Such is their current momentum, it seems entirely plausible that binary options trading sites could knock Forex websites from their lofty positions to become the leaders in the financial services market. Generally speaking, UK trading platforms have long been some of the most preferred, with those dealing in binary options no exception. Binary options UK brokers have proved to be very enticing due to a host of reasons, mainly being the excellent features and reliable trading environments that they have on offer for binary trading participants. If you are ready to discover the top binary options UK platforms, read and you will be able to garner enough knowledge of the market to be able to make an informed decision. We think that you will very likely want to register with one of the recommended brokers that we have shortlisted.
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How Reliable are Binary Options UK Websites?
There is little to be concerned about when dealing with binary options UK platforms. Just like any other financial online area in Great Britain, binary trading activity is finely regulated and greatly supported by experts in the field. Legitimate authorities help preserve the trustworthiness and fair conditions for binary trading in the UK. And to make traders even more confident as to the reliability behind binary options UK websites, here are the relevant authorities who make that security a reality:
Financial Conduct Authority
The regulation of binary options broker is handled generally by the Financial Conduct Authority. Known simply by its abbreviated name of FCA, this is the organisation formerly known as the FSA (Financial Services Authority). The FCA is a financial regulation body in UK. Even though it is based here, the agency works independently from the government in UK, and its funds come from the different fees the financial services industry customers pay. The FCA focuses on binary options brokers, forex platforms, financial retailers and whatever else you can think of as to the financial market in general. Be aware that FCA is also in charge for giving and taking away licenses from brokers, who provide binary options trading. On the other side, the Financial Conduct Authority is also fully focused on accepting signals and suggestions for suspending brokers and for punishing those who appear to be operating fraudulently.
Since Great Britain is a part of European Union (well, at least until Brexit is completed), it is also logical to deduce that the union will be also supporting the binary options trading market. Indeed, EU forces its additional measures for the better and stronger customer protection, as well as for optimising the better operation of those brokers. Still, be aware that EU is only an additional – supportive – authority that provides recommendations instead of direct interference of the actual work behind the binary options UK brokers.
Why Choose Binary Options UK Trading Platforms?
There are many reasons that can make you choose a particular binary options trading platform that is based in Great Britain. However, to get a better feel for things, let’s explore several factors that make the UK binary brokers some of the very best. We list them here:
- Very reliable – In general what the agencies that take care of the safety at binary options brokers, but as to their work, so you can be quietly confident that the chance to get duped or mislead by such a platform is very low due to the high expectations of these agencies.
- Excellent customer support services – As compared to the international binary brokers, the UK-based platforms are really too popular to focus only on British citizens. As a matter of fact, the binary options UK websites orient their customer support to traders in general regardless their nationality. Such an approach provides them the faultless management of the overall security level and reducing the issues that a trader can meet during his or her experience in a particular UK-based binary broker.
- Intriguing bonus system
Do not underestimate the binary options UK broker’s bonus system. It always has something to surprise you with and regardless what type of a trader you are – whether beginner or advanced – you will be rewarded with numerous special promotions that will make your experience in the field even more enjoyable and hopefully more profitable. Don’t forget to claim for an offered bonus at any binary options UK web site where it is shown.
- Availability of all binary option types
Some brokers tend to offer only the most common binary options on their websites, but UK brokers skip such a selection and they mainly provide an abundance of binary types to choose from.
In conclusion, binary options UK brokers are well worth investigating further due to the compelling reasons listed above.
Other big and trusted financial authorities from other countries include the Australian regulated binary brokers and the Canadian binary options brokers.