Best Binary Options Brokers 2014
Our trading editors at BinaryOptions.net have announced the top 3 binary options brokers for 2014. We’ve rated these brokers based on their account features, customer support, withdrawal times and payout percentages.
Best Binary Options Brokers:
Top 10 Binary Options Brokers List:
- OptionsXO Review
- OptionBit Review
- Markets World Review
- Top Option Review
- BankOfTrade Review
- StockPair Review
- TradeRush Review
- Redwood Options Review
- 24Option Review
- 777 Binary Review
- Binary.com Review
- Optiontime.com Review
- Boss Capital Review
- MarketsKing Review
- LION Binary Options Review
- Core Liquidity Markets Review
- Lionive.com Review
- uBinary Review
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- By Deposit Method
- Binary Options Brokers That Accept Neteller
- Binary Options Brokers That Accept Paypal
- Binary Options Brokers That Accept Skrill
- Binary Options Brokers That Accept Webmoney
- Binary Options Brokers That Accept Paysafecard
- Binary Options Brokers That Accept Ukash
- Binary Options Brokers That Accept Visa
- Binary Options Brokers That Accept Amex
- Minimum Deposit Binary Options Brokers
- No Deposit Bonus Binary Broker
- Binary Options Brokers Where I Can Bet on Bitcoin
- Best Binary Brokers For Free Trading Education
- Binary Options Brokers With Free Demo Accounts
- Islamic Brokers
- Best Binary Options Exchanges
- Binary Options Bonuses
- Best Forex Brokers
- Best CFD Brokers
- How do binary options brokers make money?
Scam Brokers/Brokers That Are NOT Recommended
Choosing The Best Binary Option 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. T
- here 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’s one 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. 24Option are not a US friendly binary options broker. 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 2014. 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 2014. You need to visit their website to understand what binary options trading is all about.
Binary Options Trading in 2014
Binary trading in 2014 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.
Regulated Binary Options Brokers
There’s been some recent discussion lately about binary options sites and the legal concerns surrounding U.S. clients trading on their platforms. The brokers (of which we are aware) that are regulated in another jurisdiction and currently accepting U.S. clients include:
Please note that we are not lawyers and are not attempting to provide legal advice. Do your own research.
The truth is that basically any company can randomly set up and launch a binary options trading platform. But the most reputable binary brokers will ordinarily obtain an actual trading license distributed by a financial oversight commission. At this point in the industry’s history, licenses are being awarded to trustworthy brokers as many national governments are recognizing binary options as a legitimate investment vehicle. A license is essentially a contractual agreement stipulating that the broker must follow a series of rules and oversight regulations that ensure that traders can confidently and reliably use the services provided by the broker. These may include receiving withdrawals in timely fashion upon the client’s request and ensuring an overall fair trading platform, including the integrity of price quotes. Breach of these regulations can result in fines, legal problems for the company’s owners, and revocation of their licenses. Binary options traders should always strive to do their business at a broker that has a license from an oversight commission for their own safety and to sharply limit the chance of becoming a potential victim of fraud and general business misconduct. That, of course, goes for all traders, U.S. or otherwise. With some level of regulation finally becoming common in the industry, all traders should take advantage by doing business only with regulated brokers.
Binary options trading has regulation in several jurisdictions with reputable financial oversight commissions The current countries offer regulation and their corresponding oversight body include:
- United States with the CFTC;
- United Kingdom (FCA);
- Cyprus (CySEC);
- Japan (JFSA);
- South Africa (FSB);
- Belize (IFSC); and
- Malta (MFSA).
At the moment, you should probably not want to trade with any broker that was not licensed by one of these governing bodies. Obtaining a license within the aforementioned countries will grant the broker permission to operate within their jurisdiction. For instance, if a broker cannot obtain a license from the CFTC, then they may not be willing to accept U.S. traders as clients on their platform. Nonetheless, even if a broker doesn’t have regulation with the CFTC, that doesn’t mean that would be illegal for U.S. clients to trade on their platform. Having said this, it may be illegal under US law for the platform to be accepting traders from the USA: the CFTC have just filed a civil complaint against Banc de Binary.
There is no law within the U.S. that currently stipulates that binary options trading is illegal in the United States. If a broker does not have a license, yet it still accepts U.S. clients, then U.S. residents are still able to trade on its platform. Clients will simply will not have their trading safety and security ensured by a licensing agreement that they would with a CFTC regulated broker.
That said, if you are a U.S. resident, you do not necessarily need to do business with binary options broker regulated by the CFTC to obtain the benefits of regulation. The simple truth is that with the trading laws that exist within the U.S., it is very difficult for an offshore broker to obtain a license from the CFTC. This may change in the future if laws are revised. In the event of that occurrence, offshore brokers who are almost certainly likely to be licensed in another jurisdiction already will be able to obtain a CFTC license, as well.
Trading with a legitimate broker that has any type of license within a reputable jurisdiction (e.g, Cyprus (CySEC), UK (FSA)) should be perfectly okay. Even if you are trading with a broker that does not hold a license from an oversight body within your country, these commissions will provide regulation benefits to all traders equally. If, for example, you are from Italy or Canada, and trade with a broker with CySEC regulation, you would be just as protected as a trader from within Cyprus.
U.S. traders may wish to find a broker that has a license provided by a regulatory body from a European Union member state, like Cyprus (CySEC) or the United Kingdom (FSA). These oversight bodies provide just as much, if not more, trader protection than the CFTC would. But in general, a broker that is licensed within any of the reputable jurisdictions mentioned above is perfectly suitable to do business with. From there, you can move into some of the more specific criteria that you might have for broker selection, including assets traded, multiple expiration times, pay-outs, bonuses, maximum and minimum trade sizes, platform software, and general website aesthetics.
Response from MarketsWorld.com:
Our legal advisors have determined that the kind of online betting offered by MarketsWorld is not prohibited by US law which prohibits online casino gambling operations such as card games, sporting contests and games of chance. Whereas the fixed odds betting on the financial markets as offered by MarketsWorld is not prohibited.
MarketsWorld were careful to undergo the strict regulatory process to become properly licensed in the Isle of Man, Great Britain prior to launching our binary options platform pursuant to legal advice and opinions that because we became properly licensed and regulated in advance of trading our binary platform is legal worldwide including within the USA.
Had MarketsWorld traded prior to becoming properly licensed then this would have been illegal in the USA and elsewhere which is why we got our license to operate beforehand, which truly sets our binary betting platform apart from the rest of the field. Under the current law our platform can legally operate in the USA.
MarketsWorld is proud that we pay out the highest rates of return in the online binary options industry, up to 95% revenue per ITM trade, and that we are a British licensed and regulated binary options platform.
Banc de Binary, a broker that was formerly popular with U.S. residents, is no longer an option. Of course, any of these brokers may leave the U.S. market in the future, while many others, including already-existing brokers, may begin or resume taking U.S. clients. 24option and Anyoption have indeed stopped accepting new U.S. traders.
If you are a U.S. trader and know of or have traded with (and received favorable service) a regulated broker not on this list, please let us know in the forum. If you disagree with anything said please also let us know.