: The FCA has a permanent ban on selling binary options to retail consumers.
: Some platforms reconfigure algorithms to ensure trades fail at the last second or extend expiration times until a winning trade becomes a loss.
: The most common complaint involves platforms that ignore withdrawal requests or cancel them without cause.
Binary options are often viewed by regulators more as than investing because the "house" (broker) typically has a mathematical edge. In many structures, a trader must win more than 54.5% of the time just to break even.