Binary Options Brokers

Binary Options Brokers

Trading binary options has become popular in the US ever since 2008. In 2008, the SEC approved trading binary options in the United States. Since then, we have had tons of brokers that claim to be the best. Before you grab any broker, I will teach you what to look for before you do it. There are so many elements to being a good broker, so please stick with me.

Contents

Broker Comparison Criteria

A broker would give you a trading platform that belongs to him. This platform is the middleman between “you” and the “exchange.” Knowing this, you should always compare brokers based on only the services they offer you. No more. No less. Along with that, there are some other criteria you check to get an all-around decision.

  • Trade everything

    Some brokers allow you to trade everything, while others limit your trading options. Of course, your options will be limited if you choose the wrong broker. Brokers offer many types of trading; boundary, ladder, touch, pairs, and more.

  • Compare the other factors

    So brokers have different trading costs, bonuses, environments, and payouts. Compare all these before you choose your trade.

  • Not provide flexible expirations

    Some shady traders do NOT provide flexible expirations. Instead, they will get you stuck in a deal with long expiration dates. Just Beware!

  • Minimum deposit

    Look at the minimum deposit brokers allow. It can range anywhere from five dollars to two hundred fifty dollars.

  • Demo account

    Check if the broker allows a demo account facility for testing.

  • Customer support

    Make sure your broker has customer support. Some don’t have any, and others have 24 Hr instant support.

  • Brokers regulation

    Check if these brokers are regulated. If they are, research the authority.

The best scenario is this. You would get a secure trading platform, numerous bonuses, and a 90% payout rate. Along with that, make sure your broker has good flexibility for trade expiration.

How Do Brokers Make Money?

How Do Brokers Make Money?

As I said, the broker is the middleman. So, how do they make money? Firstly, they get a margin of an OTC trade by simply being a counterparty. The margin is significant mainly because both sides are hedged. The broker does have protection in case he wouldn’t get enough margin. Secondly, they make money from being the middleman. They charge a commission for matching the buyers and sellers. The commission is an amount inside the transaction. The tighter spread in buy and sell prices makes your trading cheaper.

Should You Use Multiple Brokers?

There are so many brokers in the market, and they all have different features.

  • Some brokers are only good at short-term trades

    Some brokers are only good at short-term trades, while others excel at boundary trades. In this case, you would want two accounts to benefit from both.

  • Open lots of demo accounts

    You might open lots of demo accounts with different brokers to get experience. People do this to train before they get into the real trading world.

  • Help you protect yourself

    Having accounts with multiple is the same as having your eggs in different baskets. If one loses money, you have it diversified enough.

  • Opening accounts with multiple traders

    You would get various signup bonuses from opening accounts with multiple traders. In other cases, large deposits will give you rewards. So if you are depositing large amounts to get a bonus, having multiple accounts may not be for you.

Exchange VS Over-The-Counter Brokers

Exchange Brokers
OTC Brokers

They are middlemen
They are counterparty, not brokers.

They connect buyers and sellers.
They are counterparty to open trade positions.

They get paid if you win or lose.
The brokers don’t win until a trade wins.

Reduced risks make trader returns high.
Lower payouts due to higher risk

How To Choose The Correct Trading Platform

You NEED to assess a lot of factors before choosing a broker. Some of them are listed below.

  • Financial assets

    Choose based on the financial you want to trade. Some brokers may not offer the one you are interested in trading.

  • Fee from the payouts

    Brokers will take a fee from your payout. Usually, this is around 10-15%. So make sure you choose one that will maximize your profits.

  • Minimum deposits criteria

    Brokers sometimes set outlandish minimum deposits. Just get one that offers a reasonable minimum.

  • Demo accounts facility

    Ensure that trader allows demo accounts. It is a testing facility for you to practice trading.

  • Respective laws

    Lots of countries regulate their brokers. So make sure the broker you choose is up to snuff. I would hate for you to get legal complications.

  • Various payment options

    Brokers offer many different methods of payouts. Be sure the payout options are secure: and you are comfortable with them.

  • Instant withdrawals of payouts

    We live in an instant. Confirm that the broker you choose allows instant payouts. It will be so much better in the long run.

  • Trading apps

    We are all busy and can’t always use our laptops for trading. Make sure the platform you choose has an IOS and Android app.

The Financial Market Regulatory Bodies

There are a lot of restrictions on the financial market. The regulatory bodies from other countries make these rules. They regulate the brokers and help protect us as traders. They can legally provide help if you have a dispute with a trader. Some of the regulatory bodies are:

  • ASIC

    Australian Securities and Investments Commission in Australia (ASIC)

  • CFTC

    Commodity Futures Trading Commission in the United States (CFTC)

  • FCA

    Financial Conduct Authority in the UK (FCA)

  • CySec

    The Cyprus Securities and Exchange Commission in Cyprus and the EU (CySec)

  • FSB

    Financial Services Board in South Africa (FSB)

I would recommend getting a regulated broker. They are more reliable, and they can ensure your protection.

How To Spot The Most Reliable Broker

You should ensure the broker does what it “says” and has reviews. A lot of brokers are scammers and take your money. When you spot a reliable, use it. These factors can help spot a reliable one.

  • A Regulatory Authority

    A Regulatory Authority

  • Free Demo Account

    Free Demo Account

  • Funds Security

    Funds Security

  • Reasonable Minimum Deposit

    Reasonable Minimum Deposit

  • No Hidden Fees

    No Hidden Fees

  • 24/7 Support

    24/7 Support

  • Fair Payouts

    Fair Payouts

  • Faster withdrawals

    Faster withdrawals

Binary Options Brokers Compared

Now that you know what is in a good broker, we will compare the top ones for you. You will see the details and features of each broker in this list.

Binary Options Broker

  • 1
    THE POCKET OPTION REVIEW 2022: PROS & CONS

    Gembell Limited manages the pocket Option broker. It started its operations in 2017 and has its registration in the Marshall Islands.

    • Tradable assets – The broker provides 100 financial assets for trading, such as currency pairs, cryptocurrency, raw materials, binary options, etc.
    • Max Payouts – The payout by the broker is around 95%.
    • Demo Accounts – It provides a demo trading account with $10,000 virtual funds that act as a knowledge source for the new traders.
    • Country Restrictions – It does not accept clients from Isreal, EEA countries, the USA, and Japan.
    • Deposits – The minimum deposit amount is $50.
    • Withdrawals – The broker supports fast withdrawal via bank transfers, cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, etc., plastic cards such as Visa, Maestro, Payeer, etc., and electronic wallets such as Neteller, Perfect Money, Skrill, Yandex Money, etc. The minimum withdrawal amount is $10.
    • Leverage – It provides variable trading leverage ranging from 1:1 to 1:1,000.
    • Trading Apps – It also provides mobile apps compatible with iOS and Android devices.
    • Broker Regulation – The broker’s management company, i.e. Gembell Limited, has registered with International Finance Market Relation Regulation Center (IFMRRC).
    • Trading Platform – The broker offers different platforms such as Web-version, Telegram Bot, Download version, and Meta Trader 5. Its Meta Trader 5 platform provides versatile functions such as One-click trading, Indicators, drawing tools, multi-charting, automated trading, etc. In addition, its trading platform has 2-factor authentication and a Secure Socket Layer (SSL) certificate security tool, which makes it the most secure and safe.
    • Bonuses – It offers deposit bonuses. It provides a 100% deposit bonus but puts a limitation on its withdrawal, i.e., to withdraw the bonus, you need to have a trading turnover of 50x.
    • Advantages – The are many advantages that the broker offers.
      • Its trading platform is safe and secure and provides versatile facilities for traders

        Its trading platform is safe and secure and provides versatile facilities for traders

      • It offers trading in 100+ financial assets

        It offers trading in 100+ financial assets

      • It provides a demo account facility

        It provides a demo account facility

      • It offers deposit bonuses to encourage new traders

        It offers deposit bonuses to encourage new traders

      • It ensures a 24/7 professional support system

        It ensures a 24/7 professional support system

      • It does not charge any fees for deposits and withdrawals

        It does not charge any fees for deposits and withdrawals

    Start trading Read review
  • 2
    Iq option – cryptocurrencies, binary options, forex, CFD&ETF trading platform

    IQ Option, formed in the year 2012, is quite popular among the trading community. The detailed features of the company include: –

    • Tradable assets – It is a multi-asset brokerage firm providing trading in instruments such as digital options, binary options, CFDs, ETFs, forex, and stocks. In addition, it offers trading in more than three hundred financial instruments.
    • Max Payouts – The maximum payouts that the traders can expect can be 95%.
    • Demo Accounts – It provides a demo account facility with $10,000 in virtual funds, and you get an immediate refill after its exhaustion.
    • Country Restrictions – The traders in Australia, the USA, Canada, Belgium, Turkey, Japan, Israel, Iran, Syria, Russia, and Sudan are not accepted.
    • Deposits – The minimum deposit starts from $10 for the real trading account, while the deposit is $3,000 for a premium VIP account.
    • The withdrawals – The minimum withdrawal amount is as low as $2, and the maximum limit per day is $1 million. You can withdraw your amount via QIWI, VISA, MasterCard, Maestro, Neteller, Skrill, Webmoney, Bank Transfer, Western Union, and MoneyGram. The withdrawal process takes one working day.
    • Leverage – The European traders can have a maximum leverage of 1:30, whereas the maximum trading leverage can be 1:1000 in forex.
    • Trading Apps – The mobile app is similar to its web-based trading platform, giving all the financial market products access. The app is available for Apple (iOS) and Android devices, which is free for download.
    • Broker Regulation – Europe CySE regulates IQOption.
    • Trading Platform – TheIQOption trading platform is best programmed to suit the needs of all traders. In addition, the new features get updated periodically, which enhances the trading experience of the traders.
    • Bonuses – It does not provide bonuses to traders as a part of a new requirement under its regulator CySEC, and it has suspended the previously credited bonuses.
    • Advantages – There are various advantages that IQOption offers such as: –
      • Regulated under CySEC

        Regulated under CySEC

      • It provides a free demo account

        It provides a free demo account

      • It provides access to 500 various instruments

        It provides access to 500 various instruments

      • It provides 24/7 support

        It provides 24/7 support

      • It allows a minimum deposit of $10 and minimum trade amount of $1

        It allows a minimum deposit of $10 and minimum trade amount of $1

      • Very reliable and trustworthy platform

        Very reliable and trustworthy platform

    Start trading Read review
  • 3
    IS QUOTEX A SCAM?? READ THIS BEFORE TRYING THE BROKER IN 2022

    Quotex belongs to the Seychelles brand of Cypriot financial holding, which has received an authorized Center for Regulation of Financial Markets Relation (CROFR) certificate. It offers access to various financial assets and trading indicators.

    • Tradable assets – At present, Quotex provides access to more than 25 currency pairs and Cryptocurrencies such as Bitcoin, Ripple, etc., and Commodities such as Gold, Silver, UK Brent Oil, and US Crude Oil.
    • Max Payouts – The maximum payout can be up to offers 97%.
    • Demo Accounts – The demo account facility is available with a deposit of up to 10,000 units as you can do trading in conventional units. In addition, it helps in testing the currency pairs.
    • Deposits – The minimum deposit starts from 10 USD. In addition, there is an option to deposit Bitcoins or use other modes of electronic payments such as Perfect Money, Yandex, etc.
    • Withdrawals – The withdrawals take significantly less time, and the process gets completed within 1 hour. You can make withdrawal requests to an e-wallet, bank account, or the exact payment details used for deposits.
    • Advantages – Quotex provides many benefits to the users, such as
      • It offers enhanced safety and security, and the data leakage risk is left behind

        It offers enhanced safety and security, and the data leakage risk is left behind

      • It has more than a dozen technical indicators for trading with charts and provides a universal trading platform

        It has more than a dozen technical indicators for trading with charts and provides a universal trading platform

      • Quotex has an easy trading platform, and access to it is quick and fast

        Quotex has an easy trading platform, and access to it is quick and fast

      • It has a multilingual customer support system that offers 24/7 service

        It has a multilingual customer support system that offers 24/7 service

    Start trading Read review
  • 4
    Binomo – innovative binary options and crypto IDX trading platform review

    Binomo, founded in 2014, is one of the best binary options brokers due to its client-oriented approach. In addition, it provides a wide range of financial instruments that offer favorable trade and investment terms.

    • Tradable assets – Binomo offers trading in more than 70 instruments from currencies, pairs of assets, indices to stocks, and commodities.
    • Max Payouts – It offers a payout of up to 87%.
    • Demo Accounts – It provides a demo account facility with refilling of virtual funds up to 50,00 rub, $1,000, or € 1,000.
    • Deposits – It offers different account types as Standard, Gold, and VIP with an initial deposit of $10, $500, and $1,000, respectively.
    • Withdrawals – Binomo offers funds’ withdrawal through various modes such as Alpha Click, WebMoney, Neteller, QIWI, Yandex Money, epayments, Promsvyazbank, etc. The processing of such requests depends upon the account type, such as for Standard, Gold, and VIP account type; the time takes three working days, 24 hours, and 4 hours, respectively.
    • Trading Apps – It provides trading via its applications designed for mobile and tablets.
    • Broker Regulation – The Center for Regulation of Financial Market Relation(CROFR) regulates it.
    • Trading Platform – It provides a well-known trading platform named Spotoption, which is favorable for trading and investment opportunities for both novice and professional traders.
    • Bonuses – It provides bonuses of up to 110%. However, the deposit bonuses for Standard, Gold, and VIP account type are different. For a Standard account, it is for each deposit refilling, whereas for gold customers, there are increased bonuses for clients, and for a VIP account, it is up to 100%.
    • Advantages – There are many benefits to using Binomo, as listed below.
      • Trading instruments

        It offers trading in 70+ financial instruments

      • Different option types

        It provides different option types such as Binary Options, Pair Options, Long Term Options, Touch, and 60 seconds

      • Deposit bonuses

        It offers a deposit bonus of up to 110%

      • It provides a demo account facility

        It provides a demo account facility

      • Trading platform

        It provides a Spotoption trading platform that is client-friendly and easy to use.

    Start trading Read review
  • 5
    Olymp Trade – a review of trusted and reliable trading platform

    Olymp Trade, founded in 2014, is a Russian trading platform and is owned by Smartex International Ltd.

    • Tradable assets – InOlymp Trade, you can conduct trading in financial assets such as stocks, indices, currencies, commodities, and currency pairs.
    • Max Payouts – It offers good payouts of up to 90%.*
    • Demo Accounts – It offers a demo account facility with a virtual fund of $10,000 in cash.
    • Deposits – The minimum deposit is $10 with only one trading account type.
    • Withdrawals – The maximum time for funds withdrawal is five working days, but most of the time, it gets completed within 24 hours. The minimum withdrawal amount is $10.
    • Trading Apps – It provides trading via its applications designed for Android and iOS devices.
    • Broker Regulation – The regulatory bodies such as CROFR and Financial Commission (FINACOM) regulates it.
    • Trading Platform – It provides trading platform Olymp Trade which adapts to different screen resolutions and thus makes trading convenient.
    • Bonuses – It offers an introductory trading bonus of up to 100% of the deposit depending upon the currency of the account.
    • Advantages – OlympTrade provides various benefits to the users such as:
      • Adaptation to different screen resolutions

        It provides an Olymp Trade trading platform, an excellent choice for traders due to its adaptation to different screen resolutions

      • Its welcome bonuses are up to 100%.

        Its welcome bonuses are up to 100%

      • Regulated under FINACOM

        Regulated under FINACOM

      • It provides a demo account facility

        It provides a demo account facility

      • The broker keeps the deposits with the European bank

        The broker keeps the deposits with the European bank

    • Demerits – Besides the advantages, it has also got few demerits as:
      • It provides only 13 pieces of assets and only one trade type of fixed time.
      • The demo account facility is available to the users only after registration.
    Start trading Read review
  • 6
    ExpertOption – a review of new online trading platform

    The Expert Option has official registration in the UK, which is active in the financial markets since 2015.

    • Tradable assets – It provides trading in around 100 financial assets.
    • Max Payouts – It offers excellent payouts with up to 90%.*
    • Demo Accounts – It provides a demo account facility for the new traders.
    • Country Restrictions – Its services are not available in several countries such as Switzerland, Israel, Australia, New Zealand, European Economic Zone, Japan, Puerto Rico, Sudan, North Korea, Canada, and the USA.
    • Deposits – The minimum deposit is $10, and its replenishment is possible via 20 electronic payment systems such as Neteller, Perfect Money, FasaPay, etc., with a deposit amount of $50.
    • Withdrawals – The minimum withdrawal amount is $50 or 3000 rubles, and the process takes up to 2 business days. The confirmation of such requests requires document copies.
    • Trading Apps – It provides mobile applications compatible with Windows, iOS, Mac OS, and Andriod devices.
    • Broker Regulation – The Vanuatu Financial Services Commission and CROFR regulates the broker.
    • Trading Platform – Its trading platform is named ExpertOption, which is similar to IQOption and OlympTrade.
    • Bonuses – The amount of deposit bonus which can be as much as 50%, depends upon the user’s account and accrues after crucial trading turnover.
    • Advantages – The benefits of such a broker are:
      • Demo account facility

        Demo Account facility

      • Technical tools for extensive analysis

        Technical tools for extensive analysis

      • Russian Federation certified broker

        Russian Federation certified broker

      • Minimum deposit

        It offers an attractive minimum deposit facility of $10

    But, besides the merits, it has also got a demerit of a limited choice of options maturity.

    Start trading Read review
  • 7
    Binarium – review and feedback on the binary options broker

    The Binarium trading platform, founded in 2012, is regarded as one of the best among the multilingual forex brokers.

      • Tradable assets – It offers trading in different assets such as indexes, shares, currency pairs, and binary options.
      • Max Payouts – It offers payouts of up to 93%.*
      • Demo Accounts – It offers a demo account for the newbies.
      • Deposits/Withdrawals – The minimum deposit is $5/ € 5. The deposit amount and withdrawal limits for different account types are as follows:
    Account TypeDeposit AmountWithdrawal
    Start$5-99One request per day and limit per day $ 200 and per month $1,000
    Standard$100-499.99Two requests per day and limit per day $ 500 and per month $2,500
    Business$500-1,999.99Five requests per day and limit per day $ 1,000 and per month$20,000
    Premium$2,000-4,999.99Five requests per day and limit per day $ 5,000 and per month $50,000
    VIPFrom $ 5,000Unlimited requests per day and limit per day $ 15,000 and per month $1,00,000
    • Broker Regulation – The regulators, CySEC and CROFR, govern the broker’s activity.
    • Trading Platform – Its trading platform is unique as it seeks to provide enhanced trading features to its users.
    • Bonuses – It provides trading bonuses through trade back. It is 5% and 10% in Standard accounts and Business accounts, respectively.
    • Advantages – The various benefits that the brokers offer are:
      • A unique trading platform

        A unique trading platform

      • Available training materials

        Available training materials

      • Several financial assets for trading

        Several financial assets for trading

      • It offers minimum deposits and insurance for transactions.

        It offers minimum deposits and insurance for transactions.

    Start trading Read review
  • 8
    FINRALLY – honest binary options trading platform review

    FinRally is an international broking firm and uses enhanced technology for the protection of data. Its features include:

    BonusUp to 100%
    Trading PlatformSpot 2.0
    Instruments150+
    DemoYes
    Min Deposit$250
    Min. Trade Price$10
    Payouts90%
    Start trading Read review
  • 9
    Binarycent an automated binary options broker review (US, CA, AU)

    Cent Project Ltd, which is a subsidiary of Finance Group Corp, owns Binarycent. The various features of BinaryCent are listed below:

    Bonus20 to 100%
    RegulationVanuatu Financial Services Commission
    InstrumentsBinary Options & Crypto
    DemoYes
    Min Deposit$250
    Min. Trade Price$0.01
    Payouts95%
    Start trading Read review
  • 10
    Raceoption – review and recall of the trading platform for options, forex, CFDs

    The trading platform RaceOption belongs to Race Projects company having its registered address in Seychelles.

    • Tradable assets – It provides trading in currency pairs, including cryptocurrencies, shares, and stock indices.
    • Max Payouts – It offers an average payout of 80%.*
    • Demo Accounts – It offers a demo account facility for the new traders, which allows them to develop their trading methods.
    • Deposits – The minimum deposit depends upon the trading account. The different account types, such as Bronze, Silver, and Gold, require a deposit of $250, 1-2 thousand dollars, and 3 thousand dollars, respectively.
    • Withdrawals – It offers a high-speed withdrawal process of not more than an hour. The users can withdraw funds via Web Money, Perfect Money, OK Pay, Visa and Master Cards, etc.
    • Trading Apps – It provides trading apps for Android and iOS compatible devices.
    • Broker Regulation – It does not come under the preview of any regulating authority.
    • Trading Platform – The RaceOption trading platform provides easy access to the users. It also offers technical and economic analysis in its trading toolbar.
    • Bonuses – It offers a deposit bonus of 20 to 100% on the first replenishment of the trading account.
    • Advantages – There are several benefits of RaceOption as:
      • High-speed withdrawal request processing.

        High-speed withdrawal request processing

      • Different payment methods for replenishment

        Different payment methods for replenishment

      • 24/7 customer support service

        24/7 customer support service

    Start trading Read review
  • 11
    BinBotPro – review and feedback about the binary options robot

    The features of such a broker are:

    Min. Trade Price$1
    InstrumentsCurrency pairs, binary options,

    cryptocurrencies, etc.

    DemoYes
    Min Deposit$250
    Payouts90%
    Start trading Read review
  • 12
    Nadex – review and feedback on the official USA&CA options trading platform

    It belongs to the IG Group in London, UK. Its features are:

    RegulationCFTC
    Trading PlatformNadex
    InstrumentsStock Indices, currency pairs & Crypto
    DemoYes
    Min Deposit$250
    Payouts90%
    Start trading Read review
  • 13
    CentoBot – review and feedback about the robot for options and crypto currency

    The broker offers an automatic robot trading service, which got launch in the cryptocurrency market in 2017. Its features include:

    RegulationNon-regulated
    Min. Trade Price$0.1
    Trading PlatformAutomatic Robot Trading Centobot
    DemoYes
    Min Deposit$250
    Payouts90%
    Start trading Read review
  • 14
    Spectre.ai – Review and Feedback on Decentralized Plafortom for Options and CFDs

    The broker allows the trader to open the purse on the resource (for cryptonym), and intelligent contracts regulate the financial transactions. Its other features include:

    RegulationNon-regulated

    Registration in the Cayman Islands

    Min. Trade Price$1
    InstrumentsBinary Options, shares, commodities,

    currency pairs, cryptocurrencies, etc.

    DemoYes
    Min Deposit$1
    Payouts100%
    Start trading Read review
  • 15
    eOption – trading platform overview

    The broker offers a browser-based platform that is easy for traders to use apart from the Auto Trading investment system. Its features are:

    RegulationFINRA (USA) & SIPC (USA)
    Trading PlatformETNA white label program
    InstrumentsCryptocurrencies,

    Metals & raw materials.

    Equities & options, etc.

    DemoYes
    Min Deposit$500
    Start trading Read review
  • 16
    LCG (London Capital Group) trading platform overview

    Having listed its shares on the London Stock Exchange, the broker company is named London Capital Group. It has 20 years of experience in the trading world and due to which the users most trust it. Its other features include:

    RegulationCySEC & FCA
    Min. Trade Price$0.01
    Leverage1:1-1:300
    Trading PlatformMT4 & LCG Trader
    InstrumentsCurrency pairs, indices,

    Bonds, ETFs, CFD, etc.

    DemoYes
    Min Deposit$100
    Payouts87%
    Start trading Read review
  • 17
    Ally Invest – trading platform from the famous bank

    The broker started its operations in 2016 when Ally Bank acquired the TradeKing forex broker. Its main features include:

    RegulationFINRA & SIPC
    Min. Trade Price$0.01
    Trading PlatformMT4 & Ally Invest Forex
    InstrumentsFutures, currency pairs,

    Indices, stocks, etc.

    DemoYes
    Min Deposit$1
    Payouts85%
    Start trading Read review
  • 18
    TD Ameritrade – trading platform overview

    The company is operating in the US and has 40 years of experience in the brokerage industry. Its main features are:

    RegulationNFA, FINRA & SIPC
    Min. Trade Price$1
    Bonus60 days free maintenance

    $ 600 for advertising

    Trading PlatformTrade Architect, Web Platform and Thinkorswim
    InstrumentsCurrency pairs, indices,

    Bonds, ETFs, etc.

    DemoYes
    Min Deposit$50
    Payouts83%
    Start trading Read review
  • 19
    Interactive brokers – an overview of the innovative trading platform

    The company, formed in the 70s in the United States, has the following vital features:

    RegulationUS SEC, NYSE, FINRA, SIPC, US CFTC.
    Min. Trade Price$1
    Trading PlatformTWS, IBot, IBKR Mobile, IBKR API
    InstrumentsCurrency pairs, indices,

    Bonds, CFDs,futures,stocks, etc.

    DemoYes
    Min Deposit$2,000
    Payouts81%
    Start trading Read review
  • 20
    E-Trade feedback on the trading platform

    It has been operating since 1996 and provides efficient trading applications that make trading easy and reliable. Its features are:

    RegulationFINRA, SIPC
    Min. Trade Price$0.01
    Trading PlatformE*Trade Pro, E*Trade FX, Etrade.com, Market Trader and OptionsHouse
    InstrumentsCurrency pairs, indices,

    Bonds,ETFs,futures,stocks, etc.

    DemoYes
    Min Deposit$500
    Payouts90%*
    Start trading Read review
  • 21
    Intrade.Bar is a transparent binary options broker

    The In Trade Bar is a binary options broker with origins in Russia but claims its registration in the UK.

      • Max Payouts – The maxiIn Trade Bar offers payouts of up to 84%.
      • Demo Accounts – It offers a demo account facility for testing.
      • Deposits – It offers a minimum deposit of 500 RUB or ten bucks via different payment methods such as Yandex, IBOX, AdvCash, credit/debit cards, etc.
      • Withdrawals – It charges fees on withdrawals which can reach 8%, which seems relatively high.
      • Broker Regulation – A company named Mr. Axiano LP, registered in Scotland, UK, owns In Trade Bar. However, the FCA or the local gambling commission has not authorized it.
      • Trading Platform – The In Trade Bar’s trading platform lacks advanced analytical tools and lacks what other trading platforms offer.
      • Advantages/Disadvantages – The merits and demerits of the broker are listed below:
    AdvantagesDisadvantages
    It offers low deposits and small bet sizes.It has very light regulation.
    It provides a lot of payment methods.Payouts do not seem to be high.
    It provides a demo account facility.It charges withdrawal fees.
    Start trading Read review
  • 22
    Mercatox – Electronic P2P Exchange Review

    The broker began its active operations in 2016. Its main features include:

    Min. Trade Price$1
    BonusYes
    InstrumentsFinancial assets

    Exotic cryptocurrencies

    DemoYes
    Replenishment/Withdrawal methodsOKPay,

    Payeer, Yandex, etc.

    Min Deposit$1
    Payouts97%
    Start trading Read review
  • 23
    Charles Schwab – a world famous trading platform

    The broker established its operations in 1971. Its main features include:

    RegulationSIPC & FDIC
    Min. Trade Price$50
    Trading PlatformStreetSmart Edge
    InstrumentsBinary Options, CFDs,

    Stocks and precious metals.

    DemoYes
    Min Deposit$1000
    Payouts87%
    Start trading Read review
  • 24
    Saxo Bank – broker review

    It is a well-known investment bank in Denmark. Its main features are:

    RegulationDanish Financial Supervision Authority
    Min. Trade Price$0.01
    Trading PlatformSaxoTraderGO&SaxoTraderPRO
    InstrumentsCurrency pairs, indices,

    Bonds, CFDs, etc.

    DemoYes
    Min Deposit$10,000
    Payouts87%
    Start trading Read review
  • 25
    OptionClub – broker of options high / low

    The broking company has its registered head office in the Netherlands, which started its operations back in 2013. Its features are:

    RegulationNetherlands Authority for the Financial Markets (AFM)
    Min. Trade Price$1
    InstrumentsCurrency pairs, indices,

    stocks, raw materials,

    binary options, etc.

    DemoYes
    Min Deposit$50
    Payouts90%
    Start trading Read review
  • 26
    Close Option – binary options broker review

    It is Georgia based trading platform, which delivers the trading process seamlessly. Its main features include:

    RegulationNot regulated
    Trading PlatformCloseOptionTrading Platform
    InstrumentsForex, binary options,

    Cryptocurrencies, etc.

    DemoYes
    Min Deposit$5
    Payouts81%
    Start trading Read review
  • 27
    EasyOption – cryptocurrency binary options

    It offers users to make money from binary options and cryptocurrencies. Its features are:

    RegulationNon-regulated
    Wallet ReplenishmentPossible through Multichain-wallet imToken, MetaMask&MyEtherWallet.
    DemoYes
    Payouts95%
    Start trading Read review
  • 28
    RingoTrade – trade binary options in Kyrgyzstan

    The broker is the first to provide binary options services in Kyrgyzstan. The features include:

    RegulationNon-regulated
    Min. Trade Price$0.7
    InstrumentsCryptocurrencies, stocks, indexes.
    DemoYes
    Min Deposit$0.07
    Payouts92%
    Start trading Read review
  • 29
    Analyzing the promising areas of online trading: Blockoptions.io

    The broker uses the EtherZero blockchain as means of exchange and practical work. Its features include:

    Trading PlatformDecentralized Platform
    DemoYes
    PayoutsThe participants’ earnings are around 175% of the initial price.

    The financial guarantor is a cryptomonetEtherZero. The change in resource value within a specific time interval can give the trader a decent payoff.

    Start trading Read review
Warning

*General Risk Warning: Your capital might be at risk

Conclusion

Do your research on the best one for your scenarFirst, makeMake sure you know all the requirements, caveats, and features of each one you consider. Then, after you have evaluated everything, choose the one you think fits you well.