At the beginning of the new year 2020, we’re happy to announce that we are among the few brokers in India to introduce Cross Currency trading on our platforms. Until recently when NSE launched this segment, trading in cross-currency pairs/international forex pairs was not possible within the regulatory framework. Hence, traders who wanted to take an exposure in popular pairs such as EUR-USD or USD-JPY had to open an account with some obscure forex brokers that are not regulated in India. These CFD platforms that offered such trading facilities are illegal in India and are known for their rampant malpractices. They are known to have direct conflict of interest with their clients which is not the best place to be if you are risking your money. I strongly recommend you to avoid trading forex on CFD platforms that are not regulated by SEBI.