Nov :49:39, jonathan Smith in, market, the Indian government is considering the closure of the local cryptocurrency exchanges in an attempt to curb money laundering, reports the Indian news outlet The Economic Times. With full-feature platforms, diverse trading tools, and comprehensive research, m caters to traders of all experience levels. The disparity between currency brokers that provide thorough, high-quality education and those who do not is vast. Account Types, you do not need to worry if you have only a small amount to trade currencies. People who have saved money or earn good salaries want to invest and currencies become one of the best choices.
India is one of the countries with the biggest gap between the rich and poor, but that does not affect Forex companies. Thank you for your support. AUD/USD, so in case you also want to trade some of the most liquid and popular global currency pairs, you need to look for a foreign forex broker that is accepting traders who reside in India. It is also important to review the customer agreements, read up on the company's history, and verify that its primary offices are located in a well-respected country, if not your own. However, Indian traders can trade only with sebi approved brokers without using online platforms and trading only INR denominated pairs. The market time in the East and the West is different. If you decide to go this route, we strongly advise you to choose a brokerage that is regulated either by british FCA, or Cyprus cysec or even Australian asic. Let us hope they will lift the limits sooner rather than later.