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Top Rated Binary Brokers – 2020
Although they were only introduced in 2009, binary options brokers have taken Forex world by force. But with the fleet of binary options trading brokers expanding regularly, traders may need help determining which ones are the best. We’ve tested dozens of brokers and have compiled our findings into these comprehensive binary options reviews.
Our binary options reviews are based upon our in-house testing of each broker. We recorded our experiences with the trading platform, customer service and ease of use each broker, and we listed the minimum deposit, languages available and other critical information to help you make an informed decision. Find the right binary options broker now!
US-based traders can take advantage of our top US Binary Options brokers list.
|Broker’s Name||Minimum Deposit||Deposit Bonus||Maximum Gain||Minimum Position||Regulation||More Info|
|$250||50%||85%||$20||CySEC||Visit site||$5||30%||None||None||None||Visit site||$200||None||81-85%||$5||CySEC||Visit site|
|5||$1000||Up to 100%||86%||$250||None
Binary Options Brokers Reviews
For those looking to trade something familiar and exciting from the comfort of their home, Stockpair may be the perfect broker. Stockpair was founded in 2020 and is regulated by IFSC out of Cyprus. Much like Forex trading which pits one currency against another, Stockpair allows traders to trade binary options or stock pairs against each other on straightforward, technologically advanced binary and stock option platforms. There are some generous bonuses at Stockpair that are worth checking out.
Ayrex is a binary option broker established in 2020 and operated by Advanced Binary Technologies Ltd. Its main office is located in St. Kitts and Nevis. Ayrex believes that simplicity is the way to go and they have built their website to make it as easy to navigate as possible. This simplicity is extended to the trading platform which has a user-friendly interface with simple Call and Put buttons, ultra-fast trade execution, flexible trading, and a wide variety of trading tools.
10Trade is a binary options brokerage owned by Holiway Investments Limited. Holiway was one of the first companies to offer its clients a fully licensed and registered binary options program with regulation by the Cyprus Securities and Exchange Commission (CySEC). Its customer support is responsive 24/7 via Chat, email or toll free phone numbers and representative are around to provide personal guidance for every trader. Both support and the platform are available in 11 languages.
Option500 is a binary option broker domiciled in London, U.K. offering traders the opportunity to trade currencies, stocks, commodities, indices and pairs. Option500 has offices in several locations and offers customer service 24/7. It opened its doors in 2020 and has already received several awards for outstanding service. The layout of Option500 is clean, informative and easy to understand. The tools, resources, charts and asset listings are of good quality and high standard and are conveniently located on the site. There is quite a lot of educational material with a wide variety of videos and a Trading Academy for holders of the Pro account.
Boss Capital is a relative newcomer to the binary options market but it has already become a leader in a very short time. Domiciled in the United Kingdom, Boss Capital maintains satellite offices in close to thirty different countries across the globe. They offer over 200 assets for trading including binary options on commodity futures such as Platinum, Gold, Silver, Corn, Coffee and sugar and is one of the few binary options brokers that offer boundary options which are great for trading economic releases.
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Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.
Banc De Binary Broker Review
This broker is closed.
Banc de Binary Trading Platform
Banc de Binary is easily one of the most known brokers in the world when it comes to binary options trading.
In Banc de Binary review you can see how they are a regulated binary brokerage company.
Best Binary Options Brokers 2020:
They are present on binary market and available in South Africa since 2009. Banc de Binary is owned by BDB Services Ltd. with HQ in Limassol, Cyprus.
Below in our Banc de Binary review, read more regarding:
Banc de Binary broker no longer provides binary options bonuses!
Banc de Binary General Info
Banc de Binary uses SpotOption as its preferred trading software. They provide user friendly interface and for South African traders it should be simple to navigate through the site.
Banc de Binary minimum deposit is $250 with highest return going up to 90%. Minimum investment amount is only $1 while maximum investment $6000. South African traders can place trades in following currencies: European Euro, American Dollar and British Pound.
They accept traders from all across the world, including South Africa.
Banc de Binary Trading Features and Services
For the past 6 years, as we will show in Banc de Binary review, they offer trading services and tools for traders across the globe, including South Africans.
Recently, they implemented a whole new design on their platform, which makes it even more user-friendly to interested South African traders.
Thanks to its wide range of trade options and other features, we are not surprised why Banc de Binary is named as leading broker in binary options industry, present on South African market.
During our Banc de Binary review, we were pleasantly surprised how quick customer agent was on live chat and how easy it is to navigate through Banc de Binary trading platform.
Traders from South Africa have on their disposal several different trade options that can be used in trading process with Banc de Binary. These Banc de Binary review trade options are:
60 Seconds – this short term trading within 60 seconds is intended for traders who like excitement and for this reason they invest money in 60 Seconds trade option.
We can say it is riskier trade than long term because here is present a short span of time and traders should be well informed about situation of particular asset to be sure they will place trade on the right direction.
Digital Options Pro – with this trade option, South African traders should be able to decide will an option be higher or lower rate than the one it was entered initially.
Banc de Binary Digital Options Pro offers traders to choose among a variety of underlying assets and expiry times each 10 minutes of an asset on the platform. Trades can be monitored on the trading platform or on trader’s account.
Long Term – besides short term trade options, Banc de Binary provides traders with a long term investments in binary options. Traders who are involved in the trading process and read market news regarding particular underlying assets, prefer this type of trade options. Traders can use few available expiry times,offered by Banc de Binary.
Pairs – Pairs are getting more and more popular in binary options trading. With this option, traders can place 2 different assets against each other and see their performance during trading process.
South African traders can trade with stock pairs or currency pairs, depending on what traders prefer as their chosen underlying assets, such as gold and platinum or google and yahoo.
Banc de Binary gives traders a possibility to trade binary options with the following expiration times: 60 seconds, 15 minutes, 30 minutes, 1 hr and 24 hr +.
In Banc de Binary review, we have seen an impressive list of available underlying assets. With more than 200 different assets, Banc de Binary is one of the top binary brokers in the industry if we compare the asset list with other available brokers.
The whole list of underlying assets in available on Banc de Binary trading platform. We can sort all these assets in 4 main categories, such as stocks, commodities, currencies and indices.
Very popular trading services, provided by this broker, are mobile trading app and demo account.
These services we discovefred during Banc de Binary review. Mobile trading enables traders in South Africa to trade binary options when they are on the go.
Mobile platform is excellent way and it is possible because of the technology improvements and is completely compatible with Android and Apple devices. South African traders can use mobile trading platform on their smartphones and tablets.
The second trading tool available for traders in South Africa is demo account. Banc de Binary review provides traders a great place on trading platform where they can trade binary options at no risk. This way, they are allowed to test many strategies and a large list of underlying assets in demo version also.
Since there is no trading with real money, risk isn’t present and traders can use demo version of platform to improve skills and later on, be more efficient and successful in binary options trading process.
Banc de Binary provides traders in South Africa with an multilingual trading platform which is an indicator of how this broker pays attention to their traders worldwide.
Besides English, South African traders can use platform on Spanish, Russian, French, German, Italian, Portuguese, Dutch and Arabic.
Banc de Binary Trading Accounts
During our Banc de Binary review, we saw there are three available account types for traders worldwide and in South Africa. Account types are clearly stated on Banc de Binary website and each type is well explained, depending on minimum deposit amount and trading features.
Banc de Binary Bronze Account
Banc de Binary Silver Account
Banc de Binary Gold Account
Banc de Binary Customer Support
Customer support is combined with security, the main elements of successful binary options trading.
In Banc de Binary review, we tried email communication and live chat and are happy to inform our readers from South Africa about provided services. Within just seconds, agent answered our questions regarding binary trading and safety of depositing and withdrawing money.
It shouldn’t surprise anyone why this broker is listed as number 1 on our list of best binary brokers in industry. Traders can contact Banc de Binary on email [email protected] .
The new and improved platform shows slightly different way of how to reach Banc de Binary support agents. In upper part of this platform, South Africans can choose between clicking on Get Instant Answer or Urgent Questions for Management.
Under Instant Answers, a new window will open and traders can just type what they are interested about. They will be provided with top 10 articles, where also, they can find needed info under specific topic (accounts, trading basics, how to deposit? etc).
It is also important to emphasize how Banc de Binary review offers traders a great and useful Education Center with multiple trading tutorials, webinars and other mechanisms help that can help traders to be more skilled when trading binary options.
Both new traders as well as professional traders can use their educational assistance in the trading process. Free video courses, FAQ, Lion Academy, financial glossary and many more are available for traders worldwide.
Banc de Binary Banking Info
Banc de Binary review showed us they try to provide traders a high security level in trading binary options.
They use SSL and PCI protection programs, together with few more, which shows how we are talking about trustworthy binary options broker. For traders to be able to deposit with this broker, they have to register on the platform and choose deposit option by their choice and the minimum amount.
Later on, traders will receive message that their account ready for binary options trading.
Traders can make payments with credit cards, bank wire and through e-wallets (Skrill Moneybookers, CashU, QIWI, WebMoney, Yandex.Money etc).
E-wallets are becoming very popular in binary options industry de to its simplicity. Money withdrawal is possible within 3 business days. For traders to be eligible to withdraw funds, they have to send Banc de Binary few documents in order to authenticate identity and prevent possible fraud with personal data.
Documents, such as photo ID, copy of address and credit card should be sent to them. Another great advantage that Banc de Binary offers traders in South Africa is that no fee is charged when withdrawing funds, which is excellent news.
Best binary options Brokers for beginners: Binary trading Requires a good and regulated binary option broker and as well a good trading strategies.
However the more your trading career grow, the more you will need a good trading robot. Above all, bnary options trading is at this moment very popular.
The majority of brokers operating at this moment on the financial market accept clients registration based on regulatory compliance. However, many traders are still not sure if financial betting actually pays or not.
Unfortunately it’s not very easy to find the best binary options brokers easily. This is because after it’s introduced publicly as a tradable asset. Which was on the Chicago Board of Exchange (CBOE), in 2008. There’s uncountable binary options brokers out there. However, the number of brokers available has affected traders choice. As they are confused on which is the best binary options brokers.
Above all, we have carefully done the research for you. And we have listed the best binary options brokers for beginners. They are regulated by security and exchange commission (SEC).
What to consider before trading
Supported trading platform
Above all, It’s very much important to know some basics of the trade. Therefore let us consider this guide from Nadex important. Nadex, a U.S.-based regulated exchange for binary options, identified the top four traded forex pairs you must know before starting trading:
USD and CHF (Swiss franc)
Best binary Option brokers for beginners.
1: IQ option: overall for beginners.
IQ option was founded in 2020 and operated via IQ option Ltd and primarily based in Cyprus. IQ alternative is one of the fastest growing online trading platform. With actual time marketplace whatch. Iq option have increased their brand to encompass CFDs on stocks and ETFs, foreign exchange trading, and the exceptional IQOption product known as digital options.
2: BDswiss: To platform,
BD Swiss founded in 2020, as one of Europe’s leading financial institutions. They specializes in FOREX and CFDs, and BINARY OPTION.
3: Binary.com: Top 10 binary options brokers for MT5 and best online stock brokers
Binary.com is a UK based binary option broker that was founded in 1999. The broker is regulated in British Isles, Malta, UK and Ireland. They have over 300 staffs and contractors with its offices in Malaysia, Malta, Paraguay and the UAE.
4: eToro : best brokers with copy trading
eToro is one the best UK binary options brokers with the best social online trading plartform founded in 2006. However, managed by two brothers Ronen and Yoni Assia and partner David Ring. More-so they are based is Tel Aviv in Israel.
Fees: etoro has low straight forward trading fees.
Best binary options brokers with low minimum deposit of $1, 5 -10
Minimum Deposit: $5
2: IQ Option
Minimum deposit: $10
Minimum deposit: $10. Minimum withdrawal amount is $50 (or equivalents in other currencies, see 24option website) and it is a bit high in our opinion.
Fees for 24option withdrawal after the first one are
Minimum deposit: $10 and the minimum trade amount is $5. You can open your account in USD, GBP, or EUR.
Minimum first-time deposit varies from $200 to $10,000. To view your required minimum click here
Minimum deposit: $250 for the bronze trading account. For the Silver trading account, the minimum deposit requirement is $1000.
Share your thoughts in our top10, binary options brokers forum And see other peoples response.
What should I do as a trader to win
Finally we believe that we have carefully done your homework on best online stock brokers to choose. Therefore we will equally give you tips on how to trade profitably.
However as a trader there are some things to do and some to avoid.
First of all before you start trading consider this steps important.
However, To be a successful binary options trader; you need to use more than one broker. Above all, choose one or more from the above mentioned.
Consider your trading styles on any of our recommended brokers. And know if the broker will suit you.
Register with your chosen trading platform and verify your account. Check our best binary options brokers for beginners. However, you will have to deposit money to start trading.
Select the asset to trade. Trading platforms have assets such as currencies, indices, commodities, and stocks. You can choose to trade in currencies, the popular one being EUR/USD.
More-so, decide on the amount to invest. However then investing in an asset, you will see the payout or the returns for the asset, which can go up to 91%. Make your prediction on the movement of the price of the asset. If you predict the price of the asset to rise, select Call (up). If your prediction is that the price will fall, select Put (Down).
When the trading closes after the given time, for example after 60 seconds, if it is a 60 seconds investment and you have made the correct prediction, then you win. An investment of $ 100 with a 90% payout means that you will have made 90 dollars in a few minutes.
finally, you should Note that binary options and online stock trading involve high-risk. Please consider if you can afford to take such risk before trading. Binaryoptionslord.com doesn’t determine your income nor your lose. However, we give information based on our knowledge.
Finally if you wish to know More about best online stock brokers, please don’t hesitate to contact us.
Best Binary Options Brokers 2020: