Binary options in Mongolia
Mongolia's Financial Regulatory Commission licenses none of these platforms. We rank them on how you can fund an account from Mongolia and what it costs.
Which platforms accept Mongolia
Pocket OptionIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
Olymp TradeIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
Expert OptionIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
IQ OptionIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
BinomoIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
BinariumIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
IQcentIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
BinaryCentIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
ExnovaIts own terms accept residents. It has no local licence.Accepts residentsOpen free account
Questions from Mongolia
Are binary options legal in Mongolia?
No Mongolian regulator licenses these platforms; they accept residents under their own terms.
How do Mongolians usually deposit?
By card or crypto. Every tugrik deposit is converted to US dollars.
Is there tax on trading profits in Mongolia?
That depends on local law and your circumstances. Keep a record of every deposit and withdrawal and ask a tax adviser in Mongolia.
What can I do if a withdrawal is refused?
Write to support with your documents and keep copies of everything. Members of The Financial Commission can be reported there. Never pay to have a withdrawal released.
Can I practise first?
Yes. Almost every platform has a free demo with virtual money; use it until you know the platform well.