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Binary Options Brokers Reviews

Below you'll find our binary options brokers ranking. This binary option broker comparison is the result of a thorough review of each binary option broker in the ranking list, in which we looked at questions like 'which binary options brokers are regulated', 'which broker gives the best bonus', 'what kind of features does the platform of a particular broker offer', 'how many tradable assets does a broker offer', etc.

Though this ranking knows a first and last place, chosing a binary options broker also depends on specific preferences you may have as a trader. The aim of this binary options broker review page is therefore to give you more insight into some of the most popular binary options brokers and to help you chose the one that is best for you.

Binary Option Broker	Summary	Bonus	Rating
	Topoption offers 180+ different assets in stocks, currencies, commodities and indices. Free e-book on binary options. Regulated by CySec.  Topoption review	100% with deposit of $500	9.5
	Anyoption was one of the first binary option brokers. Offers 120+ different assets in stocks, currencies, commodities and indices. Regulated by CySec. Anyoption review	20% over first deposit	9.2
	Stockpair offers 150+ assets, predominantly stocks but also some currencies and indices and a few commodities. Has own trading platform. Regulated by CySec. Stockpair review	up to 100% over first deposit	9.1
	Traderush offers 100+ different assets in stocks, currencies, commodities and indices. The first binary option broker to offer 60 second options. Regulated by CySec.  Traderush review	up to 75% over first deposit	8.5
	Banc de Binary offers 90+ different assets in stocks, currencies, indices and commodities. Regulated by CySec. Banc de Binary review	25% over first deposit	8.0
	Cedarfinance offers 60+ different assets in stocks, currencies, indices and commodities. Free e-book about binary options for new traders. Not regulated. Cedarfinance review	100% over first deposit	7.0

Bonuses offered by binary options brokers are normally instant, meaning you can trade with them right away, although of course you still have to trade a certain volume to be able to withdraw the bonus. Some brokers offer relatively large bonuses, others provide something extra in educational material or excel in the number of tradeable assets they offer.

At the binary options brokers review page of each broker we look at the number of tradable assets offered, what kind of bonus is offered and what the requirements are for withdrawing the bonus, ease of use of the trading platform, the quality of the customer service and how easy it can be reached, the conditions for depositing and withdrawals, whether or not a broker is regulated and other things.

The binary broker reviews are meant to give you a quick overview of the pros and cons of a particular broker, also when compared to other binary brokers. 

As said, 'the' best binary options broker doesn't really exist, because different traders have different needs and what is very important for one binary trader might not be that big of a deal to another. What we tried to do was give you a comparison based on criteria most traders find important when looking for a binary options broker, things like regulation, customer service, the number of tradable assets and things like that. And when doing this, a clear ranking did surface. 

One of the reasons for instance why Topoption came out on top as the best binary options broker, was that it was regulated from the get-go and is owned by the same company that also owns Markets.com, a successful forexbroker. Trading software and customer support also jumped out at Topoption.

In the coming months we will review more binary option brokers and add them to this binary brokers ranking list.

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Anyoption Review

Anyoption, launched in 2008, is one of the first binary options brokers as well as one of the largest. Anyoption offers a wide variety of currency, stocks and indices to trade in. Trading in commodities is also possible, but the number of available commodities is somewhat more limited. In any case, with a grand total of more than 120 different instruments to trade in, anyoption is certainly among the binary option brokers with the most tradable products.

The binary options trading platform of Anyoption is web based, so you don’t need to download any software and Mac users won’t have any problem using the platform.

Anyoption was also the first binary options broker to come out with its own binary option app for smartphones. There is an Anyoption app for both iPhone and Android, with which you can trade in binary options and check your positions etc. on the go.

Promotions

Anyoption offers a welcome bonus of up to 20% on the first deposit. As usual the bonus has to be traded ‘free’ first, meaning you have to trade a certain number of positions - dependent on the height of the bonus - before you can cash out the bonus. If you withdraw funds from your account before the bonus requirements are met, the bonus is deducted. This is normal practice when it comes to binary option bonuses.

Trading Platform & Features

The binary trading paltform of Anyoption is web based. It offers all the usual features, such as:

One-Toch Trading, where the objective is for the trading instrument to merely touch a certain price level, not to break it.

Take Profit, allowing you to lock-in profit before the option’s expiration time.

Roll Forward, allowing you to increase the run time of the binary option

We also found it convenient that you can receive the outcome of binary option trades of +$100 free of charge over SMS.

Another fun option is that you can post great (or terrible) trades on Facebook or Twitter, so others can applaud (or boo) your trading skills.

Deposit & Withdrawal

Anyoption offers credit card options, wire transfer, Skrill (Moneybookers) and several local payment options for funding your account. Withdrawals are however limited to credit cards and wire transfer.

You can withdraw without additional cost once per month. For additional cashouts a fee of around $30 is charged, to cover the broker’s transfer costs. It is therefore advisable to keep your withdrawals limited to once a month.

The minimum deposit is $100, the smallest trade is $25 and the maximum account size is $5,000.

Customer Service

Anyoption’s customer service is available 24/7 through chat, email and phone. You can also request a callback.

Regulation

Anyoption is operational since 2008 and is being regulated by the Cyprus Securities and Exchange Commission (CySec), under license no. 187/12.

Conclusion

Anyoption is one of the oldest binary option brokers, clearly regulated and with a wide variety of tradable instruments on offer, which is obviously one of its main strengths. The mobile application works well, while the trading features are comparable to those of other binary option brokers.

With 20%, the welcome bonus is a little small compared to those avaialable at some other brokers, but since you have to free up a bonus first anyway, too much focus on a bonus is never advisable.

We thought it somewhat confusing that you can deposit with Moneybookers but not withdraw to it, though we do not consider it a big issue. Same for the fact that you can only withdraw free of charge once a month, though it is important to note.

The customer service was helpful and very easy to reach, and we also liked the callback service.

In short, if you’re looking for a reliable broker with a large number of tradable assets and excellent customer service, you can’t go wrong with Anyoption.

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Banc de Binary Review

Banc de Binary is a binary options broker that has been active since 2009. It was also one of the first binary options brokers to be regulated, in this case by CySec.

BnB offers 90+ tradable assets, in forex, stocks, commodities and indices. Its offer in the number of commodities is above average compared to other binary options brokers, while its offer in forex pairs is a little below average (though the most important currency pairs are all there)

Banc de Binary offers several different ways to trade binary options. It also offers a variety of educational information and has a 24/7 customer service, never a bad thing in today’s fast-paced world.

The minimum deposit is $250 and the welcome bonus an instantly available 25% over your first deposit.

Promotions

Banc de Binary is relatively generous when it comes to bonuses compared to some other binary options brokers. This is mainly because they not only offer a 25% welcome bonus on the first deposit but also regularly come out with a reload bonus for existing clients, for instance when important economic events are on the roll. Traders that deposit regularly are also offered a reload on a frequent basis.

The bonuses are instantly available for trading, but you do have to ‘free’ it by trading before you can cash it out. That means you have to trade a volume of $20 for every $1 in bonus. So if you open a binary option position of $100, you free up $5 of bonus available for cash out. These trading requirements are better than average, since most brokers require a volume of 30x or 40x.

Trading Platform & Features

The binary trading platform of Banc de Binary is web based. It offers five different ways to trade binary options:

Digital Options Pro, whereby all options expire after 15 minutes. If you wish you can be notified by email of the status of the trade.

The Options Builder, meant for more experienced traders, because it allows for more customization. Think run time, risk level and of course also what kind of tradable asset. It is also possible to add an insurance when during run time of the option you think the chances for the option to expire in the money have declined.

One Touch Platform, which is about the asset reaching a specific strike price. If you’re right, the payout can go as high as 500%.

60 Seconds, for binary options with a run time of only 60 seconds. Fun (for some) and can have its uses when an asset is in the middle of a rally or free fall.

BinaryMETA, allowing you to sell your binary option before expiration or double down on one that is going in the right direction.

Banc de Binary also offers a demo account, but only after you have first deposited a minimum of $250. If you wish you can still withdraw that $250 right away though, BdB simply wants to prevent people who never have the intention of opening a real account from using the demo platform.

Deposit & Withdrawal

The minimum deposit at Banc de Binary is $250. Depositing is possible with a credit card, through Skrill (Moneybookers) and by wire transfer. Customer funds are insured until up to $250,000.

Banc de Binary does not charge customers for withdrawals.

Customer Service

The customer service is available 24/7 through chat, email and phone.

Regulation

Banc de Binary is operational since 2009 and is being regulated by CySec in Cyprus.

Conclusion

Banc de Binary is one of the better binary options brokers. It was one of the first binary options brokers that opted for being regulated, offers a decent variety of tradable assets and has a good customer service.

Another advantage is that BdB does not charge customers for withdrawals, unlike several other brokers.

We did not like the fact that you have to open a live account and deposit $250 first before you can use the demo account though. After all, it is always nice to try before you buy, even if you can cash out the $250 right away.

The bonus BnD offers is better than those of most binary option brokers, notably because of the frequent reload bonuses.

All in all, Banc de Binary is a good option for those willing to deposit right away.

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