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Offshore forex brokers accepting clients from USA

Written by Mihaela Florea   
Friday, 06 May 2011 15:37

Offshore forex brokers accepting clients from USAThe online forex trading industry is one of the most dynamic online industries. Most online forex traders are US citizens so the recent events regarding the top poker rooms active on US market also affected the forex market. The events on the Black Friday were totally unexpected and no one saw it coming.  This unprecedented event raised the level of uncertainty in the online environment as the forex industry was already in a tough situation after the US Commodity Futures Trading Commission (CFTC) imposed new regulations.

These  CFTC regulations led to the limitation of the number of forex brokers that accept US traders and most of the brokers available on the US market have low leverages and unfavorable trading conditions. Under these circumstances more and more US traders look for offshore forex brokers with higher leverages and better trading conditions.

Unfortunately neither the foreign brokers are allowed to accept US traders so the only option available at this moment is the binary option trading. All major binary option traders such as Ikko Trader and Anyoption accept US traders.

The binary option brokers are licensed and regulated by trustfully boards and commissions. For example Anyoption is regulated by the Cyprus Securities Commission, which  is the regulator of the financial services industry in Cyprus. So Anyoption is as secure and trusty as any Cypriot forex broker on operating the forex retail market.

All binary options brokers have high profit rates, most of them offering up to 85% profit for options expiring in the money and up to 15% refund for options expiring out of the money.

The binary options trading has many advantages compared to the traditional forex trading, the higher returns on investment and the shorter option expiration times being just the most attractive ones.