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Lightning Fast Way to Start
Currency Trading

Lightning Fast Way to Start
Currency Trading

Open a forex trading account to trade USD-INR, USD-JPY, EUR-USD, & more.

Open a forex trading account to trade USD-INR,USD-JPY, EUR-USD, & more.



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lightning fast experience

Download the App & Start Currency Trading

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Trade & Invest in ETFs with Dhan Trade & Invest in ETFs with Dhan


Experience Online Currency Trading Like Never Before

Experience Online Currency Trading Like Never Before

Simple Onboarding
Simple Onboarding

Start trading currency in less than 10 minutes.

Feature Rich
Feature Rich

Live Option Chain, TradingView Charts, & plenty more!

Top Quality Support
Top Quality Support

Available 24x7 to solve your queries.

Instant Margin & Pledge
Instant Margin & Pledge

Pledge shares to get margin benefit for currency trading.





Why Trade in Currencies with Dhan?

ETF Investing Features
Awesome Currency Trading Features
Awesome Currency Trading Features
  • Advanced Option Chain for currency trading
  • TradingView charts and indicators for currency f&o
  • Instant margins for buying & selling currency derivatives
  • Dedicated dashboard for currency traders
  • Real-time news at your fingertips for currencies
Built for India's SuperTraders
  • Access to all tradeable currency derivatives in India
  • Margin & pledge benefit for trading currency derivatives
  • Option Chain & Advanced Option Chain for currency trading
  • Cross currency pair trading on EUR-USD, GBP-USD, & USD-JPY
  • 15 Minutes Built-up & real-time data for currency f&o
SuperInvestors
SuperInvestors
Built for India's SuperTraders
  • Access to all tradeable currency derivatives in India
  • Margin & pledge benefit for trading currency derivatives
  • Option Chain & Advanced Option Chain for currency trading
  • Cross currency pair trading on EUR-USD, GBP-USD, & USD-JPY
  • 15 Minutes Built-up & real-time data for currency f&o




Open Demat & Trading Account
in 5 Simple Steps

Open Demat & Trading Account in 5 Simple Steps





Dhan Pricing and Brokerage

Experience More at Industry Standard Prices





For Account Opening, AMC & Platform Fees
Zero charges for delivery trades
Open free account with zero maintenance charges or platform fees.
For Equity Delivery,
ETFs & IPO
Zero charges for delivery trades
Yes, absolutely free! No charges for delivery based trades.
For Equity Intraday &
All Segment Futures
₹20 or 0.03% for Equity and F&O intraday trades
₹20 or 0.03% of trade value per executed order, whichever is lower.
For All Segment
Options
₹20 or 0.03% for Currency and Commodities trades
₹20 of trade value per executed order for equity, commodity & currency options.






Dhan Pricing and Brokerage
Experience More
at Industry Standard Prices

For Account Opening, AMC & Platform Fees
Zero charges for delivery trades

Open free account with zero maintenance charges or platform fees.
For Equity Delivery,
ETFs & IPO

Zero charges for delivery trades

Yes, absolutely free! No charges for delivery based trades.
For Equity Intraday &
All Segment Futures

₹20 or 0.03% for Equity and F&O intraday trades

₹20 or 0.03% of trade value per executed order, whichever is lower.
For All Segment
Options

₹20 or 0.03% for Currency and Commodities trades

₹20 of trade value per executed order for equity, commodity & currency options.
View Pricing In Detail




Calculate Currency Trading Charges

Calculate Currency Trading Charges





Frequently Asked Questions



A currency trader can buy & sell positions, generally in pairs of currencies like USDINR, USDJPY, and more. This is generally done via a currency trading app with which you’ll have to open a forex trading account. After that, you can deposit the margin required by the broker to start trading currencies.

No, a Demat account is not required for trading currencies in India. The reason is simple. You won’t be taking delivery of any currency as most currency trades are settled in cash. Thus, you’ll only need a currency trading account to get started.

The RBI allows you to trade currencies in India through exchanges like BSE, NSE, MCX-SX. So yes, currency trading is legal but only through registered exchanges and stock brokers. You can buy & sell positions on currency pairs if you open a trading account online.

The currency market, also known as the forex market, allows you to trade positions on currency pairs like USDINR, EURINR, and more. Just like a Demat account is needed to trade stocks, you’ll need to open a trading account for forex trading.

A currency option like USD-INR has two components: put and call. A put option gives a trader the right to sell a currency pair at a specific price and time. On the other hand, a call option gives a trader the right to buy a currency pair at a specific price and time. Trading options of currency pairs like USD-INR, EUR-INR, and more require a currency trading account.

Yes, currency futures have been available in India since 2008 when the segment was introduced on NSE. Currency futures allow traders to hedge their strategy on a price movement of a currency pair. This is done through a futures contract that’s an obligation to buy the underlying asset at a predetermined price and date.

The Indian currency trading segment is active from 9.00 AM to 5.00 PM on weekdays. Cross currency futures (USDEUR, USDJPY, etc) can be traded from 9.00 AM to 7.30 PM. Know more about forex market hours right here.

BCD or BSE Currency Derivatives is the home of currency f&O (derivatives) on BSE. CDS or Currency Derivatives Segment is the home of currency f&o on NSE. Fun fact: NSE was the first stock exchange to get approval to offer currency derivatives in India back in 2008.

Yes, currency trading is offered by NSE and was launched in 2008. The currency pairs available for futures trading are USD-INR, EUR-INR, GBP-INR, and JPY-INR. There are cross currency futures also available for three forex pairs: EUR-USD, GBP-USD, and USD-JPY.

Here are the four types of currency pairs that are available for futures and options trade in India:

  • USD-INR
  • EUR-INR
  • GBP-INR
  • JPY-INR
That’s not all. Cross currency trade is also available for:
  • EUR-USD
  • GBP-USD
  • USD-JPY



Currencies
Currencies

Currency Trading Just Got Smarter

Get powerful yet easy-to-understand features with Dhan.

Get powerful yet easy-to-understand features with Dhan.