List of the Best Binary Option Brokers - 2019
The choice of a good Broker is undeniably one of the hardest steps to successfully trade as a beginner. My Binary Options Broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.
Mini Deposit
10$ CReate your account
10$ Create Your Account
5$ Create your Account
50$ Create Your Account
10$ Create Your Account
Binary options is a financial
instrument to trade worldwide assets with the possibility of a high return on
investment. It is like betting on rising or
falling markets. There are only 2 options, that is why it is called “binary”.
You can win a high return of 75 – 95% in a selected time horizon or you lose
the amount of your investment. It is so popular because it is a way to trade
the markets very fast (5 minutes or less) and easy. I have to mention here you
can trade it long term too.
The
criteria of the Binary Option Broker 2019
Criteria for a good and reliable
Binary Options Broker:
- The official physical address of the broker
- Regulation or license
- Free Demo account
- Experience in the markets
- Good support and service
- High asset profit and fast execution
- User-friendly trading platform
- A platform for mobile trading
Reliability
100%
Service
100%
Platform
100%
Reliability
of a broker and safety for traders
It is important to look at how long
the broker has been on the market.
I easy checked it on the homepage from the financial companies. A good broker
provides you with all the information which you want to know. Some companies
got an international regulation or license. Also, this is good for reliability.
In addition to that, I checked the address of the brokers in this review. As
a trader, you want to see clearly an official address of the company. At
latest a trader should trust a broker. If you are not sure, just invest a less
amount of money first and check the platform by yourself.
Official regulation and license are
very important
High
payout and asset return of investment for Binary Options
One of the most important point to
consider is the asset profit.
The average of the payout in this review is 75-95% for each Binary Options
trade. There are differences between the brokers. Every trader wants to make a
high profit in trading. If one broker got less asset profit like – 5%, this can
be a huge restriction to you possible profits.
Moreover, every time the payout
depends on the traded asset. Normally the broker provides the highest payout on
the most traded asset. In addition, the payout can dependent on the expiration
time too.
Which broker provides the highest
profit?
- IQ
- Olymp
- Expert
Free
and unlimited Demo Accounts are necessary for every trader
The broker should provide you with a
free Demo Account. This is an account with virtual
money. It is made to practice the financial product and to test the trading
platform. You can trade Binary Options without any risk with this virtual
money. It is completely free to use. Also, traders can develop new strategies
or improve their trading skills. Advanced traders or beginners try to trade new
assets for the best success with this account.
Open your free demo account now.
On the other hand, sometimes the broker
gives its traders trading tips for analysis or stretgeay. The Account is
perfect for practicing that new knowledge. Trading is very complex and often it
is not easy to find the right way. This is the main reason for using a demo
Account. Most traders gain experience first before they invest real money. With
own experience, it is possible to get a high profit with trading in the right
direction.
How
to open your real account
The opening of a real account should
be as easy as the opening of a demo account. In most cases, it is very easy and
fast. The broker requires some additional documents and data of the trader to
proof their personality. Upload a picture/copy of your passport. Sometimes they
require a utility bill. The broker will check the documents and verify your
account in less than 24 hours. Important information: The broker only withdraws
full verified accounts. (Not every broker requires this documents)
What do you need:
- Data: Full name, address, birthday, phone number
- Picture/copy of your passport
- Sometimes picture/copy of a utility bill
Review
of the Binary Options Brokers support and Service for traders
As a trader, you need good support
and service. Most brokers are showing experience
and knowledge in binary options. The Binary Options Brokers in this review give
you the best and fastest support. According to that, they give traders
sometimes a good education with webinars, videos or strategies. For beginners,
it is important to learn theoretically about Binary Options. It is a risky
financial product.
You can learn the basics and
advanced trading knowledge in webinars with experts. The most brokers first
show you the basics like functions of candlesticks and the use of technical
indicators. Usually, a trading platform offers more than 30 different
indicators. Sometimes it is hard to find a good working strategy with them. In
addition, they give you some advanced knowledge and information to rule the
markets. Most brokers offer you a better education if your deposit is higher
(see account types).
Another option of service is account
types. For big traders with high deposits and high trading volume, some brokers
offer different account types. As a trader, you can get great advantages. They
offer you higher yields, better support, bonus or a cashback program. This is a
way to get more profit in trading. For example, the broker offers you a
higher asset profit of 5%. That can be very helpful.
The companies in this review offer
you:
- Chat support
- Telephone support
- Email support
- Education centers
- Webinars, videos, strategies
- Account types
- Account managers
Diversity
of assets and test of the Binary Options trading platform
I tested the trading platforms of
the Binary Options Broker Review. In conclusion, they are very good and
innovative. They give you a very good reaction rate which is important for
short-term trading. You can use them for your computer
or as an app for your mobile phone. In addition to that, they are very flexible
and customizable. Use different indicators for the best strategies. As you see
in the picture below I am using Bollinger Bands and the RSI. They are very
popular.
First of all the trading dashboard
is the most important point of the trading platform. You should be able to
switch very fast between different expiry times and create new trades. Some
strategies are designed to have multiple trades open at the same time. The
brokers in my review provide you the fastest execution time. Secondly social
trading very popular. In some trading platforms, you can copy the best
traders of the broker and make an automatic profit. They show you
transparently what they are trading and you can start copying them.
Another important point is the
flexibility of the platform. An app should be available for mobile trading. On
most platforms, you can customize the chart very easy. Thanks to the
digitization, platforms are getting better and the brokers always try to
improve them. Use free indicators and technical tools for your analysis.
Moreover, you can use the newsfeed to trade exactly high volatility. Market
news occurs every day – Why not use them to make money?
Facts of the Broker Review:
- Fast execution for your trades
- Customizable
- Use indicators and more
- Apps for mobile phone
- More than 50 different assets
On the most trading platforms, you
can trade binary options with forex, stocks, cryptos, and commodities. There is
a big diversity of assets for you. The yields depend on the category of the
asset. More often than not the most traded asset gives you the highest yield.
You can easily see that on the platform.
Weekend
Trading (OTC) and Crypto currencies (Bitcoin and more)
Each broker in this list provides
the service to trade on the weekend. The platforms are open 24/7. Weekend
trading is allowed and advocated. On the weekend you can trade Crypto currencies
like Bitcoin, Ethereum, Ripple and Forex OTC charts. Crypto currencies are
traded decentralized and the stock market is open 24/7 for them.
Especially attention should be paid
to the OTC Forex charts. Normally the stock exchanges are closed on the weekend
but the international internal bank market is working. The volatility is much
less than in the normal working days Monday – Friday.
The
first steps for your Binary Options success:
- Learn the binary options basics. Information for trading Binary is available at the broker platform or the internet. For questions, there are certain forums available.
- Develop a successful strategy. Most brokers will help you to find a way to trade successfully.
- Use the Demo account. It is an account with virtual money. So you trade without risk the markets.
You should ask yourself these
questions:
- What do I want to achieve with the trading of Binary Options?
- How much I want to invest?
- Where, on which market I want to trade?
- How do I react to losses?
- What are the chances of winning?
Deposit
and withdrawal by a Binary Options Broker
Nowadays the deposit is easy like
the withdrawal. Most brokers only need a small
amount of money to open your real account and give you access to the market.
Capitalize your account in few seconds with a credit card, bank wire,
cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal
systems are working very good too. Sometimes it is fully automatic. Most
companies payout in less than 24 hours. In addition in a lot of cases, there
are not any fees for you. Another important fact is brokers only withdrawal
verified accounts. So get your account full verified with the right documents
as mentioned before.
Bonus
Programs and conditions for traders
Bonuses are very popular in the
section of Binary Options Brokers. Most companies offer a deposit or a
no-deposit bonus. There are a huge diversity of promotions for traders. Mostly
the bonus depends on the deposit amount or you can choose it manually. For
example, some brokers offer a bonus of more than 200%.
It is a good way to top up your
trading account balance and earn more money.
You can trade with more risk and grow faster your account, but you should not
forget the bonus conditions. Every time there are requirements for the bonus.
For example, you do a deposit of 5000$ to your broker and trade with sensible
money management of 1% of the account balance per trade. That means you invest
50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and
your account balance is 10.000$ now. At the moment you can trade with sensible
money management with an amount of 100$ per trade. That sounds good and you
grow your account faster as without bonus.
Note:
The deposit bonus is a good way to
increase your account balance and to trader with more risk.
As mentioned before there are
conditions of the bonus. Simply there is the requirement of turnover of the
bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have
to do a turnover x50. It is important to read the bonus requirements. If you
got any questions, you can ask the support. In most cases, you will see the
requirements transparent on the platform.
- Deposit bonus: Get additional money to your account balance.
- No deposit bonus: You will get a small amount of money for free, but you have to do a huge turnover before you can payout the profit.
Welcome
Bonus for beginners
The no deposit bonus is named
welcome bonus. There are different ways to
get a welcome bonus. One way is to win a free demo contest (read more below)
without any risk. You compete to other traders on the platform. The rules are
easy to understand: Just try to get the highest account balance versus your
competitors. If you win, the broker pays a high prize. It is like a welcome
bonus because you do not invest real money.
On the other hand, as mentioned
before the no deposit bonus is like a welcome bonus. There are a few brokers
who offer this bonus. Just create your real account and activate the welcome
bonus. The company gifts you any amount of money to your account balance but
you can not withdraw the money. You have to do a high turnover of the welcome
bonus like 30x or 40x. Recommend broker for a welcome bonus is Pocket Option.
Are Binary Options legal?
Sometimes there are some
restrictions to this financial product that depends on a particular country.
Personally, I only know one area where binary options are forbidden. It is the
European Union but some offshore and international brokers accept
EU traders. It is like gambling on rising or falling markets and easy to
understand. The EU tries to protect its citizens because there are a lot of
scam brokers. To prevent a scam, use the best brokers of this review.
Find
the best Binary Options Broker 2019 – Conclusion of my review
On this site, I showed you the idea
of finding a reliable Binary Options Broker.
In the list, you see the best companies in 2019. For successful trading a good
broker is necessary. The company should allow you your own strategy of trading
and give you good support and service. On most platforms, you can learn via
education videos how binary options are working.
Also
important is the execution of your trades. It should be very fast and with no delay. Usually,
every broker does that. Nowadays as a trader, you can start with a small amount
of money to trade Binary Options (10$ or less). It is possible to turn it in a
high amount with the right strategy. In conclusion on this site, you can find
the best and proofed Binary Options Brokers.









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