I’ve heard that forex trading isn’t allowed in India. But what about Binary Options trading through online platforms? If I register a company, can I trade on sites like Quotex? If it’s legal, what kind of company should I set up and what registrations do I need? Any advice would be greatly appreciated!

Apni Law
Apni Law
Law Forum › Category: Corporate › I’ve heard that forex trading isn’t allowed in India. But what about Binary Options trading through online platforms? If I register a company, can I trade on sites like Quotex? If it’s legal, what kind of company should I set up and what registrations do I need? Any advice would be greatly appreciated!
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Apni Law Staff asked 2 years ago

I’ve heard that forex trading isn’t allowed in India. But what about Binary Options trading through online platforms? If I register a company, can I trade on sites like Quotex? If it’s legal, what kind of company should I set up and what registrations do I need? Any advice would be greatly appreciated!

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Best Answer

Apni Law Staff answered 2 years ago

Binary options trading is currently not regulated in India, making it a risky proposition. While you can register a company, it’s crucial to understand that trading on platforms like Quotex may be illegal in India. Seek legal counsel to navigate these complex regulations.

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