The popularity of financial trading in the United Kingdom is without doubt. In fact UK binary options brokers were some of the first in existence. Consequently, traders in the UK have one of the largest choices when it comes to finding trading resources and brokers.
Trading with digital options offers one of the easiest ways in which to speculate on financial price moves. All you have to do is decide if the price of an asset will end higher or lower at the end of the contract. It is this simple trading that has proven to be so popular with UK traders.
|Company||Bonus||Min Deposit||Min Trade||Max Trade||In The Money||Out The Money||Regulated||More|
|250||$1||$18000||70-90%||0-10%||Yes||Visit NowRead Review|
|250||$24||$20000||80-89%||0%||Yes||Visit NowRead Review|
Top Brokers For UK Traders
Binary Options are very popular in the UK. This method of trading owes its roots to this region, with several brokers first starting their operations here. New traders are spoiled for choice. They can can pick from a huge universe of brokers.
There are no restrictions placed on the contracts or assets that can be traded. In a brokers asset Index you will find a comprehensive range of Currency Pairs, Indices , Stocks and popular Commodities. You can also trade all popular contracts including Higher/ Lower, Touch, Boundary, Pairs and 60 seconds binary contracts.
Best UK Binary Options Brokers
- Banc De Binary – With such a range of brokers on offer to UK traders a company has to stand out to make our pick. Banc de Binary is a top broker that is regulated and well established. It offers pretty much all of the features a trader could want. Good pricing and a wide range of assets make it a sensible choice. It also has responsive support should you need it.
- 24Option– Offering a platform based on the Techfinancials platform, 24Option is head to head with the leading brokers. It offers a good trading environment, excellent pricing and advanced trading features. Like our other recommended brokers it also provides mobile trading apps.
Getting started is easy. Completion of a simple online form is all that is need to take advantage of the free registration that brokers offer. The data protection act in the UK and strict regulation will that a broker will require some ID from you before you can withdraw from your account. This is a onetime process however. It is designed to prevent money laundering, identify theft and other scam activates.
Despite the popularity of binary trading in the United Kingdom, not all brokers offer the ability to run an account in GBP (Great British Pounds). Those that do will require you to designate GBP at the time of account opening.
Competition among companies has intensified in recent times. You will now find that many are offering VIP level accounts. These offer greater trading features and bonuses. Many ‘higher level’ accounts also give access to personal trading assistants, free analysis and advanced bonuses. A common bonus is the ‘risk free trade’. This lets you trade with no risk of loss for one trade.
In general even standard level accounts have seen an increase in the level of support provided. As well as offering materials to assist the trader, it is now easier than ever to contact your broker. As well as email support teams, you can contract brokers via online chat and telephone. Many offer toll free numbers with dedicated assistants ready to help in your region.
Financial Regulation In the United Kingdom
The UK market offers some of the strictest levels of regulation in the world. Financial operations are overseen by the Financial Conduct Authority (FCA). This body holds responsibility for all financial activity in the United Kingdom. It helps to ensure that activities of companies operating or offering services to UK domiciles are legal and carried out in an honest manner.
Many brokers offering services fall under the remit of financial authorities that are trusted and recognized by the FCA. This includes the Cypress Securities and Exchange Commission (CySEC). As a member state of the EU, this affords British investors similar levels of financial safeguards. These are in addition to the safeguards that are provided by the native regulator.