Polymarket is committed to safe and responsible prediction market trading for all users in India. Trading should be engaging – never harmful. Use our protection tools, stay informed and always trade within your means.
Only invest money that you can afford to lose on Polymarket
Set a clear time and spending limit before each trading session
Professional support – free and confidential across India
Daily, weekly or monthly caps in INR ₹ or USDC
Receive notifications when your portfolio drops below your set threshold
Automatic reminders and breaks after your chosen trading time
Temporary or permanent closure of your Polymarket account
💡 How to Access: All responsible trading tools are available in your Polymarket account settings under "Account Safety". Contact our support team at any time via live chat or email to set up limits or request account suspension.
Polymarket is a decentralised prediction market platform. Indian users should be aware of the following key legal considerations:
⚖️ FEMA & RBI Guidelines
Transactions involving foreign exchange are subject to FEMA 1999 and RBI regulations. Indian users must comply with Liberalised Remittance Scheme (LRS) limits of USD 250,000 per year for overseas investments.
🔮 Prediction Markets & Skill
Prediction markets involve analysis, research and informed judgment. Understanding the distinction between skill-based and chance-based activities is important under Indian law.
💰 Tax Obligations (ITR)
Profits from prediction market trading may be taxable under the Income Tax Act 1961. Consult a qualified CA or tax advisor for your specific situation.
🔒 PMLA & AML
Large transactions may trigger reporting obligations under the Prevention of Money Laundering Act 2002 (PMLA) to FIU-IND (Financial Intelligence Unit – India).
⚠️ Important Disclaimer: polymarket-in.in is an independent information resource. Users are solely responsible for ensuring their use of Polymarket complies with all applicable Indian central and state laws. Consult a legal professional if in doubt.
Answer the following questions honestly – your financial wellbeing is more important than any market position:
Do you spend more time or money on Polymarket than you originally planned?
Have you ever borrowed money or used emergency savings to fund your Polymarket trading?
Are you neglecting work, studies, family or health due to trading activities?
Are you trying to chase your losses by continuing to trade on Polymarket?
Are you hiding your trading activity from family or friends?
Do you feel anxious, stressed or depressed after trading sessions?
⚠️ Two or more "Yes" answers?
Set strict spending limits on your Polymarket account immediately and seek professional help. Free and confidential support is available across India via iCall: 9152987821 or Vandrevala Foundation Helpline: 1860-2662-345.
Financial Distress
Trading with borrowed money or at the expense of rent, food or family obligations
Social & Family Problems
Arguments with family over finances or time spent trading on Polymarket
Emotional Instability
Mood swings, irritability or anxiety related to Polymarket trading outcomes
Loss of Control
Inability to stop trading even when you want to
Escalating Risk
Need to take increasingly higher risks in INR/USDC to experience the same excitement
You are not alone. These organisations offer free, confidential and professional mental health and financial wellbeing support across India:
iCall – Tata Institute of Social Sciences (TISS)
9152987821
Mon–Sat 8am–10pm · Confidential · icallhelpline.org
Vandrevala Foundation Mental Health Helpline
1860-2662-345
24/7 · Free · All India · vandrevalafoundation.com
NIMHANS – National Institute of Mental Health and Neurosciences
National mental health resource, Bengaluru – nimhans.ac.in
iGaming India / Responsible Gaming Foundation India
Awareness and support resources for responsible gaming in India – responsiblegaming.in
SEBI Investor Helpline
For investment-related grievances in India – scores.sebi.gov.in · Toll-free: 1800 266 7575
The Polymarket support team is available 24/7 – for setting limits, taking a break or account suspension. Your wellbeing always comes first.