The FCA has published a web page concerning binary options.
Binary options allow consumers to speculate on the short term movement in the price of financial instruments such as shares. At the moment the UK Gambling Commission regulates binary options but only if the firm has remote gambling equipment located in Britain.
However, the UK Government is consulting on proposals to treat binary options as a financial rather than a gambling product. The consultation closes on 18 June 2015. If the proposals are adopted it would mean that binary options will be regulated by the FCA rather than the UK Gambling Commission.
View Binary options – potential changes in regulation, 26 May 2015