Forex trading though new is gaining a lot of traction in India lately. Many new forex trading platform are available in India lately and a customer can expect to get a very good deal if he is opening a new account. But it is very important to be sure of opening account with a reputed firm as there are many rip offs in the market. Read Forex broking scams in India article to know more about that.
If you are new to forex trading or want to understand the basics, please reading currency trading basics.
The main Forex broker available in Indian markets are :
- Leverage Upto 400:1
- Innovative Social Trading Platform
- Min Deposit of $50
- Spreads starts from 3pips
- 24-Hour Support
- Minimal initial deposit
- Variety of trading tools
- Trading accounts with fixed or floating spread
- Multicurrency accounts, swap-free accounts
- Instant account deposits
- МТ4 and МТ5 trading platforms
- 5 trading servers
- Competent assistance service 24/5
- Bonus programs and contests with real prizes
- $50/€50 minimum deposit
- 44 currency pairs, gold, silver
- Spreads from 1 pip
- Provide trading in MT
- Credit leverage up to 1:200
- Minimal lot 0.01
- Maximum position volume – no limits
- Maximum number of opened positions and pending orders – no limits
- Free Trading Signals
- Lower Spreads – Euro/U.S. dollar spread is frequently 2.5 pips, British pound/dollar 2.8 pips
- No Dealing Desk Forex Execution
- No conflict of interest between broker and trader
- No dealer intervention in trades
- Place entry orders anywhere—even inside the spread
- Scalp the market
- Rollover transparency—all amounts are displayed in advance
- Receive positive rolls at all margin levels
They Provide trading in both as ECN and Market maker. Please understand which account is better suited for your trading needs.
- Minimum spread starting at 0 pips to 1 pips
- Automatic withdrawal
- Execution in 0.1 second
- 134 currency pairs, CFDs on stocks and futures from the world leading exchanges
- Leverage up to 1:2000
- Minimal Deposit $5
- Order Volume Min. 0.01 lot, max. 10 lots, step 0.01
- Leverage Up to 1:500
- Spreads Fixed, starting at 2 pips, 4 digits
- Trade Instruments12 currency pairs
- Deposit Currency USD, EUR
- Deposit Options Bank Wire, Liberty Reserve, more…
- Swap-Free Accounts Available at registration
And if you have some concern about whether Forex trading is legal in India, read this article and take informed decision.
I am from Kerala, India and I would like to start forex trading. Can I operate from India?
Is there any Brokers in India?
If possible , how could i start?