The forex market is the world’s largest and most liquid, with daily trading volumes exceeding $6 trillion. For traders in India, forex trading in India through CFDs on global currencies offers the chance to capitalize on price movements 24 hours a day, five days a week, making currency trading one of the most accessible and flexible markets.
With TMGM, you benefit from:
Ultra-tight spreads and fast execution.
Leverage of up to 1:1000 for maximum flexibility.
Access to powerful trading platforms like MetaTrader 4 and MetaTrader 5
Ultra-tight spreads and fast execution.
Leverage of up to 1:1000 for maximum flexibility.
Access to powerful trading platforms like MetaTrader 4 and MetaTrader 5
EURUSD
Bid
0
Ask
0
Spread
0
Leverage
Up to 1:1000
Buy
Sell
USDJPY
Bid
0
Ask
0
Spread
0
Leverage
Up to 1:1000
Buy
Sell
GBPUSD
Bid
0
Ask
0
Spread
0
Leverage
Up to 1:1000
Buy
Sell
AUDUSD
Bid
0
Ask
0
Spread
0
Leverage
Up to 1:1000
Buy
Sell
USDCAD
Bid
0
Ask
0
Spread
0
Leverage
Up to 1:1000
Buy
Sell
How Forex Trading Works with TMGM
Forex trading involves exchanging one currency for another, giving traders in India the opportunity to speculate on price movements in the global forex market. Unlike traditional investing, you don’t actually own the underlying currencies; instead, you profit from the changes in their value through CFD trading. This makes currency trading highly flexible and accessible.
One of the main advantages of forex trading in India is the low entry requirement. Traders can begin with micro-lots of just 1,000 units and gradually scale up as their confidence and strategies develop. In addition, forex trading provides access to leverage, allowing you to control a larger position with a smaller initial deposit, creating more opportunities in the market.
At TMGM, leverage on forex trading can reach up to 1:1000, meaning a deposit of $1,000 can control a position worth up to $1,000,000. While such high leverage can significantly increase your profit potential, it also carries a higher risk. That’s why responsible risk management is key for traders in India who want to succeed in the forex market through CFD trading.
Forex Trading Example
How Profit is Calculated:
Opening Price
€150,000 x 1.40000 = USD $210,000
Closing Price
€150,000 x 1.38500 = USD $207,750
Gross Profit on Trade
$2,250
Opening the Position
You decide to short (sell) 1.5 standard lots of EUR/USD at an opening price of 1.40000, This gives you a trade size of €150,000. With TMGM's 1:1000 leverage, your required margin is only €150, instead of the full amount, which makes forex trading in India more accessible. In simple terms, a small deposit allows you to control a much larger position. In this example, the total value of your trade is $210,000, showing how currency trading through CFD trading gives Indian traders greater market exposure with less capital. .
Closing the Position
One week later, EUR/USD declined to 1.38500. You close your trade at this lower price, securing a gross profit of $2,250 from the price movement.
Why Trade Forex with TMGM?
50+ FX Pairs at Your Fingertips
Trade major, minor, and exotic currency pairs easily across TMGM's powerful MT4 and MT5 platforms.
Unbeatable Spreads from 0.0 Pips
Our proprietary TMGM Aggregation Engine ensures consistently competitive spreads, saving you more on each trade.
10+ Tier 1 Liquidity Providers
Enjoy deep liquidity and best-in-class execution with access to a pool of top-tier liquidity providers for faster, more efficient trading
Lightning-Fast NY4 Servers
Experience near-instant execution through our strategically located NY4 servers, designed to reduce latency for high-speed trading
Up to 1:1000 Leverage
Maximize your trading potential with flexible leverage options up to 1:1000, giving you control over larger positions with minimal capital.
All Strategies Welcome
Whether you're a scalper, day trader, or EA trader, TMGM offers a trading environment optimized for any strategy, ensuring flexibility and opportunity
No Requotes – Ever
With our deep liquidity pools and cutting-edge execution speeds, TMGM guarantees zero requotes, so you never miss an opportunity.
Trusted & Regulated
TMGM operates under the highest regulation standards with licenses from ASIC, VFSC, FSA and FSC, ensuring your funds are secure.
Transparent Spreads
Trade with Confidence
At TMGM, we pride ourselves on offering tight and transparent spreads, helping you trade major currency pairs at the most competitive rate.
Major Currency Pairs
Our spreads on the world's most popular and liquid currency pairs ensure optimal trading conditions. All pairs are traded against the US Dollar, and our spreads are some of the tightest in the market.
Bid
Ask
EURUSD
1.07479
1.07479
USDJPY
155.491
155.491
GBPUSD
1.24809
1.24809
AUDUSD
1.37552
1.37552
USDCAD
0.90856
0.90856
USDCHF
0.90856
0.90856
EURUSD
Bid
1.07479
Ask
1.07479
USDJPY
Bid
155.491
Ask
155.491
GBPUSD
Bid
1.24809
Ask
1.24809
AUDUSD
Bid
1.37552
Ask
1.37552
USDCAD
Bid
0.90856
Ask
0.90856
USDCHF
Bid
0.90856
Ask
0.90856
Explore more about Forex with TMGM
Forex FAQs – Your Questions Answered
What is Forex?
+
Forex, or foreign exchange trading, is the process of exchanging one currency for another on a decentralized global market. For traders in India, the forex market offers access to one of the world’s largest and most liquid financial arenas, where you can buy and sell currencies based on exchange rate fluctuations through CFD trading.
How do I trade forex in India?
+
Forex trading in India allows you to speculate on whether one currency will rise or fall against another. For example, if you believe the Euro will strengthen against the US Dollar, you could trade the EUR/USD pair. Through TMGM’s online platform, Indian traders can access global currency trading with leverage and competitive spreads.
What Are Some Forex Trading Examples?
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To better understand how forex trading works, you can explore practical examples of buying and selling different currency pairs. These scenarios show how traders in India can invest in the forex market by taking positions on price movements, either long (buying) or short (selling), through CFD trading.
What is margin in forex trading?
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Margin is the small deposit required to open a leveraged trade. For Indian traders, this means you don’t need to put up the full value of the position to access the forex market. Instead, margin allows you to control larger trades with a smaller deposit, which increases both your potential profits and risks.
Why should I trade forex with TMGM in India?
+
TMGM provides Indian traders with tight spreads, leverage up to 1:1000, and access to more than 50 currency pairs, including major, minor, and exotic pairs. With ultra-fast execution on NY4 servers and liquidity from top-tier providers, TMGM ensures smooth trading conditions. As a trusted global broker regulated by leading financial authorities, TMGM offers Indian traders a secure and reliable forex trading environment.