Fixed Time Trading: A Course for Beginners. Olymp Trade is one of such. In China, it is legal to trade currencies, but you cannot open an account with a foreign broker. 075%, and it offers a leverage of 100x for its users. In fixed-time trading, you must predict whether an asset’s price will rise or decline over a given. Binomo. Means, according to SEBI circular 2017 (link at the bottom. com by Kenneth Rivera. Some websites (blogs) says that it is not technically illegal. In India, forex trading is legal. Despite the tax implication, the legality aspect of Bitcoin and cryptos hasn’t yet been discussed. Brokers or their authorized persons or any of. That is why options are so popular. Such UPSI typically relates to decisions made by the company’s board of directors but is not yet public knowledge. rose to prominence in a short amount of time as a well-known stock trader and self-made millionaire At just 22, he is a successful day trader. Please confirm the platform's legality for. Is forex trading legal? Understand the legal framework of Forex and how it affects your investments. Profitable Fixed Time Trading; CONS. Algorithmic trading automates the trading process using computer algorithms. These include the immediate execution of trades, immediate settlement of transaction costs and zero interest rates on trades. Equity Trading, US Stocks, Direct Mutual Funds with Zero-commission. The best time for trading in India is between 9. CoinDCX has been the first exchange. There’s an additional surcharge that depends on the income bracket of. Zerodha Streak is one of the best algo trading software in India and it can only be used by Zerodha clients. This material is not intended for viewers from EEA countries. Fixed Time Trade is a trade with a financier to fix the exchange rate of a currency pair or other asset. 40 p. To specifically answer the question “Is Binary Options legal in India?” – the answer is “No,” it doesn’t have a clear legal status in India. You must, however, ensure that you are compliant with the rules,. Here is the way how we can help you to answer all your questions by providing a FAQs section. Olymp Trade is an online trading and investment platform that offers a variety of assets and trading modes, such as Fixed Time, FX and Stocks. Not every domestic forex market is open around the clock. This comes at a time when India has. Fixed time trade, or FTT, is a type of asset trading where the time is fixed. Secondly, to carry out forex trading in India, traders typically use currency derivatives such as futures and options. iForex – Great for one-click deal execution. k. FXTM – Low INR Minimum Deposit. D. The trader agrees to buy or sell a security at a future date at a set price. The work is done online with the help of specialised softwares. FXTM – Best for fast trading platforms. Country. The regulator late on Monday told banks not to cite a 2018 central bank circular as a reason to hinder crypto trades. Beware of fixed/guaranteed/regular returns/ capital protection schemes. It has been there since. However, an audit is compulsory if your annual turnover (generated by scalping) is increased by more than 1 crore. Trading in the equities segment takes place on all days of the week except Saturdays and Sundays and trading holidays declared by the Exchange in advance. Algorithmic trading implies the execution of trades on stock exchanges without much human intervention (except for tweaking the algorithms according to the required trade positions) using computer programs and software. ”. While most platforms are permitted, this is mainly because Indian laws don’t have apparent regulations regarding online trading. Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental theretoOnline trading has always been a hot topic for the Reserve Bank of India and there have been many discussions to limit this service for individual and retail investors. The India National Stock Exchange does not have. Streak is loaded with a number of features that can help stock traders get the most out of trading. MUMBAI | BENGALURU: Crypto currency companies are expected to revive plans to invest and expand their business in India following a Supreme Court verdict overturning a Reserve Bank of India notification that had restricted banking access for virtual currency trading. It is a type of trading in which the trader does not buy or sell the underlying asset. Day trading is an extremely stressful full-time job: Watching dozens of ticker quotes and price fluctuations to spot fleeting market trends demands great concentration. To open a trade, set the time of trade execution (option expiration time). Zerodha. Here is our list of the best forex brokers in India 2023. Unlike currency trading in India, which is strictly regulated by the Securities and Exchange Board of India, Indians dealing binary has no similar legal constraints. m. It is one the easiest and most successful ways to get a regular stream of income form financial markets without investing a lot of time or effort in analysing the financial market. If your prediction is correct, you make money. RoboForex — supports Forex, stock and crypto trading. Fixed time trades are an acquired. Important Forex Trading Rules & Regulations in India. - Low forex CFD fees. There are different trading hours for different segments on Indian stock exchanges. Trading Hours Summary: The India National Stock Exchange is open Monday through Friday from 9:15 am to 3:30 pm India Standard Time (GMT+05:30). Even though the Indian stock market timings are from 9. It is a type of trading in which the trader does not buy or sell the underlying asset. The Reserve Bank of India on Wednesday extended trading hours for various markets regulated by it. (erstwhile Zerodha, hereinafter referred to as Zerodha) is a member of the National Stock Exchange, Bombay Stock Exchange and Multi-Commodity Exchange in the Equity, Equity Derivatives segment, Currency Derivatives segment and Commodity segment having its registered office at #153/154, 4th Cross, Dollars Colony,. AlgoNomics – Best for using Multiple Trading Strategies. All rights reserved. Forecast whether the price will rise or fall by pressing Up or Down. It is an official and legit business based in Saint Vincent and the Grenadines. Zerodha Broking Ltd. Legal Status of Olymp Trade Trading in India; Is it safe to deposit money in Olymp Trade India? How does Olymp Trade Trading Work in India? Is Olymp Trade Legal in India? Yes. Here is why. The extended hours provide more opportunities for traders to enter and exit the market, leading to more activity and liquidity in the market. Their experienced employees, excellent tools, customizable reports, reliable services, and many more features make it the best trading app in India. An authorised person or electronic trading platform is an entity authorised by the Reserve Bank of India to deal in forex, as per the regulator. Yes, it has some right trade instruments, such as. Enter the desired trade amount. To make sure you stay on the right side of the law, we’ll introduce 3 sub-sections. 5 billion in CY 2016. From the beginning, this broker does not charge any commissions per trade executed on the standard account. Sale fixed at a future date, for a prefixed price and quantity of commodity. IQ Option is a multi-asset trading platform where traders can trade forex, binary options, cryptocurrencies, stocks, ETFs, commodities, ETFs and more. An insider is a person who is a part of the company whose stocks they are trading. Formal training is not essential. A transaction fee of 0. 4. The ED issued orders for provisional attachment. High-Frequency Trading ( HFT) is a wide term with no precise definition in any statute. Recent Posts. 2. – 4. The situation in India is the same as in most other countries. Binary Options and Fixed time trading have an expiry of 30 seconds, hours. Vincent and the Grenadines Financial Services Authority (SVGFSA). EUR/USD as low as 0. An unregulated crypto market is unfavorable and risky even when the government wants to. Leverage is nothing more than employing debt to buy a security or implement an investment strategy. To better illustrate why Olymp Trade does not need to charge fees while not being a scam: two traders are placing opposing Fixed Time Trading on the platform; Charlie believes the price will go up. Here is how to do it in 3 simple steps. On Olymp Trade, go to Assets -> Fixed Time; Select an instrument from the list. If you are a resident of India and are trading through. Day traders may need to declare that they have business income as opposed to capital gains. You can buy a binary option for $1 to $100 and bet on the result you believe is most likely to happen. Es una muestra de que con las estrategias adecuadas y la experiencia, el trading de forex o fixed time es rentable. The best part of this algo trading software in India is that one can trade anytime, anywhere. The answer is yes. Watch this video guide to effectively trade with the Relative Strength Law trading strategy in Olymp Trade’s FTT mode! Chasing the Trend. It has started support in the Hindi language for Indian traders. Pepperstone is an ECN broker; ECN brokers don’t trade against their clients, and all trades go straight to the Forex and CFD market. Customer Support. Yes. 14 NewThe Foreign Exchange Management Act (FEMA), set forth by the Reserve Bank of India, is the legal framework for forex trading in India. #1. In comparison to other nations, India’s. Useful. As at 31 March 2021, the Financial Conduct Authority (FCA) had 17 market manipulation cases open according to its 2020-21 Annual Report (see. PocketOption — great for options trading with a simple platform. Insider trading is prohibited in two ways under the Law. 1. Put options, on the other hand, allow you the right to sell something in the future. You can work from the comfort of your home. The online trading platform IQ Option is one of the top binary options brokers and the best binary trading app in India. Saxo Bank. 15AM, the first few minutes may be volatile due to price adjustments. Prohibitions on trading in binary options or forex trading in India are also present in the Foreign Exchange Management Act (FEMA). High-quality/Legit products are offered by legal MLM companies to their customers, and, these products are backed by certificates of quality. In this entire span (from 2018 to the present), trading cryptocurrencies have never been illegal in India. Trading stocks and forex can be halal if done correctly. ExpertOption is one of the few trusted brokers for Fixed Time Trade trading. Trading in Fixed Time mode is an easy way to profit from changes in assets' prices. Even though the strategies made for the usage of Forex in India are managed for the safety of its people Traders are always confused about forex. Well, the answer is both yes and no. i. 4. Binary options are not promoted or sold. 30 PM. The Best Forex Brokers In Bangladesh. Fixed Time trades, Forex Options, Fixed Time Contracts are almost the same or similar to Digital Options or Binary Options with little or no difference. It will ensure you are not left with no money for the next day of trading. It can be applied to a variety of markets including forex, cryptos, stocks and indices, but can rapidly descend into gambling without a considered strategy. 7/5. A bench of Justices DY Chandrachud and Surya Kant, which was dealing with a case related to the quashing of multiple FIRs registered against one Ajay. #3. However, when done through specific forex trading systems and with INR as the foundation currency, forex trading is considered legal. You can make a lot of money on a small-time horizon, and the market has to move only 1 point in your predicted direction. Just like in any form of trading, you have two options to choose from. It is not legal for. 2. This framework describes, among. The Securities and Exchange Board of India (Sebi) has proposed a fresh regulatory framework for algorithmic trading or algo trading by retail investors. Through forex trading in India has legal sanction, there are strict rules that govern currency trading in India. In Indian standard time (IST), from 2:30 am IST on Monday till 1:30 am on Saturday. There are two trading modes on Olymp Trade: Forex and FTT (Fixed-Time Trades). Trade Ideas: Best AI Stock Trading Bots & Performance. How to Open a Trade in Fixed Time. m. From the above discussion, it is apparent that the legal standing of gambling varies from the type of game to the state’s. This fixed time trading strategy can be used for timeframes ranging from 10 minutes to one hour, and the duration of the trade should be three times longer than the chosen timeframe. Trading Hours Summary: The India National Stock Exchange is open Monday through Friday from 9:15 am to 3:30 pm India Standard Time (GMT+05:30). Premium The forex trading sentiment was further bolstered by robust capital inflows and domestic equity indices hitting fresh all-time highs as investors turned. HFM – High Indian Trust Score. When the price creates a long green candle, it breaks out of the resistance and. 795 K-City, CBD, Kisumu 40100, Kenya. In fixed time trades trading, the risk is fixed at the time of order execution and limited to the amount of your investment. It is also worth noting and impeccable support for all customers. Add Bank Details for Buy USDT in India with INR. Select the desired trade duration. Example of Binary Trading. Securities and Exchange Board of India is made for protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto. The discount amount, INR 20,000, is distributed equally amongst all the 20 members, after. Trade Ideas is the leading AI trading software for finding day trading opportunities. A country has either Fixed exchange rate system or Floating exchange rate system. BlackBull Markets , Best ECN trading environment, with. Note: These apps are not exclusively for forex trading, but they allow you to trade currency derivatives on the NSE and BSE platforms, which are the only legal ways to trade forex in India. We would like to show you a description here but the site won’t allow us. In this article, we will be discussing various aspects of this concept!Cryptocurrencies, on the other hand, aren’t legal tender, which is why one can mine for them — however, it is unregulated at the moment. g. 2 important signals to open an order in Fixed Time Trade. To open a trade in Fixed Time mode, just follow these 4 steps: Select the Fixed Time mode and the asset you want to trade on. 2023 Morgan Stanley Early Careers Amplify Trading Event - 7th December. 5. MetaTrader 5 – Best for Professional Traders. 2 with fixed. 00 a. The Currency Trading Exchange or you can say Forex Trading Exchange is probably the most dynamic market in the world. Online Tutoring. The work involves drafting of certain documents on the basis of templates, reviewing documents, running company searches, legal research, Compliance to various laws, proofreading documents etc. Legal Status of IQ Option Binary Trading in India. If not, you lose money. Olymp Trade – One of the most trusted. With Olymp Trade, you can spend less and gain greater. Yes – however,. Bonus deposit – Yes. Hence such a partnership will not be a partnership at will, it will be a partnership for a fixed term. Ans. The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have the power to set up a regulatory framework for trading binary options in the country. #1. (erstwhile Zerodha, hereinafter referred to as Zerodha) is a member of the National Stock Exchange, Bombay Stock Exchange and Multi-Commodity Exchange in the Equity, Equity Derivatives segment, Currency Derivatives segment and Commodity segment having its registered office at #153/154, 4th Cross, Dollars Colony,. Overall, leverage trading is perfectly acceptable in Islam. Zerodha Broking Ltd. These new brokers that crop up are a blend of both genuine, unregulated, and dishonest scammers that put most aspiring traders in India at risk of deception and losing money. Forex trading in India is legal only through authorized and registered brokers with SEBI. The stock market timings are mainly divided into three sessions. Algo Trading Software in India - Algorithm trading is a method of executing trades by feeding instructions to a computer program that follows a predetermined set of rules. He prefers to trade on EUR/USD, USD/JPY and index assets that are available 24 hours a day. No commission on deposits and withdrawals and the best exchange rate among Forex brokers are always at your service when you trade with us. 2. Taking advantage of this, you decide to sell those 100. For NSE Currency Derivatives and BSE Currency Derivatives, the hours are 9:00 AM - 5:00 PM. It promises to repay you the principal amount with a fixed interest rate after a particular tenure. So far, the broker has maintained an excellent reputation not only in the country but worldwide. 2020 – The Supreme Court of India quashes that ruling and opens the door to crypto exchanges and crypto brokers supporting trading in the country. You can switch to Forex Trading and Options trading easily by clicking on it. The market registers a daily trade of nearly $5 Trillion, Currency trading has been steadily gaining momentum in India. "It has now been decided to restore market hours in respect of call/notice/term money, commercial paper, certificates of deposit and repo in corporate bond segments of the money market as well as for rupee interest rate derivatives," RBI said in. Fixed Time Trading: A Course for Beginners. In India, you can only trade via registered exchanges, and you cannot finalize spot transactions. FBS – Award-Winning Broker in South Asia. When the price creates a long green candle, it breaks out of the resistance and goes up. Get Directions. So, to answer the question of whether gambling is legal in India, there’s no one-word answer. DEFINITION: A binary option is a type of derivative option where a trader makes a bet on the price movement of an underlying asset in near future for a fixed amount. – 3. The lawyers in the LPOs work on matters relating to foreign laws. Company rule in India (sometimes Company Raj, from Hindi: rāj, lit. In India, forex trading is permitted, but it comes with certain restrictions. Hence, it is paramount to have a good internet connection. CMC Markets - Low forex fees. Closure of the company under the aforesaid Act and Code can be. The India National Stock Exchange is open for a total of 6 hours 15 minutes per day. Now lets discuss feature of each trading platforms, their pros and cons. Pay anyone, anywhere, anytime with Groww Pay. I am providing few links on which it is stated. Indian traders can start with a low minimum deposit of $ 10. FEMA states that trading in foreign currencies is allowed in India with certain restrictions. Dengan Fixed Time Trades, investasi, kerugian, keuntungan, dan cakrawala waktu Anda akan diperbaiki. This is variously taken to have commenced in 1757, after the Battle of Plassey, when the Nawab of Bengal Siraj ud-Daulah was defeated and replaced with Mir Jafar, who had the support of the East India. your username. Great web and mobile platforms. Closing Time: 5. New Delhi, UPDATED: Dec 10, 2021 16:09 IST. Nuvama mobile trading app has a significant presence in retail mutual funds and stock market trading. Due to that fact, so many FTT brokers have cropped up in the Indian market. It all depends on what segments you trade on. Typically, ROI from fixed time trading ranges between 80% to 90%. 30 PM. 15 a. Do not forget to use the economic calendar of events for trading – a good assistant for an experienced trader. 75 crore of an online app, OctaFX in an illegal forex trading case. A legal MLM company Will offer a fixed time to its members to achieve financial benefits. The principal law in India controlling income tax on earnings from dealing in commodities is this one. The RBI is responsible for managing currency exchanges and brokerage firms under the FEMA Act of 1999. Overall, leverage trading is perfectly acceptable in Islam. This means that you can buy or sell your stocks on BSE or NSE at any time between this. 5paisa. 262500 + Rs. After watching all seven Fixed Time Trading video lessons, you will be 100% ready to try out FTT on Olymp Trade in both demo and real accounts. eToro – The Overall Best Broker for OTC Trading. The trader agrees to buy or sell a security at a future date at a set price. Although stock markets open at 9. Fixed Currencies. Fixed Time trading is just another name for binary options trading. The Enforcement Directorate (ED) has provisionally attached assets worth ₹34. That said, the investment that the trading platform's leverage is being used for must be in compliance with Shariah. The payout for Binary Options with Olymp trade is up to 90% for a winning trade. FXTM – Best for fast trading platforms. Enter the desired trade amount. It has been subjected to various restrictions and limitations. The most basic way to practise paper trading is by using pen and paper. You will need to work with a locally based broker in order to get into Forex trading in the country. How does IQ Option Trading work? Olymp Trade’s accreditation in FinaCom is a good sign that company is a legitimate fixed-time trading broker. Research and Analysis: Many trading apps offer research tools, news, and real-time market data to help users make informed investment decisions. Claim your Bonus deposit using promo code 30up. SEBI is the market regulator for forex trading in. Halal trading accounts are also known as ‘swap-free accounts’. eToro – Great for multiple trading assets options. How does IQ Option Trading work?Olymp Trade’s accreditation in FinaCom is a good sign that company is a legitimate fixed-time trading broker. OctaFX is legal in India as long as it does not indulge in fraudulent activities. Olymp Trade ranks 3rd among Stock Trading sites. So, if the maximum discount is INR 25,000, the prize money of INR 75,000 will be received by the winner. Save time for trading. Forecast whether the price will rise or fall by pressing Up or Down. 2. Open Free Account. SEBI, RBI. However, citizens are not allowed to trade on electronic or online currency trading platforms. Now a professional trader, Helmi has made most of his profits by trading currency pairs in Fixed Time Trades mode. You can buy a binary option for $1 to $100 and bet on the result you believe is most likely to happen. Should you really invest money into this type of trading? – Find out in the next sections. Iron Trade Promo Codes, 50% Bonus and Discounts;Taking notice of the increasing number of offshore foreign exchange trading platforms, the State Bank of Pakistan (SBP) has clarified that buying products/ services from such platforms is prohibited and against the laws of the land. , three and a half hours after Japan's and two and a half hours after Hong Kong, Australia, and. Opening a trade in the Olymp Trade Fixed Time Trading mode is easy as you have only a few parameters to set. Your bank fixed deposit may no longer be accepted as collateral for trading in the stock market with clearing corporations, the entities that handle settlement and delivery of trade on the bourses. In Fixed Time Trading, you are making predictions about the price movement of various financial instruments such as stocks, metals, cryptocurrencies, currency pairs, and indices over a fixed duration of time. 1. You can open a new account with the forex broker on its website. There are many types of trading, but FTT is unique, as it gives the trader the option to make a good return on investment (ROI). Fixed Time trading is just another name for binary options trading. Sale fixed at a future date, for a prefixed price and quantity of commodity. However, there are certain restrictions and regulations that traders should be aware of when using this platform. FP Markets – Excellent Technical Tools. Forex transactions can only be undertaken with authorized persons and for permitted purposes. Since then, trading with Olymp Trade has become a way for Helmi to invest his money and increase his capital. The article provides an insight into what copy trading is, the legality of copy trading in India, and the criteria for choosing a trustworthy copy trading platform in India. On the contrary, 2020 has been the most exciting year for India’s crypto landscape witnessing tremendous growth in the number of investors who have started trusting Bitcoin as an alternate asset class. Government Securities Market. He reiterated that India does not recognise them as legal tender and will instead encourage blockchain technology in payment systems. Simple and intuitive platform allows easy creation and customization of trading strategies. Therefore, the total tax liability of the trader including income tax on intraday trading profit: Total tax liability = Income Tax + Capital Gains Tax = Rs. If you have a laptop or a smartphone, you can get started trading forex. Minimum amount to start trading is $10; Free Demo Account; Customer support in local language Fixed Time Trade (FTD) is a form of trading with a fixed timeline of your choice. This effectively facilitates customer transactions and helps us capture more value. 025% and a taker fee of 0. Exness , Tight spreads + leverage up to 1:2000. You can trade forex either with INR pairs that include USD-INR, EUR-INR, GBP-INR, and JPY-INR, or trade-in the cross-currency pairs of the above said foreign currencies. India has particularly shown persistence and consistency in the growth of fixed time trading. For example, if you choose to use the Japanese Pearl strategy on a 10-minute time frame, the duration of the trade should be 30 minutes. Their minimum $10 deposit and $1 trades means that the service is accessible to anyone who wants to trade and their education service supports their commitment to new traders as one of the best brokers. Pepperstone is the best ECN broker in the UK for its low trading costs, no required minimum deposit, and wide range of popular trading platforms. Olymp Trade is a massive player in the fixed time trading marketplace, and their seamless platform and competitive rates of return are excellent. You can make a profit if your prediction is correct, or lose your investment if your prediction is wrong. 15 a. These regulations aim to ensure fairness, transparency, and investor protection in the securities market. We would like to show you a description here but the site won’t allow us. After-hour trading sessions may happen before or after the regular trading session. 2023 Investment Management Off-cycle Internship - Real Estate Investing (Madrid) Madrid. (FTT) with Olymp Trade’s Fixed Time Trading tool. The traders can trade the complete range of tradable assets on its unique trading platform. There are multiple transactions done via cryptocurrencies and it is important that the government understands the workings and releases a comprehensive set of laws and rules regarding them. #1. International traders are accepted. You can buy and trade futures for currency pairs during these Forex Currency Trading Times in India: Opening Time: 9:00 a. Nuvama mobile trading app has a significant presence in retail mutual funds and stock market trading. Step 3 – Learn the basics of Forex trading through online resources. Date of experience: November 07, 2023. There is no law prohibiting Indians from buying/selling cryptocurrencies in India. The exchange can be performed for various reasons, such as fostering international trade, tourism, or commercial purposes. India’s Energy Conservation (Amendment) Bill 2022, passed by the Lok Sabha (Lower House of Indian Parliament) on August 10, proposes boosting the use of non-fossil fuel energy – including green hydrogen and green ammonia – to reduce imports of fuels needed to power the country. Currently, there aren’t so many Fixed Time Trading brokers, and the few reputable ones that you can start training with right now to make profits include: –. How is a permanent establishment defined? Bilateral tax treaties normally define a PE based on whether the corporation has a “fixed place of business” within the target country, as defined by the specific treaty language, and whether the corporation operates through a dependent agent that habitually exercises the authority to conclude. It is also a member of the regulatory institution Finacom. Olymp has two catagories - fixed time trading and forex trading According to LRS or FEMA, is it legal to trade on olymp including legal deposit and withdrawals into bank. 30 pm on a daily. The periods of the simple moving averages used in this strategy are 4 and 60. 2024 Investment Banking Internship Program (Mexico City) Mexico City. eToro – Best Online Trading Experience. It is a $5 trillion market in terms of daily volumes, and can be accessed across the world at all times. The rules of the game mandate that a trader can participate in Currency Trading. To open a trade in Fixed Time mode, just follow these 4 steps: Select the Fixed Time mode and the asset you want to trade on. The main difference is that trading on stock CFDs is only available on the MT5 platform. To trade legally in India with MetaTrader 5, there are regulations you must follow. Olymp Trade. Answer. 15 maximum brokerages. 4. 10. Backed by superior research, the Saxo bank trading platform is. Some forex brokers require a minimum amount of deposit to open an account. m. Transaction charges are charged on both sides of trading by the stock exchanges. This means that forex traders in India cannot use any of the major global forex trading platforms, such as MetaTrader 4 or 5, which support trading in multiple currencies. Get free answers to all your legal queries from experienced lawyers & expert advocates on Financial Markets and Services legal issues at Vidhikarya. Some websites (blogs) says that it is not technically illegal. 00 p. These include the immediate execution of trades, immediate settlement of transaction costs and zero interest rates on trades. What is more, multi-trading occurs through the time Fixed Time Trades. Easy and fast account opening. Trading of cryptocurrencies is allowed in India and a tax of 30% is charged on them. On the one hand, the reward might be worth it. Sale fixed at a future date, for a prefixed price and quantity of Securities. TradeTron Tech – Best for Event & Quant Based Algo Trading. Pros. Yes, Binary Options trading is legal in Nigeria. This is providing the copy trading broker is correctly licensed and regulated and accepts clients from your country. In Fixed Time Trading, you are making predictions about the price movement of various financial instruments such as stocks, metals, cryptocurrencies, currency pairs, and indices over a fixed duration of time. Founded in 2009, XM is one of the most well-regulated brokers in the Forex industry and offers CFD trading on Forex, stock CFDs, commodities, equities, precious metals, energies, and shares.