in India is legal or not is a controversial issue. Some people say that it is quite legal and anyone can trade in Forex, others say that it is illegal. Actually The Reserve Bank declared some restrictions for Foreign Exchange in India. However, these regulations do not hinder all Indians to trade without any obstacle.

There are numerous brokerage companies in the world which support participants of Foreign Exchange in India, giving them valuable information about trading conditions. As a matter of fact online companies do not have any connection to RBI restrictions as they are providing service not only for residents of India but worldwide.

  From my personal experience I can say that IFC Markets is one of the best. Any Indian trader can get any kind of support, regarding to different aspects of Forex through this brokerage company.

Speaking honestly judging from my past experience, their live support is really professional one, and ready to help any client, without differentiating how much your deposit is; $1000, $1 or you’re just fresher without any investment trying to understand what is Forex, including all nuances that concern Forex in India.

GLOBAL FOREX: EASY TO EARN

                                   GLOBAL FOREX:  EASY TO EARN

Global Forex (Foreign Exchange) is the international currency exchange market. Nowadays, it is the most common and popular way of earning huge amount of money within short period of time. The principle is straightforward: you buy the currency of a country when it falls and you sell the currency when it becomes higher.

This way of earning money, by all means, has its advantages over others: first it gives a possibility to trade 24 hours a day, and besides it is available everywhere: you only need computer or mobile phone with internet. What makes Global Forex attractive is the leverage given to traders. This is something that will allow you to start trading with much more money than you have in fact. How much money you will earn depends only on you. But remember that choosing a good broker is one of the main decisions you should make from the very beginning.

The main Forex players are Central and commercial banks, institutional investments, big companies, brokers and individuals. The involvement of these institutions and the opportunity to trade from any country in the world makes Forex global.

Good luck to you!

HELLO INDIA

I am Manoj Kumar. I have graduated from Delhi State University and continued my education in Oxford, where I have received my Master’s degree. I have been captured by Forex since I was 18 years old. I have spent most of my time updating my knowledge in all aspects of Foreign Exchange in India. The idea of opening this blog is to introduce what is Forex  in general, how to start trading, what are the advantages of earning money in this sphere over others and what to do to minimize losses. I would like to share my previous experience and knowledge with you in Forex India. Welcome to the magnificent and unpredictable world of Forex.