Binary Options Education

Brokers with the best binary options educational resources help new traders understand the popular all-or-nothing style of trading. The top learning tools unpack strategy examples, explain how to manage risk, and share tips for finding user-friendly trading platforms.

This guide looks at the different ways you can learn about binary options, from training courses and specialized books to free information available to download online.

Start your binary options education today.

We recommend that you start by reading our step-by-step guide to starting binary options trading. Start with step one and do not move on to the next step until you feel you have understood and know how to implement that step. Keep studying like that until you have gone through the entire step-by-step guide. Use a demo account when suitable to help you understand and gain practical experience of the lessons taught in each step.

1. Understanding How Binary Options Work
2. Choosing a Market to Trade
3. Analyzing the Market and Identifying Opportunities
4. Developing a Trading Strategy
5. Selecting a Contract Length
6. Executing Trades on a Platform
7. Managing Risk
8. Knowing When Not to Trade
9. Reviewing and Learning from Your Trades
10. Managing Emotions and Building Resilience

Binary Options Education; The Benefits

Binary options traders can improve their win rate by developing and testing strategies, taking a sensible approach to risk, and better understanding the underlying markets they are speculating on. A high win rate is essential to be able to establish a positive expected value and make money over time. The exact win rate required to establish a positive expected value depends on the payout rate on the options you are trading.

Yet as a beginner, knowing where to find reliable information and training materials in these areas can prove challenging. And with a mix of free and paid binary options educational resources out there, where should you start?

To help answer that question, we have tested and reviewed the different types of binary options education available and compiled a list of our top picks.

Educational Resources

Videos

Pre-recorded videos, or lectures, are one of the most popular delivery methods for binary options education. Training videos can vary greatly in content and length. Some lectures will be short and to the point, giving you quick tips, tricks and strategy demonstrations.

Others will be in-depth tutorials with explanations of chart and graph analysis in a particular market, such as cryptos like Bitcoin or precious metals like Gold.

Binary options courses often use lectures to deliver the bulk of their content and may combine these with other delivery methods. But while several binary options course providers offer lectures, beginners can also find similar educational materials on video streaming sites such as YouTube, often for free.

YouTube

YouTube is home to a large number of binary options channels and videos. You can choose among several hundred different channels to find one that you like.

Please note that many Binary Options YouTube channels are scam channels designed to trick you into trading. Either by scammy brokers or by opportunistic YouTubers who try to earn an affiliate commission. Always be very wary of all binary options YouTube channels

• NTrade is one popular YouTube channel with short, bite-sized videos for binary options traders. However, this channel tends to over-romanticize trading a little bit and push the rich lifestyle too much. We do not feel that they reflect the risk and downside of binary options enough.
• Jeremy Cash is another well-known source. But this is another channel that romanticizes binary options trading too much and makes it seem like a get-rich-quick solution.

Both these channels can teach you a lot, but it’s important to not get over-hyped and believe that binary options trading is easy. Binary options trading is not easy, nor is it an easy way to make money.  To consistently make money on binary options trading requires dedication and devotion.

The benefit of going to online videos for your binary options education is that you can watch at your own leisure, re-watch content, and practice what you learn on a demo account at the same time.

The downside is that you often won’t be able to ask questions of the instructor, meaning you will have to look elsewhere to answer any questions you may have.

Webinars

Webinars are a form of binary options education that are essentially live online presentations delivered by a teacher, typically an experienced trader. These are usually interactive, allowing aspiring binary options traders to ask questions and answer polls live. This is useful if you want to learn a new strategy and need pointers on setting up trades.

Nadex is one of the top binary options brokers that run webinars to help up-skill new traders. Investors can also make use of the broker’s archived webinars, which are available to download and watch online.

There are also a lot of third-party webinars. The downside with these  is that they are often expensive or designed to sell you products, get you to register with certain brokers, or otherwise control your behavior in a way that benefits the people holding the webinars.

Books & Articles

Written formats are another popular form of binary options education. You can find articles on almost anything relating to binary options, and even learn how to trade binary options from scratch.

Many websites (like this one) provide free access to articles teaching both prospective and professional traders all they need to know to get started with binary options. From digital contract broker reviews to strategy and technical analysis rundowns, articles can introduce you to a wide range of binary options topics.

Educational books, especially those written by successful investors, can also provide a deep understanding of different concepts, markets and strategies that you can implement. This kind of long-form written material may take longer to get through, but it will often go into more depth on a specific 1-minute strategy, for example.

Some of our favorites include:

• Binary Options Unmasked by Anna Coulling
• Binary Options: Fixed Odds Financial Bets by Hamish Raw (Cover shot below)
• Binary Options: Powerful Strategies To Dominate Binary Options by Jordon Sykes

Educational Resources

Courses

Binary options courses vary greatly in the experience levels they are suited to, the amount of content they provide, price and quality. Most lessons will give a brief summary of the content they teach, so find one that covers the specific binary options education material you are interested in learning, whether that be the basics of price action or sophisticated, automated strategies.

Binary options lessons are available on many different websites.

• Udemy is an e-learning platform that allows teachers to publish training materials and sell them to members. There are a huge number of lessons available for aspiring binary options traders, including Binary Options For Beginners and Binary Options: Trading Strategies, 90% Accuracy and Signals.  Udemy is, as mentioned, home to a lot of binary options courses.  Some of them are good, but there’s also a lot of bad courses. It is, therefore, important to pay attention to the star rating. Those with low ratings or few reviews may not provide accurate or up-to-date information, potentially teaching you bad habits or sharing incorrect tips.
• Investopedia is one of the largest investing education sites. They also used to offer training materials on its Investopedia Academy site that was closed in 2025.  One of the courses offered was the Binary Options Trading Course costing $199. Its content covered the fundamentals of binary options, as well as detailing common pitfalls, trading strategies, profit-maximizing market conditions, price action and chart analysis, and more. It contained over 40 on-demand video lessons accompanied by exercises and interactive content, and once paid for, you gain lifetime access. But this course is no longer available on Investopedia or elsewhere.

Demo Accounts

One of the best binary options education resources is a practice account. These can be used alongside other learning channels to learn by doing.

Beginners, in particular, can develop and test strategies, try different types of binaries, expiry times, underlying assets and more  without risking losing any real money. Paper trading accounts essentially replicate real market conditions but with a virtual bankroll, provided by the broker. Binary options demo accounts can also be a great way to test out a potential platform and provider.

It is important to remember that pricing does not always work exactly the same on demo accounts and real accounts. It is therefore essential to be careful when you first start out using a strategy on a real account since the result might vary slightly from the result you saw in the demo account.

The best binary options brokers with demo accounts include Quotex, VideForex, and Pocket Option.

Below you can find a list of brokers that offer free bonus accounts.   Please note that some of the brokers might be offshore brokers.  Read more about why we recommend offshore brokers despite the risk they pose in our policy on unregulated brokers.

	Broker		Min Deposit	Expiry Times
	IQCent		$250	5 seconds - 1 month	» Visit
	Capitalcore		$10	1 minute - 1 hour	» Visit
	Videforex		$250	5 seconds - 1 month	» Visit
	CloseOption		$5	30 seconds - 1 month	» Visit
	RaceOption		$200	5 seconds - 30 days	» Visit
	AZAforex		$1	30 seconds - 1 day	» Visit
	Binarium		$5	60 seconds - 3 months	» Visit
	Dukascopy		$100	3 minutes - 1 day	» Visit
	BinaryCent		$250	5 seconds - 30 days	» Visit
	World Forex		$1	1 minute - 7 days	» Visit
	Pocket Option		$5	3 seconds - 1 month
	Deriv		$5	15 seconds - 365 days
	Quotex		$10	5 seconds - 4 hours
	IQ Option		$10	60 seconds - 1 month
	OlympTrade		$10	5 seconds - 23 hours
	GC Option		$10	1 minute - 48 hours
	ExpertOption		$10	5 seconds - 24 hours
	Binomo		$10	1 minute - 60 minutes

Best Binary Options Brokers

Top Broker Visit

Pricing – Free Vs Paid

While there is a wealth of binary options education resources on the internet, not all are created equal. It is easy to think that the quality of a course would be reflected in the price, but that is far from always the case. There are good resources that are available for free or for a low cost.  And some of the more expensive courses are bad and are only designed to trick people out of their money.  In fact, some of the most expensive courses are designed to attract and scam more wealthy people into losing their money trading binary options using techniques that will not be profitable.

It is therefore very important to not look just at the price, but also at what the course actually contains and what other people have to say about it.

Paid resources

Paid-for resources are often, but not always, provide greater detail than free binary options education. However, most if not all information you can find in paid-for sources is also available for free if you are willing to look around and read all you can find online. In fact, you can find most of the information that is available if you read through everything you can find on our site.

Course creators are incentivized to produce higher-quality and more than anything, better structured content than those available for free to attract buyers. This could mean more insights into particular binary options strategies and markets, or insights into pitfalls and mistakes seasoned traders have made.

However, if you are a binary options beginner or an intermediate trader looking to brush up on your knowledge and learn new investing systems, then free content may well suffice.

If you are looking to take a deeper step into binary options trading, then opting for a paid course may be more beneficial. They are more likely to provide one-on-one support and assistance along with the resources offered. Prices can vary widely, from as little as £19.99 up to and beyond £300 at leading providers like Udemy.

Binary Options Education For Beginners Vs Experts

The sheer volume of binary options education material can seem overwhelming, especially to those new to this all-or-nothing style of trading. With that in mind, it’s important to choose content that aligns with your level of experience.

• Beginners – If you are completely new to binary options, we recommend starting with the free content available online. You can learn a lot from articles, YouTube videos and webinars from binary options brokers like Nadex.
• Intermediates – If you are fairly confident with the fundamentals, you are likely to already have an idea about the areas that you want to improve on. For many intermediate investors, this may involve learning techniques to better understand charts and graphs. Traders may want more detailed information about price action on their chosen asset class. A good place to start for intermediates looking to hone their skills is their binary options broker. Some of the top binary options brokers that provide educational resources, such as Pocket Option, Expert Option, Alpari and Nadex, offer written materials and filmed tutorials as well as live webinars led by experts.
• Experts – If you already have a deep understanding of binaries you may be on the lookout for binary options education resources that sharpen your skills and increase your win rate. One of the best sources for this is other binary options traders, who are often happy to discuss their strategies on communities online. Advanced ebooks and paid lessons may also benefit more experienced investors who are looking to gain in-depth knowledge in a specific aspect of binary options trading. One of our top picks for seasoned binary investors is Binary Options: Fixed Odds Financial Bets, by Hamish Raw.

Starting Your Binary Options Education

Education and learning are key to improving as a binary options trader. The more you understand market conditions, price action, trading psychology and strategies, the more likely you will stay in the money in the long run. Use our guide to find a type of binary options education that suits your learning style and budget. Alternatively, head to our list of binary options brokers with the best education resources in 2025.

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