US Binary Options Brokers 2020

Picking a safe and trustworthy broker, should be your top priority as a US trader.

us binary options brokers

It’s not very easy to find a broker for binary options trading, that is actually ready to allow traders from the USA.

Because of their different regulations and restrictions, most of the binary options brokers out there are unable accept US traders.

Please mare sure that you pick a trusted broker, before depositing any money.

Update December, 2020: There are a few brokers and exchanges that accept US Traders and Nadex is the best. This US exchange is CFTC regulated, they have the best trading platform – Visit Nadex

Our team has done the research, to bring you an updated list of binary options brokers that still accept Americans.

We’ve registered on all binary options brokers that still accept US traders and we’ve tested them all. Below you will find the best brokers and exchanges.

Best US Binary Options Brokers

The brokers in the detailed list below are some of the oldest and best names in the industry. All trading platforms listed on this page welcome traders from the USA and offer binary options trading.

Nadex – CFTC Regulated United States Exchange
Nadex is the only binary exchange that has a CFTC license. This site is exclusive to traders from the USA.

  • Most Trusted US Binary Platform
  • CFTC Regulation
  • No Broker Commissions
  • US Binary Options Trading Account
  • Easy withdrawal options

Nadex is the only regulated binary options exchange in the United States. For this reason we think that it’s very safe. If you need more information, you can read our Nadex review.

1. Nadex

nadex logoNadex is the only regulated (CFTC regulated) binary options broker that accepts traders from the US. CFTC stands for Commodity Futures Trading Commission. The broker offers charting and technical analyisis tools, as well as, advanced order types.

The minimum deposit is only $250 to open a real money trading account. You have a good variety of banking options.

Sign of for a demo account and practice trading for free.

VISIT NADEX

2. BinaryCent

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BinaryCent is currently the best US welcome binary options broker. They offer a fantastic deposit bonus, and the trading platform is top-notch.

Binary Mate has a max payout of up to 95%. The minimum deposit is $250 and they offer a 100% deposit bonus to all new traders.

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE
VISIT BINARYCENT

3. CentoBot

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CentoBot is a binary options robot that accepts USA traders. The minimum investment is only $0.10 and the max return is 90%.

This auto trading robot is 100% free if you sign up and deposit on their recommended broker (the minimum deposit there is $250).

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE
VISIT CENTOBOT


4. Finrally

logoFinRally is the newest binary options broker to accept Americans. They have a great payout of up to 95% and the minimum deposit is $250.

Founded in the year 2014, this broker is owned by Norske Inter LP and Lerona Impex SA. It used to welcome traders from the US, but currently they only accept Europe and most parts of Asia. The broker is based on the SpotOption 2.0 platform, one of the most popular with traders everywhere.

It features over 100 assets to trade in and has some of the highest security measures out there. There is secure trading, as well as speedy 1 hour withdrawals possible. With a return of up to 90% for traders, and signals from over 10,000 traders globally using the ZuluTrade feature integrated into the platform, this broker is one of the best out there for people in the USA.

WARNING! WE DO NOT RECOMMEND THIS BROKER ANYMORE


Licenses and Regulations

There are some platforms that accept US traders but are not licensed. We do not recommend these. These brokers are usually offshore companies that are kind of illegal. Always look for brokers that are licensed by the CFTC.

There is a big advantage of regulated brokers – they are safer and more secure.

Is Binary Options Legal in the US?

Yes, binary options is legal in the USA. All brokers that are licensed by the CFTC (Commodity Futures Trading Commission) can accept US traders without problems.

Getting such a license is incredibly hard, and for this reason the only broker that has one is Nadex (part of the IG group). Nadex is based in the USA.

Alternatives To US Binary Option Brokers

If you are interested in US binary options, you will definitely like these other forms of trading.

There aren’t many US binary brokers to choose from. However there are plenty of US brokers that offer Forex trading: See Brokers

If you are not from the US, please check the international binary options brokers list instead.

Only the best are viable, and the safety as well as the security of your data on their servers is very high. There are many scams out there, and only a few truly trustworthy brokers.

How To Pick A US Binary Options Broker

Binary options trading is exciting.

Overall, you need to be careful when choosing the right US broker for you. There are a lot of scams out there, so you probably should take the advice in this list seriously if you want your investments to be safe. We will update this list as frequently as possible because more and more brokers are closing their doors to US traders.

Please note that Nadex is not a broker, but an exchange.

What customer like about Nadex is, that it has no broker commissions. The US Government requires Nadex to keep the clients’ funds in segregated accounts.

Rank Broker Min. Deposit Max Returns* Features Review
1
review $250 100% + Regulated US Brand
TRADE NOW

Never deposit on a broker that we (or any other trader) do not recommend. You can also check our scams page to find out which brokers are scams.

Unfortunately US welcome brokers are not regulated by CYSEC or ASIC. Therefore you have to be extra cautious where you deposit your money.

Non-USA Binary Options Brokers

In order to help our American traders find the best binary options trading brokers and keep them updated, we’ve decided to also list the brokers that used to accept Americans, but stopped later on.

Take at the list below, with all binary options brokers that accepted US traders in the past:

Name Bonus Deposit Payout % Visit
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ctoption 100% $250 85% US NOT ACCEPTED
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OptionRobot 100% $200 90% US NOT ACCEPTED
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BinaryMate 100% $250 95% US NOT ACCEPTED
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Boss Capital 100% $200 85% US NOT ACCEPTED
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CherryTrade 100% $200 81% US NOT ACCEPTED
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Optionleague 100% $200 99% US NOT ACCEPTED

Binary Options in the United States

When looking for binary options trading brokers, you should take a few things into consideration:

  • Please note that most US brokers are unregulated. Therefore please do your own research before signing up and before becoming a binary options customer there.
  • All unregulated brokers are “ok” at best.
  • There is a higher risk of getting scammed by an unregulated broker.
  • Traders should read the terms and conditions before depositing (check their withdrawal conditions) and risk warning.
  • It is the best to stay away from unregulated brokers.
  • Keep in mind that the binary options market is very volatile.

Pick a trusted broker or trading site/exchange, and start your binary trading journey. We recommend Nadex because it’s licensed by the Commodity Futures Trading Commission. We don’t recommend any signals service.

What Our Readers Asked

Trading binary options in the United States is not that complicated. All you need is a regulated broker. We recommend going with Nadex.

It's more about safety than legality. There are no illegal brokers in the US. However there are many offshore brokers that are unregulated. You should really avoid these brokers, because unregulated brokers are know blocking traders' money on their platform.

Yes, there are a few brokers, as you see above. Make sure to pick a regulated broker.

Because of though regulation in the US, not all brokers can accept US traders. See the list above and pick a broker. All brokers listed on this page, accept american traders.

 

Resources:

Page Updated: October 29, 2020

30 thoughts on “US Binary Options Brokers 2020

  1. I am a new trader. I am looking for a good binary options robot excepting US traders. Are there good ones out there?

  2. Option League which is owned by Loyra Media registered in Dominica & run by Ben Rossi is a scam. Beat me and others out of hundreds of thousands of dollars. They operated for about a year then disappeared. they showed you were making big money with their help showing you when to by and which stocks & commodities. When it came time to pull your money out it never happened & you couldn’t reach them. On the surface it seemed a legit business with a business plan and contract ect. If you can find the where abouts of Ben Rossi let me know.

  3. I have come to the conclusion that there are no real options for US citizens to trade binary options. All of the brokers listed above have a clause in their application which says, ” I confirm, this service is provided to me outside USA territory.”

    We can blame this on the Democrats and Rhinos in Congress that do not want US citizens training in currencies or precious metals on margin.

    While it is legal for US residents to trade on the NADEX exchange the products being traded there are nothing like the binary option contracts providing by all other option brokers.

    The binary options at NADEX all have fixed strike prices and expiration times. The liquidity on NADEX is provided by human specialists who always offer extremely unfavorable prices. In addition to this the number of underlying currency pairs is extremely limited.

    In my opinion the traders on the NADEX exchange are only there to give their money to the specialists.

    1. I couldn’t agree more. there is no chance that you can win anything trading with Nadex. some how we are forced to trade with Nadex bc no other options for us binary option traders. Shame!

  4. Hi, I traded with one of the brokers you have listed above that no longer accepts US traders as of 2016. You mentioned that they were one of the best for US traders. They closed their doors not only to US traders, but I think to traders from other countries. I have a friend from UK who can’t find them. I believe they have changed their name. They not only “scammed” me, but when they closed their doors (also not available for comment despite multiple attempts), I still had 1700 dollars in my account. Poof! Gone. I contacted an attorney many months later (too late for credit card refund) and am considering paying them to get some sort of settlement (less 30% for their retainer). It’s been a nightmare. I just want to point out that on your page here, it appears that they are still somewhat “reputable” when in fact they are not. The attorneys told me that they run their business from another country despite the fact they claim their offices are in UK and have a UK phone number. With that said, I have tried Nadex but it is an extremely complicated platform and I”m pretty certain I’ll lose money there not because they’ll scam me, but because I’m not a pro. Is there really a place that has integrity that I can put some confidence (and funds) in here in the US?

    1. Sounds bad. Unfortunately it’s very hard to find a good broker that accepts US traders. This page lists all available brokers that accept US traders, however these are all ok brokers at best. Can you tell us why nadex is complicated? I was just thinking about adding them on the site. Nadex is the only broker that is regulated at the moment.

      1. Nadex is NOT complicated at all. I recommend this site and am with their referral (obviously) Check out all of their videos and tutorials ! Open a demo account (free) and then start trading….

      2. What about finrally and bdSwiss. I am looking into something in the us that is not nadex because I want something that is not as complicated and easy. What are your thoughts?

  5. i was once a victim of scam to this unregulated broker that took my funds and refused to return it, the ignored my several emails and phone calls till i found this easy steps that i took to get all my funds back within a few days, we must join hands to expose all this unregulated brokers.

    1. I have an account at Redwoodoptions.com and they refuse to return my funds, cannot contact them , no phone ,no e-mail just took money. Have been trading with them for several years then they just vanished with my money. Hoe do I get it back or is it gone for good?

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