TOP 5 Binary Options Brokers in Congo
Finding the right binary options broker at Congo is a very difficult task. In this country, binary options are not regulated in any way, which means that anyone who is interested can legally invest in binary options. Unfortunately, the lack of regulation means that it is very easy to find a dishonest broker. That’s why we’ve decided to prepare a list of recommended platforms for Congo residents.
Quick Pick:
Best for Beginners: Pocket Option
Most Trusted: Binomo & IQ Option
Low Deposit: Binarium
TOP 5 Binary Options Brokers | ||
Our Favorite | ||
As you can see, there is a lot to choose from. In our opinion, the best choice for most people will be IQ Optiob because this broker offers a high level of security and the highest returns in the industry. However, if you are interested in mobile trading, choose Expert Option because of their great app. And if you would like to try your hand at copying profitable traders or using trading signals, check out Pocket Option. If you plan to make a larger deposit over $ 1000, I suggest you choose Binomo because this broker offers the best conditions for VIP clients. And if you are a complete beginner and you are interested in a broker with the lowest 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 trading platform, which was the first to give traders the possibility of advanced price analysis with the help of professional analytical tools and indicators. Currently, over 100 million customers around the world use the services of IQ Option. The broker has the highest returns in the industry, a low initial deposit as low as $10 and a modern trading platform and support in many languages (including French). IQ Option is regulated by over 7 entities around the world, which means that investing with this broker is completely safe. Unfortunately, IQ Option does not offer signals, bonuses or copy traders. If you are looking for a modern binary options broker that offers 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
- Republic of the Congo Traders: Accepted
If you open an account with this broker, you will receive a $10 000 demo account!
Expert Option
Expert Option is a professional binary options broker that was established in 2014. In the first years of its operation, the broker competed with IQ Option, but over time the brokers changed target markets, and Expert Option focused on developing its mobile app. Currently, the Expert Option mobile app is considered the best in the industry – it is light and offers many tools. The browser version is great as well. You can use professional analytical tools and many indicators on the platform. There is even a Social Trading feature that allows you to see how other traders are trading. If you need help in trading, you will find trading signals on the platform. It is worth mentioning that Expert Option offers different account types depending on how much you deposit. Therefore, we suggest you deposit a minimum of $ 100 to receive increased returns. If you are looking for a professional binary options broker with 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
- Republic of the Congo Traders: Accepted
Pocket Option
Pocket Option is an advanced binary options platform that was established in 2017 and quickly gained popularity thanks to its functionality. Pocket Option is the only broker on the market to offer an all-in-one platform. On the platform you will find features such as copy traders, trading signals, bonuses, cashbacks, achievements and much more. The more you trade, deposit and cash out, the more gems you get, which you can exchange for risk free trades, bonuses and cashbacks. The broker rewards users for their activity by awarding achievements and motivating them to break private records. Pocket Option is regulated by IFMRRC, which means that the deposit you paid is kept securely and the quality of services is at the highest level. If you are looking for a regulated binary options broker that offers many features and very good returns, 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
- Republic of the Congo Traders: Accepted
If you open an account with this broker, you will receive a 50% deposit bonus!
Binomo
Binomo is a simple trading platform that was established in 2014 and has become the most popular in India and some parts of South America. The platform offers access to many analytical tools, indicators and tournaments with cash prizes. Binomo is considered by traders to be the best broker for VIP clients. On the one hand, the minimum deposit with this broker is just $10, but you will get mediocre investment conditions for it. If you choose to deposit over $1000, you will become a VIP customer and receive increased returns, access to VIP tournaments, weekly cashbacks and a private account manager who will teach you how to make money on binary options. If you are looking for a professional broker that offers great conditions for VIP clients, choose Binomo.
- 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
- Republic of the Congo 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 founded in 2012, but never gained such popularity as IQ Option, Expert Option or Binomo. Binarium for a long time offered an outdated trading platform and average investment conditions. Recently, the platform has undergone a facelift and has caught up with the competition significantly. In our opinion, Binarium is a great proposition for beginner traders who are looking for a broker with a low initial deposit and a rich educational base. On the platform you will find many analytical tools and a package of 20 strategies. If you decide to deposit over $250, you will get access to the Trading Room. When opening an account with this broker, you can choose the default currency of your account. If the currency is compatible with your bank account, you will save money on currency conversion. If you are looking for a simple binary options broker with a low minimum 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
- Republic of the Congo: Accepted
Conclusion
As you can see, there is a lot to choose from. We have divided brokers into categories so that you can choose the platform that suits your needs. Each of the listed brokers has a free demo account that you can open by going to the broker’s website and then clicking the “register” button. In some cases, you will be able to choose your default account currency. Depositing and trading requires no additional formalities, and you can start trading within minutes of registering. If you want to withdraw money, you will need to verify your account. To verify your account, you must confirm your identity and residential address. A photo of your ID card or passport is enough to confirm your identity. To confirm your address, all you need to do is send a photo of your electricity bill or bank statement. Verification is necessary because it protects against money laundering.
Is binary options trading legal in Congo?
Yes, binary options are perfectly legal in Congo as no law prohibits them. There are no regulations governing binary options in this country and this means that anyone who wants to register can do so with any broker. This is a dangerous situation because it is easy to find a dishonest broker. Therefore, we encourage you to use our list of recommended brokers for Congo residents.