Indians and foreign currency exchange
Indians are leading in all the sectors all over the world. They are now showing their real worth and potential. Indians are increasingly rising to the top of global corporate ladders and just ten of them are together managing business worth over $ 400 billion — an amount nearly double the total exports from India in a year.
The multi-national giants like Citigroup, Deutsche Bank, PepsiCo, Unilever, Adobe, Master Card and Motorola having Indian-origin persons in their top leadership positions, while there are many more dozens at the helm of affairs at mid-level and smaller companies.
Experts believe that Indians’ inherent focus on good education and their ability to work in difficult situations is aiding to the trend and more and more Indians could rise to top positions at global companies in near future. According to global HR major Hay Group, the technical skills and the behavioural patterns of Indians make them adaptable to any kind of situation they come across. Anshu Jain, Vikram Pandit joined by the likes of Indra Nooyi, Lakshmi Mittal, Ajay Banga, Sanjay Jha, Shantanu Narayen, Rakesh Kapoor, Harish Manwani and Ajit Jain are among those holding top leadership positions at global MNCs.
Experts say that the need for tapping high-growth markets like India could have played a key role in the rise to the top for many of these people. Indians have the ability to adapt to any situation they are faced with. They are also used to doing more with less resources. These factors make Indians successful. The rise of Indians to high levels in global corporations is no more limited to the US, but is also happening in Europe and other places where English is not the main language.
When Indians are so successful in all the sectors, then why Forex Trading has been left untouched? Some of the Indians are involved in the International Currency Trading; however, very few get expertise in it as many Indians have not explored it at large global scale. It’ll be proved very fruitful for them. They can make/draw the enormous profits out of the forex trading.
To make Indians, all round the world, active in Foreign Currency Trading, we are taking an initiative to update them about forex trading and encourage them to participate in the same so as to make India and other Indians proud that we can lead in the forex market also.
Forex trading is a lucrative opportunity for NRIs due to following uniqueness:
Huge trading volume
Average daily turnover : $4 trillion
High liquidity
Geographical dispersion round the globe
Continuous operation: 24 X 5
Use of leverage to enhance profit and loss margins
Investors can respond to currency fluctuations caused by economic, political And social events at the time they occur, without having to wait for respective exchange to open
To get excel in this sector, one needs to get the market updates, ability to perform fundamental and technical analysis and trade accordingly. And to learn these abilities, assistance from a proficient Forex Broker is required to help Indians to draw enormous profits through forex trading.
Criteria for selection of a forex broker:
Provide you proper training in forex trading
Make you understand market and technical analysis
Provide you daily market updates and trading signals
Charge minimally for its services
Ensure good profits from positive trading
Provide the quality services whenever required
Should be transparent
Global dispersion
To provide NRIs more help and support, one forex broker is suggested that is NordFX which can provide you the above stated facilities through its online technical support, demo trading, and back-end support services throughout the trading hours around the globe. NordFx also provides Bonus on each Real A/c.