Full time Indian Resident FOREX trader??

Hi,
Is there any person in this forum who is an Indian resident and actually trading in forex using offshore account or broker??

Everyone is talking about how to trade wise and well but first we must know if forex trading is really feasible from India.... so if you are a forex trader living in India full time then please post here the procedure of opening account, transferring funds, withdrawal and if it ever requires your visit abroad etc.

Thanks.
AdaG.

Dear Adag,

Its really easy opening your forex account from india with any of the brokers in US or Europe. You can open ur account with IBFX or North Finance and fund transfer can be done using ur credit card or wire transfer. No abroad visit is required. I'll suggest open a demo account first to practice then open a live account.

Hi thanks for the reply.....could you plz tell which broker are you using, what were the formalities (docs) that were required and the money withdrawl arrangement. I want to know about broker and try their platform in demo so that I can open a real account with them if I find them good enough....because practising in one platform and working on another might be a problem.

And also how to check the authenticity of the broker as we can never reach them.
Thanks again.

yes,Open a demo I am also practicing daily with demo account,you can open demo accounts for free, i am getting small profits in demo .But not sure in Live accounts.I will start on fine day with Live Account.

Hey,
Check Dr. Sivaraman on www.fxstreet.com...he is a full time forex trader and advisor to banks and live in Chennai.

Hello mr KKeskar.. can u plz post the complete link

Here is the correct url.
http://www.fxstreet.com/

can you post brokers link where you are having demo account?

Any one from chennai here??