Start Trading in 3 easy steps

step 1
Open Account

Start your trading journey by opening
an account with Almondz.

step 2
Add Funds

Once your account is open, add funds
to begin trading.

step 3
Start Trading

Explore a wide range of investment
opportunities and start Trading with
Almondz.

Benefits Of Trading Currency With Us

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Why Trade Currencies With Us?

Portfolio Diversification

Trade in various currency pairs, reducing over-reliance on single assets.

Low Barrier To Entry

Engage in currency trading with a relatively small initial investment.

Market Data And Charting

Stay up-to-date on the latest price movements

Variety Of Trading Options

Choose the trading option that best suits your needs and risk tolerance

Calculate Brokerage & Margin easily

Tap to know the financial levy depending on your sell value, and buy value on your chosen quantity.
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Brokerage Calculator

₹0 brokerage charge on equity delivery

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Margin Calculator

Increase your buying capabilities with Margin Money

Get started with your Demat &
Trading Account in no time

Open Demat Account

Currency trading, also known as forex trading, involves the buying and selling of currencies in the foreign exchange market. It's a dynamic and fast-paced arena where traders speculate on the future movements of currency pairs. Almondz Trade offers you a lucrative opportunity in currency trading in India. With the advent of technology, the forex market is more accessible than ever before. Currency trading timing in India ranges between 9:00 AM and 5:00 PM IST, and the market remains open from Monday to Friday. In India, currency trading time typically overlaps with major global financial centers, offering ample opportunities for active participation.

An effective currency trading strategy includes prudent decisions on pairing the currency to trade and understanding them well. Currency trading involves the element of position sizing along with the entry and exit points. Join Almondz Trade services and research to buy and sell currency pairs. Open Demat Account with us, and embark yourself on a free and paperless Demat Account for currency trading.

Do you know that the forex market is the largest and most liquid financial market globally, with a daily turnover exceeding trillions of dollars? The Reserve Bank of India (RBI) regulates the forex market in the country, through the Foreign Exchange Management Act (FEMA). Additionally, advancements in technology have democratized trading, allowing retail investors to access the market with ease. With Almondz Trade, you can employ various approaches, ranging from technical analysis to fundamental analysis. As a technical trader, you should rely on chart patterns and indicators to identify potential entry and exit points, while being a fundamental trader, you should analyze economic indicators and geopolitical events to gauge currency movements. Timing plays a crucial role in currency trading, especially in the context of India. Regardless of the strategy employed, disciplined risk management is paramount to long-term success in currency trading. Currency trading gives you a chance to diversify your investments to global market fluctuations. By learning how currency trading works, knowing the best times to trade, and using strong strategies, you can create wealth with this active market.

Frequently Asked Questions

Discover answers to our most commonly asked questions and find the
information you need with ease

Trading in currency refers to the practices of currency trading. In this type of trading, investment are made based on the global trends of foreign currencies

In India, the market is open to trade between Monday and Friday and the timing will be 9:00 AM to 5:00 PM IST.

The US Dollar and Euro are mainly used for currency trading because there is a chance of greater return.

The foreign exchange market serves as the primary platform for the trading of currencies. In contrast, the trading of currency is mostly carried out via electronic means in the over-the-counter (OTC) market.

FOREX stands for Foreign Exchange.

Yes, investment in Forex and currency trading is legal in India only by the resident person of India. However, cross-currency trading is not allowed in India.

There are 7 pairs of currency trading in India. They are USD/INR, EUR/INR, JPY/INR, GBP/INR, EUR/USD, GBP/USD, and USD/JPY.

Currency trading in India is facilitated by NSE, BSE, and Metropolitan Stock Exchange of India.

Open a Free Demat Account with Almondz. Go to the currency trading section placed on the header. Select the currency pair you want to trade. Starts buying and selling instantly by clicking the icon below.

A currency futures contract is a financial derivative that enables the exchange of one currency for another at a predetermined price on a future date. Here currency is kept as an underlying asset.