🧠 Introduction:
Foreign Exchange yaani Forex Trading duniya ka sabse bada financial market hai — jahan roz ₹700+ lakh crore se zyada ka trade hota hai.
Agar aap soch rahe ho ki Forex trading kya hoti hai, kaise kaam karti hai aur kya ye aapke liye sahi hai — toh yeh guide aapke liye hai.
What is Forex Trading?
Forex trading ka matlab hota hai ek currency ko bechna aur doosri ko kharidna — aur is process se profit kamaana.
Example:
Aap USD ko INR ke against trade kar rahe ho
Agar USD ki value badhti hai aur aapne sahi prediction kiya hai → profit
Forex pairs me hamesha do currencies hoti hain, jaise:
EUR/USD (Euro vs US Dollar)
GBP/INR (British Pound vs Indian Rupee)
USD/JPY (US Dollar vs Japanese Yen)
🧪 Simple Example:
Suppose:
You buy EUR/USD at 1.1000
Price goes to 1.1050
You close the trade → You made a profit of 50 pips
1 pip = smallest unit of price change
Zyada pips = zyada profit/loss
✅ Pros of Forex Trading:
💵 High liquidity – buy/sell anytime
📉 Can profit in both rising & falling markets
🌍 Trade global currencies from anywhere
🧮 Leverage available to multiply gains (but risky)
❌ Risks Involved:
High volatility → quick losses
Leverage = High risk
Unregulated brokers = Scam chances
Emotions can ruin trades (greed, fear)
⚖️ Is Forex Trading Legal in India?
Forex trading with INR-based pairs regulated by RBI (like USD/INR) is legal.
But if you’re trading on international platforms (with pairs like EUR/USD), it’s technically not allowed as per Indian law — though many still do it via foreign brokers.
Beginner Tips:
-
Learn technical analysis (charts, indicators) -
Always use stop loss -
Never risk more than 1–2% of capital per trade -
Stay calm during losses -
Practice on demo for at least 1 month