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Forex Trading in India – A Beginner’s Guide

Want to start forex trading in India but donu2019t know how? This easy guide walks you through the stepsu2014from picking a legal broker to placing your first trade. No confusing jargon, just clear advice.<br><br>https://rb.gy/ycv9n8<br>

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Forex Trading in India – A Beginner’s Guide

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  1. Forex Trading in India – A Beginner’s Guide Learn the Steps, Rules, and Tips to Start Safely www.xtrememarkets.com

  2. Is Forex Trading Legal in India? • Legal: Trading major currencies (USD, EUR, JPY) is allowed • Illegal: Trading INR pairs (e.g., USD/INR) except with RBI-approved brokers • Rule: Only trade with SEBI-registered brokers www.xtrememarkets.com

  3. Step 1 – Pick the Right Broker • Check SEBI/RBI registration • Compare fees, spreads, and deposits • Start with a demo account www.xtrememarkets.com

  4. Step 2 – Learn the Basics • Understand currency pairs (e.g., EUR/USD) • Learn pips, lots, and leverage • Practice on demo accounts first www.xtrememarkets.com

  5. Step 3 – Start Small • Begin with ₹5,000–₹10,000 • Trade micro lots (low risk) • Never risk more than 1-2% per trade www.xtrememarkets.com

  6. Common Mistakes to Avoid • Trading INR pairs illegally • Using high leverage blindly • Chasing losses emotionally www.xtrememarkets.com

  7. Pro Tips for Indian Traders • Follow RBI/SEBI updates • Start with major currencies (USD, EUR) • Keep learning—forex changes daily www.xtrememarkets.com

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