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Best Binary Trading Platforms

Overview

The premise behind a binary option is a simple yes or no proposition: Will an underlying asset be above a certain price at a certain time?

Binary options are financial options that come with one of two payoff options: a fixed amount or nothing at all. That’s why they are called binary options—because there is no other settlement possible.

In this article, we explore the 27 best binary trading platforms that grant traders access to this unique financial instrument, allowing you to diversify your portfolio and take your trading to the next level.

Here are our 10 Best Binary Trading Platforms

Let’s get started with the full breakdown of the Best Binary Trading Platforms.

IQ Option

IQ Option Broker Review


4.7/5

Rated

#247
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Regulated by major regulatory organizations including CySEC, IQ Option focuses on making CFD and Options trading accessible and exciting for traders.

An award-winning browser-based platform and connected apps; this accessible software changed the way options trading is done online.

With accessible accounts with 10 USD minimum deposits, video education material, and 24/7 customer service, any Forex trader who is also interested in binary options trading on the same account, should consider IQ Option as their brokerage.

Pros and Cons

✔️PROS ❌CONS
Well regulated Certain countries restricted
Excellent interface
Low minimum deposit requirement

Features

Feature Information
Regulation CySEC
Minimum deposit from US Dollar 10
Commissions from None
Deposit/Withdrawal Fees US Dollar 31
Bonuses Non
Customer Support 24/5

ExpertOption

Expert Option Broker Review


4.7/5

Rated

#241
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

ExpertOption is an online trading platform that offers over 100 different financial assets to trade including currencies, stocks, commodities, and cryptocurrencies.

Located in Port Vila, Vanuatu, ExpertOption is regulated by the Vanuatu Financial Services Commission with license number 15014.

This broker has been around since 2014 and has over 13 million accounts opened since that time.  With over 100 account managers, ExpertOption is one of the most popular and well-known trading platforms available.

Unlike other brokers that use turnkey platforms such as TechFinancials or SpotOption, ExpertOption developed its own custom platform to cater to the needs of its clients.

Lightning-fast execution, accurate price feeds, and weekend trading are all advantages of the ExpertOption platform.

Pros and Cons

✔️PROS ❌CONS
Advanced trading platform Lax regulation
Wide range of instruments Short-term options

Features

Feature Information
Regulation SVGFSA
Minimum deposit from US Dollar 10
Commissions from 5%
Deposit/Withdrawal Fees US Dollar 31
Bonuses 100% Deposit Match
Customer Support 24/5

Olymp Trade


4.7/5

Rated

#–
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Olymp Trade is one of the most popular online brokers in the industry, with over 25,000 clients currently trading on its platform every day.

Olymp Trade has been operational since 2014, and the firm has a reputation for continuing to improve its trading platform with each successive year.

As one of the more popular brokers on the market, Olymp Trade offers an easy user interface, great customer service, and plenty of options to learn how the markets work.

Pros and Cons

✔️PROS ❌CONS
Excellent customer support Lax regulation
User-friendly trading platform No social trading
Relatively low minimum deposit

Features

Feature Information
Regulation None
Minimum deposit from US Dollar 10
Commissions from 0.00400%
Deposit/Withdrawal Fees None
Bonuses US Dollar 30 Welcome Bonus
Customer Support 24/5

HighLow


4.4/5

Rated

#430
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

HighLow has earned a reputation among binary traders in the online trading community as being one of the few brokers that are trustworthy and transparent.

While the bulk of the binary options brokers around the world have opted to shift their operations to a tax haven country in the Caribbean, HighLow has chosen to remain in Australia under the jurisdiction of ASIC.

For access to the financial markets, HighLow has opted to adopt the white-labeled trading platform provided by Markets Pulse.

While the trading platform does not have as many features as the popular SpotOption binary trading platform, it is well designed to suit the needs of traders who are just beginning to take up online trading.

The trading platform allows its users to trade the binary options market with 5 different types of options contracts namely High/Low options, High/Low spreads, Turbo options and Turbo spreads options.

Pros and Cons

✔️PROS ❌CONS
Well regulated
Demo account available
High payouts

Features

Feature Information
Regulation ASIC
Minimum deposit from US Dollar 50
Commissions from None
Deposit/Withdrawal Fees None
Bonuses US Dollar 50 Cashback sign up bonus
Customer Support 24/5

OptionRobot

Overview

Created by a team of highly experienced software developers in 2014, OptionRobot.com is an automated binary options trading software.

This kind of clever technology is built to help traders, by identifying and monitoring trading opportunities and then actually trading on the users’ behalf. It’s a particularly good product for newbie traders, who can learn to trade while watching the software work.

But it also has a place for more experienced traders too, who might not be a master of a diverse range of different assets, but still want to trade them.

This trading software is one of the leading trading robots in the industry and gives traders the choice of connecting to a selected number of binary options brokers.

While most binary options trading robots thrive on marketing hype, Option Robot is different as it relies solely on its ability to use popular technical indicators and proven trading strategies to produce favorable trading results.

Pros and Cons

✔️PROS ❌CONS
Demo account available No verified trading results
Free software Limited customer support
High winning ratio
Read:  Aplikasi Trading Binary Di Pc

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

Ayrex

Overview

Ayrex is a binary options broker established in 2014 and operated by Advanced Binary Technologies Ltd.

Its main office is located in St. Kitts and Nevis.  Ayrex accepts traders from around the globe but does not serve traders in the United States, Iraq, Iran, North Korea, Syria, and several other countries.

Ayrex offers its clients many possibilities for binary options trading. In addition to offering a wide range of currency pairs to trade, in the summer of 2016, the broker increased its offerings by adding 35 stocks to its list of tradable assets.

Trading is available on the broker’s web-based platform and its Android and iOS mobile applications.

Pros and Cons

✔️PROS ❌CONS
Automatic withdrawals Not currently regulated
More than 60 assets to trade
High payouts

Features

Feature Information
Regulation None (CySEC pending)
Minimum deposit from 25 USD/EUR
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 30% Deposit Bonus
Customer Support 24/5

CryptoRobot365

Overview

Cryptorobot365 is yet another Seychelles-based binary trading broker. It mainly deals with cryptocurrencies. You can trade with Ethereum, Bitcoin, Monero, Litecoin, or Ripple. The platform, unlike the others, is quite straightforward.

You just buy the cryptocurrency of your choice under speculation that it will appreciate at price. The platform is an automatic platform. It monitors the trends in the cryptocurrency market and sells or buys cryptocurrency on your behalf to help you make profits.

Pros and Cons

✔️PROS ❌CONS
Advanced trading tools
No extra trading fees
Fast payouts

Features

Feature Information
Regulation None
Minimum deposit from US Dollar 1000
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 30% Deposit Bonus
Customer Support 24/5

BinaryRobot365

Overview

Binaryrobot365 is yet another robot-based binary options broker. Instead of you monitoring the markets, yet set the ideal market conditions and let the robot make the trade when it detects them.

Binaryrobot365 claims to register up to a 90% win rate among its traders. It is a great platform for novice traders to try their hands in binary trading. Binaryrobot365 is one of the best binary options brokers in India.

Pros and Cons

✔️PROS ❌CONS
Easy account setup Manual management probability
Advanced trading platform
Customizable account

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

Binary.com

A review about Binary.com


4.6/5

Rated

#342
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Binary.com is a UK-based binary trading broker. It has been licensed by and is under the regulation of the British Isles, Malta, Ireland, and the UK.

It is one of the most transparent binary options brokers in the industry. It has made declarations of owning the company, and it is in charge of the market operations.

The platform brings together aspects of speculation and binary trading. Its services include FX margins, Crypto trading via MT5 and CFDs.

Binary.com offers you over 100 instruments to trade with. Binary.com also offers you interactive webinars, daily market reports, and eBooks and videos for learning, all for free.

Pros and Cons

✔️PROS ❌CONS
High payouts No signup bonus
Good trading platform
Demo accounts

Features

Feature Information
Regulation Malta Financial Services Authority
Minimum deposit from US Dollar 5
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

Finmax


4.4/5

Rated

#384
 of

Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Finmax is a Bulgaria-based binary options broker. The platform was launched in 2015 and boasts of a team of financial market professionals who help people around the world trade in binary options.

The platform does not admit US traders though. Finmax has a couple of awards under its belt. They are an indication of its prowess as far as binary trading is concerned.

Finmax also offers some shorted trade durations. You can set the trade to last for as little as 30 seconds. You can also set long durations. They can be as long as six months, depending on your speculations.

Pros and Cons

✔️PROS ❌CONS
Fast trading platform No Windows phone support
Demo account
Educational resources

Features

Feature Information
Regulation IFMRRC
Minimum deposit from US Dollar 250
Commissions from None
Deposit/Withdrawal Fees 5%
Bonuses 25% Bonus
Customer Support 24/5

FXMasterBot

Overview

FXMasterBot is yet another binary trading robot. It offers 17 forex pairs and five cryptocurrencies to trade with.

FXMasterBot claims the platform is made by a team of financial analytics professionals. It delivers trading signals after every minute. The system resembles many other robots in that it allows you to connect to your broker’s platform.

Pros and Cons

✔️PROS ❌CONS
Automated trading Not available in all geographic regions
Stop-loss features
Adjustable settings

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

Binarycent


4.4/5

Rated

#343
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Binarycent is a forex CFD trading platform. You trade in binary options with forex as the asset.

Binarycent has one of the lowest minimum investment amounts. You can invest as little as 10 cents on Binarycent. Binarycent works just like a majority of the other binary options brokers.

Pros and Cons

✔️PROS ❌CONS
Automated trading Not available in all geographic regions
Stop-loss features
Adjustable settings

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

Binarymate

Overview

Binarymate is a UK-based binary options broker. The UK has strict regulations for binary options trading. Binarymate is registered in the UK, and it accepts US traders too.

It is one of the most reliable and secure binary options trading platforms. It is actually one of the most trusted binary options brokers.

Read:  Olymp Trade Dan Iq Option Dan Binary.com Perbandingan

Binarymate offers more than 100 assets to trade with. It boasts of 5372 trading accounts in the system and US Dollar 345 217.5 worth of trading volume in the last month. The platform also offers a lot of training and educational materials that newbies can take advantage of.

Pros and Cons

✔️PROS ❌CONS
Accepts traders from all around the world Mobile trading not yet enabled
Excellent customer service Not regulated
Free market management tools

Features

Feature Information
Regulation None
Minimum deposit from US Dollar 250
Commissions from None
Deposit/Withdrawal Fees US Dollar 50 for international wire transfer
Bonuses 100% + US Dollar 250 Welcome Bonus
Customer Support 24/5

Raceoption

Overview

Raceoption is yet another highly rated binary options broker. Raceoption is UK-based and is subject to the UK’s strict laws and regulations.

The brokerage was launched in 2014, and it has one of the friendliest platforms. Raceoption accepts traders from all over the world, including those from the US. The platform boasts average trader earnings of 1217 per month. It has 1570 traders at the moment and more than US Dollar 1.9 million in trader earnings per month.

Pros and Cons

✔️PROS ❌CONS
User-friendly trading platform Lax regulation
Over 150 assets
Fast deposit and withdrawal

Features

Feature Information
Regulation Not indicated
Minimum deposit from GBP250
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Deposit Match
Customer Support 24/7

AutoMatedBinary

Overview

AutoMatedBinary is a binary options trading robot. It is a great service for novice binary traders and veterans as well. It allows you to work with several binary options brokers. You can connect your robot account with several binary options brokers too.

AutoMatedBinary offers you three robot plans depending on the level of risk you are willing to take.

Keep in mind that high-risk options mean you can easily lose the money, but you will get a pretty sum if you turn out to be right. Low-risk options may not have high returns even if you are right.

Pros and Cons

✔️PROS ❌CONS
A good option for beginners
Links to several brokers

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/7

ZoomTrader

Overview

ZoomTrader is a binary options trading platform that provides investors and traders with the ability to trade stocks, currency pairs, commodities, and indices on the binary options market.

ZoomTrader maintains offices across the world, including London, British Anguilla, and the Republic of Seychelles.

Pros and Cons

✔️PROS ❌CONS
Excellent customer support No demo account
Low minimum deposit
High payout

Features

Feature Information
Regulation CySEC
Minimum deposit from US Dollar 200 or equivalent
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Welcome Bonus
Customer Support 24/5

HyOption

Overview

HyOption is a binary options broker that is licensed by CySEC.  It is owned by a company called HYCM based in Cyprus.

HyOption just like many other brokers allows you to trade in binary options using various assets. It offers up to 100 assets that you can trade with.

Hyoption does not offer much information regarding how many subscribers they have on the platform, or the revenues collected. Their trading platform has similar features as many other brokers that we have reviewed.

Pros and Cons

✔️PROS ❌CONS
User-friendly platform
A large number of binary option choices
Fast withdrawals

Features

Feature Information
Regulation CySEC
Minimum deposit from US Dollar 250 or equivalent
Commissions from None
Deposit/Withdrawal Fees US Dollar 30
Bonuses 75% Deposit Bonus
Customer Support 24/5

24Option


4.7/5

Rated

#190
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

24Option is an online trading platform based in Belize City, Belize. It has been around since 2010, and it is one of the most stable and reliable trading platforms.

It is under the rules and regulations of CySEC. 24option’s binary trading is enabled by a third-party entity named TechFinancials trading platform. 24option does not accept traders from the US and Australia.

Pros and Cons

✔️PROS ❌CONS
Well regulated Limited trading tools
Commission-free accounts Limited educational tools
Webinars

Features

Feature Information
Regulation CySEC, IFSC
Minimum deposit from US Dollar 10
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Deposit Bonus
Customer Support 24/5

Binomo

Binomo Broker Review


4.1/5

Rated

#344
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Binomo is yet another Seychelles-based binary options broker that has been in operation since 2014. It has been providing brokerage services for Russian traders.

Binomo is registered and regulated by the EU. Binomo prides itself on uniqueness and affords trading conditions.

It is hailed as one of the safest and most reliable binary trading platforms in the industry. It is a great platform for binary trading newbies too. It has a wide range of training resources.

Pros and Cons

✔️PROS ❌CONS
Low minimum deposit Lax regulation
Competitive payout
Easy to use trading platform

Features

Feature Information
Regulation IFC
Minimum deposit from US Dollar 10
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Deposit Match
Customer Support 24/5

Nadex


4.4/5

Rated

#475
 of
Recommended FX Brokers

💰Minimum Deposit

🌐
Regulators

☪️
Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Nadex is an important platform to consider if you plan to trade binary options in the US. From a certain point of view, it’s the only real licensed broker in the USA where you can trade binary options (see our guide on trading binary options in the US for more information).

This exchange platform lets you take positions on all kinds of options or contracts, but everything is well-regulated thanks to the guidelines of the CFTC.

Pros and Cons

✔️PROS ❌CONS
Advanced software High minimum deposit
Excellent demo account
Relatively low fees

Features

Feature Information
Regulation CFTC
Minimum deposit from US Dollar 250
Commissions from  US Dollar 1 per option per trade
Deposit/Withdrawal Fees None
Bonuses US Dollar 100 Deposit Bonus
Customer Support 24/5
Read:  Yang Resiko Kecil Trading Binary

PocketOption

Overview

If you’re looking for an excellent trading platform with instant withdrawals, social trading, and a generous 50% deposit bonus, PocketOption is a great option to consider.

PocketOption is one of the only brokers that accept clients from the USA and European countries.

Pros and Cons

✔️PROS ❌CONS
Wide variety of assets Only one trading account
Instant deposits Simplified trading platform
Multilingual platform

Features

Feature Information
Regulation IFMRRC
Minimum deposit from US Dollar 50
Commissions from  None
Deposit/Withdrawal Fees None
Bonuses 50% Deposit Bonus
Customer Support 24/5

Spectre.AI

Overview

Spectre.AI is an industry-leading blockchain-based trading platform. It claims to be the future of digital options, forex, and CFD trading providing brokers access to international markets via the platform and mobile app.

Powered by DALP, the platform executes smart options contracts that are fraud-free.

Unlike traditional brokers where trades are handled by an intermediary, such as a broker, Spectre.AI logs trades into a blockchain where they are verifiable across the publicly distributed ledger network.

This means 24/7 liquidity, no account managers, no salespeople, and zero opportunity for fraud.

Pros and Cons

✔️PROS ❌CONS
Easy to use trading platform Ethereum wallet required for trading
Unlimited free demo account
Instant withdrawals

Features

Feature Information
Regulation Not indicated
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

VideForex

Overview

If you are looking for the best online day trading brokers, then VideForex.com deserves consideration.

Despite being relatively new, it offers attractive weekly contests, a bespoke trading platform, plus live video support.

Besides, with several online trading accounts, plus straightforward setup and use, this broker is an attractive proposition for both beginners and experienced traders.

Pros and Cons

✔️PROS ❌CONS
Account available in multiple currencies Relatively high minimum deposit

Features

Feature Information
Regulation None
Minimum deposit from US Dollar 250
Commissions from 5% for leveraged CFDs
Deposit/Withdrawal Fees US Dollar 50 for international wire transfer
Bonuses Up to 100% deposit match
Customer Support 24/5

SmartTrader

Overview

With automated Smart Tools, relevant data, widgets, and more, SmartTrader validates your trading decisions and gives you all of the information you need so you can execute trades with confidence.

Whether a seasoned trader or novice, fast-track your trading analysis with SmartTrader’s proprietary Smart Tools, plus over 100 standard tools that help save time and increase accuracy.

Smart Fibonacci can be easily applied by selecting on the high or low of a pivot to quickly identify the Fibonacci sequence with one click.

With SmartTrader, you can monitor and analyze multiple markets with access to more than 8,000 stock, Forex, ETFs, and crypto symbols.

SmartTrader is a binary options trading robot that allows users to connect to their preferred brokers for optimal trading conditions.

Pros and Cons

✔️PROS ❌CONS
Excellent trading tools
Wide range of instruments

Features

Feature Information
Regulation None
Minimum deposit from None
Commissions from None
Deposit/Withdrawal Fees None
Bonuses None
Customer Support 24/5

OptionFair

Overview

OptionFair, founded in 2012, is a binary options trading platform provider operated by B.O. TradeFinancials, located in Cyprus and regulated by CySEC as well as MiFID. OptionFair offers options in major currency pairs as well as commodities and stocks.

Pros and Cons

✔️PROS ❌CONS
Well regulated US traders not accepted
Listed on London Stock Exchange
Advanced trading platform

Features

Feature Information
Regulation CySEC
Minimum deposit from GBP 250
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Deposit Bonus
Customer Support 24/5

BinaryTilt

Overview

BinaryTilt is owned and operated by Chemi Holdings Limited located in London, UK. It won the award for Best New Regulated Broker in 2015. It is regulated as a Financial Services Provider on the New Zealand Financial Services Providers Register (FSPR).

BinaryTilt was incorporated in New Zealand in 2013 and offers traders a wide choice of trade types, unique trading tools, and a huge range of underlying assets.

The BinaryTilt platform was set up by a group of professionals from the financial and internet industries and provides professional-level charting to binary options traders to ensure all trades are executed accurately.

Pros and Cons

✔️PROS ❌CONS
SpotOption available Average payouts
CFD and FX trading also offered

Features

Feature Information
Regulation FSPR
Minimum deposit from US Dollar 250
Commissions from None
Deposit/Withdrawal Fees None
Bonuses 100% Deposit Bonus
Customer Support 24/5

GTOptions

Overview

GTOptions is an excellent binary options broker offering legitimate services to a large number of traders daily.

GTOptions is among those brokers who offer the best rate of return in the industry, leading to some of the highest payouts in binary options trading.

GTOptions is a relatively new binary options broker and has been in operation since 2011. GTOptions has won the support of several prominent innovators and market experts.

Their platform is also one of the easiest to use. In addition to this, GTOptions offers several services including educational tools and multiple platforms for the convenience of traders.

Pros and Cons

✔️PROS ❌CONS
Over 150 assets to choose from No demo account

Features

Feature Information
Regulation CySEC
Minimum deposit from US Dollar 250
Commissions from None
Deposit/Withdrawal Fees US Dollar 25 withdrawal fee for wire transfer
Bonuses 100% Deposit Bonus
Customer Support 24/5

FAQ’s

What is binary options trading?

A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results.

If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It’s called ‘binary’ because there can be only two outcomes – win or lose.

Can you make money with binary options trading?

Compared to other trading, the returns in binaries are extremely attractive. Some brokerages promise payouts of up to 90% on a single trade.

If you’re looking to make simple trades with large profit potential, binaries could well be worth considering.

Which are the best binary options trading platforms?

Check our comprehensive list of the 27 best binary options trading platforms directly from the Forex Suggest website.

Situs Trading Turbo Binary Di Playstore

Source: https://forexsuggest.com/binary-trading-platforms/

Posted by: derivbinary.com