USD-INR pair is the first the most popular currency contract with the lot size. It is not really accessible for retail.
EUR-INR currency exchange future jumps to 66.2 as of recent research. Contract stays positive and has expected growth.
The lot size is not usual 1000 units, it 100,000. It is considered as highest in the currency sector.
it is the 2nd most popular currency contract next to the USD/INR pair. GBP/INR pair is called the cable in International market.
As we know, it is the European currency has a similar contract structure as USD/INR.
The British Pound/U.S dollar is the third-largest trading pair accounting for 11% of the total forex market.
One of the most liquid and traded currency pairs where, for instance, If 150 times a pair is traded, then 1 dollar is in exchange for 150Yen.
Suitable for short-term traders with limited funds and a high-risk appetite.
Approach the stock broker; complete the KYC process; Deposit margin amount and request access from the brokers.
To start your currency trading, you must need a regulated broker registered with SEBI (Stock Brokers and Sub Brokers) Regulations,1992. As you have to safeguard your investments, whereas regulated broker’s activities are controlled by a local regulatory authority. Sign up with us to experience a hassle-free genuine trading.
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Our team of professional and skilled trading experts can provide valuable market asset information and world-class training in trading from the start.
