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What is the most popular binary options broker in 2024?
Ever since the US Securities and Exchange Commission approved binary options in 2008, more and more traders have been interested in expanding their investments and exploring binary options trading, and the list of brokers is growing. Nowadays it can be challenging to narrow down your options to find the right broker to suit your needs, which is why we’ve rounded up some of the most popular brokers to help you jumpstart your search. To help you out, we provide you with the top 15 binary options brokers of 2024 that you can consider for trading. You have successfully started trading on your own.
Top 15 Binary Options Brokers in 2024
Top 15 Binary Options Brokers
1. IQ Option
IQ Option was established in 2014 and since then has received good reviews on the internet, uses in-house software for trading, the highest returns are 95% However, traders in USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan and Syria are not accepted. IQOption LLC is well known for its reliable broker. Web and mobile that allows for more transparent, reliable and efficient binary trading, for example it offers fast trading in up to 5 minute increments and hourly binary options in 15 minute increments. Up to one month of trading, the Digital Options service also allows users to trade gold among more than 500 assets.
This popular binary options tool offers a free demo account to help you get started, the minimum deposit is just $10 for the real account Available to clients that deposit significant amounts (the exact amount is subject to change). By email, phone and live chat, finally, this broker offers many convenient deposit and withdrawal methods to help you trade with ease.
IQ Option Features
- Minimum deposit: $10
- Minimum trade size: $1
- Maximum return: 95%
- Supported Trading Platforms: Proprietary Web, Android, iPhone
2. Trading 365
365Trading is registered with CySEC and based in Cyprus. It was founded in 2012 and has been trading since in the EU without any problems. It is primarily traded in binary options. As of this writing, US traders are not accepted. The minimum deposit is $100 with profits and bonuses of up to 85% and 100% respectively. You can open a demo without a deposit and try out short and long expiration. The in-house platform is robust and suitable for experienced traders. There are also line and candlestick charts and historical analysis works as a business analysis tool. The platform lets you set up three assets with quick access shortcuts. You can trade four assets simultaneously with the main window and three sub-windows. Support is available via email and phone.
Key features of 365Trading
- Minimum deposit: $ 100
- Maximum return: 85%
- Bonus: up to 100%
- Supported trading platforms: Proprietary, Web, Android and iPhone
3. Ayrex
Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and focuses on binary options, as of today US traders are not accepted. The minimum deposit is $25, which is one of the lowest, while the bonus is up to 10%, 20% and 30% on the amount of your deposit for Ayrex account holders. The broker uses a proprietary trading platform. which has instant withdrawals which are unique in the niche The interface is neat and lets you quickly jump to different trades. Suitable for short term trading There is also a high/low option. Support includes 24/7 live chat and via email. Similarly, the system can be accessed from Android and iPhone apps.
Key Features Ayrex
- Minimum deposit: $25
- Minimum trade size – $ 5
- Maximum Return: Up to 85-90%
- Bonus: $ 30 no deposit to new account up to 30% from trading
- Supported trading platforms: Proprietary, Web, Android and iPhone
4. OptionFair
OptionFair was founded in 2010 and is based in Cyprus. It is regulated by CySEC and is listed on the London Stock Exchange, the first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs and binary options on 118 underlying assets. The minimum deposit is $100 with a return of up to 100%. However, no bonuses are listed. But you can contact support for possible conditions. The expiration time is shorter than average. But it generates quick returns for short-term trading. The broker uses its own platform that allows you to switch trading from forex to binary and CFD from a single interface. It gives you access to many assets and tools and various expiration. In fact, you can trade simultaneously on forex and binaries. Mobile apps are available for Android and iPhone. There is phone support in five international numbers including English, Spanish, Italian and French. Offers email and live chat support as well.
Main features of OptionFair
- Minimum deposit: $ 100
- Maximum return: 100%
- Bonus: none
- Supported trading platforms: Proprietary, Web, Android and iPhone
5. BinaryTilt
BinaryTilt is an unregulated broker headquartered in London, England. But it is wholly owned by Depix Holdings, based in Cyprus. Although it doesn’t maintain brokers, it seems to have a clean record with rare warnings from the authorities. US traders are not accepted. It trades in stocks, indices, forex and commodities among 150 underlying assets. The minimum deposit is $250 with profits up to 85%. Likewise, bonuses are accessible 100%. Trade styles include high/low, one touch range and on demand Most stocks are US or EU companies. The trading platform is SpotOption, which is the standard tool of the school. But it is older compared to the newer platforms today. The UI is familiar and well organized, good enough for beginners to get started trading without any hassle. Support via chat while Android and iPhone are available.
Main features of BinaryTilt
- Minimum deposit: $ 250
- Maximum return: 85%
- Bonus: up to 100%
- Supported trading platforms: SpotOption, web-based, Android and iPhone
6. GTOptions
GTOptions is another Cyprus binary options broker. It uses the SpotOption trading platform, which is one of the most trusted web-based solutions on the market today. Its interface is smart and intuitive, with color-coded buttons and tabs arranged according to the type of trade offer and presentation of the asset to trade. This binary options platform also offers several user-friendly tools to help traders achieve better results. For example, it has a risk management feature that allows traders to cash in on their live trades before contract expiration. Likewise, it has a high-level trading-supported binary meta mode designed specifically for professional traders. Finally, the vendor offers 24/7 customer support and provides an extensive library for study and reference.
Key features of GTOptions
- Minimum deposit: $ 250
- Maximum return: 81%
- Bonus: Below $50 Bonus 50%, Above 1000% Bonus 100%
- Supported trading platforms: Proprietary, Web, Android and iPhone
7. OneTwoTrade
OneTwoTrade uses the popular web-based SpotOption trading architecture. The company provides the latest technological advancements for the benefit of its clients. OneTwoTrade has won awards by providing a powerful and secure trading platform that is easy to use. Fully licensed, headquartered in London. It is also tightly regulated by government bodies such as the Malta Gaming Authority. On top of that, OneTwoTrade is rigorously tested to ensure its accuracy, stability and quality. OneTwoTrade offers two trading accounts. one is free while the other is paid. The latter, called Privilege Plus, offers users even more benefits, including comprehensive market analysis, special promotions, and access to a senior account manager anytime. Privilege Plus members get an iPhone or An iPad with a special mobile trading app
Key features of OneTwoTrade
- Minimum deposit: $ 200
- Maximum return: 65% to 85%
- Bonus: not specified
- Supported trading platforms: Proprietary, Web, Android and iPhone
8. 99 binary
99Binary operates from Anguilla, a British Overseas Territory in the Caribbean. Started operating in 2013, this binary options trading company serves clients in the United States and around the world. There is a well-designed and comprehensive online portal that offers a wealth of trading features, tools and information. This HTML-based binary trading solution offers users the convenience of a clean and uncluttered dashboard design. Users will appreciate the way the website presents information about other users’ recent successful trades which can be easily copied for later use. Another outstanding feature of 99Binary is its trading requirements. In order to withdraw the bonus funds, customers are required to meet a specific turnover quota, which is reduced for all levels. This is a powerful incentive for traders who love bonuses.
99Binary Key Features
- Minimum deposit: $ 250
- Maximum Returns: Up to 86% for Standard & 60 Seconds and up to 350% for One Touch
- Bonus: To withdraw the bonus, beginner users need 30x turnover. For premium users, 20x turnover is required.
- Supported trading platforms: Proprietary, Web, Android and iPhone
9. Binary.com
Binary.com, based in the UK, is a licensed broker regulated in the British Isles, Malta, Ireland and the United Kingdom. However, traders in the US, Canada, Japan, Hong Kong and Costa Rica are not accepted. It is one of the more transparent companies in the industry that declares the company ownership and operations of the market. Prior to BetonMarkets, Binary.com was a combination of betting and trading. But with transparency, it offers CFDs, margin FX and crypto trading via MT5. You can start trading any time other than the expiration date and the investment amount will depend on the payout you set. The minimum deposit is $10 and for e-wallets it’s even lower at $5. Bonuses are not standard. Rather, it consists of two types: deposit bonuses and free bonuses. Likewise, percentages are not specified. But you must have up to 25 colors to use for withdrawal. There is also a payout commission of 1.5%. The broker supports a wide range of trading platforms such as Binary Webtrader, Binary Bot and Binary Next-Gen. It is also possible to customize the trading needs of clients under one roof. Easy to use for first-time traders and robust for veterans. It offers many visual tools such as charts and technical indicators, and the binary options tutorials are comprehensive. It supports 12 languages and provides virtual money accounts. Mobile apps are available with mobile payment systems.
Features of Binary.com
- Minimum deposit: $5 for e-wallets and $10 for debit and credit cards
- Maximum return: 100-1000% depending on contract and trade
- Bonus: not specified
- Supported Trading Platforms: Proprietary Web, Android and iPhone
10. eToro
Tel AviveToro in Israel. It is a social trading network, not a broker. It allows you to copy top traders in their community and hopefully earn the same profit. On the other hand, your trades can be copied which gives you additional income. In this platform you invest in people not currency. Instead of learning financial charts and indicators, you will need to take into account the behavior of other traders and analyze their patterns or strategies. Don’t worry, eToro offers over 16 lectures and video courses on how to hone your skills. These include consistent trader identification, not just one-shot deals. You also get a list of the best traders on currencies, indices and commodities across a wide range of underlying assets. On the B side, you can share your trading insights and enroll in the Top Investor Program as a unit. Trade work While the minimum deposit is $200, the maximum returns vary. The network uses an in-house trading platform with Android and iPhone apps.
eToro Highlights
- Minimum deposit: $200 – $10,000 depending on country
- Maximum return: Varies
- Bonus: not specified
- Supported trading platforms: Proprietary, Web, Android and iPhone
11. 24 options.
24Option has been online since 2010 and is a stable and reliable broker as it is regulated by CySEC. TechFinancials 3rd party Maximum return is 88% This broker does not accept traders from the US and Australia. The minimum deposit amount is $250 and the minimum investment amount is $24. The trade types offered are one touch high/low and no boundary and 60 second touches. Demo accounts are offered for new traders. You can register in a Standard, Gold or Platinum account depending on the amount you deposit and the features you need. 24Option offers customer support via phone, live chat and email in English and 13 other languages.
Key Features 24Option
- Minimum deposit: $ 100
- Maximum return: 88%
- BONUS: Up to 100% 25% or $500 (whichever is the lowest) for first time depositors
- Supported Trading Platforms: Web TechFinancials, Android and iPhone
12. ETX Capital
Main features of ETX Capital
- Minimum deposit: £200 (about $260)
- Maximum return: 100%
- BONUS: Varies personal
- Supported trading platforms: MarketPulse, Web, Android and iPhone
13. CMC Market
UK-based CMC Markets has been a forex broker since 1989 but entered binary options in 2015, but that’s a long history of trust and reliable operation compared to binary options. Most of the options Moreover, it is regulated in the UK. Today it trades in indices, commodities, treasury stocks and forex. But US customers are not yet accepted. There is no minimum deposit and no bonuses either. The rewards also vary depending on the product. At the same time, the platform is customizable and includes charting tools, pattern recognition functions, multiple screen layouts, and multiple timeframes. The system can be accessed from Android and iOS devices. Support is based in the UK and consists of live chat, email, phone and fax.
Main Features of CMC Market
- minimum deposit: no minimum deposit
- Maximum Return: Up to 95%
- Bonus: none
- Supported Trading Platforms: Proprietary Web, Android and iPhone
14. EmpireOption
EmpireOption was founded in 2010 with its headquarters located in London, England. Like most brokers, US traders are not accepted. Forex and CFD broker with a diversified investment portfolio. The minimum investment is $200 and the maximum return is 80%. Similarly, the bonus can reach 100% but conditions apply. The trading platform is SpotOption, but minus the SpotOption payment network. EmpireOption also uses its own branding interface and controls various aspects of trading. Phone and email support is available.
Features of EmpireOption
- Minimum deposit: $ 200
- Maximum return: 82%
- Bonus: up to 100%
- Supported trading platforms: SpotOption, Web, Android and iPhone
15. BinaryMate
Binarymate is a UK registered broker which is reliable as it adheres to the strict UK financial regulations. It accepts US traders. This broker uses an in-house platform for trading. You can earn up to 90% returns. The trading account starts with the basic bronze package where the minimum deposit is $250 and you get a 20% welcome bonus. On the Silver account the minimum deposit is $1000 and you get 50% Welcome Bonus Finally, for the Gold Premium account, the minimum deposit is $3000 and you can choose between risk-free trading or a $250 bonus. A unique customer support feature offered by Binarymate is the live video chat with Binarymate. Agents are available 24/7. Support is available in English, French, Spanish and Russian. Last but not least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker, you should always compare binary options brokers first to make sure you choose the best one.
Main features of BinaryMate
- Minimum deposit: $ 250
- Maximum return: 90%
- Bonus: Up to $250 Risk-Free Trading
- Supported Trading Platforms: Proprietary Web, Android and iPhone
How to Succeed in Binary Options Trading?
Many people follow trading in Binary Options although many fail, this is due to the ease of trading coupled with the high profit potential, however, there are thousands of people around the world who still trade Binary Options every single day it is. Is it possible to succeed in this lucrative trade? A good place to start is to have a trusted list of the top binary options brokers today, that is now check to make sure you have the right payment gateway provider for your transaction. Smooth Payments Finally, check out these key elements that will help you succeed in binary options trading:
- Learn how to interpret current and projected historical charts
- Test a variety of trading strategies and use the one that works for you
- Always consider market indicators
- Learn to control your emotions, use them to your advantage
- Trade by leveraging your strengths and following your signals
- Develop and adhere to a long-term personal trading plan
Yes, due to the high involvement, binary options trading is difficult and risky, but if you take the time to learn the ropes and maintain your commitment, it is realistic to be successful at trading. binary options