Best US Binary Options Brokers 2017 | US-Friendly Binary Options Brokers

Best US Binary Options Brokers – Popular US-Friendly Binary Options Brokers

binary options brokers in usa - is the best binary options brokers for us tradersWhen we began trading binary options US traders style back in early 2009 (we are US-based binary options enthusiasts ourselves), there were less than a dozen dedicated binary options US brokers all told. And, yes, all of them aggressively competed in the USA market. It was relatively easy to find one of the best US binary options brokers from among them. Indeed, they were basically all the “best binary options brokers USA”. You couldn’t go wrong with any of them. Unfortunately, due to regulatory conflicts which make it extremely difficult to work in the US, this is no longer even close to the case. Starting in 2013, with the trend accelerating throughout 2016, and into the new year of 2017 many of the most popular, long-lived and reliable binary option brokers began dropping US clients and stopped serving that market altogether. The number of brokers competing in this industry overall has grown from less than a dozen, to well over 200 now. However, with these regulatory conflicts it essentially forces brokers to choose between serving the US market exclusively, or serving the rest of the world but not the binary options US market. It’s no surprise then that most binary options US brokers then chose to offer their services to the larger European and global markets, exiting the US market. Luckily for binary options traders in the US, there are still a few good brokers out there accepting US clients. We put together our “short-list” of the best US binary options brokers still operating in this market below.

US Binary Options Brokers – Myth or Reality?

As far as true US-Based, US-regulated, REAL US binary options brokers? there is only one, NADEX. With that said, NADEX binary options trading has very little in common with the kind of US binary options trading which we’re all used to. It actually has more in common with trading traditional “vanilla” options contract trading than it does “normal” binary options trading. It is definitely for the more serious and/or professional investor. We think that this kind of trading will probably mostly appeal to the more experienced or professional options traders. Of the Binary or “Vanilla” variety. However, there is a completely free NADEX demo account you can get access to, and there is also a lot of information over there so you may want to check it out, if just for fun or out of curiosity. NMADEX is a true American binary options broker. The only homegrown, US-based and US-regulated binary options broker so far.

usa binary options - marketsworld us regulated binary options brokers

US Regulated Binary Options Brokers

There are no true US regulated binary options brokers aside from NADEX. So if anyone ever tries to claim otherwise (and it has been known to happen) you should be very skeptical of their trustworthiness going forward. Now this situation may change at some point in the future, especially if binary options continue to become more popular and mainstream. Regulation is a poor proxy for reliability and trustworthiness at any rate (see US banking crisis or iOption bankruptcy for support). We have always believed that reputation and customer feedback are the more important and reliable broker quality indicators.

Best Binary Options Brokers for US Traders

There really is but one true “best US binary options broker“. And that binary options broker would also be the only true US-Regulated binary options broker, and as you may know from above that would be NADEX, which is a whole different ballgame when compared to standard binary options brokers for US and global clients. The dedicated, simplified US binary options trading that we’re all used to has very little in common with NADEX binary options trading.

new binary options brokers in the us - offers brokers to traders from all countries

Because there is–for most practical purposes–no real US-Based or US-Regulated binary options brokers, for those of us that are US binary options trading enthusiasts, well, in that case it really just comes down to who the best binary options brokers accepting US clients are. None are regulated by EU regulators because by those regulations they would not be allowed to accept binary options traders from the US. Hopefully this regulatory mess will work itself out in time, but we don’t have the greatest of faith in regulators in general so we’re not holding our breath.

It was actually difficult to even find these few solid brokers still accepting US clients. It’s getting pretty ugly out there for US binary options traders. But not all is lost quite yet! There are still a few good, reliable brokers out there serving the US  market.

Best US Binary Options Brokers For 2017

#1 – BinaryMate | Read ReviewVisit BinaryMate | Rating 4.85/5.00

best us binary options broker binarymate

#2 – FinRally | Visit FinRally | Rating 4.80/5.00
(Based on the very popular Finpari trading platform)

finrally review 2017 one of the best us binary options broker

#3 – MarketsWorld | Visit MarketsWorld | Rating 4.60/5.00

best US Friendly Binary Options Broker MarketsWorld

#4 – TudorTrade| Visit TudorTrade | Rating – 4.60/5.00

us binary options info - tudortrade binary options broker accepting us clients

#5 – DineroLibre| Visit DineroLibre Rating 4.50/5.00

dinerolibre is a top united states binary options broker in 2017

Best US Binary Options Robots

  • #1 BinBotPro – Top US and International Robot
  • #2 – Top International Robot | But Also US-Frinedly

best us binary options robot - binary options brokers for US traders available

binary option US

All five US-Friendly binary options brokers presented above are great potential choices for any US binary options trading enthusiast (as we are ourselves). In most cases choosing from among these popular US binary options brokers will come down to personal preferences.

While NADEX is currently the only true US regulated binary options broker, there is still a small handful of reliable US friendly binary options brokers left to choose from. What counts for prospective US binary options traders is being able to find a broker that is reliable, offers an outstanding service and a competitive trading platform. We are confident that you would find that any and all of the brokers included in our list of the best US binary options brokers for 2017 meet those standards. If you have had a different experience with any of these brokers, please share it with us! We and our visitors want to hear about it! Good, bad, or ugly! We and our readers rely heavily on broker feedback from other visitors who have traded with one of our listed brokers when considering inclusion and ratings.

Please feel free to share any of your own experiences with any of these brokers with the community by commenting below, or by using the contact us form. If you know of a broker you think belongs on our list of the top US binary options brokers, or if you see a broker listed here that you have reason to believe does NOT belong on any list of the “best binary options brokers USA“.We value your feedback!

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87 Responses

  1. batota 10/18/2015 / 9:06 AM


    I am US resident and need to deal with a broker based in EU and accepts US based traders. Legally no prob for me to do so ? thanks in advance.

    • Jason 12/16/2015 / 10:05 AM

      No. Absolutely NOT. It is definitely a “legal gray area” for the brokers and banks that deal with them. But as for the the individual trader? It is absolutely, unequivocally NOT illegal for you to trade binary options wherever you want with whoever you want. Don’t let anyone (but a Govt. source/law/code in your face) tell you otherwise.

    • Jason 12/17/2015 / 2:45 PM

      Legally it is no problem for you. It is a bit of a gray area but currently, if they “go after” anyone it is the broker who is “marketing to US residents”, apparently against our treaty with the EU or whatever. Politics, ugh.

  2. Scott Benjamin 09/24/2015 / 11:40 AM

    If i currently have an account with a broker (Goptions) and they close their doors on US traders in the future how will this affect my existing account? Will only new U.S. traders not be able to set up an account?

    • Jason 12/16/2015 / 10:11 AM

      Unfortunately, as a client of GOptions myself when the change took place…and you know the answer to your own question by now anyway…but yes, everyone based in the US has gotten the boot and no more will be or have been accepted. GOptions screwed a lot of people with this transition, including this writer (for about $2,000 actually), so I certainly don’t have anything positive to say about them!
      Good luck in your trading activities sir!

  3. Art 09/20/2015 / 8:38 PM

    I was just told that BOSS no longer accepts US residents…Any suggestions?

    • Jason 12/16/2015 / 10:25 AM

      You’ve probably done your own research–good–and chosen your own broker by now since i am getting to this just a little late…sorry about that sir…However, I personally switched to Porter Finance because they changed their platform just specifically so that they could continue to accept US clients. So you know they are in it for the long-haul and aren’t going to boot you two months after you sign-up.
      Over the last 3-Years I and my Friends have reviewed dozens and dozens of sites…from great, to good, to eh, on to just bad, and then worst of all is your rare, but extremely damaging to the industry as a whole–downright “bad apples”. Just plain scammers, con artists, coding scammers, and most often, all three together working to quickly but efficiently scam hundreds-of-thousands, to even millions in a couple cases I know of. The point is, I felt Porter was a good fit for me as a US-Based trader myself and their platform, good reputation, and reasonably fast withdrawals. I haven’t regretted my decision a bit so far. In fact I am reminded of a new and still evolving TradeRush back when they were new(ish), and see that same potential in Porter Finance, which is why we we are about to make the site changes we are, featuring Porter as our #1 broker overall, as well as definitely our #1 broker for US-Based traders (Review coming ASAP – we do 30-Day reviews that can only be “rushed” so much).
      I hope that helped!

  4. Kevin 09/07/2015 / 5:09 PM

    Would you recommend Cherry Trade after you have done your 30 day trial period with them. My biggest concern about Trading Binary Options is not being able to withdraw my funds due to Regulations for US Traders. I’m okay with taking risks as I trade; However, the internet is filed with scammers and misleading information. If you have any insight, I would greatly value your opinion.

    • Jason 12/16/2015 / 10:36 AM

      Unfortunately…We have not gotten around to doing one of our full-length, detailed reviews of the CherryTrade trading platform, and most importantly, their customer/withdrawal service. They are near the top of our list but we’ve got 3 going already right now and we don’t like to have too many review periods running at once as the details of each can get mixed up in your head before you get the chance to write them down. In the heat of trading, everything else goes by the wayside haha. I hope you find a suitable match and wish you the best of luck in all your trading activities!

  5. JM 09/06/2015 / 10:59 AM

    I have bee options. I am in the U.S. When requesting part of my deposit, it took over 2 weeks for it processed, another week for me to actually see it, 3 wks to actually get my money. Is this the normal time frame? I read previously that bee options aren’t on your “high” list. From reading I am wondering if I should change brokers. To me, a fast withdrawal means I get my money within the same week as request.

    • Jason 12/16/2015 / 10:42 AM

      No, it wasn’t. That was right before they just ditched US clients altogether…so they already didn’t care about service to those clients. Shameful. I regret my part for sure, even though there’s no way I could have known how things would turn out. I still feel bad for those who got screwed though.
      Better luck in the future my friend! I know whether it’s forex, stocks, options, or whatever, you will have better luck next time. You really got the “short end of the stick” this time around man :-(

  6. Marc F. Engman 09/04/2015 / 8:59 AM

    Boss Capital is one of my favorite Brokers.

  7. Mike 08/17/2015 / 3:22 PM

    Hello, so i just reached out to three of the brokers you mentioned that still accept US traders: Boss Capital, Magnum Options, and Trade Rush and they all advised they no longer accept US traders. I currently have a demo account with Nadex, but like you said they are obviously for the more advanced trader and I find myself over my head with them.

    I think since the last update from this thread, new regulations have come out eliminating US based binary options brokers as I have literally contacted at least 10, none of which will accept me.

    Looking for an easy to use platform with a U.S. based brokers?


    • Jason 08/31/2015 / 7:40 AM

      That’s exactly what happened. The industry is going through a huge overhaul right now and I haven’t done as good a job as I should in keeping up with those changes. It all comes down to a silly regulatory tiff between the EU and the US…and us US binary options enthusiasts (of which I am one) are left struggling to find a new broker that will:
      1) Even accept us as customers
      2) Is reliable and trustworthy
      3) Has a decent platform and trading setup & asset selection

      I’m just getting back to work on fixing all these inconsistencies right now. But you are right to point them out and everyone who stops by here deserves my deepest apologies for having out-of-date information on the site.

  8. Brenda 07/29/2015 / 1:24 PM

    It’s official, Boss Capital is no longer accepting U.S. clients. Evidently, if you already had an account with them, they won’t kick you out but they are not accepting new clients from the U.S. anymore. However, as I experienced first-hand with forex brokers, once they start down that road, it’s only a matter of time before they will close out ALL their U.S. accounts as well. Ugh.

    • Jason 08/31/2015 / 7:43 AM

      Yep. I am (or was) both a customer and an affiliate for them because I believed in their service. Then, with no warning at all, they sprung this on us US traders (I myself am a US trader) and screwed their US affiliates at the same time. It’s too bad, they were a good broker for US traders and when they first launched the brand they promised it would be exclusively for the US and other English-Speaking countries only. They lied in other words.
      Good luck in your hunt!

  9. Joao Jojo Kimuene 06/13/2015 / 4:51 PM

    Is Optimarkets a scam? I funded my account with $ 500 dollars. i never trade. I want my money back. They go not want give my money back. What I should do?

    • Jason 06/28/2015 / 12:24 PM

      I think that Optimarkets is having financial troubles, and is therefore delaying and putting off their clients and affiliates when it comes to paying out. Then, when they get enough money, they make a payment to someone… Not a solid business model.
      I would stay away from this broker for now and see whether they are able to stabilize their business model or not…and go under as so many others have.
      Thanks for the tip off Joao!

  10. Damian 04/07/2015 / 9:16 AM

    I have been looking into binary options for a while now. Currently looking at Nadex, TradeRush, and Magnum Options but don’t know which would be best or if any can offer any experiences they have had with any of the three.

    • Jason 04/08/2015 / 6:40 AM

      Hi there! Thanks for stopping by. Those are some important questions there my friend.
      You see, you’re really asking about two entirely different types of trading, and as a result entirely different kinds of brokers.
      1) NADEX
      NADRX is actually the one and only true US-Regulated binary options broker. But they also aren’t what we think of when we think about binary options trading. They are almost exclusively for the more advanced and/or professional or institutional investors/speculators. It’s a whole different ball game. On the other hand…they do offer a free demo, so if you’re curious anyway, you can check them out for free. No deposit or any strings attached.

      2) TradeRush & Magnum Options (both owned by the same great, financially sound parent company BTW, a nice reassurance financial wise. They own a total of 5 brokerages now I believe, so you’ll never have to worry about your deposits/withdrawals with any broker owned by these guys) are both great options, just different, and possibly for different audiences.
      For instance, if, like me, you are a US-based binary options trader then that narrows your list down to Magnum Options, as TradeRush cannot accept US traders due to the regulatory conflicts currently existing between the two areas.
      I gotta run but I’ll be back soon if more questions!

  11. Tony 03/22/2015 / 11:53 PM

    I know at least 2 (Boss, Magnum) are based in the UK, under the same address actually. I don’t know if that makes any less legal.

    • Jason 04/02/2015 / 11:21 AM

      Not at all. In fact it makes them (and the others owned by the same parent company which you didn’t mention) more reliable, much much more financially sound and therefore trustworthy with your deposits. The two companies you named are owned by the same parent company that owns TradeRush, one of the most respected and successful binary options brokers ever to occupy the market.
      With that kind of success behind them you have some great benefits:
      1) The experience of running THE largest (by depositors, before they were forced to drop US clients in 2014), and one of the most successful binary option brokers in the history of the business. That kind experience, and more importantly, that kind of financial backing is priceless in this industry. These are brokers that you KNOW are in the financial position to be able to pay all their account holders, business expenses, and even affiliates/refer-a-friend program expenses. No problem or even any question of a problem arising. These guys are as financially solid as it gets.

      Long story short: No, there is nothing illegal about owning more than one broker, nor more than it is illegal to own more than one McDonalds or any other business. And the same address thing was thoroughly addressed above (probably overly so eh? I tend to go on…lol)
      Best of luck to you in all your trading activities though!
      Come on back and pay us a visit some time when you have a solid, experience-based little review you can give about any broker you choose to work with, if any at all.

  12. jose 03/01/2015 / 3:05 PM

    Im a beginner i was going to try banc de binary is this a good brooker im from the us

    • Jason 03/03/2015 / 1:53 PM

      I’m sorry but Banc de Binary does not/cannot currently accept US traders. This is due to the current regulatory conflicts between the laws as written by EU regulators vs. those by US regulators. They simply aren’t compatible. What this silly situation means is that brokers are faced with only two choices, neither of them preferable.
      Brokers can either:
      a) Accept EU-Regulation – And be barred from accepting US clients
      b) Decline EU-Regulation – And be able to accept US clients…but lose much business to competitor “Regulated” firms (Europeans tend to place much more trust and faith in their regulatory bodies than Americans do. And therefore tend to value “regulated” firms more highly. Erroneously I might add.)

      We have a kind of “Top 5” list of brokers that currently DO accept US clients here though. These are brokers with solid reputations for reliability and honest dealing.

      We here at USBOinfo place a high value on reputation and the client feedback we receive from depositing customers with these brokers. Or any other broker you may want to leave feedback about for that matter, listed on this website anywhere or not. Your reader contributions are what make us the great community of information we are!

    • Jason 04/02/2015 / 11:24 AM

      They cannot accept US clients. No regulated broker can legally accept US clients. The EU vs. US regulatory scene regarding binary options is an absolute disaster at the moment. Completely incompatible with each other.
      Incompetent lawmakers? Nah, it couldn’t be, could it? haha ;-)
      Your Proud Capitalist Pig.

  13. Robert H. 02/25/2015 / 9:46 AM

    I wold like you to check out CTOption .. then place them among these reputable names. That outfit is great! Thanks.

    • Jason 02/25/2015 / 10:25 AM

      Hi Robert,
      Funny you should mention that. We are currently reviewing their services and platform using our standard 30-day “Trial Period”, and then of course the all important withdrawal test.
      We are a little over a week into our trial period so you should expect to see a fully detailed review on them in the coming weeks. If we agree with your (and others we’ve gotten positive feedback from regarding the broker CToption). In fact, it was all this positive feedback our readers and visitors were sending us that brought them to our attention in the first place.

      We rely heavily (as it should be) on our readers and visitors feedback regarding brokers and related services. There is no better indicator of a service’s quality and reliability than the feedback we receive from other real life traders, trading with real (not demo) funds. These folks “reviews” are extremely valuable to the community as a whole. So we here at USBOinfo, on behalf of all your fellow binary traders thank you for your feedback and suggestions.

  14. Mason 02/25/2015 / 4:56 AM

    Hello; I want to open a trading account with boss capital and I want to know if they are regulated and if a have problem with withdrawal?

    • Jason 02/25/2015 / 10:12 AM

      Hi Mason,
      Here’s the deal. There is currently a conflicting regulatory mess which exists between EU (and the rest of the world) regulatory bodies and US regulatory bodies. A real friggin mess for brokers (and traders). I’ll try to provide a “quick and dirty” explanation below.

      At this time binary options brokers are being faced with a very very difficult decision. They have only two choices, and both choice are bad, so they must individually decide which path is less bad for them personally.

      Currently binary options brokers can either:
      1) Brokers who want to operate in the US currently must NOT accept any form of EU-Regulation. Any broker who accepts regulation can then only operate in the EU and most of the rest of the world, but not the US. If a brokers wants to accept US clients then they are not allowed to accept EU-Regulation (and there is no US regulations in place yet, at least not workable, sensible ones that will last. Like we’ve said many time…the EU/US regulatory conflict mess right now is a disgrace for US regulators. All we can do is hope they get their sh*t together relatively soon. Remember, this is exactly how it was when Forex first hit the retail scene. But they eventually got it together and now Forex trading is trusted, widely recognized and utilized for of investing or speculation, and has a US regulatory structure that is basically in-line with that of the EU. Which is exactly what we need and want for the binary options industry. But for now…we don’t.
      2) They can accept EU-Regulation in exchange for being able to loudly advertise that fact to their potential EU-Based clients. And it works. Folks in the EU are more trusting and have more faith (for no good or discernible reason) in financial regulation that those in the US (who, on average anyway, are more aware of the fact that financial regulation is actually just a fraud which is meant to raise barriers to entry (sorry about getting into the nerdy economics talk, but it’s necessary), and protect the larger donors/institutions at the expense of potential new entrants to the market and the smaller players. Regulatory bodies are certainly, most definitely NOT there to protect you or any other consumer. Don’t play the fool and fall for that nonsense. Reputation > Regulation, any day of the week my friend.

      Now, with all that out of the way so that you have a better understanding of the current atmosphere out there in the binary options world, The short answer to your question is no, neither Boss Capital or ANY OTHER broker accepting US traders is regulated. Not a single one. If anyone claims otherwise, they lying and you should run away fast from that company. It is illegal for a regulated binary options broker to operate in the US or accept US clients for the time being, unfortunately.

      Boss Capital is a great choice for those of us based in the good ‘ol US of A for sure, and a very solid choice for anyone else as well, from anywhere else in the world (as long as you can speak English – they plan to expand support/platform languages soon they tell me). You can read our latest review of their services and trading platform on the page found by following this link:
      *** Boss Capital Review ***
      Best of luck to you in all your trading activities! And please feel free to stop by with questions or broker feedback anytime!

  15. syed saad ilyas 02/22/2015 / 1:54 PM

    I have been looking for a legitimate tustworthy binary option broker. and a forex broker that accepts us clients…. for binary options I have Eztrader. iQoptions, trade rush, magnum options, ukoptions and gooptions.
    please let me know which one out of these you recommend.

    • Jason 02/23/2015 / 1:19 PM

      Hi there!
      Out of the brokers you listed I would go with TradeRush, hands down. They have a 3-year history behind them now of top-notch customer service and timely, hassle-free withdrawals. In this very lightly regulated industry, a reputation like TradeRush’s is priceless.
      They were in fact my own personal broker for almost 2-years, until they had to stop accepting US clients due to the current regulatory mess that exists between the US and the EU regarding binary option. Hopefully they figure it out and get on the same page soon(ish) [After all, this is the government we’re talking about here…nothing gets done fast]. Because right now us USA binary options enthusiasts are getting the shaft. Although luckily, for now at least, there are still a handful of great brokers available to US-Based traders. But that’s not something you have to worry about…so TradeRush it is in my never-so-humble opinion ;-)

      However, of the other brokers you listed, I also don’t have much if anything bad to say about Magnum Options and GOptions.
      They are also both solid brokers in our opinion. Best of luck to you with your trading no matter where you end up doing it at!

      • agung 04/05/2015 / 10:42 AM

        i would not trade with goptions. they scamed a friend of mine and myself.

      • Jason 04/08/2015 / 10:53 AM

        Can you elaborate?
        Nearly 100% of the accusations to be found on the internet, and which we receive, are short on facts and long on…well, nothing. See your own post as an example.
        In 99.5% of these cases it is either operator error (i.e. – the traders own fault), a failure to read the requirements associated with accepting deposit bonuses, or even be totally foolish and take advice from, or even let the broker itself do your trading for you. In those cases, well, those folks simply deserve to lose their money imo. We have a somewhat low threshold for idiots and the willfully ignorant here at USBOinfo, and so our sympathy quotient can be quite low for some of the described “complaints” above.

        However, with all that said, we in fact DO receive a fair number of legitimate, serious or significant complaints regarding various brokers all the time. None of them are represented on our website. If they were represented here (and this certainly has happened–more than once in fact–and the brand receives too many minor or even just one or two major, legitimate complaints against a broker then they are promptly removed from all parts of our site, USBOinfo, as well as immediately stopping any other representation or promotion of the brand we may have going elsewhere. The point being that no broker that deals in binary options, and then fails to follow through with good client services and a truly “no hassle” withdrawal policy (no over-pressure to cancel withdrawal. Or worse yet, the onesd who see a pending withdrawal and instead of processing it they call you and try to get you to deposit even more! It’s a very very competitive business so some “hard sell” tactics are to be expected but the behavior described above is not the behavior of a top-level binary options broker for USA traders, or indeed binary options enthusiasts world-wide.

        I am always happy to answer any questions readers/visitors have any I have varyingly close relationships with most of the brokers represented on our site. Both the deservedly promoted, as well as the “to-be-avoided” alike. If we can intervene and use our “power” as a popular binary options website for mostly new and/or potential traders. AKA, potential new clients. I have used that leverage in the past to help readers resolve REAL, legitimate and serious complaints against brokers which we represent/promote.

        Good luck to you no matter what you end up doing: finding a good broker to trade with, go with one of our “USBOinfo’s Broker Guarantee” brokerages (any of our “Top-Rated *********** Brokers” (i.e. – “Top EU-Regulated Brokers” list on the site-wide sidebar and elsewhere. And the equivalent “Top US-Friendly Brokers”. Anyone in those two list is fully covered by our Broker Deposit Guarantee. Meaning, of course, that should you be defrauded in any way by a broker/brand we represent and promote as a quality broker, we will, as a last resort, simply pay you ourselves (Minimum Deposit Amount…which is never a bad idea to start with when testing/trying a new broker).

  16. Doug Cutler 02/17/2015 / 7:36 AM

    From the Nadex site: LEGAL FOR US RESIDENCE tag
    Can offshore “brokers” trade with US residents?
    In the case of off-shore platforms offering binary options to retail customers
    in the United States, the answer to this question is a resounding “No”.
    As the Director of Enforcement for the CFTC stated in connection with a recently
    filed lawsuit:
    “It is against the law to solicit U.S. persons to buy and sell commodity options,
    even if they are called ‘prediction’ contracts, unless they are listed for trading
    and traded on a CFTC-registered exchange or unless legally exempt.”
    I find conflicting info. Is it legal for US residents to trade binaries or not? Is NADEX
    WRONG and just fear mongering. Are they using old or inaccurate info?

    • Jason 02/17/2015 / 2:41 PM

      It is absolutely legal for US residents (myself included) to participate in binary options trading. It is, however, one big regulatory mess right now with EU and US regs conflicting so badly that broker can either operate in the EU and not accept any US clients, or they can forego EU-Regulation which is a turn-off for many in the EU market, meaning lost business. So brokers have to make a near impossible choice right now: Operate in the lucrative US market, but potentially lose too much business to those who believe that regulations actually protect them personally (LOL!!!). Or, they can accept the conflicting EU-Regulation, and as a result not be allowed to accept any US clients. A tough choice for any business to have to make.

      But to get right to the heart of your question: Once again yes it is perfectly legal for US residents to trade in binary options. Where the shady legality comes in is that any firm not falling under US regulatory supervision cannot legally market their services directly at US citizens…a charge hard to prove in most cases. The whole regulatory scene is a mess right now, just like FOREX was 15 years ago I’d say. It will all get worked out in due time but in the meantime it does kind of limit us US-Based binary options enthusiasts! I hope this helped clear things up a little anyway. Getting into the details would be (and probably will be at some point) a whole long article by itself.
      Anyway, best of luck to you whatever you do and in all your trading activities!

  17. Rob 02/04/2015 / 3:22 PM

    A signal service I was considering recommended two brokers taking US clients: BeeOptions or CITrades. From remarks already noted here, I am not considering BeeOptions. Does any one have an opinion about CITrades. Thanks.

    • Jason 02/14/2015 / 11:39 AM

      Any signal service that makes you sign up and deposit with one of their chosen brokers, and ONLY their chosen brokers, then it is a scam service. They get paid by those brokers for every new customer they get as a result of the “Signals Service” in question. Their signals are no good, nor do they care if they are any good because they made their money the minute you signed up.
      There are VERY FEW good signal services out there. And every one of them costs a significant monthly subscription fee.
      You are being steered wrong my friend. I advise you to stay far away from this service you describe (though without knowing more about it I cannot say for sure that it’s one of the majority “bad ones”).

  18. Alex 02/02/2015 / 1:26 PM

    Inside option is the WORST broker EVER!

  19. Ron 01/30/2015 / 1:10 PM

    I am beginning my journey also so good luck to any newbies out there! I was curious as to the point of the brokers? I understand that Nadex is a legit exchange regulated by the US and the majority of brokers are not. Will brokers keep your money? Will they not let you withdrawal? i just don’t understand. Also has CherryTrade made your list yet? I came across their platform recently and was looking into them also. Thanks for all suggestions

    • Jason 02/04/2015 / 11:52 AM

      CherryTrade is on our short list of brokers to open an account with to do a thorough review of the platform, and most importantly their withdrawal procedures and the like. We hope to have a full review on them up by next month some time. We can’t write a detailed, honest review without actually opening an account and trading with the broker for awhile. We usually do 30-day trial periods before we are willing to write up a review on a broker.
      Thanks for your input! The community survives and thrives on honest visitor feedback.

  20. sebouh 01/18/2015 / 4:44 AM

    One other broker I’m interested in is Empire. What do you think?



    • Jason 02/04/2015 / 11:57 AM

      We gave Empire Options one of our 30-day trials for a review, and it wasn’t a good one. However, that was over a year ago the last time we traded with them for a review and we have started to hear better things about them within the last couple months. So, it sounds like they may have cleaned up their act a bit. But, I cannot personally attest to that, so that’s about all I can say on the subject at this time. Hopefully we’ll get a chance to do a new 30-day trial run and then a new review done on them sometime in the next couple months.
      Thanks for your input and question though. I wish I could be more helpful.

  21. sebouh 01/18/2015 / 4:39 AM

    I’m in USA. Thinking of going with LBinary. They do accept US traders. What’s your rating on them?



    • Jason 02/04/2015 / 12:01 PM

      Unfortunately, I cannot currently provide you with an honest answer to that question. I have never traded with them, and when we tested them out on our site for awhile, some of our visitors did not seem very pleased with their experiences. Not a lot of complaints, but if the complaint is legit then even 1 is too many. I won’t badmouth a broker I have no personal experience with, but personally, I would not choose LBinary over the many better brokers out there, in our humble opinion.

  22. nate crayton 01/17/2015 / 7:18 AM

    Im looking into investing in binary options, have a demo account on a site and have grown my demo money three fold. Looking into doing it for real. Who would you suggest is the best broker to start with, and one that isnt going to kick and scream when i decide its time to withdrawal?

    • Jason 01/17/2015 / 10:13 AM

      Good morning Nate,
      The best broker for your needs–and that has a years-long reputation for honest operation–is largely going to depend on where you are trading from for one. It basically breaks down to two categories there: Brokers that accept US traders (foregoing EU-regulation in the process and therefore missing out on some of that large market. And Brokers that cannot, by EU law, accept US traders because they have chosen to accept regulation from the EU regulatory bodies.
      For US-based traders we personally really like Boss Capital, owned and operated by the same folks who brought us TradeRush, one of the most popular and successful binary brokers of all time. That gave them a huge advantage in experience in running a binary platform, and great financial backing from a strong parent company. And it is that last thing that can give people confidence that if they make profits, they WILL be able to withdraw them, and do so without a fight and the overly heavy-handed tactics some (too many) brokers use in this hyper-competitive business.
      If you reside outside the US on the other hand, your choices expand quite a bit and you have more leeway in choosing a broker that is BOTH trustworthy and meets your wants and needs as a trader. However, with that said we would easily have to say that 24Option, one of the “Original Dozen” (that is, 24Option was one of the original brokers to dedicate themselves strictly to binary options trading). They have been around since basically the beginning, and for good reason. They are a solid broker with a good trading platform, some nice features, and a 100% record of honesty in withdrawals and bonus terms (although we generally don’t advise accepting deposit bonuses from ANY broker except under certain circumstances, which we won’t get into here for length reasons).
      I hope that helps a bit anyway, and if you have any other more specific questions then we would be more than happy to answer them. Good luck in all your trading activities, whatever you decide to do!

  23. Dave 01/16/2015 / 11:51 AM

    BeeOptions is terrible, they will screw you out of your money even when you “win” the trade, and their customer service is not the best. After some research I found that any of the brokers that use the Spot Option Platform have screwed over a lot of people. Nadex is more difficult and definitely for experienced traders but it is still the best option for US traders. Even it a broker is regulated they do not have to be for US traders, so keep that in mind and good luck to anyone seeking to make money trading binary.

    • Jason 01/16/2015 / 1:31 PM

      We are beginning to agree, and yours is not the only complaint we have received regarding them in the last month or so. We have just recently informed them that we are giving them one more month to get their act together, and if not done to our and our readers who are clients satisfaction, they will be removed completely from all locations on our website, with any mention they do get being in a negative context. We shall see what happens.

  24. Richard 07/27/2014 / 12:34 PM

    Just found out today that Boss Capital no longer accepts US traders. They say it is because of their new regulatory laws.
    What a shame! They seemed like a company I would have liked to have an account with.

    • Jason 07/29/2014 / 6:26 AM

      Well my friend, you “found out” wrong. I’m not sure where you got this false information, but false it most certainly is.
      To reiterate to anyone reading this: Boss Capital Gladly Accepts US Traders! And has no plans to change that in the foreseeable future.

  25. LJ 04/01/2014 / 5:34 PM

    Spot FN Customer service is horrible they run this business like a lunchroom. They will be out of business soon.

    • Jason 04/01/2014 / 5:46 PM

      Agreed. We have received more complaints about that one broker than any other by far.
      Thanks for sharing your experience with the community!

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