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You can also check our scams page to find out which brokers are scams. Therefore you have to be extra cautious where you deposit your money. When looking for binary options trading brokers, you should take a few things into consideration:. Trading binary options in the United States is not that complicated. All you need is a regulated broker.
We recommend going with Nadex. It's more about safety than legality. There are no illegal brokers in the US. However there are many offshore brokers that are unregulated. You should really avoid these brokers, because unregulated brokers are know blocking traders' money on their platform. Because of though regulation in the US, not all brokers can accept US traders.
See the list above and pick a broker. All brokers listed on this page, accept american traders. I am a new trader. I am looking for a good binary options robot excepting US traders. Are there good ones out there? Beat me and others out of hundreds of thousands of dollars. They operated for about a year then disappeared. On the surface it seemed a legit business with a business plan and contract ect.
If you can find the where abouts of Ben Rossi let me know. I have come to the conclusion that there are no real options for US citizens to trade binary options. We can blame this on the Democrats and Rhinos in Congress that do not want US citizens training in currencies or precious metals on margin.
While it is legal for US residents to trade on the NADEX exchange the products being traded there are nothing like the binary option contracts providing by all other option brokers. The liquidity on NADEX is provided by human specialists who always offer extremely unfavorable prices.
In addition to this the number of underlying currency pairs is extremely limited. In my opinion the traders on the NADEX exchange are only there to give their money to the specialists. Hi, I traded with one of the brokers you have listed above that no longer accepts US traders as of You mentioned that they were one of the best for US traders.
They closed their doors not only to US traders, but I think to traders from other countries. I believe they have changed their name. The attorneys told me that they run their business from another country despite the fact they claim their offices are in UK and have a UK phone number. Is there really a place that has integrity that I can put some confidence and funds in here in the US? Sounds bad. This page lists all available brokers that accept US traders, however these are all ok brokers at best.
Can you tell us why nadex is complicated? I was just thinking about adding them on the site. Nadex is the only broker that is regulated at the moment. Nadex is NOT complicated at all. I recommend this site and am with their referral obviously Check out all of their videos and tutorials! Open a demo account free and then start trading….
What about finrally and bdSwiss. I am looking into something in the us that is not nadex because I want something that is not as complicated and easy. What are your thoughts? I have an account at Redwoodoptions. Have been trading with them for several years then they just vanished with my money. Hoe do I get it back or is it gone for good?
Your email address will not be published. Never risk more, than you can afford losing. Trading carries a high level of risk, and we are not licensed to provide any investing advice. Understand the risks and check if the broker is licensed and regulated. A percentage of the external links on this website are affiliate links and we may get compensated by our partners.
We are not financial advisors. Do your own due diligence. Known by the abbreviation of NFA across the binary options audience, the National Futures Association was at first the only body that gave official permissions and licenses to the USA trading brokers. Today, it still has such powers, but it also applies the significant and obligatory standards for all the financial brokers in USA — including those with binary options. Safety for clients — connected with the financial transactions and the personal data — is also taken by the NFA, too, and such cases can be opened according to specific procedures, too.
Compliances and electronic filings are options, which are available on the official NFA website, as well. The procedures and measures this commission takes are all focused on the better trading processing, as well as on minimizing the systemic risk. The CFTC is also in charge to promote market integrity and to stop any act of violation or abuse.
However, finding and charging frauds is the main mission that the Commodity Futures Trading Commission follows in its general work. Last, but not least, the CFTC is obliged to publically inform people about its actions — including about beginning an investigation for a suspicious binary brokers USA. By the way, keep in mind that the Commodity Futures Trading Commission is more active in binary sphere, because it covers commodities, as well. Those of you, who have already some kind of experience in this field, are aware that trading with binaries is highly connected with commodities and even when they make their predictions, they do follow the movement of the commodity market to buy the most suitable binary.
So, when you need any kind of information as to a certain binary option broker in USA and mostly as to its reliability and license, the CFTC is the one that you are supposed to turn to. Binary options USA brokers are now considered to be the newest, but one of the best trading platforms these days. Dev Ops.
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