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BLAC FX

NDFs

Access emerging market currencies through NDF contracts, settled in cash with no physical exchange of currency.

INRKRWBRLTWD

Overview

NDF trading.

Trade a wide range of currencies with non-deliverable forward contracts. Take a view on currency pairs that are hard to access directly, without ever exchanging the underlying currencies.

Trader analysing charts across two monitors

The future of investing is here

Why choose BLAC FX for NDF trading?

01

Take your trading further with our leading platform

02

A safe, secure and transparent payment system

03

Personal assistance and expert guidance 24/5

04

Trade the right currencies with a user-friendly interface

05

A broad range of currencies available as NDFs

06

Open an account in minutes with hassle-free registration

Why NDFs

What makes NDF trading so attractive?

Wide range of currencies

Trade currencies of developed, developing and emerging economies and diversify your exposure.

No physical delivery

Take a view on currency moves without delivering the underlying currencies.

Transparency

Prices are driven by interest rate differentials, keeping pricing transparent.

Competitive cost

A cost-effective way to access currencies that are not freely convertible.

Hedging

Help offset the risk of exchange rate moves on emerging market exposure.

Flexibility

Suitable for short, medium and long-term trading styles.

Demo
  • USDINR83.420
  • USDKRW1352.60
  • USDTWD32.180
  • USDBRL5.0710
  • USDIDR15890
SELLBUY

Illustrative demo display. Prices are simulated.

Learn

What is NDF trading?

A non-deliverable forward (NDF) is a contract between two parties on a currency exchange rate. No currency changes hands. Instead, the difference between the agreed rate and the market rate is settled in cash when the contract matures.

Read more →

Benefits of NDF trading

  • Risk management and diversification
  • Global exposure
  • Low trading cost
  • Liquidity
  • Transparency and flexibility
  • Customised contracts

Live market data

Popular NDF currencies

Live spot reference rates for the underlying currencies. NDF prices on the platform include forward points.

Live data by TradingView. Indicative only, not BLAC FX dealing prices.

Download MetaTrader 5

Trade ndfs on MetaTrader 5.

The industry-leading platform, on every device you use.

Positive reviews

From our clients across review platforms.

Getting started

How do I trade NDFs?

  1. 01

    Get to know how NDF currency trading works.

  2. 02

    Identify the currency pairs you want to trade.

  3. 03

    Open a BLAC FX trading account.

  4. 04

    Build a trading plan.

  5. 05

    Choose your trading platform.

  6. 06

    Place your first live trade.

Guidance from our expert team

Our team of experienced traders is here to guide you. Learn strategies, ask questions and build confidence before you trade.

Help opening your account

Opening an account is quick and easy. If you need a hand at any step, our team is ready to help.

More products

Risk warning. Trading forex and CFDs carries a high level of risk and may not be suitable for everyone. Leveraged products can result in losses greater than your initial deposit. Past performance is not a reliable indicator of future results. Read the full risk disclosure before trading.