#Forex Market who can invest
#Forex Market is 24X6 Open Trade Market
#Forex Market- Who can invest in India
#Forex Market-Where are the Most Traders of Forex
In Indian Currency market, Indian banks and financial institutions are allowed to invest. Currently Foreign Institutional investments (FIIs) and NRIs have no right to invest in Indian currency futures market. Often traders in the currency market to protect themselves from currency fluctuations take positions in the market. The price difference between two markets currency futures market investors to do business in cash.
It is essential to know about the Forex market is that it is only where the asset is traded round the clock 6 days a week. There is no limit on daily trading in the market, neither the upper limit, lower limit nor. This market has also no limit Position and you can trade with any currency pairs (like USD INR). Based on the Forex market can be said that the most open market in the world and therefore has a huge market both equity and commodity amazing thing on this market is over the weekend does not stop Forex Trading. According to one survey, the worldwide Forex market is the most traded.
According to data released by the Bank of International Settlement currency market daily turnover of 5.3 trillion dollars in 2013, the level had reached 4 trillion USD in 2010. London is the most traded currency in the market, which accounted for more than 40 per cent of the global currency markets. After that comes the Numbers USA, Singapore, Japan, Hong Kong, Svitrjrland, France. The euro-dollar currency pair is the most prevalent of which is a 24 per cent share of the business. Mexico's peso and China's 10 most traded currencies in Renminbi have been involved in the league.