How far your trading education has reached? Are you still in your learning process or you are just about to enter the trading market as a new beginner? How about the binary options? Have you considered and taught about them, too? As a matter of fact, trading with binary options is a superb way to be in the market with little knowledge, but with great chances to end up with some really amazing final outcomes. Before achieving this goal, though, you will have to find best binary option broker. Of course, such a constant cannot exist in the giant binary options trading industry. A single broker cannot be counted as the best one, but on the other side, you can best binary options sites to select your top favourite among them. We are here to give a hand in this task of yours. With our bunch of helpful tips and cool recommendations, you will appear just a click away from the best binary trading brokers! So, let`s find them together!
Recommended Trading Platform
- $250 Min. Deposit
- 24/7 Support
- Marketspulse Platform
- $1000 Max Trade
The Best Broker
- $250 Min. Deposit
- Up To 150% Bonus
- uTrader Platform
- More than 90 assets
What is trading with binary options?
Before moving to the particular part of our research for the best binary options brokers, it could be good to make a quick revision of your binary options knowledge and to be more specific – of the binary options trading activity. To understand trading with binary options you should know, at first, what binary options are. In general, binary option is a kind of an option, where the payoff comes with only 2 final possible results. The first result is the fixed amount of money of the asset you have chosen, while the other one (the negative or the loss) is nothing at all. As you can see trading with binaries is different from trading on regular Forex market, like the top forex brokers are different than the binary options one, where in most cases some continuous range of payoff might appear. To trade with binary options is usually quick and simple, which makes this way of trading extremely interesting and quite suitable for beginners. Moreover – binary options trading supposes comparatively speedy payout, while the risk is quite low. The fact that you either win, or don’t win anything – but not losing – determines trading with binary options as simple as a childish game. However, do not underestimate the necessity of proper prediction, constant following of the latest news from the market and the analytic skills, because binary options trading yet requires from you to think and consider, but not to gamble.
Best Binary Options Brokers
|Rating||Broker||Bonus||Min. Deposit||Open Account||Read Review|
|utrader||150%||$250||Open Account||Read Review|
|100%||$100||Open Account||Read Review|
|porterapproved||100%||$200||Open Account||Read Review|
|9.4||opteck||100%||$250||Open Account||Read Review|
|24option||100%||$250||Open Account||Read Review|
|finpari||100%||$250||Open Account||Read Review|
|expertoption||100%||$100||Open Account||Read Review|
|oxmarkets||100%||$250||Open Account||Read Review|
|topoption||100%||$100||Open Account||Read Review|
|traderush||$5000||$200||Open Account||Read Review|
|optiontrade||100%||$200||Open Account||Read Review|
|tentrade||100%||$200||Open Account||Read Review|
|/visit/bosscapital||100%||$200||Open Account||Read Review|
|/visit/bullbinary||100%||$100||Open Account||Read Review|
What are binary options brokers?
When it comes to best binary options trading sites, looking at the essence behind the binary options brokers in general is a must. You need to know what a thing is, before finding its best alternative, don’t you? In few words, binary options brokers are ordinary brokerages, which, though, either provide only features for binary options trading, or different ways for trading – including with binaries. Though, on the other side, it is well-known that when it comes to best binary options trading sites they are usually entirely oriented to binaries without mentioning Forex market at all. Be aware that binary options brokers are also brokerage firms that are in most cases operated and owned by large financial services providers or companies. This fact makes them more reliable and according to the practice of these days a trader is willing to join binary options brokers that are properties of such big companies. We strongly recommend you follow this practice in order to provide your trading experience high level of security and safety.
How to recognize the best binary options brokers?
If you think that we will list you certain binary options brokers that are parts of the list with the best binary options sites, don’t. The truth is that the big number of such websites and the good environments most of them offer makes it impossible to name the particular best binary trading sites. Moreover – as you know different traders prefer different things. And if you are a beginner in trading with binaries features like user-friendly interface and reliability are top things you are looking for, then others – more advanced traders – will probably try to look for good bonus systems or even intuitive platforms. But since we are here to help you in advancing in trading with binaries and in finding the best binary trading sites, we cannot just pass you by without giving you yet some hints. What we are about to do is to show you how to recognize the best binary options brokers. Such a task cannot be difficult at all, if you follow our pieces of advice. To find out the most beneficial platforms for trading with binaries, make sure the binary options brokers you review or take under consideration have the following (or at least most of them) features:
They say reputation is everything, when it comes to business and with binary options trading sites things are quite the same. If a broker is noticed by the big critic institutions that are involved in the financial field, then it is probably worth it to be checked. However, such formal recommendations aren’t the only sources for binary options brokers with good reputation. Different forums, where trading community gathers, can give you some directions in finding the best binary options brokers, too. On the other side, some binary options trading sites have a section on their official page with feedback from their users. Last, but not least, there are many rating websites that are in charge to estimate the particular brokers, as well.
Till you don’t actually start using it, you cannot be 100% sure that certain binary options brokers are reliable. Though, there are few features that might lead to the conclusion that these websites for trading with binaries are actually promisingly reliable. In most cases, the reliability forms of two main things. First of all, it is on mandatory for one of the best binary option broker to be officially licences by the national authority from the country it is based in. Second of all, a reliable broker for binary options trading is supposed to be protected, but not a scam. The protection covers both – personal data and financial transactions – and many of the binary options brokers today are even double protected. Such an example, for instance, is any of the binary options brokers that are placed in European Union. In this hypothesis the platform is regulated by the national financial services regulation body and by EU as an additional controlling body.
Functional customer support services
A website without customer support representatives becomes non-functional at all. And binary options brokers are not just websites, but platforms, where money is in constant spate. This means that the customer support services are on mandatory and the best binary options brokers offer them 24/7 and at multiple languages. Most of the websites these days cover the entire day, however, as to the availability of different languages, it is generally provided by the brokerage firms that operate among the entire international market by covering larger and more vibrant audience. The possibility to reach the customer support representatives via several, but not a single communication methods – for example, phone calls, emails, fax, live chat and etc – additionally provides you confidence, while being on the trading arena.
The platform is a thing that makes ordinary binary options brokers either one of the best binary options trading sets or completely bad pages that will not bring you anything, but nerves and annoying mood. Make sure that the software a broker uses is easy to be learnt enough, so you will not lose any time in spending it for studying. The intuitive feature is also very important, because once you become more advanced, the good organization of your binary options trading activity will be considered as a plus for you. And last, but not least, the best binary options brokers provide platforms with various features and interesting conveniences. We cannot count all of them, but the more they are the better and the easier it will become for you trade.
Attractive bonus system
There`s one unwritten rule among the trading audience and according to it all the best binary options sites have the most attractive bonus types ever. It is logical that cool bonuses are really great, but this rule is definitely a thing that many of the most advanced traders will agree with. Wondering why? Well, the answer is actually simple. The thing is that many newly established or not so popular yet (and scams, too) binary options brokers usually need a strategy to attract more customers. The beneficial and intriguing bonus system appears to be a great chance to get a trader`s attention by all means. However, not all of these binary options brokers are so reliable and cool as their bonus system is. So what we are trying to tell you is that in case you come upon on unbelievably huge bonuses on a binary options broker, don’t get in that trap to immediately sign in it. There`s no guarantee that the rest of the broker features are ok. Still, binary options brokers remain our favourite parts in trading by all means and we cannot just avoid this fact.
Speaking of bonuses and their correlation to the rest of the features of the best binary options trading sites, it is important to mention you some conveniences you should look for, too. Features like education centre for beginners in trading with binaries, as well as extras like personal account managers or possibilities to trade with dozens of assets are also quite significant. And if they appear on the website you are a member of, then, be sure that you are a customer at one of the best binary options brokers.
Where to find the best binary options broker?
Our ultimate guide for the best binary options trading sites continue with some practical ideas and tips you can use in order to find the best binary options trading sites. Read them and see if they could help you for your research, too.
- Become aware of what you are looking for – Different traders look for different things in a broker for binary options trading. For example, if you are beginner, then you might prefer an easier to be learnt platform with intuitive interface and maybe, a good education centre to conduct your strategy with the general expert tips for advancing in binary options trading. Though, on the other side, if you search for certain binary options – one touch binary options, 60 second options and etc – then, your research filter changes.
- Overtake your own research – Find some motivation to start your own research for the best binary options brokers. It`s not hard or tough and usually it does not even take too much time. Since you already know what you are looking for – the best binary options trading sites with particular option types and features – use them as keywords and insert them in your browser search engine. The provided results will definitely have some of the best binary options brokers!
- Recommendations are always preferable – Having recommendations for the best binary options brokers is also a super cool alternative you can take benefits of. You can be recommended by a friend of yours, who has been on the binary options trading market for longer and who can be aware for the most suitable for a beginner website. Meanwhile, while this friend recommends you a broker, he will definitely point its biggest advantages you will become aware of some preliminary information about your next trading environment.
- Read our helpful reviews – Binary options brokers reviews are many and you can come upon them in forums for trading communities and for educative websites – like ours. Feel free to read our helpful reviews that will point you the pros of each reviewed website (in the end of the article review). Considering these pros, you can guess if you have finally discovered the best binary options trading sites.
- Test few binary options brokers – And finally, there`s one more alternative for you to find the most reliable and promising binary options brokers. Even though a little bit risky, you should try this method, too, because after all getting used with taking risk is a part of your trading job, as well. What we recommend you to do is test several binary options platform. Make a list of your top favorites that might be the next best binary options brokers. Begin with the first titles and see if you can reach the most profitable among them. Attention – avoid investing lot of money till you finally make sure that the binary options broker is really your type of a platform.
How to compare the best binary options brokers?
Last, but not least, when you are don with your list of the best binary options trading sites, you will need to compare them. Being a member of too many websites for trading at once is not a very good idea – especially if you are a beginner – so better continue filtering your list of top binary trading favorites. Consider the next features as the keys for your comparing process of the desired brokers you want to visit and become a member of:
- Minimum deposit amount – This is the minimum amount of money you are obliged to invest in order to start trading on a certain binary options trading site. If it is too high for you, go on searching for another, more budget-friendly option then!
- Assets – The more assets a broker offers the better and the bigger its chance to be one of the best binary options brokers is. The standard amount of assets is usually above 30, so avoid platforms that have only 10-15 assets only, because they will limit your activity.
- Acceptance of particular traders – Some brokers have the policy not to accept certain trader according to their current residences. In most cases these users are either USA-, or Canada-based citizens. However, this is only the general rule and there are many other countries that might be excluded from the list of audience types in binary options brokers. Always read this information before considering making a registration in a trading platform.
- Maximum trading amount – Indeed, you are still a beginner and probably your first investments – both, the deposit and trade amounts – will not be so high to reach this limit. However, considering the future and mostly – your future advance is a sign of wise decision. Who knows, maybe, you will become skilful in trading with binaries very soon!
Do not hesitate to use our superb and quite useful tips to discover the best binary trading brokers! We wish you luck!