Binary Options Trading Guide – Investing as a pro!

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Contents

Binary Options Trading: A definitive guide for newbie’s

Trading is a nice way of making money in a shorter period of time, learn how?

Hey Friends, the first day of this week, I am going to share a new trend of making money online which was named after so-called Trading business.

This is called Binary Options Trading, which empowers many individuals and corporates to become a millionaire in a shorter period of time.

This is not a magic but works on logic. People who have the market knowledge can easily get into this business with a little investment to start.

Make your investment in any tangible (or) intangible products, and trade upon to make profits over time.

We will discuss this method more in detail in this article. Let’s get your note and pen to take down important aspects that will be a nice decision for a perfect start.

Table of Contents

2.1.) High earning potential
2.2.) Quick outcome
2.3.) Ease of trading
2.4.) Affordability (independence of stock price levels)

7.1.) Free practice
7.2.) Minimum entry threshold
7.3.) Maximum profitability
7.4.) Quick and smooth money withdrawal
7.5.) No extra fees

8.1.) Technical settings and design
8.2.) Assets
8.3.) Types of accounts
8.4.) Depositing and withdrawal of money
8.5.) Educational opportunities
8.6.) Technical Support
8.7.) Customer Reviews

1.) What are Binary Options?

The World Wide Web of today offers plenty of opportunities for making extra income online to both employed and unemployed people.

If you are one seeking to improve your family budgets, then you’ll find it worthwhile to learn about binary options – one of the most innovative styles of trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

This is a type of a short-time investment, that does not require buying actual stock. All you have to do is forecast the direction of a stock price fluctuation, which is possible to do via some basic analysis of the market.

As the name suggests, there are only two types of binary options to select from: Call or Put.

Some binary options brokers use the Up or Down terminology, but they mean essentially the same.

This new style of trading has attracted a huge number of traders and is getting more popular by each passing day. The reason why it is experiencing such a huge growth is that it offers an unmatched money-making potential in a very small period of time.

In binary options trading, all you have to do is to predict the price level movement of an asset. Suppose you want to trade the Apple stock with binary options trading. Let us assume that the Apple stock is currently trading at $93.5689.

You have to make a prediction if the stock price of Apple will be higher or lower than the current price level after an expiry period (The expiry period is selected by you).

Suppose you predict that the price level of Apple will be higher than its current price level after one hour. If your prediction is correct you will earn a profit of about 80%. However, if your prediction is incorrect you will lose the amount you invested.

2.1.) High earning potential:

When it comes to the money-making potential, nothing beats binary options. You can nearly double up your money by trading in the binary options market. In fact, there are some options which can even give you a profit of 500%.

2.2.) Quick outcome:

The expiry time for trading binary options is very short. It is generally in terms of hours and can be as small as 30 seconds.

It essentially means that you will get immediate results and you certainly do not have to wait for a long time to know the outcome of an investment.

2.3.) Ease of trading:

Trading binary options are very easy. Anyone with an internet connection can trade at any time during the trading hours. You can trade from anywhere in the world.

In fact, you can use the dedicated apps using which you can trade via your smartphone while traveling. Not much information is required to start trading in binary options.

However, being able to trade and being able to make profit require totally different skill levels.

2.4.) Affordability (independence of stock price levels):

The actual stock prices do not matter much in the case of binary options trading. All that matters is if your prediction regarding the price level was correct or wrong.

It essentially means that there is no difference if your prediction is correct by 0.1 points or 100 points. Both give the same result. Same is true when your prediction is incorrect as well.

All that said, one thing is important to keep in mind before you invest: all the attractive features of binary options trading come at the price of a big risk factor. A risk factor is, of course, high but so are the rewards.

3.) How binary options differ from regular trading?

Regular trading (also known as vanilla trading) and binary options trading might look similar at first for a newbie to financial markets, but in truth, they are very different from each other.

One key difference is that in vanilla trading the actual value of the price level matters. In binary options trading, all that matters is whether your prediction is correct or not.

Suppose Google is currently trading at $100. If you buy the stock in vanilla trading and after a day the stock is priced at $101, you will earn a profit of 1%.

Meanwhile in binary options trading, if you buy the Up option for Google which is trading at $100 with an expiry time of 1 day and the price level of Google is $101 after 1 day, you will earn about 75%.

In fact, it doesn’t matter how high Google ends. As long as it makes your prediction correct, you will make the same profit.

It is therefore for the same reason that you will make the same profit in binary options trading if Google would have ended at $200 or $120 or $500 after 1 day.

The risk factor in binary options trading is significantly higher than in vanilla trading.

Taking the previous example if Google had ended up at $99 after a day, a vanilla trader would have lost just 1% while a binary trader would have lost all the invested amount (considering the trader had selected the Up option).

When it comes to the expiry period, vanilla options have very long expiry periods of 6 months, a year, 5 years etc. But in binary options trading, the expiry period is generally just a few hours. It can be as small as 30 seconds.

In binary options trading, you can easily make money even if an asset is falling down. It is not possible with vanilla options.

Vanilla option traders may buy a falling stock when they feel that the asset has hit its minimum and will start to rise soon.

Binary options traders can just select the Put or Down option and if the price level of an assets ends lower than the strike price after the expiry time, a profit will be made.

Binary options traders can’t sell their bought option before the expiry period.

If a trader has bought an option with an expiry period of one hour, he or she will have to wait till the expiry period ends to get a result and it can’t be sold in between.

A vanilla trader, on the other hand, can sell the bought options anytime.

Binary Options

High money-making potential
Small expiry time
Actual value of an asset doesn’t matter
High-risk business
Profit can be made if an asset price falls

Vanilla Options

Low money-making potential
Big expiry time
Actual value of an asset matters
Low to moderate risk business
Profit can’t be made if an asset price falls

4.) What are the limits of my potential earnings?

Theoretically, a binary options trader can become a millionaire – because there is no sky to how much you can make by making correct predictions.

You can nearly double your money every few seconds. Although being correct all the time is not practically possible – one has to remember that.

Let us take a few assumptions and calculate your payout. Suppose you invest $100 in every trade and have an accuracy of 80%.

Let us also assume you execute 30 trades per day and the average payout is 80%. In this case, your pure profit is $57,600 per month.

Even if your winning rate is 70%, you will pocket a monthly income of $50,400. The best part is that you can earn this money sitting on your couch.

As per a report published in binary today, a trader makes more than $20,000 per month by trading binary options.

He follows some basic strategies with discipline and gets amazing results. There are many similar success stories on the web.

5.) Who can earn with binary options trading?

Generally, the answer to this question goes: “Anyone who is interested in making online home income, wants to try this type of financial instruments and has a good Internet connection”.

For a start, basic knowledge of the financial market and access to economic news will be enough.

Talking in a more long-term perspective, one has to be open for self-education. The more extensive learning you get, the better you can create a well-structured trading plan and not rely on sheer good luck.

Luck is part of the fun, of course, but its combination with proper skill will lead you to more steady income in the future.

In this context, when you are selecting a broker – which is the first thing you need to do – pay attention to the training and practice facilities the company provides.

6.) Olymp Trade – a trusted partner in binary options trading

If all the above has sparked your interest in binary options trading, your first step will be choosing among a variety of brokers on this growing market. How should one make such a choice?

Things which are of crucial importance:

••• Ease, convenience and transparency of the trading mechanism
••• Profitability levels offered by the broker
••• Opportunities for education and improvement of your trade skills
••• Honesty and reliability, confirmed by credentials from official bodies.

There are not many companies who stand out of the crowd by virtue of their premium trading serves, and Olymp Trade is one of them. This Seychelles registered broker was founded by Smartex International Ltd. and has operated on the market since 2020.

Olymp Trade is an “A” member of the International Financial Commission, an independent organization that provides and guarantees the protection of traders’ rights. Which means if a broker acts unlawfully, the Commission reimburses the trader up to $20,000 from its Compensation Fund.

The broker is highly recognized by the industry professionals and boasts four important awards, received over a short period of time:

••• IAIR AWARDS prize in the category “Best Binary Options Platform”
••• KROUFR Awards as the “Best Binary Options Broker”
••• ShowFX World prize as the “Fastest Growing Broker”
••• CPA Life Awards international prize as the “Best Financial Broker”

Now we shall dwell a bit more on its advantages, which matter especially for a beginner trader.

7.) What are my key benefits with Olymp Trade?

7.1.) Free practice:

Each trader is given access to a free demo account with 10,000 virtual units right after the registration. It is particularly useful for beginners who can practice as long as they wish before trading with real money.

The balance is rechargeable if it has less than 5,000 units (back to 10,000 for free), and you can always go back to the demo mode – in case you want to practice a new strategy.

7.2.) Minimum entry threshold:

Depending on the account currency, you can start trading binary options with just $350/$10/€10/20

7.3.) Maximum profitability:

With Olymp Trade it is possible to earn up to 80-90% of the investment if your forecast was correct.

7.4.) Quick and smooth money withdrawal:

As soon as you make a profit, you can apply for a transfer of money to your bank card or an e-wallet. The processing usually takes no more than a day or two.

7.5.) No extra fees:

The broker bears commission for all incoming and outgoing payments.

8.) How does Olymp Trade platform work?

The company has developed its own trading platform and continues to improve it every day. This is an essential thing because it implies almost zero chances of technical failure – so you may be positive that the platform will not freeze at the most inappropriate moment.

The product is custom-designed by the broker with input from experienced programmers, financial analysts and traders. It provides convenient tools for the market analysis, so you could make informed “up or down” decisions every time.

Available in both a desktop version and a mobile app, downloadable at Google Play.

8.1.) Technical settings and design

The platform is designed in a very user-friendly, understandable way. Once you look at it, trading on the financial market immediately becomes less dense and daunting. The design will not make you doubt whether trading can become a part of your life – you will know that it can if you wish.

One of the platform’s advantages is that traders can adapt it to their own liking:

••• Change the language: Vietnamese, Russian, English, Thai, Indonesian, Spanish (LATAM), Portuguese (Brazil), and Turkish are available;
••• Select how the chart is displayed: area (line), Japanese candlesticks, or HeikenAshi;
••• Set the color scheme to light or dark.

The technical settings are equally varied. Traders can:

••• Change chart time frames from 25 seconds to 1 month on the area chart and from 15 seconds to 60 minutes on the Japanese candlesticks and HeikenAshi;
••• Add indicators and oscillators to the chart to analyze it more accurately.

8.2.) Assets

The Olymp Trade platform is pretty versatile and allows to trade in a variety of key assets:

••• Foreign exchange market assets (currency pairs);
••• Assets of the stock market (stocks, bonds, indices, etc.);
••• Assets of the commodity market (gold, silver, oil, etc.);
••• Exchange assets of the cryptocurrency (Bitcoin is the most popular).

8.3.) Types of accounts

The platform offers 3 types of accounts: demo-account for a newbie, a standard account for everyone willing, and a VIP account with special privileges for more experienced traders. See a more detailed description in the table below:

8.4.) Depositing and withdrawal of money

Use any of the following ways to make a deposit:

••• Through E-wallets: Qiwi, Webmoney, Epayments, Neteller, Skrill, Yandex.Money, and Bitcoin;
••• Through Visa or Mastercard bank cards.

You can also withdraw money through the same payment systems.

Important: you can make a withdrawal only to the same e-wallet/card that you used to make a deposit. This rule enables the broker to guarantee payment security and protect traders’ funds from fraud.

The maximum withdrawal time is 3 business days, but the broker tries to process traders’ requests as quickly as possible. All operations are commission-free.

8.5.) Educational opportunities:

Never had a trading experience before? No worries. Olymp Trade offers a whole range of educational materials that will help improve your confidence – whether you are a complete beginner, or a trader seeking more in-depth expertise. At your disposal are:

••• Video tutorials
;••• Interactive courses;
••• Webinars
;••• Strategies developed by leading analysts.

Besides, the broker supports its customers in various social networks. Join the company Facebook page and YouTube channel to get access to all up-to-date information, extra educational content, daily analytics and articles with useful trading tips. Not to mention special contests offering bonuses and gifts for the lucky winners.

8.6.) Technical Support

Olymp Trade technical support department operates 24/7 – every day, around the clock, so be sure that your question will be answered by specialists promptly and at any time.

For English-speaking support, you can call on +357 25030996, write to [email protected] or ask your question in the online chat on Olymp Trade platform.

8.7.) Customer Reviews

You may find it useful to read some feedback from Olymp Trade customers.

Nobby Jackson describes his experience of binary options trading in this manner:

“As an amateur trader, I was overwhelmed by the number of binary options brokers. I, being an amateur trader, was looking for a broker which offered a quality way of learning how to trade and high payouts.

Olymp Trader offered both. My trading experience with Olymp Trade has been phenomenal. I am able to make a consistent profit and learn how to trade better.”

Steven Levitt, another amateur trader, puts his experience as follows:

“I love the way Olymp Trader has designed its trading platform. It is easy to use with simple navigation. The fact that you can do a lot of analysis using the website itself makes my trading very smooth.”

Bottom Line

Making an online income with binary options is a reality. And you will not have to sit long hours in front of the monitor in order to do that. Besides, it is totally affordable.

You may start with only a ten-dollar deposit, investing as little as 1 dollar in every trade before you gain more expertise and confidence.

Choosing a reliable broker is essential, and the Olymp Trade platform offers all the necessary facilities and transparency of trading.

The platform now has more than 6.5 million registered users with at least 20,000 traders actively trading each day.

You can easily join them and start utilizing the earning potential of financial markets while sitting at home.

Binary Option

Top 3 Brokers

  • General Risk Warning: Binary options trading carries a high level of risk and can result in the loss of all your funds
  • Best satisfaction rate (91%)*
  • Excellent trading platform
  • Best customer service
  • 7BO Award 2020 winner – Best Broker

*Amount to be credited to account in case of successful trade

Tag Cloud

Binary Options Trading | Broker Reviews expert opinion

Binary Options expert opinion. Since 2008, investing in binary options has become attractive to investors and individuals who invest in shares, equities, currencies, and commodities. There are only two options in binary trading, hence the use of the term “binary”. It is nearly analogous to placing a bet, in that you are wagering that an asset will increase or decrease in value over a set period of time. They provide options for the market to self-regulate and are a way to rein in overrated stocks by speculating that a company will see a decrease in its value.

In binary options trading you are investing that the price of a specific asset will move up or down in a set period. They give you the luxury of knowing your risk and return up front, before the trade ever takes place. Binary trading is an excellent way to get into the market without a large outlay of capital or capital reserve required. Take advantage of the information offered on 9binaryoptions.net to get a better understanding of binary options and forex trading.

Get started with 3 steps:

Choose a broker from the list below

If you are a US resident, you should select any of the brokers accepting US residents (under the US flag).

Min. Deposit Max. Returns USA
All brokers >>
General Risk Warning: Binary options trading carries a high level of risk and can result in the loss of all your funds

*Amount to be credited to account in case of successful trade

Register a broker account

I personally use six different brokers for trading and recommend all serious traders to open a few accounts to different brokers in order to have a good variety of assets.

How Can I Start Trading?

You simply need to identify a broker and start trading immediately by registering, depositing money, and making your prediction. Trading can be done every day and at any time of the day, on stocks, indices, currencies, and commodities. You can either choose to trade on the long-term options or short-term options.

Recommended reading:

Why Would I Invest in Them?

This provides a good opportunity to get high returns in a short time of even 60 seconds.

When trading, you do not own the assets. Your role is to predict the direction in which the asset will move in the market for a particular duration of time. The value of the asset may rise or fall and your returns will depend on the prediction you had made. The amount of change in the value of the asset is not important since the returns do not change, whether the change is high or low. You can trade at any time and there are no extra charges and commissions.

Choosing the Right Broker

Your foray into options trading will be more successful if you choose the right trading platform or binary options broker. Making sure you have the right trading platform or broker involves reading reviews and doing research to make sure the one you’ve chosen is reliable. With 9binaryoptions.net, this work is already done for you. A comprehensive list of the best brokers and trading platforms is available to you when trading with www.9binaryoptions.net, along with helpful hints on the best way to choose the right platform for your needs.

Currently, we are adding the best Binary Options Brokers, accepting US residents, on our website. If you are a US resident, you should select any of the brokers under the USA flag.

Recommended reading:

Binary Option Robot

You’re getting into investing because you want to earn the best returns possible on your investments. With the trading robot software available at 9binaryoptions.net, every trade will be carried out automatically online. High returns are understandably your goal, and having a competent trading robot will allow you to make the most of your investments. The trading robot software has a very high win rate, about 83%, so using it for trading will greatly increase your odds of completing successful trades on a regular basis. When you trade using the robot, you do not need any previous knowledge of the platform or binary options trading.

Are Binary Options a Scam?

The answer is simply: they are not a scam. 9binaryoptions.net makes best trading for you. Binary options trading offers excellent returns for investors, some as high as 91% or more; the lowest returns are in the range of 65%, allowing for trading opportunities with very high returns in as little as a single minute. Your risks and returns are known prior to your investment; this makes it relatively best to get into the market without a large amount of investment required. Binary options trading has the potential to allow you to become financially independent.

What Can You Find from 9binaryoptions.net?

Binary options trading is a relative newcomer as far as market trading options are concerned. They were first approved by the U.S. Securities and Exchange Commission in 2008 and they are now openly traded online in what have become known as binary option trading platforms or brokers.

Our Purpose

9binaryoptions.net is here to provide you with the most useful and important information regarding binary options and forex trading you will find online today. We seek to do this by providing you with very useful information that will significantly improve your trading knowledge. On here you will find information about the different types of trading strategies, comprehensive guides, fresh binary options articles and news from the markets.

How Will We Do It?

9binaryoptions.net was founded by people with extensive experience and knowledge in international finance. Our main author at Binary Options is Admin.

By making the best use of our founders’ knowledge and skill sets, we aim to develop and consistently maintain 9binaryoptions.net as the best informational binary options and forex trading website online.

What We Cover

Let’s take a look at all the areas of trading that we cover and how these will help you formulate your Trade scheme:

Guide to Trading Tools

We will teach you about the basic tools for successful trading and give you the most current and updated information about how to use them successfully.

Binary options are typically categorized as a somewhat complex, exotic trade options. 9binaryoptions.net will give you an in depth look at the trading tools that are currently available and teach you how to use and apply them to make successful trading decisions.

Strategies

Don’t be fooled by what you hear, binary options trading requires very little experience. There is a common misconception that to be successful at option trading, a person must have a lot of knowledge of the markets and binary options trading in particular, that is hardly the case.

9binaryoptions.net is your informational source for information and explanations of all of the trading strategies. These will help you learn to predict the most essential requirement of trading, which direction an asset price will trend. If you can learn to make trades that correctly predict which direction an assets price will take, then you will consistently make profit on your trades.

You can hardly be a successful trader if you don’t know where to go to place your trades. It is imperative that you are able to use more than one broker’s website and learn to use the different tools that each one has to help you make successful trades.

With over 400 trading platforms online, it would be a nearly impossible task for you to visit and review each one. No worries here because we have done a lot of the work for you. We feature updated reviews and information on many of the top binary options trading brokers that can be found online today.

Complete List of Our Broker Reviews: brokers

Binary Option Robot Reviews

9binaryoptions.net will also provide you with an in depth analysis and reviews of the Binary Option Robot Software. Quite frankly, we were impressed by their ease of use and exceptionally unique offerings.

Education

One of our main goals is to educate and inform you as much as possible on all the various aspects of binary options trading. There is an old saying that “knowledge is power” and it applies to trading as well. Trading knowledge is best used in an organized and specifically targeted way and at 9binaryoptions.net we are here to help you with that.

Guide to Forex Trading

To be successful at binary options trading you need to be very familiar with the aspects of Forex trading as well. We have reviewed the best Forex brokers online to make it best to choose the best broker for your specific trading needs.

Make us a Consistent Part of Your Trading

As you learn about it and become successful at it, trading can become a fresh and exciting way to place market trades with your hard earned investment income. We hope to help educate you about it to the point where you are consistently minimizing your risk and maximizing your profit. We are constantly updating and improving our site because we want to be known as the best informational binary options website there is online today. So come back here often, with the help of 9binaryoptions.net, we will guide you on your way to becoming the most informed and potentially successful trader that you can possibly be.

Start earning money now!

One of the best things about trading is that you can make small low risk investments. You can start trading in our recommended trading platforms such as Boss Capital in as low as $100, which you may double in a single transaction. Select your preferred trading broker from the top of the page, register, start trading and earning money.

A Brief History of Binary Options

Option trading has been around for quite some time. In it’s origin, it was strictly a means of investment reserved solely for the elite and was practiced with little to no regulations. This all changed when the Chicago Board of Trade created the first structured trading environment in 1971 as the Chicago Board Options Exchange (CBOE) was formed. It became the premier organization of it’s kind and to this date it is the biggest method of options trading worldwide.

Throughout time, regulations greatly improved thus increasing the parameter of options transactions. The Options Clearing Corporation (OCC) was then created as a safety net to oversee and ensure that investors would buy and sell their assets according to regulation. The OCC had the authority to enforce bans in instances of due negligence. Binary options would eventually evolve from these standard procedures with the intent of creating a more feasible investment protocol with minimal complications.

Although premature binary options were still being conducted over-the-counter, the new market was limited to the elite and had very little liquidation and no strict regulations. In 2007 however, the OCC changed the guidelines to allow binary options to be bartered on major stock exchanges. This was approved in 2008 by the US Securities and Exchange Commission (SEC) in order to legalize the classification of binary options as tradable contracts in foreign financial markets. In May of the same year, the American Stock Exchange became the first intercontinental exchange to publicly offer binary options. In June the CBOE followed their lead.

With the recent introduction of superior technology and highly sophisticated platforms and tools, there has been an explosion in binary options trading. The new internet rendition of binary options offers greater flexibility as well as an increased modification of fundamental assets; contract types; strike prices; and fulfillment times. These features enable more aggressive strategies to be comprised that propose maximum profits at minimum risk. This allows for new binary options brokers to enter the arena thus boosting highly improved and advanced platforms which then enable their constituents to achieve more fruitful trades.

In 2020, critical changes to the odds, risks, and fixed rewards now associated with binary options would further promote their reputation. From then on, important brokers started implementing policies to ensure that this brand of trade would become more user-friendly so that investors would be able to trade options from the confines of their homes as well when out and about. In essence, the sheer genius and beauty of the world wide web made it best for individuals to trade binary options anytime and from anywhere.

In present day, binary options are rapidly growing in popularity within the ever-changing investment industry. This is due to the many advantages of binary options in comparison with other, more traditional, investment options. Binary options offer a pre-ordained disbursement and damage format in addition to presenting investors with the convenience of creating vast trading positions in primitive assets using a limited cash deposit.

Simply by trading binary options, traders have vastly improved the possibility of making both invaluable and dependable trades. They can steadily increase their profits while concurrently minimizing their risk of exposure as they invest their time in studying and mastering the limitless array of binary option trading scenerios that are now available at their fingertips. With so many options, you can certainly appreciate the sudden evolution of binary options from complete obscurity to a sudden rise in fame.

Binary Options Trading Regulations

Even with the recent increase in binary options, many investors are still hesitant to invest in this market due to rising concerns over the regulations and security surrounding binary options trading. This heightened sense of caution is partially due to the lack of trust that investors have in the financial market. In light of recent financial crises and scandals that have erupted over the last decade in the U.S. (known as the most strictly regulated market worldwide), investors can now can be accused to being “too careful.” Regardless, many of the current misconceptions about binary options are largely due to a lack of understanding exactly how the binary option market operates.

The Regulatory Framework Surrounding Binary Options

Today, the Republic of Cyprus is one of the most popular locations for binary options brokers. Sadly, many investors tend to think that since Cyprus is one of the “undeveloped” economies in Europe. They see the country as unsophisticated with little to no financial regulations in place. In their distorted thinking, they feel that that binary options brokers chose this location as the base for their operations in order to avoid strict regulations, when in reality the reason is that taxes are much lower in Cyprus. In the U.K. corporate profits are taxed at 24% and this rate is even higher in the U.S., where companies can be taxed as high as 35%. However, taxes are only 10% in Cyprus. In light of this, it makes complete sense that many brokers choose to base their businesses in Cyprus. Many of you have probably noted that most binary options brokers refuse to accept clients from the American market as they do not wish to be taxed by the U.S. authorities.

There are many that would contend that the financial regulatory standards in countries like Germany and the UK are higher than those of Cyprus. This stems from the fact that they do not have a clear grasp on how the Eurozone market even works. The European Union (EU) parliament has issued the Markets in Financial Instruments Directive (MiFID) in order to harmonize the regulatory framework of the financial market within the Eurozone. The MiFId was designed to increase consumer protection as well as to integrate the various financial markets into a single market. It should be duly noted that Cyprus is in full compliance of the MiFID, under the Investment Services and Activities and Regulated Markets Law 144(I) of 2007.

Legal Protection Security

Thus, Cyprus actually holds a higher standard in fiduciary duties in terms of legal protection from rogue investment companies than the U.K., which is still not in full compliance of the MiFID. We need to consider that binary options are a recent financial innovation so there is little to no legal framework with which regulators can work. There reason there is very little legislation in existence to cover binary trading options is due to the fact that the OTC markets have historically been self-regulated. Only recently has the framework to regulate binary options been constructed. As a matter of fact, Cyprus is one of the first Eurozone members to in fact have a legal standard for binary options. With this legal definition, the regulatory authorities such as the Cyprus Securities and Exchange Commission (CySEC) is now empowered to act under the financial regulatory framework.

It might shock investors to know that binary options are in fact, not categorized as “financial options” under the U.K’s Financial Services Act, but instead they are regulated under the U.K. Gaming Commission where binary option trades are actually classified as “bets.” In the U.K. gambling debts are known as “debts of honor” and are not enforceable in the court system. You can imagine how difficult it would be to sue a U.K. based binary options broker for a “debt of honor.” when you have no legal ground on which to stand. Based on this premise, Cyprus is the best place for binary trading options in terms of legal protection.

Guide on the Basics of Trading Binary Options

We are thrilled to present to you this guide on the basics of trading in binary options in the industry. Throughout this page, we are going to take you through several facts about the binary options market that you need to learn prior to investing in the financial market. For the purpose of reference, you may need to bookmark this page as it will prove to be beneficial throughout your binary options trading career. Here is a list of what we are going to cover throughout the page:

  • Understanding Binary Options
  • The various types of binary options trades
  • The basic binary options trading strategies
  • The tools you will need while trading binary options
  • Some of the things that you need to bear in mind while trading binary options
  • Examples of trades in the financial market
  • How to get started

Understanding Binary Options

What exactly are binary options? This is a question that has been lingering in the minds of many people in the binary options market. Well, this is a form of investment in the financial market, whereby the trader places a trade (a contract) that has a fixed reward as well as a fixed risk. These trades are referred to as binary options because they involve either one or the other choice. Similarly, these trades entail getting one or the other payout option, once the contract has expired. Some of the trading options in this industry include the up or down options and the touch or no/touch options. In computer language, the term binary refers to either 1 or 0.

An Example:

Suppose you would like to stake $100 on an asset whose current price is “$1612.75 and the expected payout is indicated as 80 percent. You need to stake the $100 on this position and set your preferred expiry period, to say one hour. If at the end of the one hour (the expiry period for your contract) the price of the asset goes up and you had predicted that it would go up, you will have won the position. In this case, you will get the amount you staked on the position, $100, and an additional 80 percent of the staked amount. In total, you will get $180 from this trade. However, traders need to note that the magnitude by which the price of the commodity move will not determine the payout amount. If you had predicted that the price of the asset will go up and drops instead of going up, by the time the contract expires, you will have lost the trade and consequentially the money you staked on the position.

The Main Components of This Trade

All the contracts/trades that you will be placing in the binary options market will always have three key components, namely:

  • The strike price
  • The expiry time
  • The Payout percentage

The strike price in this case is the price of the commodity you have chosen to trade in at the time you open the trade. In the above mentioned example, the strike price of the trade is $1612.75. This is the price of the asset you are trading in at the time you open the trade. It is the price value that will determine whether you have won or lost the position.

The expiry time is the period that your placed contract is expected to expire. It is the period between the time you place the trade and the time it expire. For most brokers in the industry, the trader is allowed to choose his or her preferred expiry period while opening a trade. The expiry period could be as short as 60 seconds or as long as days or even months.

The payout percentage is the predetermined amount that the broker is offering to pay, if you win the trade. In the above mentioned example, the payout amount was 80 percent. In this case, you will get 80 percent of the staked amount, in addition to the staked amount, if you win the trade. However, you will lose the staked amount if you lose the position in this example. There are brokers in the industry that return a certain percentage of the staked money, if the trader loses the trade. This amount could be as much as 10 percent of the invested money, but is dependant on the trade and the binary options trading platform that you are using.

The Various Types of Binary Options Trades

Currently, there are various types of binary options that traders may trade on their preferred binary options trading platforms.

The Basic Binary Options Trading Strategies

The Tools You Will Need While Trading Binary Options

We have compiled some information on some of the most beneficial binary options trading tools on this page.

Some of the Things That You Need To Bear in Mind While Trading Binary Options

If you have been reading this page, you must have learned the basics of trading binary options. Before venturing into binary options trading, there are various things that you have to bear in mind, some of which include:

  • There brokers with a minimum investment amount of as low as $10
  • Trader’s risk is limited to the amount he or she has staked in a trade
  • You only lose the amount you hade staked in a position, if you lose
  • You do not own the asset you have used to open a trade; instead you simply bet on the price movements of the price.
  • Trading binary options is comparatively risky. Therefore, invest what you can afford to lose.
  • There are numerous trading options in the industry, the commonest and easiest of them being the Up / Down trading option.

In all cases, the payout you will get after winning a certain trade is stated beforehand. Since the risk you incur while trading binary options is limited to the amount of money you put at stake, you should only risk what you can afford to lose in any position.

The Up/Down Trading Option

The Up/Down is among the easiest trading options in the binary options industry. Just like the name suggests, this options entails clicking on either the UP (call) or the Down (put) button, in accordance with the direction that you believe the price will take. Let us look at an example where Gold is the asset you would like to open a trade on. Most binary options brokers will feature a graph on each asset listed on their platform. In the case of Gold, the graph provided will have a line to indicate the movement of gold prices over time. From the provided graph, you can see how the price of Gold ha been changing over time. As such, you can decide on the probable direction that the price will move in the near future. It is on this basis that you make your prediction on whether the price o Gold will rise or fall in the near future.

If you believe that Gold will appreciate in value in the near future, you should click on the ‘Call’ button to open a trade. You should then indicate the amount you would like to stake in the trade and your preferred expiry period from the dropdown menu provided by the broker and then place the trade. If you believe that the price will drop in the near future, you should click on the ‘Put’ and indicate the amount you would like to stake as well as your preferred expiry period before placing the trade.

For many brokers in this industry, traders have an array of expiry period options to choose from. Some binary options trading platforms are offering 5 seconds, 12 seconds expiry periods and an array of other short-term expiry periods. Additionally this option also allows traders to incest in long-term options, such as the trades with expiry periods of days or even weeks. It is at the expiry time that the broker determines whether you have won or lost the trade. This is done by comparing the price of the chosen asset at the time of expiry of the contract to the strike price of the asset. If you had chosen ‘Call’ and the price of the asset is higher than the strike price, at the end of the contract period, you win the trade.

Examples of Trades in the Financial Market

Example 1: Using the Up/Down option to trade Google Stock

Assuming that Google was performing fairly well and you expect that the Google stock will be trading above $672.10 by 4.00pm Est. time. You should then open a position based on this conviction. To make this forecast, you can make use o the market reviews and trade signals provided by your broker. Alternatively, you may also analyse the market on your own and read the charts on the binary options trading platform you are using. Based on such information, you stake $1000 on the Google stock asset and set the expiry time to correspond to sometime after 4.00pm Est. For the purpose of this example, we are going to assume that you broker is offering a payout of 70 percent on this asset if you win and a rebate of 10 percent, if you lose.

If after the contract period has expired the Google stock asset has appreciated to a value that is greater than $672.1.00 as you had predicted, you will earn $1700. This includes the $1000 you had staked in the trade and the 70 percent payout, which translates to $700. However, if the price of Google stock goes against your prediction, you will get a 10 percent rebate from the broker. As such, you will get $100, which is 10 percent of the staked amount. In this case, you will lose $900.

In this case, the $672.10 price of the Google stock asset is referred to as the strike price. Now that you had predicted that the price will rise, this is a ‘call’ trade. The $700 that you earned above the invested amount is the payoff; hence your profit for this trade. In some cases, some binary options brokers will offer a rebate amount. This is the amount that the broker will reimburse to you if you lose the trade. In this example, the rebate is set at 10 percent; hence is $100. However, you need to understand that not all binary options brokers offer a rebate for their traders.

As opposed to this example, you may also decide to bet in the opposite direction, if you believe that the price of the Google stock will drop in the near future. In this case, you will have to place a ‘Put’ trade, but the payout will remain to be the same if your prediction is right. Similarly, the loss will also be the same if your prediction is wrong.

Example 2: Using Touch Trade Options to Trade Gold prices

With binary options, it is possible for traders to take advantage of gold price movements to make a profit. In this example, we will use the touch trading options to predict price movements of the gold asset. In this regard, the price of Gold ha to hit the touch price for you, the trader, to win the trade. With the conviction that the price of Gold will hit the $1617.40 mark by 4.00 pm, a trader invests $100 in this trade using the touch trading option. For the purpose of this example, we are going to assume that the payout offered by the broker is 70 percent if the trader wins the trade and a rebate of 15 percent if the trader loses the trade.

If by the expiry period the price has touched the touch price indicated by the trader, the trader will have won the trade. In this case, he or she will get $170, which includes the $100 staked in the positions and the payout amount, which is $70. If the price of Gold does not hit the touch price, the trader will have lost the trade. As such, he or she will only get the rebate amount, which is $15 in this case. As a result, the trader will lose $85.

With the touch trading options, the trader is required to indicate the touch price as well as his or her preferred expiry period before placing the trade. Suppose the trader selects $1617.40 as the touch price and 4.00pm as the expiry period. After placing the trade, bad news regarding the value of the dollar breaks out. This will drive inflation fears and force oil and gold prices to rise. As such, the price of gold will hit the touch price. Although not all brokers in the industry offer the touch trading option, they are the second most popular binary options trading option.

A General Binary Options Trading Example

The following general trading procedure should be applied:

  • To begin with, you need to select an underlying asset to trade in, such as a currency pair, gold or oil.
  • You then need to select your preferred expiry period from the options provided by your broker; this could be 60 seconds, 1 hour, a day or a week.
  • Indicate the amount of money you would like to invest in the position, for instance, you may choose to stake $10.
  • Predict the direction you think the price will move towards; up or down. This is done by selecting the up or the down option.
  • Prior to submitting your request, you should check the payouts for the position if you win or lose the trade.
  • Now click on the apply button to place the trade.

While trading binary options, it is not possible to lose more money than you have staked in the open position(s). Again, it is not possible to make more profit than the indicated payout percentage on any trade you have placed. For most brokers, the payouts offered to traders after winning a position ranges between 70 and 85 percent. Although some brokers do not offer rebates, there are those brokers that offer rebates of up to 15 percent of the staked amount.

What You Have to Remember While Investing In Binary Options

Here are a couple of things that people need to know about the binary options trading industry:

  • As opposed to Forex trading, traders in binary options are not restricted by leveraging
  • The profit or lose you will make from any trade is known before hand and you cannot lose more than what you have invested in a trade.
  • The magnitude by which the price has moved will not affect the much profit or loss you make while trading binary options.
  • The amount of payout on any trade is clearly indicated
  • The majority of brokers we have listed will offer traders an early closure option. This feature allows traders on their platforms to close the trade at any time, before the expiry time, when they find the price appealing. This allows traders to make an early exist from any trade and to minimise losses.
  • All the brokers we have listed offer a payout of between 70 and 85 percent on various assets.
  • Trading binary options is not associated with any hidden costs and fees
  • The trade entails ‘one or the other’ option, hence is referred to as binary
  • Opening a trade on an asset does not mean that you buy it; you are just investing on the price movements of the said asset.

How to Get Started

Since this page is the basic overview of investing in financial market through binary options, you should navigate to the page that focuses on how to invest in binary options. For more information on how to start trading in binary options, the following tutorial can be of great help:

Binary Options Trading for Novice

To succeed in trading binary options, you will also need to master how to analyse the market and read graphs and charts offered by your broker.

References and Further Reading:

1. Rethinking risk management (RM Stulz – Journal of applied corporate finance, 1996)

4. Static hedging of exotic options (P Carr, K Ellis, V Gupta – The Journal of Finance, 1998)

5. A continuity correction for discrete barrier options (M Broadie, P Glasserman, S Kou – Mathematical Finance, 1997)

6. Binary option pricing using fuzzy numbers (A Thavaneswaran, SS Appadoo, J Frank – Applied Mathematics Letters, 2020)

8. On pricing barrier options (P Ritchken – Currency Derivatives: Pricing Theory, Exotic Options …, 1998)

11. Option hedging for semimartingales (M Schweizer – Stochastic processes and their Applications, 1991)

14. Constraint logic programming and option trading (C Lassez, K McAloon, R Yap – IEEE expert, 1987)

17. Option trading and individual investor performance (R Bauer, M Cosemans, P Eichholtz – Journal of banking & finance, 2009)

IQ Option: Top Binary Options Broker

Ever since the US Securities and Exchange Commission approved binary options in 2008, numerous traders have been interested in expanding their investments and exploring binary options trading. And s ince there’s an expanding list of available brokers today, it’s challenging to narrow down your choices to find the one that suits your preferences. With that, we’ve gathered the popular brokers to help you jumpstart your search.

To help you, we provide the lowdown on the top 15 popular binary options brokers of 2020 that you can consider for trading. Hopefully, the list will let you find the best broker for your investment needs and expectations, and start successfully trading on your own.

Binary options trading may have gotten a bad rap because of its all-or-nothing premise, but the high payouts keep traders coming back for more. This is why binary options markets remain strong in various regions around the world, particularly in Asia.

To avoid fraud in binary options trading, choose a trustworthy broker. These brokers can help minimize your losses and provide a measure of security for your funds. Some traders turn to smart contract-based binary options transactions to fortify their deals using blockchain technology.

Each broker also offers different options in terms of minimum deposit, maximum returns, and supported assets. Some brokers even allow traders to use cryptocurrency to fund their accounts or get payouts. The benefits of blockchain and the advantages that global fintech trends exert significant influence on the binary options trade.

To match you with the best binary options broker for your needs, we’ll take you on a tour of the top binary options brokers today. Our analysis of each broker lays out the most important features, including deposits, returns, bonuses, and supported platforms. This way, you can make an informed decision and get the best protection for your funds.

Top 15 Binary Options Brokers

1. IQ Option

IQ Option was established in 2020 and had since then received favorable reviews on the internet. It uses in-house software for trading. The maximum returns are 95%. However, traders in the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria are not accepted. IQOption Europe Ltd. is well-known for reliable broker services, as it is regulated by the CySEC.

It provides a wide array of web-based and mobile features that help make binary trading transparent, reliable, and more efficient. For instance, it offers a speed trading service with up to 5-minute increments and hourly binary options in 15-minute increments. It also offers trading expiration periods of up to a month. Moreover, its Digital Options service allows users to trade gold in over 500 assets.

IQ Option

Try out IQ Option with their free trial

This popular binary options tool offers a free demo account to help you get started. The minimum deposit is just $10 for the Real Account. And for the premium VIP account, the minimum deposit is $3,000. Customer support is currently offered via email, phone, and live chat. Finally, this broker offers multiple convenient deposit and withdrawal methods to help you trade easily.

IQ Option Key Features

  • Minimum deposit: $10
  • Minimum trade size: $1
  • Maximum returns: 95%
  • Supported trading platform: proprietary web, Android, iPhone

Detailed IQ Option Review

2. 365Trading

365Trading is registered with the CySEC and based in Cyprus. It was founded in 2020 and has since traded in the EU without issues. It primarily trades in binary options. As of this writing, US traders are not accepted.

The minimum deposit is at $100, with profits and bonuses reaching 85% and 100%, respectively. You can open a demo without deposit and try their long- and short-term expiries.

The platform, an in-house system, is robust and ideal for veteran traders. It features charts, lines, and candlesticks and provides historical analysis, functioning as a business analytics tool. The platform allows you to set up three assets with quick access shortcuts. Likewise, you can trade four assets simultaneously featuring a main window and three sub-windows.

Support is available via email and phone.

Detailed 365Trading Review

365Trading Key Features

  • Minimum deposit: $100
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: proprietary, web, Android and iPhone

3. Ayrex

Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and is focused on binary options. As of today, US traders are not accepted.

The minimum deposit is $25, one of the lowest, while the bonus is up to 10%, 20% and 30%, based on the amount of your deposit for Ayrex account holders.

The broker uses a proprietary trading platform featuring instant withdrawals, which is unique in the niche. The interface is neat and lets you quickly jump to different trades. It’s ideal for short-term trading. High/Low options are also available.

Support includes 24/7 live chat and via email. Likewise, the system is accessible from Android and iPhone apps.

Detailed Ayrex Review

Ayrex Key Features

  • Minimum deposit: $25
  • Minimum trade size – $5
  • Maximum returns: up to 85-90%
  • Bonuses: $30 no-deposit new account, up to 30% on the trade
  • Supported trading platform: proprietary, web, Android and iPhone

4. OptionFair

OptionFair was founded in 2020 and is based in Cyprus. It is regulated by the CySEC and is also listed on the London Stock Exchange, a first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs, and binary options on 118 underlying assets.

The minimum deposit is $100, with returns up to 100%. However, there are no indicated bonuses, but you can always contact support for possible terms. The expiry time is shorter than average but makes for quick returns over short-term trading.

The broker uses its own platform that allows you to shift trading from forex to binary and to CFDs, from a single interface. It gives you access to myriad assets and instruments and a wide range of expiries. You can, in fact, trade simultaneously on forex and binaries. Mobile apps for Android and iPhone are available.

There is phone support in five international numbers, including English, Spanish, Italian, and French. Email and live chat support are likewise provided.

Detailed OptionFair Review

OptionFair Key Features

  • Minimum deposit: $100
  • Maximum returns: 100%
  • Bonuses: none
  • Supported trading platform: proprietary, web, Android and iPhone

5. BinaryTilt

BinaryTilt is an unregulated broker with headquarters in London, England, but is wholly owned by Cyprus-based Depix Holdings. Although it isn’t overseen, the broker seems to have a clean record with rare warnings from authorities. US traders are not accepted. It trades in stocks, indices, forex, and commodities across 150 underlying assets.

The minimum deposit is $250, with profits of up to 85%. Likewise, bonuses can reach 100%. Trading styles include high/low, one-touch, range, and on-demand. The stocks are also mainly US or EU-based companies.

The trading platform is SpotOption, a standard but increasingly old school tool compared to newer platforms today. The UI is familiar, and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.

Detailed BinaryTILT Review

BinaryTilt Key Features

  • Minimum deposit: $250
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web-based, Android and iPhone

6. GTOptions

GTOptions is another Cyprus-based binary options broker. It uses the SpotOption trading platform, which is one of the most dependable web-based solutions in the market today. Its interface is smart and easy to use, with color-coded buttons and tabs arranged per type of trade offerings and asset offerings to be traded.

This binary options platform also offers several intuitive tools to help traders achieve better outcomes. For instance, it has a risk management feature that allows traders to cash in on their live trades before contract expirations. Likewise, it has a binary meta mode that supports high-level trading, specifically designed for professional traders.

Finally, the vendor offers 24/7 customer support and provides an extensive library for education and reference purposes.

Detailed GTOptions Review

GTOptions Key Features

  • Minimum deposit: $250
  • Maximum returns: 81%
  • Bonuses: Below $1000 50% bonus, above $1,000 100% bonus
  • Supported trading platform: proprietary, web, Android, and iPhone

7. OneTwoTrade

OneTwoTrade uses the popular web-based SpotOption trading architecture. The company provides the latest technological advancements for the benefit of its clients. OneTwoTrade has won an award for providing an efficient and safe trading platform that is relatively easy to use.

This fully-licensed binary options brokerage firm is headquartered in London. It is also highly regulated by government agencies, such as the Malta Gaming Authority. Moreover, OneTwoTrade is rigidly tested to ensure precision, stability, and quality.

OneTwoTrade offers two trading accounts; one is free, while the other is paid. The latter, called Privilege Plus, offers more benefits to users, including comprehensive market analysis, special promotions, and anytime access to senior account managers. Privilege Plus members also get either an iPhone or iPad that’s equipped with a special mobile trading app.

Detailed OneTwoTrade Review

OneTwoTrade Key Features

  • Minimum deposit: $200
  • Maximum returns: 65% to 85%
  • Bonuses: not specified.
  • Supported trading platform: proprietary, web, Android and iPhone

8. 99Binary

99Binary operates from Anguilla, a British overseas territory in the Caribbean. Started operations in 2020, this binary options trading company serves clients in the US and worldwide. It has a well-designed, comprehensive online portal that offers numerous features, tools, and trading information.

This HTML-based binary trading solution offers users the convenience of a clean, clutter-free dashboard design. Users will appreciate how the site presents data on the latest success trades of other users, which can be easily copied for later use.

Another notable feature of 99Binary is its trading turnover requirement. To cash out bonuses, customers must achieve a particular turnover quota, which goes down for every tier. This is an effective motivation for traders who love bonuses.

Detailed 99Binary Review

99Binary Key Features

  • Minimum deposit: $250
  • Maximum returns: up to 86% on Standard & 60-Seconds, and up to 350% on One Touch
  • Bonuses: To cash out bonuses, Starter level users must reach 30x turnover. For Premium users, 20x turnover is required.
  • Supported trading platform: proprietary, web, Android and iPhone

9. Binary.com

UK-based Binary.com is a licensed broker regulated in the British Isles, Malta, Ireland, and the UK. However, US, Canada, Japan, Hong Kong, and Costa Rica traders are not accepted. It is one of the more transparent companies in the industry that declares its owning company and market operations. Formerly the BetonMarkets, Binary.com blends gambling and trading but with transparency. It offers CFDs, FX margin, and crypto trading via MT5.

You can start the trading time aside from the expiry date, and the investment amount is based on the payout you set. The minimum deposit is $10, and for e-wallets, it’s even lower, at $5.

Bonuses are not standard; rather, they consist of two types–the Deposit Bonus and Free Bonus. Likewise, percentages are not specified, but you are required to have as much as 25 turnovers to avail yourself of a withdrawal. There’s also a 1.5% payout commission.

The broker supports various trading platforms, such as Binary Webtrader, Binary Bot, and Binary Next-Gen. Furthermore, it can personalize client trading needs all under one roof.

Th e platform is intuitive to the first-time trader and robust for the veteran. It features a lot of visual tools like charts and technical indicators, and the tutorials on binary options are comprehensive. Likewise, it supports 12 languages and provides a virtual money account. Mobile apps are available, with a mobile payment system.

Binary.com Key Features

  • Minimum deposit: $5 for e-wallet and $10 for debit and credit cards
  • Maximum returns: 100-1000% depending on contracts and trades
  • Bonuses: not specified
  • Supported trading platform: proprietary web, Android and iPhone

10. eToro

Tel Aviv, Israel-based eToro is a social trading network and not a broker. It allows you to copy the leading traders in its community and, hopefully, realize the same margins. Conversely, your trading can be copied, which earns you additional income.

In this platform, you invest in people, not currencies. You will have to be mindful of other traders’ behaviors and analyze their patterns or strategies, instead of learning financial charts and indicators.

No worries, eToro provides more than 16 lectures and video courses on how to hone your skills. These include identifying consistent traders, not just one-shot deals. You also get a list of the best traders on currencies, indices, and commodities across a wide range of underlying assets.

On the B side, you can share your trading insights and enroll in the Popular Investor Program as a trade authority. While the minimum deposit is $200, the maximum returns vary. The network uses its in-house trading platform with Android and iPhone apps.

eToro Key Features

  • Minimum deposit: $200-$10,000, depending on the country
  • Maximum returns: varies
  • Bonuses: not specified
  • Supported trading platform: proprietary, web, Android and iPhone

11. 24Option

24Option has been online since 2020 and is a stable and reliable broker as it is regulated by the CySEC. It uses the third-party TechFinancials trading platform. Maximum returns are up to 88%. This broker does not accept traders from the US and Australia.

The minimum deposit amount is $250, and the minimum investment amount is $24. Trade types offered are high/low, one touch and no touch, boundary, and 60 seconds.

A demo account is offered for new traders. You can enroll in Standard, Gold, or Platinum account depending on the amount you deposit and the features you want. 24Option provides customer support via phone, live chat, and email in English and 13 other languages.

24Option Key Features

  • Minimum deposit: $100
  • Maximum returns: 88%
  • Bonuses: up to 100%; 25% or $500 (whichever is lowest) for first-time depositors
  • Supported trading platform: TechFinancials web, Android and iPhone

12. ETX Capital

ETX Capital is headquartered in London, UK, and regulated by the British Financial Conduct Authority (FCA). It trades in forex, equities, indices, and commodities, but note that binary options are unregulated by the FCA. Likewise, US traders are not accepted as of this writing.

The broker takes pains in educating newbie traders, explaining in detail binary options, risk trading, and other key topics.

The minimum deposit is $100, with returns between 75% to 85%. Bonuses are not specified but are available. A call to their support should specify a personalized bonus based on your investment. Likewise, withdrawals above $100 are free of charge.

The broker uses MarketPulse as a platform. It is clean and intuitive for beginners with expiry times easy to locate. However, it only supports English.

ETX Capital Key Features

  • Minimum deposit: £200 (around $260)
  • Maximum returns: 100%
  • Bonuses: varies, personalized
  • Supported trading platform: MarketPulse, web, Android, and iPhone

13. CMC Markets

UK-based CMC Markets has been a forex broker since 1989 but only went into binary options in 2020. Still, that’s a long history of trust and reliable operations compared to most binary options brokers. On top of that, it is regulated in the UK.

Today, it trades in indices, commodities, shares, treasuries, and forex, but US clients are not yet accepted. There is no minimum deposit, and there are no bonuses, too. Returns also vary depending on the product.

Meantime, the platform is customizable and includes charting tools, pattern recognition functionality, various screen layouts, and multiple timeframes. The system is accessible from Android and iOS devices. Support is UK-based and consists of live chat, email, phone, and fax.

CMC Market Key Features

  • Minimum deposit: no minimum deposit
  • Maximum returns: up to 95%
  • Bonuses: none
  • Supported trading platform: proprietary web, Android and iPhone

14. EmpireOption

Founded in 2020, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted. The broker trades in forex and CFDs with a diverse underlying investment portfolio.

The minimum investment is $200 and up to 80% maximum returns. Likewise, bonuses can reach 100%, but terms apply.

The trading platform is SpotOption but minus the SpotOption payment network. EmpireOption also uses its own branding interface and maintains control of most of the trading aspects.

Phone and email support are available.

EmpireOption Key Features

  • Minimum deposit: $200
  • Maximum returns: 82%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web, Android, and iPhone

15. BinaryMate

Binarymate is a UK-registered broker that is reliable as it follows the strict financial regulations of the UK. It accepts US traders. This broker uses a unique in-house platform for trading. You can earn a maximum return of 90%.

Trading accounts start with the basic Bronze package for which the minimum deposit is $250, and you get a 20% welcome bonus. For Silver account, the minimum deposit is $1,000, and you get a 50% welcome bonus. Finally, for the premium Gold account, the minimum deposit is $3,000, and you can choose between risk-free trades or a bonus of $250.

A unique customer support feature offered by Binarymate is live video chat with agents who are available 24/7. Support is offered in English, French, Spanish, and Russian. Last but not least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker, though, it’s always best to make a binary options brokers comparison first to make sure you pick the best service.

BinaryMate Key Features

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades
  • Supported trading platform: proprietary web, Android and iPhone

How to Succeed in Binary Options Trading?

Many people pursue to trade in binary options even though many fail. This is because of the ease of trading, coupled with the high-profit potentials it offers. However, with thousands worldwide continuing to trade in binary options every single day, is it still possible to succeed in this lucrative trade?

A good place to start is to have an authoritative list of today’s top binary options brokers. So that’s now a check. Likewise, make sure you have the appropriate payment gateway providers for seamless payment transactions. Finally, check out these key elements that will help you succeed in binary options trading:

  • Learn how to interpret historical, current, and predicted charts.
  • Test various trading strategies and use one that works for you.
  • Always consider market indicators.
  • Learn to control your emotions, use them to your advantage.
  • Trade by capitalizing on your strengths and follow your signals.
  • Prepare and stick to a personal, long-term trading plan.

Yes, because of the high stakes involved, trading in binary options is really difficult and high-risk. But if you’d take the time to learn the ropes and sustain your commitment to it, it is realistic to succeed in the binary options trade.

Check out our 2020年最受欢迎的15家二元期权经纪商:哪一家是最好的? article for a Chinese version of this article and 15 nhà môi giới quyền chọn nhị phân phổ biến của năm 2020: Ai mới là tốt nhất? is available for the Vietnamese audience. There is also a Korean version available here: 2020년 최고 인기 바이너리 옵션 브로커 15개사, 누가 최고일까?

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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Binary Options Trading, Strategies and Robots
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