Just as many people can earn money by trading in the stock market, in the same way, many people also earn good profits by trading in currency trading. At present, currency trading or the Forex market is one of the largest and liquid markets in the world from which good profits can be earned in a very short time. If you want to earn money by currency trading in India, then you should know the List of Currency trading in India, which we are going to tell you in this article.
List of Currency trading in India
If you are thinking of earning profit by doing currency trading in India, then for information, let us tell you that generally there is a ban on currency trading in India, so in such a situation, you cannot trade due to this reason, but there are some pairs in which you can trade in currency. You can do trading due to which people have earned good profits. The List of Pairs of Currency Trading Allowed in India’ includes 7 pairs which are:
- USD/INR: At present, one of the currency pairs on which e-trading investors can invest or trade in India is USD/INR in which many directors invest. Many investors earn good profits from it, due to which this pair remains very popular.
- EUR/INR: At present, only 7 currency pairs can be invested or traded in India and one of them is EUR/INR i.e. Euro-Dollar. If you are interested in trading in EUR/INR, EUR/INR is one of the best currency pairs currently available due to which people have earned good profits.
- JPY/INR: At present, only a few currency pairs are traded in India, so if you want to know about those currency pairs, then one of them is JPY/INR. By trading in EUR/INR, you can earn good profits in a very short time and you can also earn.
- GBP/INR: Out of the 7 currency pairs available in India, GBP/INR is also one in which people are allowed to trade. If you want to do currency trading, one of the best legal options available is trading with the GBP/INR currency pair.
- EUR/USD: One of the 7 currency pairs in which currency trading is possible in India is EUR/USD, in which a lot of people are currently trading and earning good profits in a short period. If you want, you can also easily trade in EUR/USD.
- GBP/USD: It is a matter of disappointment for traders that currency trading is currently banned in India but there are some currency pairs in which they can easily invest. These currency pairs include GBP/USD in which you will earn well by investing or in other words by trading.
- USD/JPY: List of Pairs of Currency Trading Allowed in India, one of the 7 currency pairs is ‘USD/JPY’ in which many people do currency trading at present and earn good profits from it. If you want, you can also earn profit from this currency pair.
These are the 7 currency pairs in which you can trade very easily and withdraw money from them. Just as experienced people earn good profits by having knowledge of the stock market, in the same way, people who have knowledge and experience of currencies earn good money from the Forex market. If you have knowledge about currencies then it is possible that you can earn good money from it, but for that, you will have to work hard further.
What is currency trending and how to make a profit from it?
First of all, if you do not know what currency trading is, then for information, let us tell you that in currency trading, currencies are bought and sold and because their prices keep increasing and decreasing, in such a situation, if you buy them at a lower price, you can get more money. If sold at a reasonable price, good money can be earned from it. The way trading is done in the stock market, in the same way, trading is done in currencies.
If we talk about how traders earn profits from currency trading, then for information, let us tell you that in currency trading, when a person buys an asset at a lower price and sells it at a higher price, then he gets a profit which is equal to his investment. Depending on the capital invested and the returns received, the work may be more or less. Currency trading is one of the best ways to earn more money in less time.
Currency trading is one of the easiest ways to earn profits on investment and returns on investment can be obtained very quickly. If you want to earn good money in a short period of time, then currency trading is one of the best options for that, but trading only in a few currency pairs is wrong. That is why we have prepared this letter in which complete information about the ‘List of Currency trading in India’ has been given in easy language.