Compare Binary Options Brokers

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!

Contents

How to Compare Binary Options Brokers

As binary options trading continues to gain prominence as an alternative investment and hedging vehicle, the number of binary options brokers entering the business, to take a slice of the market, has grown manifold. However, not all the binary options brokers will suit a trader’s risk profile. Thus, it becomes vital for a beginner to sign up with a proper binary options broker so that unwanted future conflict is avoided and trading can be commenced with peace of mind. To achieve the objective, a trader should first of all compare all the binary options brokers based on the following criteria and arrive at the one matching his needs.

Availability of demo account

A demo account enables a trader to get acquainted with a binary broker’s platform, improve the trading skills without risking real money and fine tune the strategy, if necessary. Thus, availability of a demo account provides a certain level of comfort to an aspiring binary option trader. Not all brokers provide a demo account. Additionally, the clauses for the availability of a demo account vary between brokers. Thus, it becomes vital for a trader to consider the availability and rules pertaining to a demo account while comparing binary option brokers.

Location of the company

The jurisdiction under which a binary options broker operates speaks a lot about the company’s credibility. Generally, brokers registered under the European Union and USA is perceived to be trust worthy. Even though, the zone of registration has got nothing to do with the honesty of a binary option broker, still, a company located in a country with strict financial laws is seen as stable and dependable. At the least, traders will have recourse in case of any malpractices by a binary broker operating under stringent financial laws. Thus, of a binary options broker should certainly be looked at while comparing different brokers.

Year of establishment

The adage “old is gold” perfectly fits a binary options business model. A binary options broker is considered to be financial stable if they had been operating without any major issues for a long period of time. The reason is that only a credible binary options broker who has a proper mechanism to balance the risk exposure will be able to survive in the business for several years. Thus, the year of establishment is certainly a factor to consider while comparing binary options brokers.

Time for deposit and withdrawal

Speed of deposits is a vital factor in binary options trading business. Not all traders would be interested in keeping a surplus balance in the trading account. As and when required, a trader should be able to deposit without undue delays. Similarly, payout delays beyond a week would put a serious question mark on the financial stability of the company. Thus, speedy process of deposits and withdrawals should be considered during the comparison of binary brokers.

Maximum gain

The maximum reward for a successful trade ultimately decides the breakeven percentage. Thus, a broker offering an attractive reward is always given preference by binary options traders. Early exit facility is yet another factor which should be considered along with the reward percentage. A broker offering a reasonable reward with early exit facility is better than a broker offering a high reward without any kind of early exit facility.

Return on loss

As an act of encouragement, few binary brokers offer some sort of compensation for trades that result in a loss. However, the reward for successful trades will be relatively lower. If a trader starts with a small capital then such a kind of compensation will be helpful as the account will not get drained in case there is a series of losses. Thus, while comparing brokers, professionals’ advice a trader to take into account the rebate amount.

Minimum and maximum deposit

The financial status of no two traders is similar. Thus, minimum deposit, which may look as a miniscule amount for one trader will look quite large for another trader. Since a trader should always invest only surplus funds, minimum deposit requirement is a must consider factor while comparing binary brokers. The maximum deposit amount is an aspect to be considered if a trader is in a position to invest large amount and plans to take multiple positions (trades) simultaneously.

Minimum and maximum positions

Most brokers do not demand taking more than one position at a time. However, brokers certainly stipulate the minimum value of a trade. If it is too much on the higher side then such a broker should be placed below those brokers who call for a small but reasonable amount to be invested per trade. As far as maximum position for a single asset is concerned the trading platform will certainly have an upper ceiling. If a trader plans to invest huge sum in multiple assets (& different kind of trades) then it is better to have a look at the fine print, which will clearly indicate the maximum volume of trade allowed at a given point of time. The minimum allowed position or minimum investment per trade is certainly a point to consider while comparing different binary brokers.

Reference quote

The live price of an asset shown on the binary options trading platform may be derived from one or more sources. There are even instances of using custom mathematical calculations for arriving at the last traded price. The reference quote may be practically disadvantageous to a trader. Thus, it is always better to know the price source of a binary option trading platform. This is certainly a point to note while rating binary options brokers.

Stability of trading platform

It is not uncommon to see traders complaining about web based platform related issues including price freeze. Such problems may ultimately decide the fate of a trading account. Thus, it is important for a trader to compare the stability of trading platform provided by various binary option brokers. Since it is impossible for a trader to open account with all the brokers and test the platform, after considerable scrutiny, reviews left in the internet by reliable sources can be taken into account.

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!

Bonus for deposit

Pertaining to certain terms and conditions, invariably all binary brokers offer some sort of bonus for the deposits made. It is up to the trader to take it or not. If the terms are hard to satisfy then the bonus will have practically little meaning. The terms of bonus is a matter to be considered while comparing binary options brokers.

Mode of deposit

Depending on where a trader is located geographically, the choice of mode of deposit will vary widely. Thus, a trader should look into the different mode of deposits offered by a binary broker. While wire and credit/debit card transfers are commonly available mode of deposits there are brokers who offer a large range of electronic payment methods for depositing and withdrawing. While preparing a list of binary options brokers, a broker offering multiple modes of deposits is certainly placed higher than the one accepting only wire transfers.

Charting software

Most of the binary options strategies are based on technical analysis. Thus, it is quite important for a trader to have dependable charting software, which can show price movement without any aberration. If the price chart looks blur or does not contain basic analysis tools then the probability of making a perfect entry is lower. So, assessment of charting software is a must while comparing binary option brokers.

Number of assets

Binary options brokers always make sure that a client does not leave them due to lack of assets for trading. However, there may be cases where a client may be interested in trading only a particular index or commodity, which may not be available for trading with a particular broker. Thus, a broker selection should also be based on the number of assets provided. A good binary option broker will be able to provide a wide range of assets for trading. This is a factor which needs to be noted while comparing binary option brokers.

Expiry periods

The expiry period of a binary options contract usually ranges from 30 sec to more than a week. While some brokers are flexible enough to allow customers to create their own contracts there are few others who offer only contracts with fixed expiry periods. Since a trading strategy may not be suited for a particular time frame, a client needs to look into this aspect before picking up a binary broker. Thus, comparison of binary options brokers should certainly involve looking at the range of expiry periods offered for trading.

Range of options

There are brokers who offer special range of options (for e.g., ladder options) which are distinct from the simple high/low bets. The rewards for such option contracts are usually higher. A speculator who is willing to take calculated risk for huge gains would certainly look for such kind of option contracts. Thus, the range of option contracts offered for trading is certainly a factor to be considered while comparing binary option brokers.

Social trading

New entrants to binary options trading will always look for some sort of guidance. Social trading fills up the space between a beginner and professional. Thus, it is a vital factor which should be certainly taken into consideration while comparing binary option brokers.

Customer support

A binary option broker is held with high regard if they provide a 24×7 customer support in more than one language. The nature (online chat, telephone call) and promptness of customer support also matters a lot. Such details should be considered while comparing binary option brokers.

Mobile trading facility

Binary options trading require lot of patience and concentration. Thus, traders would prefer to remain aloof during trading. However, there are situations where a trader may get held up for hours unexpectedly while traveling. In such cases, mobile trading facility will come handy. The trader will be able to take the opportunity to cash on a good trade setup.

Usually, the above mentioned points are carefully analyzed while comparing binary options brokers. However, it should be noted that the needs and aspirations of each and every trader is unique. Thus, a broker who may look great for one trader will not be so for another. It should be remembered that comparisons are always made based on generic aspects related to trading.

Compare Top Binary Options Brokers

What are binary options?

Binary options are a way to speculate and potentially make money in short term price movements in the financial markets. As opposed to financial spread betting where you are basically trading the underlying instrument with binary options you are betting on a specific price being reached or not. For more information on how binary options betting works see here.

Binary option broker reviews

There are seemingly hundreds of binary options brokers marketing for new business on the internet. Before you apply for an account make sure you read our binary option broker reviews for more information on who owns a company, their regulatory status, welcome bonuses and what range or markets and prices are on offer.

Learning to trade binary options

Trading binary options is actually quite easy. The terminology may be quite daunting at first, but once you get your head around that and the mechanics of how binary options works the principle is simple. Learn how to trade binary options with our guides and articles.

Getting started in binary betting

The first thing to do if you want to start binary options trading is to pick a broker. Our binary betting comparison tables give a good overview of the brokers that provide online binary option betting platforms. Our getting started guide to binary options guide will talk you through then best places to get started and give some simple tips on strategy and what you should expect from the market.

Puts and calls?!$#!!

Puts and Calls are the terminology used in traditional options trading. Binary betting has been derived from options so the terms still loosely apply. A call is simply the right to buy meaning you think the market will go up if you are a buyer. A put is the reverse i.e. you think the market will go down and you have the right to sell.
With binary options it is much simpler, you either pick yes or no to an event and the prices settles when the time expires. Some brokers use the phrases put and call to make the product sound more professional.

Are binary options a scam?

Binary options themselves are not a scam but there are some unscrupulous so called brokers operating in the industry. To avoid trouble always go with a UK regulated firm that offers binary options and be sure to check the main office is based in the UK. Find out more about binary options scams here.

Is it investing or trading or betting or what?

Firstly, binary options is certainly not investing. Because of the absolute nature of the product it can hardly be called trading either. The most appropriate label would be betting. Binary options are a form of betting on an event either happening or not happening.

The regulation of binary betting

There is some confusion in the industry as to who actually should regulate binary betting. Most binary options brokers seem to be located in Cyprus and use variants of the local Cyprian authorisation to operate in different domains. It is expected that at some point binary options betting will be regulated in the UK by either the FCA or Gambling Commission.

Binary betting welcome bonuses

These are fairly standard across most binary betting brokers. Binary options welcome bonuses generally work on getting a percentage of your initial deposit as a bonus once you have placed a certain amount of trades or bets.
For example a 100% bonus on a £100 initial deposit would result in getting a further £100 in bonus funds. There are of course the usual terms such as not being able to withdraw bonus amounts and a time limit to claim them. In order to claim you will have to bet an equal or greater amount that you will be receiving so take them with a pinch of salt.

Can you actually make money binary betting?

As with any financial product binary betting is there as a mechanism to speculate on price movements. Whether or not you make money is totally dependent you your ability to predict the financial markets. So the answer is yes you can make money if you call the market right. You can also lose money if you call it wrong. Even though binary betting is predicated on either yes/no outcomes it should be noted that the odds of winning are not 50/50.
The odds will always be stacked against you. Even though there is an element of skill involved when comparing it to online gambling it is more like online poker than an online casino.

Binary Options – Tips, Trading Patterns, Broker Reviews and Much More!

This is what a simple trading platform looks like.

Binary option trading is a new way to trade on the stock market and make money online.

Imagine you were a trader. Is the value of gold going to increase in the next hour? If so, open a trade! If your prediction is right, you get your profit. That’s it!

But here’s the twist.

Nobody really knows what exactly is going to happen, because it is hard to predict for a novice trader. But there are methods that can help you accurately predict the outcome.

There is no secret formula that will help you win 100 % of the trades you make, but if you understand the market, you can trade profitably. However, it is important to note, that not all traders manage to make money. Read more about risks connected with binary trading here.

How to trade binary options

Professionals always use a specific trading strategy to help them predict the price movement. They are highly effective, but you need to download special software to use them. To read more about that software, visit Meta Trader Articles.

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Binary options trading patterns

Yes! There are trading patterns (strategies) that will help you trade binary options profitably! The trading patterns are usually difficult to learn, which is the reason why you should visit our website often. We provide you with the best articles on technical analysis, fundamental analysis, and other related topics.

Apart from that, you’ll read about mentioned trading patterns, news and other important information from the world of binary options. Once you choose the right trading pattern to use, earning money with binary options could become your one and only income.

Whether you are ready to fully engage yourself in trading or you are a newcomer in this area, I am sure you will find something interesting. Our reviews and intuitive comparative platform in tables will help you make your decision.

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What are binary options? More detailed information…

Binary options are one of the several types of online stock trading. Trading of this type is specific with its extreme simplicity to grasp, just like the name says (binary – ­ having only two parts – profit or loss). Even a new trader, who would have big problems in the stock market, could trade options profitably. However, not everyone can do so.

Trading binary options is always clear and fast. Everything is about commodities prices or currency pairs and their decrease/increase. In the last few years, this type of trading has become very popular, offering investors with a low­ budget a way of trading on the financial market.

Investors in this field receive a fixed profit rate, minimizing the amount that an investor could lose in a separate trade. Compared to forex trading, this trading style is easier, but potential gains don’t reach as high. All in all, binary options are a suitable way to get started in the financial markets.

Binary options brokers usually offer profits ranging between 70-­90%. Meaning that if your trade (your prediction) is correct, you’ll get your money back plus an extra profit of around 90 percent.

A Trader (you) chooses whether the price of gold, silver or a certain stock will fluctuate up or down​. If the guess is correct, you’ll get a reward in the form of up to 191% of the traded amount. These movements can be predicted fairly accurately so trading binary options is a way to make a long-term profits.

It’s easy to understand, right? �� Not as easy to do, however. Now you know what binary options are.

Binary options over the weekend

Binary options trading over the weekend isn’t usually possible, because the stock market is closed, stocks and commodity prices don’t really move, so we have nothing to predict, since there are no movements happening.

There are, however, a few brokers that allow you to trade over the weekend. You usually trade indices or cryptocurrencies and their volatility isn’t high. Also, the profits are usually fairly low. That’s why it’s not really easy to predict their direction, but give the trading over the weekend a go, as every experience counts.

Types of binary options:

  • High-low:The most popular type of trading, where the trader speculates whether the asset price will increase or decrease over a certain time period (until it expires).
  • One touch: The trader speculates whether the asset price will reach a certain price over the course of the open trade – before it’s expiration. It doesn’t have to end up at this price, which makes the trade a bit easier
  • No touch: This binary option trade is quite similar to the previous one. A trader speculates whether during a certain time (the expiration period) the price won’t reach or go over a given limit.
  • Ladder: Traders speculate whether the price of an underlying asset, at its expiration date, will be higher or lower than the price they’ve set. The potential risk will increase or decrease, depending on the difference between the price over the time of the purchase and the determined expiration time. This usually makes the profit fluctuate, too. You can get a profit of between 1 and 500%.

Why trade binary options?

The biggest advantage of binary options trading is the opportunity to achieve a high return rate with each successful trade even if the price movement is minimal.

The majority of brokers offer a profit of up to 100%. Early returns are also one of the main reasons to start with this type of trading. There are many trading patterns on the internet which may help you increase your chance of profit.

Trading of binary options is becoming very popular all over the world, which is indicated by rising number of brokers on the market in the past years.

How to start with binary options

If you have decided to start with binary options trade, we recommend you to read the tips for beginners and FAQ. These pages offer valuable information to get you up and running. Our list of recommended brokers for beginners is also worth mentioning.

Don’t miss our series (technical analysis show, fundamental analysis show) on mastering the art of binary options trade.

Do you know what to expect from binaryoptions and trading and are you ready to start? Our page will help you choose the right broker with which you will cooperate. You will find many reviews: Olymp Trade review, ExpertOption, IQ Option review, Binomo review, and many other brokers.

It’s entirely up to you which one you will choose, but why wait? Read the reviews now!

Binary options demo account

If you want to start trading but are unsure if this activity is right for you, there is nothing easier than trying it on a demo account. Some brokers have their own demo accounts (such as IQ Option) to try out their platform. But if you want to try trading with no risk and with no need to register, our website also offers demo accounts for free.

Binary option trade risks

Although everything written on this page is true, there are certain risks in binary options trade which you should know of. Even if you manage to win 50% of the trades you place, you will eventually be losing money, because the payouts are usually lower than 100%. You choose how much you can lose.

If you make a deposit of let’s say 500 USD, you can’t lose more than that. That is an advantage compared to trading on forex, where your loss can exceed your deposited capital. With binaries, this can’t happen. Please, do not deposit money that you can’t afford to lose because it is possible that this will happen.

Binary options brokers are no non-profit organizations. In order for brokers to be able to pay out clients who know how to trade, there must be clients who lose. So which group will you join?

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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