- May 16, 2016
- Posted by: Michael
- Category: Binary brokers
Notice:The European regulator ESMA made a prohibition of binary and digital options to retail EEA traders starting from the 02.07.2018. In case you still want to trade binary options, you need to acquire the status of a professional trader on which this regulation does not apply. I recommend you have a look at the article – How to get the PRO status to continue trading Binary options
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.
Where to next? (If you do not meet the requirements)
- FX Options – Attractive alternative to binary options?
- Read our in-depth guide for cryptocurrency beginners
- Read how to trade forex and other CFD instruments
We have many and many binary brokers, but certainly not all of them are on the same level, therefore you need to choose your broker very carefully. If you choose a quality broker since the beginning of your trading you will avoid future complications and stress with which you would have to most certainly deal with “bad” broker. I myself also trade binary options for a while (for 2 and a half years now) and from my own experience, I know that good broker is just a basis. And that’s why we have decided to make the following comparison of binary brokers who we consider to be trusted, credible and also the leading firms in the industry. Brokers’ ratings are based purely on our testing, in which we validate the quality of the trading platform, customer support and of course the payouts as well as the reputation and overall offer of all services.
|Trading platform||IQ Option||MarketsPulse||StockPair|
|Regulated in the EU|
|Review||Learn more||Learn more||Learn more|
|Visit the website||Start trading||Start trading||Start trading|
Trustworthiness of brokers
All three tested brokers are regulated in the EU, they either have CySEC or FCA license. A licence is an essential prerequisite for quality and honest broker. If you choose a licensed broker (explicitly recommended), then all your deposits are safe and insured in 100% range up to $ 20,000. All brokers but don’t have licenses, or they are not honest and therefore to visitors of our website we do not recommend to trade with these following brokers: ZoomTrader, EZ Trader, AnyOption, Banc de Binary. We either personally traded there or our visitors did, the main problems of these brokers were either problems with withdrawals, unfair bonus conditions or they were/are connected with fraudulent entities/services.
Forex returns – Comparison of truested brokers
As you can see in the table above, currently IQ Option has one of the highest payouts in the industry. They are even better on short-term options, but I do not trade them so these numbers are taken from a regular 15 minutes expiry times. Be aware they even slightly higher payouts on certain assets that you trade can in the long term mean decent extra income (which you receive just because you have chosen a broker with greater returns). Apart from IQ Option are other placements very balanced and therefore I recommend choosing a broker by underlying assets that you plan to trade or by other additional benefits that a particular broker offers. (The trading platform, good customer support, demo account…)
All brokers that we reviewed to you today are a great choice due to their high-quality services and very good reputation amongst the traders. I myself currently trade at IQ Option, and sometimes at ETX Capital. However, you can freely choose any broker from this list if you are looking for a good binary broker. You might also consider visiting websites of all brokers from the list, just to take a quick peek at their trading platform.