Binary Options Brokers

If you ended up on this page, most probably you are looking for a decent binary options broker. There are quite many brokers out here, and more are appearing every day. The reason for this is very simple. A few years ago the technology got so advanced that it became very easy and cheap to open up your own broker of binary options. This is why so many of them are of a low quality. Browse the table below to see the top rated binary options brokers and stay cautious about the scams.

Broker
Rating
License
Platform
US
Bonus
Start now
IQOption
CySEC
Custom
N/A
Sign Up

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

OptionBit
CySEC
TradoLogic
N/A
Review
ftrade
N/A
SpotOption
N/A
Review
Verum Option
CRFIN
SpotOption
N/A%
Review
keyoption_logo
CySEC
KeyOption
N/A
Review
TopOption review
CySEC
KeyStone
50%
Review
spotfb review
N/A
SpotOption
100%
Review
option500 review
N/A
Custom
N/A
Review
utrader review
N/A
SpotOption
N/A
Review
utrader review
N/A
Custom
N/A
Review
ctoption review
N/A
Panda TS
N/A
Review

Know a broker that should be here? Let us know.

Choosing one of the binary option brokers

Even though it might seem like an easy task, choosing your broker for binary options trading is not as easy as it seems. Below we will provide you with a quick guide that will help you selecting a broker you can trust and will give you a good overview on how to avoid being scammed.

Regulation makes the difference

Best-Binary-Options-Brokers-HubA regulated binary broker can be a scam. Yes, that’s true. But the chances of getting into a fraud with an unregulated broker are much higher. This is why you should always go for a regulated broker if one is available in your region. However, some countries’ residents simply cannot be served by an EU-regulated brokerage due to the compliance reasons. If you are one of such nationals, then the best bet would be to go for an unregulated brand of a binary broker that is regulated in EU.

Even though you will not be served by a company that reports to a legitimate financial authority, the broker would still be more cautious towards its reputation and this is why it will do its best to deliver you the best possible trading experience.

A few more words have to be said about the offshore binary options brokers. These entities claim to be regulated, and in fact, they are regulated. However, such countries as Belize, Seychelles, Marshall Islands and so on, are doing very little to ensure that the companies they regulate are actually serving the clients in the best possible way. Apart from that, imagine that a Belize-regulated binary broker refuses your withdrawal. What will you do? Travel to Belize to submit a complaint? The chances of pursuing legal actions against the brokers that are located on the offshore territories are very small. This is why you should treat any broker with an offshore regulation as an unregulated entity.

Binary options software

Many people mistakenly refer to binary options brokers as binary options platforms. This is not a correct statement. A broker is a company that is doing the marketing, support and other operational and business development activities. A binary options platform is just a piece of software that lets the brokers offer trading to its clients. Here we have a great section about binary options platforms, browse through it to get a good overview of the binary options trading software that is available on the market and check various brokers that offer this type of the software.

In general, there are quite a few software providers. There is no substantial difference between the software suppliers, especially considering that the binary options trading is so simple that it is just nearly impossible for the software providers to differentiate themselves from the rest. Having said that, there are still some brokers that go for the custom-made platforms, and this is where the difference takes place. You may imagine that a software company with years of experience and a dozen of full-time developers can design a great piece of software. However, a broker would have less experience in the software development and will not be able to afford the same amount of staff. Hence, in many cases, the platforms developed by the brokers themselves tend to have a much lower quality. This is why you should stay away from such brokers as EZTrader, as they just offer very poor trading software.

Considering the fact that your platform will contribute majorly to your trading experience, it makes perfect sense to choose the trading software you enjoy using. Still, most of the binary software is not suitable for chart analysis, you will be much better off using various free web charting tools and simply hitting buy or sell on your binary platform.

Binary Bonuses and Promotions

In the past, many binary options brokers were offering various trading benefits to their clients. This helped greatly to attract new traders and keep the existing ones. Here we list various possible binary options bonuses, but you should understand one important thing. As of December 2016, CySEC (which is a regulator that holds most of the binary brokers under its umbrella) has requested all of the binary brokers to stop offering various trading promotions. Hence, today one is unlikely to choose a broker that offers deposit or no deposit binary options bonuses.

You can only get a bonus from an unregulated broker, and as already mentioned, this is not something we can recommend.

How to submit a complaint about a binary brokerage?

Here at Binary Options Hub we respect our site visitors and we take care of what you have to say. Do you have any negative experience with a binary options broker that is listed with us as a scam? Contact us and lets us know why you were unhappy. We are certainly eager to add an additional reason why one of the scams cannot be trusted.

Are you having a trouble with one of the brokers that is recommended by us? Reach out to us and we will certainly do our best to help you resolving your issue with a broker. We do not recommend the brokers with whom we don’t have any relationship, so we will be able to reach their staff and deal with your case in a professional manner, especially if you opened your account via Binary Options Hub.

Do you have positive or negative comments about a broker that is not listed in a table above? Let us know too, we are always eager to write more reviews of the binary options brokers.

A full list of the binary options brokers:

 

Conclusion
Date
Item
Binary Options Brokers
Rating
5