Posts
What Is Forex trading In India?
The Big Indian Market have been open new platform for traders, investors and brokers to trade together That is Forex trading. those traders want to trade apart from shares market , commodity market , options and derivatives they can trade in forex market or currency market that best option for retail inverters. in India very few investors who trde in forex but forex is largest market for traders. last few months the forex trading crazy is continuously increase and traders taking interest in forex.
the live example of forex trading is that suppose in india the currency in circulation is called Rupee (INR). and in Europe the crrency trade that is called Euro(EUR) an trading example of forex when you Buy The INR while respectively selling EURO. its call long on INR/EURO.
How forex trading done ?
Forex trading is done by a broker or trader maker, in India Forex market is dealing with Multi commodity exchange (MCX). trader can select currency pair which they expect to varry or change in value and trade according to these. if the currency move which you expect then trader can get huge profit otherwise they wear huge loss.
the traders can place order in few seconds then trader's order along to a partner in the Interbank market to fill position. when close your psition on the Interbank market and credit with profit or loss. its happen with few seconds.
Requirement for trade in forex ?
1. Need an Internet connection via system with good speed or can use mobile.
24/5 Hours in a week.
2. Biggest Financial market in the world.
3. You can trade in forex in your favour by predicting the right trend and up or down.
4. Always keep technical and fundamental report in mind.
The Big Indian Market have been open new platform for traders, investors and brokers to trade together That is Forex trading. those traders want to trade apart from shares market , commodity market , options and derivatives they can trade in forex market or currency market that best option for retail inverters. in India very few investors who trde in forex but forex is largest market for traders. last few months the forex trading crazy is continuously increase and traders taking interest in forex.
the live example of forex trading is that suppose in india the currency in circulation is called Rupee (INR). and in Europe the crrency trade that is called Euro(EUR) an trading example of forex when you Buy The INR while respectively selling EURO. its call long on INR/EURO.
How forex trading done ?
Forex trading is done by a broker or trader maker, in India Forex market is dealing with Multi commodity exchange (MCX). trader can select currency pair which they expect to varry or change in value and trade according to these. if the currency move which you expect then trader can get huge profit otherwise they wear huge loss.
the traders can place order in few seconds then trader's order along to a partner in the Interbank market to fill position. when close your psition on the Interbank market and credit with profit or loss. its happen with few seconds.
Requirement for trade in forex ?
1. Need an Internet connection via system with good speed or can use mobile.
24/5 Hours in a week.
2. Biggest Financial market in the world.
3. You can trade in forex in your favour by predicting the right trend and up or down.
4. Always keep technical and fundamental report in mind.
