Binary options are one of the new ways to make money by investing in commodities, currencies, and stocks.
Nowadays, more and more people are investing online because it is easy to manage as well as provides much more dividend and profits as compared to traditional investments.
To invest in a binary options market, the first thing you need to do is open an account with a renowned and well-known binary options broker.
If you are new to the market, it can be challenging for you because there are plenty of brokers in the market. You need to work with a broker who holds a trading license and regulated by the licensing bodies.
Here is the list of top 10 binary options broker which can help you to achieve your financial goals:
IQ Option is one of the popular binary options brokers and was established in the year 2012. They provide a maximum return of 95 percent and uses in-house tools and software for online trading.
However, it does not accept traders from some of the countries such as the USA, Russia, Japan, Syria, and others.
To help you get started, it provides a free demo account. You need to deposit at least $10 to get a real account and a minimum of $3000 to become a premium VIP member. It offers multiple withdrawal and deposit options to ease the process of trading online.
It is a UK-based licensed broker which is regulated in the UK, Ireland, and the British Isles. Binary.com is considered as one of the most transparent enterprises in the industry.
You need to deposit at least $5 to get an e-wallet. The platform is suitable for both the beginner and veteran trader as it provides charts, tutorials, and other technical indicators.
It is also available in both Android and iOS.
It is an Australia-based broker that uses MarketPlus trading platform. HighLow does not allow US traders and offers maximum return up to 90 percent.
You need to invest at least $50 to start trading with a minimum trade size of $10. HighLow is one of the brokers which offers fast expiration such as 60, 90, and 300 seconds expiration times.
It also provides customer support via call and email in two languages, i.e., English and Japanese.
Marketsworld have ceased their operation.
Marketsworld is one of the top brokers of Great Britain which is regulated by The Isle of Mann GSC. It is one of the few brokers which accepts traders from America. You need to deposit a minimum of $10 with a trade size of $1. It provides support via live chat, email, and mobile phone in more than eight languages including English, Russian, Italian, and many more.
eToro is based in Israel and is not a broket but a social trading network. It allows you to duplicate the top traders of the industry and provides the same margin.
It is a platform where you invest in people and not in dollars or any other currency. eToro provides extensive documentation and tutorial videos to master the behavior of other traders and their strategies.
You need to deposit a minimum of $200 to start investing, and it is available in both Android and iOS.
24Option was established in the year 2010 and is considered one of the most reliable broker. It provides a maximum return of 88 percent and traders from Australia and America are not allowed to use the platform.
You need to invest at least $24 and deposit a minimum of $200 to start trading in binary options. 24Option also provides a free demo account for the new traders.
It also provides support over live chat, email as well as call in more than 14 languages.
ETX Capital is based in the UK and is regulated by the FCA. Along with binary options it also trades in equities, commodities, and others.
You need to deposit at least $100, and it provides a maximum return of 85 percent. You will also not be charged if you make a withdrawal of $100 and above.
365Trading have ceased their operation.
365Trading is a Cyprus-based broker which is regulated by the CySEC. It is mostly used for binary options trading; however American traders are not allowed in the platform. The platform is ideal for both newbie and veteran traders. It provides charts, graphs, and various other analysis. It is available in web, Android, and iOs and provides customer support through email and phone.
Ayrex is regulated by the CySEC and is a UK-based broker. Along with binary options it trades in more than 70 assets.
You need to deposit at least $25 to start trading, and it also provides a unique feature of instant withdrawals. Its interface is also very clean and interactive so that even a beginner can easily use.
It is available in both Android and iOS and provides 24/7 customer support through email and live chat.
CMC Markets was established in the year 1989, but it started trading in binary options from the year 2015. It is one of the most trusted and reliable binary options traders in the market. However, it does not allow traders from the USA to use their platform.
There is no minimum deposit, and the return also depends on the type of product.
The platform is highly interactive as it provides charts, multiple screen layouts, timeframes, and many more. It provides support via email, call, and fax.
There are several binary options brokers in the market. Some of them are genuine while the others are mostly there to scam people.
You need to select the best binary options broker according to your needs and requirements and the one who can help you to achieve your financial goals.