Top US Binary Options Brokers Online

Best Binary Options Brokers 2020:

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


    Perfect For Experienced Traders!

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Top US binary brokers

You might say there is currently a war against binary options being waged by various countries around the world. Israel is currently considering a law that will ban binary options while countries like Singapore and Netherlands are discouraging their people from engaging in the industry.

In the US, CFTC warned people against trading binary options, but the trade has not been banned. In a 2020 statement by the CFTC, they warned against trading with internet-based trading platforms which were not regulated. Instead, they advised traders in the US to make use of the several exchanges which are registered with the regulatory bodies.

The reasons behind the war against binary options stem from an increasing number of complaints from traders. These traders have claimed that the brokers have defrauded them of their investment. The regulatory bodies also point at the misrepresentation of the binary options industry by brokers who tend to downplay the risks involved while promising extremely lucrative returns. (Trading binary options vs. Forex)

Nevertheless, the industry is still thriving, and more traders prefer binary options to other forms of trading. The main reason for this is the ease of trading binary options and the lucrative potential returns. Like every investment, binary options carry risk, but with one of the Best Binary Options Brokers, your chances of losing are reduced to the factors you can control.

For traders based in the US, it’s a bit more difficult to find a broker because there’s only one US-based binary options broker, Nadex. The rest are headquartered outside the US, and many of these brokers do not accept US clients. Therefore, this leaves Nadex to be the best broker for US residents, but there are still a few brokers outside the US that can be trusted.

Nadex exchange

The North American Derivatives Exchange (Nadex) is an exchange based in Chicago that specializes in offering binary options. It is regulated by the CFTC and was the first exchange in the US that dealt primarily with binary options. Besides these, they also offer spreads, but binary options remain to be their main business.

There are several features that have made Nadex the top binary options broker in the US, and some standout offerings include:

Multiple financial instruments to trade

Nadex gives you access to binary options for:

Best Binary Options Brokers 2020:

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


    Perfect For Experienced Traders!

  • forex currency pairs
  • commodities
  • stock indices like the Dow Jones or the S&P 500 in the US and even foreign indices like the Nikkei 225 in Japan and FTSE 100 in the United Kingdom (Trading stock indices)
  • bitcoin

There is also the option to trade binary options for financial news events on the Forex calendar. With this tool, you can bet whether the news announcement will go one way or the other, for example, whether the unemployment rate in a certain country will be higher or lower.

This wide variety of financial assets to trade gives traders the freedom and ability to choose whatever they are most comfortable with. It is also great for hedging against risk, thereby helping you to maximize profits

Various trading terms

Traders will appreciate the flexibility offered by Nadex in the variety of trading opportunities. You can trade weekly, daily and hourly contracts, although you can’t go to a lower timeframe than that.

The hourly contracts are suitable for traders who prefer to trade within short timeframes, and the contract will expire at the end of the hour since the trade was placed. Daily contracts will expire when the trading session ends at the end of the day. For example, a daily contract on the NYSE will expire at 4pm EST when the New York session ends (How to trade on the NYSE). For those traders who prefer to trade even longer timeframes, the weekly contracts are a great option as the weekly contracts will expire at the end of the week.

All the timeframes available for trading have their advantages, and the choice allows you to adjust your trading strategy according to your risk appetite. In addition, Nadex can allow you to close your trades before the expiration date you had set before. This can be a huge benefit to the trader if they feel like the trade might turn against them.

Low fees

The fees charged for trading with Nadex are fixed at $0.90 per contract both on entry and exit. This means that you will be charged $0.90 when you enter a trade, either a call or put action, then $0.90 will be deducted if your trade expires in the money. If the trade goes bad and expires out of the money, there will be no additional charge at the time of settlement.

What’s really great about Nadex fees is that the $0.90 fee per contract is capped at 10 contracts, meaning that the maximum fee is $9. Therefore, if you trade, say, 100 contracts, the fee will not go beyond $9 because the fee is capped at 10 contracts. This is a really great offer that allows you to trade more with less charges. Also, because they don’t charge a settlement fee for losing trades, it helps to reduce the losses on your account.

Nadex’s fee structure is different from other binary options brokers who pay out a percentage of the earnings, which will always lead to a significant deduction as your earnings increase.

Dealing with an exchange

As an exchange, Nadex does not take the opposite side of your trades, and they only match your orders with another party, usually a market maker of futures commission merchant (FCM). This obviously eliminates any conflict of interest, ensuring that your trades are fair and not being manipulated. Some unregulated brokers have been found engaging in such actions, whereby they keep extending the expiration date until your trade becomes a loser. Nadex has no need to do this because they are an exchange.

Several trading platforms

You can trade binary options offered by Nadex through their web-based platform or the mobile application which is available for iOS and Android. Some traders may not like that they don’t have a downloadable desktop software, but the web-based application is still quite powerful and packed with essential features.

Brokers outside the US accepting US clients

Since most binary options brokers do not accept clients from the US, we chose those that do so that US clients can find reliable brokers they can work with.


You might be wondering why the broker is not one of the FCA regulated Forex brokers despite being in the Isle of Man which is a British Crown dependency, but you should not be worried. The Isle of Man Gambling Supervision Commission can be trusted and even meets the requirements of UK’s Gambling Commission. It shows that the regulator is good, and this is why they are allowed to advertise in the UK.

Due to being licensed and thus trusted, MarketsWorld has become one of the top binary options brokers around the world. That they accept US clients is a bonus for such clients, and they are recommended. Their reviews on various real Forex broker reviews are also great, showing that they are trustworthy.

Some standout features of MarketsWorld include:

  • Favourable returns – unlike Nadex which charges a fixed fee, MarketsWorld pays out between 75% and 91% of the earnings, keeping the rest as the fee. This may be a bit costlier compared to Nadex, until you consider that Nadex is an exchange and MarketsWorld a broker
  • Variety of tradable instruments – you gain access to various tradable instruments through this broker. There is a wide enough variety for trading binary options, especially considering you can do it all on one platform (Trading commodities)
  • Flexible expiration periods – with MarketsWorld, you can trade binary options for as short a period as 60 seconds. Given that they accept minimum trades of $1 and a minimum deposit of $20, it is possible for anyone to participate regardless of their account size and place numerous trades in a day


You’re probably going to be disappointed that Finpari is not regulated by any financial regulatory body, but it remains trusted. From the reviews on the internet, Finpari gets mostly favourable reviews, which shows that people are still using their services.

It was only founded in 2020, and they still do not have a locense, but they are based in Aberdeen, Scotland. Some standout features by this broker include:

  • Use of SpotOption – this is a favourite platform for trading options, just like MetaTrader is for Forex traders (See MetaTrader 4 advanced features). The use of a popular trading platform allows traders to access trading signals and familiar tools, making their trading simpler
  • Favourable fee structure and returns – the payout by Finpari could be between 80% to 87% depending on the risk posed by the financial instrument. However, it takes $250 to open an account, which is higher that the two previous brokers’ minimum deposit, but still favourable
  • Tradable instruments – stocks, indices and currency pairs are available for trade, and this is enough variety to hedge against risk and maximize profits (Basics of stock trading)

Choosing Finpari, which is unregulated, may be a bit of a risk, and there are some traders that won’t like this fact. Nevertheless, it’s common for a brokerage which is just starting up to lack regulation but still maintain integrity. If you’re not entirely comfortable, start with a small deposit and then increase the funding as you develop confidence in the company.

To understand the growth of binary options trading in the US, here is a short video:

Best Binary Option Brokers 2020 – Top5

Online binary options traders will agree that choosing the right broker is one of the important things you can do to increase chances of succeeding as a trader.

There are hundreds of brokers to choose among. However, finding the best options broker will require you take into account various factors.

These include considering things like whether they’re fully regulated, payment methods accepted, financial instruments on offer and minimum trading amounts among others.

But sifting through dozens of brokers to find the right one for you could require several days of online research. To allow you to cut down on this time, we’ve created this detailed review.

10 of the best binary options brokers operating online today.

Each broker was selected based on several criteria. These include:
    Popularity among online traders Countries where they are popular Regulatory bodies Tradable financial instruments on offer Accepted payment methods Whether they have a binary options demo account Trader friendliness Deposits, effective returns and withdrawals . and many more

You can also click on a specific broker to read a more comprehensive review of the broker.

So here it goes.

Olymp Trade

This is one of the new entrants in the binary options market. Launched in 2020, Olymp Trade has its headquarters in Russia.

This options broker is regulated by the Financial Markets Relations Resolution Center (FMRRC). They’re also a member of the International Financial Commission (FinaCom).

Getting started with Olymp Trade is easy because the broker offers a demo trading account with RUB 10,000 virtual cash. The broker accepts payments made via wire transfer, credit card and eWallets like Skrill.

If you decide to join this broker, you will need to choose between a Standard Account and a VIP account. For the Standard Account, you’ll only need to make a minimum deposit of $10.

For a VIP Account, you’ll need at least $2000. The minimum you can invest in a single trade is $1 and you can earn an effective return of up to 90%.

Each trade can run for as long as 1 hour and losing trades can be exited at any time to minimize losses. Their list of tradable assets is currently under 20.

Withdrawals are processed fast and will usually reflect on your account within 5 days. Currently, Olymp Trade is most popular in the following countries: the Russian Federation, Thailand, Brazil, Indonesia and Turkey.

IQ Option

We consider this as one of the top binary options brokers for a number of reasons. One is that they are fully regulated by CySEC and offer their services to traders from many countries across the globe.
IQ Option was founded in 2020 and is headquartered in Cyprus.

This broker’s platform is well designed and can be accessed via browser or app.
Their platform also includes dozens of different charts, indicators and other trader friendly features.

One of their strong points is the high effective returns earned per trade. You can actually earn up to 95% on successful trades. Another cool thing about this broker is the over 10 million different assets you can choose from.

If you wish to try out their platform, you can open a binary options demo account before trying out a real account. The demo account comes credited with $10000 virtual cash.

Opening a real account will require as little as $10. You can make your deposit via wire transfer, credit/debit card, Skrill and other eWallets.

Withdrawals can be made via these payment methods. Each withdrawals request is processed within 24 hours.

IQ option accepts almost every nationality but some of the countries where IQ Option is the most popular are the Russian Federation, Italy, India, Brazil and Thailand.

Broker Rating Full Review Demo


Several things make Ayrex among the best binary trading sites. Launched in 2020, this is one of the few brokers that are currently unregulated (although they claim to be working to get CySEC regulation).

You can enter into a trade position using as little as $1. Trades can last as long as 24 hours.

One of the reasons we chose to include Ayrex in this binary options broker review is their unique and custom trading platform.

The underlying software is extremely fast. This is quite important since the broker offers trade expiry times of as little as 30 seconds.

They also offer a neat demo account with $1000 virtual cash. One thing that stands out about this demo account is that you can actually increase the amount in your demo account in $1000 increments.

Opening a real cash account is also quite simple. The broker accepts several payment methods including wire transfer, credit card, Skrill and Neteller.

The minimum amount you need to open a real cash account is $5. Successful trades will earn as much as 83% effective return. Your withdrawals will be processed within 24 hours.

Ayrex currently offers over 50 financial instruments. Their client base is pooled from countries like South Africa, India, Indonesia, the UK and Malaysia.

Broker Rating Full Review Demo


This is one of the new entrants in the regulated binary options brokers industry. ExpertOption was founded in 2020 and is regulated by the Financial Markets Regulations Center (FMRRC) and the Vanuatu Financial Services Commission (VFSC).

ExpertOption offers a modern, well-designed platform that’s powered by the broker’s own custom software.

The platform is quite fast and accessible via a web browser or mobile app. Being a new broker, their assets list is quite limited (currently just

However, the list includes cryptocurrencies which many traders are finding attractive.
You can start trading on the ExpertOption platform using their demo account which comes credited with $10000 virtual cash.

To open a real trading account, you’ll need to deposit anywhere between $50 and $5000.

There are 5 different account types each offering several trader friendly features. Every new account can attract a bonus of up to 125% which is quite high.

The ExpertOption platform accepts over 20 different payment methods including wire transfer, credit cards, Skrill and WebMoney.

Depending on your account type, you can enter a position with as little as $1 and as high as $5000. Each successful trade will attract an effective return of up to 96%.

One feature we particularly like about this broker is how fast withdrawals are processed. Depending on your account type, you can have withdrawals processed within as little as 48 hours.
You can also withdraw as little as $10.

Currently, ExpertOption is popular by traders from India, the United States, South Africa, Indonesia and Thailand.

Best Binary Options Brokers 2020:

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


    Perfect For Experienced Traders!

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How To Choose Binary Options Broker 2020
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Broker Rating Full Review Demo