Is FOREX and Binary Option Legal In India in RBI Tearm

[NetFreak]

Yeah, Binary Options may sound you a bit easy to deal in than the Forex Trading, but the Forex is much rewarding than that of the Binary Options.

 

[pradeepgolfer]

if RBI is bothered about forex outflows why is it allowing foreign travel for holidays import of goods available in India ?
not allowing forex trading is totally inconsistent with it's overall policy

 

[Hulu Girl]

So Are those 2 terms are legal in INDIA?? Binary options and Forex? I have not seen any good broker who is providing good this two trading.

 

[pradeepgolfer]

trading forex is illegal officially

i use a ecn broker search google for ecn broker
i do not want to recommend any b roker because of moderator
and i deposit by skrill and debit card.
so far no problem

 

[Hulu Girl]

Forex trading in India is illegal where there is no involvement of Indian Rupee. You can trade with involvement of Indian Rupees like USD-INR, EUR-INR, GBP-INR or JPY-INR.

 

[Esthyle_Raja]

Open an acc with Hantec or Lite forex ... Hire me as your PF manager ...
Pay me 30% of the profit ... You do not need bot and you save 10% as well

And this is how you cheated many.

Madhava, Just think how all this haraam ka paisa would make your, yours wife and your daughter Anaida's life hell.

 

[Hulu Girl]

He may be a scammer but we can not say anything. There are many PF manager and trusting is really difficult.

 

[Cornelis]

I think forex trading is much better option for trading as compared to binary options. Binary options trading is more closer to the gambling due to the high risk and low analysis. You can tackle the market only with money management which is a requirememt for gambling as well.

 

[Hulu Girl]

Forex is much safe because it is old and we know how to work on it. Also, we are having lots of Forex trader to help us. Binary is still new to me and there are many scammers.