In the United Kingdom, binary options brokers are generally not allowed to offer binary options trading, according to rules from the Financial Conduct Authority (FCA) and the European Securities and Markets Authority (ESMA). However, some brokers may direct their non-EU clients who want to trade binary options to affiliated companies based in other countries. This way, some brokers may be able to circumvent the European-wide ban on binary options trading.
Although no binary options brokers in the UK offer their services to European clients, these traders can still look to overseas brokers for a reputable binary options broker to trade with. Interesting jurisdictions where UK traders are welcome include Australia, New Zealand, Singapore, and most of the offshore jurisdictions in the Caribbean and Pacific.