Quick Reviews of the Best Binary Options Brokers
Fly With The Best – Learn Which Broker Is Right For You
Searching for a good binary options broker can be a challenge if you don’t know where to start or how to steer clear of the scams. We have conducted a lot of research on binary options brokers and have put together a list of the websites which impressed us the most in terms of features, accessibility, and customer service.
24option: 24option offers strong returns ranging from 71-89%. They offer the highest payouts of FX pair trading of any of the legit binary brokers. Mobile trading and a fully functioning demo trading account are both available once you make your first deposit. USA customers are not accepted due to their CYSEC regulation. Various types of binary options are included such as High/Low, Range, and One Touch/No Touch options. On some trade types, returns as high as 300% can be expected. They offer options as fast as 30 seconds. 24option has a strong reputation and it is easy to see where it comes from.
TradeRush: On TradeRush . known for having the best 60 second binary options onlinepetitive returns, quality customer service and USA friendly. You’ll find a number of different types of binary options to trade, including 60 second options, 5 minute options, touch / no touch and option builder. The returns are very competitive across all trades. The platform is SpotOption, which is the most popular platform used today. USA traders are permitted to participate, and TradeRush also has customers around the world and in many different languages. The minimum deposit is $200 USD and the smallest trade limit is $10 with a $5 minimum on the 60s trades. Returns ranging from 70-81% and some trades have rebates on losses. One of the best aspects of TradeRush is their customer service. They offer toll-free numbers to customers around the world, and their live chat desk is actually staffed 24/7 by a real person who will patiently answer all of your questions. We have recommended TradeRush for years and are confident you will find them a top choice to trade with.
OptionFair offers 5 insured trades when you open a new trading account. They also include a free signal service to help you time and place trades. The reputation is positive. They utilize the TechFinancials trading platform. Returns go into the 81%+ ranges. No US traders allowed.
– Porter Finance offers U. S based traders an excellent trading platform (SpotOption) with a well funded and client focused binary option broker. U. S traders have fewer and fewer places to trade so it is nice to see Porter Finance offering trades to US clients.
Magnum Options . Magnumoptions – Other advantages include 150 assets to trade, numerous trade types, friendly and fast customer service, and the option to accept risk-free trades instead of bonus money. The minimum deposit is just $200. Even though there is no demo account, we like this broker. They are managed by a team familiar with veteran broker TradeRush.
CherryTrade – A bright spot for US based traders is the broker CherryTrade. With a reputation of offering fair trades, excellent customer service and an overall high quality experience make this SpotOption binary broker one that you should strongly consider trading at if you are a US based person. They are not regulated by any governing body and that means that they are free to accept US clients. Their reputation is one of quality. There is no demo trading account to speak of at this broker. The minimum deposit is $200 and the minimum trade on 60 second options is $5.
BossCapital – You can trade binaries safely and securely at BossCapital with a $200 minimum deposit and a $10 minimum trade (*$5 minimum on the 30 and 60 second options!). New traders can also snag a 100% deposit match bonus. The SpotOption trading platform is refined, easy to use and offers a fair trading experience. It is one of the most popular trading platforms on the market today, backed by a reputable company.
StockPair: StockPair This is a unique binary options broker which offers you something a little different from what you are going to find anywhere else online. With StockPair, you can profit from the relative movement of one stock vs. another. Think of it like trading currency pairs, only with stocks instead of currencies. StockPair also offers more traditional styles of binary options trading in the form of High/Low trades. Enjoy a competitive return rate of 82%. USA traders are allowed.
MarketsWorld offers a free demo account for new traders. They also offer some of the most competitive rates in the industry, giving traders a chance to get different rates on different trades. The broker has become a favorite of many traders because of the fast payouts, timely service and on-going improvements. We like them because of the Isle of Man (tiny island in the UK) regulation is a legitimate regulatory body and one of the requirements is that traders funds be maintained in an independent account and available for withdrawal at all times. You can deposit as little as $20 to get started and start out trading $1 trades. Scheduled for September or October of 2013, MarketsWorld is adding 60 second trades to their already impressive lineup. I think you will really like trading binaries at MarketsWorld.
Redwood Options – Profit up to 181% in a single trade. You can trade gold, commodities, currency pairs and many types of binary options. 60 second options are available with returns of up to 81%. US traders are allowed and a new trader deposit bonus of 100% is available if you are interested. Get signed up and one of their friendly reps be at your service. SpotOption trading platform and a team with many years of experience in the trading and FX markets make RedWood Options an extremely attractive choice. USA no longer allowed (2015).
GOptions: GOptions is not as well known as some of the other brokers on this list, but they have a lot to offer a new trader. Verify your account and they offer 24 hour withdrawals. They do accept customers who are located in the USA, and offer a wide range of benefits to their customers, including private and group instruction on Skype, personal account management, weekly training, trade alerts, and more. You can trade with as little as $200, but by opening a larger account, you can enjoy more of the benefits that GOptions has to offer including larger deposit bonuses, risk free trades and other perks. The returns are somewhere around 80-85% on your winning trades. Verified accounts can withdraw their funds within 24 hours, which is pretty excellent. If you deposit at least $500 you can claim 4 risk free trades .