Are you a UK citizen looking to profit from binary options trading?
Want to know what UK binary options companies are most reliable?
Here is everything British traders need to know in order to gain from binary trading:
Exclusive UK based binary options firms
For regulatory purposes, many binary options companies do not trade in the United States. Therefore, they set their eyes on the UK based traders, as well as other European countries. These companies obtained the prestigious CySEC license which protects your investment bu supervising the financial activities of the brokers. Here are the top companies operating in the UK:
UBinary is the largest binary options broker worldwide, and besides the Cyprus Securities Exchange regulation, it is also fully approved by the FCA in the Unite Kingdom, the only broker to currently offer such an advantage. This broker gives you access to tutorials, ebooks, an online magazine and the best financial adviser of the binary options field. Furthermore, it offers a 100% cash bonus as well as the highest payouts in the market:
OptionBit is the 2nd largest binary broker worldwide and in fact, has an enormous market share in the UK. It is the only broker to offer access to Algobit, the best and most accurate trading signals tool, which you can access and use for free to improve the profitability of your investment. This fully regulated broker also offers a very impressive list of assets for you to choose from. With an excellent reputation and the most advanced trading tool in the binary market, it is a perfect choice for British traders.
Banc de Binary offers what is considered by many in the field to be the best one-on-one training course. Traders have reported more consistency in their results and an increase in profit levels after joining Global Option and learning from their expert advisers. If you are new to online trading and want to experience similar success, choose this broker.
Binary Options UK – Comparing benefits and limitations
There are a few advantages when selecting a British binary broker:
- Business hours are parallel to your time zone
- Asset lists have more European stocks, currencies and indexes
- Account managers understand your culture (and your accent…)
- Fellow British investors can give you feedback
Yet the benefits of choosing a multinational binary company might offset the above:
- Larger assets lists which enable you to create a diverse investment portfolio
- Financial advisors with experience in all multiple markets worldwide
- Better and more numerous educational tools
- Privately owned trading platforms
- Higher payouts
This is yet another example how brokers choosing to avoid the difficulties of the US market legal demands end up having less to offer to customers.
European Binary Brokers
Certain European brokers have created niches that can allow traders to benefit from specific situations regardless of the size and market share of the companies. This are indeed rather small European based binary brokers, registered in Cyprus for regulatory purposes but catering to UK customers with great success. The secret of these rather small firms is their ability to give a very individualized financial guidance to customers.
Although there is a charm in it, you are better served choosing to work with stronger corporations, which have more experience and are able to give you more tools and benefits with which to succeed in binary trading.
That being said, such newcomers are a positive addition to UK binary options companies, giving British traders an opportunity to find brokers which are tailor-made to meet their demands.
Binary Options UK – Summary
- Most British binary options brokers do not operate within the USA
- EU regulation is the main reason, an advantage that has given UK traders more and better brokers to select from
- Cedar Finance is not a good example, but when compared to other large multinational binary options companies, small UK binary options firms usually offer traders a less attractive package of online financial services
- Although there might be some technical advantages in opting for a local brand, when it comes to your money, preferably opt for a binary company that can offer what you’d expect from a large corporation
- The British binary options market has seen a constant increase in volume in recent years