I am so glad to announce that there is an Atlanta office, where I will receive training, mentorship and where my invitees can come and check out what we do for families! I am super excited to announce that I will be under the leadership, training, mentorship and apart of the team of Executive Vice Presidents of the company I work with, Ellis Suazo and Jasmine Suazo, multi-millionaires, who also have an office in Chicago, IL and have opened a second office in Atlanta. They are founders and owners of The Wealth Academy.
Please view the following video.
I am GRATEFUL and GLAD for the OPPORTUNITY that was AFFORDED ME and the EXPERIENCE I got VIRTUALLY, VIA PHONE, TEXT MESSAGE, and GROUPME by Greg Smith and Bess Newman Smith and the Seeds2Success team in Ohio. We’re having a GRAND OPENING at the OFFICE! You should come with me! You have to register. But you will be my guest! Please reply to this post with “LINK” for the link!
So You Want To Trade Binary Options As A U.S. Resident, First Know The Commodity Futures Trading Commission (CFTC) & The Commodity Exchange Act & Regulations (CEA)
Commodity Futures Trading Commission (CFTC)
The Commodity Futures Trading Commission was created in 1974 with the enactment of the Commodity Futures Trading Commission Act. Prior to this, futures contracts for agricultural commodities were traded in the United States for over 150 years and since 1920, under Federal regulation. The (CFTC)’s mission is to promote integrity, resilience, and vibrancy of the U.S. derivatives market through sound regulation. (Bold emphasis added.)
The Commodity Exchange Act (CEA) regulates the trading of commodity futures in the United States. It establishes the statutory framework under which the Commodity Futures Trading Commission (CFTC) operates. Under the (CEA) the (CFTC) has the authority to establish regulations that are published in title 17 of the Code of Federal Regulations.
Binary Options Brokers Who Use Arbitrage Services
There are a lot of binary options brokers who offer arbitrage services that allow you to trade binary options. Some of these arbitrage services are located in countries outside of the United States of America. Some U.S. residents opt to trade using the arbitrage services that are in these countries, however, if you live in the United States of America your binary options broker should be registered in the United States of America. You want to trade legally and ethically. You don’t want to be intertwined with, caught up in, or connected to an off shore broker that could possibly get you in legal trouble because they aren’t following U.S. Regulations and requirements and indirectly you, whether you are aware of it or not, would not be following U.S. Regulations and requirements.
You Could Lose All Of Your Money With An Off Shore Broker
Another reason why you want to use a U.S. based broker is, you could lose all of your money. Without regulation to protect you and your funds you could lose everything you invested and gain while trading with an off shore broker. You want to be at ease while trading and know that your investments are regulated and you want to profit.
U.S. Binary Options Brokers
You can check whether a broker is registered with the (CFTC) in the United states BEFORE you trade. You can actually check registration and backgrounds before you trade. This can be done by visiting the NFA BASIC database to check. You can get there directly from a webpage on the CFTC’s website here.
Per the CFTC,
Before working with any person or firm to trade in commodity futures, commodity pools, options, forex, or other derivatives, verify that the entity is properly registered with the CFTC. The Commodity Exchange Act requires certain firms and individuals to be registered with the (CFTC). Registration and examination of intermediaries is conducted on behalf of the (CFTC) by the National Futures Association (NFA) under the supervision of the (CFTC).
CFTC Commodity Futures Trading Commission
With a check via NFA BASIC database, you receive registration, disciplinary or regulatory history, and financial information.
Here are some U.S. Based Brokers that are NFA Member Approved
TD Ameritrade Futures & Forex
TD Ameritrade Futures & Forex LLC
Webull
The best way to use this site is to enter the name of the Broker that you want information for and it see what results that you receive.
Non US Based Binary Brokers
These are some Non US Based Binary Brokers. The list is not all inclusive. They are not apart of the (CFTC) and are off shore brokers. They may be regulated with an International Broker or a broker for their country.