common strategy is support and resistance levels. The amount you are required to spend to open a trade. What are the risks of trading currency derivatives? Learn more, trade forex along with the most popular shares, indices and commodity CFDs with. The content of this article reflects the authors opinion and does not necessarily reflect the official position of LiteForex. What strategies can I use when trading currency derivatives? Once youve familiarised yourself with all the risks involved in trading currency derivatives, you may want to consider opening an account with a broker registered with sebi and carry out trades with a small amount of money in the beginning. For example, if your account has a margin of 5, a trade worth INR 1,00,000 will require you to spend INR 5,000. Trading platforms, powerful trading platforms, trade on a suite of powerful trading platforms designed to meet the demanding needs of active traders looking for maximum performance, flexibility and speed. Foreign exchange rates are volatile and can quickly move against you, causing you to lose a significant amount of money.
The value of currencies can be affected by everything from supply and demand to economic conditions, political conditions, interest rates, inflation and consumer confidence. Another common strategy is known as the day trading strategy, and it is based on the simple premise that you do not hold any forex positions overnight. A bear market situation is when prices sharply decline. Skip ahead, how does currency derivatives trading in India work?
The best forex trading platforms are easy to maintain. This involves researching the past fluctuations of a currency and using them to predict future price movements. This is a market where prices are rising. This will help you see if you have what it takes to successfully trade forex.
This could be 3, 5 or some other figure, and this will affect the amount of money you will have to spend to buy or sell currency derivatives. 46 dated 17 September 2013, overseas forex trading by Indian residents through digital trading portals, using credit cards or net banking, is strictly prohibited. The base forex trading platforms do not have any sort of ambiguity. Trading Support Services, were committed to supporting you throughout your journey to ensure an exceptional customer experience. As of now, Indian investors can carry out currency derivatives trading on 3 exchanges.