IDFC FIRST Bank
Want to trade in currencies? Choose FX Retail. Register online and start currency trading easily. Let’s understand its features and benefits.
The platform is available to resident Indians, Non-Resident Indians (NRIs), foreign nationals living in India and even minors.
The transaction limits vary according to your residency but conducting transactions is easy.
All you have to do is register online and access the platform.
You can choose to take delivery of the traded currency on the same day or the next day and book your trades at the current spot rates.
Usually, there’s no limit on the number of transactions done in a day. However, the transactions must be within the bank-sanctioned limit.
You can diversify your portfolio with currency trading for risk mitigation and also to profit from the fluctuating currency rates.