Spot forex trading in india

I see it asked at least twice every single day. No, forex trading is not illegal in India. Yes, it does have restrictions. You can only trade pairs that are crosses with the.
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Forex trading can let you control large amounts of money by putting up small amounts as margin only. This can help you frame a profitable investment strategy and reduce the risks involved. However, the margin balance should be checked regularly to avoid sudden liquidations of your positions in the market. The ability of an asset to be converted into cash is termed as its liquidity.

Forex can offer you the advantage of high liquidity, which means you can easily convert and move large amounts of foreign currency with minimal price discounts. High liquidity means huge sums of money can be invested and withdrawn without many hassles.


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If you are aware of the market norms and policies, you can comfortably buy or sell forex yourself through spot currency trading. This means that traders can purchase and trade ETFs just like stocks. To put it very briefly, futures refer to contracts to purchase or sell currencies on a date in the future at a pre-determined price.

Futures contract trading is done on centralized exchanges. Since they are standardized, the futures market is well-regulated and transparent. You can easily gain access to the transaction details and the price. Since most top-rated online Forex brokers offer several currency pairs, you can easily decide which currency pair you would like to trade. Right at the beginning, you should implement risk management techniques. We suggest that you first gain a thorough understanding of the price volatility associated with your selected currency pair. We discussed the different ways to trade Forex in the above section.

Forex brokers offer all or more of the above-mentioned types of trading. The amount you have to invest depends on the type of trade you select. Once of the currencies in your currency pair is a base currency and the other is a quote currency. The currency to the left is the base currency and the currency to the right is the quote currency. If you feel that the base currency will become more valuable than the quote currency, you have to buy.

If you feel that the value of the base currency will fall, you have to sell. You can also add orders to your trade. These orders include limit orders and stop orders, which help you to minimize risks and lock in profits whenever your loss or profit targets have been met. You do not have to add orders to your trade, but experts highly recommend that you do in order to minimize your risks and protect your profits from market volatility.

Stop loss orders enable you to exit a trade automatically if the price worsens and thus minimize your loss. Also Trading in US stock for delivery purpose is legal in india. However it is illegal to take marginal trades in foriegn exchanges as per RBI rules.

Spot FX

Trading only your account with your money is illegal. Otherwise you have to consult with your Financial Adviser. I need to clarify one doubt with you please reply me. When i was reading your Marketcalls site, I come to know about Metatrader. In the rbi. I want to know about stock and indices CFDs.

Rajandran, what about using bank wire to deposit funds to international brokers? Can they stop that as well? Do you know how their funding channel works? However for residential indians they are not promoting to trade in international forex pairs. Guess they are in compliance with RBI guidelines. If they consider something illegal they should take action after circular has been passed, why do it for something which was done before circular was passed?? Can a person move to court for this situation against RBI??

Or it will be a mark on the person?

Hi All, Need not to worry. All my transactions are going well tile date. RBI has other big issues to handle then chasing forex traders. If yes, then who are the safe and genuine brokers? I dont know why people say its illegal. Its not margin trading.

Is Forex trading illegal in India? Can Indians trade Forex Legally?

RBI restricts margin trading. May be i am wrong? Thats how margin trading works! And you are very quickly to loose your money because of the leverage involved. Binary options doesnt give x or x. You know what even online gambling in India is still considered as illegal by RBI. Hi Naveen Trading is going well , have you withdraw your profit any time. NOW 4XP closed worldwide. There are many frauds. Better to stick to Indian Mkts. This issue occurs is it legal or illegal but govt. Can you provide the exact punishment for trading through foreign forex portals?

There are so many doing it without any trouble. Dear sir , I am a future trader ,i would be trading in tradetiger,so i would like to know what kind of bank account should i have for trading purposes? Hi , I have invested in topoptions. What problems could I face? I have fully seen all the discussions…First thing, you must learn How to make money in Forex..

'Monkeys are good for markets'

We are well aware that it is high volatile market, you total investment could become zero in 2,3 transactions…so whenever you have time, try learning how to trade successfully.. I have never seen idiotic view of Govt…that Indians cannot keep not even a single USD in Paypal , it is auto transfered into indian rupees…the biggest joke is 1.

Will I get any punishment for it? I have deposited money many times and withdraw also. I ask to my Account Officer about forex trading illegal in India, she replyed me we are working as per Indian Govt. Shall I continue or stop? If you are trading in overseas market and if you are a retail investor in india then possibly it is not legal as per RBI rules. I also trade forex. RBI monitors all transcations in paypal. Its quite ulikely, they will track and trace a individual forex trader. Its illegal but everybody is doing it.

I am a small scale trader and once i get bigger,I would seek the help of a NRI cousin or friend. Forex trading is legal for NRIs. Happy trading. So what would be the countries which you would suggest for aspirant forex traders in India to consider for continuing their forex trading business. But this FX Trading is banned from many times i think.

What is Forex Trading and how to trade forex in India?

Still no action has been taken against me. Pls help whether i should continue with this or not? Dear Rajandran I use to collect foreign currency notes and coins as a hobby and I have a collection of around countries. What is the govt rule for it? Thanks for your reply. I further have a question that can I carry the above mentioned currency and stamps collection from Karnataka to New Delhi , where I am going to shift soon.

I have a friend who is in Dubai NRI. Hi, One more question.. But i think that once we are earning such huge amount of money, why not shift to the country which allows it with full freedom. And then you may always return back. Hi ram, can i plz contact u regarding the procedure of safe procedure of account opening to trade forex, can u specify ur email id. Dear Rajandran, Thanks for your valuable informations, surely they will be eye-opener to many.

I came to know this company through my friend. Do you have any idea about that company and its credibility? Any body can share their knowledge regarding that company. Thank you in advance for your help. Not direct bank wire transfer but its through one of the online payment processor called skrill.