Simply Intelligent Technical Analysis and Trading Strategies. September 3, by Rajandran 26 Comments. L ast Night iam searching for the possibility of opening a Online Forex account.

Forex Trading in India - Legal or Illegal - A Critical Analysis

It seems that forex,commodities and World Indices Trading are possible in realtime. But the problem is they are not getting any Valid Identification proof to trade in their platform. Welcome to eToro support! How can I help you today? Iam from India and I would like to know the process of opening the Fx account.

The link below will help you open a Real account, please follow the steps described:. So i can trade in Forex after Installing the Software? You can find all necessary information about funding your account on the following link:. Does Opening an account requires any Identification Proof or any other supporting documents? So If Iam a paypal account holder and if iam trying to withdraw my money from etoro account….

How long it takes? What does the software contains? Does it supports technical realtime Charts? The link below will allow you to download the platform and to start with the eToro trading.

I mean is there any minimum margin need to be maintained in the account….? And what happens to my account if iam not trading for months? Is the software Highly Secure while transaction?

And where to find the list of financial Instruments that i can trade and the margin requirement details? If you have any further questions — please do not hesitate to contact us again and we will be happy to asisst you. Will there be any legal issues? Etoro , Forex Account , FX Account , India. Rajandran is a Full time trader and founder of Marketcalls, hugely interested in building timing models, algos , discretionary trading concepts and Trading Sentimental analysis.

He now instructs users all over the world, from experienced traders ,professional traders to individual traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications.

E-Toro – Online Forex trading Possible in India?

Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst Optuma ,Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

September 3, at 8: Hi Raj, According to ur NMA indicator the stoploss for nifty spot was Pls do reply me Sir since i stuck in shorts at lower levels. Thanks a lot in advance Bhrat Jain. September 3, at Stop Loss should be kept on EOD basis. September 3, at 4: December 14, at 1: I trade with forex4you even they have fantastic support.

I like their services and trading terminal. If i am not wrong then they are the first forex broker in India with office in Mumbai. September 29, at 9: I just found your website and a lot of thanks to you for what your doing here in the web site.

Best of luck for your success. I just went through the column of forex trading in INDIA. Can you please just tell me whether FORX TRADING IN INDIA is legal or not? If legal, is there any good broker?

March 3, at 5: Is tax deducted at source for every transaction 3. What is the process of declaring income during IT filing. March 15, at 2: January 8, at 3: What do u mean by this and why.

Please say in detail as am about to invest in forex through this company. February 4, at 1: February 4, at 2: April 23, at February 6, at 6: Hi RR ,which bank i can use to open account in etoro with my debit card. April 2, at 4: April 2, at 5: However it is not a legal solution. For more information visit http: May 30, at 1: November 4, at 4: Rajendra ,which bank i can use to open account in etoro with my debit card. April 11, at Hi,I used this site and deposited some amount a year before via my credit card but now i cant deposit a single penny via the same card, it showing that my bank AXIS does not allow to did it, and my credit card statement also shown that as per the RBI rules we should not use our credit card for Forex trading.

Yes most of the Bank had imposed a restriction on transferring money to Forex Brokers account due to RBI regulations and restrictions. October 21, at Hi rajendran, Nice to read your posts. Is it possible to open an bank account outside India say like Hongkong, and transfer fund to etoro? I see lots of Indians still trade and earn in that site. Please give a suggession.

Yes thats possible as most of the hedgefunds either choose mauritius, cyprus, hong kong to route their money. November 23, at 4: Just wanted to know that if you are doing trade on etoro..? If yes, I would like to come with you on etoro.

Please reply me as soon as possible.. November 23, at 6: October 11, at 3: Rajendran, Shall I Start Trading In Etoro? It seem Etoro doesnot trading in INR. November 17, at 4: Sir, I have invested in forex with a person in Pune, Rajesh Kamble of Evolve Consultancy. Good returns for over one year, but from January nothing, no payment and no return of capital also. He trades through etoro, has visited Cyprus, and also opened an office in Dubai lately. All agreements are in Indian rupee. What are the chances I will get my money back, which he now claims he will pay in February?

Will a promisery note with a post dated cheque help me? November 24, at 7: If the Etoro trading is illegal in India then Why should we select e -- toro broker to trade.

Any one can reply me , Which broker or which trade is legitimate and legal. Your email address will not be published. June 15, By Rajandran 8 Comments.

June 6, By Rajandran 5 Comments. May 5, By Rajandran 1 Comment. April 26, By Rajandran 5 Comments. April 9, By Rajandran 2 Comments. October 29, By Rajandran 6 Comments. May 16, By Rajandran 8 Comments. November 14, By Rajandran 5 Comments. November 13, By Rajandran 3 Comments. February 7, By Rajandran 19 Comments. About Contact Us Terms and Conditions Privacy Policy Support Policy Disclaimer.

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Between and , tele-density did not add up to much, given the poor infrastructure, […]. Comments bharat jain says September 3, at 8: Hi Raj, I just found your website and a lot of thanks to you for what your doing here in the web site. Forex trading is illegal I suppose..!! Do you think Etoro is legal..??

Prachi, Yes Forex Trading in international pairs is illegal in india whomever the broker be. If it is illegal than we can not even use Etoro?

I am intrested for etoro trading any representative in madurai ,India. Thanks, Zubair Alam, Saudi Arabia NRI. Leave a Reply Cancel reply Your email address will not be published.

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An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

All trades, patterns, charts, systems, etc. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results.

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