Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!
Not all of the binary options brokers we recommend are regulated, but a fair few of them are. Regulation alone does not create trust, but it certainly is an important consideration. What does it mean to say that a binary options broker is “regulated”? Quite simply, it means they are licensed by a relevant financial authority to operate as trade brokers. This is not the same thing as simply having a license to do business in their countries!
A lot of brokers will refer to a business license as if it is the same thing as regulation, but it is not.
Here are the regulated binary options brokers that we recommend:
- 24option: USA traders are not accepted. Licensed and regulated by CySEC, license #207/13. This was one of the first binary options brokers we ever recommended. Trade High/Low, One Touch, Boundary, and Short Term options, and take advantage of a lot of great training resources and trade tools.
- MarketsWorld: USA traders ARE accepted. Licensed and regulated by the Isle of Man Gambling Supervision Commission (GSC). License issued 6 April 2020. This is a unique binary options site where you can trade as little as $1. It does not get more flexible than that. They also offer extremely competitive returns.
- NADEX – 100% legal and regulated by the CFTC. U.S. Citizens only. (See my NADEX fact sheet here. If you are concerned about getting ripped off by a scam broker then you should open an account with NADEX and learn how to trade there. Full regulation by the USA’s CFTC.
- IQ Option: USA traders are not allowed. Licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license #188/13. Additionally, IQ Option has reached out to financial authorities in almost all the member states of the EEA and has informed them that they offer services to residents of those states. IQ Option was not only one of the first binary options brokers to get regulated, but is also one of the first to be dedicated to working closely with financial authorities throughout Europe. IQ provides plenty of trade types and offers some of the most comprehensive training resources in the industry.
- BinaryRobot365: USA traders are allowed. Licensed and regulated by CySEC, license #216/13. This binary options robot allows you to trade High/Low, Boundary, One Touch, and Short Term trades with a huge number of brokers. Check out their site for amazing member benefits.
- Binary Mate: USA traders are allowed. Licensed and regulated by CySEC, license #092/08. Trade High/Low, One Touch and 60 Second options. Their platform also includes Option Builder and Pro Option. Resources include webinars, video tutorials, a guide to market indicators, and more.
- BOL Financial: USA traders are allowed at this infamous sportsbook licensed and regulated in Curacao. This broker offers High/Low options and 60 Second options, amazing resources, and a ton of exciting promotions and bonuses.
Just who are these financial authorities, aka the Regulators?
- Cyprus Securities and Exchange Commission (CySEC): This is the financial regulatory agency of the Republic of Cyprus where numerous binary options brokers are based. They operate under the European Markets in Financial Instruments Directive (MiFID). MiFID regulates investment services across the European Economic Area (EEA) which includes the EU and a few other countries. CySEC’s requirements for regulation are a little looser than a lot of other European financial regulators, but the fact that they operate under MiFID means that customers throughout Europe can trade on licensed sites and enjoy CySEC protection.
- Isle of Man Gambling Supervision Commission (GSC): This is an independent corporate body founded in 1962. The commission protects gamblers online by ensuring that services offered by license holders are crime-free, legitimate, and fair. You may be familiar with the GSC if you have ever played at online casinos; the popular casino PokerStars is another license holder which is regulated by the GSC. While binary options trading is an investment activity, it carries a high element of risk, which means that it overlaps with the gambling industry. This is why the GSC is a suitable regulatory agency.
- Malta Gaming Authority (MGA): Like the GSC, the MGA is an independent regulatory body responsible for overseeing and governing online gaming activities as well as traditional offline gambling in brick-and-mortar establishments.
Other key players:
- US Securities and Exchange Commission (SEC): This is a financial agency in the USA responsible for enforcing federal securities laws, regulating the industry, and overseeing the stock and options exchanges in the country.
- US Commodity Futures Trading Commission (CFTC): This independent regulatory agency was established in 1974, and regulates the option and futures markets in the USA.
While you are not going to see binary options brokers regulated by either the CFTC or SEC, you will see their names plenty. They don’t take too kindly to binary options brokers because of the huge quantity of scams out there. This unfortunately causes them to shut out legitimate companies from doing business with USA traders as well.
Benefits of Regulation
Let’s talk about the benefits of dealing with a regulated binary options broker. Why is it important? The main reason to do it is because it can provide you with confidence and trust in your broker. Each broker that is regulated by CySEC or another financial authority is meeting the stringent requirements to hold a license. Those requirements protect you, the trader. They ensure you are being offered a quality product and that the market prices you are receiving are fair. They also ensure you will receive your winnings in a timely fashion.
Disadvantages of Regulation
Are there any drawbacks to regulation? Unfortunately, yes. Despite the fact that regulation can be a great asset which protects the trader, it can also make it impossible to trade if you happen to be located in the USA. CySEC is particularly strict about this, and will not permit their regulated brokers to offer services to USA customers at all.
This all has to do with regulations by the CFTC and SEC. In theory, those regulations should only stop US traders from dealing in currencies and commodities on binary options platforms (not stocks and indices), but the CFTC has dealt pretty harshly with some legit companies in the past. As a result, most regulated brokers err on the side of caution. That is why the only binary options broker on the list above that allows USA traders is MarketsWorld, which notably is not regulated by CySEC.
What do we recommend if you are a USA trader? Thankfully there are some great binary options brokers out there that are intent on continuing to offer their services to traders in the US. Some of these include unregulated brokers like Boss Capital, Redwood Options, and CherryTrade. And do not forget that you can always trade at MarketsWorld, which is a great choice anyway, since they offer such flexible services.
No matter where you are located, there are a handful of excellent websites where you can trade binary options online safely—regulated or not. Check out our list of Top Brokers and click through to view detailed reviews on each. Happy trading!
Last 24Option review update: 21st July 2020 24Option Overview Cyprus based 24option was founded in 2020 and this company is currently considered to be one of the most highly regulated… more
|Headquarters||Cyprus ( EU )|
|Support Types||Email , Live Chat , Phone|
|Languages||English , German , Spanish , French , Italian , Danish , Swedish , Japanese , Arabic , Russian|
|Minimum 1st Deposit||$250|
|Minimum Account Size||$250|
|Minimum Trade Amount||$24|
|Payout||Up to 88%|
|Free Demo Account||Open Demo|
|Regulation||Authorized & Regulated by CySEC ( Cyprus, EU ) License Nr. 207/13|
|Account Types||Basic , Silver , Gold , Platinum , Diamond|
|Deposit Methods||Credit Cards , Skrill , Wire Transfer , Neosurf , CashU , Qiwi , Astropay , Neteller , Paysafe , Moneta|
|Type of Investments||currencies, stocks, indices, commodities|
|Option Types||High Low , 60 Seconds , Boundari , Touch|
|US Traders Allowed|
- World’s Top Binary Options Broker
- EU Regulated
- Up to 88% Payout
- Excellent Customer Support
- Free Withdrawals
- Free Demo Account
- Personal coach
- They don’t accept traders from USA , Australia and British Columbia / Ontario ( Canada )
Last 24Option review update: 21st July 2020
Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!
WARNING! Binary Options not available
Binary options product is not longer available on 24option platform for new clients.
Cyprus based 24option was founded in 2020 and this company is currently considered to be one of the most highly regulated binary options brokers in the Eurozone economic area.
24option was founded with the vision of offering a very easy to use binary options trading platform that will enable traders to focus on making profits in a way that minimizes the underlying technical and administrative aspects of trading in an international market like the global currency market.
24option is a highly regulated broker. They are primarily regulated by the CySEC (License No. 207/13). But, they also comply with a number of regulatory authorities from around the world, including the Financial Conduct Authority (FCA) in the UK, Comision Nacional Del Mercado de Valores in Spain, Comision Nacional Del Mercado de Valores in Italy, Securities Market Agency (ATVP) in Slovenia, Federal Financial Supervisory Authority (BAFIN) in Germany, and Banque De France (BDF) in France.
24option’s trading platform was developed to offer binary options trader an easy to use trading interface that offers the most advanced technical function in the industry.
Unlike many primitive binary options brokers, 24option actually show traders if the trade is currently “in the money” or “out of the money.” This function allows traders to keep track of their open positions and help manage their risks and exposure to the account in real time.
Currently, 24option offers a range of assets in binary options trading, such as indices, currencies (Forex), stocks and commodities. They also added a lot of great educational content on the platform so that users do not have to open additional browser windows or waste time looking elsewhere to find the content they are looking for.
24option has also made extensive investments in developing a state of the art mobile trading platform that is available for free download to registered users in both Apple Store and Google Play.
Assets Offered by 24option for Trading
24options offer a wide range of Forex pairs for trading, including, EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, USD/JPY, USD/CAD, USD/CHF, EUR/GBP, AUD/USD, AUD/NZD, NZD/USD, AUD/CHF, AUD/CAD, AUD/JPY, EUR/AUD, CAD/JPY, CHF/JPY, GBP/CAD, GBP/AUD, NZD/JPY, EUR/CHF/ CAD/CHF, EUR/CAD, GBP/CHF, NZD/CHF, USD/ZAR, EUR/TRY, USD/TRY, USD/NOK, EUR/NOK, USD/SEK, USD/MXN, and USD/RUB.
In fact, 24option is one of the few brokers who offer some of the most exotic currency pairs as assets for binary options trading, such as USD/RUB.
In addition, 24option also offers commodity options assets like Oil, Gold, Silver, Gold/EUR, Gold/JPY, Platinum, Copper, Coffee, Corn, and Sugar on their platform.
Besides, currencies and commodities, binary options traders can also enjoy trading stocks (equities) like Sony, ANZ, BP, Royal Dutch, Tesco, and even Indian companies like Tata Motors Ltd! They also cover indices and popular stock index, such as Dow Jones 30 Future, S&P 500 Future, FTSE 100 Future, and Bombay 30, etc.
Types of Accounts
24option’s short term High/Low options range from 2 to 5 minutes and their classic High/Low options are designed for a bit longer term traders. Currently, 24option’s platform offers four different types of options to trade 1) High/Low, One Touch, Boundary, and Short Term options.
24option currently only offers different types of binary options real account and traders can use the same platform to trade all the different types of assets and associated options available in their platform.
The types of accounts offered by 24option include Basic, Silver, Gold, Platinum, and Diamond. The difference between these types of account are mainly a number of features offered by the broker and payout ratio, which ranges from 82% in the Basic account to 88% in the Diamond account.
Minimum Deposit Requirements / Promotions
24option makes it really easy to start trading binary options as they require only a $250 minimum deposit, and $24 minimum trade to open an account with them.
24option offers different fixed payout ratios for its five types of accounts that ranges from 82% to 88% payout for profitable trades.
However, the payout ratio for different timeframes also varies greatly, where the longer time frames tend to offer gradually less payout compared to short term ones.
Deposit and Withdrawal Methods
24option offers several funding and withdrawal option for binary options traders, including major credit cards (Visa, MasterCard, Discover), Wire Transfer.
24option also supports deposit and withdrawal via a handful of online payment processors like Skrill, Neteller, Qiwi, AstroPay, Sofort, and WebMoney.
During funding and withdrawals, 24option imposes certain terms for different types of account holders. For example, for Platinum and Diamond account holders all withdrawals are free. But, Gold account holders can make only one withdrawal for free every month, where Silver and Basic account holders can make one withdrawal for free, but have to pay a withdrawal charge.
24option charges 3.5% fee for withdrawing via credit cards, Skrill and Neteller, and has a $30 wire transfer fee for Basic and Silver account holders.
Customer support is something 24option takes very seriously and they consider helping traders a part of their overall value proposition.
During our research, we asked the customer service representative over live chat a list of questions for almost 30 minutes and received prompt answer to all of our concerns.
Besides live chat, traders can also reach customer support via email at [email protected] and call them at their Cyprus office during office hours.
24option also have offices throughout Europe and Asia and lists phone numbers for all their offices, including the UK, China, India, and Malaysia on their website’s contact page.
24option’s headquarter is located at 39 Kolonakiou Street, Ayios Athanasios, Limassol- 4103, Cyprus.
24option review: Summary
24option happens to be one of the highly regulated binary options brokers and they follow strict guidelines from major European financial regulatory authorities. Also, client funds are held in a segregated account to protect against risks.
24option understands that binary options trading is becoming popular in emerging markets and they have opened several offices in some of their key geographic markets to help traders find answers to their questions in their native language.
However, 24option’s main market is in Europe and they have volunteered to meet some of the strictest regulations in over 10 European countries in order to expand their business in the continent.
If you are looking to trade binary options with a popular broker with a great reputation who also offers a great trading platform in a highly regulated environment, then 24option could be the company that you have been searching for.
Binary Options Brokers and Platforms – Reviews and Comparison
We have compared the best regulated binary options brokers and platforms in April 2020 and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The sortable broker comparison list below shows which binary trading sites came out on top based on different criteria.
You can sort the list using payout (maximum returns), minimum deposit, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best trading platform for you, as this will often come down to your personal requirements and needs.
Top Brokers in Russia
|Spectre||$10 (ETH)||Up to 200%*||» Visit|
|OptionField||$5||93%||Pro Account Discount and 10% Cashback||» Visit|
|Nadex Exchange||$250||100%||» Visit|
|RaceOption||$250||90%||100% Deposit match bonus||» Visit|
How to Compare Brokers and Platforms
In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from Russia. Here at binaryoptions.net we have provided a list with all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:
- What is the Minimum Deposit? (These range from $5 or $10 up to $250)
- Are they regulated or licensed, and with which regulator?
- Can I open a Demo Account?
- Is there a signals service, and is it free?
- Can I trade on my mobile phone and is there a mobile app?
- Is there a Bonus available for new trader accounts? What are the Terms and
- Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?
- Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices and stocks – and how many of each?
- Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of day, long term etc?)
- How much is the minimum trade size or amount?
- What types of options are available? (Touch, Ladder, Boundary, Pairs etc)
- Additional Tools – Like Early closure or Metatrader 4 (Mt4) plugin or integration
- Do they operate a Robot or offer automated trading software?
- What is the Customer Support like? Do they offer telephone, email and live chat support – and in which countries? Do they list direct contact details?
- Who has the best payouts or maximum returns? Check the markets you will trade.
We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review.
Regulated Binary Brokers
Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.
|Binary.com||Malta GA||BO, CFD|
|IQ Option||CySEC||BO, CFD, Crypto, Forex|
|BDSwiss||CySec||BO, CFD, Crypto, Forex|
|24Option||CySEC||BO, CFD, Crypto, Forex|
|Nadex Exchange||CFTC||BO, Forex|
Leading regulatory bodies include:
- CySec – The Cyprus Securities and Exchange Commission (Cyprus and the EU)
- FCA – Financial Conduct Authority (UK)
- CFTC – Commodity Futures Trading Commission (US)
- FSB – Financial Services Board (South Africa)
- ASIC – Australia Securities and Investment Commission
There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.
Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.
Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade . Whatever the form of bonus, there are terms and conditions that need to be read.
It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt out’ of taking a bonus.
Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over trade’. If the bonus does not suit you, turn it down.
Binary options demo accounts are the best way to try both binary options trading, and specific brokers’ software and platforms – without needing to risk any money.
You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best. It can also be useful to have accounts at more than one broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset.
Demo accounts offer the best way to try out a brand, risk free. Likewise if we recommend a brand, you can try it first, before risking anything.
Low Minimum Deposits
If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders just looking to try binary options, a low minimum deposit broker might be best. A small initial deposit keeps risks low. Minimum deposits start at just $5 and there are a growing number of brokers offering low minimum deposits – “low” would be any minimum under $50.
Likewise, all brokers will have a minimum trade requirement or trade amount too. These can vary greatly between platforms. Minimum trade figures range from $1 to $25 – which is a large difference if a trader plans to trade frequently. For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade.
One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the underlying asset being traded, and the expiry time of the option. In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout.
So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often. Demo accounts are good when researching payouts on specific assets and trades.
Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare. In general, exchange traded options offer superior value. Nadex are one example of an exchange.
So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade.
Which is the Best Binary Trading Platform?
Naming the best trading platform is not easy, simply because trading platforms and proprietary (bespoke) software are normally a question of personal taste. One user might like a simple layout, while others might need a lot of data on screen all the time.
However, platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, brands which offer Contracts for Difference (CFDs) in addition to binary options, deliver a more feature-rich trading platform or advanced software.
So the likes of Nadex and IQ, will deliver a very professional trading platform. MetaTrader integration is also normally provided at the more professional brokers (Some use both mt4 and mt5 functionality) . This difference in quality is evidence of the maturity of binary options as a product, but binary brands will catch up very quickly.
Intro To The IQ Option Platform
How do Brokers Make Money?
Binary options brokers make money via one of two business models:
- As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘Over the counter’ (OTC)
- Via a spread or commission on an exchange traded model
People who have experience of other forms of trading, and are now approaching over-the-counter (OTC) brokers for the first time may find themselves asking the question: “Where is the commission?”.
With OTC binaries however, there is no commission. In theory, the term ‘brokers’, is not correct. Binary firms are not arranging a deal or acting as a middleman, or as a market maker; What they are, is the counter-party to each of their customers’ positions. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection. In certain circumstances, the broker will also hedge it’s own position to mitigate risk.
Those companies (Nadex, for instance) that trade binary options via an exchange operate much more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman – matching buyers with sellers and charging a commission. This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Brokers can be actively compared using the spread – the tighter the spread (difference between buy and sell prices) the cheaper it is to trade.
Brokers using the spread model often also offer leverage, or trading on ‘margin’ via their software. This increases the trade size for the trader – and profit for the platform.
Should You Use Multiple Brokers?
There are some very good arguments for having more than one binary trading account:
- Brokers suit certain trades. Different brokers will suit different trading styles, or trade types. So one broker might be excellent for shorter term trade types, and have great payouts on forex pairs. But that same brand may be slightly less good when it comes to offering boundary trades or indices payouts. If a rival had a full set of long term expiries with great payouts, and lots of choice of boundary trades – it makes sense to have accounts with both platforms, and place trades with the broker that offered the best deal for each trade.
- Demo accounts. Multiple demo accounts makes perfect sense – you want to try as many brokers and trading platforms as possible before deciding where to trade.
- Reduce risk. Accounts at more than one broker protects you from any issues with a particular firm. From issues as serious as insolvency, to smaller things, like website downtime, software issues or a market being closed – multiple accounts reduces your risk of being affected by any hardship a broker might face.
- Multiple offers. Each sign up can mean a new bonus, so it might be worthwhile taking up more than one account to receive all the offers. As ever, read the terms – and also note that on occasion, larger deposits might mean larger bonuses – so splitting them may not be the best choice.
- Spread winnings. Some brokers may look for winning traders on their books, with a view to restricting their trading, perhaps limiting trade size – or worse. While this threat is thankfully small, multiple accounts means spreading the winnings out. Most brokers will search for “winners” based on total profit rather than strike rate, so hiding the volume across broker accounts can help you stay below their radar.
Exchange versus OTC (Over the Counter) Brokers
A broker that offers an exchange is much closer to a traditional ‘broker’ than OTC brokers. An exchange performs the job of ‘middleman’. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices – if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise.
A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves (unless the traders are trading on credit). The broker will make their commission on the trade regardless of the outcome.
Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time (to take a profit or reduce losses).
The complications with exchanges, comes from the structure. An exchange traded binary option will “trade” somewhere between 0 and 100. Where 0 is the figure used where an event did not occur, and 100 where it did. If the current price is currently 30, a ‘buyer’ would risk 30 times his trade size, to potentially win 70. A ‘seller’ therefore, would risk 70 to win 30. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.
OTC (Over The Counter) Brokers
The most common type is the Over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits.
Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking. It is therefore likely to be lower than an exchange traded broker. Some firms will also have built in ‘hedging’ mechanisms to reduce risk further. In some cases, one side of trade might be made unavailable if liabilities get too large.
The simplicity of binary options is retained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values for options, allowing traders to close positions early, and set up stop losses. Once those features become common the gap between OTC and exchanges will get smaller. For now, traders are better off trading on an exchange – but might be advised to learn the differences via demo account.
Have you had a problem with your broker? Submit a complaint
Deposit and withdrawal options do vary at each brokerage. Each of our reviews will explain which each firm offer, but below is a list of the most common options.
If you are looking for brokers that support a specific payment method:
- Wire Transfer
- Credit cards / Debit cards
All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers:
- Several financial assets spread across several markets
- Offers a reasonable bonus with a good payout approaching 90%
- Offers flexible expiration dates without boxing traders into very long expirations.
Trading using a broker’s platform will only be enjoyable, and profitable, if you are using a reputable operator. You also need to choose one that suits your trading style best – only you will know what that is. Read the above binary broker reviews carefully before making that crucial trading decision, but remember you are not tied in to any single broker, and can pick and choose.
Best Binary Options Broker 2020!
Free Trading Education!
Free Demo Account!
Perfect for Beginners!
2 place in the ranking!