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On 3 January 2018, binary options became a regulated investment product, meaning that all firms trading in binary options need to be authorised by us.

Below is a list of firms without authorisation that we understand are offering binary options trading to UK consumers. This list is based upon information that we have received from consumers, partner agencies and from monitoring the binary options market. Many of these firms claim to be based in the UK but we believe that most of the addresses they provide are false and that the firms are actually based overseas. We are examining each of these firms to determine whether any are genuinely operating from within the UK.

Many of the firms in the list will use a trading name but will also claim to be operated or owned by a separate company which may be based overseas. In the list below, where relevant, we have included both the trading name, the ‘Firm Name’, and the operator/owner company, the ‘Owner/Operator’.

Find out how binary options work and what our concerns are.