The Top Binary Options Brokers Compared. Binary options brokers offer digital contracts that can purchased and used to speculate on the outcome of price movements on a wide range of different financial assets, including Stocks, Indices, Commodities and Forex. The binary brokers comparison table below contains a list of what we think are some of the best binary options brokers around. Each company included in our list has been traded on a real live account. This has allowed us to test the various features and support they offer. We only recommended recognized brokers that show a proven track record of performance. You can pick from our list and be confident that you have a good broker for the future. Step By Step Guide to Finding the Best Binary Option Broker. A key task for traders is to find a top binary options broker to trade with. You need a broker that offers the facilities you need, top payouts and one that is trustworthy. When choosing a broker there are a number of points that you need to consider. Our step by step guide to choosing the best binary options brokers details the key points that you need to factor into your decision. Our comparison table lists what we feel are some of the top names in the industry. You will find links to more detailed reviews in the table above.
Registration is entirely free and is a good way to find out more about each company. You will be able to take a look around the trading platform, check out any offers and see how the broker operates. You don’t have to make a deposit until you are ready. 1. Regulated Binary Options Brokers. Firstly let’s make a statement – it is imperative that you only ever trade with a regulated broker! Regulation provides a level of financial protection to both your trading activities and your capital. It ensures brokers operate according to a set of standards set out by the regulator for dealing with trading clients. It also ensures that brokers financial activities are properly audited. Importantly your trading capital is put aside in a segregated account. This means that in the event that the broker suffers financial difficulties, your money can be returned to you. As additional protection traders are also likely covered by the regulators own compensation scheme. The result is that there should be little worry of not seeing your money again. Validating that a broker is regulated will help you to avoid many binary options broker scams.
Some key regulators to look for include – If you are unsure of the regulatory status of a broker then be sure to check on the financial regulators website. Binary contacts are essentially a wager with the broker and do not require a direct investment in the underlying market. This allows brokers to offer a range of contracts on wide variety of assets. From a single account you will have the opportunity to trade key markets from four popular financial asset classes Indices, Forex, Commodities and Stocks. Popular assets found across broker platforms include the DOW JONES, S&P 500, Nikkei, FTSE, EURUSD, USDJPY and Gold. Global stocks are also well represented. Companies such as Google, Amazon, BMW, Nike, HSBC and Tata are just some of the big names that you can trade. Brokers approach things differently when it comes to the account types they offer. Some prefer the ‘one account’ suits all approach and offer the same facilities and trading conditions to all their clients, regardless of the amount held on deposit. Alternatively, others offer different levels of account.
These are most commonly defined by the minimum deposit requirement that is needed to open and trade on the account. Accounts often follow the below format: Standard – Low minimum deposit , bonus, free trading analysis Enhanced – Medium deposit required, bigger bonus, free trading analysis VIP – Higher deposit required, top bonus, high returns on contracts, access to personalised trading advice. The actual benefits and features of each account level will vary according to the broker and promotion. The key point to take away is that the higher the level of account you open, the more benefits you will receive. 4. Minimum Deposit Requirements. A low opening deposit is a great attraction when it comes to opening an account. Opening an account with a binary options broker could not be simpler and you don’t lead large amounts of money to do so. A typical deposit of $200 (or equivalent) is enough to get you up and running with most brokers. Some binary options brokers with low minimum deposit levels allow you to get started with even lowers amounts. In some cases $100 or even just $25. There is however a caveat to starting out with such small amounts. Having sufficient capital to trade will allow you to balance your strategies and properly balance your risk.
With this in mind, while low deposit brokers are a good way to get started, you should expect to deposit more funds as you get serious with your trading. Following on from the last point, if you don’t have a large amount of capital to get started with then seeking out a deposit bonus may prove a good choice. While bonuses can be somewhat contentious there is nothing particularly wrong with them provided you know how they work. Typically first deposit bonuses offered by brokers will give you a percentage bonus based on the sum deposited. So for example if you deposit $200 a 20% bonus will give you another $40 to trade with ($240 total account balance). The level of bonus that you will be awarded will depend upon both the broker and the promotion being run. Therefore it pays to check current offers if you are thinking of opening an account. Most bonuses payments stipulate that you will need to trade a certain number of ‘round trip’ of funds in your account before the bonus can be withdrawn. Often these limits are quite high (10 to 30+ times the value of the bonus) so you need to make sure you are happy with any attached conditions. As with any agreement you should be sure to read and accept the terms and conditions before signing up. The trading platform is your central tool for buying and selling contracts. It needs to work well and provide the features that you need for efficient and profitable trading. While there are a huge amount of brokers to choose from, many make use of white labelled trading platforms from popular solutions providers such as SpotOption, Tech Financials and Tradologic.
As a result of this extensive use of white labels you will often find a great deal of commonality among platforms. Even among different providers the range of contracts and assets that you can trade will be broadly similar. One area where brokers do differ is when it comes to mobile trading. Some offer dedicated trading apps apps designed specifically for iPhone or Android devices. These vary in quality so it is worth checking them out if you want to trade from a StartPhone or Table device. Demo accounts offer a great way to try out strategies without risking your funds. They are somewhat difficult to come by from most brokers however. With a demo account you simulate your trading and try out strategies without risking your trading capital Instead you make use of virtual capital which you can use to wager and monitor your trading performance. Most binary options brokers will only offer demo accounts to existing traders, rather than provide them to prospective clients. They can still however prove very useful if you are disciplined enough to validate your trading strategies first before trading on your live account.
Due to the fixed outcomes of binary options contracts, the return that you get on each contract is important. This higher the payout, the more you make. While the market place is competitive, you will find differences in the returns offered between brokers. For this reason it can pay dividends to have more than one account so that you can compare returns on contracts and take the one with the highest return. High returns also mean that you can profitable with a lower ‘strike rate’. This is important for fixed odds traders due to the fixed return outcome. It is useful to compare binary options brokers to find the best level of support. After all, you never know when you are going to need to contact on your broker to sort something out. Most brokers offer a wide range of support options, making it easy to get in contact with them if something goes wrong. Dedicated regional telephone numbers, email support and live chat are offered by most brokers so you can get in contact with someone when you need to. In addition to the support desk it makes sense to look for any materials that are offered to help you trade. Webinars, trading analysis and eBooks are provided by many brokers. All of these can prove to be great resources, particularly for new traders who are looking to take their first steps. While we aim to keep the information in this table as up to date as possible, we will not be held responsible for errors or omissions.
Both the level of service and trading conditions offered in this industry are constantly changing. Please ensure you check with you binary options broker for any specific services that you need prior to opening your account. This table is frequently updated to represent what we feel offers a selection of the best regulated Binary Options Brokers reviews of 2016. About. Trading on the financial markets with Binary Options has significant risk. You could end up losing all of your deposited capital. Before trading you should thoroughly familiarize yourself with and accept the risks involved. If you are unsure as to whether this form of trading meets with your objectives then please seek independent financial advice and refrain from acting on any information on this website. Please read our Risk Disclaimer for more information. Binary Brokers Reviews and Platforms List. We have compared the best regulated binary options brokers and platforms 2017 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 comparison list below shows which trading sites came out on top based on different criteria. You can sort the list using payout, 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. How to Compare Brokers and Platforms. In order to trade binary options, you need to engage the services of a binary options broker. 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 frequently asked questions, and have noted that these are important factors when traders are comparing different brokers: What is the Minimum Deposit? Are they regulated and with what regulator? Where can I open a Demo Account? Is there a signals service, and is it free? Can I trade on my mobile phone and is there an app?
Is there a Bonus available for new trader accounts? What are the Terms and. conditions ? Who has the best binary trading platform? Which broker has the best asset lists? Which broker has the largest range of expiry times (30, 60 second, end of day, long term? How much is the minimum trade? What types of options are available? (Touch, Ladder, Boundary, Pairs etc) Additional Tools – Like Early closure, or Metatrader 4 (Mt4) plugin or integration. We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review. Regulated Binary Brokers. Regulation 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.
Leading regulatory bodies include: – The Cyprus Securities and Exchange Commission (Cyprus and the EU) – Financial Conduct Authority (UK) CFTC – Commodity Futures Trading Commission (US) FSB – Financial Services Board (South Africa) 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. 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. 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. Binary options demo accounts are the best way to try both binary options trading, and specific brokers, 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 is also possible that it is useful to have accounts at more than 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. 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 too. These can vary greatly. 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. 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 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 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 in addition to binary options, deliver a more feature-rich trading platform.
So the likes of Nadex and ETX Capital, 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. How do Brokers Make Money? Binary options brokers make money via one of two business models: As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘Over the counter’ (OTC) 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 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. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Who Regulates Binary Brokers? There are a number of regulatory bodies that monitor binary options: – The Cyprus Securities and Exchange Commission MGA – Malta Gaming Authority – Financial Conduct Authority CFTC – Commodity Futures Trading Commission. In Europe, regulation can be used to ‘passport’ around Europe. So a regulated firm can operate in the UK, Germany or Spain for example. There are however, moves for domestic regulators in each each country to take greater control of their own affairs. Around the globe, regulation is normally organised within the specific country, so CFTC in the US or the FSB (Financial Service Board) in South Africa for example.
This offers consumers the best level of protection. Regulators are now taking a much harder line on binary options firms that break financial rules or operate dishonest schemes. The landscape will change quickly over the coming months, and the industry will be treated in a similar fashion to other investments. 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, 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 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. 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. If you are looking for brokers that support a specific payment method: 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. How To Compare Binary Option Brokers. We will be discussing the key features that a binary options trader needs to analyze when they compare binary options brokers. Licensed or Unlicensed Trading Platform Minimum Deposit Bonus Offers & Special Offers Special Features. Licensed vs. Unlicensed. Brokers are either licensed or not. Most licensed brokers have received a license from and have registered with various EU financial regulators. Some licensed brokers will also have a license from ASIC (Australia) or FSBR (New Zealand) or South Africa. All licensed binary option brokers do not accept traders from the United States. In the USA, the SEC regulated brokers are CantorExchange and Nadex. For traders outside of the United States, there is really no good reason to trade with an unlicensed broker. See Regulated Brokers Here.
If you ever noticed that many binary option brokers look like the same company, that is because they are using one of four trading platforms. Have a look at 24Option & Boss Capital. Both are using the TechFinancials platform, but they are owned by different companies. One is a licensed broker, the other is not. The difference between brokers using the same platform, is the returns they offer. With some brokers the return on EURUSD binary options is 70%, with other brokers the returns are 85%. The typical binary options broker requires an initial deposit of $250 to open an account. Some brokers have different account types for beginner, intermediate or advanced traders. Compare what the broker offers a beginner trader. Traders should also compare which platform they like better. Traders usually seek out a broker with a low minimum so they can play around with the platform and compare it to the other platforms and brokers out there. Some brokers will try to get new traders to make a larger deposit but saying they can only give signals with a $1,000 deposit. That is usually a red flag. Now that we see how hard it is to compare two brokers who are using the same trading platform, how can we compare brokers. There are a few brokers who actually offer something unique to their traders.
Which Broker Should a Trader Choose? That is a tough decision! Sorry, comments are closed for this post. Most Popular Articles. Best Forex Brokers Today! Automated Trading Software. Do NOT Use a Fake Broker. Complaints About Brokers. Identify The Difference Between Scam Investments and Licensed and Regulated Brokers. Disclosure: The website does not offer investment advice. The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. Investing in Forex, CFD’s and Binary Options is extremely risky, make sure to first consult with a licensed financial advisor.
Compare Binary Option Brokers. The correct way to compare binary option brokers works like this. There are 4 questions every trader should ask a broker before they start trading. Does the broker have a license? There are over 200 binary option brokers worldwide, however only 20 brokers actually have a license. See licensed brokers here. Trading with unlicensed brokers many times leads to complaints about withdrawal problems and other unethical behavior. If you received an email about an auto trading signal software, and they recommend an unlicensed broker, you are better off comparing two legitimate brokers that are licensed and provide signals to traders, see here. Traders in the United States will not be able to find a licensed broker with the exception of Nadex. This has not stopped traders in America from trading with off shore brokers, however many of these offshore brokers are linked directly to auto trading robots which will lose your money. Does the broker offer trading signals? Trading signals are very hot nowadays, due to the creation of auto trading robots. Most brokers provide their clients with trading signals. The worst trading signals are the ones that an analyst or broker tells clients over the phone.
The most successful traders create their own method for finding trade ideas, read more here. Traders should read about the various trading signals available here. What are the returns offered? Brokers love to boast returns of 400%, but in reality, most traders trading binary options will trade options on a currency and the returns range from 70% – 90% depending on the broker. When comparing brokers, it is important to make an apples to apples comparison. Choose what you are going to be trading, and then choose the time frame. This issue is discussed in more detail on our complaints page. When comparing brokers, there is a simple test that a trader can do. The trader should pick up the phone and call the broker. Many times when dealing with a scam broker, the phone number will not work! That is how you know the broker is a bad broker. If you get through to the broker, ask them how you can make a withdrawal and see what they say. So Which Broker Should a Trader Use? Every trader has their own requirements for a broker, but the first place to start is with the top rated brokers, see here. Compare Binary Option Brokers.
The correct way to compare binary option brokers works like this. There are 4 questions every trader should ask a broker before they start trading. Does the broker have a license? There are over 200 binary option brokers worldwide, however only 20 brokers actually have a license. See licensed brokers here. Trading with unlicensed brokers many times leads to complaints about withdrawal problems and other unethical behavior. If you received an email about an auto trading signal software, and they recommend an unlicensed broker, you are better off comparing two legitimate brokers that are licensed and provide signals to traders, see here. Traders in the United States will not be able to find a licensed broker with the exception of Nadex. This has not stopped traders in America from trading with off shore brokers, however many of these offshore brokers are linked directly to auto trading robots which will lose your money. Does the broker offer trading signals? Trading signals are very hot nowadays, due to the creation of auto trading robots. Most brokers provide their clients with trading signals.
The worst trading signals are the ones that an analyst or broker tells clients over the phone. The most successful traders create their own method for finding trade ideas, read more here. Traders should read about the various trading signals available here. What are the returns offered? Brokers love to boast returns of 400%, but in reality, most traders trading binary options will trade options on a currency and the returns range from 70% – 90% depending on the broker. When comparing brokers, it is important to make an apples to apples comparison. Choose what you are going to be trading, and then choose the time frame. This issue is discussed in more detail on our complaints page. When comparing brokers, there is a simple test that a trader can do. The trader should pick up the phone and call the broker. Many times when dealing with a scam broker, the phone number will not work! That is how you know the broker is a bad broker. If you get through to the broker, ask them how you can make a withdrawal and see what they say. So Which Broker Should a Trader Use?
Every trader has their own requirements for a broker, but the first place to start is with the top rated brokers, see here. Forex Investing Scams. Automated Trading Software. Best Forex Brokers. Exposé: How Brokers Steal Money. Getting Your Money Back. Best Automated Trading Software. Best Forex Brokers. Exposé: How Brokers Steal Money. Smart Investors Use Licensed Brokers.
Complaints About Online Brokers. Popular Broker Reviews. CM Trading Review. Pepperstone Review. TradeFred Review. Watch 15 Second Video! Copyright © 2013 - 2017 Scam Broker - Information about Investing Scams and Reviews of Over 300 Forex, Crypto and Binary Options Brokers. Disclosure: The website does not offer investment advice. The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. Investing in Forex, CFD’s and Binary Options is extremely risky, make sure to first consult with a licensed financial advisor. Comparison of binary options brokers. The guarantee of Bonusbinaryoptions.
net. Registering with the broker through this website allows you to benefit from the bonusoptionsbinaires. net guarantee. Our team is thus committed to helping you resolve any possible conflict with the online broker. If you encounter a problem with the broker, please contact us via the "contact" section. We are committed to providing you with a response within 24 hours. All the disputes that we have handled have reached a solution! Technical comparison of binary option brokers. Binary option: compare social brokerage firms. Why compare binary options brokers? Comparing the different brokers in binary option is essential to finding the broker that best suits your needs. In fact, each broker has hisher own criteria, all of which will not perfectly meet your needs. This is why the bonusbinaryoptions.
net team has established a comprehensive comparison that allows you to highlight the brokers who best fit your needs. One of the first criteria to take into account depends on the size of your wallet and the amount of capital that you wish to invest. Thus, the minimum deposit and minimum position size can serve as the first criterion to eliminate brokers who do not match your requirements . The size of the welcome bonus can also apply to the balance. This latter will inflate your starting balance and allow you to take advantage of a higher balance to start your trading transactions and attempt to achieve gains. The comparison of the technical criteria can also define the brokerage firm to which you will turn. In fact, if you wish to trade using a type of preference option (in one touch for example) or trade a particular index (such as oil or the Dow Jones index, for example), not all brokers will meet such criteria. Finally, information directly related to companies, such as the year of establishment, or the location of their headquarters can also help you choose your binary options broker thanks to the comparison . We will analyse the various criteria which are compared in the three tables above. Comparison of the best brokers: The used criteria. The principle criteria of the brokers. The criteria that we deem basic to define the differences between the best brokers are the following: – The minimum deposit : it is the minimum amount to deposit in order to open a real account with the broker.
– The maximum gain : the maximum gain is the percentage yield (%) – or the return on investment – in a gain position. The higher the %, the better is the yield during a gain. For example: If you invest € 100 in a position that closes with a maximum gain of 90%, you will then achieve a profit of € 90. The broker therefore pays you € 190 following the closing of your position. – The return on a loss : the return on a loss is the percentage yield (%) of a losing position. The higher the return on a loss is, the less elevated the loss due to a losing position will be. For example: If you invest € 100 on a losing position that closes with a loss, the return on a loss is 15%, thus the broker will give you back € 15 despite your loss. So you have lost € 85 in the transaction. – The minimum position : the minimum position is the minimum amount to invest in order to open a binary option transaction. The lower the minimum position is, the more you can invest small amounts in your transactions. – The maximum position : the maximum position is the maximum amount that you can invest in a transaction. The higher the maximum position is, the more you can invest in a transaction. – The maximum bonus : this is the maximum bonus that the broker offers you during a real money deposit. Please note that bonusoptionsbinaires. net has negotiated for you the best bonuses and best conditions from all featured brokers. – The no deposit bonus : relatively rare, it is the real money bonus that a broker can offer you without it being necessary to make a real money deposit in advance.
– The demo account : relatively rare, it is the possibility to trade by means of a fictitious account using virtual money or not. – IPhone Application : more and more frequent, it is the possibility to trade binary options by means of an application on your phone or not. The technical criteria of brokers. The technical criteria may also help you select the broker that best suits your needs. – The number of Forex pairs : Forex (foreign exchange) is the market of the different currencies. A Forex pair is the currency parity such as the euro against the dollar (EUR USD). The more Forex pairs a broker has, the more you can stake on a wide range of currencies. – The number of shares : the equities are shares of a company listed on stock exchange which are subject to fluctuations (like Facebook or Apple, for example). The more shares a stock broker has, the more you can stake on a large number of companies. – The number of indices : stock market indices are indicators that combine the assets of several companies. For example, one can cite the CAC40 (comprising the 40 largest French companies) or the Dow Jones (comprising the 30 largest companies in the United States of America). The more indices the broker offers, the more you can stake on a large number of international indices. – The number of raw materials : raw materials are the materials extracted from nature such as gold, silver, oil or wheat.
The comparison of raw materials can help you determine which broker best fits your needs. – The speed trading : this relates to whether or not to trade binary options for very short periods up to 60 seconds. – The type of options : several trading methods exist in binary option. The High Low (the most common), as well as the “one touch”, the “boundary” and the “in zone trading”. Comparing the proposed options methods can define the broker that best meets your needs. The social criteria of different brokerage firms. The comparison of different binary options brokers concludes with the comparison of their brokerage firms. – The headquarters defines the location of the parent company of the broker. – The year of establishment designates the longevity of the company and therefore its experience in the trading of binary option. – The methods of deposits and withdrawals are also criteria to observe depending on your preferred means to deposit and withdraw your funds. – Finally, the reviews and testimonies of traders on each broker can be very useful to help you make your choice. PS: If you see an error in the comparison table, please mention it in the comments section!
Thank you 😉 The reviews of traders in this comparison. Great list ! now after finding your best broker, its important to learn price movement, what does the candles telling you ? each time its a different story but the same pattern of predictable behave. I have read your report “Comparison of Binary Option Broker”. It is an excellent survey and I would like to thank you for this great work. I have recently joined one binary option broker and I have problem with this broker. I wish, I have seen this report prior to joining this broker. thanks for a informative comparision…….Any review on I option, RB options please… Thanks for your information & your comparison. But when I tried to open account at Banc de Binary as I wanted the benefit of demo account, I got email from them stating that they have stopped opening account from India. Is this correct. Thank you for the review. This is so helpful.
DO NOT JOIN MAYFAIR OPTIONS! THEY ARE CON MEN, LIARS AND THIEVES. Mayfair Options Binary Trading platform is a scam. They suck you in with promises of quick and simple returns. Beware because their whole aim is to get you to invest more and more on their site and then take it all. They feed you with lie after lie after lie, from junior brokers, so called senior brokers, analysts and the finance team – all liars – do not believe one word. So after they blatantly lied to me and stole my entire account balance, I wrote to the Senior Management 3 times and got no response at all. I can only conclude the whole company is a scam. DO NOT JOIN MAYFAIR OPTIONS! THEY ARE CON MEN, LIARS AND THIEVES. Subscribe now and receive a free ebook on the best strategies to gain in binary options ! Stay responsible. © BonusBinaryOptions LTD - All rights reserved.
100% exclusive bonus (instead of 20%) on your 1st deposit from €250 on the best regulated broker 24 Option! (Bonus terms and conditions apply) Best Binary Trading Sites 2017 – and the Rest. Maybe you’re still learning about trading, or perhaps you feel ready to take your first step into the trading market as a beginner. We’ve researched the binary options trading market extensively to help make your task of choosing a platform simpler. As you may have heard, trading with binary options is one way to get into the markets with minimal trading experience but with the real possibility of ending up with some great returns. Of course, before you can begin trading, you will need to find the best binary option broker for you. There are a LOT of brokers in the giant binary options trading industry. Naturally, a single broker cannot necessarily be said to be outright “the best” one versus another. However, we do our utmost here to review all aspects of the best binary options sites to help you decide. Our site’s role is to act as a guide in this sometimes overwhelming task of yours. By following these helpful tips and recommendations, you’re just a click away from the best binary trading brokers. So, let’s get started.
Recommended Trading Platform. Top Binary Options Broker. What is trading with binary options? Before moving to the particular part of our research for the best binary options brokers, it is a good idea to make a quick revision of your binary options knowledge and to be more specific – of the binary options trading activity. To understand trading with binary options you should know, at first, what binary options are. In general, a binary option is a class of an option where the payoff comes with only two final possible results. The first result is the fixed amount of money of the asset you have chosen, while the other one (the negative or the loss) is nothing at all. As you can see trading with binaries is different from trading on regular Forex markets, like the top forex brokers are different than the binary options ones, where in most cases some continuous range of payoff might appear. Trading with binary options is usually quick and simple, which makes this way of trading extremely interesting and quite suitable for beginners. Moreover – binary options trading results in comparatively speedy payouts, while the risk may be quite low. The fact that you either win, or don’t win anything means that trading with binary options can be considered as child’s play. However, do not underestimate the necessity of proper prediction, constant following of the latest news from the market and the analytical skills, because binary options trading still requires you to think and consider, rather than to gamble.
Best Binary Options Brokers. What are binary options brokers? When it comes to best binary options trading sites, looking at the essence of what the binary options brokers actually provide is a must. Like all things in life, one always needs to research a topic before being able to compare apples with apples. In brief, binary options brokers are ordinary brokerages which either solely provide features for binary options trading, or include different ways of trading – including binaries. However, it would also be accurate to say that when it comes to the best binary options trading sites, they are usually entirely geared to binaries without dealing with other markets (e. g. Forex) at all. You should be aware that binary options brokers are also brokerage firms that are in most cases operated and owned by large financial services providers or companies. Their size and reputation provides the feeling of assurance to their users and you would rightly expect these aspects to appeal to people looking to join binary options brokers. We strongly recommend that you follow our guide in order to give your trading experience the highest levels of security and safety. How to select the best binary options brokers?
If you think that we will list for you a single binary options broker that is considered the best binary options site, don’t. The truth is that the large number of websites and the good trading environments that most of them offer makes it impossible to name one particular best binary trading site. Moreover – as you know different traders prefer different things. If you are a beginner in trading with binaries, features like user-friendly interface and reliability are the top things you are looking for, but others – more advanced traders – will probably try to look for good bonus systems or even intuitive platforms. But since we are here to help you in improving in trading with binaries and in finding the best binary trading sites, we cannot just pass you by without giving you some hints. What we are about to do is to show you how to select the best binary options brokers. Such a task won’t be difficult at all, if you follow our advice. To find out the most beneficial platforms for trading with binaries, make sure the binary options brokers you review or take under consideration have the following (or at least most of them) features: Outstanding reputation. They say reputation is everything, and when it comes to business with binary options trading sites the same thing applies. If a broker is mentioned by the critical institutions that are involved in the financial field, then it is probably worth checking. However, such formal recommendations aren’t the only sources for binary options brokers with a good reputation. Different forums, where the trading community gathers, can give you some directions in finding the best binary options brokers, too. Alternatively, some binary options trading sites have a section on their official page with feedback from their users. Last, but not least, there are many rating websites that exist to compare the different brokers, as well. Excellent reliability.
Until you actually start using them, you cannot be 100% sure that certain binary options brokers are reliable although, there are a few features that might lead you to the conclusion that these websites for trading with binaries are actually reliable. In most cases, reliability consists of two main things. First of all, it is mandatory for one of the best binary option brokers to be officially licensed by the national authority from the country it is based in. Second of all, a reliable broker for binary options trading is supposed to provide protection, not provide a scam. The protection covers both – personal data and financial transactions – and many of the binary options brokers today are even double protected. Such an example is any of the binary options brokers that are based in the European Union. In this example the platform is regulated by the national financial services regulation body and by the EU as an additional controlling body. Other Brokers ( Warning: Unverified ) Functional customer support services. A website without customer support representatives becomes non-functional at all. And binary options brokers are not just websites, but platforms, where money is in constant use. This means that the customer support services are mandatory and the best binary options brokers offer them 247 and in multiple languages. Most of the websites these days cover the entire day, however, as to the availability of different languages, it is generally provided by the brokerage firms that operate among the entire international market by covering larger and more diverse audience.
The ability to reach the customer support representatives via several communication methods – for example, phone calls, emails, fax, live chat and etc – additionally provides you confidence while being in the trading arena. The platform is a thing that makes ordinary binary options brokers either one of the best binary options trading sites or one of the completely bad sites that will not bring you anything, but nerves and a bad mood. Make sure that the software a broker uses is easy enough to learn, so that you will not lose any time studying how it works. The intuitive feature is also very important, because once you become more advanced, good organization of your binary options trading activity will be considered as a plus for you. And last, but not least, the best binary options brokers provide platforms with various features and useful conveniences. We cannot list all of them, but the more they are the better and the easier it will become for you trade. Attractive bonus system. There`s an unwritten rule among the trading audience, and according to this all of the best binary options sites have the most attractive bonus types. It is logical that good bonuses are really great, but this concept is definitely not something that many of the most advanced traders will agree with. Wondering why? Well, the answer is actually simple. The thing is that many newly established or not so popular yet (and scams, too) binary options brokers usually need a method to attract more customers.
The beneficial and intriguing bonus system appears to be a great tool to get a traders attention by any means. However, not all of these binary options brokers are as reliable and good as their bonus system is. So what we are trying to tell you is that in case you come upon unbelievably huge bonuses offered by a binary options broker, don’t fall for the trap to immediately sign up for it. There`s no guarantee that the rest of the broker features are ok. Still, binary options brokers bonuses remain one of our favourite parts of trading. Additional conveniences. Speaking of bonuses and their correlation to the rest of the features of the best binary options trading sites, it’s important to mention some conveniences that you should look for too. Features like an education centre for beginners in trading with binaries, as well as extras like personal account managers or possibilities to trade with dozens of assets are also quite important. And if they appear on the website you are a member of, then be assured that you are a customer at one of the best binary options brokers. Where to find the best binary options broker? Our ultimate guide for the best binary options trading sites continues with some practical ideas and tips you can use in order to find the best binary options trading sites. Review them to see if they could help you for your research. Become aware of what you are looking for – Different traders look for different things in a broker for binary options trading. For example, if you are a beginner, then you might prefer a simpler platform with an intuitive interface and maybe, a good education centre to help conduct your method with expert tips for advancing in binary options trading. Though, on the other side, if you search for certain binary options – one touch binary options, 60 second options etc – then, your research filter changes.
Undertake your own research – Start your own research for the best binary options brokers. It`s not hard or tough and usually it does not even take too much time. Since you already know what you are looking for – the best binary options trading sites with particular option types and features – use them as keywords and insert them in your browser search engine. The results provided will definitely have some of the best binary options brokers! Recommendations are always preferable – Having recommendations for the best binary options brokers is also a useful alternative you can take advantage of. You can be recommended by a friend of yours, who has been on the binary options trading market for longer and who can be aware of the most suitable website for a beginner. This recommendation will come with the advantages of a particular platform, saving you some research. Read our helpful reviews – Binary options brokers reviews are many and you can come upon them in forums for trading communities and for informative websites – like ours. Feel free to read our helpful reviews that will point you the pros of each reviewed website (at the end of the article review). Considering these pros, you can determine if you have finally discovered the best binary options trading sites. Test a few binary options brokers – And finally, there`s one more alternative for you to find the most reliable and promising binary options brokers. Even though a little bit risky, you should try this method, too, because after all getting used to taking risk is a part of your trading job, as well. What we recommend you do is test several binary options platform. Make a list of your favorites that might be the next best binary options brokers.
Begin with the first titles and see if you can find the most profitable among them. Attention – avoid investing a lot of money until you can make sure that the binary options broker is really your type of platform. How to compare the best binary options brokers? Last, but not least, when you are done with your list of the best binary options trading sites, you will need to compare them. Being a member of too many websites for trading at once is not a very good idea – especially if you are a beginner – so it’s better to continue filtering your list of top binary trading favorites. Consider the next features as the keys for your comparison process of the desired brokers you want to visit and become a member of: Minimum deposit amount – This is the minimum amount of money you are obliged to invest in order to start trading on a certain binary options trading site. If it is too high for you, keep searching for another, more budget-friendly option! Assets – The more assets a broker offers the better and the bigger its chance to be one of the best binary options brokers. The standard amount of assets is usually above 30, so try to avoid platforms that have only 10-15 assets only, because they will limit your activity. Acceptance of particular traders – Some brokers have the policy not to accept certain traders according to their current residences. In most cases these users are either USA, or Canadian-based citizens. However, this is only the general rule and there are many other countries that might be excluded from the list of customer types in binary options brokers. Always read this information before considering making a registration on a trading platform.
Maximum trading amount – Remember, you are still a beginner and your first investments – both, the deposit and trade amounts – will probably not be high enough to reach this limit. However, consider the future – your future growth is a sign of smart trading. Who knows, maybe you will become skilful in trading with binaries very soon! Don’t hesitate to use our useful tips to discover the best binary trading brokers. We wish you the best of luck. Best Binary Options Brokers. Best Education Broker. Your capital is at risk. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved.
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