H M Modern Essentials Selected David Beckham
The legal landscape for Binary Options trading in America is somewhat confusing Pocket Option Auto Signal Bot . There are two bodies that license and regulate online financial trading in the USA . These are the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) . Neither of these has shown an interest in licensing the majority of online brokers or putting together a regulatory framework that will allow them to trade in the US . There are however, some regulated and many offshore Binary Options trading sites that will accept you as a customer if you reside in the US.
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We suggest that US traders conduct their own due diligence and investigate each broker that you are considering signing up with, as not all will operate to the highest standards. With this in mind, however, see below for a list of approved and tested Binary Options brokers that will accept US traders.
Introduction H M Modern Essentials Selected David Beckham
We can confidently recommend these brokers as they offer their customers a safe and secure trading environment and each operates to the very highest of standards.
- Nadex – This fully CFTC (Commodity Futures Trading Commission) regulated US based broker is one of the most trusted for US traders. They are perfect for traders of all levels of experience as they, and even offer a number of resources from educational material to a $25k permanent demo trading account. Nadex offers trading with Binary Options and Spreads on their proprietary trading platform, which is also available on IOS and Android devices.
- RaceOption – This unregulated broker is one that we tested for a number of weeks. They are perfect for traders of all levels of experience that are looking for absolute simplicity in all aspects of their trading, from deposit to execution. The broker’s site is easy to navigate, and offers multiple deposit options, including Bitcoin and other popular cryptocurrencies and a number of popular currency pairs and assets. They are not our highest-rated overall, due to their “lean and mean” approach, but for those looking for a seamless process, RaceOption are ideal. Developed in HTML5, their platform is accessible via all popular browsers and responsive therefore adapts to all devices.
- Binarycent – Is an unregulated broker that offers binary options trading services to global clients. They are not restricted to any regions and openly accept US traders. We checked the broker and we noticed that they offer a hassle-free service that is more like trading traditional binary options, unlike Nadex, which operates as an exchange. As you’d expect with that name, their selling point is that they offer minimum trades of 10 cents. Their web platform is also slick and long-established. This is further supplemented by Android and iOS applications, which are convenient for traders on the move. A highly recommended broker.
Requirements of US Friendly Binary Options Brokers
US Binary Options traders should ensure that any US-friendly broker they use meets a certain number of criteria. We have compiled an overview of the items worth checking for your convenience below.
- US Banking Options – US Binary Options traders may have problems when trying to deposit and withdraw funds at some Binary Options brokers. Please make sure that any broker that you are contemplating using offers a wide range of cost-free banking solutions. Simply ask the support team of each broker how fast their withdrawals are, and if there are any fees or charges. You can then trade without issue.
- Trade in US Dollars – Some Binary Options trading sites may insist that you open an account in another currency other than US Dollars. This may be easier for the brokers, but please note that you will incur currency exchange fees when depositing and withdrawing funds. With this in mind, make sure any broker that you trade with gives you the option of funding and trading in US Dollars or find another broker that will!
- Multi-Platform Access – One final requirement that US traders may want to consider checking is the ability to access both the desktop and mobile trading platforms offered by most Binary Options brokers. This is worth considering as some brokers only permit US-based customers access to their trading platform by desktop. This is obviously inconvenient to traders who favour mobile devices, therefore it’s worth considering this when selecting a broker.