Top 10 Binary Options Brokers – Best Trading Brokers

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Binary options contracts are options contracts that attract either a predetermined amount of money (in the case of successful outcomes) or nothing at all (in case the prediction happens to be wrong). As such, the basis of binary options trading is as simple as making a yes or no decision. It is its simplicity that has made it very popular.

In order to invest in the binary options market, one of the first decisions that you have to take is opening an account with a binary options platform provider, also referred to as a binary options broker. This could be a challenging task, especially if you are new to the market. This is because there are a number of brokers out there in the market. While some are genuine, some others are scammers. And, it goes without saying that you need to work with the best binary options brokers in order to achieve your financial goals. Read on to find out how you can identify the best binary options brokers.

Best Binary Options Brokers 2020

Risk Warning : The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Regulation is probably the first aspect you should look for when choosing the best binary options broker to work with. Regulated binary options brokers are definitely more reliable than those that are not regulated. Such brokers keep your (traders’) money and their money in separate accounts. Moreover, they would be capitalized as stipulated by the regulator. All these mean that your money will be safe with regulated brokers. Therefore, it makes sense to work with a regulated binary options broker. However, you should also consider all the other criteria discussed in the article prior to choosing a broker that caters to your specific needs.

#1: Best binary options brokers often provide responsive customer service. You should take a serious look at this criterion because you may have to contact a customer service representative of the broker for various purposes. Further, time is the essence of binary options trading. If the customer service department is not responsive enough, you could lose a great deal of profits. Therefore, it pays to take some time and thoroughly check out the efficiency and effectiveness of shortlisted brokers prior to signing up.

#2: The types of trades offered brokers are different. Some brokers place restrictions to limit the profits you can accumulate. New traders may not be in a position to quickly discern the designs of unreliable brokers. If you are an experienced trader, you may easily find out such ploys employed by brokers. Therefore, it is important to exercise a lot of caution when choosing binary options brokers.

Actually, you should look for binary options brokers that offer transparent terms and conditions of trading. It is, therefore, a good idea to open a demo account and try out the broker’s platform to have a firsthand experience of the terms and conditions. Demo accounts often mimic the conditions prevailing on the real trading platform. Further, demo accounts can be used to try out various strategies before implementing them on the real trading platform.

#3: The binary options trading platform offered by top binary options brokers would be simple and easy to use. You need to check out the platform to see if you are able to execute orders quickly on the platform. This is very important because binary trading is a very time sensitive affair and you should be able to time your trades. You cannot afford to waste time searching for the buttons and navigating the platform. As such, you must ensure that the brokers you want to work with are offering platforms developed by reputed companies in the industry.

If travel a lot, it is important that the broker you want work with offers mobile apps. This will help you to access your account and execute trades on the go.

#4: Payout provided by binary options brokers for successful trades is another aspect that you must check out. Often, best binary options brokers pay as much as 70 to 90 percent of the amount invested in a contract as profits. Some brokers even promise to return a part of your investment in a contract if your prediction happens to be incorrect, helping you to cut down your losses.

Generally speaking, a broker that pays you 70 to 80 percent of your investment for in-the-money trades and returns about 10 to 15 percent of the investment for out-of-the-money trades is the right broker to work with, keeping in mind the fact that your goal is to make money through binary options trading.

The factors that have been discussed above are the most important ones to be ascertained if your goal is to work with the best binary options brokers and generate profits. However, this is not an exhaustive or comprehensive list of aspects to be checked when choosing the best binary options broker. Some of the other aspects that you must consider are listed below for your immediate reference:

• What kind of underlying assets does the broker offer to you for trading?
• Are the underlying assets offered for trading represent assets from all the asset classes like the currencies, commodities, indices and stocks and from markets around the world?
• Does the broker offer binary options contracts with different expiration times?
• How much bonus does the broker offer on deposits?
• How much money should you deposit to start binary options trading on the broker’s platform?
• Does the broker offer platform and customer services in multiple languages? More importantly, you must check whether these services are available in the language you are most comfortable with.
• What options in terms of currency and methods does the binary platform provider offer to you for depositing funds into your trading account?
• Does the withdrawal policy of the broker suit your needs?

Ultimately, it all boils down to you investing some time and effort in order to carry out the research required to choose the best binary options brokers. Actually, now is the best time to explore the binary options market, especially because of the uncertainties prevailing in the financial markets around the world.

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

List of Top 10 US Binary Option Sites for 2020

Deposit: $10
Payout %: 85%

Deposit: $250
Payout %: 90%

Do you want to learn to how to trade binary options, or looking to find out how binary options trading works.
Then follow the link above to find the answers to the questions you may have.

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.
However, once you do become a newly signed up client of any Brokers site or app you are going to find a massive array of different trading markets and trading opportunities, and below you will discover which are the top 10 trades moist traders tend to place time and time again.

• Trading FTSE
• S&P 500 Trading
• Stock Trading
• Gold Prices
• Silver Values
• Platinum Markets
• Palladium Prices
• Copper Values
• Crude Oil Markets
• Brent Oil Prices

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.
The way to tell however whether any such bonus is going to be worth claiming is by looking at the terms and each of the conditions and rules attached to such offers, which will of course be found on the website of each of our showcased Brokers websites.

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.

Resources

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

• TopOption – At TopOption you can trade Binary Options from as little as 5.00 whilst the maximum single Binary Option trade limit at TopOption varies in value. You could make a maximum profit of 85% at TopOption. The minimum deposit amount you can make into your account is 100.00
• TopOption Binary Markets: UK Markets – International Markets – European Markets – Asia Markets
• EZTrader – The Minimum Binary Option trades you can place at EZTrader are from just 25.00 and the maximum single trade limit at EZTrader is 3000.00. The maximum percentage profit you can expect to make at EZTrader is a large 95%. The minimum amount you can deposit at EZTrader is 200.00.
• EZTrader Binary Option Markets: UK Markets – International Markets – European Markets – Asia Markets

Featured Binary Options Brokers

• 24Option – At 24Option you can trade Binary Options from as little as 24.00 whilst the maximum single Binary Option trade limit at 24Option varies according to trading accounts. You could make a maximum profit of 88% at 24Option or lose all of the capital you invested. The minimum deposit amount you can make into your account is 250.00
• 24Option Binary Markets: UK Markets – International Markets – European Markets – Asia Markets
• Magnum Options – The Minimum Binary Option trades you can place at Magnum Options are from just 5.00 and the maximum single trade limit at Magnum Options is 5000.00. The maximum percentage profit you can expect to make at Magnum Options is 85% and the minimum amount you can deposit at Magnum Options is 200.00.
• Magnum Options Markets: UK Markets – International Markets – European Markets – Asia Markets

Recommended Binary Options Broker

• Banc De Binary – At Banc De Binary you can trade Binary Options from as little as 1.00 whilst the maximum single Binary Option trade limit at Banc De Binary is 3000.00. You could make a maximum profit of 91% at Banc De Binary. The minimum deposit amount you can make into your account is 250.00
• Banc De Binary Markets: UK Markets – International Markets – European Markets – Asia Markets

High Trading Limit Binary Options Broker

• uBinary – The Minimum Binary Option trades you can place at uBinary are from just 20.00 and the maximum single trade limit at uBinary is 5000.00. The maximum percentage profit you can expect to make at uBinary is 85% and the minimum amount you can deposit at uBinary is 100.00.
• uBinary Markets: UK Markets – International Markets – European Markets – Asia Markets

Variable Purchase Limits Binary Options Broker

• Any Option – At Any Option you can trade Binary Options from as for variable amounts whilst the maximum single Binary Option trade limit at Any Option also varies. You could make a maximum profit of 80% at Any Option. The minimum deposit amount you can make into your account is 200.00
• Any Option Binary Markets: UK Markets – International Markets – European Markets – Asia Markets

Low Purchase Limit Binary Options Brokers

• TradeRush – The Minimum Binary Option trades you can place at TradeRush are from just 10.00 and the maximum single trade limit at TradeRush is 5000.00. The maximum percentage profit you can expect to make at TradeRush is 81% and the minimum amount you can deposit at TradeRush is 200.00.
• TradeRush Markets: UK Markets – International Markets – European Markets – Asia Markets
• Banc de Swiss – The Minimum Binary Option trades you can place at Banc de Swiss are from just 25.00 and the maximum single trade limit at Banc de Swiss is 1500.00. The maximum percentage profit you can expect to make at Banc de Swiss is 75% and the minimum amount you can deposit at Banc de Swiss is 100.00.
• Banc de Swiss Markets: UK Markets – International Markets – European Markets – Asia Markets
• TradeQuicker – At TradeQuicker you can trade Binary Options from as little as 25.00 whilst the maximum single Binary Option trade limit at TradeQuicker is 2500.00. You could make a maximum profit of 88% at TradeQuicker. The minimum deposit amount you can make into your account is 300.00
• TradeQuicker Binary Markets: UK Markets – International Markets – European Markets – Asia Markets

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.
Plus, the amount of cash, you stake on each trade will obviously determine the value of any and all profits and gains you can make, so always be prepare to shop around to secure the highest possible pay-outs when placing any type of Binary Options trades.

Top 10 Binary Options Brokers – Binary Options Brokers

The Binary Options market across the world has witnessed a tremendous growth during the last couple of years due to a huge influx of amateur binary traders who are interested in setting up a secondary stream of income.

This has automatically resulted in the increase in the number of binary options brokers who want to provide their products and services to this growing global market.

If you look back to 2008, there were just a handful of binary options brokers which made it easy for binary options traders to choose which broker they wanted to trade with. Today, there are hundreds of binary options brokers who promote their services heavily both online and offline making it difficult for fresh traders to find a good binary options broker.

List of Top 10 US Binary Option Sites for 2020

Deposit: $10
Payout %: 85%

Deposit: $250
Payout %: 90%

There are a numerous ways to differentiate between the different binary options brokers but we decided to break it up into just two. We will take a look at the differences between a regulated binary options broker and an unregulated binary options broker.

Regulated Binary Options Broker

There are a number of different regulatory bodies that certify binary options brokers. The Cyprus Securities and Exchange Commission (CySEC) is considered to be the most well known regulated agency for binary options brokers. There are also other agencies such as the Financial Conduct Authority (FCA) and the ASIC who regulated the binary options market and issue licensed to regulated binary options brokers.

Binary options brokers who are regulated by such reputed agencies are always more reliable than unregulated binary options brokers as regulated binary options brokers have to conform to the set of regulations imposed by these regulatory bodies and can be taken to task for violating their procedures.

Regulated binary options brokers usually publish the fact that they are regulated as it helps them attract new binary traders and bring in more business. These regulated binary options brokers realize that if they violate the stipulated procedures, their license can be suspended by the regulatory body or they can be issued a warning, which will not only damage their market reputation but also negatively impact their future business.

We advise binary traders to always prefer a regulated binary options broker as it not only reduces their risk of loss but also gives them recourse in the case of a dispute as they contact a regulatory agency and report the regulated broker.

Unregulated Binary Options Broker

The number of unregulated binary options brokers in the market is growing at a rapid pace because they brokers realize that there is a lot to gain in a quick amount of time from this lucrative industry.

Many of these unregulated binary options brokers have questionable ethics and use false advertising and promotions to lure new binary traders to become their clients. These unregulated binary options brokers do not report to any regulatory body and hence do not need to conform to a specific set of rules.

As a result, it is a lot riskier for binary options traders to rely on the products and services of these unregulated brokers as they have no recourse to a regulatory body in case of a complaint and are often manipulated by these brokers who use hidden or subtle terms and conditions in their sign-up agreement to hold on to the deposits and money of these binary traders.

The global binary options industry does not have stringent rules and regulations. Unregulated binary options brokers have taken advantage of these loopholes to exploit clients by using deceitful practices to make money from their trading.

While these unregulated binary options brokers appear to offer better bonuses and rates than regulated brokers, we caution traders and advise them to stay away from these unregulated binary options brokers as they may benefit in the short term but will end up losing consistently in the long term.

How To Choose A Binary Options Broker

Choosing a binary options broker today has become a very complicated process due to the fact that there are hundreds of binary options brokers online advertising their products and services, along with claiming to be the best binary options broker in the market.

There are numerous factors that one must consider before choosing a binary options broker but we believe the following factors are the most critical in determining which binary options broker you decide to work with.

Regulated Brokers: One of the most important steps in selecting a good binary options broker is to see if they are regulated by a reputed body such as the FCA or CySEC. When you choose a regulated binary options broker you are exposed to less risk of fraudulent and unscrupulous practices.

Market Reputation: Take the time to go online and do a few searches on the prospective binary options broker that you want to sign-up with. There should be more than a few online reviews from clients of the binary options broker. If you find the reviews positive, then this is confirmation that you can sign-up with the broker. On the other hand, if you find more than one negative review, then use your better judgment and look for another binary options broker.

Market Longevity: There has been an influx of binary options brokers in the last couple of years. We think it is always better to go with a broker who has been in the market for a few years and established themselves as a reputed broker. If you find a binary options broker with no online reviews or has only launched their services recently, then you might want to go with another broker as you have no indication as to how this new broker will perform in the market.

Blacklisting: The binary options industry is slowly becoming more regulated and binary options traders can now look up blacklisted binary options brokers by going to sites like Fair Binary Options or Binary Options Sentiel and click on their list of blacklisted operators. These lists are updated fairly frequently and if you find the name of the binary options broker you are considering to sign-up with on the list, then better change your plans quickly.

Agreement Terms & Conditions: They say that the devil is in the details. This is absolutely true when it comes to binary options brokers as a number of brokers, both regulated and unregulated will make a lot of promises, offer lucrative bonuses and swear to give you the best deal possible but in the end will include some hidden terms and conditions, that can make your binary options trading a very unpleasant experience.

We suggest that you always take the time to carefully read the terms and conditions that your binary options broker outlines in your agreement. If you do not understand a particular clause, then do not hesitate to ask the broker to explain it clearly to you. Remember that these terms and conditions change from broker to broker, which is why it is essential for you to know what you are getting into before signing up with a particular binary options broker.

Binary Options Bonuses: The competitive between binary options brokers to secure new traders is very competitive and each binary options broker looks to advertise special bonuses in an effort to sign-up new clients. A number of these binary options brokers make false advertising claims and then throw in a few hidden terms and conditions that render all of these ‘exciting bonuses’ null and void.

We encourage traders to not get fooled by these exciting bonuses but to take the time to understand the terms and conditions that govern these bonuses. We advise traders to choose binary options brokers who are transparent in their advertising and have no hidden terms and conditions attached.

How To Avoid Being Cheated By Binary Options Broker

Every binary options broker makes a commission from the trades you place and their winnings depend on your losses. It is vital that you keep this principle in mind when dealing with a binary options broker as they will portray themselves to have your best interests in mind and will promise to help you have success with your trading. However never forget that their ultimate aim is to make money from your trading and the best way for them to do that is for you to continue to deposit money and lose, and then repeat that cycle multiple times.

Avoid Unregulated Brokers: While all brokers profit from your losses, it is a lot safer to work with a regulated broker as you know they will not resort to illegal practices to manipulate you into trading and losing more money. We strongly advise you to avoid unregulated brokers as there is a higher probability of you being exploited and engaging in trades that will almost certainly cause you to lose.

Do Not Fall For Sweet Talk: Binary options brokers will most likely give you a sugar coated speech or publish an advertisement that significantly minimizes the risk of binary trading and make it appear that it is a very easy make for you to make extra money. This is because they want you to sign up as one of their binary options traders, deposit your money with them and trade on their trading platform.

Do not fall for their sweet talk as binary options trading is always risky and the probability of one losing their money is always high, especially when they do not have a robust trading strategy or they are new to the binary options industry and allow their emotions to get the better of them. External Pressure: Most online binary options broker websites offer visitors a freebie in exchange for the e-mail address or phone number. This freebie can be a free binary options e-book, e-video or e-course giving them strategies or secrets to succeed at binary options trading.

These brokers then use the e-mail or phone number collected to reach out directly to the potential trader and begin their strategy of imposing external pressure in order to get them to sign-up, become a binary trader and start making trades. These brokers have call centre teams who are well trained in being assertive and aggressive sales reps which often result in prospective clients giving in to the pressure against their better judgment and becoming clients.

Some of these binary options brokers also sell their e-mail and phone lists to other vendors without getting the permission of the end user.

Withdrawal Delays: This is probably the most common strategy that most regulated and unregulated binary options brokers resort to. Most binary options brokers do not want you to withdraw your earnings and as a result will come up with numerous reasons to delay and prevent you from making your withdrawal.

Some of these brokers will offer you exciting bonuses to once again use your money to trade, while others will highlight some of their hidden terms and conditions that prevent you from withdrawing the full amount immediately or will delay your withdrawal citing insufficient document or any reason they can think of to get you to keep your money with them a little longer.

Giving Control To Your Account Manager: Based on your binary options broker and the different level of accounts, you might be awarded a special client account manager who will assist you with your trading.

Some of these client account managers might manage a few traders or be an exclusive account manager for your account, based on the amount you have deposited and the number of transactions you will engage in per week. These account managers will push you to give them authorization to handle your accounts and make trades on your behalf. We advise you to never fall into this trap, as it is a sure way for you to lose all your money.

Regulated binary options brokers who ask for the authority to manage your accounts, must be able to produce a separate binary options broker license. Most of these client account managers do not have such a license as the license requires them to adhere to a set of stipulations that prevent them from taking advantage of you and manipulating your trading.

Binary Options Brokers For Amateur Traders

The number of beginner or amateur binary options traders continues to grow with each passing month. These amateur traders are looking for a reputed and reliable binary options broker who will assist amateur traders. We strongly advise you to find a binary options broker who will allow you access to a demo binary options account, give you the opportunity to avail some quality free binary options courses and offer you new sign-up bonuses.

Demo Account: Most binary options brokers offer a demo account which traders can use to practice and get an idea of how the trading platform works. This is possible because demo accounts tend to use the same binary trading platform that is used for real money. The demo account usually comes with a virtual currency deposit and gives the trader access to a wide range of binary commodities to help them have an almost real like binary options trading experience.

We advise amateur traders to sign-up with brokers who give them access to this demo account. More often than not, these demo trading accounts are provided free of charge but there is a stipulation as to how many days this demo account can be used. Some binary options brokers offer a demo account free of charge, provided a minimum deposit amount is made.

The demo account will give new traders a feel for the trading platform and also allow them to make mistakes with virtual currency and not real money.

Free Binary Options Trading Courses: New traders can become successful quickly if they take the time to study the binary options industry, learn to develop a robust trading strategy, learn how to resist emotions and pressure and not fall prey to the scams that float around the binary options industry. A number of binary options brokers offer new traders free e-courses, e-learning videos and webinars that help them begin their journey as binary options traders.

These courses are provided free of charge in an effort to bring in new customers. We advise new traders to find a good regulated binary options broker who offer such courses free of charge. This is one of the best and fastest ways for one to learn binary options trading. Some of these courses are available at other websites but for a fee, which can be very costly.

Leveraging Binary Options Bonuses: Most binary options brokers will provide new trader registrations with exciting sign-up bonuses. Some of these bonuses will include a free demo account, a free binary options e-course and matching deposit amount to a certain percentage based on the trader’s initial deposit.

We encourage new traders to look for the best sign-up bonuses and then use them to your advantage as it will prevent you in the initial stages from risking your own money. However we caution you once again to make sure you read the terms and conditions that come with these bonuses, so that you save yourself from being exploited by unscrupulous binary options brokers.

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