We are registered members for currency broking with NSE (National Stock Exchange) and MCX-SX (Multi Commodity Exchange of India Ltd). 

Here are some key points and considerations regarding currency broking in India:

Market Evolution: The currency futures market in India started in 2008-2009, and currency options were introduced in 2010-2011. This relatively new market has seen steady growth and is an integral part of India’s financial landscape.

Potential: Currency derivatives offer a significant potential for growth in India. They provide a way to hedge currency risk and speculate on currency movements.

Market Participants: Market participation has been gradually increasing, with a mix of speculators, hedgers, and arbitrageurs. 

Education and Information: At Ajcon, we emphasis on disseminating education and information to help you to understand the risks and rewards of currency trading.

Regulatory Environment:  The currency derivatives market in India is regulated by SEBI (Securities and Exchange Board of India), and regulatory changes can have a significant impact on market dynamics.

Risk Management: As currency derivatives inherently involve risk, it’s important for market participants to have robust risk management strategies in place. This includes setting stop-loss orders, using appropriate position sizing, and staying informed about global economic events that can affect currency markets.

Technological Infrastructure: As a must, we have a robust and reliable technological infrastructure to execute trades efficiently viz high-speed internet connections, advanced trading platforms, and cybersecurity measures etc.

Customer Support:  We provide excellent customer support and build trust by our exemplary services. We have responsive customer service teams that can address queries and concerns promptly.

Market Analysis: Regularly analyzing and sharing market insights and trends helps our clients make informed decisions. Currency markets are influenced by a wide range of factors, including economic data, geopolitical events, and central bank policies.

Compliance: Compliance with regulations, including anti-money laundering (AML) and know-your-customer (KYC) procedures, is of utmost importance.

Staying informed, staying compliant, and offering personalized one on one services to our clients makes us a preferred broker.