Maybe you’re still learning about trading, or perhaps you feel ready to take your first step into the trading market as a beginner. We’ve researched the binary options trading market extensively to help make your task of choosing a platform simpler.
As you may have heard, trading with binary options is one way to get into the markets with minimal trading experience but with the real possibility of ending up with some great returns. Of course, before you can begin trading, you will need to find the best binary option broker for you. There are a LOT of brokers in the giant binary options trading industry. Naturally, a single broker cannot necessarily be said to be outright “the best” one versus another. However, we do our utmost here to review all aspects of the best binary options sites to help you decide. Our site’s role is to act as a guide in this sometimes overwhelming task of yours. By following these helpful tips and recommendations, you’re just a click away from the best binary trading brokers. So, let’s get started.
What is trading with binary options?
Before moving to the particular part of our research for the best binary options brokers, it is a good idea to make a quick revision of your binary options knowledge and to be more specific – of the binary options trading activity. To understand trading with binary options you should know, at first, what binary options are. In general, a binary option is a class of an option where the payoff comes with only two final possible results. The first result is the fixed amount of money of the asset you have chosen, while the other one (the negative or the loss) is nothing at all. As you can see trading with binaries is different from trading on regular Forex markets, like the top forex brokers are different than the binary options ones, where in most cases some continuous range of payoff might appear. Trading with binary options is usually quick and simple, which makes this way of trading extremely interesting and quite suitable for beginners. Moreover – binary options trading results in comparatively speedy payouts, while the risk may be quite low. The fact that you either win, or don’t win anything means that trading with binary options can be considered as child’s play. However, do not underestimate the necessity of proper prediction, constant following of the latest news from the market and the analytical skills, because binary options trading still requires you to think and consider, rather than to gamble.
Best Binary Options Brokers
What are binary options brokers?
When it comes to best binary options trading sites, looking at the essence of what the binary options brokers actually provide is a must. Like all things in life, one always needs to research a topic before being able to compare apples with apples. In brief, binary options brokers are ordinary brokerages which either solely provide features for binary options trading, or include different ways of trading – including binaries. However, it would also be accurate to say that when it comes to the best binary options trading sites, they are usually entirely geared to binaries without dealing with other markets (e.g. Forex) at all. You should be aware that binary options brokers are also brokerage firms that are in most cases operated and owned by large financial services providers or companies. Their size and reputation provides the feeling of assurance to their users and you would rightly expect these aspects to appeal to people looking to join binary options brokers. We strongly recommend that you follow our guide in order to give your trading experience the highest levels of security and safety.
How to select the best binary options brokers?
If you think that we will list for you a single binary options broker that is considered the best binary options site, don’t. The truth is that the large number of websites and the good trading environments that most of them offer makes it impossible to name one particular best binary trading site. Moreover – as you know different traders prefer different things. If you are a beginner in trading with binaries, features like user-friendly interface and reliability are the top things you are looking for, but others – more advanced traders – will probably try to look for good bonus systems or even intuitive platforms. But since we are here to help you in improving in trading with binaries and in finding the best binary trading sites, we cannot just pass you by without giving you some hints. What we are about to do is to show you how to select the best binary options brokers. Such a task won’t be difficult at all, if you follow our advice. To find out the most beneficial platforms for trading with binaries, make sure the binary options brokers you review or take under consideration have the following (or at least most of them) features:
They say reputation is everything, and when it comes to business with binary options trading sites the same thing applies. If a broker is mentioned by the critical institutions that are involved in the financial field, then it is probably worth checking. However, such formal recommendations aren’t the only sources for binary options brokers with a good reputation. Different forums, where the trading community gathers, can give you some directions in finding the best binary options brokers, too. Alternatively, some binary options trading sites have a section on their official page with feedback from their users. Last, but not least, there are many rating websites that exist to compare the different brokers, as well.
Until you actually start using them, you cannot be 100% sure that certain binary options brokers are reliable although, there are a few features that might lead you to the conclusion that these websites for trading with binaries are actually reliable. In most cases, reliability consists of two main things. First of all, it is mandatory for one of the best binary option brokers to be officially licensed by the national authority from the country it is based in. Second of all, a reliable broker for binary options trading is supposed to provide protection, not provide a scam. The protection covers both – personal data and financial transactions – and many of the binary options brokers today are even double protected. Such an example is any of the binary options brokers that are based in the European Union. In this example the platform is regulated by the national financial services regulation body and by the EU as an additional controlling body.
Functional customer support services
A website without customer support representatives becomes non-functional at all. And binary options brokers are not just websites, but platforms, where money is in constant use. This means that the customer support services are mandatory and the best binary options brokers offer them 24/7 and in multiple languages. Most of the websites these days cover the entire day, however, as to the availability of different languages, it is generally provided by the brokerage firms that operate among the entire international market by covering larger and more diverse audience. The ability to reach the customer support representatives via several communication methods – for example, phone calls, emails, fax, live chat and etc – additionally provides you confidence while being in the trading arena.
Best Binary Options Brokers 2020:
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The platform is a thing that makes ordinary binary options brokers either one of the best binary options trading sites or one of the completely bad sites that will not bring you anything, but nerves and a bad mood. Make sure that the software a broker uses is easy enough to learn, so that you will not lose any time studying how it works. The intuitive feature is also very important, because once you become more advanced, good organization of your binary options trading activity will be considered as a plus for you. And last, but not least, the best binary options brokers provide platforms with various features and useful conveniences. We cannot list all of them, but the more they are the better and the easier it will become for you trade.
Attractive bonus system
There`s an unwritten rule among the trading audience, and according to this all of the best binary options sites have the most attractive bonus types. It is logical that good bonuses are really great, but this concept is definitely not something that many of the most advanced traders will agree with. Wondering why? Well, the answer is actually simple. The thing is that many newly established or not so popular yet (and scams, too) binary options brokers usually need a strategy to attract more customers. The beneficial and intriguing bonus system appears to be a great tool to get a traders attention by any means. However, not all of these binary options brokers are as reliable and good as their bonus system is. So what we are trying to tell you is that in case you come upon unbelievably huge bonuses offered by a binary options broker, don’t fall for the trap to immediately sign up for it. There`s no guarantee that the rest of the broker features are ok. Still, binary options brokers bonuses remain one of our favourite parts of trading.
Speaking of bonuses and their correlation to the rest of the features of the best binary options trading sites, it’s important to mention some conveniences that you should look for too. Features like an education centre for beginners in trading with binaries, as well as extras like personal account managers or possibilities to trade with dozens of assets are also quite important. And if they appear on the website you are a member of, then be assured that you are a customer at one of the best binary options brokers.
Where to find the best binary options broker?
Our ultimate guide for the best binary options trading sites continues with some practical ideas and tips you can use in order to find the best binary options trading sites. Review them to see if they could help you for your research.
Become aware of what you are looking for – Different traders look for different things in a broker for binary options trading. For example, if you are a beginner, then you might prefer a simpler platform with an intuitive interface and maybe, a good education centre to help conduct your strategy with expert tips for advancing in binary options trading. Though, on the other side, if you search for certain binary options – one touch binary options, 60 second options etc – then, your research filter changes.
Undertake your own research – Start your own research for the best binary options brokers. It`s not hard or tough and usually it does not even take too much time. Since you already know what you are looking for – the best binary options trading sites with particular option types and features – use them as keywords and insert them in your browser search engine. The results provided will definitely have some of the best binary options brokers!
Recommendations are always preferable – Having recommendations for the best binary options brokers is also a useful alternative you can take advantage of. You can be recommended by a friend of yours, who has been on the binary options trading market for longer and who can be aware of the most suitable website for a beginner. This recommendation will come with the advantages of a particular platform, saving you some research.
Read our helpful reviews – Binary options brokers reviews are many and you can come upon them in forums for trading communities and for informative websites – like ours. Feel free to read our helpful reviews that will point you the pros of each reviewed website (at the end of the article review). Considering these pros, you can determine if you have finally discovered the best binary options trading sites.
Test a few binary options brokers – And finally, there`s one more alternative for you to find the most reliable and promising binary options brokers. Even though a little bit risky, you should try this method, too, because after all getting used to taking risk is a part of your trading job, as well. What we recommend you do is test several binary options platform. Make a list of your favorites that might be the next best binary options brokers. Begin with the first titles and see if you can find the most profitable among them. Attention – avoid investing a lot of money until you can make sure that the binary options broker is really your type of platform.
How to compare the best binary options brokers?
Last, but not least, when you are done with your list of the best binary options trading sites, you will need to compare them. Being a member of too many websites for trading at once is not a very good idea – especially if you are a beginner – so it’s better to continue filtering your list of top binary trading favorites. Consider the next features as the keys for your comparison process of the desired brokers you want to visit and become a member of:
Minimum deposit amount – This is the minimum amount of money you are obliged to invest in order to start trading on a certain binary options trading site. If it is too high for you, keep searching for another, more budget-friendly option!
Assets – The more assets a broker offers the better and the bigger its chance to be one of the best binary options brokers. The standard amount of assets is usually above 30, so try to avoid platforms that have only 10-15 assets only, because they will limit your activity.
Acceptance of particular traders – Some brokers have the policy not to accept certain traders according to their current residences. In most cases these users are either USA, or Canadian-based citizens. However, this is only the general rule and there are many other countries that might be excluded from the list of customer types in binary options brokers. Always read this information before considering making a registration on a trading platform.
Maximum trading amount – Remember, you are still a beginner and your first investments – both, the deposit and trade amounts – will probably not be high enough to reach this limit. However, consider the future – your future growth is a sign of smart trading. Who knows, maybe you will become skilful in trading with binaries very soon!
Don’t hesitate to use our useful tips to discover the best binary trading brokers. We wish you the best of luck.
Best Binary Options Brokers 2020
Over the last several years, the number of binary options brokers has changed a lot. Binary Options so a boom in 2020 – 2020 and almost vanished in 2020. Many binary brokers have lost market shares as several large jurisdictions such as EU and Canada have banned retail traders from the binary trading instrument. There are still some brokers out there that are behind the times on our blacklisted brokers list, and these should definitely be avoided. It’s a far better use of your time to pick one of the top binary options brokers in the market.
Binary Options Brokers List
It’s important that you are aware of where binary options, brokers, and the state of trading in general are right now, and that you have a good idea where things will be going in the near future.
One of the biggest features that has changed over the years, are the number of binary options robots and mobile trading applications that are available. Let’s take a quick look at these things so that you can help position yourself to get the best results possible over the coming months.
HOW TO: Find the Top Binary Options Brokers?
You want to choose a top binary options broker. This is the best way to help yourself succeed. Even a great trader can lose money if they don’t have a great site and top platform on their side.
That extra couple of percentage points when it comes to rates of return, the increased freedom in asset choice, and the specialised exotic options all contribute toward giving you a better chance of making money.
If you trade $100,000 per year, and can increase your profit rate by 2 percent, you’ve suddenly made an extra $2,000 per year*–just by picking a better site.
6 Things to Look for When Choosing the Best Binary Option Brokers
If you’re looking for a new binary options broker, you probably have questions about which one is the best. This is a valid question. Having the best broker on your side drastically reduces the amount of risk that you will have, and it ensures that your money is doing what you intend it to do.
A good broker won’t necessarily make you a profitable trader, but it will go a long way toward ensuring that you aren’t losing money needlessly. All traders have different needs, so it’s important that when you are looking for a new broker, you don’t just choose the one that everyone else says is great. You really need to look at your individual situation.
Each person will have different needs when it comes to a broker. Before you begin your search, decide what you want to trade, the timeframes over which you’ll trade it, and your basic amounts. Before deciding the amounts you should take a look at our articles series covering the binary options basics.
Next, find a place that caters to traders in your area, meets all of your requirements, and has high rates of return. This will give you a basic framework for starting your search. Avoid sites that are gimmicky or have unfavourable conditions for their traders. These might not be outright scams, but they are certainly not there to help you make money. There’s a difference between running their business and swindling you out of your cash. Make sure you read about our blacklisted brokers.
With that said, here is our list of the top things that you should look for when choosing the best binary options broker for you.
Is the broker that you are looking at legally allowed to operate where you live? Because of the internet, you can access websites from all around the world, but that doesn’t mean that you can just choose to work with any broker you want.
Before you decide which broker is best, make sure that they are allowed to accept traders from your country, and that your country or region of residence allows you to trade at their site.
For example, traders in the United States cannot legally use a broker regulated by the Cyprus Securities and Exchange Commission (CySEC), but need to stick with NADEX since they are regulated within the U.S.
24option is one the few brokers that has constantly stayed ahead of regulations to avoid fines and to keep their integrity intact. You can read more about them in our 24option review. 24option was originally operating in US, Canada and EU but was quick to stop this when advised to do so. Other binary brokers that launched at a later date took a different approach. In our OlympTrade review you will notice they never accepted customers in USA or EU simply because they didn’t believe it was worth the risk nor beneficial to obtain the licenses required in these jurisdictions.
Some brokers have better reputations than others. You don’t want to deposit money with a broker that has a reputation for poor quality financial transactions, for example.
Even if you never experience a problem on this front, working with a broker that drags its feet when it comes to processing withdrawal requests is a dangerous thing to do. Also, not all brokers uphold the high standards that you deserve from your binary broker.
You want a broker that is fully regulated by a high-quality regulatory body. For example, the Australia Securities and Investment Commission (ASIC) in Australia, CySEC in Europe, the Financial Sector Conduct Authority (FSCA) in South Africa or the Commodity Futures Trading Commission (CFTC) in the United States are all considered to be the best regulatory bodies in their respective regions.
An unregulated broker might have pure intentions, but there is a much higher risk to your cash when you work with one.
3: Ease of Use
The broker that you decide to use should be easy to navigate. They should have a platform that you can use with ease and not make careless mistakes.
If you can, you should definitely try out the free demo account that your binary options broker offers. If you’ve never used a site before, there’s a chance that user error might come into play, and you could make a mistake. Testing out the site in a risk free setting with a no risk demo account using fake money alleviates the chances of this happening.
Also, all transactions with the site should fit your needs. We hinted at the need for smooth financial transactions earlier, but this is a must. Your broker should make it easy to put money in and get money out of your trading account.
The broker does need to follow the law when it comes to financial transactions, and you should not expect them to bend the rules for you, so knowing the regulations and what you need to do on your end to make transactions smoother will be an easy way to make this experience even more pleasant.
Some brokers return more than others. Even the difference of a few percentage points here or there can make a big difference over the course of time.
Let’s say Broker A offers 78 percent on the asset you like to trade most, while Broker B offers 80 percent. With all other things being equal, choosing the larger number can mean thousands of extra dollars in profits.
If you risk $50 per trade and make 1,000 trades in a year (less than 3 per day), you are potentially gaining $1,000 extra in profits over the course of time by going with the better return. Most traders make many more trades than this per year.
5: Educational Material
When your broker offers you free resources to help you become a better trader, you know that they are more likely to be on your side. These come in a lot of different forms: free eBooks, webinars, strategy videos, economic calendars, blogs, and news feeds are some of the more popular resources.
All of these things are available for free around the web, but having a broker supply them for you can make your life a lot easier so that you don’t need to search around and find the tools you need to improve.
Lucky for you, Binary Options University was created for this exact purpose. The website has one of the best binary options education sections you will find, full of all the guides to touch no touch binary options like you will need to become a successful trader.
Some brokers offer you a bonus when you make your first deposit. Although this can be helpful, it’s really the last thing that you should consider when choosing your broker. But why? Isn’t free money a good thing?
Yes, free money is nice, but that’s not quite what a bonus is. In fact, brokers want you to think of a bonus as free money to you because it is good business for them if you do so. Why wouldn’t you want an extra $500? However, because most bonuses are so hard to unlock, most traders never actually get to see their bonus cash.
Brokers require you to trade at least 30 times the bonus amount if you want to see your bonus returned to you. So, if you received a $500 bonus, you would need to trade $15,000 worth of trades before you could unlock your bonus. Some brokers even put a time requirement on this, after which the bonus cash disappears. A new trader without experience is very unlikely to receive this bonus because they will lose their money long before they ever reach that threshold.
A bonus can be nice, but make sure that it is not a priority when choosing your broker. Otherwise, you are just falling for a marketing gimmick. Be sure to check each of the steps listed above before you think about getting a bonus. We generally don’t suggest trading with bonuses and instead you should take advantage of our free online binary option trading course.
HOW TO: Be a Better Binary Options Trader?
Start with the tools you have readily available. Some places have signals services, some have demo trading, and the vast majority of them have educational resources. Some even have trading advisors and managers to help you get your trading to the next level.
If you’re offered bonuses and the terms are favourable, take advantage of them when you can. Getting a little extra help, either by increasing your knowledge, getting extra money, or just having a better rate of return will all help you keep increasing the size of your account.
There’s no quick and lasting way to get rich doing this, but small steps consistently taken in the right direction will eventually get you the results you want.
It is always important to note here though, that all trading comes with some degree of risk and in reality, no guarantees of profit can be made. You can also become a more likely winning trader if you apply binary trading strategies instead of randomly pushing buttons. You will need to learn some basics expressions such as the meaning of itm and otm.
Below, we’ve listed 3 of the most highly respected brokers and outlined their advantages, disadvantages and who they will benefit the most.
Best Binary Options Brokers with Low Minimum Deposit
IQ Option is considered one of the best binary options, forex and crypto brokers out there right now. They are a regulated, award-winning company with a variety of exciting features to offer clients.
If you want to create an account with IQ Option, you can do so with as little as $10 or even open a free IQ Option demo account. Their minimum trade amount is just $1, but if you want, you can fund your account with more and trade in larger increments.
They offer over 500 different assets in options, stocks, forex, crypto, indices, commodities and ETFs and a variety of different ways to trade them.
Be sure to get a strong feel of the IQ Option platform to help avoid potential trading mistakes. This makes sense whether you use the binary options demo or not. If you have any questions, you can always contact their customer service department that’s available 24/7. As you grow as a trader you will realize how well the platform performs and understand why IQ Option is considered the best binary options broker. Also, by learning all the right ways to deposit and withdrawal money will help when it comes down to it. Getting all the important documents to them early will help make it a lot easier when it comes to taking money out.
IQ Option does not accept traders from the United States, Canada, Australia or Japan.
They are regulated by one of Europe’s largest regulatory financial bodies, the Cyprus Securities and Exchange Commission (CySEC). If you are located in or outside the EU, you should have no problems creating an account with this broker if that’s what you determine is best for your style of trade.
For more details read our full IQoption review.
NADEX: The Perfect Choice for US Traders
NADEX is one of the only CFTC regulated exchanges offering binary options. This broker is based out of Chicago, Illinois, and they are one of the standard bearers in the world of binary options trading. Founded in 2004, and then rebranded in 2009 under their current name, NADEX is the go-to choice for binary traders based in the U.S.
In order to fund your NADEX account, you will need to make a minimum deposit of at least $250. You can use a debit card, bank transfer, paper check, or wire transfer to make your deposit. Depending on the trade you want to make and the profit levels that you are looking for, you can make trades for as little as $1 in some instances. Withdrawals are processed in the same way, except they do not currently allow debit card withdrawals.
NADEX offers free and unlimited use of their demo account. Most brokers limit the time that you are allowed to demo trade to about 3 days, but NADEX has a much stronger focus on the success of their traders. They want traders to succeed because when their traders succeed, they are also successful.
Are you interested in mobile trading? Read our NADEX Review. They offer for both iPhones and Android devices. This is beneficial to some traders, but not to all.
If you want to be a successful binary options trader, you need to be able to have a strong ability to discern good decisions from bad ones, and oftentimes, the ability to make more trades isn’t necessarily a good thing. NADEX offers their clients tools geared toward helping them make money, but you will need to make your own decisions about what is best for you and address the risk that is associated with trading on your own.
Binary.com: The Top Binary Options Broker
Binary.com is the best binary options broker in the market with a minimum deposit of only $5. This is the lowest minimum deposit we could find on one of our most recommended trading companies.
Besides binary options trading, Binary.com also offers over 100 different tradable assets in forex, crypto, CFDs, Metals and look-backs. The company also offers a free demo account where you can practice trading before investing any real money.
Binary.com is a regulated and award-winning company that we would fully recommend to all traders. Keep in mind that binary options are prohibited in the EU, so you will not be able to trade binary options with Binary.com if you are in the European Economic Area.
Binary.com does not accept U.S traders.
The binary options broker offers a variety of platforms you can trade in for both PC/laptop and mobile devices, including the infamous MetaTrader 5 (MT5). You can trade regular binary options allowing you to short the market in case you are looking for higher risk trading or day trade in a bear market.
For more details read our full Binary.com review.
HOW TO: Find the top 5 binary options brokers?
Answer: Take a look at our binary options broker list! The top 5 brokers have partnered with us and we recommend trading with to avoid trading with brokers known for cheating their clients and delaying payouts. You can read more here about binary options payout.
Each person will have different needs when it comes to a broker. Before you begin your search, decide what you want to trade, the timeframes over which you’ll trade it, and your basic amounts. Next, find a place that caters to traders in your area, meets all of your requirements, and has high rates of return. This will give you a basic framework for starting your search. Avoid sites that are gimmicky or have unfavourable conditions for their traders. These might not be outright scams, but they are certainly not there to help you make money. There’s a difference between running their business and swindling you out of your cash. Make sure you read about the blacklisted brokers.
Best Binary Options Brokers for Beginners
IQOption is one of the newer binary options brokers out there right now, but they have a lot of different features to offer clients. If you’re trying to find a new broker, or just curious about what IQoption has to offer, this brief overview is for you.
If you want to create an account with IQ Option, you can do so with as little as $10 or even open an IQ demo account. Their minimum trade amount is just $1, but if you want, you can fund your account with more and trade in larger increments. They offer more than 75 different assets, and a variety of different ways to trade them. They have the traditional call and put options, ranging down to 60 seconds before expiry. Because this broker is located in Europe, they have a heavy focus on European stocks and indices, but they also have a handful of the major assets that are based out of other regions in the world.
Be sure to get a strong feel of the platform to help avoid potential trade mistakes. This only makes sense whether you use the demo or not. If you have any questions, you can always contact their customer service department. As you grow as a trader you will realize how well the platform performs.
Also, by learning all the right ways to deposit and withdrawal money will help when it comes down to it. Getting all the important documents to them early will help make it a lot easier when it comes to taking money out.
IQoption does not accept traders from the United States, Canada, or Japan. They are regulated by one of Europe’s largest regulatory financial bodies. If you are located in the EU, you should have no problems creating an account with this broker if that’s what you determine is best for your style of trade. However, outside of Europe, IQoption is not considered a regulated broker.
Nadex is the perfect choice for US traders
Nadex is one of the only CFTC regulated exchanges offering binary options. This broker is based out of Chicago, Illinois, and they are one of the standard bearers in the world of binary options trading. Founded in 2004, and then rebranded in 2009 under their current name, Nadex is the go-to choice for binary traders based in the U.S.
In order to fund your Nadex account, you will need to make a minimum deposit of at least $250. You can use a debit card, bank transfer, paper check, or wire transfer to make your deposit. Depending on the trade you want to make and the profit levels that you are looking for, you can make trades for as little as $1 in some instances. Withdrawals are processed in the same way, except they do not currently allow debit card withdrawals.
Nadex offers free and unlimited use of their demo account. Most brokers limit the time that you are allowed to demo trade to about 3 days, but Nadex has a much stronger focus on the success of their traders. They want traders to succeed because when their traders succeed, they are also successful.
Are you interested in mobile trading? Read our Nadex Review. They offer for both iPhones and Android devices. This is beneficial to some traders, but not to all. If you want to be a successful binary options trader, you need to be able to have a strong ability to discern good decisions from bad ones, and oftentimes, the ability to make more trades isn’t necessarily a good thing. Nadex offers their clients tools geared toward helping them to make money, but you will need to make your own decisions about what is best for you and address the risk that is associated with trading on your own.
Although we have our top sites listed above we still have so many other brokers to choose from. Listed below are some other regulated brokers you can use. Some providers work with only certain customers. We will try to give you the leading countries for each broker based on the reviews we gathered.
A lot of people get really confused when it comes to binary trading. We are trying our best to help your transition a lot easier. Always remember the risks you put your money in when participating in this type of investing.
What are Binary Options?
The shortest Binary Options definition is betting that are made on financial assets with an expiration time. The bet is to wager on the fall or rise in the price of a product / financial asset.
Contrary to other markets, like Stocks, we do not buy an asset, but we only bet on the price value of the asset we are trading.
This way, we simply pick an asset, and from the entry price at the moment we chose 2 directions. Call if we think the price is going up, or Put if we think the price is going down.
Another important rule on the Binary Options is that this “bet” has an expiration time. So, we also need to choose and set up when it ends (by choosing an expiration time). This expiration time can be 1 minute, 5, 15, 1 hour, 1 day, etc.
It is a regulated market that exists since 2008 and has experienced large growth due to the ease with which it trades, low investments and profit potential.
In this post we have Binary Options explained from A to Z so if you are new in this market you can understand all about this trading product that is one of the fastest-growing products in the world.
binary options trading platform for mobile devices
Here’s how we here summarize Binary Options
Platforms Available on
Mobile, Tablet, Desktop
Up to 100% per single trade
Demo, Standard, VIP
Bank transfers, Credit cards, e-wallets, and Bitcoin
Bank transfers, Credit cards, e-wallets, and Bitcoin
from 30 seconds to 1 week
Binary Options Turbo and Standard
Type of Assets
Forex, Stocks, Indices, and Commodities
Free Demo Account
✅ Up to 100%
How do Binary Options work?
After we have the account open, and you have access to a trading platform, we need to choose the asset where we want to bet (Shares, Currencies, Indices, Gold, etc).
Once we have the asset to make the trade, we need to choose the direction (up or down). As we saw, we only need to guess if the price will increase or decrease during the expiration time we choose.
We place the value of our bet and how long the bet lasts (bets can go from 30 seconds in duration to 1 day or more).
Once the expiration time reaches its end, we will know if we won or lost.
On average, each winning represents 70% to 80% of our bet. This means that if we bet 10$ we will make 8$ in liquid profit.
binary options IQ Option app
How to trade Binary Options?
Chose an asset, ex: EURUSD.
Chose the value to bet, ex: 10$.
Chose the expiration time, ex: 1 minute.
Click the Call (price to go Up) or Put (price to go down).
Once the time is expired (1 minute on this example) you will win or lose.
Win if you chose the correct direction of the price.
Lose if the price went in a different direction of your bet.
Watch the video below that explains what are Binary Options
Learn how to make money with our Binary Options Online Training:
In any job or activity, your first step is to learn.
Binary Options are not related to luck.
It is not a Casino or Gambling.
In order to be able to make profits, the only solution is to learn how to recognize the market, learn to use the platform and the charts, learn what are the best strategies, learn how to behave like a trader.
To know what rules to follow, to get disciplined.
What is the best Broker?
In this Site, we analyze the best Binary Options Brokers and Online Trading Platforms for trading and got a table with the ranking.
From our personal experience, the best Broker is IQ Option.
IQ Option was created in 2020 and it has become in just a couple of years the platform with more clients worldwide.
Binary Options for Beginners
If you are a beginner in Binary Options, then you are in the right place to start.
We offer several tools for all the Beginners in Binary Options:
1 — Online Training with a simple Binary Options Course that will give you all the important knowledge to become a profitable trader.
2 — Signals up to 1 year for free.
3 — Free support (Skype, WhatsApp, Email).
And the most important is that you can get all those professional tools for free.
Just become our referral and you will get all that 100% free.
How can I become a successful binary options trader?
Choose the proper Broker to open a binary options account: above I recommended the worlds leading brokers.
Open a Demo account and test.
Get proper training.
Test several strategies.
Work your emotional control and discipline to know how to behave on the market.
Deposit on your account and start trading in real mode.
Don’t be greedy. Think about earning not in getting rich.
Trade as a trader, not addicted.
Always follow your rules and stick with the discipline and don’t lose your emotional control in losing days.
Make goals daily and monthly that are achievable.
Binary Options Training Classes
Are Binary Options Safe?
To trade safely, you should always choose a regulated broker that good reviews on the binary options industry. If the broker is recommended by traders and review sites, then it is safe to say that the broker is legitimate.
Binary Options is a regulated investment product and has existed for more than 10 years.
However, being trustworthy does not mean that there are no people and brokers who use this market to make money illicitly.
You should be aware of who you trust and who promises quick and easy profits.
Binary Options are a highly expanding investment instrument, where you do not invest in the purchase of assets per se, such as the purchase of Shares in the Stock Exchange.
The process consists of placing bets on the value that a certain asset can reach in a certain period of time, which can be short (60 seconds, 15 minutes, 1 hour, etc.) or long (1 day, 1 week, 1 month, etc).
Binary options consist of betting on the PUT, or on the CALL of a price.
If you do, you’ll be able to profit on average from 70% to 85% of the value of your operation. The Binary Options are an instrument regulated since 2020, having appeared in 2008.
They are a form of recent investment, although they already have many users, because of the potential of gains and the ease in negotiating.
Are Binary Options Legal in South Africa?
According to the official website of South Africa GOVERNMENT people from South Africa can trade Binary Options.
You can take a look at the official document HERE.
Can you really make money with binary options?
The answer is that yes, you can make money online with binary options trading.
However, you need to search for a regulated binary options broker and learn how to trade binary options trading and choose the best trading strategies.
You can’t just pick a random broker or strategy and rely on luck to get consistent profits.
Binary Options — The Simplicity As Advantage:
The whole process for those starting in Binary Options is extremely simple, which also explains the success Binary Options have had.
The trading of this financial instrument is done through Brokers that make their online platforms available and where we do the negotiations.
We can either negotiate manually or use signal systems or automatic trading systems called Robots.
For those who want to negotiate autonomously and manually, you only have to learn to use one or more trading strategies.
The simple way to succeed is to have training. For this you can opt for the Binary Options Courses developed especially for Beginners.
Get instant access to Binary Options anytime and anywhere
Main types of binary options:
Cash or Nothing
Assets or Nothing
Check below each type of Binary Options
Cash-or-nothing: It’s the simplest and most used. It consists of betting on the increase or decrease in the value of the asset.
Here it does not matter what the final value is, but only if it is above or below the value at the time of placing the bet.
If you get it right, you will win an average of 70% to 85%. In case you fail, you lose 100% of what you bet.
If you can find a strategy that allows you to get more than 60% of certain bets, you will make a profit.
Assets-or-nothing: Unlike the previous option, the payment here is determined by the price of the asset itself.
It is a good option but it implies a better understanding of the financial markets or at least being inside asset prices and the latest fluctuations.
One-touch: This option ends when the asset reaches a certain value.
Here one of the difficulties is that the price reaches this value within the period of time that the operation lasts.
No-touch: Here the opposite is intended.
It is to avoid that the price reaches the limit value within the time that the operation lasts.
Download several useful files totally free here: FREE MATERIAL
60 Seconds: Very fast operations. If there is a well-defined trend of a price, this option allows you to close the transaction quickly before there is a price reversal.
It is also very popular, especially among those who already have some experience.
With the development of binary options, new formats or variations of existing formats have appeared.
Each Broker tries to offer something different, so it is normal to find variations to these formats.
What are the Best Binary Options Strategies?
You need to understand that there are no strategy that works all the time or is 100% accurate.
Every strategy works well in some days or in some market conditions, but in other days or market conditions, it simply does not work at all.
For that reason, you need to know several different strategies and use the best one in each market condition and moments.
In this site, we explain the most used and known Binary Options Strategies.
Steps to begin trading Options Instruments:
Choose a Broker
Recognize trends and graphs
Know how to invest
Learn when to stop
1 — First steps and registering with a Broker
Start by reading the articles on the first steps in Binary Options.
Then you must open an account with a Binary Options broker.
There are lots of binary options brokers, although not all have regulation, support in your preferred language, or reliable platforms.
The ideal is to choose a broker that is regulated by a credible entity.
Each Broker has its own platform to trade.
All the main brokers offer both a Binary Options Platform as a Binary Options App.
This means you can trade-in any device, Desktop or Mobile.
2 — Take a Course and Choose the trading strategy
In addition to the strategies that are the tools that help us to know how to put the trades and know where the price goes, it is important to have more knowledge.
This knowledge must be acquired with a complete Binary Options Course.
The courses teach the rules of trading but also the rules about having the discipline and emotional control (when dealing with money and betting, discipline is fundamental) as well as a set of strategies to manage profitably.
Binary Options education are important to give you the proper knowledge to become a successful trader. We can guide you with our online training, as we have made with many students so far.
Remember that there is no strategy that is infallible, as none is bad.
There are days when certain strategies simply do not work. Others work best at certain times or times of the day.
Others work well with certain assets and not so well with others.
The ideal is to test more than once and try to specialize in which you feel better.
Even because each person has its own characteristics and can better adapt to a form of negotiation that is present in one strategy and not in another.
On this site, you will find some different Binary Options strategies.
Although many people worry about finding the perfect or the best binary options strategy, the truth is that there is no such thing and also equipped only with a strategy we do not make any money.
It is fundamental to have other knowledge, either the rules of trading, or how to work in a disciplined way, or how to control emotions.
Only by achieving all this is that the strategy will work. Therefore it is fundamental to combine good strategies and the knowledge of everything else that includes trading, negotiations.
TAKE A LOOK TO THIS STRATEGY
Many people fail because they focus solely on strategies.
They try dozens and never make money. The advice is to get everything, strategies + emotional control + discipline + trading rules.
Take a course that offers all of this. Besides our training, we also have a simple Binary Options Guide to help you with the initial steps. Go to our free material page to download the Binary Options Guide.
You can choose to use a signal-sending provider, and let them be professionals to send you trading proposals.
It is a very popular form nowadays since there are companies that are dedicated to sending these signals with very interesting results.
On this page, you will find some free material, such a Binary Options Guide, a Binary Options PDF, a Binary Options Book PDF (trading in general), and more.
3 — Recognize trends and use the resources
For those who want to use Strategies based on the technical aspects, it is important to recognize the trends.
Recognizing a pattern in a chart is straightforward, but you have to pay attention to the type of chart being watched.
You can also use the chart by choosing the type of asset you want to track, how long you want to track, as well as adding some indicators that are important in order to use some strategies that work from technical indicators such as those found in the same graph.
Also important is tracking economic news that causes changes in assets. You should also use an economic calendar for this effect.
binary options market trends
4 — Investing the right amount
It is important to know how to manage your funds. To learn the concepts, please read the article on Risk Management .
It is essential to understand how much to invest. The understanding of this rule can save your account.
5 — Know when to stop
There are days that the market does not have a defined trend so that assets are constantly up and down without taking a specific direction.
If you have losses on 3 consecutive orders, stop trading. Come back the next day.
Sometimes, in an attempt to recover losses we experience an emotional meltdown and enter a downward spiral of loss after loss and when we notice we have already lost 50% of our funds.
The rule to stop when we see that things are not going well is very important. Be aware of it and always respect it.
Lastly, be sure to visit the bonuses and promotions section. I f you are just starting we have several promotions, some are exclusive to our Blog.
Carefully read the articles I write and follow the Binary Options Blog because I’m constantly updating our information and writing new articles.
If you have any questions do not hesitate to comment on articles or contact me through the contact page.
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Together with Forex, Binary Options is the fast-growing investment product. Together, they have many things in common, but some differences that made this kind of investment ideal to newbies.
Binary Options or Forex, What is the best?
Even both these financial markets and instruments have several similarities if you are a beginner one of them is easier to learn and to trade.
Learn about the advantages and disadvantages of each one to choose the best trading instrument for your case.
Read our post about the comparison between Binary Options and Forex.
Binary Options Robots
A Robot is a software that trades in your place. It is a software that does all the work of a trader.
The Binary Options auto trading (another name for robots) searches for good trading opportunities and places the trade.
Basically, it makes all the job that you would do.
In the past many Brokers used Robots, but today there are few that still offer those programs.
Those robots are not only software but also human trader where you can just copy their trades.
This system known as binary options copy trading is more used in the Forex market, but you can find some also in the BO market.
On this page, you can find more info on Binary Options Robots.
Binary Options Robots
Binary Options Signals
As I mentioned before, we offer Binary Signals.
You can try them for a small price or become our referral and you can access Binary Options Free Signals up to one year.
Signals are similar to Robots, but the act of placing the order is performed by you, by the trader.
That is why Signals are allowed by all binary options brokers, and robots are not.
Since with the signals, no one has access to your account, but you, and some regulated Brokers, its regulation does not allow a 3rd part to access the client’s personal account.
To know more about Binary Options Signals you can read this: Binary Options Signals.
Binary Signals for all Brokers including IQ Option and Olymp Trade
Advantages of trading Binary Options:
Since it is a simple bet if the price asset goes up or down, it is easier than other markets like stocks or forex.
For beginners, it is the easiest investment instrument to start with, since it is easy to understand and more simple to learn.
Since it offers an expiration time to end the trade, you know exactly when you will have the result.
It offers expiration times from 30 seconds, so you do not need to wait long until you get the result of your investment.
You can start with just 10$.
You can trade with just 1$.
The platforms are really good and very user-friendly.
You can trade on your desktop, mobile or tablet.
It is a regulated product.
Your deposit will enter on your account in seconds and your withdrawal in hours.
Here’s How we summarize the 10 reasons to trade Binary Options:
This instrument first started in the USA, and even with different rules, we can know more about how this market works on the USA.
Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. That’s why they’re called binary options—because there is no other settlement possible. The premise behind a binary option is a simple yes or no proposition — in Investopedia.
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