April 20, 9: CFTC is extensively working on creating a more organized trading environment for American traders, so they published a list of 23 new company that is offering binary trading services without being properly regulated.
Is Binary Trading Legal? US Binary Options Brokers - Legit?
The list of all unregulated brokers operating the US market is also known as Registration Deficient List RED. At the moment RED contains 40 brokerage companies. The list was first presented to the public in September in order to help American traders avoid a scam or unregistered brokers.
The situation on the binary market in the US is quite complicated, as only regulated binary exchanges are legal. The most popular binary exchange is NADEX. Among 23 new RED brokers are also some brokers that have already been blacklisted by FBO like BinaryDAS, IvoryOption, LBinary, NRGbinary, and TitanTrade. Check out the full list of FBO Blacklisted brokers.
CFTC decided not only to warn general public, but all financial industry participants, organizations, consumer groups, exchanges, and associations.
As already mentioned, binary trading in the USA is legal only when executed via regulated binary exchanges, like NADEX.Binary Options in the USA - 2016 UPDATE!
NADEX is very popular among traders because of easy to use interface that is created with a trader in mind. This exchange offers very popular binary options and assets as well as spreads trading, and interesting educational materials.
Read full NADEX review.
This website is independent of binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade binary options. The potential client should not engage in any investment directly or indirectly in financial instruments unless s he knows and fully understands the risks involved for each of the financial instruments promoted in the website.
Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, FairBinaryOptions. Binary options trading entails significant risks and there is a chance that potential clients lose all of their invested money.
Your capital might be at risk.
Investment Rating Your capital might be at risk. Website preview CFTC Adds New Names to RED list. At the moment RED Articles FxPro Adds Spread Betting with FxPro Edge Sir Richard Branson joins battle against binary options fraud Identity Revealed: Binary Options Company Owner Arrested!
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