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Binary trading has grown from something that was dreaded to a more respectable work-from -home business. Over the past few years, it has grown to be a huge, respected, and profitable way to make money online. This form of trading which was once a small, obscure section of the market has turned out to be a market that is creating good number of independent work-from-home mums and dads every year.

Of course, binary option trading is still developing; it has not reached its full potential yet. The amazing thing is that with so much benefits binary option trading offer at the moment, one cannot help but to wonder what it will be like when it finally reach its full potential.

One important factor to look out for when you decided to start making money from binary trading is the binary option broker you choose to invest your money with. There are still some brokers that are behind the times, and should be avoided. You need to be very careful where you invest your money if you want to make profits and withdraw your earnings safely.

In this article, I will take a look at what you should look out for when searching for the best binary option broker.

What To Look Out For When Searching for a Broker?

A lot of things are changing in regards to the way we trade binary options. You can only know a good broker by their ability to adapt to these changes and offer customers various options in every situation. One of such features that have changed with years is the amount of signal services that are provided as best brokerwell as the use of mobile application in trading of binary options.

When you have decided to start trading binary options, you need to ensure you choose a top binary option broker; this is the only way you can help yourself succeed in this journey. Even an expert trader can lose money if he chooses a bad broker. The increased freedom in choice of asset, extra couple of percentage points in rates of return, and the specialized exotic options all work together to give you a better chance of making money with binary options trading. Choosing a good site can help you increase your profit rate.

Here are what to look out for when searching good binary options brokers:

Regulations

It is important to ensure that the broker you choose is being regulated by a trusted binary options regulatory body. You need to confirm this before investing with any broker. You are taking a huge risk when you invest your money with broker without knowing if they are regulated or not. A lot of binary options brokers that are involved in binary scams are those that are not being regulated.

You can go to these sites to check out if your broker is regulated or not;

  • Australia – Australian Securities and Investments Commission – http://www.asic.gov.au/
  • Canada – Investment Industry Regulatory Organization of Canada (IIROC) – http://www.iiroc.ca/
  • Cyprus – Cyprus Securities and Exchange Commission – http://www.cysec.gov.cy/
  • Czech Republic – Czech National Bank (CNB) – http://www.cnb.cz/en/
  • Denmark – Finanstilsynet (The Danish FSA) – http://www.finanstilsynet.dk/da/
  • Estonia – MTR Majandus – https://mtr.mkm.ee/
  • France – Banque de France (BDF) – http://www.acpr.banque-france.fr/
  • Germany – Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) – http://www.bafin.de/EN/
  • Hungary – Pénzügyi Szervezetek Állami Felügyelete (PSZÁF) – http://www.mnb.hu/
  • Italy – Commissione Nazionale per le Società e la Borsa (CONSOB) – http://www.consob.it/
  • Japan – Financial Services Agency – http://www.fsa.go.jp/en/
  • Malaysia – Securities Commission of Malaysia – http://www.sc.com.my
  • Netherlands – Netherlands Authority for the Financial Markets (AFM) – http://www.afm.nl/
  • Russia – Financial Market Relations Regulation Center (FMRCC) – http://fmrrc.ru/en
  • Singapore – Monetary Authority of Singapore – http://www.mas.gov.sg/
  • Spain – Comisión Nacional del Mercado de Valores (CNMV) – http://www.cnmv.es/
  • Slovakia – National Bank of Slovakia (NBS) – http://www.nbs.sk/
  • South Africa – Financial Services Board (FSB) – http://www.fsb.co.za/
  • Sweden – Finansinspektionen (FI) – http://www.fi.se/
  • United Kingdom – Financial Conduct Authority (FCA) – http://www.fsa.gov.uk
  • United States – U.S. Commodity Futures Trading Commission – http://www.cftc.gov

The Company Capitalization

A company needs enough capital to run a sustainable business. The market capitalization of any brokers acts as its backbone. The capitalization will serve as a guarantee that your money will return in the case of a bad business scenario such as bankruptcy. One way to know a company that is capitalized is to check if they are regulated. The regulatory bodies mentioned above will not shortlist any company that does not have enough capital to sustain its business. In the United States, binary regulation requires companies to have at least $20 million in capitalization before they can be allowed to operate.

It is always a very good idea to ask the brokerage you are trading with the information regarding their capitalization. It is the best way to ensure that your money will be safe.

Trading Platforms

Without a good trading platform, you will continue to lose money with a broker. A good broker needs to have a flexible platform for a trader. The two types of keysplatforms brokers offer include a web-based and non-web based platform. A web-based platform allows traders to log into brokers site anytime they want to trade. A non web-based platform requires the trader to download a software on desktop. The trader can only use that particular desktop when he wants to trade. Another trending way to trade in recent years is through mobile applications which allow traders to trade with their smartphones and devices. A good broker should be able to offer you different options on how you can trade with them.

Incentive and Bonuses

With a lot of competition between various brokers, it becomes important that brokers offer traders various degrees of incentives and bonuses in order to keep their loyalty. Before signing up with any broker, take time to check out the incentives and bonuses they can offer you if you choose to invest with them. Some brokers will offer you demo account, a certain percentage on your first deposit, and other sorts of bonuses. However, be careful when looking at these incentives and bonuses, some of them carry hidden charges that you may not notice at first glance.  Before you get too delighted by the offers, you should ensure you understand the rules and conditions attached to them.

Customer Assistance

Every good broker must make it very easy to ask and receive help especially by their customers. You need a broker that offer 24/7 customer support through various means such as email, phone call, social media, live chat, video tutorials, and knowledgebase feature. Some top brokers have account managers that personally assist top traders with their strategies and techniques. Some also offer traders tutorials and powerful tools to guide them. Finally, a good customer service should support as many languages as possible.

Top Binary Options Brokers 2016

Here are some recommended binary option brokers so far in 2016:

street view

  1. 24 Options
  • Minimum Deposit: $250
  • Demo: Yes
  • Payout: 85%
  • Bonus on Deposit: 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: No
  1. Banc De Binary –
  • Minimum Deposit: $250
  • Demo: Yes
  • Payout: 85%
  • Bonus on Deposit: up to 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: No

See the Complete Review

Banc de Binary is regulated in Europe by the Cyprus Securities Exchange Commission (CySEC) under license no. 188/13 since 2013. They are also registered with the FCA in the United Kingdom and with CONSOB in Italy.

This warning is visible to all in Banc De Binary website: “HIGH RISK INVESTMENT WARNING: Trading Binary Options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading Binary Options. Please Click Here to read our full Risk Warning.” THIS IS SOMETHING I ALWAYS CHECK FOR ANY BROKER, THIS WARNING IS A SIGN OF TRUST AND YOU SHOULD KNOW THIS BEFORE DEPOSITING ANY MONEY. THIS IS THE TRUTH FOR ANY BROKER, REGULATED OR NOT, AND I HAVE ALSO MY OWN WARNING FOR YOU HERE. But do not worry, Binary Options works like this and that is why the very high potential profits. HERE IN MY SITE YOU HAVE THE TOOLS TO MANAGE THAT RISK AND MAKE IT WORK FOR YOU.


Banc De Binary has an Education Centre where you have free access to training to Learn Binary Options. Several options include: Binary Options Online Trading, What Is A Bear Market?, What Is a Bull Market?, Why You Should Be a Disciplined Trader, Regulated Brokers, Understanding Binary Trading, Five Facts About Binary Trading, How to Choose a Broker, How to Choose Assets to Trade and Tips to Rule Your Trade. I highly recommend to go through all these, because the more you know the higher your chances will be. I have mentioned many times, Binary Options trading is not “gambling”, it requires knowledge and preparation. All the brokers recommended in my site have an extensive library and training alternatives. BancDe Bionary is not the exception. But there is more, Trader’s Guide to Binary Options Trading Platforms, Pairs Trading Platform, Binary Options (Classic), 60 Seconds Trading Platform and Long Term Platform. I am sure you will have a lot of fun with this Broker. Here you have all you need.

  1. Finpari
  • Minimum Deposit: $100
  • Demo: No
  • Payout: 90%
  • Bonus on Deposit: 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: Yes
  1. Porter Finance –
  • Minimum Deposit: $200
  • Demo: Yes
  • Payout: 83%
  • Bonus on Deposit: 200%
  • Regulated: Yes
  • Customer Service: Satisfactory

Porter Finance is the web’s fastest growing binary options trading platform, offering an unmatched 1500% rate of returns on maximum returns on digital options. With a fast learning curve, user friendly interface and excellent customer support, Porter Finance offers its traders the best online trading experience on the net. The binary options platform offers a wide variety of currencies, stocks, commodities and indices to trade binary options. In total, Porter Finance offers well over 100 different assets for trading options of all types. Offering one of the most comprehensive trading platforms, every investor is sure to find what they are looking for at Porter Finance.

The company was formed on the principal that knowledge is power and though knowledge comes success. Launched in 2014, the company prides itself on excellent service and guarantees the best environment for success to our traders passing on our knowledge to traders in order to maximize their trading potential.

education-porter-finance

Using the interface is as easy as deciding whether an asset will rise or fall in the selected time frame and traders can earn big profits on small market movements. The expiry periods offered range from 30 seconds to 6 months and the platform is not only easy to use but extremely profitable. Try Porter Finance today and experience the world of binary options like never before.

See the review here

Please let me know if you have any comments or question about this broker
porter-finance

  1. MarketsWorld -e
  • Minimum Deposit: $20
  • Demo: Yes
  • Payout: 95%
  • Bonus on Deposit: 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: Yes
  • Us-Friendly: Yes
  1. Nadex
  • Minimum Deposit: $100
  • Demo: Yes
  • Payout: 90%
  • Bonus on Deposit: up to 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: Yes

 

  1. Trade Thunder
  • Minimum Deposit: $200
  • Demo: Yes
  • Payout: 90%
  • Bonus on Deposit: up to 100%
  • Regulated: Yes
  • Customer Service: Satisfactory
  • Us-Friendly: Yes

Conclusion

The best way to make sure your money is safe is to choose a broker carefully. There are facts and information regarding every broker, do adequate research to know what is true and what is false before investing with any broker. Each broker has its own advantages and disadvantages but doing your homework will help you find a broker that will work for you and your money.

Any comments or Questions ? Please let me know

Cheers

LO. Diaz