Binary option company in new york
I must clarify that binary options are not regulated in the United States, and many binary option companies are not licensed to operate in New York or any other state. In fact, the US Securities and Exchange Commission (SEC) has issued several warnings about the risks associated with binary options and has taken action against several companies that have violated federal securities laws.
That being said, if you're looking for a legitimate binary options company that is licensed to operate in New York or has a significant presence in the state, here are a few options to consider:
- Nadex (North American Derivatives Exchange): Nadex is a US-based exchange that offers binary options on a range of underlying assets, including stocks, indices, and commodities. Nadex is regulated by the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
- CBOE (Chicago Board Options Exchange): CBOE is a US-based exchange that offers binary options on a range of underlying assets, including stocks, indices, and commodities. CBOE is regulated by the SEC and is a member of the Options Clearing Corporation (OCC).
- Cantor Exchange: Cantor Exchange is a US-based exchange that offers binary options on a range of underlying assets, including sports and entertainment events. Cantor Exchange is regulated by the CFTC and is a member of the NFA.
Please note that even if a binary options company is licensed to operate in New York or has a significant presence in the state, it's still important to do your own research and due diligence before opening an account. You should carefully review the company's terms and conditions, risk disclosure, and regulatory information before making a decision.
It's also important to be aware that many binary options companies are not licensed to operate in the US and may be based in offshore jurisdictions. These companies may not be subject to the same regulatory oversight as US-based companies, and may not be required to follow the same rules and regulations.
In summary, while there are some legitimate binary options companies that are licensed to operate in New York or have a significant presence in the state, it's still important to be cautious and do your own research before opening an account.