Best Binary Option Brokers 2016

Brokers

Currently, there are more than 400 trading platforms or brokers.This was not the case in 2008 when binary options trading started since there were about 10 trading platforms. The emergence of many brokers has been good since it has created high competition, which is beneficial to investors in terms of more bonuses and high returns.

Binary Options Broker Comparison

When you start trading in binary options, one of the most important decisions is in choosing the right broker. This is a task we have made easy for you since we have looked and tested for the most reliable and best brokers and included them on our binary options broker comparison.

Browse our website with full confidence, we provide most reliable, accurate and up to date info about brokers from all over the world.

Get started with 3 easy steps:

Choose a broker from the list below

Best Binary Options Brokers and Trading Platforms:

	Bonus	Min. Deposit	Max. Returns
	100%	$200	91%
	100%	$250	90%
	100%	$10	92%
	100%	$250	89%
	100%	$250	91%
	100%	$250	92%
	100%	$200	83%
	100%	$250	90%
	100%	$200	85%
	100%	$200	85%
	100%	$250	80%
	100%	$250	85%
	100%	A$10	90%
	100%	$200	85%
	100%	$200	81%
	100%	$100	85%
	100%	$250	85%
	100%	$250	83%
	100%	$250	90%
	100%	$100	82%
	100%	$200	85%
	100%	$200	85%
	100%	$250	91%
	100%	$200	85%
	100%	$300	85%
	100%	$250	91%
	100%	$250	85%
	100%	$250	85%
	100%	$100	85%
	100%	$200	81%
	100%	$200	81%
	100%	$200	81%
	100%	$250	90%
	100%	$250	90%
	100%	$250	95%
	100%	$200	89%
	100%	$250	85%
	100%	$200	88%
	100%	$250	85%
	100%	$100	92%
	100%	$250	90%
	100%	$250	89%
	100%	$200	83%
	100%	$250	90%
	100%	$250	90%
	100%	$250	91%
	100%	$250	85%
	100%	$250	85%
	100%	$100	85%
	100%	$250	86%
	100%	€150	90%
	100%	$150	91%
	100%	$250	87%
	100%	$20	90%
	100%	$200	85%
	100%	$100	82%

Register a broker account

I personally use six different brokers for trading and recommend all serious traders to open a few accounts to different brokers in order to have a good variety of assets.

Start trading with four easy steps:

Best Binary Option Brokers 2016

Currently, there is no regulator who can oversee and regulate all binary options and Forex activities across the world. Over the years, there has been a remarkable increase in these trades. This may be attributed to the increased accessibility and advances in technology across the globe. As a result, various regulatory bodies have been formed to regulate binary options and Forex activities.

In most cases, such bodies operate within certain geographical regions and their main task is to monitor the various binary options and binary brokers in such regions in a bid to protect traders and monitor the best practices by such brokers.

Many binary options and Forex brokers have enticing trading platforms in addition to a horde of fabulous attractions for their traders. With this in mind, many traders are wondering whether it is okay to just invest in any binary options or Forex broker. The truth is that not all brokers in the market today are reputable. In the U.S.A, for instance, there are strict regulations that have been imposed for the brokers in the region to be in a position to accept US-based traders.

It is such regulations that make some brokers not to accept traders from certain geographical regions. Rather than go through all the trouble to ascertain the best brokers in the market, we have researched the market comprehensively and are happy to present to your the best binary options and Forex brokers this year.

All the binary options and Forex brokers we have recommended on this page have been tested and approved to be genuine and to deliver up to their promise. We have also gone a step further to group the recommended brokers according to the regions they operate in best indian binary options brokers. As such, you just have to find your preferred broker from the following list, based on your geographical location, after which you just need to sign up and start trading right away.

Recommended Brokers in the US

Currently, there are two main regulatory bodies for all binary options and Forex brokers in the United States. The two bodies are the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). According to the current regulations, it is not illegal for any broker to accept traders who are based in the United States. However, if any dispute arises between the trader and the broker, the broker, either binary options or Forex, will be liable for prosecution. in the recent past, the majority of such prosecutions have led to hefty fines and penalties on the side of the brokers.

As a result of this, there have been two distinct categories of binary options and Forex brokers that accept US-based traders. These categories are the brokers who are duly regulated by any of the two regulatory bodies in the U.S.A and the offshore brokers, who are not regulated by any of the two bodies.

Most of the us binary options brokers accepting US-based traders have trading platforms that are faultless. However, you still need to do your own research on any given broker, prior to trading with them. However, we have made the process much easier for you; we have researched, tried and verified the brokers in our recommended list to be effective and genuine.

Best Brokers Accepting US Customers

	Bonus	Min. Deposit	Max. Returns
	100%	$250	90%

Recommended Brokers in the UK

Residing in the United Kingdom offers traders two main

benefits, with regards to binary options and Forex trading. While in the UK, you can trade with virtually any broker, without being affected by any regional restrictions. Again, you can also choose to trade with the brokers who are regulated by Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA), the two main regulatory bodies in the UK. The two are also the most predominant licenses when it comes to Binary Options brokers. As such, it is advisable to choose a broker that is regulated within Europe.

While traders from the UK have a freedom to choose any broker that seems appealing to them, including offshore regulated and unregulated brokers, it is highly advisable that you research on your preferred broker before investing your money with them.

Top-3 Brokers for UK Customers

	Bonus	Min. Deposit	Max. Returns
	100%	$250	89%
	100%	$10	92%
	100%	$250	91%

Recommended Brokers in Australia

Binary Options trading is incredibly popular with Australian traders, and it seems to be growing in popularity with each month. Binary Options trading is not banned or illegal within Australia, and brokers based in or outside of Australia can offer their services to Australian traders.

The increased demand in online binary options, binary options brokers in Australia and Forex trading has led to the formation of a regulatory body in Australia, the Australian Securities and Investments Commission (ASIC). However, it is not illegal for people to participate in this form of binary options trading in Australia. In this regard, brokers from Australia and other parts of the world can offer their services to people based in Australia. Currently, there are many brokers in the country, some that are offshore and others that are licensed and approved by the ASIC. We have tested and verified all the platforms on our list of brokers to be reputable in Australia.

Top Brokers for Australian Customers

	Bonus	Min. Deposit	Max. Returns
	100%	A$10	90%
	100%	$200	83%

Recommended Brokers in Canada

Although online trading is allowed in Canada, there is 

still no overall regulatory body for the entire country. Instead, each of the 10 Canadian provinces has its own online binary options and Forex trading regulatory body. Among the regulatory bodies in the country is the Investment Industry Regulatory Organisation of Canada (IIROC). Although this body is capable of formulating and enforcing laws in the Canadian trading markets and securities, it cannot do the same when it comes to online trading.

We have taken time to review and evaluate each of the brokers offering their services to the Canadians.Canadian binary options brokers As such, the list provided here comprises of the brokers offering convenient banking support and options for online traders in Canada. Just click on the above link, review the various brokers and start trading right away, with your preferred broker.

Top Brokers for Canadian Customers

	Bonus	Min. Deposit	Max. Returns
	100%	$200	83%
	100%	$250	89%
	100%	$250	91%

Recommended Brokers in Europe

When it comes to binary options and Forex trading, 

traders in Europe are some of the most fortunate traders across the globe. Among the renowned regulatory bodies in Europe is the Cyprus Securities and Exchange Commission (CySEC). This body enforces a strict regulatory process, which includes Markets in Financial Instruments Directive (MiFID). According to this body, european binary options brokers that are licensed by CySEC can accept online traders from any member state, within the European Economic Area. Additionally, CySEC happens to be the main regulatory body for binary options traders.

Traders in Europe also have the option of trading with offshore binary options and Forex brokers. This leaves European traders with a multitude of options, with regards to both online and offline binary options and Forex trading. However, you still need to research on any given broker before trading with them. In this regard, we have extensively studied all the available brokers for European states and have provided a list of the best binary options and Forex brokers in the region. Just go through the list, select your preferred broker, sign up and start trading right away.

Top-3 Brokers for European Customers

	Bonus	Min. Deposit	Max. Returns
	100%	$250	89%
	100%	$250	91%
	100%	$10	92%

Tips for Comparing and Choosing a Binary Options Trading Broker

The world of trading offers many exciting opportunities and they can be best enjoyed with the guidance of a binary options broker. Choosing a broker that works best for your trading needs can be a daunting and frightening experience but it’s a necessary one for certain. The brokers can help them perform better when trading and instruct them on getting the best return on their investment.

There are several binary options brokers out there who are eager to assist you as a client. However, it is important to remember that choosing a binary options broker can be a detailed process and it’s important to find one that is capable of performing all of the necessary trading tasks. Below are some helpful tips to simplify the process and assist with finding the best broker for your trading needs.

1. Deposit bonus – how much bonus you get on your first deposit and redeposit.

2. Payout –Binary options trading produces varied payouts. Some brokers present variable options that allow them to exit the options prior to the expiration date. Sometimes brokers (for example24Option) allow payouts as great as ninety one percent per trade. The goal for most people in trading is to make money and with a great binary broker, they can succeed. In addition, look for the following benefits:

• Various Payment Options
• High Bonuses
• Outstanding Customer Support

3. Deposit and withdrawal options – the trading platforms have different ways of depositing and withdrawing money. Check the one that is suitable for you.

4. Types of stock options and warrants closing times

5. Minimum deposit – trading platforms require different amounts of minimum deposit for you to start trading. Look for the one that is suitable for you.

6. Trading tools – some trading platforms may have trading signals and automatic trading while some do not have. Choose the platform depending on the trading tools that you prefer.

7. Demo account – various trading platforms cater for its binary options traders, especially the first time investors by providing them with a demo account. This helps to create experience in trading before ones does the actual trading.

8. Customer service – find out if the trading platform has good customer service to cater for all your enquiries concerning binary option trading.

9. Simple User Interface – This is a dependable and professionally structured trading program that offers a simple user interface. This helps to conserve time and effort for the user. The majority of the programs are web based and should be and is recognized as a simple program with interactive controls.

10. Multiple Asset Investing – One of the major benefits of professional software is that is doesn’t restrict investing. Dependable binary options brokers should provide a means for investors to make multiple investments in various assets such as forex, commodities and stocks. This increases theprofit margin for the investor.

11. Expiry Dates Info – Dependable brokers offer expiry dates on a weekly frequency, while offering some daily or hourly options as well. The maximum trade control is obtained only when maximum expiry details exists.

12. Payout of Maximum Percentage – Dependable brokers offer their clients maximum payout percentage. Search for trade option platforms that present between 75 to 91 percent payout and even the unsuccessful trades will generate about a 5 to 10 percent return to investors.

13. Multiple Languages – Global trading options makes it extremely beneficial to have multiple languages and therefore, the platforms are being presented to support the language spectrum as well.

Despite the trading platforms having a lot in common, their way of trading may differ in terms of bonuses, initial deposit, the maximum payout, their means of depositing and withdrawing money, time of trading and their customer service. You may also find trading platforms, which give back to the trader a certain percentage of their investment if they do not win the returns. Therefore, it is important to find out information about the trading platforms before deciding on the ones to use. Using a binary option robot is often also profitable.

Basics of Binary Option Trading

What Types of Assets Are Available?

Binary trading offers a wide variety of trading options including commodities, currency pairs, indices and stocks. With all of these options, you are not limited to one type of trading asset only, opening you to an exciting world of trading. You now have the ability to trade Apple stock, foreign currencies, gold or silver from the same trading platform. You have the option to trade internationally without having to go back and forth between various brokers.

The good thing is that many of these top brokers allow traders to utilize their trading platforms without any issues and offer a wide array of indices and stocks from both Asia and Europe. All of your trades can be basically done on the same site without having to switch between multiple screens and systems.Binary options brokers are essentially a one-stop site for all of your trading needs.

How Long Is the Average Trade?

When trading binary options, you need to keep in mind that every trade has a strict time frame that you need to adhere. They vary in length from 60 seconds or longer. You get to choose which time frame best fits your lifestyle. If you aren’t a fan of waiting around for productive trades, you can opt for 5 minute or even 60 seconds trading. If you have more patience, there are 60 minute trades or longer trading optionsavailable as well.

One of the important things to remember regarding expiry times is that they are able to be changed only until you have made a commitment to that particular trade. Once you have authorized a specific trade, you simply sit back and wait until it is completed. This differs from other types of financial trading in which you can sell your accumulated shares at any time. There are brokers that will let you sell your trade for a minimal refund. However this is a rare situation for those who are more experience at trading binary options.

Most Common Types of Binary Options

In binary options, there are three main kinds of trades.

1. The first is called the “call/put” option. In this type of trade, you simply need to predict whether the price of a particular asset will rise or fall by the expiry time.

2.“One-touch trades” are when you are issued a target price from the start of a trade. If your chosen asset reaches that set price during the expiry time, you will profit. This set price is determined by your specific broker well before you execute the trade so you will have time to do your research and prepare in advance.

3. The final of these three common trades is called the “boundary trade“. The broker will issue a variety of prices and you must determine if the price of the asset will remain in the given range or fall outside of the targeted range.

Each of these trades offers a few variations and some of the more exotic varieties of each often have substantial payouts as high as even 300% (depending upon your individual broker). An example of this is “one touch trades” that have an uncommon target rate. In order to achieve this type of payout, you need to opt for the option that is hardest to reach, in other words, you would need to predict that yes, and the far off price will in fact be the end result of the trade. These trades produce higher return as they are most often more difficult to achieve the correct result.

Which Binary Option Should I Choose?

Binary options are based on a simple 'yes' or 'no' proposition: Will an underlying asset be above a certain price at a certain time? Traders place trades based on whether they believe the answer is yes or no, making it one of the simplest financial assets to trade. 

It is up to you to ultimately determine which type of asset is best for you. You first need to evaluate your level of experience. Do you have experience with the Forex market and are looking for a new and more profitable way to trade? If this applies to you, you will easily be able to apply your strategies to the binary options market. Or does your expertise come from day trading? Are you looking to rid yourself of some of the risk involved in day trading? Then binary options can certainly benefit you as you have the ability to focus on those assets with which you are most familiar.

However, the factor that should ultimately drive your chose of trade is your personal trading goals. You should first determine your specific goals and then devise a plan to these goals. Say you want to make about a thousand dollars a week, then you need to decide which options will essentially help you reach this goal as well as which time frames will help achieve this set goal.

The answers to these questions vary for each trader. However, you should always go for quality trades, rather than quantity. Six successful daily trades will yield a higher routine than five losing and seven winning trades. Take the time to consider your options and the possible outcomes before placing your trades to end up with more profitable results.

References and Further Reading:

1. Binary options: fixed odds financial bets (H Raw – 2011)

2. Dynamic hedging: managing vanilla and exotic options (N Taleb – 1997)

3. Binary Options: Strategies for Directional and Volatility Trading (A Nekritin – 2012)

4. Binary options on an organized exchange and the systems and methods for trading the same (DA Montanaro, MT Bickford, JP Burns – 2004)

5. American Binary FX Options: From Theoretical Value to Market Price (K Smith – 2007)

6. System and method for providing a platform for the trade of exotic options (I Tzroya –  2012)

7. Buy-Side Risk Management: Hedging Hedge Fund Outflows (S Satchell, B Scherer –  2011)

8. Investing in Exotic Options (K Cheng – 2009)

9. The changing world of CFDs (D Shrimpton – 2009)

10. Method and system for pricing options (D Gershon – 2008)

11. Method of creating and trading derivative investment products based on an average price of an underlying asset during a calculation period (Dennis O’Callahan – 2006)

12. Methods to elicit forecasts from groups: Delphi and prediction markets compared (KC Green, JS Armstrong, A Graefe – 2007)

13. A comparison of market approaches to software vulnerability disclosure (R Böhme – 2006)

14. Apparatus and process for calculating an option (Vergil L. Daughtery, III – 2001)

15. Systems and methods for distributing pricing data for complex derivative securities (Mark Addison, Derek Kilfedder, Richard Derbyshire, Phillip Carter – 2004)

16. Renewable option accounting and marketing system (George E. Nelson – 1989)

17. System and method for analyzing financial market data (Ari Pine, Arthur L. Shmurun – 2007)

18. Options on foreign exchange (DF DeRosa – 2011)

19. High-frequency trading: a practical guide to algorithmic strategies and trading systems (I Aldridge – 2013)

20. FX options and structured products (U Wystup – 2007)