As you can see, we have created a table that lists only the most prominent binary brokers, and we believe that our efforts have produced a binary options broker list that can satisfy even the most demanding of readers. Of course, we understand that different traders have different needs and preferences, which means that some of them will require a broker house that is more dedicated to new traders and beginners. On the other hand, some investors will look for a company that offers the opportunities for large stakes and high profits. That is why our experts have tested every single aspect of those binary brokers that are listed in our table, and we believe that our rankings are objective, fair, and are determined only by relevant factors and real-life performance.
Binary Brokers Comparison Table
Our table is designed to represent the current situation in the binary options world. Best binary options brokers are listed here, and you can take a look at each one of them in our individual reviews. Each of our reviews is written in a detailed and easy-to-understand manner, and we have performed extensive and thorough research before writing the reviews. Furthermore, you can check the ratings and various other factors from the table, and hopefully – all of that information can help our readers find the best broker for their needs. Trading binary options can be a risky and unpredictable endeavor, and that is why being careful is of the utmost importance when it comes to picking the right company to hold your hard-earned money.
Our binary options broker opinions are delivered in a comprehensible and straightforward manner, which enables the readers to go through the charts quickly and find the appropriate company in no time. Again, it is important to be cautious, and that is why we double-checked all the facts and every piece of information before we made the final call and created the list.
We also recommend you to read few reviews that are not included into binary brokers comparison table:
XTB Binary Options Review
QuickOption Broker Review
Review of the IG Binary Broker
Review of the BCM Binary Options Broker
How to use the table
As we already said, our goal was to present the information in an intuitive manner so that the prospective investors can find what they are looking for quickly and efficiently. That is why our table is designed in a way that starts with the top binary option broker. Below the best broker we placed the rest of the companies, and they are all listed in a sequence that is based on their overall rankings. Of course, we made sure that the most relevant information brings the most points, to put it that way, and it is our opinion that this method enabled us to come up with the best possible results. The binary sea is full of fish, big and small, and it can be a real challenge to select only those who are worthy to enter the list. Factors such as licenses and regulations, or the level of customer support, the number of available assets, and so on, play the most significant role in the final look of our table.
Binary Brokers Listing
Most binary brokers reviews will only list the companies in alphabetical order, but our team of experts decided that this would not be the most convenient method. Simply, this type of table would confuse the readers, and they would have trouble finding the adequate information. That is why our table has a listing on the left side, and this list contains the logos of all the broker houses that are a part of our binary options brokers reviews. Logos clearly demonstrate which binary broker is in question, but you will have to click on the link on the right side of the screen to read the review and learn everything you need to know about the company in question.
Binary Options Brokers Ratings
The overall ratings are the crucial segment of our table, and these little stars are there to show you the way and guide you into the right direction. In other words, all you need to do to find the best binary option broker is to look at the number of stars, and there you go! This process is as simple as it gets, and visual representation is often the perfect solution. We wanted to put the emphasis on the overall ratings, and with these eye-catching details – readers can grasp the essence of our reviews and then check them out to acquire even more information. The ratings are based on several factors, and the overall formula is rather complex and sophisticated, to say the least. We incorporated the elements such as the history of the enterprise, the quality and the performances of their trading platform, types of trading accounts, trading conditions, the efficiency of their customer support, and so on. Therefore, our charts contain the most relevant information, and that is why readers will have no problems going through the list and through the reviews to find the best binary option broker for their particular needs and preferences.
Binary Broker Platform Comparison
Comparing the binary broker platforms is not an easy task, and our team of experts had to put a lot of effort into deciding which of the included software solutions offers the best performances and the best results. The performances of the trading terminal had a great impact on the overall binary options broker rating in our chart, and that is why it was imperative to perform a thorough and detailed examination of the platforms. In addition to that, we listed which of the companies provided the particular software so that our readers had easy access to this piece of information as well.
Binary Broker Credibility
Safety and security are probably the most important requirements that any investor will have when he or she is looking to deposit their funds in a particular company. To be honest, the world of binary options still has a slightly notorious reputation because of the several malicious organizations that scammed their clients, and that is why traders nowadays demand top-notch protection of their money and personal information. Honest binary options brokers are always licensed and regulated by a respectable governing body, typically by CySEC. However, other jurisdictions have other agencies that are in charge of this sector, and our duty was to go through all of these elements and display the data in a clear and concise manner. In our table, readers can see if the broker is regulated, and by which agency, and in our reviews, they can learn more about the credibility of each binary broker. Of course, we all want to do business with legit binary options brokers only, and this is an entirely reasonable instinct.
Binary Options Broker Trading Conditions
Besides the platform and the credibility, various other factors are at play when it comes to determining the overall quality of a particular broker. For instance, not all broker house will offer the same conditions, and some of them will have lower minimum deposit levels while others will have a higher limit. Also, the types of trading accounts and their characteristics are not the same with all binary options brokers, and all of these differences are included in our binary options broker reviews. We strongly encourage you to take a couple of minutes and go through these reviews since they will offer you the best insights into the current state of affairs in the binary options world.
Binary Options Broker Bonuses
We all love free stuff, and there is no secret about it, but promotions and gifts that are offered by binary broker houses are not always as “generous” as they may seem. On the contrary, demanding terms and conditions typically await you once you accept the bonus, and this can present a problem for inexperienced traders. That is why we performed the necessary research so that you do not have to trouble yourself, and we listed the characteristics and features of bonuses and promotions of every broker on our list. Unlike other binary broker reviews, where you only get a list of the bonuses, we also tried to explain what each of them entails and how our readers can exploit the full potential of these “gifts.”.
Binary Options Brokers - The final word
If you want to start trading binary options, you will have to sign up with a binary broker, and without the proper knowledge – you will not be able to make an informed decision, and your investments may be at risk. That is why we recommend our reviews to all potential investors, and by learning a thing or two about the binary broker houses, you will be equipped to start your journey in the binary options world. .
The guide below concisely lays out the essential facts about the most well-established US binary brokers
in operation today. The guide covers what we consider to be the most important aspects of a broker's trading services including what underlying assets are offered, the maximum payout rate, the minimum deposit required to open a new account and more. A full description of each of the terms used in the table below is available at the bottom of the page. Please share the guide if you've found it useful!
Binary Options Broker Overview
Binary options are one of the newest financial instruments to hit the markets having only been allowed to be traded openly since 2008. With new brokers appearing daily, it can be hard to sort through all the information and find the best broker for your needs. But, in addition to analysis and strategies, choosing the right broker can have a big impact on your profitability as a trader. The key things to look for in options brokers are payout rates, the platform, underlying assets offered, option types, deposit and withdrawal methods, and customer support.
Even small differences in payout rates can make huge differences in your bottom line over the long term. All else being equal, you want to trade with the broker that offers you the highest payout rates.
Don't just look at the headline rates though, which many times are only how lucrative the trades can be, and not what they are at all times. Before you deposit money, look around the platform and see what the prevailing payout is for the assets you want to trade. Many times it is different than the headline on the front page of the broker website.
Also make sure to look at any money that you get back from losing trades, as this will make a huge impact in your profitability over hundreds or thousands of trades as well.
The platform that you use is going to be incredibly important as well. It should have a comfortable interface with an appealing color selection that puts the information and tools that you need at your disposal. If you don’t like the platform at first, look to see what customization options are offered.
Be careful of brokers that make binary trading too simple. Not having enough information about your trade is worse than having too much information. Try to demo the platform so that you can see what information is placed at your fingertips and how easy it is to use.
Be sure to see how easy it is for you to locate the binaries on the underlying assets you want and execute your trades on the platform. Some interfaces make locating the binary option you want more intuitive than others and it's important to be able to quickly find and execute your trades in order to be able to lock in profits when you sense the right trading entry signals.
Most digital options brokers will advertise that they offer a dizzying amount of underlying assets that you can trade. But, especially if you are new trader, you should probably only focus on a small number of assets.
Instead of being impressed at the wide range of trades that you can make, take time and think about what you know and what you want to become an expert in. Once you’ve decided, find brokers that offer the assets that you have decided to focus on.
Most option brokers offer several different types of binary options for you to trade. The most popular options include high/low, above/below, range, and one-touch options. Depending on your trading style, you might prefer to trade one type of option over the other.
The one thing you need to watch for is if the types of options you want to trade are traded with the assets you want to trade. High/low options are offered for all the underlying assets that a digital options broker offers. However, more exotic options like range options might only be offered for a few select assets, and in some cases maybe only one asset. Make sure you can trade the asset you want, how you want before depositing your money.
Deposit and Withdrawal
Deposits and withdrawals at any binary broker should be quick and easy. Most brokers offer a very wide range of payment options and they will return your money to the same source that you used to deposit it.
The most important thing to watch is withdrawal times. Read binary option broker reviews to see how quick withdrawals are. If withdrawals take suspiciously long and the broker's customer support doesn't address the problems it can be an indication of deeper problems with the broker.
Finally, customer support is another vital area of a broker to look for. If there is a problem or issue that pops up with your trading, you want to know that someone is there to take care of your right away and it gets addressed professionally.
Every broker needs to have a phone number that they can be reached at. It is also now the norm to offer live chat as well as email support. Check to make sure that support will be online during the hours that you are planning on trading and is available in a language that you can speak.
Choosing the right binary options broker is one of the most important decisions you will make as a trader. It can make the difference between profits and losses in your binary trading. Keep these 6 key areas in mind when you look at brokers and you’ll end up with a winner.