One of the first questions that beginners have in Binary Options is to know which is the best Binary Options Broker to choose from among the many that exist, the one or those that offer the best conditions. In this article, I try to answer that question.
Which is the best Binary Options Broker?
There are several features that it is important to be able to check in each one, because no broker is the same.
Thus, the table below compares the best Binary Options Brokers.
However, it is important to note that there is no “best binary options broker”.
Because there is no Broker that is better in everything.
And no binary options broker is perfect.
None can be better than all the others in all parameters.
For this reason, it is important to know the positive and negative points.
However, in the end, the best Binary Options Broker for me may not be the best for you, so in the table, we talk about the most important points and compare them.
But the advice we give you is to test some of them, especially because they all offer a free training account.
Testing will always make it easier for you to decide which Binary Options Broker is best for you, because your opinion will count.
Click the Broker name to see the full analysis I’ve prepared for each Broker.
|Broker||Regulation Entity||Demo Account | Bonus||Min Deposit | Min Trade|
|Cysec||Yes | No||$10 | $1|
|Inlustris Ltd.||Yes | 50%||$10 | $1|
|FinaCom||Yes | 100%||$10 | $1|
|FMRRC||Yes | No||$50 | $2|
It is important to note that there are many more Binary Options brokers.
We chose these for analysis for several reasons.
In our opinion, for a Broker to appear as a potential better Binary Options Broker it must:
- Have a Binary Options regulation.
- To offer a free demo account, so that the user can test the platform without having to deposit.
- To be able to register for free and in a simple way.
- To have a low investment amount, i.e. to be able to deposit small amounts to start.
- Have various forms of deposit and withdrawals.
- To offer low-value trades.
- To have support in several languages.
- To have the platform in several languages.
All brokers that appear in the comparison chart above obey the 8 rules above.
Other brokers are being analyzed and will be added to the table, if it is verified they offer everything in the 8 points.
However of the dozens of Binary Options brokers that exist, only a few are worth being on this list.
Among the best Binary Options brokers, the differences are not very big.
Sometimes it’s just a few details that lead you to choose one rather than the other.
I remind you that all the brokers present in the table are all regulated because as has been said in previous articles, the protection of traders, and your money, is important for this Blog and for companies that work honestly in this market.
Update of the Best Binary Options Brokers Chart
Every month updates will be made to the table of the best Binary Options Broker.
In case we find a new interesting broker, it will be added to the table.
On the other hand, if any of the brokers present in the table is no longer stable, because it started to have problems, it will also be removed from the table.
Also, the individual pages where we analyze in detail each broker is undergoing updates as they happen.
The important thing is that we can offer our readers up-to-date information so they can always decide the right way.
We also may have some material like courses, signals, strategies for some of those brokers. Material that in some cases we have developed, adn in other cases we use it as client.
Some of this material we may offer totally for free.
The writer of the content of the site is also the one who developed the courses, strategies and signals system.
He has more than 25 years of experience in various markets such as Stock Exchange or Forex, and this is the guarantee of being a huge help in your success as a Binary Options trader.
To find out if the broker you want to choose is covered by any of our offerings, please visit the Broker Analysis page.
The information about the Offers will be recorded in the article itself.
After registering and the first deposit send an email requesting the Offers for the Broker you have chosen.
Do not deposit until our information that the registration with the broker is ok.
If you have any questions please do not hesitate to contact our support.
Know what Binary Options are
Binary options are a financial instrument that allows traders to make predictions about the price of a certain asset, not having the need to be the owner of any asset.
In practice, we say whether an asset will go up or down and invest in this “outcome”. The name “binary” comes from the fact that there are only two options of the outcome that is (right or wrong).
We can make this prediction or bet on various types of assets. It can be stocks, currency pairs, stock market indices, raw materials, cryptocurrency, etc.
In binary bets or binary operations, as they are also known, we can sell or buy the option of an asset, but not the asset itself.
It is simpler than in the stock market where you need to buy the asset and follow its price, deciding the time to leave.
In binary options, you only invest in the result that will rise or fall within a given time frame. This instrument exists since 2008 and the beginning of the regulation was in 2012.
Today, it is one of the fastest growing investment products, as it is one of the simplest to understand and trade.
It is also the one that allows you to start with the lowest investment value, making it a type of investment product within everyone’s reach, even those who have few resources to start.
Get to know more about what is Binary Options in the video below.
If you enjoyed the article about which is the best binary options broker, be sure to follow our site and share it.
2 thoughts on “Which is the best Binary Options Broker?”
How can I link a Binomo broker in Nigeria
If you want to open an account you can do it here: https://thebinaryoptionsblog.com/binomo/
If you want to contact with Binomo Support you need to enter on your account and contact with them using their support channel.