Forex Trading Secrets Nobody Tells You
45sPromises exclusive, controversial truths about Forex trading that others hide, sparking curiosity and engagement.
▶ Play ClipThis video provides a comprehensive guide to Forex trading for beginners, focusing on legality in India. It explains the basics of Forex trading, including currency pairs, pips, and leverage, and distinguishes between legal and illegal trading practices. The presenter recommends trading gold and silver via crypto futures on Delta Exchange as a legal alternative.
The video aims to teach Forex trading legally in India, highlighting that it is neither completely legal nor illegal.
Forex trading involves exchanging one currency for another, profiting from fluctuations in exchange rates. Example: buying dollars when the rupee is weak and selling when the rupee strengthens.
The Forex market is the largest financial market, worth trillions of dollars, with high liquidity, global access, and high leverage (up to 1000x).
Forex trading involves pairs: base currency (fixed value) and quote currency (variable). Example: USD/INR where USD is base and INR is quote.
Price changes are measured in pips (percentage in points). Small changes require large quantities to profit, leading to high leverage.
Trading pairs involving INR (e.g., USD/INR) is legal. Trading cross-currency pairs (e.g., EUR/USD) is illegal. Only RBI-authorized entities can offer Forex trading.
Using unauthorized platforms can lead to bank account freezing, penalties, ED notices, and tax issues (30% on crypto withdrawals).
Trading gold and silver via crypto futures on Delta Exchange offers high leverage, 24/7 trading, and tax benefits (taxed as per income bracket, not 30%).
The presenter demonstrates trading silver futures on Delta Exchange, showing leverage up to 100x, low fees (0.01%), and easy execution.
Forex trading can be done legally in India by trading INR pairs or using crypto futures for gold and silver. Delta Exchange is recommended for its leverage, low fees, and tax advantages.
"Title promises legal Forex trading for beginners; video delivers on legality and basics, but heavily promotes a specific platform."
What is the full form of Forex?
Foreign Exchange
00:54
What is a pip in Forex trading?
Percentage in point, the smallest price change in a currency pair.
08:19
Which currency pairs are legal to trade in India?
Pairs involving Indian Rupee (INR) such as USD/INR, EUR/INR, GBP/INR, JPY/INR.
10:46
What is the standard lot size in Forex?
100,000 units of the base currency.
10:21
What is the tax rate on crypto withdrawals in India?
30%
14:04
What is the leverage offered on Delta Exchange for gold?
Up to 100 times.
19:46
What is the fee on Delta Exchange?
0.01%
19:06
Forex Market Size
Highlights the massive scale of the Forex market compared to other exchanges.
02:32High Leverage Trap
Warns that high leverage is both an advantage and a major risk.
04:22Legal vs Illegal Trading
Clearly defines what is legal in India, crucial for avoiding legal issues.
10:46Crypto Futures as Alternative
Proposes a legal workaround using crypto futures for gold and silver trading.
16:17[00:01] in today's video I am going to tell you those things which no one will tell you because they have an advantage in it. [laughter] I'm going to talk about your benefits speak against forex trading. I will teach you Forex trading
[00:13] and also tell you how to do it legally in India. Because let me trading is not completely legal in India. It is not completely illegal either. So what is legal and what is illegal? We will understand this. What are the benefits of Forex trading?
[00:27] clear to you in this video and you have taken a very good decision to watch this video because if you had watched any other video then you would have been misguided. I will guide you in the right direction. So let's start this video.
[00:41] I am going to tell you will be legal in India. I will not tell you anything that is illegal in India and may cause problems for you. So let us first understand what is Forex trading? So the
[00:54] full form of Forex trading is Foreign Exchange [music] Trading. That is, when you give one currency and take another currency, we call it foreign exchange. And when we trade in this again and again, it becomes foreign exchange trading. For example,
[01:07] suppose the value of Indian Rupee in comparison to the dollar today is in comparison to the dollar today is ₹95. That means $1 is equal to ₹95. So if you want to get $1000 then you will have to pay ₹95,000 only then you will get $1000.
[01:23] But let us assume that after some time the dollar becomes stronger and the value of $1 becomes $96. So in such a situation, when you give the $1000 that you had received and go back to get
[01:38] Indian Rupee, then now since the value of $1 has become ₹96, you will get ₹96,000. That means you had given ₹95,000 and you got ₹96,000, so you have made a
[01:50] profit of ₹1,000 without doing anything. But suppose due to any reason the US dollar becomes weak and its value comes down to 94. So now earlier you had given ₹95,000, now you will get only ₹94,000. That means you will suffer a loss of ₹1,00,000. So, this is
[02:04] Forex trading. I will tell you how to do it later. Let me tell you that this Forex market operates globally 24*5. Meaning it runs 24 hours from Monday to Friday. So after Friday, the Forex market remains closed on Saturday and Sunday. Then it reopens again from Monday.
[02:18] So this much has become clear to you. So now let us understand why the world is running so much behind Forex trading? Why is everyone talking about Forex trading? Hey, there is Then why are people so crazy about Forex trading? So the
[02:32] biggest reason behind this is that the world's Forex market is worth approximately $ trillion. Whereas if we talk about London Stock Exchange, it is worth $ billion. We're
[02:44] talking trillions here. Whereas the Tokyo stock exchange is worth $35 billion and the US stock exchange is worth $824 billion, i.e. less than one trillion dollars. But the Forex market alone is worth 10 trillion.
[03:00] This is because see, the US market is their market. The Tokyo market is their market. London market is their market. But Forex belongs to the entire world. Because of this it is the biggest market and everyone
[03:14] needs foreign exchange. Meaning, don't look at it only from a trading perspective. If you do any business which is international, then you will get dollars there which you will convert into rupees and if you ever have to make a payment, then you will
[03:29] first convert the rupees into dollars and only then you will make the payment. That means you need foreign exchange here too. That means Forex trading is not just a way to trade. This is a necessity without which people globally
[03:41] cannot trade with each other. One country cannot trade with another country. your account to trade in crypto futures then you It is FIO registered in India. And if you open your account using our link,
[03:55] you get a subscription of ₹2000 of Adheera AI from us add you to our Telegram channel. But after opening the account for that, a Google form is given below. Please do fill it. So now let us understand
[04:08] what are the benefits of Forex trading? The first advantage is that since this market has the highest liquidity. Secondly, trade is happening all over the world, so there is global access. Thirdly, the leverage that is available here is
[04:22] very high. That means we have written 50 times here. But let me tell you that there are many platforms which give you leverage up to a thousand times in Forex trading. And this is the biggest reason why people are going
[04:36] crazy about Forex trading. Because by investing ₹1 you can take a trade of ₹2000. By Because by investing ₹1 you can take a trade of ₹2000. By investing ₹10 you can take a trade of ₹00 investing ₹10 you can take a trade of ₹00 and by investing ₹100 you can take a trade of ₹lakh.
[04:48] So this is the reason why people run after Forex trading. But I would say that brother, this is also the biggest trap that you fall into in Forex trading. Why? You will understand this later. Rest you know that the market runs 24*5.
[05:03] So the Indian stock market closed at 3:30. But , it is running at 1:00 in the night, it is running even at 2:00 in the night. So that's why it becomes a very good option, an easy option. The reason why people
[05:16] go after Forex trading. Now as I told you in the beginning that Forex trading is not completely legal in India. It is is illegal, we will understand this later. First let us understand the basic things related to Forex trading.
[05:30] Which is important for you to understand. Meaning, in a way, you should at least know this much basic knowledge. So the first basic concept is forex pairs. Look, whenever you trade in Forex, you cannot just buy US Dollars and sell US Dollars.
[05:43] You will have to trade two currencies which we call pairs. Like you will take dollars by paying rupees, you will take rupees by paying dollars. So what is this? These are two currencies. So any trade that takes place will always be in two currencies. That's why it is called pairs.
[05:58] As you can see here, there can be a pair of US Dollar and Indian Rupees. The US Dollar could be a Euro pair. The Euro to US Dollar pair could be: So this is called forex pair or currency pair. Now one currency in this is the
[06:13] base currency. And the second currency is code currency. [Music] Now what is the base currency? What is court currency? Let us understand this also. So the base currency is the one whose value does not change. Court currency is one whose value changes. For
[06:25] example, if I say that brother, in comparison to the dollar, Indian Rupees is sometimes available for 995, sometimes for 96 and at one time it was available for 85 and as far as I remember, at that time $1 was available for ₹560. But today it has
[06:39] reached 95. So in this entire story that I told, I showed that the value of Indian Rupees is changing but the dollar is constant. That's only $1. So here the dollar becomes the base currency and the Indian Rupees becomes the
[06:53] code currency. Now let me show you an example. Look, I just searched for US Dollar to IAR. You can see that ? is US Dollar. What is quote currency ? It is Indian Rupees. But on the contrary,
[07:08] if I look at IAR to USD, here the value of ₹1 in US Dollar is 0.010 US Dollar. [Music] So the base currency here will be Indian Rupees and my US Dollars because now
[07:22] I'm looking at Indian Rupees in US Dollars. So what will happen to that? That will become my code currency. That is, any currency can be a base currency or a code currency. [Music] So now here we have some examples for you. Like the first one is US
[07:34] Dollar and IAR. then what is it? Here US Dollar is the base currency and IAR is the code currency. The US dollar is the base currency at this place. Euro is a code currency. Similarly, here Euro is the base currency and US Dollar is the code
[07:50] currency. So the first basic thing you should have known is what you have learned. Second thing, whenever you trade in Forex, look at ₹1, have you ever heard that brother, yesterday it was at ₹85, today it has reached ₹100, ₹115 , ₹120. There are very
[08:05] small price changes here. For example, if the Indian Rupee is For example, if the Indian Rupee is its price may become 85.5560. So what can we say at this place that the
[08:19] change that has come here is a very small change. Even if you look at the percentage, there will be a very small change. But [music] the way we check it here is called pip, or percentage in points. Meaning here you can see it was
[08:33] 8555 and here it became 5560. That means here we can say that the price has increased by five pips. So here if you are trading then you will not think that brother, I will sell when the price increases by ₹1. I will sell it when it increases by ₹10.
[08:45] Here you have to look at the pips. So let me show you in the chart also. You can see when I took this old screenshot of ours. So when we bought it, the price here was 85.75. Before that the price was 85.80.
[08:59] So here we can say the change was 25 pips. So in this way you can see how much change is taking place. Now because we know that the change is because we know that the change is very small. So you won't be able to do anything by buying $1 or $1.
[09:12] You have to buy more quantity and this is the reason why we get more leverage in Forex trading because even if you buy $1000 then how much is it? You have spent ₹95,000 as of today and you will not get even ₹1 change.
[09:26] That is very rare and in very extreme condition, you will get change of ₹1. The change here will condition, you will get change of ₹1. The change here will probably be 5 paise or 10 paise. So in such a situation you will not be able to earn anything special. So that's why the exchanges offer
[09:39] leverage and they offer very high leverage. Because when you buy with high leverage, even though you have invested less money, more money gets invested in the market, in which if there is even a slight change, you may incur huge profit
[09:51] or loss here and you should take a big trade, hence what happens here is that lot size is also decided here. Meaning, if you want to take $1 and say I will take $1, then want to trade in Forex, especially currency, then here
[10:06] you will have to trade in a few lots only. For example, the smallest lot is of 100. That means if you buy 100 quantity then we call it nano lot. If you buy 1000 quantity then we call it micro lot. If you buy 10,000 quantity then
[10:21] we call it mini lot. And if you buy 1 lakh quantity then it is called standard lot. That means the standard lot here is of $1 lakh quantity. So, you can imagine that $1 lakh simply translates to ₹95
[10:34] lakh as of today. [MUSIC] So not everyone can invest that much in trading. Therefore, higher leverage is offered in the Forex market. So these were some basic things which were important for you to understand. Now let's talk about whether this Forex trading is
[10:46] legal and whether it is illegal in India. First let's talk about legal matters. So if you are trading in currency pairs in which one of the currencies is Indian Rupees, then it is legal. For example, if you trade US Dollar in Indian Rupees, it will be legal.
[10:59] [Music] Trading Euros in Indian Rupees will be legal. If you trade in GBP and Indian Rupees then it will also be legal. And if you trade in Japanese Yuan and Indian Rupees then it will also be legal. Apart from this, if you
[11:11] trade in futures and options of currency pairs then that is also legal. But if you are trading in cross currency, say you are trading in Euro and US Dollar, then it is illegal. If you are trading in Japanese Zambian Kwacha and US Dollar then
[11:24] this is also illegal. Apart from this, the biggest problem that arises while trading in India is that very rarely is there any exchange through which you can trade legally in India. This means that most of the exchanges whose names you have heard are
[11:38] not legally authorized to trade in India. Meaning, whatever names of exchanges you hear, you must know that I will not take the name of any brand. Many creators who
[11:51] promote brands related to Forex trading are can also see a ban list of RBI in which you will see many names. When we
[12:03] released this list, there were around 63 names. As of today, there are probably around 70-80 names. If you search for RBI Forex Trading Apps Ban List yourself, you will see the names of all those apps which are not authorized to trade in India.
[12:17] clearly that none of the brands whose names you have heard are authorized. And if someone's name is not in the list then it does not mean that he is authorized. This means that even if RBI has not updated it here, it will
[12:30] not be authorized in India. Now the question arises that when is authorized for Forex trading in India, then how will we do Forex trading legally while staying in India? Before this, let me tell you what problems can arise if you do
[12:45] Forex trading through illegal platforms which are not authorized in India if you want to do Forex trading while living in India, then you can do it only through any RBI authorized entity. But if you do it through any such entity,
[12:58] then the first problem that arises in this case is that your bank account gets frozen. That means the most common problem you will see in this is that bank accounts get frozen. After that you open a bank account and show it. Yes. Your condition will worsen.
[13:11] You will not be able to open your bank account. Secondly, if you are doing all these things repeatedly, then you may be charged a monetary penalty. You may also receive a notice from ED and you may face many problems. Apart from this, let me
[13:24] tell you one more thing, whatever exchanges are operating from outside India, if thinking what will happen. So let me tell you because they are not authorized in India, so they cannot easily take payment from you and
[13:39] cannot easily give you withdrawal. So when you are adding money, sometimes there are chances of your money getting stuck. Then you will have to contact them and this is also a hassle. And after this, the second biggest problem is that when
[13:52] you get withdrawal, the withdrawal that you get here is in USDT. And what is that USDT? That is a crypto currency and this crypto
[14:04] This is just a crypto currency. So 30% tax is levied on this. You will have to pay 30% tax on whatever comes to you. So this is one of the biggest problems due to which you should
[14:17] If you are outside India then there is no problem. Now you might be wondering that when there are so many problems in Forex trading then ? So there is a reason behind this and that reason is that generally when you see that people are
[14:31] talking about Forex trading, then they do not trade that much in currency there. They trade generally in gold and silver. Now do you know what is the benefit of trading in these how much the price of gold can go up or down. It is not known how much the price of silver
[14:45] can go up or down, so whatever trading strategies are there here, they work very well and if a trader's strategy works well then what can be more important than this ? Secondly, I told you that you get
[14:58] good amount of leverage. Leverage means that you can take a bigger trade by investing less money. This is the reason why everyone is crazy about Forex trading. So now let us understand how to do it legally in India. First, let me tell you a basic option
[15:10] which you should know. This one doesn't have to be done that much. I also know that you should not do it, still I will tell you. So the first option is that you will have your own demat account. You can also do Forex trading through your Demat account.
[15:22] Like here I searched by typing US Dollar. So you can see that here US Dollar, Indian US Dollar, Indian US Dollar, Japanese Yuan is also coming. Whereas I had said that this is illegal. Now if something is illegal then it cannot happen in a demat account.
[15:35] because whatever you are seeing, be it US Dollar or Indian Rupees or paired with Japanese Yen or paired with any other currency, it is visible because this is a futures contract, here you are
[15:50] not directly buying US Dollar or INR. You are buying its futures contract and here you do not get any special leverage. Here the market runs at the same fixed timing. So that's why I said that I know
[16:02] you won't be particularly interested in this. So now I will tell you about the second and the most popular and best option at present, due to which I am making this video, which is the best option in which
[16:17] but the problems that were there are not available. But before understanding this option, let me again make one thing clear to you that most of the people who do Forex trading do not trade in currencies. He trades in gold or silver. So
[16:29] if you also go for Forex trading then you have to trade only in Gold and Silver. So instead of trading directly in gold and silver, if you trade in crypto futures contracts, then this will turn out to be the best option.
[16:41] Because if you trade directly in crypto, then even there I would say that this is not a good option because 30% tax is levied. That too, if there is a loss over and above the profit, then it will not be set off against your profit. Then why would we go into that trouble
[16:53] ? But if you trade in its futures contract, then So when you trade in futures contracts, the 30% tax is not applicable. You have to pay tax according to your income tax
[17:08] bracket. So there is no problem with tax. Secondly, the leverage you get here is very high. If you trade in crypto, you get 200 times the return. But
[17:20] you are getting a good leverage of 50 times here. And on the third platform that I will tell you about, the And on the third platform that I will tell you about, the also very low. One, I forgot to tell you the reason.
[17:32] because the fees are not that high. [Music] But even on the platforms I'm going to share here, there wo [Music] But even on the platforms I'm going to share here, there wo Now let's get the confusion out of the way and get straight to it. I am talking about Delta Exchange.
[17:45] If you trade gold or silver on the Delta Exchange, it is exactly like trading forex. But avoiding its problems is to trade in Gold and Silver you can see here that you can see X AY USD.
[18:00] X-Aye is the only gold here. It just has a T next to it because it's a token. That means it is not directly gold. This is a futures contract that is being traded in crypto. So we call it ex UT USD.
[18:14] But here we are getting the benefit of leverage that we wanted. Secondly, the benefit we wanted here was that the market should function properly. If the strategies work well, they will work here too. Apart from this, if you
[18:27] want to trade in gold only then there is also a PACKG token. That token is also exactly like gold. Here you can see that the price of gold is around $4000 and the price of PAXG is also almost around $4000. That
[18:39] means the price here moves exactly like gold. Apart from this you can see it here. You can also see a contract for xG i.e. Silver here. So if you wanted to trade in silver, then
[18:51] that option is also available here. Apart from this, many other real world assets can be seen here and even if you lot of leverage available there and it also runs 24*7. This means you can take trades whenever you want.
[19:06] Apart from this, you can see here that the fee is only 0.01%, which if we compare it with Forex, is almost the same. Now if I want to take a trade in this then I click here. As soon as I click here,
[19:19] you can see that the chart of silver has opened in front of me. Suppose I want to trade in gold, then here I have the chart of PAXG Gold opening. Also I have x AU USD here. That
[19:32] silver, you can do it by staying here. And at this place, if you you get leverage of up to 100 times. And if you trade in silver, it is
[19:46] currently up to 50 times. But later on, you will get to see leverage up to 100 times in this also. So suppose I want to take a trade in silver here, then now I do not have any tension regarding lot weight. I see that I am getting 50 times
[19:59] leverage. So now suppose I feel that the price of silver here may fall. So I can make profit even if the price falls. For that we have to go to short here.
[20:13] For example, if I want to short so many lots , then I click on Short , you can see that my trade has been executed here. I also have a liquidation price on this place. You can see that as soon as I took the trade,
[20:26] I am seeing a little loss here. I can also set my SL like this here. I can also set my SL like this here. means you can completely take your trade here in this manner. You
[20:39] can see that my loss has started reducing a bit. Right now I am losing around $16 on this trade. Now you can see that my loss in this has come down to around $6 and here we have taken very high leverage. Basically, I was
[20:52] taking the trade here to show you this example that just like you can trade there, similarly you can trade here also. You can see everything here, charts etc. Even you can see that as
[21:04] I am showing you the price of silver which is traded in Forex. Almost the prices here work exactly the same. You can see it is 55.98 and if you look at the chart, you will see a similar chart here also. Now I have started making some profit in this trade.
[21:17] also. Now I have started making some profit in this trade. So right now I have taken this trade. I started making profits around $3 in front of you. Alldo, I had seen the trend here. There
[21:29] took a short trade. But I have taken too much lovage. So So what do I do now? I exit this trade here. So you can see my trade has been exited here. So,
[21:43] if you want to trade Forex legally, then the best option you have is to trade on the Delta Exchange. And the biggest thing is that if you trade in crypto futures then there will be no tax problem here. You will get leverage.
[21:55] You will be able to trade 24*7. That you can trade in gold, you , you can trade in ethereum. And if you open your account in Delta Exchange through our link, then you will definitely
[22:09] get a subscription of ₹2000 of Ara AI from us. Apart from this, we also add you to our Telegram channel. Where you keep getting all the updates of the market. That is a private Telegram channel. We
[22:23] is given below. After opening the account, please fill that Google form. If you liked the video then please like the video and subscribe to the channel. If you want to learn trading from very basic to advanced then here you can see a playlist. You can check out this playlist.
[22:37] And if you want to learn advanced level things then you can see this course of 10 videos which is free. You can see this. Thank you.
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