Is binary options trading legal in india

Is binary options trading legal in india

Binary option trading has no legal permission in India. Since it is no different from gambling, many countries including India has outlawed the binary option. if you traded at a regulated and licensed broker You have options Neither the Forex trading nor the binary trading is illegal in India provided you do it as per the norms of FEMA and SEBI. You need to get yourself registered as a trader as per the SEBI norms and then do your business as per the norms of FEMA only in INR:USD, INR:Euro etc but certainly not online 12/18/ · RBI and SEBI do not control Binary Options in India. Therefore, Indian traders are a bit hesitant in investing in Binary options. In many parts of the world, Binary Options trading is legal, and the traders in those respective countries can investing in stocks as much as they want in Binary Options

Is binary trading legal in India - FREE LEGAL ADVICE

Neither the Forex trading nor the binary trading is illegal in India provided you do it as per the norms of FEMA and SEBI, is binary options trading legal in india. You need to get yourself registered as a trader as per the SEBI norms and then do your business as per the norms of FEMA only in INR:USD, INR:Euro etc but certainly not online.

The internet is not a lawyer and neither are you. Talk to a real lawyer about your legal issue. You are absolutely correct. In India, Foreign Exchange or Forex trading is not allowed. Hence it is legally a crime to involve in Forex trading and the charges of the crime are imprisonment in jail in this country. The offence is considered immense, the prediction of intensity can be deduced from this fact that it has been labelled to be non-bailable.

However it is legal to trade forex with Indian Exchanges like NSE, BSE, MCX-SX where they currently offer 4 pairs USDINR, JPYINR, GBPINR, EURINR in Derivatives Futures and Options Segment. So if you are trading with Indian Brokers whom have membership with the above mentioned Indian Exchanges it is perfectly legal. Also it is legal for Indian Retail traders to invest in overseas equity markets. But margin trading in overseas is suppose to be illegal as per RBI regulation guidelines. Are you talking about bitcoins here?

If yes, please note that so far it is not permitted in India. Rbi had issued a paper though sometime back In this regard.

Let us have a word and I can advise you in little more detail in this regard. Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at LawRato.

com and has been responded by one of the Corporate Lawyers at LawRato. com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.

com or contact a Lawyer of your choice to address your query in detail. FIND MY LAWYER NOW X. Need Help? I won't keep you waiting. Home Corporate Legal Advice Is binary trading legal in India. Is binary trading legal in India I understand that Forex trading is illegal in India.

But, please tell me if Binary Option Trading via online broking sites by registering myself as a Company legal? If yes, then which type of Company needs to be incorporated and what different types of registrations are required? Thanks in Is binary options trading legal in india. Anonymous User. Connect with top Corporate lawyers for your specific issue, is binary options trading legal in india. Connect with a Lawyer. Answers 3 votes. Advocate Pulkit Prakash.

Advocate Pulkit Prakash 4. VIEW PROFILE. Googling your legal issue online? TALK TO A LAWYER. Popular Corporate Lawyers Advocate Sunil Kumar Bakshi. Advocate Rajesh Rai. Advocate Bala Janaki.

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Indian Binary Trading Reality - iq option, binomo , olymp trade - illegal in India - By Milan Jain

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Is binary options trading legal in India? - Quora

1/27/ · Is Binary Options Trading Legal in India There is no legal restriction on binary options trading in India. However, an Indian trader who is willing to do binary trading in India has to obey the laws. They can trade by following some rules that are set by the SEBI and reserve bank of blogger.coms: 6 4/17/ · Is Binary Options Trading Legal in India There is no legal restriction on binary options trading in India. Binary trading with IQ option is completely against the law and prohibited. If you traded at a regulated and licensed broker You have options 12/2/ · As per the Reserve Bank of India guidelines, traders of India cannot do any any type of foreign online trading. binary trading with IQ option is completely against the law and prohibited. The Foreign Exchange and Management Act prohibits traders to participate in any form of forex trading. Hence, binary trading option in India is good for blogger.comted Reading Time: 4 mins