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

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!

CFTC Brokers

As of the writing of this article, binary options are still an untapped marketing in the United States of America. There is a growing popularity for binary trading, but it still has not caught on in the US in the much the same way it has throughout the rest of the world. The two main regulatory bodies that operate in the US, the Securities and Exchange Commission and the U.S. Commodities Future Trading Commission are both unclear about where the ultimate jurisdiction over binary options lies. In the past, both commissions have released joint statements on the subject.

The U.S. Securities and Exchange Commission (SEC) is the American agency responsible for enforcing the country’s securities regulation. It is responsible for regulation of stock and option exchanges among other financial markets.

The U.S. Commodity Futures Trading Commission (CFTC) is an independent American agency created by the US government for the purpose of regulating future an option markets.

Like mentioned above, despite the fact that binary options are surging in popularity around the world, it is still relatively unknown in the United States. All though this is starting to change. This is one of the reasons why it takes a bit more research to find regulated brokers in the US, and why the uncertainty about jurisdiction exists. If you were hoping to find CFTC brokers, you will be disappointed. Though there are many high quality binary options brokers serving US clients. You can find out where these platforms are regulated below.

Why is there confusion with binary regulation in the US?

Binary options are a much simpler version of more traditional options. With more traditional options, a trader has the option to purchase the underlying asset at the current price no matter the future value. Binary options are simple – which is one of the reasons why they have become so popular recently. A binary trade is essentially a yes or no question: do you think the price of an asset will go up or down in a specific timeframe.

As a result of its similarities and differences to more traditional options, binary can be regulated in many different ways. Binary options can be regulated as a financial instrument (a financial instrument is any tradeable asset). This allows options to be traded in countries that prohibit gambling, for example. However, they can also be regulated as a sort of betting. In England for example Binary Options are not regulated by the Financial Conduct Authority. The gambling regulatory body regulates binary options.

The financial regulatory environment in the US has not been entirely warm to binary options over the past few years – mainly because it can bear similarities to online gambling. There are signs that this approach might change in the near future. Until then, most binary trading platforms are still headquartered in place such as Cyprus and regulated by CySEC, a regulatory body within the European Economic Area. As of the writing of this article, US citizens are allowed to trade binary options as long as the specific state or local authority in which they live doesn’t have a specific statute against it.

How can I find a platform that is equivalent to a CFTC regulated broker?

In the previous paragraph, I mentioned that because of a lack of clarity surrounding the regulation of binary options in the United States the binary options platform with which US citizens can trade are located outside the US. Most of the platforms are located in Cyprus. Binary brokers in Cyprus are regulated by CySEC, the Cyprus Securities and Exchange Commission. CySEC is a financial regulatory authority included in the European Economic Area, and is generally accepted as a respected regulatory body.

There are binary option platforms, which are headquartered outside the US but accepts US citizens among its clientele are:

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!

US Binary Options Brokers 2020

It’s not very easy to find binary options brokers, that are actually ready to allow traders from the USA.

Because of their different regulations and restrictions, most of the binary options brokers out there are unable accept US traders.

Our team has done the research, to bring you an updated list of binary options brokers that still accept Americans. We’ve registered on all binary options brokers that still accept US traders and we’ve tested them all. Below you will find the best us binary options brokers and exchanges.

Best US Binary Options Exchange:

Nadex – CFTC Regulated US Exchange

Nadex is the only binary exchange that has a CFTC license. This site is exclusive to US traders.

  • Most Trusted US Binary Platform
  • CFTC Regulation
  • No Broker Commissions

Nadex is the only regulated binary options exchange in the US. For this reason we think that it’s very safe. If you need more information, you can read our Nadex review.

Alternatives To US Binary Options Brokers

There aren’t many US binary options brokers to choose from. However there are plenty of US brokers that offer other types of trading: CFD, Stocks, Cryptocurrency, Forex etc.

If you are interested in binary options, you will definitely like these other forms of trading.

Here is a list with the best US brokers that offer other types of trading:

Rank Broker Min. Deposit Regulated Type Review
$50 YES + FOREX TRADING TRADE NOW
$100 YES + GET 1 FREE STOCK TRADE NOW

Binary Options Brokers That Still Accept US Traders

The brokers in the detailed list below are some of the oldest and best names in the industry. All the brokers listed on this page welcome traders from the USA.

Only the best are viable, and the safety as well as the security of your data on their servers is very high. There are many scams out there, and only a few truly trustworthy brokers.

We have tested all of these brokers. Look at the short reviews below for more information:

1. Nadex

Nadex is the only regulated (CFTC regulated) binary options broker that accepts US traders. The broker offers charting and technical analyisis tools, as well as, advanced order types.

The minimum deposit is only $250.

2. BinaryCent

BinaryCent is currently the best US welcome binary options broker. They offer a fantastic deposit bonus, and the trading platform is top-notch.

Binary Mate has a maximum payout of up to 95%. The minimum deposit is $250 and they offer a 100% deposit bonus to all new traders.

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE VISIT BINARYCENT

3. CentoBot

CentoBot is a binary options robot that accepts US traders. The minimum investment is only $0.10 and the max return is 90%.

This auto trading robot is 100% free if you sign up and deposit on their recommended broker (the minimum deposit there is $250).

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE VISIT CENTOBOT

How To Pick A US Binary Options Broker

Overall, you need to be careful when choosing the right US binary options broker for you. There are a lot of scams out there, so you probably should take the advice in this list seriously if you want your investments to be safe. We will update this list as frequently as possible because more and more brokers are closing their doors to US traders.

Please note that Nadex is not a broker, but an exchange.

What customer like about Nadex is, that it has no broker commissions. The US Government requires Nadex to keep the clients’ funds in segregated accounts.

Rank Broker Min. Deposit Max Returns* Features Review
$250 100% + Regulated US Brand TRADE NOW

Never deposit on a binary options broker that we (or any other trader) do not recommend. You can also check our scams page to find out which brokers are scams.

Unfortunately US welcome brokers are not regulated by CYSEC or ASIC. Therefore you have to be extra cautious where you deposit your money.

Non-USA Binary Options Brokers

In order to help our American traders find the best brokers and keep them updated, we’ve decided to also list the brokers that used to accept Americans, but stopped later on.

Take at the list below, with all binary options brokers that accepted US traders in the past:

Name Bonus Deposit Payout % Visit
BinaryMate 100% $250 95% US NOT ACCEPTED
ctoption 100% $250 85% US NOT ACCEPTED
OptionRobot 100% $200 90% US NOT ACCEPTED
Boss Capital 100% $200 85% US NOT ACCEPTED
CherryTrade 100% $200 81% US NOT ACCEPTED
Optionleague 100% $200 99% US NOT ACCEPTED

Brokers That Stopped Accepting USA Traders or Closed

Finrally

FinRally is the newest binary options broker to accept US traders. They have a great payout of up to 95% and the minimum deposit is $250.

Finpari

Update: This broker closed.

Founded in the year 2020, this broker is owned by Norske Inter LP and Lerona Impex SA. It used to welcome traders from the US, but currently they only accept Europe and most parts of Asia. The broker is based on the SpotOption 2.0 platform, one of the most popular with traders everywhere.

It features over 100 assets to trade in and has some of the highest security measures out there. There is secure trading, as well as speedy 1 hour withdrawals possible. With a return of up to 90% for traders, and signals from over 10,000 traders globally using the ZuluTrade feature integrated into the platform, this broker is one of the best out there for people in the USA.

CTOption

Update: This broker closed. There were also some scam reports.

This is one of the older brokers out there, having been around since the year 2020. It is owned by Infinicore, a company that is to be found in St. Vincent (offshore). While they aren’t licensed by CySec, this is so that they can support traders from the USA without any hassle.

This broker is not regulated in the US.

The broker has over 100 assets to trade as well as a demo account possible to sample the features before using it. It is popular among traders all over the world, mainly because of the 90% payout to traders.

There is a free social trading feature on the platform as well as unique OTC trades that allow up to 40% more trading time every day.

Trade Thunder

Update: Tradethunder closed. Opened in 2020, Trade Thunder is still a young company, owned by LGK Industries Ltd., based in the UK.

They offer traders from the US a nice welcome, and have a very unique platform to trade on called the Leverate BX8 platform. It is a platform that is used a lot in Forex trading. The payouts from this broker are up to 90% of the initial deposit, which can be done in many currencies.

With multilingual support and easy trading, this is one of the best US brokers out there.

Porter Finance

Update: This broker closed.

This broker opened up in the year 2020, and was one of the best to accept traders from the US (they stopped accepting USA Traders in 2020). They have a great bonus for the first deposit for customers, with up to 10 risk free trades offered to new traders. It is owned by a company based in the UK called Running Forest Partners Ltd., and have 5 different types of US binary options accounts, each of which has its own set of material for learning as well different deposit requirements. Expiry on options expire in any time from 30 seconds to 6 months, and there are multiple currency options available.

Tropical Trade

Update: This broker closed.

This binary options broker was created in 2020, making it one of the newer options out there. It is owned by FLY Ltd., located in St. Vincent & Grenadines, and has a registered office in the UK as well. It was open to traders from the US without any restrictions but they decided to stop accepting them in 2020.

Returns to traders is about 85%, but some of the trading methods it offers can give bonuses up to 1500% of the deposit. Their platform is browser-based, has a small learning curve, and is very easy. A mobile app is also incoming. The broker offers over 150 assets for trade, with real time updates on the state of the market. It is one of the more feature-filled out there.

Binary Options USA: What To Consider

Please note that most US brokers are unregulated. Therefore please do your own research before signing up and before becoming a binary options customer there. All unregulated brokers are “ok” at best. There is a higher risk of getting scammed by an unregulated broker. Also read their terms and conditions before depositing (check their withdrawal conditions). It is the best to stay away from unregulated brokers.

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

At US Binary Options our financial analysts have selected the top trusted US regulated binary platforms in 2020 and the best stock options brokers.

From 2020, we compare and provide professional reviews on all binary trading platforms in order to help you choose the broker that suits you best.

Check out our top Binary options brokers comparison table to find a trusted platform, and also our platform blacklist with scam brokers to avoid.

Read our guide about binary options trading for beginners as well as few basic binary strategies that you should take into consideration.

What are Binary Options?

These are a new kind of investment. What you will do is speculate on which way you think the asset will go in, or the direction it will go in. What you used to do was you have to purchase the asset now that no longer has to happen. When the platform is used to purchase a binary option the contract that is made enables the buyer to buy an asset which is underlying and at a price that is fixed and with a time frame that is fixed and specified with the seller.

Are there other Names for Binaries?

All or nothing options are also another name for binaries and are digital options + Fixed Return Options or FRO’s. Each of their names stresses the nature of the binary option. When it comes to outcomes there is always two possible results and this is something that the investor will be aware of before they purchase the option. The following is an example:

  • Binary option for Microsoft is purchased at $100
  • At the end of the day their shares will be much higher than they were when purchased
  • So 71% is the return offered on this investment

Binary Option

This is a particular category of option where a person would be able to get either all or nothing when there comes to talk about the payout. This thing makes binary options easier a lot to know as well as makes the trading process with them trouble free than the previous traditional options.

Expiration

These options are like this;

  • They can only be traded until they expire
  • Once these are expired, they would surely be settled for the customer in already specified amount (in dollars)
  • If the trade expires and it is out of the money then this means that the buyer gets nothing

So now you can see why binary options can either enable you to gain which is the upside or you end up with a loss which is the downside, there is always a risk when it comes to binary option trading. If you were trading in the traditional way then things would be different.

All or Nothing

When it comes down to the platform you are using for trading.

  • Nothing can mean something
  • Even it happens; at the time of expiration, the proprietor of the particular option could be given a payout yet when there is no money in their hands.

Binary options can also be found under other names including:

  • FOREX
  • Exchange Market
  • Digital Options

Other things to Learn

Before you decide to start trading there are a few things that you should research first including:

  • Learn the outcome options
  • Decide your position
  • Learn how the price is determined
  • Learn the advantages of binary and traditional options
  • Learn where binary options are traded
  • Check the implicit transaction costs of binary options

Regarding regulation for the offshore binary options brokers, we can affirm that some binary options brokers are already regulated in the European Union ( CySEC ), but not yet in United States.

Since 2006 US binary options have been in America but they have only just started to become popular since the middle of 2008. This has happened; traders and brokers have started popping up from many different states all over the US, what has happened is that people are now wanting to start a career in binary options trading and the one thing that is on every ones lip is:

Now when it comes to binary options are divided into two levels and these are:

  • US regulated exchange platforms by CFTC, where americans can trade binary options legally: NADEX and CANTOR EXCHANGE.
  • Offshore brokers not regulated.

The Ruling

The OCC or the Options Clearing Corporation in 2007 ruled that binary platforms would become legal then in 2008 the SEC or the Securities and Exchange Commission approved binary options and listed them as cash or nothing security. Then the American Stock Exchange or Amex and the Chicago Board Operations or the CBOE also listed binary options with exactly the same name. Then NADEX or the North American Derivatives Exchange added to its trading platforms binary options. But one thing has been done and that is a restriction has been imposed:

  • Americans are free to trade with binary options as long as the broker they are using is legitimate
  • The broker has to have a legal business in the county it is in and has to have followed and processed the procedures for it to operate
  • Also, they must not have been banned by the federal government for transacting with US citizens in this business

Regulation In The United States

Now just because something is legal it does not mean that it is regulated.

  • Legal means that it is protected
  • Regulated means that it is not protected

Well US binary options brokers are regulated and over the years binary regulations are becoming more and more stringent. It is the OCC that has made a point of making these regulations harder and also making sure that binary option sold by brokers have the right securities. Rules regarding trading have now been put in place and traders and brokers are expected to abide by them, if they don’t and they violate the rules then either or both trader or broker can end up being banned for long periods of time.

Limits

These have also been set for things such as indices and how many can be listed, this gives better control to the trading that is going on in the market. Scams have also started to rear their ugly heads when it comes to USA binary option trading too. Some of these scams have been very malicious and ended up causing some traders to lose thousands of dollars. But because of the SEC and the US Department of Justice have taken legal action very quickly against the crooks by doing things such as:

  • Freezing their bank accounts
  • Putting them behind bars

the traders that were scammed were able to get some of their deposits even though it is not the entire amount back, the federal government has been able to enforce justice when it is needed and making broker who was involved in the scams accountable for what they did wrong. This is now why there has been a hard-core regulation within the United States and they will keep on doing so until the binary options market is strong and reliable in America.

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!

Like this post? Please share to your friends:
Binary Options Trading Wiki
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: