A binary option is a simple financial asset to trade in which the buyer is granted a fixed monetary amount if the option expires “in-the-money,” or nothing at all if the option expires “out-of-the-money.”
Binary options are a great investment for investors who want to gain more experience in the financial markets without risking a lot of capital. However, not all binary options brokers are reputable and safe to invest with. Therefore, this article will provide readers with three reputable brokers that investors can choose from to invest in binary options.
Binary options brokers in the United States are only allowed to operate as an exchange house. This means that binary options contracts are between a buyer and a seller, not between a buyer and the broker. The brokers act as the middleman between the buyer and the seller. In return, the buyer and seller pay commissions to the broker for his service.
U.S. binary options brokers offer an investor the chance to trade in financial markets such as stocks, commodities, forex, indices, and cryptocurrencies. The platforms that each U.S. binary options broker uses is different and unique in their own way. It is up to the investor to decide which financial market he wants to trade in and which platform fits his personal interest the best.
Below is a list of three U.S. binary options brokers that are trusted and reputable brokers. Investors should decide which broker seems best to them after doing further research on the brokerage account.
If an investor wants a fully regulated and backed U.S. broker, then the Nadex will be the best choice in that scenario. If an investor wants trusted broker who offers a bonus, but one that is not fully regulated, then RaceOption and BinaryCent will be the two to choose from in that scenario.
In whatever case, it is up to the investor to decide which binary options broker fits his needs and interest the best. Once that happens, the investor can begin investing in financial markets in a low-cost and simple way using binary options.
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