Forex trader broker

Trade using two most popular platforms for online trading Forex brokers with for india clients Command the market with the edge of $2 commissions per side. Lower your trading costs with a brokerage that’s transparent, regulated, and on your side

IForex is a reputable broker committed to providing accessible and reliable trading services. iForex is a trademark owned by Formula Investment House Ltd and is licensed & supervised by the BVI (British Virgin Islands) Financial Services Commission. What are the advantages of trading with fixed spreads? As a Forex trader in India, you should always make sure to invest your money with Government approved SEBI Forex brokers, as it is imperative from a legal perspective to adhere to the policies and guidelines issued by the authorities. Some SEBI regulated brokers may offer the convenience of investing in other countries, but a majority of Forex brokers in India only allow its traders to trade on INR related currency pairs. If a broker promises to offer other currency pairs, check the legality of the broker and ensure that their services are in line with the regulatory guidelines imposed on them by the SEBI.

Edward Kendy (MBA) is a CEO and the head of forex brokers research at BestOnlineForexBroker.com with 17 years of experience in personal finance and veteran forex trader.   Twitter: https://twitter.com/edward_kendy   Linkedin: www.linkedin.com/in/edward-kendy   Email Contact : edward @ bestonlineforexbroker.com Which Forex Brokers are Best for Beginner Traders? *Brokerage will be levied flat fee/executed order basis and not on a percentage basis. Flat fee of ₹10/order is available with Power Investor & Ultra Trader Packs. Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed. If sale/ purchase value of share of ₹10/- or less, a maximum brokerage of 25 paisa per share may be collected. Brokerage will not exceed the SEBI prescribed limit.

The brokers have more control over determining their prices and commissions because there is less competition and regulation in the Indian forex industry. Because of this, Indian traders frequently pay more in fees and spreads than do dealers from other nations. For instance, the average spread for EUR/USD among the top forex brokers worldwide is 0.9 pip, whereas the average spread for USD/INR among the top forex brokers in India is 3.5 pip. How to Participate in Forex Trading in India? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.00 % of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.