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What is Forex? – ForexCracked

Leave a Comment / By / March 1, 2024

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Risk Warning: FOREX IN WORLD suggests our clients carefully consider their investment objectives, experience level, and risk appetite. try to money management with every trade. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. A high degree of leverage can work against you and for you. Takes no responsibility for loss incurred as a result of our trading signals. Before deciding to trade foreign exchange you should carefully consider your investment objectives, experience level, and risk appetite. We are always happy to answer your queries. Send an email to forexinworld@gmail.com

FOREX TRADING IN INDIA: Forex means currency pair trading. Indian citizens can trade only currencies that have a pairing with INR. It is legal to trade with Indian Brokers providing access to Indian Exchanges(NSE, BSE, MCX-SX) providing access to Currency Derivatives. Since 2008, RBI and SEBI have permitted trading in currency derivatives. The currency pairs available for trading are USD-INR, EUR-INR, JPY-INR, and GBP-INR. In India, however, forex trading platforms are banned. While you cannot directly trade in the foreign exchange market, you can still trade in currencies through the stock exchange. Under the Foreign Exchange Management Act (FEMA), binary trading is not allowed.

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