Regulated Binary Options Brokers in US (CFTC) + Alternative Options

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!

Best US Binary Options Brokers – Updated August 2020

The trading of binary options has gained popularity across the globe, including in the US Importantly, before venturing into binary options trading, you should assess the regulatory environment in which your preferred broker operates. In the USA, where regulations and laws are sometimes restrictive, binary options trading is legal and anyone is allowed to participate.

Presently, there is no express regulation, both at the federal and state levels, which prohibit US citizens from participating in binary options trading. The United States Commodity Futures Trading Commission (CFTC) and the United States Securities Exchange Commission (SEC) regulate and supervise all activities taking place in the country’s financial markets.

Therefore, brokers offering trading services within the USA are required to be duly licensed by CFTC before being allowed to solicit US traders to register and trade binary options. The law mandates regulated binary options brokers USA to respect traders’ interests and security of funds. If a broker fails to oblige with the strict stipulations imposed by these agencies, then it will lose its license and risk other severe penalties.

Types of binary options brokers in the USA

There are two main types of binary options brokers in the US. The first category comprises of brokers established offshore and are allowed to operate in the USA market. This means that these brokerage companies are safe for US traders, as well. Such brokers are most commonly licensed in Europe and fall under the regulation of their country of origin.

The second category of binary options brokers in USA consists of those registered in the US. Before being licensed in the U.S.A., these brokers must demonstrate strict adherence to the stipulated laws and practices. As such, this will guarantee their commitment to providing traders with excellent and fair conditions for trading.

Binary options trading in USA has become quite popular and is gaining momentum with every passing day. However, a key drawback is that traders have a limited choice of regulated binary options brokers USA. for trading, mainly because of the restrictive oversight environment. Authorities in the US are very careful in the type of brokers allowed to operate in the country and are offering licenses only to a limited number.

Another reason of being so selective is the fact that the current binary options laws in the US are not yet well established. Nonetheless, it is expected that in the near future, the US would implement a new set of laws and regulations to enable the CFTC to award more licenses to both domestic and offshore companies.

Instaforex

Instaforex, headquartered in the United Kingdom, is a reputed binary options and forex broker allowed to operate in the USA and regulated by CFTC.

The broker has a strong team of experienced and dedicated professionals who are well known for providing traders with a fulfilling and hassle-free trading experience.

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!

Official website

  • Tradable Assets: Instaforex web-based platform has nearly 100 assets for trading, which consists of indices, currency pairs, commodities, and stocks. The types of options the broker offers are high/low and 60 seconds options.
  • Payouts: The broker offers high payouts of up to 85%, which is good for US industry.
  • Deposit & Withdrawal: Instaforex offers various popular and secure withdrawal methods.
  • Additional Features: broker has extensive education materials and excellent tools for trading.

OptionRobot

If you prefer automated trading software, then OptionRobot could be your solution for making your pursuits great and thrilling again. This binary options robot software accepts citizens from the USA, and automatically will choose US regulated broker for you to start trading.

Official website

  • Demo trading available
  • User-friendly and innovative automatic trading software
  • A variety of quality indicators
  • Supports different regulated brokers

Tips for Choosing US Binary Options Brokers

If you want to invest in the binary options market in the USA, you will need to find a suitable and genuine broker. While choosing a broker, you should consider various factors so that you are assured of the security of your hard-earned cash as well as quality trading conditions.

Here are some essential tips for choosing best binary options brokers USA.

  • Carefully go through the fine details, read reviews from customers, and check out the broker’s overall reputation.
  • Always study the entire website of the broker and read the FAQ section as well as other terms and conditions.
  • Look for features and other trading tools that enhance value and match your requirements. For example, a demo account will assist you experiment your trading style and acquaint yourself better with the offerings of the broker.
  • Assess the quality of customer service offered so that you know how your issues could be handled in the future.
  • Is the broker certified with a regulatory agency, either within the U.S. or offshore?
  • How many financial instruments does the broker offer? Does it offer bonuses and promotions? A broker providing an extensive range of assets and other enticing conditions will assist you spread your trading risks more effectively.
  • Check out the amount of payouts the broker offers. A broker with high payouts could help you make the most of your binary options trading.
  • Evaluate the types of accounts the broker offers. A good broker will tailor different account types to suit the varying needs and styles of traders.

If a broker is allowed to operate in the US, you are sure that it provides superlative and unmatched conditions for trading. If you are looking for the best binary options broker in USA., you should consider opening an account with one of the brokers above.

Nadex Broker Review 2020

Nadex is not a classical broker and most of the traders probably don’t know, but it is derivatives exchange company that only accepts US traders. In this review, we will talk about Nadex services, trading platform and all important facts that will help traders understand basic principles of trading their services.

Nadex Special Features

It is interesting to know that Nadex is one of a few companies that is regulated in the United States. Traders are always recommended to trade with regulated brokers because of a safer trading environment.

Trading with Nadex starts with $250 of deposit which is considered as the industry average. The minimum investment is only $0,01, offering beginners to place smaller trades. Signup is easy and in just a few moments traders can start trading with various trades or contracts, as they call them in Nadex. Registration with Nadex is free, but we want to point out there are some fees that can apply while trading.

Nadex provides a simple story, offering just two trading accounts. First Nadex account is demo account while another is real.

Nadex Demo Account is the best way a trader can start trading with Nadex. This also applies to experienced traders that used to trade with European brokerage companies. Trading with Nadex demo is free of charge and traders just need to fill basic info to start trading. Nadex demo account starts with $25.000 of virtual money that enables traders to experience trading platform services and place trades without any risks. Nadex demo platform is available for two weeks only.

Besides Nadex Demo account, traders can later switch to Trader Nadex platform that presents real account. Trader platform provides quick and reliable access to their portfolio. Nadex trader account provides traders with real-time charts which help them make simple decisions. Real-time charts provide detailed information about trades. Nadex Trader accounts allow traders to customize their portfolios which can improve trading experience.

Nadex Trading Software

Nadex platform is using Proprietary software that is user-friendly from what we can say. Trading interface is not designed as it is used to with European brokers and it reminds us of Windows platform.

Because of this, it is easy to use and traders might like it. Every time when a trader logs in, he will be welcomed with a daily overview of the market. Being updated with market news is useful and traders can adjust their trading plans accordingly. This is useful not only for experienced traders but beginners too, so use them wisely, because they will upgrade your results.

Nadex has ensured a desktop platform, but also there is a mobile version too. Nadex mobile app is available both for android users and those who use iOS devices. Mobile platform provides multiple services and lets traders track their trades, create watchlists, customize charts and of course to trade from anywhere they are. Mobile app supports all trading features that are provided on the desktop version, so traders can easily combine those two platforms.

Nadex mobile app has recently been upgraded and has some new features. Check more in our news article.

When we speak about trading options, unlike traditional brokers, Nadex focused on basic trading options that include

Traders who thought that can trade 60 seconds or similar options will not be able to do it with Nadex. The shortest expiry time is 5 minutes, and after that Nadex included 1 hr, 24 hr, 24+, End of Day, Week and Month expiry times. Nadex provided an opportunity to activate an early close feature that can be very handy when trader realize he has made the wrong prediction with his trading plan.

Nadex supports only a few assets. Traders are offered to trade with 10 currencies, 7 commodities, 8 stocks, 3 events and bitcoin. Trading with Nadex includes Forex trading too, so traders can combine binary trading and Forex.

Nadex is regulated by CFTC – Commodity Futures Trading Commission.

Nadex Support Information

Since Nadex is accepting US citizens only, trading platform and website are offered just in English. Since there are a lot of Latin Americans trading Nadex, we think they could include at least Spanish version too.

Traditional brokers usually offer German, French and Italian too, so this is maybe a good thing Nadex could implement it in future.

From our Nadex broker review, we have seen there is no live chat option with Nadex. It is something that most traders like, but in this case, it is not the option. Customer support is available by telephone or email. Traders can reach Nadex support from Monday to Thursday 9:00 AM-8:00 PM and Friday from 9:00 till 4:15 PM. We want to point out that Nadex support doesn’t offer their services on US holidays. Clients can contact Nadex using [email protected] email.

While researching Nadex website, we can say this broker has provided many useful educational handbooks for their traders. Nadex offers a variety of webinars and video tutorials that provide useful information about basic and advanced principles of binary trading. Some parts of education database are free for all traders and non-registered Nadex traders, but some of them are available only for registered Nadex clients only. Nadex provides big FAQ database with most important answers that may be helpful at the beginning of trading on Nadex.

Nadex Banking and Company Information

Nadex is a member of a global financial services provider that guarantees secure payment transactions.

As we have already mentioned, Nadex accepts a minimum deposit of $250 and it is available only for US customers. Traders are offered to deposit and withdraw using Visa, Paper-check, bank transfer, Bank Wire or MasterCard.

It is important to know that Nadex charges their traders with additional fees for depositing and withdrawing their funds. If using wire transfer for deposit, the trader will be charged with $20 for depositing and $25 for withdrawal request. Traders are limited to four deposits in a month. In a case of returned paper cheque, traders will be charged the additional cost of $25. Nadex has provided special fees document where traders can find out more about charges that apply for deposits and withdrawals.

Most of the withdrawals are processed within a same day, but some may take about 3-5 days, depending on a bank.

US Regulated Binary Options Brokers

There are many binary options brokers that claim to be regulated in the USA but unfortunately this is not always true. It’s important to understand that there’s a big difference between US regulated binary options brokers and brokers that accept US traders. Today there are many brokers accepting US traders but only one that is CFTC regulated.

Nadex and CFTC regulation

In America, binary options are regulated by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). To date only one broker has achieved regulation from them, and that is NADEX, an options exchange governed and monitored by the CFTC.

Nadex functions more like a typical exchange than an online broker and there is a fee structure for making trades, ranging from $0.90 to $9 per trade, depending on the trade. Brokers can’t offer stock trading without a FINRA (Financial Industry Regulatory Authority) license, so the Nadex exchange offers binary options trading on Indices, Forex, Commodities and Financial Events.

The minimum deposit is $100 and there is no fee to open a trading account but traders need to complete a regulatory questionnaire and submit the following information:

  • Permanent US Residential Address
  • Date of Birth
  • Social Security Number
  • Employer Name and Address
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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