Table of Contents
TOP 5 Binary Options Brokers in Colombia
Finding the right binary options broker in Colombia is a very difficult task. In this country, binary options are not regulated in any way, which means that any broker who wants to offer binary options to Colombian residents can do so without any legal restrictions. This leads to a situation where there are many platforms in the market that are untrustworthy. That is why we decided to prepare a list of recommended binary options platforms that accept Colombian clients.
Quick Pick:
Best for Beginners:
Most Trusted: &
Low Deposit:
| TOP 5 Binary Options Brokers | ||
Our Favorite  | ||
 | ||
 | ||
 | ||
 |
As you can see, the choice is wide. Each of the brokers mentioned on this list has been thoroughly checked and verified by us. In our opinion, in most cases, IQ Option will be the best solution. However, if you are looking for a broker for mobile trading, choose Expert Option. If you are interested in functions such as copying traders, trading signals and bonuses, choose Pocket Option. If you are a fresh trader and you are just starting your adventure with binary options, choose Binarium due to its low initial deposit and large educational facilities. And if you plan to make a larger deposit, I suggest you choose Binarium – it is a broker that offers the best conditions for VIP clients.
IQ Option
IQ Option is the most recognizable binary options broker in the world. The platform was established in 2013 and thanks to an innovative approach to trading, it has already gained over 100 million customers. The broker is considered one of the safest on the market thanks to the fact that it has 7 licenses all over the world. IQ Option offers the highest returns in the binary options industry and a very modern platform equipped with a large number of indicators and tools for technical and fundamental analysis. Unfortunately, the broker does not offer features such as copy traders, trading signals or bonuses. In return, IQ Option offers the highest returns in the industry and weekend trading on OTC assets. If you are looking for a reliable broker with a great platform and the best returns, 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
- Colombian Traders: Accepted
Expert Option
Expert Option was established in 2014 and in the first years of its activity it competed intensively with IQ Option. Over time, the broker has changed its business model and focused on other markets. Expert Option has greatly developed its mobile app, which is considered to be the best in the industry. The app is full of features and lightweight. Thanks to this, even on less efficient devices, everything will run smoothly. The browser version is great as well. The platform is equipped with a large number of indicators, drawing tools and an extensive “Education” facility. Expert Option offers variable trading conditions depending on how much you deposit. Our suggested deposit is $100. If you are looking for a broker that offers great returns (a bit worse than IQ Option), a modern platform and the best 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
- Colombian Traders: Accepted
Pocket Option
Pocket Option is a broker that was established in 2017 and is the only platform that offers all-in-one. On the platform you will find features such as copy traders, trading signals, cashbacks, bonuses, risk free trades 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 regulated by IFMRRC, which means that your funds are completely safe and the broker offers the highest quality of services. The disadvantage of this platform is a poor mobile application, which offers the possibility of market analysis, but there is no possibility of copying traders. The design is also not the best and definitely differs from Expert Option. If you are looking for a broker that offers a great trading platform, high returns and lots of features, choose Pocket Option.
- 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
- Colombian Traders: Accepted
If you open an account with this broker, you will receive a 50% 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 or Expert Option. For a long time, the broker offered an outdated platform with average trading conditions. Recently, the platform has undergone a facelift and has caught up with the competition. In our opinion, Binarium is the best broker for beginner traders. The minimum deposit with this broker is just $5. Binarium has an extensive “Education” tab, where you will find a lot of guides and 20 ready-made strategies. When opening an account with this broker, you can choose from 15 default currencies. If the currency of your brokerage account matches the currency of your bank account, you will save money on transfers. If you are looking for a beginner broker that offers the lowest initial deposit, 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
- Colombian Traders: Accepted
Binomo
Binomo is the king of Asian countries. This broker is very popular in these regions. Binomo is considered to be the best broker for VIP clients. On the one hand, the minimum deposit on this platform is only $10, but you will get very average terms. If you choose to deposit over $ 1000 you will receive the best returns in the industry (better than IQ Option!), Access to VIP tournaments, an account manager and weekly cashbacks. In our opinion, it doesn’t make much sense to choose Binomo if you are going to make a small deposit. If you are planning to deposit over $ 1000, Binomo is the platform for you. You will receive the best 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
- Colombian Traders: Accepted
If you open an account with this broker, you will receive a 25% deposit bonus!
Binary Options Brokers in Colombia – Conclusion
As you can see, the choice is very large. Each of the brokers listed here has a free demo account. To open a demo account, all you need to do is go to the broker’s website and then select the “register” option. Payment of the deposit and trading takes place without unnecessary formalities. If you want to withdraw money, you will need to verify your account. To verify your account, all you need to do is confirm your identity and home address. To do this, you need to send a photo of your ID card or passport and a electricity bill or bank statement. Verification is required at every broker in the world because it protects the platform against money laundering.
Is binary options trading legal in Colombia?
Yes, binary options are legal in Colombia. Unfortunately, they are not regulated in any way, which means that there are many platforms on the market that can cheat you. That is why we have prepared a special list of the best binary options platforms that accept Colombian clients.