Best Top Binary Options Brokers 2020

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Best Binary Option Brokers 2020 – Top5

Online binary options traders will agree that choosing the right broker is one of the important things you can do to increase chances of succeeding as a trader.

There are hundreds of brokers to choose among. However, finding the best options broker will require you take into account various factors.

These include considering things like whether they’re fully regulated, payment methods accepted, financial instruments on offer and minimum trading amounts among others.

But sifting through dozens of brokers to find the right one for you could require several days of online research. To allow you to cut down on this time, we’ve created this detailed review.

10 of the best binary options brokers operating online today.

Each broker was selected based on several criteria. These include:
    Popularity among online traders Countries where they are popular Regulatory bodies Tradable financial instruments on offer Accepted payment methods Whether they have a binary options demo account Trader friendliness Deposits, effective returns and withdrawals . and many more

You can also click on a specific broker to read a more comprehensive review of the broker.

So here it goes.

Olymp Trade

This is one of the new entrants in the binary options market. Launched in 2020, Olymp Trade has its headquarters in Russia.

This options broker is regulated by the Financial Markets Relations Resolution Center (FMRRC). They’re also a member of the International Financial Commission (FinaCom).

Getting started with Olymp Trade is easy because the broker offers a demo trading account with RUB 10,000 virtual cash. The broker accepts payments made via wire transfer, credit card and eWallets like Skrill.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

If you decide to join this broker, you will need to choose between a Standard Account and a VIP account. For the Standard Account, you’ll only need to make a minimum deposit of $10.

For a VIP Account, you’ll need at least $2000. The minimum you can invest in a single trade is $1 and you can earn an effective return of up to 90%.

Each trade can run for as long as 1 hour and losing trades can be exited at any time to minimize losses. Their list of tradable assets is currently under 20.

Withdrawals are processed fast and will usually reflect on your account within 5 days. Currently, Olymp Trade is most popular in the following countries: the Russian Federation, Thailand, Brazil, Indonesia and Turkey.

IQ Option

We consider this as one of the top binary options brokers for a number of reasons. One is that they are fully regulated by CySEC and offer their services to traders from many countries across the globe.
IQ Option was founded in 2020 and is headquartered in Cyprus.

This broker’s platform is well designed and can be accessed via browser or app.
Their platform also includes dozens of different charts, indicators and other trader friendly features.

One of their strong points is the high effective returns earned per trade. You can actually earn up to 95% on successful trades. Another cool thing about this broker is the over 10 million different assets you can choose from.

If you wish to try out their platform, you can open a binary options demo account before trying out a real account. The demo account comes credited with $10000 virtual cash.

Opening a real account will require as little as $10. You can make your deposit via wire transfer, credit/debit card, Skrill and other eWallets.

Withdrawals can be made via these payment methods. Each withdrawals request is processed within 24 hours.

IQ option accepts almost every nationality but some of the countries where IQ Option is the most popular are the Russian Federation, Italy, India, Brazil and Thailand.

Broker Rating Full Review Demo

Ayrex

Several things make Ayrex among the best binary trading sites. Launched in 2020, this is one of the few brokers that are currently unregulated (although they claim to be working to get CySEC regulation).

You can enter into a trade position using as little as $1. Trades can last as long as 24 hours.

One of the reasons we chose to include Ayrex in this binary options broker review is their unique and custom trading platform.

The underlying software is extremely fast. This is quite important since the broker offers trade expiry times of as little as 30 seconds.

They also offer a neat demo account with $1000 virtual cash. One thing that stands out about this demo account is that you can actually increase the amount in your demo account in $1000 increments.

Opening a real cash account is also quite simple. The broker accepts several payment methods including wire transfer, credit card, Skrill and Neteller.

The minimum amount you need to open a real cash account is $5. Successful trades will earn as much as 83% effective return. Your withdrawals will be processed within 24 hours.

Ayrex currently offers over 50 financial instruments. Their client base is pooled from countries like South Africa, India, Indonesia, the UK and Malaysia.

Broker Rating Full Review Demo

ExpertOption

This is one of the new entrants in the regulated binary options brokers industry. ExpertOption was founded in 2020 and is regulated by the Financial Markets Regulations Center (FMRRC) and the Vanuatu Financial Services Commission (VFSC).

ExpertOption offers a modern, well-designed platform that’s powered by the broker’s own custom software.

The platform is quite fast and accessible via a web browser or mobile app. Being a new broker, their assets list is quite limited (currently just

However, the list includes cryptocurrencies which many traders are finding attractive.
You can start trading on the ExpertOption platform using their demo account which comes credited with $10000 virtual cash.

To open a real trading account, you’ll need to deposit anywhere between $50 and $5000.

There are 5 different account types each offering several trader friendly features. Every new account can attract a bonus of up to 125% which is quite high.

The ExpertOption platform accepts over 20 different payment methods including wire transfer, credit cards, Skrill and WebMoney.

Depending on your account type, you can enter a position with as little as $1 and as high as $5000. Each successful trade will attract an effective return of up to 96%.

One feature we particularly like about this broker is how fast withdrawals are processed. Depending on your account type, you can have withdrawals processed within as little as 48 hours.
You can also withdraw as little as $10.

Currently, ExpertOption is popular by traders from India, the United States, South Africa, Indonesia and Thailand.

Top 10 Binary Option Sites: Best Binary Option Sites for 2020

We extend a very warm welcome to you and thank you for visiting the Top 10 Binary site, here you are going to find information and helpful guides that will allow you to find the perfect Binary Option trading sites and Binary Option Brokers that will offer you everything you will need to be online and trading options in no time at all.

I cannot stress the importance of you only ever signing up to and placing your real money Binary Options trades at a fully licensed and regulated online and mobiles Brokers site and apps, as that way you will always then have the peace of mind in knowing those sites and apps are run to the very highest of industry standards.

To ensure locating a licensed Binary Options Broker is as simple as possible, what you are going to find as you take a look around this website, are lots of country specific trading guides, which will give you an overview of just where you can place your trades at, and which Brokers come with the highest rating from traders too.

Broker Rating Full Review Demo

Deposit: $10
Payout %: 91%*

Deposit: $250
Payout %: 90%

Broker Offer Devices Trade Now / Review

* Amount to be credited to account for a successful trade

From USA? Checkout our exclusive list of the Top Binary Options Traders and Brokers for USA

Do you want to learn to how to trade binary options, or looking to find out how binary options trading works.
Then follow the link above to find the answers to the questions you may have.

Below you will find an overview of what you will find on offer as you look around our website, which is something that we do of course encourage you to do!

  • Top 10 Binary Options Brokers – With so many new Binary Option Brokers opening up sites online, then you should be 100% confident that the one you choose to use is licensed and can be trusted, and as such all of the top 10 Binary Option Brokers we have listed will always live up to your expectations and are of course fully licensed and regulated.
  • Top 10 Forex Brokers – Should you be interested in trading currencies then your first port of call should be our listing of the top 10 Forex Brokers, all of those listed really are the cream of the crop and offer a huge collection of currencies for you to trade against.
  • Top 10 Binary Option Sites – There are plenty of places listing on our website where you can trade all manner of binary Options, and many of those listed on our top 10 Binary Option sites listing will also let you open up a demo account, so if are setup for Binary Options trading then you will be able to see your initial set of trades.
  • Top 10 Binary Trading Sites – To complement all of the trading sites listed throughout our website we also have a top 10 Binary Trading sites guide, now when you take a look at this guide you will find all of the information you will require to find a site that caters for the types of trades you wish to make.

Licensed Binary Options Brokers

Not only that but each of our fully approved Binary Options Brokers do offer plenty of extra and added incentives of you to try out their respective sites and apps, and they can and most often do take the form of very high valued trader bonuses, which always come with a fair set of terms and conditions.

With that in mind, please do spend as much time as you need or require checking out our Broker reviews, for there is no doubt in my mind you will find a first-class Broker at which to place your real money trades at.

We have tried to pack as much relevant information into each of our top 10 Binary Options and Forex trading site listings as is possible, as we know and fully understand that you want access to a range of different services, trade types as well as sites that will cater for your trades, irrespective of whether you are making high or low valued trades.

It will be up to you as to just which Binary Options trades that you set about placing online or via a mobile trading app of course, but never lose track of the fact that there are going to be many types of trades you may never have come across such as the following ones.

One-Touch Binary Options – The One Touch Binary Options trades are going to close and you will have won when pacing them if at any time during which they are live and in play the value you predicted, either upwards or downwards in value is reached.

Call and Put Trades – The most commonly placed and in fact the most basic of all Binary Options traders are the Call or Pout trades, and therefore if you are new to the world of Binary Options trading, they will be the ones that you are going to be placing initially.

No-Touch Options – You will be best advised to look at how No-Touch Binary Options trades work and operate for they can and often will offer a very welcome direction when you are seeking out some of the much more unique and exotic types of traders available to you.

Top 10 Trading Options

What I now want to move onto giving you an insight into is the most commonly placed trade types, and do keep in mind that you are going to have the option of placing any of the following trades either via a demo mode trading account or a real money trading account too.

  • Trading Commodities
  • Gold Related Trades
  • Trading Silver
  • Crude Oil Trades
  • Trading Indices
  • Currency Pairings
  • Trades
  • Bitcoin Trading
  • BIT/USD Options
  • Dow Jones Trading

You should however always ensure that you have a good and very deep understanding of just how to place any of the top 10 Binary Options trades, so I would suggest you do make sue of a demo mode trading account initially to place each of them.

By doing so you will soon get to grips with the way that each of them have been designed and how each trading markets works and operates too, and can then make a very well balanced decision as to just which of them you may like to then go on to placing in a real money Binary Options trading environment at a later date.

Binary Options Trading Promotions

The way to get the maximum trading value out of your trading budget will be of course by making sue of some of the many trader bonuses of which you will find quite a number of them available to you as you take a look around our website.

However, keep in mind that apart from some very high valued sign up welcome bonus that each of our rated and approved Binary Options Brokers will be offering you access to, many of them also make available plenty of ongoing bonus offers and deals too.

Therefore spend a little bit of time looking over the websites of each of those Binary Options Brokers, as that way you will see just what each of them is going to be offering you are one of their newly signed up traders but also as one of the loyal and regular ones too.

The terms and conditions attached to any such offers, promotional deals and bonus swill also be found on each brokers website too, so above all else make sure that you fully familiarise yourself with those terms and conditions, which will have been designed in a very fair and transparent way.

Resources

Please do not feel intimated about opening up a demo or real money Binary Options trading account, for the very minute you do so you are then going o be faced with all manner of different trades that you can place, on almost anything you wish to trade the value of.

However, for those of you that are completely new to the very exciting and it does have to be said often very profitable world of Binary Options do consider placing initially the most basic type of trade that being a Call or Put trade.

There really is nothing complicated about placing Binary Options trades, and you are going to full master placing them in no time at all, in fact the above video presentation will give you an insight into just how you can go about claiming them too, so please do spend a few minutes watching that video as it should give you an excellent basis insight into just how to place such trades in no time at all.

Frequently Asked Questions

You should find plenty of Binary Options Brokers are going to offer alongside their online trading platforms their own unique mobile trading apps, and they will be free to download and you can open a real money or demo trading account when you have such an app installed on your mobile device.

They are in fact worth having, for by you making the effort to set about downloading one onto your mobile device you are then going to be able to place any type of Binary Options trade no matter where you are or when you spot a trading opportunity.

All levels of Binary Options traders are going to at some point in the other be tempted to place a trade on Stock Indices, and one thing I would like to point out is that you can make some high profits when placing such trades.

However, the actual stake you placing on any Stock Indices based trade will always be ones that you can pick and choose as all traders will offer some very low stake limits on such trades but also offer some much higher trade limits to their customers too, so everyone can afford to place them.

Please never be under the impression that you are ever going to have to be forced to have to make some very large deposits when you want to set about trading Binary Options at an online or mobile Brokers site or app as that isn’t going to be the case.
What you will find is that each of our featured Brokers are going to give you the opportunity of depositing some very small amounts into your real money trading accounts, but conversely will allow you to deposit some large amounts of cash, if you are a high stake or high volume.

Брокеры с бинарными опционами

В этом рейтинге 48 реальных отзывов о 13 компаниях, а также наши эксперты (3) выполнили тестов/обзоров (13)

Бинарный опцион – это один из видов финансовых контрактов или деривативов, применяемый для внебиржевой торговли. Бинарные опционы позволяют торговать различными базовыми активами, в качестве которых могут выступать акции и индексы фондовых бирж, валютные пары, товары сырьевых рынков. Это финансовый инструмент с фиксированной доходностью и убытками. Особенностью этих контрактов, является ограничение по времени. Любой контракт имеет свой срок исполнения или время экспирации. При открытии опциона трейдер сам выбирает срок экспирации, он может варьироваться от одной минуты до полугода. Торговля бинарными опционами обладает рядом преимуществ, главным из которых является возможность до заключения контракта рассчитать потенциальную прибыль или возможные убытки. Принцип торговли очень прост, трейдеру необходимо определить направление движения цены актива, PUT или CALL и время экспирации. Так как направлений движения цены контракта всего два – вверх или вниз -, то опционы и называются бинарными.

  • Страна: США
  • На рынке : c 1986 года
  • Торговая платформа: Собственная
  • Страна: Офшорные
  • На рынке : c 2020 года
  • Торговая платформа: SpotOption 2.0
  • Минимальный депозит: 10 USD
  • Страна: Офшорные
  • На рынке : c 2000 года
  • Клиентов: 1000000
  • Торговая платформа: MetaTrader 5, WebTrader, SmartTrader
  • Страна: Австралия
  • На рынке : c 2020 года
  • Страна: Офшорные
  • На рынке : c 2020 года
  • Торговая платформа: Собственная
  • Минимальный депозит: 50 USD
  • Страна: Офшорные
  • На рынке : c 2020 года
  • Клиентов: 25580000
  • Торговая платформа: Собственная
  • Минимальный депозит: 10 USD
  • Страна: Офшорные
  • На рынке : c 2020 года
  • Торговая платформа: MetaTrader 4, Собственная
  • Минимальный депозит: 100 USD
  • Страна: Великобритания
  • На рынке : c 2020 года
  • Торговая платформа: SpotOption
  • Минимальный депозит: 250 USD
  • Страна: Великобритания
  • На рынке : c 2020 года
  • Торговая платформа: SpotOption
  • Минимальный депозит: 250 USD
  • Страна: Офшорные
  • На рынке : c 2020 года
  • Торговая платформа: Собственная
  • Минимальный депозит: 10 USD
Rank Компания Клиенты Оценка Отзывы
1 3.6 ★ 22
3 3.5 ★ 10
4 2.0 ★ 1
10

Юзеры ( 3 ) оценили на 4.7 из 5

CFD – заработок на разнице цен на определенный товар, без владения самим товаром (золото, нефть, газ и т.д.).

Бинарные опционы – это как ставка на спортивное событие, например вы делаете “ставку” X долларов, что цена нефти через день будет Y. Если это случилось получите прибыль, не случилось – теряете всю “ставку”.

Forex – торговля валютами и заработок на их курсах.

Индексы – заработок на изменении экономических индексов разных стран.

Акции – заработок на акциях крупнейших компаний мира.

Торговые советники – автоматическая торговля, используя сигналы для начала сделки.

Copy-трейдинг – автоматическое копирование сделок успешных трейдеров.

Суть этих опций в том, что вы передаете свои средства в управление менеджеру, который совершает сделки вместо вас.

LAMM – менеджер торгует на своем счете, а система дублирует его действия на вашем.

PAMM – деньги всех инвесторов находятся на одном счете,которым управляет менеджер. Прибыль\убытки распределяются в процентном соотношении.

MAM – менеджер торгует вашими средствами сразу с нескольких ваших счетов.

NDD – торговля происходит на реальном рынке\бирже, где его участники продают\покупают друг у друга.

ECN – торговля идет между участниками системы, которые сами назначают цену покупки\продажи. Но при этом на межбанковский рынок торговля не распространяется. По сути участники системы лишь покупают\продают право владеть товаром.

STP – торговля идет и на межбанковский рынок, можно сказать напрямую к поставщикам ликвидности (тем у кого есть физический товар). При этом брокер все же выступает посредником.

DMA – клиент покупает\продает у поставщика ликвидности, при этом участие брокера сведено к минимуму, а трейдер получает большую свободу действий.

DD (не рекомендуем для крупных сумм) – торговля происходит внутри компании брокера в виртуальном режиме, при этом на реальный рынок брокер не выходит и ничего для вас не покупает.

Instant Execution – сделка откроется\закроется по конкретной цене. При этом если за время подачи запроса на биржу цена изменится в негативную сторону и станет невыгодной вам\брокеру, то брокер вернет отказ в исполнении сделки. Это может помешать вашей автоматической торговле или потребовать дополнительного внимания для обработки отказов (реквотов).

Market Execution – сделка откроется\закроется по рыночной цене и произойдет в любом случае, даже если цена будет отличаться от вашей изначальной заявки. Это более быстрый вариант выставления ордеров и их исполнения, при этом не требующий слежения за отменами сделок.

Спред – это разница между ценой покупки и продажи товара на бирже.

Плавающий спред – это естественное положение вещей на рынке. Ведь продавцы и покупатели постоянно меняют цены своих заявок, тем самым спред постоянно меняется.

Фиксированный спред – это когда брокер либо покрывает разницу между реальным спредом который существует на рынке или отменяет вашу сделку. Т.к. это несет дополнительные расходы для брокера, то крупные компании с именем, стараются не использовать эту опцию.

Биржи по типу торгуемого товара делят на: фондовые, товарные и валютные. Но чаще биржа включает в себя все эти 3 типа.

Фондовая биржа – это площадка для торговли акциями компаний, облигациями, долговыми ценными бумагами и пр. Выйти на фондовую биржу можно только через посредника (брокер или банк). На фондовом рынке можно купить реальные ценные бумаги (например, акции Apple Inc.), а не просто играть на их цене (фактически ими не владея).

Товарная биржа – даёт возможность торговли различными товарами (чаще сельскохозяйственная продукция, драгоценные металлы).

Валютная биржа – организует и проводит биржевые торги валютой и др. финансовыми инструментами (не путать с Forex).

Индексы описывающие усредненную (по специальной формуле) суммарную стоимость акций топовых компаний конкретной страны. Как правило такие индексы отражают состояние экономики в стране.

На изменении значения этого индекса брокеры предлагают заработать. При этом вы не покупаете конкретный товар, т.к. его по сути нет. Поэтому торги здесь виртуальные.

Скальпинг – частые сделки с небольшой прибылью за короткий промежуток времени.

Хэджирование – открытие сделок для перестраховки и уменьшения рисков. Как правило это или заранее оговоренная цена контракта в конкретный срок (называется фьючерс) или открытие второй сделки приблизительно равной первой но в другом направлении.

Возврат части спреда (рибейт) – как правило у крупных брокеров его нет, т.к. это означает что брокер делиться частью своей прибыли с клиентом. Исключение – это партнерская программа, где брокер делиться прибылью за то что партнер привел ему клиентов.

VPS – это постоянно работающий сервер, на котором круглосуточно будет работать программа для автоматической торговли.

Autochartist – программа, которая автоматически анализирует графики цен, и прогнозирует развитие событий на рынке.

Торговые сигналы – брокер предоставляет свои сигналы для начала сделок или позволяет получать другие. При этом вы сами выбираете каким сигналом пользоваться для трейдинга.

Финансовые регуляторы – организации которые регулируют финансовый рынок (в том числе и брокеров) в конкретной стране.

Если брокер регулируется авторитетной организацией или имеет ее лицензию, это хороший сигнал для увеличения доверия к нему. Это с большой вероятностью означает, что брокер играет по установленным регулятором правилам и соответствует его требованиям.

Best Binary Options Trading Brokers for 2020

Below you will find a list of Binary Options Brokers that offer various binary contracts for trading. Although the term may appear to be very confusing, it’s not that complicated. A binary option is a sort of a contract with a value, expiration date and determined conditions of winning. By purchasing it, you technically make a bet. Most common wager is to predict whether the asset’s price will go up or down from a certain level and stay there until the option expires. Most tradable assets are currencies, indices and some commodities. There used to be much more brokers offering binary options, but many regulatory authorities placed restrictions and prohibited that kind of trading.

Binary options for the retail market were instituted in 2008 when the first description of this product was approved by the US Securities and Exchange Commission. The initial description of what is now known as US-style binary options was based on assets that were listed on exchanges, with traders pitting their bets against each other.

A short while later, a different model of binary options was developed and introduced to the world by brokers based in Europe and Israel. This model (European-style binary options) was essentially based on off-exchange trading of CFDs. However, what followed was years of unwholesome practices and remarkable scandals, which led to the shutdown of the industry in Israel by regulators there, and in the UK and EU region by the European Securities and Markets Authority (ESMA).

The industry is presently undergoing a self-cleansing, and we now have offshore brokers who are showing better commitment at playing by the rules and ensuring their clients get a good deal for their money.

What led to the near collapse of the binary options market?

The answer lies in only one direction: shady brokers and their agents all over the globe. But perhaps some portion of the blame can go to regulators, who were generally very slow in rising up to the occasion to protect the clients, whose money constituted the entire financial backbone of the market.

Brokers are meant to create markets for their clients to trade and are supposed to ensure transparency and safety of trading venues, while maintaining some level of neutrality. However, what occurred between 2020 and 2020 was a situation where a lacuna in regulation led to the emergence of fraudulent entities. These fly-by-night operators set up “brokerages” that were essentially criminal enterprises, specifically designed to rob traders of their hard earned cash. These scam brokers devised several means of ripping off their unsuspecting customers.

A) A common method was the use of call center agents, who unscrupulously obtained contacts of prospective traders and literally harassed them into making ever-increasing deposits, with promises of helping them reap bountiful returns on their investments.

B) There was also the use of volume requirements for incentive bonuses, which were tied to the ability to make withdrawals. Traders soon found out that achieving these volume requirements was practically impossible, thus ending any opportunity at retrieving capital or profits made.

C) In some brazen instances, agents in the brokerage house would access trader accounts from the back end, and execute trades that had been deliberately configured to lose on those accounts. There is at least one case known to the writer where $5,000 was stolen in this manner. Prosecutors and law enforcement agents presently have warrants on the identified personalities behind that brokerage.

Perhaps the case that brought binary options into very negative light, prompting calls for an EU-wide ban, was the unfortunate case of a Canadian investor who lost his life savings after patronizing a shady brokerage entity. The eventual suicide of this investor was the breaking point; EU and UK regulators took action and shut down binary options in Europe and the UK.

Lessons learnt

It is not only traders that suffered from the criminal activities of the scam brokers. Legitimate brokers such as Binary.com paid a very heavy price, as they lost a significant amount of the market share in an industry where they could be said to be the pioneers. Binary.com (which is listed below as one of the best binary options brokers of repute today) and several other legitimate companies around the world were forced to make major changes to their operational models, in an attempt to improve transparency and to bring back badly eroded investor confidence into the market.

Some of the changes which have been introduced include:

A) Restriction on issuance of bonuses, a lot of which is now provided as cashback for volume trading.

B) Robust trader education, in order to ensure that only informed traders use the binary options platforms.

C) Provision of demo accounts, which many of the defunct brokers never provided for their clients. No longer will traders be deprived of the opportunity to test their strategies and learn the process using virtual accounts.

D) Enhancement of the analytical tools on the platforms, to replace the archaic methods of the old order which provided traders with only line charts and zero tools for analysis!

E) Elimination of confusing binary options bet types and sticking to the classical binary options.

F) Getting their entities regulated in the countries of operation, to enhance user protection and boost broker accountability to enforcing regulatory institutions.

G) Incorporating new asset classes (e.g. cryptocurrencies) to the mix.

Criteria used in broker selection

In selecting the binary options brokers displayed in our list below, the following parameters were used in the process of consideration and selection to ensure that only the most genuine brokers are available for you. We have thus made the process simple, knowing that it is quite a challenge for traders to be able to select these brokers on their own.

The issue of regulation cannot be emphasized enough. The only way traders are going to be protected is by regulating the binary options providers they operate with. Anything short of this will be inviting the old demons back. Regulation also provides for greater accountability and ensures that investor confidence is never lacking in the market.

2) Corporate Governance Structure

A look was taken at the structure with which the listed brokerages operate. Many of them have been around for more than 9 years, and have invested in improving their platforms and trade offerings. These brokerages also have properly defined corporate hierarchy and a face to which the company can be tied to. For instance, the CEO of Binary.com is well known. Olymptrade has a very active presence in an online forum in Africa. Brokerages like Go Markets have officials who are also well known. There are no faceless companies in our list.

3) Openness and Reachability

The brokers listed here all have verifiable contact addresses and can be reached by phone, email and social media channels. Compare this with the old order where some brokerage operations were essentially husband/wife run establishments, operating out of a kitchen (yes, a “binary options broker” was found to be just that several years ago).

4) Trade Conditions

The trade conditions for each broker were also reviewed. For instance, we looked at factors such as stability of the platform, uptimes and downtimes, accessibility of customer support, latency of price and data feeds as well as how the brokers handled counterparty risks. Brokers that were found wanting were eliminated from the list.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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