• SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Currency

Overview

Currently in India, there are 3 major exchanges offering Currency future trading – NSE, BSE & MSEI . SMC Global Securities is a Trading cum Clearing Member of all these exchanges for the currency segment. We believe in the tremendous potential of currency future to become a dominant force of the Indian financial market with a turnover which can outperform even equity and commodity segment. We firmly believe that wider market participation will bring more strength to the market & this can be achieved through disseminating education & information among various market participants. For us, currency is not just any other segment of business; it is "the business of future".

SMC Comex International DMCC (part of SMC Group) is one of the clearing and broking members of Dubai Gold and Commodities Exchange (DGCX). It offers trading in various contract such as Forex (INR, EURO, GBP, AUD, CAD, CHF, CNH, JPY, Russian Ruble, Korean Won, South African Rand), Metals (Gold, Silver, Copper), Oil (WTI & Brent), Indian Rupee Options, Indian Equities (Sensex Future, Axis, SBI, ICICI, HDFC, L&T, Reliance Industries, TCS, Infosys, Maruti, Tata Motors) , US Equities (Apple, Facebook, Google, Microsoft, JP Morgan). For more information, visit www.smccomex.com

Our Offerings

TRADING:

CALL N TRADE:

Enjoy trading by simply calling the dealing desk at branch / sub-broker with whom your account is opened.


ONLINE TRADING (Desktop, Laptop, Tablet & Smart Phone)

  • Browser Based: You can trade at your fingertips by login into your account in the online equity section on the website Click here. The password for online trading is being sent to you in a separate pin-mailer.
  • Application Based: Diet/Privilege users, need to download & install the application in their Desktop PC, smart phone or tablet devise.

Our Edge

  • A wide network of offices giving us pan India presence
  • Dedicated Relationship Managers
  • Real-time risk monitoring of financial markets
  • Experienced Research Analysts

Currency Get Quotes

Go

FAQs

What are the pairs in currencies?
Foreign exchange or Forex is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs. For example: the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY). The Foreign Exchange Market (Forex) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unlike other financial markets, the Forex spot market has neither a physical location nor a central exchange. It operates through an electronic network of banks, corporations, and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers. This fact - that there is no centralized exchange - is important to keep in mind as it permeates all aspects of the Forex experience.
What are the market timings?
9-5pm
What are the lot sizes?
USD-INR - 1000 Dollars, EUR-INR - 1000 Euros, GBP-INR 1000 GBP, JPY-INR - 1,00,000 JPY
When is the contract expiry in currencies?
2 working days prior to the last business day of the month
Can I take delivery in currencies?
No
Do I need to open demat account for currencies?
No

Contact us

For New Account Opening:

  • contact@smcindiaonline.com
  • 1800-11-0909

For any Information, Grievances or Queries: