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

CTOption uses the Panda TS / MT4 trading platform, see here. Traders can register for a Demo account here. Their most popular feature is the trading replicator which you can choose a trader to copy, read more.

TradeThunder (read review) is a unique broker that running on the BX8 trading platform built by Leverate, which offers one click trading, try it here.

Porter Finance (read review) is a broker that opened in January 2015. They are focused on traders education, see here. New traders receive 10 risk free trades, signup here.

Finpari (read review) is an established broker that offering 3 risk free trades and the popular SpotOption trading platform, read more. Many traders at Finari use the Binary Option Robot because it is the best auto trading software, see here.

Tradorax is a broker that accepts traders from all countries, and they use the powerful Tech Financial trading platform, see here. Most traders at Tradorax use the Binary Option Robot, see here.

Best Binary Option BrokersGeneral 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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