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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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HOW TO START FOREX TRADING IN INDIA – A BEGINNER’S GUIDE Simple Steps to Trade Forex Legally & Safely www.xtrememarkets.com
INTRODUCTION Forex trading can be profitable, but in India, there are strict rules. This guide explains: How forex trading works in India Legal ways to trade without breaking RBI rules Step-by-step steps to get started www.xtrememarkets.com
IS FOREX TRADING LEGAL IN INDIA? Allowed: Trading in major currencies (USD, EUR, JPY) via SEBI-regulated brokers. Not Allowed: Trading INR pairs (e.g., USD/INR) except on exchanges like NSE, BSE, or MCX. Avoid: Unregulated offshore brokers—they can get your account blocked. www.xtrememarkets.com
HOW TO CHOOSE A SAFE BROKER Pick brokers with: ✔ SEBI or FCA regulation ✔ Low spreads & fair fees ✔ Easy INR deposits/withdrawals www.xtrememarkets.com
HOW MUCH MONEY DO YOU NEED? Start small: ₹5,000–₹10,000 is enough for mini lots. Never trade with money you can’t afford to lose. Use leverage carefully (1:10 or lower recommended). www.xtrememarkets.com
OPENING YOUR FIRST TRADE – STEP BY STEP 1.Sign up with a regulated broker. 2.Complete KYC (PAN card + bank proof). 3.Deposit funds (UPI, Net Banking). 4.Start with a demo account (practice first!). 5.Place your first trade (e.g., EUR/USD). www.xtrememarkets.com
5 COMMON MISTAKES TO AVOID Trading INR pairs illegally. Using high leverage (risks account blowup). Trusting "guaranteed profit" scams. Skipping the demo account. Not setting stop-loss orders. www.xtrememarkets.com
TIPS FOR SUCCESS Follow global news (USD trends, oil prices). 91% Start with 1–2 currency pairs (e.g., USD/INR futures on NSE). Withdraw profits regularly—don’t get greedy. www.xtrememarkets.com