FOREIGN EXCHANGE IN INDIA

WHAT IS THE INITIAL DEPOSIT? – ILLUSTRATION FOR TRADERS OF FOREIGN EXCHANGE IN INDIA

Now as a participant of Foreign Exchange in India you possess enough theoretical knowledge about it, understand excellently how this process is exercised, know the meaning of all the terms, regarding Forex. You have even had some surface investigation in the sphere of analysis methods. Moreover, you have more or less practiced Forex trading through opening a demo account. Now, it seems to be the exact moment for you to deal with real money, trying your hand in this unpredictable world. What you need for diving into the world of Forex in India is to do an investment, the amount of money you are going to fund in your account for trading.

The minimal amount of deposit differs from one brokerage company to another. While choosing a brokerage company this point is to be paid much attention to. The lower the minimal deposit is, the less risky your transaction will be. From this point of view, IFC Markets makes an optimal offer. You can start trading with only 1USD, if you have chosen the Beginner account type. As for Standard account type, 200USD is the minimal amount of investment. Besides minimum initial deposit, every brokerage company establishes its maximum investment. Thus, the maximum amount of deposit set by IFC Markets is 3000USD for Beginner account type and Unlimited for Standard account type.

After determining the investment amount, you face the process of choosing the payment method. IFC Markets supports the following four Payment Methods, from which you can choose the one that best corresponds to your preference:

• BANK TRANSFER 
• CARD PAYMENT 
• WEB MONEY 
• LIBERTY RESERVE

All these investment methods are also available for traders of Forex in India. Any Indian trader is able to transfer his deposit via one of these methods without any difficulty.