Binary Options Brokers
In our best binary options brokers ranking you will only find the most reliable and serious binary brokers online. These brokers will enable you the best binary options trading experience. Each broker that has been included in the table below has been reviewed. Check out the broker comparison list to find your best online binary options broker.
| # | Broker | Popularity | Min. Deposit | |
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| 1 |
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5 € | > Visit → | |
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Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities. |
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| 2 |
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5 € | > Visit → | |
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Binarium is a platform specializing in digital trading, designed to offer a quick and accessible entry into financial markets. It features a simplified interface that allows for rapid trade execution and analysis. Key features include a low barrier to entry with small minimum deposits and efficient withdrawal processes. It is designed for traders seeking a streamlined experience. |
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| 3 |
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n/a | > Visit → | |
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IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability. |
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| 4 |
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10 € | > Visit → | |
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Olymp Trade is a platform for fixed-time trades, known for its status system. It offers a proprietary platform with built-in training. Key features include a low entry threshold and an intuitive interface. Suitable for new traders focused on simplified trading mechanics. |
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| 5 |
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10 € | > Visit → | |
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Quotex is a digital broker offering a sleek proprietary platform for digital options. It focuses on speed and transparency. Key features include efficient execution, a customizable chart interface, and a low minimum deposit. Suitable for traders who demand a modern, distraction-free interface. |
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| 6 |
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10 € | > Visit → | |
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Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. |
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| 7 |
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$50 | > Visit → | |
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ExpertOption is a social trading platform that combines social networking with financial trading. Its interface is visually distinct and allows users to observe other traders in real-time. Key features include fast execution, custom analytics tools, and a variety of assets. It is suitable for social traders and those who value a modern, interactive user interface. |
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| 8 |
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10 € | > Visit → | |
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Binomo is a modern platform focusing on fixed-time trades, known for its efficiency. Its proprietary interface is built for speed and ease of use, offering continuous trading sessions. Key highlights include low minimum trade sizes, a demo account for practice, and fast verification processes. It is a choice for traders seeking a fast-paced environment. |
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| 9 |
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$50 | > Visit → | |
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Pocket Option is a platform known for its social trading integration and extensive asset list. It offers a gamified experience. Key features include a low minimum trade amount and a diverse range of payment methods. Suitable for traders seeking a modern and flexible trading environment. |
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Deriv
Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities.
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| Platforms | MT5 ✓ |
Binarium is a platform specializing in digital trading, designed to offer a quick and accessible entry into financial markets. It features a simplified interface that allows for rapid trade execution and analysis. Key features include a low barrier to entry with small minimum deposits and efficient withdrawal processes. It is designed for traders seeking a streamlined experience.
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
IQ Option offers a proprietary platform that is visually distinct and easy to use. It provides access to a wide variety of assets including stocks and options. Key features include a customizable interface, fast withdrawals, and support availability. Suitable for modern traders who value a superior visual experience and platform usability.
| Popularity |
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|---|
Olymp Trade is a platform for fixed-time trades, known for its status system. It offers a proprietary platform with built-in training. Key features include a low entry threshold and an intuitive interface. Suitable for new traders focused on simplified trading mechanics.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
Quotex is a digital broker offering a sleek proprietary platform for digital options. It focuses on speed and transparency. Key features include efficient execution, a customizable chart interface, and a low minimum deposit. Suitable for traders who demand a modern, distraction-free interface.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| Platforms | MT4 ✓ MT5 ✓ |
ExpertOption is a social trading platform that combines social networking with financial trading. Its interface is visually distinct and allows users to observe other traders in real-time. Key features include fast execution, custom analytics tools, and a variety of assets. It is suitable for social traders and those who value a modern, interactive user interface.
| Popularity |
|
|---|---|
| Min. Deposit | $50 |
Binomo is a modern platform focusing on fixed-time trades, known for its efficiency. Its proprietary interface is built for speed and ease of use, offering continuous trading sessions. Key highlights include low minimum trade sizes, a demo account for practice, and fast verification processes. It is a choice for traders seeking a fast-paced environment.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
Pocket Option is a platform known for its social trading integration and extensive asset list. It offers a gamified experience. Key features include a low minimum trade amount and a diverse range of payment methods. Suitable for traders seeking a modern and flexible trading environment.
| Popularity |
|
|---|---|
| Min. Deposit | $50 |
Binary options trading is a financial investment where the trader makes a prediction about the price movement of an asset, such as a currency, stock, or commodity, within a specific time frame. If the prediction is correct, the trader earns a profit, and if it is incorrect, the trader loses the investment. Binary options trading is considered a high-risk investment, as the price movements are often unpredictable and can result in significant losses. It is important for traders to have a solid understanding of the market and the underlying asset before investing in binary options.
What are binary options?
Binary options are a financial product, which allows you to trade on a wide range of financial assets, including currencies, stocks, bitcoin and commodities. All you need to do is correctly predict the direction of the price of the underlying asset within a designated time period.
When traders believe the price of the asset will decline, they purchase a "put" option. In contrast, when they predict prices will increase, traders purchase a "call" option. You have to select when you want the option to expire before you make your trade. The period of expiry can range from 60 seconds to 5 minutes to 1 hour to one week and so forth. As opposed to traditional trading, you do not purchase or own the underlying asset, but instead purchase a contract that, at expiration, pays out a pre-determined, fixed amount or nothing at all.
If your prediction is correct you can make a profit of up to 92% of your investment. This means that if you invest $100 on an option and the payout is 92%, you will make $92 profit if the option is a winning one.
How to trade binary options?
To trade binary options, you must first open an account with a broker that offers binary options trading. You can choose one of the brokers reviewed on this website, then you have to open an account with the selected broker. Once the account fully opened, it is possible to access to the trading platform where all the trading tools are available and all binary options as well.
The different types of options: high low, one touch, range
There are many forms of binary options:
- the High Low binary option is probably the most common and the most popular option. Winning the option requires that the price at maturity is higher than the initial price set when the option is bought, in the case of a Call option. Or, at the opposite, in case of a Put option, winning the option requires that the price is lower than the initial price.
- the One Touch binary option is also a popular option. To win, the price has to touch at least once a set price before the maturity. There is a reverse variant, called the No Touch option, where, in order to win, the set price has to be never reached before the maturity.
- the Range binary option : to win the option, it is necessary that the final price is between an upper bound and a lower bound.
Brokers reviews
There are many brokers that offer binary options trading. In addition to the comparison above, you can have a review, experiences, features, advices and tips for each broker, you just have to click on the "Review" button to be redirected to the page relative to the given broker.
Free demo account no deposit
Some brokers offer free demo account to try to trade binary options without deposit. That is ideal for traders who learn trading, but also for any trader wishing to test different strategies for free. When we open a virtual account, we have a definite amount of virtual money that we can spend on several trades.
Minimum deposit
To open a real account, you must deposit money, however, the minimum initial deposit required to open a trading account varies, depending on the broker. The minimum deposit is a data that is provided in the broker’s comparison above. . There are some brokers with a very low minimum deposit.
Minimum trade
The minimum trade is the minimum amount to make a trade. This data can vary from 1 dollar depending on the broker. However, some brokers may offer a differentiated minimum trade depending on the type of binary options for example the minimum may be 10 dollars except for 60 seconds options, the minimum amount could be for example, only 1 dollar.
Payment methods
Different payment methods are available to deposit money into an account. The most common payment methods are credit card payments and bank transfer. However, there are many other reliable and safe payment methods. Then, other local payment methods exist depending on the trader’s country of residence.
Bonuses
Some brokers offer different types of bonuses. First of all, the bonus for opening a real account, it is often expressed as a percentage, it is a portion of the amount of the first deposit. Loyalty bonuses and promotions are also offered regularly by different brokers . Some conditions apply regarding bonuses, for example, withdrawal is possible after a certain number of trades, so it is recommended to read the conditions for each promotional offer with a bonus.
1 minute / 60 seconds binary options
This is a particular type of binary option because the maturity is only one minute or 60 seconds, contrary to the more traditional maturities of several days or several hours. Some brokers offer even options with shorter maturities of only 30 seconds. In this case, some people think that it looks like gambling.
Forex and binary options
Forex deals exclusively on the currency market. With binary options, potential investments are much larger, it is possible to trade on the currency market, but also on the stock exchange, shares, indices, commodities like gold or oil. Possible underlying assets are much larger. Furthermore, many traders feel that it is easier to invest in binary options.
Mobile App : iPhone, iPad and Android
The vast majority of brokers offer mobile applications in order to trade directly from their Android smartphone or iPhone, or from an Android tablet or an Apple iPad. It is possible to download an app from Google Play (Android) or from the Apple AppStore (IOS). On pages dedicated to each broker, a link is available to be redirected to the official page of the broker’s application. In general, it is possible to trade as easily as from his computer, however, on some applications, some options are missing compared to what it is possible to do with the classic web platform or with the software to download offered by the broker.
