Get our newsletterRegister to receive updates and special promotions about regulated binary options brokers. Latest Regulation NewsIRS Audit Red Flags You Need to Know December 10, 2015Let's be clear up front The odds are pretty low that your tax return will be singled out for review.
If you are participating in the binary trading game, you would want to get some advice from a consultant in order to further increase your chances of making financially successful trades. There is a way you can always have on hand advice from a professional by picking up the binary options Hamish Raw book. You should be able to understand the most complex aspects of this type of trading such as the pricing of a binary option and the calculation of the expiry rate as explained in the binary options Hamish Raw book, but that will only come after you grasp the basic points which are initially offered. You may even want to delve into this informative read before you decide to join a binary options trading platform. To directly address this ever-evolving situation, the USA introduced new regulations and laws to control commodity trading in 1974.
As such, the CFTC strove to maintain an option and futures market that was financially stable, competitive and totally transparent with no hidden costly surprises for the unwary.
The first one has the responsibility for tracking and enforcing laws and regulations within the futures and option financial markets. The main tasks of the CFTC nowadays are to regulate futures including binary options and Forex in order to protect traders form frauds and unscrupulous brokers.
It’s important to understand that there’s a big difference between US regulated binary options brokers and brokers that accept US traders. To date only one broker has achieved regulation from them, and that is NADEX, an options exchange governed and monitored by the CFTC.
Brokers can’t offer stock trading without a FINRA (Financial Industry Regulatory Authority) license, so the Nadex exchange offers binary options trading on Indices, Forex, Commodities and Financial Events.
Within the last few months we’ve already seen Banc de Binary apply for, and get refused, CFTC regulation. In order to trade binary option, you merely have to register an account with NADEX; make an initial deposit and then log onto the platform using your new username and password. In summary, NADEX provides a professional and high quality environment for trading binary options that is regulated by the CFTC. Especially since Binary Options has become the hottest new way to trade online within the last four years. For example, you will be able to find high quality educational material explaining all the important aspects of binary options trading.
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