Binary Options
 

Top 5 Binary Options Brokers in USA

 

With so many binary options brokers out there it is hard to determine which broker to choose, especially if you are from the USA. Many brokers do not accept clients from the US because their local regulation does not allow them to work with US clients. Fortunately there are also many good brokers that continue to work with the US market, and we have found the best of them in order to simplify your choice. In the table below you will see the top five binary options trading brokers that accept US clients:

1
U Binary U BINARY
2
Boss Capital BOSS CAPITAL
3
Red Wood RED WOOD
4
Zoom Trader ZOOM TRADER
5
LBinary LBINARY

 

The basics of binary trading

Binary options trading is considered to be the easiest and fastest way to trade online. Once your account is set up (which can take less than five minutes) you can make a first deposit of as low as 250 dollars and start trading right away. Since you can deposit directly with your debit or credit card you will be able to trade within minutes.

Trading is easier than one can imagine. Placing a trade takes four easy steps:

1) Select the asset - You can choose to trade currency pairs (also known as forex pairs), commodities (gold, silver, etc.), stocks indices (S&P500, NASDAQ, DOW JONES, etc.) or individual stocks (Apple, Google, Exxon, etc.).

2) Select the duration - When selecting the expiry time you choose how long the trade will last. Most brokers offer durations that range from 20 seconds to one month, The most popular trades are 30 minutes and one hour options.

3) Select the amount - This is the amount you invest in one trade. You can never lose more than this amount. If your trade is a loss you will lose the whole amount (some brokers give refunds of up to 15% of the amount, but in most cases there is no refund). Note that once you choose your investment amount the trading platform will show you the payouts in case of win or loss. You will know from the beginning how much you can win or lose. No strings attached, no commissions, no hidden fees.

4) Choose the direction - You can buy a CALL option if you think the value of the asset will go up, or a PUT option if you think the value will go down. This means that you can make profits from both bull and bear markets. Once you choose the direction and hit 'trade' your order is executed

After your order is executed you can place another order or wait for your option to expire and see if you are 'in the money' or 'out of the money'. Binary options brokers offer very nice reporting tools for your trades and you can watch your options portfolio live before it expires.

With binary options you are in control

The best thing about binary trading is that you are in total control. Every trade you place has fixed payouts and you know exactly how much money you win or lose. It offers the best tools to manage your bankroll as you will never lose more than expected. There is no 'slippage' or missed stop losses. No matter how much the market moves against you, you will never lose more than the option value.

It is no wonder why so many retail investors choose binary options instead of traditional complicated methods. Binaries are fast, easy and effective.

Are the brokers listed on this site accepting traders from USA?

That's a legit question, as you probably know that many brokers refuse to accept clients from USA. Here is the good news: ALL the binary options brokers listed on this site accept US traders! One of the main criteria when making the selection is to make sure we choose only US friendly brokers. We don't want you to start filling your details in the registration form just to find out you cannot open an account. If for any reason one of the brokers will stop accepting US traders we will immediately remove it from the list.

Is it safe to trade binary options?

If you are here you are probably aware that binary trading comes with certain risk. First of all, you can have losing trades that will deplete your bankroll. This means you can lose your money when trading binaries. But this is the same with all derivative instruments like CFDs, Forex or other types of Options. When it comes to the binary brokers and the safety of your funds, we believe you are pretty safe but we always advise for caution. Since binary trading doesn't require very large investments and depositing or withdrawing money is very easy, we think it is best to keep your account funded with enough money to place several trades but without keeping your winnings forever in the account. We think you should keep the bulk of your money with a high profile bank that provides more safety than any broker.

Can I lose more than I invest?

The best part about binary options is that you can NEVER lose more than what you invest. This is not margin trading. The broker cannot ask you to come up with more money to cover the losses. You can lose only the amount of money you trade. When you buy an option you can lose only the value of that option. Nothing more.

What is the minimum investment needed for binary options trading?

Most brokers require a minimum investment of 200 USD, but minimum deposits can vary.

Is there anything else I need to know about binary options?

Well, the most important thing to know is to always remember the old saying "Never trade with money you cannot afford to lose". While everyone starts trading with the hope of earning money, you should always be aware that you can lose, so you should fully understand and accept the risk before starting to trade. No matter what people may say, there is nothing certain when it comes to money.

Other pages worth reading:

Binary Options - The homepage of the website which explains the basics of binary options trading

Best Binary Options Brokers in UK - List of the top five brokers in the United Kingdom