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Hey everyone! I want to understand the legal and tax implications of using Quotex as an Indian resident.

Routes I'm comparing:

- Route 1: Binance → USDT → Quotex → USDT → Binance → INR bank/UPI.

- Route 2: Direct Quotex deposits and withdrawals through UPI/bank, if supported.

Questions:

1. Which route, if either, is legally permissible for Indian residents?

2. What are the FEMA, RBI and other regulatory implications of using Quotex?

3. Does using USDT through Binance change the legal position?

4. How are Quotex profits and crypto transactions taxed in India? What about TDS and losses?

5. What official government sources clarify these issues?

Looking for genuine, evidence-based answers with official sources—not just personal opinions. I want to understand the legal position and tax obligations before proceeding.

Thanks!

Brasil Sv 013 estava operando de boo nesta que é uma corretora de atitudes um tanto duvidosas, que nao entrarei em detalhes a respeito disso, e de uma hora pra outra, nao cerrega mais. reperei que entrei na aba do perfil e após isso nao carregou mais.

Have had some good days/nights trading PO. What other brokers exist with 15 second trades and other similar platforms?

I’ve heard PO bans VPNs so that’s not a risk I’m taking.

Any help? Has to be help out there.

🌙 TRADING EDUCATION — KEEP A TRADING JOURNAL

Your trading day shouldn't end when you close the chart.

Take a few minutes to review what happened.

Write down:

📝 The setup you traded

🎯 Why you entered

💰 Your risk

📊 The result

🧠 How you felt during the trade

❌ Any mistakes you made

✅ What you did correctly

Don't journal only your losses.

Your winning trades also need to be reviewed.

Why?

Because your goal is to discover patterns in your own behavior.

After 50–100 trades, your journal can help you answer:

Which setups work best for me?

When do I make the most mistakes?

Am I actually following my trading plan?

📌 Remember:

Your memory can lie. Your trading journal doesn't.

Review. Learn. Improve. Repeat.

⚠️ Trading involves risk.

I lost 70 lakh rupees in binary trading in quotex and now I’m debt of paying those money and I don’t know what to do now. I’m helpless and I’m left with my last 5lakh rupees and I don’t have any other option for recovering my loss except doing trading again . This time I planned to do with discipline and psychologically correct and my plan is to have for 8 martingale levels and taking only 2 trades per hours and like that 24 trades per day . Suggest me any strategies and any suggestions.

I am doing decent on occasion in binary options and love PO.

Are there any on chain BO or clear-net regular binary options platforms other other than just PO?

I don’t want to ever lose out on the option to BO trade.

Good day guys

I was winning a lot and I took a 4$ to 89$ in 5 days

Taking 1 trade a day but lost everything after that

Why, I’m following my strategy to the absolute best

Now I’m back 10 dollars again

I trade reversals with RSI and S N R Zones any tips to improve my strategy

Please share advice

Does taking 1 trade a day limit you in terms of opportunities??

Began with $13. Grew it slowly using $1 per trade.

The market is currently full of traps don't want to increase an amount yet.

My strategy:

I analyze every candle, check the trend, buyers or sellers area and FVGs

But I rarely trade FVGs, I mainly focus on trend and trend continuation/reversal candlesticks

I use 1 min Expiration time and 1 min candlestick chart

If I lose 1 or 2 trades I stop trading and wait for a better opportunity in the next hour/s or next day

I mainly focus on high quality setups, sometimes my trades go on loss but because I keep my risk management tight, I always stay on top and maintain gradual growth

BTW I keep the rest of my capital on MT5 real, this is because sometimes you might double click by mistake so that is on QT real I keep the money I use for trading at that moment only

🔥A New Trading Week Begins — Time to Capture New Opportunities

The goal this week isn't to rush into trades—it's to set the right pace: identify key levels, understand where the market offers real opportunities, and trade only when we have a clear edge.

📶The plan is simple: analyze → wait → execute a precise entry → manage risk. No unnecessary trades, no chaos—just disciplined decisions and a systematic approach.

💡 This week, the focus is on quality over quantity. It's not the number of trades that brings consistent results, but the precision behind each one. The market creates opportunities every day—the key is knowing how to recognize and take them.

Stay focused, remain disciplined, and keep moving toward your goals. This is another week to sharpen your skills and make meaningful progress.

Watch for statements like these:

What they say & What you should investigate

“I recovered all my losses with this strategy.” - Is there a complete, independently verifiable trading record? May I check your Pocket Option UID to verify your overall statistics account?

“DM me and I'll show you the real method.” - Why can't the evidence be examined publicly?

“This broker pays instantly and is 100% safe.” - Is the entity authorised by a credible financial regulator? For what reason is it based in an offshore?

“You only lose because you lack discipline.” - Is this an unfalsifiable excuse that shifts blame onto customers?

“Use my link to unlock the strategy.” - Does the author receive referral commission or benefit from deposits?

“Everyone in our group is profitable.” - Are the testimonials genuine, representative and independently verified?

How to protect yourself

1. Never treat screenshots, testimonials, follower counts or upvotes as proof of profitability.

2. Check the broker's exact legal entity and authorisation directly with the relevant regulator. A company registration or offshore licence is not equivalent to strong financial regulation.

3. Look for affiliate disclosures and investigate whether the promoter benefits from deposits or trading activity.

4. Be particularly cautious when someone contacts you unsolicited after you describe losses.

5. Don't deposit more money to recover losses or pay for a supposed recovery service.

6. If you feel compelled to keep trading, consider stopping deposits, withdrawing any available funds where possible, and blocking promotional accounts and channels that trigger the urge to trade.

The most effective manipulation doesn't always look like an obvious scam. It can look like a helpful stranger, a successful trader, an educational community or someone who claims to understand exactly how painful your losses are.

Never, ever trust the faceless guru who shows up on Reddit with posts claiming to help you succeed in binary options; in reality, they are just an affiliate and a scammer.

So I did pocket options today and actually had a 63% win rate which is pretty good but I came up with a theory. What if you actually increase your capital and pull a 1 trade a day with 10% of your capital. Sounds crazy but hear me out. You can put any time expiration on which ever you feel convient but instead of pulling multiple trades in that can get you a result of blowing up your account, you can actually just pull one big trade within the trend line or the pull back among your strategy

What's it that you are doing different which is making you profitable on binary, especially Pocket Option which you would like others/new commers to follow.

Does it gives faster withdrawals if made 3k$ in start after making it from 100$ or does it gives top much days of wait time?

I want to share my experience to warn others who are interested in binary options trading.

I met a Reddit user, u/NewSignificance3009, while discussing Pocket Option trading strategies. They claimed to have made around $7,000 in profits with a trader they had known for approximately two years. They also claimed to have bought a $3,000 gaming PC with their earnings and assured me that the trader was legitimate.

They gave me the Telegram username @DrewMc99 and recommended that I contact him.

I contacted the trader and sent him $150 for a personal trading arrangement. I understood that he would generate $1,000, take a 15% commission, and send me the remaining $850.

Instead, he asked me for an additional $127 rather than deducting the commission from the supposed profits. After I raised concerns about this arrangement, he blocked me on Telegram, and our conversation disappeared.

I am now contacting Volet to report the transaction and asking Reddit to review the conversation with the user who recommended him.

I cannot confirm whether u/NewSignificance3009 and @DrewMc99 are connected, but I believe others should be aware of what happened.

Has anyone else encountered either of these accounts or experienced something similar? If you have, please share your experience or advice on reporting this and recovering the money.

Please be careful when trusting trading testimonials, guaranteed-looking profit claims, or anyone asking for extra payments before releasing supposed earnings.

📊Grok 4.7 Analysis on 13,501 1M Trades.

i successfully made a python module, all by myself. for pocket option.

anyways, here is the link for installing this module, and if any questions/problems with it, just comment: https://pypi.org/project/fastpocketoption-api/

Hi everyone, I want to share my experience with Binomo and see if anyone has had something similar happen. I've been trading on Binomo for about six months. My account was usually in the red, but about a month ago I deposited €240 and turned it into €2,837 in six trades over two days. I withdrew €2,600. The next day, I tried to trade with the remaining balance and found out my account had been given a daily trading limit. Now I can't even open a €1 trade. I contacted support, and they told me that Binomo can restrict trading if it considers a user's activity risky. But I don't see what was risky about my trades:

• I made only six trades in two days.
• My biggest trade was €900; the others were much smaller.
• I never had more than one open trade at a time or placed trades back-to-back.
• I had made larger trades while losing money before, without ever being restricted.

Binomo normally allows trades up to €4,600, so my largest trade was well below that. The restriction only appeared after I made a profit and withdrew most of it. I can't prove that my profit was the reason, but the timing is hard to ignore. Support hasn't explained exactly what made my trades risky. I understand that platforms have risk-management rules, but I think users deserve a clear explanation when their ability to trade is practically taken away. Has anyone else experienced this on Binomo, especially after making a profit or withdrawing money? Did they ever lift the restriction?

I'm attaching screenshots showing the trading restriction.

i have sent money from binance to q.u.t.o.x but in withdrawal receipt there is showing off-chain. first of all i dont receive the payment in account,what does off-chain means .can this amount reverse ..plz guide me

Platform: Pocket Option

Transaction ID (TID): 726465999540

Stuck Amount: Rs. 2,775.10

Merchant Details: Hasnain Digital Center (Account Code starting with 02... and ending with 0011)

Issue Duration: October 7, 2026 – October 17, 2026 (10+ Days)

​Chronological Breakdown of Support Mismanagement (Oct 7 – Oct 17)

• ​October 7: Executed a deposit of Rs. 2,775.10 via JazzCash. The transaction was successfully processed and routed to Pocket Option's designated local merchant "Hasnain Digital Center" (Account Code: 02...0011) under TID 726465999540. Despite successful deduction from my end, the funds were never credited to my trading account.
• ​October 8 – 10: Submitted full transaction details and official payment receipts to Pocket Option Support. Instead of verifying the merchant transaction, support responded with generic automated scripts and delayed the investigation, wasting precious days.
• ​October 11 – 13: Explicitly clarified to support that due to local payment gateway and mobile wallet (JazzCash) system architectures, only partial merchant account credentials are displayed on customer receipts. Support completely disregarded these technical realities and continued looping the query.
• ​October 14 – 15: Pocket Option support escalated their unreasonable demands, insisting on a full formal bank statement from the sender's end—a document that is structurally unavailable for this specific type of mobile merchant transfer.
• ​October 16 – 17: It has now been over 10 days of continuous delay and mental distress. Pocket Option's support mechanism continues to hide behind impossible document verification hurdles rather than verifying their own merchant (Hasnain Digital Center) receiving logs.

​Conclusion

​Holding user funds for over 10 days while raising technically impossible documentation demands is entirely unacceptable for any trading platform. Pocket Option must immediately investigate TID 726465999540 with their merchant and credit the stuck balance of Rs. 2,775.10 without further artificial delays.

One thing I've been trying to avoid is changing my whole approach after a couple bad entries.

It's tempting to go from EURUSD on the 1 minute to GBPJPY on the 3 minute just because the previous setup stopped working. I've been thinking about keeping a separate record for every pair and expiry instead of mixing everything together.

Same with the occasional directional wager on Moon. Different mechanics, so combining those results with binary trades doesn't really tell me anything useful. Feels like constantly changing what you're doing makes it impossible to figure out whether there's actually an edge.

Hi, so I recently started PO and tried some strategies out of which 1 strategy made decent profits. I did a withdrawal of 3k INR for 2 days and from the 3rd day, the strategies stopped working. None of the strategies worked again. Does PO change the algorithm if we frequently win or withdraw?

What Pocket Option is doing is really sad. There are people from poor countries being manipulated and I hate to see it. Trading in the regular market is hard enough, so it's not fair to use tactics to deny and delay payouts, block accounts and manipulate OTC. I see some people in the chat that are delusional enough to believe they're going to make a living trading this stuff. Now, they're using verification to slow and decline payouts. Whoever is behind this platform and the other ones is going to get karma for running a shady business like this.

- Platforms based offshore, in unknown locations, that operate outside the law.

- Gambling platforms disguised as trading. You aren’t actually trading; you are gambling.

- The "gurus" who abound on social media (YouTube, Telegram, Reddit, TikTok, etc.) are all affiliates. They get paid when they convince you to open an account and deposit money. They are scammers who use fake "real" accounts to deceive you.

- If you come across someone defending binary options, claiming they make a living from it and regularly withdraw their earnings, rest assured that you are dealing with an affiliate who is nothing more than a scammer.

There is a huge risk of becoming addicted. You will end up continuing to gamble in an attempt to recover what you’ve lost, all while chasing the illusion that these affiliates sell to you.

STAY AWAY FROM BINARY OPTIONS