Should you be new to the world of Binary Options trading then you may be asking yourself if trading them is legal, and we are happy to report that trading any type of Binary Options online is perfectly legal!

There are many different online and mobile Binary Options trading sites that you can instantly become a member of, however we would strongly suggest you stick to those sites listed upon our website as they are all fully licensed and regulated and always adhere to the highest codes of ethics and standards.

Below we have put together some of the most commonly asked questions regarding the legality of Binary Options trading sites and brokers, and as such these will answer any questions you may have, and will also give you an idea of what qualities you should be looking for and demanding from any Binary Options trading sites you are thinking of becoming a customer of!

Are there any Age Restrictions for Trading Binary Options?

You will find that you have to be a minimum age to trade Binary Options online, much like when you buy any type of financial product or join up to any online gambling site, the operators and licensing jurisdictions of those sites require you are a certain age to start trading Binary Options online. This will vary from country to country but usually you have to be at least the age of 18 to start trading Binary Options online.

Which Licensing Authority Govern Binary Options Sites?

Each different country of the world will have their own unique regulatory body that governs, licensed and regulates online Binary Options trading sites, and below we have listed each regulatory body. Please ensure that when you join up to any Binary Options trading site the site is approved and has been registered by one of these governing bodies:

  • Austria – The governing body for all Binary Options trading sites offering services to Austria based traders is the Finanzmarkt Österreich (FMA).
  • Belgium – The governing body for all Binary Options trading sites offering services to Belgium based traders is the Financial Services and Markets Authority (FSMA).
  • Bulgaria – The governing body for all Binary Options trading sites offering services to Bulgaria based traders is the Financial Supervision Commission (FSC).
  • Cyprus – The governing body for all Binary Options trading sites offering services to Cyprus based traders is the Cyprus Securities and Exchange Commission (CySEC).
  • Czech Republic – The governing body for all Binary Options trading sites offering services to Czech Republic based traders is the Česká Národní Banka (CNB).
  • Denmark – The governing body for all Binary Options trading sites offering services to Denmark based traders is the Finanstilsynet (The Danish FSA).
  • Estonia – The governing body for all Binary Options trading sites offering services to Estonia based traders is the Finantsinspektsioon (The Estonian FSA).
  • Finland – The governing body for all Binary Options trading sites offering services to Finland based traders is the Finanssivalvonta – Financial Supervisory Authority (FIN-FSA).
  • France – The governing body for all Binary Options trading sites offering services to France based traders is the Autorité des Marchés Financiers (AMF).
  • Germany – The governing body for all Binary Options trading sites offering services to Germany based traders is the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin).
  • Greece – The governing body for all Binary Options trading sites offering services to Greece based traders is the Hellenic Capital Market Commission (HCMC).
  • Hungary – The governing body for all Binary Options trading sites offering services to Hungary based traders is the Pénzügyi Szervezetek Állami Felügyelete (PSZÁF).
  • Iceland – The governing body for all Binary Options trading sites offering services to Iceland based traders is the Fjármálaeftirlitið – Financial Supervisory Authority (FME).
  • Italy – The governing body for all Binary Options trading sites offering services to Italy based traders is the Commissione Nazionale per le Società e la Borsa (CONSOB).
  • Ireland – The governing body for all Binary Options trading sites offering services to Ireland based traders is the Central Bank of Ireland (Banc Ceannais na hÉireann).
  • Latvia – The governing body for all Binary Options trading sites offering services to Latvia based traders is the Finanšu Un Kapitāla Tirgus Komisija (FKTK).
  • Liechtenstein – The governing body for all Binary Options trading sites offering services to Liechtenstein based traders is the Financial Market Authority Liechtenstein – Finanzmarktaufsicht (FMA- LI).
  • Lithuania – The governing body for all Binary Options trading sites offering services to Lithuania based traders is the Lietuvos Respublikos Vertybiniu Popieriu Komisija.
  • Luxembourg – The governing body for all Binary Options trading sites offering services to Luxembourg based traders is the Commission de Surveillance du Secteur Financier (CSSF).
  • Malta – The governing body for all Binary Options trading sites offering services to Malta based traders is the Malta Financial Services Authority (MFSA).
  • Netherlands – The governing body for all Binary Options trading sites offering services to Netherlands based traders is the De Autoriteit Financiële Markten (AFM).
  • Norway – The governing body for all Binary Options trading sites offering services to Norway based traders is the Finanstilsynet – The Financial Supervisory Authority of Norway.
  • Poland – The governing body for all Binary Options trading sites offering services to Poland based traders is the Komisja Nadzoru Finansowego – Polish Financial Supervision Authority (KNF).
  • Portugal – The governing body for all Binary Options trading sites offering services to Portugal based traders is the Comissâo do Mercado de Valores Mobiliários (CMVM).
  • Romania – The governing body for all Binary Options trading sites offering services to Romania based traders is the Romanian National Securities Commission (CNVMR).
  • Slovakia – The governing body for all Binary Options trading sites offering services to Slovakia based traders is the Národná Banka Slovenska (NBS).
  • Slovenia – The governing body for all Binary Options trading sites offering services to Slovenia based traders is the Agencija za trg Vrednostnih Papirjev (ATVP).
  • Spain – The governing body for all Binary Options trading sites offering services to Spain based traders is the Comisión Nacional del Mercado de Valores (CNMV).
  • Sweden – The governing body for all Binary Options trading sites offering services to Sweden based traders is the Finansinspektionen (FI).
  • United Kingdom – The governing body for all Binary Options trading sites offering services to United Kingdom based traders is the Financial Conduct Authority (FCA).