Regulations and brokers are changing all the time and it is important to keep up to date with the developments. There are many brokers that are not CFTC regulated but are US friendly and accept US customers for binary options trading. 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.
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Currency exchange market definition