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 ten 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 broker accepts option traders from the United States.

Since no Cysec Regulated Brokers accept traders from America, it is important to understand the problems with unregulated brokers. Read about broker complaints, withdrawal problems and trading signals.

Popular Binary Options Brokers

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. See here for BeeOptions current signup offers.

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.

Bloombex Options 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.

Binary Options Demo AccountAdditional Brokers To Consider

Brokerage Capital is a fairly new binary options broker. Owned by P.M. Investment Capital Limited and using the Tradologic platform, they are offering 100% sign up bonuses, read more.

Cedar Finance (owned by T.B.S.F. Best Strategy Finance Ltd) is no longer regulated by CySEC. Cedar Finance now accepts traders from America. Cedar Finance is holding a series of trading seminars, view schedule.

CTOption applied for a license from CySEC, but still accept Americans. Min Deposit is $250. They use the Panda TS / MT4 trading platform. They have an auto trading bot, get it here.

EmpireOption is regulated in Uruguay and accepts American traders. They have a World Cup Trading Contest until July 13th, see details.They are very popular in South America!

GOptions is one of the only binary option brokers 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 only $200, learn more.

LBinary is a brand of Live Binary and associated with Targaryen Holding. They are not regulated, view more details.

OptioNow is a broker specifically for Americans. OptioNow is managed by the same company as Capital Option (a CySEC regulated broker who doesn’t allow American traders). Have a look at their easy to use platform here. They offer a 100% sign up bonus, see here.

OptionsXO is a broker with no minimum deposit requirements. They offer new traders a signup bonus, see here. OptionsXO has bitcoin options available for trading, read more. They also have boundary options, see strategy article.

Redwood is very popular with traders using various signal providers, read more.

Regal Options uses the Tradologic platform. They are owned by the same company as Cedar Finance, read more.

TitanTrade is one of the newest binary option brokers. They just launched in October of 2013, read more.

uBinary accepts binary option traders from America and the rest of the world. They have an iPhone app for trading see here. uBinary offers new traders a 30% bonus on funds they deposit, learn more.

ZoomTrader is a broker based on Tradologic platform, see 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 SEC, 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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