SBI FX Trade

Hello sir I want to know about features of SBI FX Trade so here can you please give me its details ?

[Shaleen]

Hey as SBI FX TRADE is an online platform offered by State Bank of India to its customers to trade in the exchange traded Currency Futures

About SBI
State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.
Features of SBI FX Trade
Competitive brokerage rates.
Integrated platform of Bank Account and Online Trading Account.
Provision for lien marking. The money continues to remain in the customer's account until the deal is done, thus earning him interest.
Secure and Robust online platform.
Product from India's most trusted and transparent Bank.

Advantage of SBI FX Trade
Transparent & Efficient price discovery
Ease of trade
No paperwork required at branch level unlike forward contracts
Submitting proof of underlying is not a precondition
Since, no actual delivery of foreign currency is involved, clients may hedge their indirect currency risks