Trading in financial market including stocks, Forex, crypto’s, NFT’s and all other carries a high level of risk and may not be suitable for all investors. There could be possibility to lose all of your investment in trading both spot & futures trades. Past performance isn’t sufficient for future results, so request you to do your own research before trading or investing in any market and Step Traders (Akash Garg) or his team will not be responsible for your outcomes in any case. Please consult to professionals or financial degree holder, or legal before investing or taking risk in any market.
Risks associated with forex trading on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work for you as well as against you. Forex Trading isn’t Legal in India, and actions will be taken according to FEMA Act for dealing in such activities. So, we highly recommend to take advice from professionals/legal before taking any actions, as step traders won’t be responsible in any situation, because all of our content is just for education purposes only & we aren’t promoting anything.
And for more details, please refer to RBI policies, guidelines & FEMA act 1999. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose.
Before deciding to invest in foreign exchange or in any financial domain you should carefully consider your investment objectives and risk appetite