The Best Binary Options Broker 2020!
Perfect For Beginners!
Free Demo Account!
Free Trading Education!
7 Binary Options
We have found out that Optiontime has shut down their operations.
We recommend choosing one of our top binary option brokers instead:
|Min. Invest||Min. Deposit||Max. Returns|
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|Min. Invest||Min. Deposit||Max. Returns|
Try also Binary Option Robot if you are looking for automated binary trading.
Optiontime is a perfect online binary options trading solution for traders of all levels. Its objective is to make online trading accessible to everyone including new traders, so whether you are new or experienced binary options trader, Optiontime will suit your needs. It has up to 180 popular assets, high payouts and an assortment of trading products.
Optiontime offers binary option traders an online platform in which they can use to get high returns. It has a lucrative welcome bonus and three types of accounts to meet customer needs. It trades in more than 180 assets, easy deposit, and withdrawal systems. All these make Optiontime one of the best binary options trading platform among binary option brokers, so it is easy to recommend this platform for all traders.
Online since: 2020
– $200 minimum deposit
– No demo account
7 Binary Options Rating:
We found that the welcoming bonus offered by OptionTime is not only a nice incentive to newcomers but an additional bout of motivation for those who are uncertain about the gains of binary options trading. The bonus varies and depends on the account chosen by the trader but offers up to $2500. This is a primary opportunity to trade at higher stakes and make more while trading.
The payout max for this platform is a quality level (85%) of the standard and it relies upon the returns of individual trades.
Types of accounts
The options for accounts with OptionTime consist of an impressive list that compliments the trade abilities of beginners and advanced traders. There are three various types of accounts for traders to choose from when deciding to trade in the binary options using this platform.
OptionTime asset advantage is specifically designed with the traders in mind. Their trade assets include commodities, stocks, indices and currencies. All of the major currencies are included and some of the commodities used for trade are Crude oil, Silver and Gold. The Indices include Dow Jones and some of the most superior stocks such as Apple, Google and Microsoft.
Best Binary Options Brokers 2020:
Deposit methods and withdrawals
Our review is further substantiated with the available withdrawal and deposit options offered by OptionTime. They accept a wide variety of payment options such as debit cards, Web money, Skrill, bank transfer and credit cards as well.
Withdrawals are directed towards the initial deposit means and the approval pends for up to 48 hours depending on the account type. The My Account tab is where withdrawals are made on the Withdraw funds portal. This is completed by indicating the amount of funds to be withdrawn.
OptionTime has once again perfected another area in their customer service sector. This is a crucial aspect for traders especially those trading for the first time or with many doubts or concerns. This department can help to answer many questions and alleviate any trading issues that may be associated with the client’s activity. This is a crucial aspect in any binary options trading platform and OptionTime works to make their customer service superior.
During our detailed review of OptionTime we found them to be a leading example of secure trading and customer service. The convenience in use of the broker platform and the user friendly website are magnets for anyone eager to trade successfully.
Their website is filled with useful information and their platform is of the highest quality and fully regulated, strategically executed and licensed. This is a fully comprehensible and straightforward trading option for those interested in outstanding trading tools that generate positive returns on the investment and a comfortable trading environment, just like Banc de Binary and Binary Option Robot automated trading software that offers also binary option signals.
Customer Service: English / Live Chat / Email: [email protected] / Phone: +44-80-0170-0046
What are binary options
A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It’s called ‘binary’ because there can be only two outcomes – win or lose.
Advantages of binary options trading
Aside from the simplicity of its ‘yes or no’ proposition, binary options trading is also very flexible. It gives you the ability to trade:
Trade on underlying markets that include Forex, indices, commodities, and more.
Predict market movement using up/down, touch/no touch, and in/out trade types.
Take a short-term or long-term view with trade durations from 10 seconds to 365 days.
Earn payouts up to USD 50,000. Losses are limited to your initial stake and nothing more.
Why you should trade binary options with Binary.com
Enjoy an award-winning online trading platform with trading conditions that are ideal for new and experienced traders.
Award-winning online trading platform
All conditions and durations
Competitive and transparent pricing
Ideal for new and experienced traders
How to trade binary options
Binary options trading is relatively easy. You can purchase a contract in just three steps:
What are Binary Options? – Honest Review
Binary Options is a financial instrument to trade on long or short markets in a certain period of time. The Trader only got 2 options: Win a high amount of money (75% – 95%) or lose the investment amount for this trade. It is like betting on rising or falling markets. Binary Options are very flexible. It is possible to trade any financial market and use different time horizons (starting from 30 seconds).
Make a forecast for the future price direction
In this article, I will show you exactly what are Binary Options and how do they work. Knowledge is the key to success. Read about the risk and the opportunities to make money in the following text.
Where to trade Binary Options in 2020?
In the next steps, I will show you how Binary Options (Wikipedia article) work. You will understand it in a few moments. But first of all, where to trade Binary Options?
You will need a Binary Options Broker (see the table below). I searched after the safest companies which give the highest return for traders. There are different companies around the world who provide this financial service. You can open a free demo account. This is an account with virtual money so you can learn how to trade without risk.
|2. Olymp Trade||(4.8 / 5)
|3. Expert Option||(4.8 / 5)
Is Binary Options Trading safe or not?
Safety is the most important point in online investing. You should choose a good and reliable broker which is safe. I recommend using a regulated company for your investments. Have a look on my full Binary Options Broker Review to find the best one. There are regulated and unregulated companies for trading. It always depends on the broker to trade safely Binary Options.
I did a lot of research and clearly, I can say that a regulated broker does not cheat to its clients. Normally unregulated brokers do not cheat too. But it is not 100% safe because sometimes these are small and unknown companies.
It is safer to trade with a regulated broker than with an unregulated one.
In conclusion, you should use a regulated broker for trade Binary Options safely. It always depends on the Broker if it is safe or not. Do the research by yourself and read my review about the broker on this website.
Example of regulation or license
Safe and well-known regulators are:
What you really need to know about online platforms:
There is a huge diversity of Binary Options Platforms and you have to check out what is your personal favorite. Nowadays developed software is very flexible and available for any device. It is possible to trade with the computer (browser and desktop), smartphone and tablet. That means you can trade from everywhere around the world if you got access to the internet.
Especially for a beginner sometimes it is hard to learn to trade with a new platform. There are a bunch of options which can confuse you. Most brokers will give you education material like video tutorials or step to step guides. Also, you can ask the support for help by phone, chat or email.
A platform for any device
Flexibility and charting are provided by the platform. You can do a personal chart analysis with indicators, technical tools, and different chart types. Sometimes you will get access to economic news directly in the platform. Indicators are known for giving you feedback on the market price at the moment. They are customizable like you want. So it is possible to analyze different timeframes.
Today Mobile Trading is one of the most important factors for trade successfully. It is a great opportunity to boost your profit. In the past traders could not trade online or via mobile phone. So the options were much lower for making a profit. Apps are available for Android and iOS users or any other device. Check out your trading account 24 hours per day via your mobile phone.
In my opinion, it is better to use the web-based platform with your computer for analysis. Often there are a lot more functions than in the app. Furthermore, you can see the chart more detailed and a higher range of it. Professional analysis can be made by using a computer.
Binary Trading Tutorial | Step by Step Guide
As a trader, you can choose between a lot of different assets on a Binary Options Platform. You can trade Forex, Stocks, Commodities, Cryptocurrencies and more. This trading tutorial will show you how it exactly works to trade the financial product. The process is always the same as you see in the video and picture below. Just practice it in a free Demo Account.
Learn how to trade successfully
Now you have to imagine and predict the asset price direction for the future (forecast):
You can use the specially programmed trading platform of a Binary Options broker to analyze the charts and get trading ideas. It is very important to have a good working strategy for maximum profit. Beginners should use technical analysis for trading the chart. On the broker platform, you can learn more about it in different education videos/centers.
Therefore every Binary Option expires after a specified time. You can use the time horizon between 30 seconds or 5 months or more. Sometimes it depends on the broker. As you see you can trade short-term or longterm Binary Options.
After you have decided on the direction and the expiry time for your trade you can “sign” the contract with your broker. Just click the call or the put button. On some platforms, you have to confirm the trade.
If you are right in your decision, the broker will pay you a high asset profit of 75-95%. The trade automatically closes after the expiry time. Sometimes the broker allows you to close the trade before the expiry time ends. That is a way to reduce the impact of a wrong decision.
That means if you invest the amount of 100$, you can earn the amount of 195$ on a certain time horizon. 100$ is the return of your investment and 95$ is the profit.
Binary Options Platform Tutorial for beginners
What are the conditions Binary Options Trading?
You can trade any asset with Binary Options. It can be stocks, commodities, forex or cryptocurrencies! Most brokers give the option to trade more than 100 different assets. The expiration time depends on your broker. Some companies provide Binary Options with a time horizon of 30 seconds or less. These days you get a lot of different options on every broker.
Yield – The return of investment can be high as 95%+
As the time horizons, the yield (return of investment and profit) depends on the broker. Often there is a possibility to get a high payout of more than 90% of your investment but there is no rule for the value of the yields. Sometimes short-term trades got the highest payout and sometimes long-term trades got the highest payout. In comparison to my experience, the yield is between 70% and 95% for standard accounts.
Another way to boost the yield is to get a VIP account type. Most of the brokers offer different account types, which are linked to the deposit amount. For example, you will get a VIP account if you deposit more than 3000$ on IQ Option. Not every broker got the offer of account types but you should search for it if you plan to invest a high amount of money.
Are Binary Options risky or not?
Binary Options are risky to trade, but there are advantages why the risk is less than trading other financial products. Especially new traders fear the loss of a high amount of money. With binary trading, you can only lose your bet amount. Traders clearly see what they can lose in a trade. Compared to other trading instruments this is a big advantage because the risk is limited always.
Another advantage is that you get a high asset payoff no matter how much the market moves. The asset price just has to be above or under the entry point. Traders like this financial product because it is so easy to understand and to calculate the risk and the trade profit.
Only invest the money which you can afford to lose in the worst case.
Binary Options Demo Account – Yes or no?
It is very important for beginners and new traders to practice the Binary Options Trading. Most brokers give you a free demo account. It is an account with free virtual money. You can always recharge the account with one click. It is risk-free trading.
Every trader should learn more about the trading platform before he is going to invest real money. Also, you can learn new strategies or try out different methods on the market. First, develop your own strategy with virtual money.
Most brokers offer a free demo account.
Opening your first real account
For trading with real money, you have to fulfill different criteria. On most brokers, you can trade and deposit without verification of your account. In my opinion, every trader should verify his account before deposit money. This can prevent annoying errors and waiting times. For a full verification, you need to complete the account setup.
Sign in with your real personal data. That includes full name, birthday, real address, email, and your phone number. After that, sometimes you have to upload the required documents for the broker. The company checks if you are a real person. Upload a picture/copy of your Passport. Sometimes they require a utility bill too. In most cases, the verification only takes 24 hours or less. With some companies, you do not need this verification process.
How much money do I need for Binary Options Trading?
You can start trading with a very low amount of money. Especially on IQ Option, you can open a live account with a 10$ deposit. The minimum trade amount is 1$. The upper limit is open for your trades. Have a look at my reviews to find a broker which fulfill your requirements
From my experiences as a trader, it is possible to make a huge amount of money with the right strategy. Binary Options are the tool for trading with a small or big amount of money.
Facts about the deposit:
Easy deposit and withdrawal
As mentioned before the deposit is easy as the withdrawal of profits. On most brokers, there are not any fees for deposit and withdrawal money. For payments, you can use more than 20 different methods. It is possible to capitalize on the trading account in a few seconds. In most cases the payout takes the time of 24 hours depends on your broker.
Payment methods are depending on the broker:
Get a free Bonus for your deposit
The most brokers offer a free bonus for your deposit or risk-free trades. The bonus amount depends on the deposit amount. It can be a 20%,30%,50% or 100% bonus. In other words, they give you a higher bonus for a higher deposit. Furthermore, some brokers allow trading risk-free trades. If you lose a trade, the broker pays back the lost money in the form of a bonus.
The bonus is not completely free. Sometimes traders have to trade a high turnover of the bonus. For example, make a turnover of 30x of the bonus to get the bonus withdrawn. If you are not satisfied with the conditions in most cases you can deactivate the bonus. A bonus is a good opportunity to grow a bigger account and trade with more money.
Get a free bonus now
Can you really make money with trading Binary Options?
The key to your success is to get a good education and find a professional strategy. In addition, you have to control the risk with sensible money management. In this article, I showed you an insight into profitable trading with Binary Options.
It is easy to make money with Binary Options but you have to be prepared. The markets are not easy to trade for beginners and it takes time to trade profitably. You will not see success directly. From my experience educated traders do not blow up the account. They earn money constantly. Read through my other pages to get deeper knowledge.
In conclusion, you can really make money with trading Binary Options but you have to learn and invest your time in the right knowledge. The demo account is the best way to practice before you start investing real money.
Are Binary Options legit or not? – My scam review
In my opinion, Binary Options are not a scam for your money. The financial product gives you the possibility to invest in short or longterm opportunities in the market. Binary Options are so popular because they are so easy to understand and you can make a lot of money in a short time.
It is very important to choose a good broker. Some small brokers are scamming users, that’s why a lot of people think Binary Options are a scam. Definitely, it is not a scam if you trade with a safe company.
Basic trading checklist for beginners:
On this site, I have shown you how the financial product is working. I think you can easily understand it now and start trading with more security. On my other sites, you can learn more about Binary Options. Happy trading.
How to avoid scams as beginner
The problem of Binary Options is that they are not a scam, but some brokers or financial educators are scammers. Every time before you start investing real money you should do a sort of research. You should pay attention to real reviews or advice from professional traders.
Binary Options Robot review 2020
There are many reasons why we think Binary Options Robot is the best software for binary trading. In this review, we will go through all the features that are offered and provide valuable information that will help traders trade with this auto software. This binary robot has also introduced the VIP account with special and unique tools that additionally improve trader’s portfolio.
Binary Options Robot Software – Special Technical Information
First of all, it is important to say that Binary Options Robot offers its services for free. Traders are welcome to register with Robot and choose a broker from their choice. Binary Options Robot traders can use Robot services free of charge, without any hidden or additional fees. Traders can trade with top brokers: BinaryOnline S, PlusOption, 10Markets, OptionStars, Stern Options, TraderVC, BinaryCM, CTOption, Lionexo, Prestige Option, 24Option S.
Check other guides that might interest you:
Binary Options Robot is using the next generation web-based technology that uses API connection and connects brokers with Robot backend. API technology represents the finest and most accurate technology that enables fast information performance. In binary options, everything is about time, and to be successful in binary trading, the system must provide the fast possible software.
Traders can use Binary Options Robot from any device that has an internet connection. The software is web based and it allows easier access to user’s portfolio.
The Robot will trade only when it is connected to the internet. This additionally protects trader’s investment and prevents Robot from trading when the trader is not present.
Binary Options Robot enables multiple assets assortment and it provides a very practical way to track all trades and brokers on the trading platform. Traders that use Binary Options Robot platform have the choice to trade both manually and automatically.
As a 100% controlled auto trading software, Binary Options Robot provides traders a unique benefit that considerably empowers their trading strategies. This one-of-a-kind trading perk is only available to Binary Options Robot traders. Auto Trade Approval is a type of a pop-up window that gives traders the control over their investment choices. When the Robot scans the market and finds an optimal trade, it sends the information to the trading dashboard.
This information pops up as the Auto Trade Approval. It contains details about the offered trade. Traders can see the asset, investment value, a suggested call or put option, and expiry time for accepting the trade. This benefit allows traders to accept or decline every single trade that pops up on the display. Traders have the final say with Auto Trade Approval.
Binary Options Robot – Trading Features for Better Performance
This software perfectly fits any basic trader that has just started trading binary options. Trading with binary Options Robot doesn’t demand knowledge about trading strategies, although it is helpful when a trader knows and learns about binary tactics. Besides it is excellent for beginners, this software can also be a perfect choice for experienced traders that like to place trades with more brokers.
Are you a beginner? Read more about Binary Options Robot for beginners
One of the advantages we want to point out is that Robot enables trading with more brokers at the same time from one trading platform. This amazing feature will help traders manage their trading plan and track their trades easily. This means there is no need to open more trading accounts with the Robot because it is networked from the same trading platform.
There are over 50 available assets that can be chosen to trade with. Binary Options Robot offers a wide assortment of currency pairs, stocks, and commodities. Traders can choose to trade with just one asset or with all, depending on his preferences.
Binary Options Robot provides Daily Stop Loss feature that will allow the trader to protect his investments. Automated trading is activated with “Active Trading” button and it can also be deactivated if needed. Stop Loss enables to define amount trader is willing to invest on daily basis. If Robot spends all amount it will stop at a predefined level. This makes trading more convenient and lets traders create their own investment plan.
Maximum Daily Trades is another helpful feature that traders can optimize. This tool helps trader define a maximum number of trades. If this feature is not set, the Robot will trade as long it has enough credit.
Trading Amounts feature is a great way to define an amount that could be invested for certain asset groups. For example, Trade Amount gives traders the opportunity to invest, for example, $200 in currencies, $100 in commodities, and maybe $50 in stocks.
How to Open an Account With Binary Options Robot?
Binary Options Robot is a free service for trading with binary options. The registration process is very simple and traders can fill the registration form to get started. Only basic info is needed to open an account with Binary Options Robot. The traders will receive a confirmation mail after they finish the registration steps. After the registration is done, the traders can start trading with one or more brokers from the list.
To make things simpler, especially for beginners, the Robot will open one broker account for a trader when he registers with Binary Options Robot. Depending on the trader’s country, the Robot will choose the best broker that is available in that country. Later on, the trader is always welcome to add more brokers to his portfolio.
It is important to say that an existing trading account with a broker can’t be implemented with Binary Options Robot. The trader must register through Binary Options Robot first in order to auto trade with a broker.
Binary Options Robot VIP Account
Binary Options Robot has created a special account that enables additional features for customized trading. It is available to all traders, no matter what their level of experience is. Binary Options Robot VIP account is also free of charge and traders will be rewarded when they make a simple deposit with any broker from Robot portfolio. If traders make a deposit for the first time, they will receive one month of VIP features. Later on, the traders get an opportunity to prolong the VIP membership if they deposit with the same or another broker.
Tip: Trade with reputable and regulated brokers on FX-Advisor.
Best Binary Options Brokers 2020: