OctaFX IPL Ad and Illegal CFD Trading

General
21

Sir, @nithin @ShubhS9 @Meher_Smaran
Previous Year(NOVEMBER 2022) I started Binary Trading (IQ OPTION) being influenced by some trader and advertising sponsorship.

I DEPOSITED 2000 RS in IQ OPTION.

AND AFTER SOME TIMES /AFTER SOME MONTHS LATER . (February 2023)
I knew that binary trading and forex trading is illegal in India. (I don’t know previously that it is illegal platform AND I knew ABOUT the FEMA ACT) Sir it is not fair.

AND AFTER LOSS OF 900+RS I WITHDRAW MY REMAINING BALANCE.

And never trade in that illegal platform AND LEAVE ALL THE ILLEGAL platform.

And switch to REGULATED STOCK MARKET.

Sir ,
My Questions is : Is there will be any PROBLEM IN FUTURE?

  1. Unknowingly I was trading on this platform in this illegal market and but I leave that market few months before . Is there will be any issues?

  2. Does I am under Fema act ?

  3. Does there will be any legal action?