November 19, 2015 at 5:49 pm
Being a US resident, I can tell you these new regulations suck. I can’t find any good broker to trade with, especially since Spotoption has also decided to stop accepting US clients. It has been such a hassle since these rules and regulations have been put in place. I know I should probably just move to Nadex but I prefer the simplicity of the offshore brokers a whole lot more. I think if the CFTC grants licenses to any options broker it would probably be more or less the same as Nadex. I reckon only time will tell. In the meantime I will take my chances with unregulated offshore brokers and maybe set up a Nadex demo account and see how it goes.