Binary Options Broker Awards For 2025
We retested every firm in our active binary options broker database in 2025 and compiled our findings, alongside feedback from other traders, to create our broker of the year awards.
2025 was a year of change for many binary providers. Some firms shut their doors, while others rolled out new product upgrades, including TradingView charts, bespoke options products, and AI trading tools.
Below we reveal the winners and runners-up in each award category. Feeding into our decisions were the results of our extensive tests, which blend hard data with the firsthand observations of our experienced team, as well as user reviews from fellow binary traders.
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Best Overall Binary Broker
Winner: Pocket Option
Runner up: Deriv
Pocket Option scooped our best overall binary broker accolade. A wider range of expiry times, an expanded selection of tradeable assets, and an ‘AI Trade’ feature all elevated the trading experience in 2025. It also scored the best for transparency in our payout tests, while our testers enjoyed their time using the web-accessible trading platform, earning it the top spot.
Deriv came a close second, providing unique options products traders can’t find elsewhere, while its app delivered a terrific mobile trading experience in our last tests. Deriv also remains one of the longest-standing providers in the binary industry.
Most Trusted Binary Broker
Winner: Deriv
Runner up: Dukascopy
Deriv stood out as the most trusted binary options broker operating in 2025. Operating for more than 25 years and having attracted over 3 million traders, it’s one of the best-known brands in the binary space. Earning the confidence of our team year after year, it’s a dependable choice.
Dukascopy also stands out in the crowd of mostly offshore binary providers with its status as a brokerage and bank, with its banking activities licensed by the FINMA in Switzerland – a ‘tier 1’ agency in our regulator database.
Best Market Offering
Winner: Pocket Option
Runner up: Deriv
Pocket Option offered the largest selection of binaries of any provider in 2025, with over 180 tradeable assets. This includes a particularly strong suite of 60+ forex pairs and 20+ prominent equities, including big US technology stocks like Apple. A wide range of US, European and other global indices also provide opportunities spanning various regions.
Deriv also stands out for its unique product line-up, which alongside traditional binaries on popular markets, include derived indices, lookbacks and call/put spreads that cater to diverse trading strategies.
Best Payouts
Winner: Pocket Option
Runner up: ExpertOption
After running an exercise in 2025 to compare advertised maximum payouts with the live payouts we observed in platforms across four popular assets (EUR/USD, S&P 500, Gold, and Bitcoin), Pocket Option came out on top, with just a 2% variation during peak sessions, and potential payouts exceeding 90%.
Expert Option also impressed in this category, with a 1–4% variation between advertised and observed payouts during peak hours in our 2025 tests, making it one of the most transparent platforms for payout reliability.
Best Range of Expiry Times
Winner: Pocket Option
Runner up: Deriv
Pocket Option now offers the shortest binary contracts of any provider, expiring after just 3 seconds, making it a standout option for ultra-short-term traders. In total, there are 9 standard expiries to choose from in the platform, or you can toggle the manual timer expiry.
Deriv also caters to a wide range of binary traders with contracts that last from 15 seconds up to 1 year – the longest we’ve seen at any firm.
Best Binary Trading Platform
Winner: Capitalcore
Runner up: IQCent
Capitalcore has clearly invested in its trading platform, featuring a slick, dark-themed interface that can be accessed directly through browsers. It now packs a punch in the charting department with over 90 indicators, 5 chart types and 10 timeframes including 1 tick.
IQCent also offers a well-designed platform that impressed our testers in 2025, notably for its customizable interface, distinct design, and TradingView charts that allow for detailed technical analysis.
Best Binary Trading App
Winner: Deriv
Runner up: AZAforex
Deriv runs a fast, reliable app for Apple and Android users. Binary traders can expect interactive charts, integrated support, and immediate execution. 2025 saw the Deriv GO app benefit from interface upgrades and bug fixes, earning it a 4.3/5 on the Apple App Store by the end of 2025, while it’s been downloaded more than 1 million times from Google Play.
AZAforex also delivers for mobile traders as one of the few binary providers to offer a standalone mobile app compared to most mobile-optimized web solutions. It enables chart analysis and straightforward order management with an easy-to-navigate mobile interface for new clients.
Best For Product Upgrades
Winner: Pocket Option
Runner up: RaceOption
Pocket Option had a busy year in 2025, introducing a raft of tradeable assets, a wider range of contract expiries for shorter-term trades, plus an ‘AI Trade’ feature that automatically scans the market and acts on opportunities. While the AI feature especially remains fairly novel and doesn’t guarantee profits, it does demonstrate the firm’s commitment to working with the latest technology.
RaceOption also made strides to improve the binary trading environment for its clients with ‘Hype’ and ‘Pool’ contracts that offer high potential payouts and an opportunity to trade trending topics and events, such as Trump and Musk.
Best In Comprehensive Binary Trading Experience
Winner: IQCent
Runner up: Pocket Option
IQCent offered the most comprehensive binary trading experience we saw in 2025, catering to beginners through to experienced traders, and active traders through to hands-off traders. Users can access weekly contests, copy trading, courses, plus integrated market analysis to inform decisions. All of which reduces the need for traders to turn to third-party resources.
Pocket Option also provides a 360 trading environment with trading tournaments, signals and social trading, plus an achievements system that rewards loyalty with perks and improved trading conditions.
Best Customer Support
Winner: IQ Option
Runner up: ExpertOption
IQ Option offers the most reliable customer support for binary traders based on the customer service tests we put every broker through in 2025. It scored 9/10 with response times of 2 minutes via chat and 45 minutes through email, with helpful responses that resolved our queries.
ExpertOption also performed notably well in our 2025 customer service tests, with response times of 3 minutes through chat and 50 minutes on email, giving active traders peace of mind.
