Brokers

Best Binary Options Broker Reviews & Ratings

We maintain a short list of quality binary option brokers. Read our binary options broker reviews to learn more facts about the top binary trading sites. Read real trader comments and view five star ratings. Click the links below to read the reviews.

• Banc De Binary Review
• Any Option Review
• 24 Option Review

Selecting the right options broker is crucial to your success when trading binary options. Deciding on which binary options brokers to trade with is your first major decision and it should not be taken lightly. Use this page to find the best binary options brokers for you.

Top Rated Binary Options Brokers

24Option: This site offers short term trades ranging from 71 to 85 percent. With one of the widest varieties of currency cross-pairs of all binary options brokers, this is a great place for forex traders to begin. Most of their currency trades offer 80 percent returns. If currencies are not your thing, this site still has a lot to offer. They offer some of the best returns on commodities, stocks, and indices, too. The average return for these assets is between 75 and 80 percent, although some are a bit lower. The longer term binary options on 24Option.com can go as high as 310 percent. This is an extremely competitive number.

24Option offers a good range of perks as well. Platinum members earn an extra 4 percent on all of their profitable trades while Gold accounts earn 2 percent. For all the rest (Standard accounts), there is no bonus, but plenty of opportunities to learn more about trading with 24Option’s education and video center.

24Option Summary

• Minimum Deposit: $200 USD for credit cards and electronic payments, $1,000 for wire transfers.
• Minimum Trade: $24 USD
• Types of Options Available: High/low, Boundary, OneTouch
• Expiry times available: 15 minutes to 1 month
• Payout Percentages: 75 to 310 percent
• Underlying assets available to trade: Commodities, currencies, indices, and stocks
• Other Information: Some, but not all, options have up to a 15 percent rebate if they finish out of the money.
• 24 Option Review

AnyOption: The AnyOption broker offers 65 to 71 percent returns on most trades. While this might be on the low end of things, AnyOption makes up for it with their variety of different trades available. They have One Touch and Option+ choices that are sure to spice up your trading routine. The One Touch type of trade makes it even easier to make money. Once the price of the underlying asset goes above (call) or below (put) the strike price, you automatically are on the profitable end of things and will receive a payout. The Option+ allows you to sell back your options that you don’t want to keep. These will be at a reduced price, but they allow you to at least recoup some of your losses.

AnyOption Summary

• Minimum Deposit: $100 USD
• Minimum Trade: $25
• Types of Options Available: Call/put, Option+, OneTouch
• Expiry times available: From one hour, to one month
• Payout Percentages: 65 to 71 percent
• Underlying assets available to trade: Over 60 assets, including commodities, currencies, indices, and stocks
• Other Information: Failed trades on AnyOption receive 15 percent back.
• Any Option Review

Banc de Binary: A Banc de Binary Personal Broker Reserved account account gives you automatic access to financial experts that can assist you with your trading and guide you in the right direction. One of the key things that separates this broker from others is that they offer a practice trading account if you make a minimum $500 deposit.. This will allow you to get the practice that can make you a highly successful trader. You also will get instant access to trading signals. This is something that you will not find in any other binary options brokers. See our Banc De Binary Review

Banc de Binary offers 60 second options that expire every minute. For a minutes worth of work, you can earn up to 70 percent return, making Banc de Binary one of the best places to trade due to the quick work that you can accomplish with your trading capital.

Banc de Binary Summary

• Minimum Deposit: $500 for credit card and MoneyBookers, $1,000 for wire transfers.
• Minimum Trade: $25
• Types of Options Available: Call/put, One Touch, Option Builder
• Expiry times available: 60 seconds to 24 hours
• Payout Percentages: 70 to 90 percent

How To Find The Best Binary Options Broker For You

There are many binary options brokers out there. For your money, you want to go with the one with the highest payouts. But it’s not quite that simple. Different brokers have different payouts for their underlying assets, plus many different timeframes as well.

The most important thing to start out with in picking a binary options broker is finding one that you trust. Picking a safe & trusted binary option broker can be more challenging than you might think. This is because binary options as an industry are relatively new. The past couple of years have seen the emergence of this new and exciting way to trade. Only recently, at the beginning of 2012 began getting more and more attention because of the ease and simplicity of the trade. The fact that the industry itself is young means that many of the binary options trading sites relatively young as well.

There are so many different choices for choosing a binary options broker, having a select few that you trust to hold your money safely is essential. Binary options are a relatively new phenomenon, so you will want to be sure that the one you utilize has a high volume of traffic. The more people that use the site, the more reputable it probably is. Once you have a short list of respected binary options brokers you have a handful of questions you need to ask yourself when deciding where to trade binary options.

Here are a few things you want to look at when deciding which binary options broker to trade with:

• Highest payout returns for the options you want to trade
• Rebates offered on losing trades (some binary options brokers have rebates when you lose to soften the blow a little bit
• Type of binary option you want to trade (short term trades, longer term trades, types of trades offered

Binary Options Brokers With The Highest Payouts in 2012
The basic way to evaluate which broker is offering the highest payout is a comparison of the trade side by side. This is straightforward, if you are looking to trade 15 minute options, you want to go with the broker that has the highest return on winning 15 minute option trades. Likewise for shorter or longer time frames. The trade specifics will depend on the instrument you are trading and time of day you are trading. It is advisable to have an account with a few select brokers so you can find the one that gives you the best return on the trade or you are leaving money on the table.

Binary Options Brokers With Rebates / Refunds on Losses
The second thing that you need to take into account is any refund on losing trades that the brokerage issues. For example, if you are using a straight $100 per trade, you might be getting 80 percent return on your winning trades. But on your losing trades, some brokers will refund up to 15 percent of what you lose.

If you protract that out for a hundred trades, winning exactly half of them and losing the other half, you will end up with a return rate of 97.5 percent of what you invest, or $9,750 of the $10,000 you risked. Of course this would be for a hypothetical 50/50 split in prediction outcomes. If you are correct more often than 50 percent of the time, you would obviously have better results.

This might seem moot, but a brokerage with a 97.5 percent payout is far ahead of a broker with a 90 percent payout. If you were to subtract the losing refunds from the above example that is exactly what you would have. So instead of having to be right only 52 percent of the time like you would with the 97.5 percent payout, you now need to be right 56 percent of the time for a 90 percent payout. Those 4 percentage points can be the difference between being successful and being broke.

• Banc De Binary – A leader in the Binary Option Trading game and broker you can trust.
• AnyOption – One of the original Binary Brokers that offers excellent payouts on trades.
• 24Option – Offering plenty of assets to trade and special bonus offers when you join.

Binary Options Brokers Check List & Final Thoughts

So knowing just what to look for in your payouts, both winning and losing, is vital. Look for the trades that will get you the most amount of money returned for the least amount of effort.

You will want to evaluate just how successful you have to be at predicting the outcomes in order to be a long term winner with binary options. If you find that you need to be right too often, you might want to consider finding a new broker that has better payouts for the trading time frames that work best for you, or you might need to adjust your binary options strategies. If you are new to trading binary options then we strongly recommend you start out with a demo binary options account to practice trading with fake money before doing the real thing!

• Find a broker you trust
• Has good payouts
• Has the types of trades available you want to make

The most important thing to remember is that you need to get your requirements fulfilled for each and every trade you execute. If you aren’t happy with your broker for a particular type of trade, it’s okay to have two different brokers for two different types of trading. You deserve to have the best payouts possible, so make sure that your broker is doing this for you.