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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
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That's how forward rates are derived (from the underlying currency interest rates), if they aren't an arbitrate situation is created.
I'm a professional trader. I view myself as being pretty good at what I do. if somebody started trading in my markets with the handicaps that retail forex brokers put on you for holding positions long term, I would laugh and look forward to taking their money. As such I do not think a retail trader can build a a profitable carry trade portfolio with a retail forex broker. (The possible exception to this was CitiFX Pro but they shut down earlier this year and you now need to be institutional to access Citi's FX products.)
Not surprisingly it is my belief that futures would be a lot more efficient method to construct a carry trade for a smaller trader. Unfortunately there are not enough liquid futures to do this and as such I have not put the effort into any further analysis. ( This [AUTOLINK]CME[/AUTOLINK] report shows that the total open interest for the USD:INR contract is less than 600 lots and all in the prompt month.)
