We’ve all heard about how having a source of passive income is always a great idea, and some of the richest people in the world grow their wealth through various sources of passive income. At some point you might have even asked yourself - how can I earn money online in India? But if you think that you can simply Google the subject and come away with an easy, surefire way to start generating extra cash, then you’re in for an unpleasant surprise. You see, there may be plenty of online ways to make money in India and generate a passive income, but without the right understanding, knowledge and support, you could be taking unnecessary risks with your hard-earned money.

Make no mistake, having a source of passive income is great – especially in these challenging times. That’s why we highly recommend exploring these 3 easy online ways to make money in India:

Duplicating Success through Copy Trading

Looking to follow in the footsteps of the region’s most successful traders with just a few clicks? Then copy trading will be your cup of tea.

Also known as social trading, copy trading is a method that allows beginner traders (Followers) to duplicate the trading signals and strategies of experienced traders (Leaders) to potentially build passive income for themselves. It is one of the easiest online earning methods in India.

This mutually beneficial practice allows Leaders to earn a commission or a cut of their profits from their Followers. For the Followers, they’ll get to leverage the Leaders’ proven track records and years of trading expertise. By “copying” Leaders’ trading activities, Followers get to enjoy the same levels of success without any additional effort. What’s more, as you gain experience, you can eventually become a Leader yourself and earn passive income from your own pool of Followers!

Click here to discover how easy it is to invest and earn money online in India with copy trading, one of the best ways of earning money online in India.

Milk the Markets through Forex Trading

For those who like to be more involved in the decision process, Forex trading is another awesome way to invest and earn money online in India. It requires more strategizing and planning, but with the right skills and knowledge, and by choosing a powerful trading platform, this approach could be a great online way to make money in India.

As with all things, do your research before starting off on your trading journey. Whether it’s through articles or video tutorials, learn all you can about Forex trading from reliable sources. You can always find a good place to start here.

Next, arm yourself with some knowledge on fundamental and technical analyses. With fundamental analysis, you can analyze economic and political trends that will shift the value of global currencies. Using an economic calendar, you can easily keep track of geopolitical events and changes in key economic indicators such as Gross Domestic Product, interest rates, unemployment rates and others.

Next, arm yourself with some knowledge on fundamental and technical analyses. With fundamental analysis, you can analyze economic and political trends that will shift the value of global currencies. Using an economic calendar, you can easily keep track of geopolitical events and changes in key economic indicators such as Gross Domestic Product, interest rates, unemployment rates and others.

As for technical analysis, you’ll be focusing on past price movement data to try and predict a currency pair's future value. This is where traders study price movement charts and take stock of fluctuations in currency pairs using analytical tools to make buy or sell decisions. Technical analysis can also be automated. Known as an Expert Advisor (EA), this is a process where the trader "teaches" a software to identify specific signals and when to execute buy or sell actions.

But even with all the skills and expertise under your belt, you’ll still need a reputable and reliable Forex broker to trade with. Ideally, you should choose one with a long and proven track record, and with millions of traders within its community. Most of all, it should be user-friendly and always puts its traders’ needs first, like this.

Collaborating for Success

Having a reliable, responsive, and proven broker isn’t just great for executing and managing your trading transactions. In fact, if you are highly active online and have a large follower base on your social media, blog, or website, then one of the best ways of earning money online in India is collaborating with a broker as a partner and using your expertise and leadership skills to reach out to your followers – just like an influencer!

Through this partnership, you will help generate leads for your broker which could translate into new clients. When your followers join the broker and start trading, you’ll earn either a fixed sum of money per lot they trade, a percentage of the commission they pay for their trades, or even a percentage of the spread. That means your passive income will grow exponentially as more followers start trading!

Here’s how you can make instant money online in India.

Turn the Pandemic into a Can-demic

Even though times may be tougher than they’ve ever been in a long while, you CAN still earn a strong stream of passive income. Many have discovered that difficult times can mean greater opportunities in Forex trading, and with the right knowledge, attitude, and the right partner by your side, you can too!

So, what are you waiting for? Don’t just think about how to make instant money online in India but rather, take the first step into the exciting world of Forex trading and start taking control of your future today with online earning methods in India!

Forex Trading involves significant risk to your invested capital. Please read and ensure you fully understand our Risk Disclosure.