We have done the research for you, and tested the most popular binary options brokers.
If you are looking for the best binary options brokers, then check out the list below.
Is Binary Options Available in my Country?
Unfortunately, binary options was been banned in some countries. See the table below to find out if it’s still available in your country. If binary options trading is not available, then we will show you which is the best alternative.
|Country||Binary Options Available?||Broker Info||Best Broker|
|Trade stocks, indices, currencies.||
eToro Disclaimer: 75% of retail CFD accounts lose money.
|Regulated US Binary Broker|
|Regulated AU Binary Broker|
|Trade stocks, indices, currencies.|
|Binary Broker for non-EU/US/AU/CA traders|
There are some brokers claiming that they accept all countries. Those are probably scams.
Top Rated Binary Options Brokers
It is very important that you sign up with a trusted binary options broker.
Our visitors asked us: “Which is the best binary options broker?“
On this page we will answer that for you (this guide was updated on May, 2020). Keep in mind that this list changes all the time and we update it frequently. The top list contains the most important information about each broker, but you also have the option to read our in-depth reviews as well.
Here is a list with the top rated brokers for binary options trading:
|Rank||Broker||Min. Deposit||Max Returns*||Features||Trade**|
|$10||92%||+ FREE DEMO|
|$50||200%||+ $50 Cashback|
* Credited in case of successful trade
** RISK WARNING: Capital might be at risk
The list above is only available for non-US traders. If you are from the US, then please visit our US Binary Options Brokers page.
All brokers in this list are safe, secure, legitimate and reputable sites. These are the best binary options brokers, in our opinion.
For new traders, it’s not easy to find the best binary options broker. There are hundreds to binary options brokers on the internet (and more and more are opened every day).
Best Binary Options Brokers
The following brokers are from non-EU and non US traders only:
HighLow is one of the safest brokers. They have an Australian ASIC license which is really hard to get. In fact there are only 2 brokers that have this license. HighLow has payouts up to 200% and great deposit bonuses. Visit HighLow
24Option unfortunately stopped accepting binary option traders. They are regulated by Cysec and they are the safest broker at the moment. Their headquarter is in Cyprus however they also have offices in London,UK. Visit 24Option
Best US Binary Options Brokers
The only US brand we really recommend is Nadex. They are the only regulated brand in the US.
US traders have a hard time picking a good binary options broker. For this reason we have created a special page with all US binary options brokers. There are only a few brokers that accept US investors, however there are still a few ones. See here:
Nadex is currently the only US broker that we recommend. They are regulated in the US and part of the IG brand.Visit Nadex
US Brokers That We Don’t Recommend
We’ve seen mixed reviews about these brands. We have not seen proof that these brokers are scam, but we cannot recommend them either.
Finrally has been the #1 US broker for a long time. They offer an incredible 90% payout, which is one of the highest in the industry. Unfortunately they have recently stopped accepting paypal deposits, however there are still many other payment methods accepted. Finrally accepts traders from all around the world and is one of the top binary options brokers. Visit Finrally
BinaryMate accepts US traders as well and their payout is ever higher: 95%. BinaryMate has the best live chat support from all brokers. In fact all traders are greeted by a nice person via live chat upon accessing the homepage. Visit BinaryMate
How To Pick A Binary Options Broker?
I’ve been trading binary options for quite some time. In my opinion this is what you should be looking for, when searching for a broker:
- Safety: this is probably the most important factor when choosing a binary options broker. We’ve had enough of the scam brokers who make false promises. We are all looking for the safest and most secure trading platforms.
- Banking: some brokers make it so hard to deposit or withdraw money. They either don’t accept your preferred payment method, or don’t send you the withdrawal on time. Simple and secure banking options are really important.
- Reviews: when doing research, not only do we try out some of these brokers, but we also read the reviews of other traders and sites. We combine all these reviews to create and up-to-date unbiased review for our visitors. This can you will find the best information on one page instead of checking tens of other sites and forums.
- Licenses and Regulations: when looking for the best binary options broker, we also look at their licenses and regulations. A regulated broker is always safer then an unregulated one, even though there are pretty good unregulated brokers as well. If you are from the US, you will want to choose a CFTC regulated exchange.
- Platform: Traders need an easy to use trading platform that is simple and intuitive, with many functions.
- Customer Support: When you have a question, the customer support is always there for you. However it’s important that you get an answer soon, and don’t have to wait for it for days. Live chat is a great method to contact the support team, but not all broker offer this feature.
Real Money Binary Options Brokers
You have already made the very first step to becoming a successful investor. You did your research and now you know, which broker is best for you. When choosing the best broker, you should also check out the deposit bonuses they offer.
All brokers offer some kind of depositor bonus: 30% first deposit bonus, 100% bonus, Risk Free Trades or trading signals. You should pick wisely and always read the terms and conditions before accepting any bonus from the brokers.
Some the brokers mentioned above were rated the top minimum deposit binary options brokers.
What Our Readers Asked
Yes. You can really make money with binary options. All you have to do is to register with a safe broker and have a winning strategy.
This depends on your country. In most countries, binary options trading is legal.
Binary options trading is only safe with a licensed and legit broker. However, all investment types are risky.
Binary Options Broker Reputation
One of the most important factors is the broker reputation. You want to trade on a platform that has a positive reputation. The best binary options brokers have a good reputation, while others have a really bad reputation and are even considered scam.
You need a broker that is safe and trustworthy. Never deposit money on a broker that has been in business for a short time. Always pick the brokers that have a clean business history.