🏛️ Binary Options Brokers and Licensing Authorities
Registration with a reputable government body adds credibility to any binary options broker.
Regulators require brokers to implement policies and practices that minimize operational risk and protect both corporate and customer funds. They may impose penalties on brokers who violate rules, acting as a safeguard for binary options traders. Overall, regulation is important.
Each country has its own regulatory authority responsible for overseeing its financial sector. In recent years, many binary options brokers have obtained licenses from CySEC (Cyprus). Others have registered with regulators such as the FCA (UK) and BaFin (Germany). This is positive news for binary options traders. Below are the most important regulators in Europe by country:
- The United Kingdom -The domestic governing body for the United Kingdom is the Financial Conduct Authority (FCA UK)
- Cyprus -The domestic governing body for Cyprus is the Cyprus Securities and Exchange Commission (CySEC UK)
- Germany -The domestic governing body for Germany is the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin)
- France -The domestic governing body for France is the Autorité des Marchés Financiers (AMF)
- Spain -The domestic governing body for Spain is the Comisión Nacional del Mercado de Valores (CNMV)
- Italy -The domestic governing body for Italy is the Commissione Nazionale per le Società e la Borsa (CONSOB)
- The Netherlands -The domestic governing body for the Netherlands is the De Autoriteit Financiële Markten (AFM)
- Poland -The domestic governing body for Poland is the Komisja Nadzoru Finansowego (KNF)
- Ireland -The domestic governing body for Ireland is the Central Bank of Ireland (CBI)
- Sweden -The domestic governing body for Sweden is the Finansinspektionen (FI)
- Austria -The domestic governing body for Austria is the Finanzmarkt Österreich (FMA)
- Belgium -The domestic governing body for Belgium is the Financial Services and Markets Authority (FSMA)
- Czech Republic -The domestic governing body for the Czech Republic is the Česká Národní Banka (CNB)
- Denmark -The domestic governing body for Denmark is the Finanstilsynet (FSA)
- Finland -The domestic governing body for Finland is the Finanssivalvonta (FIN-FSA)
- Greece -The domestic governing body for Greece is the Hellenic Capital Market Commission (HCMC)
- Hungary -The domestic governing body for Hungary is the Pénzügyi Szervezetek Állami Felügyelete (PSZÁF)
- Latvia -The domestic governing body for Latvia is the Finanšu Un Kapitāla Tirgus Komisija (FKTK)
- Luxembourg -The domestic governing body for Luxembourg is the Commission de Surveillance du Secteur Financier (CSSF)
- Malta -The domestic governing body for Malta is the Malta Financial Services Authority (MFSA)
- Norway -The domestic governing body for Norway is the Finanstilsynet
- Portugal -The domestic governing body for Portugal is the Comissâo do Mercado de Valores Mobiliários (CMVM)
- Romania -The domestic governing body for Romania is the Romanian National Securities Commission (CNVMR)
- Slovakia -The domestic governing body for Slovakia is the Národná Banka Slovenska (NBS)
- Slovenia -The domestic governing body for Slovenia is the Agencija za trg Vrednostnih Papirjev (ATVP)
