Binary.com Mobile App&Platforms

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Binary.com Mobile App and Platforms

We already know that Binary.com has a long tradition in offering binary options online gaming services. Besides superb trading products and exciting trading option, Binary.com belongs to MGA regulated brokers.

One of the most frequent questions traders usually ask is: Is there a Binary.com mobile app? Yes, Binary.com has developed a few platforms that could make your trading experience much easier and interesting.

Read more about Binary.com platforms in our guide below.

If you want to find out more about Binary.com broker, you can read our Binary.com review here.

Binary.com Mobile App(s)

Every binary options trader knows how important is to have a mobile app on their phone or table. This service has become a must, no matter if we are talking about basic traders or professional experts. Every brokerage company tends to provide the best possible service to their clients so developing a mobile platform is something they have put their priority on.

We have to go through Binary.com website and found out that they offer more than other leading brokers on the market. We are used to knowing that most brokers offer iOS and Android mobile applications, but Binary.com offers a lot more than that.

Binary.com Basic Platforms

Binary.com Desktop Platform

Most traders usually choose to trade with basic Binary.com platform that is made for desktop and mobile devices. Desktop platform is web based and it is available for both laptops, computers, tablets and mobile phones. We very much the fact that traders can get a simple walkthrough guide which will show them most basic functionalities of the Binary.com desktop platform. Simple step by step guide leads traders within every step of the trading process.

Binary.com Tick Trade App

After the registration with Binary.com, traders usually make a deposit with this broker. After they begin placing trades, traders usually decide to install the mobile app so they can monitor their trades from their phones. Binary.com has developed Binary Tick Trade App – two mobile applications that allow traders to enjoy the fast trading mobile experience. Mobile apps allow traders to place trades on the go, no matter where they are.

According to the Binary.com, Tick Trade App allows almost instant trading results. It is very important to mention that this mobile app is not available in all countries.

Tick Trade Binary.com mobile app enables to easily choose trading preferences for every trade. The Binary.com mobile interface is very responsive and it allows to choose various languages. One of the key features that are available with Binary.com mobile app is the option to enable the risk control by choosing the desired amount for each payout stake. Binary.com mobile app lets traders to choose between markets and types of binary options trades.

From what we can see, traders that choose to install the Tick Trade App will be able to have full control over their Binary.com portfolio in the palm of their hand.

Tick Trade App is free.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Binary.com Advanced Platforms

Binary.com MetaTrader 5

Those traders that decide to go one step further and become proactive Binary.com are welcome to install MetaTrader 5 interface. This trading platform is designed for traders that want to place trades on both Forex and CFD markets. MetaTrader 5 interface allows traders to analyze various price movements, place trades in real time, track markets etc. this Binary.com platform has customized various trading options and it welcomes clients to enjoy exclusive multi-asset platform.

Besides the fact it is specialized for both Forex and CFD’s, the MetaTarder5 platform includes:

  1. CFD and Forex highly competitive assets
  2. Multiple free and paid algorithm strategies from MetaTrader Market
  3. Trading from multiple devices
  4. Access to standard technical and fundamental analysis tools

This platform is free of charge.

Binary.com Binary Webtrader

Those who feel the need to track their favorite markets and assets in chart view interface will be happy to know that Binary.com specially designed interface for this purpose. This is also a free application that provides various customizable features with flexible charts. Webtrader web app is specialized for advanced binary options traders.

Webtrader platform tracks all historical data on the same trading interface and traders can take advantage of many helpful resources. Webtrader interface web app shows pivot data on the top of trader’s trading dashboard.

Binary.com Binary Next Gen

This is another free web app that is available for the web and mobile devices. This platform allows Binary.com traders to explore advanced trading features. This application allows traders to place trades using Binary.com demo and real account.

Some of the key features of this app are the opportunity to get market news and charts on one page with a sidebar menu. Traders can prepare up to five simultaneous trades. The Next Gen application has a slightly redesigned interface where traders can have portfolio and statements overview.

Forex Trading Apps

The best forex trading apps can make a huge difference to your trading performance in 2020. Whether you need a forex app on android, iPhone (iOS) or another platform, or you want forex signals, a demo account for practise and simulation or full FX charts on the go – our review of forex trading applications has got you covered.

In a world where everything is interconnected, the foreign exchange market is a pivotal component of day-to-day business. It is a multi-national, decentralised market in which currencies can be traded by financial institutions and businesses.

Top Forex Trading Apps

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritise this type of trader. The app offers 2100+ markets, zero commission and a free practise account. Download the app risk free and try it out.

Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritise this type of trader. The app offers 2100+ markets, zero commission and a free practise account. Download the app risk free and try it out.

IG Offer a superb all-round trading app. One of the pioneers of mobile trading, the app has been developed and refined over many years, meaning it is now among the best trading apps, full stop. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

IG Offer a superb all-round trading app. One of the pioneers of mobile trading, the app has been developed and refined over many years, meaning it is now among the best trading apps, full stop. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.

IC Markets deliver mobile apps for both their cTrader and MT5 platforms. Both have been developed on android and iOS separately, taking full advantage of the functionality available on each. With raw pricing, and spreads from 0.0, the apps deliver an excellent trading tool for all levels of trader. The speed of execution synonymous with IC Markets is retained across their apps.

XM deliver a mobile app for both Android and iOS that has been specifically tailored to each platform, maximising the functionality of both. The app delivers the MetaTrader 4 and 5 platforms in your hand, with full trading and charting capabilities. Try it out today.

XM deliver a mobile app for both Android and iOS that has been specifically tailored to each platform, maximising the functionality of both. The app delivers the MetaTrader 4 and 5 platforms in your hand, with full trading and charting capabilities. Try it out today.

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

Pepperstone deliver their MetaTrader4 and 5 platform across both android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.

Pepperstone deliver their MetaTrader4 and 5 platform across both android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition.

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Download it today.

AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Download it today.

eToro bring their social trading platform to your mobile, enabling you to Copy trades, manage your account and invest via Android or iOS. Trade the biggest global stocks from the palm of your hand.

eToro bring their social trading platform to your mobile, enabling you to Copy trades, manage your account and invest via Android or iOS. Trade the biggest global stocks from the palm of your hand.

Intuitive. Slick. Powerful. Skilling.com have always prioritised their mobile offering and the trading platform moves easily from Desktop to mobile device. This is a great all-round trading app.

Intuitive. Slick. Powerful. Skilling.com have always prioritised their mobile offering and the trading platform moves easily from Desktop to mobile device. This is a great all-round trading app.

Fusion deliver their unique, low cost MT5 platform on both Android and iOS. Both applications offer one click trading, customisable layouts, news and advanced charting. Accounts can be fully managed from the mobile app too.

Fusion deliver their unique, low cost MT5 platform on both Android and iOS. Both applications offer one click trading, customisable layouts, news and advanced charting. Accounts can be fully managed from the mobile app too.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.

NadexGO allows trading whenever, wherever, and however traders want. Specialising in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

NadexGO allows trading whenever, wherever, and however traders want. Specialising in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app.

The Best Tools

Every single day, companies and individual investors make billions through the purchasing and trading of currencies. The possibilities are huge, but it does take a substantial amount of skill and experience to be a truly lucrative forex trader.

There are so many things to consider, and so much knowledge to be applied as a trader, as well as a wealth of data to be analysed and interpreted.

This is where forex trading apps come into the frame, helping to make this common business activity accessible for all.

Forex trading apps are usually available free of charge, and can be downloaded on a range of platforms, from Android and iOS devices, to Windows and Blackberry.

They are specially designed to take advantage of the features of mobile devices and tablets so that you get a unique experience when using them. If you are a trader, or considering becoming one, you need to know that forex trading apps are an integral part of the modern trader’s daily life, so start exploring them if you haven’t already.

Types Of Apps

Forex trading apps are available for a range of the activities required to be a successful forex trader.

Traders need to have a platform to interact with the markets, buying and selling currency pairs with the objective of making the biggest profits possible.

They may also need educational tools to learn their craft and continue their professional development for the long term.

Global news developments are important, because they have a huge impact on the value fluctuations of currencies all around the world.

The analysis of trends and statistics is also absolutely essential, with the thoughts and advice of experts and peers needed to help give insights and perspective on everything that happens.

When deciding on the ‘best’ forex app, each trader will need to identify the most important features for their own trading.

Trading Apps

These are the bread and butter of the mobile forex trader. Whatever broker you work with, and whatever platform you use, it is almost guaranteed that you will be able to trade forex on mobile devices.

The trading experience on mobile is not always as fully-featured or effective as the desktop version, but it can be very useful for keeping track of your positions and closing out trades.

The vast majority of modern traders will make use of mobile trading apps, but the professionals will focus their main trading work on desktop devices. Nevertheless, there are those who only trade through mobile platforms, and every broker will offer them to accommodate the needs of different types of trader.

Analysis Apps

These are a popular resource for mobile devices, and may be used even more than trading apps.

When you are actively trading, you will need to be paying attention to your trading strategy. This involves running through analysis and checking charts to develop different approaches to the market, and all the good work you do on your mobile can be put to use when you get back to your desk.

These are invaluable tools, and many of them are just as good as anything you will find for your desktop.

Apps have advanced features and can be very easy to interact with thanks to the way mobile devices work, so it’s no surprise they have become the primary source of market analysis for many modern traders.

Market News / Event Calendar

It is always useful to stay abreast of all the news that is relevant to the forex market, whether you are at your desk or on the move.

By keeping a watchful eye on live data feeds and key market news, particularly if you have an open trade in progress, you can make informed decisions and strategise more effectively.

Generic news apps often have sections for economic or financial news bulletins, but apps which are specially designed for this type of news are likely to have more features for you to sink your teeth into.

They also offer more in-depth and comprehensive news, and may even incorporate analysis alongside news to help you interpret the latest developments.

Demo Or Practise Apps

The majority of traders who are just starting out are trading around their day job. This means they simply don’t have enough hours in the day to sit at the desktop honing their trading skills. Apps designed for beginners include things like live demo accounts with dynamic markets that can be interacted with on your mobile phone. They also involve comprehensive market tutorials and plenty of other materials to keep learners busy and educate them as they travel.

App Platforms

Mobile apps are often developed for all major types of device, so android, iOS, Windows and Blackberry. The best apps will make full use of the features available on each platform.

Beyond the device itself however, there are also different trading platforms themselves:

MetaTrader 4 (MT4)

This was the most popular forex platform for most traders until pretty recently. It set the standard for charting and analysis in particular. Traders could develop their own tools and were also secure in the knowledge, that the broker – while having integrations, did not operate (or have power within) the platform.

MetaTrader 5 (MT5)

The next iteration of this powerful platform has arrived and while it took a while to happen, many brokers now offer MT5 integration in place of (or as well as) MT4.

Bespoke Platforms

Many brokers develop their own trading platform, both on websites and mobile. This gives them to freedom to create exactly what traders want. The downside of course, is that brokers also create apps for what they want – which is for traders to trade as often as possible.

It is a trade-off worth making, as many of these in-house apps are feature rich, configurable and easy to use. Many brands will also offer both an in-house platform, and MT4 and MT5 options. The best of both worlds for traders.

Benefits Of Using A Forex App

The convenience of mobile devices and their apps is the number one feature that app developers seek to tap into, so it is no surprise that forex brokers and other institutions now offer apps to deliver that same convenience. With this in mind, here are some of the main benefits of forex trading apps:

  • Convenience – As we have mentioned, forex trading apps make being a trader far more convenient. In the past, traders could only engage with the market from the office. They could only follow the latest news by scouring the newspapers and watching the television. They could only explore and analyse data by sitting at their desktop. And they could only get advice and analysis by making contacts and checking in with them regularly. All of these functions can be performed by a small selection of mobile apps – in some cases, a single mobile app can perform all these functions.
  • Mobility – Not only do forex trading apps make it more convenient to access everything you need as a trader, they also enable you to do it on-the-move. You no longer have to be at your desk or in the office to work – you can keep your finger on the pulse of the markets wherever you are, whatever you’re doing. This is an empowering feature of these apps, making it easier than ever before to be a forex trader.
  • Speed – Traders can no react immediately when they see opportunities.

Disadvantages To Mobile Forex Trading

There are many advantages to using mobile apps for your trading work, but it’s important to note the disadvantages too. If you wish to be successful as a forex trader, it is unlikely you will be able to reach your full potential through mobile apps alone. Here are some of the issues traders encounter when working through their mobile device:

  • Screen size – with such a small screen to work from, you’ll feel this limitation. Many traders work with twin desktops, displaying multiple charts and holding several positions concurrently. This simply isn’t possible on a mobile device – even one with a larger screen size.
  • Distractions – Mobile devices are designed to give you notifications and enable people to contact you. If you are messaging people and checking social media whilst trading, your focus is divided and you run the risk of making grave errors. If you are using a mobile device to trade, try to minimise the distractions.
  • Execution Speed – You won’t be using your mobile device for fast, Straight-Through Processing (STP) trading. The speed of mobile networks is always improving, but there is always latency when compared to trading on your desktop. Furthermore, the general stability of mobile apps makes it a risky thing to do.
  • Over-trading – Often, the best move as a trader is to do nothing. The convenience of mobile trading apps can put you at risk of trading too often, taking risks you may not take at your desk. Discipline is key for good trading.

It’s important to use your mobile trading apps in a way that works best. Be cautious about the things listed above, and fit your trading app into your routine.

Demo Accounts

If you are considering investing in the stock market, but you don’t feel you have the skills or confidence to dive in yet, then a good practice platform can be a great help.

You will want an app which offers a quality virtual trading experience based on real market data. Learning by doing is the best method of training.

This will enable you to gain valuable experience, build a strong knowledge-base, and get insights into how the trading experience works.

Most brokers will offer demo accounts via their app, and the look and feel will mirror the full trading platform entirely

For the most valuable educational experience, look for an app with a comprehensive feature list. This includes:

  • Covering a large number of assets and markets
  • Supporting stop-loss and limit orders
  • The ability to build a portfolio
  • Advanced Charting

Investing news is also available in some apps, along with things like business magazines, in order to provide more in-depth guidance. Multiple graphical interface themes are a nice touch, enabling users to personalise their experience and feel more immersed in the whole process.

Best Forex Trading Apps

The best trading apps will offer a range of features. Each trader may value different things, but when comparing apps there are a huge range of things to consider:

  • Execution Speed
  • Platform Layout (Usability)
  • Security
  • Full Version (Does the mobile app match the website in all functionality)
  • Deposit And Withdrawals
  • Charting / Drawing
  • Reliable (No crashes or glitches)
  • Support Via The App
  • Well Maintained (By the developer)
  • Full Range Of Markets

Other factors might come into play for you personally, but there are some basic level features that every app should delivery.

Analysis Tools

When looking for a forex trading analysis tool, you want something that has advanced features that will work for professionals. Mobile apps are superb on this front, helping traders to track the leading currencies and stocks to invest in.

You want a wide range of chart types, intelligence indicators and drawing tools to give you full control over your analysis.

Many analysis tools that made a name for themselves on desktop are now available in mobile app form. They will integrate touch controls brilliantly, and offer split-screen modes to let you observe two or more markets simultaneously.

Modern forex analysis apps will be powered by the cloud, which enables you to access trade data, analysis tools and price alerts wherever you are. They will provide streaming quotes that cover major forex trading, indices, cryptocurrencies, commodities and precious metals. And they will deliver their analysis on all the world’s major markets.

Look out for additional built-in trading tools, such as:

  • Data release alerts
  • Economic calendars
  • Trading simulators
  • Risk scanners
  • Intelligence reports

Look out for extra trust marks like authorisation and regulation by leading finance regulators like the FCA in the UK and the ASIC in Australia. These things should guarantee that the information presented is accurate and reliable because the software provider has accountability if they mislead or attempt to manipulate anything in the market.

News / Event Calendar

News, particularly economic news, will often drive forex prices.

Many apps will deliver an events calendar that will list economic announcements like central bank rate setting meetings or notable figures and reports being released.

While many view this as a ‘nice to have’ feature, it can be invaluable to ensure traders are not caught out by a sharp move after a news release.

What App Do Forex Traders Use?

There is no single app that forex traders prefer. A trading app choice will normally come down to a range of factors, such as trading costs, speed and reliability.

The most popular apps however (based on downloads) are Trading212 (5.5m), Plus500 (5m) and Markets.com (1m)

Which Is The Best App For Beginners?

Beginners should almost certainly head for the forex trading apps that offer a demo or virtual account See list. These practise accounts require no deposit and beginners can learn how to trade without risking any real money.

Once they have gained confidence, traders can open a real money account via the same app, knowing the platform will remain exactly the same.

Can I Open A Forex Account From An App?

Yes. Almost every forex trading app will allow traders to open an account directly from the application.

How Does A Demo Forex Trading Account Work?

Most demo forex apps operate in exactly the same way as the ‘real money’ platform. They give traders a starting balance of ‘virtual funds’. Traders can then make trades with that virtual money, opening and closing trades using any system or style they want to. If trades show a profit, the virtual balance will grow, but losses will reduce their balance – just like a real account.

While there are psychological differences between trading with virtual money, compared to real money – it remains the best way to learn how to make trades.

Are Trading Apps Free?

Brokers do not make any charges for downloading or using their apps. Trading costs, whether via commission or spreads, will be the same on apps as they are on the full online trading platforms.

20 Best Binary Options Brokers 2020

It is most likely that you have come across the term Binary Options while surfing the net, even if you don’t know what it means. Maybe someone told you, or you read somewhere that you could make impressive returns trading on binary options, and it sounded too good to be true. Maybe they said you could lose all your investment in a flash of a second, and got you scared to even try. There are many in similar circumstances with many questions about binary options lingering in their minds. Before we get to any aspects of Binary options, let explore what it is first, for the sake of anyone who is completely green to the concept.

IMP NOTE:

Now Get Real Account with as little as $10. And start trading the BINARY OPTIONS, FOREX, FX OPTIONS & CRYPTOCURRENCIES at one platform. Click To Open Free Demo Account | Click To Get Real Account In $10 (Updated July 2020)

Binary options are a form of financial trading that involves a fixed amount of pay-off or nothing. That’s why it is called binary options anyway. It is either a 1/0 or Yes/No. There is no other option between. The trading is normally carried out online. The online trade is enabled by binary options traders. The trade involves a variety of instruments like fixed return options and digital options as forex, stocks and market interest rates. That explains why some people will tell you that you can quickly double your money, while others say you can lose it all. There is a lot of speculation among the masses about how binary options work. Many people have lost their hard-earned money because of lack of information. Before you get involved, it is prudent toe sure you understand all the risks involved. You should also work with a binary options broker that you can trust. There are many binary options brokers in the business.

We seek to bust the myths and present the facts as far as binary options and binary options brokers are concerned. There is a lot of misleading information circulating around. There are not many objective options broker reviews either. This is a review of some of the best binary options brokers. The review is essentially a binary options brokers list. The review will give you a deeper understanding of how they operate. The review seeks to arm you with relevant information before you get involved with binary options. Trading in binary options, otherwise known as hedging, can be a blessing or a curse to yourself depending on how you handle. We certainly seek to ensure it is never a curse. The review will explore various aspects of the binary options brokers such as

  • Trading platform
  • Minimum deposit
  • Maximum returns
  • Bonuses

The review will also explore the various laws and regulations governing binary options trading in various countries. It will also highlight a few dos and don’ts as far as binary options trading is concerned. We cannot promise that you make a lot of money after going through the review, but we can promise to show you how not to lose all your money. Tag along and let’s find out what binary options trading is really all about, and find binary options trading best brokers as well.. Below is a binary options broker list with some of their terms of engagement.

Note: Based on my experience, I personally recommend IQoption , ExpertOption & Olymp Trade but please read the full review to select the one that suits you especially from first 5.

Best Binary Options Brokers 2020 Comparison Table

Broker Min Deposit ($) Min Stake ($) Max Payout (%)
IQ Option 10 1 95 1st Choice
ExpertOption 50 1 95 2nd Choice
Olymp Trade 10 1 92 3rd Choice
HighLow 10 10 90
OptionRobot 100 5 85
Ayrex 25 5 85
CryptoRobot365 10 1 90
BinaryRobot365 10 1 95
Binary.com 250 5 85
Finmax 250 10 90
FXMasterBot 100 5 90
BinaryCent 250 10 95
BinaryMate 250 10 90
RaceOption 250 1 90
AutoMatedBinary 10 1 90
ZoomTrader 1000 10 83
HYoption 100 5 83
24Option 100 24 88
Binomo 10 1 90

Best Binary Options Brokers 2020

1) IQ Option

IQ Option is a Seychelles-based online trading platform launched in 2020. It has found a lot of favor in South Africa. It is one of the best binary option brokers in South Africa. They claim to be one of the fastest growing online trading platforms, with over 25 million members to date. Their services include forex trading, stock trading, and ETF trading. There are binary options brokers too. They have over 10 million digital options on which you can trade. You engage in the binary options trade by speculating on the global market currencies, indices, stocks, and commodities movement.

Trading Platform

IQ Option has a website and App on which you can trade. It depends on what you prefer or what is accessible to you. You go to the instruments menu and choose the asset you want to trade in. Each asset is assigned the current profit percentage. You then choose the duration that you want to explore the asset for. The end of the duration will be marked with a red line on the chart. The system will also set a deadline for making the selected trade. Then put up the value you want to trade and confirm using the call or put buttons. You have the option to sell the option before it expires. If you choose to wait until the end of the duration, you will get 95% profit if your prediction was correct or lose the investment if your predictions were wrong.

  • The minimum deposit on IQ Option is $10 for a real account or $3000 for a premium account
  • The minimum investment is $1
  • The maximum returns are 95% profit on your stake
  • IQ Option offers no bonuses.
  • IQ Option is certainly one of the best trading brokers.

2) Expertoption

Expertoption is a binary options broker with a global trading platform. The platform is available to people in over 150 countries across the world. Expertoption was launched in 2020, and it has 8,707,538 registered traders so far. Expertoption is an award-winning platform, having been recognized as an award-winning platform in the China Trading Expo Shenzhen, 6-7 May 2020. The broker offers up to 100 options of assets to trade with. Expertoption does not offer its services to residents of the following countries; USA, Canada, European Economic Area, Switzerland, New Zealand, Australia, Japan, North Korea, Puerto Rico, Sudan.

Trading Platform

Expertoption operates both website and app trading platforms. You can log in to your account on any platform you feel comfortable with. They offer a free demo account too, for novice traders to first test their knowledge before investing any money. The platform has an education center for green beginners too. There is a lot of educational material on the center that you can go through and get relevant insight pertaining to binary options trading. The platform is quite responsive, and it runs 24/7. It offers the following technical analysis tools.

  • Four chart types, eight indicators, trend lines
  • Social trading – this feature allows you to watch other people around the world closing deals, or to trade with your friends
  • The demo account gives you $10000 to try out with

The platform offers five types of trading accounts as follows;

  • Basic – this account is for people who prefer a light start. The minimum deposit for this account is $50
  • Silver – this account includes free consultations. Apparently, many people choose to start here. The minimum deposit is $500.
  • Gold – this account offers you more privileges features and smart investment tips. The minimum deposit for this account is $2500
  • Platinum – this account is regarded as the ultimate account for serious investors. The platform offers exclusive account management and their best expertise. The minimum deposit for the account is $5000.
  • Exclusive – this exclusive account is only an invited-persons only account. It is reserved for people with the highest returns. You can contact your account manager about it, that is if you already have a platinum account.

The maximum returns can go up to 95% profit on the invested amount.

3) Olymp Trade

Olymp Trade is a Cyprus-based online trading platform launched in 2020. The platform boasts of over 20000 traders in a day. It is currently registering a growth 7% in payouts every month, with last month’s payouts totaling to $ 7 969 557. Olymp trade is yet another incredible option for a beginner. It has very insightful educational resources for trading. It is one of the best binary options brokers in Nigeria.

Trading Platform

Olymp trade runs web, android and apple trading platforms. They offer a demo account that you can experiment with first before moving to a real account. It is one of the best binary options brokers with demo accounts. They offer 24/7 trading and over 60 assets that you can trade with. The trading platforms are quite responsive and self-explanatory. The process of setting up and completing a trade is quite simple. The platform also offers you trading signals from experienced VIP traders, to help you make profitable trades.

  • The minimum deposit is $10
  • The minimum investment is $1
  • The maximum returns are 92% profit on your stake

4) HighLow

HighLow is an Australian based binary options broker. A number of platforms won’t admit Australian traders. This is one of the best Australian binary options brokers. It is a great platform for those who like trading for short duration times. It is one of the best 60second binary options brokers. The platform prides itself in a wide range of binary options and some of the highest payouts. They have done over 200% profit on investment payouts. HighLow runs on the MarketsPulse trading platform. It does not accept trader from the US though.

Platform

HighLow has a web, Android, and iPhone Apps trading platforms. They offer a demo account for beginners with a $50 bonus upon sign-up. It is one of the best binary options brokers for beginners. It allows them to test their knowledge before putting in all their money. You select the instrument you want to trade from the top toolbar. It has the current market value indicated on it. You then set up the duration you want to trade for and confirm. There is an expiration duration line beyond which you cannot make any changes on the investment. Your speculations should not go out of the set high and low marks.

  • The minimum deposit is $10
  • The minimum investment is $1
  • The maximum returns are 90% profit on your stake
  • There is a bonus of $50 upon signup
  • HighLow is one of the best binary options brokers with low minimum deposit.

5) Optionrobot

Optionrobot is a high-risk high-return binary options trading robot service. If you are not shy of taking huge risks with high potential returns if all goes well, then Optionrobot the platform for you. The platform’s robots generate trading signals and execute the trade directly to your broker account. Optionrobot boasts of an 83% winning rate. That’s rather impressive. You might not want to stake money you cannot afford to lose on Optionrobot though.

Trading Platform

Joining Optionrobot is quite easy and straightforward. You just sign-up, make a deposit and set up your robot to start trading. Optionrobot features three trading systems. The systems have different risk levels. They are;

  • Classic System – this system has the lowest-risks, and the lowest potential income as well. It is considered the safest and secure. The prospects of making any substantial returns are quite slim though.
  • Martingale System – this system offers you the highest possible returns, but also the highest risks. If you get it right on this system, you’ll be smiling all day long. The risks of losing your money remain high though.
  • Fibonacci System – this is the most accurate system. It is a middle-ground between the two. It strikes the critical balance between returns and risks. You could lose money as much as you could win some.

The other important aspect of the Optionrobot is the trading indicators. These help you set up the robot. The robot monitors these indicators as long as it is active, and makes decisions based on the settings you provide. Optionrobot has six trading indicators that you can make use of. You can work with multiple indicators depending on your knowledge of them. All the indicators need to send a sell signal to the robot for it to sell though. They also need to all have a buy signal if the robot is to buy. The signals include;

6) Ayrex

Ayrex is yet another binary trading broker from Cyprus. Ayrex launched its platform in 2020. It is however not regulated by CySEC though. The company has applied for licensing from CySEC. The platform boasts of over 230000 subscribers to date. It also takes pride in some of the fastest trading speeds with 99.95% of its trades taking place in a mere 28ms. The platform allows direct or high low speculation on the trend of the asset you choose to trade with. Except for the being unlicensed Ayrex seems like the ultimate binary options trading broker.

Trading Platform

Ayrex has a very interactive and responsive website. They also operate Android and iPhone Apps. You can choose to log in to any of these platforms depending on which one works best for you. Ayrex offers several trading accounts. One of the accounts that stand out is the Islamic account. Ayrex has put up an account for Islamic people, that is in full compliance with sharia laws. Trading on Ayrex.com is easy and straightforward.

  • First, you register for a free account
  • You will have to verify your identity
  • You then make the minimum deposit of $25
  • Click the start trading button
  • Select the options you want to work with. Ayrex has a couple of options.
  • Choose the asset that you want to trade with
  • Speculate depending on the option you have chosen
  • Stake the amount you want so long as it within the minimum and maximum investment values
  • Confirm the trade before the deadline and wait for the results.

Ayrex may not be the best platform for beginners. There is not much learning material or guidance resources available. You need to know how to analyze the market and make correct predictions before you engage on the platform. Otherwise, you will be risking losing your capital. You can choose a demo account first before engaging on the real account so that you get to learn the ropes.

On the short-term direct speculations, Ayres pays up to 80% profits on the invested amount. The long-term or high-low speculations could attract a payout of up to 85% profits on the invested amount. Ayrex has frequent trade signals that have been proven to have a winning rate of 60%. That’s is not a winning rate you want to put your trust one if you are not experienced though, considering their payouts are a bit low. All factors considered, they are still one of the best binary options brokers 2020.

7) Cryptorobot365

Cryptorobot365 is yet another Seychelles-based binary trading broker. It mainly deals with cryptocurrencies. You can trade with Ethereum, Bitcoin, Monero, Litecoin or Ripple. The platform, unlike the others, is quite straightforward. You just buy the cryptocurrency of your choice under speculation that it will appreciate in price. The platform is an automatic platform. It monitors the trends in the cryptocurrency market and sells or buys cryptocurrency on your behalf to help you make profits.

Trading Platform

There is not much to learn about the Cryptorobot365 trading platform. They have web and app trading platforms. You can choose any depending on your preference. The platform needs you just to deposit the minimum amount, select the cryptocurrency you want to trade in, and activate the robot. It is one of the best binary options robots. This model is a great option for people without sufficient knowledge about cryptocurrencies. Keep in mind that you could lose the money too. The platform has a demo account that you can use to try out first before you invest your money.

  • The minimum deposit is $250
  • The maximum returns are dependent on the margins of the sales made

8) BinaryRobot365

Binaryrobot365 is yet another robot based binary options broker. Instead of you monitoring the markets, yet set the ideal market conditions and let the robot make the trade when it detects them. Binaryrobot365 claims to register up to 90% win-rate among it traders. It is a great platform for novice traders to try their hand in binary trading. Binaryrobot365 is one of the best binary options brokers in India.

Trading Platform

Binaryrobot365 operates web and app platforms. You just sign up for an account, choose a binary robot service provider and switch on the auto-trade function. It is important to note that the binary robot you choose is a central determinant of whether you are going to make money or not. Make sure the service provider you settle for can be trusted. The robots are technically developed and are based on empirical data. Some of the market factors are non-quantifiable though. Therefore, the robots cannot guarantee you returns.

  • The minimum deposit is $100
  • The maximum returns are dependent on the broker you choose. The returns range between 85% and 90% profit on your investment.

9) Binary.com

Binary.com is a UK-based binary trading broker. It has been licensed by and is under the regulation of the British Isles, Malta, Ireland and the UK. It is one of the most transparent binary options brokers uk. It has made declarations of owning the company, and it is in charge of the market operations. The platform brings together aspects of gambling and binary trading. Its services include FX margins, Crypto trading via MT5 and CFDs. Binary.com offers you over 100 instruments to trade with. Binary.com also offers you interactive webinars, daily market reports and eBooks and videos for learning, all for free.

Trading Platform

Binary.com operates a website and Android and iPhone Apps. You can log in to your account on any platform of your choice. The platform also offers you the option to trade on a virtual account before you move to a real account. Newbies to binary trading can take advantage of the virtual platform and learn the ropes. The platforms run 24/7 all year long. They have interactive and easy to understand charts to help you follow the market trends. The platforms are quite responsive too.

The minimum deposit for a bank transfer or by bank card is $10. Those with e-wallets can deposit as little as $5. You start trading by choosing an instrument to trade with and setting aside a trading duration. You have to have to complete the trade before the expiry time.

The return percentages are not fixed. They vary from time to time. You need to have more than 25 turnovers so that you can have a withdrawable amount. Binary.com also pays a 1.5% payout commission.

The bonuses are not fixed either. You can get two types of bonuses. There is the deposit bonus and the free bonus. You get the deposit bonus one you deposit money above a certain amount. The free bonus is given as per the results of your trades.

10) Finmax

Finmax is a Bulgaria-based binary options broker. The platform was launched in 2020 and boasts of a team of financial market professionals who help people around the work trade in binary options. The platform does not admit US traders though. Finmax has a couple of awards under its belt. They are an indication of its prowess as far as binary trading is concerned. Finmax also offers some of the shorted trade durations. You can set the trade to last for as little as 30 seconds. You can also set long durations. They can be as long as six months, depending on your speculations.

Trading Platform

The trading platform allows an easy sign-up process. It has a lot of educational materials. You have access to eBooks, videos and live webinars from the financial market professionals. Finmax also offers a free demo account that you can use to familiarize yourself with the account. Finmax offers five types of real trader accounts. They are;

  • Bronze – this trader account has a minimum deposit of $250 and full access to all the features. It also attracts up to 25% bonuses and as well as a payout of 75% more than assets.
  • Silver- this account requires a minimum deposit of $1000. It features risk-free trading for up to 25% of your deposit and up to 50% bonuses.
  • Gold- this gold account requires a deposit of $5000. It features +2% of return per each trade and up to 100% in bonuses
  • Platinum – this account requires a minimum deposit of $25000. It features +4% of return per each trade and up to 100% in bonuses
  • VIP – this account requires a minimum deposit of $100000. It features +6% of return per each trade and up to 100% in bonuses

The accounts’ privileges rise with the account’s rank. The high ranked accounts have a lot more privileges.

Trading on the platform once you have the account is easy and straightforward. You choose the asset you want to trade in. You then choose the above and below points. These are the high and low points you are speculating the asset to remain within. You then choose the expiry time and complete the trade before the deadline.

Finmax offers up to 90% profits on the invested amounts. These are some of the highest binary trading revenues you can get.

11) FXMasterBot

FXMasterbot is yet another binary trading robot. It offers 17 forex pairs and five cryptocurrencies to trade with. FXMasterbot claims the platform made by a team of financial analytics professionals. It delivers trading signals after every minute. The system just like many robots, allows you to connect to your broker’s platform.

Trading Platform

Engaging in FXMasterbot is quite simple. You just need to sign-up for an account, then fund your broker’s accounts and set-up the robot and activate it. The robot will trade according to the delivered signals. Unfortunately, the information available about the operation and payout of FXMasterbot is quite scanty.

You can log in into your account using the browser platform or the Apps, either Android or Apple depending on your preferences. It is not prudent to invest on a platform whose results you don’t know and have no way of finding out though. There have been various complaints from traders who have used the platform.

12) Binarycent

Binarycent is a forex CFD trading platform. You trade in binary options with forex as the asset. Binarycent has one of the lowest minimum investment amounts. You can invest as little as 10 cents on Binarycent. Binarycent works just like a majority of the other binary options brokers.

Trading Platform

Binarycent offers three types of accounts depending on the starting capital you have. They are;

  • Bronze – this is the lowest caliber trading account on Binarycent. The minimum deposit required is the $250. The account features 24/7 live video support, I hour withdrawals, 20% bonus, and a copy trading tool.
  • Silver – The minimum deposit for this account is $1000. The account features all the privileges on the bronze account, plus 50% bonus, master class training, and first three risk-free trades.
  • Gold – this is the highest caliber account requiring a minimum deposit of $3000. It features all the features in the silver account, plus 100% bonus, and a personal success manager.

Binarycent also offers a demo account for novice traders. You need to have a certain level of knowledge before you decide to engage in the platform though. Once you have one of these accounts, you can go ahead and choose an asset to trade with. Set up the duration and put up your stake.

Binarycent has maximum revenues of up to 95% profit on the staked amount. You can access the platform through your windows or mac browser, as well as through an Android or Apple App. Their methods of funding the account and withdrawing are quite simple. Unfortunately, the platform offers no trade signals. Your trade is solely based on your analysis and speculation, unless you have the Gold account. You can get some advice from your success manager. Either way, the decisions are still all yours. The manager can only give pointers.

13) Binarymate

Binarymate is a UK-based binary options broker. The UK has strict regulations for binary options trading. Binarymate is registered in the UK, and it accepts US traders too. It is one of the most reliable and secure binary options trading platforms. It is actually one of the most trusted binary options brokers. Binarymate offers more than 100 assets to trade with. It boasts of 5372 trading accounts in the system and $ 3452175 worth of trading volume in the last month. The platform also offers a lot of training and educational materials that newbies can take advantage of.

Trading Platform

Binarymate operates a proprietary website, but they don’t have either android and iPhone Apps. You can conveniently access the platform from any device of your choice. The platform is quite easy to sign-up to. They have three types of accounts, each with a minimum deposit. The perks of having an account with Binarymate include;

  • 24/7 live video support
  • 1-hour withdrawal processing time
  • Secure trading and data protection

The accounts are;

  • Bronze- the bronze package features a minimum deposit of $250. You will also get a 20% bonus on your deposit.
  • Silver- this account requires a minimum deposit of $1000. It also comes with a 50% bonus
  • Gold- this is the highest caliber account. It requires a minimum deposit of $3000. It allows you to choose between a bonus of $250 or risk-free trades.

Binarymate offers stellar customer care support and through their live chat video agents. The agents are available 24/7. It is the best binary options brokers with low minimum deposit uk.

You have the option to start with a demo account if you are a novice to binary trading. You do not have to invest your money before you have learned the ropes and risk losing it. Binarymate is one of the few offshore binary options brokers US. It also one of the best binary options brokers usa.

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades

14) Raceoption

Raceoption is yet another highly rated binary options broker. Raceoption is UK-based and is subject to the UK’s strict laws and regulations. The brokerage was launched in 2020, and it has one of the friendliest platforms. Raceoption accepts traders from all over the world, including those from the US. The platform boasts of average trader earnings of 1217 per month. It has 1570 traders as at the moment and more than $1.9 million in trader earnings per month.

Trading Platform

Raceoption operates a user-friendly proprietary website and an App on both Android and Apple platforms. Raceoption offers three types of accounts. You can sign-up for any one of them depending on the starting capital that you have. The platform offers you over 100 assets that you can trade in. Trading on the platform is quite easy and straightforward too. Below are some general steps;

  • You first select the asset you want to trade in on the drop-down menu.
  • Choose your preferred expiry time
  • Choose the amount you want to invest
  • Confirm the trade before the deadline allowed
  • You will profit with a fixed amount if it turns out you were right.

Raceoption has the signature three accounts. They are;

  • Bronze- this account requires a minimum deposit of $250. It features a bonus of 20%, 24/7 live support, I hour withdrawal, demo account and copy trading tool.
  • Silver– this account requires a minimum deposit of $1000. It has all the features in the bronze account, plus 50% bonuses, a master class training, first 3 risk-free trades and an individual account manager.
  • Gold- this is the ultimate account on Raceoption. It requires a minimum deposit of $3000. It has all the features in the silver account, plus integrated technical analysis, and up to 100% in bonuses.

Raceoption has a wide range of funding and withdrawal methods. You can choose one that suits your convenience. Raceoption has up to 90% payout profits. These are some of the highest payouts in the industry. Many brokers do not admit USA traders. Raceoption is the best binary options brokers for USA traders. It is one of the best us regulated binary options brokers.

15) AutoMatedBinary

Automatedbinary is a binary options trading robot. It is a great service for novice binary traders and veterans as well. It allows you to work with several binary options brokers. You can connect your robot account with several binary options brokers too. Automatedbinary offers you three robots plans depending on the level of risk you are willing to take. Keep in mind that high-risk options mean you can easily lose the money, but you will get a pretty sum if you turn out to be right. Low-risk options may not have high returns even if you are right.

Trading Platform

Automatedbinary runs a proprietary website and an App on both iPhone and Android platforms. Engaging on the platform is quite simple. You just sign up, choose the broker you want to work with, and fund the broker account. Keep in mind that the payouts and bonuses you get are dependent on the broker you choose. The brokers have different accounts on offer depending on the amount you can deposit as the minimum deposit.

You then embark on setting up the robot. Choose the risk plan you are willing to work with. Automatedbinary offers three risk plans. They include;

  • Safe classic – this is a basic low-risk plan. It is a great place for novice traders to begin so that they have time to study the trends before possibly losing a lot. You can set the trade amounts to be anywhere between $5 and $500.
  • Compound martingale – this is a high-risk plan. It is mainly used by casino gamblers. This plan is better for a veteran who has studied the trends for a while and knows what to do when. You can easily lose the money on this plan, but you will be smiling all day long if you turn out right.
  • Accurate Fibonacci – this plan is a middle ground between the latter two. Many traders choose this plan. It represents reasonable risk levels and impressive returns when your speculations are on point. You could still lose though.

The next part of setting up the robot is the match indicators. The indicators are the prompts that tell the robot when to buy or sell. Automatedbinary offers six indicators. You can choose one that you are comfortable with, or multiple if you know how to work with them. Keep in mind that the indicators must send identical prompts for the robot to execute any trade. If you are using two indicators, both indicators might signal to buy for the robot to sell. It applies the same if you are using six of them. More indicators reduce the risk involved in the trade. However, you might end up with zero or very little returns if you combine too many indicators. Automatedbinary works with the following indicators.

  • TREND indicator
  • CCI indicator
  • RSI indicator
  • Williams indicator
  • Stoch indicator
  • MACD indicator.

16) ZoomTrader

Zoomtrader is a Belgium-based binary options trader. Just like many others, it offers the opportunity to trade in stocks, forex pairs, and commodity movement. Zoomtrader has a very interactive platform. However, the platform has no information about its previous trades or revenues generated. That is always a red flag.

Trading Platform

Just like all the others, Zoomtrader offers web and mobile trading platforms. It features three types of trading accounts. The accounts are as follows;

  • Bronze – this account requires a minimum deposit of $1000. It has one trading strategy, weekly market reviews, and an introductory video course.
  • Silver – this account requires a minimum deposit of $5000. It features two trading strategies, daily and weekly market reviews, introductory and advanced video course.
  • Gold – this account requires a minimum deposit of $100000. It features five trading strategies, daily and weekly market reviews, introductory and advanced video course, individual account manager, weekly one-on-one trading sessions and same day withdrawals.

ZoomTrader features payouts of up to 83% profit on investment and bonuses of up to 100% on the first deposit.

17) HyOption

Hyoption is a binary options broker that is licensed by CySEC. It is owned by a company called HYCM based in Cyprus. Hyoption just like many other brokers allows you to trade in binary options using various assets. It offers up to 100 assets that you can trade with. Hyoption does not offer much information regarding how many subscribers they have on the platform, or the revenues collected. Their trading platform has similar features as many other brokers that we have reviewed.

Trading Platform

The Hyoption trading platform is user-friendly and features most of the basic features we have become accustomed to. They operate both proprietary webs and Apps on both Android and iPhone. The system allows you to choose an asset of your choice and speculate on its trend over a preferred period of time. Hyoption have a wide range of options with regard to time. The options range from 30 seconds options to 1-month options.

Hyoption has a very straightforward and easy to use the account. The minimum deposit for a Hyoption account is $100. The minimum investment amount is $5. It offers maximum payouts of up to 83% profit on the invested amount. Hyoption offers bonuses of up to $10000 for new traders. The bonuses are subject to terms and conditions regarding their withdrawal though.

18) 24option

24option is an online trading platform based in Belize City, Belize. It has been around since 2020, and it is one of the most stable and reliable trading platforms. It is under the rules and regulations of CySEC (we are going to talk about this later on in the review). 24optios’s binary trading is enabled by a third-party entity named TechFinancials trading platform. 24option does not accept traders from the US and Australia.

Trading Platform

24option has a website and Apps on both play store and Apple store. Once on the platform, you choose the CFD (contract for difference) you want to trade with on the upper toolbar. There is a filter to control the CFDs you want to see. The platform features indices, forex, stock, and commodities. Next is to choose the direction in which you want to invest. There are numbers in the Buy/Sell buttons that indicate the points required to pass for a successful trade. You trade has to be higher than the number indicated in the buttons. Then choose the duration for which you want to trade and confirm. The graph will show you the progress of your trade. Green means your speculation is positive while red means they are negative.

  • The minimum deposit on 24option is $250
  • The minimum investment is $24
  • The maximum returns are 88% profit on your stake
  • There are bonuses of up to 100%
  • Regardless of a high minimum deposit 24option has already carved a name for itself as one the best option trading brokers.

19) Binomo

Binomo is yet another Seychelles-based binary options broker that has been in operation since 2020. It has been providing brokerage services for Russians. Binomo is registered and regulated by the EU. Binomo prides itself on unique and affords trading conditions. It is hailed as one of the safest and most reliable binary trading platforms in the industry. It is a great platform for binary trading newbies too. It has a wide range of training resources.

Trading Platform

In 2020 Binomo had the best trading platform. It still has one of the best trading platforms today. When the platform was launched in 2020, it shook the market and won Binomo a huge chunk of the market. Binomo offers up to 80 assets that you can trade with. The assets include some of the worlds largest companies. Binomo offers four types of accounts each with different privileges depending on the minimum deposit. The accounts are;

  • Demo account– this account is meant for novice traders to experiment before they start staking actual money.
  • Standard account– the minimum deposit for a standard account it as low as $10. This account allows you access to the real market and analytical support. You can also take part in tournaments and special offers. This account has payouts of up to 83% profits on the staked amount.
  • Gold account– this account has a minimum deposit of $500. The privileges of this account include an expanded list for trading assets, a personal manager, bonus funds and 5% refund on losses. This account has payouts of up to 86 % profits on the staked amount.
  • VIP account – this account attracts a minimum deposit of $1000. It is accompanied by privileges such as 10% refund on losses, the widest choice of assets, personal manager accessible on skype, and 4 hours withdrawals. This account has maximum payouts of up to 90% profits on the staked amount.

Best Binary Options Broker Selection Guide

The reviews above are meant to give you insight about how binary options trading works and the various brokers involved. Our aim is to ensure you have a blissful and profitable trading experience. It would be unfortunate for you to invest your hard-earned cash into a certain platform, only to lose it all. Before you settle on any of the brokers, there are a few common factors you are supposed to consider. The factors are;

Licensing and Regulation

The binary options brokers are supposed to be licensed for operation by the relevant authorities. They should be operating under the regulation of these authorities. The regulation is always in place to ensure you are protected from scams. If you are not a financial analysis professional, it would be difficult to tell whether the market trends being displayed on the charts are real. The regulation is meant to ensure the brokers do not take advantage of the naivety of some traders. Regardless of any reviews you might have seen about various brokers, ensure the broker you choose to trade with is licensed and under regulations. For instance, CYSEC is one of the most respected regulation bodies. It regulates brokers based in Cyprus. It might be challenging to best binary options brokers for us traders because of USA’s tight regualtions.

Minimum Deposit

Ultimately, you can only invest the amount that you have. Take time to explore the various binary options brokers whose minimum deposits you can meet. Fortunately, many of the brokers have broken down their services into various packages for people with different financial capabilities. Check relevant reviews to find out which of the brokers whose minimum deposit you can meet is best for you. They are a number of brokers with very minute minimum deposits.

Maximum Payouts

Different brokers offer different percentages of payouts. Obviously, everyone would want the broker with the highest payouts. Compare the payout and other factors such as customer support, market signals and tips, educational materials, and others. This will help you judge how fair the payouts the broker is offering are.

Conclusion

The reviews and guide above should help you choose your best-suiter binary options broker. We sincerely hope this review can help you trade in binary options profitably. The review has some of the top binary options brokers. You should be able to get a great binary options broker. Happy trading!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

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