Banc de Binary Broker Review ¦ Trustworthy Binary Broker South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

Banc De Binary Broker Review

Banc De Binary is one of the most famous binary options brokers in the industry. Banc De Binary is also a CySEC regulated broker. Their interface is very user-friendly and their support is outstanding. Our Banc De Binary review will show why this broker is also the winner of the Best Support Award by FBO in 2020 and the Best Regulated Broker 2020 Award. Find out more by reading our Banc De Binary review below that explains all about features, software, support and banking methods available with this broker.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

Banc De Binary Special features

This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!

Banc De Binary was among the first binary brokers to be licensed by CySEC. After this Banc De Binary no longer accept US customers. They offer 2,5% interest rate to customers depositing $50,000 or more. Besides earning interest, you will also get a personal, experienced broker to assist you. During the Banc de Binary review he gave us advice and taught us binary options strategies in order to make us a more successful trader.

Traders are eligible for a demo account if they make a deposit – an option we liked while doing the Banc de Binary Review. When writing this Banc De Binary review we tested the trading platform by making a real deposit. With a demo account, you receive 50,000 virtual cash so you are able to get familiar with trading binary options before risking your own funds. You can withdraw your deposit at any time as long as you do not accept a deposit bonus.

Banc De Binary offers three kinds of accounts, loyalty programs for customers:

Banc De Binary Bronze (from 250€)

  • Daily Banc De Binary Review of the market
  • Weekly Banc De Binary review of the market
  • webinar twice a month

Banc De Binary Silver (from 2500€)

  • Daily Banc De Binary Review of the market
  • Weekly Banc De Binary review of the market
  • trading event alerts
  • access to their luxurious store gift
  • direct contact to Banc De Binary Trading Expert for 10 days
  • 1 month signals

Banc De Binary Gold (from €5000)

  • Daily Banc De Binary Review of the market
  • Weekly Banc De Binary review of the market
  • trading alerts for significant events
  • luxury gifts
  • direct line to account manager
  • 3-month binary signals
  • Risk-free trades
  • one-on-one introductory session
  • money management plan

In our Banc de Binary review was found out how this broker has various promotions that will definitely surprise its clients. For example, besides regular promotions and bonuses, traders can also get numerous prizes.

  • Technology Bonus I (free iPad) – for a minimum deposit of $10,000 or equivalent of “new” funds must be made to the trading account. Required trading volume is $50,000.
  • Technology Bonus II (free MacBook) – for a minimum deposit of $20,000 or equivalent of “new” funds must be made to your trading account. Required trading volume is $100,000.
    $24 New Account Bonus For Mobile Application – available for everyone who downloads the mobile trading app. Minimum trading volume is x75, but in order to claim this bonus account has to be verified according to the T&C and deposit has to be made within 1 hour from registering.
  • Cash Bonus – special T&C may apply, depending on the deposit
  • Risk-free trades – promotion available only from time to time. Special T&C apply.

The trading volume required for most promotions is up to x50. Banc de Binary is CySEC regulated, wich obliges them to have traders’ approval before adding the bonus to the account. They have very detailed bonus policy, so make sure to read it before taking any decisions.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Become an IQ Option trader today

Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

Banc De Binary Trading software

Banc De Binary is using the Spot Option platform, which is impeccable and very easy to use. You will in a matter of minutes learn how to buy options of your choice in the markets you desire.

Besides the common binary options such as high/low options & touch / no touch options, Banc De Binary offers Option Builder that makes it possible to customize your trades. When you have learned the basics of binary trading and market analysis, the Option Builder allows you to set the exact expiry time and your own risk level. This is an important aspect we wanted to highlight in the Banc De Binary Review.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

If you believe that ‘gold’ will drop in five hours then you simply set the expiry time to five hours and click ‘put’. The Option Builder allows you to decide how much you want to risk in one trade. You can choose a 65% profit level and 20% insurance in order to protect your bankroll.

Our Banc De Binary review revealed that BDB offers binary options trading in all of the four major markets: currencies, stocks, commodities and indices. Banc De Binary offers more than 100 different trade assets.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Banc De Binary Support information

The support at Banc De Binary is top-notch and writing this Banc De Binary review was a very pleasant experience. You can get a hold of the support agent via mail, live chat, call-back and Skype. During the Banc De binary review never experienced having to wait more than a few minutes in the live chat and no problem remained unsolved.

When you make your first deposit a personal account manager will contact you. It shows that Banc De Binary wish to help you in your trading ventures.

It is possible to book 1 on 1 session with an agent on how to use the platform should you experience difficulties getting started. For the Banc De Binary review, we tried this and were positively surprised by the professional who helped us.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Master the markets with IQ Option

  • Get a FREE $10,000 demo account
  • Start trading with only $10
  • Invest with a licensed and regulated broker

With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today!

Between 74-89 % of retail investor accounts lose money when trading CFDs

Banc De Binary Payment Methods

Banc De Binary do not charge any fees on deposits & withdraws. Depositing is a very simple process and it only takes a few minutes before you can begin trading.

Banc De Binary requires notarized photo-ID that proves your identity and home address before you can withdraw. This is to comply with Americas Patriot Act from 26 October 2001. We are aware this might be annoying to honest citizens but it is to prevent fraud and secure a safe environment for online traders.

It took under an hour to get our documents verified for the Banc De Binary review. If you made a deposit via Moneybookers the withdrawal will go back to your Moneybookers account so please ignore the message saying that it will be processed as a ‘bank wire’.

Client accounts are segregated from the operation and held in trust accounts according to Banc De Binary. Overall it was a pleasant experience writing this Banc de Binary review and trading on the binary options platform.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

  • FREE $10,000 demo account
  • Award-winning trading platform
  • Licensed and regulated broker
Between 74-89 % of retail investor accounts lose money when trading CFDs

Banc De Binary articles

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Banc De Binary Review

Banc De Binary

Banc De Binary is a binary options broker which is present on the market from 2008. According to users’ Banc De Binary reviews, this is a trustworthy broker which is dedicated to providing customers with the best services and a large number of assets which they can choose from. The company operates in over 80 countries and has over 250.000 clients around the globe. Traders also get the latest news from the broker which enables them to plan their moves when it comes tot he investments. In this Banc de Binary review, we will take a look at the different services which this broker offers and how you can use them if you are a New Zealand trader, as well as we will explore the opinions that users have shared.

Banc De Binary Account

Types In order to start trading with Banc De Binary, you need to open an account first. Banc De Binary offers different types of accounts which clients can choose from in accordance to their needs and the amount of money they are willing to deposit. The broker offers three different standard accounts, two premium Lion accounts, and one exclusive account. Let’s take a look at each of the account separately:

The Bronze Account is the most basic account which Banc De Binary offers. A user can open one such account by depositing $250, which makes this account perfect for novices according to Banc De Binary reviews. With this type of account, you will receive an access to webinars twice a month, as well as daily market reviews.

The Silver Account at Banc De Binary is priced from $2500 to $5000. With this type of account you will receive the benefits of a Bronze Account, as well as trading alerts and access to luxury loyalty gift store. You will also be able to directly contact your account manager for 10 days and you will be receiving trading signals for one month.

The Gold Account at Banc De Binary is one of the more premium accounts offered by Banc De Binary. With this account, you will be able to receive a lot of different benefits such as the following:

  • Daily market reviews and financial research
  • Access to webinars twice a month
  • Trading alerts and event analysis
  • Luxury loyalty store gift
  • Direct line to your account manager
  • Trading signals from Trading Central
  • Bonus protected trades from account manager
  • Introductory private session with an analyst
  • Smart money management plan

The Gold Account at Banc De Binary is priced between $5000 and $10.000.

This Premium Account at Banc De Binary costs above $10.000 and up to $25.000. Being one of the more expensive accounts which the broker offers, the Premium Account comes with all of the benefits of the Gold Account, plus some other cool advantages, such as:

  • Bonus protected trades from account manager
  • Direct line to your account manager
  • Trading alerts and event analysis Introductory private session with an analyst
  • Smart money management plan
  • Analyst educational program
  • Luxury loyalty store gift
  • Expedited withdrawals
  • First access to all option contracts
  • Platinum Account

This type of account is an account for investors who like to play huge in the world of binary trading. In order to gain access to a Platinum Account, you would have to deposit at least $25.000. This type of account comes with all the benefits of the Premium Account, plus several others, namely:

  • Access to premium trade room
  • Invite to exclusive VIP events
  • Platform payouts 2-3% higher
  • Exclusive Accounts

The Exclusive Accounts at Banc De Binary are the absolute Jasks of all trades. This are Invitation Only accounts, meaning that not everyone can get a hold of one such account. The starting price point for the Exclusive Accounts is $100.000.

The trader also offers users the access to a demo account. The demo account will be very users who are novices and who would like to take a look around at the platform and how things work before getting into real trading. By registering for a demo account, users will get a sense of how real trading works and familiarize themselves with the platform and the trading options.

Customer Service

Banc De Binary offers users a steady and reliable customer service which they can contact if any doubt. The live chat options the first thing you will see on Banc De Binary Website. By initiating a live chat, you can talk to a representative of the company who will answer to all your questions. Also, the company offers live chat support via Skype, meaning that you can simply give them a call.

On Banc De Binary website, you can also find other contact information which you can use depending on your location. Just select the location and you will see the available means of contact.

According to what users said in their Banc De Binary reviews, the customer service is really a one you can rely on and get a fast reply. This is crucial in the world of binary trading – all of the queries need to be answered immediately so the investor does not lose any time or potentially – money.

Deposit and Withdrawal Methods

Banc De Binary offers users a great array of payment and withdrawal methods they can use depending on the location that they are in. Wire transfer is available for users from any country in the world, as well as credit cards which are processed via clearing agency. Also, the broker offers a lot of different alternative payment methods. For example, if you live in New Zealand, you can make deposits and withdrawals via Polinz.

Banc De Binary is a certified broker which is involved in Anti-money laundering policies in order to provide users with a safe experience. In order to withdraw money you would have to confirm your identity by submitting a copy of your ID, a copy of your credit card and a proof of residence.

Assets and Binary Options Types

Banc De Binary is a trusted and awarded broker due to the company’s efforts to offer clients with a steady customer service, a majority of assets, and a stable platform.

Traders who trade with Banc De Binary have the opportunity to trade with a number of different assets – 190 to be exact. The assets are divided into four different categories: commodities, indices, stocks, and currencies.

When it comes to the binary options types, Banc De Binary offers the famous Call/Put option, which according to Banc De Binary reviews, this is a favourite options for traders. The Call/Put option is a simple way of trading, where the user have to predict the price of a certain asset. To put it even in simpler words, the trader needs to guess whether the price of the asset will go up or down in comparison to the current price by the end of the expiry time. If the user guessed right, then it is a clear win situation.

Banc De Binary Trading Platform

Banc De Binary offers its users a stable and easy-to-use trading platform. The platform is easy to navigate through, and selecting and asset to invest in is very obvious. Banc De Binary also offers its users a mobile app which is available for iOS and Android. The app is user-friendly, and it offers users the same capabilities as the desktop version. User who are often on the move can enjoy trading in every environment, and the only thing they would need in order to do so is a stable internet connection, and of course, a smartphone or a tablet.

We can agree with many Banc De Binary reviews that this broker is definitely one of the best ones on the market. If you are looking to become a trader, the Banc De Binaryis definitely a broker you should consider. The customer service and the stable platform is what draws more and more customers to the platform. In order to make sure, be sure to check out the platform yourself and read more Banc De Binary reviews!

General Risk Warning! your capital may be at risk

20 Best Binary Options Brokers 2020

It is most likely that you have come across the term Binary Options while surfing the net, even if you don’t know what it means. Maybe someone told you, or you read somewhere that you could make impressive returns trading on binary options, and it sounded too good to be true. Maybe they said you could lose all your investment in a flash of a second, and got you scared to even try. There are many in similar circumstances with many questions about binary options lingering in their minds. Before we get to any aspects of Binary options, let explore what it is first, for the sake of anyone who is completely green to the concept.

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Binary options are a form of financial trading that involves a fixed amount of pay-off or nothing. That’s why it is called binary options anyway. It is either a 1/0 or Yes/No. There is no other option between. The trading is normally carried out online. The online trade is enabled by binary options traders. The trade involves a variety of instruments like fixed return options and digital options as forex, stocks and market interest rates. That explains why some people will tell you that you can quickly double your money, while others say you can lose it all. There is a lot of speculation among the masses about how binary options work. Many people have lost their hard-earned money because of lack of information. Before you get involved, it is prudent toe sure you understand all the risks involved. You should also work with a binary options broker that you can trust. There are many binary options brokers in the business.

We seek to bust the myths and present the facts as far as binary options and binary options brokers are concerned. There is a lot of misleading information circulating around. There are not many objective options broker reviews either. This is a review of some of the best binary options brokers. The review is essentially a binary options brokers list. The review will give you a deeper understanding of how they operate. The review seeks to arm you with relevant information before you get involved with binary options. Trading in binary options, otherwise known as hedging, can be a blessing or a curse to yourself depending on how you handle. We certainly seek to ensure it is never a curse. The review will explore various aspects of the binary options brokers such as

  • Trading platform
  • Minimum deposit
  • Maximum returns
  • Bonuses

The review will also explore the various laws and regulations governing binary options trading in various countries. It will also highlight a few dos and don’ts as far as binary options trading is concerned. We cannot promise that you make a lot of money after going through the review, but we can promise to show you how not to lose all your money. Tag along and let’s find out what binary options trading is really all about, and find binary options trading best brokers as well.. Below is a binary options broker list with some of their terms of engagement.

Note: Based on my experience, I personally recommend IQoption , ExpertOption & Olymp Trade but please read the full review to select the one that suits you especially from first 5.

Best Binary Options Brokers 2020 Comparison Table

Broker Min Deposit ($) Min Stake ($) Max Payout (%)
IQ Option 10 1 95 1st Choice
ExpertOption 50 1 95 2nd Choice
Olymp Trade 10 1 92 3rd Choice
HighLow 10 10 90
OptionRobot 100 5 85
Ayrex 25 5 85
CryptoRobot365 10 1 90
BinaryRobot365 10 1 95
Binary.com 250 5 85
Finmax 250 10 90
FXMasterBot 100 5 90
BinaryCent 250 10 95
BinaryMate 250 10 90
RaceOption 250 1 90
AutoMatedBinary 10 1 90
ZoomTrader 1000 10 83
HYoption 100 5 83
24Option 100 24 88
Binomo 10 1 90

Best Binary Options Brokers 2020

1) IQ Option

IQ Option is a Seychelles-based online trading platform launched in 2020. It has found a lot of favor in South Africa. It is one of the best binary option brokers in South Africa. They claim to be one of the fastest growing online trading platforms, with over 25 million members to date. Their services include forex trading, stock trading, and ETF trading. There are binary options brokers too. They have over 10 million digital options on which you can trade. You engage in the binary options trade by speculating on the global market currencies, indices, stocks, and commodities movement.

Trading Platform

IQ Option has a website and App on which you can trade. It depends on what you prefer or what is accessible to you. You go to the instruments menu and choose the asset you want to trade in. Each asset is assigned the current profit percentage. You then choose the duration that you want to explore the asset for. The end of the duration will be marked with a red line on the chart. The system will also set a deadline for making the selected trade. Then put up the value you want to trade and confirm using the call or put buttons. You have the option to sell the option before it expires. If you choose to wait until the end of the duration, you will get 95% profit if your prediction was correct or lose the investment if your predictions were wrong.

  • The minimum deposit on IQ Option is $10 for a real account or $3000 for a premium account
  • The minimum investment is $1
  • The maximum returns are 95% profit on your stake
  • IQ Option offers no bonuses.
  • IQ Option is certainly one of the best trading brokers.

2) Expertoption

Expertoption is a binary options broker with a global trading platform. The platform is available to people in over 150 countries across the world. Expertoption was launched in 2020, and it has 8,707,538 registered traders so far. Expertoption is an award-winning platform, having been recognized as an award-winning platform in the China Trading Expo Shenzhen, 6-7 May 2020. The broker offers up to 100 options of assets to trade with. Expertoption does not offer its services to residents of the following countries; USA, Canada, European Economic Area, Switzerland, New Zealand, Australia, Japan, North Korea, Puerto Rico, Sudan.

Trading Platform

Expertoption operates both website and app trading platforms. You can log in to your account on any platform you feel comfortable with. They offer a free demo account too, for novice traders to first test their knowledge before investing any money. The platform has an education center for green beginners too. There is a lot of educational material on the center that you can go through and get relevant insight pertaining to binary options trading. The platform is quite responsive, and it runs 24/7. It offers the following technical analysis tools.

  • Four chart types, eight indicators, trend lines
  • Social trading – this feature allows you to watch other people around the world closing deals, or to trade with your friends
  • The demo account gives you $10000 to try out with

The platform offers five types of trading accounts as follows;

  • Basic – this account is for people who prefer a light start. The minimum deposit for this account is $50
  • Silver – this account includes free consultations. Apparently, many people choose to start here. The minimum deposit is $500.
  • Gold – this account offers you more privileges features and smart investment tips. The minimum deposit for this account is $2500
  • Platinum – this account is regarded as the ultimate account for serious investors. The platform offers exclusive account management and their best expertise. The minimum deposit for the account is $5000.
  • Exclusive – this exclusive account is only an invited-persons only account. It is reserved for people with the highest returns. You can contact your account manager about it, that is if you already have a platinum account.

The maximum returns can go up to 95% profit on the invested amount.

3) Olymp Trade

Olymp Trade is a Cyprus-based online trading platform launched in 2020. The platform boasts of over 20000 traders in a day. It is currently registering a growth 7% in payouts every month, with last month’s payouts totaling to $ 7 969 557. Olymp trade is yet another incredible option for a beginner. It has very insightful educational resources for trading. It is one of the best binary options brokers in Nigeria.

Trading Platform

Olymp trade runs web, android and apple trading platforms. They offer a demo account that you can experiment with first before moving to a real account. It is one of the best binary options brokers with demo accounts. They offer 24/7 trading and over 60 assets that you can trade with. The trading platforms are quite responsive and self-explanatory. The process of setting up and completing a trade is quite simple. The platform also offers you trading signals from experienced VIP traders, to help you make profitable trades.

  • The minimum deposit is $10
  • The minimum investment is $1
  • The maximum returns are 92% profit on your stake

4) HighLow

HighLow is an Australian based binary options broker. A number of platforms won’t admit Australian traders. This is one of the best Australian binary options brokers. It is a great platform for those who like trading for short duration times. It is one of the best 60second binary options brokers. The platform prides itself in a wide range of binary options and some of the highest payouts. They have done over 200% profit on investment payouts. HighLow runs on the MarketsPulse trading platform. It does not accept trader from the US though.

Platform

HighLow has a web, Android, and iPhone Apps trading platforms. They offer a demo account for beginners with a $50 bonus upon sign-up. It is one of the best binary options brokers for beginners. It allows them to test their knowledge before putting in all their money. You select the instrument you want to trade from the top toolbar. It has the current market value indicated on it. You then set up the duration you want to trade for and confirm. There is an expiration duration line beyond which you cannot make any changes on the investment. Your speculations should not go out of the set high and low marks.

  • The minimum deposit is $10
  • The minimum investment is $1
  • The maximum returns are 90% profit on your stake
  • There is a bonus of $50 upon signup
  • HighLow is one of the best binary options brokers with low minimum deposit.

5) Optionrobot

Optionrobot is a high-risk high-return binary options trading robot service. If you are not shy of taking huge risks with high potential returns if all goes well, then Optionrobot the platform for you. The platform’s robots generate trading signals and execute the trade directly to your broker account. Optionrobot boasts of an 83% winning rate. That’s rather impressive. You might not want to stake money you cannot afford to lose on Optionrobot though.

Trading Platform

Joining Optionrobot is quite easy and straightforward. You just sign-up, make a deposit and set up your robot to start trading. Optionrobot features three trading systems. The systems have different risk levels. They are;

  • Classic System – this system has the lowest-risks, and the lowest potential income as well. It is considered the safest and secure. The prospects of making any substantial returns are quite slim though.
  • Martingale System – this system offers you the highest possible returns, but also the highest risks. If you get it right on this system, you’ll be smiling all day long. The risks of losing your money remain high though.
  • Fibonacci System – this is the most accurate system. It is a middle-ground between the two. It strikes the critical balance between returns and risks. You could lose money as much as you could win some.

The other important aspect of the Optionrobot is the trading indicators. These help you set up the robot. The robot monitors these indicators as long as it is active, and makes decisions based on the settings you provide. Optionrobot has six trading indicators that you can make use of. You can work with multiple indicators depending on your knowledge of them. All the indicators need to send a sell signal to the robot for it to sell though. They also need to all have a buy signal if the robot is to buy. The signals include;

6) Ayrex

Ayrex is yet another binary trading broker from Cyprus. Ayrex launched its platform in 2020. It is however not regulated by CySEC though. The company has applied for licensing from CySEC. The platform boasts of over 230000 subscribers to date. It also takes pride in some of the fastest trading speeds with 99.95% of its trades taking place in a mere 28ms. The platform allows direct or high low speculation on the trend of the asset you choose to trade with. Except for the being unlicensed Ayrex seems like the ultimate binary options trading broker.

Trading Platform

Ayrex has a very interactive and responsive website. They also operate Android and iPhone Apps. You can choose to log in to any of these platforms depending on which one works best for you. Ayrex offers several trading accounts. One of the accounts that stand out is the Islamic account. Ayrex has put up an account for Islamic people, that is in full compliance with sharia laws. Trading on Ayrex.com is easy and straightforward.

  • First, you register for a free account
  • You will have to verify your identity
  • You then make the minimum deposit of $25
  • Click the start trading button
  • Select the options you want to work with. Ayrex has a couple of options.
  • Choose the asset that you want to trade with
  • Speculate depending on the option you have chosen
  • Stake the amount you want so long as it within the minimum and maximum investment values
  • Confirm the trade before the deadline and wait for the results.

Ayrex may not be the best platform for beginners. There is not much learning material or guidance resources available. You need to know how to analyze the market and make correct predictions before you engage on the platform. Otherwise, you will be risking losing your capital. You can choose a demo account first before engaging on the real account so that you get to learn the ropes.

On the short-term direct speculations, Ayres pays up to 80% profits on the invested amount. The long-term or high-low speculations could attract a payout of up to 85% profits on the invested amount. Ayrex has frequent trade signals that have been proven to have a winning rate of 60%. That’s is not a winning rate you want to put your trust one if you are not experienced though, considering their payouts are a bit low. All factors considered, they are still one of the best binary options brokers 2020.

7) Cryptorobot365

Cryptorobot365 is yet another Seychelles-based binary trading broker. It mainly deals with cryptocurrencies. You can trade with Ethereum, Bitcoin, Monero, Litecoin or Ripple. The platform, unlike the others, is quite straightforward. You just buy the cryptocurrency of your choice under speculation that it will appreciate in price. The platform is an automatic platform. It monitors the trends in the cryptocurrency market and sells or buys cryptocurrency on your behalf to help you make profits.

Trading Platform

There is not much to learn about the Cryptorobot365 trading platform. They have web and app trading platforms. You can choose any depending on your preference. The platform needs you just to deposit the minimum amount, select the cryptocurrency you want to trade in, and activate the robot. It is one of the best binary options robots. This model is a great option for people without sufficient knowledge about cryptocurrencies. Keep in mind that you could lose the money too. The platform has a demo account that you can use to try out first before you invest your money.

  • The minimum deposit is $250
  • The maximum returns are dependent on the margins of the sales made

8) BinaryRobot365

Binaryrobot365 is yet another robot based binary options broker. Instead of you monitoring the markets, yet set the ideal market conditions and let the robot make the trade when it detects them. Binaryrobot365 claims to register up to 90% win-rate among it traders. It is a great platform for novice traders to try their hand in binary trading. Binaryrobot365 is one of the best binary options brokers in India.

Trading Platform

Binaryrobot365 operates web and app platforms. You just sign up for an account, choose a binary robot service provider and switch on the auto-trade function. It is important to note that the binary robot you choose is a central determinant of whether you are going to make money or not. Make sure the service provider you settle for can be trusted. The robots are technically developed and are based on empirical data. Some of the market factors are non-quantifiable though. Therefore, the robots cannot guarantee you returns.

  • The minimum deposit is $100
  • The maximum returns are dependent on the broker you choose. The returns range between 85% and 90% profit on your investment.

9) Binary.com

Binary.com is a UK-based binary trading broker. It has been licensed by and is under the regulation of the British Isles, Malta, Ireland and the UK. It is one of the most transparent binary options brokers uk. It has made declarations of owning the company, and it is in charge of the market operations. The platform brings together aspects of gambling and binary trading. Its services include FX margins, Crypto trading via MT5 and CFDs. Binary.com offers you over 100 instruments to trade with. Binary.com also offers you interactive webinars, daily market reports and eBooks and videos for learning, all for free.

Trading Platform

Binary.com operates a website and Android and iPhone Apps. You can log in to your account on any platform of your choice. The platform also offers you the option to trade on a virtual account before you move to a real account. Newbies to binary trading can take advantage of the virtual platform and learn the ropes. The platforms run 24/7 all year long. They have interactive and easy to understand charts to help you follow the market trends. The platforms are quite responsive too.

The minimum deposit for a bank transfer or by bank card is $10. Those with e-wallets can deposit as little as $5. You start trading by choosing an instrument to trade with and setting aside a trading duration. You have to have to complete the trade before the expiry time.

The return percentages are not fixed. They vary from time to time. You need to have more than 25 turnovers so that you can have a withdrawable amount. Binary.com also pays a 1.5% payout commission.

The bonuses are not fixed either. You can get two types of bonuses. There is the deposit bonus and the free bonus. You get the deposit bonus one you deposit money above a certain amount. The free bonus is given as per the results of your trades.

10) Finmax

Finmax is a Bulgaria-based binary options broker. The platform was launched in 2020 and boasts of a team of financial market professionals who help people around the work trade in binary options. The platform does not admit US traders though. Finmax has a couple of awards under its belt. They are an indication of its prowess as far as binary trading is concerned. Finmax also offers some of the shorted trade durations. You can set the trade to last for as little as 30 seconds. You can also set long durations. They can be as long as six months, depending on your speculations.

Trading Platform

The trading platform allows an easy sign-up process. It has a lot of educational materials. You have access to eBooks, videos and live webinars from the financial market professionals. Finmax also offers a free demo account that you can use to familiarize yourself with the account. Finmax offers five types of real trader accounts. They are;

  • Bronze – this trader account has a minimum deposit of $250 and full access to all the features. It also attracts up to 25% bonuses and as well as a payout of 75% more than assets.
  • Silver- this account requires a minimum deposit of $1000. It features risk-free trading for up to 25% of your deposit and up to 50% bonuses.
  • Gold- this gold account requires a deposit of $5000. It features +2% of return per each trade and up to 100% in bonuses
  • Platinum – this account requires a minimum deposit of $25000. It features +4% of return per each trade and up to 100% in bonuses
  • VIP – this account requires a minimum deposit of $100000. It features +6% of return per each trade and up to 100% in bonuses

The accounts’ privileges rise with the account’s rank. The high ranked accounts have a lot more privileges.

Trading on the platform once you have the account is easy and straightforward. You choose the asset you want to trade in. You then choose the above and below points. These are the high and low points you are speculating the asset to remain within. You then choose the expiry time and complete the trade before the deadline.

Finmax offers up to 90% profits on the invested amounts. These are some of the highest binary trading revenues you can get.

11) FXMasterBot

FXMasterbot is yet another binary trading robot. It offers 17 forex pairs and five cryptocurrencies to trade with. FXMasterbot claims the platform made by a team of financial analytics professionals. It delivers trading signals after every minute. The system just like many robots, allows you to connect to your broker’s platform.

Trading Platform

Engaging in FXMasterbot is quite simple. You just need to sign-up for an account, then fund your broker’s accounts and set-up the robot and activate it. The robot will trade according to the delivered signals. Unfortunately, the information available about the operation and payout of FXMasterbot is quite scanty.

You can log in into your account using the browser platform or the Apps, either Android or Apple depending on your preferences. It is not prudent to invest on a platform whose results you don’t know and have no way of finding out though. There have been various complaints from traders who have used the platform.

12) Binarycent

Binarycent is a forex CFD trading platform. You trade in binary options with forex as the asset. Binarycent has one of the lowest minimum investment amounts. You can invest as little as 10 cents on Binarycent. Binarycent works just like a majority of the other binary options brokers.

Trading Platform

Binarycent offers three types of accounts depending on the starting capital you have. They are;

  • Bronze – this is the lowest caliber trading account on Binarycent. The minimum deposit required is the $250. The account features 24/7 live video support, I hour withdrawals, 20% bonus, and a copy trading tool.
  • Silver – The minimum deposit for this account is $1000. The account features all the privileges on the bronze account, plus 50% bonus, master class training, and first three risk-free trades.
  • Gold – this is the highest caliber account requiring a minimum deposit of $3000. It features all the features in the silver account, plus 100% bonus, and a personal success manager.

Binarycent also offers a demo account for novice traders. You need to have a certain level of knowledge before you decide to engage in the platform though. Once you have one of these accounts, you can go ahead and choose an asset to trade with. Set up the duration and put up your stake.

Binarycent has maximum revenues of up to 95% profit on the staked amount. You can access the platform through your windows or mac browser, as well as through an Android or Apple App. Their methods of funding the account and withdrawing are quite simple. Unfortunately, the platform offers no trade signals. Your trade is solely based on your analysis and speculation, unless you have the Gold account. You can get some advice from your success manager. Either way, the decisions are still all yours. The manager can only give pointers.

13) Binarymate

Binarymate is a UK-based binary options broker. The UK has strict regulations for binary options trading. Binarymate is registered in the UK, and it accepts US traders too. It is one of the most reliable and secure binary options trading platforms. It is actually one of the most trusted binary options brokers. Binarymate offers more than 100 assets to trade with. It boasts of 5372 trading accounts in the system and $ 3452175 worth of trading volume in the last month. The platform also offers a lot of training and educational materials that newbies can take advantage of.

Trading Platform

Binarymate operates a proprietary website, but they don’t have either android and iPhone Apps. You can conveniently access the platform from any device of your choice. The platform is quite easy to sign-up to. They have three types of accounts, each with a minimum deposit. The perks of having an account with Binarymate include;

  • 24/7 live video support
  • 1-hour withdrawal processing time
  • Secure trading and data protection

The accounts are;

  • Bronze- the bronze package features a minimum deposit of $250. You will also get a 20% bonus on your deposit.
  • Silver- this account requires a minimum deposit of $1000. It also comes with a 50% bonus
  • Gold- this is the highest caliber account. It requires a minimum deposit of $3000. It allows you to choose between a bonus of $250 or risk-free trades.

Binarymate offers stellar customer care support and through their live chat video agents. The agents are available 24/7. It is the best binary options brokers with low minimum deposit uk.

You have the option to start with a demo account if you are a novice to binary trading. You do not have to invest your money before you have learned the ropes and risk losing it. Binarymate is one of the few offshore binary options brokers US. It also one of the best binary options brokers usa.

  • Minimum deposit: $250
  • Maximum returns: 90%
  • Bonuses: up to $250, risk-free trades

14) Raceoption

Raceoption is yet another highly rated binary options broker. Raceoption is UK-based and is subject to the UK’s strict laws and regulations. The brokerage was launched in 2020, and it has one of the friendliest platforms. Raceoption accepts traders from all over the world, including those from the US. The platform boasts of average trader earnings of 1217 per month. It has 1570 traders as at the moment and more than $1.9 million in trader earnings per month.

Trading Platform

Raceoption operates a user-friendly proprietary website and an App on both Android and Apple platforms. Raceoption offers three types of accounts. You can sign-up for any one of them depending on the starting capital that you have. The platform offers you over 100 assets that you can trade in. Trading on the platform is quite easy and straightforward too. Below are some general steps;

  • You first select the asset you want to trade in on the drop-down menu.
  • Choose your preferred expiry time
  • Choose the amount you want to invest
  • Confirm the trade before the deadline allowed
  • You will profit with a fixed amount if it turns out you were right.

Raceoption has the signature three accounts. They are;

  • Bronze- this account requires a minimum deposit of $250. It features a bonus of 20%, 24/7 live support, I hour withdrawal, demo account and copy trading tool.
  • Silver– this account requires a minimum deposit of $1000. It has all the features in the bronze account, plus 50% bonuses, a master class training, first 3 risk-free trades and an individual account manager.
  • Gold- this is the ultimate account on Raceoption. It requires a minimum deposit of $3000. It has all the features in the silver account, plus integrated technical analysis, and up to 100% in bonuses.

Raceoption has a wide range of funding and withdrawal methods. You can choose one that suits your convenience. Raceoption has up to 90% payout profits. These are some of the highest payouts in the industry. Many brokers do not admit USA traders. Raceoption is the best binary options brokers for USA traders. It is one of the best us regulated binary options brokers.

15) AutoMatedBinary

Automatedbinary is a binary options trading robot. It is a great service for novice binary traders and veterans as well. It allows you to work with several binary options brokers. You can connect your robot account with several binary options brokers too. Automatedbinary offers you three robots plans depending on the level of risk you are willing to take. Keep in mind that high-risk options mean you can easily lose the money, but you will get a pretty sum if you turn out to be right. Low-risk options may not have high returns even if you are right.

Trading Platform

Automatedbinary runs a proprietary website and an App on both iPhone and Android platforms. Engaging on the platform is quite simple. You just sign up, choose the broker you want to work with, and fund the broker account. Keep in mind that the payouts and bonuses you get are dependent on the broker you choose. The brokers have different accounts on offer depending on the amount you can deposit as the minimum deposit.

You then embark on setting up the robot. Choose the risk plan you are willing to work with. Automatedbinary offers three risk plans. They include;

  • Safe classic – this is a basic low-risk plan. It is a great place for novice traders to begin so that they have time to study the trends before possibly losing a lot. You can set the trade amounts to be anywhere between $5 and $500.
  • Compound martingale – this is a high-risk plan. It is mainly used by casino gamblers. This plan is better for a veteran who has studied the trends for a while and knows what to do when. You can easily lose the money on this plan, but you will be smiling all day long if you turn out right.
  • Accurate Fibonacci – this plan is a middle ground between the latter two. Many traders choose this plan. It represents reasonable risk levels and impressive returns when your speculations are on point. You could still lose though.

The next part of setting up the robot is the match indicators. The indicators are the prompts that tell the robot when to buy or sell. Automatedbinary offers six indicators. You can choose one that you are comfortable with, or multiple if you know how to work with them. Keep in mind that the indicators must send identical prompts for the robot to execute any trade. If you are using two indicators, both indicators might signal to buy for the robot to sell. It applies the same if you are using six of them. More indicators reduce the risk involved in the trade. However, you might end up with zero or very little returns if you combine too many indicators. Automatedbinary works with the following indicators.

  • TREND indicator
  • CCI indicator
  • RSI indicator
  • Williams indicator
  • Stoch indicator
  • MACD indicator.

16) ZoomTrader

Zoomtrader is a Belgium-based binary options trader. Just like many others, it offers the opportunity to trade in stocks, forex pairs, and commodity movement. Zoomtrader has a very interactive platform. However, the platform has no information about its previous trades or revenues generated. That is always a red flag.

Trading Platform

Just like all the others, Zoomtrader offers web and mobile trading platforms. It features three types of trading accounts. The accounts are as follows;

  • Bronze – this account requires a minimum deposit of $1000. It has one trading strategy, weekly market reviews, and an introductory video course.
  • Silver – this account requires a minimum deposit of $5000. It features two trading strategies, daily and weekly market reviews, introductory and advanced video course.
  • Gold – this account requires a minimum deposit of $100000. It features five trading strategies, daily and weekly market reviews, introductory and advanced video course, individual account manager, weekly one-on-one trading sessions and same day withdrawals.

ZoomTrader features payouts of up to 83% profit on investment and bonuses of up to 100% on the first deposit.

17) HyOption

Hyoption is a binary options broker that is licensed by CySEC. It is owned by a company called HYCM based in Cyprus. Hyoption just like many other brokers allows you to trade in binary options using various assets. It offers up to 100 assets that you can trade with. Hyoption does not offer much information regarding how many subscribers they have on the platform, or the revenues collected. Their trading platform has similar features as many other brokers that we have reviewed.

Trading Platform

The Hyoption trading platform is user-friendly and features most of the basic features we have become accustomed to. They operate both proprietary webs and Apps on both Android and iPhone. The system allows you to choose an asset of your choice and speculate on its trend over a preferred period of time. Hyoption have a wide range of options with regard to time. The options range from 30 seconds options to 1-month options.

Hyoption has a very straightforward and easy to use the account. The minimum deposit for a Hyoption account is $100. The minimum investment amount is $5. It offers maximum payouts of up to 83% profit on the invested amount. Hyoption offers bonuses of up to $10000 for new traders. The bonuses are subject to terms and conditions regarding their withdrawal though.

18) 24option

24option is an online trading platform based in Belize City, Belize. It has been around since 2020, and it is one of the most stable and reliable trading platforms. It is under the rules and regulations of CySEC (we are going to talk about this later on in the review). 24optios’s binary trading is enabled by a third-party entity named TechFinancials trading platform. 24option does not accept traders from the US and Australia.

Trading Platform

24option has a website and Apps on both play store and Apple store. Once on the platform, you choose the CFD (contract for difference) you want to trade with on the upper toolbar. There is a filter to control the CFDs you want to see. The platform features indices, forex, stock, and commodities. Next is to choose the direction in which you want to invest. There are numbers in the Buy/Sell buttons that indicate the points required to pass for a successful trade. You trade has to be higher than the number indicated in the buttons. Then choose the duration for which you want to trade and confirm. The graph will show you the progress of your trade. Green means your speculation is positive while red means they are negative.

  • The minimum deposit on 24option is $250
  • The minimum investment is $24
  • The maximum returns are 88% profit on your stake
  • There are bonuses of up to 100%
  • Regardless of a high minimum deposit 24option has already carved a name for itself as one the best option trading brokers.

19) Binomo

Binomo is yet another Seychelles-based binary options broker that has been in operation since 2020. It has been providing brokerage services for Russians. Binomo is registered and regulated by the EU. Binomo prides itself on unique and affords trading conditions. It is hailed as one of the safest and most reliable binary trading platforms in the industry. It is a great platform for binary trading newbies too. It has a wide range of training resources.

Trading Platform

In 2020 Binomo had the best trading platform. It still has one of the best trading platforms today. When the platform was launched in 2020, it shook the market and won Binomo a huge chunk of the market. Binomo offers up to 80 assets that you can trade with. The assets include some of the worlds largest companies. Binomo offers four types of accounts each with different privileges depending on the minimum deposit. The accounts are;

  • Demo account– this account is meant for novice traders to experiment before they start staking actual money.
  • Standard account– the minimum deposit for a standard account it as low as $10. This account allows you access to the real market and analytical support. You can also take part in tournaments and special offers. This account has payouts of up to 83% profits on the staked amount.
  • Gold account– this account has a minimum deposit of $500. The privileges of this account include an expanded list for trading assets, a personal manager, bonus funds and 5% refund on losses. This account has payouts of up to 86 % profits on the staked amount.
  • VIP account – this account attracts a minimum deposit of $1000. It is accompanied by privileges such as 10% refund on losses, the widest choice of assets, personal manager accessible on skype, and 4 hours withdrawals. This account has maximum payouts of up to 90% profits on the staked amount.

Best Binary Options Broker Selection Guide

The reviews above are meant to give you insight about how binary options trading works and the various brokers involved. Our aim is to ensure you have a blissful and profitable trading experience. It would be unfortunate for you to invest your hard-earned cash into a certain platform, only to lose it all. Before you settle on any of the brokers, there are a few common factors you are supposed to consider. The factors are;

Licensing and Regulation

The binary options brokers are supposed to be licensed for operation by the relevant authorities. They should be operating under the regulation of these authorities. The regulation is always in place to ensure you are protected from scams. If you are not a financial analysis professional, it would be difficult to tell whether the market trends being displayed on the charts are real. The regulation is meant to ensure the brokers do not take advantage of the naivety of some traders. Regardless of any reviews you might have seen about various brokers, ensure the broker you choose to trade with is licensed and under regulations. For instance, CYSEC is one of the most respected regulation bodies. It regulates brokers based in Cyprus. It might be challenging to best binary options brokers for us traders because of USA’s tight regualtions.

Minimum Deposit

Ultimately, you can only invest the amount that you have. Take time to explore the various binary options brokers whose minimum deposits you can meet. Fortunately, many of the brokers have broken down their services into various packages for people with different financial capabilities. Check relevant reviews to find out which of the brokers whose minimum deposit you can meet is best for you. They are a number of brokers with very minute minimum deposits.

Maximum Payouts

Different brokers offer different percentages of payouts. Obviously, everyone would want the broker with the highest payouts. Compare the payout and other factors such as customer support, market signals and tips, educational materials, and others. This will help you judge how fair the payouts the broker is offering are.

Conclusion

The reviews and guide above should help you choose your best-suiter binary options broker. We sincerely hope this review can help you trade in binary options profitably. The review has some of the top binary options brokers. You should be able to get a great binary options broker. Happy trading!

Get to Know a Broker: Banc De Binary

ForexNewsNow sat down with Banc de Binary CEO Oren Laurent on Tuesday to ask him some questions about his private options brokerage in another installment of “Get to Know a Broker.”

We asked Oren some questions about online binary options trading, the US economic recovery, the price of Gold and more.

Here is the full interview:

Hi Oren, thanks for taking the time to meet with us today.

Can you tell us about when and why you decided to launch Banc de Binary?

Banc De Binary was founded in mid-2009 following the major financial crisis of the last decade. I could see that following the SEC’s decision to approve the listing of binary options, that this less risky form of trading would enter a huge period of growth. My vision was for a new kind of bank focused on high quality binary options trading services and solutions targeting the experienced and seasoned trading professional.

When did you first hear about binary options trading?

I was aware of Binary Options trading for a number of years, but what really caught my attention was when the SEC approved the listing of binary options in early 2008.

Which underlying asset class is the most traded at Banc de Binary: Forex, Commodities, Stock, Indices?

Forex has dominated most of our short-term assets, while Indices are more commonly traded as longer term options.

Which asset is the most traded besides EUR/USD?

Besides the EUR/USD, the USD/JPY and the EUR/JPY are the next most commonly traded assets in Forex. Gold and Oil are the most commonly traded commodities. Apple and Google are some of our most hotly traded stocks and the Dow, NASDAQ, and S&P 500 are our most commonly traded Indices.

What’s in store for the future of Banc de Binary?

Looking to the future, Banc De Binary will drive the unprecedented growth that will take place in the Binary Options trading market, which will rival today’s Forex Trading market. Banc De Binary will continue to innovate new technologies, expand our range of tradable assets, and push for future industry regulation.

How do you think online binary options trading will change in the next 5 years?

While it is very hard to predict the future of Binary Options trading, a few things are certain. Binary Options trading will become increasingly regulated and the range of tradable assets will increase. Most importantly the amount of money invested through Binary Options trading will increase dramatically.

Why should traders feel comfortable putting large sums of money in the hands of Banc de Binary brokers?

Banc De Binary’s brokers are the best in the industry. Our stringent recruitment process enables us to ensure that Banc De Binary’s brokers are of the highest caliber. We provide them with the best technologies and analytical tools available to ensure that their split second decisions are as accurate as possible. In addition, your money is actually in your hands. You choose the options. Our expert team of Brokers is here simply to advise and assist inexperienced traders.

What would you say to a trader who is debating whether or not to start trading binaries?

Traders who are not sure about whether to invest in Binary Options should consider that Binary Options trading allows you a high level of control over your portfolio. It is the one form of trading that allows you to minimize and set your own levels of risk. In addition, traders are able to do better than “guess” by using the analytical tools at their disposal directly in the trading platform.

What’s your outlook for the US economic recovery? What do you predict for the NonFarm Payrolls next month – will it be another 0?

The outlook for the US recovery looks rather bleak for the time being as H1 growth is looking very weak and H2 growth is projected to be much lower than originally expected. The US economy is edging closer and closer to a recession, while QE3 seems completely unavoidable. Our prediction for the NonFarm Payrolls next month is that there will not much of a change, since the US economy has basically come to a stand-still.

How much higher do you think the price of Gold will rise? Is it currently overvalued?

Gold’s remarkable rise in price is being caused by fears of the US and Europe’s inability to cope with their debts, driving consumers to choose the Swiss Franc and the Japanese Yen as “safe-haven” currencies. However, Switzerland and Japan do not want this, because as their currencies become stronger, their export costs are driven higher. For this reason, many consumers are turning to Gold as a safe alternative. While Gold’s rise seems to be reaching a peak, what many consumers forget is that Gold’s rise has not yet reached the current record, set in 1980 at $1952/ounce, and until the debt crises in the US and Europe are resolved, there is no reason for Gold to go down.

Excellent, well thanks again for your time and good luck in your future endeavors.

Thank you, good luck to you too.

Oren Laurent is the CEO of Banc de Binary, a privately-held online options brokerage that offers over-the-counter digital options trading.

Here is a link to a brochure with more information about Banc de Binary for those interested in their services.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

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