Some binary options brokers on our list have been placed in the “unknown locations” category simply because they do not state which jurisdiction they are operating out of. While this may be questionable in itself, it may also be that the broker forgot, or do not wish, to disclose its location. There may also be some binary options brokers that operate without a legally registered company in any country, and we recommend you stay clear of those.
Despite the fact that some regulators around the world have cracked down on binary options trading in recent years, several binary options brokers have continued to operate out of other countries. Traders who enjoy this type of trading will therefore still be able to do it, although they may have to look outside of their home country to find a suitable broker.