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Best Binary Options Brokers and Trading Platforms:
Best Binary Option Brokers 2017
Currently, there is no regulator who can oversee and regulate all binary options and Forex activities across the world. Over the years, there has been a remarkable increase in these trades. This may be attributed to the increased accessibility and advances in technology across the globe. As a result, various regulatory bodies have been formed to regulate binary options and Forex activities.
In most cases, such bodies operate within certain geographical regions and their main task is to monitor the various binary options and binary brokers in such regions in a bid to protect traders and monitor the best practises by such brokers.
Many binary options and Forex brokers have enticing trading platforms in addition to a horde of fabulous attractions for their traders. With this in mind, many traders are wondering whether it is okay to just invest in any binary options or Forex broker. The truth is that not all brokers in the market today are reputable. In the U.S.A, for instance, there are strict regulations that have been imposed for the brokers in the region to be in a position to accept US-based traders.
It is such regulations that make some brokers not to accept traders from certain geographical regions. Rather than go through all the trouble to ascertain the best brokers in the market, we have researched the market comprehensively and are happy to present to your the best binary options and Forex brokers this year.
All the binary options and Forex brokers we have recommended on this page have been tested and approved to be genuine and to deliver up to their promise. We have also gone a step further to group the recommended brokers according to the regions they operate in best indian binary options brokers. As such, you just have to find your preferred broker from the following list, based on your geographical location, after which you just need to sign up and start trading right away.
Tips for Comparing and Choosing a Binary Options Trading Broker
The world of trading offers many exciting opportunities and they can be best enjoyed with the guidance of a binary options broker. Choosing a broker that works best for your trading needs can be a daunting and frightening experience but it’s a necessary one for certain. The brokers can help them perform better when trading and instruct them on getting the best return on their investment.
There are several binary options brokers out there who are eager to assist you as a client. However, it is important to remember that choosing a binary options broker can be a detailed process and it’s important to find one that is capable of performing all of the necessary trading tasks. Below are some helpful tips to simplify the process and assist with finding the best broker for your trading needs.
1. Deposit bonus – how much bonus you get on your first deposit and redeposit.
2. Payout –Binary options trading produces varied payouts. Some brokers present variable options that allow them to exit the options prior to the expiration date. Sometimes brokers (for example24Option) allow payouts as great as ninety one percent per trade. The goal for most people in trading is to make money and with a great binary broker, they can succeed. In addition, look for the following benefits:
- Various Payment Options
- High Bonuses
- Outstanding Customer Support
3. Deposit and withdrawal options – the trading platforms have different ways of depositing and withdrawing money. Check the one that is suitable for you.
4. Types of stock options and warrants closing times
5. Minimum deposit – trading platforms require different amounts of minimum deposit for you to start trading. Look for the one that is suitable for you.
6. Trading tools – some trading platforms may have trading signals and automatic trading while some do not have. Choose the platform depending on the trading tools that you prefer.
7. Demo account – various trading platforms cater for its binary options traders, especially the first time investors by providing them with a demo account. This helps to create experience in trading before ones does the actual trading.
8. Customer service – find out if the trading platform has good customer service to cater for all your enquiries concerning binary option trading.
9. Simple User Interface – This is a dependable and professionally structured trading program that offers a simple user interface. This helps to conserve time and effort for the user. The majority of the programs are web based and should be and is recognized as a simple program with interactive controls.
10. Multiple Asset Investing – One of the major benefits of professional software is that is doesn’t restrict investing. Dependable binary options brokers should provide a means for investors to make multiple investments in various assets such as forex, commodities and stocks. This increases theprofit margin for the investor.
11. Expiry Dates Info – Dependable brokers offer expiry dates on a weekly frequency, while offering some daily or hourly options as well. The maximum trade control is obtained only when maximum expiry details exists.
12. Payout of Maximum Percentage – Dependable brokers offer their clients maximum payout percentage. Search for trade option platforms that present between 75 to 91 percent payout and even the unsuccessful trades will generate about a 5 to 10 percent return to investors.
13. Multiple Languages – Global trading options makes it extremely beneficial to have multiple languages and therefore, the platforms are being presented to support the language spectrum as well.
Despite the trading platforms having a lot in common, their way of trading may differ in terms of bonuses, initial deposit, the maximum payout, their means of depositing and withdrawing money, time of trading and their customer service. You may also find trading platforms, which give back to the trader a certain percentage of their investment if they do not win the returns. Therefore, it is important to find out information about the trading platforms before deciding on the ones to use. Using a binary option robot is often also profitable.
Basics of Binary Option Trading
What Types of Assets Are Available?
Binary trading offers a wide variety of trading options including commodities, currency pairs, indices and stocks. With all of these options, you are not limited to one type of trading asset only, opening you to an exciting world of trading. You now have the ability to trade Apple stock, foreign currencies, gold or silver from the same trading platform. You have the option to trade internationally without having to go back and forth between various brokers.
The good thing is that many of these top brokers allow traders to utilize their trading platforms without any issues and offer a wide array of indices and stocks from both Asia and Europe. All of your trades can be basically done on the same site without having to switch between multiple screens and systems. Binary options brokers are essentially a one-stop site for all of your trading needs.
How Long Is the Average Trade?
When trading binary options, you need to keep in mind that every trade has a strict time frame that you need to adhere. They vary in length from 60 seconds or longer. You get to choose which time frame best fits your lifestyle. If you aren’t a fan of waiting around for productive trades, you can opt for 5 minute or even 60 seconds trading. If you have more patience, there are 60 minute trades or longer trading options available as well.
One of the important things to remember regarding expiry times is that they are able to be changed only until you have made a commitment to that particular trade. Once you have authorized a specific trade, you simply sit back and wait until it is completed. This differs from other types of financial trading in which you can sell your accumulated shares at any time. There are brokers that will let you sell your trade for a minimal refund. However this is a rare situation for those who are more experience at trading binary options.
Most Common Types of Binary Options
In binary options, there are three main kinds of trades.
1. The first is called the “call/put” option. In this type of trade, you simply need to predict whether the price of a particular asset will rise or fall by the expiry time.
2.“One-touch trades” are when you are issued a target price from the start of a trade. If your chosen asset reaches that set price during the expiry time, you will profit. This set price is determined by your specific broker well before you execute the trade so you will have time to do your research and prepare in advance.
3. The final of these three common trades is called the “boundary trade“. The broker will issue a variety of prices and you must determine if the price of the asset will remain in the given range or fall outside of the targeted range.
Each of these trades offers a few variations and some of the more exotic varieties of each often have substantial payouts as high as even 300% (depending upon your individual broker). An example of this is “one touch trades” that have an uncommon target rate. In order to achieve this type of payout, you need to opt for the option that is hardest to reach, in other words, you would need to predict that yes, and the far off price will in fact be the end result of the trade. These trades produce higher return as they are most often more difficult to achieve the correct result.
Which Binary Option Should I Choose?
It is up to you to ultimately determine which type of asset is best for you. You first need to evaluate your level of experience. Do you have experience with the Forex market and are looking for a new and more profitable way to trade? If this applies to you, you will easily be able to apply your strategies to the binary options market. Or does your expertise come from day trading? Are you looking to rid yourself of some of the risk involved in day trading? Then binary options can certainly benefit you as you have the ability to focus on those assets with which you are most familiar.
However, the factor that should ultimately drive your chose of trade is your personal trading goals. You should first determine your specific goals and then devise a plan to these goals. Say you want to make about a thousand dollars a week, then you need to decide which options will essentially help you reach this goal as well as which time frames will help achieve this set goal.
The answers to these questions vary for each trader. However, you should always go for quality trades, rather than quantity. Six successful daily trades will yield a higher routine than five losing and seven winning trades. Take the time to consider your options and the possible outcomes before placing your trades to end up with more profitable results.
List of Trusted and Regulated Binary Options Trading Brokers for 2016 -2017
There are definitely numerous of trusted binary brokers to choose from, but there are five, in particular, that are standing out from the rest due to the first class outcomes that they provide to their members.
First: plusoption Broker Best Trusted My Recommendation
PLUSOPTION WILL GUIDE YOU ON YOUR WAY TO SUCCESS:
- DEDICATED TEAM OF PROFESSIONALS.
- SUPPORT TEAM.
- UP TO 85% PROFIT IN INSTANT FASHION.
- SET TIME HORIZON.
- FAST, SIMPLE AND INTUITIVE PLATFORM.
- PREDETERMINED PROFIT SCALE.
Open a plusoption account – Join Now
- 24 Options
To 24 Option, your financial security is their main priority. They go the extra mile to ensure that you receive the security that you need in order to invest with confidence at all times. They are highly utilized by thousands of individuals on a daily basis. Their platform provides immediate execution that has real-time results, as well as other things. This platform was designed for all levels of traders.
Open a 24 Options account – Join Now
Banc de Binary
With Banc de Binary, everything works very facile. All you have to do is register . . . and guess what? Just for doing so, you will receive a gift. Once you fund your trading account, you will instantly receive a bonus. You then predict the market direction and begin to earn. It is as simple as that.
Open a Demo account with Banc de Binary – Signup from Here
- 24Option Binary Option Trading
This option has one-click trading. It is a revolutionary platform that is taking the world by storm. Lighting fast trading is what it will feel like if you opt for Trade Thunder. They provide up to 100% bonus. And its available in USA and many countries my favorite broker!!
24Option Signup page – Click Here
This is a simple broker. You just have to choose an asset, make a prediction, and then you have to invest and trade. That is all there is to it. They provide the market data that you need, at all times.
With this option, you can utilize I follow and copy their top traders’ success. You can open a free account to begin seeing results. It is very simple to use. It has been referred to as one of the best binary options brokers.
Signup with QuickOption – Join Now
Other Trusted Binary Brokers Come When Avilable
As you can conclude, choosing a broker can be a piece of cake if you take the previously mentioned information into consideration when deciding which broker is the best option for your needs and wants. If you are choosing a different broker from my list then you should check my Binary Options Scam page and verify whether they are genuine or fraud!