Best Regulated Binary Options Brokers: Guide (April 2020)

Binary Option

Hello. I'm binary option trader. Sometime i make good money but i cant control my emotion. Example : When i loss 10 USD after gain 100 USD i think that "OMG. How can i loss 10 USD." With this emotion i bet 30, 50 , or 100 USD to close the loss. But in this case i loss all my money. When i see market is bad , i'm searching for pretext to trade. I can't control my money and emotions. Have you got any advice for me ? Thank you all.
submitted by _socket_42 to wallstreetbets [link] [comments]

The Binary Book Scam extorted millions from many naive investors and scammed them

Under a continuous spike inside the number of fake binary cases inside the financial world, we advise a person to stay risk-free, secure and never ever invest a lot of money to be able to a particular broker without actually verifying who it is. Binary Book Scam is something that needs to be spoken about right now. Trying to the fact and duping men and women on the similar lines as the particular way, pretty much similar to the previous ones. Following a thorough investigation, we found out there that the company has literally duped hundreds of investors together with millions of bucks up to now.
One of the most prominent things about the Binary Book Scam is the way it was dealt wiith was the high deposit amounts that it exhibited. High returns have been promised but these kinds of high returns any time it comes in order to binary trading will be simply not achievable at all. We were indeed convinced that it was a scam. We found out there that it presented five different varieties of accounts, each of which needed a minimum deposit of $1000. The worst part had been that the features of the account sorts were not described on the website, which evidently was against the rules in the trade since Binary Account deposits usually begin from $10 for most legit binary option sites.
Back in 2017, Lee Elbaz, the CEO of Yukom, was arrested by the US FBI for wire fraud and conspiracy to commit wire fraud. If you don’t know what Yukom is, it is the parent company of BinaryBook and Big Option.
BigOption has already been said established as a scam and we are pretty sure that Binary Book is following the same footsteps as well.
There is also an FPA Traders Court guilty vote against this company. The FPA recommends a high level of caution dealing with Binary Book unless this issue can be resolved. Binary Book has also been added to the CFTC's RED list for illegally soliciting U.S. Residents, clearly signifying the fact that there are reasons why it ended up being a fraudulent service.
Binary Book Scam was also captured red-handed by us all due to the reality that there had been plagiarized educational substance and plagiarised About Us page about their website. Actually the words in addition to conditions page that will the binary book website had been something that had been fake. After this many trials and errors, we determined to finally determine that binary book scam is a thing that is soon likely to unfold and because a result, one should not trade any sort of funds with typically the trader.
Also, according to certain testers from various binary forums, the company offered a lot of private data as to when they signed up for the company, these people started getting a new lot of junk e-mail emails from various binary sites around the world. This is plainly indicative of the particular fact that they will sell private data for a cost, which is clearly against the rules and regulations of a financial setup.
About First Option Recovery
First Option Recovery is the numero uno choice when it comes to fund recoveries across the globe. They have the best in class attorneys and legal advisors who help them solve financial frauds on a daily basis. They have recovered over $19 million so far with over a decade in service. Owing to the team of 128+ attorneys, lawyers and banking experts, they have been the forefront of the fund recovery industry since the time of its inception. They have a success rate of over 90% and with such finesse and perfection, they can well be the best fund recovery group not just in the United States alone, but all over the world, it seems. Do contact them to know more about the services that they offer.
submitted by Shubhangi22 to u/Shubhangi22 [link] [comments]

Since Bitcoin was created, right now is the most bullish scenario we have ever seen, the world is knocking on our door, are we ready?

"this movement is horrifying, unsustainable, and reckless. But it's happening, so wheeeee!!!" _chewtoy_
submitted by CoinCadence to BitcoinMarkets [link] [comments]

Welcome to The Grand Exchange! First Post + Roadmap

Hey Reddit, this is Chandler, the founder of The Grand Exchange. We are a startup working to build a Derivatives Contract Exchange with positions and accounts based entirely in Cryptocurrency. These contracts will be created, exchanged, and entered into between users, with our Order Book acting as an open marketplace for users to find contracts that suit their interests. Initially, contracts on the platform will likely resemble binary options contracts on stock prices, weather, etc. but our available contract types are limited only by legal and technical restrictions. Our initial platform will be an app (iOS and Android), but we will eventually scale to have a web application and open API available.

I wanted to create this subreddit as a platform for discussion and engagement within the community. We want to hear what our potential users have to say about the product beta and give feedback or ideas on features, and in return we can keep our users updated with the most recent information about the company and the app. Another personal goal for this organization is transparency; I want us to be open about our progress and development as a young company and give users the early chance to participate in something huge.

That being said, here is our near-future roadmap:

May 15, 2019 - Release our explainer video, introducing the platform and showing how it works.

Aug 1, 2019 - Release a "gamified" beta version of the app, where contracts are exchanged using fake virtual credits (this allows users to give feedback on our interface and gives us time to sort out technical bugs before a real launch).

May - Aug - Continuing registration process with the CFTC. We are a US corporation acting as a contract exchange and will be overseen and regulated by the Commodity Futures Trading Commission. This is a long and legally expensive process that is still ongoing. By August our goal is to have a set date when registration will be completed and we can officially open the exchange.

tl;dr
We are a startup building a Cryptocurrency-exclusive Derivatives Contract Exchange; this community exists to give feedback and ideas on the product while we work towards our development milestones and complete the long and expensive registration process with the CFTC.
submitted by fr3nch-t0ast to TheGrandExchange [link] [comments]

Are binary options exchanges legal in the US?

I can't tell if hosting a binary exchange is legal in the US. It looks like the government has allowed two to register, but they appear to be broker-dealers. I'm referring specifically hosting an exchange - no brokerage.
Binary options fall under OTC derivatives which used to be completely unregulated pre-Dodd Frank. Now it looks trading is legal but I can't find a straight answer about exchanges.
The binary options community of course makes it seem like nothing has changed and the government seems to have made it particularly find a straight answer buried in legalese. It looks like, depending on the commodity/security, CFTC regulation may be required.
However, what about underlying price drivers that aren't on the list. I.e., weather futures?
I'm located in the United States. This chart might help provide clarity:
https://www.cftc.gov/sites/default/files/idc/groups/public/@newsroom/documents/file/exemptcommoditiesvenues_091207.pdf
And please don't tell me how sketchy they are. I know these exchanges are a bad idea, I just want to find out if "exotics" are regulated in the US.
submitted by econobro to legaladvice [link] [comments]

Regarding CFTC Commissioner Brian Quintenz's remarks on smart contract regulations...

Want to regulate smart contracts? Good luck. If it seems like policymakers are flummoxed by the rise of cryptocurrencies, wait until they get to smart contracts. Just ask Brian Quintenz, commissioner for the US Commodity Futures Trading Commission. At a conference in Dubai this week, Quintenz expressed a sense of awe at the vast unknown that blockchain-based computer programs have created for his agency.
The CFTC oversees commodity futures and swaps markets. Since 2015, when the agency designated Bitcoin a commodity, its purview has included markets for cryptocurrency derivatives. Quintenz gave a specific example of a smart contract that falls within the agency’s jurisdiction: a prediction market that lets users bet on the future price of a commodity. The CTFC sees that as a kind of derivative called a binary option, and before a binary option can be listed it must be registered with the CFTC, he said. That seemed like a clear reference to markets that have already appeared on Augur, the Ethereum-based platform that allows users to set up markets for betting on the outcome of future events. (see “This new blockchain-based betting platform could cause Napster-size legal headaches”)
In the past, the CFTC has been able to build its regulatory structure around market intermediaries that must register with it. That won’t work in the world of decentralized blockchain networks, Quintenz said. “How can our regulatory apparatus, built to register and oversee intermediaries, adequately police our markets and set standards for a disintermediated market?”
Who should be held accountable for an unregistered binary option, for example? In some cases it might be appropriate to prosecute those who developed the smart contract code, Quintenz said. He dismissed the argument that the developers aren’t liable since they have no control over what users do with the protocol they created—which is how Augur’s creators have responded to questions about the potential of illegal activity on their platform. But prosecuting the code’s developers won’t get rid of the code, which runs on a blockchain network. So what should the CFTC do if users keep listing illegal contracts?
Quintenz concluded his speech on smart contracts with a Carl Sagan quote that he said he finds poignant: “[W]e live in a society dependent on science and technology, in which hardly anyone knows anything about science and technology.” You can say that again, Commissioner.
submitted by crypto_ha to CryptoTechnology [link] [comments]

[uncensored-r/BitcoinMarkets] Since Bitcoin was created, right now is the most bullish scenario we have ever seen, the world is...

The following post by CoinCadence is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ BitcoinMarkets/comments/7gwu7o
The original post's content was as follows:
"this movement is horrifying, unsustainable, and reckless. But it's happening, so wheeeee!!!" _chewtoy_
  • Long term price channel definitively broken upwards, and has become support once already
  • Localbitcoins seeing record volumes basically everywhere https://anacoinda.github.io/localbitcoins/
  • CME Group confirms Bitcoin futures market will start trading December 12th
  • NASDAQ announces bitcoin futures to begin trading 1st 1/2 of 2018
  • Cantor plans to offer BTC binary options
  • CoinBase is consistently signing up over 100,000 new users a day
  • CFTC Commissioner Brian Quintenz "Although there will always be bad actors willing to engage in manipulative or fraudulent practices, the launch of the bitcoin futures contract provides investors with an opportunity to trade bitcoin exposure in a regulated market."
  • GBTC trading at the equivalent of $18,000
  • Yahoo Finance goes full crypto https://finance.yahoo.com/cryptocurrencies/
  • WSJ Markets covering bitcoin daily
  • Schnorr signatures on horizon to increase tx per second and reduce SPAM transactions
  • MAST Transactions on horizon (Merkelized Abstract Syntax Trees) Enables smart contracts, greater privacy, and reduced blockchain usage
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

CFTC Continues to Crack Down on Illegally Operating Binary Options Companies

In a global atmosphere which is increasingly strict when it comes to binary options regulations, the US Commodity Futures Trading Commission (CFTC) remains ever-vigilant. In recent news, the regulator went after 8 companies and individuals who were offering their services in binary options and FX without CFTC regulation to US consumers.
According to the official press release, charges were filed against:
The CFTC reports that this type of unregistered activity is on the rise.
submitted by enivid to binaryoptions [link] [comments]

Nadex Binary Options

So I'm sure everyone has seen the YouTube ads about Nadex if anyone has been on YouTube. Nadex seems to be a really great concept, while binary option brokers are often seen as scammers. Nadex is an exchange that is regulated by the CFTC, and does not participate in trades.
I've been trying out Nadex's demo account and I wanted to go live, I was wondering if anyone has had any experience or opinions using Nadex.
submitted by JRDemps to investing [link] [comments]

Banc De Binary Is A Regulated Broker, But Not In The U.S.

Banc de binary is a regulated binary options broker, but not in the United States. In fact, they are not even taking U.S. customers any more. CySEC and FSA regulation makes BDB a recognized financial service and subject to CFTC and SEC regulation in the U.S. So far they have not gotten it. At this time there is no CySEC or other off-shore based binary options brokers legally operating in the U.S. Any claims to the contrary are misinformation. I have been researching this subject for over a year, here are a couple of articles I have written on the subject.
Banc De Binary - http://binarymarketanalysis.blogspot.com/
CySEC Regulation - http://tmhughes.hubpages.com/hub/Regulation-Of-Binary-Options
Best Binary Options For U.S. Traders - http://tmhughes.hubpages.com/hub/Nadex-Binary-Options-The-Best-For-US-Traders
submitted by cheftombikes to Binarymarketanalysis [link] [comments]

Monday market update - July 20 Knock-outs & binary options on the new Nadex platform - July 16 Markets World - Investing.com Neutral Signals Banc De Binary vs SEC CFTC - lawsuit and injunction - binary options regulation gone wrong Nadex - Power Up Your Trading with Binary Options

Nadex is the only regulated (CFTC regulated) binary options broker that accepts US traders. The broker offers charting and technical analyisis tools, as well as, advanced order types. The minimum deposit is only $250. VISIT NADEX. 2. BinaryCent. BinaryCent is currently the best US welcome binary options broker. Regulators. In the USA the main regulators are the CFTC (U.S. Commodity Futures Trading Commission) and SEC (US Securities and Exchange Commission). We will soon be posting a list of binary options brokers that are regulated either by the CFTC or the SEC or by both, that accept traders from the USA. The leading US trading Exchange. Nadex offer genuine exchange trading to US clients on Binary Options. Fully regulated by the CFTC. US Commodity Futures Trading Commission : This independent regulatory agency was established in 1974, and regulates the option and futures markets in the USA. While you are not going to see binary options brokers regulated by either the CFTC or SEC, you will see their names plenty. CFTC/SEC Investor Alert: Binary Options and Fraud. The Commodity Futures Trading Commission’s (CFTC) Office of Consumer Outreach and the Securities & Exchange Commission’s Office of Investor Education and Advocacy are issuing this Investor Alert to warn about fraudulent schemes involving binary options and their trading platforms.

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Monday market update - July 20

Nadex the only cftc regulated binary options exchange and its game changing product Learn the 6 trading set ups used to turn a 250 acct into 16k in 3 week Side by side live trading with Jack in ... US traders are bound by a number of laws with the region that avert them from purchasing any binary options broker that is not controlled by the CFTC as well as NFA. Nadex is the leading US-based CFTC-regulated financial exchange for binary options and option spreads. We’re located in the heart of Chicago’s financial district. Subscribe to learn more about ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Nadex is the leading US-based CFTC-regulated financial exchange for binary options and option spreads. We’re located in the heart of Chicago’s financial district. Subscribe to learn more about ...

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