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Hello, just to be direct to the point, I’ve been practicing in my pocket option demo account for the last months, and I’m getting ready to start trading with real money now, but it as been hard to understand which broker is the best and safest to do it, a lot of people complain on review websites about a lot of brokers, so I kinda get worried about binary options to be honest, but I’m trying to look forward and be positive, can you guys just give me an opinion about which broker do you prefer and why?
Why is binary trading illegal? Regulation and fraud. Many binary option "brokers" have been exposed as fraudulent operations. In those cases, there is no real brokerage; the customer is betting against the broker, who is acting as a bucket shop. Manipulation of price data to cause customers to lose is common.
Can US traders use Pocket Option? Pocket Option is a binary options broker providing access to over 100 different assets ranging from forex pairs to company shares and cryptocurrencies. The brokerage offers regulated services for clients in over 95 available countries and regions, including the UK, the United States (USA), India and Europe.