Binary Options Broker Reviews

How To Choose a Broker? Finding the best broker is not always easy. There are over a 100 brokers in 2014 with only a few being CySEC regulated. Don’t settle for the first website you come across and definitely not for the first pop-up advertisement. Here are a few factors to consider before you decide to invest:

  • Reliability Is the broker regulated and licensed? Make sure you select only a top-rated company! Don’t settle for less. Look for reviews and avoid any scams. Don’t forget to visit the Black-List.
  • Payout Why settle for a low payout? On average you will get a %75 on winning trades and %0 on losing trades. Keep in mind that some brokers will offer up to %95 on winning trades and %5-%15 on losing trades.
  • Regulations Before signing up make sure you to narrow down your search to CySEC regulated Brokers.
  • US Friendliness Don’t be disappointed if some brokers restrict access for US residents. Many EU regulated and Spotoption brokers are not available in the United States. If you’re in the US, I recommend to sign up with Nadex.

Lowest Deposit Broker

Starting with a lower budget? The average deposit requirement is $200 and some brokers require up to $500 to get started. The following brokers offer a lower deposit. Keep in mind that online trading involves a high risk and the recommended starting investment is between $200-$500.

$5 min      Ayrex. (Ayrex Review)

$10 min    IQ Option – EU Regulated. FREE demo available. (IQ Option Review)

General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Top Rated Brokers

Are you looking for the most reliable brand? Stay safe and signup with one of the leading brokers with a clean record, absence of negative reviews and full EU regulations. The Top rated brokers are:

Finrally – Auto Trading available. (Finrally Review)

High Low – AU-regulated. Best choice for traders in Australia, New Zealand, China and Japan. (HighLow Review)

BDSwiss – EU-regulated. (BDSwiss Review)

24Option – EU-regulated. (24Option Review)

Binary Capital Markets – EU-regulated. (Binary Capital Markets Review)

OptionFair – EU-regulated. (OptionFair Review)

Nadex.com – CFTC-regulated exchange. Best choice for people in the US. (Nadex Review)

Bitcoin Broker

If you also trade and use bitcoins, then you might as well sign up with a binary options broker that allows bitcoin deposits. BitPlutos.com offers exactly that on a SpotOption platform. Minimum deposit is just 0.025 BTC. BitPlutos Review.

 

75 thoughts on “Binary Options Broker Reviews

  1. Dale Evans

    Hello Michael,

    365binaryoption. – I know they are not regulated and therefore not, ” recommended” by you,..however, I dont see their name in your Blacklist.
    Do you have any great or horror stories, “absolutely DO NOT INVEST” advice, or do you know anything much about them? Or do you know of people who have gotten their money back ( plus more….) from them?
    Yes, I have unfortunately put money in…

    Thank you.
    Regards, Dale

    Reply
    1. Michael Freeman Post author

      As long as you don’t accept any bonuses, account management services and not deposit more than the minimum, you should be OK. But next time I wouldn’t recommend signing up with a non-regulated broker.

      Reply
  2. Ulrika Högman

    Hi im just get a account whit our autotrading service and i got 72 option as Brooker from you. Are they trustfull? Im from sweden. Can you desscribe for me hos everything works

    Reply
    1. Michael Freeman Post author

      I don’t recommend signing up with non-regulated brokers. Please email for more information (ObjectiveBO@gmail.com).

      Reply
  3. Sheila

    Dear Michael

    Did a sign up with CFD Stocks. They made an error and instead of a $250 dollar account being opened, they opened a £250 pound account. They then Tried to pressure us into investing $50 000! We didn’t. All reviews indicate a scam – how do you think I can get my £250 pounds back which is quite a bit of money in South Africa.

    Reply
  4. Essi

    Hi, for those of us who live in Canada our deposit and withdraw options are pretty limited with most brokers. I tried all methods with HighLow except for Bitcoin and wire transfer. Bitcoin should work but they only have that as deposit method and not for withdraw.
    Binary.com offers more methods, including Bitcoin deposit and withdraw and accepts Canadians.
    Which broker do you recommend in this case? stay with HighLow and use wire transfer or use Binary.com? and is Binary.com as safe as HighLow?
    Thank you

    Reply
  5. Barry English

    Dear Michael,
    What are your views on option72? They played hardball with me on extra bonuses etc.

    Reply
  6. elman t. caguioa

    good day,michael.
    i’m from the Philippines and i would like to invest in stock trade.what is the best stock trade in our country?please help

    Reply
  7. John

    Mike what about Smartoptionson. I intend investing.Will appreciate you feedback

    Reply
  8. Freddie Prior

    Hi Michael.
    If it is possible please let me know . How the following brokers are ?
    JAFX FX Choice Tradersway 10 Markets Or can you suggest a good trader for me and the rest of us. Who has been scammed before. Thanks Regards Freddie.

    Reply
  9. Linda Lim

    Hi Michael,

    I am Linda from Malaysia. Which broker would you recommend for me to trade?
    Thanks

    Reply
  10. INDRAJIT MODAK

    Hi Michael,
    What is the latest update on bdswiss.com – is it still good?
    Please revert.
    Sincerely,

    Reply
      1. Darren Donnelly

        Michael is itrader for U.K. To. E trusted .just given £250 deposit.
        If not why can I do now .

        Reply
        1. Michael Freeman Post author

          Don’t send them any more money. Don’t approve any account management services. Next time only deposit with regulated brokers.

          Reply
  11. Scott

    Hi Michael I am in ur Facebook group which I think is brilliant,but i never got the time to use the signals in the day as I work full time in construction in England.so I looked high and low on ur blog sights for a reputable auto trader and found neo2 I was so excited as u were involved in it funded my trading account with £500 with uk options was all going really well until I found out they were not regulated so I put in request after request to get my money back and now they have shut down and taken the money in my account and plz what happened to neo2 I can’t access that any more neither where have they gone kind regards

    Reply
  12. Bruce

    Hi Michael have you heard anything on Metainvesting. Out of the UK

    Reply
  13. Paul L

    Hello Michael, I signed up with BDB and one of their senior account managers about 14 months ago, I invested a rather large amount of money. To cut a long story of deception, misinformation and reckless guidance short – In less than 2.5 hours on the Trading Platform, over 2 evenings, I followed completely and only the guidance of my account manager, after which 99 % of my initial investment was completely lost/gone and then my account disappeared.
    BDB are apparently a regulated Brokerage ? . . . what about their account managers ?
    Your thoughts would be appreciated please Michael.

    Reply
  14. Chris

    Hi Mike, is Copy Buffet and Option Robot ligit? I’m new at this looking for a honest Auto trader out there. Every trader I’d checked and researched already been mentioned above.

    Thanks
    Chris

    Reply
  15. Joseph

    Hi I signed up with binary cooperate and since then they are not answering any of my questions and the senior broker they sssigned me to has not been calling me and never answered any of my call. What do I do
    Thanks
    Joseph

    Reply
    1. Michael Freeman Post author

      Would you like to keep trading with them or withdraw your money? If you want to keep trading with them, I recommend joining my signals group. To make a withdrawal, you need to upload your documents to their website to complete the verification process and then ask for a withdrawal.

      Reply
  16. superstylefactor

    hi mike,

    I have tried to sign up for a NEO2 account, but the brokers I get assigned to always seem dodgy, is there a reason why these brokers are associated with your autotrader? What would be some examples of reputable brokers which I can be assigned with? so I can try to create new accounts until I get these brokers. I had good impressions with Porter Finance, however my Neo2 wasn’t properly synced with the broker so the auto trading didn’t work properly, and since then I haven’t had luck getting PF assigned to me. Any suggestions would be welcome. No Titan or Tradorax please!

    Reply
    1. Michael Freeman Post author

      I no longer recommend signing up with Neo2. Not only are there no good brokers available with the software, but also it’s currently a signal service and not an auto trader.

      Reply
      1. Alan

        Hey, I have an account with marketsworld right now. Should I cancel? Also is there any other broker for people in the united states other than nadex? thanks

        Reply
      2. SUZEN

        Hi Mechael,

        Please could you tell me your opinion about PlusOption & Itrader??
        What is the best broker in the Uk

        Thanks

        Reply
  17. Narrinder Sahota

    Hi I’m from the UK so which broker would you recommend?

    Nas

    Reply
  18. William Stone

    Hello, I looked through the Blacklist and didn’t see Tenoptions.com . Did I miss them or have there been no problems reported? Your thoughts please.

    Reply
  19. Inga

    Hello Mike. I am from Malta. Could you please recommend a binary broker to me

    Reply
    1. Dmutro Kateruna

      You will not find the right person and a deceitful broker on the Internet!

      Reply
  20. Steve

    Anyone heard of optionleague – said they are based in UK. How reliable are they?

    Reply
      1. Siyabonga Sishuba

        Hi Mke, my name is Siyabonga Sishuba I recentley joined IQ Options under the group today with $100 but the system does not allow to be added on group please assist.

        Reply
  21. Shawn Knox

    Hi Mike I am from Ontario Canada what binary broker do you recommend ?

    Reply
  22. Anna Pandaram

    Hi,
    I was scammed into depositing money into a plus options trading account and they even sent me a protected capital form to sign. But now, there is no reply to my emails and I cannot get through to their UK number at all. Is there any legal entity I can approach to get my money out of them? Please help

    Reply
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