Is FOREX and Binary Option Legal In India in RBI Tearm

Discussion in 'Forex' started by ranjancom2000, Mar 20, 2017.

  1. ranjancom2000

    ranjancom2000 New Member

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    Hi

    Can i open an account in IQOption and get funded the account using Skrill and withdraws money from Skrill to my backup account. Will it be Legal to do.
     
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  2. howardroark

    howardroark Well-Known Member

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    Till the time, your acc size is really huge, u dnt hv2 break yr sweat ...
    But it is not Legal ...
     
  3. ranjancom2000

    ranjancom2000 New Member

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    I have already opened both Iqoption and Skrill account i did some demo trading i was in profit. So i am plan to deposit some amount and do real trade.

    I am just worried on withdrawal how it works.
     
  4. howardroark

    howardroark Well-Known Member

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    When it comes to Fx / binary trading ...
    Either you can worry or trade ... you cnt do both ...
    I trade FX and I trade 7,00,000$ worth accounts ... I dnt worry ... I trade ...
    Worry if u hv much much bigger acc dan 7,00,000$ account size ...
     
  5. howardroark

    howardroark Well-Known Member

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    Binary Options are one of the surest way of suicide ... BEWARE ...
    Most of the countries are banning them ... Left, Right and Center ...
    My 2 cents ...
    Its your money at the end of da day ...
    Stay Green
     
  6. ranjancom2000

    ranjancom2000 New Member

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    Hi howardroark have you tried this before or just giving the advice. Because i am seeing my friend masking consistence income for last few month just daily 4 trades 3 trade will be winning.
     

  7. howardroark

    howardroark Well-Known Member

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    I been there ... Done that ...
    My friends been there ... done that ...
    Fortunately, common sense prevailed sooner than later ... Reverted to FX trading ...
    Now, I trade FX only ...
     
  8. howardroark

    howardroark Well-Known Member

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  9. ranjancom2000

    ranjancom2000 New Member

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    Which one r you using we can do FX from India
     
  10. pannet1

    pannet1 Well-Known Member

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    Superb info howardroark,

    I really appreciate your sincere inputs. by the way which FOREX broker are you using.
     
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