Currency Trading in ICICI-Direct

Currency market at ICICIdirect.com offers you the following benefit:

• Hedge your Forex Transactions using Currency Derivatives
• Trade with margins as Low as 3.5% to 4.5% for USD INR Contracts
• 10 Paise movement in Currency equals 100 Gain or Loss (excluding brokerage & statutory levies)
• Real time and Transparent Currency Rates in comparison to OTC Rates
• Trading hours of 09:00 am to 05:00 pm provide more trading opportunities
• Low Taxation ( No STT and CTT)

IF ICICI Allows Currency Trading .Then Forex is Not Illegal in India

Originally Posted by exnessshibin

IF ICICI Allows Currency Trading .Then Forex is Not Illegal in India

Yes ... That is true ...

Ok Great .I think Lot of Rumors to trade on Forex.....