Currency and Forex Trading

Currency and Forex Trading

Open your DEMAT account and start Trading in 1 hour

The global increase in trade and foreign investments have led to inter-connection of many national economies. This and the resulting fluctuations in exchange rates, has created a huge international market for Forex, opening up another exciting avenue for trading. The Forex market offers unmatched potential for profitable trading in any market condition or any stage of the business cycle.

how you can benifit from forex

  • Low Commission
  • No Middlemen
  • Standardized Lot Size
  • Transaction Costs As Low As 0.07%
  • High Liquidity
  • Instant Transactions
  • Low Margin, High Leverage
  • Online Access
  • Interbank Market
  • Self-regulatory
  • No Insider Trading
  • Limited Regulation

product specification

Contract Specification →
Rate of exchange between 1 USD & INR
Contract Months
12 consecutive calendar months i.e. a view up to 1 year in future can be taken
Expiration date and time / Last trading day & time
At 12:30 noon, two working days prior to the last Mumbai Interbank Settlement day of the month
Min. price fluctuation / Tick size
0.25 paise or INR 0.0025
Settlement Daily Interim MTM settlement Final settlement
Cash settled in INR Based on daily closing price of the contract Based on LTDs RBI reference rate
Margin required for 1 lot USD/INR
1.75% on the first day & 1% thereafter
Market timings
9:00 AM to 5:00 PM
Events likely to impact USD/INR rate →General trend for demand/supply of USDImpact on USDImpact on INR
Increase in exports of IndiaExcess inflow of USD in the countryDepreciatesAppreciates
RBI is selling USD to meet demand for the dollarSupply of USD increasesDepreciatesAppreciates
NRI Forex remittance is increasingIncrease in USD inflowDepreciatesAppreciates
Positive trade balanceIncrease in USD inflowDepreciatesAppreciates
Increase in exports of IndiaDemand for USD increasesDepreciatesAppreciates
Rise in global prices of commodities Demand for USD rises due to more costly importsDepreciatesAppreciates
FIIs buying back USDExcessive USD outflowDepreciatesAppreciates
RBI is buying USD to absorb excess USD due to Forex inflowsAbsorption of excess USD liquidityDepreciatesAppreciates

Currency Trading FAQs

Foreign exchange or Forex is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs. For example: the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY). The Foreign Exchange Market (Forex) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unlike other financial markets, the Forex spot market has neither a physical location nor a central exchange. It operates through an electronic network of banks, corporations, and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers. This fact - that there is no centralized exchange - is important to keep in mind as it permeates all aspects of the Forex experience.
USD-INR - 1000 Dollars, EUR-INR - 1000 Euros, GBP-INR 1000 GBP, JPY-INR - 1,00,000 JPY
2 working days prior to the last business day of the month


Investing in shares or stock market is inarguably the best route to long-term wealth accumulation. Know More


Commodities Derivative market has emerged as a new avenue for investors to create wealth. Know More


The derivative segment is a highly lucrative market that gives investors an opportunity to earn superlative profits. Know More
Currency trading

Currency Trading

Investing in shares or stock market is inarguably the best route to long-term wealth accumulation. Know More