Best binary options traders

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It is perfectly legal to trade binary options in the USA.Most binary options brokers are located offshore.

Best Of List – Top Binary Options Brokers Accepting USA Customers

1 hour cashouts
0 Min Deposit
min trade size
30 and 60 second options.

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100% free Demo Account
Min Deposit
min trade size
Regulated & Licensed.

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SpotOption leaves USA market effective 9/14/15. Down goes Spot option brands Cherry Trade, PorterFinance and Goptions. *Update CherryTrade back accepting USA clients.

Brokers bounce back with new platforms and able to accept US including PorterFinance.

Fact: There are numerous binary options brokers online who accept customers in the USA.Fact: Brokers that accept US customers today may not tomorrow.

The next thing many traders ask themselves is if they are doing any illegal trading binary options online. While we are not lawyers and this is not legal advice of any kind, you are not breaking any laws by trading binary options online unless there is something specific based on where you live. With that broad generalization out of the way, lets take a look at a few of the USA regulatory and licensing authorities at the Federal level.

Officially Regulated Binary Options Websites in the USA – Legality – Licenses – Regulations

Not only is it legal, but there are actually several officially regulated binary options sites which are operated by exchanges located in the USA.

The CFTC

you are not going to find any offshore brokers who are regulated with the CFTC

You can search for any business in the directory on the CFTC website and confirm for yourself whether or not that business is regulated by the CFTC. Brokers that dodge questions about regulations usually are not regulated at all. There is really no reason not to be up-front about it, since it does not by itself indicate a lack of good faith. So if a broker refuses to answer your questions about regulation, you should probably avoid them, since they may be feeling guilty about the way they’ve been treating their customers. If a broker admits to you upfront that they are not regulated, that actually indicates more trustworthiness since it is honest and forthright.

Why Do Regulated Offshore Binary Brokers Avoid USA Customers?

As time progresses in the young years of the binary options market, the CySEC regulated brokers (an EU country) are no longer allowed to accept USA clients. I’m talking specifically about sites like Banc De Binary, which left the US market in January of 2013 and sites like 24option who also no longer take US traffic.

They (BancDeBinary) were subsequently sued in June of the same year by the CFTC for soliciting US clients. Other long time stalwart broker, 24option.com stopped accepting US traffic in June of 2013. Then not too much later one of our long time favorites also left, TradeRush.

Why do so many brokers refuse to offer their services to customers trading in the USA if trading binary options is legal for USA traders? The reason has to do with a specific CFTC statement concerning commodity options. The wording is a bit confusing, and some brokers just prefer to steer clear so they do not make a mistake and upset the CFTC:

Basically, a company (offshore or otherwise) must either be registered with the CFTC or that company may not allow you to trade commodity options—in other words, currencies and commodities.

BestBinaryOptionsBrokers.net “Top 10 Binary Options Brokers USA 2015”

  • finpari
  • MarketsWorld (100% free demo account)

Source: http://bestbinaryoptionsbrokers.net/usa/




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