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Shares bought under Margin Trading Facility (MTF) will have to be manually pledged by 10PM on the purchase date....

Currency Back

How To Trade In Currencies

General

Can I take physical delivery of Currencies?

No, all the currency positions will be cash settled.

What is Currency market timing?

Currency Market is open from 9:00 AM till 5:00 PM for trading

Can I trade Currencies from Mobile App?

Yes, you can trade currencies on Mobile App- ICICIdirect Markets App & ICICIdirect App. These apps are available on Google Play Store as well as App Store.

Which Currency pairs are available for trading?

At ICICIdirect, you can trade the contracts of USDINR, EURINR, GBPINR, JPYINR.

Can I use Shares as Margin for Currency trading?

Yes, now you can pledge your shares and allocate the created limits to the Currency Segment and start trading.

Can I hold my position till expiry?

Yes, you can hold your future and option positions in Currency-pairs till the expiry day.
Remember- The settlement will be done at 12:30 PM on the expiry day, considering the FBIL reference rate as the settlement price

What is the brokerage and other charges in Currency trading and where to check?

By default, the brokerage for Currency trades is Rs. 20/order.
However, If the customer wants advisory support, there are some other brokerage plans too.

When will my daily profit and loss (obligation) will be credited / debited?

Daily Profit/loss will be credited/debited to the account on the next trading day before the market hours.