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Check firm authorisation
Use the FCA Firm Checker to verify any provider. Since the UK banned binary options sales to consumers from 2 April 2019, current offers are likely scams.
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Spot scam tactics
Watch for social media ads, fake UK addresses, manipulated prices, and pressure to invest quickly. Fraudsters may promise unrealistic returns or use surprisingly modest offers to seem legitimate.
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Know the risks
Binary options are fixed-odds betting. Correct predictions yield returns; wrong ones mean losing your full investment. Consider seeking financial advice first.
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Report concerns
Contact the FCA on 0800 111 6768 if scammed. Beware follow-up frauds offering recovery for a fee.
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