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Sales And Trading Trade seamlessly through our platform with total confidentially. Since the introduction of binary trading in India, binary options such as IQ Option, have gained popularity in India quickly. With more investors wanting to invest in IQ Option , India still has a majority of people who are unaware of the application of binary options and often Google questions like 'Is binary trading legal in India?

Binary trading in India is a form of an 'all-or-nothing' option in which the payment is composed of a fixed compensation upon expiry of option in money or nothing upon expiry of option out of the money. A binary option is a kind of yes or no probability and therefore, termed as binary. The option holder does not have the choice to sell or buy the asset as binary trading is done automatically. Binary option trading software like IQ Option requires high-risk management, however, the binary option holder knows about the quantum of risk involved in each trade and the loss is limited to the amount risked in binary trade.

Unlike many other countries, binary trading is illegal in India. As per the guidelines provided by the Reserve Bank of India, binary trading or any form of online trading of foreign exchange is not legal in India.

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Any investor who takes up binary trading in India does so at his own risk, with no law to regulate dealings of binary trading options in India. Indian traders who want to invest in binary options can do so by signing up with an offshore binary options broker, as there are no Indian based binary trading firms and binary options are not listed on any of the recognised stock exchanges in India. Binary trading in India can be done in the following manner:. The first question that comes to mind is 'What is IQ option in India?

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It is a regulated and licensed binary options broker, but since the binary option is not legal in India, so IQ option does not hold a legal status here. With no laws or rules to regulate binary trading in India, investors who are involved in binary options in India do so at their own risk. There is no legal remedy available to a trader who gets involved in an IQ option scam of binary trading in India.

There are many fake websites rampant over the internet that scam people and end up stealing their information and money. Returns also differ from broker to broker. With no regulation on investments and returns, the binary options trader must be sure about the return rates, minimum investment option, policy on bonus, withdrawal policy, etc. You can get connected with the lawyers in just one click via mail at consult myadvo. It is advised to consult a good lawyer in India before investing in binary options trading in India.

To get the best, you can always choose MyAdvo to help you avail expert lawyers who are well-versed in binary trading in India. Is binary options trading legal in India?



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Antim Amlan is the in-house corporate counsel for MyAdvo and has been associated since the inception of the legal team. He also advises corporates on structuring of the work processes based on subject matter and curating suitable legal solutions that benefit the corporate clients. He is an avid blogger and has interest in Corporate, Banking and Finance laws. Email: antim myadvo.

General Legal. Since the introduction of binary trading, binary options have gained popularity quickly in India, with more investors wanting to invest in binary options. However, a majority is still unaware of the application of binary options and whether binary trading is legal in India or not.