Prohibited

Binary options in India: banned for retail traders

Retail binary options are not legally available in India. We don't rank or recommend any binary options broker here. Using a VPN to get around a broker's country block breaks its terms and can get your account frozen.

Why:: The Reserve Bank of India lists offshore binary options and forex platforms on its Alert List of unauthorised platforms.
Regulator:: Reserve Bank of India (RBI)

India: frequently asked questions

Are binary options legal in India?

No. Retail binary options are prohibited in India (RBI). Brokers that accept residents anyway are operating without authorisation.

What can I use instead of binary options in India?

We can't confirm a regulated alternative in India at the moment.

Can I use a VPN to trade binary options from India?

No. Brokers verify your ID and address before paying out. Trading through a VPN breaks their terms and can lead to a frozen account and lost funds.