Australia is one of the jurisdictions where binary options trading is still permitted, and some binary options brokers thus continues to operate there. In Australia, all binary options brokers are regulated by the national financial regulator known as the Australian Securities and Investments Commission (ASIC).
The Australian regulator is known to have a friendlier attitude towards binary options brokers and trading than regulators in for example the United States and Europe. In addition, this regulator also allows for more leverage and fewer restrictions in trading of other instruments than its other Western counterparts. Among other things, ASIC’s stance on these issues has contributed to make Australia a popular jurisdiction for binary options & forex brokers from many parts of the world.