Which broker is best for forex trading in India?

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Which broker is best for forex trading in India?

Best Forex Brokers India

  • IG – Best overall broker 2021, most trusted.
  • Saxo Bank – Best for research, trusted global brand.
  • Interactive Brokers – Great for professionals and institutions.
  • FOREX.com – Great all-round offering.
  • AvaTrade – Multiple trading platform options.
  • Admiral Markets – 4.0 Stars.
  • Capital.com – 4.5 Stars.

Can I do forex trading in India?

It is legally allowed to trade Forex within Indian Exchanges like BSE, NSE, MCX-SX. However, you can hit big or lose it all just as easily. If you think a currency will increase or decrease in value, you can buy or sell it accordingly.

Does Zerodha provide forex trading?

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Yes, Zerodha offers trading in forex (currency). You can trade in currency derivatives at BSE and NSE exchanges using the Zerodha trading account. The customer has to enable the Currency trading segment before start trading in the currency.

Do Forex brokers lose money?

This is fact. As stated, the consensus on the conservative side is that 70\% to 80\% of all Forex traders lose money and this number can go as high as 90\%! Any kind of trading, and especially Forex trading, requires a lot of dedication to learning how to trade and developing a solid foundation of Forex knowledge.

Who pays the fees and Commission while trading with Motilal Oswal?

Customer pays the fees, commission and taxes while trading with Motilal Oswal. Motilal Oswal fee structure and trading commission rates are explained as below. To open Motilal Oswal account you have to pay account opening charges and annual maintenance charges (AMC).

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Is motmotilal Oswal the best brokerage firm in India?

Motilal Oswal, is undoubtedly one of the best brokerage firms India has ever had in the history of wealth trading and their continued efforts at developing new techniques, products and services to help their respective customers is sure to keep them that way even in the near future.

What are the account open charges of Motilal Oswal AMC 2021?

Motilal Oswal Account Open Charges | Motilal Oswal AMC 2021 Transaction Fee Trading Account Opening Charges (One Tim Rs 0 Trading Annual Maintenance Charges AMC ( Rs 0 Demat Account Opening Charges (One Time) Rs 0 Demat Account Annual Maintenance Charges Free (Rs 400 2nd year onward)

What is the size of Motilal Oswal securities?

Motilal Oswal has a network spread over 550 cities and towns comprising 2300 Business locations operated by the company and its Business Partners. The company had 10 lakh registered customers and team of approx. 2200 employees. Motilal Oswal Securities has a very solid research team. They invest almost 10\% of their revenue on equity research.

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