Since Binary Options Robot has integrated more than 15 binary brokers, trading from different countries will offer to trade with different brokers that are available in the certain country. United Kingdom regulates binary brokers through financial authority FCA (Financial Conduct Authority). When it comes to best binary options trading sites, looking at the essence of what the binary options brokers actually provide is a must. Like all things in life, one always needs to research a topic before being able to compare apples with apples.

Officially, the UK is no longer a part of the European Union. However, it does not undermine its status as the financial nerve centre of the world. Globally, UK and its capital, London, continue to be held with high regards by the investors across the globe. In this regard, brokers operating from the UK are still a preferred choice of the binary option traders. However, very few traders are aware of the fact that it is the and not the, which governs the binary brokers operating from the UK. The categorically states that it does not regulate binary options and cannot involve itself in case of any litigation between a client and binary broker. However, the FCA’s website also informs that the UK government is currently in consultation to decide on handing over the job of regulating the binary options brokers to the FCA.

Until the changes are brought about, the Gambling Commission will continue to hold the responsibility of overlooking the operations of the binary brokers registered under it. List of Top 10 UK Binary Option Sites for 2018 Broker Offer Devices Trade Now / Review. Deposit: $250 Payout%: 90% * Amount to be credited to account for a successful trade Unlike the, the UK does not consider binary options as a financial asset. The binary or digital option trading is only considered as a form of gambling.

Thus, Gambling Commission supervises the binary brokers. It should be noted that a broker who is registered with the regulatory authorities in the European Union or elsewhere is allowed to do business with the UK residents, without having a physical office in the UK or even a license from the Gambling Commission. However, those brokers who are having their office and servers in the UK should necessarily have a license from the Gambling Commission. So, this fact should be considered while choosing a binary broker from the list provided in this website. It should be noted that legally a binary broker who claims to operate from the UK must provide the details of registration on their website.

So, after choosing a broker from the list provided underneath, you can cross check the registration details of the broker in the Gambling Commission’s official website. Gambling Commission would come to a trader’s assistance if and only the operator is licensed by them. Top rated binary options brokers. If a binary broker is found guilty, Gambling Commission can impose a penalty, suspend or even revoke the license.

Profit with binary options. Fortunately, a beginner looking for a UK based binary broker can get all the necessary details regarding a broker, including bonus promotions and special offers, in this website. This would enable a trader to confidently step forward in the lucrative world of binary options.

When it comes to traders using Binary Options in the UK, it is not exactly quite clear as to the regulatory and broker landscape. Indeed, it was always quite muddy when it came to brokers in the UK, Europe and how the rules from countries such as Cyprus applied to the UK. This was made even more complicated by the recent exit from the EU on the Brexit Vote. Although Trading Binary options in the UK can be done and through a number of brokers, only certain brokers are legally allowed to be offering their services to UK clients.

As a UK based trading community, the Binary Trading club knows the ins and outs of the regulators environment. The main regulator in the UK is the Financial Conduct Authority (FCA). They are involved with making and enforcing a number of the rules which dictate how financial services firms offer their services to clients in the UK.

The FCA currently regulates CFD and Forex brokers and these brokers would need to get a licence in order to be able to provide these services and claim compliance. The regulations are quite extensive for brokers including background checks on the directors, 500k in the bank account in reserve and a minimum number of staff. This is mainly as a result of the leveraged nature of those instruments. Indeed, given how strict the FCA is when it comes to Forex and CFD providers, many of the largest online traders have decided that they would like to make the UK their base including IG and FXCM. However, when it comes to Binary Options in the UK, the picture is slightly different. UK Binary Options Regulations The FCA currently does not provide regulations around Binary Options.