The best binary options brokers of 2016 | The emergence of new trading platforms or binary options brokers has been a great, as there are currently over 400 trading platforms, which is a long leap away from the minuscule numbers that operated when binary options trading begun in 2008.
One regulator cannot govern the Binary Options, Trading Software and Foreign Exchange industries. Nonetheless, the increasing popularity of online trading has naturally led to the creation of various regulatory bodies whose primary objective is to protect traders online. This happens by providing a number of watchdogs whose job is to oversee best practices by brokers. Technological advances in recent years have translated to a long list of brokers for traders to choose from, with many of them providing traders with user-friendly platforms to trade in alongside a host of quite tempting benefits.
However, traders cannot enter into business with just any one of these brokers. Some countries – such as the United States – have placed some restrictions, with a raft of strict regulatory requirements being imposed on brokers to accept traders based in the United States. Reading a broker review and then heading to their website in order to trade can be very annoying when you find out that traders from your country are not even accepted.
Comparison of Binary Options Brokers
The most important decision when trading in binary options is choosing the right broker to trade. It is of critical importance to select a high quality broker (such as IQ Option) in order to access the benefits of the binary trading features. In order to help determine the top binary options dealing platforms, various factors come into play. Below are the comparative attributes for the major binary options brokers:
Diverse Asset Base – There are always better prospects and more choices to boost your profits when you trade with many currency pairs. The number of trading options available then becomes a very important factor.
Binary Options Types – In comparison to mainstream brokers, the best brokers typically offer a lot more binary options variants. Such features like Options Creator, One-touch Options or even Short-term Options are crucial in attracting binary traders.
Depositing Options – Trading firms that accept a wide selection of deposit choices are generally easier to get started with, while being readily accessible to more clients. This is ideal for traders, as the platform that offers the better payment and cash-out options is the one they prefer.
Financial Stability – It is definitely important for your broker to maintain a clean business standing, considering well-established brokers are usually much more reliable when compared with smaller firms or upstarts.
Rate of Profitability– There is a reason why you should opt for brokers that offer higher payout rates: making the most out of your transactions. Considering different binary options brokers provide different values of profitability, you should select brokers with high payout rates and payment ratios.
Cashout Options– It is fundamentally appropriate that brokers should be quick and prompt when making payments. Firms that pay within two days or less are often recommended.
The Best Binary Brokers Of 2016
Armed with the comparative tips above, you are ready to sign up with full confidence on our recommended list of brokers. These brokers were tested, regulated, licensed and approved for each of the territories listed. All you have to do is to find the territory that is most appropriate for you, select a broker, sign up and begin trading.
Brokers Recommended in the USA
There are two regulatory bodies that serve the United States binary market; the Commodity Futures Trading Commission [CFTC] and the National Futures Association [NFA] were established to regulate all the trading activity conducted online within the United States, including in the Binary Options field. While it is not illegal for any listed Binary Options brokerage to trade with US traders, any disputes that may arise between brokers and traders will usually end up leading to substantial prosecutions of the broker, with such prosecution possibly originating hefty fines and/or penalties.
This fact and the attendant regulatory restrictions have served to build up two unique groups of Binary Options brokers that accept traders based in the United States. The first group is comprised of offshore brokers who are not regulated by either the CFTC or the NFA. The second group is comprised of brokers who are regulated by one of the two regulatory bodies.
It is always advisable for traders to investigate each potential broker before deciding to sign up, considering not all operate with the highest standards. However, below you can find a list of tested and approved brokers that accept traders based in the United States.
In the binary options marketplace, the broker is one of the most essential players. This is because brokers hold the trading accounts of traders and they are responsible for the provision of signals, handling deposits and making payments and generally looking for the best solutions in the binary options marketplace to allow the trader to maximize his profits. Binary Option Robot is the leading broker in the binary options business today and this is why:
Rate of return:Why do traders venture into the binary options marketplace? They are looking for ways to make the highest returns from the lowest investment. With Binary Option Robot, this expectation comes true. This is because the broker has the best rate of return in the in the binary options business today. With a proven 83% return on investments, traders who retain Binary Option Robot as their preferred broker have every reason to be proud. This is because they are receiving the highest ROI from their investments as compared to other brokers in binary options trading.
The trading platform:Binary Option Robot is an advanced trading platform which is user friendly and comes with all that you will expect from the top broker in the industry. Using sophisticated algorithms and professional traders who analyze all the market data available on various trading assets and indices, Binary Option Robot provides the most qualified signals. These signals are what actually help traders to make winning trades. With an accuracy rate exceeding 80% all the time, 8 out of every 10 trades you make with this broker will be winning trades. This is what makes Binary Option Robot the leader in this field.
Trading assets: Binary Option Robot does not limit the assets you can trade with to a selected view. With this broker, the range of assets you can trade with is quite wide. Whether you want to trade in currency pairs, commodities, stocks or indices, Binary Option Robot has a wide variety of each meaning that you will always find your favorite assets on every trading session. This allows you to maximize on the trading opportunities your favorite assets come with.
Customer support: At Binary Option Robot, customer support is taken very seriously. They recognize the fact that the satisfaction of their clients is an integral part of the success of both the trader and the broker. It is for this reason why as a trader, you will receive the best support in the business. With a round the clock support system, you will have the phone, live chat and email channels all open and ready to respond to your queries.
No downloads: Binary Option Robot does not need you to download software that becomes outdated with time and it has to be updated time and again. This system is fully web-based; you log in from your browser and you are ready to trade. This saves lots of time as well as relieving you of the worry that the software will become outdated while you are still trading and miss out on new features. This system is constantly being upgraded and every time you log in, you can be sure that you will be trading on the current update at all times.
Bonuses: Trading binary options is not so tricky. When you have a broker like Binary Option Robot, the more money you have to trade with, the more the profits. This becomes even better with all the bonuses that this broker will give you. There is a joining bonus as well as other varied bonuses that you will be given once you start trading. This increases the trading deposit you have which only means that you will be making big profits all the time.
Training and technical tools: Every good broker avails to traders the most advanced technical tools to enable them maximize their profits. From trading charts and asset information, traders who have Binary Option Robot as their broker will enjoy these and many more technical tools to enable them have the best trading experience they can have. At Binary Options Robot, traders will also have the opportunity to transform themselves to become better traders. Traders are provided with the best training tools in the market. These include eBooks, webinars, videos and trading charts and manuals.
Compatibility with modern devices: Gone are the days where you had to be seated at your PC at home or at work to make trades. Today, any broker worth his salt will have his system operating an all modern devices today. Binary Option Robot’s software is compatible with your laptop, tablet or smart phone. You can trade anywhere and at any time, just as long as you have an internet signal.
Binary Option Robot is undoubtedly the leading broker in the binary options marketplace. If you are shopping for the best broker, this is it.
For many traders, finding the right broker is of utmost importance. Finding an automated broker with proven signals and a high winning rate is a godsend. If you have been looking for one without success, you are at the right place. Option Robot is a pretty new broker which is not easy to tell judging by its popularity among both experienced and inexperienced traders. Different from your ordinary broker, Option Robot is a fully automated trading system and you don’t need to have had any previous experience in Binary options to join and start earning. With a fully secure and accredited banking system, you are sure that your money is safe at all times, not forgetting fast withdrawal processing to ensure you get your money when you want it, no hassle. That is not all there is to this exemplary broker-cum-trading software as you are about to find out.
The Option Robot has some of the best and most accurate signals you will find in any broker. It generates trading signals with proven winning rates of above 83% which are then used to place trades on your behalf, depending on your settings and preferences of course. With signals this accurate, you are assured of your trades almost always expiring In The Money even with as little market experience as you probably have.
Option Robot offers 3 binary options trading systems to help you manage your investments your way. These are
Classic System – This is regarded as the safest and most secure system with the least risk. With this system, the investment for all your trades will be equal. While it may seem favorable due to low risk, the profit margins are also little.
Martingale System – The martingale system is more widely used in Forex trading but that does not mean it is not applicable to binary options. Basically with this system, the investment amount is gradually increased after a loss until a profit is made then goes back to the original amount. The risks here are slightly more but so are the profits. It is a great choice for traders who want to make quick profits.
Fibonnaci system – The Fibonacci or Fib as it’s popularly known is the most accurate system with straightforward win or loss probability. For each forex pair, a sequence is calculated based on its up-trends or downtrends over an expiry period thus determining its resistance and support levels. This helps choose the right direction to take thereby reducing greatly or completely the chances of losing trades.
With Option Robot, there is no shortage of indicators to choose from as there are several of them available, namely:
Depending on your likes, you can choose one or more of them to help you in your trading. If two or more are selected, they will have to have the same signal for the system to place a trade. For instance if the MACD and Williams indicators are selected they will both have to give the same indication to the system for a trade to be made. For a call trade, both the indicators will have to indicate the same for the signal to be generated and a Call option traded. No trade can be completed when the indicators have different signals, probably a way to reduce the risks to the traders. Nice strategy there.
For any questions and/or inquiries regarding your experiences using the system, you can get help by sending an email to email@example.com and an Option Robot agent will get in touch with you shortly. However, that may not be as fast as you need it to be presumably due to the large volume of emails they receive every day and you may want to look through the FAQ section for answers and clarifications. Who knows, you just might find your particular question(s) clearly answered there. There is also an active interactive blog which contains some significant information on user experiences which might be of help to you.
Other than that, there is not much in terms of contact options which can either be attributed to the fact that it’s a new site or a poor customer service policy. We can’t jump into conclusions this early so we will give them the benefit of doubt.
Opening an Option Robot account is a simple process that will take just a few minutes of your time at most. To sign up, click our Open FREE Account button and select the Join Now tab to start the process. You will then be required to provide your personal details like name, email, phone number and country of residence and that’s all.
To start trading, make a deposit (you can do this through credit card or bank wire transfer) and click on the “Auto Trade” tab on the interface which will require you to set the assets you want to trade in, the expiry times and amount of investment per trade and the Option Robot software does the rest.
You may also choose from the several popular and regulated Compatible Brokers available such as GOptions and Banc de Binary. This selection of some of the best brokers in the business means you won’t go searching for a broker using the ‘Trial and Error’ method, which by the way is a sure way to get permanent headaches and ulcers!
Option Robot, founded by professional Forex and binary options traders is surely an industry game changer. It significantly takes away the need for experience or knowledge of charts and trend lines making it a popular choice for new traders who are the majority. The free software and sign up is also a great idea and will augur well with traders who are not interested in downloading or paying for software, which makes all of us or close to it. The experienced trader will also find the customizable nature of the system and range of trading systems offered a nice addition. Option Robot is a broker site you should try, if you haven’t already.
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There are plenty of brokers in the binary options marketplace. Not all are equal in terms of service provision and commitment to their traders. A good broker is separated from an ordinary broker by the quality of his trading system, the quality of the signals he provides, the rate of return, customer support and the user-friendliness of his system.Binary Hedge Fund scores highly as far as these qualities are concerned. This is one of the leading brokers in the binary options business.What makes Binary Hedge Fund a great broker?
Good return on investment: A good ROI is the prime reason why traders enter the binary options market. If a broker does not give you a good ROI, he does not qualify to hold your trading account and accept deposits from you. With a rate of return on investment hitting 80% almost all the time, Binary Hedge Fund offers a great ROI that many other brokers struggle so hard to achieve. This is complemented by a good winning ratio which is also at 80%. This makes a great combination as the signals that traders who have the Binary Hedge Fund as their broker receive are of good quality and among the best in the industry.
User-friendly software: The developers of the Binary Hedge Fund software came up with a product that traders find a joy to work with. It is very user friendly as the interface is designed to make it easy for you to find anything that you want with as few clicks as possible. You do not have to follow multiple links to find what you want.
Free software: Apart from the initial deposit that Binary Hedge Fund will ask you post, you will never be asked to remit any more money for your continued use of the software. It is completely free to use and to trade in. for any upgrades or system reviews that Binary Hedge Fund will undertake in coming days, you will not be expected to pay for such upgrades or any improvements to the system.
No experience needed: The Binary Hedge Fund software is fully automated. This means that for you to trade profitably with this broker, you do not need to be trained or experienced in binary options trading. When you receive binary options signals from the Binary Hedge Fund brokerage firm, you do not need to add any other input to them; they are fully qualified to trade as they are. What you will do is to execute the trade and that’s it.
Web-based:Another great thing about this broker is that the software is web-based. This allows you to trade without having to download the software onto your PC. With an internet signal anywhere and whenever, you can execute your trades with the Binary Hedge Fund software. This means that even if your preferred device while on the go is your laptop, your tablet or smart phone, trading does not stop. It goes on and on seamlessly from one device to the other.
Customer service: A broker who is not easily accessible to his traders will not make a good broker. With Binary Hedge Fund, the opposite is true. This is because the broker has invested in a highly responsive customer support strategy. Traders will only need to call, email or apply the live chat feature to access the support system. Well informed and highly professional staff mans this department 24/7. This means that there will be somebody to answer all your questions on any issues that you may have when trading at any time.
Easy account opening: With Binary Hedge Fund, account opening is a simple task. Just a few necessary questions are asked of you to fill in the provided form, you then open your account, make a deposit and you are ready to trade. Here you will not find multiple forms and long procedures to have you account ready. In less than 20 minutes, all should have been completed and you should be trading by then.
Wide range of assets: Binary options trading with Binary Hedge Fund gives you the opportunity to trade with the assets that you want to trade with. This broker does not limit the number of currency pairs, commodities or indices that you can trade with. The choice will be all yours where the assets that you want to trade with are concerned.
Traders who select Binary Hedge Fund to be their broker in binary options have found a good broker. Though it comes second to third when it comes to ROI, accuracy ratio and quality of signals, it is nevertheless a great binary options broker to open trading accounts with.
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Of the many brokers in the market at this time, one of the best thee is a new entry in the business, namely TradeThunder, a subsidiary company of LGK Industries. It is based in the United Kingdom and it was incorporated in 2015. They have great products for traders who are looking for simpler interfaces for their trading activities. Trading is simplified by a one-click feature through whichyou only need to make one click to perform a trade. To ‘pull’ or ‘put’, you will not have to go through many steps as it happens elsewhere; with one click you can move on to the next trade.
TradeThunder is available in English and Spanish, with plans to introduce the software in other languages as it grows.
Some of the people who will benefit most from TradeThunder are traders in the United States. This is because good brokers licensed to work in the United States are few and far between. This is a welcome relief as traders now have great software to trade.
Broker: Trade Thunder
Headquarters: 20-22 Wenlock Road, London, England N1 7GU
Headquarters: London (UK) Anguilla
Telephone: +1-646-755-6101 (USA)
Software and trading platform
TradeThunder software is very easy to use. Its user-friendliness has endeared it to many traders who are not so much into cluttered interfaces. The one click trading feature through which a single click (there are buttons for ‘UP’ and ‘DOWN’) can complete a trade is one excellent aspect of TradeThunder
TradeThunder is powered by Leverate BX8. This platform is online trading’s answer for calls for user-friendly interfaces in which all you need to see is right on the screen. This includes the available trades and the closed ones. For quick trading, you will find at least 4 available trades with an expiry period of 60 seconds.
You can make trades from as little as $1, which can be a great starting point for beginners, as they learn all about binary options trading.
Trading assets and expiry time
The trades available at TradeThunder are wide and varied. They are currently offering up to 50 trades for you to choose. They include the favorite currency pairs, as well as blue chip stocks and main indices. This software provides trades with expiry times of 60 seconds, 5 minutes, 30 minutes and 1 hour.
Trading Accounts and bonuses
At TradeThunder, there are four different accounts that you can chose from, depending on your budget and risk level. You can start trading with amounts as low as $20, although each account has its preferred minimum. These accounts are:
Standard Account: Here, the recommended minimum deposit is $300 to earn a bonus of 40%.
Premium Account: This one calls for the minimum balance of $500 and you can expect bonuses of up to 60%.
Pro Account: The minimum deposit here is $1,000 for bonuses of up to 75%.
VIP Account: This is the privileged account through which the bonus is at 100% with an initial deposit of $5,000.
Trading with TradeThunder allows you to earn more in bonuses if you refer a friend. For each deposit of $300 that your friends make, you will earn $50. You can also apply for risk-free trades by depositing $500 and calling support to execute the request.
Withdrawals and deposits are safe with TradeThunder, employing only trusted instruments for the transfer of funds from the customer to the software, and vice versa.
While payouts of up to 91% can be made occasionally, you will generally make payouts in the range of 80 to 85%, which depends on many factors, including the type of asset that you choose to trade.
Payouts at TradeThunder are generally in the 80 to 85% range, depending on the asset and the expiration.
A free demo account is always welcome if you want to give a platform a test run before committing actual funds. This facility is available at no cost through TradeThunder. You can also test your trading practices and preferences to see what will suit you best. After you are satisfied, you can start trading from as little as $20.
Customer support and trader education
TradeThunder has a very good customer support system, which includes a live chat feature, contact form, email and telephone support. It is available for 24 hours a day and 6 days a week. The support staff is quite responsive and effective at handling queries.
Traders are given all the education necessary to be in a position to trade wisely and safely through the platform. Apart from a free ebook, traders have training webinars to watch and learn, and frequent updates of market news and strategy guides.
TradeThunder provides a great new experience in binary options trading, which may differ from what you may have experienced before. The anchoring of the software – on the Leverate BX8 platform – is a coup, as it allows trading to flow smoothly and facilitates an enhanced user experience. TradeThunder is a fresh new place that is regulated, and the profits indicated are what you actually earn. Sign up now and your financial situation will have a profoundly positive change.
Porter Finance is a new online and mobile options broker that was launched in 2014 and has quickly gained a reputation as one of the industry’s most rapidly growing platforms. The firm was founded by a group of industry pioneers, which means that the platform has been fully tested and is the product of combined years of experience. Owned by Running Forest Partners LTD of London England, this broker has been able to lure new traders due to an exceptional trading platform with very effective trading tools. Many binary options traders have also praised the extensive list of assets available to conduct trading.
Easy trading with Porter Finance.
A major aspect clients should always factor in trading sessions is the charge or fee attached when using some selected banking options, when making deposits or withdrawals while transacting with individual trading accounts. The best advantage with Porter Finance is that they chose to put in place a diverse array of banking options, which has allowed them to offer various banking methods, which are preferred by traders from different countries. Most of the major debit and credit cards are accepted, in addition to wire transfers and eWallet payments, with the most popular being Neteller and Skrill.
Multiple Account Types
Porter Finance respects that there are low and high volume traders looking to place trades everyday on their trading platform. As such, there are multiple accounts you can sign up with as a new trader, which include Beginner, Standard, Gold, Platinum and VIP accounts. This broker pays out up to 85% in profits. There are also a number of tools that produce much higher returns, like the One touch, which can pay up to 400% in profits, or the Ladder Options, which offer up to 1,500%. However, these options are not for newbie traders, only for professional traders who prefer high risk/high reward scenarios.
Mobile and Online Trading
You will get the best of both worlds when you sign up with Porter Finance, considering you can now make use of the highly advanced and easy-to-use online trading platform. This platform ensures that you never miss when placing a binary options trade whenever you wish. In addition, you can place any type of trade you wish by using their equally highly advanced mobile trading platform. You only need to log in with your details to access their trading platform, whether on desktop or their mobile trading platform.
Trading Software and Assets
Porter Finance offers versatile trading solutions, with user-friendly software that is easily adjustable to traders’ needs, alongside a modular trading interface. The binary option types available include One Touch, Turbo Options, Pairs, Long Term, High/Low, and the Ladder trading system. You will certainly find your preferred binary options type with so many choices.
This broker also packs an extensive list of assets, with more than 100 stocks, 53 indexes, 28 currency pairs and 11 commodities. The Porter Finance academy has many great resources, which are available to help you improve your trading skills.
Launched in 2011, eXbino is a trading brand operated by the binary options tycoon: Exclusive Ltd. Over the years, this firm has slowly created a remarkable reputation with online traders, due to a flawless payout history and an excellent customer support service. It is a fully regulated firm that has won praise among investors and competitors.
The trading platform is operated by extremely reliable software, which ensures the highest quality in trading. eXbino provides clients with a wide range of user-friendly investing tools that include a multi-faceted professional chart and multiple indicators [MACD, RSI, MA and many others] that clients can use to analyze the market, with quotes being delivered by Thomson Reuters. Clients can expect a high of 90% in profits on standard options, and an incredible high of 350% on High Yield options. The platform packs well over 130 assets [commodities, currencies, indices & stocks], plus a vast array of trading tools such as Boundaries [Regular & High Yield], One Touch [Touch/No Touch and High Yield], Short Terms [even 30 seconds], Regular Binaries [High/Low] as well as Forex deals.
Deposits and Withdrawals
There is a range of methods for depositing in and withdrawing from eXbino. These include MonetaRU, Yandex, Neteller, Skrill, bank wire, credit cards [MasterCard, Visa and others], plus online instant transfers via Cashbill, Sofort and Bitcoin wallets. The minimum deposit value allowed is $200.
Verified account holders can make withdrawals every Monday, and the minimum withdrawal value is about $12. There are generous bonus offers as well, which include welcome bonuses, trading bonuses and deposit bonuses of up to 125%. You can even be offered a trading device – such as an iPad, an iPhone or a MacBook – when you deposit $2,500 or above.
Customer Support Service and Education
The customer support team – with its multi-lingual function – is among the most user-friendly in the market. The reaction time is quite fast, with a customer-oriented attitude. The account managers are very friendly and professional, and they boast of extensive expertise in binary options. You may contact the team via live chat, telephone or email.
Their education provided is customer-oriented, with training given in investing strategies, introducing brokerage, private trading lessons, webinars, binary tips and signals, and much more. The topics offered cater to every trading need.
For those looking for a reliable binary options broker who has a stable and smooth operating platform, an excellent online reputation, a professional support structure, substantial profits and financial liability, eXbino is perfect. Whether a newbie or an experienced hand in online trading, this trading platform has everything and you will not regret signing up with them.
UK traders have two great benefits:they are allowed to trade with any online broker without restrictions; being members of the EU, they are covered by all brokers regulated by the Financial Conduct Association [FCA) of the UK, plus the Securities and Exchange Commission [CySEC] based in Cyprus.
These two are generally the most predominant licenses issued to online binary options brokers. It is therefore likely that traders from the UK will want to choose a broker that is regulated across Europe. Considering traders in the UK have the freedom to trade with almost any broker they want to, both regulated and offshore brokers will most certainly be appealing. However, it is always advisable for traders to conduct research on the best brokers before they decide to invest in them. This is a long and arduous process, which is why we test and review the best UK brokers.
Below are the best binary options brokers of 2015 to be found in the UK.
Binary options trading is gaining a popular reputation with Australian brokers. This increased popularity has led to the tapping of ASIC [Australian Securities and Investments Commission] as the supervisory authority of this sector. Brokers based in or outside Australia are welcome to offer their services to traders in the country, and there are several with fantastic offers for Australian traders.
Some of these brokers could be offshore while some operate on ASIC approval and licensing. A factor worth considering is the exchange rate because of the fluctuations that come with funding your account in other currencies besides the Australian currency.
The brokers below have been tested and reviewed, and they all accept Australian traders.
Online trading is legal in Canada and each of the country’s provinces has its own trading regulator. There is no overall watchdog to regulate trading compliance or to license brokers. One that comes close is the IIROC [Investment Industry Regulatory Organisation of Canada].
However, the IIROC can only set and enforce laws that apply to the Canadian securities and trading markets, but not firms operating in the online world. Therefore, trading in binary options is allowed countrywide.
There are several tested and approved brokers in both regulated and unregulated categories that are suitable for Canadian traders. Concerning this point, we have selected brokers that provide their clients with appropriate support, banking options and other services that are appreciated from respected brokerage services.
The best brokers for you to start trading today are:
The most fortunate traders are found in Europe, especially when it comes to binary options trading. The CySEC [Cyprus Securities and Exchange Commission] was one of the first regulators to supervise industry brokers. This regulatory approach also factored in the MiFID [Markets in Financial Instruments Directive] component, which states:brokers licensed by the CySEC are allowed to trade in all member states of the European Union.
This means that all brokers regulated by the CySEC can accept traders from any country within the European Union. Being the predominant regulatory body for binary options, the CySEC can afford European traders a multitude of choices. There are no restrictions regarding trading with offshore brokers either. This makes Europe – the world’s binary options marketplace – an open floor with a vast number of choices for traders.
The best brokers trading in the European zone are highly recommended and they are:
Of the many brokers in the online forex and stock markets, 24Option is one of the most respected. Their reputation spans the globe with traders form all over the world operating trading accounts with this broker. Their reputation stems from their good services as well as being among the most proactive brokers you will find today. They are also preferred by many traders because of their many incentives that they share with their account holders.
24Option is based in Cyprus. It is a registered binary options broker that has been in operation for a number of years. The Cyprus Securities Exchange Commission (CYSEC) regulates this broker under license number 207/13. Today the broker is under the management of Rodeler Ltd, a holding company, since 2014. CBAY Financials is the company that previously managed and owned this broker. 24Option broker is also a member of the respected the Investment Compensation Fund offering up to €20,000 protection.
24Option has chosen a different path when it comes to the trading engine where this software is anchored. They have selected Tech Financials’ engines which are a lot more innovative, secure and user friendly. The traders with 24Option find a smooth, easy to use platform from which to conduct their binary options trades. Most of the other brokers still use Tradologic and SpotOption.
Best traders are winning huge sums of money from 24Option.
The nature of modern technology demands that all services offered by binary options brokers, and indeed all binary options players, be available on multiple devices with the same level of quality and accessibility. 24Option has not been left behind. They operate a website that is fully optimized for all mobile devices including smart phones and tablets. This allows traders to conduct their traders on the go other than having to return to their PCs as was the case in days gone by.
What Types of Trades are Offered by 24Option Brokers?
24Option gives traders 4 options when it comes to the types of trades they can choose from under the software. These trades are:
One Touch binaries: Here you will find Touch/No Touch trades and High Yield Touch Binaries
Classic Binaries: Here you will find predictions that are of the high/low and above/below kind.
Boundary Binaries: The trades here are of Standard Yield and the High Yield Boundary Options
Short term binaries: These are the trades with the shortest expiry periods which will be between 30 seconds and 5 minutes.
24Option is official partner of Juventus soccer team.
Account Opening at 24Option
A minimum deposit of only $250 is needed to open an account with 24Option. The process takes just a few minutes. You will need to fill a form with your personal details and the make the deposit. You can then start with your demo account immediately to get a feel of the system before trading with actual funds.
Trading Accounts at 24Option
There are 4 different accounts:
The Standard Account: Here, a trader will not have any restrictions on the type of assets he will wish to trade in. There is prompt customer support all round the clock and the maximum payouts are pegged at 83%
The Gold Account: This one comes will all the benefits accruing to the standard account. Also, Gold Account holder will enjoy one free withdrawal per month and earn an extra 2% over and above their investments.
The Platinum Account: Apart from the benefits earned in the Standard and Gold accounts, Platinum Account holders will earn a maximum payout of 89%. There will also be 4 withdrawals without cost every month.
The Diamond account: This is the account for high-end traders. It accrues all the benefits of the other accounts and in addition, the account attracts an extra 6% on each trade plus unlimited withdrawals at no cost.
24Option’s Asset Index
You will not find a more populated list of assets that you can trade with in all of the binary options industry that you will find with 24Option. You will have a choice of well over 100 assets to trade with. This implies that traders will all manner of preferences on assets and trades will have a wide pool from which to select their assets.
Traders can expect maximum payouts with 24Option brokers. This is the highest by far in the market. There are also 15% rebates on money investments.
Customer Support at 24Option
This broker has invested a lot in terms of systems and personnel to ensure that customer support remains top quality in terms of promptness and content. Traders can expect support in at least 17 languages 24 hours a day. This support comes by live chat, email, and telephone support which include local numbers and toll-free ones as well.
24Option Trading, Pros:
Experience: Has been trading since 2010
Regulated and licensed by CySec
Great client services
Benefits and incentives like competitions with cash prizes
24Option remains the leading broker in the binary options market and traders continue to open and maintain accounts here as they have multiple gains to earn from this broker.
Established in 2009, Banc de Binary is a multi-award winning firm and a leading player in the binary options trading market. The firm is the world’s first regulated broker and it is known to have a customer base stretching across 80 countries. The company has a reputation of being one of the most trustworthy binary options brokers.
Banc de Binary platform
Binary Option Types
When it comes to trading, you are offered a raft of binary options by Banc de Binary. The options available are: High/low options, One Touch options, Option builders, Meta chart options and Ladder options.
Additionally, you can trade the binary options listed based on various expiration times. These short-term trades vary between 60 seconds, 15 minutes, 30 minutes, 1 hour and 24 hours. The assets that you can trade include indices, stocks, currencies and commodities. There is a great variety as well, when it comes to the types of trades that investors can place.
Banc de Binary utilizes the very popular Spot Option trading platform. This platform is known to be simple to be accustomed to, as well as user-friendly, especially for newbie traders. The layout is easily customizable to accommodate personal preferences, with a well-laid multi-language function that is very informational and easy to navigate.
Banking Methods and Bonuses
The currencies used when making withdrawals or deposits include the British Sterling pound, the US dollar and the Japanese yen. The Banc de Binary firm accepts various forms of payment and transactions can be made via different methods, which include Cartebleue, Diners Club iDeal, Skrill, Amex, MasterCard, Visa, Maestro, or bank wire transfers. There is a minimum withdrawal limit of $50, and an impressive fast withdrawal time of two days.
There is a bonus of 50% for the opening deposit. If you accept this bonus offer, you must meet a set of terms and conditions before withdrawing your funds. Refusing to accept the bonus means that clients may deposit or withdraw as they wish. The deposit bonus stands at 100% for newbie traders
The Banc de Binary customer support service is responsive and can be contacted 24/7. The best way for clients to contact the customer support team is through email or live chat. While the customer support team is known for its proficiency and for being helpful to their clientele, the team is not allowed to place trades for their clients over the phone.
Banc de Binary is highly recommended. If you are looking to trade in binary options, whether as a beginner seeking tips or as a professional trader in search for an integrated and high-tech platform, Banc de Binary has everything you need. They have mastered the art of trading in binary options an enjoyable experience, so much so that, when you see the money rolling in, you will know if you have made the right choice. The firm is vastly popular all over the world, and this is the reason why they have won so many awards.
Another excellent binary options trading site is the very user-friendly AnyOption. When you want to trade any kind of binary option or transact forex related trades, this firm comes highly recommended due to all the benefits and features on offer. A subsidiary of AnyOption Payment Services Ltd, this trading firm was launched in 2008, by which time it was already becoming a pioneer in the binary options market. The firm is based in Cyprus and it is powered by a proprietary platform through which clients can trade.
Binary Options Trading
AnyOption site comes with in-depth and informative guides that will help you learn how binary options trading works. The firm offers four types of trades, and these are:
One Touch Binary Options
Boundary Binary Options
Early Closure Binary Options
Deposit and Withdrawal
The minimum deposit that you are allowed to make in AnyOption stands at $200. There are various methods when depositing and they include bank wire, credit and debit cards, Skrill plus a range of domestic payment methods. You can register for free as there is no deposit required, and clients from Europe and the United States are welcome, as well as from other countries. You may make your withdrawals at any time, and the best part is that there is no minimum amount. Nevertheless, you can only make one free withdrawal each month, and you will be charged 30USD/20GBP for any additional withdrawals.
All the major assets are covered by AnyOption in various categories: Currency Pairs, Commodities, Indices and Stocks. Indices are especially strong with all major exchanges, plus there is a raft of more niche indices to improve your appetite. Commodities are set to cover all metals in addition to crude, while stocks are fairly distributed with the major European and US names, plus a wide range of Asian stocks on offer. The main currency pairs are represented as well, and one pleasant addition is Bitcoin options, which are rarely offered by other brokers.
There are four option types on offer:
An ‘Option+’ Range
A Binary ‘Event’ Range
One Touch Binary
You can expect a comprehensive suite of assets and options from AnyOption, and these are suitable for any kind of trader. Emerging market currencies are the only niche that you will not find here.
If you are looking for a full feature mobile trading application that is compatible with Android and iPhone, and one that will allow you to trade from anywhere in real-time, then look no further. AnyOption offers you this mobile function, which will also check asset prices and manage your account. There is also a unique ‘Live Trades’ stream to show you the latest and most profitable trades from the last day, week and month. AnyOption is a highflying options broker that is bound to please you with its huge range of option types and exceptional payouts.
IQ Option is a newly established binary options broker based in Cyprus. The firm is owned and operated by a holding company known as Investlab Trading Limited. Investlab Trading in turn operates a management company known as Infofield Premier Limited, which specializes in providing binary trading services to the Russian market in a “no frills” method. With a platform powered by proprietary software, you can earn high profits of up to 93% on your investment portfolio, in a matter of minutes. Besides the high returns on offer, you are also granted the opportunity to win attractive prizes, which range between $250 and $500 in the trading competitions organized by the firm.
IQ Option operates a proprietary platform that significantly differs from other generic platforms in use by many binary brokers. For one, you are able to select assets by way of a tab system. There are more assets as well and you can view them via the drop-down list. There are action buttons for the type of options [Call/Put] that you want to trade, as well as the amount to invest. Here the investment amounts are predefined.
You can choose from fixed amounts of $10, $20, $50 and $80, although you are still allowed to decide the amount that you want to invest simply through keying in an alternate value. You can also find all the navigation choices open to you, which is where you can access the type of trades and your personal cabinet section. The personal cabinet contains information like trading history and banking transactions.
One key feature of the trading platform operated by IQ Option is that it gives you the ability to make several different trades right on the same chart. This is a very useful component, especially when you want to utilize trading strategies like the “Fence,” considering the fact that you are easily able to view your purchases against the lows or highs of any other underlying assets.
Currently, you can only trade with classic High/Low binaries in IQ Options, but you are allowed to decide if you want to trade faster or normally when using the Turbo trade feature.
Trading Accounts and Bonuses
The choices of trading accounts in IQ Option are somehow limited because, as it currently stands, you have two types of trading accounts at your disposal, namely: Normal Account and VIP Account. The bonus amounts open to you vary according to the amount you have deposited. The minimum deposit value may be just $10, but you will need to make a deposit of $100 in order to qualify for a 20% bonus.
The trading contracts on offer can appear to be quite limiting, but the range of assets that you can trade is extensive. There are around 76 different types of assets, many of which are very popular stocks, such as Google and Apple. As a trader, you can choose between commodities, indices, stocks, or matched currency pairs to trade. With the variety of assets on offer, you will definitely find those that you are comfortable trading, in order to consistently ensure winning trades. If you prefer having many options with different assets to trade, IQ Option is perfect in this regard.