FOREX TRADING SITES IN INDIA
FINDING GREAT FOREX TRADING SITES IN INDIA
Many forex trading sites in India exist however certain companies do stand out from the rest. If your just starting out you have probably run across a few different sites offering you a way to make money trading forex. However which ones are the best?
The best forex trading sites in India will have low fees, easy site navigation, and good security. Many of the web sites you can trade on will be easy to navigate, and have great security however the fees will be high on a lot of them if you do your research.
FOREX.COM
Forex.com is one of those sites that has low fees, great security and easy to navigate. A great website for forex beginners and seasoned traders. Forex.com provides:
- Over 80 Currency Pairs To Trade
- 70+ Indicators
- Minimun Account Opening Of Only $50
- No Bank Fees For Wire Transfers
- In Business Over 18 Years
Forex.com also offers a great mobile interface that works outstanding for your android or apple device. Make trades right from your smartphone, also receive news and price alerts and more!
OANDA
One of the other best forex trading sites in India is Oanda. One of the most trusted foreign exchange trading sites for Indians. Endorsed by major companies like Disney, Ebay, and Amazon. Some other great features are:
- The ability to go back 25 years for 38'000 currency pairs
- Endored by the U.S Federal Reserve
- Easy to use interface
- Ability to choose different pricing options
iForex.in
A great trading website for indians who are just starting out. They have great step by step educational tools for people to cut the mistakes that beginners usually make. Also great for experienced traders who are looking to expand their knowledge of the foreign exchange market.
- Exclusive Training Tools and Resources
- 1&1 training with a fx trading coach
- Free $5000 demo account
- Tight spreads
- Free trading signals
FXCM
Fxcm is an awesome forex website with over 20 years of experience trading in the foreign exchange. Easily integrates with trading platforms MT4 and Tradestation. Free educational tools and resources to help its members become even better traders.
- Free online live classroom
- Free SMS text alerts
- Live charts
- State of the art market data
- Allows scalping fx trading strategy
- Exclusive trading tools
CURRENCY TRADING IN CHENNAI
Forex trading in Chennai is becoming increasing popular based on the money being made within the foreign exchange. Signing up for a good currency trading site in India will start you off on discovering how to earn money in the highly liquid forex market.
FOREX TRADING FOR BEGINNERS IN INDIA
Many articles and resources exist on the internet on finding the best fx trading platforms. Often those articles and resources are hard to understand. Not because it is not well written but because the language is hard to understand. Sometimes it is written as if you have some sort of understanding of the forex markets. Often time that is not the case for the people readers.
Oanda and Forex.com are great if your just starting out currency market trading. Forex.com even has a specific trading platform just for beginners. Oanda has been in business longer however they are both highly trusted which is why your money will be safe within either trading platform. Check out this forex trading company in India if you prefer a business more local.
Both websites offer a free demo account. Make sure you use your demo account and have a trade strategy before starting out trading. A great opportunity to test out your forex trading strategy or strategies. By trading within the free demo account you will gain a sense on whether or not trading is for you because you will be trading the real markets with fake money.
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