Binary options broker is a trading platform. It has financial options with two payoffs, whether it’s a fixed amount or nothing at all. It is the most straightforward financial asset to trade. Binary options broker is a trade where the result is binary, Yes or No answer. In it, you have to pick a suitable option that suits you.
Do you want to invest your money with binary options? Which binary options broker is the best to invest money in?
Binary options broker has many pros and cons. There are a lot of scams out there. Often binary options is an over the counter traded products. Traders are trading against each other. There were many frauds in the binary options broker. That is the reason it was a ban on some of the countries.
Best binary options brokers have regulation of government finance authorities. They have free demo accounts, low minimum deposits, and no hidden fees. Another factor that makes a broker reputable is if it yields high on investment and provides customer funds safety.
Now let’s discuss the best binary options brokers in 2020
It is the best rated binary options broker in 2020. It has VFSC, FSC, MGA regulation. Its return on investment is up to 100%+. It is an automated trading options broker with high yield, forex, and CFDs. Its minimum deposit rate is 5 $. It is UK based and licensed broker. The clients from the US, Canada, Japan, Hong Kong, and Costa Rica are not accepted. It also blends gambling and trading but with transparency. It supports proprietary web, Android, and iPhone.
It is an in house software for trading, established in 2012. It is also reviewed equally to Binary.com. Its regulation is CySEC ( Cyprus securities and exchange commission ). Its return on investments is up to 100-1000% and has leverage up to 1:300. It is the best trading platform so far. Why? Because it has an excellent customer support and high yield. It opens free demo accounts for testing, and the minimum deposit is 10 $. IQ Option has 99% user satisfaction and the most popular binary options brokers.
Furthermore, it allows you to try $10,000 demo accounts to fell its features.
Iq option provides a wide array of web-based and mobile features that make binary trading transparent and efficient. It provides 5-minute increments, and on an hour, it gives 10minutes increments.
Binomo started in 2014 and has been increased its clients and bought its name in the best binary options brokers. It is rated less than Iq and binary.com, but still, it is at number 3. Its regulation is IFC and gives a 90% return on investment. Moreover, it provides access to multiple account types, and its trading goes on 24/7. Its minimum deposit is $ 10. It is a member of financial commitment.
It is also one of the best binary brokers, which started back in 2014. It has VSFC regulation, and it gives 90% of return on investments, along with fantastic support and various types of accounts. It is specific social trading. It is a legally registered binary options broker.ExpertOption accepts clients from all over the world.It functions on significant world currencies. It has 20+ stocks based on US companies. It does not traditional CFD and forex trading.
Binarium is one of the most reputable binary options traders. It functions in Saint Vincent and Grenadines. It has no regulation, and the minimum deposit is $ 5. The best part is that it is a legally registered binary options broker. It does not accept clients from the USA, Israel, and a few countries from the OFAC list. It has a simple registration process. It owns a specific trading room, and it accepts cryptocurrency.
It started back in 2017 and is an unregulated offshore company. Pocket Option’s private regulation is IFMRRC. Its minimum deposit is also 10$, and it functions from the Marshall Islands. Any government agency does not regulate it, and it also excludes some OFAC sanctioned countries. It consists of 30+ currency pairs, based on crude oil. Likewise, It has 20+ stocks based on US companies.
Now you can easily make your decision of which binary options broker to choose. The price has to be above or below the entry points to gain the return in investment. It is effortless to trade binary options. That is why it is the best and popular investment.