Quotex31 (1)
Binary trading platforms have seen a sharp rise in popularity among Indian users, and Quotex has quickly become one of the go-to choices. But before diving in, it’s critical to understand: Is Quotex legal in India?
In this updated 2025 guide, we break down its legal standing, features, and how it stacks up for Indian traders—so you can trade with confidence.
Understanding the Legal Status of Quotex in India
Many traders in India are uncertain about whether platforms like Quotex are legally allowed. Here’s what you need to know.
Quotex is not regulated by Indian financial authorities such as SEBI or the RBI. However, it operates under the International Financial Market Regulation Center (IFMRRC), a recognized offshore licensing body. This means Indian users can legally trade on Quotex—but at their own discretion. It is not banned in India, nor is it endorsed by Indian regulators.