Tag Archives: UK

UK’s Best Binary Options Brokers For 2017

Choosing the best and most suitable binary options broker for is vital both for beginners and veteran traders. The better brokers offer numerous advantages to their clients.
Regulation – Regulated brokers are being supervised and audited for their financial stability and ethical conduct.
The FCA provides an EEA Authorised registration that confirms that the firm operating the binary options broker website is regulated in another European Economic Area (EEA) country that can offer certain products or services in the UK. The firm must meet minimum standards agreed across all EEA countries.
The Financial Ombudsman Service may be able to consider a dispute with this firm. Find out how to complain.
The compensation scheme in the country this firm is regulated in may be able to compensate customers if this firm fails. Contact the firm for specific details. The Financial Services Compensation Service may also be able to compensate certain customers if the firm fails.
Their traders also have a straightforward legal address to appeal in case of dispute with the broker
Payouts and bonuses- Some brokers offer better payouts and bonuses to their traders than other brokers.
Education, training tools.- The binary options industry leaders offer their traders various education tools such as books, video lessons, webinars, demo accounts to practice trading in a real market environment without risk. Some brokers even offer personal training.
Trading Tools: Charting tools, Trading signals and news feeds are few of the tools that the best binary options brokers offer to their customers.
Trading platform quality.
Customer service and overall respect to the clients.
The United Kingdoms’ Financial Conduct Authority (FCA), options .also knows the City’s Regulator, does not regulate binary options brokers in that are operating in the UK.According to the legislation in the UK, Binary Options brokers should be regulated by the UK’s Gambling Commission, yet, this law affects only in a case that a firm has its equipment stationed in the United Kingdom.
The European Union (EU) considers Binary Options to be a financial product. Under the EU financial services law, Binary Options Trading Brokers firms which are legally established and authorized in one European Economic Area (EEA) country are authorized to provide their services in any other EEA country, including the UK. Once certain procedural safe-conduct standards are met, the binary options brokerage company is listed on the FCA’s Register of financial services firms.
Firms offering these types of services in the UK will generally need to be authorized by the FCA. Many of the firms reported to us are not authorized by the FCA but claim to be based in the UK and often provide a prestigious City of London address or telephone number. In reality, they have no physical presence in the UK and are not based at the addresses they provide.
More coming soon
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