While binary options was originally invented in the USA, it's also extremely popular in the United Kingdom. People living in the UK however are wondering if. There are lots of ways to lose your money in this world but here's one I hadn't encountered before: binary option Web sites. They have become. If speaking about binary option and Forex trading, residing in the United Kingdom traders have two main benefits. Trading options is not subject to any fees. This, coupled with the boom in internet trading over a similar period, has left regulation lagging behind the industry. At this moment the binary options laws of the United Kingdom are more or less the same to those of other European countries. If based in the UK most traders would expect to see an office based in London at a familiar address among all the other financial institutions. Withdrawals can take anywhere up to 5 days. Some of the difficulty in making such a decision has been removed by the brokers. If you are new to trading it is advisable to opt for a broker with a demo account facility so that you can trade with virtual money whilst you get used to trading. If you are new to trading it is advisable to opt for a broker with a demo account facility so that you can trade with virtual money whilst you get used to trading. How does a trader in UK discern a reliable binary broker from that of a scam? South Africa India Indonesia Philippines Singapore Thailand Russia United Kingdom Canada United States Brazil Australia. Binary trading strategies will be an individual choice. When it comes to safety that is all down to the reliability of the broker. Licenced in any country? The UK Financial Service Authority Traditionally it has been the UK FSA that regulated binary options. You can of course sign up and utilize the services of any Binary Options broker or trading site licensed outside the UK or Europe. Our reviews cover the educational material available, but firms do constantly update them. Licenced in any country? So, all legal European binary options brokers are implicitly also legal UK binary options brokers. The common answer is yes. In addition with tighter regulatory oversight, binary options traders in the UK will have more confidence in their broker hence enabling them to divert their attention more towards trading rather than constantly worrying if their broker will run off with their money.