Indians trading in forex?

#1
Hey guys,

I came to know a lot information about forex through this wed site and only after i went through it and understood it i decided to trade in the forex market.

The company i'm trading in currently is giving me a good deal on the spreads and sme good offers here and there. Also the customer support is amazing.

But what i want to know is, are there any better companies out there?

As far as my knowledge goes this companies service is the best, but i maybe wrong.
 
#2
dude u may want to check out FXCM.com i trade wid em but u need to hold a foreign bank account as the proceeds getting credited into an indian bank may land u up in jail as it is forbidden to trade any forex pair other than inr/usd...

enjoy
 
#4
dude u may want to check out FXCM.com i trade wid em but u need to hold a foreign bank account as the proceeds getting credited into an indian bank may land u up in jail as it is forbidden to trade any forex pair other than inr/usd...

enjoy
Please stop selling those scary stories about landing in jail. No Indian resident has ever finished at a jail because of RBI excluding corrupted RBI chairman/top managers.

Even if we imagine that Forex trading is forbidden by RBI and it is not, RBI would put a fine on you, not close you in a jail.

And then, regarding INR/USD pair - it's the only pair allowed for _Indian_ brokers. If you work with a foreign broker - you can trade INR/USD as well as tens of other, more attractive pairs!

This topic has been discussed so many times already. It's amazing that we still repeat it again and again...
 
#5
Hey guys,

I came to know a lot information about forex through this wed site and only after i went through it and understood it i decided to trade in the forex market.

The company i'm trading in currently is giving me a good deal on the spreads and sme good offers here and there. Also the customer support is amazing.

But what i want to know is, are there any better companies out there?

As far as my knowledge goes this companies service is the best, but i maybe wrong.
yo,
almost all FX brokers provide the best spreads, which tighten over time as competitions grows. and due to the same reason, every broker would try to have the best customer service. all kinds of mode in which you could deposit/withdraw money. some of them include

Easy forex
FXCM
icm
cmc markets, etc

i use easy forex cos i liked the interface and the ease of the system. + they allow gold, silver n oil (wti)


so instead of looking for better brokers and save a pip in spreads, I would rather look at different ways to trade FX. did u know along with the age old technicla analysis and fundamental analysis... after the recent black swan events, Expectation and Sentiment play a big role in FX market's big moves.
 
#7
no forex trading is legal in india for bets brokers & trading platform with 100 % bonus facility caontact me & will explain u all in short time +919220640404
 

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