Binary Options Trading in the UK

AikokitaAikokita Posts: 6
I've signed up to numerous brokers, hoping they had a way around the regulations of binary options in the UK to no avail. Is there a way for me to trade binary options and not CFD's on the forex market since the ban came in April 2019? If so how can i trade in the UK? Ive signed up to binary.com and i'm completely verified but im not allowed to trade binary options. Any help would be appreciated as i have went round in circles with different brokers trying to trade. Thanks

Comments

  • The_Geek_MHThe_Geek_MH Posts: 685 mod
    trading binary is hard in the UK , you may as well stick with CFDs. but you can check out our brokers here, they might be able to help you... https://www.binaryoptions.net/brokers/
  • AikokitaAikokita Posts: 6
    Thanks for the reply. I've done a small deposit, when I've got enough profit ill withdraw and let you know how it went.
  • kwamz89kwamz89 Posts: 1
    I am from the UK too, I was in a very similar position eventually I found spectre.ai ( It is recommended by this site too!)

    Also good cos your withdrawals are instant, they are linked to uphold.com
  • AikokitaAikokita Posts: 6
    Thanks. Ill make an account with them.
  • HulapointikHulapointik Posts: 34
    In fact, you can work through vpn with any broker if they're willing to accept you as a client. But here's another question - your safety. Even if you decide to do that, you'd do a good job of checking it out so you don't have to face fraud.
  • AikokitaAikokita Posts: 6
    I was thinking of using a VPN but when I tried it last time on expertoption, they wanted kyc documents which would of proved I was in the UK
  • The_Geek_MHThe_Geek_MH Posts: 685 mod
    Aikokita said:

    I was thinking of using a VPN but when I tried it last time on expertoption, they wanted kyc documents which would of proved I was in the UK

    which you should expect, financial institutions, especially the legal ones, have a lot of policy they must follow to prevent money laundering.
  • AchillesAchilles Posts: 28
    Most brokers take advantage of customer funds because they feel these customers don’t know how to get their funds back, But trust me there are hidden ways you can get your lost funds back from the broker. I was able to withdraw my $54000 from the two brokers i signed up with while trading. I’ve never done this before but i promised to recommend him if he helped me out and i’m glad he did, If you want to recover your money back then mail him [email protected]
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