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ForexBrokersAZ.com Launches Forex Broker Comparison Service in India
ForexBrokersAZ.com, the comparison service for Forex brokers, is now available in India. For the first time, Indian traders can compare Forex trading accounts in one place.
ForexBrokersAZ.com only features Forex brokers open for business in India. These include international brokers such as eToro and HY Markets, as well as award winning regional brokers such as HotForex. ForexBrokersAZ.com adds new brokers to the service on an ongoing basis with a view to provide as comprehensive a service as possibe.
Daily Forex trading volumes have risen to $4 trillion globally, up 20% on 2007 levels according to the 2010 survey by the Bank for International Settlements. Over the same period, spot FX trading volumes by individual investors rose by 51% in India, from $2.7 to $4.1 billion. The emergence of online trading platforms and growing interest within the investing community are driving growth.
Matt Taylor, Director of ForexBrokersAZ.com says: “Forex trading in India has risen dramatically in recent years thanks, in part, to initiatives from the RIB. Our Forex trading search engine, interactive chats and brokers reviews all help connect traders with brokers in new and innovative ways. We’re excited to be part of this.”