Safest Binary Options Brokers

best binary options trading brokersHundreds of brokers are out there in the market offering binary options trading platforms. However, you need to exercise a great deal of caution and be one hundred percent sure that the platform providers you are considering are the safest binary options brokers. This will ensure that you are getting what exactly you are looking to achieve by trading binary options.

When checking out any binary option brokers’ sites, it is important find out where they are based. This is because countries such as the US, the UK, Australia, and Japan, among others, have better and stricter regulatory framework compared to others. If the broker is based out one of these countries, you can be sure to some extent that it is safe to work with them. However, there are other aspects to be checked out prior to opening an account on their platform.

When it comes to identifying the safest binary options brokers, you should research a little as to what people are saying about them. You can attach some value to word of mouth publicity as far as binary trading is concerned because the word goes around if any broker is not offering the best of opportunities to their clients to profit from their trades.

Regulation is another key aspect to be taken into consideration when searching for the safest binary options brokers to work with. This because regulated brokers are required to maintain their clients’ funds in an account which is different from the account they use for the day to day operations. This ensures a great deal of safety for your hard earned money. Further, regulated brokers are required to comply with a certain level of capitalization to avoid problems such as bankruptcy.

Additionally, you should never be tempted to open a trading account with a binary options broker that offers huge sign up bonuses. Some brokers resort to offering incentives like this just to attract customers, but often fail to deliver in other areas of binary options trading.

After ascertaining the various aspects discussed above to ensure that you are considering only the safest binary options brokers to work with, some of the other features you should evaluate include the following:

Small as well as large trades

Whether you are investing small or large amounts of money, the broker should be offering opportunities for all types of trades. Legitimate brokers often offer a diverse range of buying limits.

Multiple payment options

You must make sure that the safest binary options brokers you have shortlisted are not forcing you to make use of only one payment option. It is always better to work with platform providers that offer different deposit as well as withdrawal options.

No Limits

Many binary platform providers will not only place restrictions on how much profit you can earn per trade, but also specify limits on the amount you can cash out at a time. Therefore, look out for legitimate binary options brokers who do not place restrictions of any kind when seeking the safest binary options brokers to work with.

Here is brief information about some of the safest binary options brokers that we have shortlisted to help you choose one that best suits your needs:

Broker Min.Deposit Features Score Visit Site
Binary.com $5
  • Min.Deposit : $5
  • Regulated By MFSA, MGA, MiFID
  • Deposit Options: Credit/ Debit Card, Wire Transfer, WebMoney, Skrill, Netteller, Indonesian Local Deposit
  • Payouts : 80-90%
9.7Review Visit Site
IQ Option $10
  • Min.Deposit : $10
  • Deposit Options: Credit Card, Wire Transfer, Skrill, Qiwi, WebMoney, CashU, iDeal, Fasapay, Neteller, Boleto
  • Payouts : up to 91% **Amount to be credited to account in case of successful trade*
9.7Review Visit Site

** Risk Warning: The financial products offered by the company 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

IQ Option was established in 2013. The company, regulated by CySEC, is owned and operated by Iqoption Europe ltd in Cyprus. They take a “no frills” approach and offer binary options trading mainly to Russians and do not entertain clients from the US.

Trading platform: Proprietary platform that supports multiple languages
Demo platform: Available
Mobile enabled: Yes
Trade Types: Classic High/Low binaries
Payout for successful trades: Up to 91 percent **Amount to be credited to account in case of successful trade*
Account types: Real/VIP
Minimum deposit: USD10/USD 1000
Withdrawal: Minimum USD10
Asset Index: more than 500 (Commodities, Currencies, Indices, Stocks)

24option

24option, based in Cyprus, started its operations in 2010. The company is owned as well as operated by Rodeler Limited. Rodeler is authorized and regulated by the CySEC. US Traders cannot open an account on 24option platform.

Trading platform: TechFiancials platform that supports multiple languages
Demo platform: Available
Mobile enabled: Yes
Trade Types: High/Low, Above/Below; One Touch – Touch/No Touch and High Yield Touch; Boundary and High Yield Boundary; Short Term – 30 and 60 seconds, 2 minutes and 5 minutes
Payout for successful trades: Up to 89 percent
Account types: Standard, Silver, Gold, Platinum and Diamond
Minimum deposit: USD250
Withdrawal: Minimum USD10
Asset Index: Total 103 (Commodities – 11, Currencies – 30, Indices – 19, Stocks – 43)

Binary.com

BetOnMarkets.com, established in 1999 and based in Malta and the Isle of Man, was rebranded as Binary.com in 2013. The company, owned and operated by Regent Markets Group, is regulated in both Malta and the Isle of Man. This broker also does not allow US traders to open accounts on their platform.

Trading platform: Proprietary platform that supports multiple languages
Demo platform: Available
Mobile enabled: Yes
Trade Types: Rise/Fall, Higher/Lower, Touch/No Touch, In/Out, Asians and Digits
Payout for successful trades: Up to 110 percent
Account types: One account only
Minimum deposit: USD5
Withdrawal: Minimum withdrawal amount not specified
Asset Index: Total 68 (Commodities – 7, Currencies – 13, Indices – 19, Stocks – 29)

Banc De Binary

Banc de Binary, a Cypriot enterprise, was founded in 2009 and is affiliated with ET Binary Options, BO Systems and BDB Services, incorporated in Israel as well as the Republic of Seychelles. The privately held investment firm is headquartered in Limassol, Cyprus. Banc De Binary obtained the license to operate as an investment from the CySEC in January 2013.

Trading platform: Proprietary platform
Demo platform: Available, but can be used only for a limited period after the first deposit
Mobile enabled: Yes
Trade Types: High/Low, Pairs, Long Term and Sixty Seconds
Payout for successful trades: Up to 88 percent
Account types: Bronze, Silver, Gold and Lion Premium Account
Minimum deposit: USD250
Withdrawal: Minimum USD50
Asset Index: Total 173 (Commodities – 8, Currencies – 25, Indices – 43, Stocks – 97)

Anyoption

Anyoption, the binary options trading platform founded in 2008, is operated by Ouroboros Derivatives Trading in Nicosia, Cyprus. Ouroboros Derivatives Trading obtained its regulatory clearance from Cyprus Securities and Exchange Commission towards the end of 2012.

Trading platform: Proprietary platform
Demo platform: Yes
Mobile enabled: Yes
Trade Types: High/Low, Option +, Binary 0 to 100, One Touch and Long Term
Payout for successful trades: Up to 71 percent for in-the-money trades and up to 25 percent for unsuccessful trades
Account types: One account
Minimum deposit: USD200
Withdrawal: At least the deposit amount specified for your country; there is a fee to be paid if the withdrawal amount is lower
Asset Index: Total 109 (Commodities – 4, Currencies – 17, Indices – 27, Stocks – 61)

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