Swastika offers currency trading with prompt recommendation of award winning research team and quality execution.OPEN A DEMAT ACCOUNT
Trade in different currencies with Swastika
Trade across futures, options
USD-INR &JPY-INR are the pairs traded under currency options and USD-INR, EUR-INR, GBP-INR, JPY-INR are the pairs which can be traded under currency futures.
Forex market is accessible globally 24 hours a day
When trading in India, the market is regulated by the Securities Exchange Board of India (SEBI)&Reserve Bank of India (RBI).
Hedge against risk
Hedging will reduce the financial risks arising from adverse price movements.
Invest, Trade, Hedge, Speculate
Trade in Forex currency with the highly experienced and award winning team of Swastika.
Trading currencies is always done in pairs. Unlike the stock market, where you can buy or sell a single stock, you have to buy one currency and sell another currency in the forex market. It is traded in different size lots. The micro-lot is 1,000 units of a currency. A mini lot is 10,000 units of your base currency and a standard lot is 100,000 units of a currency.
Steps to trade in currency:
Open a trading account- To get started; you have to open a trading account. You can open a free online trading account on Swastika’s website and start trading right away.
Research- It's important to understand what to buy or sell and when to buy and sell. Keep a close eye on trends.
Due to low trading costs, a variety of marketplaces, and the availability of large leverage, buying and selling currencies may be quite profitable for active traders.
USD/INR. USD/INR is the most traded currency pair in India, with USD/INR transactions making up 70% of daily trades in 2022.
The four currency pairs that are most frequently traded in the forex (FX) market are:
EUR/USD, USD/JPY, GBP/USD, and USD/CHF are the four primary pairs. These four significant currency pairs are members of the Group of Ten (G10) and are deliverable currencies.