Top 10 Binary Options Bonuses 2020 All Traders Should Know

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!

Top 10 Binary Options Bonuses 2020 All Traders Should Know

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:

  • FOREX
  • Exchange Market
  • Digital Options

Other things to Learn

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!

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.

HighLow – Australian broker review

HighLow

  • Minimum deposit: $ 10 ($50 when using payment card )
  • 50% cashback on the first trade/s
  • Free demo account
  • Profit up to 200%

High-Low is an Australian broker founded in 2020 on the platform of Market Pulse under the regulation of ASIC. Unlike the majority of other brokers, its registered office is in Sydney where it is also regulated. The minimum investment with the broker highlow is $ 50, to which you get additional cashback worth $ 50, which is in fact nothing else than risk free trades.

Though High-Low is a good broker, we recommend IQ Option, whose minimum deposit is even lower ($10) and their platform is also excellent. However, if you use High-Low to test your first trades, you do not have to fear. The profits this broker offers are above-the-standard, 88% for binary options (for the majority of assets) or even 100% (for spread options) and 93 % for short term options.

HighLow.net Trading Platform

High-Low uses an in-house platform not well known in the market. The platform called Market Pulse is very fast, but with a limited number of assets to be traded. Traders can start to trade with as low as $10. The overall impression of the smooth platform is very positive to me. In the recent months, the platform has been slightly modified, so the current look has changed for the better.

As a disadvantage I would point out a small number of assets offered for trading (25) and the impossibility of navigating through the chart. This is more or less the issue of the broker and should not necessarily concern you, if you use Meta Trader. More information about the Meta Trader software is available here: Series on Meta Trader. We strongly recommend that all of you who have not read the series should do so.

The higlow.net’s new platform

  1. The platform offers trading of spread options with the profit of 100 %
  2. Conventional options report profit of 88 % and short-term options (minute trading) even more – 93 %
  3. The platform offers the option to “buy-you-out” of your trades, which means closing the trade before it’s expiration for both profitable or losing trades.

HighLow Demo Account

A great thing is the possibility of using a demo account to test the broker’s platform immediately after a free registration without any time limits. You do not have to invest money (as with other brokers) and the demo account is available instantly. The quality of the demo account is good and its “intentions” honest, unlike the demo of Binary Options Robot.

However, if you don’t feel comfortable using High-Low’s demo account you can use the demo account for free at our website – xbinop.com (demo). We do not require any registration or things like this. You can start trading immediately, which surely comes handy at times.

Broker Info Bonus Open Account
USA Allowed No
Assets: 22
Payout: Up to 100%*
Demo Account: Yes
Min Deposit: $ 50
Only for Australia Trade Now! Read Review

High-Low’s bonus: instant cashback of $50 free of charge

Free cashback of $50 is a benefit both novices and experienced traders will appreciate. One could say that this is a risk-free trade, rather than a typical cashback. This practically means, that all your trades (up to the total of $50) will be either profitable or the broker will credit your account with money the trade lost. The cashback works without any further conditions.

This bonus is a great thing, indeed, because it does not push the trader to do more trades (as in the case of other bonuses that unregulated brokers offer). You can withdraw all deposited cash immediately.

It is true that CySEC has imposed a ban on trading bonuses. However, High-Low is not regulated by CySEC. This absence of regulation is logical because the geographic regions in which the broker is doing business and focuses on include mostly Australia and Japan (not Europe). But if you want to trade with this broker and you are from Europe, it is not a problem. Ever binary options trader with a minimum investment of the mere $50 will be eligible to the bonus promoted by High-Low on its website. So, don’t waste time and go do it!:-)

Spread Binary Options

This broker offers trading of the regular high-low options, and also spread options. This type of binary options offered by High-Low to every trader is attractive because of the profit it offers. The profit is not 70 or 85 per cent, it is full 100%, regardless of the expiry time frame chosen by the trader.

The only drawback in this type of options is that the trader is somewhat disadvantaged against the broker. It is because the price must exceed the boundary of around six pips in the (call/put) option’s direction to generate some profit (ITM).

Overivew of HighLow.net spread options

Highlow Mobile Applications

Among other factors that position HighLow at the top are Android and iPhone mobile applications which you can conveniently use to trade regardless of your whereabouts. Fortunately, their mobile application is as fast as the web platform. Try it for yourself!

Broker Info Bonus Open Account
USA Allowed No
Assets: 22
Payout: Up to 100%*
Demo Account: Yes
Min Deposit: $ 50
Only for Australia Trade Now! Read Review

Highlow Deposit and Withdrawals:

HighLow offers many different ways to deposit funds into and out of your account. These include Visa, Mastercard, Wire Transfer, Amex, and Neteller. Deposits are usually done immediately, but withdrawals could take 1 day.

Minimum deposit is a low $50 when you use a credit card or Neteller, but if you use a bank wire transfer you can deposit as low as $10.

Minimum withdrawal is $50 and can be instant with a fee, or takes around 1 day without a fee.

Languages offered

There is only two languages offered by HighLow broker, and those are English and Japanese. Japan is the leading country for this broker, counting about 70 % of their traders (March 2020)

HighLow Pros

  • Broker regulated by Australian Financial Services
  • Minimum deposit: $ 10 ($50 when using payment card )
  • 50% cashback on the first trade/s
  • Free demo account
  • Profit up to 200%
  • Quick withdrawal
  • Options buy-out

HighLow Cons

  • Only for Australian traders
  • Small range of assets available for trading
  • The system does not enable differentiating time frames on the chart
  • No regulation by CySEC

HighLow – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author

HighLow Details

✅ Broker HighLow
✅ Website URL https://highlow.net/
✅ Founded 2020
✅ Headquarters Sydney, Australia.
✅ Support Number [email protected]
✅ Support Types E-mail, Phone
✅ Languages English, Japanese
✅ Trading Platform MarketsPulse
✅ Minimum 1st Deposit $ 50
✅ Minimum Trade Amount $ 10
✅ Maximum Trade Amount $ 1000
✅ Bonus Only for Australia
✅ Payout Up to 100%*
✅ Free Demo Account
✅ Regulated
✅ Regulation ASIC
✅ Account Types Standard
✅ Deposit Methods Credit Cards, Neteller, Wire Transfer
✅ Withdrawal Methods Credit Cards, Neteller, Wire Transfer
✅ Trading Methods High/low, spread high/low, on demand
✅ Number of Assets 22
✅ Expiry Times 1 minute, 3 minutes, 5 minutes, 15 minutes, 1 hour, 24 hours,
✅ Types of Assets 17 Currency pairs (AUD/JPY, AUD/NZD, AUD/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY) and GOLD a 5 indices – AUS200, HKG33, JPN225, UK100, US30
✅ Trading Currency USD, AUD
✅ Account Currency USD, AUD
✅ US Traders Allowed
✅ Mobile Trading
✅ Tablet Trading
✅ Overall Score 4 / 5

Open Account!

27 Responses to “HighLow – Australian broker review”

Hello, im from malaysia.. ive been away for 1 months suddenly i cant access the trade area in highlow account. whats happening

Hi,IAM from Namibia , Africa,can I trade with high low broker

Hi Marri, unfortunately, since May 22nd 2020, this broker doesn’t allow any registrations from outside of Australia.

How come I can only withdraw my deposit money of £50 to my credit card when I have £84.53 in my account balance. Can you please tell me what is happening and what I can do?
thanks

Hello, the minimum withdraw is 50 so you should be able to withdraw this, it’s weird that you are not. Did you get any message or info on why you can’t do it? Let us know, thank you.

I lost an incredible amount of Funds to the fake Binary option Brokers, It all started from a phone call and after some persuasion I decided to invest, after months of constant investment I decided to ask for a payout this was the beginning of my turmoil, to my dismay I was still asked to invest more. Being a Single Mother of 3 kids this really affected me and despite all efforts to contact them failed.

Hello, Kate, we are really sorry to hear that story. Were you able to get your money back or not? You are talking about HighLow exactly or any other broker? Let us please know more about your story. Thank you so much! And be more careful next time.

From peoples comments and experience I’ve read on here, I think they are another scam because any legit company would easily pay out money the same way they easily received it. Its the same thing i faced with IQ options, and after they noticed their trials to convince me wasn’t working anymore and i was adamant on getting withdrawal, they requested for documents and later stopped replying to my emails. over 8months i kept trying different sources on how to get my money back.

Hello, thank you so much for sharing your experiences. My own experience with IQOption and HighLow is just good, I have never had a single problem with any of these two brokers and I was trading with them around 3 years, which is a long time. Was you able to get your money back or no? Let us please know and share your story with us. Thank you so much and have a nice day!

Hi,is anybody knows if Europeans can trade on HighLow after 2nd of July

Hey �� People from Europe Union can’t trade with broker High Low anymore.

Top 10 Forex Contests 2020

Everyone has a competitive streak in themselves, am I right? Facing challenges and having a clear goal or something to strive for can bring out the best in us and show what we are truly capable of. Best Forex contests intend to do exactly that – Forex traders are competing against each other, showing their abilities and trading styles. The top contestants are of course rewarded at the end of the competition but the other participants always walk away with plenty of new knowledge and experience which is very useful at the end of the day.

Constant learning and exposure to the Forex market is a way to success, so next time you see an advertisement for a Forex demo trading tournament or something similar, do not glance over and ignore it. Many of them are worth paying attention to because you never know what you can learn from them and what impact those newly acquired skills will have on your future as a Forex trader.

If you do not want to compete with other traders, you can browse No Deposit Bonus category and pick the best free bonus for start! Also, you can claim one of two best no deposit bonuses below.

This list is intended to make your quest easier if you are searching for the best Forex championships around, so let’s take a closer look.

1. MultiBank Fast & Furious Demo Contest

Multibank FX Fast & Furious Demo Contest is a great competition for the newcomers to the Forex industry and Multibank FX in particular. This contest offers generous prize of $10,000 to the winner! The competition is ran on the MT4 Demo accounts, so if you find this software suitable for you – go ahead and start competing right away!

2. RoboForex Demo Contest

RoboForex offers a variety of top Forex tournaments. Whether you want a daily challenge or something long term, this is a place for you. You have an ability to choose between daily, weekly, or monthly contests and all of them require an entry fee. Of course, you have to be a member of their website. The prize pool is distributed among the highest ranked top ten traders at the end of each contest, regardless of the challenge you decided to join.

The funds you win will be then distributed to your account and you can withdraw them at any time as long as all the requirements are checked and in order. You will be competing with a demo account in this instance so it is a great learning opportunity. You can test your skill in a risk free environment and track your progress overtime. Also, traders have the freedom to join at any time they want.

3. MFX Broker Freeroll Championship

MFX Broker offers two kinds of contests to their registered users – FX Rodeo which is a daily challenge and Weekly Jam that lasts from Monday to Friday. Weekly Jam can be regarded as the best Forex tournament of this duration. A participant is offered $10,000 of deposit to their demo account at the beginning of each round and they have an opportunity to win $500 at the end of it. FX Rodeo is a quick and exciting challenge which requires your complete focus and the price is attractive as well. The initial deposit is $5,000 and the award is $300. You don’t have to pay any fee in order to be a contestant but you will have to create an account on MFX Broker’s website.

4. LiteForex Contests

LiteForex holds two kinds of competitions – Fighting and Top 10 Forex. Fighting is a weekly challenge that begins every Wednesday and it lasts for seven days. Your objective is to trade and earn as much profit as possible in a week. The prize pool is $1,500 and it is divided among the first ten traders on the list. Top 10 Forex is also a weekly challenge but the prize pool is different.

If you decide to choose this one, you will be competing for a $2,500 in the prize pool. However, it is more challenging than Fighting because you are required to make profitable transactions with specific currencies you have been assigned. That gives an interesting twist and makes this challenge more attractive altogether. Of course, the competitions are held with demo accounts and you are required to create a new account if you are not already a member of LiteForex.

5. InstaForex Contests

Another place where you can find contests of different durations is InstaForex. Daily, weekly or monthly… It is up to you to make a decision and start trading. Their Lucky Trader contest is often seen as the top Forex championship on various lists. It lasts for two weeks and the prize pool for a single round is $3,000. That amount of money is divided among the top traders.

Real Scalping is another contest worth your attention. It is a monthly challenge and every participant gets the initial $20,000. Those who have the biggest deposit once the challenge is over are pronounced winners. If you are interested in any of these challenges, head to the website and register. You need to have a InstaForex account if you wish to participate.

6. Alpari Formula FX

If you are ready to take off your training wheels and progress from demo to live contests, you should check out Formula FX. Yes, you will be trading with your actual funds but you will also have a chance to win real money to your account.

Formula FX is a weekly challenge open to Alpari members. There are twenty winners at the end of each round and the prize pool is $1,620. Your aim is to have a highest rate of return percentage. A winner can withdraw their award whenever they wish to do so. It is a great place to start with live contests and test the waters of live trading challenges.

7. OctaFX Supercharged

This Forex contest is a bit different because participants have an opportunity to win cars and various Apple devices. A prize changes in every round. A single round lasts for four weeks and you can join whenever you want. If you want to compete for these prizes, you need to have an OctaFX account and put $150 as your initial deposit. A trader who has the most points at the end of the contest will be a winner. Supercharged brought some freshness to the traders who love to participate in these kinds of challenges and it may even be the best Forex contest 2020.

8. Tickmill Trader of the Month

This contest is a bit different than the rest I have listed here. All Tickmill users are automatically in the running for the monthly prize. The winner is selected by a jury and he or she will win $1,000 to their live account. So how do you compete then, you might ask.

Well, the said jury picks a trader who not only showed outstanding skills and earned the most profit, but they also analyze their trading style and methods as well as the risk they are willing to take in order to be profitable. The only downside to this is the fact that you will be competing against a large number of traders but that can surely motivate and inspire you even more.

9. Mayzus Scalping Wars

If you love to trade with a lot of energy and you are bored when the market is not moving, give Mayzus Scalping Wars a chance. It is a contest for demo accounts and it is held on a weekly basis, from Monday to Friday. Each trader will receive virtual $10,000 and their primary goal is to be as profitable as possible. Five winners will be announced at the end of each round and they have an opportunity to win up to $500 to their demo accounts.

The majority of traders who participate in competitions enjoy this sort of tournament and Scalping Wars is a truly great Forex demo contest 2020. This is also an excellent learning opportunity if you want to know more about scalping and how it actually works. Many traders shy away from this style of trading but you never know, it might suit you better than the method you are using at the moment.

10. Grand Capital Drag Trade

This is another fast paced demo contest on this list. Drag Trade is really short since it lasts only for an hour. This is a good thing since you will be able to see the results pretty quickly. You can compete in this contest every Friday from 5:00pm to 6:00pm Moscow time. And you can walk away with great prizes. Top ten places are awarded and the winner will receive $200. There are no fees for those who want to be a part of this challenge and you need to register prior to the start of the challenge.

Special Edition – DMM FX Live Forex Contest

Are you looking to feeling that a regular contest would be just a waste of your time? It can certainly be if you are experienced enough.

This is why you are provided with a great chance to trade on a live account and participate in the contest within the same time.

Sounds good, doesn’t it?

Participating in this contest is simple as 1, 2, 3, just follow this steps:

  1. Open a Live Account with DMM FX
  2. Deposit at least 200 AUD / USD / EUR or 20,000 JPY
  3. Trade and win up to 10,000 USD in cash

Act before it is too late, the contest lasts only until 19th of March. This offer has expired. Browse through Forex Championships category.

If you do not feel that contests are the right way for you to go, there are always Forex deposit bonus and no deposit deals. For those of you who want to start trading without investments, we would advise the best free FX deal can be claimed via button below.

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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