There are only two regulate binary exchanges in the U.S., Nadex and CantorExchange, which is the point I was responding to. There are a number of Forex brokers, but they are not CFTC regulated.
Most beginners are on such matters. Interesting 2015 comparison: Understanding the Differences between Cantor Exchange and Nadex http://www.financemagnates.com/bina...ifferences-between-cantor-exchange-and-nadex/ "While Nadex is geared toward the individual retail trader, Cantor Exchange is aimed at attracting binary option platforms..."
I agree with you-- there are many legit currency traders--- just ones looking for "robots" are not the most astute people and there are tons of them attracted to this site, like bees to honey looking for fast money from their micro account.