Best Binary Options Brokers 2020

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

Best Binary Options Brokers 2020

At US Binary Options our financial analysts have selected the top trusted US regulated binary platforms in 2020 and the best stock options brokers.

From 2020, we compare and provide professional reviews on all binary trading platforms in order to help you choose the broker that suits you best.

Check out our top Binary options brokers comparison table to find a trusted platform, and also our platform blacklist with scam brokers to avoid.

Read our guide about binary options trading for beginners as well as few basic binary strategies that you should take into consideration.

What are Binary Options?

These are a new kind of investment. What you will do is speculate on which way you think the asset will go in, or the direction it will go in. What you used to do was you have to purchase the asset now that no longer has to happen. When the platform is used to purchase a binary option the contract that is made enables the buyer to buy an asset which is underlying and at a price that is fixed and with a time frame that is fixed and specified with the seller.

Are there other Names for Binaries?

All or nothing options are also another name for binaries and are digital options + Fixed Return Options or FRO’s. Each of their names stresses the nature of the binary option. When it comes to outcomes there is always two possible results and this is something that the investor will be aware of before they purchase the option. The following is an example:

  • Binary option for Microsoft is purchased at $100
  • At the end of the day their shares will be much higher than they were when purchased
  • So 71% is the return offered on this investment

Binary Option

This is a particular category of option where a person would be able to get either all or nothing when there comes to talk about the payout. This thing makes binary options easier a lot to know as well as makes the trading process with them trouble free than the previous traditional options.

Expiration

These options are like this;

  • They can only be traded until they expire
  • Once these are expired, they would surely be settled for the customer in already specified amount (in dollars)
  • If the trade expires and it is out of the money then this means that the buyer gets nothing

So now you can see why binary options can either enable you to gain which is the upside or you end up with a loss which is the downside, there is always a risk when it comes to binary option trading. If you were trading in the traditional way then things would be different.

All or Nothing

When it comes down to the platform you are using for trading.

  • Nothing can mean something
  • Even it happens; at the time of expiration, the proprietor of the particular option could be given a payout yet when there is no money in their hands.

Binary options can also be found under other names including:

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

  • FOREX
  • Exchange Market
  • Digital Options

Other things to Learn

Before you decide to start trading there are a few things that you should research first including:

  • Learn the outcome options
  • Decide your position
  • Learn how the price is determined
  • Learn the advantages of binary and traditional options
  • Learn where binary options are traded
  • Check the implicit transaction costs of binary options

Regarding regulation for the offshore binary options brokers, we can affirm that some binary options brokers are already regulated in the European Union ( CySEC ), but not yet in United States.

Since 2006 US binary options have been in America but they have only just started to become popular since the middle of 2008. This has happened; traders and brokers have started popping up from many different states all over the US, what has happened is that people are now wanting to start a career in binary options trading and the one thing that is on every ones lip is:

Now when it comes to binary options are divided into two levels and these are:

  • US regulated exchange platforms by CFTC, where americans can trade binary options legally: NADEX and CANTOR EXCHANGE.
  • Offshore brokers not regulated.

The Ruling

The OCC or the Options Clearing Corporation in 2007 ruled that binary platforms would become legal then in 2008 the SEC or the Securities and Exchange Commission approved binary options and listed them as cash or nothing security. Then the American Stock Exchange or Amex and the Chicago Board Operations or the CBOE also listed binary options with exactly the same name. Then NADEX or the North American Derivatives Exchange added to its trading platforms binary options. But one thing has been done and that is a restriction has been imposed:

  • Americans are free to trade with binary options as long as the broker they are using is legitimate
  • The broker has to have a legal business in the county it is in and has to have followed and processed the procedures for it to operate
  • Also, they must not have been banned by the federal government for transacting with US citizens in this business

Regulation In The United States

Now just because something is legal it does not mean that it is regulated.

  • Legal means that it is protected
  • Regulated means that it is not protected

Well US binary options brokers are regulated and over the years binary regulations are becoming more and more stringent. It is the OCC that has made a point of making these regulations harder and also making sure that binary option sold by brokers have the right securities. Rules regarding trading have now been put in place and traders and brokers are expected to abide by them, if they don’t and they violate the rules then either or both trader or broker can end up being banned for long periods of time.

Limits

These have also been set for things such as indices and how many can be listed, this gives better control to the trading that is going on in the market. Scams have also started to rear their ugly heads when it comes to USA binary option trading too. Some of these scams have been very malicious and ended up causing some traders to lose thousands of dollars. But because of the SEC and the US Department of Justice have taken legal action very quickly against the crooks by doing things such as:

  • Freezing their bank accounts
  • Putting them behind bars

the traders that were scammed were able to get some of their deposits even though it is not the entire amount back, the federal government has been able to enforce justice when it is needed and making broker who was involved in the scams accountable for what they did wrong. This is now why there has been a hard-core regulation within the United States and they will keep on doing so until the binary options market is strong and reliable in America.

Binary Options Trading in the USA

The hysteria as to trading with binaries on the USA financial market keeps increasing, because more and more people based in the States are showing an interest in this field. With such growth in popularity, many new binary options trading platform have appeared on the market, but, still, people tend to have doubts about them. The fact that there are so many doubts as to binary options USA brokers so, we have decided to make this subject clearer and to provide some helpful information. By reading it, you can finally decide for yourself whether to trade with binary options brokers based in USA, or not. And to make this reading more interesting for you, we will tell you now – you can trust these trading websites and you should not have any concerns about them.

The History Behind Binary Options Brokers USA

The very first thing we need to tell you that in the beginning, trading with binary options, while being based in USA, was indeed illegal. USA financial authorities used to ban this field of having fun and earning extra cash. The reason was that the old American laws pointed trading with binaries as a form of gambling and you must be already aware that games of chance was strictly forbidden and even punished. However, over the last few years, the American laws have passed through several changes and currently, it is not illegal to trade in binaries with USA brokers. What you have to look for, though, is a good and reliable website that has an official license for operating on the market and that has found an agency to cover its security. Thankfully, after the changes we have mentioned, there are now official controlling bodies in USA, which are in charge of the binary options USA brokers.

Who Is In Charge of Binary Options USA Trading Websites?

The following two agencies are currently responsible for the safety regulation in binary options trading brokers. Find out more about these authorities in order to get more confident as to trading with binaries in USA:

Review

Review

Review

National Futures Association

Known by the abbreviation of NFA across the binary options audience, the National Futures Association was at first the only body that gave official permissions and licenses to the USA trading brokers. Today, it still has such powers, but it also applies the significant and obligatory standards for all the financial brokers in USA – including those with binary options. Safety for clients – connected with the financial transactions and the personal data – is also taken by the NFA, too, and such cases can be opened according to specific procedures, too. Compliances and electronic filings are options, which are available on the official NFA website, as well.

Commodity Futures Trading Commission

The Commodity Futures Trading Commission or the CFTC works to preserve the transparency, loyal competitiveness and financial stability to all the binary options brokers in USA. The procedures and measures this commission takes are all focused on the better trading processing, as well as on minimizing the systemic risk. The CFTC is also in charge to promote market integrity and to stop any act of violation or abuse. However, finding and charging frauds is the main mission that the Commodity Futures Trading Commission follows in its general work. Last, but not least, the CFTC is obliged to publically inform people about its actions – including about beginning an investigation for a suspicious binary brokers USA. By the way, keep in mind that the Commodity Futures Trading Commission is more active in binary sphere, because it covers commodities, as well. Those of you, who have already some kind of experience in this field, are aware that trading with binaries is highly connected with commodities and even when they make their predictions, they do follow the movement of the commodity market to buy the most suitable binary. So, when you need any kind of information as to a certain binary option broker in USA and mostly as to its reliability and license, the CFTC is the one that you are supposed to turn to.
Binary options USA brokers are now considered to be the newest, but one of the best trading platforms these days.

TOP Binary Options Brokers in 2020

The importance of choosing the right broker to trade binary options cannot be stressed too much. Traders have to take extra care while choosing an online trading platform or online binary options broker because there are too many fraud or scam brokers in the industry.

Binary options traders have to be prepared to spend several days in just researching various trading platforms. They should be smart enough not just to win trades, but also choose the right broker to trade with so that they can rest assured that they can withdraw their profits without hassles.

Comparing Brokers and Platforms

Before registering for the services of any binary broker or online trading platform, you must invest some time and energy in comparing various platforms and brokers. We have created the following check list to help you in this task.

    Minimum Deposit – Compare the minimum amount that traders must deposit at several binary brokers. The minimum deposit amount can be as little as $5 to as much as $250. Licensing Information – Find out about the authorities that have licensed various online trading platforms. Demo Accounts – Do the online brokers allow traders to open demo accounts? Are the demo accounts available for a life time or only for a limited period of time? Free Signals – Does the online trading platform offer any free signals? Or do traders have to subscribe to the signals? Mobile Trading – Can you trade on the move or should you rely on your desktop computer? Mobile Trading Apps – Do you have to download any mobile trading app or can you trade on your browser? First Deposit Bonus – What are the terms and conditions of the bonuses offered by various online trading platforms? Trading Tools – What kind of trading tools do various brokers offer? Asset Classes – Check the asset lists of various trading platforms. Can you trade on cryptocurrencies, currency pairs, Forex, stocks, and indices? Customer Support – Don’t hesitate to contact the customer care representatives just to test their promptness, courteousness, and helpfulness.

5 Tips to Choose a Binary Options Broker

Once you have learned to compare a variety of online trading services, you can sign up at one or several of them.

Here are five tips to help you:

Tip #1: The Deposit Bonus

Everybody loves bonuses, but not all brokers offer them. In fact, very few brokers offer generous bonuses with reasonable terms and conditions. For this reason, you should compare the bonus offers at multiple online brokering services. In most cases, the minimum deposit will be lower when the bonus is bigger. In some cases, the broker may allow traders to deposit a very small amount, but not offer a bonus.

If you are a beginner, you must sign up at a broker with a low minimum deposit. It not only minimizes the risks of trading, but also gives you the time and the opportunity to learn about trading and get comfortable with the online trading platform.

Also, don’t make the mistake of taking a bonus at face value. Bonuses are always associated with terms and conditions. You must read and understand these terms before claiming the bonus.

Tip #2: Assets and Trading Instruments

Which asset would you like to invest in? There is no sense in signing up at a platform that doesn’t offer the asset that interests you. For this reason, you should always check the broker’s index of assets.

You should also check the list of trading instruments. Brokers usually offer options such as boundary, touch/no touch, and call/put, but you can also find unusual options such as kiko, range, and pairs.

Tip #3: The Terms and Conditions

Never sign up at a binary options broker without first reading and understanding its terms and conditions page. Undoubtedly, reading the terms and conditions page is an unsavory experience as it is long, complicated, and boring. But you still need to understand what is in the fine print as it truly matters when you start trading on the platform. You should especially read the part that deals with making deposits and withdrawals and check for fees charged and restrictions.

Tip #4: The Customer Support

Avoid registering for the services of an online brokering service that doesn’t offer adequate customer support. Ideally, customer support must be available 24 hours a day and seven days per week through email, phone, and live chat. The online trading site must also mention its physical address clearly. Test the customer support service by calling them up or sending them an email just to test the promptness of the response and the courteousness of the customer care agents.

Tip #5: Industry Experience

The trustworthiness of an online trading platform increases with its number of years in service. Spend some time studying the history of an online broker. Try to identify the date of establishment. New services may vanish after a few days with its customers’ deposits, but a company that has been in business for several years is least likely to do so. You may also notice that new brokers offer bigger first deposit bonuses to lure customers while the established ones don’t.

A Word on Regulation and Why It Matters

Trading binary options is legal in several countries such as the US, the UK, Australia, New Zealand, Cyprus, Japan, and Malta. You can safely and legally trade as long as your broker is licensed and regulated for the following reasons:

    Licensing bodies oversee the activities of online trading services. They work in the best interests of traders. Through their regulatory frameworks, they protect traders and ensure that they get fair market prices. They also ensure that brokers do not delay in paying out traders’ profits. They require brokering companies to maintain trader deposits separately from operational funds so that traders can get a refund in case the company shuts down. They protect traders from fraud on the part of binary brokers.

If you trade at a licensed online trading service, your best interests are taken care of.

Your funds and personal information are protected. You can rest assured of quick payouts and refunds in case the company goes out of service. You can also expect quick and impartial resolution of your disputes with the broker.

Here is a list of licensing bodies in various countries:

    The US has strict financial laws. It has two regulatory bodies to oversee its trading market—the US Securities and Exchange (SEC) and the US Commodity Futures Trading Commission (CFTC). In the UK, online brokers can be trusted if they operate under a license granted by an authority that the UK Financial Conduct Authority (FCA) trusts. In Australia, online trading is regulated by the Australian Securities and Investments Commissions (ASIC). In New Zealand, the regulatory body is the Financial Markets Authority (FMA). Japan has two regulatory agencies, the Financial Services Agency (FSA) and the Securities and Exchange Surveillance Commission (SESC). The Cyprus Securities and Exchanges Commission (CySec) has licensed some of the finest online trading services in the industry. Malta has also legalized financial trading and grants licenses through the Maltese Financial Services Authority (MFSA).

Even if you reside in a grey jurisdiction, you may safely and securely trade at online trading services that have received a license in Malta or Cyprus.

TOP 3 Regulated Binary Brokers in 2020

We have identified the following as the top three regulated binary brokers in 2020:

IQ Option

Launched in 2020, IQ Option has been growing very fast, winning a number of industry awards in the process. Its portfolio includes digital options trading, stock trading, ETF trading, and Forex trading. IQ Option is home to over 25 million traders. It offers a variety of trading tools and runs a blog to keep its customers updated on the latest happenings in the financial industry.

Binary.com

Is an award-winning online broker who allows trading in all major indices, commodities, and currencies. So far, it has handled trades worth over two billion dollars. Successful traders at Binary.com can withdraw their profits in the range of $1 to $50,000. Launched in 2000, Binary.com caters to traders from several parts of the world. It operates under a license granted in the British Isles and in Malta. The major selling points of the trading platform are excellent customer support, a user-friendly interface, and patented pricing technology.

24 Option

24Option is a web-based online trading platform that is very easy to navigate and use. Registered traders can choose from a wide range of assets to trade on. They can download native apps for Android and iOS to trade on the move. The company also offers the MT4 platform, which delivers a better trading experience. Customer service is available through live chat, phone and email.

The above-mentioned are just brief overviews. You can read exhaustive reviews of these binary brokers on our website before registering an account at these services.

Should You Use Multiple Brokers?

The concept of trading with multiple brokers is new, but fast gaining popularity. The advantages of registering for the services of multiple online trading platforms are many.

    Protect Your Investment – When you use the services of multiple brokers, you can reduce risks by spreading out your investments. You don’t have to risk all your money with one broker. If your experience with one broker is bad, you can always expect a better experience with the other broker. Get the Best Deals – Different brokers offer different features and deals. Two brokers may offer a different set of investment options. If you sign up at multiple brokers, you can enjoy the benefits of multiple deals. Also, you can avail of several investment options.

Signing up at multiple brokers, therefore, is one of the best trading strategies a serious trader can use.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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How To Choose Binary Options Broker 2020
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Broker Early Expire Average Return Min Deposit Min Trade Rating More
90% $ 10 $ 1 ★★★★★
95% $ 10 $ 1 ★★★★★
× 95% $ 250 $ 1 ★★★★★
× 85% $ 10 $ 1 ★★★