licensed broker You have options. Many people view binary options as pure gambling, because you will either have a huge loss or huge gain. If your invested amount had have been 100 you would have made a profit of 95 on just this single trade. You can try using VPN try to open IQ Option using VPN setting server location as the USA and open IQ Option it will not allow you to register. When I talked with IQ Option about this issue that why banks card is not working on your website and is it legal to trade on IQ Option they replied me this you can see below conversion about this in the image. It is our standard TAX that we pay if your income is below 3 Lakh then you do not have to pay tax but if your earnings is more than 3 and below 5 lakh you have to pay 5 TAX, If your earnings. What is Binary Option: Binary Options trading is a new and simple financial trading product, that traders can make use. To start trading in India, you will need to sign up with a brokerage firm that is based offshore to trade binaries.
Is Binary Option Legal In India?
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The main focus of the RBI is the current account deficit that India is facing. 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. The popularity of binary options trading has attracted Indian traders to have a first-hand experience by trading in demo accounts and tournaments. After 5 minutes EUR/USD is trading.02012, lower than the price 5 minutes earlier, when you entered the trade. ( Foreign Exchange Management Act ). However, the unique specialty. The financial sector in India is primarily regulated by the RBI and Securities and Exchange Board of India (sebi which do not favour investing in binary options in India.