A forex broker is a mediator between forex traders and the interbank market. Forex brokers offer financial services and a platform where buyers and sellers perform foreign currency trades. Engaging in forex trading in India has the potential for profit, yet it necessitates a blend of knowledge and self-control. The forex market, while presenting chances for substantial gains, also comes with considerable risks that traders need to recognise and skillfully navigate. Hence, the investors should diversify their portfolios to balance the overall risk and return. Trading currency futures and options comes with potential profits. The currency market is known to move on the news of economic factors, trade relations, and more. You as a forex trader can indirectly benefit and participate in this market through currency futures and options on Dhan. However, it is important to manage risk thoroughly, especially because currency F&O is a highly leveraged segment.
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