A free binary options brokers guide with updated top 10 lists, broker ratings and reviews. Below is our short list of the very best binary options brokers online.
Binary Options Brokers – How To Make Our Top List
BestBinaryOptionsBrokers.net team tests the binary options brokers listed by constantly scouring the message boards and scam complaint sites for other traders legit experiences with the trading sites in the market today. Our reviews reflect the data we gather and our ‘best of’ or ‘top 10 lists’ are updated accordingly. With nearly 10 years of experience in the online gaming industry, we have helped thousands of traders find a legit binary options broker and we will do the same for you.
About The Top Binary Brokers
To be listed here there are four key things that the broker must have.
- Positive Reputation (honest, legit, fair and trustworthy) for 1 year +
- Track record of consistent cash-outs
- Competitive payouts
- Quality trading platform
The most important factor we look for is a broker with a track record of reputable dealings for at least 1 year. Reputation is king. The reason that we require a minimum of one year is because as a rule the binary options industry is young. It is just now maturing enough to cull the vast majority of bad brokers from the good ones.
Up To Date For 2016 (now updated!)
The good news is that the industry has matured enough for market leaders to emerge. It is not as shady as it once was. Today, you have a choice between a few different brokers that you can trust to give you a fair trading experience. This means quality choices for you as a trader. Even better news is that there is heavy competition for your business from a select group of legit binary option brokers. Competition for your business leads them to offer lucrative deposit bonuses, stellar customer service and higher average payouts across the board. In short, the competition is a good thing for traders.
Broker Ratings – Experience, Research & Traders Feedback
Trade at the Best Binary Options Brokers Online
We have helped thousands of traders just like you find a binary options broker to trade at. Whether you are brand new to trading online or if you are looking to try your luck with a legitimate broker, our up to date top binary options brokers lists will guide you to the right broker. It does not matter if you are looking for the best binary options broker USA traders can use or if you are looking for which brokers have 60 second options. Our top lists will help you. To help us keep our top lists up to date, we encourage your feedback – it helps others choose where to trade. Our experience may differ from yours so your feedback and input is valuable. We have created a google doc where you can leave your feedback 24/7 on any of the binary options brokers listed above completely anonymously.
Trust and Security
We define trust as this is a broker that we would feel comfortable depositing our hard earned money into. We are particular on who we will deposit with because the binary options trading industry has seen it’s fair share of scams over the years. While we trust these sites ourselves, it is never a replacement for doing your own due diligence and making sure that you are personally comfortable with the broker before depositing any money. For the security part we work with brokers who use the latest in 128 bit security for depositing and withdrawals. We only work with brokers who have been in business over 1 year and have a track record of timely payouts, fair trades and responsive customer service and are not on any of the binary option broker scam lists.
BestBinaryOptionsBrokers.net was created to help traders just like yourself find a high quality place to trade binary options. We have over 10 years of experience in the industry and multiple websites featuring binary options trading. We built this site to help traders avoid the bad sites and find the good ones. We rank and review the best binary options brokers based on a number of important factors. The most important thing we look for is a reputable broker.
We list brokers that are found to be legit, trusted and safe. This does not mean that you can not lose money there. It just means that you will get a fair trade and timely cash outs. Binary options are risky on their own and you can lose money. However you can make money as well and you can make a lot of it if you are good or get lucky. As long as you are trading at a legit broker that is. We also have one of the only U.S.A regulated brokers by the CFTC. Which is Nadex.
We rate multiple areas of each broker to help you find where to trade. We test their deposit and withdrawal processes and make sure that they are efficient and have a history of working properly. On our home page you can view our short list of binary options trading sites. These are the cream of the crop and the top half of our overall top 10 binary options brokers list. We update category specific lists on a monthly basis at minimum. This data is useful to both the brand new and intermediate binary options traders. Advanced traders have long ago decided on the best binary option broker for them.
New To Binary Options Trading? – Where To Start
Binary option trading has been described as ‘forex simplified’. It is easy to trade by design, with a ‘one or the other choice’ and a ‘one or the other’ payout. Novice traders can win, and if on a hot streak they can win big in a short period of time. Fair warning, winning over the long term takes skill, dedication and proper risk management execution.
- Learn The Basics Of Binary Options Trading
- Different Types of Binary Options
- 5 Tips To Picking The Right Binary Options Broker
- Understanding Bonuses
- The Deal With Demo Trading
- Newbie Trading Guide – Making Your First Trade
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