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PaulB
PaulB, Solicitor
Category: Law
Satisfied Customers: 621
Experience:  9 years post graduate experience in general commerical law
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Might be a stupid question, but I assume trading in binary

Customer Question

Might be a stupid question, but I assume trading in binary options is legal in the UK?????
Submitted: 1 year ago.
Category: Law
Expert:  PaulB replied 1 year ago.

Hi Gordon

Yep they're completely legal in the UK/EU, they're classed as a gambling product in the UK right now, but that might be subject to change, and they might be reclassed as a financial product instead (which means more protection for traders)

See - https://www.fca.org.uk/news/statements/binary-options--potential-changes-in-regulation-

PaulB and 2 other Law Specialists are ready to help you
Customer: replied 1 year ago.
Great, thanks, ***** ***** my mind at ease.
Expert:  PaulB replied 1 year ago.

No problem

IG is one of the few, perhaps the only regulated ones in the UK (There might be more by now), so feel free to check them out.

http://www.binaryoptions.co.uk/IG

and

http://www.ig.com/uk/binaries-trading