Binary Option Trading

Binary option Trading is legal in India

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Hello everyone,

Just wanted to know whether Binary trading is permissible in India.

I searched on internet, but can not reach to the conclusion yet.

After doing some research i feel, as per RBI rule we can not transfer more than $200,000 per calender year. Does it mean we can trade in Binary option within that limit...without violating RBI's restriction..???

Awaiting your thoughts members here..I am :confused:

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