Why Currency Trading with Sharekhan

The Indian bourses offer trading in Currency F&O (Derivatives). The Indian exchanges offer trading in Futures in four currency pairs (INR-USD, INR-GBP, INR-JPY, INR-EUR) and F&O in three cross-currency pairs (EUR-USD, GBP-USD and USD-JPY).

Trading in currencies is known as forex, or foreign exchange, such as when purchasing USD using INR. Governments, central banks, commercial banks, businesses, enterprises, brokers, forex dealers and people all take part in the buying, selling, lending, hedging and exchanging of currencies in order to have enough money to pay for necessary imports.

Top traders & investors hedge their Equity investments with smart positions in Currency. But there’s much more to Currency trading with Sharekhan at your side.

Sharekhan Brokerage Rates

Currency Options

₹20per lot

NO HIDDEN CHARGES
Currency Futures

0.02%of transaction value

OPEN FREE* DEMAT AND TRADING ACCOUNT IN 15 MIN**

Limited Period Offer

I agree to all Terms and Conditions

Why Forex trading?

Benefit for Hedgers

Without the need for documentation of your Forex exposure, you can hedge your positions on the Exchange platform with fair price quotations.

Low charges

Without having to worry about the high cost of transactions, you may start forex trading with a small sum. The fees paid to the broker are included in the transaction cost & are typically insignificant.

Free market

There is no single player and no one in charge of the market when there are many participants. Because there is free competition, prices are influenced by outside forces, such as the economy.

Higher liquidity

To enable you to build a large position, the brokers give you the choice of borrowing money against a little investment.

Excellent for newcomers

Forex is a fantastic alternative if you're a beginner trader who wants to start with minimal deposits and learn about the market.

Truly international market

The forex market is extremely large, and traders from all around the world participate in it. The market's sheer scale offers traders significant advantages.

Monthly and Weekly alternatives

Monthly and Weekly Futures and Options are available to trade and hedge.

Low Risk and Low Margin

Due to low volatility, risk is minimized. Can trade with lower margins compared to Equity and Commodities.

But why Sharekhan for Forex Trading?

We keep it simple and full-service. We give you powerful trading platforms. We give you FREE recommendations and strategies backed by Research. And we give you the human support and teacher-led Learning Modules you need to take you places.