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    Read More Gold plunges Rssilver declines Rs Read More Plight of minorities in India getting worse: Mufti.

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    Read More Rs 15 lac assistance for weather affected families sanctioned in Srinagar. The Pune native was playing on his smartphone last week when he discovered a popular new app called Olymp Trade. He had recently downloaded it but hadn't played it yet.

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    So, Sai opened the application and started playing with the demo account you get when registering for free. In just 15 minutes he doubled his money, making more than his parents earn working hard the entire month. Sai is the only son of Vihaan and Pari Reddy, a typical middle-class couple, both of whom are originally from Chennai.

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    Sai's mom taught him how to use a computer at the young age of 6 and ever since then, he had been hooked. When he's home, he can be found usually playing video games online or on Youtube. Their family did not appear to be the "stock trading" type though.

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    That's why his father, Vihaan was shocked when Sai showed him his balance on his phone! And that was just in 15 minutes! I couldn't believe it at first; I thought it was some kind of a joke.

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    But then Sai told me he was playing a popular new Olymp Trade binary options app he downloaded. For him it was just like a game.

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    But he took that game seriously reading a lot about market signals and trading strategies on Internet. Later on Sai had surprised us more and more with how much money one can made with binary options.

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