Is Binary Trading Legal In The USA?
With binary options trading only recently, in the later half of 2012 and into 2015 just coming fully into the spotlight, a lot of traders are at a bit of a loss where regulations and legalities are concerned. Especially in the USA where regulations and laws are constantly changing. There are two main aspects to this issue. Legalities concerning the binary trading brokers and legalities concerning the actual binary option traders. IE, you, most likely.
Updated 10/20/2015
It’s not illegal for you (US citizens) to trade binary options . If you’re in the US you are going to have a smaller but quality selection of legit binary brokers to trade with.
It’s simply that since the loving US government have labeled binary options trading akin to a new form of gambling, you will to have a more difficult time finding a broker that will accept you if you’re a US citizen. You can trade at nadex, MarketsWorld and BossCapital. If you’re located anywhere else in the world, other than the USA. then you won’t have as much of a challenge. So have a look at various binary options platforms, and check if they accept US traders first. Then test out their features and read reviews of broker reputations before you decide which broker to invest your money with.
Legit & Legal USA Binary Options Trading Sites