Best Binary Options – Top Ratings & Reviews of Best Binary Options Brokers & Trading Platforms

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

Contents

BEST Inc. (BEST)

Visitors trend 2W

Previous Close 4.93
Open 4.98
Bid 4.80 x 1300
Ask 5.35 x 1800
Day’s Range 4.93 – 5.24
52 Week Range 4.01 – 6.74
Volume 1,124,359
Avg. Volume 1,542,766
Market Cap 2.006B
Beta (5Y Monthly) 1.03
PE Ratio (TTM) N/A
EPS (TTM) N/A
Earnings Date Mar 11, 2020
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date N/A
1y Target Est 42.51
Fair Value

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Best Binary Options Brokers 2020:
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    Best Binary Broker!
    Perfect for beginners!
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Edited Transcript of BEST.N earnings conference call or presentation 13-Aug-19 11:30am GMT

Q2 2020 BEST Inc Earnings Call

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Recommendation Rating

Analyst Price Targets (9)

Company Profile

Huaxing Modern Industry Park
2nd Floor, Block A 18th Tangmiao Road Xihu District
Hangzhou 310013
China
86 571 8899 5656
http://www.best-inc.com

Sector : Industrials
Industry : Trucking
Full Time Employees :

BEST Inc. operates as a smart supply chain service provider in the People’s Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management. It offers integrated services and solutions across the supply chain, including warehouse management, order fulfillment, express delivery, freight, and other services for multinational and corporate customers, as well as small and medium enterprises. The company also provides express delivery services; and door-to-door integrated cross-border supply chain services to and from China, including international express, less-than-truckload, fulfillment, reverse logistics, and freight forwarding through its network, and transportation and warehouse partners. In addition, it operates real-time bidding platform to source truckload capacity from independent transportation service providers and agents; and offers online merchandise sourcing and store management services for convenience stores, as well as B2C services, such as parcel pick-up and drop-off, and bill payment services. Further, BEST Inc. provides various value-added services, including customized financial services, including fleet and equipment finance leases; and centralized sourcing of products and services, such as bulk procurement of trucks and accessories. The company was founded in 2007 and is headquartered in Hangzhou, the People’s Republic of China.

List of the 11 Best Binary Options Brokers – Review 2020

The choice of a good Broker is undeniably one of the hardest steps to successfully trade as a beginner. My Binary Options Broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.

Best Platform
Highest Yield 100%+
Best Support

Broker: Review: Regulation: Min. Deposit: Yield: Advantages: Open Account:
1. IQ Option (5 / 5)
Read Review
CySEC (EU) 10$ up to 100%+
2. Olymp Trade (4.8 / 5)
Read Review IFC 10$ 92%+

Huge range of assets
High Yield 92%
Bonus Program 3. Expert Option (4.8 / 5)
Read Review VFSC, FMRRC 50$ 90%+

Good Platform
Account Types
Good Education 4. Binary.com (4.8 / 5)
Read Review MGA, FSC, VFSC 5$ up to 100%+

Highest yield
Clear platforms
Automatic trading 5. Binomo (4.7 / 5)
Read Review IFC 10$ 87%+

Clear Platform
High Yield 87%
VIP Program 6. Finmax (4.6 / 5)
Read Review FMRRC 250$ 70 – 90%

Account Types
Bonus Program
Webinars, Coachings 7. BinaryCent (4.3 / 5)
Read Review ✘ 250$ 80 – 95%+

Support 24/7
High Yield 95%
Trade with cents 8. Binarium (4.1 / 5)
Read Review ✘ 10$ 70 – 85%+

Clear Platform
Fast execution
Huge range of assets 9. Pocket Option (4 / 5)
Read Review FMRRC 50$ 80 – 90%+

Innovative Platform
Awards
Bonus Program 10. RaceOption (4 / 5)
Read Review ✘ 250$ 70 – 90%

Support 24/7
FX/CFD/Binary
Bonus Program 11. Ayrex (4 / 5)
Read Review ✘ 5$ 70 – 85%

Good Platform
Contests
Bonus Program

Binary Options is a financial instrument to trade worldwide assets with the possibility of a high return on investment. It is like betting on rising or falling markets. There are only 2 options, that is why it is called “binary”. You can win a high return of 75 – 95% in a selected time horizon or you lose the amount of your investment. It is so popular because it is a way to trade the markets very fast (5 minutes or less) and easy. I have to mention here you can trade it longterm too.

For more information about the financial product and how it works read the article: “How are Binary Options are working?”

The criteria of the Binary Option Broker Review 2020

If you looking for a good broker, you should following the next steps when you check the company. Sometimes traders get scammed by a bad and criminal broker. With this review and comparison, we try to prevent it. Furthermore, Binary Options are very risky. You only should invest money, which you can afford to lose. You can check the following criteria for finding the best company.

Criteria for a good and reliable Binary Options Broker:

  • The official physical address of the broker
  • Regulation or license
  • Free Demo Account
  • Experience in the markets
  • Good support and service
  • High asset profit and fast execution
  • User-friendly trading platform
  • A platform for mobile trading

Reliability of a broker and safety for traders

It is important to look at how long the broker has been on the market. I easy checked it on the homepage from the financial companies. A good broker provides you with all the information which you want to know. Some companies got an international regulation or license. Also, this is good for reliability. In addition to that, I checked the address of the brokers in this review. As a trader, you want to see clearly an official address of the company. At latest a trader should trust a broker. If you are not sure, just invest a less amount of money first and check the platform by yourself.

Official regulation and license are very important

High payout and asset return of investment for Binary Options

One of the most important point to consider is the asset profit. The average of the payout in this review is 75-95% for each Binary Options trade. There are differences between the brokers. Every trader wants to make a high profit in trading. If one broker got less asset profit like – 5%, this can be a huge restriction to you possible profits.

Moreover, every time the payout depends on the traded asset. Normally the broker provides the highest payout on the most traded asset. In addition, the payout can dependent on the expiration time too.

Which broker provides the highest profit?

Free and unlimited Demo Accounts are necessary for every trader

The broker should provide you with a free demo account. This is an account with virtual money. It is made to practice the financial product and to test the trading platform. You can trade Binary Options without any risk with this virtual money. It is completely free to use. Also, traders can develop new strategies or improve their trading skills. Advanced traders or beginners try to trade new assets for the best success with this account.

Open your free demo account now.

On the other hand, sometimes the broker gives its traders trading tips for analysis or strategies. The demo account is perfect for practicing that new knowledge. Trading is very complex and often it is not easy to find the right way. This is the main reason for using a demo account. Most traders gain experience first before they invest real money. With own experience, it is possible to get a high profit with trading in the right direction.

How to open your real account

The opening of a real account should be as easy as the opening of a demo account. In most cases, it is very easy and fast. The broker requires some additional documents and data of the trader to proof their personality. Upload a picture/copy of your passport. Sometimes they require a utility bill. The broker will check the documents and verify your account in less than 24 hours. Important information: The broker only withdraws full verified accounts. (Not every broker requires this documents)

What do you need:

  • Data: Full name, address, birthday, phone number
  • Picture/copy of your passport
  • Sometimes picture/copy of a utility bill

Review of the Binary Options Brokers support and Service for traders

As a trader, you need good support and service. Most brokers are showing experience and knowledge in Binary Options. The Binary Options Brokers in this review give you the best and fastest support. According to that, they give traders sometimes a good education with webinars, videos or strategies. For beginners, it is important to learn theoretically about Binary Options. It is a risky financial product.

You can learn the basics and advanced trading knowledge in webinars with experts. The most brokers first show you the basics like functions of candlesticks and the use of technical indicators. Usually, a trading platform offers more than 30 different indicators. Sometimes it is hard to find a good working strategy with them. In addition, they give you some advanced knowledge and information to rule the markets. Most brokers offer you a better education if your deposit is higher (see account types).

Another option of service is account types. For big traders with high deposits and high trading volume, some brokers offer different account types. As a trader, you can get great advantages. They offer you higher yields, better support, bonus or a cashback program. This is a way to get more profit in trading. For example, the broker offers you a higher asset profit of 5%. That can be very helpful.

The companies in this review offer you:

  • Chat support
  • Telephone support
  • Email support
  • Education centers
  • Webinars, videos, strategies
  • Account types
  • Account managers

Diversity of assets and test of the Binary Options trading platform

I tested the trading platforms of the Binary Options Broker Review. In conclusion, they are very good and innovative. They give you a very good reaction rate which is important for short-term trading. You can use them for your computer or as an app for your mobile phone. In addition to that, they are very flexible and customizable. Use different indicators for the best strategies. As you see in the picture below I am using Bollinger Bands and the RSI. They are very popular.

First of all the trading dashboard is the most important point of the trading platform. You should be able to switch very fast between different expiry times and create new trades. Some strategies are designed to have multiple trades open at the same time. The brokers in my review provide you the fastest execution time. Secondly social trading very popular. In some trading platforms, you can copy the best traders of the broker and make an automatic profit. They show you transparently what they are trading and you can start copying them.

Another important point is the flexibility of the platform. An app should be available for mobile trading. On most platforms, you can customize the chart very easy. Thanks to the digitization, platforms are getting better and the brokers always try to improve them. Use free indicators and technical tools for your analysis. Moreover, you can use the newsfeed to trade exactly high volatility. Market news occurs every day – Why not use them to make money?

Facts of the Broker Review:

  • Fast execution for your trades
  • Customizable
  • Use indicators and more
  • Apps for mobile phone
  • More than 50 different assets

On the most trading platforms, you can trade Binary Options with forex, stocks, cryptos, and commodities. There is a big diversity of assets for you. The yields depend on the category of the asset. More often than not the most traded asset gives you the highest yield. You can easily see that on the platform.

Weekend Trading (OTC) and Cryptocurrencies (Bitcoin and more)

Each broker in this list provides the service to trade on the weekend. The platforms are open 24/7. Weekend trading is allowed and advocated. On the weekend you can trade Cryptocurrencies like Bitcoin, Ethereum, Ripple and Forex OTC charts. Cryptocurrencies are traded decentralized and the stock market is open 24/7 for them.

Especially attention should be paid to the OTC Forex charts. Normally the stock exchanges are closed on the weekend but the international internal bank market is working. The volatility is much less than in the normal working days Monday – Friday.

The first steps for your Binary Options success:

  1. Learn the Binary Options basics. Information for trading Binary is available at the broker platform or the internet. For questions, there are certain forums available.
  2. Develop a successful strategy. Most brokers will help you to find a way to trade successfully.
  3. Use the Demo account. It is an account with virtual money. So you trade without risk the markets.

You should ask yourself these questions:

  • What do I want to achieve with the trading of Binary Options?
  • How much I want to invest?
  • Where, on which market I want to trade?
  • How do I react to losses?
  • What are the chances of winning?

Deposit and withdrawal by a Binary Options Broker

Nowadays the deposit is easy like the withdrawal. Most brokers only need a small amount of money to open your real account and give you access to the market. Capitalize your account in few seconds with a credit card, bank wire, cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal systems are working very good too. Sometimes it is fully automatic. Most companies payout in less than 24 hours. In addition in a lot of cases, there are not any fees for you. Another important fact is brokers only withdrawal verified accounts. So get your account full verified with the right documents as mentioned before.

Bonus Programs and conditions for traders

Bonuses are very popular in the section of Binary Options Brokers. Most companies offer a deposit or a no-deposit bonus. There are a huge diversity of promotions for traders. Mostly the bonus depends on the deposit amount or you can choose it manually. For example, some brokers offer a bonus of more than 200%.

It is a good way to top up your trading account balance and earn more money. You can trade with more risk and grow faster your account, but you should not forget the bonus conditions. Every time there are requirements for the bonus. For example, you do a deposit of 5000$ to your broker and trade with sensible money management of 1% of the account balance per trade. That means you invest 50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and your account balance is 10.000$ now. At the moment you can trade with sensible money management with an amount of 100$ per trade. That sounds good and you grow your account faster as without bonus.

The deposit bonus is a good way to increase your account balance and to trader with more risk.

As mentioned before there are conditions of the bonus. Simply there is the requirement of turnover of the bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have to do a turnover x50. It is important to read the bonus requirements. If you got any questions, you can ask the support. In most cases, you will see the requirements transparent on the platform.

  • Deposit bonus: Get additional money to your account balance.
  • No deposit bonus: You will get a small amount of money for free, but you have to do a huge turnover before you can payout the profit.

Welcome Bonus for beginners

The no deposit bonus is named welcome bonus. There are different ways to get a welcome bonus. One way is to win a free demo contest (read more below) without any risk. You compete to other traders on the platform. The rules are easy to understand: Just try to get the highest account balance versus your competitors. If you win, the broker pays a high prize. It is like a welcome bonus because you do not invest real money.

On the other hand, as mentioned before the no deposit bonus is like a welcome bonus. There are a few brokers who offer this bonus. Just create your real account and activate the welcome bonus. The company gifts you any amount of money to your account balance but you can not withdraw the money. You have to do a high turnover of the welcome bonus like 30x or 40x. Recommend broker for a welcome bonus is Pocket Option.

Binary Options Tournaments

In addition, most brokers offer tournaments or demo contests for beginners and advanced traders. You must pay a fee to participate in a contest with a huge prize fund. The rules are very simple: You get a separated demo account where you have to get the biggest balance as possible. You will compete against other traders of the broker. Sometimes there is a prize fund of 100.000$ or more. Furthermore, it is not easy to win the contest because there are a lot of competitors.

The demo contest is a tournament without participation fee. That meant that the prize fund is much smaller than the paid tournaments. But it is a good way to earn money with a small amount of money (participation fee). If you are a successful trader, you can easily win these contests.

Countries for traders

Binary Options are not allowed in every country of the world. In addition, some countries forbid trades to use foreign brokers. Most brokers accept international traders, but there are restrictions for forbidden countries. You can not generalize it because the broker decides which customer he accepts.

Nowadays Binary Options become more and more popular for traders. It is a simple and efficient financial product. It is possible to generate a high payout in a short time horizon. Asian and Africa are growing very fast and people like the function of trading. The brokers in this review try to improve their service in this region of the world because the demand is very high. They improve their customer support with different languages and other services.

The fastest growing countries:

Are Binary Options legal?

Sometimes there are some restrictions to this financial product that depends on a particular country. Personally, I only know one area where Binary Options are forbidden. It is the European Union but some offshore and international brokers accept EU traders. It is like gambling on rising or falling markets and easy to understand. The EU tries to protect its citizens because there are a lot of scam brokers. To prevent a scam, use the best brokers of this review.

Find the best Binary Options Broker 2020 – Conclusion of my review

On this site, I showed you the idea of finding a reliable Binary Options Broker. In the list, you see the best companies in 2020. For successful trading a good broker is necessary. The company should allow you your own strategy of trading and give you good support and service. On most platforms, you can learn via education videos how Binary Options are working.

Also important is the execution of your trades. It should be very fast and with no delay. Usually, every broker does that. Nowadays as a trader, you can start with a small amount of money to trade Binary Options (10$ or less). It is possible to turn it in a high amount with the right strategy. In conclusion on this site, you can find the best and proofed Binay Options Brokers 2020.

Read more about them in my reviews:

I recommend this article if you can not choose between the most known brokers: “IQ Option vs. Olymp Trade vs. Binomo”

List of the best 5 Binary Options Brokers 2020 | Comparison

Table of Contents

Broker: Review: Regulation: Return on investment: Advantages: Account opening:
1. IQ Option (5 / 5)
➜ Read the review
CySEC (Cyprus Securities and Exchange commission) up to 100%+ + Best platform
+ Best support
+ Highest yield
2. Binary.com (5 / 5)
➜ Read the review VFSC, FSC, MGA up to 100%+ + Automated Trading
+ High yield
+ Forex & CFDs 3. Expert Option (4.5 / 5)
➜ Read the review VFSC up to 90%+ + Good Support
+ Account Types
+ Social Trading

4. Pocket Option (4 / 5)
➜ Read the review IFMRRC up to 95%+ + Accepts any clients
+ Bonus program
+ Social Trading 5. Binarium (4 / 5)
➜ Read the review No Regulation up to 95%+ + Accepts any clients
+ Bonus program
+ No fees

You are searching for a reliable Binary Option Broker? – Then you are right on this website, we show you a list of the 5 best trading platforms for digital options. Binary Options have pros and cons but what is more important to find a good Binary Options Broker. With more than 7 years of experience in the financial markets, we exactly know how to spot a reputable trading platform. Inform yourself about the 5 best brokers and their characteristics. Should you invest your money with Binary Options? – Find it out.

How to spot a reliable Binary Options Broker:

On this website we only show you tested Binary Options Brokers by ourself. We want to be sure that the companies pay out the profit. Be aware of trading Binary Options because there is a lot of scam on the internet. That is why you should check a broker before you sign up and invest your hard-earned dollars.

To find a good Binary Options Broker we have different criteria. Safety for customers is the most important point. In addition, a trader needs professional trading software and a high return on investment. The following criteria are used to find a good broker.

Our criteria for a good Binary Options Broker:

  • Regulation of finance authority
  • Safety for customer funds
  • Free demo account for testing
  • Low minimum deposit
  • High return on investment (yield)
  • Usefull trading platform with analysis tools
  • No hidden fees
  • Fast execution of trades
  • Available support in different languages

Regulation and safety for customers

We have to note that Binary Options are not allowed or supported in some countries. That is why not every Binary Options Broker accepts customers from certain countries. Mainly unregulated Binary Options Brokers accept international and all clients. The demand for trading binary is very high that is why we also show you 2 unregulated brokers who are accepting any clients.

Safety for the customer is important and every broker understands it. The company is regulated and is using regulated payment methods. The brokers guarantee the safety of customer funds which are managed in big trustworthy banks. The client’s funds are separated from the companies money.

For example, you will find the regulation and company information mostly on the bottom of the broker’s website:

Example regulation of Binary.com

Binary Options bann and fraud:

In the most cases Binary Options is an OTC (over the counter) traded product. Traders are trading against each other on the brokers platform. In the past there was a lot of fraud around this financial product. That is why some countries try to bann Binary Options or made more secure regulations. For example, in Europe Binary Options are only sold to professional clients at the moment and in the United States of America the Securities and Exchange Commission only allow exchange-traded Binary Options.

How do Binary Options work? – Quick Tutorial

How to trade Binary Options? – In this section, we will give you a short overview of the finance product. The most mistakes are happening because of misunderstanding.

Binary Options have only two main results:

  • You loose your investment amount
  • You get your investment amount back and earn a high yield
  • (If the price is not moving you get the money back)

It is very easy to trade Binary Options. That is why it is a popular investment. First, you have to analyze the chart and market for a potential trading idea. If you are sure to invest you can open the trade. Make a forecast of the price movement. You can invest in rising or falling prices. You buy (call) or sell (put) after you have chosen the investment amount and the duration time of the trade. The price has to be above or below your entry point (strike price) in order to get the return on investment.

Binary Option Trading example (short trade)

How to trade Binary Options:

  1. Make a forcast of the price movement
  2. Choose the duration (expiry time) of the option
  3. Choose the investment amount
  4. Click on buy or sell
  5. Wait till the duration time is over or sell the option before
  6. Make a return on investment or lose the investment amount

Detailed comparison of the 5 best Binary Option Brokers

We tested every Binary Option Broker which we publish on this website in detail. In the next section, we will give you a deeper look into the trading platforms. You will get the first-hand experience and if you want to read more information you can visit our full review of the companies. The Binary Option Brokers are listed after your review conclusions.

1. IQ Option

IQ Option Trading Platform

In our list IQ Option is the Best Binary Options Broker. This platform can offer a phenomenal service for the trader. For many years the brand is well known in the industry. It is a European company which is acting internationally, international clients are accepted.

You can start with a low minimum deposit of $10 or a free demo account. It is possible to trade more than 300 markets on the platform. There are binary options, digital options, forex, CFDs, stocks, and ETFs. It is a multi-asset brokerage. Moreover, the return on investment is very high and up to 100%+. The company also offers VIP accounts to get more returns.

What makes IQ Option so unique? – It is the perfect trading platform. You will get very nice handling which you will not get on other platforms. Watch more than 100 education videos and chat with other traders. Also, there is 24/7 support in different languages. Overall, IQ Option has the best features for binary trading.

Conditions for IQ Option traders:

  • European broker and company
  • Regulated and high safety for customers
  • Multi-asset brokerage
  • Trade binary options, forex, stocks, ETFs, CFDs and more on one platform
  • In comparison the best trading platform with the most features
  • Free demo account with $10.000
  • Low minimum deposit of $10
  • No hidden fees
  • 24/7 support for traders
  • Free education for traders

2. Binary.com

Official website of Binary.com

Binary.com is the oldest broker for Binary Options and active since the year 2000. It is also an international company which got different regulations around the globe. Binary.com invented online trading for Binary Options and offers a professional trading platform. If you want to start to trade you can use the free demo account or start with a minimum deposit of $5.

What is so special about this broker? – There are many opportunities to invest in the platform. You can trade options, forex, and CFDs. More than 100 different assets. Binary.com is the only broker for Binary Option which support automated trading. You can create a bot by yourself on the trading platform and let it run.

The return of investment can be up to 100% and the spreads are very low for forex trading. Beginners can enjoy educational tutorials for each platform of Binary.com. The platform is available for any device. Furthermore, the broker support trading with the popular software MetaTrader 5. All in all, Binary.com is a reputable broker for binary trading.

The conditions for Binary.com traders:

  • Popular broker since 2000
  • Multi regulated company
  • Accepts international traders
  • Free demo account
  • Minimum deposit only $5
  • More than 100 markets to trade
  • Forex, CFDs, stocks, commodities, and more
  • Return on investment up to 100%
  • Multi-platforms
  • Supports automated trading (bot)
  • MetaTrader 5
  • Support in different lanugages 24/5

3. Expert Option

Expert Option Trading platform

Expert Option was founded in 2020 and offers Binary Option trading on more than 100 assets. The company is based in Saint Vincent. It is a regulated broker by the Vanuatu Financial Service Commission (VFSC). Expert Option makes a good impression on us because of the professional trading platform. With one click you can create a free demo account with $10,000.

The minimum deposit is starting from $10 and if you deposit more money you can get a higher account type up to platinum. The return on investment is up to 90% and is depending on the market situation. For example, by using the platinum account ($5,000) you get an increased profit of 4%. The platform is only for short-term trading with a maximum duration of 5 minutes. This is a little disadvantage for us.

Another special feature of the platform is the social trading function. You can follow other profitable traders to make a profit. Furthermore, education material, webinars, and analysis are offered for free by Expert Option. All in all, Expert Option is a safe and recommended broker for trading.

The conditions for Expert Option Traders:

  • Binary Option Broker since 2020
  • Regulated by the VFSC
  • Free demo account
  • Minimum deposit of $10
  • Only short-term trading
  • More than 100 assets
  • Return of investment up to 90%
  • Account types
  • Social Trading
  • 24/7 support
  • Education and training for traders

4. Pocket Option

Pocket Option website screenshot

We already made a lot of trading videos with Pocket Option on our Youtube channel. It is a reliable broker which accepts all type of clients from every country. The platform is very new and has a lot of different features for trading. Binary Options and forex trading is offered by a minimum deposit of $50. Also, you can join the platform with a free demo account.

Pocket Option is a new broker who knows how to attract new customers. The return of investment can be up to 95%+ and there is a free achievement program. You can earn gifts by trading on the platform. Also, a bonus program is offered for every deposit and trader. You can double your deposit to make more profit.

You can trade forex, cryptocurrencies, stocks, and commodities with one click. From our experience the execution of trades is at its best. Another good feature is the social trading function. You can copy other traders. In conclusion, Pocket Option is a very interested broker with a lot of opportunities.

The conditions for Pocket Option traders:

  • International offshore broker
  • Accepts every client
  • Regulated by the IFMRRC
  • More than 100 assets
  • Minimum deposit of $50
  • Free demo account
  • Free bonus program
  • Social Trading
  • Support 24/7
  • No fees

5. Binarium

Binarium official website

Binarium is an unregulated Binary Options Broker from Cyprus (EU). The company exists since 2020 and offers binary trading. The trading platform looks like the same design of IQ Option. The biggest advantage of Binarium is that the broker accepts clients from every country. You can sign up and start trading directly

There is also a free demo account and if you want to invest real fund you have to deposit $5 or more. The funds are managed in European banks for safety. On the platform, there are more than 50 different markets to trade. The maximum yield is up to 95% and you can grab a free bonus for your deposit if you want.

Binarium offers short-term and long-term trading 24 hours per week. You can use a lot of different analysis tools to create strategies or trading methods. Each tool can be customized by the user. From our experience, Binarium is a typical offshore broker which gives good conditions for binary trading.

The conditions for Binarium traders:

  • Binary Options Broker since 2020
  • Based in Cyprus
  • Not regulated
  • Free demo account
  • Minimum deposit of $5
  • Bonus program
  • High return on investment up to 95%
  • No hidden fees
  • Support in multi-language
  • Professional trading platform

Conclusion: High return on investment is possible with a good Binary Options Broker

On this website, you find the reputable and latest information about Binary Option Brokers. We showed you the best companies to trade with which are tested by us with real money. You can test these trading platforms also by yourself with a free demo account. In addition, the minimum deposits are very low and you can start with a small amount of money.

If you feel comfortable you can invest more money to increase your profit. With these platforms, you get access to a lot of different financial markets. Start trading by using short-term or long-term options.

Finding a good Binary Options Broker is not so easy because the choice is quite large on the internet. With our criteria, we found the best brokers and presented them to you. For more information you can read our detailed reviews:

Binary Options trading can be secure with the right broker. On this site, we showed you the best companies.

2020 Best Broker

Features

Min Deposit
Min Investment

2020 Best Robot

Features

Min Deposit
Min Investment

Best Binary Options Brokers And Trading Platforms Reviews, List & Comparison- Binoption

Choosing the best binary options brokers can be a nightmarish task for many. A lot of factors are involved in choosing a broker. However, this daunting task can save you from countless hours of frustration and losses.

Currently, there are thousands of online brokers. Among those, traders and investors try to get authentic information about brokers before investing with them.

Here, through this article, we will guide you how to choose the perfect broker that suits all your trading needs.

We realize that not everyone who visits us is a top trader. Ensuring all the necessary features, we will provide you the best binary options brokers for beginners.

To help you to choose the broker you can invest on. Currently, we compare every broker on the basis of important factors such as minimum deposit, minimum investment, regulation, demo accounts, asset index, payouts, mobile trading, and more.

We will discuss each of these factors in detail down below. Moreover, we rate brokers on each of these features and present you an overall rating.

Our reviews are unbiased and aim at giving you a clear picture on the broker. Because, we are very particular when it comes to recommending our readers.

Our reputation and goodwill depends on these recommendations so we leave no stone unturned in giving you the most accurate, up-to-date, and useful information.

Binary Options offers a versatile list of assets to trade such as forex, crypto, indices, stocks, and more. Hence when trading with these brokers, you get access to a vast array of trading assets.

Beside this, many binary options brokers are providing CFDs and Forex trading also. In the table below, is our list of binary options broker comparison table where you will find our list of recommended brokers that have earned our seal of approval.

Furthermore, we have a top broker section, where you will find only the best binary brokers. If you have any concern about any broker from our list, please get in touch with us.

User Satisfaction 99%

IQ Option has used the latest technologies to create a trading platform that gives its clients an easy, smooth, and fun trading experience. Read Reviews

User Satisfaction 100%

MarketsWorld is owned and operated in the Isle of Man, Great Britain by MarketsTheWorld Limited. Read Reviews

User Satisfaction 100%

We are the market leader in Europe in the online trade in Binary Options. We make trading in Binary Options reliable, convenient and simple. Read Reviews

User Satisfaction 97%

Ayrex offers the most popular types of binary options and the minimum investment required is just $5. Read Reviews

User Satisfaction 71%

OptionFair is a reliabble binary options broker that provides traders with the ability to trade by investing in a variety of assets. Read Reviews

User Satisfaction 100%

BinaryTilt provides trading solutions for active Binary Option traders, as well as traders that are new to the Binary Options market. Read Reviews

User Satisfaction 100%

Founded in 2020, GTOptions offers high returns of 70% to 90% for a successful trade. Read Reviews

User Satisfaction 100%

OneTwoTrade is a leading provider of binary options trading services to individual traders around the globe. Read Reviews

User Satisfaction 100%

Stockpair is a world leading online platform for binary options and pair options trading. Read Reviews

User Satisfaction 100%

99Binary provides a simple, safe, and informative trading solution for traders to profit from the fast-growing binary options trading market. Read Reviews

How To Choose The Best Binary Option Broker

Binary options trading is a relatively new investment method where you can profit by predicting the price movements of a range of dynamic stocks, commodities, indices, and currency pairs. The main reason why binary options trading has become popular so quickly is because you only have to select Yes or No when placing a trade. This dual choice gives binary options trading its name, and is also the reason why most binary trades are called ‘ Call or Put ’ trades.

Traders do not have to buy the actual asset. You simply have to decide whether the asset price will rise or fall within a specific time period. Binary trading services help individual traders and financial institutions participate in the field of binary options. These brokers provide a range of convenient features, advice and tips, special offers, and reliable customer support to help traders invest successfully. Our financial experts analyzed all the leading binary options brokers in the industry to find out which ones are the best. Below we provide the details of our test and we list the most promising and reliable binary trading services we found on the market.

Methodology of our reviews

To review the services of binary options brokers we carefully studied information available on review websites, business sites, and other reliable online sources. We analyzed all the leading binary options brokers and the services they offer. We also examined the information and details available on the official websites of these brokers. Plus, our experts contacted the brokers to get information on particular aspects of their services.

We used the following criteria to evaluate each binary options broker:

  • Trading platform
  • Account options
  • Available assets
  • Customer service quality
  • Offered bonuses and rewards
  • Unique features
  • Trade types
  • Payout ratios
  • Reliability

Best European Binary Options

People living in a European Member state are allowed to trade freely with any binary options broker based in another Member State. A number of regulatory authorities and bodies license and regulate binary options products and brokers in Europe. Trading with a broker that has a license from a European country means your investment is safeguarded by a number of security requirements and protocols. The Financial Conduct Authority (FCA) is the UK regulatory body for all financial products and services. The Banque de France (BDF) regulates all finance companies and their products in France. The Commissione Nazionale per le Società e la Borsa (CONSOB) does the same job in Italy. The Comisión Nacional Del Mercado de Valores (CNMV) is the regulatory body in Spain. The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) ensures Germany has strict regulations for financial products and services.

Banc de Binary: Banc de Binary is a good choice for newbie traders in the EU as this broker offers extensive trading programs to guide you on how use its trading platforms. US and Israeli residents are barred from using Banc de Binary’s services. The advantages of Banc de Binary are it offers an intuitive and easy-to-use trading platform and there are no fees for deposits and withdrawals. Banc de Binary is a reliable broker as it is licensed by CySEC (Cyprus Securities and Exchange Commission). This broker is also regulated by the countries’ respective financial regulators for its operations in Germany, Italy, Spain, France and the UK. Banc de Binary was established in 2009 and has more than 250,000 customers.

IQ Option: IQ Option is a reliable broker as it is regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker offers returns as high as 92%. Plus, its trading platform is versatile as its supports mobile trading with Android and iOS apps.

24option: 24option is a popular broker that uses an innovative trading platform created by Tech Financials. It offers returns as high as 89% for winning trades. 24option is also a reliable broker as it is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Best US Binary Options

There is no clear legal landscape for binary options trading in the US. There are two bodies that regulate online financial trading in the US. They are National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Both bodies have not shown interest in licensing and regulating binary options brokers in the US. So, US customers have to depend on offshore-based brokers for binary options trading. To avoid becoming victims of fraud, US customers are advised to investigate the broker thoroughly before investing their hard-earned money in trading with them. Make sure the broker offers advantages such as easy deposit and withdrawal methods for US customers, trading in US dollars, and multi-platform access that includes both desktop and mobile trading options.

Porter Finance: Porter Finance is a reliable broker run by experienced professionals. Its trading platform is easy to use and versatile. Plus, Porter Finance employs personal account managers to ensure customers get full attention and support. This broker’s website offers useful information to help you trade profitably. Porter Finance offers a wide range of trading tools. The maximum payout is 85% and the maximum bonus is 100%. Porter Finance is a recommended broker for US traders.

Tradorax: Tradorax is a good choice for US clients. It uses the proven TechFinancials trading platform which is popular among many other brokers too. You can expect returns as high as 85%. Plus, this broker offers welcome bonus ranging from 50% to 200%.

Finpari: Finpari uses the latest version of the proven and reliable SpotOption trading platform. This broker offers average payouts as high as 83%. Plus, it gives 100% bonus as well as first three risk-free trades.

Best UK Binary Options

The Financial Conduct Authority (FCA) supervises and regulates all financial service companies including binary options brokers based in the UK. As the UK is part of the European Union, you are free to use the services of any binary options broker that has a license in any other European country. You can also trade with any broker licensed outside the UK and Europe. However, we recommend you try the services of the three brokers listed below as they have the reputation of providing a secure and safe trading environment.

IQ Option: IQ Option requires a very low minimum deposit of just $10. The minimum investment amount is just $1. IQ Option offers advantages such as a user-friendly interface, excellent returns, wide variety of options, and handsome deposit bonus. Plus, it is a reliable broker as it is regulated by the Cyprus Securities and Exchange Commission (CySEC). IQ Option offers interactive learning tools and a stand-alone demo account for the benefit of customers.

Banc de Binary: Banc De Binary offers a simple trading platform with a range of attractive trading instruments to help traders make profitable trades. Newbie traders can get personal training from their account manager, and trade with a minimum amount of just $1. Experienced traders can make use of trades that expire in nine months.

24option: 24option is a good choice for both high and low volume traders. This broker stands out as it provides useful trading and strategy guides and videos for all levels of traders. Plus, 24option offers handsome bonuses and fast withdrawals as well as excellent support.

How to choose a reliable binary option trading service

Scams occur in all businesses. The skyrocketing global popularity of binary options trading means it has become the target of brokers and hackers who operate fly-by-night services to make a fast buck on the sly. So, it is a good idea to do your research and enter the binary options market slowly and cautiously. Binary options trading began only a few years ago and it is difficult to control and monitor their operations. About 95% of binary options brokers are not regulated by any financial institution.

This means the majority of brokers do not have the backing of a government financial institution to provide traders the assurance their money is safe. Therefore, consider the following points and features to select a reliable and efficient binary options broker:

Is It a Regulated Broker?

Double-check the credentials of the binary brokers you are interested in. This is a time-consuming task but you have to be sure you can trust the broker. Select a broker who is monitored by the regulations of an institution. This ensures the broker is above board and trustworthy. Usually brokers are regulated by institutions in the country they operate in. In the US, brokers are regulated by Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). In the UK, the Financial Conduct Authority (FCA) regulates binary options trading. Other EU countries have their own respective regulatory bodies (CySec, BaFin, etc.), that have the power to try your binary options broker if you suffer a scam.

Try out the demo to learn about the features and practice trading

A demo account, or simulator, can help you to practice trading binary options in a real time environment without risking much money. A few brokers offer a free demo account, while others ask for a small deposit to start using the account. Simply register for an account using your phone number. When customer support contacts you, ask for the demo account and start learning about the features of the particular broker. The following brokers offer a demo account that you can utilize to practice trading at a low cost or for free: CTOption , MarketsWorld , OptionsClick , and OptionBit .

What Trading Platform is Offered?

The broker should offer a trading platform that has a simple user interface. Time is important in trading and each second is vital especially if you have selected the 60-seconds option or your option is near the expiry time. Make sure the software is easy to navigate and straightforward to use. Experienced traders and those who wish to keep track of constant market updates should select a broker that provides a mobile trading app.

What are the Investment Options?

The trader should offer a range of investment options. Apart from the usual Put/Call (Up/Down) option, the broker should also offer Boundary, Option Builder, Touch/No Touch and 60-Seconds options. Except for currency pairs, the broker should enable you to trade stocks, commodities, and indices. Select a broker that offers a platform with graphs that have good history time frames that go back beyond yesterday. This will boost your decision-making and increase the chances of successful trading.

What are the Payment and Withdrawal Options?

The broker should offer convenient payment and withdrawal options. Read the “ Terms and Conditions ” of the broker to know all the details. Select a broker that accepts the largest range of payment and withdrawal methods. The most widely used payment methods are bank transfer, credit/debit card, Moneybookers (Skrill), and Western Union.

When You Lose, Do You Lose Everything?

In binary options trading, you are fully aware of the amount you can win or lose before investing. However, newbies can make wrong investment choices. If you are an inexperienced trader, select a broker that provides a “payout” for losing trades. This means, if you suffer a losing trade, you can get back about 10-15% of the invested money.

You can also select a broker that offers risk-free trades. This is a novel concept where the broker gives 5 to 10 risk-free trades if you deposit the minimum required amount to trade ($200-$250).

Is the Customer Support Prompt and Efficient?

Make sure the broker offers good quality customer support with clear communication. Check out the customer support languages and foreign trading currencies offered. Does the broker offer 24-hour customer service and multiple channels to contact agents? Do they provide loyalty bonuses? Read at least some user reviews of leading binary options brokers on our site. Are traders satisfied with a broker’s services? Do agents respond promptly and thoroughly to questions? Good quality customer support is one of the most important criteria to select a reliable binary options broker.

Leading Binary Trading Services

OptioNet: OptioNet uses the Tech Financials trading platform. Its London operations are governed under the regulations of the UK’s Financial Services Authority (FSA). Payout ratios range between 85% to 89% depending on the trading account. OptioNet offers a welcome bonus of up to $5000.

GlobalOption: GlobalOption accepts US clients. It uses an in-house trading platform that is similar to that of EZTrader. GlobalOption offers a payout of 68% to 95% (depending on the asset traded and the type of trades). Traders can get back 15% of their investment amount on losing trades.

EmpireOption: EmpireOption accepts US clients. It uses the SpotOption trading platform and offers a mobile platform for iPhones and Android devices. The average return is 65% to 75% for traditional High/Low binary options. OptionBuilder offers higher payouts at 85%, while the risky One Touch options give the highest payouts at 500%.

TraderXP: TraderXP accepts US clients. It uses the SpotOption trading platform. Payout ratio is between 68% to 75%. This broker uses a wide range of reliable payment and withdrawal methods.

OptionTrade: OptionTrade uses the ProTrader platform, which is modeled after another trading broker called HotForex. Payout ratio is 85%. OptionTrade is fully regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker transacts only with reputed banks and financial institutions.

GTOptions: GTOptions accepts US clients. It uses the reliable SpotOption trading platform. Returns range from 70% to 90% depending on the asset type. One Touch options can yield payouts up to 540%. Bonus of 50% to 100% is offered depending on trading account.

Opteck: Opteck offers an easy-to-use web-based trading platform. Payout ratio is 85% to 100%. Opteck is regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers customer support via phone, live chat, and email.

OnlyOption: OnlyOption uses a sophisticated trading platform provided by Markets.com. Payout ratio is up to 85%. One touch options can yield up to 500% of the investment. OnlyOption’s parent company Safecap Investment Ltd is regulated by the Securities and Exchange Commission (CySEC). This trader offers a welcome bonus of up to 100%.

BNRY: BNRY uses the new generation TradeSmarter trading platform that has sophisticated features. This broker offers a maximum return of 81% for High/Low options. You can get a rebate of up to 10% for losing trades. BNRY is a regulated broker under the Cyprus Securities and Exchange Commission (CySEC).

YesOption: YesOption uses the standard Tech Financials trading platform. Average returns for high/low options are 85%. YesOption offers welcome bonuses between 20% to 100% depending on the amount deposited. It provides one on one coaching and a range of training materials.

GrandOption: GrandOption uses the Tech Financials trading platform. Payout ratio is between 75% to 300%. GrandOption is regulated by the Cyprus Securities Exchange Commission (CySEC). The broker provides a range of bonuses and promotional offers.

Tradesmarter: Tradesmarter uses a simple and reliable trading platform that has been emulated by many other brokers. Payout ratio is up to 85% for successful trades and you can get a rebate of 10% for losing trades. Tradesmarter.com is based in Sydney, Australia and its operations are governed by the Australian Securities and Investment Commission (ASIC).

Alpari: Alpari uses the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. There are also MT4 and MT5 trading apps for Android and iOS devices. Payout percentage is between 81%-85%. Alpari offers attractive bonuses, competitive tight spreads, and reliable trading support.

Banc de Binary: Banc de Binary uses the popular SpotOption trading platform. This platform supports mobile trading with Blackberry, iPhone, and Android devices. Payouts are between 72% to 81%. Banc de Binary refunds up to 15% for losing trades. This broker is part of the Banc de Binary Group that is listed on the New York Stock Exchange.

Bloombex: Bloombex accepts US clients. Bloombex uses the intuitive, state-of-the-art SpotOption trading platform. Average returns range between 75% and 85%. Bloombex offers at least 30% bonus for any deposit. You can get a 100% bonus for every investment of $100 to $500.

365Trading: 365Trading uses a trading platform called Pip Invest, which is different from popular platforms used by other brokers. Payout ratio is between 60% to 85%. 365Trading has taken the initiative to register itself under the Cyprus Securities Exchange Commission (CySEC). This broker offers 100% bonus on the first deposit.

BinaryBook: BinaryBook accepts US clients. It uses the latest SpotOption Gen 2 trading platform. Average returns are around 80%. You can earn up to 500% with FX/CFD contracts. BinaryBook offers welcome bonus ranging from 25%-100% depending on the trading account.

Magnum Options: Magnum Options accepts US clients. It uses the popular SpotOption trading platform. Average payout ratio is 85%. Magnum Options offers numerous bonuses as well as rebates for losing trades. All transactions are secured with SSL Technology.

OptionRally: OptionRally uses web-based trading platforms powered by SpotOption. Average return is 78% for winning trades and a refund of 10% is given for losing trades. OptionRally is registered in the British Virgin Islands (BVI) and operates under the regulations of the BVI Financial Services Commission (BVIFSC). This broker offers provides up to 100% bonus as well as exclusive offers.

OptioNow: OptioNow accepts US clients. It uses a 2nd generation SpotOption-powered trading platform. OptioNow offers average returns up to 85%. The riskier One Touch trades pay as high as 450%. OptioNow offers bonuses up to 25% and requires a 30x turnover for you to be able to withdraw the bonus cash.

Optionyard: Optionyard uses a web-based trading platform that is easy to use. The average payout ratio is 85%. Optionyard offers high bonuses, five asset classes for trading, and a wide range of trading tools.

BigOption: BigOption accepts US clients. It uses the latest version of the SpotOption-powered trading platform. BigOption offers payout ratios of up to 85% for normal trading. It is a reliable broker as it uses transparent procedures, a SSL certified platform, and segregated accounts.

SetOption: SetOption accepts US clients. It uses the SpotOption trading platform. Payout ratios range from 80% to 750%. You can get a refund of up to 10% for losing trades. SetOption is based in Switzerland and its services are governed by the Financial Market Authority of Switzerland (FINMA).

EZTrader: EZTrader uses its own in-house trading platform that is easy to use. Average payout ratio is between 80% to 95%. EZTrader is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers bonuses ranging from 30% to 100%.

CTOption: CTOption accepts US clients. It uses a platform supplied by Panda Trading Systems Ltd (Panda TS). Average returns range between 80% to 90% and you can get a rebate of 5% for losing trades. CTOption offers a welcome bonus up to 100%.

IQOption: IQOption has created a trading platform that gives an easy and fun trading experience. The platform supports mobile trading with iOS and Android apps. Returns can go as high as 92%. IQOption is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Stockpair: Stockpair employs a proprietary trading platform that is simple to use. It supports mobile trading with iOS and Android apps. You can get payouts of around 80% for Up/Down binaries, while Pair options can fetch returns as high as 350%. Stockpair is a EU-regulated broker.

24option: 24option uses an innovative trading platform supplied by Tech Financials. You can get a maximum return of 89% for winning trades, and a rebate of up to 15% for losing trades. 24option is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

AnyOption: Anyoption employs a web-based in-house trading platform that can be accessed from anywhere. Average returns are up to 80% for winning trades and you get 15% refund for losing trades. Anyoption currently offers a bonus on first deposit.

24bulls: 24bulls uses a trading platform powered by TradeSmarter. It offers returns up to 85%. This broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). 24bulls offers up to $2500 free bonus for new traders.

99Binary: 99Binary accepts US clients. It uses the HTML5 trading platform. 99Binary offers returns of up to 86% on Standard & 60-Seconds, and up to 350% on One Touch. This broker complies with online security and anti-money laundering regulations.

BMBoption: BMBoption (Benedict Morris) uses the SpotOption trading platform. Average payouts are up to 88%. BMBoption has applied for a license from the Cyprus Securities and Exchange Commission (CySEC). It offers a customized cash bonus with its premium plans.

Finpari: Finpari uses the latest version of the SpotOption trading platform. Average payout ratio is 83%. Finpari offers up to 100% bonus plus first three risk-free trades. It provides customer support through phone, live chat, and email.

KeyOption: KeyOption uses the sophisticated yet easy-to-use Keystone trading platform. It offers returns up to 85%. KeyOption has applied for Cyprus Securities and Exchange Commission (CySEC) regulation. It offers a welcome bonus up to $5,000.

Nordex: Nordex accepts US clients. It uses SpotOption’s newest trading platform. Average payout ratio is 85%. Nordex offers up to 100% deposit bonus. It provides customer support through phone and tickets.

Sycamore Options: Sycamore Options accepts US clients. It uses a trading platform powered by SpotOption. You can earn up to 75% profit on winning trades, and more than 600% return on One Touch trade. Sycamore Options offers a bonus on request. The amount depends on your account size and individual package.

Tradorax: Tradorax accepts US clients. It uses the TechFinancials trading platform. Average returns are about 85%. Tradorax offers welcome bonus from 50% to 200%. It provides customer support through phone, live chat, and email.

WeOption: WeOption accepts US clients. It uses the TradeSmarter trading platform. Maximum return is 91%. WeOption is a relatively new company that has applied for regulatory licenses from the FCA in England and CySEC in Cyprus.

Winoptions: Winoptions uses the SpotOption trading platform which is advanced, yet easy to use. It offers up to 88% return rate, and up to 550% on the One Touch option. Winoptions operates as a brand of Spot Capital Markets Ltd, which is authorized and regulated by the Cyprus Exchange Commission.

IvoryOption: I voryOption accepts US clients. It uses the popular SpotOption trading platform. Average payout ratio is 85%. IvoryOption offers up to 100% deposit bonus. It provides customer support through phone, live chat, and email.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

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How To Choose Binary Options Broker
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