Status of Forex Trading in India

Forex trading is valid. There are also some exchanges for this. There are regulations for dealing in foreign exchange. for detailed knowledge, please search on Google Search engine.

I think forex trading is risky and I don't know your background but extensive knowledge about other currencies and world trends is necessary to operate in this volatile field!

Though I am unaware of forex trading I would like to learn some new things from others replies. :) :)

nagalakshmi.karunanidhi wrote:
[quote]Though I am unaware of forex trading I would like to learn some new things from others replies. :) :)[/quote]

Foreign exchange trading is nothing but exchange of one currency for other. Reserve bank of India controls foreign exchange. There are approved dealers for dealing in foreign exchange.

For detailed knowledge, please search on Google search engine.

Well there are brokerage sites which offer free forex trading software for a trial period for live trading with fack money which can be a amazing learning experience for all.

Before you step into this field,gather as much knowledge as possible.It's a highly technical matter requiring minute observation over a period of time!