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Nuvama Partners

Discover the dynamic world of global currencies!

Manage your exposure to international exchange rate fluctuations through currency trading!
Benefits of trading in
Currency Market
Hedging
Hedging
Protects against forex exposures
Arbitrage
Liquidity
Lower cost

Benefits of investing in currency trading

Slide 1 of 5
HedgingHedgingProtects against forex exposures, minimize losses through hedging with currency derivatives
ArbitrageArbitrageBenefit by trading currency derivatives across various markets and exchanges
LiquidityLiquidityBeing the largest financial market, offers high liquidity
Lower costLower costLower trading cost compared to other markets

Explore our pricing

Plan
Lite
Elite
Currency Futures
Rs 10 / Executed order
0.020%
Currency Options
Rs 10 / Executed order
Rs 20/ lot

Most popular currency pairs in Indian Currency Market

USD / INR
EUR / INR
EUR / USD
GBP / INR
GBP / USD
JPY / INR
USD / JPY
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Got Questions? We’ve got all your answers!

Currency derivatives are financial instruments that allow traders to speculate on the future movements of a currency pair. Currency derivative transactions involve the exchange of two currencies at an agreed-upon rate and delivery date. By trading currency derivatives, traders can take advantage of what is known as “exchange rate differentials”, which arise when there is a mismatch between a currency pair’s current and future exchange rates.

The main benefits of trading in currency derivatives are:

Hedging : Currency derivatives can be used to hedge against potential losses from fluctuations in exchange rates.

Leverage : Currency derivatives provide traders with access to higher levels of leverage than traditional spot forex trading, allowing them to gain exposure to large positions with less capital.

Liquidity : Currency derivatives are highly liquid instruments and can therefore be traded quickly and easily.

Flexibility : Currency derivatives offer traders a high degree of flexibility, allowing them to enter and exit positions quickly in response to changes in the market.

Speculation : Currency derivatives can be used to speculate on the direction of exchange rate movements, allowing traders to take advantage of potential price discrepancies between currencies.

Arbitrage : Currency derivatives can also be used to take advantage of discrepancies between currency pairs, allowing traders to profit from their differences.

Anyone with a trading account at a broker or trading platform can trade in currency derivatives. However, it is essential to note that certain restrictions and regulations apply to trading currency derivatives. Consult a trusted broker or advisor before diving into any derivative transaction to ensure you have all the information needed.

A currency derivatives contract is a financial instrument that is used to speculate on the future price of a currency such as Gold, Crude Oil, and Copper. The contract specifies the quantity, quality, and delivery date of the underlying asset and allows buyers and sellers to hedge against fluctuations in price. These contracts are traded on exchanges worldwide and can be bought and sold for speculation or hedging purposes.

No. You can trade currency derivatives with the same account you use to trade other financial instruments, such as stocks or futures. However, it is essential to note that certain restrictions and regulations may apply when trading currency derivatives.

Currency market timings on Exchange in India is 9:00 am to 5:00 pm. However, it is essential to note that some currency pairs may have limited trading hours due to global market holidays or other events.

The most popular currency pairs available on Indian exchange include:

  • US Dollar – Indian Rupee
  • Euro - Indian Rupee
  • Euro - US Dollar
  • British Pound - Indian Rupee
  • British Pound - US Dollar
  • Japanese Yen - INR
  • US Dollar - Japanese Yen

Additionally, many brokers and trading platforms offer various currency pairs, such as the Australian Dollar-US Dollar (AUD/USD) and Canadian Dollar-US Dollar (CAD/USD).

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