Some forex brokers that are regulated by the Financial Conduct Authority (FCA) in the UK offer binary options trading under certain circumstances. What this means specifically is that binary options trading is only available to users who are signed up with a foreign-registered entity of the broker. The reason for this is that the FCA has banned binary options trading, just as regulators in the rest of the EU also have done.
Most of the time, binary options trading is conducted on dedicated binary options trading platforms. This is because binary options differ significantly from other types of trading in that there are only two possible outcomes; you either win or lose. As such, many traders argue that binary options trading is much easier to learn than traditional forex & CFD trading.