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Ramneet Kaur
Ramneet KaurExplainer
Asked: 4 months ago2025-01-24T16:34:41+05:30 2025-01-24T16:34:41+05:30In: Finance

What is the minimum deposit for Forex trading in India?

In India, the minimum deposit for forex trading varies by broker; some require no minimum deposit, while others may set it at $100 or higher.

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    1. Ramneet Kaur
      Ramneet Kaur Explainer
      2025-01-24T16:35:22+05:30Added an answer about 4 months ago

      The minimum deposit for Forex trading in India depends on the broker and the type of account chosen. Some brokers allow trading with no minimum deposit, while others require an initial deposit ranging from $10 to $100 or more.

      Regulated Indian brokers are controlled by SEBI (Securities and Exchange Board of India), which protects traders. International brokers may have other requirements. Consider leverage, spreads, and trading fees when choosing a broker.  A trader should use a regulated platform, as forex trading is only in currency pairs permitted by the RBI.

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    2. Ramneet Kaur
      Ramneet Kaur Explainer
      2025-01-24T16:47:21+05:30Added an answer about 4 months ago

      Yes. That’s where React.js can be used to develop mobile apps using React Native, which allows for cross-platform development off of a single codebase.

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