Several robotic trading strategies are used by Indian traders to create effective enough algorithms to earn profits by the procedure of either following reversal trends or following trends. The entire foundation of algorithmic trading revolves around the accuracy and the speed. A robotic platform must have high speed, connectivity to various exchanges, assimilate all the feeds, real-time availability of the market data, ability to back-test the historical data, and independent programming language.

Auto trading is becoming a trend and gaining more popularity among traders. As we know that, when the market of a specific product growing, many frauds are taking place, and people wonder about real work. Just like this, when the demand for automated trading started to grow, many scams began to happen, and due to this reason, traders are wondering how to choose a good auto trading robot.

Traders should choose those robots that are realistic, user-friendly, easy to understand, free, regulated, have professional customer support, and flexible.

Robots that allow the traders to customize their accounts and more personalized are better. It is problematic that an auto trading robot has all these features but always chooses a robot with most of these features, and they can provide you the best optimal trading experience.

As technology advances, more ways have been opened to make our lives better and easier. Artificial intelligence and computers are starting to fill many aspects of our lives. Robots are now able to do specific tasks without human influence, such as cleaning or bomb disarming. Many robots are helping humans in the financial market by their artificial intelligence decision making.

For instance, binary options India can be managed by robots. Many auto trading robots are available in the market that is trading on behalf of traders. Binary Options Robot operates through the signals that have a specific expiration time. It means that the binary options signals are not the usual end of the day. The Binary Option Robot trades on several platforms and brokers. Then the robot checks that if an underlying asset and expiration time is available. If it is, then the robot would execute the trade on behalf of the trader.

Traders do not need to be online to complete the trade. The trade will be placed via API access so that traders get some time to enjoy with their family and friends. Binary Option Robot is unique robot. You need to set up a robot settings and based on that, binary trading India signals will be generated automatically.

You just need to accept the signal and robot will place a trade on your broker. Binary Option Robot is compatible with a range of trading platforms, and it operates on a practical, unique, and highly technological mechanism. This robot is perfect for traders who consider chart understanding and analysis time consuming and confusing.

If traders are not online, the robot will trade according to their preferences. There is no need to download anything to start using the Binary Option Robot. It has a great feature that you need to have a computer device connected to the internet and open an account. The software is free, and there is no fee to use it. The sign-up process is simple. You need to open an account and read the instructions that appear when you sign-up.

Follow the guidelines, or you can contact the customer support and clarify the issue. If you are not interested in robot trading, you can check Olymp Trade India and IQ Option India. Thanks to the cryptocurrencies and Bitcoin in particular, there are several Indian Bitcoin millionaires already. This platform is registered in the Republic of Vanuatu, and it is regulated by the Vanuatu Financial Service Commission VFSC. BinBot Pro is operated by a subsidiary of the Finance Group Corporation, Cente Project LTD.

The website of BinBot Pro is multilingual, and they are allowing users from different countries and India as well. They restrict some countries like the USA. Moreover, they offer a variety of services from client email support to live account managers. It is one of the latest trading software which is most advanced in the market. Not only that, it's taken great lengths to create a website that is user-friendly and has all users need to place trades.

It was founded back in and in such a short time managed to rank very high. This platform has a good reputation among members who continue to trust its services daily. This is the reason it boasts of very high numbers that are bound to catch anyone's attention.

The fact that it's managed to be in business for this long and continues to grow proves that it's a reliable platform. As a beginner on this platform, start by checking out the training materials and the demo account. Here you test your trading skills before you set up a trading account. Once you're confident you know what to do then you proceed to create a standard account and start placing trades. This platform is regulated by top bodies like CySEC further cementing its reliability as an honest platform.

You can check out the complete review on our website and be the judge of it. Yet another high ranking platform that goes all out to ensure its users are satisfied it Binary.

With such an impressive history in trading, it's come a long way since starting operations back in It offers a whole host of trading instruments including binary options for users to trade on daily.

It's reliable and honest in its operations which are why it's survived this long and keeps growing. On this platform, you get an interface that is very user-friendly and educative material to get you started in binary trading. It has good staff in 4 different countries and cities namely Dubai, Paraguay, Malta, and Malaysia.

The current total staff is Opt to download the Binary. com app on your mobile devices like a tablet or a smartphone and access your existing account easily. You can trade from anywhere at any time with a good and reliable internet connection. The app has a friendly interface and all the features of the main website. You can even create a new account as a beginner on it. This platform is regulated in 4 jurisdictions including the UK, Malta, Ireland, and the Isle of Man.

Read through the complete review for this platform on the website and decide if it's worth it or not. You get choices when it comes to trading platforms with honest and reliable reputations and Binomo is one of them.

Being a member of the IFC cements this fact because membership comes at a steep price. Only the most honest and transparent ones in there services are accorded membership. Here is a platform with impressive numbers and high ranks that you can't pass it by in your choices. It has a presence in countries and has millions of registered users. Its daily activity ranks at , meaning very many people choose it daily as the best place to trade. You can use this platform and have it translated to 12 different languages making it easier for the diverse group of users to understand it.

Getting started on this platform is very straightforward for all you need is to register a trading account. The best place to start though is with a demo account while taking advantage of the educative material provided on this platform. A demo account gives you a chance to practice all your trading skills even though it's not as funded as other platforms are. Once you're done, proceed to sign up.

It only takes you a few minutes to complete the registration process and choose from the 4 types of accounts. They all have a minimum balance that you have to maintain except the Free account. You can opt to download the Binomo app onto your smartphone or tablet and start placing bets from anywhere at any time. This frees you up and you can be mobile as you place trades and check on their progress.

On this platform, you can take part in different tournaments with lucrative prize funds. It's regulated by the FMRRC Financial Markets Relations Regulation Center. There are pending requests to be regulated by Commodity Pool Operators CPO and CySEC. Visit our website and read the complete review on Binomo then decide whether it's the platform for you.

In , Olymp Trade was set up as a platform where users could take part in online Forex Trading. Since then, it's managed to rise in popularity ranking among the best and most reliable companies in the world.

It was founded by Inlustris Limited and offers a wide range of instruments that you can invest in daily. This is a company with high consideration for beginners in the industry and offers educative materials to help you learn Forex trading.

No one wants to invest and end up with losses. This company equips you with materials on strategies, webinars, and webinars forex for your benefit. You can access this platform in 20 different languages. This is a great consideration because many people are not native English speakers. Also, it's an award-winning company that has caught the attention of many and been rewarded for its efforts of creating a reputable and trustworthy platform.

In it won the 'Best Traders FB Community in Thailand' awarded by Traders Fair. Also in the same year, it managed to win the 'Best Trading Platform ' awarded by The Forex Awards.

Traders are very happy with it because they can withdraw their profits at any time without any additional fees charges to them. You only need to meet the minimum deposit to get an account and no additional fees are charged to it. The company last month managed to have a total of , users active live on their accounts.

This year the company is set to grow even bigger and gain more members in the process. With it being a member of reputable international bodies like the International Finance Commission IFC , no wonder so many people trust it as a worthy platform to trade from.

This is because it's being categorized as an honest company that demonstrates services of the highest quality. You can access them in 8 different languages and using different modes of communication. It takes an agent only 15 seconds to respond. You can opt to chat with them live on the website or its social media pages.

You can even send an email for a detailed question or comment. As a beginner, take your time to familiarize yourself with the platform by creating a demo account. You're not allowed to withdraw the profits you win on this account, however. You need to open a standard or VIP account for that. The complete review is on our website and can help you decide is this is the best platform for you or not. One of the most basic principles of investing is to diversify your portfolio.

This means makes sure you don't put all your money into one trading instrument. The wisest choice is to spread it out on several which increase your chances of turning a profit. Choose between forex pairs and cryptocurrency pairs and never miss an opportunity. It's very simple to get started with Binary Options Robot.

You just need to follow 4 easy steps and you can start trading with automated signal service. Online trading has never been easier. Our signal trading platform is free of charge and very simple to use. Take advantage of bear and bull markets with trading signals on the most popular global trading assets.

Home » Guide » Binary Options in India. Binary options trading is among the most trending terms in the trading sphere at present. For new traders, the excitement of big money within a short time from the comfort of their homes is the ultimate dream.

This is why binary trading options have gained immense popularity worldwide, especially in developing countries.

The world has already witnessed quite a significant growth in binary options trading, and India is no exception. It is absolutely crucial to understand binary options trading as thoroughly as possible if you are considering taking part in trading. This is why we have prepared an information-oriented binary options guide for you, answering every query.

Let us start with the step-by-step guide on binary options trading in India, which will help you figure out how binary options trading works in India. First, you need to pick an online broker platform available that allows Indians to trade binary options.

Before selecting a broker, it is essential to study them well. Make sure to pick a trustworthy platform where you will have no problem collecting your gains. Secondly, every platform has a different set of rules and regulations. Therefore, you must be thoroughly familiar with the regulations.

Quotex entered the market in Within a quick span, it has become a reliable platform among Indian traders. The online broker platform can be accessed through mobile phones and computers. With an easy-to-use interface, quotex offers 9 customizable indicators and 15 drawing tools. 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. Even though there is an evident lack of governing rules regarding binary options trading, this has not stopped the Indians from experimenting.

Indians can trade in binary options using offshore online brokers. As these brokers are foreign entities, they do not need the approval of Indian regulatory forums like RBI and SEBI.

To put it simply, whatever method you choose to use for depositing into the offshore account, the payment will be given in the same way. Before choosing a method, you have to select the currency that you will use for transactions. Due to the restrictions imposed by the RBI on the outflow of Indian rupees, traders must specifically inform why they are moving the money.

Most broker platforms require personal information when allowing you to open an account. Handing over this sensitive information to some offshore brokers is always risky. Therefore, there is always a strong chance of identity theft. One of the most common complaints in binary options trading is that broker platforms often manipulate the software to generate false option prices and payouts. It is tempting to see glossy advertisements from brokers claiming how traders are consistently earning handsome amounts of money on their platforms and how it is effortless to earn a chunky amount against a small investment.

More than once, it has been found to be a fake claim to lure in traders. Binary options trading is setting pretty firm roots in India as we speak. A chance to get some good money in a quick payout is hard to pass by. Sadly, most people in India opt for binary options trading because it is the new trend for making some easy money. But they have little or no idea of what binary options are.

So as exciting as binary options trading is, strategies, plans, and budget restrictions are going to support you a lot. Practice caution at all times. After all, this is your money at stake. Binary trading is outlawed in India, with the exception of several other nations. Binary trading or any type of online exchange-traded currency is not authorized in India, according to RBI regulations.

If the person traded unlawfully, the person would be penalized a maximum of INR for the particular day in question.

We recommend leaving 2 or 3 percent for restore pints but you may be able to get away with the lowest 1 percent. You can give your consent to whole categories or display further information and select certain cookies. Peruse total audits on them on our site, then, at that point, settle on your choice. All you need to know about high-frequency trading. Percival Knight. The best Binary Broker for traders: Accepts international clients Min.

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