The currency market trades around the clock, five days a week. Learn how it really works — pips, lots, leverage and sessions — and build a risk-first trading plan before you put real money on the line.
Times shown in your local time zone. The busiest hours are when London and New York overlap.
Forex (foreign exchange, or FX) is the global market where currencies are exchanged. Every trade is a pair: when you buy EUR/USD you buy euros and sell US dollars at the same time. If the euro gains against the dollar, the trade makes money; if it falls, it loses.
There is no central exchange. Banks, companies, funds and retail traders trade through a network of dealers, which is why the market runs 24 hours a day from Sydney to New York. Prices move on interest rates, inflation, jobs data, central-bank speeches and global risk sentiment.
The smallest standard price step — 0.0001 for most pairs and 0.01 for yen pairs. On one standard lot of EUR/USD a pip is worth $10.
Open calculatorTrade size. A standard lot is 100,000 units, a mini lot 10,000 and a micro lot 1,000. Beginners should start with micro lots.
Open calculatorLeverage lets a small deposit (margin) control a large position. 1:30 means $1,000 controls $30,000 — and a 3.3% move against you wipes out that margin.
Open calculatorProfessionals risk 0.5–2% of their account on one trade and decide the stop-loss before the entry. Position size comes from the stop, not from hope.
Open calculatorLearn how the currency market works — currency pairs, pips, lots, leverage, chart reading and risk management — with a clear guide to what is legal for Indian residents.
Indian residents may trade currencies only through RBI-authorised persons — in practice, currency futures and options on recognised Indian exchanges (NSE, BSE and MSE), such as USD/INR, EUR/INR, GBP/INR and JPY/INR. The RBI warns that trading on unauthorised online forex platforms or sending money abroad for margin is not allowed under FEMA and can lead to penalties. Check the RBI Alert List before you open any account.
INR currency futures calculatorChoose a broker licensed by your own regulator (for example the FCA in the UK, ASIC in Australia or the NFA/CFTC in the USA), use the leverage limits it sets, and never trade money you cannot afford to lose. Our course teaches the skills — we are not a broker and do not handle client funds.
Forex Lot Size CalculatorIt can be, if you start with education, a demo account and micro lots. Most beginners lose money because they use too much leverage and no stop-loss — fix those two things first.
Many brokers accept small deposits, but the right amount is money you can afford to lose. With micro lots and 1% risk per trade, a few hundred dollars is enough to practise real risk management.
Liquidity is highest when London and New York are both open — roughly 13:00 to 17:00 GMT (6:30 pm to 10:30 pm IST). The clock on this page shows which sessions are open right now.
Yes, on recognised Indian exchanges and in permitted currency pairs. Trading through unauthorised international forex apps or websites is not permitted for Indian residents.
No. BullishBrush is an education provider. We teach you to read the market and build your own plan; we do not give tips or manage money.
Join on Zoom from anywhere in the world. Ask your forex questions in English, Hindi or Bengali.
Risk warning: forex and leveraged products carry a high risk of losing money rapidly. This page is for education only and is not investment advice.
Course · English
The Complete Foundation Forex Trading Course