A binary option is a financial exotic and fixed monetary amount or nothing at all. Binary Options Brokers are also called all-or-nothing options, digital options, and fixed return options.
Keep in mind that for the best binary options trading platforms experience you are advised to stick to those Brokers who hold a full and valued trading license. These are regulated by one of the many different licensing bodies that oversee the industry based on just what country you live in. There are some lists of binary options trading platforms the following:
US Brokers
You will find several different Binary Options Brokers and they are offering their services to traders based in the US, and it is both the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).
Many Brokers are based and headquartered in different countries other than the US you will find many of them are licensed by different regulatory authorities.
UK Brokers
This is one of the advantages of you living in the UK and you are not going to have any of the many restrictions placed upon you as to where you can place any type of Binary Options online, as the UK does have a very liberal attitude in regards to where their citizens can open Binary Options trading accounts at.
Australian Broker
There are certainly plenty of market world binary options traders based in Australia and that does, of course, mean you are going to find no shortages of Brokers who are going to offer you a range of services in regards to you being able to place absolutely any type of Binary Options related trades online.
Canadian Broker
You are going to search plenty of binary options brokers. They are offering their respective range of services to you as a trader. It is based in Canada and there is not one single regulatory body based in Canada that oversees and regulates the industry as a whole.
Binary Options Brokers for European Traders
You are expecting each European member state and they have own regulatory bodies. This oversees any type of financial institution or company offering any type of financial services, but one of the advantages of living in Europe.
Any Binary Options Broker licensed and regulated in one European country is going to be accessible to traders in any other European country.