The truth is that not all brokers in the market today are reputable. In the U.S.A, for instance, there are strict regulations that have been imposed for the brokers in the region to be in a position to accept US-based traders.It is such regulations that make some brokers not to accept traders from certain geographical regions. Rather than go through all the trouble to ascertain the best brokers in the market, we have researched the market comprehensively and are happy to present to your the best binary options and Forex brokers this year.All the binary options and Forex brokerswe have recommended on this page have been tested and approved to be genuine and to deliver up to their promise. We have also gone a step further to group the recommended brokers according to the regions they operate in. As such, you just have to find your preferred broker from the following list, based on your geographical location, after which you just need to sign up and start trading right away.Currently, there are two main regulatory bodies for all binary options and Forex brokers in the United States. The two bodies are the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). According to the current regulations, it is not illegal for any broker to accept traders who are based in the United States. However, if any dispute arises between the trader and the broker, the broker, either binary options or Forex, will be liable for prosecution. in the recent past, the majority of such prosecutions have led to hefty fines and penalties on the side of the brokers.As a result of this, there have been two distinct categories of binary options and Forex brokers that accept US-based traders. These categories are the brokers who are duly regulated by any of the two regulatory bodies in the U.S.A and the offshore brokers, who are not regulated by any of the two bodies.Most of the brokers accepting US-based traders have trading platforms that are faultless. However, you still need to do your own research on any given broker, prior to trading with them. However, we have made the process much easier for you we have researched, tried and verified the brokers in our recommended list to be effective and genuine.Residing in the United Kingdom offers traders two main benefits, with regards to binary options and Forex trading. While in the UK, you can trade with virtually any broker, without being affected by any regional restrictions. Again, you can also choose to trade with the brokers who are regulated by Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA), the two main regulatory bodies in the UK. The two are also the most predominant licenses when it comes to Binary Options brokers. As such, it is advisable to choose a broker that is regulated within Europe.Binary Options trading is incredibly popular with Australian traders, and it seems to be growing in popularity with each month. Binary Options trading is not banned or illegal within Australia, and brokers based in or outside of Australia can offer their services to Australian traders.The increased demand in online binary options and Forex trading has led to the formation of a regulatory body in Australia, the Australian Securities and Investments Commission (ASIC). However, it is not illegal for people to participate in this form of trading in Australia. In this regard, brokers from Australia and other parts of the world can offer their services to people based in Australia. Currently, there are many brokers in the country, some that are offshore and others that are licensed and approved by the ASIC. We have tested and verified all the platforms on ourlist of brokers to be reputable in Australia.Although online trading is allowed in Canada, there is still no overall regulatory body for the entire country. Instead, each of the 10 Canadian provinces has its own online binary options and Forex trading regulatory body. Among the regulatory bodies in the country is the Investment Industry Regulatory Organisation of Canada (IIROC). Although this body is capable of formulating and enforcing laws in the Canadian trading markets and securities, it cannot do the same when it comes to online trading.We have taken time to review and evaluate each of the brokers offering their services to the Canadians. As such, the list provided here comprises of the brokers offering convenient banking support and options for online traders in Canada. Just click on the above link, review the various brokers and start trading right away, with your preferred broker.When it comes to binary options and Forex trading, traders in Europe are some of the most fortunate traders across the globe. Among the renowned regulatory bodies in Europe is the Cyprus Securities and Exchange Commission (CySEC). This body enforces a strict regulatory process, which includes Markets in Financial Instruments Directive (MiFID). According to this body, the brokers that are licensed by CySEC can accept online traders from any member state, within the European Economic Area. Additionally, CySEC happens to be the main regulatory body for binary options traders.Traders in Europe also have the option of trading with offshore binary options and Forex brokers. This leaves European traders with a multitude of options, with regards to both online and offline binary options and Forex trading. However, you still need to research on any given broker before trading with them. In this regard, we have extensively studied all the available brokers for European states and have provided a list of the best binary options and Forex brokers in the region. Just go through the list, select your preferred broker, sign up and start trading right away.The world of trading offers many exciting opportunities and they can be best enjoyed with the guidance of a binary options broker. Choosing a broker that works best for your trading needs can be a daunting and frightening experience but its a necessary one for certain.