Official regulation consists of an approved set of rules that is monitored and enforced by an identified Regulatory Body, such as the UK Financial Conduct Authority FCA , the Cyprus Securities and Exchange Commission CySec and the USA Commodity Futures Trading Commission CFTC.Binary Options : Iq Option Tournament [Binary Option Fca] [Binary Options Fca]
FCA Registered Binary Options Brokers If a binary options broker achieves an approved status of becoming fully regulated by such authorities, then they must conduct their operational activities in strict compliance to its stipulated rules in order to offer their binary options services and products legally.
These brokers will also be audited by their designated regulator on a specified timely basis in order to verify that they are operating in full agreement with its rules and conditions. In contrast, a binary options broker is considered to be registered with a regulatory body if it applies and is subsequently accepted as part of a group that is already a fully regulated member.
A good example is a subsidiary or branch of a larger enterprise that has already acquired regulatory status.
The names of registered members are added to an official document together with other important details such as its scope of business, physical address and qualifications, etc. However, an importance difference is that as a registered member, the firm will not be audited directly by the regulatory body.
As such, the company can still conduct its business as it feels fit, if desired. However, as registration is normally the preceding step before applying for full a regulated status, registered brokers are therefore very unlikely to start adopting undesirable policies. Great Britain has witnessed a surge of interest in this binary options trading within the last few years. As such, if you are an UK citizen then you need to appreciate that the most dependable and premier brokers are those regulated by the FCA.
As such, you should always quickly confirm whether any broker of interest complies with this important stipulation by visiting the official FCA website at fca.
The original regulatory body in the UK was the Financial Services Authority FSA which was completely closed on the 1 st April by being split into the FCA and the PRA Prudential Regulatory Authority.
The primary mandate of the FCA is protect the interests of traders investing in the UK financial markets.
Consequently, if you planning to become involved in such operations then you are well-advised to select a binary option broker that is fully regulated by the FCA. Banc De Binary — Read our Review Here!
FCA Regulated Binary Options Brokers (UK)
Band de Binary is regulated by both the CySEC, based in Cyprus, as well as the FCA. Banc De Binary definitely has an outstanding reputation as a leading binary options broker. This firm enables its clients to execute binary options based on assets located within the four main trading sectors, which are commodities, indices, equities and currency pairs.
IG Markets — Read our Review Here! This broker was launched in and established an on-line presence in Initially, IG Market attained an impressive reputation for enabling its clients to speculate on both the stock and currency markets.
In recent years, this firm realized the potential of binary options at a very early stage and subsequently became a pioneer in promoting this new trading mechanism. This broker offers outstanding tools, facilities and services providing its clients with the optimum chances of trading binary options successfully. AnyOption is regarded by many experts to be a world leader in the provision of technical tools and facilities to trade the binary options market. AnyOption has achieved great heights since its inception so that it now supports one of the most popular and renowned binary options trading platform in the world.
Anyoption has successfully achieved the status of a full FCA regulated broker.
As such, this broker is classified as a very safe choice as can be confirmed by its impressive standing in the binary options marketplace. The company has now grown substantially in size so that it has a global presence in over countries. OptionWeb has established an impressive reputation since its inception by becoming one of the most popular binary options brokers in countries, such as the UK, Italy, France and Cyprus.
Its UK operations are regulated by the FCA ensuring that its clients can expect impeccable service of the highest quality. Registered members can execute binary options by basing them on well over different assets.
In addition, OptionWeb supports a number of option types including an option builder, the standard call and put, 60 seconds and one touch. Mail will not be published required.
Best Regulated Binary Options Brokers – CySEC - FCA
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