Best Binary Options Brokers 2017
we’ve tested and reviewed some of the most trusted binary options brokers. We base our binary options reviews on the following criteria:
- High Payouts & easy to use withdrawals. We ONLY list and approve the best binary platforms with guaranteed fast payouts or withdrawals.
Secure of funds. All funds should be in segregated bank accounts.
|Free $1000 Demo Account||$10||5.0||Best Regulated Broker|
Free Demo Acc.
|85%||Not||CySEC ( EU )|| VISIT IQOPTION|
|Up to Bonus £50 Cashback||£50||4.0||Best Australian Broker|
Free Demo Acc.
|200%||Not.||ASIC ( Australia )|| VISIT HIGHLOW|
How to select the right binary options brokers
When choosing the right binary options broker, there are many factors that play a role towards one’s success in binary options trading. These factors range from your knowledge of the financial markets to the type of binary options broker that you choose to trade with. However, one of the basic aspects that determines your success in binary options trading, obviously starts with the binary options broker you choose. In this article, and tips that you can use a checklist to identify the right kind of binary options brokers to trade with.
What to consider when selecting binary options brokers
Ease of use/Account Opening: One of the important points to bear in mind when selecting binary options brokers is to focus on the ease of use. For example, how easy is it to open an account and make your first deposit. If the binary options broker you choose to trade with requires a lot of documentation to verify your account, or it takes more than a few hours to make a deposit, then obviously, this is not going to work good for you in the long term.
Security of Funds: Since binary options brokers tend to operate in an eCommerce model, safety and security of not just your funds but your information needs to be taken seriously. When selecting a binary options broker, be sure to check if they have the requisite SSL certificates. It also won’t hurt to read up a bit about the binary options broker to understand their business model. The sad truth is that of the many binary options brokers that are available today, hardly a few go to great lengths to secure your personal and financial information.
Bonus Terms & Conditions: Everyone loves to get bonuses, but most hardly fail to read the bonus terms and conditions and often end up in a tight spot when they want to withdraw their funds. Checking through the bonus terms to see if there are any conditions specified will enable you to get a better picture and will help you from any misunderstanding and eventually any issues you might face while withdrawing your funds.
Ease of Withdrawing funds: Different binary options brokers follow different procedures when it comes to processing withdrawals. So make sure you have a good understanding on the terms for withdrawing funds and avoid any bottlenecks or issues when you want to withdraw your funds. In most cases, withdrawals are fast and easy so long as your account is verified. It is a known fact that credit card withdrawals or withdrawals to eWallets are usually quick. Most binary options brokers offer one free wire transfer during a calendar month and any further withdrawals come at an extra fee.
Regulation: Select a regulated broker is an important thing , because they comply with the applicable regulatory requirements. We only list regulated brokers by CySEC ( Cyprus, EU ) , Financial Conduct Authority ( United Kingdom ), ASIC ( Australia ) or FSB ( South Africa ).
( If you are based in US, please keep in mind there are not traditional regulated platforms in United States and we’ve listed the most trusted international brokers for US traders )
Customer Support: Customer support makes for an important aspect when choosing a binary options broker. Check if the binary options broker you want to trade with offers support via email/chat or phone. Another factor to bear in mind is how knowledgeable the customer support agents are in areas such as clarifications on your trades and so on.
I've been a professional trader for over 5 years.
Currently I work as forex analyst for different investment companies.
Latest posts by James Martin (see all)
- Weekly outlook of ETHUSD – 14th March 2018 - March 15, 2018
- SGDUSD- Singapore Broker – Analysis March 1 , 2018 - March 8, 2018
- Weekly outlook of BTCUSD – 6th March 2018 - March 6, 2018