Currency Trading or Forex Trading means to buy or sell currencies. This is usually done in pairs. For example, today the US dollar stands at 82.84 rupees. If you believe the dollar will rise against the rupee, you will tend to purchase more dollars. However, if you expect the dollar to lose value, you will be inclined to purchase more rupees. To learn more about this exciting trading practice, log in to www.myespresso.com.
Are Forex Trading Platforms Illegal in India?
Forex trading platforms are not legal in India. However, you can engage in currency trading online, subject to regulations and conditions of the forex trading or currency trading market in India. You can only do forex trading online in a limited capacity and through approved mechanisms.
Benefits of Currency Trading in India
Currency trading, also known as Forex trading, is an investment tool for trading in currencies of countries across the world. It is simply the buying and selling of currencies from different countries. The trading of currencies takes place in pairs....Read More
Basics of Currency Trading
Trading in any investment market can be difficult as there is a chance that one might lose money if the market doesn’t work as expected. However, there is always a chance to earn profits if the trading is done with experience, knowledge, and practice....Read More
Risk Management in Forex Trading Explained
If you are interested in forex trading, you might think that making profits through online forex trading would be easy and fast. However, it needs a lot of dedication, knowledge, and commitment to succeed and gain profits in the forex markets....Read More
All You Need to Know About Cross Currency
Diversification in the portfolio of assets is one of the major things that all investors try to do. The main reasons for this are maximizing the return on investment and hedging against the volatility of the market. One of the assets that are a good choice for investment is currency. With cross-currency trading, you can maximize your gains....Read More