answersLogoWhite

0


Best Answer

There are more online forex trading brokers are available worldwide. We need to shortlist with them by checking which country regulations they are like FSP, FCA, FSCL etc and checking trading brokers reviews.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

13y ago

Forex Trading is legal in India You can always search for "forex broker in India" on Google to find a forex broker of Indian origin or you can go with Forex4you first forex broker in India. After vising the site you can go to trade menu - click on open a demo account, then download the terminal install it at your end and start trading with virtual money. Once you are confident for real account then you can switch to real account.

This answer is:
User Avatar

User Avatar

Bhawya digitalsansth...

Lvl 5
1y ago

In this day and age, Windows Mobile systems are becoming increasingly popular among traders around the world. No matter what kind of smartphone you use, our company strives to provide the best trading experience possible. Our Windows Mobile Meta Trader app aims to help all mobile users maximize their forex profits with this new technology.

You can stay connected to Digibits wherever you are with MetaTrader 4 & MetaTrader 5 for Smartphones and PDAs. These features are also available on our PC platform.

It is an excellent analogy to MetaTrader 4 and 5. Forex traders can access the world financial markets from anywhere in the world using Windows Mobile OS.

The mobile trading platform includes a wide range of useful and very helpful financial tools, in addition to off-line mode, technical analysis, and graphical visualization. Traders can access all of their completed Forex trading deals using the best forex mobile trading platform if they need to. All trading transactions are handled in a confidential and safe manner.

This answer is:
User Avatar

User Avatar

Sia Hon

Lvl 4
1y ago

Becoming a trader typically requires a combination of education, experience, and skills. Here are some steps you can take to become a trader:

  1. Educate yourself: Learn about financial markets, trading strategies, and risk management. You can find a wealth of information online, in books, and through courses and workshops.

  2. Choose a market: Decide which financial market you want to trade in, such as stocks, options, futures, or forex. Each market has its own unique characteristics and requires specific knowledge and skills.

  3. Develop a trading plan: Before you start trading, develop a trading plan that outlines your goals, risk tolerance, and strategies. This will help you stay focused and disciplined while trading.

  4. Practice trading: Open a demo account with a broker and practice trading with virtual money. This will give you an opportunity to test your strategies and build your confidence without risking real money.

  5. Gain experience: Consider getting an entry-level job in the financial industry, such as a clerk or assistant. This will give you exposure to the market and allow you to learn from experienced traders.

  6. Build a network: Attend industry events and connect with other traders to expand your knowledge and network.

  7. Obtain necessary licenses: Depending on your location and the type of trading you plan to do, you may need to obtain certain licenses or certifications.

  8. Start trading: Once you have the necessary knowledge, skills, and experience, open a trading account and start trading with real money. Remember to continue learning and adapting your strategies as you gain more experience.

My recommendation to follow master trader :

𝓱𝓽𝓽𝓹𝓼://𝔀𝔀𝔀.𝓭𝓲𝓰𝓲𝓼𝓽𝓸𝓻𝓮24.𝓬𝓸𝓶/𝓻𝓮𝓭𝓲𝓻/397776/𝓝𝓲𝓬𝓴91/

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

It does by Online Forex brokers.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How can you trade in forex online in India?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which websites can assist with Forex trading in India?

Forex4you is one of the best forex trading platforms in India. A forex broker is a financial services firm that offers its clients the ability to trade foreign currencies. Through forex4you you can trade forex in India through a regulated, local forex broker.


How can i trade forex legitimately online?

Legitimate online Forex brokers are authorized and regulated. you should check that the broker is regulated and authorized for Forex trading in your country.The leading Forex regulation bodies are: FSA, NFA and CFTC


When were the first Forex trade online services first available outside the US?

The first Forex trade online services that were first available outside the US were the Forex Capital Markets, Fxall and Currenex. Forex trading helps individual and companies to trade around the world using their countries money which is then exchange into the currency of the country they are doing business with.


How can one trade Forex online?

Forex is not a stock which may be traded. Forex is a stock trading site like Ameritrade. Forex offers individuals the ability to trade stocks using their online tools. The only place to use Forex or to trade with Forex is on the Forex website.


Should you take forex courses to learn about trading?

Yes, you should take forex courses. This will help you understand how crypto currencies work and obviously how to trade online. There are so many websites providing forex courses online. One of them, which is well know is inestopedia. I have a link in my bio that you can check out.


Is trading forex in India legal?

It is not legal online. There is no regulation over the forex market in India except for a small segment of the equity market. You can invest in forex accounts through the NSE and the MCX. You need to have a trading account with them and the investments are in the form of derivatives. You are not buying or selling currencies. The returns are in the form of dividends and/or capital gains. These accounts can be opened with any bank. You can deposit money by cheque or cash or NEFT/RTGS. You can't trade in the forex market online.


What type of commodities can I trade online with Forex?

You can trade anything that has some kind of value on Forex. You can trade gold and silver or you can trade stocks and bonds. They are more of a high end trading company on the internet. Forex is designed for trading the various financial markets around the wolrd.You can trade the dollar,or the euro,or several other currencies.


How does Forex trading in the UK work?

Forex is an online broker that offers 24 hours of online currency trading. It operates 5 days a week. It allows countries to trade currencies when traveling. Forex essentially means 'foreign exchange market'.


Where could one get tips on how to get into the day trade of Forex?

If you are looking for tips on Forex Trading, you could contact an online firm that assist in Forex. You can also contact firms that can help you develop a strategy for trading.


Where can someone get an introduction to Forex?

One can get an introduction to Forex from the following sources: Investopedia, VIBHS, Forex Trading About, AVAFX, Learn To Trade The Market, Forex Learning Site.


What services does forex USA provide?

Forex USA is an online trading company. Forex allows you to open a practice account before you choose to invest money with them. You can trade from any computer and from many mobile devices.


What are the advantages of FOREX?

Trade Forex online have advantages: 1. Can do it from home only need good internet connection 2. Can get much money, but have high risk too