Business Description
Don't have an account? RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/7, reg. number 000001272. RoboForex Ltd is registered by the Financial Services Commission under the Securities Industry Act 2021. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. For Indian investors, then, it is a good idea to find an international broker that accepts Indian clients. If you are an Indian trader, or even if you are not resident in India at all, but want to trade CFDs on Indian stocks, this can also sometimes be done through offshore brokerages. SEBI registration is optional for Foreign Fx brokers. You can check OctaFX that offers a free forex demo account for practice. But OctaFX is regulated by the Law of Saint Vincent and the Grenadines. In essence, forex trading involves the purchase and sale of currency pairs, such as EUR/USD or JPY/GBP, as opposed to other securities like stocks. The distinguishing feature of forex trading is that it involves the exchange of one currency for another. To make a profit, you would sell one currency with the expectation that its value will decrease relative to the currency you plan to buy, which you anticipate will increase in value.
