Binary Options Brokers

Choosing a reliable binary options broker can be a hard decision. However armed with the right details, outlined on this comparison page, you have immediately increased your chances of avoiding bad operators. I have listed and broken down the good brokers from the bad; so you can make the right choice.

Binary Options Brokers List

Here are some key points to keep in mind when choosing your broker:
Regulated or Non-Regulated Broker  Maximum Returns
Transparency with Pricing  Minimum Deposit
Banking Options (Cards, eWallets & Wires)  Software Platform
Range of Assets (Forex, Commodities, Shares & Indices)  Demo Account Availability
Customer Services  Black-listed Brokers (Scams)

When the binary options trading system began taking hold back in 2008, there were just a handful of binary options brokers investors could choose from. With the low range of choices, it was not difficult to find the broker that suited your needs and trading style.

The world of binary options trading has grown substantially. At last count, we ind there are nearly 500 brokers worldwide vying for your trading business. Choosing a broker can be a daunting task.

You naturally want to review if you can trade through the broker in your locality. You want to know the various deposit and withdrawal methods. You will also want to know what trading assets the broker offers along with the various expiry times and trading methods. You will surely want to know what types of bonuses they offer and the stipulations you must meet when accepting a bonus.

Last but not least, you will want to know if the broker has a good or bad reputation.

Binary Options Broker Comparison

Here at BinaryOptions.Education, we have done the testing and reviewing for you. Throughout our website, we provide accurate and reliable reviews to make your binary options broker choice much easier.

Choosing the right broker is of primary importance. The trading platform used by the broker along with the education resources and account representatives can determine if you are profitable or not in your binary options trading.

We recommend that you use our website to your advantage and if you have any questions, just ask and we will find an answer.

Do keep in mind that trading in binary options does carry a measure of risk, so the more educated you are, the better.

Best Binary Options Brokers 2016

With such a huge list of binary options brokers worldwide, there is no system to completely regulate and monitor them all.

Some countries have set up licensing and regulatory systems within their regions. The primary binary options licensing entity that has been operating since the inception of binary options trading is the Cyprus regulatory body called CySEC.

Other countries have set up regulatory bodies as binary options trading grows in stature.

There are a horde of binary options brokers that offer great bonus structures and enticing trading opportunities, but we see they are not licensed or regulated. Does this mean they are scamming traders? Not necessarily.

This is why in the following paragraphs we will share our top recommendations. As we test and review, more may be added.

USA Recommended Brokers

While it is not illegal for binary options brokers to accept United States traders, they must operate a reliable and honest trading platform.

Regulations on trading in the US is very stringent. There are 2 regulatory bodies that oversee trading in US borders. They are the Commodity Futures Trading Commission and the National Futures Association.

There is only 1 trading broker within the United States, and the trading system is much different than other binary options brokers. That company is called Nadex.

At this time, the only binary options broker that will accept US traders that we will recommend is Finpari. Finpari uses the popular Spot Option trading platform, and also accepts deposits via Paypal.

UK Recommended Brokers

United Kingdom traders have a huge range of binary options brokers to choose from. When we really research brokers offering their services in the UK, one of the primary things we first look for is regulation.

There are 2 primary regulatory bodies that oversee binary options brokers in the United Kingdom. They are CySEC and the British Financial Conduct Authority (FCA). It is wise to choose a broker that is licensed and regulated by one, or both of these.

We have 3 binary options brokers we recommend for UK traders. They are:

  1. 24 Option – In operation since 2010, this broker is CySEC regulated and uses the TechFinancials trading platform.
  2. IQ Option – IQ Option is also CySEC regulated and offers a low deposit plan to get started. Using their own Proprietary trading platform, traders are quite satisfied with this broker.

EU Recommended Brokers

We have found that much like the United Kingdom, there are a huge amount of binary options brokers offering their services all throughout Europe. We have learned that the wisest move for traders in Europe is to only trade through brokers who are CySEC regulated. So in choosing our recommended top 3 binary options brokers for Europe, they will fall right in line with the UK choices:

  1. 24 Option – In operation since 2010, this broker is CySEC regulated and uses the TechFinancials trading platform.
  2. IQ Option – IQ Option is also CySEC regulated and offers a low deposit plan to get started. Using their own Proprietary trading platform, traders are quite satisfied with this broker.

CA Recommended Brokers

Online binary options trading has grown popular in Canada. But, there are no regulatory bodies overseeing online trading in the country as of yet.

We have taken a close look at brokers that accept Canadian traders, and these are our top 3 recommendations.

  1. ASK Option – ASK Option is a somewhat new broker headquartered in the UK. Starting in 2014, they have become popular in Canada. While not licensed, we do not find any terrible reviews on ASK Option.
  2. Opteck – In operation since 2010, this broker is CySEC regulated and uses the TechFinancials trading platform.

Tips For Choosing A Binary Options Broker

Finding the right binary options broker can be difficult. It does not have to be as stressful as some make it. Here are some basic tips in finding the broker best suited for your needs:

  • Check if they offer the services in your preferred language.
  • Look at deposit bonuses the broker offers.
  • High payout percentages. They should be anywhere from 80-91%.
  • Look at deposit and withdrawal options.
  • Check the expiry options.
  • Look at number and types of assets.
  • Do they have an easy to use interface?
  • What is the minimum deposit and withdrawal?
  • How is the customer service?
  • Do they offer a demo account?

You should always review all of these and also read the broker’s terms and conditions.

By following this procedure, you are apt to find a reliable binary options broker.

Regulated Binary Options Brokers

Choosing a regulated broker is smart choice and should be your first consideration. Regulation means the broker has received a financial trading license in the jurisdiction that the company resides. There are two main licences being ASIC (which covers Australia) and CySec (which covers Europe). If a dispute arises you can contact the financial regulatory body.

Non-Regulated Binary Options Brokers

Not all brokers choose to be licensed and will operate in offshore jurisdictions like Malta, BVI and Seychelles. This doesn’t mean they are untrustworthy however be aware it will be more difficult to settle disputes if they arise.

About Binary Options Trading

Binary Options Trading is one of the most easiest and lucrative ways to trade the financial markets in the world. Some sceptics make say financial trading is closely associated with a luck factor, however I believe it is purely based on your market niche and your prediction power. There are people who want to earn money with Binary Options Trading but due to lack of knowledge or availability of a proper platform are not able to gather much from the market. This is the time and place when you can get the best kind of advice in the form of Binary Options mentors like myself who work professionally to cut through all the hype and let you know where to trade.

Binary options trading platforms are websites which function as live over the counter or real time trading platform which is performed with panache allow any trader to produce profits from the plethora of underlying assets. This is a commission free platform and you can trade easily with market statutory. Brokers have many financial assets for you to choose from.

Availability is the next are on which you should focus before choosing a binary options broker. Telephone, live chat or email interaction is necessary at a time to give the best service in terms of the market and the best time to trade. Paper trading with a test run is a good idea before trading with real money. Refunds are generally not available with brokers but due to a large amount of competition in market, brokers do offer various deals in which if your trade does not make any money profit then a small investment refund is available. In this way you are getting at least something out of the loss.

Binary Options Trading is a whole win or loss trading system. You do not get any proportion but either capture the full amount with interest or lose all your investment in a single trade. You don’t need to think too much in this trading in regards to placing the trade as you just have to do is predict and choose between a PUT (BUY) and CALL (SELL) function. Being completely different from the stock market binary options trading allows any prudent trader to make money from the market.

All Binary Options Brokers