Is binary Option Legal in India?

@sbrn11 (415)
India
August 22, 2012 11:35am CST
Is trading in binary option sites legal in India? Can Indians trade in binary option platforms like Anyoption.com or eztrader.com??? Anyone here knows any information on this?
1 response
@Tina83 (1223)
• India
22 Aug 12
Binary options are the extreme gambling part in Forex and in India though its not strict rule for Forex traders but trading only in IND/USD pair is legal.Be very much careful while going for binary option trading as i generally avoid those.