Binary options info brokers comparison

Binary Options Brokers Comparison. What Are Binary Options? Binary options are a fairly new trend which is quickly gaining popularity, especially among novice traders. The reason for this is the simplicity of binaries – this unique trading tool is simpler and much easier to predict. Of course, trading with binary options doesn’t necessarily mean easy money, but beginners will certainly appreciate the idea behind trading binaries. In short, binary options are an interesting trading product which provides the trader with much more detailed information regarding the potential losses and gains. Binary options are often referred to as all-or-nothing options, because this is exactly what they are – you either get your payout or lose the money you invested. The best thing is that you’ll know how much money you are going to win or lose before placing the trade, so traders can easily calculate the risk they are taking. In order to trade binary options, you have to predict whether the price of an asset will rise up or go down below a certain level. Another thing you should know about binary options is that they have specific expiration times that depend on the binary options broker you are using – some brokers offer daily, hourly or even 15-minute expiration terms. As it was mentioned earlier, the biggest advantage of binary options trading is that you have pre-determined potential losses and gains. Another good thing about binary options is that you don’t have to take so many things in consideration when making your trade and the reason for this is the simple prediction you have to make – vanilla options must be predicted carefully, and they are riskier, because the losses and gains are infinite while in the meantime, trading binary options gives you complete control over the amount of money you’ll win or lose. Let’s take a closer look at binary options trading and see some of the more specific things about this trading tool. When you place your trade, you can choose between two options – Call and Put. If you choose the Call option, then you expect that the asset’s price will rise before the expiration time, and if you pick the Put option, then you are predicting that when the contract expires, the price will be lower than it was when you placed the trades.

Keep in mind that unlike vanilla options, binary options can’t be resold before the expiration of the contract, so once you open the trade, you can’t go back. Binary options trading can be executed with the help of four main classes of assets – stocks , currencies , commodities and indices . Of course, each one of these classes consists of many assets and it is up to you to choose which one best suits your trading style. There are many online communities that discuss binary options trading, so you have access to tons of information regarding this trading tool. There are also many binary options trading strategies, tutorials and tips available online, so don’t hesitate to dig deeper and find the information that you need. In the next part of this post we’ll tell you how to trade binary options. How to Trade Binary Options? Before you start trading binary options, you need to find a binary options brokeroperator that suits your method, budget and requirements. Later in this post we’ll talk about different binary options brokers, their advantages and disadvantages, bonuses, extras, etc. so don’t worry about this topic – you’ll learn everything you need to know about binary options operators in just a few minutes. Let’s imagine you have already picked a binary options broker and created your trading account. From now on you have two choices: Invest real money and trade with them.

Trade with fake money until you get familiar with binary options trading and the trading platform that your broker uses. We strongly recommend opening a demo account and using it for several days or even weeks, before you switch to a regular account. The reason for this is that you need to get familiar with all the features and extras offered by the trading platform which you’ll be using from now on. Keep in mind that demo accounts are a great way to test different trading strategies and to learn about some of the important aspects of binary options trading. Trading binary options is much simpler than trading vanilla options, because you have two choices – you can either put your money on a Call option or on a Put option, depending on your prediction. As we mentioned earlier, putting your money on the Call option means that you think that the asset’s price will be higher when the contract expires. The Put option is the exact opposite – you think that the asset’s price will have gone down when the expiry time comes. The trading process varies depending on the platform used, but in most cases you’ll be able to place a trade with just a few clicks: See the “Return” that the broker offers Choose the length of the contract Pick a “Call” or “Put” option. If you complete these 4 simple steps, then you have already placed a trade and now you have to wait for the contract to expire. In the mean time you can follow the asset’s price and see if your prediction is on target. Of course, when you trade binary options you have access to the same graphs and tools that Forex traders use to make predictions.

However, as we mentioned earlier, your prediction doesn’t have to be so accurate – you just need to tell if the asset’s price will go up or down. In the meantime, Forex traders have to accurately predict the magnitude of the price’s movement and how long it will last. Now that you know more about the trading process, it’s time to learn how to choose the best binary options operator. How to Choose the Best Binary Options Operator? Thanks to the rapid development of internet technologies over the past two decades, we can now access thousands of things from the comfort of our own home. One of the best things about the Internet is that you can make money from it and what better way to make money than to trade binary options? In order to trade binary options, you’ll have to pick a broker that meets your needs and requirements, and in this part of our post we’ll familiarize traders with the most important characteristics of binary options brokers. Binary options operators are quite different from Forex trading operators, because of one main reason – they don’t need to be regulated. In fact, 95% of binary options brokers are unregulated, but this doesn’t mean that they aren’t trustworthy. You can find thousands of different operators, but just a small fraction of them will be regulated and in most cases these regulated brokers will be located in Cyprus and regulated by . Some of the most reputable and popular binary options are operators are unregulated, so don’t worry if the broker you’ve chosen isn’t regulated. Reviews and Ratings of Options Brokers. Unfortunately, you can’t check the financial condition of a binary options broker, but you must do a little bit of research in order to find out whether your broker has enough money in capitalization in order to keep itself in the business. In the past many people lost their money due to using the services of binary options brokers who had just $100,000 in their banks. These money are far from enough to support a binary options broker, so don’t forget to check the capitalization of the binary options operator you’ve chosen.

The next thing you need to keep in mind is the trading platform used. Different platforms come with different features, but nowadays almost all platforms have the extras that most traders use. For example, one of the most popular and widely used platforms is MetaTrader 5, and there is a very good chance that the broker you’ve chosen uses this trading platform. Some brokers may operate with more than one platform in order to provide their clients with the best trading experience. You should also check what your broker offers in terms of compatibility: Web based trading platform Non-web based trading platform Mobile trading. Mobile trading platforms are quickly gaining popularity and it is an undisputable fact that nowadays almost everyone uses a smartphone. Binary options brokers that support mobile trading are becoming more and more popular, so definitely check whether your broker offers this feature. Two of the most important things you should check are the payouts and assets that your binary options broker offers. In the ideal case, your broker will support all types of assets, but in some rare cases, brokers will only allow you to trade binary options by using just commodities or just currency pairs. We advise you to stay away from such brokers. The payouts that the broker offers are also important and in most cases they’ll vary between 60% and 70%. However, some binary options brokers offer payouts up to 85%, so with a little research you may find a good deal! Last, but not least – check the payment methods which your binary options operator supports. Usually, brokers allow you to deposit or withdraw money via a wide range of payment methods such as debitcredit card, bank transfer, PayPal, Skrill, etc. if you can only use a specific payment method, then make sure that the broker you’ve chosen supports it. Some brokers offer bonuses for your initial deposit, but you’ll be able to read more about these bonuses in the next chapter of our article.

Binary Options Bonuses. Bonuses weren’t so popular among traders and brokers until a couple of years ago when several binary options operators tried to attract more clients by offering special bonuses for their initial deposit. Since then, more and more brokers have adopted this approach and do their best to attract new clients by offering them special bonuses. Keep in mind that these bonuses may seem attractive, but you must always carefully read the terms & conditions related with them. The reason for this is that in many cases brokers will set special requirements which you must meet in order to withdraw the money you’ve won via your bonus, but we’ll talk about this later. As you probably already know, there is a minimum amount of money you can deposit in your trading account. This requirement is different for every broker, but in most cases you won’t be able to invest less than $150-$200. When it comes to trading binary options, there is also a minimum limit on the amount of money you can use to place a trade, so take a look at the requirements your broker has set. Trading bonuses are a great way to increase your bank balance, especially if you plan to invest a smaller amount of money. For example, a trader looking to start trading with just $500 will welcome the opportunity to increase his balance to $1,000 by taking advantage of the initial deposit bonus. Take a good look at the bonuses offered by your broker – some operators offer a 100% bonus to your initial deposit, but this bonus only applies for a certain amount of money. For example, some brokers will give you a bonus up to $2,000, so if you have already chosen a binary options operator, make sure you check the terms of the bonus they offer.

Keep in mind that there is a reason why these bonuses are called ‘trading bonuses’. You can’t withdraw the money you get via this bonus unless you use them to generate a certain amount of trading commissions. In most cases, brokers will require you to generate trading commission equivalent to the bonus in order to be able to withdraw it, but in some cases you may have to generate trading commissions greater than the bonus itself. In short, bonuses are a great way to boost the amount of money you have in your trading account. They are offered by just about every broker, so it is up to you to find a bonus offer that suits your requirements. Just remember to always check the amount of the bonus and the requirements you have to meet in order to withdraw the money you generate by using the bonus. Binary Options Payouts. This is the thing that every binary options trader wants to know – what determines the payout and how is it calculated. The answer is quite simple – every broker offers different payouts, but in most cases the payout for trading via the PutCall options will vary between 60-80%. As we mentioned earlier, one of the huge advantages of trading binary options is that you’ll know how much money you can make with the trade before putting your money on “Put” or “Call”. Calculating your profits is easy as long as you know the max payout that your broker offers. For example, let’s say that you are trading with an asset that offers a winning stake of 75% and you put $1,000 on a Call option.

You’re prediction turns out to be correct, and the trade closes in your favor, so how money will you receive? The answer is simple – $1,000 + (75% of $1,000). So the total payout for this trade will be $1,750. Keep in mind that different types of binary options will have a different payout ratio. As we mentioned earlier, the payout usually varies between 60% and 80%, but in some cases you may come across lower or higher rates. Keep in mind that if your broker offers a payout below 60%, then you might want to re-consider using their services, because you can easily find a better offer. On the other hand, if your broker offers payouts above 80%, you should take a look at the company’s reputation, because there are many fraud schemes that involve binary options operators offering high payouts. Some binary options brokers offer two types of payouts – you can either request a full payout or a smaller one that includes a refund in case your prediction goes the wrong way. For example, the regular payout of a certain broker may be 80%. However, the broker also offers a “Refund” option. In this case, if you win you’ll receive a payout of only 65%, but if you lose, you’ll get a 15% refund.

It is up to you decide whether you’ll risk all your money aiming for a bigger profit or if you’ll play it safe and save some of your investment in case your trade doesn’t go well. Some brokers offer the so called High Yield Options which can offer you a profit percentage of up to 500%, but keep in mind that trading via this option is more complex and riskier. High Yield binary options come with many restrictions which are put there in order to protect the binary options operator. This is why you should stay away from them unless you are very experienced and knowledgeable. Founded in 2013, Binary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. Financial Risk Disclosure. BinaryTribune. com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. This website uses cookies to provide you with the very best experience and to know you better. By visiting our website with your browser set to allow cookies, you consent to our use of cookies as described in our Privacy Policy.

© Copyright 2017 &mdash Binary Tribune. All Rights Reserved. Binary Brokers Reviews and Platforms List. We have compared the best regulated binary options brokers and platforms 2017 and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The sortable comparison list below shows which trading sites came out on top based on different criteria. You can sort the list using payout, minimum deposit, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best trading platform for you, as this will often come down to your personal requirements and needs. Top Brokers in Germany. How to Compare Brokers and Platforms. In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from Germany.

Here at binaryoptions. net we have provided a list with all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most frequently asked questions, and have noted that these are important factors when traders are comparing different brokers: What is the Minimum Deposit? Are they regulated and with what regulator? Where can I open a Demo Account? Is there a signals service, and is it free? Can I trade on my mobile phone and is there an app? Is there a Bonus available for new trader accounts? What are the Terms and. conditions ? Who has the best binary trading platform? Which broker has the best asset lists? Which broker has the largest range of expiry times (30, 60 second, end of day, long term?

How much is the minimum trade? What types of options are available? (Touch, Ladder, Boundary, Pairs etc) Additional Tools – Like Early closure, or Metatrader 4 (Mt4) plugin or integration. We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review. Regulated Binary Brokers. Regulation is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. Leading regulatory bodies include: – The Cyprus Securities and Exchange Commission (Cyprus and the EU) – Financial Conduct Authority (UK) CFTC – Commodity Futures Trading Commission (US) FSB – Financial Services Board (South Africa) There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.

Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner. Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade . Whatever the form of bonus, there are terms and conditions that need to be read. It is worth taking the time to understand those terms before signing up. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&Cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt out’ of taking a bonus. Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over trade’. If the bonus does not suit you, turn it down.

Binary options demo accounts are the best way to try both binary options trading, and specific brokers, without needing to risk any money. You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best. It is also possible that it is useful to have accounts at more than broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset. Demo accounts offer the best way to try out a brand, risk free. Low Minimum Deposits. If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders just looking to try binary options, a low minimum deposit broker might be best. A small initial deposit keeps risks low. Minimum deposits start at just $5 and there are a growing number of brokers offering low minimum deposits – “low” would be any minimum under $50. Likewise, all brokers will have a minimum trade requirement too. These can vary greatly. Minimum trade figures range from $1 to $25 – which is a large difference if a trader plans to trade frequently.

For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade. One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the asset being traded, and the expiry time of the option. In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout. So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often. Demo accounts are good when researching payouts on specific assets and trades. Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare.

In general, exchange traded options offer superior value. Nadex are one example of an exchange. So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade. Which is the Best Binary Trading Platform? Naming the best trading platform is not easy, simply because trading platforms are normally a question of personal taste. One user might like a simple layout, while others might need a lot of data on screen all the time. However, platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, brands which offer Contracts for Difference in addition to binary options, deliver a more feature-rich trading platform.

So the likes of Nadex and ETX Capital, will deliver a very professional trading platform. MetaTrader integration is also normally provided at the more professional brokers (Some use both mt4 and mt5 functionality) . This difference in quality is evidence of the maturity of binary options as a product, but binary brands will catch up very quickly. How do Brokers Make Money? Binary options brokers make money via one of two business models: As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘Over the counter’ (OTC) Via a spread or commission on an exchange traded model. People who have experience of other forms of trading, and are now approaching over-the-counter (OTC) brokers for the first time may find themselves asking the question: “ Where is the commission? ”. With OTC binaries however, there is no commission. In theory, the term ‘brokers’, is not correct. Binary firms are not arranging a deal or acting as a middleman What they are, is the counter-party to each of their customers’ positions. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection.

In certain circumstances, the broker will also hedge it’s own position to mitigate risk. Those companies (Nadex, for instance) that trade binary options via an exchange operate much more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman – matching buyers with sellers and charging a commission. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Who Regulates Binary Brokers? There are a number of regulatory bodies that monitor binary options: – The Cyprus Securities and Exchange Commission MGA – Malta Gaming Authority – Financial Conduct Authority CFTC – Commodity Futures Trading Commission. In Europe, regulation can be used to ‘passport’ around Europe. So a regulated firm can operate in the UK, Germany or Spain for example. There are however, moves for domestic regulators in each each country to take greater control of their own affairs. Around the globe, regulation is normally organised within the specific country, so CFTC in the US or the FSB (Financial Service Board) in South Africa for example.

This offers consumers the best level of protection. Regulators are now taking a much harder line on binary options firms that break financial rules or operate dishonest schemes. The landscape will change quickly over the coming months, and the industry will be treated in a similar fashion to other investments. Should You Use Multiple Brokers? There are some very good arguments for having more than one binary trading account: Brokers suit certain trades . Different brokers will suit different trading styles, or trade types. So one broker might be excellent for shorter term trade types, and have great payouts on forex pairs. But that same brand may be slightly less good when it comes to offering boundary trades or indices payouts. If a rival had a full set of long term expiries with great payouts, and lots of choice of boundary trades – it makes sense to have accounts with both, and place trades with the broker that offered the best deal for each trade. Demo accounts . Multiple demo accounts makes perfect sense – you want to try as many brokers and trading platforms as possible before deciding where to trade. Reduce risk . Accounts at more than one broker protects you from any issues with a particular firm.

From issues as serious as insolvency, to smaller things, like website downtime or a market being closed – multiple accounts reduces your risk of being affected by any hardship a broker might face. Multiple offers . Each sign up can mean a new bonus, so it might be worthwhile taking up more than one account to receive all the offers. As ever, read the terms – and also note that on occasion, larger deposits might mean larger bonuses – so splitting them may not be the best choice. Spread winnings . Some brokers may look for winning traders on their books, with a view to restricting their trading, perhaps limiting trade size – or worse. While this threat is thankfully small, multiple accounts means spreading the winnings out. Most brokers will search for “winners” based on total profit rather than strike rate, so hiding the volume across broker accounts can help you stay below their radar. Exchange versus OTC (Over the Counter) Brokers. A broker that offers an exchange is much closer to a traditional ‘broker’ than OTC brokers.

An exchange performs the job of ‘middleman’. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices – if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise. A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves (unless the traders are trading on credit). The broker will make their commission on the trade regardless of the outcome. Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time (to take a profit or reduce losses). The complications with exchanges, comes from the structure. An exchange traded binary option will “trade” somewhere between 0 and 100. Where 0 is the figure used where an event did not occur, and 100 where it did. If the current price is currently 30, a ‘buyer’ would risk 30 times his trade size, to potentially win 70. A ‘seller’ therefore, would risk 70 to win 30. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.

OTC (Over The Counter) Brokers. The most common type is the Over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits. Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking. It is therefore likely to be lower than an exchange traded broker. Some firms will also have built in ‘hedging’ mechanisms to reduce risk further. In some cases, one side of trade might be made unavailable if liabilities get too large. The simplicity of binary options is retained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values for options, allowing traders to close positions early, and set up stop losses. Once those features become common the gap between OTC and exchanges will get smaller.

For now, traders are better off trading on an exchange – but might be advised to learn the differences via demo account. If you are looking for brokers that support a specific payment method: All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers: Several financial assets spread across several markets Offers a reasonable bonus with a good payout approaching 90% Offers flexible expiration dates without boxing traders into very long expirations. Trading using a broker’s platform will only be enjoyable, and profitable, if you are using a reputable operator. You also need to choose one that suits your trading style best – only you will know what that is. Read the above binary broker reviews carefully before making that crucial trading decision, but remember you are not tied in to any single broker, and can pick and choose. The Top Binary Options Brokers Compared. Binary options brokers offer digital contracts that can purchased and used to speculate on the outcome of price movements on a wide range of different financial assets, including Stocks, Indices, Commodities and Forex. The binary brokers comparison table below contains a list of what we think are some of the best binary options brokers around. Each company included in our list has been traded on a real live account. This has allowed us to test the various features and support they offer. We only recommended recognized brokers that show a proven track record of performance. You can pick from our list and be confident that you have a good broker for the future. Step By Step Guide to Finding the Best Binary Option Broker. A key task for traders is to find a top binary options broker to trade with.

You need a broker that offers the facilities you need, top payouts and one that is trustworthy. When choosing a broker there are a number of points that you need to consider. Our step by step guide to choosing the best binary options brokers details the key points that you need to factor into your decision. Our comparison table lists what we feel are some of the top names in the industry. You will find links to more detailed reviews in the table above. Registration is entirely free and is a good way to find out more about each company. You will be able to take a look around the trading platform, check out any offers and see how the broker operates. You don’t have to make a deposit until you are ready. 1. Regulated Binary Options Brokers. Firstly let’s make a statement – it is imperative that you only ever trade with a regulated broker! Regulation provides a level of financial protection to both your trading activities and your capital.

It ensures brokers operate according to a set of standards set out by the regulator for dealing with trading clients. It also ensures that brokers financial activities are properly audited. Importantly your trading capital is put aside in a segregated account. This means that in the event that the broker suffers financial difficulties, your money can be returned to you. As additional protection traders are also likely covered by the regulators own compensation scheme. The result is that there should be little worry of not seeing your money again. Validating that a broker is regulated will help you to avoid many binary options broker scams. Some key regulators to look for include – If you are unsure of the regulatory status of a broker then be sure to check on the financial regulators website. Binary contacts are essentially a wager with the broker and do not require a direct investment in the underlying market. This allows brokers to offer a range of contracts on wide variety of assets. From a single account you will have the opportunity to trade key markets from four popular financial asset classes Indices, Forex, Commodities and Stocks. Popular assets found across broker platforms include the DOW JONES, S&P 500, Nikkei, FTSE, EURUSD, USDJPY and Gold. Global stocks are also well represented. Companies such as Google, Amazon, BMW, Nike, HSBC and Tata are just some of the big names that you can trade.

Brokers approach things differently when it comes to the account types they offer. Some prefer the ‘one account’ suits all approach and offer the same facilities and trading conditions to all their clients, regardless of the amount held on deposit. Alternatively, others offer different levels of account. These are most commonly defined by the minimum deposit requirement that is needed to open and trade on the account. Accounts often follow the below format: Standard – Low minimum deposit , bonus, free trading analysis Enhanced – Medium deposit required, bigger bonus, free trading analysis VIP – Higher deposit required, top bonus, high returns on contracts, access to personalised trading advice. The actual benefits and features of each account level will vary according to the broker and promotion. The key point to take away is that the higher the level of account you open, the more benefits you will receive. 4. Minimum Deposit Requirements. A low opening deposit is a great attraction when it comes to opening an account. Opening an account with a binary options broker could not be simpler and you don’t lead large amounts of money to do so. A typical deposit of $200 (or equivalent) is enough to get you up and running with most brokers. Some binary options brokers with low minimum deposit levels allow you to get started with even lowers amounts. In some cases $100 or even just $25. There is however a caveat to starting out with such small amounts. Having sufficient capital to trade will allow you to balance your strategies and properly balance your risk.

With this in mind, while low deposit brokers are a good way to get started, you should expect to deposit more funds as you get serious with your trading. Following on from the last point, if you don’t have a large amount of capital to get started with then seeking out a deposit bonus may prove a good choice. While bonuses can be somewhat contentious there is nothing particularly wrong with them provided you know how they work. Typically first deposit bonuses offered by brokers will give you a percentage bonus based on the sum deposited. So for example if you deposit $200 a 20% bonus will give you another $40 to trade with ($240 total account balance). The level of bonus that you will be awarded will depend upon both the broker and the promotion being run. Therefore it pays to check current offers if you are thinking of opening an account. Most bonuses payments stipulate that you will need to trade a certain number of ‘round trip’ of funds in your account before the bonus can be withdrawn. Often these limits are quite high (10 to 30+ times the value of the bonus) so you need to make sure you are happy with any attached conditions. As with any agreement you should be sure to read and accept the terms and conditions before signing up. The trading platform is your central tool for buying and selling contracts. It needs to work well and provide the features that you need for efficient and profitable trading.

While there are a huge amount of brokers to choose from, many make use of white labelled trading platforms from popular solutions providers such as SpotOption, Tech Financials and Tradologic. As a result of this extensive use of white labels you will often find a great deal of commonality among platforms. Even among different providers the range of contracts and assets that you can trade will be broadly similar. One area where brokers do differ is when it comes to mobile trading. Some offer dedicated trading apps apps designed specifically for iPhone or Android devices. These vary in quality so it is worth checking them out if you want to trade from a StartPhone or Table device. Demo accounts offer a great way to try out strategies without risking your funds. They are somewhat difficult to come by from most brokers however. With a demo account you simulate your trading and try out strategies without risking your trading capital Instead you make use of virtual capital which you can use to wager and monitor your trading performance. Most binary options brokers will only offer demo accounts to existing traders, rather than provide them to prospective clients.

They can still however prove very useful if you are disciplined enough to validate your trading strategies first before trading on your live account. Due to the fixed outcomes of binary options contracts, the return that you get on each contract is important. This higher the payout, the more you make. While the market place is competitive, you will find differences in the returns offered between brokers. For this reason it can pay dividends to have more than one account so that you can compare returns on contracts and take the one with the highest return. High returns also mean that you can profitable with a lower ‘strike rate’. This is important for fixed odds traders due to the fixed return outcome. It is useful to compare binary options brokers to find the best level of support. After all, you never know when you are going to need to contact on your broker to sort something out. Most brokers offer a wide range of support options, making it easy to get in contact with them if something goes wrong. Dedicated regional telephone numbers, email support and live chat are offered by most brokers so you can get in contact with someone when you need to. In addition to the support desk it makes sense to look for any materials that are offered to help you trade. Webinars, trading analysis and eBooks are provided by many brokers.

All of these can prove to be great resources, particularly for new traders who are looking to take their first steps. While we aim to keep the information in this table as up to date as possible, we will not be held responsible for errors or omissions. Both the level of service and trading conditions offered in this industry are constantly changing. Please ensure you check with you binary options broker for any specific services that you need prior to opening your account. This table is frequently updated to represent what we feel offers a selection of the best regulated Binary Options Brokers reviews of 2016. About. Trading on the financial markets with Binary Options has significant risk. You could end up losing all of your deposited capital. Before trading you should thoroughly familiarize yourself with and accept the risks involved. If you are unsure as to whether this form of trading meets with your objectives then please seek independent financial advice and refrain from acting on any information on this website. Please read our Risk Disclaimer for more information. Binary Options Brokers List and Platform Comparison 2017. Trusted and regulated UK binary options brokers provide traders with the opportunity to speculate on a range of underlying assets, via both web based trading platforms or mobile apps.

Brokers operate in a range of different ways, some develop bespoke platforms, others will use white label sites. Likewise, some are referred to as ‘over the counter’ (OTC) brokers, while others operate an exchange. Our vetted comparison table below allows you to quickly scan the key points for any recommended, reputable broker. Our detailed expert reviews cover in-depth analysis of the platform, deposit and withdrawal options, bonuses, demo accounts and even complaints for a specific firm – and give each a ranking rating. Finally, below the broker comparison table list, we explain how to compare online brokers – and why some elements might be more important to you than to someone else. You should therefore, have all the information you need right here, to make the best choice for you when it comes to finding a safe binary broker. UK Brokers – Comparison and Reviews. How to Find the Best Binary Broker. Identifying the best regulated binary options broker depends entirely on the needs of the specific investor. A ‘Top 5’ or even ‘Top 10’, might not contain a single brand that suits your style.

A trader needs to consider a range of things when selecting a genuine premier broker to join. This will include the asset classes, or market, they want to invest in and the size of their average investment, to name but two. Here at binaryoptions. co. uk we list all the useful facts that will help an individual to select which trading broker they would like to open an account and sign up with. We have also analysed our most frequently asked questions, and know that the following features are important when traders are deciding on a broker What is the Minimum Deposit ? What is the Minimum trade Minimum Investment ? Does the broker offer a Demo Account ? Is the broker offering a signals service ? Does the broker provide trading via a mobile app ? Is there a Bonus available for new trader accounts? ( Terms and conditions are equally important) Which is the best binary trading platform ? Who offers the best asset lists and markets ? Which broker has the largest range of expiry times ?

Who are the regulated binary options brokers ? What types of options are available? (Touch, Ladder, Range, Pairs etc) Software Integration (brands that use MT4 – MetaTrader 4 for example) Is a halal or Islamic account available? Does the broker offer easy withdrawals, early closure or flexible deposit and payment methods? There is also information on promos such as competitions or contest with cash prizes, or tech. Our broker reviews will be specific about which regulator is responsible for each broker. In the UK, the Financial Conduct Authority () regulate a number of brands already – not because they trade binary options – but because they also allow clients to trade Contracts for Difference or forex. Some binary options brokers have chosen to to register with the – but this is not the same as being regulated by them. It is a key point if UK traders in particular want the piece of mind that regulation gives. Regulation gives traders a better idea if a broker is genuine, and legitimate. In the US, the CFTC regulates the financial sector.

Only Nadex and CBOE are officially licensed to offer binary trading. Regulated brands in Europe will not offer services to US traders. is the main European regulator. They have recently clamped down on some of the brands under their jurisdiction – cleaning up a large part of the industry in the process. regulated brokers are permitted to accept UK traders. The MiFID II directives mean a Cypriot licence can be ‘passported’ for UK clients. In Australia, ASIC (Australian Securities and Investing Commission) regulate financial institutions – including brokers. Their oversight is on par with the . Malta and the Isle of Man also license some binary operators based on a gaming permit. These also offer a strong level of protection. Binary Trading Demo Accounts.

Sign up bonuses and demo accounts are two factors that are designed to entice new account holders. Both are extremely effective at attracting beginners and new customers and it is easy to see why. Bonuses are generally paid as a deposit match, or sometimes once a set number of trades have been settled, for a set amount. There are generally restrictions, or terms and conditions that need to be met before the funds are available to be withdrawn. It is worth spending some time understanding those terms before signing up. If the terms are not likely to be met (for example a volume of trades within the first few weeks) then the bonus loses any appeal and that broker may no longer be the best choice. There are also some terms which restrict even the the withdrawal of the initial deposit – not just bonus funds. These are thankfully rare – but highlight the need for checking. Binary options demo accounts are a great way to get introduced to binary options trading without needing to risk any funds. Investors looking longer term can ensure that the broker is the right one for them once they are trading for real money. Practise or virtual accounts offer a wealth of benefits. They also provide a great way for traders to compare brokers directly or back test trading strategies. For those investors looking to get involved with binary options for the first time, cheap minimum deposit requirements may be of interest.

Traders looking to only risk small amounts, will find a broker with a smaller minimum deposit more appropriate. Low deposit requirements start at £5 or £10. Higher minimum deposits reach £100 or £250. Higher deposits often mean certain benefits, such as improved rates, larger bonuses or access to a higher level account such as VIP or Platinum etc. All brokers will have a minimum trade requirement too (or minimum investment). These can vary significantly. There will be some investors for whom neither of these are a consideration and if so, these factors do not need to form part of their selection criteria. Minimum trade figures range from £1 to £25 – which is a very sizeable difference if a trader plans to trade frequently. Some newer firms offer cryptocurrency funding options – and a min trade of just $0.1 (or equivalent). Both minimum trade, and minimum deposit figures are shown in the comparison list. We also list whether a firm accept either Paypal or Skrill for deposits or withdrawals. How Do Binary Brokers Make Money? How are brokers paid?

It is a popular question. Brokers make money in one of two main ways explained below – both of which are based on easy-to-understand profit models. Here’s a closer look at how binary options platforms differ from stock brokers, and where the money goes. Customers approaching over-the-counter (OTC) binary options brokers for the first time are likely to have a question on their mind: “ Where’s the commission? ”. The simple answer is that there isn’t one. Although OTC companies are commonly referred to as ‘brokers’, this isn’t strictly accurate. They are not arranging a deal or acting as a middleman they are basically the counterparty to each of their customers’ positions. So they don’t charge a separate fee or commission for the trade. Instead, each customer is essentially betting against the house. Here is an example – Let’s say that the broker offers contracts on a particular asset.

Of course, there will always be the choice between a Put contract and a Call option. On the binary model, the basic theoretical assumption is always that an equal number of traders will take a contract on each position. It follows that the number of traders in the money will be equal to the losers (in theory). With this in mind, here’s an illustration of how an over-the-counter broker operates: For a contract on a particular asset, a return of 80% is offered. From its customers, the broker receives: £100 for contracts on Put options £100 for contracts on Call options The broker cashes in on the contracts entered into by the losing traders (on expiry), totalling £100. To the winners, it must return their stake and the profits won – i. e. £100, in addition to £80 profits on the trades. From all transactions, the broker is left with a profit of £20. Shopping around: how brokers offer flexibility… Returns offered vary from platform to platform. The level also tends to vary from asset to asset. A well-established, and stable platform with lots of users is good news from a trader’s point of view. It means that the broker is big enough to withstand a run of heavy losses without running into liquidity issues. It is also more likely to be operating at, or pretty close to the 50:50 binary model – where there is broad parity in terms of the number of customers taking a position on each side of a contract.

This gives a broker greater leeway to offer attractive arrangements to customers. A successful platform has more scope to offer higher returns – and thereby grow its customer base. Some also refund a percentage of losing trades (rebates). These often give customers the ability to opt between reduced payouts on winning trades in return for a higher refund on a losing position. All of this helps to give traders a welcome degree of control in managing risk. In the UK, a broker trading binaries over an exchange generally offers additional forms of trading too. For example spread betting or CFD (Contracts for difference) trading. These forms of trading are treated differently to OTC binary platforms from a regulatory point of view. For example ETX Capital and IG Index are fully regulated by the Financial Conduct Authority. On pricing, comparing an exchange platforms with a pure OTC platform is tough (because you are not comparing like for like). One way is to look at the margin (difference between buy and sell prices). CMC for instance has a margin of around 4% on binary markets – helping to make it highly competitive, price-wise.

Via one of two ways: As a counterparty, ensuring an ‘over round’ via payout percentages. Via a spread or commission on an exchange traded model. Whichever type of platform you choose, transparency is key – and a reputable platform will always provide clear information on payout rates so you can make informed decisions. For at-a-glance info on payout rates and more detailed information on the pros and cons of all the top platforms, see our comparison list and reviews. One key element to finding the best binary trading account, is the payout percentage offered. This is not always a straightforward comparison. Payouts will vary depending on the underlying asset being traded, and the length (expiry time) of the option. In addition, the payouts could move as the market dictates. So where one broker was originally the best price, things may subsequently change. The best an investor can hope for is to check the payouts for the types of trades they are most likely to make , and get a feel for which firm offers the best terms most often. Again, demo accounts can help in this regard. In general, exchange traded options offer superior value. Traders need a binary options broker that delivers what they need.

So if you want to trade 60 second options, or end of day options – you need a broker that provides them. Not every broker offers the same type of trade. Ladder and Touch options are not always available with all firms. As mentioned, expiry choices also vary. 30 or 60 second turbo options might be popular, but they are not listed everywhere. Likewise pairs or end of week options might be restricted to just a few brands. Early closure of trades might be another show stopper. Or the ability to use software with free signals. Traders worldwide have hugely different requirements. Where a broker operates in a certain part of the world, they may only offer the popular trades in that region.

A broker in London may offer different products and assets to one in Cyprus, India or Malaysia. Some brokers will offer managed accounts. Traders need to tread carefully in this area. There is a conflict of interest for an over the counter broker to operate a trader’s account. It is unlikely that a managed account will be operated in the best interest of the trader. If the trader makes money, the broker losses money. An employee or agent of the broker is therefore more likely to help the broker, than the trader – it is their job! For this reason we would not recommend using a managed account – but some brokers do offer them, and where this is the case, it will be mentioned in the review. Software integration might be key for some traders. Where a trader prefers to use their own price analysis software or service, a broker that can integrate with that is vital. The industry standard is MetaTrader 4 (Mt4) – a platform that allows advanced technical analysis, as well as the execution of trades. The majority of brokers use MT4, and allow traders to trade with it. Many brokers integrate with this service (and others) via a license or plugin. Leading brokers will also add their own features to the platform – in theory, enhancing it. So if a trader is looking for a firm that can execute trades via this platform, it is a huge benefit. Some brokers are also compatible with MT5 (MetaTrader 5) – but this latest version is yet to gain traction.

Though those firms that have adopted it, are to some extent, future proof. It is one further thing to consider when checking the comparison list to find the best provider. Find The Best Deal For You. As the above demonstrates, finding the best trading platform and binary broker is not always easy – but it is worth remembering that an investor is free to move between brokers whenever they choose, so even if an account turns out to be less useful than was first expected, it is no problem to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade. A trader should not be tied down. Within our website, we provide a wealth of information that can help in choosing the best options broker, here are a selection of articles that will help Best brokers for beginners? The best brokers for beginners will be those that offer a demo account. These accounts allow absolute beginners and those new to binary options, to try out the trading platforms risk free . The majority of brokers will offer this facility, as it gives them a chance to demonstrate their platform. In most cases, a demo account will not require any deposit, and a trader can open multiple accounts at various brokers.

Each can be tried out, and the trader can then decide which they prefer. Another point for beginners is that they should probably focus less on bonuses . This is because it is easy to fall into over-trading, or simply not make best use of the bonus funds. More experienced traders are better placed to ensure any bonus suits their trading style, and will not impact how they trade. Better comparison factors for beginners might be: Minimum trade amounts Ease of use of the platform Educational materials available. Which is the best trading platform? Answering a question like “ Which is the best trading platform? ” is hard, simply because trading platforms often come down to the preference of a specific trader. One user might prefer a simple layout, another might want a lot of information available all the time. That said, platforms do differ in quality, both in terms of ease of use, and features.

In very general terms, brands which also offer Contracts for Difference (in addition to binary options) provide more feature-rich trading platforms. Likewise, brands that have created their own platforms, will offer superior services than a ‘white label’ that uses a platform provider such us SpotOption. So the likes of CMC and ETX Capital , all deliver a very professional trading platform. MetaTrader integration is also more likely at these brokers. This difference in quality is simply a reflection of the maturity of binary options as a product, and binary brands are catching up very quickly – while still offering something different. IQ Option , for example, deliver a hugely entertaining experience, illustrating the change in style that some brokers will deliver. How to avoid scam brokers? Our scams page provides a list of ways to identify if a broker is genuine and safe. We also provide a broker blacklist of services to absolutely stay away from. With new platforms able to setup quickly, it is not a complete list of brokers, but the tips on spotting a scam should help most traders. With so many honest and genuine brokers, there is little point in risking using a cheap broker that has attracted a lot of complaints. Brokers with low minimum deposit?

The number of binary options brokers offering a low minimum deposit is growing quickly, reflecting an increasing demand for a lower entry level from traders. Previously, minimum deposits had been quite high, but now Binary. com , Ayrex and IQ Option all offer low minimum deposits of £10 or less. This represents a real confidence from those brokers, that traders will like their trading platform and go on to make more deposits once they are familiar with the brand. CMC Markets also offer a low minimum deposit, only requiring the deposit to match the trade size the traders wishes to place. Who offers demo accounts? In our demo accounts page, we explain the benefits of using a demonstration account, and also show who provides them. The majority of respected brands will offer a demo account, or practice account. In theory, it is a great way for them to ‘show off’ their platform. So those brokers that offer this type of account, obviously have faith in their platform and the technology that supports it. Our comparison table shows clearly whether the broker provides a demo account or not. The in-depth review will inform readers about the specific detail of the account (if a deposit is required, or if the account is time restricted for example). Bitcoin and Cryptocurrency. Cryptocurrency is a booming area for brokers of all types. Bitcoin and Ethereum are currently the most popular, but there are over 15 different currencies already.

Whether you consider them a novelty, or the future of finance, brokers now make trading them easy. With Bitcoin in particular, anyone looking to invest or trade may have thought the process was difficult. Recently however, brokers are giving traders access to these market in a very simple way. The currencies can be traded directly, in a similar way to oil or gold. They can also be traded in a currency pair, with several brokers offering the BTCUSD pair. This can be traded just like any other forex pair. Some brokers will accept bitcoin or other cryptocurrency as a deposit method. So traders can deposit, trade with, and be paid in Bitcoin, DASH, Litecoin or any other crypto. So whatever your view is on this new craze, it is now very easy to take a position and profit. Read our guide to trading bitcoin.