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U.S FRIENDLY BROKERS

Which are the U.S FRIENDLY Binary Options Brokers?

The end of September 2015 brought a turmoil with Binary Option trading for U.S traders. The decision by Spot Option, who is the largest provider of software platforms preferred by most Binary Options brokers to close its doors to U.S traders left the world in a turmoil. U.S traders holding accounts were not rejected. But new traders are certainly finding it more and more challenging to find brokers who will actually receive their deposits.

Why did this happen? The CFTC, which is the U.S trading regulating body, enforced strictures on regulations. Offshore and non US regulated brokerages became strictly prohibited to solicit US trader. Strictly speaking the only Binary option brokers in the US that are regulated by the CFTC are Nadex and Cantor Exchange. As a consequence of this decision, we are now slowly seeing serious brokers such CTOptions and Finpari, adopting new platforms in order to be able to provide a service to the many new traders In The U S looking for trading opportunities.

ThunderTrade is yet another broker, which is US based with an interesting platform that is allowed to accept new traders and Tradorax have now started accepting around 40% of US traffic directed to them.

Who is the CFTC?
Commodity Futures Trading Commission
U.S. Commodity Futures Trading Commission
Official seal
Agency overview
Formed April 15, 1975
Preceding agency

Commodity Exchange Authority

Jurisdiction Federal government of the United States
Headquarters 1155 21st Street, NW, Washington, D.C.
Employees 435 (2006)
Agency executive

Timothy Massad, Chairman

Website cftc.gov

The U.S. Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974, that regulates futures and option markets.

The Commodities Exchange Act (“CEA”), 7 U.S.C. § 1 et seq., prohibits fraudulent conduct in the trading of futures contracts. The stated mission of the CFTC is to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to foster open, competitive, and financially sound futures and option markets. After the Financial crisis of 2007–08 and since 2010 with the Dodd–Frank Wall Street Reform and Consumer Protection Act, CFTC has been transitioning to bring more transparency and stricter regulation to the multitrillion dollar swaps market.

See full review on the Wikipedia link

https://en.m.wikipedia.org/wiki/Commodity_Futures_Trading_Commission

The future and Binary Option Trading in the United States

Although the situation looks rather grim st the moment, since most Signal software and Auto Traders cannot be accessed via US brokers, it is certainly looking brighter for US brokers by January 2016

In a very recent YouTube review Michael freeman, who is a respected blogger for binary options trading, and in constant contact with many brokers, assured that by January 2016, most brokers will be providing platforms which are compliant with CFTC regulations and trading should resume normality also within the US.

In the meantime however, the Binary Option Sheriff will continue to give our US Traders all updates as we receive them. If you are interested in receiving updates on trading binary options subscribe to our site below.

  • If you’re in Europe, Canada or South Africa, I suggest signing up with 24 Option which is one of the most reputable EU-regulated broker.
  • US-traders should ONLY go with Nadex
  • Are you in Australia/New Zealand? Pick Banc de Binary
  • Looking to start with a free demo account or a very low deposit broker ($10), IQ Option would be the best choice.
  • If you prefer a SpotOption broker, I totally understand! Check out Cherry Trade

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Information on BinaryOptionSheriff.com should not be regarded as recommendations to Trade Binary Options. Trading Binary Options carried substantial risk of loss of capital. BinaryOptionSheriff.com is not licensed nor authorized to provide advice on investing and related matters. Information on the pages of BinaryOptionSheriff are only guidelines and should not be treated as investment advice. Clients without a good knowledge of Binary Option trading should seek individual advice from an authorized source. Past performance is not a guarantee for future returns. BinaryOptionSheriff.com does not accept any liability for any loss or damage as a result of reliance on the information contained within this website. This website is independent of the Binary Options Brokers and the Signal Software featured on it. Before trading with any of the brokers, or using Signal software, clients should make sure that they fully understand the risks and check and ensure that the broker of their choice is licensed and regulated. We recommend choosing an EU regulated broker if you reside within the European Union. US REGULATIONS IMPORTANT NOTICE. Binary Options Companies are not regulated within the US. These Companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority 9FINRA). Please NOTE that any unregulated trading activity by U.S. Citizens is considered unlawful. Trade only at your own risk. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. All information on this website are for educational purposes only and are not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Binary Option Sheriff.com and any authorized distributors of this information harmless in any and all ways.

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