Binary options India – Binary options trading in India
Binary options India, Binary options trading in India has gained much curiosity among new generation investors due to its simplicity to trade, high return on investment and extremely short duration of trade expiry. Trading binary options are quite straightforward and simple, while the risks associated with it is high. If you are successful in a trade, you get 70% – 95% * return on your investment instantly, you lose 100% of your investment amount for an unsuccessful trade. Hence risk management is quite important in binary options trading. But the specialty of Binary Options is that you always know the amount risked in each trade and loss can’t exceed the amount risked in a trade.
Binary Trading in India
When it comes to binary options in India, it disappoints the traders. Unlike many parts of the world, it is illegal to trade Binary Options in India. Therefore, the traders in India are yet to see some favorable environment for binary trading in India. The popularity of binary options trading has attracted Indian traders to have a first-hand experience by trading in demo accounts and tournaments. Participating in trading tournaments and demo trading without investing real money is legal. Binary options have experienced huge growth over the last decade all over the world. But traders in India are still waiting for a favorable legal from the regulator in India. Since the financial crisis of 2008 binary options trading has been used as a way to make an income in a manner that is straightforward and enjoyable.
Binary options India – Demo trading account
Interested traders from India can definitely taste the excitement of Binary Options trading in India. They can start trading in a Demo trading account and participate in tournaments. This will enhance your skill of binary options trading in India. You can utilize your trading skills to win several tournaments held by the brokers.
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RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.
* Amount to be credited to account for a successful trade.
Binary options India, The traders can open a demo account to have the first-hand experience on Binary options trading.
The Binary Options enthusiasts in India can open demo accounts with recommended brokers, and have trading experience in REAL MARKET conditions without risking their money.
What is Binary Option:
Binary Options trading is a new and simple financial trading product, that traders can make use of. These are a form of an option that provides a fixed deadline for expiration with a fixed payout. Binary Options trading has just two outcomes for any trade WIN or LOSS. If you win a trade you get up to 95% return on your investment. But if you lose the trade, you lose 100 % of the investment amount. And some brokers refund you for a trade expired in a tie.
How to trade:
1. Choose the asset to trade.
2. Make a prediction for the trade.
3. Select an amount to invest.
4. Trade (by clicking CALL or PUT).
If EUR/USD is trading at 1.02052 and you predict the currency pair will be lower in the next 5 minutes and you want to invest $10?
Find EUR/USD in the brokers’ asset list, select the time period of 5 minutes, enter $10 as investment amount. Now, click on the PUT (SELL) button and the trade is executed. The return on this trade is 95%.
You’ve now predicted that the currency pair EUR/USD will be lower than the current level of 1.02052 in 5 minutes time.
After 5 minutes EUR/USD is trading at 1.02012, lower than the price 5 minutes earlier, when you entered the trade. Your trade automatically closes by the broker for a profit after the expiry of 5 minutes.
Since EUR/USD was trading lower as you predicted your trade is closed for a profit (known as in the money). The profit for a $10 investment with a return of 95% is $9.5 ($10 x 95% = $9.5) which is credited to your broker account almost instantly.
If your invested amount had have been $100 you would have made a profit of $95 on just this single trade.
There are different expiry times to select, starting from 30 seconds to up to 5 minutes in Turbo Trading option. Expiry times of 10, 15 minutes, 1 hour and 1 day, end of the day, are also available with many binary options brokers.
Binary options trading in India, simple or complicated:
You can start Binary Options trading in India in few simple ways. You can start practicing in a demo account in few seconds. The process of Binary options is quick, simple and very profitable, but at the same time risky. There are significant chances that you may lose the invested amount completely. You would have lost $10 in the above-shown example trade if you were wrong in your prediction. If EUR/USD would have closed above 1.02052, you would have lost the trade and your invested amount $10. But its never risky to learn Binary Options in India by opening a FREE DEMO account with brokers. You can start unlimited practice in demo account without risking any real money.
Hence, it is very important that you manage the risk in binary options trading, in order to be a successful trader.
Binary trading in India – Featured broker
Most of the traders in India prefer to open an account with IQ Option India, as they offer you an absolute free demo trading account. IQ Option also conducts a number of trading competitions every month, you can participate in them for free or for a nominal fee. IQ Option has recently added Forex and CFD trading to its platform. The Forex, CFD and Binary Options trading, you can trade all three in one single account with IQ Option India. Taste the excitement of Bitcoin trading with IQ Option in India.
Is binary option legal in India :
This is the most important question that clicks in the mind of Indian traders – Is binary option trading legal in India? The answer to this question is – it’s not legal to trade binary options as per the RBI guidelines. But traders may choose to have the first-hand experience by doing demo trading in a real market scenario. Some reputed brokers offer free demo trading account and trading competition absolutely free.
If you want to experience binary trading in India. The only way to do it legally is through a demo trading account.
Binary Options in India, Legal Issues: It’s not legal to carry out Binary options trading with “Over Seas Forex Trading through Electronic / Internet Trading Portals” in India. There are no binary options India brokers regulated in India. You must go through RBI guidelines thoroughly before going for binary options trading in India. Otherwise, you may face legal issues. Refer RBI Advisory “RBI Advisory on Overseas Forex Trading through Electronic or Internet Trading Portals” and other related links. For more related RBI policies Link click here.