Muneeza Mushtaq (31) and Rakshendu Vardhan (32) co-founded MyForexAdda in 2017 with a vision to help individuals achieve financial independence. Muneeza, with her expertise in business and financial markets, saw a gap in accessible forex education, while Rakshendu’s experience in the finance industry helped refine the platform’s approach.
Was launched in 2011, initially providing forex education, and expanded in 2017 to include investment services, offering forex trading and consistent monthly returns. The platform now caters to over 1,000 clients and aims to broaden its reach while maintaining the focus on education and profit generation.
MyForexAdda Is impacting both the forex market and society by making forex trading accessible to everyday individuals. It provides the tools and knowledge needed to succeed in the forex market, fostering a financially literate community that can achieve financial independence.
MyForexAdda Offers a range of services, including forex cards, remittances, currency exchange, and managed forex trading services. The business is built on providing customers with a comprehensive, secure, and profitable forex experience.
The platform’s USP lies in its ability to offer a full suite of forex services, combining forex card solutions, currency exchange, remittance services, and managed forex trading. This all-in-one approach differentiates it from competitors in the market.
Both Muneeza and Rakshendu were inspired to launch their business by family values, with Muneeza particularly admiring her father’s entrepreneurial spirit. Ratan Tata is a professional role model, admired for his ethical leadership and visionary growth of the Tata Group.
As entrepreneurs, managing cash flow and handling uncertainty were major hurdles. Overcoming financial struggles, setbacks, and work-life balance challenges led to the development of resilience, financial discipline, and a better approach to self-care.
Start small, but aim big. Learn from mistakes, build a network of support, and remain adaptable to changes. Focus on vision while prioritizing well-being to maintain long-term success.
