Best binary option brokers

Learn how to find the best binary option brokers out there. In this guide you'll learn what to look for in each broker before you even think about investing in them. Binary options trading involves risk and should not be taken too lightly, by chosing a good broker you can save yourself a lot of time and money.
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  • 1. Best Binary Option Brokers There are hundreds of different brokers to do binary trading with. Unfortunately, a few of them are over-the-night companies set up to scam traders like you. This short guide will show you how to avoid those brokers to secure your money. All of the tips given here are based on my own experience with different binary option brokers during several years of trading. I hope you enjoy and find it hepful!
  • 2. What's the company name? Take your time doing some research of the binary options broker you are interested in. If you can't find which company owns that broker then it's usually a bad idea to even consider joining it. If you can't find any information about the company on the broker's website, then try contacting their support to find out.
  • 3. Where's the support? A broker without a proper customer service and support structure is not a place you want to be invested in. Try contacting the support by email, live chat and/or phone during normal business hours. If you consistently can't get a response, or if it takes way too long, you should probably stay clear from that broker.
  • 4. Are they professional? If you manage to get hold of their customer support then try finding out if they are there to help you, or if they just want you to invest more and buy more features. A good broker should be invested in your success. If they can't answer your questions or just tries to make you invest money using dodgy strategies then you should be concerned.
  • 5. Regulated or not? A lot of binary option brokers are not regulated yet, but that doesn't mean they are bad or less secure working with. What you should be concerned with is if a broker can't give you a pleasing/coherent answer to why they are/are not regulated. If they are regulated you should also be able to request proof of regulation.
  • 6. Over 85% chance of winning? Even though a good investment strategy and plenty of experience can result in very high ROI, you should never trust a broker that promises insanely high win ratios. A lot of newbies fall for the brokers who promise that they'll win 90% or 100% of all their investments. It just wont happen. Stay away from these brokers, they are only there to trick people into investing all their money.
  • 7. There's a new broker in town If you encounter a broker that has no previous reputation or reviews of it online, then you should think twice. It might not mean that the broker is bad, but anything you invest will be at your own risk. Leave these brokers to the more experienced traders to check out and evaluate first, then try them out once they have established themselves as a trustworthy broker.
  • 8. Brokers with bad reputation All binary option brokers has some bad reviews. These reviews can be from competitors talking bad about them, or traders that didn't fully understand what they were signing up for when they started binary options trading. However, if a company consistently gets bad reviews about the same thing (withdrawals, support, faking numbers, ets), then you should try to look at other brokers to join.
  • 9. Education before investments A sign of a broker that cares about you is that they allow you to access educational parts of their website. Many brokers have a dedicated 'academy' where you can get education and talk to support. A broker should not try to make you invest before they know you are ready. This is not something a broker needs to have, but it's a sign that they value their members high and that they actually care about your success.
  • 10. Conclusion A broker should: 1. Care about you 2. Respond in a timely manner 3. Not promise insane things 4. Have a good reputation 5. Be open about regulations 6. Offer educational programs I hope you learned something new. Be sure to visit to learn more about brokers.
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