reliable forex broker in india

#41
ninad_sky ninad_sky is offline
Member
please dont go with mrc they too are scam a big big scam....when in office will speak everything about coustemer satisfaction and after the trade startes the same old story,total illegal
 
#42
HI,
Please note that Trading in Foreign Currency pairs like EURUSD, USDJPY etc. is not allowed in India as RBI does not allow exchange of Rupee to Dollar for purpose of Margin funding to such accounts.
Any trades you do by such transactions is illegal.
RBI allows trading of only four pairs in India. They are USDINR, EURINR, GBPINR and JPYINR. The market is regulated by RBI and SEBI both making it the safest market to trade. Trading of these currency pairs takes place on 3 exchanges NSE, MCX-SX and USE
Please contact me if you are interested in opening an account to trade Indian currency pairs.
Hope this info was useful.
Thank you.
 
#44
I have been trading with Forex4you , who is a reliable broker based in India with an office in Bandra , Mumbai since past 7 years ( scammers don't survive for so long)

1] Fixed spreads and also 5 digit accounts.
2] No minimum deposit criteria.
3] Flexible deposit and withdrawal options which includes direct cash deposit in their partner's ICICI bank account.
4] upto 50% Bonus on deposits.
5] Same day withdrawals of your money into your bank account or in cash.
6] MT4 platform which supports EA's and scalping.
7] Offer PAMM which none of indian brokers may be giving. which is awesome platform for money managers with very low capital investment.

check it out www.forex4you.in
 
#45
Even though Currency markets may be the biggest economic marketplace on the globe yet the vast majority of completely new professionals have no idea this Foreign currency trading and they also even have no clue about the place to start and also steps to start this specific trading.
For indians ...because RBI ditch too much and their stupid rules..it's so stupid restricting volatile forex curriencies...
 
#46
I have been trading with Forex4you , who is a reliable broker based in India with an office in Bandra , Mumbai since past 7 years ( scammers don't survive for so long)

1] Fixed spreads and also 5 digit accounts.
2] No minimum deposit criteria.
3] Flexible deposit and withdrawal options which includes direct cash deposit in their partner's ICICI bank account.
4] upto 50% Bonus on deposits.
5] Same day withdrawals of your money into your bank account or in cash.
6] MT4 platform which supports EA's and scalping.
7] Offer PAMM which none of indian brokers may be giving. which is awesome platform for money managers with very low capital investment.

check it out www.forex4you.in
How about their support?
 
#47
HI,
Please note that Trading in Foreign Currency pairs like EURUSD, USDJPY etc. is not allowed in India as RBI does not allow exchange of Rupee to Dollar for purpose of Margin funding to such accounts.
Any trades you do by such transactions is illegal.
RBI allows trading of only four pairs in India. They are USDINR, EURINR, GBPINR and JPYINR. The market is regulated by RBI and SEBI both making it the safest market to trade. Trading of these currency pairs takes place on 3 exchanges NSE, MCX-SX and USE
Please contact me if you are interested in opening an account to trade Indian currency pairs.
Hope this info was useful.
Thank you.
they r restricting people for no reason ... if people do forex good,it contribute in indian economy...
 

pannet1

Well-Known Member
#49
they r restricting people for no reason ... if people do forex good,it contribute in indian economy...
monty,

Consider these ...

1) You know that 60-90% of the retail traders loose money.
2) In Forex, you are up against the best of the best in the world, Super computers, Algorithms.
3) Most brokers are bucket shop. Imagine not even one is ready to comply with Indian Law.
 
#50
There must be many brokers in India, but I think it is illegal to trade Forex in India, so it would be a difficult task to find such traders.
 

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