The complete guide to choosing the best binary options brokers
One of the main attractions of regulated binary options brokers is the potential for high short term returns. However, you should be aware that because of market volatility trading carries risks. Before you open an account with a binary platform be sure to have an understanding of technical analysis of financial markets.
Despite the risks, with the right education, training and disciplined investment strategy you can win significant returns from binary options trading. Of course choosing the best platfrom is critically important for any future success.
Below is a list of the best binary options brokers.
Broker | Details | Account |
---|---|---|
Indices, Stocks, Commodities Min. Deposit $250, Payout 100% Up to 80% Bonus. Accepts: | Read Review Open Account | |
Indices, Stocks, Commodities Min. Deposit $250, Payout 89% 100% Bonus in your first deposit. Accepts: | Read Review Open Account | |
Currencies, Stocks, Indices Min. Deposit $5 Payout 90% Free Demo Account. Accepts: | Read Review Open Account | |
Currencies, Stocks, Indices Min. Deposit $10 Payout 85% Up to 200% return on trades. Accepts: | Read Review Open Account | |
Stocks, Indices, Forex, Commodities Minimum trade: 10 - Short Terms | 25 – For The Rest Payout 88% Accepts: | Read Review Open Account | |
Indices, Stocks, Commodities Min. Deposit $200, Payout 100% Up to 80% Bonus. Accepts: | Read Review Open Account |
If you want more information on any of the above brokers, you can read a binary option broker review for each of binary platforms listed.
Regulated Brokers in US
Regulated Brokers in Canada
Regulated Brokers in Australia
Regulated Brokers in United Kingdom
A binary broker is a platform that functions as an intermediary for an investor to trade options based on an underlying financial asset. The asset selection provided by the best binary options brokers will almost always include the best stocks in the international market, the most important indexes, commodities most in demand, and the most traded currency pairs. (For non main major currency pairs, you may have to seek out a specific forex binary options brokers.)
The best platforms give you the chance to invest in many different financial vehicles – from classic CALL/PUT options, to more advanced and even custom OneTouch options. Your potential return depends on which option you choose. When choosing the best binary options broker, you should keep in mind your list investment goals and platform requirements. Demo accounts are a great advantage, especially as you begin investing. Therefore, a key factor in your decision should be to choose a broker who offers a free demo account. For extra help and insights, each of the various platforms offers various tools to help you develop your investment strategies.
In addition to offering demo accounts, another one of your requirements for the best binary brokers should be inciting bonuses – after all they are earning money from your deposits, the least they can do is give a bonus for trading. You can find all the information you need by taking a brief look at different binary options brokers reviews and choose the one that best suits your investment goals and platform requirements.
There are many options to choose from on the internet, but if you are looking for the best binary option broker out there you want to make sure the platform is properly regulated. The more prestigious trading sites are registered with and regulated by an internationally accredited financial regulatory institution such as the Cyprus Security and Exchange Commission (CySEC).
When a choosing a top binary options broker not only do you want to find one that best suits your need but also one that improve your chances of winning high returns.
Clearly you want a broker that gives you the best chances to win trades. With this in mind, get to know your broker in advance. A great way to do this is through a binary options broker review. This way you can find out from other traders what sort of return you can expect and what rates they offer. The best brokers will generally provide returns of at least 60%. Anything less than that and the margin is too low. Of course you should find binary options trading brokers with the highest returns.
However, sometimes even the best interpretation of the market does not go according to plan – even the best trade expires “out of the money” from time to time. The best binary option brokers may even offer you a percentage on losing investments. You should certainly add this to your list of requirements for binary options brokers. If you miss your forecast, you will not lose everything.
Another thing to keep in mind are brokerage commissions. Binary options brokers may charge a commission according to each action you take on a platform. Do not join a binary option broker with expensive fees, as you can find platforms that are free or charge a negligible commission.
Before joining even the best binary option broker, always make a preliminary review of the assets offered. The more assets a platform offers the more investment opportunities you have at your disposal.
Last but not least, before registering with a broker, confirm which security measures, guarantees, and languages are offered.
6 need to know tips when looking for the best binary options brokers
Traders who want to earn more returns on their money know how important it is to receive adequate training in binary options trading as well as choose the best binary options broker.
Conventional wisdom suggests you should choose a binary option broker that suits your preferences and needs. This is absolutely true since according to your trading goals you will need various benefits.
Below are 6 basic tips for choosing a binary options broker. They will guide you in finding the best binary brokers for trading options online.
- Choose a broker that offers returns of at least 60% – An advantage of trading binary options is that you know the potential return on each trade beforehand. To make money with these options you just have to predict the price trends of a security at a specified time. Upon maturity if the option expires in the money (forecast was accurate), you win a return on the trade. Of course, the higher the returns offered by the broker in question the greater chances you have to maximize your profits. Therefore it is important that the returns offered by the broker are at least 60%.
- Look for a binary options broker that offers returns if an option expires “Out of the Money” – Trading with a broker that offers returns in these circumstances is also important because in this way in case of a bad investment you will not lose the total amount of capital invested. Depending on the trading platform the percentage of return varies but it is always between 10% or 15% return for the options finishing out of the money.
- Look for a wide range of underlying assets – the best binary brokers will have multiple possible assets to invest in as well as the best currency pairs, commodities, stock indices and shares of international markets in the United States, Europe and Asia. The more variety there is the more chances you will have to win trades.
- Reject any brokers that charge exorbitant fees – Before signing with any online broker do not forget to choose one that will not require extra commissions for making deposits or withdrawals. Fortunately, the internet offers a wide selection of brokers that do not charge fees for such transactions. So you will not have trouble finding one that fits this requirement.
- Offers effective customer service – It is important to choose a platfrom which provides good customer service and technical support staff. A qualified and efficient team willing to help you with any questions and / or problems you may have will increase your confidence to deposit with that brokerage firm. There is no doubt that choosing a broker with proper customer service is critical to success in trading binary options. It is also important that the support staff can be contact 24/7 by phone, email, and if possible via online chat to address urgent issues.
- Choose a broker with strong security and data protection. When it comes to investing with binary options trading brokers through the internet it is important the broker is equipped with good security measures and that all your personal and financial data are properly encrypted.
Beyond our 6 tips for choosing the best binary options brokers, you should consider many different factors before choosing the broker that is right for you. At binary-options.trade we recommend you read the binary option broker review for EmpireOption and decide if you want to join this platform.
Membership Details
Now-a-days, trading binary options is an increasingly common practice among individual investors. Given the high returns, wide selection of financial assets, and simplicity of online trading, it is not surprising binary options is so successful.
While choosing the best binary options brokers it is crucial to choose the membership level that best suits your needs. Online platforms generally offer a basic membership which all investors receive at the time of registration on the binary options online trading platform.
As there are variations among investor needs, so to are there variations in memberships. In addition to the basic membership, online binary option platforms offer a selection of memberships with a variety of features, suitable for all types of investors.
Generally the various level of online memberships are conditional upon a deposit amount. That is to say, the investor must make a minimum deposit amount to be eligible to obtain a certain membership. The upside is that the more money you are willing to invest the greater the benefits you receive with your membership.
It is very common for novice investors to begin investing with a basic memberships. As you become a more experienced investor and your needs grow, you have the option of increasing the amount of deposits and accordingly receive a higher level membership.
As you continue to build experience from a novice to an intermediate to expert investor, you may seek to aspire to greater investment sums. At this point membership benefits will take a growing role in your thought process. This is the general trend. However, many times first time investors also invest large sums of money leveraging their deposit amount to receive greater bonuses provided by the platform as well as access to advanced analytical tools.
Memberships are generally divided into 3 levels:
The bronze membership is the most basic. Above bronze, the best binary options brokers offer a silver and gold membership. These are generally the word used for membership levels, but different binary brokers may use different terminology.
The staggered levels of memberships each require a higher minimum deposit than the previous level. For example, the bronze membership provides minimum benefits while the gold memberships has everything an investor might need to make their investments as successful as possible.
To obtain a specific membership level, simply make the minimum relevant deposit. When deciding which membership to pursue, take a look at what is offered. You don’t always need the gold level membership to be successful. Sometimes the silver level membership is more than enough. Determine what sort of analytical tools and benefits you really need compared with the actual capital you have to invest. Without question the top level memberships enjoy the best benefits, but it doesn’t always make sense with our needs any available funds.
The purpose of membership levels is to provide each investor with the tools he or she needs. At each membership level you find various service such as market news and tools for financial analysis.
In light of all the different opportunities available to you, we suggest you take your time. First, open a demo account and review carefully the membership benefits offered to you by each binary options platform. Finally make your decision on which platform can offer you what you need to obtain your long term investment goals.
16 Comments
Joan
Choosing the best binary broker is a decision that can cost you thousands or can help you to earn hundreds of thousands. License, honest customer support and fast payments are my most important requirements.
I also don’t recommend new brokers with amazing bonus and ridiculous policies.
Julia
Hi,
Which broker provides the best trading tools? And How Can I know if a broker is fully regulated in my country?
Jack Knorler
Hi Julia,
I guess that you are looking for the technical indicators. Regards regulated brokers, you can check out our regulation section.
We have listed the most popular financial authorities by country, if your country is not in the list, please let us know.
Best,
Mark
Good list, thanks for sharing.
Do you recommend to trade with 2 different brokers at the same time?
Jack Knorler
I definitely recommend to try out at least 2 brokers, as general rule for everything the best is to check and compare multiple services and make your own decision.
Rena
Yes! Finally someone writes about binary options demo account no deposit.
Nicholas
Regulated brokers are not always fully regulated. They have just licenses in offshore countries.
Jeff
G,day mate, I want to get into the Auto trading of robot 365 as I dont know anything about the markets. They have four brokers to choose from, do I have to use 1 of theirs or will any broker be able to help me once I deposit monies? Im trying to find 1 that is regulated and also compitable with a bot so I can set the perameters and let it do its thing. If you cant help me, thats fine I have been trying to find an answer to this for four days now so Im getting a little angry with people not being honest. I hope you can help!
Jack Knorler
Hi Jeff,
You need to choose one of them. It Is compatible with many brokers, some are regulated and some not. I did not understand the part about the bot.
Did you contact their live chat support?
It is hard to find honest people on the web, but we are!
Best,
Jack Knorler
We finally have an answer for you, the best brokers to try with this robot are 24Option or StockPai.
Best,
Jane
Hi,
Good day!
Im from the Philippines and I want to know which is the best binary option broker for me.
Jack Knorler
Hi Jane,
If you are looking for a good broker from Philippines, please read the Iqoption Review or Binary.com review . Those companies are the best match for you.
Jacquie Creswell
Hi, I need help with learning to trade, a small start-up ( $200 au deposit, AFS ASIC registered broker or & platform & demo account , is there some you can suggest please
Jacquie
Jacquie Creswell
Hi, I also am looking for a robot trader I think? Is there any real or & decent bot system brokers?
Jack Knorler
yes, you can see our best robots in this page.
Jack Knorler
Hi,
Here are some brokers accepting traders in Australia, one of them is regulated by ASIC.
Best,