There have been a lot of scams in the early days of Binary Options and although now things are a lot safer, you will still encounter brokers that try to scam you in various ways. That being said, when choosing your next Binary Options broker, this is one of the first questions you have to ask yourself: is this brokerage regulated by a major financial watchdog like CySEC Cyprus , ASIC Australia , FCA United Kingdom , CFTC United States , or any other local regulator?

Only a few of the unregulated brokers are trustworthy. Your second concern should be about trading conditions. How much is the minimum deposit?

How much is the minimum trade? What assets are they offering? Will I get a refund in case of a losing trade? If you plan on investing low, you will have to choose a broker with a low investment per trade. If the broker allows you to trade lower amounts per trade, that means that you can stay in the game longer and a losing trade will not be such a big deal.

And finally, the BOTS score. We take everything we just talked about into consideration and translate it into a number anywhere between Choose Your Broker Trust is a major issue when it comes to these companies because, as I mentioned above, you will have to fund an account with them, so your money will be in their possession.

If the brokerage is legit, then you have nothing to worry about, because you can withdraw at any time or use that money for trading and make a profit. Be sure to get a strong feel of the trading platform to help avoid potential trade mistakes. This only makes sense whether you use the demo accounts or not. If you have any questions, you can always contact their customer service department.

As you grow as a trader you will realize how well the trading platform performs. IQoption does not accept traders from the United States, Canada, or Japan.

However, outside of Europe, IQoption is not considered a regulated broker. Nadex is one of the only CFTC regulated exchanges offering binary options. This broker is based out of Chicago, Illinois, and they are one of the standard bearers in the world of binary options trading.

Founded in , and then rebranded in under their current name, Nadex is the go-to choice for binary traders based in the U. You can use a debit card, bank transfer, paper check, or wire transfer to make your deposit. Withdrawals are processed in the same way, except they do not currently allow debit card withdrawals. Nadex offers free and unlimited use of their demo account.

Most brokers limit the time that you are allowed to demo trade to about 3 days, but Nadex has a much stronger focus on the success of their traders. They want traders to succeed because when their traders succeed, they are also successful. Are you interested in mobile trading? Read our Nadex Review.

They offer for both iPhones and Android devices. This is beneficial to some traders, but not to all. Nadex offers their clients tools geared toward helping them to make money, but you will need to make your own decisions about what is best for you and address the risk that is associated with trading on your own.

Although we have our top sites listed above we still have so many other brokers to choose from. Listed below are some other regulated binary options brokers you can use. Some providers work with only certain customers. We will try to give you the leading countries for each broker based on the reviews we gathered. A lot of people get really confused when it comes to binary trading.

We are trying our best to help your transition a lot easier. Always remember the risks you put your money in when participating in this type of investing. Using Western Union to fund a forex broker account is generally pretty easy to do, although it might take some effort on your behalf. There are hundreds of locations all throughout the United States and the rest of the world.

It is a convenient service that traders within the U. can use without hassle. Making a deposit to a forex broker is simple, but you will need to go to a location nearby and fill out some paperwork to do so. There are some big benefits to using Western Union. They are a safe and very secure method of making payments throughout the world. They also provide quick access to an account.

Once the recipient gets notice that cash has been sent, your account should see that money within just a few minutes. You might need to give customer service another phone call in order to notify them that they have a payment pending, but once this happens, your account balance will be updated immediately.

The downside is that there is a fee for using this service. Some places also allow you to send money directly from the Western Union website or by phone. The amount you will pay in fees varies depending upon where and how you are sending the money. Getting a payment from a forex broker back to you is not overly complicated. If you used Western Union to make a deposit, odds are it will be simple to get your site to send you your profits back using the same method.

As with any other type of withdrawal, you will need to supply your customer service or banking department with proof that you are who your claim to be.

This is a constant throughout the industry in order to protect you and their own business. You would need to do this whether you were doing a wire transfer, credit card payment, or if you were using an online wallet, like Moneybookers or PayPal. The good news about using Western Union is that once your site processes your request , you will have your money a lot quicker than with any other type of withdrawal.

Western Union has a next day cash option, or an instant cash option. Another benefit is that if you go and pick up the money at a Western Union location, you will be able to just fill out a paper and they will give you the money in your home currency. It is a big conception among many traders is that weekends are entirely off for trading because some popular stock markets and trading firms are closed on Saturdays and Sundays.

This is what makes binary trading vs stock trading interesting. However, modern technology and differing time zones mean that at least some usually a considerable portion of trading opportunities are available on the weekends. Many firms and markets in gulf countries operate on the Western weekend. Even those who are aware of the fact that weekend trading is possible often choose to ignore the opportunity with the intention of taking rest.

Weekend trading may provide an excellent opportunity for those who are willing to work even on weekends. It is primarily because fewer people are active on weekends; hence, it becomes easier to exploit opportunities. Moreover, the simple rule of thumb is that the more you trade, the more experience you gain and the more profit you are likely to earn. Even if firms are closed along with many markets and government agencies, remember that news and socio-political events do not close on weekends.

As a trader, you must be aware of the impact these news and events could have on price movements for various financial assets and commodities. Hence, weekend trading is never a lost cause. In fact, it may be an amazing opportunity that many refuse to take benefit of. So, when registering yourself with a broker, we recommend that you choose one that offers weekend trading normally most online brokers will offer. Weekend trading brokers are a lot more common than you may think.

Below is a list of some of the many brokers that offer weekend trading:. If you decide to trade on weekends, make sure to make necessary adjustments to your trading strategy in order to gain maximum out of the opportunity. Some strategies that work on weekdays may not be as effective on weekends, and the opposite is also true.

The question many people ask is: Are Binary Options a Scam? We like to answer this with a No, but some scams do exist. This is why, every once in a while, it is necessary to add a binary options broker to the blacklist.

These are brokers that have failed their clients in one way or another, betraying their trust and making us wary about ever using their services. Here, we will go over the various reasons why a broker might be blacklisted. If a broker is blacklisted, we highly recommend that you stay far away from them.

Kindly notice that IQ option is considered a great broker with license from CySEC. The first reason that a binary option broker might be blacklisted is because they were running a scam. Scams take a few different forms. The first that you might come across is the Ponzi scheme. This is where you deposit your money with a broker, only to find out that they were not actually conducting the business that you had expected them to. The broker might disappear shortly after you made your deposit, making it impossible to get your money back, or they might allow you to trade with them for an extended period of time, but when you are ready to withdraw the money that you have earned, it will be impossible to get it back.

They will blame the broker as being rigged. Meaning, they will believe that price jumps against them at the last second causing a loss. Price fixing is another name for it. Binary options brokers, just like any other type of business, come and go. Unfortunately, just because a broker has closed does not mean that their website has disappeared, too. They might still have a web presence, and they might even still be accepting payments for deposit. It is important to understand the itm and otm meaning, and how it affects you if you never get paid when winning.

Brokers who offer touch no touch binary options are somewhat more likely to be a scam but it is not certain. You should only signup to brokers we recommend on our binary brokers list. Typically the unregulated binary options brokers have more freedom to scam because nobody is watching their moves. When a broker is not regulated, there is no one checking up on them to make sure they follow the law.

There is no one checking that the quotes they give clients on assets and execution prices are correct. No one is double-checking their banking methods, making sure that client funds are kept in safe accounts and are always efficiently maintained. No one is externally auditing the site, forcing them stay honest and accountable. Deposits — The minimum deposit depends on the trading account. Withdrawals — One-hour fast withdrawal to any top payment providers.

Trading Apps — Race has iOS and Android apps. Broker Regulation — Raceoption has no apparent regulators. Trading Platform — Race has an easy-access trading platform. You will get technical and economic analysis. Binarium was founded in as the best platform for multilingual traders. Tradable assets — Binarium has many asset types like indexes, shares, binary options, and currency pairs.

Demo Accounts — New traders get a free demo account. Trading Platform — This trading platform brings you enhanced niche features for the best trading. Bonuses — You will get a trade back as a trading bonus.

Advantages — The best advantages are:. Expert has been registered in the United Kingdom since Demo Accounts — New traders get a free test trading account. Country Restrictions — Expert is not allowed in these countries: Switzerland, Israel, Australia, New Zealand, European Economic Zone, Japan, Puerto Rico, Sudan, North Korea, Canada, and the USA.

Withdrawals take two days and require documentary identification. Trading Apps — Expert has apps for literally all devices. These include Windows, Mac, iOS, and Android. Broker Regulation — Vanuatu Financial Services Commission VFSC regulates this company. This platform is very similar to IQOption and Olymp Trade. Advantages — The main benefits are:.

Tradable assets — Binomo will give you more than 70 trading assets. These include currencies, asset pairs, stock indices, and commodities. Max Payouts — Binomo offers a mediocre payout max. Demo Accounts — This broker gives an accessible test trading facility for those learning to trade.

Deposits — There are three different account types with minimum deposits. If you want to go higher, you could choose the Gold or VIP type. Withdrawals — The withdrawal time is dependent upon the account type you choose. The times go in order starting with Standard 3 days , Gold 24 hours , then VIP 4 hours. You can withdraw to many companies, including Alpha Click, WebMoney, Neteller, QIWI, Yandex Money, ePayments, and Promsvyazbank.

Trading Apps — Binomo gives you options to trade on your phone and tablet. Apps include support for iOS and Android. Broker Regulation — Binomo is regulated by the Center for Regulation of Financial Market Relation CROFR. Trading Platform — Binomo has a trading platform named SpotOption. This platform works great for trading and investing by beginners or experienced traders. A Standard account gives a bonus for each refill of a deposit.

Advantages — Below are the primary advantages:. Smartex International owns Olymp Trade. Tradable assets — Olymp offers many assets like stocks, indices, currencies, commodities, and currency pairs. Demo Accounts — Olymp gives you a free test account to learn to trade. Also, Olymp only carries one type of trading account. It takes up to 5 days to complete withdrawal. Trading Apps — Olymp offers apps for Android and iOS.

Broker Regulation — CROFR and FINACOM The Financial Commission regulate Olymp. Trading Platform — Olymp Trade. This platform is conveniently adaptable to all screen resolutions. Advantages — The main ones are:. Finrally focuses on data protection. Cent Project Ltd. owns Binarycent. BinBot features: Min. This broker has a robotic trading system. They launched in Features: Regulation Non-regulated Min.

This broker is browser-based, which makes it very easy to use. LCG has its shares on the London Stock Exchange. Features: Regulation CySEC and FCA Min. Ally started in Features: Regulation FINRA and SIPC Min. This broker has 40 years of experience in this industry.

Features: Regulation US SEC, NYSE, FINRA, SIPC, US CFTC. E-Trade has been going since with efficient hardware. Features: Regulation FINRA, SIPC Min. com, Market Trader and OptionsHouse Instruments Currency pairs, indices, bonds,ETFs,futures,stocks, etc. This broker originates in Russia but claims to be registered in the UK.

Demo Accounts — Free demo testing account. Broker Regulation — At the moment, there is no regulator. Trading Platform — Intrade lacks the advanced tools of some brokers. This broker started in Features: Min. Saxo is a well-known bank from Denmark.

Features: Regulation Danish Financial Supervision Authority Min. OptionClub started in Features: Regulation Netherlands Authority for the Financial Markets AFM Min. This broker is based in Georgia. Features: Regulation Not regulated Trading Platform CloseOption Instruments Forex, binary options, cryptocurrencies, etc.

Are you looking for the best binary options brokers? We have tested and compared most of the regulated binary options brokers and platforms in In this comparison can find the complete list of the best and most recommended brokers and platforms, in order to help you find the best binary options platform that will suit the beginner trader as well as the most expert traders.

The comparison tables below list and ranks the different binary trading sites based on different criteria like minimum deposit, maximum return, regulations, and bonuses available. You can also read our reviews about each broker and platform we recommend in this article, this information about brokers will help you compare them and make the best choice.

In this comparison list, you will also find different tips on how to choose the best trading platform according to your personal needs, all of which will mainly depend on your affinity and preference as a binary options trader. Brokers Payout Min. Table of Contents. io is probably one of the best binary options trading sites in our comparison.

With a simple and intuitive trading platform, with no less than 22 trends indicator and oscillators, as well as the most precise trading signals that will help you in the development of your trading strategies. Quotex gives access to More than instruments such as Forex, commodities and indices. You can open a demo account without registration or deposit to practice binary options trading and develop your strategies.

Deposits and withdrawals are made by various popular payment methods such as Visa and MasterCard debit and credit cards, Skrill, Neteller, Yandex Money, WebMoney and Qiwi. IQ Option also allows you to speculate via contracts for difference CFDs on stocks, cryptocurrencies, and ETFs as well as on various digital options. The IQ option trading platform is used to trade CFDs as well as to trade binary options and digital options.

You can trade with leverage on different assets such as forex, commodities and stocks as well as on indices. IQ option is a CySEC Regulated broker and is MiFID compliant. However, clients outside the EEA operate with a company called IQ Option Ltd. which is based in St. Vincent and the Grenadines. Pocket Option is one of the best brokers for binary options trading. Pocket option allows you to trade online with over assets through its web platform, mobile app or MetaTrader 5 trading platform.

This binary options broker operates under the company name Gembell Limited which is located in the Marshall Islands. It is a serious offshore broker for trading stocks, commodities, forex, currencies, crypto currencies. This binary broker is regulated by IFMRRC and accepts clients from all over the world, including traders from the United States and Europe.

It is very easy to open an account on Pocket Option and withdrawals are immediate. We find that this broker is very popular and appreciated by traders all over the world. You can trade binary options on a modern web platform and their trading app which has everything you need for a top level trading experience including popular indicators and signals. In addition, many special features make the broker unique such as Copy Trading as well as other innovative features.

Raceoption is one of the most renowned binary options companies. It is a serious binary options broker and provides a clear and intuitive trading platform. Launched in RaceOption operates under the company name Makerun Corp and is based in the Marshall Islands, it is one of the only binary option brokers to accept clients from the US and around the world.

You can also trade forex via CFDs as well as other assets available on the platform. RaceOption is one of the few binary option brokers to feature Copy Trading, which is a feature many traders like to familiarize with trading and copy top traders registered with the broker. Unlike other brokers, access to customer service is very easy and this is done through a dialog box visible at the bottom right of your screen. However, you can deposit with crypto currencies like bitcoin, ethereum as well as other crypto currencies without fees as well as with Perfect Money electronic wallet.

Created in , This broker operates under the name of Wave Makers LTD, a brokerage company based in Marshall Islands.

Just like other brokers that we list in this ranking of the best brokers, BinaryCent is not only a binary options broker, but also provides forex brokerage and contract for difference CFD services.

CFD gives you the advantage of being able to use leverage. This gives you the opportunity to take larger positions than you normally can and thus amplify your potential profits. In terms of regulation, BinaryCent is a broker regulated by the Global Financial Services Authority GLOFSA. OlympTrade is a serious online trading broker that accepts traders from most countries of the world.

This online brokerage companie are fully legal and officially registered and have received several awards for their professionalism. This Binary options broker is regulated by the International Finance Commission since which is an excellent point.

On our binary option broker list, OlympTrade is the best binary option broker with MT4 trading platform. yous can Explore the platform and test your trading strategies for free and can make quick and easy deposits and withdrawals with Bank Card, JCB, Union Pay, Neteller, Skrill, Perfect Money, WebMoney, Bitcoin, Tether USDT and Ethereum. With this online broker, you can trade Currencies, Stocks, Metals, Indices, Commodities, Crypto, ETF and OTC assets with their platform or with the MT4 trading platform that many traders like for online trading.

com started its activity in and is a renowned binary options broker that allows you to benefit from the same rates as traders in the interbank market. All prices are in real time, compared to interbank options markets. This broker is one of the best in the binary options industry. With this broker you have access to a wide range of assets such as currencies, stock indices, commodities, and synthetic indices and you can choose expiration periods ranging from 10 seconds to days on binary option contracts.

con is licensed and regulated in the British Isles and in Malta since and operates with the strictest security standards in the industry by segregating your funds and holding them with secure and approved financial institutions.

You can make your withdrawals and deposits with a wide variety of payment methods such as bank transfers, Visa, Mastercard and Maestro debit and credit cards and a multitude of electronic wallets such as Skrill, Neteller, WebMoney, QIWI, PaysafeCard, Sticpay, Airtm, PerfectMoney and FasaPay. Binomo is a well-known brand in the online trading and binary options industry.

This broker has won numerous awards, notably the IAIR Awards and the FE Awards. Binomo is regulated by the Financial Commission, an independent regulatory body that compensates clients for bad brokerage practices and litigation. With binomo you can trade simultaneously without restriction. Trader the week and gives you the opportunity to trade using a wide range of assets via binary options and CFDs.

Like most of the best brokers, you can trade with their app for iOS and Android as well as stay informed instantly about trade closings and markets closing, promotions and tournaments. With this broker, You can make deposits and withdrawals quickly via Visa, Mastercard and American Express cards as well as via JCB and China Union Pay.

ExpertOption is one of the leader in online trading industry and is trusted by more than 50,, clients. This broker received the award of the Best Trading Platform at China Trading Expo in May On ExpertOption, you can trade among more than assets and stocks and is continuously adding new financial instruments to have more and more market opportunities for traders.

Instead of using classic trading platforms like MT4 and MetaTrader 5, this binary option broker has its own platform with 4 types of charts Area, Line, Bars and Candles 8 indicators Moving average, Bollinger bands, Alligator, Parabolic SAR, Fractal, RSI, Awesome oscillator and MACD and trend lines for your technical analysis.

Expert Option gives you the possibility to use a Social trading function too, which can help beginners as well as expert traders to copy the trades of the best traders. Deposits and withdrawals of money on Expert Option are fast and without commission.

They can do this with Visa, MasterCard and Maestro debit and credit cards as well as various payment methods such as skrill, Neteller, m pesa and JCB. The Broker Expert Option does not accept citizens and residents of the European Economic Area as well as other countries and regions of the world such as the United States, Canada, Russia, Switzerland, Israel, New Zealand, Australia, Puerto Rico, Singapore, Bangladesh, Indonesia, Iran, North Korea and Yemen.

ai is a blockchain-based broker that uses crowdsourcing technology, which allows traders to trade directly against Specter.

ai liquidity pool or against other traders. One of the particularity of this binary options broker is that it is entirely based on a set of audited and secure smart contracts.

With the blockchain technology and integrated smart contract of this broker, you can trade directly from your own digital wallet without making a deposit.

This broker is also recommended to Muslim traders because it is a Sharia-compliant halal broker, with no hidden fees, no haram assets and with no-fee trading. This allows the trader who honors the Islamic faith to be able to trade their preferred assets while respecting their faith and beliefs.

This broker is regulated by the CFTC which is one of the most renowned regulators in the online tarding industry and guarantees you financial compensation in the event of a dispute with the company. Of course, this binary options broker accepts US American traders and gives them access to a whole range of derivative products such as binary options and other financial derivatives. Brokers are essential intermediaries for any traders wanting to have access to the binary options market.

Comparing brokers is an important step to ensure that you are trading binary options in good condition. On our site, we have compiled a list of all the comparison factors that are important to your decision-making when choosing a broker.

These criteria will help you select the broker suited to your needs with which to open an account:. There are several criteria that traders must use to select a suitable binary options broker:. Some binary options offer all trade types, while others are more restrictive.

Some brokers have great depth and are able to offer financial assets for trading that cover the forex, commodity, futures and bond markets. All of these factors will ultimately affect the way a trader plays the market, and ultimately, his profitability.

For more information you can also read our article on choosing a binary options broker. Keeping this in view, we have tried to use these criteria to draw up what we feel are the best binary options brokers that traders can do business with.

The list is not very exhaustive, but we consider this a good place to start. CFTC — Commodity Futures Trading Commission United States FCA — Financial Conduct Authority United Kingdom CySec — The Cyprus Securities and Exchange Commission Cyprus and the EU FSB — Financial Services Board South Africa ASIC — Australian Securities and Investments Commission Australia.

So you should be taking this factor into account when choosing an online broker. The list below lists the main regulators of online trading, there are others besides the one mentioned below. Please also note that more and more brokers are regulated by more than one regulator. In most cases, the most reputable brokers are generally regulated. The regulation and licensing of brokers should be considered when choosing your binary broker.

This allows you to get your money back in the event of a problem or bad brokerage practices. Trading with a regulated broker gives you the guarantee that you are trading in good condition.

There are always serious and honest unregulated brokers out there, but many are untrustworthy. This means that a trader should take more care when trading with unregulated brokers. Opening a free demo account for binary options is the best way to get an overview of what the broker has to offer. This will allow you to familiarize yourself with their platform and test different trading strategies without risking your money.

To find the best binary options broker, note the features you cannot go without, and find a brokerage that offers every feature you want. CFTC rules protect traders from fraud in the binary options market as well as other markets such as swaps and futures. Seasoned traders also use signals to determine the best binary options trade they can make. How much capital are you willing to invest in binary options games? Please check with your regulator. Nothing less. Some brokerage firms may also have their own in-house binary trading platform.

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