Is Binary Options Legal In India?

In India Sebi doesn’t allow binary options on regulated derivative exchanges and they are illegal.

Major European exchanges offer binary options in various securities, such as EUREX, and they are quite popular.

Trading on platforms like Olymp Trade can be a great way to earn some money. Trading in and of itself is not illegal in India. A number of Indian institutions allow access to different markets. The RBI wants to keep traders’ money in INR to maintain their own forex reserve.

The short and simple answer is yes, trading binary options is legal in the United States. The US has, if not the most, strict regulations when it comes to binary options which make it quite complex for both traders and brokers. Hence, US citizens can use a non-US broker instead.

IQ Option is legal in India but it’s not regulated by SEBI & RBI.

There is no any Rules in India about Binary trading. You can Trade on IQ option, Earn money, Withdraw or Deposit in your Account. there is no any hurdles. If it is illegal than Bank will not allow your transaction with IQ option or Other Binary trading platform.