Tuesday, August 24, 2010
FOREX TRADING FOR INDIANS
Forex trading has been accepted as a way of living in countries like USA, UK RUSSIA etc but stil far away from the reach of indians, however some of the brokerages companies like sharekhan, reliance money and IDBI bank too has introduced FX trading but limited to availability of currency pairs which is four only & the base is only INR . So indians has to rely on the forex brokers located abroad, but most difficult thing is depositing & withdrawl options bcoz most of the indians dont have credit cards and paypal a/c. But one thing if u dont have any of these u need not to worry there is one more option which indians can follow netteller prepaid card which has depositing options through debit card & local indian bank deposit optios and there r certain brokers which accept funding from netteller card but one of the best trading platform which has all the user freindly features is www.etoro.com. U can open a demo a/c and have your practice out there & have an online chat with them they will guide u better and for any further i am here only.
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