Binary options gambling licence

Binary options gambling licence

 · The UK Government is consulting on proposals to treat binary options as a financial rather than a gambling blogger.com would mean binary options For the time being, the UKGC clarifies, any binary options operator that is based or has key equipment in Great Britain, must hold an operating license from the Gambling Commission. Join the iFX EXPO Asia and discover your gateway to the Asian Markets. There are a number of licensed operators in this category Binary Options - Trading or Gambling? | Finance Magnates

Binary options trading

The most probable reason for the timing of the warning is to inform binary options brokers that they still require the approval of the UKGC to operate in the country. Binary options betting operators in the UK are currently regulated by the Gambling Commission. This is set to change in the future, as regulation binary options gambling licence such products transfers to the Financial Conduct Authority FCA.

For the time being, the UKGC clarifies, any binary options operator that is based or has key equipment in Great Britain, must hold an operating license from the Gambling Commission.

Join the iFX EXPO Asia and discover your gateway to the Asian Markets, binary options gambling licence. There are a number of licensed operators in this category. Those operators are required to emphasize on their websites, that they are licensed by the Commission, whether or not they hold other licenses from other regulators. Binary options operators that are based overseas binary options gambling licence not need a Gambling Commission license to market to UK customers.

Reputable operators will, however, binary options gambling licence, be licensed in the jurisdiction in which they are based. Anyone considering taking part in binary options betting is advised by the UKGC as follows: Check you are dealing with a licensed operator — binary options operators based in Great Britain currently need to be licensed by the Gambling Commission and to display this on their websites.

Operators in reputable jurisdictions will have their own domestic regulators, binary options gambling licence, most of whom have similar online registers. An unlicensed operator is likely to be acting illegally. They will not abide by any code of conduct and have no incentive to deal fairly with you.

Unlicensed operators are likely to use false names, addresses and contact numbers — they can disappear with your money and without a trace, making recovery impossible. If something sounds too good to be true, it probably is- There is no such thing as a risk-free transaction involving binary options, any more than there is a risk-free bet. Likewise, you should be cautious before placing money with an operator that promises unrealistic returns.

Beware binary options gambling licence cold-calling- If you have not contacted an operator beforehand, it would be wise not to engage with them and you should not give them any personal information. Beware of false claims about operator regulation- Binary options operators based in Great Britain currently need to be licensed by the Gambling Commission and to display this on their websites.

Binary Options are Gambling Not Investment!

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Binary Options Brokerage License Binary Options activities can be highly regulated. If a company offers Binary Options services to its clients (Corporate or Personal), the company must be issued with a Binary Options License  · The UK Government is consulting on proposals to treat binary options as a financial rather than a gambling blogger.com would mean binary options Binary Options - Trading or Gambling? | Finance Magnates