I have an account with Interactive Brokers and the only way I seem to be able to trade options on forex is to use options on futures contracts. I know that FX option liquidity is highest in the OTC market. But is there any progress on letting retail traders like myself trade FX options on spot in liquid markets?
Thanks. I hadn't heard of Nadex and will check it out. Sadly it isn't available to Canadian residents. I wonder if there are any other choices that are regulated and fully collateralized with no counter-party risk.
It sucks to be Canadian Binary Options are banned but with the right strategy you can be so profitable.. Its such a black hole for wannabe traders who want to make profits quick especially with 5 mins binaries which is to me in the long run a losing battle