Binary option trading uk reviews tv


Whilst many Binary Options companies claim to be located in the UK, research has revealed that the vast majority are based abroad and have no physical presence here.

Shell companies are registered in various financial jurisdictions and money is routed through multiple accounts, obscuring the perpetrators and hampering law enforcement efforts. Law enforcement response Despite the fact that the majority of Binary Options companies operate from outside of the UK, Action Fraud working alongside the National Fraud Intelligence Bureau (NFIB) continues to work with international law enforcement partners and the banking industry to tackle the issue by implementing changes, either by introducing an outright ban or through rigorous regulations to control this activity.

We advise UK victims and all those who have been targeted by UK based Binary Options companies or paid money into UK bank accounts, whether residing in the UK or not, to r eport to Action Fraud.