Regulated Binary Option Brokers

Regulated Binary Option Brokers

Regulated, licensed, authorized or accredited, call it what you want, but change is happening in the binary option brokers industry!

Currently, more than twenty binary option brokers are regulated by CySEC. Cyprus is a member of the EU, and the CySEC license is accepted by all EU countries. Read the explanation of MiFID here. No CySEC regulated brokers accept binary option traders from the United States.

Make sure to read about How to Compare Brokers

Since all CySEC regulated brokers do not allow American traders, it is important for traders to understand the problems using an unlicensed broker. Read about broker complaints, withdrawal problems and trading software scams.

Popular Binary Options Brokers

Boss Capital uses the TechFinancials platform, which offers many exotic currencies to trade, including boundary options, read more. Currently they are the most popular broker for Americans, see here.

CherryTrade is a new & popular broker using the new SpotOption platform. The offer 5 risk free trades, see here and 81% returns on EUR/USD options, see here.

Porter Finance is a new broker that opened in January 2015. They are focused on traders education, see here. They also work with the popular Binary Option Robot, read review.

Additional Brokers To Consider

BeeOptions opened in May 2013 and is a very popular broker with traders from America. BeeOptions is not CySEC regulated, but prides themselves on taking good care of their customers. Click here for BeeOptions latest special offers.

Bloombex is one of the few brokers who allow deposits via PayPal, see here. They use the new SpotOption platform and also have the iFollow signals trading feature, read more.

Brokerage Capital is a broker owned by P.M. Investment Capital Limited, and use the Tradologic platform, they offer up to 100% bonus, read more.

Cedar Finance is now owned by P.M. Investment Capital Limited. They accept traders from America. Cedar Finance works with the trading signal software Ultra Binary Trader, learn more.

CTOption uses the Panda TS / MT4 trading platform, see here. Traders can register for a Demo account here. They also have an auto trading robot, see it here.

GOptions is one the few binary options broker to provide an “auto trader” called Signal Index, read more. GOptions will setup a Demo account for you along side your regular account to paper trade. Minimum deposit is $200, learn more.

Magnum Options is a new broker that is gaining popularity quickly. After Redwood Options stopped accepting traders from America, Magnum stepped in and started accepting a lot of American traders. They use the SpotOption platform and focus heavily on client training and education, see here.

Porter Finance is a new broker that opened in January 2015. They are focused on traders education, see here.

Regal Options owned by P.M. Investment Capital Ltd, uses the Tradologic platform which offers range binary options, and 15 second options, see here. They are integrated with the trading signal software BinaryTraderPlus.

TitanTrade is a broker that launched in October of 2013, they offer a 100% signup bonus, see here. They are using the latest SpotOption platform, read more.

General Information About Regulated Brokers

Popular binary option brokers are not regulated by the SEC or CFTC in the United States. A regulated broker is almost always regulated by the Cyprus Securities and Exchange Commission which is a member of the European Union. Using a regulated binary options broker is not a guarantee that your funds are secure. CySEC is not the same as the US CFTC, and does not offer investors the same level of protection of their funds. It is questionable if CySEC offers protection to traders located outside of Cyprus, although EU countries recognize CySEC regulation as a proper financial authority due to their EU member status and the rules of Mifid.

The issue of broker regulation came to light during the Cyprus financial crisis in 2013. Many binary option traders were concerned about the safety of their trading accounts. The best option for a binary options trader is to contact a regulated broker and ask where trading account funds are deposited, and what guarantee, if any, the broker can provide to ensure your money is safe.

Traders should open accounts with two different regulated binary option brokers. Test out the trading platform, test the withdrawal procedures and ensure that it is easy to make withdrawals.

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