Is FXTM a good broker in India?

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Is FXTM a good broker in India?

Summary. FXTM is an established and award-winning market maker/ECN broker offering trading on Forex, commodities, metals, stocks, and indices. FXTM excels in its education and market analysis sections, with a good overview of Forex trading in its guides and tutorials.

Is FXPro a good broker?

FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, and SCB.

How can I trade forex in India?

In India currency futures can be traded in popular exchanges like NSE, BSE and MCX. The trader here needs to open a forex trading account with the broker, and trading is done between 9 am and 5 pm. The trades do not involve any physical delivery and are cash-settled.

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Can I use mt5 in India?

Yes, you can trade on Meta trader 4 and Meta trader 5 in India. It’s important that you select a genuine broker that provides best trading conditions and fastest execution in terms of pricing and withdrawals.

Which are the Best Forex brokers in India?

These are the regulated top forex brokers that accept FX trading clients from India. AvaTrade is a legendary Irish based MT4 forex broker with a long history and worldwide expert in forex trading. Multiple awarded broker is heavily regulated in Tier 1 jurisdictions including Ireland, United Kingdom, Japan, South Africa and Australia!

Is SEBI registration required for trading Forex in India?

CashOverflow has won IB Award for the best blog in personal finance category. SEBI registration is optional for Forex Brokers but most trusted brokers are registered with Security Exchange Board of India.

What is the Best Forex trading website?

FOREX.com is a one-stop shop for forex traders. With a massive range of tradable currencies, low account minimums and an impressive trading platform, FOREX.com is an excellent choice for brokers searching for a home base for their currency trading.

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Why can’t you trade Forex in India?

Due to an increase in financial scams involving forex brokers, the Indian government was forced to severely restrict the way Indian citizens can operate in the forex market. If you live in India, you are not legally allowed to trade forex currency pairs that do not have the Indian rupee as the base currency or counter-currency.