Best Binary Options Brokers in Egypt (2022)

TOP 5 Binary Options Brokers in Egypt

Finding the perfect binary options broker in Egypt is a very difficult task. In this country, binary options are completely legal, but unfortunately not regulated in any way. This means that any broker can offer services in that country. Unfortunately, this is not good news because there are so many dishonest brokers on the market and it is easy to choose the wrong one. That is why we decided to prepare a list of recommended brokers for Egyptians.

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. We have divided the brokers into a category so that you can choose the broker that perfectly suits your needs. In our opinion, in the vast majority of cases, you should choose IQ Option because this broker offers very high returns, has a modern platform and a lot of regulation. However, if you are interested in functions such as copying traders or bonuses, choose Pocket Option. If you expect your trading to be mostly mobile, choose Expert Option because it has the best app. And if you need help with trading and want to take advantage of great trading signals, choose Quotex. If you are a complete beginner and are looking for 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 allow traders to accurately analyze the markets with the help of advanced analytical tools and indicators. Currently, over 100 million clients use the broker’s services. IQ Option is distinguished by a great trading platform that is available in the browser, Windows, MacOS, Android & iOS. IQ Option offers the highest returns in the industry and multi-lingual support (including Arabic). The broker regularly organizes tournaments and has an integrated economic calendar that definitely facilitates the analysis of price rates. If you are looking for a regulated binary options broker that has a great platform and the best 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
• Egyptian Traders: Accepted

If you open an account with this broker, you will receive a $10 000 demo account!

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 that offers all-in-one. 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 withdraw, the more gems you earn, which you can then exchange in the “Market” tab for bonuses, risk free trades and cashbacks. Pocket Option is regulated by IFMRRC, which means that your deposit is completely safe, and the quality of services is at the highest level. It is one of our favorite brokers because of the features it offers. If you are looking for an advanced binary options broker with many features and great 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
• Egyptian 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 platform that was established in 2014 and in the first years of its activity it competed intensively with IQ Option. Over time, brokers have focused on other target markets and Expert Option has focused on developing their mobile app. Currently, the Expert Option app is considered to be the best app for trading binary options. The app is lightweight and has a lot of tools. The browser version is also great and you will find there a lot of analytical tools, a rich base of indicators and the Social Trading feature, which allows you to observe how other traders trade on the platform. In the “Ecuation” tab you will find a lot of guides and some ready-made strategies. It is worth mentioning that Expert Option has several types of accounts depending on how much you deposit. Therefore, we suggest you deposit at least $ 100 to receive higher returns. If you are looking for a professional binary options broker with a modern platform, 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
• Egyptian Traders: Accepted

Quotex

Quotex is the youngest broker on our list. The platform was created in 2020 as a competition for Pocket Option. On the platform you will find many analytical tools, a lot of indicators and a signals function that Quotex boasts in its marketing materials. According to the broker’s announcement, the signals are effective up to 87%. The trader is rewarded for being active on the platform with achievements that effectively motivate him to break his own records. In the “Market” tab you can buy risk free trades, bonuses and cashbacks. The disadvantage of this broker is the lack of any regulations. I contacted the support and got information that Quotex was trying to obtain the appropriate certificate. If you are looking for a minimalist binary options broker with a light trading platform and great signals, choose the Quotex broker.

• 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
• Egyptian Traders: Accepted

If you open an account with this broker, you will receive a 30% 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, Expert Option or Pocket 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, Binarium is the best broker for beginner traders because it offers a minimum deposit from $ 5 and extensive educational facilities. You will find many indicators and analytical tools on the platform. If you want, in the “education” tab you will find a package of 20 ready-made strategies. When registering an account, you can choose 1 of the 15 default account currencies. If the currency of your Binarium account is the same as the currency of your bank account, you will save money on currency conversion during transfers. If you are looking for a great broker for beginners with a minimum initial 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
• Egyptian Traders: Accepted

Conclusion

As you can see, there is a lot to choose from. Each broker has been thoroughly checked and verified by us, so you can be sure that you will not be scammed. All brokers on this list 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 payment of the deposit and trading does not require any additional formalities. You can start trading in minutes! If you want to withdraw the money you earn, you will need to verify your account by confirming your identity and address. To confirm your identity, please send a photo of your ID or passport. To confirm your address, just send a photo of your electricity bill or bank statement. Account verification is necessary with every broker in the world because it protects against money laundering.

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