Trading can be easy and exciting when you know what you’re doing. And while getting the knowledge from around the WEB might seem inspiring, browsing through thousands of websites trying to get the right advice can get overwhelming – and counterproductive.
However, there are all-in-one platforms that try to give the most to its users – with the exceptional trading experience, good range of assets and strong analytics & news resources combined.
Now a number of companies have made access available to armchair traders. In times of COVID it’s especially important to have a stable source of income. Anyone can now enter the world of online trading platforms and invest and execute trades.
Since the onset of liberalisation, Foreign Exchange markets in India have experienced tremendous growth. The main centre of Foreign Exchange in India is Mumbai with other centres in all the major cities such as Kolkata, New Delhi, Chennai, Bengaluru, Pondicherry and Cochin.
It should be noted that under the Foreign Exchange Management Act (FEMA), 1999 or FEMA Act, one can face imprisonment or be imposed with a fine for forex trading done illegally in India. However, a note can be taken of the fact that there is no prohibition for NRIs to do foreign exchange trading in India.
RWTrader: Market Focus
Traders from India and nearby countries can start to enjoy working with one of the most reliable online trading platforms – Rock-West. When trading with a regulated broker, one can be assured about the security, accountability and transparency as it means the company only collaborates with credible financial institutions and liquidity suppliers and has money-laundering protection procedures. Rock-West is a regulated Securities Dealer providing brokerage services under the FSA license number SD044. As the company’s goal is to fully meet the requirements of Traders, Rock-West is a registered and regulated organization that places a big premium on safety and transparency.
Rock-West is a relatively new online trading platform that offers forex trading in India. It can help users with creating trading accounts, downloading trading platforms, upload documents, make deposits and withdrawals, sign up for webinars and much more. The company’s target is to deliver a high-quality easy-to-use trading platform with minimum deposit requirements and various payment methods.
The market assets include more than dozens of Forex pairs, a comprehensive range of cryptocurrencies including Ripple, Ethereum and Bitcoin, and some more traditional assets such as indices and commodities. Currently the trading platform offers a maximum leverage of 1:2000.
Trading hours are very flexible. They are available for 24 hours, which makes the trading process very convenient for the traders and customers. Visitors can use the Rock-West website both on PC and mobile. It has a newly designed app for its mobile users (available on both iOS and Android).
Rock- West for Indian market
Rock- West offers great opportunities for the Indian trading market. It is available in major trading centers of India – Mumbai, Bangalore, Kalkata. RWTrader educates you and makes your desire to make extra money a reality. It increases your trading skills and gives you chances to capitalise your wealth with fast registration, free education, fast and easy payout. RW trading platform was a wide range of advantages: lower commissions, Clarity of fees and charges, Low margin requirements, Cryptocurrencies
Summary
Using trading platforms such as RWTrader, with professional tools and up-to-the-minute pricing, could help Indian traders make better decisions. RW offers flat-fee brokerage, lets small investors play in the market, and gives access to serious tools. Whatever you decide, invest wisely and stick to your strategy.
You may be interested in: Canada may become a big Bitcoin mining country