CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Most retail accounts lose money.
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WarningIQ Option

IQ Option on the RBI Alert List in India

The Reserve Bank of India includes IQ Option on its Alert List of entities not authorised to offer forex trading to Indian residents.

By , investing in forex and CFD markets since 2017. Published . How we test

Key points

  • IQ Option is on the RBI Alert List
  • The list covers platforms not authorised for Indian residents
  • The warning appears on our India ranking

The Reserve Bank of India includes IQ Option on its Alert List of entities not authorised to offer forex trading to Indian residents.

The same list includes other international trading platforms, among them XM.

Indian residents trading forex with unauthorised platforms risk action under India's foreign exchange rules. We show this warning on our India page.

This item is shown as a warning on our rankings for India.

Source: Wikipedia (citing the RBI Alert List). Written in our own words by the Broksal Team; see our methodology for how we cover news.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.

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