Not all of the binary options brokers we recommend are regulated, but a fair few of them are. Regulation alone does not create trust, but it certainly is an important consideration. Quite simply, it means they are licensed by a relevant financial authority to operate as trade brokers. This is not the same thing as simply having a license to do business in their countries! A lot of brokers will refer to a business license as if it is the same thing as regulation, but it is not.
This unfortunately causes them to shut out legitimate companies from doing business with USA traders as well. Why is it important? The main reason to do it is because it can provide you with confidence and trust in your broker. Each broker that is regulated by CySEC or another financial authority is meeting the stringent requirements to hold a license.
Those requirements protect you , the trader. They ensure you are being offered a quality product and that the market prices you are receiving are fair. They also ensure you will receive your winnings in a timely fashion. Are there any drawbacks to regulation? Despite the fact that regulation can be a great asset which protects the trader, it can also make it impossible to trade if you happen to be located in the USA. CySEC is particularly strict about this, and will not permit their regulated brokers to offer services to USA customers at all.
In theory, those regulations should only stop US traders from dealing in currencies and commodities on binary options platforms not stocks and indices , but the CFTC has dealt pretty harshly with some legit companies in the past. As a result, most regulated brokers err on the side of caution. What do we recommend if you are a USA trader?
Thankfully there are some great binary options brokers out there that are intent on continuing to offer their services to traders in the US. And do not forget that you can always trade at MarketsWorld, which is a great choice anyway, since they offer such flexible services. No matter where you are located, there are a handful of excellent websites where you can trade binary options online safely—regulated or not. Check out our list of Top Brokers and click through to view detailed reviews on each.
Here are the regulated binary options brokers that we recommend: USA traders are not accepted. This was one of the first binary options brokers we ever recommended. License issued 6 April It does not get more flexible than that.
They also offer extremely competitive returns. If you are concerned about getting ripped off by a scam broker then you should open an account with NADEX and learn how to trade there. USA traders are not allowed. Additionally, IQ Option has reached out to financial authorities in almost all the member states of the EEA and has informed them that they offer services to residents of those states. IQ Option was not only one of the first binary options brokers to get regulated, but is also one of the first to be dedicated to working closely with financial authorities throughout Europe.
IQ provides plenty of trade types and offers some of the most comprehensive training resources in the industry. USA traders are allowed. Check out their site for amazing member benefits. Their platform also includes Option Builder and Pro Option. Resources include webinars, video tutorials, a guide to market indicators, and more. USA traders are allowed at this infamous sportsbook licensed and regulated in Curacao. Your capital is at risk. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved!More...