Belgium Binary Options Brokers

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Top Binary Option Brokers of 2020

The total number of active binary options brokerages currently stands at 501.Brokers open up shop almost on a daily basis. And only a few remain in a high competition for best offers and higher returns. Competition among Binary brokers is fierce, which means costs are coming down and services are being ramped up.

To decide on a Binary broker, you should look at the following factors:

  • Account minimum – maximum
  • Costs and Fees
  • Assets & Instruments
  • Customer Support
  • Accepted Countries

Best binary brokers 2020

Platform Min. Investment Min. Deposit Max. Returns Min Withdrawal
OlympTrade $1 $10 92% $10
PocketOption $1 $10 96% $10
ExpertOption $1 $50 90% $50
Binomo $1 $10 87% $10
HighLow $50 $50 180% $50

Finding a decent binary options broker isn’t an easy task. It’s a matter of doing your due diligence check before you decide to invest.With the proper preparation and dedication, anything can be done.Your first broker won’t necessarily be your broker for life. Your life will change, and your needs as an investor may change along with it.

Let’s go over top Binary brokers of 2020

Olymp Trade

Olymp Trade appeared on the options market in 2020.As a leading trading platform, Olymp Trade provides the market with a one-stop hub for trading, complete with easy-to-understand trading tools and resources that are easy to follow and understand.

If you’ve searched the web for a trading platform you’ve likely come across a few that trigger skepticism. However, according to Olymp Trade they are currently a member of the International Financial Commission, which they joined in 2020. Being a part of the Financial Commission gives traders a level of reliability as traders deposits may be refunded up to $20,000 in the event of fraud by the company.

Olymp Trade Account minimum & maximum :

  • Minimum Deposit: $10
  • Minimum Investment: $1
  • Maximum Return: 92%
  • Minimum Withdrawal: $10

Olymp Trade offers :

Over 70 asset types including currency pairs, commodities, stocks, indices and crypto. Some brokers offer lots of different trade types, these include Call/Put or High/Low options then there are Ladders and Pairs, Range, One Touch and Long Term. This isn’t the case with Olymp Trade as there is just two types of trades, the classic, tried and tested High/Low and 60 Second Options.

Olymp Trade support :

Operated in 8 languages Russian, Arabic, English, Bahasa, Indonesian, Portuguese, Spanish and Turkish.Olymp Trade are no different, they have a strong support system in place and support is available by phone, via email or by live chat.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Olymp Trade does not operate in :

Gibraltar, the Isle of man, Guernsey, Jersey, Australia, Canada, the United States, Japan, Austria, Belgium, Bulgaria, Croatia, Cyprus, Lichtenstein, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Iceland, Italy, Israel, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, New Zealand, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Switzerland, Sweden, and United Kingdom

Most popular Question ‘Is it a Scam’?

Essentially, they tick all of the boxes of a trustworthy digital options broker including offering trader protection, backed by the IFC of up to $20,000.

Conclusion

Olymp Trade positions itself as an innovative company on the Binary options market. It has reached higher levels in the quality of provided services and its clients training. Both experienced and beginning traders have an opportunity to practice their skills.

Pocket Option

Pocket Option is a brand-new binary options broker promising instant access to more than 100 assets.Their approach is to reach out to beginners, and traders that want to spend time in a virtual platform before spending real money trading. Pocket Option looks like a brokerage with very high payouts, low deposit and withdrawal requirements

PocketOption Account minimum & maximum :

  • Minimum Deposit: $10
  • Minimum Investment: $1
  • Maximum Return: 96%
  • Minimum Withdrawal: $10

Deposits and withdrawals can be made using 100 methods, including of course credit cards, wire transfer and tons of e-wallets. The minimum sums vary depending on what part of the website you’re reading but they are pretty low either. Pocket Option offers bonus which is 100% for a minimum 50 USD deposit (something like that will definitely attract the attention of beginners)

Pocket Option offers :

22 currency pairs, 6 commodities, 17 stocks and 40 cryptocurrencies, among which the popular Bitcoin but also Litecoin, Ethereum, Dash and many more.

PocketOption support :

Operates only in English and Russian. You can contact specialists by sending e-mail, using Live Chat or toll-free telephone number.

Pocket Option does not operate in :

As Pocket Option claims, they operate from many countries.

Most popular Question ‘Is it a Scam’?

The brokerage is quite new, so far nothing points towards them being a scam.

Conclusion

If you are looking for a quick way to make some demo trades, then Pocket Option may be the solution for you. It’s difficult to enter the binary options market, considering there have been so many brokers inhabiting this marketplace for quite some time. That being said, Pocket Option feels that there is room for them, as a more simple and convenient way to trade.

The platform began providing services in 2020. ExpertOption makes the clients the priority, also making customer service its primary value.

ExpertOption

What really stands out for expert option is that they have developed their own trading engine and platform. This is contrary to the usual practice where brokers would outsource their platforms to an external technology provider.

Expert Option Account minimum & maximum :

  • Minimum Deposit: $$50
  • Minimum Investment: $1
  • Maximum Return: 87%
  • Minimum Withdrawal: $10

In Expert Option you can choose among 20 different payment options to fund and withdraw from your trading account.New accounts attract bonuses that range between 50% and 125% of the amount deposited. You can choose to decline the bonus. This is only possible if you haven’t started trading. One downside to accepting the bonus is that it locks your deposited funds.

Expert Option offers :

This online Binary options broker offers around 100 different types of assets.These include currency pairs, commodities, stocks and cryptocurrencies. Their cryptocurrencies list is quite impressive. While most brokers prefer to offer just Bitcoin and Ethereum, Expert Option offers well over 10 different cryptocurrencies along with exotic pairs such as BTC/INR (Bitcoin/Indian Rupee).

Expert Option support :

ExpertOption provides 3 different contact numbers for clients from different regions in the world. In addition, you can also contact customer support via email or live chat.Expert Option claims that they have 24/7 customer support. You can reach these support agents directly from the trading platform.

Expert Option does not operate in :

The platform was built to enable traders from different parts of the world to gain easy access to options. This however doesn’t mean that traders from all countries are allowed to trade on the platform. Due to regulatory requirements in some countries, Expert Option doesn’t offer their services to citizens of countries such as the USA, Canada, Israel, Japan and Australia among other countries.

Most popular Question ‘Is it a Scam’?

One of the things that point to Expert Option’s legitimacy is their transparency. For one, they’ve explicitly provided their contact information. Some brokers usually only provide an email address which makes it harder to get in touch with their customer support staff.

The broker is also regulated by the FMRRC and VFSC. From their list of non-supported countries, it’s evident that Expert Option largely targets traders from Russia and other Asian countries.

Conclusion

Compared to all the other Option brands, it seems that Expert Option has a relatively clean online reputation. If you are interested in a strong platform with numerous cryptocurrency assets and you are in a country that Expert Option operates in, then it may indeed be a solution.

Binomo

Established in 2020, they seem to offer everything that you would expect from a top level firm. Their mission – “An innovative trading platform with small investment.”From a quick glance, they appear to have an emphasis on the technology side of trading. The company is a trading platform that allows users to benefit from up and down moves in the underlying asset. Binomo’s website states they are, “…a trading platform on which you can ear on rises or falls in currency exchange rates and prices for shares or commodities”.

Binomo Account minimum & maximum :

  • Minimum Deposit: $10
  • Minimum Investment: $1
  • Maximum Return: 99%
  • Minimum Withdrawal: $10

According to the FAQ page, you can fund your account using a plethora of options, which include Visa, MasterCard, Neteller, and even cryptocurrencies such as Bitcoin and Litecoin. When first time registered by Binomo, you have the right for getting bonuses. Their amount may reach 100% of the filling sum.Such offers let you double your capital at once after you signed up in the system, with no risks for your deposit.

Binomo offers :

Types of Assets : Currency pairs, precious metals, cryptocurrency (Bitcoin BTC, Litecoin LTC, Crypto IDX), indices, raw materials, stocks

Expert Option only offers High/Low Options and Turbo Trades. Expiry times for High/Low options are 15, 30 and 60 minutes. The more complicated pair options aren’t offered, another sign of a target audience of new or inexperienced traders.

Binomo support :

Customer support seems good and the mobile trading experience is suitable for trading on the go. The site is intuitive and easy to navigate.

Binomo does not operate in : Canada, Cyprus, UK, Ireland, United States

Most popular Question ‘Is it a Scam’?

According to their regulations page, they are a member of the Financial Commission, which is “…a neutral and independent dispute resolution organization that specializes in financial markets”. Since May of 2020, the company has been an “A” category member of the Financial Commission. Essentially this means that Binomo is attempting to be transparent in their operations and provide confidence in their platform.

Conclusion

Overall, this trading platform has all the necessary products to begin trading and putting your money to work.If you’re just starting to get acquainted with the options market, you won’t find a better broker than Binomo. On the company’s website, there is a large collection of material for beginners and professional training for a variety of traders.

HighLow

Since its inception in 2020, HighLow has been serving clients from all over the world. And over the years, the broker has earned a reputation for being a transparent and trustworthy broker.

HighLow Account minimum & maximum :

Minimum Deposit: For Australian based traders, the minimum deposit requirement is merely AUD$10. As for international traders, the minimum deposit requirement is $/£/€50.

  • Minimum Investment: $50
  • Maximum Return: 180%
  • Minimum Withdrawal: $50

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. 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).

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.

HighLow offers :

Their asset list is not as extensive as what most binary brokers are offering in the industry. Currently, HighLow has only 43 different types of assets. Nevertheless, the available assets are able to cover different asset classes such as currencies, commodities, and market indices. Option Types:

High/Low – The standard binary trade – will the asset value finish higher or lower than the current price.

High/Low Spread –Payouts on the ‘spread’ options are 100%.

Turbo – Again, these follow the same process as a standard High / Low option. So expiries of 30 seconds and 1,3 or 5 minutes.

Turbo Spread – Short term expiry high / low options – but with a spread on the current market value and payouts of 100%

HighLow support :

You can only contact their support team through email and the telephone. As for telephone support, the service is only available on weekdays from 09:00 to 04:00 (AEDT/AEST time)

HighLow does not operate in : Cameroon, Hong Kong, Iran, Israel, Nigeria, Romania, Russian Federation, Singapore, Saudi Arabia, Canada, India, Albania, Algeria, Bangladesh, Belarus, Brazil, Belgium, Ghana, Iceland, Pakistan, United States, Germany, Italy, Netherlands, France, Spain, Russian Federation, United Kingdom.

Be aware that there are hundreds of different Binary Brokers available to you, and as such finding one that is going to offer you everything you are looking for and one that is going to offer you a fully rounded trading experience may take some time.

Most popular Question ‘Is it a Scam’?

While trading with this friendly broker, traders do not need to worry. This broker is regulated with AFSL ( Australian Financial Services Licence) by ASIC (Australian Securities and Investments Commission) under license no. 364264.Of course, there are some countries that are not accepted by the broker itself. U.S residents, for example, are not accepted.

HighLow broker offers a friendly trading platform and a secure trading environment.

Conclusion

With a cutting edge platform, instant withdrawals, a powerful mobile trading app and full regulation – High Low offers a great choice of broker for both novice or beginner traders, as well as for more advanced trading veterans.With their corporate headquarters located in Sydney, Australia, HighLow is one of the few remaining binary options brokers that are still going strong.

Now you know the top six. All of them have Free Demo accounts. Do not use a binary options broker that does not provide a demo trading account which lets you try out your strategies using virtual money. Also, make sure the demo account is using real live market data and not pre-recorded data streams.

Here are some of the factors that should be compared while choosing binary options broker:

  • Compare Deposit Bonus: though not every broker, most of them offer deposit bonus or welcome bonus.
  • Payout of Maximum Percentage
  • Minimum Deposit
  • Deposit and Withdrawal Options
  • Customer Service

To be successful in binary option trading, finding right broker is the most crucial part.

Unless you have clear guidance for choosing right trading broker, it is will difficult to compare and make any decision.

Binary options brokers

Binary options – one of the most popular stock exchange trading tools after Forex. The point of trade is that the trader needs to make a deal for purchasing or selling of the option, after choosing the underlying asset and the expiration period (time of option expiration). When buying or selling the option the trader predicts where the price trend will be for the basic asset (currency, securities, gold, etc.) after the definite time period. If the trade is successful, then the trader may earn from 70 to 400% of lot’s sum. The amount of the profit depends on the selected option type (details below).

“Binary options are not available to retail EU traders. If you are not a professional trader, please leave this page.”

Broker Reviews Minimum deposit Minimum rate Profitability Mobile application Regulator Link
1 Broker ExpertOption

Founded in 2020

10$ 1$ 95% ЦРОФР View more
Go to site
2 Broker Olymp trade

Founded in 2020

1 $ 10 $ до 90% International Finance Commission View more
Go to site
3 Broker Grand Capital

Founded in 2006

10 USD 1 USD 444% Вануату View more
Go to site
4 Broker IQ Option 10$ 1$ 85% CySEC View more
Go to site
5 Broker Binary

Founded in 1999

5$ 1$ 100% FFAJ View more
Go to site
6 Broker Binomo

Founded in 2020

$ 10 $ 1 87% ЦРФИН View more
Go to site
7 Broker AAAFx

Founded in 2008

300 USD 1:1, 500:1, до 85%; MiFid View more
Go to site
8 Broker Larson&Holz

Founded in 2004

250$ 0,01 89% Vanuatu View more
Go to site

The advantages of binary options trading:

  • The simplicity. Unlike Forex, where the profit is generated due to price growth or fall, binary options trading has 2 results: whether the trend direction is guessed or not.;
  • There is no need to monitor for price trends 24 hours a day and search for the means of most convenient ways of leaving the market By choosing Turbo-options, you may get the result in 60 seconds;
  • High profitability, the amount of which you know beforehand, when making a stake. Binary brokers specify the profitability of the tool in their conditions.

Important! Though the binary options trading is more easier than Forex, but it requires the same complex approach to strategy development and tools usage of technical and fundamental analysis. Any attempts to “guess” the trend direction may lead to deposit loss.

Investlb.com financial portal has analyzed the conditions of many of the binary brokers, and offers you the verified companies, which provide the optimal trading conditions: minimum deposit level, small lot’s step, convenient and clear trading platform, and also, the wide variety of tools with the educational materials. Binary brokers, that are present in the list, will fit both professionals and those who just learn the basis of binary options trading.

Binary brokers and options types.

Binary brokers differs from each other by the trading conditions, and the offered tools (otions types) and trading platforms. And if the convenience of the platform each one evaluates by himself (more about the binary options platforms here), than the trading conditions is a very important moment. When choosing the binary broker, please pay attention to:

  • The presence of the regulator. The most reliable regulator of the world are described here;
  • The presence of free demo account;
  • The ways of adding funds and their withdrawal. Every broker has different terms of withdrawal (1-7 days) and different commission fee for the operation;
  • The sum of the minimal deposit. Binary brokers set high entry threshold for professionals. We recommend the novice traders to pay attention to the brokers, where the deposit amount is 0-5 USD;
  • The sum of the minimal deal;
  • The profit level in case of successful trade.

Despite the limited set of tools (there are about 10 binary options types), not every broker offer the access to all features. We selected the most popular options and placed them in the ascending order by the complexity. It is logical, that as the complexity increases, the sum of the profit increases either, which may rise up to 300-400 % from the sum of the lot.

There are hundreds of forex, crypto, binary options and CFDs brokers online at the moment. Every day, thousands of traders are trying to get relevant and objective information about those online trading houses , before they decide to deposit their money with them. Fair Forex Brokers was created to help customers with this task. In the list below, there are many brokers we have reviewed in recent years. Take the time to research our list of the fairest options, forex and crypto brokers!

*Amount will be credited to account in case of successful investme nt

Online brokers are companies that offer the service of trading on a platform with different assets, depending on their area of expertise. Best forex and binary brokers offer trading on multiple devices, demo accounts, reasonable minimum deposit, and user-friendly terms and conditions. We have done all in our power to create objective reviews in order to make sure traders get the relevant information about the best binary options, CFD and forex brokers.

Traders can read about special features these online brokers offer, their trading platform, bonuses, deposits, withdrawals and more! All the relevant info we compiled in our broker review pages is presented in a way that is easy to understand. We have listed some features and conditions that can make or break the trading experience with forex brokers.

Forex and Binary Options Brokers Minimum Deposit

Minimum deposit is the minimum amount you have to deposit with a binary, forex, crypto or CFD broker in order to use their trading service. This is the one you use to place trades. If you read our broker review carefully, you will find out how minimum deposits vary, not only depending on the broker brand but also depending on the broker type. For example, most binary options brokers require a minimum deposit in the amount of $250, and only a few have lower minimum deposit limits. On the other hand, forex, CFDs and cryptocurrency trading brokers offer trading for as little as $1 or $10 minimum deposit.

Spreads with Forex and CFDs Broker

Spread is the difference between ask and bid price. For example, in forex trading, the EURUSD pair may be valued at 1.1234. However, if you wish to buy EURUSD contract, you have to pay the ask price that can be somewhat higher – for example, 1.1236. The seller gets for example 1.1232. The difference between the ask and bid price, 0.0004 is called a spread – 4 pips in this case. Even though it seems quite insignificant, try to do the same math with large numbers and you will quickly notice how your perception of the importance of spread might change. Learn more about spreads and forex/CFD trading.

Spreads vs. Commissions When Trading Forex

You will notice some forex brokers do not have spreads for EURUSD (its 0 pips), or they are much lower in general. These brokers are so called ECN brokers which route orders directly to the liquidity market. They will not charge spreads, but they do charge commissions for each trade placed and closed. The commission can range from few USD to even $22 in some cases. For small traders spreads will mostly be more interesting since they do not like paying commissions that are a huge proportion of their trading margin. However, commissions are fixed costs for large traders and they prefer them to spreads. Brokers that have ECN execution are FXTM or IronFX which offers bot kinds of accounts.

CFDs Trading Platforms

Forex, binary options, CFD and cryptocurrency brokers are companies that are offering customers to trade based on underlying assets, but the trading takes place at a special software platform integrated on the website or downloaded on a computer. Some brokers prefer to develop their own trading platforms, also called proprietary platforms, while others simply outsource the platform development to reliable software companies. Here, we will list some of the most popular online CFDs trading platforms.

  • Proprietary – usually features custom-made trading interface and special tools not available elsewhere. Can be found with brokers of all kinds: forex, binary, CFDs, and even auto trading software. Brokers using proprietary platforms are IQoption and Plus500 (CFD Service. 80.6% lose money)
  • MetaTrader4 – an older version of one of the most popular forex trading platforms in the world. It requires download and installation on the trading device. Almost every forex and CFDs broker supports the so called MT4. See how to trade on MT4.
  • MetaTrader5 – the latest MT version, popular among forex traders of all kinds. Offers a free demo. Learn how to use MT5.
  • Webtrader – web version of MT platforms, but also other platforms like Sirix
  • SpotOption – once very popular binary trading platform is now offering exclusively other types of trading such as forex, CFD, and crypto

Forex and CFDs Brokers – Leverage

Leverage is a certain amount of money provided by the forex or CFDs broker that traders can use to increase their invested amount. For example, when using a leverage of 1:100, you actually multiply the volume of contracts for 100 times, which means more profit for you in case your trades are successful. This is also called margin trading, since all trader needs to do is ensure that it has enough margin (in this case, 1%) to cover the positions. Don’t mistake leverage for binary options bonuses. Leverage has terms that apply and in case your trades are not going as expected and your margin cannot cover potential losses, you’ll receive a margin call. This means you need to deposit more or close the positions. Read a simple explanation here.

Leverage – Use borrowed capital to increase the return of your investment

Underlying Assets Available for Trading with CFDs and Crypto Brokers

One of the main characteristics of different types of brokers is the underlying assets portfolio. While some traders believe the more assets they have available the merrier, that is not necessarily the truth. It is, most of all, important that the broker supports the assets and types of trading you are interested in.

Forex brokers offer currency pairs that are the basic of forex trading in general, they can also include forex – currency pairs, stocks, options, ETFs, commodities, indices and cryptocurrencies.

Binary brokers usually offer a great variety of underlying assets, including commodities, currencies, indices, and stocks, but not as broad as with CFD brokers. CFDs contracts are usually based on stocks, commodities and bonds, but also other types of assets. Forex sometimes offer CFDs contracts and vice versa simply becuse its the same instrument, just different assets.

Cryptocurrencies can be offered by crypto brokers, forex brokers, binary and CFDs brokers. If you want to buy and sell cryptocurrencies, not just bet on them, it is better (although more complicated and risky) to use a crypto exchange.

Deposit and Withdrawal methods with Forex and Binary Options Brokers.

Payment methods are transaction methods for depositing and withdrawing. The number of payment methods available with a single broker may vary not only on the broker but your geolocation as well, as some methods are highly localized. Still, bank wire and credit cards are supported by almost all brokers.

Payment methods are:

  • Credit cards (Visa, Maestro, Amex) – sometimes have a fee for withdrawing attached
  • Bank wire – slower method, and a good choice for bigger transactions. Usually has a withdrawing fee attached to it.
  • E-wallets (Skrill, Paypal, Neteller etc.) – available with most brokers, usually have no fees attached. Fast and convenient.
  • Cryptocurrencies (bitcoin, ethereum, litecoin, dash) – supported only by a handful of brokers. Require the trader to own a crypto wallet.

Traders’ Complaints and Negative Reviews of Forex Brokers

It is important to keep in mind that when you browse the Internet you will find negative reviews about brokers from angry traders who lost their money. When trading binary options, CFDs or forex, there is a risk involved and bad reviews that stem from angry unsuccessful traders are not of any use to anyone. It is important to remain objective and correctly assess the level of service a broker offers.

If your trade has gone sour – its most likely not broker’s fault. If you seen massive slippage or requotes that diminished your positions profitability, then there are reasons for the concern.

Competitors or individuals who are annoyed that they lost their money may have written negative reviews even if they traded with the best binary options brokers. On our site, you will always find positive or neutral reviews since we do not list bad brokers. However, we point out if we have found anything negative to say about any of the binary options brokers. For the brokers we determined are not to be promoted, their reviews will be listed in the blacklist.

We review the brokers on a regular basis to assure they live up to our high standards at all times. We recommend you only trade with brokers found on this site to avoid any unpleasant experiences and problems with cash-outs.

Find a Fair Options, Forex or CFD Broker No Matter from Which Country You Are Coming From!

We are working hard to bring the best platforms to traders in each country through our network of 16 localized websites. So go ahead and choose your language in the top right corner. We have covered most of the European markets and New Zealand in order to become better at providing specialized content to customers from those countries.

How to Master the Forex Broker Comparison?

Let’s say you decided to trade CFDs. That is a popular choice among traders as it allows you great portfolio diversification. The next big step is selecting a broker.

First and foremost, make sure to check out our forex list. There, you will find several brokers we believe offer the best trading conditions, and solid trading experience. But, never select the broker only based on web design and logo. Here are some tips on how to compare forex brokers before you start trading.

Compare Binary Options Brokers by Checking Trading Conditions

One of the best ways to do a proper broker comparison is to check the trading conditions: minimum deposit, spreads, leverage, maybe even bonuses, and not to forget – withdrawal conditions. Also, check out the account types available and do some math to see how many contracts you can buy for a minimum deposit and how will minimum trade requirements affect your trading liquidity.

Compare CFD Brokers by Comparing Platforms

Check out the reviews to find out what platforms are offered. Most forex brokers offer multiple trading platforms. If both brokers offer the same type of platform, look for a mobile trading app or a demo trading account. Not all brokers have the same level of service even if they have the same platform provider. Check their lists of underlying assets and find one that suits you better.

Compare Forex Brokers Based on Their License

Most brokers you will encounter in our reviews are regulated, brokers. That means that they have a license for operating their business provided by at least one regulatory body. It is always a wise decision to trade with a regulated broker, as traders get an additional safety net in case they find it troublesome to communicate with their broker. Also, regulated brokers have to oblige many rules and regulations in order to keep their license which means a higher level of customer protection for you.

Regulation of Forex, Binary, CFDs and Cryptocurrency Brokers

Regulatory framework may vary from country to country. While some countries rely on restrictions, others prefer to follow international trends in regulation of online brokers.
Find out how brokers are regulated in your country!

Regulation of Forex, Binary, CFDs and Cryptocurrency Brokers in the US

The United States has a very clear and strict regulatory framework regarding forex, binary, CFDs and crypto brokers. The main regulatory body is the CFTC, that also provides the regulation for NADEX, one of the biggest forex and binary exchanges in the USA. If you prefer to trade cryptocurrencies on exchanges, bear in mind that their regulation is more complex and harder to navigate as it involves Securities and Exchange Commission, Commodity Futures Trading Commission, Internal Revenue Service and Department of Treasury.

Regulation of Forex, Binary, CFDs and Cryptocurrency Brokers in Australia

ASIC is the main regulatory body for forex, crypto, binary and CFD brokers in Australia. They have a high set of standards, so not many brokers have their license. Even though there are several documents regarding cryptocurrencies trading regulations, there is still no distinctive act. It can be presumed how ASIC will provide licenses for crypto trading as well. At the moment, cryptocurrency brokers in Australia have no special regulatory status.

Regulation of Forex, Binary, CFDs and Crypto Brokers in South Africa

All brokers in South Africa are regulated by the FSB, that also regulates the Johannesburg Stock Exchange.

Regulation of Forex, Binary, CFDs and Crypto Brokers in the European Union Countries

Forex, binary and CFDs brokers prefer CySEC regulation as it opens the doors to multiple markets (basically, all members of the EU). However, some countries prefer stricter and more localized approach. For example, In Belgium binary options trading is completely banned, while in France there is no advertising of such services allowed.

Besides CySEC, in the European Union traders can also regulate with brokers regulated by BaFin (Germany), AMF (France), Finma (Switzerland), etc.

Regulation of Forex, Binary, CFDs and Crypto Brokers in New Zealand

FMA is the regulatory body for online brokers in New Zealand. They have high standards and a license that is somewhat difficult to acquire.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

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