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Best Binary Options Brokers 2020

Are you looking for the best binary options brokers? But not sure which binary options broker is the best? Then you have come to the right place. We have prepared the list of best binary options brokers for you. For traders who are not familiar with binary options trading, we will also explain how to choose the best binary broker and start binary trading. Here is the list of best binary brokers.

No.BrokerFeaturesFoundedRegulatedMinimum DepositMinimum InvestOfficial Sites
1.
Regulated & highly reputed
Gain upto 95% for a correct prediction
Highly conversion rate
  2013
    Yes
   $10
   $1
 
2.
Regulated & reputed
Gain upto 88% for a correct prediction
2014
 Yes
 $10
 $1
 
3.
Regulated & reputed Gain upto 88% for a correct prediction
 2014
 Yes
 $5
 $1
4.
Regulated & reputed
Gain upto 92% for a correct prediction
 2015
 Yes
 $50
 $1
5.
Regulated & reputed
Gain upto 89% for a correct prediction
 2009
 Yes
 $100
  $1
6.
Regulated & reputed
Gain upto 90% for a correct prediction
 2000
 Yes
  $5
 $1
7.
Gain upto 85% for a correct prediction
 2014
 $10
 $1

Today, binary options trading is very popular, because in binary options trading, we can trade with lower skills, because this is very simple yes or no trading. In binary options, a trader buys a call option when the currency pair, commodity, stock, or index is bullish, and sells it when the market is bearish.

Binary options have a time to expiry. At the time of expiry, the asset price must be on the correct side of the forecast to make a profit. If you have a basic understanding of candlestick patterns and support resistance or trend lines, then binary options are best suited to increase income without buying margin.

best binary options brokers

​Review of Top Two Best Binary Options Brokers

IQ Option

IQ Option is one of the largest online binary options trading platform established in 2013 and is operated by a company called IQ Option LTD. IQ Option Limited is headquartered in Cyprus and regulated by CySec (Cyprus Securities and Exchange Commission). IQ Option allows their traders to trade a wide range of financial assets, including major and minor currency pairs, stocks, commodities, cryptocurrencies and ETFs.

IQ Option has developed its own trading platform, designed to meet the needs of traders. For example, the IQ Option system is integrated with advanced charting software and various pre-loaded technical indicators, such as moving averages, Bollinger bands, RSI, MACD, parabolic SAR, etc. Its minimum deposit attracts binary traders.

best binary options brokers 2020

The minimum deposit requirement is only $10. There is also a free demo account where new traders can register and use it to test the service without taking risks. The IQ Option trading platform is available on the Web and its trading applications (Android, iOS, Mac, and Windows). You can download mobile trading applications from Google Play Store and Apple App Store.

 

OlympTrade

OlympTrade is another popular online trading company, established in 2014. OlympTrade is certified by the International Financial Commission (FinaCom). It allows traders to trade a wide range of financial assets, including major currency pairs and minor, commodities, cryptocurrencies, stocks, indices, etc.

In Olymp Trade, there is no need to download the trading platform to your computer, it can be used in Internet browsers and mobile applications. The mobile application can be downloaded from Google Play Store and Apple App Store. Anyone with a virtual currency of $10,000 can use a demo account to practice financial instruments.

binary options brokers

One of the most unique aspects of the Olympic trade is that it focuses on the education of beginners, where they have all the basic educational materials needed by beginners. As a client, you can get all the basic educational information about how to successfully trade binary options.

 

How to Compare Binary Option Brokers and Platforms

Every day a new binary options platform is launched. When searching on the Internet, you will get thousands of binary options brokers. It is difficult for new traders to decide which binary broker is best to join. In order to trade binary options in a safer way, it is important to have reliable brokerage services.

Therefore, choosing a reliable binary broker will bring profits in the binary transaction. These are some of the most important factors to remember before starting binary options trading.

 

1. Proper Regulation:

The first and most important is regulation. Proper regulation helps ensure investment capital and trade losses. There are few regulatory bodies, such as CySEC, ASIC, FSA, etc. When choosing binary options brokers for binary trading, you need to know that they are real brokers, and your funds will be safe.

Before joining any binary broker, whether or not a license is obtained from a regulatory agency, you should always check its license information. You can also view online reviews to see the different reactions and facts of binary options brokers. It is strongly recommended that you choose a top regulated binary broker.

 

2. Security:

When registering an account with a binary broker, you need to send a lot of personal information and financial data. The broker usually needs a copy of your bank statement and credit card number, as well as a passport or your national ID card. Your personal information and financial data may be stolen due to bad Internet security practices. Therefore, in any type of online transaction, security is more important

 

3. Deposits and Withdrawals:

Each binary broker has specific account financing policies. Brokers can allow traders to access funds online via credit card, Skrill, PayPal, bank transfer, etc. Deposit and withdrawal policies should be simple and safe. Before you begin, you should read their privacy policies carefully.

You want to be able to make deposits and withdraw funds quickly without causing any complications. Therefore, make sure to check the processing and payment schedule of the binary options broker.

 

4. Customer Service:

Quality and responsive customer service are very important for online transactions. Binary transactions are conducted 24 hours a day, so customer support should be easy to help. The best binary brokers provide multiple contact methods, including live chat, phone, Skype, call back and email.

Choosing your contact method means you can talk with confidence. Before creating a trading account, you should check customer service and select a broker that provides quality service.

 

Conclusion

The best binary options brokers may bring you a high return on investment. On our website, you can find reviews and guides of the top regulated binary options brokers. Our purpose is to suggest you to choose the best binary broker for trading. You can use a free demo account or live account with minimum deposit to test these trading platforms.