The best binary options brokers. Sometimes a trader is faced with the problem of opening an account with a broker. After all, how to choose the right broker, many articles have been written, but how to compare brokers and which one is the best broker will always remain the main question.
In this article, we will deal with the details and rules for selecting the best broker for binary options. You will learn how to properly talk with a broker for options in order to accurately determine the quality of the company’s service.
What does the best binary options broker mean?
The difference between binary options brokers divides traders into different types. After all, today brokers are trying to provide traders with various additional tools and services for trading. Some of them focus on assets, some prefer to put training and bonuses from brokers.
So what does “Best Binary Options Broker” mean?
To determine which binary options broker is better, it is necessary to indicate what and how we will check. Everyone determines for themselves which broker is better, along with this there are generally accepted rules and indicators. What parameters are the most interesting to compare between binary brokers:
The main platforms for options trading.
Platforms for binary trading, designed for execution of transactions and reporting. Every platform provider tries the best technological solution. This solution also includes: the types of binary options and the number of assets.
- TechFinancials
- SpotOption
- TradeSmarter
- Tradologic
- Proprietary
- Keystone
Platform developers compete with each other to integrate the platform with liquidity providers.
The indicators of the trading platform affect:
[list style=”arrow”]
- The ability to make more trades at the same time. There are platforms that start to slow down and freeze with the addition of deals.
- Scalability of time, to which resolution to increase and decrease the schedules.
- Realized expiration dates: not all trading platforms provide trading on all types of options
- View custom assets and charts at the same time.
- Additional Options – High Yield, Custom Payouts/Insurance
- Option Types – Higher/Lower, One-Touch, Range/Barrier
- Additional features – Take Profit, Rollover, Double Up
- Quick Search – Easily find any asset or assets
- Custom Dashboards – Create a list of favorite assets for the user
- Sentiment Indicator – View all current Call/Put positions [/list]
Our experience shows that it is possible to trade on any platform. We were not able to collect a subjective opinion about each platform. Each has its own followers.
We advise you to try a few and decide which one is right for you!
Brokers on different platforms
Yield on options
The best binary broker can also be determined by the level of profitability of the option.
Yield on options An important component for choosing a broker. The higher the percentage, the higher the chance of making money on binary trading. There are traders who do not pay attention to the profitability of the option. The reason is not known to us, because it is not possible to calculate money management and risk management without knowledge of losses.
Pay attention to how much your broker is willing to pay. On average, many brokers have similar payout rates from 70% to 85%.
There are brokers who give 93% of the yield on the option. Such brokers should be checked carefully . After all, they have to make money on something. If you can earn a lot and quickly, then the risks will be high.
BEST PAYOUT BROKERS
| Брокер | Бонус | Мин. депозит | Доходность | Регуляция | Обзор | Открыть счёт |
|---|
IT IS IMPORTANT TO UNDERSTAND THAT THE BEST BROKER FOR PAYMENTS IS THE BROKER WHO, IN THE EVENT OF A POSITIVE TRANSACTION, PAYS THE TRADER A HIGHER PERCENTAGE AND DOES NOT CHARGE AN ADDITIONAL COMMISSION
Registration and Regulation of Binary Options Brokers
As already mentioned, with the advent of interest in binary trading, brokers have appeared – scammers who “throw” traders. When choosing an honest broker, you need to pay attention to the regulation of the broker. Find on the site who regulates the broker, who solves conflict situations.
It is important that your trades depend only on you. Find the license number and check the broker’s connection with the license.
For example, uTrader is regulated not only by the FMRC Certificate RU 0395 AA Vv0057 . This can be seen immediately on the site.
Trading with such a broker is safe. Always look for a license on the binary broker’s website.
Payment systems for withdrawing and depositing funds of binary options brokers
So that you do not have problems with the withdrawal of funds, check how you can deposit money into the account and how you can withdraw it. Some brokers have the option to deposit funds in any way and withdraw only to a bank account . This is very inconvenient, since not everyone wants to declare their income on the Internet. The problem is sometimes when withdrawing the payment method itself. Check which one is the fastest and most convenient for you.
Check with which payment system your commission will be minimal. Check the transfer restrictions of both the binary broker and the payment system itself. There are systems that do not allow you to transfer more than $ 1000 or less than $500 . Pay attention to which of which countries you can receive a commission, as there are systems that do not allow you to receive a transfer from binary options companies.
THE MORE OPPORTUNITIES TO MAKE A DEPOSIT, AS WELL AS WITHDRAW MONEY, THE BETTER THE BROKER
A variety of assets for options trading
Binary options traders choose an asset to trade based on subjective qualities. Binary assets depend on many economic indicators. The most popular are currency pairs, options on currency. An option to buy currency is considered liquid and can bring quick earnings. Options are also traded for commodity and commodity markets, indices and stocks.
If you know how to analyze the fundamental indicators of a stock, respectively, the choice will be for a broker whose choice of stocks – assets is wider. Stock options are interesting because by choosing a stock of large companies, it is not difficult to track news and changes in the stock price.
IF YOU CHOOSE WHICH BROKER IS BETTER, OF COURSE, THOSE BINARY COMPANIES ARE BROKERS THAT OFFER MORE ASSETS. THE TRADER WILL BE ABLE TO USE MORE STRATEGIES, AS WELL AS THERE WILL BE MORE SIGNALS
When adding a broker to the rating or evaluating by assets, pay attention to what assets are offered to you for binary trading. It is very important to understand that not all binary strategies are suitable for trading different instruments.
Assets for binary options trading:
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- Options Futures
- Stock Options
- Options on Commodity Raw Materials
- Stock Options
- Options on Stock Indices
- Currency Options [/list]
The more stable and developed a binary options broker is, the number of assets is greater.
Types of Options and Option Expiration Time (Binary Options Expiration Time)
Binary options are divided into underlying assets like currency, stocks, commodities, etc. Options are divided into buying and selling, as well as types of options are different, depending on the conditions of execution of the option and the time of its execution. The payouts on these options are different, and the risks are different.[list style=”guard”]
- Binary option “Higher/Lower”
- Binary option Short-term (Shout option)
- Binary Option “Touch”
- Binary option “Corridor”
- Barrier option
- Abandonment option
- Path dependent option
- Split-fee option
- Postponement option
- Traded option
- Swaption[/list]
Each option is divided into: Option type | Option Underlying Asset | Option Expiration Date | Type of binary option
Example of Option Payouts and Binary Option Execution Time
60 seconds – 67%
5 minutes – 83%
90 minutes – 83%
1 day – 70%
2 weeks – 65%
Choose a binary options strategy suitable for the type and type of option.
Choose an honest binary options broker now.
The best brokers that provide signals for options
In the fight for traders, binary brokers offer additional services that help traders make money on binary options.
Options signals are one of the most popular ways to attract a trader. Such signals for binary options are given either by the broker itself or by a signal provider, an independent company that works with several brokers.
Free signals for options are sent to traders either via e-mail or SMS. Since no one wants to give anything for free, a binary options broker needs to know that you are serious, and you will start trading with this broker. Therefore, signals are sent to traders with a deposit of at least $500.
Different brokers have different conditions for receiving free signals for binary options and different performance.
We advise you to choose a binary options strategy and compare your signals with trading signals from a broker.
By the way, some brokers do not send signals less than $500 because it is not possible to comply with money management and risk management, which can lead to the loss of the deposit. In this case, the broker is not to blame, but negative reviews can affect the reputation of the broker.
Training and support of a binary options broker
Learning how to trade binary options is one of the main factors when choosing a binary broker. Novice traders read a lot of books on binary options trading, watch videos on the Internet and cannot come to a decision to start trading.
Fear of starting can prevent you from perceiving the financial market objectively and starting to earn. To do this, brokers offer options trading training. Brokers send : video training binary options, binary options trading courses . This helps to start trading, along with this, if there are errors in the analysis and search, it will take a lot of time.
Read articles about the >> psychology of binary options trading
It is best when you have a binary options trading consultant . Basically, these are employees of the company who undergo many hours of training and practice. After that, they begin to train the company’s traders.
Every morning there is a briefing on the main news that can affect the market.
Depending on your deposit, learning how to trade binary options goes to the level of “Private Consultant” (there are many names depending on the broker).
IMPORTANTLY!!!
YOU CAN’T THINK THAT YOU ARE THE SMARTEST, YOU MUST ALWAYS LEARN. TOP BINARY OPTIONS BROKERS OFFER TRAINING FOR BEGINNERS AND PROS
What is the best way to learn binary trading from a broker from a private school?
The broker earns when you earn. While a private school earns from your payment or affiliate program with a broker. The interest of your success is on the side of the binary broker.
Leave a review on our website if you have been trained and received advice from one of the brokers.
Binary broker deposit bonuses, tournaments and promotions
Binary options bonus is credited to traders on deposit. The purpose of the option bonus is to reduce risks and trade with a larger amount. Many traders start trading with a low deposit, in this case, you can lose everything pretty quickly. With a bonus from a binary broker, you will be able to trade longer and more effectively. Bonuses come in different types and are suitable for different types of trades and for different levels of trader.
If you have taken a binary bonus to withdraw funds, you need to work it out by making a certain amount of transactions, and you cannot withdraw your money immediately. You can find out how to withdraw money in the article “Withdrawal of funds from a binary options broker.”.
Therefore, decide if you need a bonus before you start trading. Read the article “Binary Options Bonus”
Leave a review about the broker in which you took the bonus and your trading experience with this broker.
Conclusion:
Each trader determines whether the broker is suitable for him or not in his own way. Study this article and your choice will be the most rational. Look at the reviews, positives and negatives. Determine for yourself which parameters of the broker are most important to you. After studying the data for each broker, you will find your own.
Be sure to leave a real review about the broker in which you traded.
START MAKING MONEY WITH THE BEST BROKER
