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Best Binary Options Brokers in Armenia (2022)

TradingThug by TradingThug
August 6, 2022
in Best Binary Options Brokers
Reading Time: 15 mins read
0

Table of Contents

  • TOP 5 Binary Options Brokers in Armenia
    • IQ Option
    • Pocket Option
    • Expert Option
    • Quotex
    • Binarium
  • Conclusion
    • Is binary options trading legal in Armenia?
    • How to choose binary options broker in Armenia?
  • Video

TOP 5 Binary Options Brokers in Armenia

Finding the right binary options broker in Armenia is a very difficult task. In this country, binary options are perfectly legal but unfortunately not regulated by law. This means that there are a great many brokers on the market – even those that are unlicensed and can be dangerous. That is why we decided to prepare a ranking of the best binary options brokers for the people of Armenia.

Quick Pick:

Best for Beginners: Pocket Option

Most Trusted: Binomo & IQ Option

Low Deposit: Binarium

TOP 5 Binary Options Brokers
Our Favorite
Pocket Option Logo
  • 96% Max Profit
  • $50 Min. Deposit
  • $1 Min. Investment
  • Demo Available
  • Copy Trading, Signals, Bonuses
  • Deposit via Cards, eWallets, Crypto
Visit Broker
Try Free Demo
IQ Option
  • 95% Max Profit
  • $10 Min. Deposit
  • $1 Min. Investment
  • Demo Available
  • Tournaments
  • Deposit via Cards, eWallets
Visit Broker
Try Free Demo
  • 93% Max Profit
  • $10 Min. Deposit
  • $1 Min. Investment
  • Demo Available
  • Signals, Bonuses
  • Deposit via eWallets, Crypto
Visit Broker
Try Free Demo
binomo trading
  • 90% Max Profit
  • $10 Min. Deposit
  • $1 Min. Investment
  • Demo Available
  • VIP Conditions
  • Deposit via Cards, eWallets, Crypto
Visit Broker
Try Free Demo
Binarium low deposit
  • 90% Max Profit
  • $5 Min. Deposit
  • $1 Min. Investment
  • Demo Available
  • Trading Room
  • Deposit via eWallets, Crypto
Visit Broker
Try Free Demo

As you can see, there is a lot to choose from. Each listed broker has been thoroughly checked by us and you can be sure that you will not be scammed. In the vast majority of cases, IQ Option will be the best choice because it offers the highest returns in the industry and a high level of security. If you are looking for a broker that offers features such as copy traders, trading signals or bonuses then you should choose Pocket Option. If you expect that you will spend most of your time trading mobile, choose Expert Option because it has the best app. If you need help in trading and want to rely on trading signals, choose Quotex. And if you are a complete beginner and are looking for a broker with the lowest possible initial margin, choose Binarium.

IQ Option

iq option binary options broker in armenia
IQ Option Trading Platform

IQ Option is the most recognizable binary options broker on the market. The broker was founded in 2013 and quickly gained popularity thanks to its trading platform, which was the first to offer numerous indicators, professional analytical tools and an integrated economic calendar. Currently, over 100 million clients use the broker’s services. IQ Option is renowned for the highest returns in the industry and a high level of security. The broker is regulated by 7 entities around the world. IQ Option is not only binary options but also forex, CFDs, Crypto, ETFs and stocks. Due to legal restrictions, IQ Option cannot offer bonuses, signals or copy traders. If you are looking for a regulated binary options broker with a modern platform and the highest returns in the industry, choose IQ Option.

  • Regulation: Yes, CySEC, FCA, CONSOB, REGAFI, AFM, CNB, CNMV
  • Minimum Deposit: $10
  • Minimum Trade: $1
  • Bonus: None
  • Payouts: 98% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes, Android & iOS
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • Armenian Traders: Accepted
Visit IQ Option

Pocket Option

pocket option binary options broker in armenia
Pocket Option Trading Platform

Pocket Option is an advanced binary options broker that was founded in 2017 and became very popular rapidly thanks to its all-in-one trading platform. On the platform you will find traders’ copy function, trading signals, bonuses, achievements, cashabacks and much more. The more you deposit, trade and withdraw, the more gems you get, which you can exchange in the “Market” tab for bonuses, risk free trades and cashbacks. Pocket Option is a certified broker by IFMRRC, which means that the deposit you paid is properly stored and the quality of services is at the highest level. If you are looking for an advanced binary options broker that offers a great trading platform, high returns and is characterized by great functionality, choose Pocket Option. It is our number one broker in many countries around the world.

  • Regulation: Yes, IFMRRC
  • Minimum Deposit: $50
  • Minimum Trade: $1
  • Bonus: Up to 50%
  • Payouts: 95% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes, Android & iOS
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • Armenian Traders: Accepted
Visit Pocket Option

If you open an account with this broker, you will receive a 50% deposit bonus!

Expert Option

expert option binary options broker in armenia
Expert Option Trading Platform

Expert Option is a modern binary options broker, which was established in 2014 and in the first years of its activity it competed intensively with IQ Option. Over the years, brokers have changed target markets and Expert Option has focused on developing its mobile app. Currently, the Expert Option app is considered the best in the industry because it is light and offers many features. The browser version is great too – you will find many indicators, analytical tools and an integrated economic calendar there. It is worth paying attention to the Social Trading function, which allows you to check how other traders on the platform trade. In the “education” tab you will find many guides and several ready-made strategies. Expert Option offers several account types depending on how much you deposit. Therefore, we suggest you pay at least $ 100 to get started. If you are looking for a modern binary options broker that offers high returns (slightly lower than IQ Option) and the best mobile app in the industry, choose Expert Option.

  • Regulation: Yes, IFMRRC
  • Minimum Deposit: $50
  • Minimum Trade: $1
  • Bonus: None
  • Payouts: 90% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes, Android & iOS
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • Armenian Traders: Accepted
Visit Expert Option

Quotex

quotex binary options broker in armenia
Quotex Trading Platform

Quotex is the youngest broker on our list. The broker was established in 2020 as a competitor to Pocket Option. You will find many indicators and analytical tools on the platform. The flagship function of Quotex are trading signals, which, according to the broker’s assurances, achieve efficiency up to 87%. For being active on the platform, the user is rewarded with achievements that encourage them to break their own records and gain knowledge. Unfortunately, the big disadvantage of this broker is the lack of any regulation. I contacted a representative of Quotex and got information that the broker is in the process of applying for a certificate. If you are looking for a minimalist binary options broker with effective trading signals and a great trading platform, choose Quotex.

  • Regulation: No
  • Minimum Deposit: $5
  • Minimum Trade: $1
  • Bonus: 100%
  • Payouts: 90% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • Armenian Traders: Accepted
Visit Quotex

If you open an account with this broker, you will receive a 30% deposit bonus!

Binarium

binarium binary options broker in armenia
Binarium Trading Platform

Binarium is the oldest broker on our list. The broker was founded in 2012 but has never gained the popularity IQ Option, Expert Option or Pocket Option. Binarium offered average investment conditions and an outdated trading platform for a long time. Fortunately, Binarium has recently undergone a facelift and has caught up with the competition. In our opinion, it is the best broker for beginner traders because it offers a low minimum deposit from $5 and a large educational base. In the “education” tab you will find many guides and a package of 20 ready-made strategies for both beginners and advanced traders. When registering, you can choose 1 of the 15 default account currencies. If the currency of your account is the same as the currency of your bank account, you will save on currency conversion fees on transfers. If you are looking for a good binary options broker for beginners, choose Binarium.

  • Regulation: No
  • Minimum Deposit: $5
  • Minimum Trade: $1
  • Bonus: Up to 100%
  • Payouts: 95% Max
  • Assets: Commodities, Crypto, Forex, Indices, Stocks
  • Mobile Trading: Yes
  • Withdrawal Processing: 24 Hours
  • Demo Account: Yes
  • Armenian Traders: Accepted
Visit Binarium

Conclusion

As you can see, there is a lot to choose from. Every broker on this list has been thoroughly checked by us, and you can find full reviews on our website. All brokers have a free demo account that you can open by going to the broker’s website and then clicking the “register” button. To open an account, you must provide your email address and password. In some cases, you will be able to choose your default account currency. The deposit payment and trading do not require any unnecessary formalities. You can start trading in minutes! If you want to withdraw the money you earn, it will be necessary to verify your account by confirming your identity and address. To confirm your identity, all you need to do is send a photo of your ID card or passport. To confirm the address, a photo of the electricity bill or bank statement is enough. Every broker in the world requires account verification to prevent money laundering.

Is binary options trading legal in Armenia?

Yes, binary options are perfectly legal in Armenia. Unfortunately, no regulations regulate this financial instrument, which means that any broker can offer services in this country – even if it has no regulations. This is very dangerous because it is easy to find a dishonest broker who may be trying to cheat you. Therefore, we encourage you to use our list of recommended brokers for Armenians.

How to choose binary options broker in Armenia?

Finding the right binary options broker in this country is a very difficult task. To minimize the risk of fraud, you should look for experienced brokers with regulations. In our list you will find many recommended brokers that meet these requirements. The fact that a broker is not regulated does not mean that it is a fraudster – regulation is simply not required in many countries around the world. However, in order to minimize the risk, we recommend choosing a regulated platform.

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Investments in OTC market instruments, including contracts for difference (CFDs), due to the use of the financial leverage mechanism, are associated with the possibility of incurring losses even with a slight change in the price of the underlying instrument on the basis of which the price quotation of a given instrument is based. It is not possible to make a profit on transactions on OTC instruments, including contracts for exchange rate differences (CFDs) without exposing yourself to the risk of loss. When making investment decisions, the client should use his own judgment.

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