Binary Options Brokers

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

Binary Options Brokers List and Platform Comparison 2020

Trusted and regulated UK binary options brokers provide traders with the opportunity to speculate on a range of underlying assets, via both web based trading platforms or mobile apps. Brokers operate in a range of different ways, some develop bespoke platforms, others will use white label sites. Likewise, some are referred to as ‘over the counter’ (OTC) brokers, while others operate an exchange.

Our vetted comparison table below allows you to quickly scan the key points for any recommended, reputable broker. Our detailed expert reviews cover in-depth analysis of the platform, deposit and withdrawal options, bonuses, demo accounts and even complaints for a specific firm – and give each a ranking / rating.

Finally, below the broker comparison table list, we explain how to compare online brokers – and why some elements might be more important to you than to someone else. You should therefore, have all the information you need right here, to make the best choice for you when it comes to finding a safe binary broker.

UK Brokers – Comparison and Reviews

Min Deposit Min/Max Trade Payout Bonus Demo Regulated App
£5 £5 – £100,000 91% Review » Visit
£10 £1 – £10,000 91%* Review » Visit
£5 £5 – £10000 93% 75% Pro Account + 10% CB Review » Visit
£250 From 0.1 lots – £100,000 Review » Visit
£10 From 0.1 Lots – Varies by asset N/A Review » Visit
£250 £1 – £10000 90% 100% Deposit Match Review » Visit
£50 £5 – £1000 85% 30% Review » Visit

How to Find the Best Binary Broker

Identifying the best regulated binary options broker depends entirely on the needs of the specific investor. A ‘Top 5’ or even ‘Top 10’, might not contain a single brand that suits your style. A trader needs to consider a range of things when selecting a genuine premier broker to join. This will include the asset classes, or market, they want to invest in and the size of their average investment, to name but two.

Here at binaryoptions.co.uk we list all the useful facts that will help an individual to select which trading broker they would like to open an account and sign up with. We have also analysed our most frequently asked questions, and know that the following features are important when traders are deciding on a broker;

  1. What is the Minimum Deposit?
  2. What is the Minimum trade / Minimum Investment?
  3. Does the broker offer a Demo Account?
  4. Is the broker offering a signals service?
  5. Does the broker provide trading via a mobile app?
  6. Is there a Bonus available for new trader accounts? (Terms and conditions are equally important)
  7. Which is the best binary trading platform?
  8. Who offers the best asset lists and markets?
  9. Which broker has the largest range of expiry times?
  10. Who are the regulated binary options brokers?
  11. What types of options are available? (Touch, Ladder, Range, Pairs etc)
  12. Software Integration (brands that use MT4 – MetaTrader 4 for example)
  13. Is a halal or Islamic account available?
  14. Does the broker offer easy withdrawals, early closure or flexible deposit and payment methods?

There is also information on promos such as competitions or contest with cash prizes, or tech.

Regulated Brokers

Our broker reviews will be specific about which regulator is responsible for each broker. In the UK, the Financial Conduct Authority (FCA) regulate a number of brands already – not because they trade binary options – but because they also allow clients to trade Contracts for Difference or forex. Some binary options brokers have chosen to to register with the FCA – but this is not the same as being regulated by them. It is a key point if UK traders in particular want the piece of mind that FCA regulation gives.

Regulation gives traders a better idea if a broker is genuine, and legitimate. In the US, the CFTC regulates the financial sector. Only Nadex and CBOE are officially licensed to offer binary trading. Regulated brands in Europe will not offer services to US traders. CySec is the main European regulator. They have recently clamped down on some of the brands under their jurisdiction – cleaning up a large part of the industry in the process. CySec regulated brokers are permitted to accept UK traders. The MiFID II directives mean a Cypriot licence can be ‘passported’ for UK clients.

In Australia, ASIC (Australian Securities and Investing Commission) regulate financial institutions – including brokers. Their oversight is on par with the FCA. Malta and the Isle of Man also license some binary operators based on a gaming permit. These also offer a strong level of protection.

Binary Trading Demo Accounts

Sign up bonuses and demo accounts are two factors that are designed to entice new account holders. Both are extremely effective at attracting beginners and new customers and it is easy to see why.

Bonuses are generally paid as a deposit match, or sometimes once a set number of trades have been settled, for a set amount. There are generally restrictions, or terms and conditions that need to be met before the funds are available to be withdrawn. It is worth spending some time understanding those terms before signing up. If the terms are not likely to be met (for example a volume of trades within the first few weeks) then the bonus loses any appeal and that broker may no longer be the best choice. There are also some terms which restrict even the the withdrawal of the initial deposit – not just bonus funds. These are thankfully rare – but highlight the need for checking.

Binary options demo accounts are a great way to get introduced to binary options trading without needing to risk any funds. Investors looking longer term can ensure that the broker is the right one for them once they are trading for real money. Practise or virtual accounts offer a wealth of benefits. They also provide a great way for traders to compare brokers directly or back test trading strategies.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

Minimum Deposits

For those investors looking to get involved with binary options for the first time, cheap minimum deposit requirements may be of interest. Traders looking to only risk small amounts, will find a broker with a smaller minimum deposit more appropriate. Low deposit requirements start at £5 or £10. Higher minimum deposits reach £100 or £250. Higher deposits often mean certain benefits, such as improved rates, larger bonuses or access to a higher level account such as VIP or Platinum etc.

All brokers will have a minimum trade requirement too (or minimum investment). These can vary significantly. There will be some investors for whom neither of these are a consideration and if so, these factors do not need to form part of their selection criteria. Minimum trade figures range from £1 to £25 – which is a very sizeable difference if a trader plans to trade frequently. Some newer firms offer cryptocurrency funding options – and a min trade of just $0.1 (or equivalent).

Both minimum trade, and minimum deposit figures are shown in the comparison list. We also list whether a firm accept either Paypal or Skrill for deposits or withdrawals.

How Do Binary Brokers Make Money?

How are brokers paid? It is a popular question. Brokers make money in one of two main ways explained below – both of which are based on easy-to-understand profit models.

Here’s a closer look at how binary options platforms differ from stock brokers, and where the money goes.

Customers approaching over-the-counter (OTC) binary options brokers for the first time are likely to have a question on their mind: “Where’s the commission?”.

The simple answer is that there isn’t one. Although OTC companies are commonly referred to as ‘brokers’, this isn’t strictly accurate. They are not arranging a deal or acting as a middleman; they are basically the counterparty to each of their customers’ positions. So they don’t charge a separate fee or commission for the trade. Instead, each customer is essentially betting against the house.

Here is an example – Let’s say that the broker offers contracts on a particular asset. Of course, there will always be the choice between a Put contract and a Call option. On the binary model, the basic theoretical assumption is always that an equal number of traders will take a contract on each position. It follows that the number of traders in the money will be equal to the losers (in theory).

Potential Profit

With this in mind, here’s an illustration of how an over-the-counter broker operates:

For a contract on a particular asset, a return of 80% is offered.

From its customers, the broker receives:

  • £100 for contracts on Put options
  • £100 for contracts on Call options
  • The broker cashes in on the contracts entered into by the losing traders (on expiry), totalling £100. To the winners, it must return their stake and the profits won – i.e. £100, in addition to £80 profits on the trades.
  • From all transactions, the broker is left with a profit of £20.

Shopping around: how brokers offer flexibility…

Returns offered vary from platform to platform. The level also tends to vary from asset to asset. A well-established, and stable platform with lots of users is good news from a trader’s point of view. It means that the broker is big enough to withstand a run of heavy losses without running into liquidity issues. It is also more likely to be operating at, or pretty close to the 50:50 binary model – where there is broad parity in terms of the number of customers taking a position on each side of a contract.

This gives a broker greater leeway to offer attractive arrangements to customers. A successful platform has more scope to offer higher returns – and thereby grow its customer base. Some also refund a percentage of losing trades (rebates). These often give customers the ability to opt between reduced payouts on winning trades in return for a higher refund on a losing position. All of this helps to give traders a welcome degree of control in managing risk.

Exchange Brokers

In the UK, a broker trading binaries over an exchange generally offers additional forms of trading too. For example spread betting or CFD (Contracts for difference) trading. These forms of trading are treated differently to OTC binary platforms from a regulatory point of view. For example ETX Capital and IG Index are fully regulated by the Financial Conduct Authority.

On pricing, comparing an exchange platforms with a pure OTC platform is tough (because you are not comparing like for like). One way is to look at the margin (difference between buy and sell prices). CMC for instance has a margin of around 4% on binary markets – helping to make it highly competitive, price-wise.

Via one of two ways:

  1. As a counterparty, ensuring an ‘over round’ via payout percentages.
  2. Via a spread or commission on an exchange traded model

Whichever type of platform you choose, transparency is key – and a reputable platform will always provide clear information on payout rates so you can make informed decisions. For at-a-glance info on payout rates and more detailed information on the pros and cons of all the top platforms, see our comparison list and reviews.

Binary Payouts

One key element to finding the best binary trading account, is the payout percentage offered. This is not always a straightforward comparison. Payouts will vary depending on the underlying asset being traded, and the length (expiry time) of the option. In addition, the payouts could move as the market dictates. So where one broker was originally the best price, things may subsequently change.

The best an investor can hope for is to check the payouts for the types of trades they are most likely to make, and get a feel for which firm offers the best terms most often. Again, demo accounts can help in this regard. In general, exchange traded options offer superior value.

Trade Types

Traders need a binary options broker that delivers what they need. So if you want to trade 60 second options, or end of day options – you need a broker that provides them. Not every broker offers the same type of trade. Ladder and Touch options are not always available with all firms. As mentioned, expiry choices also vary. 30 or 60 second turbo options might be popular, but they are not listed everywhere. Likewise pairs or end of week options might be restricted to just a few brands.

Early closure of trades might be another show stopper. Or the ability to use software with free signals. Traders worldwide have hugely different requirements. Where a broker operates in a certain part of the world, they may only offer the popular trades in that region. A broker in London may offer different products and assets to one in Cyprus, India or Malaysia.

Managed Accounts

Some brokers will offer managed accounts. Traders need to tread carefully in this area. There is a conflict of interest for an over the counter broker to operate a trader’s account. It is unlikely that a managed account will be operated in the best interest of the trader. If the trader makes money, the broker losses money. An employee or agent of the broker is therefore more likely to help the broker, than the trader – it is their job!

For this reason we would not recommend using a managed account – but some brokers do offer them, and where this is the case, it will be mentioned in the review.

MetaTrader 4

Software integration might be key for some traders. Where a trader prefers to use their own price analysis software or service, a broker that can integrate with that is vital. The industry standard is MetaTrader 4 (Mt4) – a platform that allows advanced technical analysis, as well as the execution of trades. The majority of brokers use MT4, and allow traders to trade with it.

Many brokers integrate with this service (and others) via a license or plugin. Leading brokers will also add their own features to the platform – in theory, enhancing it. So if a trader is looking for a firm that can execute trades via this platform, it is a huge benefit. Some brokers are also compatible with MT5 (MetaTrader 5) – but this latest version is yet to gain traction. Though those firms that have adopted it, are to some extent, future proof. It is one further thing to consider when checking the comparison list to find the best provider.

Find The Best Deal For You

As the above demonstrates, finding the best trading platform and binary broker is not always easy – but it is worth remembering that an investor is free to move between brokers whenever they choose, so even if an account turns out to be less useful than was first expected, it is no problem to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade. A trader should not be tied down.

Within our website, we provide a wealth of information that can help in choosing the best options broker, here are a selection of articles that will help;

Best brokers for beginners?

The best brokers for beginners will be those that offer a demo account. These accounts allow absolute beginners and those new to binary options, to try out the trading platforms risk free.

The majority of brokers will offer this facility, as it gives them a chance to demonstrate their platform.

In most cases, a demo account will not require any deposit, and a trader can open multiple accounts at various brokers. Each can be tried out, and the trader can then decide which they prefer.

Another point for beginners is that they should probably focus less on bonuses. This is because it is easy to fall into over-trading, or simply not make best use of the bonus funds. More experienced traders are better placed to ensure any bonus suits their trading style, and will not impact how they trade.

Better comparison factors for beginners might be:

  • Minimum trade amounts
  • Ease of use of the platform
  • Educational materials available.

Which is the best trading platform?

Answering a question like “Which is the best trading platform?” is hard, simply because trading platforms often come down to the preference of a specific trader. One user might prefer a simple layout, another might want a lot of information available all the time.

That said, platforms do differ in quality, both in terms of ease of use, and features. In very general terms, brands which also offer Contracts for Difference (in addition to binary options) provide more feature-rich trading platforms. Likewise, brands that have created their own platforms, will offer superior services than a ‘white label’ that uses a platform provider such us SpotOption.

So the likes of CMC and ETX Capital, all deliver a very professional trading platform. MetaTrader integration is also more likely at these brokers. This difference in quality is simply a reflection of the maturity of binary options as a product, and binary brands are catching up very quickly – while still offering something different. IQ Option, for example, deliver a hugely entertaining experience, illustrating the change in style that some brokers will deliver.

How to avoid scam brokers?

Our scams page provides a list of ways to identify if a broker is genuine and safe. We also provide a broker blacklist of services to absolutely stay away from. With new platforms able to setup quickly, it is not a complete list of brokers, but the tips on spotting a scam should help most traders.

With so many honest and genuine brokers, there is little point in risking using a cheap broker that has attracted a lot of complaints.

Brokers with low minimum deposit?

The number of binary options brokers offering a low minimum deposit is growing quickly, reflecting an increasing demand for a lower entry level from traders.

Previously, minimum deposits had been quite high, but now Binary.com, Ayrex and IQ Option all offer low minimum deposits of £10 or less. This represents a real confidence from those brokers, that traders will like their trading platform and go on to make more deposits once they are familiar with the brand.

CMC Markets also offer a low minimum deposit, only requiring the deposit to match the trade size the traders wishes to place.

Who offers demo accounts?

In our demo accounts page, we explain the benefits of using a demonstration account, and also show who provides them.

The majority of respected brands will offer a demo account, or practice account. In theory, it is a great way for them to ‘show off’ their platform. So those brokers that offer this type of account, obviously have faith in their platform and the technology that supports it.

Our comparison table shows clearly whether the broker provides a demo account or not. The in-depth review will inform readers about the specific detail of the account (if a deposit is required, or if the account is time restricted for example).

Bitcoin and Cryptocurrency

Cryptocurrency is a booming area for brokers of all types. Bitcoin and Ethereum are currently the most popular, but there are over 15 different currencies already. Whether you consider them a novelty, or the future of finance, brokers now make trading them easy.

With Bitcoin in particular, anyone looking to invest or trade may have thought the process was difficult. Recently however, brokers are giving traders access to these market in a very simple way. The currencies can be traded directly, in a similar way to oil or gold. They can also be traded in a currency pair, with several brokers offering the BTCUSD pair. This can be traded just like any other forex pair.

Some brokers will accept bitcoin or other cryptocurrency as a deposit method. So traders can deposit, trade with, and be paid in Bitcoin, DASH, Litecoin or any other crypto. So whatever your view is on this new craze, it is now very easy to take a position and profit. Read our guide to trading bitcoin.

The best binary options brokers of the second half of 2020 (rating and top 10 of the best binary trading brokers in 2020)

Content

The best binary options brokers of 2020: rating (top 10 of the best brokers)

Minimal

deposit

Minimal

investment

The best binary options broker of 2020 – INTRADE BAR

The official website of the best binary options broker of the second half of 2020 INTRADE BAR: https://intrade.bar

The best broker of binary options of 2020 became the broker INTRADE BAR. Binary options broker INTRADE BAR has a great potential and, apparently, traders have understood that. This is a very expected result, especially if you know the advantages of this binary options broker.

There are advantages of the best binary options broker of 2020 INTRADE BAR:

  • There are very quick payments of earned funds – it takes from 2 to 10 minutes after filing an application during the work hours of the finance department
  • The payments of any amounts are available
  • Verification is not necessary at all – you don’t need to provide any documents to get your earned money
  • There are no cases of blocking trader’s accounts
  • There is a very good feedback from binary options traders
  • There is a demo account
  • There is an ability to have an account in two currencies at once – rubles and US dollars
  • There are a huge number of technical analysis indicators
  • There are transparent quotes that you can check at any moment
  • The minimum deposit amount is $ 10
  • The minimum amount of transaction investment is $ 1

The best binary options broker of 2020 – Binomo

The website of the best binary options broker of the second half of 2020 Binomo: http://binomo.com

Binary options broker Binomo is the best binary options broker of the last two years. This is the first time in a long time that broker Binomo ceded superiority to another broker. On the other hand, the binary options broker Binomo still remains the favorite broker to many traders.

The advantages of the binary options broker Binomo include the following:

  • There are stable payments to all traders that earned money
  • You don’t need a verification to withdraw small amounts
  • There is a very convenient and functional trading platform
  • There is a mobile trading platform
  • The minimum deposit is $ 10 (sometimes it is possible to replenish a trading account with $ 5)
  • The minimum amount of transaction investment is $ 1
  • There is a very good supplier of quotes
  • There is a high reliability of broker
  • There is a good feedback from traders
  • You can open an account in rubles or in US dollars
  • There is a demo account

The best binary options broker of 2020 – Pocket Option

The website of the best binary options broker of the second half of 2020 Pocket Option: https://pocketoption.com

Binary options broker Pocket Option does not cease to please us – there are constant updates and improvements of the trading platform, various promotions and interesting offers for traders. No wonder, that broker is in the top of our rating.

The advantages of the binary options broker Pocket Option are following:

  • There is a very convenient trading platform
  • The function of copying transactions of other traders is available (Social Trading)
  • The minimum deposit is $ 50 (there are promotions when the minimum amount of the deposit is reduced to $ 10)
  • The minimum amount of transaction investment is $ 1
  • There are a huge number of different bonuses for active traders
  • There are a huge number of promo codes and bonus codes to replenish the trading balance
  • It is possible to get $ 50 as no deposit bonus
  • Bonuses do not interfere with the withdrawal of funds (they are burned if the bonus has not been worked out)
  • There is a demo account

The best binary options broker of 2020 – Binary

The website of the best binary options broker of the second half of 2020 Binary: http://binary.com

Binary options broker Binary is a broker that has appeared in the last century. During all this time, a good opinion has been formed about broker Binary and it is a favorite broker of many traders. Recently, the broker introduced a new trading platform that is currently in beta testing, but we can already say that platform is on the same level of quality as the best trading platform of binary options brokers.

The advantages of the binary options broker Binary are following:

  • It has its own trading platform
  • The minimum deposit is $ 5
  • The minimum amount of transaction investment is $ 1
  • There are several types of options
  • There are many trading assets
  • There are stable payments
  • There is a demo account

The best binary options broker of 2020 – Binarium

The website of the best binary options broker of the second half of 2020 Binarium: https://binarium.com

Binarium is a very interesting binary options broker that finally got in the top 5 of the best binary options brokers in 2020. The broker has its own trading platform that many traders like. Of course, the broker also has some disadvantages. One of them is that Binarium prefers long-term forecasts and is ready to pay a higher amount for them than for forecasts for turbo options.

The advantages of the binary options broker Binarium are following:

  • It has its own trading platform
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are trading signals
  • It is possible to receive signals from experienced broker traders (trading room)
  • There are bonuses for account replenishment that don’t block withdrawals
  • Broker is suitable for beginners
  • There are a huge number of technical analysis indicators
  • There are many trading assets
  • There is a demo account

The best binary options broker of 2020 – IQ Option

The website of the best binary options broker of the second half of 2020 IQ Option: https://iqoption.com

IQ Option is a European binary options broker that constantly occupies high positions in our ratings. The reason of such success is that broker has the best trading platform at the moment, and also in its high reliability.

The advantages of the binary options broker IQ Option are following:

  • There is the best trading platform at the moment
  • There are a huge amount of trading options (including CFD and Forex)
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are tools that allow you to get multiple profit for the correct forecast
  • There is a very good supplier of quotes
  • There is a demo account
  • There is an opportunity to trade on cryptocurrency
  • There are a huge number of technical analysis indicators
  • There is the best mobile trading platform

The best binary options broker of 2020 – Alpari

The advantages of the binary options broker Alpari are following:

  • It has its own trading platform
  • There are several types of options
  • It is a reliable and leading Forex broker
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a very good supplier of quotes

The best binary options broker of 2020 – FiNMAX

The website of the best binary options broker of the second half of 2020 FiNMAX: https://finmaxbo.com

Binary options broker FiNMAX is a broker that adheres to its rules and views on brokerage activities. On the one hand, it is an outdated trading platform that should be changed, on the other hand, there are reliability, stable payments and the absence of various problems.

The advantages of the binary options broker FiNMAX are following:

  • It has its own trading platform
  • There are stable payments
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a demo account
  • There is a big choice of expiration time

The best binary options broker of 2020 – WForex (World Forex)

The website of the best binary options broker of the second half of 2020 WForex (World Forex): https://wforex.com

WForex (World Forex) is another Forex broker that allows you to trade binary options. But, unlike the previous Forex broker, WForex allows you to trade binary options directly from the MT4 terminal (Meta Trader 4).

The advantages of the binary options broker WForex (World Forex) are following:

  • It has its own trading platform
  • It allows to trade binary options directly from the MT4 terminal (Meta Trader 4)
  • There is no need to look for a third-party schedule for analysis
  • There is a good feedback of traders
  • There are stable payments of any amounts
  • There are a huge number of trading assets
  • It is possible to postpone transactions
  • It is possible to switch between Forex and binary options within one trading account
  • There is a demo account
  • There are bonuses to replenish the trading account

The best binary options broker of 2020 – Expert Option

The website of the best binary options broker of the second half of 2020 Expert Option: https://expertoption.com

Expert Option is a rather old binary options broker that is very popular in Asia and Europe. You can’t call it the best one, but there are traders who prefer to trade exclusively with this binary options broker.

The advantages of the binary options broker Expert Option are following:

  • It has its own trading platform
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a social trading
  • It is possible to conduct technical analysis of the schedule directly in the broker’s trading platform
  • There is a demo account

Binary Options Brokers

Looking for your next binary options broker? You’ve landed in the right place.Here you will find detailed information, reviews, and ratings about almost all binary options brokers in the industry… or at least the ones that matter enough.Whether you are new to binary options or a seasoned trader looking for a new broker, this is the place to start and find the best broker for you.Never invest before reading the ThatSucks.com broker review first!

The best binary options brokers of the second half of 2020
# Broker Broker review Site
1 10$ 1$ Broker review Official site
2 10$ 1$ Broker review Official site
3 50$ 1$ Broker review Official site
4 10$ 1$ Broker review Official site
5 9$ 1$ Broker review Official site
6 10$ 1$ Broker review Official site
7 50$ 5$ Broker review Official site
8 10$ 1$ Broker review Official site
9 10$ 1$ Broker review Official site
10
Brokers
Broker name Regulated Minimum Deposit Return/Refund Score
VIPBinary No 250 60-75%/1-10% 1 / 10 Visit Now
TradeSmarter No N/A N/A 1 / 10 Visit Now
Banc De Binary No 250 70-83%/0% 1 / 10 Visit Now
OptionBit Yes 250 70-85%/0% 1 / 10 Visit Now
WinOptions No 200 65-85%/1-10% N/A / 10 Visit Now
Trader369 No N/A N/A N/A / 10 Visit Now
StartOptions No 1000 68-90%/0-10% 4.6 / 10 Visit Now
Bloombex Options No 200 68-85%/0-10% 1 / 10 Visit Now
EZTrader Yes 50 70-81%/0-10% N/A / 10 Visit Now
OptionXP No 200 65-75%/0-10% 1 / 10 Visit Now
MinuteOptions No 100 65-75%/0-10% 1 / 10 Visit Now
OptionsClick Yes 200 60-89%/0-2% 1 / 10 Visit Now
TradersRoom No 250 65-75%/0-10% 1 / 10 Visit Now
TraderXP No 200 65-75%/0-10% 6.3 / 10 Visit Now
Global Option Yes 200 70-95%/0-10% 6.1 / 10 Visit Now
TradeRush No 200 65-75%/0-10% 1 / 10 Visit Now
BullOption No N/A N/A 1 / 10 Visit Now
OptionFair Yes 100 100% / 0%* N/A / 10 Visit Now
OptionFire No 200 55-81%/10% 1 / 10 Visit Now
Optionet No 200 65-89%/1-15% 1 / 10 Visit Now
GCMBinary No 200 70-85%/0-10% 1 / 10 Visit Now
IOption No 250 71-83%/0-15% 1 / 10 Visit Now
StockPair Yes 250 75-83%/0% 1 / 10 Visit Now
AnyOption Yes 200 65-80%/5-25% N/A / 10 Visit Now
OptionWorld No 200 68-75%/5-10% 5.3 / 10 Visit Now
CitiTrader No 300 65-75%/0-10% 1 / 10 Visit Now
XPMarkets No 200 65-81%/0-10% 4.9 / 10 Visit Now
UBinary No 250 70-85%/+10% 1 / 10 Visit Now
ZoneOptions Yes 200 70-85%/0-15% 7.4 / 10 Visit Now
OptionNow No 250 75-85% / 0-15% 6.3 / 10 Visit Now
GOptions No 200 70-85%/0-10% 1 / 10 Visit Now
GTOptions No 250 65-85%/0% 6.9 / 10 Visit Now
OptionYard No 200 70-82%/0-10% 1 / 10 Visit Now
OptionsXO No 250 70-89%/0% 1 / 10 Visit Now
BDSwiss Yes 200 N/A 8.5 / 10 Visit Now
Dragon Options Yes 250 65-80%/0-10% 6.6 / 10 Visit Now
Opteck Yes 250 N/A 1 / 10 Visit Now
TopOption Yes 100 72-85%/ 0% N/A / 10 Visit Now
BINOA No 100 60-85%/0-10% 5.9 / 10 Visit Now
MarketsWorld No 10 70-90% /0% 1 / 10 Visit Now
OneTwoTrade No 250 60-85% /0% 1 / 10 Visit Now
Safe24Options No 200 68-75%/0-10% 1 / 10 Visit Now
IHoptions No 200 68-89%/5-10% N/A / 10 Visit Now
Binary360 No 200 60-75%/0-10% N/A / 10 Visit Now
TraderEasy No 200 65-75%/0-10% N/A / 10 Visit Now
OptionWeb Yes 200 70-90% /0% N/A / 10 Visit Now
OptionLucky No 200 68-75%/0-10% N/A / 10 Visit Now
Binary Markets No 200 68-75%/0-10% N/A / 10 Visit Now
OptionRally Yes 250 65-81%/ 0% 7.6 / 10 Visit Now
777Binary No 200 65-75%/0-10% 5.6 / 10 Visit Now
Trading247 No 200 60-75%/0-10% 1 / 10 Visit Now
OptiMarkets No 200 75-80%/0-10% 1 / 10 Visit Now
BNRY No 100 65-75%/0-10% 5.0 / 10 Visit Now
CedarFinance No 200 65-75%/0-10% 1 / 10 Visit Now
24Bulls Yes 250 40-85%/0-40% 6.9 / 10 Visit Now
BetonMarkets Yes 5 50-95%/0% 1 / 10 Visit Now
BeeOptions No 150 60-85%/0-10% 7.0 / 10 Visit Now
ZoneOptions Yes 200 70-85%/0-15% 7.4 / 10 Visit Now
Redwood Options No 500 70-81%/1-10% 1 / 10 Visit Now
XOptions Trading No N/A N/A N/A / 10 Visit Now
VaultOptions No 100 65-75%/5-10% 5.1 / 10 Visit Now
OptionGround No 200 70-85%/0-10% 1 / 10 Visit Now
EasyXP No 200 75-80%/0-10% 1 / 10 Visit Now
GrandOption Yes 200* 75-89%/0-10% 6.4 / 10 Visit Now
FMTrader Yes 250 65-85%/0-10% N/A / 10 Visit Now
Binary Yes 10 75-90%/0-5% 9.1 / 10 Visit Now
Global Trader 365 No 200 65-75%/0-10% 1 / 10 Visit Now
Regal Options No 200 75-80%/0-15% 1 / 10 Visit Now
Sycamore Options No 200 65-75%/0-10% 1 / 10 Visit Now
TraderWorld No 200 68-80%/0-10% 1 / 10 Visit Now
TitanTrade No 350 70-85%/0% N/A / 10 Visit Now
LBinary No 250 70-85%/0-10% 1 / 10 Visit Now
PowerOption Yes 250 70-85%/0% 1 / 10 Visit Now
Winner-Option Yes 100 70-80%/0-5% 1 / 10 Visit Now
MarketsKing No 250 65-85%/0-5% 6.4 / 10 Visit Now
AmberOptions No 200 70-80%/0-5% 1 / 10 Visit Now
PlatinumTrader No 350 60-80%/0-10% 5.9 / 10 Visit Now
BrokerageCapital No 200 70-75%/0-5% 1 / 10 Visit Now
99Binary No 200* 78-93%/0-10% 6.9 / 10 Visit Now
CTOption No 250 70-80%/0-15% 1 / 10 Visit Now
BossCapital No 250 63-85%/0-10% 1 / 10 Visit Now
RBOptions No 250 75-88%/0% 7.4 / 10 Visit Now
CallandPut No 250 65-85%/0% 6.4 / 10 Visit Now
UKOptions No 250 70-82%/0-5% 1 / 10 Visit Now
BinaryTilt No 250 70-85%/0-3% 1 / 10 Visit Now
IQ Option Yes 10 75-92%* 9.3 / 10 Visit Now
MagnumOptions No 500 70-85%/1-10% 1 / 10 Visit Now
BigOption No 100 70-85%/0% 1 / 10 Visit Now
OptionMint No 250 68-85%/0-10% 5.5 / 10 Visit Now
CherryTrade No 200 65-85%/-% 1 / 10 Visit Now
10Trade Yes 200 70-81%/ 10% 1 / 10 Visit Now
No1Options No 500 75-89%/0-10% 1 / 10 Visit Now
SpotFN No 250 70-88%/0% 1 / 10 Visit Now
OnlyOption Yes 200 70-85%/0-10% 7.3 / 10 Visit Now
InsideOption No 500 78-84%/0% 7.0 / 10 Visit Now
Tradorax No 250 70-85%/0-4% 1 / 10 Visit Now
YesOption No 250 75-89%/0-3% 1 / 10 Visit Now
GrowBinary No 100 75-80%/0-15% 5.7 / 10 Visit Now
RoboOption Yes 10 70-85%/0-15% 1 / 10 Visit Now
EveryOption No 200 75-85%/0-15% 1 / 10 Visit Now
IvoryOption No 250 70-85%/ 0% 7.3 / 10 Visit Now
Ayrex No 25 60-80% 8.0 / 10 Visit Now
TradeThunder No 200 70-80%/0% 1 / 10 Visit Now
WikiOption No 250 75-85% /0-15% 1 / 10 Visit Now
365BinaryOption No 200 75-85% /0-15% 1 / 10 Visit Now
BinaryInternational No 200 70-85% /0-10% 7.4 / 10 Visit Now
ImperialOptions No 250 60-80% /0% N/A / 10 Visit Now
IG Yes 200 Varies 8.5 / 10 Visit Now
FinPari No 250 70-85% / 0-15% 1 / 10 Visit Now
EmpireOption Yes 100 70-82%/0-5% 7.8 / 10 Visit Now
BinaryBook No 250 75-85% / 0% 1 / 10 Visit Now
Nadex Yes 250 Varies 9.3 / 10 Visit Now
Oboxee Yes 10 70-85% / 0-15% 1 / 10 Visit Now
InteractiveOption No 250 75-85% / 0-15% 1 / 10 Visit Now
BinaryBrokerZ No 250 75-85% / 0% 1 / 10 Visit Now
WMOption No 250 70-85%/ 10% 1 / 10 Visit Now
365Trading Yes 100 68-85% / 0% 1 / 10 Visit Now
KeyOption No 300 82% / 0% N/A / 10 Visit Now
HYOptions Yes 100 80% / 0% 1 / 10 Visit Now
PWRTrade No 250 75-85%/ 0% 7.4 / 10 Visit Now
BMBOption No 250 80% / 0% 7.2 / 10 Visit Now
PorterFinance No 250 70-85% 6.5 / 10 Visit Now
Dukascopy Yes 100* 70-90% 8.5 / 10 Visit Now
CWOption No 25 70-85% N/A / 10 Visit Now
TRBinaryOptions No N/A N/A N/A / 10 Visit Now
OlympTrade Yes 10 75-92% / 0% 8.5 / 10 Visit Now
BinaryUno No 250 75-80% / 0-10% 5.7 / 10 Visit Now
TradeSolid No 100 75-85% / 0% 1 / 10 Visit Now
Finmax Yes 250 70-85%/ 0-15% 9.0 / 10 Visit Now
BuzzTrade Yes 250 75-85% / 0-15% 1 / 10 Visit Now
OxMarkets Yes 250 70-85%/ 0-15% 1 / 10 Visit Now
UboCapital No 200 75-85%/ 0-15% 6.4 / 10 Visit Now
BillionOptions No 250 75-85%/ 0-15% 1 / 10 Visit Now
OptionStars Yes 250 60-85%/ 0-20% 7.4 / 10 Visit Now
PrestigeOption Yes 500 75-85%/ 0-10% N/A / 10 Visit Now
OptionBanque No 200 75-85% / 0-15% 7.0 / 10 Visit Now
Citrades No 250 70-85% /0-15% N/A / 10 Visit Now
QuickOption Yes 250 75-90% / 0% 7.1 / 10 Visit Now
AskOption No 250 60-81% /0-5% 7.3 / 10 Visit Now
SternOptions No 250 75-85% / 0% 1 / 10 Visit Now
TradePlus No N/A N/A N/A / 10 Visit Now
Binomo No 10 70-87% / 0-10% 8.0 / 10 Visit Now
PlusOption No 250 75-81% /0% 6.3 / 10 Visit Now
HighLow Yes 50 75-85% /0% 8.6 / 10 Visit Now
Bullbinary Yes 50 75-85% /0-15% 8.1 / 10 Visit Now
TorOption No 350 75-85% /0-15% 1 / 10 Visit Now
PrimeCFDs Yes 250 N/A 1 / 10 Visit Now
eXbino No 10 75-85% /0-15% 1 / 10 Visit Now
Binatex No 50 75-85% / 0-15% 7.9 / 10 Visit Now
Finrally No 250 75-85% /0-15% 1 / 10 Visit Now
ExpertOption Yes 50 89-95% / 0% 8.8 / 10 Visit Now
72Option No 250 75-85% / 0-10% 6.5 / 10 Visit Now
BinaryCent No 250 70-100%/ 0% 6.7 / 10 Visit Now
BinaryOnline No 250 70-85% /0% 1 / 10 Visit Now
GreenFieldsCapital No N/A N/A N/A / 10 Visit Now
PrestigeFinancialMarkets No N/A N/A N/A / 10 Visit Now
Grand Capital Yes 100 75-85%/ 0-15% 7.8 / 10 Visit Now
Pocket Option Yes 50 N/A N/A / 10 Visit Now
Option888 No 250 75-85% / 0-15% 6.9 / 10 Visit Now
uTrader No 300 75-85% /0-10% 5.3 / 10 Visit Now
RaceOption No 250 50-70% /0% 6.3 / 10 Visit Now
OptionField No 100 70-93%/0% 7.3 / 10 Visit Now
Binary24 No 10 75-85% /0-10% 7.1 / 10 Visit Now
CloseOption No 5 50-95% /0% 6.8 / 10 Visit Now
BinaryMate No 250 75-90% / 0-15% 4.8 / 10 Visit Now
Binarium No 10 70-90% /0% 7.5 / 10 Visit Now
Q8Trade Yes 250 N/A 6.2 / 10 Visit Now
CryptoBO No 250 70-85% 4.9 / 10 Visit Now
Finarix No 250 N/A 5.7 / 10 Visit Now
NSBroker Yes 250 N/A 9.4 / 10 Visit Now

Binary Options Brokers List 2020

Search Brokers

The word “broker” comes up in about any binary options conversation and that’s because you cannot trade binaries without using one. If you are new to all of this, then you’re probably wondering what brokers are; so here’s the quick rundown: they are the intermediary between the trader and the financial market, so when you want to open a trade, you will have to go through the broker. You will need a brokerage account and then if you want to trade, you will have to fund that account. Here’s when potential problems may arise.

There are literally hundreds of brokers out there, so finding one will not be a problem… Choosing the right one may prove to be difficult because all brokers have different trading conditions.

Learn about the Brokers

Your first concern should be the safety of your money. Is this broker regulated? Are they trustworthy? What do other clients say about them? There have been a lot of scams in the early days of Binary Options and although now things are a lot safer, you will still encounter brokers that try to scam you in various ways. That being said, when choosing your next Binary Options broker, this is one of the first questions you have to ask yourself: is this brokerage regulated by a major financial watchdog like CySEC (Cyprus), ASIC (Australia), FCA (United Kingdom), CFTC (United States), or any other local regulator? Only a few of the unregulated brokers are trustworthy.

Your second concern should be about trading conditions. How much is the minimum deposit? How much is the minimum trade? What assets are they offering? What’s the average return? Will I get a refund in case of a losing trade? If you plan on investing low, you will have to choose a broker with a low investment per trade. If the broker allows you to trade lower amounts per trade, that means that you can stay in the game longer and a losing trade will not be such a big deal.

And finally, the BOTS score. We take everything we just talked about into consideration and translate it into a number anywhere between 0-10. These numbers are also based on client’s opinion, so it’s not only us you can trust but also traders like yourself. For more information regarding each and every broker, click on the brokers’ name.

Choose Your Broker

Trust is a major issue when it comes to these companies because, as I mentioned above, you will have to fund an account with them, so your money will be in their possession. If the brokerage is legit, then you have nothing to worry about, because you can withdraw at any time or use that money for trading and make a profit.

The matters above and much more (like Bonuses, Fees, Commissions, Deposits, and Withdrawals, etc.) are extensively covered in our Broker Reviews. We are doing everything we can to keep our reviews comprehensive and up to date, so don’t let our work go to waste. Use it!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Best Options Broker 2020!
    Great Choice For Beginners!
    Free Trading Education!
    Free Demo Account 1000$!
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Only For Experienced Traders!

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