“The ED initiated investigation on the basis of a First Information Report registered by Shivaji Nagar Police Station, Pune, against several persons for their involvement in showing false temptations of high returns and duping persons in guise of forex trading through the OctaFx trading platform,” the ED official said. Navigating the legal landscape of forex trading apps in India is crucial for ensuring a secure and reliable trading experience. By understanding the regulatory framework, features, and benefits of legal forex trading apps, you can make an informed decision and choose a platform that aligns with your trading goals and risk appetite. Remember to prioritize regulatory compliance, assess platform features, and compare fees and charges to find the best legal forex trading app that suits your needs. With the right approach and the use of a legal and secure platform, you can embark on your forex trading journey with confidence.
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ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. – ICICI Venture House, Appasaheb Marathe Marg, Mumbai – 400025, India, Tel No: 022 – 6807 7100, Fax: 022 – 6807 7803. Composite Corporate Agent License No.CA0113. Insurance is the subject matter of solicitation. ICICI Securities Ltd. does not underwrite the risk or act as an insurer. The advertisement contains only an indication of the cover offered. For more details on risk factors, terms, conditions and exclusions, please read the sales brochure carefully before concluding a sale. Many forex traders favor technical analysis in determining the trading positions they adopt. Technical analysis – analysis based on charts of price movements in a market with the aid of various technical indicators – is generally favored by speculators and short-term or intraday traders, although long-term traders may also utilize technical analysis.

In today’s globally connected world, international travel, and online shopping have become more common, making it essential to have a credit or forex card. The use of cash is gradually becoming obsolete, and credit and forex cards have become the primary modes of payment for customers. While both cards offer similar benefits, there are significant differences between them that are important to understand. By clicking on the hyper-link, you will be leaving kotak and entering our partnered website which will display recurring payment details enabled on your Kotak Bank Credit Debit Card. Forex cards are prepaid cards with which you can conduct transactions in foreign currency without incurring any fee for such transactions. As compared to credit cards that charge foreign exchange mark-up fee (ranging from 1.75% to 3.5%) over and above the exchange rate, Forex Cards are very economical as they carry no charges per transaction. They can be used like any other debit card. However, unlike debit cards, they are not linked to a bank account.
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Larger forex brokers sometimes have more resources, which might result in better spreads and technology. On the other hand, smaller brokers may provide more customized service; the “best” depends on your specific needs. Start your forex trading journey with the best broker for YOU in the UK! Conduct thorough research, compare the top contenders, and consult reputable resources for up-to-date information. Websites like the Financial Conduct Authority (FCA) and leading financial news outlets are valuable sources to help you make an informed decision. Remember, choosing the right broker can significantly enhance your trading experience and investment success. The largest online brokers by volume is Australian brokerage IC Markets with $22.68 billion in daily turnover. US-based Forex gained popularity and is now the second largest broker, with XM in third.