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Forex trading, short for foreign exchange trading, involves the buying and selling of currencies on a decentralized global market. This massive financial arena operates 24/5, making it the largest trading platform worldwide. https://careers.gita.org/profiles/5749963-oludare-prix, Similar to stocks, Forex allows you to speculate on currency price movements. Notably, Forex trading is legal https://bikeindex.org/users/httpsrndmtok in India, but it comes with certain conditions. In summary, aspiring forex traders in India should approach the market with diligence, discipline, and a commitment to ongoing education. With the right knowledge and strategies in place, currency conquests can indeed become a rewarding endeavour for Indian investors. (Catch all the Personal Finance News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.) The first step in trading the forex market is to contact a broker with a global reach, as the market operates in cities such as New York, London, Tokyo, and Singapore.