Yes, Angel One offers currency (forex) trading via its platform—letting you trade currency futures and options for key INR pairs like USD/INR, EUR/INR, GBP/INR, and JPY/INR. This feature is available only through SEBI‑regulated Indian exchanges, not offshore forex trading. 💱

Which Currency Pairs Can You Trade on Angel One?

You can trade these four INR-based currency pairs on NSE and BSE via Angel One:
• USD/INR
• EUR/INR
• GBP/INR
• JPY/INR :contentReference[oaicite:0]{index=0}

How to Start Currency Trading on Angel One?

First enable currency trading in your registered trading account. Then, search the currency futures in the app or web, enter the lot size and price, and place your order. Trades are executed during market hours. :contentReference[oaicite:1]{index=1}

What Are the Trading Timings?

Currency futures trade on Indian exchanges from **9 AM to 5 PM** during weekdays. This is not a 24/7 market like offshore forex, but part of regulated exchanges. :contentReference[oaicite:2]{index=2}

What Are the Costs of Currency Trading?

Angel One charges ₹20 per currency futures/options order (or 0.25% of order value, whichever is lower). You also pay small exchange fees, SEBI charges, stamp duty and 18% GST. There is no STT. :contentReference[oaicite:3]{index=3}

Is Forex Trading Globally Available?

No. Angel One only offers regulated currency trading on Indian exchanges. International (offshore) forex trading like 24/7 spot pairs is not allowed. Only INR pairs are permitted within SEBI/RBI rules. :contentReference[oaicite:4]{index=4}

Who Should Trade Currency with Angel One?

Currency trading best suits experienced traders, importers, exporters, or those hedging forex risk. It offers good liquidity, leverage, and volatility but also involves high risk and requires risk management. :contentReference[oaicite:5]{index=5}

What About Offshore Forex Trading? Is That Legal?

No, trading offshore forex (like direct USD/EUR 24/7 accounts) is not allowed for Indian residents under FEMA & SEBI regulations. Only trading INR‑based pairs on NSE/BSE is legal. :contentReference[oaicite:6]{index=6}