Looking to start trading binary options in the US

jks1985

Newbie
3 0
Apparently 99% of these guys aren't accepting US clients.

The other 1% look a bit shady with addresses in Cyprus and other countries I've never heard of.

Is anybody accepting US traders besides Nadex? I got sick of using them.

Thanks
 

jw1981

Junior member
25 2
Binary options for US traders... only the shady ones accept that. You could trade with them, but don't get disappointed if they don't return your winnings or your deposit. Nadex, i'm afraid is the only legit broker out there for US options traders.
 

jks1985

Newbie
3 0
thanks. how about www.howwetrade.com? they are based in NYC but seem to be affiliated with beeoptions. are they legit?
 

kostasze

Member
50 0
They are not a brokerage their site redirects to beeoptions. They are possible affiliate marketers who are trying to fish clients and nothing more. As for beeoptions, they are not regulated and they accept US clients. I don't have previously experience with them but I know some members of my site who use them and I haven't heard complaints so far.
 
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gerryg

Established member
900 6
Because of strict USA regulators only a few brokers can conform to their requrements. But lack of competition results in not so advantageous trading conditions which they offer. That's why I recommend binary options of other brokers which is not support USA traders.
 

seti2

Junior member
26 1
us citizens not accept it

Apparently 99% of these guys aren't accepting US clients.

The other 1% look a bit shady with addresses in Cyprus and other countries I've never heard of.

Is anybody accepting US traders besides Nadex? I got sick of using them.

Thanks

hi
as far as i'm aware that problem you have back to usa regulations

because there usa is not allowed to trade this things like uk or Europe
and that why you found difficulties to open account on usa rather than nadex which is originally from uk but has licence to trade on usa

only forex option is easy for us citizens
 
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BOP

Junior member
16 3
I think of the brokers that do accept US traders you might find that you are restricted to the Assets that you can trade. I certainly know of a couple of brokers that will allow you to open an account but won't offer contracts on Forex pairs to clients.
 

moka2

Established member
529 14
I think of the brokers that do accept US traders you might find that you are restricted to the Assets that you can trade. I certainly know of a couple of brokers that will allow you to open an account but won't offer contracts on Forex pairs to clients.

If you deal with these so called brokers youa re dealing with a market maker model NOT true exchnage like playing in a casino + no Client money protection
Nadex say sit is an exchange but it's internal Market maker and Nadex are owned by same master company!

One can build BInray by using normal Exchange traded options... call spreads, put spreads etc and if you use US regulated broker SIPC coverage
 

moka2

Established member
529 14
Asic lol

WhichWay.com which is based in Australia but accepts 8 different currencies (including USD) are excellent with their services as well as regulated by ASIC, which makes them really trustworthy

LOL
Do you know ASIC watchdog is a toothless watchdog
Non Exchange traded product clients have very little protection if an Australian brokers goes burst.. they become unsecured creditors.
Ask them if my money is truly segregated from other peoples money?
Ask them if you go burst what happens to my Money
- Ask them are you using cleint money for other business purposes
Yes ASIC imposed conditions but not enough .
 
 
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