Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.

List of binary brokers


Binary options demo accounts are the best way to try both binary options trading, and specific brokers’ software and platforms – without needing to risk any money.

Free forex bonuses


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.

Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare. In general, exchange traded options offer superior value. Nadex are one example of an exchange.


Binary options brokers and platforms – reviews and comparison


We have compared the best regulated binary options brokers and platforms in february 2021 and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The sortable broker comparison list below shows which binary trading sites came out on top based on different criteria.


You can sort the list using payout (maximum returns), minimum deposit, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best trading platform for you, as this will often come down to your personal requirements and needs.


Top brokers in ukraine


How to compare brokers and platforms


In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from ukraine. Here at binaryoptions.Net we have provided a list with all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:



  1. What is the minimum deposit? (these range from $5 or $10 up to $250)

  2. Are they regulated or licensed, and with which regulator?

  3. Can I open a demo account?

  4. Is there a signals service, and is it free?

  5. Can I trade on my mobile phone and is there a mobile app?

  6. Is there a bonus available for new trader accounts? What are the terms and
    conditions ?

  7. Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?

  8. Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices and stocks – and how many of each?

  9. Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of day, long term etc?)

  10. How much is the minimum trade size or amount?

  11. What types of options are available? (touch, ladder, boundary, pairs etc)

  12. Additional tools – like early closure or metatrader 4 (mt4) plugin or integration

  13. Do they operate a robot or offer automated trading software?

  14. What is the customer support like? Do they offer telephone, email and live chat support – and in which countries? Do they list direct contact details?

  15. Who has the best payouts or maximum returns? Check the markets you will trade.



We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review.


compare binary options brokers


Regulated binary brokers


Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.


Regulated binary options brokers february 2021
broker regulator instruments
IQ option cysec BO, CFD, crypto, forex
binary.Com malta GA BO, CFD
bdswiss cysec BO, CFD, crypto, forex
nadex exchange CFTC BO, forex


Regulators


Leading regulatory bodies include:



  • Cysec – the cyprus securities and exchange commission (cyprus and the EU)

  • FCA – financial conduct authority (UK)

  • CFTC – commodity futures trading commission (US)

  • FSB – financial services board (south africa)

  • ASIC – australia securities and investment commission



There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.


Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.


Bonuses


Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade . Whatever the form of bonus, there are terms and conditions that need to be read.


It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt out’ of taking a bonus.


Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over trade’. If the bonus does not suit you, turn it down.


broker bonus and promotion


Demo accounts


Binary options demo accounts are the best way to try both binary options trading, and specific brokers’ software and platforms – without needing to risk any money.


You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best. It can also be useful to have accounts at more than one broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset.


Demo accounts offer the best way to try out a brand, risk free. Likewise if we recommend a brand, you can try it first, before risking anything.


Low minimum deposits


If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders just looking to try binary options, a low minimum deposit broker might be best. A small initial deposit keeps risks low. Minimum deposits start at just $5 and there are a growing number of brokers offering low minimum deposits – “low” would be any minimum under $50.


Likewise, all brokers will have a minimum trade requirement or trade amount too. These can vary greatly between platforms. Minimum trade figures range from $1 to $25 – which is a large difference if a trader plans to trade frequently. For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade.


Payouts


One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the underlying asset being traded, and the expiry time of the option. In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout.


So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often. Demo accounts are good when researching payouts on specific assets and trades.


Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare. In general, exchange traded options offer superior value. Nadex are one example of an exchange.


So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade.


Which is the best binary trading platform?


Naming the best trading platform is not easy, simply because trading platforms and proprietary (bespoke) software are normally a question of personal taste. One user might like a simple layout, while others might need a lot of data on screen all the time.


However, platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, brands which offer contracts for difference (cfds) in addition to binary options, deliver a more feature-rich trading platform or advanced software.


So the likes of nadex and IQ, will deliver a very professional trading platform. Metatrader integration is also normally provided at the more professional brokers (some use both mt4 and mt5 functionality) . This difference in quality is evidence of the maturity of binary options as a product, but binary brands will catch up very quickly.


Intro to the IQ option platform


How do brokers make money?


Binary options brokers make money via one of two business models:



  1. As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘over the counter’ (OTC)

  2. Via a spread or commission on an exchange traded model



People who have experience of other forms of trading, and are now approaching over-the-counter (OTC) brokers for the first time may find themselves asking the question: “where is the commission?”.


With OTC binaries however, there is no commission. In theory, the term ‘brokers’, is not correct. Binary firms are not arranging a deal or acting as a middleman, or as a market maker; what they are, is the counter-party to each of their customers’ positions. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection. In certain circumstances, the broker will also hedge it’s own position to mitigate risk.


Those companies (nadex, for instance) that trade binary options via an exchange operate much more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman – matching buyers with sellers and charging a commission. This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Brokers can be actively compared using the spread – the tighter the spread (difference between buy and sell prices) the cheaper it is to trade.


Brokers using the spread model often also offer leverage, or trading on ‘margin’ via their software. This increases the trade size for the trader – and profit for the platform.


Should you use multiple brokers?


There are some very good arguments for having more than one binary trading account:



  • Brokers suit certain trades. Different brokers will suit different trading styles, or trade types. So one broker might be excellent for shorter term trade types, and have great payouts on forex pairs. But that same brand may be slightly less good when it comes to offering boundary trades or indices payouts. If a rival had a full set of long term expiries with great payouts, and lots of choice of boundary trades – it makes sense to have accounts with both platforms, and place trades with the broker that offered the best deal for each trade.

  • Demo accounts. Multiple demo accounts makes perfect sense – you want to try as many brokers and trading platforms as possible before deciding where to trade.

  • Reduce risk. Accounts at more than one broker protects you from any issues with a particular firm. From issues as serious as insolvency, to smaller things, like website downtime, software issues or a market being closed – multiple accounts reduces your risk of being affected by any hardship a broker might face.

  • Multiple offers. Each sign up can mean a new bonus, so it might be worthwhile taking up more than one account to receive all the offers. As ever, read the terms – and also note that on occasion, larger deposits might mean larger bonuses – so splitting them may not be the best choice.

  • Spread winnings. Some brokers may look for winning traders on their books, with a view to restricting their trading, perhaps limiting trade size – or worse. While this threat is thankfully small, multiple accounts means spreading the winnings out. Most brokers will search for “winners” based on total profit rather than strike rate, so hiding the volume across broker accounts can help you stay below their radar.



Exchange versus OTC (over the counter) brokers


Exchange brokers


A broker that offers an exchange is much closer to a traditional ‘broker’ than OTC brokers. An exchange performs the job of ‘middleman’. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices – if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise.


A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves (unless the traders are trading on credit). The broker will make their commission on the trade regardless of the outcome.


Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time (to take a profit or reduce losses).


The complications with exchanges, comes from the structure. An exchange traded binary option will “trade” somewhere between 0 and 100. Where 0 is the figure used where an event did not occur, and 100 where it did. If the current price is currently 30, a ‘buyer’ would risk 30 times his trade size, to potentially win 70. A ‘seller’ therefore, would risk 70 to win 30. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.


OTC (over the counter) brokers


The most common type is the over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits.


Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking. It is therefore likely to be lower than an exchange traded broker. Some firms will also have built in ‘hedging’ mechanisms to reduce risk further. In some cases, one side of trade might be made unavailable if liabilities get too large.


The simplicity of binary options is retained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values for options, allowing traders to close positions early, and set up stop losses. Once those features become common the gap between OTC and exchanges will get smaller. For now, traders are better off trading on an exchange – but might be advised to learn the differences via demo account.


Have you had a problem with your broker? Submit a complaint


Payment methods


Deposit and withdrawal options do vary at each brokerage. Each of our reviews will explain which each firm offer, but below is a list of the most common options.


If you are looking for brokers that support a specific payment method:



  • Neteller

  • Paypal

  • Skrill

  • Webmoney

  • Paysafecard

  • Ukash

  • Visa

  • Amex

  • Bitcoin

  • Wire transfer

  • Credit cards / debit cards


Read more


All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers:



  • Several financial assets spread across several markets

  • Offers a reasonable bonus with a good payout approaching 90%

  • Offers flexible expiration dates without boxing traders into very long expirations.



Trading using a broker’s platform will only be enjoyable, and profitable, if you are using a reputable operator. You also need to choose one that suits your trading style best – only you will know what that is. Read the above binary broker reviews carefully before making that crucial trading decision, but remember you are not tied in to any single broker, and can pick and choose.



The best binary option trading platforms and brokers of 2020


In this guide, we're going to review the best binary option brokers to help you decide which trading platform is right for you. We've analyzed over 21 different binary brokers on a variety of factors including payouts, trading platform, deposit methods, features, regulation, and company reputation.


It's important to understand that not all binary options trading platforms are created equal. Some binary options sites might have great payouts, while others might have faster withdrawals or bigger deposit bonuses. Picking a trading broker often comes down to what's most important to you.


Below you will find our rankings of the top binary options trading brokers of 2020.


Top 8 best binary options brokers of 2020



  1. Pocket option - best for USA traders

  2. Binarycent - best for copy trading

  3. Raceoption - best bonuses

  4. IQ option - best trading platform

  5. Binary.Com - best for beginners

  6. Expertoption - best for social trading

  7. Olymp trade - best for traders from india

  8. Binomo - best for trading tournaments


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.




Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.



Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Review of the top binary option sites and companies


1) pocket option


pocketoption


Pocket option is a binary options brokerage that provides online trading of more than 100 different underlying assets. Pocket option is one of the only sites that accept new traders from the united states and europe. Established in 2017, pocket option is based in the marshall islands and is licensed by the IFMRRC (international financial market relations regulation center).


Pocket option has great terms and conditions for its traders including no commission on deposits and withdrawals, over 100+ payment methods, indicators and signals, social trading, bonuses, high returns, and more. Pocket option provides bonuses of up to 100% when you open an account, which is among the best in the industry.


If you're looking for a binary broker that caters to customers around the world, including USA and europe, then pocket option is one of the best options available.



  • Maximum profit: 96%

  • Min. Deposit: $50

  • Min. Trade: $1

  • Assets: 100+ crypto, commodities, stocks, and currency pairs

  • Platform: web, android, ios, and windows


2) binarycent


binarycent


Binarycent is a binary option site that offers forex trading, cfds, and options with payouts up to 95%. Binarycent was established in 2017 and is owned by a company called cent project LTD, which is a subsidairy of the finance group corp. This company is located in vanuatu and accepts international traders including the united states, canada, australia, and the UK. Binarycent is regulated by the VFSC (vanuatu financial services commission).


The biggest advantages of using binarycent include minimum trades of just 10 cents, leverage up to 1:100, and copy trading. Copy trading allows you to follow the most successful traders on the platform and to see their live trades in real-time. By copying other profitable users, you can increase your chances of success.



  • Minimum deposit: $250

  • Minimum trade: $0.10

  • Assets: cfds, forex, and options

  • USA friendly: yes



3) raceoption


raceoption


Raceoption is a binary options broker that is based in the UK and established in 2014. Raceoption processes more than 10,000 trades per day and is one of the only companies that allow clients from the united states, canada, and australia. Raceoption has no restrictions on what country you're located in.


The biggest selling points to raceoption are 1-hour withdrawals, deposit bonuses up to 100%, and weekend trading. This trading platform is available in three versions: web, android, and iphone. They offer CFD trading, 60 seconds, one touch, live charts, and instant execution of trades.


Overall, raceoption is a reliable broker that offers attractive payouts up to 90% and a variety of funding options including credit card and cryptocurrencies such as ethereum and bitcoin. This platform is best suited for beginners that are looking for a simple interface that is easy to understand.



  • Minimum deposit: $250

  • Payouts: 90% max

  • Bonus: 20-100% deposit match

  • USA friendly: yes



4) IQ option



IQ option is a broker that is based in cyprus and regulated by the cysec (cyprus securities and exchange commission). Since 2013, IQ option has been one of the most successful online trading platforms with over 43 million registered users, over 1 million trades per day, and clients from over 213 countries.


IQ option has the best trading platform of all the brokers I've reviewed. They have over 250+ assets to trade including binary options, digital options, as well as cfds on stocks, crypto, commodities, and etfs. Their binary options pay up to 95% on successful trades, while their digital options offer return rates up to 900%


The IQ option platform is available on the web or through one of their trading apps (android, ios, mac, and windows). Free demo accounts are available with $10,000 in virtual money to practice with. Their platform comes with everything you'd want and expect including multi-chart layouts, financial indicators, technical analysis, and real-time alerts. They also have several risk management features including stop loss, take profit, negative balance protection, and trailing stop.


If you're looking for the best binary trading platform, IQ option should be near the top of your list.



  • Minimum deposit: $10

  • Max payout: 95%

  • Min. Trade: $1



Note: this broker does not accept clients from the united states, canada, european economic area, japan, israel, australia, and puerto rico.


5) expertoption



Expertoption is a trusted broker that has been around since 2014, offering binary options on over 100+ assets including stocks, cryptocurrency, forex, and commodities. Expertoption is located in saint vincent and the grenadines and is regulated by the VFSC (vanuatu financial services commission) and FMRRC (financial market relations regulation center). This broker serves clients from over 150 countries and has over 32,000,000 registered users on their platform.


Expertoption offers some of the best payouts on the market, with profits as high as 95%. Their platform is very easy to use for beginners and also has some features that even advanced traders will appreciate such as 4 different chart types, 8 indicators, and trend lines. Expertoption also offers social trading, which allows you to trade binary options with your friends or follow other VIP traders and see their active trades in real-time.


Expertoption offers over 20 different payment methods including E-wallets, credit cards, cryptocurrency, and bank transfer. This binary broker also offers a free demo without registration. Overall, if you're looking for a great payouts and a solid trading platform, expertoption is an option worth considering.



  • Min. Deposit: $10

  • Min. Trade: $1

  • Max profit: 95%



Note: this broker does not accept clients from the USA, canada, european economic area, switzerland, israel, new zealand, australia, puerto rico, singapore, bangladesh, vanuatu, yemen, and sudan.


6) olymp trade


olymp trade


Olymp trade is a cyprus-based broker that is regulated by the international financial commission. This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues. Olymp trade has been a part of the options market since 2014 and has consistently improved their platform over the years. As of 2020, there are over 25,000 users trading with olymp trade every day.


Like most of the top brokers, olymp trade has a web-based platform and apps available for iphone and android. They have over 75 different underlying assets that you can trade with. Demo accounts are available if you'd like to test-drive the olymp trade platform. This broker has a variety of educational resources available to their clients including trading strategies, webinars, and more.


Note: olymp trade does not accept clients from european economic area, australia, canada, USA, japan, israel, new zealand, russia, spain, sweden, and switzerland.


7) binary.Com



Binary.Com is an online trading platform that offers binary options and CFD trading. Owned by a company called binary group LTD and founded in 1999, this broker is one of the oldest and most respected names in the binary options trading industry with over 1 million registered users worldwide.. Binary.Com has offices in channel islands, malta, saint vincent and the grenadines, malaysia, british virgin islands, and vanuatu. Binary.Com is regulated by vanuatu financial services commission, british virgin islands financial services commission, malta financial services authority, and labuan financial services authority.


Binary.Com has several different trading platforms that you can use including:



  • Deriv - A perfect solution for beginners with an easy-to-use platform that is rich with features.

  • Smarttrader - trade in the world's financial markets with a simple and user-friendly online platform.

  • Tick trade android app - ultra fast trading on-the-go.

  • Metatrader 5 - an advanced multi-asset trading software that includes forex, cfds, and binary options.

  • Binary webtrader - an advanced binary options trading interface to monitor the movements of your favorite markets at the same time.

  • Binary bot - automate your own trading strategies with a simple "drag and drop" bot creation tool.




List of the 11 best binary options brokers – review 2019


The choice of a good broker is undeniably one of the hardest steps to successfully trade as a beginner. My binary options broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.


Binary options is a financial instrument to trade worldwide assets with the possibility of a high return on investment. It is like betting on rising or falling markets. There are only 2 options, that is why it is called “binary”. You can win a high return of 75 – 95% in a selected time horizon or you lose the amount of your investment. It is so popular because it is a way to trade the markets very fast (5 minutes or less) and easy. I have to mention here you can trade it longterm too.


For more information about the financial product and how it works read the article: “how are binary options are working?”



The criteria of the binary option broker review 2019


If you looking for a good broker, you should following the next steps when you check the company. Sometimes traders get scammed by a bad and criminal broker. With this review and comparison, we try to prevent it. Furthermore, binary options are very risky. You only should invest money, which you can afford to lose. You can check the following criteria for finding the best company.


binary options broker review


Criteria for a good and reliable binary options broker:



  • The official physical address of the broker

  • Regulation or license

  • Free demo account

  • Experience in the markets

  • Good support and service

  • High asset profit and fast execution

  • User-friendly trading platform

  • A platform for mobile trading



Reliability of a broker and safety for traders


It is important to look at how long the broker has been on the market. I easy checked it on the homepage from the financial companies. A good broker provides you with all the information which you want to know. Some companies got an international regulation or license. Also, this is good for reliability. In addition to that, I checked the address of the brokers in this review. As a trader, you want to see clearly an official address of the company. At latest a trader should trust a broker. If you are not sure, just invest a less amount of money first and check the platform by yourself.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Official regulation and license are very important


High payout and asset return of investment for binary options


One of the most important point to consider is the asset profit. The average of the payout in this review is 75-95% for each binary options trade. There are differences between the brokers. Every trader wants to make a high profit in trading. If one broker got less asset profit like – 5%, this can be a huge restriction to you possible profits.


Moreover, every time the payout depends on the traded asset. Normally the broker provides the highest payout on the most traded asset. In addition, the payout can dependent on the expiration time too.


Which broker provides the highest profit?


Free and unlimited demo accounts are necessary for every trader


The broker should provide you with a free demo account. This is an account with virtual money. It is made to practice the financial product and to test the trading platform. You can trade binary options without any risk with this virtual money. It is completely free to use. Also, traders can develop new strategies or improve their trading skills. Advanced traders or beginners try to trade new assets for the best success with this account.


binary options broker review


Open your free demo account now.


On the other hand, sometimes the broker gives its traders trading tips for analysis or strategies. The demo account is perfect for practicing that new knowledge. Trading is very complex and often it is not easy to find the right way. This is the main reason for using a demo account. Most traders gain experience first before they invest real money. With own experience, it is possible to get a high profit with trading in the right direction.


How to open your real account


The opening of a real account should be as easy as the opening of a demo account. In most cases, it is very easy and fast. The broker requires some additional documents and data of the trader to proof their personality. Upload a picture/copy of your passport. Sometimes they require a utility bill. The broker will check the documents and verify your account in less than 24 hours. Important information: the broker only withdraws full verified accounts. (not every broker requires this documents)


What do you need:



  • Data: full name, address, birthday, phone number

  • Picture/copy of your passport

  • Sometimes picture/copy of a utility bill



Review of the binary options brokers support and service for traders


As a trader, you need good support and service. Most brokers are showing experience and knowledge in binary options. The binary options brokers in this review give you the best and fastest support. According to that, they give traders sometimes a good education with webinars, videos or strategies. For beginners, it is important to learn theoretically about binary options. It is a risky financial product.


You can learn the basics and advanced trading knowledge in webinars with experts. The most brokers first show you the basics like functions of candlesticks and the use of technical indicators. Usually, a trading platform offers more than 30 different indicators. Sometimes it is hard to find a good working strategy with them. In addition, they give you some advanced knowledge and information to rule the markets. Most brokers offer you a better education if your deposit is higher (see account types).


binary options broker review


Another option of service is account types. For big traders with high deposits and high trading volume, some brokers offer different account types. As a trader, you can get great advantages. They offer you higher yields, better support, bonus or a cashback program. This is a way to get more profit in trading. For example, the broker offers you a higher asset profit of 5%. That can be very helpful.


The companies in this review offer you:



  • Chat support

  • Telephone support

  • Email support

  • Education centers

  • Webinars, videos, strategies

  • Account types

  • Account managers



Diversity of assets and test of the binary options trading platform


I tested the trading platforms of the binary options broker review. In conclusion, they are very good and innovative. They give you a very good reaction rate which is important for short-term trading. You can use them for your computer or as an app for your mobile phone. In addition to that, they are very flexible and customizable. Use different indicators for the best strategies. As you see in the picture below I am using bollinger bands and the RSI. They are very popular.


First of all the trading dashboard is the most important point of the trading platform. You should be able to switch very fast between different expiry times and create new trades. Some strategies are designed to have multiple trades open at the same time. The brokers in my review provide you the fastest execution time. Secondly social trading very popular. In some trading platforms, you can copy the best traders of the broker and make an automatic profit. They show you transparently what they are trading and you can start copying them.


Another important point is the flexibility of the platform. An app should be available for mobile trading. On most platforms, you can customize the chart very easy. Thanks to the digitization, platforms are getting better and the brokers always try to improve them. Use free indicators and technical tools for your analysis. Moreover, you can use the newsfeed to trade exactly high volatility. Market news occurs every day – why not use them to make money?


Facts of the broker review:



  • Fast execution for your trades

  • Customizable

  • Use indicators and more

  • Apps for mobile phone

  • More than 50 different assets



binary options review


On the most trading platforms, you can trade binary options with forex, stocks, cryptos, and commodities. There is a big diversity of assets for you. The yields depend on the category of the asset. More often than not the most traded asset gives you the highest yield. You can easily see that on the platform.


Weekend trading (OTC) and cryptocurrencies (bitcoin and more)


Each broker in this list provides the service to trade on the weekend. The platforms are open 24/7. Weekend trading is allowed and advocated. On the weekend you can trade cryptocurrencies like bitcoin, ethereum, ripple and forex OTC charts. Cryptocurrencies are traded decentralized and the stock market is open 24/7 for them.


Especially attention should be paid to the OTC forex charts. Normally the stock exchanges are closed on the weekend but the international internal bank market is working. The volatility is much less than in the normal working days monday – friday.


The first steps for your binary options success:



  1. Learn the binary options basics. Information for trading binary is available at the broker platform or the internet. For questions, there are certain forums available.

  2. Develop a successful strategy. Most brokers will help you to find a way to trade successfully.

  3. Use the demo account. It is an account with virtual money. So you trade without risk the markets.


You should ask yourself these questions:



  • What do I want to achieve with the trading of binary options?

  • How much I want to invest?

  • Where, on which market I want to trade?

  • How do I react to losses?

  • What are the chances of winning?



Deposit and withdrawal by a binary options broker


Nowadays the deposit is easy like the withdrawal. Most brokers only need a small amount of money to open your real account and give you access to the market. Capitalize your account in few seconds with a credit card, bank wire, cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal systems are working very good too. Sometimes it is fully automatic. Most companies payout in less than 24 hours. In addition in a lot of cases, there are not any fees for you. Another important fact is brokers only withdrawal verified accounts. So get your account full verified with the right documents as mentioned before.


binary options broker review (2)


Bonus programs and conditions for traders


Bonuses are very popular in the section of binary options brokers. Most companies offer a deposit or a no-deposit bonus. There are a huge diversity of promotions for traders. Mostly the bonus depends on the deposit amount or you can choose it manually. For example, some brokers offer a bonus of more than 200%.


It is a good way to top up your trading account balance and earn more money. You can trade with more risk and grow faster your account, but you should not forget the bonus conditions. Every time there are requirements for the bonus. For example, you do a deposit of 5000$ to your broker and trade with sensible money management of 1% of the account balance per trade. That means you invest 50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and your account balance is 10.000$ now. At the moment you can trade with sensible money management with an amount of 100$ per trade. That sounds good and you grow your account faster as without bonus.


The deposit bonus is a good way to increase your account balance and to trader with more risk.


As mentioned before there are conditions of the bonus. Simply there is the requirement of turnover of the bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have to do a turnover x50. It is important to read the bonus requirements. If you got any questions, you can ask the support. In most cases, you will see the requirements transparent on the platform.



  • Deposit bonus: get additional money to your account balance.

  • No deposit bonus: you will get a small amount of money for free, but you have to do a huge turnover before you can payout the profit.



Welcome bonus for beginners


The no deposit bonus is named welcome bonus. There are different ways to get a welcome bonus. One way is to win a free demo contest (read more below) without any risk. You compete to other traders on the platform. The rules are easy to understand: just try to get the highest account balance versus your competitors. If you win, the broker pays a high prize. It is like a welcome bonus because you do not invest real money.


On the other hand, as mentioned before the no deposit bonus is like a welcome bonus. There are a few brokers who offer this bonus. Just create your real account and activate the welcome bonus. The company gifts you any amount of money to your account balance but you can not withdraw the money. You have to do a high turnover of the welcome bonus like 30x or 40x. Recommend broker for a welcome bonus is pocket option.


Binary options tournaments


In addition, most brokers offer tournaments or demo contests for beginners and advanced traders. You must pay a fee to participate in a contest with a huge prize fund. The rules are very simple: you get a separated demo account where you have to get the biggest balance as possible. You will compete against other traders of the broker. Sometimes there is a prize fund of 100.000$ or more. Furthermore, it is not easy to win the contest because there are a lot of competitors.


The demo contest is a tournament without participation fee. That meant that the prize fund is much smaller than the paid tournaments. But it is a good way to earn money with a small amount of money (participation fee). If you are a successful trader, you can easily win these contests.


binary options review


Countries for traders


Binary options are not allowed in every country of the world. In addition, some countries forbid trades to use foreign brokers. Most brokers accept international traders, but there are restrictions for forbidden countries. You can not generalize it because the broker decides which customer he accepts.


Nowadays binary options become more and more popular for traders. It is a simple and efficient financial product. It is possible to generate a high payout in a short time horizon. Asian and africa are growing very fast and people like the function of trading. The brokers in this review try to improve their service in this region of the world because the demand is very high. They improve their customer support with different languages and other services.


The fastest growing countries:



  • India

  • Asian

  • Thailand

  • Ghana

  • Philippines

  • Indonesia

  • Malaysia

  • Nigeria



Are binary options legal?


Sometimes there are some restrictions to this financial product that depends on a particular country. Personally, I only know one area where binary options are forbidden. It is the european union but some offshore and international brokers accept EU traders. It is like gambling on rising or falling markets and easy to understand. The EU tries to protect its citizens because there are a lot of scam brokers. To prevent a scam, use the best brokers of this review.


Find the best binary options broker 2019 – conclusion of my review


On this site, I showed you the idea of finding a reliable binary options broker. In the list, you see the best companies in 2019. For successful trading a good broker is necessary. The company should allow you your own strategy of trading and give you good support and service. On most platforms, you can learn via education videos how binary options are working.


binary options brokers review


Also important is the execution of your trades. It should be very fast and with no delay. Usually, every broker does that. Nowadays as a trader, you can start with a small amount of money to trade binary options (10$ or less). It is possible to turn it in a high amount with the right strategy. In conclusion on this site, you can find the best and proofed binay options brokers 2019.


Read more about them in my reviews:



  1. IQ option

  2. Olymp trade

  3. Expertoption

  4. Binary.Com

  5. Binomo

  6. Finmax

  7. Binarycent

  8. Binarium

  9. Pocket option

  10. Raceoption

  11. Ayrex



I recommend this article if you can not choose between the most known brokers: “IQ option vs. Olymp trade vs. Binomo”



Binary options brokers rating


Overall rating of binary options brokers


Here you will always find the current list of binary option brokers, you will be able to find out their rating for the current time. Use the sorting feature and find the broker you need in a few clicks. Information will be updated depending on changes in the order of conducting trade operations, policies and other factors that will have a direct impact on the system of ranking of trading platforms. The “proven broker” label has those trading platforms that have been tested by us on the withdrawal factor of the earnings received. This table presents a summary of all brokers collected on our website. You can read our review or register and start the trading process.


#brokermin. Depositmin. Pricemax. Profit *sitereview
1 10 $1 $91%start tradingread review
2 50 $1 $95%start tradingread review
3 250 $5 $90%start tradingread review
4 10 $1 $87%start tradingread review
5 10 $1 $90%start tradingread review
6 10 $1 $90%start tradingread review
7 5 $1 $91%start tradingread review
8 5 $1 $93%start tradingread review
9 250 $25 $85%start tradingread review
10 10 $1 $85%start tradingread review
11 1 $1 $97%start tradingread review
12 250 $0.1 $90%start tradingread review
13 $ $ start tradingread review
14 200 $1 $90%start tradingread review
15 250 $5 $83%start tradingread review
16 50 $10 $100%start tradingread review
17 10 $1 $94%start tradingread review
18 100 $5 $80%start tradingread review
19 50 $5 $88%start tradingread review
20 500 $ $ start tradingread review
21 10 $1 $90%start tradingread review
22 1 $1 $100%start tradingread review
23 $ $ start tradingread review
24 2000 $0.1 $ start tradingread review
25 250 $0.1 $80%start tradingread review
26 1000 $50 $87%start tradingread review
27 10 $1 $87%start tradingread review
28 100 $0.01 $87%start tradingread review
29 300 $ $85%start tradingread review
30 10000 $0.01 $87%start tradingread review
31 250 $5 $90%start tradingread review
32 1 $0.01 $85%start tradingread review
33 250 $1 $80%start tradingread review
34 50 $1 $90%start tradingread review
35 50 $1 $83%start tradingread review
36 10 $1 $90%start tradingread review
37 1000 $0.01 $81%start tradingread review
38 100 $5 $81%start tradingread review
39 100 $5 $85%start tradingread review
40 2000 $1 $81%start tradingread review
41 250 $1 $90%start tradingread review
42 100 $1 $88%start tradingread review
43 250 $10 $80%start tradingread review
44 250 $10 $90%start tradingread review
45 $1 $83%start tradingread review
46 25 $5 $80%start tradingread review
47 5 $1 $85%start tradingread review
48 150 $2 $80%start tradingread review
49 250 $20 $85%start tradingread review
50 500 $0.01 $90%start tradingread review
51 250 $ $90%start tradingread review
52 $ $95%start tradingread review
53 5 $1 $80%start tradingread review
54 10 $0.20 $97%start tradingread review
55 10 $1 $90%start tradingread review
56 0.07 $0.7 $92%start tradingread review
general risk warning: your capital might be at risk

Start with a simple one – from a list that contains a comparison of the factors that will help you choose a trading broker to open an account! We chose, in our opinion, the most significant, namely: a minimum deposit, a minimum cost and a refund.


The minimum deposit. If you want to try your hand at binary options for the first time, then the minimum deposit requirements should interest you. For traders who want to try binary options, the low minimum deposit offered by the broker is always better. After all, a small initial deposit is, first of all, low risks. Of course, all brokers have their own requirements for trading, which can be significantly different. For some traders, this may not be a very important factor in finding a better broker, but for others it will be very important.


The minimum cost. As with the minimum deposit, this factor is important for all those who make the first steps in binary trading. Everyone should clearly understand their capabilities and then what risk he gives. After all, the minimum cost is, directly, the minimum at which the trader is allowed to make a deal. And if you are a beginner, then it’s worth paying attention to brokers with the lowest value, the benefit of those on our list is very much.


Return. Remember that this particular element is not always a simple parameter for comparing brokers. Payments can vary depending on the asset and expiration time of the option, as well as on how the chosen broker manages its own risk. However, exchange and OTC brokers have different payments, and therefore they are difficult to compare. The best way is to try!


Choose a broker and trade, learning in the process, the benefit of almost every one of them offers a demo account. It is clear that finding the best broker right away is not always easy, but it’s worth noting that you can always move between brokers every time something does not appeal to you. And remember that even if the account is empty you can always find new trading platforms or even move to another account, because a trader can have several accounts with the best conditions for a particular trade.


Autotrading is ideal for those who have not traded binary options for years, as well as those who first plunged into the world of trading. Trading binary options is, first of all, the dynamic plane of the world of trading, in which every day changes occur, whether it is the development of new technologies or new innovative opportunities. All this is done for the benefit of improving trading and meeting its participants. As a result, a seemingly simple trading process suffered numerous modifications. Autotrading is a vivid example of these changes, which is an excellent way to simplify the trading of binary options.



List of the best binary options brokers


To be able to make significant profits by trading binary options, choosing the right binary options broker is essential. After all, what's the point of trading with a binary options broker if you cannot withdraw your profits on time? It is for this reason alone that trading with only the top binary options brokers will ensure your success in the long run. There are tons of binary options brokers available now-a-days and for the trader this can be confusing. There are also numerous instances when even the top binary options brokers have shut shop overnight for many different reasons.


As a trader, it is in your best interests to do a proper research into the best binary options brokers before you commit your funds to trading. A good place to start is by looking at the binary options brokers list. Most traders make the mistake of choosing a broker because of the bonuses that they offer and end up making the wrong choice among the top binary options brokers list. In many cases, traders start trading even without knowing what is binary options trading. It is not surprising why many binary options traders end up losing money.


So what is binary options trading all about?


Binary options trading are all about speculating on how price of an asset will move within a given period of time. For example if you think EURUSD will rise within the next 30 minutes, then you would purchase a CALL option with a 30-minute expiry. Similarly, if you think that EURUSD will fall within the next 10 minutes, you would purchase a 10-minute expiring PUT option. As you can see, binary options trading is all about speculating on how price will move and has nothing to do with how far price will move.


Instead of focusing on the marketing campaigns from the binary options brokers list, traders should focus on whether the business is legitimate or not. In recent times, even reputable and licensed brokers, ones that were widely claimed to be the best binary options brokers have gone bust for one reason or another.


While there is no way to guarantee that the binary options broker that you trade with will be in business for a long time, the best way to protect yourself against any scams is to commit small funds initially until you establish a good trust with the top binary options broker before you can think of trading big.



The best binary option trading platforms and brokers of 2020


In this guide, we're going to review the best binary option brokers to help you decide which trading platform is right for you. We've analyzed over 21 different binary brokers on a variety of factors including payouts, trading platform, deposit methods, features, regulation, and company reputation.


It's important to understand that not all binary options trading platforms are created equal. Some binary options sites might have great payouts, while others might have faster withdrawals or bigger deposit bonuses. Picking a trading broker often comes down to what's most important to you.


Below you will find our rankings of the top binary options trading brokers of 2020.


Top 8 best binary options brokers of 2020



  1. Pocket option - best for USA traders

  2. Binarycent - best for copy trading

  3. Raceoption - best bonuses

  4. IQ option - best trading platform

  5. Binary.Com - best for beginners

  6. Expertoption - best for social trading

  7. Olymp trade - best for traders from india

  8. Binomo - best for trading tournaments


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.




Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.



Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Binary Options Brokers and Platforms; Reviews and Comparison, list of binary brokers.


Review of the top binary option sites and companies


1) pocket option


pocketoption


Pocket option is a binary options brokerage that provides online trading of more than 100 different underlying assets. Pocket option is one of the only sites that accept new traders from the united states and europe. Established in 2017, pocket option is based in the marshall islands and is licensed by the IFMRRC (international financial market relations regulation center).


Pocket option has great terms and conditions for its traders including no commission on deposits and withdrawals, over 100+ payment methods, indicators and signals, social trading, bonuses, high returns, and more. Pocket option provides bonuses of up to 100% when you open an account, which is among the best in the industry.


If you're looking for a binary broker that caters to customers around the world, including USA and europe, then pocket option is one of the best options available.



  • Maximum profit: 96%

  • Min. Deposit: $50

  • Min. Trade: $1

  • Assets: 100+ crypto, commodities, stocks, and currency pairs

  • Platform: web, android, ios, and windows


2) binarycent


binarycent


Binarycent is a binary option site that offers forex trading, cfds, and options with payouts up to 95%. Binarycent was established in 2017 and is owned by a company called cent project LTD, which is a subsidairy of the finance group corp. This company is located in vanuatu and accepts international traders including the united states, canada, australia, and the UK. Binarycent is regulated by the VFSC (vanuatu financial services commission).


The biggest advantages of using binarycent include minimum trades of just 10 cents, leverage up to 1:100, and copy trading. Copy trading allows you to follow the most successful traders on the platform and to see their live trades in real-time. By copying other profitable users, you can increase your chances of success.



  • Minimum deposit: $250

  • Minimum trade: $0.10

  • Assets: cfds, forex, and options

  • USA friendly: yes



3) raceoption


raceoption


Raceoption is a binary options broker that is based in the UK and established in 2014. Raceoption processes more than 10,000 trades per day and is one of the only companies that allow clients from the united states, canada, and australia. Raceoption has no restrictions on what country you're located in.


The biggest selling points to raceoption are 1-hour withdrawals, deposit bonuses up to 100%, and weekend trading. This trading platform is available in three versions: web, android, and iphone. They offer CFD trading, 60 seconds, one touch, live charts, and instant execution of trades.


Overall, raceoption is a reliable broker that offers attractive payouts up to 90% and a variety of funding options including credit card and cryptocurrencies such as ethereum and bitcoin. This platform is best suited for beginners that are looking for a simple interface that is easy to understand.



  • Minimum deposit: $250

  • Payouts: 90% max

  • Bonus: 20-100% deposit match

  • USA friendly: yes



4) IQ option



IQ option is a broker that is based in cyprus and regulated by the cysec (cyprus securities and exchange commission). Since 2013, IQ option has been one of the most successful online trading platforms with over 43 million registered users, over 1 million trades per day, and clients from over 213 countries.


IQ option has the best trading platform of all the brokers I've reviewed. They have over 250+ assets to trade including binary options, digital options, as well as cfds on stocks, crypto, commodities, and etfs. Their binary options pay up to 95% on successful trades, while their digital options offer return rates up to 900%


The IQ option platform is available on the web or through one of their trading apps (android, ios, mac, and windows). Free demo accounts are available with $10,000 in virtual money to practice with. Their platform comes with everything you'd want and expect including multi-chart layouts, financial indicators, technical analysis, and real-time alerts. They also have several risk management features including stop loss, take profit, negative balance protection, and trailing stop.


If you're looking for the best binary trading platform, IQ option should be near the top of your list.



  • Minimum deposit: $10

  • Max payout: 95%

  • Min. Trade: $1



Note: this broker does not accept clients from the united states, canada, european economic area, japan, israel, australia, and puerto rico.


5) expertoption



Expertoption is a trusted broker that has been around since 2014, offering binary options on over 100+ assets including stocks, cryptocurrency, forex, and commodities. Expertoption is located in saint vincent and the grenadines and is regulated by the VFSC (vanuatu financial services commission) and FMRRC (financial market relations regulation center). This broker serves clients from over 150 countries and has over 32,000,000 registered users on their platform.


Expertoption offers some of the best payouts on the market, with profits as high as 95%. Their platform is very easy to use for beginners and also has some features that even advanced traders will appreciate such as 4 different chart types, 8 indicators, and trend lines. Expertoption also offers social trading, which allows you to trade binary options with your friends or follow other VIP traders and see their active trades in real-time.


Expertoption offers over 20 different payment methods including E-wallets, credit cards, cryptocurrency, and bank transfer. This binary broker also offers a free demo without registration. Overall, if you're looking for a great payouts and a solid trading platform, expertoption is an option worth considering.



  • Min. Deposit: $10

  • Min. Trade: $1

  • Max profit: 95%



Note: this broker does not accept clients from the USA, canada, european economic area, switzerland, israel, new zealand, australia, puerto rico, singapore, bangladesh, vanuatu, yemen, and sudan.


6) olymp trade


olymp trade


Olymp trade is a cyprus-based broker that is regulated by the international financial commission. This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues. Olymp trade has been a part of the options market since 2014 and has consistently improved their platform over the years. As of 2020, there are over 25,000 users trading with olymp trade every day.


Like most of the top brokers, olymp trade has a web-based platform and apps available for iphone and android. They have over 75 different underlying assets that you can trade with. Demo accounts are available if you'd like to test-drive the olymp trade platform. This broker has a variety of educational resources available to their clients including trading strategies, webinars, and more.


Note: olymp trade does not accept clients from european economic area, australia, canada, USA, japan, israel, new zealand, russia, spain, sweden, and switzerland.


7) binary.Com



Binary.Com is an online trading platform that offers binary options and CFD trading. Owned by a company called binary group LTD and founded in 1999, this broker is one of the oldest and most respected names in the binary options trading industry with over 1 million registered users worldwide.. Binary.Com has offices in channel islands, malta, saint vincent and the grenadines, malaysia, british virgin islands, and vanuatu. Binary.Com is regulated by vanuatu financial services commission, british virgin islands financial services commission, malta financial services authority, and labuan financial services authority.


Binary.Com has several different trading platforms that you can use including:



  • Deriv - A perfect solution for beginners with an easy-to-use platform that is rich with features.

  • Smarttrader - trade in the world's financial markets with a simple and user-friendly online platform.

  • Tick trade android app - ultra fast trading on-the-go.

  • Metatrader 5 - an advanced multi-asset trading software that includes forex, cfds, and binary options.

  • Binary webtrader - an advanced binary options trading interface to monitor the movements of your favorite markets at the same time.

  • Binary bot - automate your own trading strategies with a simple "drag and drop" bot creation tool.






So, let's see, what was the most valuable thing of this article: reviews of the best binary options brokers and trading platforms. List of binary broker sites with payout, minimum deposit, regulation and bonus comparison. At list of binary brokers

Contents of the article




No comments:

Post a Comment