5 reaons to invest in currencies with 5paisa
Trading in Forex tends to cater to highly liquid market. There are no hidden prices.
Trade from anywhere
Use web or mobile platform to trade in global currencies from your couch
Make fast & precise decisions
Study charts, understand market and place quick orders on FOREX market in real time
Learn about currencies at 5paisa school
Execute all orders at Flat fees of ₹20/order
Introducing SensibullYour one stop solution option Trading
Just predict Up down or neutral and get smart strategies which allow you to Trade with Peace of Mind is by protecting your losses
Get real-time options advice by experts based on research with high chances of profits and small losses
Learn Futures and Options trading using virtual trades, without real money.
Enjoy best pricing with our add-on packs
10 flat ₹Per order for other segments
10 flat ₹Per order
FREEResearch & Trading Ideas
Open your FOREX trading account
in 3 easy steps
Open your account
Fill in your personal details required for account opening & select Derivatives segment while proceeding with your account opening journey
In addition to the below mentioned list of documents, submit your income proof that is required for trading in Derivatives segment
Start currency trading
Post verification, your trading account will be activated and you can start investing in currencies
List of Documents to be uploaded
Aadhar Card / Passport/ Voter ID/ Driving License
Bank statement / Cheque / Passbook
Signature on blank white paper
Check entire list of documents required to open a demat account
Frequently Asked Questions
FOREX is a portmanteau of "foreign exchange." Trading in FOREX market is about buying one currency and simultaneous selling of another in the global marketplace.
Yes, investing in FOREX Market is legal in India.
Yes, in fact, FOREX is considered to be one of the most transparent market globally when compared with any other liquid market.
A cross-currency refers to a currency pair or transaction that does not involve the U.S. Dollar. And RBI does allow cross currency pairs to be traded in the derivatives market in India.
A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. For eg USD 1 = INR 72.55.
If you have an online trading account, you don’t need any additional permission to do currency trading. You can buy and sell currency pairs on the NSE or the BSE currency segment.