Get reviews of best binary options platforms 2020. Read now

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!

IQ Option Review

IQ Option entered the binary options market in 2020 and immediately became a hit among traders. Their appearance enabled the whole industry to gain a lot of popularity, primarily because this broker offered access to binary options trading for next to nothing. This allowed many people to see what this type of trading is all about without ever having to invest any big amounts. Of course, had this been the only good feature about this broker, the company would never reach the status it enjoys today, and we are here to show you why IQ Option is one of the best choices you can make when selecting a broker.

Today, their offer far exceeds that. After examining the company thoroughly, our experts will share their impressions with you in this IQ Option Review, so sit back, relax and let us introduce you to this great broker.

Trading platform

We begin this IQ Option Review with something new and very exciting because if there’s one thing that is certain to attract a lot of attention, it’s this broker’s new platform. IQ Option 4.0 brings a truckload of innovations to the table while retaining all the best and most important features.

This is the very first trading platform in the world based on WebGL technology, so you will be able to keep track of up to nine charts at the same time without having any trouble managing them.

Everything is perfectly designed and the platform’s functionality is absolutely superb. Loads of most popular tools and indicators are also available, with their selection being updated regularly, so you will have no trouble tracking an asset’s movements. Speaking of assets, there are more than 500 of them, and they are divided into stocks, ETFs commodities, currencies, and indices. There are also plenty of different technical indicators (MACD, Bollinger Bands, Volume, Alligator, RSI, MA, Parabolic SAR, ADS, ATR, Ichimoku cloud, CCI, Fractal, DPO, KDJ, Belkhayate Timing, and Stochastic and Awesome oscillators). Combine that with the five charting tools available – Bars, Candles, Hollow Candles, Area, and Line – and you get a platform with an incredible variety of options.

As of February 2020, the platform has two very interesting and helpful features that will help traders react even quicker than usual. From this point on, every asset has its Asset profile. Just click the info button below the asset’s name when you’re on the platform and its profile will pop up to give you a short overview and inform you about the trading conditions in real time. The other feature is a detailed Market analysis which collects all the news from the financial market and sorts them in four categories. Therefore, you never have to leave IQ Option platform to browse the internet for the latest data. Everything will be just a click away.

To top everything off, the returns you can get here sometimes get as high as 100%. These are the highest returns in the industry! In addition to all that, the best financial agencies remain IQ Option’s data providers, so you can rest assured you’ll have the latest quotes at your disposal. Keep reading, this IQ Option Review still has a lot to cover.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

IQ Option Mobile Trading App

As is the case with all serious companies in this industry, IQ Option also has a way to provide you with a way to trade on the go. However, the thing that sets this app apart from most other similar products is the fact that it can be downloaded to pretty much any platform and operating system you can imagine.

We’ll start with what more experienced among you will already expect – IQ Option iOS and Android versions are readily available, meaning that you can head on over to Google Play or the App Store and download your app completely free of any charge. Your mobile device will therefore allow you to access all of the most important features of the company’s offer (low financial requirements, free demo, non-stop support etc.), plus you will even have access to trading cryptocurrencies through CFDs.

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!

IQ Option Trading Platform 4.0

But that’s not all. There are other versions of the app you can download, but these are primarily designed to be used on your desktop and laptop computers. Naturally, IQ Option Windows version is there for you to enjoy, as is IQ Option Mac version, but Ubuntu users weren’t forgotten either. You can get these apps from the download page of the broker’s website and there you will also find the system requirements for each version of the app. Of course, all of this is free.

So, no matter what kind of device you have on you, you will be able to trade with this broker. IQ Option Mac, IQ Option iOS, IQ Option Windows and other great choices will help you stay in touch with the market. And there really is a lot to stay in touch with – the amount of assets is extremely impressive here. Read on and choose your target.

IQ Option Cryptocurrenies

In the last year or so, cryptocurrencies have become immensely popular with online traders. There are hundreds of coins you can invest in, and the market is extremely vibrant and exciting. IQ option cryptocurrencies are an excellent example of how in tune with the market this company is because they have gone all out on this right from day one. 17 different coins are available for trading, and all of them are the industry’s most popular assets. Each can be analyzed quickly and thoroughly and bought with a single click.

But IQ Option cryptocurrency trading stands out from the crowd thanks to an important feature – multipliers. You see, with this kind of trading you can get x5 multiplier, which will effectively mean that all your profits (and losses) will be calculated as if you had invested five times more. In other words, even if you’re not investing a lot, with this multiplier your crypto investment can become absolutely huge. At the same time, you can also benefit from even the smallest market movements because they can be magnified significantly if you’re using a multiplier. But on top of all that, IQ option cryptocurrency section has another surprise for those of you who are interested in this type of investment. A really big surprise. So big, in fact, that it deserves a paragraph of its own in our IQ Option Review.

IQ Option Available Cryptocurrencies

IQ Option Hodly

IQ Option Hodly is the broker’s crypto wallet which allows you to store, but also buy and sell various cryptocurrencies. A product like this is not found very often when you’re examining what other brokers have to offer, so we can certainly give these guys points for originality in this case. Yes, you can buy and sell cryptos directly from your Hodly wallet, which is a huge advantage. This is done through an exchange that comes with the app, so you don’t have to worry about a thing. On top of that, all transfers between Hodly users are completely free.
Apart from this, we have to say that this wallet is very easy to use thanks to its excellent design. More importantly, though, it is also extremely safe to use because most of the funds are kept offline. In addition, your data will be protected by encryption and a two-factor authentication system. Since IQ option is behind it, you can be sure Hodly adheres to all the standards a wallet of this kind should have implemented. Other interesting and helpful features are also present, but we will let you find some things out for yourself. You’ll be delighted when you do. But the bottom line is that crypto-wallet is an excellent choice for both pros and beginners because o its usefulness and simplicity. Now that we’re done with the crypto part of this IQ Option Review, we can take a look at another very important type of trading that is offered to you here.

IQ Option CFDs

As time passed and the company kept developing, it soon became apparent that IQ Option CFDs have to be introduced. Today, this is one of the most popular modes of trading on the broker’s website. Everything you need is here: loads of assets you can use this type of trading on, stop loss orders, take profit orders, and pre-orders you can set in order to manage your trades more efficiently when you’re not in front of your computer. There are also plenty of tools to help you predict market movements accurately.

Since we’re on the subject of stop and loss orders, we would like to draw your attention to a very useful tool, which helps a lot with IQ Option CFDs, but potentially with other forms of trading too. The platform on this website comes with the autoclose feature which allows you to automatically exit a trade once a certain amount is reached. The feature works on the basis of percentages, so you will need to determine how big of a percentage loss you can stomach or how big a profit you want to take. Of course, you can potentially miss out on some great profits this way because the price may continue going your way even after the autoclose feature does its job, but on the other hand, it’s great for preventing significant losses.

But back to IQ Option CFDs. The main financial requirements remain the same, only you never have to worry about expiration times here. As long as the market is heading your way, you will profit with IQ Option CFDs. Stocks, forex and crypto are the main types of assets you can use CFDs on, but there were some innovations in that regard on this website, and we will talk about them in just a minute. What we have to say first is that you can expect leverage here in full accordance with the rules of the European Union, which is another excellent example of how careful this broker is that everything is done by the book. In addition, it is also very easy to acquire information about the asset you want to invest in while on this website, which is another big plus here. But if you want to trade on this website, you will need to open an account. Here’s what you need to know about that.

Accounts

The next part of our IQ Option Review will deal with the broker’s account types. Apart from a completely free IQ Option Demo Account which doesn’t even require a deposit from you, there are two more possibilities for you to choose from – Real and VIP account types. Both of them are extremely well equipped and they offer some very interesting features, too.

IQ Option Demo Account

The VIP account offers some additional useful features such as monthly analysis or a personal manager. You will notice we haven’t yet mentioned the minimum amounts needed to start trading with this broker in this IQ Option Review and that’s because we have a separate paragraph for it. Read on, it’s just below.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Financial requirements

Financial requirements are what propelled this broker to the top of this industry and our IQ Option Review would be seriously lacking if we didn’t mention them. In fact, our regular readers will know that we declared this company to be the Best Binary Broker in 2020 in this particular category.

So what’s so special about IQ Option? Well, your minimum deposit requirement is only $10, for starters, and you won’t find better deals anywhere else on the market. With these ten dollars, you can open a Real account and enjoy all the benefits it has to offer. Furthermore, the minimum trade is set at only $1 (for binary and digital options), $20 for forex and CFD positions and $30 for fx options, but you can invest up to $5000, which provides you with complete control of your account funds. Again, you won’t find a better deal anywhere else. Want to make a withdrawal? You only need two dollars in your account for that!

Finally, we should mention that the total amount of deposits should exceed $3000 if you want a VIP account, which is, once again, way below anything other brokers have to offer when it comes to their top-tier account. But it’s not just the low requirements that make this broker so attractive – high payouts are pretty important, too. As a matter of fact, payouts of up to 91% in case of a correct prediction are among the highest in the industry, so you really can’t go wrong with this broker. (November 2020 update: – There are some assets at the moment where IQ Option is offering 100% return on investment). With this topic out of the way, we still have some things left to discuss in this IQ Option Review, so stick with us just a bit more.

IQ Option Deposit

IQ Option deposit methods and safety

If we want this to be a good IQ Option Review, we have to analyze how safe transferring money to and from your account actually is. First of all, we have to say that this is a CySEC regulated broker, meaning the company fulfills all the necessary requirements of the EU. Numerous prizes also prove that IQ Option takes their clients’ safety very seriously. However, due to specific legislation, the broker cannot accept traders from the following countries: United States, Russia, Canada, Australia, France, Japan, Belgium, Turkey, Israel, Iran, Syria, and Sudan.

When it comes IQ Option Deposit Methods, you get to choose between bank wire transfers, Visa, Maestro, and MasterCard credit cards and several online transfer methods such as Webmoney, Skrill, Neteller and much more. Everything this broker has to offer is designed to make this type of trading as accessible as possible, so all you have to do is find the winning IQ Option Pattern.

Recently, however, more good news appeared concerning IQ Option payment methods. You now have more options than ever before because the broker has added AdvCash to the list, which is a method pretty much all countries can use, even Brasil and China. Furthermore, TrustPay is now available for traders from the Czech Republic and Slovakia, Przelewy24 for Poland, MyBank for Italy, Trustly for Germany, Entercash for Austria and Germany, and Giropay also for Germany. Therefore, you really can complain anymore about IQ Option payment methods one bit.

But probably the biggest win in this respect the company has achieved is introducing IQ Option PayPal deposit. It took them a while, but even PayPal could not resist partnering up with an illustrious broker like this. When it comes to online transactions, you can’t do any better, so think of this partnership as the ultimate proof of IQ Option’s quality and reliability.

IQ Option Bitcoin deposits are also an option, which has to be mentioned in this IQ Option Review, too! However, the process is a bit more elaborate here because you will have to have a Cubits account to make this work. From your Cubits account, you will be able to easily transfer your funds to your trading account. The great thing about IQ option Bitcoin deposits is the fact that through Cubits you can actually pay in fiat currencies and then exchange that for BTC. Your funds should be visible in your account balance as soon as Cubits verifies the transaction. But this is just the beginning of new features that have been added here recently. IQ Option Review has more!

IQ Option Deposit

New and unique features

Don’t think that new IQ Option features boil down to adding a new indicator every now and again (they actually do that very often and quite regularly, so you will always be on top of things). Oh no, things are much more serious than that.

Traders will love the fact that a whole bunch of currency pairs were added to the offer recently, so now you can invest in about 40 new pairs which contain some pretty exotic things like MXN or TRY, for example. On top of that, some new CFDs have also become available, but these focus on commodities. That boosts the number of IQ Option CFD options by quite a bit. Finally, cryptocurrency traders have something to look forward too, since Bitcoin x100 has been made available, as well. More casual crypto traders will be able to mage larger moves this way.

Apart from new trading assets, new IQ Option features that can help you get the right piece of information at the right time have also been added. Not too long ago, new IQ Option indicators were added to the list. KDJ, Ichimoku Cloud, Belkhayate Timing and DPO are now there to help you. They are excellent to have around when you’re looking for trends, but Belkhayate Timing is actually an oscillator, so you can get an idea when you should enter or exit a trade. Definitely, these new IQ Option indicators prove that the company is very careful when if comes to providing the latest features to its clients.

But that’s just the beginning. The broker’s Smart Newsfeed can also help out a lot. Now you don’t have to waste valuable time checking various sources for the latest market news. With Smart Newsfeed, everything you need to know will pop up if you click the market Analysis button when logged in. After that, you will see the condensed version of the most important news , and then you can take it from there. The thing is, depending on what your interests are, you will get the relevant news from that field. Ingenious, right?

A new IQ option feature has appeared in the chart section, as well. More experienced traders among you will definitely want to check out Heikin-Ashi. It’s a new type of candlestick charts, but with a twist – it can easily serve as a trading indicator due to the way its main four points are calculated. With just a little bit of practice, you could gain a powerful tool in predicting future movements. Just check the Chart Type part of the platform and choose Heikin-Ashi. It’s as simple as that.

Consider this: all these features have been added in the last couple of months or so. Therefore, you can clearly see that the company is working day and night to make sure their offer is always up to date. But we have just scratched the surface here. IQ Option Review brings you more amazing features.

Investing in options with IQ Option

IQ Option as a name was carefully chosen for this company. They started out as a binary options broker, but now they offer two more types of options – digital and the aforementioned FX options. You probably know already how binary options work: simply choose an asset and try to predict whether its price goes up or down. You can also set your expiration date to be anywhere from 60 seconds after opening your trade to the end of the month.

IQ Option digital options are a bit different. Here, you choose the strike price yourself (i.e. the point an asset’s price has to reach). If that point is reached and depending on how much it is surpassed, you can get returns for your investments of up to 900%! Another difference is that you can only trade in intervals which last between one and five minutes, so you have to be quick to act. Exciting, isn’t it? However, we have to point out that due to strict EU regulations, both IQ Option digital options and binary options are available to professionals only.

Fortunately, if you’re a casual trader, there is no reason to worry. Just a few weeks ago the broker introduced their new fx options, a unique product perfectly aligned with the latest ESMA regulations. FX options come with more freedom and choices to manage your trades however you see fit even before they reach their expiry time. Surely, forex traders will love this. So, digital, binary and FX options, the choice is yours with this broker.

IQ Option Review – Conclusion

Without any doubt, IQ Option is among the very best brokers in the world, and we hope this IQ Option Review explains why. Clever business policy and its flawless execution attracted tens of thousands of traders to this company. With minimum investments, you can really see what binary options trading is all about and you will be extremely well protected every step of the way. A great new platform will also help you have a perfect trading experience, plus you can download the broker’s app in several different versions. But you don’t even have to spend any money if you just want to check things out here – simply open a demo account see what the broker has to offer that way. However, in that case, you’ll be missing out on all the thrills all types of online trading can provide, thrills that are certainly worth a dollar or two. So open an account with IQ Option today if you want a complete trading experience.

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

DISCLAIMER: Binary options are prohibited in EEA.

Binary Options Affiliate Programs

The Complete Guide To

Binary Option Affiliate Marketing

So you’ve heard a few things about Binary Options. Some good, some not so good, and some just downright confusing.  You may not even be sure what these are let alone how to become an affiliate or start promoting this instrument.

Good news.В This article is going to solve all these questions for you and maybe a couple you didn’t know to ask. It’s going to provide a definition with some easy to understand examples, you will see how and why you should be promoting binary option trading, how to sign up to an affiliate program and you’ll even see some examples of the earning potential these programs offer.

What are Binary Options

Binary Options are a simple financial instrument which allows anyone to trade price fluctuations in markets throughout the world – without having to own anything.В

It’s easier to think of these options as a cross between the more technical financial market trading and simple gambling. You basically pick the market you are interested in, for example: NASDAQ share market or EUR/USD foreign exchange pair, decide whether you think the price will go up or down over a certain period of time and then purchase the corresponding Binary Option.

Types of Binary Options

As these Binary Option markets have grown, platforms/brokers have started to offer different types of Binary Options. В

The traditional method – outlined above, is what’s known as a ‘High-Low Binary Option’ and is the one we will focus on today.В

Others you might come across include: ‘One-Touch Binary Options’ (where the price just has to touch a certain point during your specified time) and a ‘Range Binary Option’ (which allows traders to select a high and low to determine a range the price will fluctuate between during the course of their Option’s time frame.)

It will depend on the specific broker as to what types of Binary Options are offered so you will just need to do a little research to make sure the type you want is offered when considering a broker.

Typically, when you buy a Binary Option, you have to hold it until it finishes (or is ‘executed.’) Again, this can vary between brokers and some may allow you to exit the trade before the Option is executed but there will generally be a lower pay out or a fee associated with this action.  You need to read the terms and conditions for each broker to find out their exact processes.

U.s. vs Rest of the World

We’ll just take a second here to advise that the Binary Option market has some big differences between the US and the rest of the world. В

The most important thing to note is that most foreign binary option brokers are not legally allowed to sell to residents of the U.S. unless they have been registered and regulated with the Securities Exchange Commission (SEC) or Commodities Futures Trading Commission (CFTC.)

This just means that if you are considering the idea of becoming an affiliate for a Binary Options brokerage, you need to identify where your target audience lives and thus what Binary Option brokers are appropriate for you to promote.

В If you will be targeting people living in the U.S. you might want to check out some Binary Option platforms that are operating there.

A trading example

A more thorough example of a traditional High-Low Binary Option trade including some technical terms is explained below:

Earlier I mentioned that you could think of the Binary Option as something between a straight up gamble and a fully blown financial market activity like buying shares or trading foreign exchange.

This is because Binary Options use the financial world markets as a base to calculate the ‘win’ or ‘lose’ scenario for the option.  It’s like you are gambling on the price change, however, because it’s based on real world actions (and not just a dice roll or flip of a card) anyone trading Binary Options will feel more in control as they can make decisions based on research.

Binary Options are also known as ‘All-or-Nothing Options’ or ‘Fixed-Price Options.’ This is because there are only two outcomes to your Binary Option contract – you win or you lose. В And both outcomes have pre-determined numbers.В

Let’s say you’ve been researching about Company X. You’ve looked at their financials, read about their Board and seen some positive articles in the news lately.  You decide that you quite like this company and feel it’s going to increase in value.  One method for investing based on this research is to buy a Binary Option.  You might purchase one stating that the share price of Company X will be above $12.54 at 3:15pm on a particular day.

You pay $100 for your Binary Option and it has a pre-agreed payout of 65%. В That means that when the option is executed (or completed) – which will be at 3:15pm on the particular day you chose when purchasing it – you will either be right or wrong with your investment. В

The share price will be above $12.54 as you thought, or it will be lower.В

If you were right and the price was higher at the specified time, you ‘win’ (or your option has finished ‘in-the-money’) and you receive $165 back.В

В If you lose (finish ‘out-of-the-money) then you receive $0 back. В

No matter where the price ends up when the Option is executed, you cannot ‘win’ more or less than $65 and you cannot ‘lose’ more or less than $100. Your risk and return is fixed from the outset.

Pro’s and Con’s of trading Binary Options

The simple nature of Binary Options means it’s a great instrument to allow people to be involved in the financial world without needing to have complete understanding of how the sharemarket works or how to buy and sell foreign exchange.  It’s also more interesting than simply gambling as the results are based on real world contracts and activities, giving investors more control in the outcomes.

There are no liquidity concerns, as you are not purchasing any underlying assets and platforms/brokers can create any number of different options which provides plenty of variance for traders to choose from. В This also means that traders can buy Binary Options based on any asset class around the world – giving them exposure to any product desired.

The fixed price aspect of these options provides a safety net in a sense that you cannot lose more than the option cost.  You cannot become liable for any further losses no matter how ‘wrong’ or how ‘out-of-the-money’ you were when the Binary Option was executed. On the flip side, your return or ‘win’ is also set to the predetermined amount. This means when trading Binary Options it’s easy to consider the risk-reward scenarios as you already know your exact two outcomes before any purchase is made.

The downside of these Binary Options are that unlike traditional options, the holder does not have any right to purchase or sell the underlying asset. В This means in the example above, your investment is simply mirroring the changes in the share price of Company X – at no time do you own any shares or have the option of owning any shares from your Binary Option.

Risk Warning

Trading in binary options is highly speculative, involves an outstanding risk of loss and is not suitable for everyone but only for those investors who: (a) understand and are willing to assume the economic, legal and other risks involved; (b) are financially able to assume the loss of their total investment; and (c) have the knowledge to understand binary options trading and the underlying assets.

How do Binary Option affiliate programs work?

Now that you know what Binary Options are and how they work, we need to learn how to sign up to act as an affiliate and how to promote Binary Option trading to your audience. В

How To Register

This is the easy part. В All you need to do is browse through the available affiliate programs and compare them to find the best one for you – services differ in terms of commission rates, customer service and support in creating adverts and content. В

Once you know who you want to sign up for (and it may be more than one depending on your personal situation) you can simply click on their sign-up link, fill in your details to create an account and begin advertising your affiliate link to your audience.В

This is where it can get a little trickier and where some of you may prefer the programs with more customer service and support overВ higherВ commission.

How do you promote Binary Option trading to your audience

Now that you’ve signed up to an affiliate program and have your very own affiliate link you need to consider how to promote this to your audience to get the best results.

You might have a website with a certain number of visitors each month, a dedicated email list or maybe even a growing Facebook page or twitter account. There are many forms that your lists can take these days but no matter what platform you use, it’s important to tailor your adverts to your specific audience.

Generally there are three types of traffic interested in Binary Options trading; Traders, Gamblers and those who want to ‘make money online.’ Each of them have different ‘needs’ in terms of what they are looking for online and what type of advert or content will convert them into a user and earn you that commission. В

Gamblers are more likely to be after a thrill or a quick, simple way to get started.  They may be attracted by the flashing banners or an interesting sign up bonus (as an affiliate member, your program partner may offer you some exclusive sign up bonuses you can promote.)  Make sure you don’t bore them with in-depth technical terms or even too much detail on what Binary Options are.

The other group not too interested in technical terms are those who fall into the category of ‘wanting to make money online.’  These people don’t want a lot of jargon or big financial phrases in the explanations but they will require more nurturing than the gamblers. Adverts targeting this group need to throughly explain the process and the risk/reward presented by Binary Options trading in layman terms and probably walk them through various examples.

Traders are the final group likely to be interested in Binary Options and are probably the most ‘financially’ educated audience.  You can make use of more technical terms in explanations and adverts containing more information, in-depth reviews or comparisons are likely to be more effective in achieving a conversion.

Now that we know there are different platforms your audience is connected on AND that your audience might fall into different categories of traffic based on their needs, we need to think about the most effective way of delivering your affiliate link to them. Here’s a few ideas to get you started:

  • Banners – this is probably the most common method of promoting your affiliate link and simply means placing a banner on your website or within an email. В This will just look like another advert except your payoff is potentially a lot higher. This is also the easiest as most affiliate programs will already have a supply of pre-built banners you can simply add to your webpage. Likely to be more effective with the gambling traffic type.
  • Discussion – if your audience is built around reviewing financial products, or ways to make money online then it could be as easy as doing a write up about Binary Option trading. You can even use the information in this article to help explain it if you need. With this method you’re simply telling your audience about Binary Option trading and then recommending your chosen partner and sending your audience to their page through your affiliate link which is inserted into your article. В If you’ve used simple terms in your explanation then this might be the best method to target those who ‘want to make money online.’
  • Reviews/Comparisons – this is a slightly more in-depth method and may involve building a new website or adding pages to an existing one. В If you’re targeting an email list, Facebook page or twitter account then perhaps it will be in the form of a blog post series. This strategy really starts to pay off if you’ve joined multiple affiliate programs. As you review and compare each program, just insert your your affiliate link at the bottom of each write-up and then no matter who your readers choose to go with, you should be rewarded with a commission. В The other benefit of this strategy is that you are providing education about this relatively new concept and beginning to set yourself up as an expert in the Binary Options trading arena – meaning more traffic and more commissions.

Why Promote Binary Option brokers?

The world of Binary Options trading is exciting. Once you’ve explained to someone how it works, and they realize the simplicity and speed with which they can get started and begin earning profits, conversions can be a lot easier than through other affiliate products.

The Binary Options market has experienced incredible growth since 2008 when the US Securities and Exchange Commission (SEC) ruled that Binary Options no longer had to be traded on an exchange and the advent of online trading kicked-off.

Since then, growth has been exponential and experienced a serious increase of interest after 2020 when some jurisdictions reclassified Binary Options trading from a gambling product into a financial instrument.

Even if we just look at the Nadex, which is a regulated US exchange for Binary Options, we can see that in the last year, when comparing the second quarter (Q2) of 2020 with Q2 2020, the volume and total number of trades is up nearly 40%. ‘The growth in trading volume reflects continued mainstream enthusiasm for exchange-traded binary options and spreads’.

As the Binary Options trading market matures and becomes more regulated, growth will continue. If you can establish yourself as a respected source of information, comparisons, reviews or discussion to your network now, then there is great future potential for your business.

There are numerous benefits of becoming an affiliate and promoting Binary Options trading to your audience. These are some of the reasons why you will achieve great responses to your promotions and high conversions:

  • Simple processes – from opening an account to doing your first trade, operating in the Binary Options market is very simple. Accounts can be set up in minutes online and the individual brokers you are promoting generally have great customer support which assists with conversion of your audience.
  • Education material – most brokers offer free education materials and demo accounts. В This is a great lead in for your audience, especially if they are unsure and want to learn more about the market. В Whilst it’s very simple to understand and get started, there is also a lot of education available to enhance their chances of becoming a successful trader.
  • Scale of Complexity – this market appeals to a wide range of groups because traders can be as involved as they want. В If they are more of a ‘gambling’ type then they can get started immediately and place their trades. However, for those that like to feel more in control and make ‘calculated decisions’ there is a lot of education they can undertake in order to learn principles about the financial markets or a specific commodity they intend to trade on. This in turn builds confidence and excites them about the prospect of trading through Binary Options.
  • Competition – as the market grows it becomes more competitive and brokers offer all sorts of promotions to attract new clients. The more offers there are, the more likely your reader will sign up to trade with one of your affiliate brokers.
  • Trading System – low trade size (low minimum deposits and trade values), high returns (up to 90%), limited risk (your potential loss is known and set at the beginning of a trade), and short term trade periods (from 60 seconds) all work to create a trading product that is very appealing to a wide range of different people.

Types of commissions

There are multiple different ways for you to earn a revenue as an affiliate of these brokerage firms. You will need to decide what type of revenue suits your needs best and then compare what methods are offered by each broker.

  • CPA (Cost per Acquisition) – you will be paid a certain amount for every new client that signs up with the brokerage firm after using your link. The revenue really does vary between firms but you may commonly see $200 – $400 per acquisition. One important thing to find out is how your reader will be tracked (how the ‘cookie’ is treated) – which means if someone uses your link but ends up signing up a few weeks later do you still get paid? В Some firms offer ‘forever cookies’ meaning that at any time in the future if that person signs up you receive your commission. В
  • CPL (Cost per Lead) – similar to CPA, cost per lead pays a set amount per lead provided to the firm. This typically generates a smaller fee of around $10-$40 per lead, however not many programs offer this type of commission structure.
  • Revenue Share – this deal rewards you for every trade the investor makes with that brokerage in the future. В The rate is usually around 35%-40% and is either based on new deposits or net revenue generated by the investor.
  • Hybrid – this is a mix of the CPA or CPL and Revenue Share options. В Generally you will receive a smaller lump sum payment for each acquisition and a lower percentage return for the revenue share. В This may be something like $150 per CPA and 20% revenue share.

How much is possible to earn?

It’s very hard to estimate how much you could earn because of all the varying factors – how big your audience is, how successful your promotions are, which affiliate program you join and what commission structure you choose.

For arguments sake, lets say you have 10,000 site visitors per month and convert 0.1% of them into a customer for your chosen affiliate program which pays you $300 CPA. This means that every month, you are converting 10 people into traders for your brokerage firm and are receiving commissions of 10*$300 = $3,000.

It gets harder to predict potential income under revenue share or hybrid commission structures but have a play around with this equation based on your own audience size, conversion rate and commission details. You might be quite surprised.

What to consider when choosing a Binary Options affiliate program?

Congratulations on making it this far. Now that you have a solid understanding of what Binary Options actually are and how the various affiliate programs work, it’s time to drill down and identify the right program(s) for you. В

You can visit our list of trusted affiliate brokers to compare them against your new-found knowledge. В

Remember that the key points to look out for are:В

  • Location – whether the program is legally allowed to offer services to clients in the US if that’s where your audience is.В
  • Reviews – read as much about each broker as possible to make sure you have an understanding of how they work and what their track record is.В
  • Support and Customer Service – how easy is it to work with each firm and what level of service do they provide to the clients you send their way.В
  • And finally, commission – what payment structures are offered and what are the rates. How does this compare to what you need?

If you go in open-minded and remember to research each broker using the points we’ve covered here, you should come out feeling very confident as an affiliate partner for a trusted Binary Options brokerage, and ready to start converting your hard-earned audience into real dollar returns.

How to Choose the Best Binary Trading Platform

Binary options trading is a great way to make a significant profit by accessing and trading the financial market, however it is essential to select the right binary options platforms to ensure success. Choosing one of the top binary options platforms can have a major impact on a trader’s overall success. There are a number of factors which need to be considered when making a choice between the various binary options software providers on the market today. Here we will look at the different aspects to be borne in mind so that you can make an informed decision as to which are the best binary trading platforms for your needs.

Return Rates

It is important to choose one of the top binary options platforms that offer a good return rate on profitable trades. A platform which offers at least a minimum of a 68% to 70% return rate is the best option, with a trader being able to make greater profits when the platform offers a higher percentage of returns. Because payouts can be determined before trading, it is easy for traders to understand the loss rate and profit before they place a binary option trade, and therefore they can choose accordingly.

Most traders want to select one of the binary options software providers that offer a great variety of assets to choose from. The best binary trading platforms all offer a good selection including commodities, stocks, currency pairs, Bitcoins and market indices across many industries and global markets. This enables traders to enjoy a greater variety of choice, selecting various assets to complement and develop their binary options trading strategy. While some platforms allow traders to access hundreds of different assets, others restrict their users to a much smaller number, so it is essential to check that the particular assets that you are interested in trading are available from your chosen platform.

Flexibility

Another key facet of binary options platforms is that they should offer plenty of flexibility with regard to trade execution. Apart from offering a good choice of assets, they should also allow traders to trade binary options across a range of expiration times. Traders should always choose binary options platforms that suit their trading style, so looking for a platform that offers both short-term (such as 30 second and one minute) expiry times and long-term (such as weekly) expiry times is a good idea.

Mobility

In these modern times, increasing numbers of traders prefer to trade while they are on the move. Top binary options platforms ensure that this need is met by offering advanced mobile trading platforms. Traders who prefer to trade on the go will be able to generate additional income and execute trades at convenient times by accessing software on mobile devices such as tablets, iPads and smartphones. Around 40% of binary options trades today take place on mobile devices, so it is vital to select binary options software providers who have a technologically advanced approach and have developed mobile responsive sites if you are a trader who wants to be able to access your trading account no matter where you are.

Reputation

It goes without saying that you should always look for binary options platforms that have a good reputation in the industry so that you can rest assured that your finances and personal details are in safe and trustworthy hands. You should take the time to check online expert and user reviews of your chosen platforms in order to check how well they perform before making a final decision about which are the best binary trading platforms for you.

Customer Support

A high quality customer support team should never be underestimated. Whether a novice trader or someone who has plenty of experience in the field, there are still bound to be occasions when some assistance is required or a question needs to be answered. Take the time to check the extent of customer service facilities that are available to registered traders. Most of the best binary trading platforms offer multiple ways of contacting their support teams including email contacts, telephone helplines and even online chat facilities. Remember to check the languages that support is offered in as well as the hours of operation to ensure that their support centre can meet your needs. You should also read user reviews to check how responsive each platform’s customer support team is, as you will want to be certain that any queries will receive a prompt and efficient response.

Funding Options

It is imperative to select binary options software providers that offer a range of quick account funding options. As a trading opportunity can crop up rapidly, it is vital that a trader can credit funds to their account safely and quickly in order to take the best advantage of trading opportunities. It is best to choose binary options platforms that offer a selection of ways to pay funds into an account including traditional methods like MasterCard, Visa and bank transfer as well as more contemporary e-Wallet methods like Skrill.

Bonuses

Many of the top binary options platforms offer excellent bonuses and promotions both to existing and to newly registered traders. It is possible to maximise profits by taking advantage of one of these deals offered by one of the best binary trading platforms.

Security

Always choose a binary options software provider that has a safe and secure website so that your personal and financial data will never be compromised. A site which has SSL security will guarantee that your credit card information will be securely encrypted and therefore protected from any potential hacking problems.
If you consider all of the above factors when comparing the various platforms that are available on the market today, you are certain to be able to choose the best binary trading platforms to suit your needs. Making the right choice of platform will enable you to achieve success in your binary options trading venture and to have the best chance of maximising your profits.

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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