Binary Options Brokers 2013
Our trading editors at BinaryOptions.net have announced the top 3 binary options brokers for 2013. We’ve rated these brokers based on their account features, customer support, withdrawal times and payout percentages.
Best Binary Options Brokers:
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Selecting The Best Binary Options Brokers
There are several criteria that traders must use to select a suitable binary options broker:
There is the issue of trade types. Some binary options offer all trade types, while others are more restrictive. There is also the choice of trading instruments. Some brokers have great depth and are able to offer financial assets for trading that cover the forex, commodity, futures and bond markets. There is also the issue of payouts, trading costs, bonuses, and trading conditions.
All of these factors will ultimately affect the way a trader plays the market, and ultimately, his profitability. The ideal situation is to get a binary options broker that offers several financial assets spread across several markets, offers a reasonable bonus with a good payout approaching 80%, and offers flexible expiration dates without boxing traders into very long expirations. For more information you can also read our article on choosing a binary options broker.
Keeping this in view, we have tried to use these criteria to draw up what we feel are the best binary options brokers that traders can do business with. The list is not very exhaustive, but we consider this a good place to start. So here we are: four great binary options brokers.
24Option is one of the most unique trading platforms on the market today. They do have an unusual black background, rather than the white one that most other brokers have. This does not take away from the trading experience it offers to online investors. The good news is that this broker is available 24 hours a day, 7 days a week. If you want to learn more about a binary options broker with high outreach in online trading, then please read further.
Most traders we have had contact with said that this is one of the best brokers they have traded with, making it a top choice for 2013. The minimum deposit is $200, allowing all different types of people to begin their trading experiences easily. The black background of the website is objective, but it is quick to get used to. There are not so many options in the header and footer menus, which can be an advantage for traders who want to get straight to the point. There are various other options to click on throughout the website.
You may find the education features very useful to you. There is the Glossary, FAQ, Trader Manual, Binary Options Trading and Asset Index. These features are crucial for traders of all levels who want to get an inside look of what trading binary options and investing on the 24Option trading platform is really like.
If you have a mobile phone, then there is a mobile platform, allowing you to trade binary options on the go. Also, there are regular webinars which you are able to register to. To top this all up, you can easily start trading within minutes on the 24Option trading platform.
The trading platform offered by 24Option is very different from that of its main competitors. There are various different trading options, which you can take a look at yourself. These are the High/low, Touch/No Touch options and Boundary Options.
The High/low is rather simple. All the trader has to do is select high if he believes the option will expire above the purchase price, or below if he believes the binary option will expire below the purchase price at the time of expiry. First pick your favorite asset, then the High/Low direction, amount you want to invest, expiry time and start trading.
The One Touch options are offered by a number of binary options brokers. The trader needs the option to touch a certain price barrier prior to the expiry time. This means a lot of thinking is required to trade these successfully.
Boundary Options are offered by 24Option, where a trader buys a contract on whether or not the price of a specific asset will stay within a specific price boundary, or break out of that price range.
The payouts at 24Option can be as high as 89%, which is a high for the binary options market. This is a factor which has really attracted a lot of traders in recent times. The trading platform does not offer the most assets out there, but enough to give you the choice of trading the best forex, stocks and commodities out there.
What our team can say is that the overall trading experience was a memorable one. It was different from that at other brokers, but equally exciting. We can say that 24Option is one of the best binary options brokers in 2013. You need to visit their website to understand what binary options trading is all about.
GToptions is an up and coming binary options broker. They have been offering their trading services online to clients worldwide since 2011. They have been regularly improving their brand to boost the trading experience of online binary options investors. The look and features we encountered at GToptions are quite different from the other brokers out there, making them one of the top brokers in the industry for 2013. Make sure you read what they have to offer to maximize your returns when trading with GToptions.
It should be said that GToptions is one of the most user friendly trading platforms we have come across. This is a perfect entrance point for those traders that have no previous trading experience or those who have years of experience. We were impressed by the array of features which are available via the header menu. Having top quality and useful features are vital if you are serious about trading binary options to their fullest.
What caught our eye was the great support offered such as Platform Walk Through, Chat with a Broker and much more. Also, there is a variety of education features which are vital to use if you want to understand all there is to know about binary options trading. This includes a Glossary, Daily Market Review and Weekly Market Review. By using these education features to your benefit, binary options trading will be that much simpler.
You can practice trading from the homepage, while enjoying the ability to easily open a trading account. There is a live news feeds, allowing you to stay ahead of the latest market developments. On top of this, you may learn more about GToptions in the About Us section. So for all your questions, this broker may have the answers you are looking for.
You should take a careful look at the GToptions platform before making your final decision of investing funds. What we did like was that their platform is very easy to use and there are high returns offered on numerous trading assets. The regular binary options are easy to get into and all you need to do is pick your favorite binary option and wait for the expiry time.
One of the most impressive trading features we came across was the Binary Meta. This is relatively new and offers traders an great range of expiry times, so they can take binary options trading to the next level. You can also trade your preferred asset via graph and watch its movement until the expiry time.
There are also the One Touch, Option Builder and 60 Second options trading features. All of this shows that GToptions is not shy in bringing binary options trading personally to the trader.
The return rates are quite high, 95% for in the money and up to 15% for out of the money. This is one of the highest levels in the binary options industry.
There are around 80 trading assets to trade with. This also makes GToptions a market leader, as they allow you to trade a diverse amount of underlying assets on their trading platform each trading day. So you can enjoy trading the top currencies, stocks and commodities when you want.
GToptions is a broker which we have a lot of good things to say about. Our team found their education materials amongst the best in the market. They are a broker who understands how important it is to satisfy the trader, especially in such a competitive environment. Moreover, the high returns they offer to traders are advantageous if you are someone who is up for making a lot of profit from online trading. To top this all off, the customer support at GToptions is there to help all traders who ever need assistance.
Binary Options Trading in 2013
Binary options trading in 2013 will only be enjoyable if you are trading with a reputable binary options broker. You also need to choose a broker that suits your trading style best. Read the above binary options brokers reviews carefully before making that crucial trading decision.