That gave them a huge advantage in experience in running a binary platform, and great financial backing from a strong parent company. And it is that last thing that can give people confidence that if they make profits, they WILL be able to withdraw them, and do so without a fight and the overly heavy-handed tactics some (too many) brokers use in this hyper-competitive business.If you reside outside the US on the other hand, your choices expand quite a bit and you have more leeway in choosing a broker that is BOTH trustworthy and meets your wants and needs as a trader. However, with that said we would easily have to say that 24Option, one of the Original Dozen (that is, 24Option was one of the original brokers to dedicate themselves strictly to binary options trading). They have been around since basically the beginning, and for good reason. They are a solid broker with a good trading platform, some nice features, and a 100 record of honesty in withdrawals and bonus terms (although we generally dont advise accepting deposit bonuses from ANY broker except under certain circumstances, which we wont get into here for length reasons).I hope that helps a bit anyway, and if you have any other more specific questions then we would be more than happy to answer them. Good luck in all your trading activities, whatever you decide to doRegards,JMUnfortunately, I cannot currently provide you with an honest answer to that question. I have never traded with them, and when we tested them out on our site for awhile, some of our visitors did not seem very pleased with their experiences. Not a lot of complaints, but if the complaint is legit then even 1 is too many. I wont badmouth a broker I have no personal experience with, but personally, I would not choose LBinary over the many better brokers out there, in our humble opinion.We gave Empire Options one of our 30-day trials for a review, and it wasnt a good one. However, that was over a year ago the last time we traded with them for a review and we have started to hear better things about them within the last couple months. So, it sounds like they may have cleaned up their act a bit. But, I cannot personally attest to that, so thats about all I can say on the subject at this time. Hopefully well get a chance to do a new 30-day trial run and then a new review done on them sometime in the next couple months.Thanks for your input and question though. I wish I could be more helpful.Regards,JMI am beginning my journey also so good luck to any newbies out there I was curious as to the point of the brokers I understand that Nadex is a legit exchange regulated by the US and the majority of brokers are not. Will brokers keep your money Will they not let you withdrawal i just dont understand. Also has CherryTrade made your list yet I came across their platform recently and was looking into them also. Thanks for all suggestionsCherryTrade is on our short list of brokers to open an account with to do a thorough review of the platform, and most importantly their withdrawal procedures and the like. We hope to have a full review on them up by next month some time. We cant write a detailed, honest review without actually opening an account and trading with the broker for awhile. We usually do 30-day trial periods before we are willing to write up a review on a broker.Thanks for your input The community survives and thrives on honest visitor feedback.CheersJMAny signal service that makes you sign up and deposit with one of their chosen brokers, and ONLY their chosen brokers, then it is a scam service. They get paid by those brokers for every new customer they get as a result of the Signals Service in question. Their signals are no good, nor do they care if they are any good because they made their money the minute you signed up.There are VERY FEW good signal services out there. And every one of them costs a significant monthly subscription fee.You are being steered wrong my friend. I advise you to stay far away from this service you describe (though without knowing more about it I cannot say for sure that its one of the majority bad ones).From the Nadex site: LEGAL FOR US RESIDENCE tagCan offshore brokers trade with US residentsIn the case of off-shore platforms offering binary options to retail customersin the United States, the answer to this question is a resounding No.As the Director of Enforcement for the CFTC stated in connection with a recentlyfiled lawsuit:It is against the law to solicit U.S. persons to buy and sell commodity options,even if they are called prediction contracts, unless they are listed for tradingand traded on a CFTC-registered exchange or unless legally exempt.82128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212821282128212-I find conflicting info. Is it legal for US residents to trade binaries or not Is NADEXWRONG and just fear mongering. Are they using old or inaccurate infoIt is absolutely legal for US residents (myself included) to participate in binary options trading. It is, however, one big regulatory mess right now with EU and US regs conflicting so badly that broker can either operate in the EU and not accept any US clients, or they can forego EU-Regulation which is a turn-off for many in the EU market, meaning lost business. So brokers have to make a near impossible choice right now: Operate in the lucrative US market, but potentially lose too much business to those who believe that regulations actually protect them personally (LOL). Or, they can accept the conflicting EU-Regulation, and as a result not be allowed to accept any US clients. A tough choice for any business to have to make.But to get right to the heart of your question: Once again yes it is perfectly legal for US residents to trade in binary options. Where the shady legality comes in is that any firm not falling under US regulatory supervision cannot legally market their services directly at US citizensa charge hard to prove in most cases.