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Currency Trading Platform

Currency Trading Platform

The Currency Market or Foreign Exchange Market is where traders go to trade the world’s currencies. All the listed currencies are from developed economies, as they make up the highest share of the world trade, which makes their currencies the most traded in the world.

No Need to Monitor Thousand of Stocks
Express Execution of Market Orders
No Short Selling Restrictions
Highly Sensitive Market
24 Hour, Commission Free Market

Why Invest in Currency?

Currency or Foreign Exchange is a generally accepted form of money, including coins and paper notes, which is issued by a Government and circulated within an economy. The Currency Market or Foreign Exchange Market is where traders go to trade the world’s currencies. All the listed currencies are from developed economies, as they make up the highest share of the world trade, which makes their currencies the most traded in the world. It is necessary to consult a professional currency trading broker in India for better understanding of the currency market with correct and timely trading advice.

Currency investing has recently attracted more interest as economic uncertainty has enveloped the globe. Historically, trading currencies was reserved to multinational corporations and well-financed investors, but this market has opened up to the average investor. Being one of the prominent online currency trading in India, here are a few benefits of trading in Currency trading platforms in India.

Everybody knows about stocks and equity trading , but there is a high potential market that most people are not aware of. This avenue is called currency trading platforms in India. Allowing trades to happen right with foreign exchange trading platform, gives you a chance to profit if you are able to spot the right opportunity and use them for your benefit. Currency trading platforms in India has participants comprise banks, corporations, central banks (like RBI in India), investment management firms, hedge funds, retail forex brokers, and investors like you. Forex trading platforms in India is a legitimate way to make a profit.

  • Less Barriers or No Barriers to Enter the Market – If you think you require millions for making an entry into currency trading then it is not true. In fact, you can start trading in forex with a minimal amount initially and reap the fruits of the currency market.24 Hrs. Market – Currency market is worldwide trading is continuous as the market is always open somewhere in the world. Commission-free market – The best thing about Currency Market is that you don’t have to deal with any middleman. Currency trading platforms in India permit you to trade directly with the market.
  • There's High Liquidity – Forex Market is vast and extremely liquid. It has the capability of converting high assets into cash quickly. Through Forex Trading platforms in India you can move big amounts of money in less time into foreign currency. Investors must look for trustworthy currency trading platforms in India like Ajmera x-change who have experience and professional brokers that provide the right advice in a timely manner.

Investors must look for trustworthy currency trading platforms in India like Ajmera x-change who have experience and professional brokers that provide with right advice in timely manner.

contact us for more details currency faq

Currency FAQ

The currency or the foreign exchange market is normally based on currency trading platforms, where different major currencies of the world are traded. The foreign exchange market works as a medium to bring two parties together who wish to trade currencies at some agreeable rate. For instance, you can exchange one country’s currency for that of another simultaneously at some exchange rate. If you want to sell Indian rupee (INR) to buy the US dollar (USD), there must be someone else who wants to sell dollar for rupee at the same exchange rate. The Currency Trading (FOREX) market is the biggest and the fastest growing market in the world economy. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover.

“Ask” is the price at which broker/dealer is willing to sell. It is also called as an "Offer". “Bid” is the price at which broker/dealer is willing to buy.

Markets are places to trade goods. The same goes with FOREX. The Forex Goods (merchandise) are the currencies of various countries. Online Currency Trading is the act of buying and selling international currencies using the internet based platforms. Banks and financial trading institutions engage in the act of bulk currency trading. Individual investors can also engage in currency trading, attempting to benefit from variations in the exchange rate of the currencies.

Currency trading on the national level is offered by National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Metropolitan Exchange.

A Currency Option is a contract that grants the buyer the right, but not the obligation, to buy or sell a specified currency at a specified exchange rate on or before a specified date. When you take an option to buy an asset it is called a ‘call’ and when you obtain the right to sell an asset it is called a ‘put’. To determine whether it is profitable to exercise an option, the current market price (spot price) and the price in the option (strike price) need to be compared.

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Escalation Matrix

Details of Contact Person Address Contact No. Email Id Working Hours
Client Servicing / Customer care Suresh Munge 63-67, Ajmera House,
4th Floor, Off K.H.Ajmera Chowk,
Pathakwadi, Mumbai – 400 002.
022-40628913 suresh_munge@ajmera.co.in 10:00 am to 6:00 pm
Head of Client Servicing Mr. Dhanesh Bendre's 63-67, Ajmera House,
4th Floor, Off K.H.Ajmera Chowk,
Pathakwadi, Mumbai – 400 002.
022-40628915 dhanesh_bendre@ajmera.co.in 10:00 am to 6:00 pm
Compliance Officer Ashish Ajmera 63-67, Ajmera House,
4th Floor, Off K.H.Ajmera Chowk,
Pathakwadi, Mumbai – 400 002.
022-40628888 ashish@ajmera.co.in 10:00 am to 6:00 pm
CEO / Whole Time Director Ashish Ajmera 63-67, Ajmera House,
4th Floor, Off K.H.Ajmera Chowk,
Pathakwadi, Mumbai – 400 002.
022-40628880 ashish@ajmera.co.in 10:00 am to 6:00 pm

In absence of response/ complaint not addressed to your satisfaction, you may lodge a complaint with CDSL at https://www.cdslindia.com/Footer/grievances.aspx or SEBI at https://scores.sebi.gov.in/. Please quote your Complaint Ref No. while raising your complaint at SEBI SCORES/ Depository portal.

Group Companies Members of BSE, NSE, MCX, MSEIL, CDSL, Broking Services, Depository Services
BSE Clearing No.: 911 | NSE Clearing No.: 11858 | MCX Clearing No.: 10665 | MSEIL Clearing No.: 11400 | CDSL DP ID: 30300 | SEBI Regn. No.: IN-DP-715-2022 | SEBI Reg No.: INZ000177531 (Cash/F&O/CDs/MCX)

Attention Investors
1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 dated August 31, 2020 and other guidelines issued from time to time in this regard
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors

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