To always offer you the best, the freshest, and the most relevant news and articles about everything you need to know about IQ Option in India, we did an in-depth study regarding the Indian law and regulations that govern all types of trading within the country.
We have evaluated all the critical aspects of the IQ Option review for India. We even contacted IQ Option representatives to get the requested information we needed to keep you up to date with regulations and exciting facts about the company.
If you’re interested in online trading and you want to learn everything there is to know about IQ Option in India and its legal status, start scrolling the article because we’ve got you covered. Also, please note that we are not financial or legal advisors, and this article is for information purposes only.
Is IQ Option Legal in India?
Yes! The answer is “yes†however, it’s more complex than just a simple yes or no question. While IQ Option is legal in India, this does not mean it is regulated. You could actually say that IQ Option is legal in India because there are no laws or regulations to make it illegal.
We’re not saying that there should be laws to make IQ Option illegal in India. Far from that. We’re just saying that there are no specific rules, regulations, or laws that specify exactly that this online trading platform is illegal. Which technically makes it legal.
But before we get more into everything there is to know about IQ Option in India, let’s read a little more about all the legal information and history regarding this international company that offers its online trading services in over 170 countries worldwide.
IQ Option is a multi-asset trading platform where all the registered users (named traders) can trade anything from forex, binary options, cryptocurrencies, stocks, ETFs, commodities, and so much more. It’s basically a traders’ paradise with a really complex list of services offered for all interested in online investment platforms.
IQ Option began with binary options back in 2008, meaning that it has over 13 years of experience activating in online trading. Since then, the company increased, and more and more people started reading up about IQ Option in India and beyond.
Having so many broker processes available on the IQ Option platform, they make more than 2 million trades daily at a global level. Pretty impressive, if you ask us. Before you consider signing up and registering an account on IQ Option, you should seriously consider creating a free demo account so that you’ll get used to the way things work.
After you’ve got better acquainted with the platform and how things work, you can begin your trading adventure with a deposit of a minimum of $10, and you can start investing with as little as $1. This means that the risks you are taking are minimal, but you should never put more money into online trading platforms than you will lose.
Having such tremendous success and becoming a reputable global broker, IQ Option is one of the most popular online trading platforms in India as well.
Is it safe to use IQ Option Binary Trading?
Yes! IQ Option is just as safe to use as you usually register and trade on any global online trading platform. If you’re searching Google for – “ IQ Option fake or real †– or related key phrases, then you’ve landed in the perfect spot. Youre exactly where you need to be to learn everything there is to know about IQ Option and whether or not it’s a legit operation or an online scam.
First, you need to understand that trading is never safe. Trading is not a guarantee, and nobody can sell you the secret to success when it comes to online trading. Sure, if you’re very well-informed, you can stand to make a lot of money.
However, not even then can you be 100% sure that the stock market will not crash, oil prices will not go down, or cryptocurrencies will not hit an all-time low. Nobody can predict these global events, and all we can do is estimate how some external factors can influence the values of stocks, oil prices worldwide, the cost of gold, and the list can go on and on.
So, to put things in a better perspective or to answer this question in a different tone, we would say, – “Yes! The platform is safe to use, but you need to know what you’re doing. – This means that even though the platform is safe and legit, you can still lose money if you don’t know what you’re buying and selling.
Online trading is highly complicated, and it may take years upon years to master. But if you choose to invest and trade only small amounts of money, you will learn a lot about how trading platforms operate, and the risk of losing your money will decrease significantly. Like all good and profitable activities, they take time to master. So does online trading.
Can IQ Option Be Trusted?
If you’re asking yourself if IQ Option binary trading can be trusted, then the answer is yes. The services provided by IQ Option, especially when it comes to binary trading, are world-class, and they are used by hundreds of thousands of people around the globe.ÂÂÂÂÂÂÂÂ
- 2017 Award of Excellence – The Award of Excellence is the highest honor that can be awarded at the Communicator Awards. It is only received by institutions that outperform and surpass industry standards in quality and achievement. It’s a recognition of excellence in the sector of online trading, making the IQ Option trading app the best in the Financial category in 2017. This prize was awarded by The Academy of Interactive & Visual Arts, and it legitimizes the IQ Option online trading platform as one of the industry’s key players.
- The Intelligent Trading App for Options Trading Award – received from the Mobile Star Awards, which is the most considerable global annual mobile innovations and software awards program. This award was received by IQ Option in 2016, making the trading app the best and most efficient in its category. The IQ Option app has also received praise for its design.
- The Century International Quality Gold ERA Award – offered by the Business Initiative Directions Group as one of the most prestigious awards received by IQ Option. This award comes as a recognition for the outstanding commitment to Quality and Excellence in the field of Customer Satisfaction and Customer Support.
- Best Technology Application Award for IQ Option – the honor was delivered to IQ Option by The Web Marketing Association (known as WMA), which is known for helping out in setting a high standard for Internet marketing and web development since the early beginnings of the dotcom era’ (1997). Through their MobileWebAward, IQ Option was voted as the Best Technology Application in 2016.
- Best Options Broker Europe 2015 – This is one of the most outstanding awards and prizes received by IQ Options, given the high competition they’ve faced in the online brokerage services sector. This award was given based on the opinions and options of customers and business experts worldwide, presented by the Global Banking & Finance Review.
- Most Innovative Options Trading Platform – IQ Option received this prestigious award at the IFM Awards 2015 for its innovative products and approach in the online trading sector.
- Best Mobile Trading Platform – This is the second award received during the same IFM Awards 2015 event, where the services provided by IQ Option on the European market were highly praised.
- Fastest Growing Options Trading Brand – Awarded by the Global Brands Magazine, which is one of Great Britain’s most reputable brand observers. This prize was awarded to IQ Option, which states that a company is doing a great job in the trading industry, especially regarding the IQ Option binary options they offer.
- Best Trading Platform – The Forex Awards in 2014 have designated IQ Option as one of the best online trading platforms in the world.
IQ Option has many other international awards meaning that their services have been highly appreciated and praised by the online trading community worldwide. These awards are significant, especially when people look up Olymp trade vs. IQ Option online to know which platforms are best for trading in India.
No matter the platforms you choose, you need to be aware that you’re trading with real money, and you could lose it all if the trades you make prove out to be unprofitable.ÂÂÂÂÂÂÂÂ
Legal Status of IQ Option Binary Trading in India
Most people were thinking about trading online start researching which trading platforms are legal and which do not offer their services in India. While most platforms are permitted, this is mainly because Indian laws don’t have apparent regulations regarding online trading.
But let’s get more into the details regarding the legality of IQ Option trading in India in the following rows.
The Indian legislation doesn’t prohibit online trading, and this statement also includes The Foreign Exchange Management Act of 1999. In addition, official Indian regulators do not have the authority to regulate companies not legally based in India, as all their trading operations take place overseas, outside of Indian territory. Before, international companies have never been banned in India, meaning that no laws are broken by trading with IQ Option.
The company also has a clear list of companies and territories where online trading is not allowed and doesn’t offer its services, and India is not on that list. You should always check their inventory and go over their Terms and Conditions before signing up and agreeing to use their services.
IQ Option is not legal in the following countries: Australia, Switzerland, Czech Republic, USA, Belgium, Canada, Iran, Israel, Japan, Latvia, North Korea, Pakistan, Palestine, Russia, Sudan, Syria, and Turkey.
This is how you’ll always control your money by being informed about how a platform works and the legal requirements to deposit, withdraw, and anything else that may be of high importance when opening an online trading account.
IQ Option usually sends out emails to all their subscribers whenever a change in their legal terms and conditions has been made, and this also applies to when they change the list of approved countries and territories. You’ll always be kept updated with all the legal regulations, as long as you are subscribed to their mailing list. This is a pro-tip, so keep that in mind when you’re signing up to any online trading platform where you’ll be depositing money.
You can never be too safe, too informed, or too careful when you’e dealing with your own money.
Is it safe to deposit money in IQ Option India?
This is one of the first questions any responsible trader or futures trader should ask himself before signing up and depositing any money on IQ Option or any other online trading platform in India.
When you’re dealing with your own money, you should never take things lightly, as you could lose all your funds in a matter of minutes if you don’t pay close attention to all the Terms & Conditions, legal requirements, and anything else you should have in mind when depositing money anywhere.
If you want to deposit money on IQ Option, you can do so via many methods. You can deposit using the classical debit and credit cards methods. VISA, Mastercard, and Maestro are all accepted, meaning that you should have no problem making your first deposit on IQ Option.
Another interesting fact about the deposits made on IQ Option is that they can be as little as $10, and you can immediately get started with trading on the platform. You can even begin investing with as little as $1, which means that you can make ten minimum investments with your first minimum deposits.
But even before you begin depositing money, you can try the free demo platform, so you’ll be very well versed in the IQ Option universe before actually adding funds to your trading account. It’s always better to learn for free than with your own money. At least that’s what we always say.
You should verify your account as soon as possible, and this way, you will benefit from faster withdrawals and deposits. Being an online trading account, this usually works a lot like a banking account.
Your complete information will be required, meaning that your legal name, address, phone number, email, and proof of address in the form of a recent utility bill could be necessary on your part. After providing all the legal information and getting the paperwork out of the way, you’ll be free to trade and invest in many financial instruments you’ll find available on the IQ Option platform.
We can’t stress this enough, but you must always be aware of the risks when you’re trading, buying, or selling stocks or doing any other forms of online investments. You could lose all your money in a matter of days, but you can also make a killing during the same timespan.
The only thing you need to remember is that nothing is 100% guaranteed, and you shouldn’t invest money you will require very shortly. Invest only the amounts of money you don’t currently need, and you are willing to lose in case things go wrong with your trades or with the other investments you’ve made on IQ Option.
How does IQ Option Trading Work in India?
The IQ Option app is used by over 40 million users worldwide, and it is one of the most highly acclaimed trading platforms available today. Users have a large variety of payment methods, but before depositing or withdrawing funds on and from the platform, be sure to check the functional scenarios in your country or territory.
Before creating your online trading account on IQ Option, you should be aware that there are two companies legally. IQ Option LLC and IQ Option Europe Ltd are the two companies that form IQ Option.
You will be automatically registered to one of the two commercial entities listed above based on your country of residency. Suppose you are registered to IQ Option Europe Ltd. In that case, this means that you are a client from Austria, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovak Republic, Slovenia, Spain, Sweden, The Netherlands.
If you are a Trader from any other country than those listed above, you are a registered user of IQ Option LLC. You should be aware and know the legal entity to which you are registered before you start depositing money and trading online. It’s always better to be safe than sorry, right?
So, now that you’ve read up on all the legal quirks and nobs regarding IQ Option, you should have a look at the payment methods available on their app. You can deposit and withdraw on IQ Option in India using a debit or credit card (Visa, Mastercard, or Maestro, and they could add a lot more in the upcoming period) or various e-wallets such as Skrill, Neteller, Webmoney, and many more.
As you can see, there’s no shortage of payment methods out of which you can choose from, so be sure to use the one that charges you the most negligible commissions and fees. You can start trading on IQ Option in India with as little as 10 USD/GBP/EUR.
When it comes to the most popular withdrawal methods, users usually choose e-wallets. They are much faster and more efficient than bank cards, which take a more extended period to send the funds from your trading account to your bank account.
One of the hottest features to look forward to when trading on IQ Option is its multi-asset trading platform. This means that you can trade binary options, forex, stocks, crypto, ETFs, and much more, based on your experience with trades and investments.
Suppose you’re thinking about starting your online trading investment in India with IQ Option. In that case, you should be up to date with all the latest regulations in this field and never invest more than you can handle, as investments always come with a risk. The higher the reward, the higher the risk, so choose your investments and trades carefully.
When it comes to trading on any online platform, the decision is completely up to you, the investor, or the would-be investor you aspire to become. Never invest more than you are comfortable with losing because no investments are a 100% guarantee.
All investments present a certain degree of risk, depending on the companies you put your money into and the online trading platforms you use. This is why we hope that this IQ Option review for India will help you make the best decisions possible when it comes to investing.
The purpose of our article about IQ Option in India is strictly informative, and you should not consider what we wrote financial advice. You need to have a clear understanding involving all the risks of investing in stocks, ETFs, cryptocurrency, or anything else that you want to place your money into, and always remember that you should invest money you don’t have.
Investments present risks and they usually require a long period of time for them to become profitable and/or to generate the passive income you’ll need in order to never work again. Always do your research before investing and take into account all the laws and regulations set by the Indian government.
Conclusion
When it comes to trading on any online platform, the decision is entirely up to you, the investor, or the would-be investor you aspire to become. Never invest more than you are comfortable with losing because no investments are a 100% guarantee.
All investments present a certain degree of risk, depending on the companies you put your money into and the online trading platforms you use. This is why we hope that this IQ Option review for India will help you make the best decisions possible for investing.
The purpose of our article about IQ Option in India is strictly informative, and you should not consider what we wrote financial advice. You need to have a clear understanding involving all the risks of investing in stocks, ETFs, cryptocurrency, or anything else that you want to place your money into, and always remember that you should invest money you don’t have.
Investments present risks, and they usually require an extended period to become profitable and generate the passive income you’ll need never to work again. Always do your research before investing and consider all the laws and regulations set by the Indian government.ÂÂÂÂÂÂÂÂ
