Demo Binary Options 2020

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Contents

Best Binary Options Demo Accounts

Binary options are one of the simplest ways to invest in the financial markets. All it takes is a demo account to get started.

Damyan Diamandiev
Contributor, Benzinga

Binary options are one of the simplest ways to invest in the financial markets. It’s a preferred way of trading among investors, especially beginners. However, “easy to do” is not enough to be successful. You’ll need to test your success on a free binary options demo account. If things work out there, then you can switch to trading with real money.

Quick Look: The Best Binary Options Demo Accounts

  • IQoption
  • Binary.com
Table of contents [ Hide ]

What are Binary Options Trading Demo Accounts?

A demo account is a practice trading account which works just the same as a real money account operates. You can test your strategies and success with virtual money on demo accounts. Free binary options demo accounts contain real price moves, so you can check to see if your trading system works without putting your financials at risk.

You’re likely to have access to all available financial assets and all trading tools, just like in a real account, but the “money” in the account is virtual. Also, you can change the amount to adapt to a real-case scenario.

Example: You want to start trading binary options with $5,000 but you are not sure of your strategy.

Solution: You open a free binary options demo account with a broker. You change the virtual amount of money in the account to $5,000. Then you are ready to go same as if you have opened a real binary options account.

Why Use a Demo Account for Binary Options Trading?

The first step you’ll take toward actual trading is to open an actual demo account. There are a few main reasons why you should start by using a demo account.

  • Get used to the interface. Most likely, you’ll open a demo account with the broker you’re considering for real money trading. A demo account with this actual broker will get you used to the interface you’ll use once you’re trading with real money. That way, when you start with real money, you’ll know the functionality of the platform you’ll use.
  • Practice. If you’re a beginner binary options trader, you’ll need to practice the order-opening process. Call and put binary options can be challenging, so play around with the expiration of the options. Learn how to adapt to different situations on the market using news announcements and financial data releases.
  • Test your strategy. Prepare a strategy. To figure out the signals you will use to buy binary options, you’ll need to test and optimize your strategy without risking any money. And you can do this forever until you find out whether your strategy is working.
  • Test your money management skills. You’ll need to trade only small parts of your bankroll to avoid bankruptcy. Let’s say you want to deposit $3,000 for trading. You decide that you want to invest $1,500 in each of your trades. If you fail two times in a row, you will go bankrupt.

Question: How likely are you to fail or go bankrupt?
Answer: Very likely. You can avoid this by putting small parts of your bankroll in each trade, say, 1%. This way, you will need to be wrong 100 times in a row to go bankrupt.

If you trade successfully on a demo account, then you can consider switching to a real money account. Apply the same strategies there and you are likely to get the same results.

What to Look for in a Binary Options Trading Account

Your broker research should start before you open the demo account, and the characteristics to look for are listed below.

Regulated Provider

Be sure to target only regulated brokers. A regulated broker is subject to the law of the country of regulation. After all, you’re giving your money to somebody, and if a dispute arises, you want to make sure that it gets resolved fairly.

Longevity

Most scam brokers get shut down after a year or two. If a broker has existed for many years, it is less likely that this broker is a fraud.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Positive Online Reviews

Check out what people think of the broker you’re considering. Check for ratings, Google the company’s online reviews. Search for something that may trigger an alert.

Number of Tradeable Assets

A good free binary options demo account will have many tradable assets available. You don’t want to practice on an account that offers you only three currency pairs. Look for diversity. Diversified portfolios are the more secure way to go as you count on many institutions.

Friendly Interface

Your trading platform needs to be simple, straightforward and easy to understand. If you don’t feel comfortable with the demo account interface of a broker, change the provider. You won’t want to trade real money when you don’t like a particular interface.

Set of Trading Tools

The trading tools are a must for every good demo account for binary options trading. The more tools available, the better. After all, these tools will help you build your trading approach.

Dedicated Support

All reputable brokers offer dedicated support. Some companies even offer 24/7 support.

Red Flags to Watch Out for in a Binary Options Demo Account

Here are the most common red flags to look for when looking for a binary options broker.

Lack of Regulation

Do you have doubts about the regulation of a broker? Better find another one. Maybe the broker is subject to regulation in a less-developed country, or the regulatory body of that government is at a very low level. How likely is that it resolves a dispute in your favor? How likely is that it has a system for resolving such disputes? If this is the case, then you might want to approach another broker.

Chart Discrepancies

It’s always good to compare the charts of the different brokers. They need to look the same. If one is not the same as the others, then somebody might be manipulating these charts. You need to avoid market manipulation.

Online Money Disputes

Google to see if the broker has open money disputes, a major red flag. If it’s blocking withdrawals, you’re likely to find information about this on the internet.

The Best Binary Options Demo Accounts

Check out these top-notch binary options demo accounts.

2. IQoption

IQoption’s Key Facts

Regulation: CySEC (Cyprus)
Existence: 5 years
Tradable assets: 49; currency, companies, gold
Interface: Very simple and user-friendly
Trading tools: Decent amount
Support: High – 24/7

IQoption’s demo account platform. Source: IQoption

As you see, the IQoption’s platform is pretty simple. Furthermore, it offers a mobile app platform, which is even easier to use. The order execution is good and you can do plenty of trades for seconds.

You can switch between different charts. The default chart you will get is a line chart. But you can switch to a Japanese candlesticks chart a bar chart or a Heikin-Ashi chart. You can also change the colors of the charts.

In the left panel you have few buttons:

  • Total portfolio – shows all your current positions
  • Trading history – contains all your past positions
  • Chat & support – you can chat with the support or in channels with other traders
  • Leader Board – keeps track of the best traders with biggest profits
  • Market analysis – news and analysis from different providers
  • Video tutorials – you can watch all type of informative videos here
  • Help – gives you a hand with administrative and general questions

At the bottom of the chart, you can pick a different time frame. Note that you can also change time frames by scrolling with the mouse.

You can choose between a rich set of trading tools. Some of these are:

Different types of lines:

  • Rays
  • Trends
  • Horizontal and vertical lines
  • Fibonacci levels
  • Moving averages
  • Bollinger Bands
  • RSI
  • MACD
  • Parabolic Sar
  • Alligator Indicator
  • ATR
  • ADX
  • Ichimoku Cloud
  • Momentum Indicator

There are even more indicators on IQoption. Honestly, they are not that much. But still, your technical analysis will be well supported.

2. Binary.com

Binary.com’s Key Facts

Regulation: British Isles, Malta
Existence: In operation since 2000, regulated since 2020
Tradable assets: 57; Currency, indices, commodity, volatility indices
Interface: Very simple and user-friendly
Trading tools: A rich set of indicators
Support: Decent

Binary.com’s demo account platform. Source: Binary.com

The platform of Binary.com is also simple. It consists of two parts, the upper part for trading and the lower part that contains the chart. These two parts might be a bit confusing as it is hard to look at both of them at once. If you zoom out your browser, you will make it work.

You can regulate the chart time frames from the bottom of the chart. You adjust a horizontal scroll, which shows what part of the chart you are covering.

Binary.com is not that rich on resources as IQoption. But they still have the most needed resources available. A disadvantage is that they only have line and dotted charts available. They don’t have Japanese candlesticks or bars, which might limit your analysis.

But on the other hand, they have plenty of indicators – more than 100. They also have chart templates. So, you can very easily save your template and apply it to another chart.

Final Thoughts

Demo accounts are a great solution for testing purposes, but you still need to do your research. Fraudulent brokers exist are only looking for ways to make you deposit funds. Even if you win money, they might not let you withdraw your profits. Follow the steps above to avoid scams, too.

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Nadex 2020 Complete Review + Demo

Today I’ll be providing an in-depth review of the most popular and trusted binary options broker located in the United States, Nadex. With many other binary options brokers being shut down and cast off, this platform is consistently stable and providing traders with a fully regulated environment to trade in. While the platform itself, and waited they approach trading is likely a little different than what you are used to, for safety and peace of mind this is emerging as the clear number one choice for US traders.

Owned and operated by the IG Group, the North American Derivatives Exchange, Inc. is the only binary options exchange regulated by the CFTC. The company headquarters is located at 311 South Wacker Drive, Suite 2675, Chicago, IL 60606. Traders can get in touch with support via email at [email protected] or by phone via 1 (877) 776-2339.

Nadex Review

In terms of trustworthiness, and reliability, Nadex is unmatched in the binary options market. While the majority of brokers are holding withdrawals from their clients, and piling up hundreds of negative reviews, this has never been the case with the North American Derivatives Exchange. Even though I’ve mentioned it already, it’s very important to note that this brokerage is regulated by the CFTC , which gives traders the security and peace of mind required to trade with confidence.

In addition to their advanced security, they also provide “some of the worlds most advanced exchange technology, an online matching engine with no legacy tech holding back innovation.” Their platform boasts over 99.9% uptime, over 5000 contracts traded daily by millions of their clients. They also provide traders with their platform via mobile applications which allow traders to monitor their accounts, and place trades while there on the go. This type of flexibility is very important for all types of traders that are looking to grow their accounts, but still maintain an active lifestyle. Personally, I require a mobile application in 2020, because I want to trade is much as possible, whether I’m at home or on the road.

Aside from providing a secure space to trade, the Nadex platform provides traders with 4 features that set them apart from their competitors.

  • Trading Around the Clock
  • Short Term Contracts
  • Active Markets
  • Risks That You Define

To elaborate, traders can trade 23 hours a day Sunday to Friday, taking advantage of small market movements with short or long-term contracts. Clients also have the ability to set the exact size of their trade, so they are aware of the potential profit or loss it before the traders even placed. This type of mechanism is excellent, as it allows for a simple money management approach, which will limit your drawdowns.

Breakdown

  • Broker Name: NADEX
  • Platform: BO, Spread
  • Founded: 2009
  • Bonus: None
  • Return/Refund: Varies
  • No. Of Assests: 28
  • Regulated: CFTC
  • Demo Account: Yes
  • Minimum Deposit: 250
  • US Traders: Allowed

Nadex binary options demo

One of the main reasons traders sign up with Nadex originally is because of their easily accessible demo account which allows you to test the platform as well as your strategy with zero risk. Registering for demo account is very easy, as the “open a demo account” button is featured at the top of the websites first page. After clicking on this button, traders are required to fill out a short form, with their name, email and country. Once filled out, traders have immediate access to $25,000 in virtual funds which can be traded on all popular markets including stock indices, Forex, commodities, crypto-currencies and market events.

Nadex Platform

After signing up with a demo, you immediately get a visual of the Nadex platform. If you’ve been trading binary options for a while, this may be daunting at first, because it is a little more complicated than most brokers that are utilizing the SpotOption base platform. Instead of using the same white label service that many of the best binary brokers rely on, the North American Derivatives Exchange developers created their own proprietary system which is much more effective at providing traders with real up-to-date strike prices. This makes a major difference in the bottom line for traders, because there is no lag, or interference that can lead to price jumps and devastating losses.

Many clients the deal with platforms like SpotOption constantly complain about price manipulation. There are thousands of examples online of traders claiming that brokers are adjusting prices in the last few moments of a trade to ensure that they lose. While a claim like this sounds speculative and conspiratorial, the mere fact that there are thousands of these complaints definitely lends credence to the argument. Nadex’s proprietary platform makes sure that price manipulation is not possible, so the traders don’t feel like they are in an ongoing battle with their broker, but instead feel like they are in a two-way relationship.

In order to place a trade, all you have to do is click on a contract, set whether you want to sell or buy, set the size of the trade and the amount that you want to invest. This will seem a little more difficult if you are used to the way platforms like Binary Cent and FinRally operate in this market, but after 2 to 3 trades on a demo account you will certainly get the hang of it.

Account types

There are currently 4 options available for traders looking to open a trading account with Nadex. The most popular, are individual accounts for US residents and international citizens. There are no bonuses, or large deposit requirements, as traders can deposit as low as $250 to get started. Depositing this money is very simple, as US traders can utilize a debit card, and international traders can also use the debit method or a wire transfer. Traders are required to provide their permanent residential address, their date of birth and either their national identification number or Social Security number. Once these documents are sent in, traders can start trading immediately on their newly acquired live trading account.

The other 2 account options, are a business account and a permanent demo account. There’s really no reason to get into too much detail about either of these, as they are pretty self-explanatory. The permanent demo account provide you with $25,000 in virtual funds they traders can use as long as they want, because it won’t expire. The business account is for corporations, trusts and other entities based in the United States that want to trade on the Nadex platform with their business accounts.

Nadex Mobile Application

With the determined effort to lead the binary options market in technological advancements, the Nadex brokerage provides traders with access to their platform via mobile applications for iOS and Android. While some clients prefer to use the mobile website, the Nadex group felt it necessary to give the community as many options as they can to make their platform the most accessible, and easy-to-use in the market.

  • The applications provide “an innovative way to trade a wide variety of the world’s markets, all from one account.
  • Traders have access to multiple assets including but not limited to Forex pairs, crude oil, and cryptocurrency.
  • The app is fully secured, just like their web or desktop platforms.
  • It’s very easy to use, as the group spent countless hours on usability studies in different ways to ensure that the process was seamless.
  • Downloading the application is very easy, as it’s available on iTunes and in the Google Play Store .

For the most part, I prefer the desktop platform, but when I’m not around the house I use the mobile application to monitor my ongoing trades, and seldomly place new orders on the go.

Nadex Spread Trading

One of the most effective ways to trade with the Nadex platform, is to take advantage of their spread trading approach. This is a low risk way of trading, because the trades are sent between 2 levels. This means that there is a built-in floor that will limit your loss, without having to use a stop loss. In these trades, traders still have full control to exit the trade whenever they like, but in providing a ceiling and a floor, traders know before they get into the trade what the maximum win or loss is. This type of protection isn’t provided by any other broker in the binary options marketplace and works well with effective trading signals/software .

Some Nadex Client Feedback

Unlike the majority of binary options brokers, the Nadex client feedback is very positive. It doesn’t matter which review site you go to, you will find nothing but traders leaving reviews with 4 and 5 star ratings. The only complaints traders have about the brokerage is that the platform can be somewhat complicated, and that the broker can be strict in the early processes of opening an account. I have no complaints about either of these 2 issues, because the platform gets easier over time, and we definitely want the broker to be strict, so that they can continue offering the most reliable services available in the market.

The brokerage also has glowing reviews from CNBC , Bloomberg Businessweek and Yahoo Finance .

Conclusion of the review

There is no doubt in my mind that Nadex is the best binary options platform available for traders located in the United States. With millions of clients, and CFTC regulation, there’s really no reason to stop traders from signing up with a broker they can trust.

As far as I’m concerned, there is nothing more important than finding a binary options broker that is going to provide the utmost security when it comes to depositing and withdrawing funds. Once you have the peace of mind that your broker isn’t stealing from you, or tricking you, you can focus on building your trading strategy and growing your accounts.

I hope that you enjoyed my review, and that you will contribute your customer feedback so that we can continue to update this review in 2020 and beyond.

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Broker Bonuses & Advantages:

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Binary Options No Deposit Bonuses USA Brokers 2020 List

The possibility of trading without having to deposit real money on your binary options account is a rarity today. Therefore, we prepared for you binary options no deposit bonuses USA brokers 2020 list. They provide an opportunity of trading binary options even without funds for investment simply for free. This is a very interesting solution that allows to significantly expand the number of potential market participants.

These days only a few binary options brokers still accept North America customers (USA & Canada), but we found the best brokers for you! But first, we will explain to you in which way a binary options no deposit bonus work.

Some binary options no deposit bonus brokers require customers to contact support and submit identity documents (KYC). Other companies hold promotions and contests for bonuses. So, the trader must meet certain conditions to take advantage of binary options no deposit bonus brokers. In addition, you can use special coupons to take advantage of the above bonuses for trading options.

Binary options no deposit bonus brokers set its size preferably in the range from 10 to 100 dollars for free without a deposit – this amount is sufficient to trade binary options for the first time. Please note that you can get these funds free only one time (one time per IP, home address and name) so you should use them with extreme caution. All binary options no deposit bonus brokers offer traders an excellent opportunity to assess the prospects of work on the market without investing their own funds. The practice of using these incentives is becoming increasingly popular because you have the chance to make a profit without risk!

At this moment number one binary options no deposit broker for North America customers (USA & Canada), but not only because this broker accepts clients from all over the world, is Pocket Option Broker!

Binary Options No Deposit Bonuses USA Brokers 2020 List

Make Money Online – Binary Options No Deposit Bonuses

Binary Options trading is the fastest way to make huge profits fast in the online world. Make Money Online – Binary Options No Deposit Bonuses are the best way to start trading binary options without deposit and without risking your own money!

How to trade binary options:

Let’s say, you decide to trade EUR/USD with the assumption that price will rise. The pair’s current price is 1.1200, and you believe that after one minute, EUR/USD will be higher than that level.

You then look at your trading platform and see that the broker’s payout is 95% on a 1-minute option contract. Finally, decide to buy a “call” (or “up”) option and risk a $100.00. The risk you take is limited to the amount paid on the option. After 60 seconds if the price will go over 1.1200, even at 1.1201, you will win 195$ (95$ profit after 60 seconds).

$100 (your initial investment) + $95 (95% of your initial capital) = $195

If you will choose one from our recommended brokers, you can start trading binary options without deposit using binary options no deposit bonuses:

Pocket Option Broker 50 Dollars Binary Options Free No Deposit Real Money

PocketOption 50$ Binary Options No Deposit Bonus – Low Minimum Deposit

PocketOption Broker Review! Pocket Option comes fully packed with advanced methods of making trading pleasure. PocketOption offers 50$ binary options no deposit bonus even for USA binary options customers! With multiple deposit and withdrawal methods and an intuitive stage, this broker offers you all you want to be successful in the economic markets.

Founded in 2020, Pocket Option is a binary options broker owned by Gembell Limited That is registered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960.

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The broker provides a wide array of assets to get their own traders. The minimum deposit is just $50.

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Binary.com 2020 Review New Assets More Trading Platforms and No Deposit Bonus

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Binary.com Broker Review! Starting in 1999, Binary.com is one of the oldest and most respected brokers in online binary trading. Now you can trade Binary options, Forex, Crypto, CFDs, Metals, and Lookbacks using the different trading platforms including MT5, Binary Bot, Binary WebTrader, Japanese Ladders and more! Continue to read about binary.com trading platforms and no deposit bonus and discover all the benefits before to start to trade!

Binary.com Bonuses and Advantages:

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When you trade with Binary.com, you can be assured that your deposits are held in a separate trust account and are not used for any other purpose.

Binary.com is a licensed and regulated trading platform that serves over 1,000,000 customers globally. The company holds multiple licenses to comply with regulations around the world. Since 1999, they’ve served the clients with a constant and unwavering commitment to integrity and reliability. The broker always uses the highest ethical standards, in addition to the regulatory requirements.

Trade Forex and Contracts for Difference (CFDs) plus popular cryptocurrencies on the MT5 platform with leverage and variable spreads. No wallets are required to start trading.

Feel free to contact Binary.com friendly and helpful customer service experts. They’re always available to answer your questions. You can contact the broker via email and telephone.

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CRYPTOBO Broker Review! Cryptobo is the first trading broker on options which provides its traders with an opportunity to gain profit by trading cryptocurrency pairs.

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Many people increase their capital through cryptocurrency stock exchanges. Demand for binary options is growing, as while trading binary options, it’s really easy to gain profit using asset fluctuation, and one does not need special skills and education for that. Binary options are perfectly suitable for newbies who want to try and experience trading and for professionals who know financial markets quite good.

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Broker Detailes:

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  • Founded: 2020
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IQ Option: Top Binary Options Broker

Ever since the US Securities and Exchange Commission approved binary options in 2008, numerous traders have been interested in expanding their investments and exploring binary options trading. And s ince there’s an expanding list of available brokers today, it’s challenging to narrow down your choices to find the one that suits your preferences. With that, we’ve gathered the popular brokers to help you jumpstart your search.

To help you, we provide the lowdown on the top 15 popular binary options brokers of 2020 that you can consider for trading. Hopefully, the list will let you find the best broker for your investment needs and expectations, and start successfully trading on your own.

Binary options trading may have gotten a bad rap because of its all-or-nothing premise, but the high payouts keep traders coming back for more. This is why binary options markets remain strong in various regions around the world, particularly in Asia.

To avoid fraud in binary options trading, choose a trustworthy broker. These brokers can help minimize your losses and provide a measure of security for your funds. Some traders turn to smart contract-based binary options transactions to fortify their deals using blockchain technology.

Each broker also offers different options in terms of minimum deposit, maximum returns, and supported assets. Some brokers even allow traders to use cryptocurrency to fund their accounts or get payouts. The benefits of blockchain and the advantages that global fintech trends exert significant influence on the binary options trade.

To match you with the best binary options broker for your needs, we’ll take you on a tour of the top binary options brokers today. Our analysis of each broker lays out the most important features, including deposits, returns, bonuses, and supported platforms. This way, you can make an informed decision and get the best protection for your funds.

Top 15 Binary Options Brokers

1. IQ Option

IQ Option was established in 2020 and had since then received favorable reviews on the internet. It uses in-house software for trading. The maximum returns are 95%. However, traders in the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria are not accepted. IQOption Europe Ltd. is well-known for reliable broker services, as it is regulated by the CySEC.

It provides a wide array of web-based and mobile features that help make binary trading transparent, reliable, and more efficient. For instance, it offers a speed trading service with up to 5-minute increments and hourly binary options in 15-minute increments. It also offers trading expiration periods of up to a month. Moreover, its Digital Options service allows users to trade gold in over 500 assets.

IQ Option

Try out IQ Option with their free trial

This popular binary options tool offers a free demo account to help you get started. The minimum deposit is just $10 for the Real Account. And for the premium VIP account, the minimum deposit is $3,000. Customer support is currently offered via email, phone, and live chat. Finally, this broker offers multiple convenient deposit and withdrawal methods to help you trade easily.

IQ Option Key Features

  • Minimum deposit: $10
  • Minimum trade size: $1
  • Maximum returns: 95%
  • Supported trading platform: proprietary web, Android, iPhone

Detailed IQ Option Review

2. 365Trading

365Trading is registered with the CySEC and based in Cyprus. It was founded in 2020 and has since traded in the EU without issues. It primarily trades in binary options. As of this writing, US traders are not accepted.

The minimum deposit is at $100, with profits and bonuses reaching 85% and 100%, respectively. You can open a demo without deposit and try their long- and short-term expiries.

The platform, an in-house system, is robust and ideal for veteran traders. It features charts, lines, and candlesticks and provides historical analysis, functioning as a business analytics tool. The platform allows you to set up three assets with quick access shortcuts. Likewise, you can trade four assets simultaneously featuring a main window and three sub-windows.

Support is available via email and phone.

Detailed 365Trading Review

365Trading Key Features

  • Minimum deposit: $100
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: proprietary, web, Android and iPhone

3. Ayrex

Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and is focused on binary options. As of today, US traders are not accepted.

The minimum deposit is $25, one of the lowest, while the bonus is up to 10%, 20% and 30%, based on the amount of your deposit for Ayrex account holders.

The broker uses a proprietary trading platform featuring instant withdrawals, which is unique in the niche. The interface is neat and lets you quickly jump to different trades. It’s ideal for short-term trading. High/Low options are also available.

Support includes 24/7 live chat and via email. Likewise, the system is accessible from Android and iPhone apps.

Detailed Ayrex Review

Ayrex Key Features

  • Minimum deposit: $25
  • Minimum trade size – $5
  • Maximum returns: up to 85-90%
  • Bonuses: $30 no-deposit new account, up to 30% on the trade
  • Supported trading platform: proprietary, web, Android and iPhone

4. OptionFair

OptionFair was founded in 2020 and is based in Cyprus. It is regulated by the CySEC and is also listed on the London Stock Exchange, a first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs, and binary options on 118 underlying assets.

The minimum deposit is $100, with returns up to 100%. However, there are no indicated bonuses, but you can always contact support for possible terms. The expiry time is shorter than average but makes for quick returns over short-term trading.

The broker uses its own platform that allows you to shift trading from forex to binary and to CFDs, from a single interface. It gives you access to myriad assets and instruments and a wide range of expiries. You can, in fact, trade simultaneously on forex and binaries. Mobile apps for Android and iPhone are available.

There is phone support in five international numbers, including English, Spanish, Italian, and French. Email and live chat support are likewise provided.

Detailed OptionFair Review

OptionFair Key Features

  • Minimum deposit: $100
  • Maximum returns: 100%
  • Bonuses: none
  • Supported trading platform: proprietary, web, Android and iPhone

5. BinaryTilt

BinaryTilt is an unregulated broker with headquarters in London, England, but is wholly owned by Cyprus-based Depix Holdings. Although it isn’t overseen, the broker seems to have a clean record with rare warnings from authorities. US traders are not accepted. It trades in stocks, indices, forex, and commodities across 150 underlying assets.

The minimum deposit is $250, with profits of up to 85%. Likewise, bonuses can reach 100%. Trading styles include high/low, one-touch, range, and on-demand. The stocks are also mainly US or EU-based companies.

The trading platform is SpotOption, a standard but increasingly old school tool compared to newer platforms today. The UI is familiar, and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.

Detailed BinaryTILT Review

BinaryTilt Key Features

  • Minimum deposit: $250
  • Maximum returns: 85%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web-based, Android and iPhone

6. GTOptions

GTOptions is another Cyprus-based binary options broker. It uses the SpotOption trading platform, which is one of the most dependable web-based solutions in the market today. Its interface is smart and easy to use, with color-coded buttons and tabs arranged per type of trade offerings and asset offerings to be traded.

This binary options platform also offers several intuitive tools to help traders achieve better outcomes. For instance, it has a risk management feature that allows traders to cash in on their live trades before contract expirations. Likewise, it has a binary meta mode that supports high-level trading, specifically designed for professional traders.

Finally, the vendor offers 24/7 customer support and provides an extensive library for education and reference purposes.

Detailed GTOptions Review

GTOptions Key Features

  • Minimum deposit: $250
  • Maximum returns: 81%
  • Bonuses: Below $1000 50% bonus, above $1,000 100% bonus
  • Supported trading platform: proprietary, web, Android, and iPhone

7. OneTwoTrade

OneTwoTrade uses the popular web-based SpotOption trading architecture. The company provides the latest technological advancements for the benefit of its clients. OneTwoTrade has won an award for providing an efficient and safe trading platform that is relatively easy to use.

This fully-licensed binary options brokerage firm is headquartered in London. It is also highly regulated by government agencies, such as the Malta Gaming Authority. Moreover, OneTwoTrade is rigidly tested to ensure precision, stability, and quality.

OneTwoTrade offers two trading accounts; one is free, while the other is paid. The latter, called Privilege Plus, offers more benefits to users, including comprehensive market analysis, special promotions, and anytime access to senior account managers. Privilege Plus members also get either an iPhone or iPad that’s equipped with a special mobile trading app.

Detailed OneTwoTrade Review

OneTwoTrade Key Features

  • Minimum deposit: $200
  • Maximum returns: 65% to 85%
  • Bonuses: not specified.
  • Supported trading platform: proprietary, web, Android and iPhone

8. 99Binary

99Binary operates from Anguilla, a British overseas territory in the Caribbean. Started operations in 2020, this binary options trading company serves clients in the US and worldwide. It has a well-designed, comprehensive online portal that offers numerous features, tools, and trading information.

This HTML-based binary trading solution offers users the convenience of a clean, clutter-free dashboard design. Users will appreciate how the site presents data on the latest success trades of other users, which can be easily copied for later use.

Another notable feature of 99Binary is its trading turnover requirement. To cash out bonuses, customers must achieve a particular turnover quota, which goes down for every tier. This is an effective motivation for traders who love bonuses.

Detailed 99Binary Review

99Binary Key Features

  • Minimum deposit: $250
  • Maximum returns: up to 86% on Standard & 60-Seconds, and up to 350% on One Touch
  • Bonuses: To cash out bonuses, Starter level users must reach 30x turnover. For Premium users, 20x turnover is required.
  • Supported trading platform: proprietary, web, Android and iPhone

9. Binary.com

UK-based Binary.com is a licensed broker regulated in the British Isles, Malta, Ireland, and the UK. However, US, Canada, Japan, Hong Kong, and Costa Rica traders are not accepted. It is one of the more transparent companies in the industry that declares its owning company and market operations. Formerly the BetonMarkets, Binary.com blends gambling and trading but with transparency. It offers CFDs, FX margin, and crypto trading via MT5.

You can start the trading time aside from the expiry date, and the investment amount is based on the payout you set. The minimum deposit is $10, and for e-wallets, it’s even lower, at $5.

Bonuses are not standard; rather, they consist of two types–the Deposit Bonus and Free Bonus. Likewise, percentages are not specified, but you are required to have as much as 25 turnovers to avail yourself of a withdrawal. There’s also a 1.5% payout commission.

The broker supports various trading platforms, such as Binary Webtrader, Binary Bot, and Binary Next-Gen. Furthermore, it can personalize client trading needs all under one roof.

Th e platform is intuitive to the first-time trader and robust for the veteran. It features a lot of visual tools like charts and technical indicators, and the tutorials on binary options are comprehensive. Likewise, it supports 12 languages and provides a virtual money account. Mobile apps are available, with a mobile payment system.

Binary.com Key Features

  • Minimum deposit: $5 for e-wallet and $10 for debit and credit cards
  • Maximum returns: 100-1000% depending on contracts and trades
  • Bonuses: not specified
  • Supported trading platform: proprietary web, Android and iPhone

10. eToro

Tel Aviv, Israel-based eToro is a social trading network and not a broker. It allows you to copy the leading traders in its community and, hopefully, realize the same margins. Conversely, your trading can be copied, which earns you additional income.

In this platform, you invest in people, not currencies. You will have to be mindful of other traders’ behaviors and analyze their patterns or strategies, instead of learning financial charts and indicators.

No worries, eToro provides more than 16 lectures and video courses on how to hone your skills. These include identifying consistent traders, not just one-shot deals. You also get a list of the best traders on currencies, indices, and commodities across a wide range of underlying assets.

On the B side, you can share your trading insights and enroll in the Popular Investor Program as a trade authority. While the minimum deposit is $200, the maximum returns vary. The network uses its in-house trading platform with Android and iPhone apps.

eToro Key Features

  • Minimum deposit: $200-$10,000, depending on the country
  • Maximum returns: varies
  • Bonuses: not specified
  • Supported trading platform: proprietary, web, Android and iPhone

11. 24Option

24Option has been online since 2020 and is a stable and reliable broker as it is regulated by the CySEC. It uses the third-party TechFinancials trading platform. Maximum returns are up to 88%. This broker does not accept traders from the US and Australia.

The minimum deposit amount is $250, and the minimum investment amount is $24. Trade types offered are high/low, one touch and no touch, boundary, and 60 seconds.

A demo account is offered for new traders. You can enroll in Standard, Gold, or Platinum account depending on the amount you deposit and the features you want. 24Option provides customer support via phone, live chat, and email in English and 13 other languages.

24Option Key Features

  • Minimum deposit: $100
  • Maximum returns: 88%
  • Bonuses: up to 100%; 25% or $500 (whichever is lowest) for first-time depositors
  • Supported trading platform: TechFinancials web, Android and iPhone

12. ETX Capital

ETX Capital is headquartered in London, UK, and regulated by the British Financial Conduct Authority (FCA). It trades in forex, equities, indices, and commodities, but note that binary options are unregulated by the FCA. Likewise, US traders are not accepted as of this writing.

The broker takes pains in educating newbie traders, explaining in detail binary options, risk trading, and other key topics.

The minimum deposit is $100, with returns between 75% to 85%. Bonuses are not specified but are available. A call to their support should specify a personalized bonus based on your investment. Likewise, withdrawals above $100 are free of charge.

The broker uses MarketPulse as a platform. It is clean and intuitive for beginners with expiry times easy to locate. However, it only supports English.

ETX Capital Key Features

  • Minimum deposit: £200 (around $260)
  • Maximum returns: 100%
  • Bonuses: varies, personalized
  • Supported trading platform: MarketPulse, web, Android, and iPhone

13. CMC Markets

UK-based CMC Markets has been a forex broker since 1989 but only went into binary options in 2020. Still, that’s a long history of trust and reliable operations compared to most binary options brokers. On top of that, it is regulated in the UK.

Today, it trades in indices, commodities, shares, treasuries, and forex, but US clients are not yet accepted. There is no minimum deposit, and there are no bonuses, too. Returns also vary depending on the product.

Meantime, the platform is customizable and includes charting tools, pattern recognition functionality, various screen layouts, and multiple timeframes. The system is accessible from Android and iOS devices. Support is UK-based and consists of live chat, email, phone, and fax.

CMC Market Key Features

  • Minimum deposit: no minimum deposit
  • Maximum returns: up to 95%
  • Bonuses: none
  • Supported trading platform: proprietary web, Android and iPhone

14. EmpireOption

Founded in 2020, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted. The broker trades in forex and CFDs with a diverse underlying investment portfolio.

The minimum investment is $200 and up to 80% maximum returns. Likewise, bonuses can reach 100%, but terms apply.

The trading platform is SpotOption but minus the SpotOption payment network. EmpireOption also uses its own branding interface and maintains control of most of the trading aspects.

Phone and email support are available.

EmpireOption Key Features

  • Minimum deposit: $200
  • Maximum returns: 82%
  • Bonuses: up to 100%
  • Supported trading platform: SpotOption, web, Android, and iPhone

15. BinaryMate

Binarymate is a UK-registered broker that is reliable as it follows the strict financial regulations of the UK. It accepts US traders. This broker uses a unique in-house platform for trading. You can earn a maximum return of 90%.

Trading accounts start with the basic Bronze package for which the minimum deposit is $250, and you get a 20% welcome bonus. For Silver account, the minimum deposit is $1,000, and you get a 50% welcome bonus. Finally, for the premium Gold account, the minimum deposit is $3,000, and you can choose between risk-free trades or a bonus of $250.

A unique customer support feature offered by Binarymate is live video chat with agents who are available 24/7. Support is offered in English, French, Spanish, and Russian. Last but not least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker, though, it’s always best to make a binary options brokers comparison first to make sure you pick the best service.

BinaryMate Key Features

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades
  • Supported trading platform: proprietary web, Android and iPhone

How to Succeed in Binary Options Trading?

Many people pursue to trade in binary options even though many fail. This is because of the ease of trading, coupled with the high-profit potentials it offers. However, with thousands worldwide continuing to trade in binary options every single day, is it still possible to succeed in this lucrative trade?

A good place to start is to have an authoritative list of today’s top binary options brokers. So that’s now a check. Likewise, make sure you have the appropriate payment gateway providers for seamless payment transactions. Finally, check out these key elements that will help you succeed in binary options trading:

  • Learn how to interpret historical, current, and predicted charts.
  • Test various trading strategies and use one that works for you.
  • Always consider market indicators.
  • Learn to control your emotions, use them to your advantage.
  • Trade by capitalizing on your strengths and follow your signals.
  • Prepare and stick to a personal, long-term trading plan.

Yes, because of the high stakes involved, trading in binary options is really difficult and high-risk. But if you’d take the time to learn the ropes and sustain your commitment to it, it is realistic to succeed in the binary options trade.

Check out our 2020年最受欢迎的15家二元期权经纪商:哪一家是最好的? article for a Chinese version of this article and 15 nhà môi giới quyền chọn nhị phân phổ biến của năm 2020: Ai mới là tốt nhất? is available for the Vietnamese audience. There is also a Korean version available here: 2020년 최고 인기 바이너리 옵션 브로커 15개사, 누가 최고일까?

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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