Read this before acting on anything published on this site.
Binary options are high-risk speculative products. A payout percentage is the return on a winning trade, not an expected return — at a 92% payout, a loss costs 100% of your stake while a win returns 92%. That asymmetry is the structural edge against you, and no strategy removes it. Never trade money you cannot afford to lose entirely.
Nothing published on this site constitutes investment advice, legal advice, tax advice or a recommendation to buy, sell or trade any instrument. We are a publication, not an adviser, and we hold no licence to advise.
Content is general information about how platforms behave. It takes no account of your circumstances, objectives, financial position or risk tolerance. Before acting, consult a SEBI-registered investment adviser and, for anything tax-related, a chartered accountant.
No binary options platform covered on this site is authorised or regulated in India. All appear on the RBI Alert List of entities not permitted to deal in foreign exchange under FEMA, and none holds a SEBI licence — because India has no licence category for the product.
Indian residents remitting funds to unauthorised platforms may be exposed under FEMA, which carries monetary penalties. There is no Indian regulator supervising these platforms and no local dispute resolution mechanism available to you.
Winnings are taxable in India under Section 115BBJ at a flat 30% plus cess, with no set-off or carry-forward of losses. Foreign platforms do not deduct TDS under Section 194BA, so the entire reporting obligation is yours. Our tax guide is reviewed by a chartered accountant for accuracy, but it is general information and not advice on your situation.
Figures published here come from our own testing at a specific time, on a specific account, from a specific location. Payment processor availability, payout rates, execution latency and withdrawal times all change. A platform that paid us reliably has no enforceable obligation to pay you.
We verify regulatory status against primary sources and record the date, but lists change between our checks. Verify anything that matters to you directly.
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We do not operate, control or have any relationship with the platforms covered beyond affiliate programmes where disclosed. We are not responsible for their conduct, their terms, their solvency or their treatment of your account. Any dispute is between you and the platform, and in practice you will have no Indian forum in which to pursue it.
To the fullest extent permitted by law, we accept no liability for any loss arising from reliance on information published here. You are solely responsible for your trading decisions and for your compliance with applicable law and tax obligations.
This site is intended for adults of 18 years or older. Nothing here is directed at minors. If online gaming or wagering is restricted in your state, the restrictions may apply to you — take local advice.
If you are chasing losses, borrowing to trade, hiding trading from people close to you, or trading money you need for something else, those are recognised warning signs. Stop, and speak to someone. Financial and behavioural support services exist in India, and using one is a good deal more sensible than the next trade.
Risk warning. Binary options are high-risk speculative products and the majority of retail traders lose money. A payout percentage is the return on a winning trade, not an expected return. Quotex is not authorised by SEBI and appears on the RBI Alert List; Indian residents remitting funds to unauthorised platforms may be exposed under FEMA and have no local dispute resolution. Nothing on this page is investment, legal or tax advice. Consult a SEBI-registered adviser and a chartered accountant before acting. Never trade money you cannot afford to lose entirely.