Why IQ Option is banned in the USA?

Asked 3 years ago

Hi everyone, I am looking for a trading platform that specialised in options trading strategies. I found IQ option, but sadly it looks like they're not legal in the USA. Does anyone know why?

Legitimate trading platforms Issues on trading platform Availability of trading platforms Iq options

Andia Rispah Igobwa

Thursday, February 03, 2022

In the United States, binary options trading may be legal, but it is regulated differently than in other countries. That's because binary options are governed by the US Commodity Futures Trading Commission (CFTC), which regulates them like gambling.
Because the CFTC does not license brokers outside of the United States, US traders cannot use them.