Open Forex Trading Account
Currency Trading Account in India
Currency derivatives are Future and Options contracts that you can buy or sell in a specific quantity of a particular currency pair at a future date. Well, it is the same as the stock F&O but the underlying happens to be a currency pair like USDINR, EURINR, JPYINR, OR GBPINR instead of stocks. A call option contract of USDINR of expiry 30th April 2021 for price “50” will be represented by the symbol ‘OPTCUR-USDINR-30APRIL2021-50-CE’. We can say that it is not only a perfect and nice investment option but also there are a number of benefits of currency trading in India as well. You can open forex trading account with Aaditya Wealthon for safe trading!
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How do you Trade Currency?
Well, how do you trade currency? The main thing about currency trading is that all currency trading is done in pairs. Unlike the stock market, where you can buy or sell the same stock, you have to buy one currency and sell another currency in the forex market. Thereafter, almost all currencies are priced up to the fourth decimal point.
How Currency Trading is a Good Investment?
The forex market is highly profitable, with the potential to multiply your initial investment ten times overnight. Unlike the stock market where you only make profits when the price of your stock goes up, you have a lot of money to make in foreign currency, even if your currency is going down. Aaditya Wealthon offers forex trading account opening in India with Zero% Brokerage and 0 AMC Fees. Open Now!
Features of Forex Trading Account India
Currency Futures and Options
In currency trading, the underlying asset is the currency pair at the currency exchange rate compared to equity futures
Participants in Currency Trading
The main participants are Traders Importers / Exporters; Stockists; Hedgers; Arbitrageurs; Speculators
Date of expiry
All currency contracts end two working days before the last working day of the expiry month at 12 noon
Trade timings of Currency trading
The trading time for currency derivatives in NSE is as follows: Trading Session - Monday to Friday - 9:00 AM to 5:00 PM
Forex trading promises huge rewards if you take your time to learn well and start trading continuously. This is mainly because it is attracting many investors as it has the potential to make huge profits.
It is also accessible to the average investor who can trade small amounts of money at any time of the day. All investors are a multinational company or an investor regardless of trade on a level playing ground. No one can manipulate the market. Open forex account in India and start trading without any risk. Happy Trading!
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We provide opportunity in the most traded market in the world
Trade when you want
Trading Session Open and closes - Monday to Friday- 9:00 AM to 5:00 PM
Improve your trading potential
Main benefits are that currencies allow you to speculate on both rising and falling markets
Take advantage of leverage
Full risk benefits with just a small initial deposit (increased risk increases with leverage)
