Binary Options Brokers

Binary Options Brokers

Binary Options trading has gained popularity since its approval by the US Securities and Exchange Commission (SEC) in 2008. As a result, there are numerous binary options brokers, each claiming to provide the best services. However, being a trader and before jumping into binary options trading, you should analyze various aspects before going for the broker that best suits your needs. As you proceed further, you will realize the elements and facilities that make a broker best and a detailed comparison of different binary options brokers in the market to help you choose the best one as per your requirements.

Contents

Comparison criteria for brokers

The brokers provide the trading platform for binary options trading and thus acting as an intermediary between the traders and the exchange. Therefore, it would help if you compared the different brokers based on the services provided by them. In addition, you can compare the brokers based on various criteria.

  • All types of trade

    Many brokers provide all types of trade in binary options, while others are restrictive in their approach, and thus it can reduce your available options. Whether the broker offers binary options types such as boundary, ladder, touch, pairs, etc.?

  • Compare the other factors

    You can compare the other factors for binary brokers, such as trading costs, bonuses provided, trading environment, and payouts.

  • Not provide flexible options

    The binary options brokers often do not provide flexible options expiration, and the traders are stuck into positions with long expiry dates.

  • Minimum deposit

    What is the minimum deposit that the broker is offering? It usually ranges from $5-$10 to $200-$250.

  • Demo account

    Does the broker is providing a demo account facility?

  • Customer support

    The customer support that the brokers provide. Do they have live chat support or telephone and email support services to resolve the issues immediately?

  • Brokers regulation

    Are the brokers regulated or not? If so, under which authority are they regulated?

It would be best for you to go for the one that provides a great trading platform, a good bonus, and an excellent payout of up to 90%. In addition, it offers would be helpful to considerthe flexibility concerning binary options for different expiration while choosing the broker.

How do brokers earn

How do brokers earn

The binary options brokers primarily act as an intermediary but earn money in two ways. Firstly, by working as a counterparty to customers’ positions in OTC binaries. As a result, they get a significant margin and have both sides hedged. So they still have protection for the transactions where they don’t get sufficient margin. Second, by acting as an intermediate and charging a commission by matching the buyers and sellers. So the hidden charge within the spread is the way through which they earn commissions. The tighter spread between the buy and sell prices makes it cheaper to trade.

Should you go for multiple brokers?

There are many binary options brokers in the market, and the facilities they provide differ from one another. Some services will be best in one while in other services, some other might be having the upper hand.

  • Some brokers are good

    Some brokers are good at providing great payouts and best suited for short-term trades. In comparison, others are suitable for boundary trades. So, it would be good for you to have two accounts with different brokers to benefit individually from both.

  • Multiple demo accounts

    You can open multiple demo accounts with different brokers and have hands-on trading experience before getting into the real world of trading.

  • Help you protect yourself

    Accounts with multiple brokers help you protect yourself from insolvency and the website technical glitch of one. Moreover, as you divert your funds into various trading accounts, you can deal with the adverse scenarios that the broker faces.

  • Openings with different brokers

    Multiple account openings with different brokers often lead to various bonuses as a part of the signup offer. But, sometimes more significant deposits result in large bonus rewards, and, in such scenarios going for multiple accounts will not be best suited for you.

Exchange versus OTC (Over-the-Counter) brokers

Exchange Brokers
OTC Brokers
The exchange brokers act as an intermediary.
The OTC brokers are not brokers; instead, they act as counterparty.
They match the sellers with the buyers.
They are counterparty to the open positions of the traders.
Thus, a get commissions regardless of whether the trader wins or loses.
The brokers win or lose based on whether the open trade wins or loses.
Due to reduced risk, the traders’ returns are high.
The brokers offer lower payouts due to increased risk on their part.

Factors to consider when choosing a binary options trading platform.

It becomes imperative for you to assess all the factors before choosing a binary options broker. A few of them are listed below:

  • Financial assets

    There are many traded financial assets such as equities, commodities, forex, crypto, and indices. Again, you can go for the broker specializing in offering services to a particular one in which you want to trade.

  • Fee from the payouts

    Often, the brokers take their fee from the payouts, and you tend to receive payouts around 85% or 90%. So, you should choose the one in which you can maximize your profits.

  • Minimum deposits criteria

    At times, the brokers have set minimum deposits criteria ranging from few dollars to hundred dollars. It will help if you go for the one where you feel comfortable with the minimum deposit.

  • Demo accounts facility

    Many brokers provide the demo accounts facility to help traders learn trading before putting their real money into trading. So, while choosing the broker, you should ensure your broker provides such a facility so that you practice trading via a demo account.

  • Respective laws

    Many countries regulate the brokers under their respective laws, like the Financial Conduct Authority (FCA), which governs options trading in the UK. So it would help if you made sure that the broker you choose is available in your country to avoid getting into legal complications.

  • Various payment options

    The brokers provide various payment options such as debit cards, credit cards, bank wire transfers, etc. You should ensure that the different payment methods are safe and secure and you feel comfortable using those.

  • Instant withdrawals of payouts

    In today’s world, where everything is instant, you would want to look for a broker that offers instant withdrawals of payouts. Some offer withdrawal service within 24 hours of expiry, while others take few days to process. You can look for the one with instant withdrawals.

  • Trading apps

    Sometimes, you are busy with your routine works, and it becomes difficult for you to check on the web trading platform, and you would like to check your open position quickly through the mobile app. It would be best if you enquired about the trading apps offered by the brokers and ensure the compatibility with iOS or Android.

The financial market regulatory bodies

There are many regulatory bodies in different countries to govern the financial markets. Such bodies tend to regulate the brokers and protect the traders. In addition, they tend to provide legal remedies in cases of disputes between the traders and brokers. The various 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)

You should be well aware of whether the broker is regulated or not and, if so, then under which authority. The regulated brokers are more reliable, and going for such brokers ensures your protection under the governing laws.

How to spot a reliable binary options broker

A binary options broker is reliable only when it provides what it claims. But, unfortunately, many brokers in the market are scams and are indulged in defrauding the traders. Hence, it is essential to spot a reliable one and opt for its services. The below factors can help to spot a reliable broker.

  • The regulatory authority to govern

    The regulatory authority to govern.

  • Free demo account facility

    Free demo account facility.

  • Security for customers' funds

    Security for customers’ funds.

  • Minimum deposit criteria

    Minimum deposit criteria.

  • No hidden charges

    No hidden charges.

  • Good customer support

    Good customer support.

  • Great payouts

    Great payouts.

  • Faster execution trading terminals

    Faster execution trading terminals.

Detailed comparisons of the binary options broker

We listed above the criteria and factors based on which you should select the broker. Now, we move forward, detailing the features and services of each binary options broker.

Binary Options Broker

  • 1
    Pocket Option – review and feedback on a reliable trading platform

    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
    Quotex is a digital trading platform.

    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
    Finmax binary options trading platform as is review

    Finmax has become one of the leading brokers of the world ever since its launch in 2015. The Financial Market Relations Regulation Center (FMRCC) regulates it.

    • Tradable assets – Finmax provides more than 70 financial assets in its trading platform ranging from stocks and currency pairs to indices, commodities, and cryptocurrencies.
    • Max Payouts – The payouts based on the trading sessions vary from 65% to 90%. It offers binary trades with different expiry times ranging from 30 seconds to even one year.
    • Demo Accounts – It offers a demo account facility for the new traders.
    • Country Restrictions – Finmax does not allow traders from countries like Benin, Israel, Uganda, Japan, Belgium, and the US.
    • Deposits – Finmax does not charge any fees for deposits, and the minimum deposit amount is $250,€250, or £250. The deposit modes are Visa, Webmoney, Yandex, Skrill, Qiwi, Wire Transfer, MasterCard, or Neteller. In addition, it offers different account types as Bronze, Silver, and Gold with an initial deposit of $250, $1,000, and $5,000, respectively. The fourth account type is Platinum VIP, which you can open with a negotiable deposit.
    • Withdrawals – The minimum withdrawal request you can make is $25/€25/£25, and it processes such withdrawal requests through the initial deposit method.
    • Trading Apps – Traders can also trade on their mobile devices via Finmax mobile trading platform compatible with Android, iOS, and Windows Mobile.
    • Broker Regulation – The FMRCC regulates Finmax.
    • Trading Platform – Finmax provides the most widely known trading platform, i.e., TradeSmarter, which is innovative and user-friendly enough for traders.
    • Bonuses – It provides different bonuses for different account types. For example, the deposit bonus for Bronze, Silver, Gold, and Platinum VIP account types is 25%, 50%, 75%, and 100%, respectively.
    • Advantages – There are several advantages that Finmax offers such as: –
      • It is a regulated broker

        It is a regulated broker

      • It offers multiple account types

        It offers multiple account types

      • It provides excellent payouts

        It provides excellent payouts

      • The withdrawal process is fast

        The withdrawal process is fast

      • It provides different tradable assets

        It provides different tradable assets

    However, it also has a demerit as it does not support ECN trading apart from the benefits mentioned above.

    Start trading Read review
  • 5
    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
  • 6
    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
  • 7
    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
  • 8
    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

      $5-99

      One request per day and limit per day $ 200 and per month $1,000

      Standard

      $100-499.99

      Two requests per day and limit per day $ 500 and per month $2,500

      Business

      $500-1,999.99

      Five requests per day and limit per day $ 1,000 and per month$20,000

      Premium

      $2,000-4,999.99

      Five requests per day and limit per day $ 5,000 and per month $50,000

      VIP

      From $ 5,000

      Unlimited 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
  • 9
    Evotrade Binary Options Broker Review

    The broker began its active operations in 2010. Its main features include:

    Min. Trade Price$5
    Bonus
    InstrumentsFinancial assets

    Cryptocurrencies

    DemoYes
    Replenishment/Withdrawal methods
    Min Deposit$250
    Payouts90%
    Start trading Read review
  • 10
    Automated Binary – a review of automated binary options trading robot (USA, CA, AU)

    The broker offers an automated trading platform that generates trading signals and places orders on behalf of traders. It started its operations in 2016. Its main features include:

    Min. Trade Price

    $5

    Trading Platform

    Automated Binary trading platform

    Instruments

    All assets are available.

    Signals

    Trend, CCI, RSI,

    Williams, Stoch,

    MACD.

    Demo

    Yes

    Min Deposit

    $250

    Payouts

    90%

    Start trading Read review
  • 11
    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:

    Bonus

    Up to 100%

    Trading Platform

    Spot 2.0

    Instruments

    150+

    Demo

    Yes

    Min Deposit

    $250

    Min. Trade Price

    $10

    Payouts

    90%

    Start trading Read review
  • 12
    HighLow a good one binary options broker review

    The broker started its operations in 2014, and HighLow markets PTY Limited owns it. Its features include:

    Regulation

    ASIC

    Min. Trade Price

    $10

    Bonus

    Yes

    Trading Platform

    HighLow

    Instruments

    Gold, indices, currencies, and binary options HighLow Spread, HighLow, Turbo Spread, Turbo

    Demo

    Yes

    Min Deposit

    $50

    Payouts

    100%

    Start trading Read review
  • 13
    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
  • 14
    uTrader – trade options, forex and CFD at all in one trading platform

    The broker, founded in 2011, is a subsidiary of International financial holding Day Dream Investments Ltd. Its main features are:

    Regulation

    FMRCC

    Bonus

    150% of deposit made by referred

    Trading Platform

    Own Terminal uTrader

    Instruments

    170+ including stocks, indices,

    15 Cryptocurrencies, etc.

    Demo

    Yes

    Min Deposit

    $300

    Payouts

    85%

    Start trading Read review
  • 15
    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
  • 16
    BinBotPro – review and feedback about the binary options robot

    The features of such a broker are:

    Min. Trade Price

    $1

    Instruments

    Currency pairs, binary options, 

    cryptocurrencies, etc.

    Demo

    Yes

    Min Deposit

    $250

    Payouts

    90%

    Start trading Read review
  • 17
    Ayrex – review and feedback on the innovative binary options broker

    The legal entity “Advanced Binary Technologies Ltd” owns it, which started its operations in 2014. It has registration in Saint Kitts and Nevis. Its main features are:

    Min. Trade Price

    $5

    Bonus

    Yes, available

    Instruments

    Currency pairs, indices,

    CFDs,futures,stocks etc.

    Demo

    Yes

    Min Deposit

    $25

    Payouts

    80%

    Start trading Read review
  • 18
    Nadex – review and feedback on the official USA&CA options trading platform

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

    Regulation

    CFTC

    Trading Platform

    Nadex

    Instruments

    Stock Indices, currency pairs & Crypto

    Demo

    Yes

    Min Deposit

    $250

    Payouts

    90%

    Start trading Read review
  • 19
    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:

    Regulation

    Non-regulated

    Min. Trade Price

    $0.1

    Trading Platform

    Automatic Robot Trading Centobot

    Demo

    Yes

    Min Deposit

    $250

    Payouts

    90%

    Start trading Read review
  • 20
    Optionfield – overview of the MT4 trading platform for binary options

    The broker provides a trading platform that ensures impeccable operations for the traders. Its main features are:

    Regulation

    Non-regulated but registered on Fr. Cyprus

    Min. Trade Price

    $5

    Bonus

    Yes, 100% of deposits

    Trading Platform

    MT4

    Demo

    Yes

    Min Deposit

    $100

    Payouts

    80%

    Start trading Read review
  • 21
    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:

    Regulation

    Non-regulated

    Registration in the Cayman Islands

    Min. Trade Price

    $1

    Instruments

    Binary Options, shares, commodities,

    currency pairs, cryptocurrencies, etc.

    Demo

    Yes

    Min Deposit

    $1

    Payouts

    100%

    Start trading Read review
  • 22
    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:

    Regulation

    FINRA (USA) & SIPC (USA)

    Trading Platform

    ETNA white label program

    Instruments

    Cryptocurrencies, 

    Metals & raw materials.

    Equities & options, etc.

    Demo

    Yes

    Min Deposit

    $500

    Start trading Read review
  • 23
    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:

    Regulation

    CySEC & FCA

    Min. Trade Price

    $0.01

    Leverage

    1:1-1:300

    Trading Platform

    MT4 & LCG Trader

    Instruments

    Currency pairs, indices,

    Bonds, ETFs, CFD, etc.

    Demo

    Yes

    Min Deposit

    $100

    Payouts

    87%

    Start trading Read review
  • 24
    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:

    Regulation

    FINRA & SIPC

    Min. Trade Price

    $0.01

    Trading Platform

    MT4 & Ally Invest Forex

    Instruments

    Futures, currency pairs,

    Indices, stocks, etc.

    Demo

    Yes

    Min Deposit

    $1

    Payouts

    85%

    Start trading Read review
  • 25
    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:

    Regulation

    NFA, FINRA & SIPC

    Min. Trade Price

    $1

    Bonus

    60 days free maintenance

    $ 600 for advertising

    Trading Platform

    Trade Architect, Web Platform and Thinkorswim

    Instruments

    Currency pairs, indices,

    Bonds, ETFs, etc.

    Demo

    Yes

    Min Deposit

    $50

    Payouts

    83%

    Start trading Read review
  • 26
    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
  • 27
    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:

    Regulation

    FINRA, SIPC

    Min. Trade Price

    $0.01

    Trading Platform

    E*Trade Pro, E*Trade FX, Etrade.com, Market Trader and OptionsHouse

    Instruments

    Currency pairs, indices,

    Bonds,ETFs,futures,stocks, etc.

    Demo

    Yes

    Min Deposit

    $500

    Payouts

    90%*

    Start trading Read review
  • 28
    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
  • 29
    Mercatox – Electronic P2P Exchange Review

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

    Min. Trade Price

    $1

    Bonus

    Yes

    Instruments

    Financial assets

    Exotic cryptocurrencies

    Demo

    Yes

    Replenishment/Withdrawal methods

    OKPay, 

    Payeer, Yandex, etc.

    Min Deposit

    $1

    Payouts

    97%

    Start trading Read review
  • 30
    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
  • 31
    Saxo Bank – broker review

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

    Regulation

    Danish Financial Supervision Authority

    Min. Trade Price

    $0.01

    Trading Platform

    SaxoTraderGO&SaxoTraderPRO

    Instruments

    Currency pairs, indices,

    Bonds, CFDs, etc.

    Demo

    Yes

    Min Deposit

    $10,000

    Payouts

    87%

    Start trading Read review
  • 32
    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:

    Regulation

    Netherlands Authority for the Financial Markets (AFM)

    Min. Trade Price

    $1

    Instruments

    Currency pairs, indices,

    stocks, raw materials, 

    binary options, etc.

    Demo

    Yes

    Min Deposit

    $50

    Payouts

    90%

    Start trading Read review
  • 33
    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
  • 34
    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
  • 35
    RingoTrade – trade binary options in Kyrgyzstan

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

    Regulation

    Non-regulated

    Min. Trade Price

    $0.7

    Instruments

    Cryptocurrencies, stocks, indexes.

    Demo

    Yes

    Min Deposit

    $0.07

    Payouts

    92%

    Start trading Read review
  • 36
    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 Platform

    Decentralized Platform

    Demo

    Yes

    Payouts

    The 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

*The amount that will be credited to the account in the case of a successful deal

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

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

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

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

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

«Binary options simple trading !»       AUTOTRADING

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