Is Binary Options Trading Reputable In India?
Posted by Zandra Faye on August 24th, 2019
Binary Options has gained popularity in India quickly. It is an excellent opportunity to earn an extra income or as a way to work from home. With more traders who want to invest and with the increased use of smartphones, Binary Options trading is now more accessible than ever.
Unlike several other countries, Binary Options are not legal in India. This was implemented by the Reserve Bank of India, binary trading or any form of online trading of foreign exchange is illegal in India. The financial sector in India is primarily regulated by the RBI and Securities and Exchange Board of India (SEBI), which do not favor investing in binary options in India. The good thing is you will still be able to trade in options with the help of other registered brokers across the globe. That means Indians are free to invest in options marketing like other countries. However, you must also realize that if anything goes wrong, none of the organizations (SEBI and RBI) will interfere in the matter & you'll need to deal with the issue by yourself.
Licenses and Regulations: when looking for the best binary options broker, also look at their licenses and regulations. A regulated broker is always secured than an unregulated one.
About the AuthorZandra Faye
Joined: July 18th, 2019
Articles Posted: 24
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