Nadex, the Only U.S Regulated Binary Options Exchange for U.S Traders

Best Binary Options Brokers 2020:
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    Free Demo Account!
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  • Binomo
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Nadex

Nadex Review

Are you a U.S. citizen that wants to trade binary options, but is frustrated when every foreign-based broker states that, “U.S. citizens are not accepted at this time”? There is a home-based solution for you – It is called Nadex.com. The reason why foreign binary option brokers will not deal with you is because the CFTC regards their operations as nothing more than online betting parlors. They will not permit trading in binary options unless the options are offered on a regulated exchange. In order to fill this market void, the North American Derivatives Exchange (Nadex) came into being in 2009. The Nadex exchange is owned and operated by the IG Group, a leading international provider for Forex, Binary Options, and CFD trading, with Nadex company headquarters in Chicago, Illinois.

Trading on the Nadex exchange is very dissimilar to trading binary options with a typical broker based outside of the country. The option is actually a “tradable security”, as required by the CFTC. The style of trading with Nadex may be confusing at first and take a bit of time to understand, but the basics are the same – 1) you choose an asset, an expiry time and strike price; 2) you execute a buy or sell order after fixing your investment and payoff/loss potential; and then 3) manage your option until expiration (you can sell early, but only if there is a willing Buyer in the market). There are ample educational videos, archived webinars, and examples to guide you through the process, and customer service reps that can assist you with any queries. The system is definitely different. Nadex is an exchange, not a broker. Prices are set by the futures market. You are not betting against the House, as with foreign brokers. Your deposits are safe, too.

Nadex offers a live trading account, as well as a no-limit demo trading account. There are transaction fees- $1 per side for each contract – capped at $50.00 on the entry. Nadex waives the exit (settlement) fee for trades where the binary expires out of the money (at zero). International clients are welcome, but only if you reside in one of the 45 countries listed on the website. The platform is web-based, complete with mobile apps, and a Demo account comes free with $25,000 of virtual cash. Be sure to take advantage of the Demo for practice trading. The trading platform can be confusing and will take time to get used to. The asset list is smaller than you might expect, but does include forex pairs, commodities, and stock indices and a unique grouping of what they call “Event” options. Nadex offers both classic binary options and spread trades. The latter is similar to “Range” options. It may be tricky on the front end, but Out-of-the-Money options can produce returns of 300%.

Features at Nadex

The distinguishing features listed by Nadex on its website are as follows:

  • Founded in 2009 in the United States, with headquarters in Chicago, Illinois;
  • Wholly-owned subsidiary of the IG Group, a UK-based derivatives trading company, part of the FTSE 250 (Market Capitalization of £2.9 billion as of 31 May 2020), and listed on the London Stock Exchange;
  • Regulated and authorized by the CFTC;
  • Legal for U.S. citizens;
  • Minimum deposit is $250;
  • All customer deposits segregated in Top-Tier bank accounts;
  • One account classification, including mobile app and free Demo account with simulated $25,000;
  • Withdrawals are quick using ACH direct deposit or wire transfer;
  • Options are bought and sold on an exchange – There is no broker fixing the odds in his favor – You are not betting against the House;
  • Payoffs can vary depending on how far the price is out of the money, as is the case with real options, but a payoff of 300% for OTM options is not uncommon;
  • Asset choices include Currency Pairs (10), Commodities (7), Indices (8) and Events (3);
  • Events allow you to trade on the Fed Funds Rate, Non-Farm Payroll data, or Weekly Jobless Claims releases;
  • Trading platform is unique and proprietary that matches willing buyers with willing sellers;
  • Live technical charts are presented along side the order ticket;
  • Extensive Education and Support Center;
  • Customer support available “24×7” via email and direct phone line.

Supported Platforms

The Nadex trading platform is proprietary and takes some getting used to, but there are ample learning resources, trading examples, and a free Demo account for practice. The system is a blend of real option trading and binary options, where the exchange matches willing buyers and sellers, ensures fairness and transparency, manages payment issues, and offers options where risks are limited at the outset. You will never get a margin call, since orders will not execute unless requisite funds can be deducted from your account. Nadex also supports mobile applications, as its system is entirely web based.

Deposit and Withdrawals

Debit cards, wire transfers, paper checks, and direct deposit ACH transfers are the only supported methods for deposits and withdrawals. Identity information is required, as with other international brokers, but the real advantage with Nadex is that the delivery of funds to U.S.-based bank amounts can occur in a single day over the national ACH clearing system. Encryption techniques protect sensitive data for security purposes.

Customer Support

Customer service representatives are available “24X7” during all regular trading hours via email or direct phone. Nadex is open for trading from 6pm ET Sunday through 4:15pm ET Friday, excluding end-of-day processing hours which occur between 5pm and 6pm ET on Monday through Thursday. Extensive Education and Support Center includes webinars (both current and archived), videos, courses, handbooks, news and market commentary, and trade examples.

Nadex Conclusion

If you live in North America and want to trade binary options, then Nadex is the solution for you. Yes, it is different than the run-of-the-mill foreign binary options broker, but it is a regulated exchange with all the deposit safety, transparency, and peace of mind that this setup entails. It is unmatched by any other exchange. There are ample resources and a demo account to help you adapt to the Nadex style and format. They are a U.S. based and regulated exchange that offers over 10,000 contacts listed daily. As the management team at Nadex proclaims on its website, it is “The premier US-based, regulated exchange for binary options and spreads.” There is no competitor that comes close to this product offering in the U.S.

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Nadex Review – is nadex.com scam or good binary options exchange?

Basic Information

Minimum deposit Min. bet size Payout % Bonuses Trading platform Regulation
$250 $1 Up to 100% No Nadex Trader CFTC

Nadex, one of the two major binary options exchanges operating in the US (together with Cantor) offers trading in wide range of stock indices, forex, commodities and economic events. Its trading conditions are really good, with limited risk and predefined maximum possible loss and besides, as opposed to the “traditional” binary options brokers, trading with NAdex 100% legal. Not to mention that an exchange makes its money by facilitating the trades, not when its clients lose, which is often the case with forex and binary options brokers.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Unlike most brokers offering OTC binary options, Nadex does not offer any bonus schemes. Instead, it really places a focus on education, taking it to a new level. There is a rich Learning Center on its website, where you can find free e-books, videos, trading examples, etc. Besides, Nadex regularly organizes free webinars on how to use its platform, and also, how to make consistent profit.

Trading Accounts

Nadex has two different account options, depending on whether its client is an individual or a business entity. Besides, it offers free permanent demo accounts either.

The Company. Security of Funds

North American Derivatives Exchange, Inc.

Nadex is the premier and largest CFTC-regulated derivatives exchange in the US, offering binary options and spreads to individual traders who seek low-cost, limited risk ways to trade the financial markets.

Launched in 2004 under the name “HedgeStreet”, Nadex was acquired by UK-based IG Group (LON: IGG) in 2007 and later renamed as the North American Derivatives Exchange. The group operates major forex and binary brokerage brand IG.

Despite the efforts of a number of financial regulators to ban or restrict over-the-counter binary options trading, it is available in many countries. This, however, is not the case with the US. Binary options trading in the USA is allowed only on regulated exchanges, so it is less risky and more transparent. Derivatives exchanges match buyers and sellers and do not take positions in any markets. They must be regulated by the US Commodity Futures Trading Commission (CFTC) and are required to keep clients’ funds in segregated accounts and to meet a number of other requirements.

For example, US-regulated derivatives exchanges are required to publish on their websites various transaction and position information, immediately after execution. All the required records must be available for inspection upon request by CFTC.

Trading Conditions

Minimum Initial Deposit

Nadex requires an initial deposit of $250 from its clients to start trading. Such initial investment is not high, as many OTC binary options brokers (some of which are unregulated) require similar or even higher amounts as a start. For example, CySEC-regulated StockPair requires $500 as a start.

The minimum bet size at Nadex is just $1, which allows for better risk management. Many brokers offering OTC binary options require more require more, for instance, with StockPair one can place a trade with no less than $20.

Instead of offering fixed payouts for the different instruments and expiry times, Nadex’s payout amount depends on the strike price that the trader was able to open the option at. As a the CFTC-regulated exchange, Nadex should offer its clients a choice of binaries with multiple strikes (not just current price) with various payouts depending on how close they are to price at expiration.

If you hold the binary option until expiration, this value is either 100, if the contract expires in the money (100% payout), or zero if it does not. You may also close a position before expiration, either to take profits or cut losses. In that case, the settlement value is the price at which you exit.

Trading with Nadex also involves some exchange fees per lot which are capped to a set maximum and are fully disclosed and transparent. Clients of the exchange are charged $1 per contract to open/close, with a maximum of $50 per order. However, if a binary option expires at zero, Nadex waives the closing $1 settlement fee.

Trading Platform

Nadex offers its clients a proprietary browser-based trading platform, called Nadex Trader (mobile apps are also available).

The assets available for trade are in the ‘Finder‘ window and after selecting a particular instrument, a market opens up the time frames on offer for expiry of the option. Clicking the asset in the market list (or the ‘Bid’ or ‘Offer’) will open the trading ticket screen. The maximum possible profit and loss are displayed on the order ticket and you have to enter that maximum risk amount in your account as collateral. So, you can never lose more than this amount on the trade, because you cannot initiate a trade without entering these values.

Nadex Trader gives you a real exchange trading experience, and real-time indicative market data is streaming directly from the exchange. The platform’s technical analysis and charting are among the best in the binary options sector.

Methods of Payment

Clients of Nadex have the following payment options: Debit Card ACH, (Bank Transfer), Wire Transfer (Telegraphic Transfer), and Paper Check.

Keep in mind that wire transfer withdrawals are charged with a $25 fee and that non-US customers are able to use only debit cards and international bank wire transfer.

Conclusion

Nadex, the US unit of IG Group, is the largest US-regulated binary options exchange. Meeting one of the strictest regulatory requirements worldwide, Nadex offers limited-risk trading in more than 10 000 instruments, forex and cryptocurrencies, commodities and stock indices on its professional web-based platform. To sum up the above:

Pros Cons
A CFTC-regulated derivatives exchange No Signals service
Part of an international financial group (IG) No bonuses
Trading costs – Not high and transparent
Trading with limited risk
Professional trading platform
Extensive product portfolio
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Nadex 2020

  • Return up to: Varies
  • Min. Invest: $0.25
  • Min. Deposit: $250
  • Demo Account: Yes
  • Livechat: No

Nadex is one of the US regulated binary option exchanges. There are far more reasons to sign up with Nadex, though. In our Nadex review, we have tested all aspects of Nadex’ service.

In this article, we will analyze these aspects of Nadex’ business:

  • Unique Nadex features,
  • Nadex binary options types and assets,
  • Nadex banking.

With this information, you will know everything you need to know about Nadex, and you will be able to make a good decision on whether Nadex is the right exchange for you.

Unique Nadex features

Nadex is one of the most unique binary options exchanges traders can find. Usually, when we talk about features, we list all the things that define the character of the exchange. Every exchange has its very own mix of features, which gives the exchange an individual character, even though many other brokers share these features in a slightly different combination.

With Nadex, things are different. Almost everything about Nadex is completely unique, and there are many differences between Nadex and so-called European binary brokers. When we talk about Nadex’ features, keep in mind that saying that you can’t find these things anywhere else is not an exaggeration. If you want these features, you have to sign up with Nadex, or you will miss out on them.

Let’s look at Nadex’ unique features one by one.

Nadex is one of the few US regulated binary option exchanges.

Nadex is one of the only US regulated binary option exchanges based in the United States, and that accepts U.S. regulations. NADEX is regulated by CFTC (Commodities and Futures and Trading Commission).

For traders, this regulation is an advantage for three reasons:

  • You get more security. Binary options brokers and exchanges are based all over the world. Some of them are completely unregulated, some are regulated by an African government, and some are regulated by the European Union. While the European Union’s regulation is trustworthy, too, having an American exchange that adheres to American rules will make many traders feel better than having to accept an overseas government dictating their trading rules.
  • You can buy American. For many people all over the world, it matters where their product comes from. They would rather buy a t-shirt made in the USA than one from a third world country where children are forced to work. Nadex allows you to adapt this philosophy to binary options trading, enabling you to sign up with an exchange that is based in the country you respect.
  • You have less trouble with language and translation. As a U.S. based exchange, Nadex’ English is perfect. Every aspect of their homepage feels professional; their customer service is leaving a professional impression, and so on. With other brokers, things can be different. Since some of these brokers have to translate their homepages from another language, they often leave a lot to be desired and seem unprofessional, even though the broker itself might be trustworthy. With Nadex, there is no bad grammar and no bad spelling, which gives you the good impression on how this binary exchange operates.

Because of the CFTC’s regulation, Nadex offers unique binary trading experience in a legal environment. If an unregulated broker from the other end of the world stole your money, there would be nothing you could do. With Nadex, you know that there are some legal obligations they have to meet in order to do their business.

Multiple strike prices

Nadex offers the most flexible high/low options on the market. Other binary options brokers and exchanges offer their high/low options with only one strike price – the current market price. You can predict whether the market will trade higher or lower than right now after your option expired, but if you want to predict a strong movement, there is no way to predict a stronger movement. Consequently, you trade every movement with the same prediction. There are, however, many different types of movements, and trading them all with the same tool makes little sense. If you have found an especially strong movement, for example, only predicting that the market will close higher than the current market price would waste a large part of the movement.

It is important to highlight that Nadex is an exchange and that strike prices are determined solely by the market. Traders can also enter a trade at whatever price they are willing to buy and sell at. If another member of the exchange takes the opposite side, then the trade will be executed.

With Nadex, you are at times offered the opportunity to predict that the market will close above or below one of multiple strike prices. If you expect that a market that is currently trading is at $100 will move to $102, you can invest in a high option based on a strike price of $101.80, and you will be able to get a payout just like with a regular high/low option. This makes trading more interesting.

Free demo, no deposit required

Nadex is one of only two binary option exchanges that allow you to demo their service without having to make a deposit. To get the Nadex demo, you only have to go to their website, pick a username and a password, and you can start trading for free. In return, you get a fully functioning trading account with $25,000 in play money.

A demo is a great way to test a broker or a binary options exchange. Because you can trade with play money, you do not risk a single Cent while you find out whether you have what it takes to become a binary options trader, whether you like the broker, and which type of strategy is right for you.

Most brokers, however, require you to get a regular trading account before they allow you to test their demo. To get a regular trading account, you need to deposit money with the broker, which creates the unnecessary dilemma of forcing you to invest money in order to find out whether it makes sense to invest money. Often, these brokers require you to invest at least $250 or $500, sometimes even more.

With Nadex things are simpler, especially for beginners. Follow our links to the exchange’s website, sign up for the demo, and start trading risk-free on their demo account. That’s the way binary options should work.

Trading platform for modern traders

Compared to other exchanges, the Nadex trading platform is in a league of its own. Where other brokers force you to accept crude methods to analyze the markets, often only offering you a small price chart you can’t adjust, the Nadex trading platform allows you to use all of the tools a trader needs.

You can market movements as line charts or candlestick charts, apply technical indicators, adjust the chart’s time frame, and make all the adjustments you need to find a profitable trading opportunity.

Nadex trading platform continues the exchange’s commitment to a different, more advanced service. At the same time, it remains simple and easy to use.

  • If you want to keep things straight forward, you can ignore all of the more complex features.
  • If you want to learn how to perform technical analysis, the Nadex trading platform offers you the intuitive trading environment that introduces you to technical analysis
  • If you already know how to perform technical analysis, the exchange’s trading platform offers you all the tools you need.

All in all, the Nadex trading platform offers every type of binary options trader the right tools to execute the planned strategy.

Nadex binary options types and assets

Nadex offers assets in three categories:

Stock indices
Nadex offers stock indices both from the U.S. and from all around the world. Compared to ETFs and other conventional assets, the great advantage of trading these indices with the exchange is that you can avoid the subscription fee. Where banks and conventional brokers take a part of your money every time you buy an ETF, Nadex allows you to really trade your money without applying such fees.

To make the most of your ETF investments, it can make great sense to carry them over to Nadex.

Forex (currencies)
The forex market is the biggest market in the world by far. With a daily turnover of four trillion dollars, accessibility on six of seven weekdays, and no nightly brakes, the forex market is often considered to be ideal to trade it with binary options. Regardless of which time of the day you prefer to trade, you will always have all assets available to you, and they will always show the high trading volume that makes assets a possible investment opportunity for binary options.

Nadex offers 10 of the most popular spot forex pairs as limited-risk binary options and call spreads. You can trade them 23 hours a day, 6 days a week.

Commodities
Commodities are the second largest market in the world. Such goods as oil, grains, and gold are so essential to our daily lives and our economy that they, too, are traded 24 hours per day with a high volume. Additionally, many traders have a good intuitive feeling for what will happen next in the commodities market, for example whether the price of oil will rise or fall.

Since conventional brokers and banks only offer abstract, complicated ways of investing in commodities, many traders can profit from Nadex’ straight forward investment opportunities with binary options.

Nadex Banking

Nadex offers these deposit methods:

  • Debit cards
  • Wire transfer / bank transfer, and
  • Paper check (only for U.S. traders).

This list is unique in three ways:

  1. It allows you to deposit money via check. No other exchange offers this deposit method, which means that if you want to make check deposits, Nadex is the exchange you should choose.
  2. In an indication of Nadex’ seriousness in matters of security, they only accept debit cards. Debit cards have the advantage of only allowing their holder to spend money they actually have.
  3. There are no online payment providers. The internet is anonymous. While this is great for criminals, it is a problem for binary options brokers and exchanges that want to keep their business free from illegal influences. Nadex did the only right thing and eliminated the problem at its root, disabling all online payments.

For withdrawals, Nadex offers debit card payments, ACH and wire transfer. The exchange only allows withdrawals to the bank account and debit card you used to deposit money. This feature makes sure that nobody can steal your money, and that money launderers can’t use Nadex to cover their tracks, both features greatly add to your security.

The minimum deposit for all deposit methods is $250. Compared to other brokers, this value is at the lower end of available minimum deposits.

Nadex is one of the few US regulated binary option exchanges.

Conclusion

Nadex is a unique binary options exchange in every way. As one of the few US regulated exchanges Nadex offers higher level security than any other unregulated exchange. With the occasional offer of multiple strike prices, this exchange also allows you to trade binary options and provides you tools and features that will help you every step of the way. In combination, these two advantages make the exchange a strong combination for any binary options trader.

Best Binary Options Brokers in the US

Eric Huffman
Contributor, Benzinga

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Wall Street is often referred to as a casino, with investors placing their bets on whether a stock or index will go up or down over time. The big difference is that investors can often leave their bets on the table indefinitely, waiting out random price moves or short term market sentiments.

The fast-paced world of binary options is a different kind of casino, an all-or-none win-or-lose gamble on the price or direction of just about any security or asset. Winners can win big, possibly seeing a 70 to 80% return in a matter of minutes. However, a losing trade is a 100% loss of risk capital. The stakes are high.

Quick look – the best binary options brokers

  1. Nadex – Open an account
  2. Cantor
Table of contents [ Hide ]

What is a binary options broker?

Binary refers to something having two parts. In binary options, you can think of these two parts as being two sides of the trade – but you can also think of it as a yes or a no, or an up or a down or a win or a loss. There’s usually no in-between with binary options, no small gains, and no small losses.

Binary options brokers, much like other types of brokers, facilitate the trade. However, there are some distinct differences because many binary options brokers take the other side of the trade as opposed to just working as an intermediary.

Binary options brokers also differ from conventional brokers in that there is no option to buy or sell the underlying asset. A binary option on the price of gold doesn’t entitle the trader to purchase (or sell) the gold at the strike price. It’s simply a bet on whether gold will reach a certain price within a certain time frame, often with trade durations measured in minutes or even seconds. Binary options are a lightning-fast market and can be electrifying if you guess right – or just as shocking if the trade doesn’t go your way.

What to look for in a binary options broker

Regulation

For U.S. traders, CTFC regulation is an important consideration. To date, only a few exchanges are authorized by the CTFC in the U.S.

Clarity

Transparency is equally important. With losses frequently 100%, it’s critical to know your potential profit or loss before you make a trade. Clear terms and conditions help to aid traders in making educated trading decisions.

Active markets

Active traders know that fortunes can be made or lost in the inefficient chasm of a wide spread. An active exchange helps ensure a viable market with opportunities even on small moves in price.

Established brokerages or exchanges

Binary options trading is one area where new brokerages or exchanges should be time-tested before investing your money. Many brokerages have come and gone, or changed names overnight, feeding a healthy skepticism for binary options traders.

Red flags for binary options brokers

In many ways, binary options are the wild west of online trading, complete with the online equivalent of stagecoach bandits and fly-by-night snake oil salesmen. Brokerage contracts or terms and conditions may include limitations on withdrawals that can effectively trap trader funds and, in some cases, attempts to withdraw money may be refused. Before you move forward, check out the CFTC’s video below.

Name changes

If a broker you were considering has recently changed names, investigate further. Well-established brokers or exchanges don’t often abandon their branding readily.

Discussion board spam and exaggerated profits

Some binary options brokers have aggressive affiliate programs that pay people to get new customers for the platform. If it seems to good to be true, it might not be true.

Customer complaints

Where there’s smoke, there’s often fire. Customer reviews skewed toward negative user experiences provide enough reason to steer clear.

Upsells

Traders should be wary of brokerages that contact them to upsell or solicit a larger deposit. Often this upsell is accompanied “insider information” or by an offer of “bonus money”, free money that will be deposited into your account.

This money often has strings attached, such as a requirement that you trade X amount of your own money before the bonus money is released for trading. Less-reputable binary options brokers know they will get this bonus money back as well as the money you deposited, so there is no risk to them in offering “free” money.

Brokers that take the other side of the trade

Average potential gains from binary options trades with many online brokers is between 70 and 80%. Potential losses, of course, are 100%.

Mathematically speaking, if you aren’t coming out on the winning side on a strong majority of your trades, the house will slowly take all your money. Sometimes, this process is much faster, like when you make large bets or bet everything you have in your account. Brokers who are trading against you should be a red flag for traders and could signal odds that heavily favor the house.

Methodology: How we chose

Finding the best binary options brokers for U.S. traders can be confusing for traders because there’s only a handful of exchanges regulated by the U.S. Commodities Futures Trading Commission (CTFC). Other brokers may accept trades from the U.S. but might stop suddenly. Others block U.S. traffic from their websites. The CTFC considers unregulated binary options trading to be illegal.

The CTFC-regulated brokers are better described as exchanges. The only other parties to a trade are other traders. For the purposes of choosing the best binary options brokers, it’s better to think of brokers as platforms where you can execute your trades. All the brokers or exchanges we considered offer that core functionality, but they may use different mechanisms to provide a market and only a few are CTFC-regulated.

With many binary options brokers that are not regulated by the CTFC, the broker takes the other side of the trade. This can create a conflict of interest because the broker controls the rules and mechanics of the trading platform but also has a stake in the outcome of the trade.

It isn’t uncommon for some less-reputable brokers to extend the expiration until the trade swings back to their favor or to implement some other digital chicanery to separate binary options traders from their money. Traders in these situations are often effectively powerless, many with no viable recourse other than to stop using the platform.

In an online search for binary options brokers, you’ll find that most do not accept U.S. clients, including many that are regulated by other jurisdictions, such as the UK’s FCA or Australia’s ASIC. Options are sparse for U.S. binary options traders.

Best binary options brokers

We chose to limit binary options brokers in our lineup because very few are CTFC regulated in an industry that has had its share of unpleasant user experiences ranging from unclear terms and conditions to unresponsive brokers when traders tried to withdraw funds.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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