Best Binary Options Brokers 2016
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Best Binary Options Brokers:
Once you’ve decided to start trading binary options, the next step is to look for a binary options broker.
Our trading editors at BinaryOptions.net have announced the top 10 binary options brokers for 2016. We’ve rated these brokers based on their account features, customer support, withdrawal times and payout percentages.
Top 10 Binary Options Brokers List:
- Markets World Review
- OptionBit Review
- 24Option Review
- Binary.com Review
- Top Option Review
- StockPair Review
- Optiontime.com Review
- Core Liquidity Markets Review
- 24 Winner Review
- OneTwoTrade 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
- Binary Options Brokers That Accept Bitcoin
- Minimum Deposit Binary Options Brokers
- No Deposit Bonus Binary Broker
- Binary Options Brokers Where I Can Trade 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.
- 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 or watch this video which outlines some tips on how to open an account and deal with 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 broker.
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 2016. 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 2016. You need to visit their website to understand what binary options trading is all about.
Binary Options Trading in 2016
Binary trading in 2016 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.