The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Get Your Sign-Up Bonus Now!
Good Broker For Experienced Traders!
Best Binary Option Brokers 2020 – Top5
Online binary options traders will agree that choosing the right broker is one of the important things you can do to increase chances of succeeding as a trader.
There are hundreds of brokers to choose among. However, finding the best options broker will require you take into account various factors.
These include considering things like whether they’re fully regulated, payment methods accepted, financial instruments on offer and minimum trading amounts among others.
But sifting through dozens of brokers to find the right one for you could require several days of online research. To allow you to cut down on this time, we’ve created this detailed review.
10 of the best binary options brokers operating online today.
Each broker was selected based on several criteria. These include:
Popularity among online traders Countries where they are popular Regulatory bodies Tradable financial instruments on offer Accepted payment methods Whether they have a binary options demo account Trader friendliness Deposits, effective returns and withdrawals . and many more
You can also click on a specific broker to read a more comprehensive review of the broker.
So here it goes.
This is one of the new entrants in the binary options market. Launched in 2020, Olymp Trade has its headquarters in Russia.
This options broker is regulated by the Financial Markets Relations Resolution Center (FMRRC). They’re also a member of the International Financial Commission (FinaCom).
Getting started with Olymp Trade is easy because the broker offers a demo trading account with RUB 10,000 virtual cash. The broker accepts payments made via wire transfer, credit card and eWallets like Skrill.
If you decide to join this broker, you will need to choose between a Standard Account and a VIP account. For the Standard Account, you’ll only need to make a minimum deposit of $10.
For a VIP Account, you’ll need at least $2000. The minimum you can invest in a single trade is $1 and you can earn an effective return of up to 90%.
Each trade can run for as long as 1 hour and losing trades can be exited at any time to minimize losses. Their list of tradable assets is currently under 20.
Withdrawals are processed fast and will usually reflect on your account within 5 days. Currently, Olymp Trade is most popular in the following countries: the Russian Federation, Thailand, Brazil, Indonesia and Turkey.
The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Get Your Sign-Up Bonus Now!
Good Broker For Experienced Traders!
|Broker’s Name||Minimum Deposit||Deposit Bonus||Maximum Gain||Minimum Position||Regulation||More Info|
|$250||50%||85%||$20||CySEC||Visit site||$5||30%||None||None||None||Visit site||$200||None||81-85%||$5||CySEC||Visit site|
|5||$1000||Up to 100%||86%||$250||None
Binary Options Brokers Reviews
For those looking to trade something familiar and exciting from the comfort of their home, Stockpair may be the perfect broker. Stockpair was founded in 2020 and is regulated by IFSC out of Cyprus. Much like Forex trading which pits one currency against another, Stockpair allows traders to trade binary options or stock pairs against each other on straightforward, technologically advanced binary and stock option platforms. There are some generous bonuses at Stockpair that are worth checking out.
Ayrex is a binary option broker established in 2020 and operated by Advanced Binary Technologies Ltd. Its main office is located in St. Kitts and Nevis. Ayrex believes that simplicity is the way to go and they have built their website to make it as easy to navigate as possible. This simplicity is extended to the trading platform which has a user-friendly interface with simple Call and Put buttons, ultra-fast trade execution, flexible trading, and a wide variety of trading tools.
10Trade is a binary options brokerage owned by Holiway Investments Limited. Holiway was one of the first companies to offer its clients a fully licensed and registered binary options program with regulation by the Cyprus Securities and Exchange Commission (CySEC). Its customer support is responsive 24/7 via Chat, email or toll free phone numbers and representative are around to provide personal guidance for every trader. Both support and the platform are available in 11 languages.
Option500 is a binary option broker domiciled in London, U.K. offering traders the opportunity to trade currencies, stocks, commodities, indices and pairs. Option500 has offices in several locations and offers customer service 24/7. It opened its doors in 2020 and has already received several awards for outstanding service. The layout of Option500 is clean, informative and easy to understand. The tools, resources, charts and asset listings are of good quality and high standard and are conveniently located on the site. There is quite a lot of educational material with a wide variety of videos and a Trading Academy for holders of the Pro account.
Boss Capital is a relative newcomer to the binary options market but it has already become a leader in a very short time. Domiciled in the United Kingdom, Boss Capital maintains satellite offices in close to thirty different countries across the globe. They offer over 200 assets for trading including binary options on commodity futures such as Platinum, Gold, Silver, Corn, Coffee and sugar and is one of the few binary options brokers that offer boundary options which are great for trading economic releases.
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Top 10 Binary Options Brokers : List of best trading Brokers Websites
Below you will find out listing of the top 10 Binary Options broker sites, to ensure you find one that suits your exact needs you will find listed their available markets, minimum and maximum trading limits plus the minimum deposit amounts you can make into each respective site.
We have also got in-depth reviews on several of our featured Binary Options Brokers so please do have a good look around our website.
From USA? Checkout our exclusive list of the Binary Options Traders and Brokers for America
* Amount to be credited to account for a successful trade
Do you want to learn to how to trade binary options, or looking to find out how binary options trading works.
Licensed Binary Options Brokers
We do operate this website to the very highest of standards and one thing that our team are great believers in is having in place a very strict set of guidelines and criteria when it comes to deciding just which Binary Options Brokers to showcase to our website visitors.
As such, I am happy to let you know that every single one of the top 10 Binary Options Brokers site you will see listed and fully reviewed upon this very website each have a full and valid Brokers license and are fully regulated too.
With that in mind you are always going to find each of those Binary Option Brokers sites along with their respective apps are operated to the very highest and most robust of industry standards which is turn will ensure any real money trading session you have at those Brokers sites or apps will be an enjoyable and first class experience too.
But please do make up your own mind as to just which of our top 10 Binary Options Brokers you utilize their services of, for there are lots of additional benefits on offer to you at each of them, as you will discover when you read through their respective reviews.
Popular Trade Types
Never get too overwhelmed with the sheer number of different Binary Options trades that you can place online or via any traders mobile app, for you should always be prepared to take a step back and discover how every single type of trade can be placed and how they have been designed too.
Boundary Binary Options – If you are interested in trying out some Binary Options traders that can and often do offer the best and very highest paybacks then I would advise you to study the makeup and designed of Boundary Binary Options.
Asset Trades – I do think its fair and very true to say that the most interesting of all Binary Options trades available these days are the ones that are based around assets, and boy are you going to be spoiled for choice when placing any type of Assets Trade.
Currency Pairs Trades – You may end up having a love or hate relationship with Currency Pairing Trades, for you will need to keep your nerve when pacing them and correctly predict the way in which one currency is going to move against the other one you have chosen to include in such trades.
Top 10 Trading Options
I just know that if you do have a very keen interest in business and finance then you are going to have an absolute ball and a very enjoyable time when you do set about placing Binary Options trades online or on any traders app.
If you do want to experience the delights of placing any of the above types of Binary Options trades then a free no risk demo trading account will allow you to place any of them in a risk-free type of way and work out whether you will then go on to enjoy placing such traders for real money, which you can of course switch over to doing at any time of your own choosing by the way.
Binary Options Trading Bonuses
You will have a decision to make as soon as you do decide to sign up to any of our approved and highly rated Binary Options Brokers sites or apps and that will be whether to make use of their sign-up welcome bonus offers.
Each Broker will offer such a welcome bonus when you first sign up to their respective Broking platform or app, but they are optional bonuses so it will be your decision to make ultimately whether to get the bonus fund and bonus credits added to your account or not.
If you do remain loyal to any of them I would also like to point out that they are also going to be giving you a access to plenty of ongoing bonuses and promotional deals too, so you are always going to be able to maximize the value of your trading bankroll when utilizing the services and offers available at those featured Binary Options Brokers.
The true art of being able to place profitable Binary Options trade is by knowing just when the very best time to place such tares will be, and also just which type of trade you will be best off placing at any time and just how long to have a Binary Options trade in place for too.
You are going to find that you can place some very short term Binary Options trades which can last for seconds such as 60 seconds trades but you are also going to be given the opportunity at our feature and approved Binary Options sites of placing some rather long term Binary Options traders too
I will leave it up to you however to decide just which Binary Option Brokers sites or apps to make use of, however you will need to get a very good grounding and understanding of just how such trades work and operate too.
To that end, what you will see above is a short video which I do actively encourage you to watch, as by doing so that video will walk you through the basics of placing Binary Options traders and in no time at all I am more than confident that you will be happy and willing to place such trades too.
Best Binary Option Broker
Featured Binary Options Brokers
Recommended Binary Options Broker
High Trading Limit Binary Options Broker
Variable Purchase Limits Binary Options Broker
Low Purchase Limit Binary Options Brokers
Frequently Asked Questions
One thing that you do need to be aware of is that you will be required to be at the very least the minimum legal age to place Binary Options trades, and as such you will find out just what those requirements are on the website of each Binary Options Broker.
Be also aware that as part of the legally required Know Your Customer checks all Binary Options Brokers must perform on their new customers you may be asked to supply copies of your identification documents and a recent utility bill when signing up to a Brokers site or app.
You may be wondering if it is going to be too difficult to learn how to place Binary Options trades such as Assets based ones, well believe me when I tell you that you will soon discover just how easy such traders are to place.
In fact, when you look around this website or visit any of our approved Binary Options Brokers websites you are going to have access to a huge array of trading guides and articles, which I would suggest that you do try and make use of to further your knowledge of Binary Options trading.
As for just how much in profits you can make when placing any types of Binary Options trades, it will all be dependent on the types of trade you place and the pay-outs and paybacks each individual Broker is offering you.
Top Ratings & Reviews of Best Binary Options Brokers & Trading Platforms
Before we get to scrutinize the top brokers in the industry, let’s get a quick understanding of what binary options are and what they entail. A binary option is a financial exotic option where payoffs are either cash or nothing or asset or nothing. Further, to help you get a clear understanding; binary options are deceptively one of the simplest trading platforms for low-skilled traders. This is simply because of their easy to grasp criterion of functionality. The most commonly traded instruments in binary options are the high-low and the fixed-return option.
These instruments will give you access to foreign exchange, indices, commodities, and stocks. Also, these options will have a clearly stated time, expiration date, and their strike price. If you make a correct prediction on the market’s direction before the given time, you are paid a fixed return. Conversely, if you make an incorrect prediction, you lose your original investment. So, binary options are all about studying the market and being smart on your prediction in order to thrive in the industry.
However, how do you know the right binary options platform to use in your trading? Why is it important to choose the right broker? Stick along to find the answers in this review.
Why is it so important to choose the right broker to trade binary options?
The answer to this question lies in being able to withdraw your money regardless of the many fraudsters and scammers in the industry. With the large number of trading platforms seeking to make a name in the industry, finding a trustworthy broker can be a daunting task. You might find a platform in an advertisement somewhere on the Internet or maybe read in a magazine and decide to give it a shot.
You successfully make a deposit, perform some trades, and win. However, you realize you cannot make a withdrawal and the platform is just playing tricks on you. So, does it mean you can’t bring into realization your dream of being a professional trader?
You only need to be smart to win your trade and twice as smart to choose the right binary options platform. After all, no one wants their hard earned money to fall into the hands of scammers and fraudsters. So, how do you go about choosing the right broker? There are several key things you should put into considerations when looking for a broker as shown below:
5 tips and tricks to saving your money
If you are a trading enthusiast perhaps you have heard the phrase “plan your trade; trade your plan”. This scenario helps you keep your loses at the lowest level. However, for a new trader, these tidbits of information might seem irrelevant or a distraction rather than an auction advice. Nonetheless, do not shy off as we have compiled several tips and tricks to ensure you are successful in the trading world.
Follow these rules and your success will be inevitable:
Rule no.1: Treat trading like your business
Firstly, you should realize that any business with an initial investment should be treated seriously. Otherwise, you might end up losing it all. Whether you are doing it as a hobby or business it definitely requires all your attention. Also, put into consideration that, like any other business, it can be expensive to run, maintain, and you might, sometimes, incur losses, expenses, stress, risks, and taxes.
Rule no.2: A trading plan is crucial
Everything that will require you to dig deep into your pockets requires a plan, right? Of course, with trading, you have to be equipped with all the tools needed to propel you to success. One of the key tools is a concrete trading plan. However, what is a trading plan? It is simply a written set of tools that determines your entry, criterion involved in your money management, and your exit. With a well-developed and back tested plan, good results will be inevitable.
Rule no.3: Secure your trading capital
If you don’t want to lose your capital, then you should protect it at all cost. You can do so by saving money to fund your account. Since all traders incur loses- it is part of the business. Typically, protecting your capital entails more on not taking unnecessary risks and doing all things possible to ensure your preserve your trading business.
Rule no.4: Use a stop-loss option at all times
In any business, no one likes to incur losses. Luckily, with the trading business, you get to set your own losing limit using a stop-loss option. This means that if your set trade goes below the set limit the option will immediately settle your trade, therefore, saving you from incurring more losses.
Rule no. 5: Trade only what you can afford to lose
It goes without saying that you should only part of only what you can afford to lose. Typically, trading is more of the same as gambling, which means that you don’t have a guaranteed profit trend. Losing your money can be traumatic, especially if the capital used should not have been risked in the first place.
Top 5 platforms to trade binary option in 2020
This is one of the fastest growing binary options. It was established in 2020 and by 2020 it had registered approximately 30 million active traders. If you are just dipping your feet in the trading world, you will find IQ Option to be quite reliable as it is specially designed in the favor of new traders. However, this does not mean you cannot benefit as an experienced trader, you can make the most out of the website’s numerous trading markets. Many have tried it and experienced positive results, why don’t you give a shot?
The new yet ambitious platform Olymp Trade is quite reliable due to its ability to combine innovative tools and industry practices that are aimed at delivering top-notch services. It has a demo account, plenty of analyzing tools, and numerous markets to trade from.
Binary.com perhaps one of the oldest binary options in the industry. It was established in 1999. It has very flexible trading conditions that always put the client in the control of their most tradable assets.
Although this platform has little or no information, it is registered and certified by CROFR, a Russian regulatory institution. However, the institution itself has no international recognition, which makes Binomo to be considered as unregulated. Note that from their client’s feedbacks, the platform does not meet the contemporary customer needs.
This platform began its operations in 2020. It has very simple tools that are designed to enhance a traders experience in the platform. As a new player, you get to enjoy a demo account to reduce your chances of losing.
Best Binary Options Brokers 2020: