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  2. The global foreign exchange market (forex) is volatile. It’s important to use caution when entering the forex market and make sure you have a solid understanding of the currencies, derivatives, commodities, cryptocurrencies, spreads, and other offerings in which you wish to trade. Trading forex in India involves navigating the intricacies of the financial markets within the regulatory framework of the country. To begin forex trading, you’ll need to select a regulated and reputable forex broker that caters to Indian traders. Once you’ve chosen a broker, open a trading account by providing the necessary documents for verification. Many brokers offer demo accounts, allowing you to practice trading with virtual funds and refine your strategies before trading with real money. Cookies from third parties which may be used for personalization and determining your location. By clicking ‘I Accept’, you agree to the usage of cookies to enhance your personalized experience on our site. For more details you can refer to our cookie policy
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    Spread rebate services in Forex offer partial profit through reimbursements. There are two types: spread rebates for CLASSIC accounts and commission rebates for ECN accounts. This service is suitable for medium-term traders, with 10-20 trades per month, but scalpers have limitations. For long-term strategies with trades over 1000 points, spread rebates have limited benefits. Personally, I focus on my long-term strategy with average profits of 3,000-5,000 points, where specific spread size becomes less important. Bank of International Settlements. « OTC Foreign Exchange Turnover in April 2022. » When comparing zero spread account brokers, one of the first things to look at is how much commission they charge. While professing to be zero spread brokers, some brokers impose a minimal commission or fee as well as a little markup on the spreads.

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