Every Trader Needs to know about IQ Option in India

5 months ago

Every Trader Needs to know about IQ Option in India

India is the second to the most populous country in the world that is home to one of the largest group of working class people, who have an increased affinity towards investing in the several attractive opportunities available throughout the globe. IQ Options still remains as one of the ways how to make money in trading communities around the world and India is no different.

Is IQ Option legal in India?

In online trading, there has been tremendous growth and India is not behind. Since the introduction of binary trading, It gained popularity quickly in India, with more investors wanting to invest in binary options. However, the majority is still not aware of the application of binary options. So the most important question that the Indian traders always ask is, “Is IQ option legal in India?

 Even though Binary Options trading is a very popular form of trading globally, there are some countries where it is outlawed completely, and India is one of them.

IQ Option Deposit Method in India

IQ Option offers its customers many ways to make deposits and withdrawals to their trading accounts. There is a minimum deposit of 10 USD/GBP/EUR. You can choose your own preferred form of deposit, and IQ Option does not charge any fees for depositing funds.

To make your first deposit, the first step is you need to go through is the account verification process, which in the EU involves adding your personal information, phone numbers, adding your trading experience and uploading photo identification. Different countries will have different requirements and also will need verification to make withdrawals from the site.

 Risk Warning: Always remember that with trading, you should know the risks beforehand – these are volatile markets where it is completely possible to lose a large amount of money if you do not know what you are doing. Make sure to do your research, learn the platform inside out and never risk more money than you can afford to lose.

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