Nadex Review! The Only US Regulated Binary Options Exchange! Not an Offshore Scam!
The Nadex (website: Nadex.com) review is probably one of the most important review for US traders that is interested in binary options trading! With the rise of many offshore binary options brokers especially the non-regulated brokers, the safe and legal choices for US traders seems to be very limited. It is not because binary options itself is illegal, but rather the way that unregulated brokers operate are sometimes illegal especially if the broker decides to scam it’s trader’s money. As we aim to prevent further scams from shady offshore brokers, like Cedar Finance which had notoriously scammed many trader’s money, Binary Options Sentinel aims to direct traders to the right broker!
Fortunately, this broker coming into the industry as the “ONE and ONLY” Commodity Futures Trading Commission (CTFC)Regulated binary options trading platform for US residence. Unlike the shady offshore brokers, being the only CTFC regulated binary options trading platform ensures that US residence gets the necessary protection against fraud! If you are a new US residence and is interested in investing in binary options, do take a look at the SEC and CTFC government warnings concerning binary options HERE.
Why is Nadex the safest choice for US residence?
The most reassuring fact that we can find out about Nadex is that it is based in the US and due to that reason itself, it is under very strict regulatory oversight by the CTFC as an Exchange or Clearinghouse. While being registered as an Exchange/Clearinghouse, Nadex is obligated to abide by very important regulatory principles such as:
- Nadex is serving the function of matching buyers and sellers of a contract in an unbiased manner (unlike many online binary options trading platform, Nadex does not gain profit or losses on trades, but rather it simply receives a fully disclosed exchange fee)
- Nadex provides a fully transparent environment for settlement of account including time and sales data
- Nadex also keeps member funds in segregated bank accounts in United States itself
Knowing that Nadex’s member funds are being held in segregated bank accounts at BMO Harris Bank and Fifth Third bank in the US in accordance to the CTFC regulations. The funds are held separately from Nadex’s own funds and is not treated as their own belonging. Thus, should a bankruptcy occurs to this company, member funds will be safeguarded and returned to it’s members. This would provide good sense of securities in terms of having to deposit your money into a completely regulated entity as opposed to shady binary options broker!
This regulated exchange has already been around since 2009 (founded in 2004 and renamed to Nadex in 2009). Nadex being the one and only US regulated binary options exchange is indeed a great opportunity to lead as an example for other binary options broker that intends to provide their services for US residence. However, we do not foresee any new US regulated binary options exchange in the near future, hence this exchange will still remain as the ONLY choice for US residence to trade binary options legally! That is of course you would very much not like to lose your money to shady offshore binary options broker that can actually steal your money and avoid any potential lawsuit.
Nadex’s Conclusion: The only US (United States) Regulated Binary Options Exchange
It is very obvious that Nadex is the BEST and SAFEST choice for US residence that is interested in trading binary options. It is fully secured and you can rest assured that your money will definitely come back to your when you ask for your withdrawals. The fact that Nadex is CTFC regulated gives us the sense of security and Binary Options Sentinel is definitely naming Nadex as the MOST trusted binary options exchange for United States residence. We invite day traders residing in the United States to trade with Nadex rather than notorious brokers!
Quick Info about Nadex:
- The one and only CTFC Regulated Exchange for US residence
- Nadex.com is the only United States binary options broker operating as an Exchange
- Minimum Deposit: $100
- All member funds are kept within United States in Segregated Bank Accounts
- Location: North American Derivatives Exchange, Inc. 311 South Wacker Drive Suite 2675 Chicago, IL 60606
- US Tol Free Number: 1 877 776 2339
If you are residing outside of the United States, your best possible choice would be to register an account with a regulated broker. 24 Option are examples of popular and CySEC regulated binary options broker that has abide by CTFC regulations by not soliciting US traders. Apart from that, they have been around in the industry for a very long time with a great reputation as well. Visit 24 Options Review for more information! Trading binary options carries high level of risk and might result to full capital loss
Please feel free to contact us a firstname.lastname@example.org should there be any queries related to binary options trading!