Hello everyone. Tony Bubbles here. Been trading binaries for two weeks so far so good. My concern is that all of these binary brokers are in Cyprus. When I called the person I talked to was in Israel but they said they were in New York. I guess my question is how do we go more transparency? How are we suppose to trust these companies when we are, or at least I am, not sure where they are really located? Anyways, I have not had a bad experience with them, but when they ask for personal information I get nervous and that is not a good thing. Hopefully I am just being paranoid but for now I am not going to give them any information until I get some more information about the company.

Quote from Lady Forex on August 17, 2011, 21:53
Banc De Binary is recommended by many on this forum and they are located in the US. I have registered for an account with them but have not used them yet. I would try to stick with companies that have been around for a while. A lot of the companies out there are going to come and go.

Not entirely true.

Quote from Lady Forex on August 27, 2011, 23:11
BDB told me they are located in the US. This is not true?

Which part of "THEY" are located in the US ?
i'll let David do the verification here regarding if the entire entity, BDB is located and operating out of the US.

Read here the transcript from the CEO here about it:
http://www.binaryoptionsdaily.com/banc-de-binary-ceo-answers-questions

I'm not sure it's even partially true. Don't let that discourage you from using them though, there are really no US brokers that operate in the same way as these offshore places. Nadex is the closest and they are still far off.