Binary brokers uk

Gambling commission would come to a trader’s assistance if and only the operator is licensed by them.

Free forex bonuses

Top 10 UK Binary Option Brokers, binary brokers uk.

If a binary broker is found guilty, gambling commission can impose a penalty, suspend or even revoke the license. The financial conduct authority of UK 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.

Top 10 UK binary option brokers

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 gambling commission and not the FCA, which governs the binary brokers operating from the UK.

The financial conduct authority of UK 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 2020

Unlike the mainland europe, 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.

Totallygaming

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. If a binary broker is found guilty, gambling commission can impose a penalty, suspend or even revoke the license.

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.

UK regulated binary options brokers

Trading binary options in the UK has become increasingly popular over the last five years or so. While the risks of this type of trade are high, so are the rewards. But many countries consider these types of financial transaction as dubious, and the regulations governing them can differ from country to country. While you should ask the advice of an options trading UK broker, it’s also a good idea to know a little about the regulations yourself.

The list of UK regulated binary options brokers

FCA Uk regulated binary options and forex

There has been a sudden surge in the number of brokers and brokerage firms operating within the UK in recent years. While there is currently no legal requirement to be registered with a regulatory body, membership of the FCA demonstrates a level of competence, trustworthiness and professionalism. We’ve found several FCA regulated binary options brokers, so you can easily choose the one that suits you best among the reputable brokerages.

IQ option – the official partner of aston martin racing

IQ option is the licensed broker, who set the new standards in the whole trading industry. Their webgl-based beautiful and fast trading platform has a huge potential, and they develop more and more trading instruments, including classic and digital options. IQ option is a partner of aston martin racing team and they’ve won in 24 hours of le mans in 2017.

Fortrade – UK based brokerage

Fortrade provides it’s clients with clean website and trading platforms for both PC and mobile devises. The broker is regulated by FCA and all online transactions are carried out in compliance with payment card industry data security standard (PCI DSS). The broker is based in london, chelsea, london, 81 fulham rd. The minimum deposit for new clients is 100 pound only.

24 option – cysec regulated binary and CFD broker

For binary options trading 24 option is the one of the first platform among all. It deserves the good reputation lot’s of traders prefer this brokerage. After opening account, clients can choose to trade short term options, high/low options, one touch options, or boundary options and even forex CFD.

Ctoption

Ctoption is the FCA authorised broker, who provides the outstanding replicator feature. The clients allowed to copy the trades of experts and other more experienced traders.

Ctoptions provides it’s clients with panda trading platform, where you can trade high/low, one touch, hyper and range options.

Who is responsible for regulating binary options trades in the UK

Most trades in, from or to the UK fall under the auspices of the financial conduct authority (FCA). However, when trades cross borders, external bodies can get involved, such as the cyprus securities and exchange commission (cysec) and
the USA commodity futures trading commission (CFTC) . The FCA regulates the industry, and will investigate complaints of improper conduct as and when they’re made. This national regulator is also the main body with which most UK regulated binary options brokers are registered.

What are the different types of binary options broker in the UK?

There are two main categories of binary options broker in the UK: those registered in the UK and those registered with offshore organisations. While there’s nothing wrong with using an options broker from outside the united kingdom, you may not have the protection afforded by affiliation to the financial conduct authority.

Before you hire the services of a broker, it’s a good idea to research their background and history of delivering results. You can ascertain an individual’s or company’s credentials by checking their listing on
the financial conduct authority website .

As well as checking for membership of the FCA, you can assess a broker’s suitability by looking at
customer reviews . You can also read the terms and conditions and FAQ sections of their website, which should give you an idea of how they operate. It’s also a good idea to check what types of financial instruments are being offered. If offers and bonuses are being offered, you might stand to maximise your returns.

If possible, check how much the broker, on average, pays out to clients. Someone with a proven track record of delivering high returns might be in a position to maximise the efficacy of your own trades. Brokers often offer different types of trading accounts, based on issues such as risk aversion, the amount being invested and long-term goals.

The UK is home to one of the most successful
binary options trading markets in the world. Find the right broker, and you can maximise your chances of financial success.

Binary options trading in the UK: past, present and future

The united kingdom occupies a very special position in global finance. London is regarded as probably the world’s most important financial trading hub, as it forms the connecting interface between markets in the americas and europe. The UK time zone is exquisitely positioned between those of new york and tokyo/sydney. This makes it possible for traders within the london zone to cash in on market moving news in various parts of the world.

For such a progressive jurisdiction in terms of financial market activity, how has binary options in the UK fared?

Recommended binary brokers in united kingdom

Binary options trading in united kingdom

The UK is regarded as one of the well regulated trading areas. However, the story of the binary options trading in the UK has been one of a market in transition and searching for identity. In the years preceding 2015, binary options have traditionally been viewed as a form of gambling. Unlike in the US where online gambling is prohibited by law, the betting/gambling industry in the united kingdom is a thriving one, generating and astonishing £12.6bn in total gambling yield, according to the UK gambling commission. Of this figure, online gambling has emerged as the largest gambling sector in the UK. Binary options was tucked away somewhere within the covers of UK online gambling, with unintended consequences for participants in the UK binary options industry.

Gambling and financial trading are not the same. They do not employ the same methodologies, techniques and tools. Gambling does not require the same level of sophistication as financial market trading. Contracts are much more complex in the financial markets. Leaving binary options trading in the hands of the UK gambling commission, without the level of protection that a financial market regulator could have offered, exposed many participants to the activities of a few unscrupulous brokers.

However, all that looks to change now, as legislation is being considered to move binary options oversight away from the UK gambling commission and into the strict hands of the financial conduct authority (FCA).

Currency pairs & spread

UK binary options brokers will be able to trade on several major, minor and exotic currency pairs on their platforms.

Trading platforms

There are locally based binary options companies in the UK. Each of these brokers use proprietary technology to offer unique platforms with unique trade types to UK binary options traders. Those who use offshore brokers will be confronted with turnkey platforms developed by companies such as spotoption, tech financials, tradolgic, hello binary and O-systems.

Deposit and withdrawal options

What deposits and withdrawal are available to binary options traders in united kingdom?

Cards: credit/debit cards issued by mastercard, VISA, maestro, solo and electron are accepted on UK binary options broker platforms. Some prepaid cards such as those issued by payoneer, skrill, epayments and other payment providers are also accepted.

For binary options traders in the united kingdom, local bank account transfers are permitted on the platforms of local UK binary options brokers.

Digital wallets such as skrill and neteller are available for traders to make deposits and withdraw profits from their binary options platforms.

Paypal: only UK-based binary options brokers will provide paypal as a funding or withdrawal option for UK binary options traders. Paypal does not extend its services to offshore brokers.

Please note: UK binary options traders may see some changes to the methods by which they can withdraw or deposit funds to their accounts when the brexit negotiations are fully exhausted.

Legality & regulations

There are very compelling reasons to move the responsibility of overseeing the binary options market as well as brokers operating in that space, from the gambling commission to the financial conduct authority (FCA).

Unlike what obtains for gambling operators, specific requirements are demanded of financial market companies from the FCA. These are as follows:

A wide range of suitability checks to ensure that the right financial products are being sold to the right consumers.

Segregation of funds of traders from the brokerage’s money. This requires brokers to place trading funds belonging to their clients in specialized bank accounts; away from their operational funds. This requirement was put to the test when alpari UK filed for insolvency in the days following the de-pegging of the swiss franc from the euro by the swiss national bank.

A robust process of dispute resolution.

Monthly reporting and monitoring of order flows.

Contributions to a special compensation fund known as the financial services compensation scheme.

It is all about consumer protection. In simple language, moving the regulation of binary options to the FCA will ensure higher operational standards for UK binary options brokers and improve trader protection.

Here are the frequently asked questions surrounding UK binary options brokers and binary options trading in the UK.

Are binary options legal in the united kingdom?

Answer: the trading of binary options is legal in united kingdom.

Is it safe to trade binary options in united kingdom?

Answer: it is safe to trade binary options in the united kingdom, even under present regulatory circumstances. However, the transfer of regulatory oversight to the FCA is expected to make the safety profile of binary options trading in the UK comparable with that of the forex and spread bet markets.

As a united kingdom citizen, am I allowed to trade binary options with offshore brokers?

Answer: there is presently no restriction as to where traders in the united kingdom can ply their trade. They can work with UK-based binary options brokers or they can trade with offshore brokers.

Do united kingdom binary options traders have to pay tax on the proceeds of binary options trading?

Presently, the HMRC regards binary options as a form of gambling or speculative activity, which under present laws, is not subject to capital gains tax or income tax. If proposed law changes are effected, and binary options are considered financial assets to be regulated by the FCA, then they may become subject to capital gains tax.

Are united kingdom binary options traders allowed to use digital wallets?

Answer: A number of digital wallets are available to local UK binary options traders to conduct transactions on their binary options platforms.

Is it possible for binary options traders in united kingdom to transact on binary options platforms using paypal?

Answer: paypal’s UK operations enable traders in the UK to conduct transactions on the platforms of UK binary options brokers using paypal. This service cannot be used with offshore brokers.

Best binary options brokers in united kingdom

There are a number of UK binary options brokers who maintain a physical presence in the country. Some of these are foreign companies who have decided to be closer to their UK clients by getting an operational license and setting up shop within the UK. Some companies are 100% homegrown.

There are also some offshore binary options brokers who market their products to UK prospects. Many of these companies are based in malta and cyprus. Changes to operational rules by regulators in japan and australia mean that UK binary options brokers can only extend their services into those countries if they have licensing from the FFAJ or ASIC, and have a physical office in those countries.

Best legal UK binary options brokers for 2021

It’s ironic how binary options, originally an american invention, are more available in europe including the united kingdom than in the USA. In the recent years binary options trading has become extremely popular all over the UK. People that have great insight into the world of economics find it very interesting to wager on simple “yes or no” predictions and make money out of it. But, even those occasional traders feel excited when they get into the exciting world of binary options.

However, there is a concern among people in the UK interested in binary options. Binary options is essentially financial betting which makes people think that it’s not legal. It’s a legitimate concern and we want to make it clear with this article. Binary options in the UK are actually legal and well regulated.

This means that traders won’t be prosecuted for trading financial instruments online with brokers that offer legitimate financial binary options trading services. In fact there are many legit UK binary options brokers that operate in the UK under a license that is issued by the governing bodies set up specifically to regulate this.

List of binary option brokers accepting UK traders:

100% legal & licensed verified bonus mobile friendly

The UK is considered one of the first countries in europe to legalize financial betting thanks to being one of the primary countries in forex trading. In order for financial service providers to accept UK traders they need to have a UK binary options trading license, or a license issued in another EU country. However, that country needs to have a licensing system that is considered compatible to the one in UK. Basically, that means all EU countries are compatible.

Frequently asked questions

Here you can find everything you wanted to ask but didn’t know where and to whom. We have collected the most frequently asked questions by people from the UK interested in legal binary options. The answers to these questions will give you a clear picture of the legality concerning binary options.

How binary options work?

It’s really simple in essence. Just like in sports betting where you bet if a team will win or lose, here too you bet if an event will happen or not. For example, you are asked if you think that a particular price or asset will go up or down. You choose what you think will happen and you bet money on it.

Can UK citizens trade with the help of non-UK binary options brokers?

What are the governing bodies in the UK that oversee binary options trading?

Which binary options brokers should be avoided?

What should I look for when choosing a legal UK binary options broker?

How can I find out if a UK binary options broker is authorized by the FCA?

What is the process for opening an account with a UK binary options broker?

Do UK binary options brokers offer bonuses for depositing?

What payment methods are offered?

How do brokers make money?

What to remember when getting into binary options

When starting your career as a binary options trader you have to remember to study and train before jumping into the trading platform. Take maximum advantage of the resources offered by the brokers and the internet to master your skills. Make use of the demo/practice accounts brokers offer. Enlist in online courses. After all, all of this is free and up for grabs!

Furthermore, there are three important aspects to consider when selecting a broker:

The web is rich with information. If you select a broker without properly informing yourself about his reputation and services, then you are a sucker that begs for your money to be taken from you. Read what others have to say and consider everything.

Read the fine print

Every broker has his own set of rules and conditions. We know that reading the fine print can be a tedious task, but it can save you all kinds of trouble. Spare several hours or the entire day to get to read the terms and conditions of the brokers you are considering.

It’s important to find out which broker offers the best conditions in terms of money and fees. Some require fees upon withdrawal, while other prior to trading. Anyway, it’s best to find out how big the fees are and if they suit your pocket.

The future of binary options

Now when binary options trading has become a well-regulated market and everyone is perceiving it a lot clearer, we can say that the future is bright. It’s expected that binary options will grow exponentially in the UK in the following years.

The advantage of the UK is its open-mindedness towards binary options as it is towards other forms of betting. It’s the main reason why it’s the leading country in the world in both things. Good regulations as those in the UK serve as an example for other countries.

This proactive stance has helped in making the UK binary options market a well-oiled machine. More and more interested consumers appear and plenty of legitimate operators are set up. The overall equation has all the important components for a good binary options future.

Petar markoski author

Petar is the finance guru, if you need a good investment this is the guy you go to! Working majority of his days in the finance sector as trader, he has gathered plenty of insight on binary options and the forex markets

The best binary option trading platforms and brokers of 2020

In this guide, we're going to review the best binary option brokers to help you decide which trading platform is right for you. We've analyzed over 21 different binary brokers on a variety of factors including payouts, trading platform, deposit methods, features, regulation, and company reputation.

It's important to understand that not all binary options trading platforms are created equal. Some binary options sites might have great payouts, while others might have faster withdrawals or bigger deposit bonuses. Picking a trading broker often comes down to what's most important to you.

Below you will find our rankings of the top binary options trading brokers of 2020.

Top 8 best binary options brokers of 2020

Pocket option - best for USA traders

Binarycent - best for copy trading

Raceoption - best bonuses

IQ option - best trading platform

Binary.Com - best for beginners

Expertoption - best for social trading

Olymp trade - best for traders from india

Binomo - best for trading tournaments

Review of the top binary option sites and companies

1) pocket option

Pocket option is a binary options brokerage that provides online trading of more than 100 different underlying assets. Pocket option is one of the only sites that accept new traders from the united states and europe. Established in 2017, pocket option is based in the marshall islands and is licensed by the IFMRRC (international financial market relations regulation center).

Pocket option has great terms and conditions for its traders including no commission on deposits and withdrawals, over 100+ payment methods, indicators and signals, social trading, bonuses, high returns, and more. Pocket option provides bonuses of up to 100% when you open an account, which is among the best in the industry.

If you're looking for a binary broker that caters to customers around the world, including USA and europe, then pocket option is one of the best options available.

Maximum profit: 96%

Min. Deposit: $50

Min. Trade: $1

Assets: 100+ crypto, commodities, stocks, and currency pairs

Platform: web, android, ios, and windows

2) binarycent

Binarycent is a binary option site that offers forex trading, cfds, and options with payouts up to 95%. Binarycent was established in 2017 and is owned by a company called cent project LTD, which is a subsidairy of the finance group corp. This company is located in vanuatu and accepts international traders including the united states, canada, australia, and the UK. Binarycent is regulated by the VFSC (vanuatu financial services commission).

The biggest advantages of using binarycent include minimum trades of just 10 cents, leverage up to 1:100, and copy trading. Copy trading allows you to follow the most successful traders on the platform and to see their live trades in real-time. By copying other profitable users, you can increase your chances of success.

Minimum deposit: $250

Minimum trade: $0.10

Assets: cfds, forex, and options

USA friendly: yes

3) raceoption

Raceoption is a binary options broker that is based in the UK and established in 2014. Raceoption processes more than 10,000 trades per day and is one of the only companies that allow clients from the united states, canada, and australia. Raceoption has no restrictions on what country you're located in.

The biggest selling points to raceoption are 1-hour withdrawals, deposit bonuses up to 100%, and weekend trading. This trading platform is available in three versions: web, android, and iphone. They offer CFD trading, 60 seconds, one touch, live charts, and instant execution of trades.

Overall, raceoption is a reliable broker that offers attractive payouts up to 90% and a variety of funding options including credit card and cryptocurrencies such as ethereum and bitcoin. This platform is best suited for beginners that are looking for a simple interface that is easy to understand.

Minimum deposit: $250

Payouts: 90% max

Bonus: 20-100% deposit match

USA friendly: yes

4) IQ option

IQ option is a broker that is based in cyprus and regulated by the cysec (cyprus securities and exchange commission). Since 2013, IQ option has been one of the most successful online trading platforms with over 43 million registered users, over 1 million trades per day, and clients from over 213 countries.

IQ option has the best trading platform of all the brokers I've reviewed. They have over 250+ assets to trade including binary options, digital options, as well as cfds on stocks, crypto, commodities, and etfs. Their binary options pay up to 95% on successful trades, while their digital options offer return rates up to 900%

The IQ option platform is available on the web or through one of their trading apps (android, ios, mac, and windows). Free demo accounts are available with $10,000 in virtual money to practice with. Their platform comes with everything you'd want and expect including multi-chart layouts, financial indicators, technical analysis, and real-time alerts. They also have several risk management features including stop loss, take profit, negative balance protection, and trailing stop.

If you're looking for the best binary trading platform, IQ option should be near the top of your list.

Minimum deposit: $10

Max payout: 95%

Min. Trade: $1

Note: this broker does not accept clients from the united states, canada, european economic area, japan, israel, australia, and puerto rico.

5) expertoption

Expertoption is a trusted broker that has been around since 2014, offering binary options on over 100+ assets including stocks, cryptocurrency, forex, and commodities. Expertoption is located in saint vincent and the grenadines and is regulated by the VFSC (vanuatu financial services commission) and FMRRC (financial market relations regulation center). This broker serves clients from over 150 countries and has over 32,000,000 registered users on their platform.

Expertoption offers some of the best payouts on the market, with profits as high as 95%. Their platform is very easy to use for beginners and also has some features that even advanced traders will appreciate such as 4 different chart types, 8 indicators, and trend lines. Expertoption also offers social trading, which allows you to trade binary options with your friends or follow other VIP traders and see their active trades in real-time.

Expertoption offers over 20 different payment methods including E-wallets, credit cards, cryptocurrency, and bank transfer. This binary broker also offers a free demo without registration. Overall, if you're looking for a great payouts and a solid trading platform, expertoption is an option worth considering.

Min. Deposit: $10

Min. Trade: $1

Max profit: 95%

Note: this broker does not accept clients from the USA, canada, european economic area, switzerland, israel, new zealand, australia, puerto rico, singapore, bangladesh, vanuatu, yemen, and sudan.

6) olymp trade

Olymp trade is a cyprus-based broker that is regulated by the international financial commission. This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues. Olymp trade has been a part of the options market since 2014 and has consistently improved their platform over the years. As of 2020, there are over 25,000 users trading with olymp trade every day.

Like most of the top brokers, olymp trade has a web-based platform and apps available for iphone and android. They have over 75 different underlying assets that you can trade with. Demo accounts are available if you'd like to test-drive the olymp trade platform. This broker has a variety of educational resources available to their clients including trading strategies, webinars, and more.

Note: olymp trade does not accept clients from european economic area, australia, canada, USA, japan, israel, new zealand, russia, spain, sweden, and switzerland.

7) binary.Com

Binary.Com is an online trading platform that offers binary options and CFD trading. Owned by a company called binary group LTD and founded in 1999, this broker is one of the oldest and most respected names in the binary options trading industry with over 1 million registered users worldwide.. Binary.Com has offices in channel islands, malta, saint vincent and the grenadines, malaysia, british virgin islands, and vanuatu. Binary.Com is regulated by vanuatu financial services commission, british virgin islands financial services commission, malta financial services authority, and labuan financial services authority.

Binary.Com has several different trading platforms that you can use including:

Deriv - A perfect solution for beginners with an easy-to-use platform that is rich with features.

Smarttrader - trade in the world's financial markets with a simple and user-friendly online platform.

Tick trade android app - ultra fast trading on-the-go.

Metatrader 5 - an advanced multi-asset trading software that includes forex, cfds, and binary options.

Binary webtrader - an advanced binary options trading interface to monitor the movements of your favorite markets at the same time.

Binary bot - automate your own trading strategies with a simple "drag and drop" bot creation tool.

Binary options trading in the UK: past, present and future

For such a progressive jurisdiction in terms of financial market activity, how has binary options in the UK fared?

Recommended binary brokers in united kingdom

Binary options trading in united kingdom

Currency pairs & spread

UK binary options brokers will be able to trade on several major, minor and exotic currency pairs on their platforms.

Trading platforms

Deposit and withdrawal options

What deposits and withdrawal are available to binary options traders in united kingdom?

Cards: credit/debit cards issued by mastercard, VISA, maestro, solo and electron are accepted on UK binary options broker platforms. Some prepaid cards such as those issued by payoneer, skrill, epayments and other payment providers are also accepted.

For binary options traders in the united kingdom, local bank account transfers are permitted on the platforms of local UK binary options brokers.

Digital wallets such as skrill and neteller are available for traders to make deposits and withdraw profits from their binary options platforms.

Paypal: only UK-based binary options brokers will provide paypal as a funding or withdrawal option for UK binary options traders. Paypal does not extend its services to offshore brokers.

Please note: UK binary options traders may see some changes to the methods by which they can withdraw or deposit funds to their accounts when the brexit negotiations are fully exhausted.

Legality & regulations

Unlike what obtains for gambling operators, specific requirements are demanded of financial market companies from the FCA. These are as follows:

A wide range of suitability checks to ensure that the right financial products are being sold to the right consumers.

Segregation of funds of traders from the brokerage’s money. This requires brokers to place trading funds belonging to their clients in specialized bank accounts; away from their operational funds. This requirement was put to the test when alpari UK filed for insolvency in the days following the de-pegging of the swiss franc from the euro by the swiss national bank.

A robust process of dispute resolution.

Monthly reporting and monitoring of order flows.

Contributions to a special compensation fund known as the financial services compensation scheme.

Here are the frequently asked questions surrounding UK binary options brokers and binary options trading in the UK.

Are binary options legal in the united kingdom?

Answer: the trading of binary options is legal in united kingdom.

Is it safe to trade binary options in united kingdom?

As a united kingdom citizen, am I allowed to trade binary options with offshore brokers?

Answer: there is presently no restriction as to where traders in the united kingdom can ply their trade. They can work with UK-based binary options brokers or they can trade with offshore brokers.

Do united kingdom binary options traders have to pay tax on the proceeds of binary options trading?

Are united kingdom binary options traders allowed to use digital wallets?

Answer: A number of digital wallets are available to local UK binary options traders to conduct transactions on their binary options platforms.

Is it possible for binary options traders in united kingdom to transact on binary options platforms using paypal?

Answer: paypal’s UK operations enable traders in the UK to conduct transactions on the platforms of UK binary options brokers using paypal. This service cannot be used with offshore brokers.

Best binary options brokers in united kingdom

UK binary options brokers

Trading in the financial markets is becoming an ever more popular pastime, for both experienced investors and amateurs who enjoy a flutter. Binary options is one of the industry’s newer markets – it has only been active since 2008 when this innovative type of online trading was first approved by the securities and exchange commission (SEC).

UK binary options can be an extremely profitable way of speculating on the markets, but how can traders tell which platforms to trust with their money, in a particularly fast paced environment, where newcomers are always emerging? Three key factors to bear in mind are; firstly, whether the broker is regulated, this will often be by cysec, the cypress and securities exchange commission, secondly, the quality of their trading interface and thirdly, the level of their customer service. Here’s a list of ten UK binary options brokers which deliver a reliable trading experience and offer much more besides:

Best binary brokers for the UK

Recommended broker: IQ option

One of the most popular UK brokers for beginners, IQ option is a fully regulated platform with a flexible approach to trading. You can open an account with just £10 and the minimum investment is just £1, a very low set of requirements in comparison to most of the industry. You won’t find any gimmicks here, just straightforward coverage of over 100 types of underlying asset, including currency pairs, stocks, commodities and indices. The trading interface was created by financial software experts, along with a team of traders who provided suggestions regarding navigation, and accessibility for all levels of investor. There’s only one type of trading account at IQ option, but if you’d prefer to try before you buy, you can request a demo account to get you started. Customer support is provided 24 hours a day, seven days a week and you can get in touch via phone or email for assistance.

Recommended broker: binary.Com

Binary.Com was established back in 2008 and is regulated in the UK and japan, and also by the malta gaming authority. They offer a range of unique options and the trading interface is packed with helpful tools, like real-time graphs and candlestick charts to provide an indication of how the various underlying assets are moving. You can start by opening a demo account, if you’d prefer to get settled in before you start spending money, or make a low deposit of £10 in order to open a full account. To give UK binary options traders a head start, binary.Com have a wealth of educational materials, along with scheduled webinars where members can listen to a talk on a particular subject, then pose questions. At binary.Com you can place a wager on five different basic options, rise/fall, higher/lower, touch/no touch, one touch and boundary options. There are also more advanced range options, for people who have a little more experience and want to test their skills.

Recommended broker: ayrex

Based in the caribbean nation of st kitts and nevis, ayrex or advanced binary technologies ltd as it’s also known, is a broker that was formed in 2014. There’s a free demo account for newcomers, bonuses of up to 30% when you choose to open an account and a trading platform that was developed especially for them. The interface will suit people who enjoy short term trades and expect things to move fast, the short term option expiries start from 30 seconds and go up to five minutes. For high/low trades you can choose between 15 minutes and one hour, but there are no drawn out daily or weekly trades here. As for underlying assets, there are indices, commodities and forex pairs, but as yet, they don’t offer stocks.

Rocommended broker: eztrader

Launched way back in 2008, eztrader were part of the first wave of UK binary options brokers. Now located in cypress, they are regulated by cysec and maintain a unique trading platform. As the interface was built just for this UK broker, you’ll find it perfectly suited to their offerings, it’s fast, simple to use and well laid out. From the desktop version or the mobile app, you can enjoy a wide range of options including daily/weekly trades, long term binaries, sell options, where you can cash in a good position, and the traditional up/down trades. Although eztrader specialise in stocks, they have a wide selection of underlying assets drawn from indices, forex and commodities. For many years eztrader have been linked with football and other major sports; they have sponsorship deals with tottenham hotspur, wimbledon and the grand national. As a result, they often run competitions where traders can win merchandise or tickets for certain events.

Recommended broker anyoption

Another seasoned binary broker, anyoption started out in 2009 with an uncomplicated online platform, and they’ve stuck with that formula ever since. The website can be navigated by even the most inexperienced of investors and they provide a helpful set of instructions to get people started. In this respect anyoption do seem more targeted at newcomers, but a glance at the huge number of assets available - more than 140 - could also appeal to more professional speculators. Choose from forex, stocks, commodities and index options, and you could win returns of up to 71%, or 15% of your initial deposit if your trade is unsuccessful. Anyoption are a UK binary options broker which are regulated by the cyprus securities and exchange commission. 24 hour live support for account holders is provided via the website. If you enjoy trading on the go, you can choose to opt-in for text messages which give you updates on how your trades have fared.

Recommended broker bdswiss

Initially launched as banc de swiss, in 2012, bdswiss is owned by keplero holdings LTD and is primarily focussed on the german market, although the website is available in nine different languages, including english. To safeguard their customer’s interests this UK binary options company are regulated by cysec. Their interface is provided by the trading software experts at spotoption, it’s not a complex system to get used to and for those who prefer a challenge, there’s a pro trader mode which opens up more indicators and tools for investors to use.

Investments start from a surprisingly low £1 and there are 250 underlying assets, drawn from stocks, currency pairs, commodities and indices. Trading takes place in six different formats, with expiries ranging from one minute, to a number of weeks. If you need help with any aspect of the site or your account, you can contact the bdswiss multilingual customer services department from 9am to 11.30pm, by phone, through live chat or on email.

Recommended broker 24option.Com

Established in 2010, 24option are based in cypress and regulated by cysec. They have a bold looking platform with gold and black branding, and celebrity endorsement from ex-tennis player boris becker. When it comes to assets, you’ll have plenty of choice at this UK broker as they have more than 120 on offer, made up of currencies, indices, stocks and commodities. The platform runs on techfinancials software, a popular name in the financial world. It’s intuitive, free from the kind of unpopular elements which can clutter a page and has a selection of charts that are updated using information from reuters in real-time.

Traders can experiment with time specific or asset specific investments, along with short or long term options. Payouts can reach 89% on longer trades, but unusually even on a 60 second option this broker pays out at 70%. 24option has live chat, phone, and email support for customers with queries.

Recommended broker 10trade

10trade has been online since 2014 and like most of the other top ten UK binary options brokers, it is licensed by cysec. The platform is focused on the forex market, but has a full range of over 100 underlying assets drawn from commodities, indices, stocks and currencies. Expiration times start at 60 seconds, and along with the familiar one touch options, there are ladder and long term choices to keep professional investors interested.

The interface is extremely user-friendly, with regular updates from reuters in a ribbon across the screen and risk management tools like the investment return policy, for people who lose out when making a trade. The education centre is highly accessible, with information presented in a number of formats to suit every learning style, and level of investor. When you need to get in touch, the 10trade helpdesk is open during normal UK office hours for phone or email queries, and they also have a live chat feature.

Recommended broker ubinary

Founded in 2011 and based in the UK, ubinary is owned by the PTT capital group which brings its fifty year experience to the platform. The interface is provided by paragonex, which is only used by ubinary at the moment and gives the site a bespoke look and feel. You can log in to an account at any time, providing you have internet access, and there’s also an app for traders who like to keep mobile. The 74 assets at ubinary are varied between stocks, commodities, indices and currencies; it’s not a huge amount but the most popular UK binary options stocks, like google, apple and facebook, and currency pairs, like EUR/USD, are all present. The pay outs can reach an impressive 95% here, using high/low trading instruments and short term, long term, or option builder investments. Customer care is excellent, boasting a six day live chat service, along with email and phone support.

Recommended broker CMC markets

A UK broker that was launched online in 2009, CMC markets has an impressive history that actually dates back to 1989. They provide the chance to trade on numerous products, including 320 currency pairs, and risk management is delivered through guaranteed stop loss orders, which you can opt in to if you wish. The platform itself is designed for ease of use, but includes a variety of tools and charts to give traders the best possible chance of predicting the performance of an asset. Regulated by the gambling commission of the UK, CMC markets also have a demo account to support new traders and a learning academy with videos, social networking, written guides and webinars on UK binary options. To get advice from a member of their customer care team, you can contact them by phone or email during UK office hours.

Top UK trading options and brokers sites

We are pleased to welcome everyone who is living in the UK and who is seeking a range of the very best binary option trading sites, and have spent a considerable amount of time putting together our website so as to showcase to you the very best binary option trading sites which offer a no nonsense approach and have a huge and very varied number of trading options available.

Should you be looking to trader either binary options or forex options then you should keep on reading for listed below are the cream of the online crop and with plenty of different binary option trading sites currently available to UK based traders then that does of course mean you are going to find some very generous sign up bonuses are on offer which will ensure you get maximum value from your binary option trades.

List of top 10 UK binary option sites for 2021

Licensed binary options brokers the UK

As binary options trading in the UK has become a much more mainstream type of activity and as the UK government has put into place strict guidelines and a regulatory body that oversees the running and licensing of binary options trading sites and apps, british traders have never had it so good.

So right at the top of your list of wants and demands, if you do fancy placing any type of binary options trades online or via a touch screen enabled mobile device should be a broker that is fully licensed and regulated.

There are of course many such brokers, and throughout this website you are going to be presented with the very best U.K. Trader friendly binary options brokers, each of which are guaranteed to be offering you a first class trading experience whenever you make use of their services and binary points related offerings too.

Just keep in mind though, that as a trader you are always going to be in full control of your own destiny, and as such read on for a little more information that should help you make an informed decision as to just which brokers sites and apps you should be utilising and which type of trades may be best suited to you too.

How to trade binary from the UK

If you are wondering just how to trade binary options when you are living in the UK in the online environment, then we are very pleased to let you know you are not going to have any problems what so ever, for binary options trading is perfectly legal from any part of the UK, and all of our featured trading sites and brokers will welcome you as a new customer without any trading restrictions.

Popular trade types in the UK

As the number of binary options traders base in the U.K continues to grow month in and month out, once thing you will need to be aware of to master the fine art of placing winning traders is just how ever single type of trading market works and operates.

Call and put trades – as you will want to get to grips with placing binary options traders when you first set about becoming a real money binary options trader then start off by placing the most basic type of options those being a call and put option would be my advice.

No-touch options – once you get your heard around the basic structure of the call and put trading market places you can then venture forth and trying placing all manner of unique trades and there really is a lot to like about placing no touch trades, either online or via a mobile trading app.

Double one-touch binary options – if you want to have the chance of making some very substantial binary options trading profits then I would also suggest that you spend a little bit of time looking at how the double one touch binary options trading environment works and operates.

Top 10 trading options in the UK

You may be sat there right now wondering if you are going to enjoy placing binary options traders online or via your mobile device at one of the many brokers sites that have their own standalone and highly advanced mobile trading apps.

If that is something you are thinking about doing but do not want to risk any of your own money finding out whether it is a trading environment you will enjoy, then simply open a demo account at any of our feature brokers sites or apps and then you can place any of the top 10 trade types that are listed below.

Stock trading

Gold prices

Silver prices

Platinum prices

Trading commodities

Gold related trades

Trading silver

Crude oil trades

Trading indices

Currency pairings

If you then find that you do enjoy placing binary options trades of any type and wish to then switch over to trading in a real money trading environment instead of via a demo trading account you will be able to switch over instantly and then make a deposit and start to place any type of trade that you have found appealing.

UK binary options trading bonuses

Being a UK based binary options trader you will of course need to make the effort to find a broker that is going to allow you to deposits funds into your real money trading account, place trades and also withdrawal any and all profits and gains you make too in GBP.

By finding such a brokers site or app then each time you go on to make a deposit or make a withdrawal then you are not going to see the value of those deposits and withdrawals being reduced in value by currency exchange rate fees and movement sin regards to your home currency with the one you may have been forced to use at a brokers site or app.

You are also going to be given access to a very diverse range of different welcome bonuses too, when you make what I just know is going to be the very smart and wise decision of signing up to any of our approved brokers sites and apps.

But please do make sure that before you imply jump in with both feet and claiming any binary options brokers sign up or on-going bonuses that you read through and are happy with the bonus related terms and conditions which you are going to be bound by when trading with bonus funds and bonus credits.

Payment and banking options

One aspect of trading binary options online that you will not wish to leave to chance is actually funding or withdrawing your profits to and from any of our featured and handpicked binary options trading sites, and it is for this reason that we have ensured every single trading site listed on our website have in place a diverse range of banking options readily on offer to anyone living or accessing these sites from the UK.

You should quite easily be able to move money into or out of any binary options trading site we have showcased to you on our website using a web wallet, any type of credit or debit card or should you wish you will also find that you can instantly fund your binary options trading accounts using a bank transfer.

Resources

One thing that you are going to have to have if you do want to start placing binary options trades form the UK is a trading budget, and you should always treat that binary options trading budget with the utmost respect.

A you have found out from above you can often find plenty of ways to boost the value if your budget when you want to start placing binary options trades of any type online or via a mobile trading platform in a real money trading environment.

But do also keep in mind that you will be best advised to avoid anything when placing binary options trades that wills see you having to incur all manner of additional fees and charges such as those often charged when using one type of payment method.

The easiest way to both make a deposit and/or a withdrawal to or from any binary options brokers site or app in the UK is by using a debit card as there will not usually be any fees for making such deposits and your profits can also be cashed out with no fees back to the bank account linked up a debit card too.

Frequently asked questions

The mobile trading apps that are going to be on offer to you from each of our featured binary options brokers are some of the most advanced ones that you are going to ever come across, and as such if you are thinking about getting an app to trade on you will be best advised to select one from our top rated brokers.

As far as whether you are going to find just as many trading opportunities on a mobile app, as you would do when trading via an online trading platform, well the answer to that question is yes, so you will never be making any comprises if you do choose to use an app to trade on.

You must understand that there is never really going to be a good time or a bad time to place a binary options trade of any type, for anything you do decide to trade on could move in value instantly, so do keep that in mind at all times.

Obviously when it comes to getting more than your fair share of things like trader bonuses, well on the slightly quieter days or times of the week than that is the best time to look out for such offers, deals and bonus promotions.

There are some very strict laws in place in many different countries of the world and all fully licensed and regulated binary options brokers much ensure their customers are the legal age to place such trades on any of their available trading platforms and apps.

So do not be too surprised if not very long after signing up to any brokers site or app to be asked to send into the brokers security department copies of your identification documents and also you may be required to send into them a recent utility bill, so that they can verify your identify, age and address too.[/toggles]