NYStockOptions Broker Review

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NYStockoptions

NYStockOptions are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

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NYStockOptions Archive Review

It surprises me that people just don’t seem to learn from history. What am I talking about? A new binary options fraud the level of which I have never seen since Banc De Binary’s attempt to enter the U.S. market. They tried to use press releases, false addresses and misleading information to lure the public into thinking that they were at least operating in New York if not actually in talks with the CFTC for regulation. What did they get? A firm smack on the wrist and denied access to U.S. markets. Will that be the end result in this new case, I don’t know but what I am sure of is that NYStockOptions.com better be ready when the CFTC and the SEC come knocking on their door. Banc De Binary at least had CySEC to help protect them, they are still in business. I’m not so sure about NYStockOptions.

A New Regulated Broker In Town

NYStockOptions is a new broker with new regulation. They maintain offices in New York city, are regulated by the IFR and operate on the TradoLogic binary options platform. The platform itself is fine but I found the expiry to be very limited, in fact there were only intra-day expiry, not counting the short term 60 Second and other Turbo style options, for everything except High/Low trading and that only has end of the month for long term trading. The asset list is quite good, with indices from around the world, 14 major forex pairs, 8 different commodity trades and a healthy number of international stocks. Options available for trading include standard digital options, Turbo (speed trading/60 Seconds), Range and Touch.

On face value the broker appears to be on the level but because I know better it only took a little digging to uncover the truth. First of all, it is not legal to operate spot binary brokerages in the U.S. Any claims to the contrary are completely false. If this were not the case then the CFTC would not have cracked down on BDB in the first place. Now, moving on to the location of the offices. The name of the company and other underhanded tactics will lead you to believe this is a legitimate NY based operation but oh no my friend, oh no. The name, NYStockOptions, is the first draw. It sounds legit, right? New York, stock options, they go together like peanut butter chocolate. However, as a wise man once said, A rose by any other name would smell as sweet.

This company is in fact based in Belize. If you take the time to read the fine print you will find that the address listed in New York, 41 Madison Avenue 31 st floor, is actually a virtual office called Regus.com. Regus provides a number of virtual office services including email, physical mail and phone answering. An easy way for any business any where in the world to create the illusion of U.S. residence. This broker is actually based in Belize and even go so far as to put the words “United States” after the Belize address, seriously. As for regulation, it is really no better. The IFRA or International Financial Regulatory Agency, Inc, is an independent international financial regulator with no authority whatsoever except for that granted by itself and those who choose to register with it. Which I think may be limited to NYStockOptions.com because they are the only ones I can find listed. . . and because the IFRA is yet another dummy front corporation operating out of a virtual office run by Regus, go figure.

Adding to the depth of the fraud being perpetrated by this broker is another sister website called NYSOHedge, located at NYSOExchange.com. This website is a so-called hedge fund located at the same New York address as NYStockOptions. The hedge fund uses aggressive growth tactics with three different account types based loosely on actual U.S. investing requirements. Their “certified” investor must have an account of over $100,000, the “margin” account requires a minimum of $25,000, the same requirement for an actual margin account for trading futures, etc. This account is guaranteed from loss because the “hedge all investments”. BS!

This broker and the associated hedge fund are not to be trusted. Even if they are on the level, and that is a very big if in my opinion, you have to assume that they are going to get shut down, and shut down hard, by the CFTC and/or SEC very very soon. But, if they are on the level, why go to so much trouble to make it look like they are based in the U.S. and regulated when in fact they are not?

Here are links to all pertinent websites and information.

NYStockOptions Switzerland

At this moment our best Forex broker in Switzerland is: Pepperstone. If you are browsing for an alternative to NYStockOptions you should start there. To each of the top brokers available for you, see our list: Forex Trading Switzerland. If you wish to visit NYStockOptions anyway, www.nystockoptions.com is their website.

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Disclaimer: Reproduction in whole or in part in every form or medium without express written permission of is prohibited. This website is a promotional feature and the site has been paid for to host the following positive review about these trading platforms – these reviews are not provided by an independent consumer. This reviews website is supported by payment from operators who are ranked on the site and the payment impacts the ranking of the sites listed. General Risk Warning: The financial services reviewed here carry a high level of risk and can result in the loss of all your funds.

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Best Binary Options Brokers:

Once you’ve decided to start trading binary options, the next step is to look for a binary options broker.

Our trading editors at BinaryOptions.net have announced the top 10 binary options brokers for 2020. We’ve rated these brokers based on their account features, customer support, withdrawal times and payout percentages.

Top 10 Binary Options Brokers List:

Have a problem with a binary options site? Submit a complaint

  • By Deposit Method
    • Binary Options Brokers That Accept Neteller
    • Binary Options Brokers That Accept Paypal
    • Binary Options Brokers That Accept Skrill
    • Binary Options Brokers That Accept Webmoney
    • Binary Options Brokers That Accept Paysafecard
    • Binary Options Brokers That Accept Ukash
    • Binary Options Brokers That Accept Visa
    • Binary Options Brokers That Accept Amex
    • Binary Options Brokers That Accept Bitcoin
  • Misc
    • Minimum Deposit Binary Options Brokers
    • No Deposit Bonus Binary Broker
    • Binary Options Brokers Where I Can Trade Bitcoin
    • Best Binary Brokers For Free Trading Education
    • Binary Options Brokers With Free Demo Accounts
    • Islamic Brokers
    • Best Binary Options Exchanges
    • Binary Options Bonuses
    • Best Forex Brokers
    • Best CFD Brokers
    • How do binary options brokers make money?

Scam Brokers/Brokers That Are NOT Recommended

Choosing The Best Binary Option Brokers

There are several criteria that traders must use to select a suitable binary options broker:

  • There is the issue of trade types. Some binary options offer all trade types, while others are more restrictive.
  • There is also the choice of trading instruments. Some brokers have great depth and are able to offer financial assets for trading that cover the forex, commodity, futures and bond markets.
  • There is also the issue of payouts, trading costs, bonuses, and trading conditions.

All of these factors will ultimately affect the way a trader plays the market, and ultimately, his profitability. The ideal situation is to get a binary options broker that offers several financial assets spread across several markets, offers a reasonable bonus with a good payout approaching 80%, and offers flexible expiration dates without boxing traders into very long expirations. For more information you can also read our article on choosing a binary options broker or watch this video which outlines some tips on how to open an account and deal with a binary options broker:

Keeping this in view, we have tried to use these criteria to draw up what we feel are the best binary options brokers that traders can do business with. The list is not very exhaustive, but we consider this a good place to start. So here’s one great binary options broker.

24 OPTION

24Option is one of the most unique trading platforms on the market today. They do have an unusual black background, rather than the white one that most other brokers have. This does not take away from the trading experience it offers to online investors. The good news is that this broker is available 24 hours a day, 7 days a week. If you want to learn more about a binary options broker with high outreach in online trading, then please read further.

Most traders we have had contact with said that this is one of the best brokers they have traded with, making it a top choice for 2020. The minimum deposit is $200, allowing all different types of people to begin their trading experiences easily. The black background of the website is objective, but it is quick to get used to. There are not so many options in the header and footer menus, which can be an advantage for traders who want to get straight to the point. There are various other options to click on throughout the website.

You may find the education features very useful to you. There is the Glossary, FAQ, Trader Manual, Binary Options Trading and Asset Index. These features are crucial for traders of all levels who want to get an inside look of what trading binary options and investing on the 24Option trading platform is really like.

If you have a mobile phone, then there is a mobile platform, allowing you to trade binary options on the go. Also, there are regular webinars which you are able to register to. To top this all up, you can easily start trading within minutes on the 24Option trading platform.

The trading platform offered by 24Option is very different from that of its main competitors. There are various different trading options, which you can take a look at yourself. These are the High/low, Touch/No Touch options and Boundary Options.

The High/low is rather simple. All the trader has to do is select high if he believes the option will expire above the purchase price, or below if he believes the binary option will expire below the purchase price at the time of expiry. First pick your favorite asset, then the High/Low direction, amount you want to invest, expiry time and start trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

The One Touch options are offered by a number of binary options brokers. The trader needs the option to touch a certain price barrier prior to the expiry time. This means a lot of thinking is required to trade these successfully.

Boundary Options are offered by 24Option, where a trader buys a contract on whether or not the price of a specific asset will stay within a specific price boundary, or break out of that price range.

The payouts at 24Option can be as high as 89%, which is a high for the binary options market. This is a factor which has really attracted a lot of traders in recent times. The trading platform does not offer the most assets out there, but enough to give you the choice of trading the best forex, stocks and commodities out there.

What our team can say is that the overall trading experience was a memorable one. It was different from that at other brokers, but equally exciting. We can say that 24Option is one of the best binary options brokers in 2020. You need to visit their website to understand what binary options trading is all about.

Binary Options Trading in 2020

Binary trading in 2020 will only be enjoyable if you are trading with a reputable binary options broker. You also need to choose a broker that suits your trading style best. Read the above binary options brokers reviews carefully before making that crucial trading decision.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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