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Binary trading in India is legal or not
25-Mar-2024 (In Criminal Law)
I am doing Binary trading In INR with help of indian Brokes. Is it legal?
I am not using or doinf Forex trading..
Website i use in olymptrade... I only play with Rupees. Can i do so ? Is it ok to do so ?
Or should i stop doing it?
Dear Sir,
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.
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.
Helpful?
Adv. Kishan Dutt Kalaskar
Bangalore | 500+ Answers
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