What is Forex Trading Companies In India
Forex trading companies in India are financial institutions or brokerage firms that provide services enabling individuals and businesses to trade in the foreign exchange (Forex) market. These companies facilitate the buying and selling of currency pairs, primarily through regulated platforms approved by Indian authorities such as SEBI (Securities and Exchange Board of India). In India, Forex trading is legally limited to currency derivatives involving INR pairs (like USD/INR, EUR/INR, etc.) and must be done on recognized exchanges like NSE, BSE, or MCX-SX. Companies such as Zerodha, Upstox, ICICI Direct, and HDFC Securities are among the most trusted Forex trading service providers in the country. These firms offer trading platforms, research tools, educational resources, and customer support to help traders make informed decisions while staying compliant with Indian regulations.
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