Each year at Binary Options Bonus Guide we do a comprehensive review of the performance and of the many brokers available for online binary options trading. Our reviews are based on a combination of our own tests as well as feedback from actual traders.
The following are the top 3 most reliable brokers going into 2017. They are all large, well established brokers with EU regulation. We have provided a side by side comparison so that you can get a quick glance at the main features of each broker.
Comparison of Top Recommended Brokers
Grand Option has long been known for offering tremendous bonuses to its traders. Recently, the binary options broker was offering an incredible 300% bonus, well beyond what many other brokers offer. One would think that any new offer couldn’t come close to its predecessors. Well, that may not be true.
Currently, Grand Option is offering a brand new promotion – double or nothing for all traders. The bonus is rather simple – when you win a particular trade, you have the chance to double up your earnings on another successful trade, or lose it all.
While the proposition of doubling your earnings is certainly exciting, Grand Option is not leaving everything to chance. The site offers demo accounts with unlimited funds to any trader who makes a minimum deposit with the broker. You will have an unlimited opportunity to try out the system, practice with certain assets and get a hand for the perfect way to win back to back trades.
If that wasn’t enough, Grand Option also offers 1 risk free trade for its traders – to help you practice even more and get a feel for the real trading performed on the site. With the demo account and risk free trade, and the 100% bonus offered for deposits, traders should experience a rather significant level of confidence heading into the double or nothing opportunity.
Grand Option also offers an excellent trading platform for all mobile devices. You can trade from anywhere and give yourself more opportunities to hone your binary options trading skills.
Want to double your money? Open an account at Grand Option and start trading.
One of our trusted binary options brokers, Benedict and Morris binary option (BMB), has been getting a lot of complaints from our followers. We have been getting increasingly more emails complaining about their behavior; our inbox is awash with testimonials about BMB’s fraudulent activity. As the time passed, it looks like this broker became more and more greedy. At this point BMB is not letting its customers withdraw their funds. The broker is recurring to tricks and tactics that scam brokers use in order to cheat customers out of their money. This is why we have decided to add BMB – Benedict Morris – to our fraud list, pending suitable proof of their operations as a legitimate broker.
Various traders from numerous countries have been voicing their concerns, and the pattern in their stories is clear. They have been ignored over and over again by BMB’s support team and all their withdrawal requests have been denied. Moreover, people have complained about their credit-cards being charged without their permission.
Despite our best efforts to receive an official response from Benedict and Morris binary option, our requests have fallen on deaf ears. There are many fraudulent brokers in the binary option business, and we are always trying to stay one step ahead and warn our readers and subscribers against suspicious activity. Unfortunately this kind of behavior is difficult to identify, so we rely on the support of our readers to help us uncover the brokers which are giving the whole industry a bad reputation.
At this point we suggest you start trading with one of our trusted brokers on the list, at least until BMB clarifies its position and addresses the grievances of those who complained. We are asking our readers to stay away from Benedict and Morris (BMB) until further notice.
We will keep updating you as more information becomes available. Please click the button below to find our list of truth worthy brokers.
We have found that many Binary Option traders find themselves in a bad situation with brokers after they receive a deposit bonus. Typically Binary Options Brokers do not allow the trader to withdraw any of their balance, including the deposit, when they receive a bonus until a trading volume of 40 to 50 times the bonus amount is met. What this means is that they are locked in to a hopeless situation. Well, there is a new broker that thinks this is just not right. Launched in June, 2015 TradeThunder has a different idea.
TradeThunder is the first Binary Options Broker based on the revolutionary BX8 platform introduced by Leverate, the leader in the Forex market. This innovative platform contains the regular high/low options as well as One Click Trading which makes trading binary options quick and easy.
TradeThunder has been built with the motto that Customer Service is what it is all about. The customer always comes first.
With that being in mind, TradeThunder feels that the traditional bonus structure is not what is best for the customer. Holding your money hostage just won’t cut it.
TradeThunder’s Easy to use Trading Screen
To address this issue TradeThunder has introduced its revolutionarybonus program. The bonus is released as you trade based on volume conditions but there is no withdrawal restriction. The volume multiple is only 30 times your bonus amount, which is the lowest in the binary options market. That means that your total bonus will be earned after you trade thirty times the bonus amount. However the bonus is released in lots for every three times you trade your bonus amount. Let me give you an example:
If a trader deposits $1,000 and receives a $1,000 bonus it will not be put in the traders account immediately and it will not hold the trader back from withdrawing. Every three times the bonus, or $3,000, in trades will trigger 10%, or $100, of the bonus to be released into the traders account. The trader is free to withdraw any amount that is in his trading account. What is yours is yours and you can take it any time.
We have found that TradeThunder is one of the quickest brokers to process withdrawals as well. Typically withdrawals are processed within 48 hours no questions asked.
With this unique bonus structure there is no reason not to take a bonus at TradeThunder.
In the binary market there has been so much focus on US traders that many people automatically think America when it comes to English language brokers. The reality is that there are some VERY important non US markets and traders out there.
3 of the most important English speaking markets in the binary options space today are UK, Australia and South Africa. We’ve put together lists for each country of the best binary brokers that cater specifically to each market.
Click on your flag below to find the best broker for YOUR COUNTRY!
Cedar Finance joins the ranks of Binary brokers offering cryptocurrencies for trading on their platform.
Cedar is one of the most established binary brokers and in 2014 they’re growing stronger than ever. To keep their trading platform up to date and take advantage of the recent hype over Bitcoin and other cryptocoins, they’ve added 2 new currencies:
- Bitcoin (BTC)
- Litecoin (LTC)
Both are now available for trading on the Cedar Finance platform under the currencies section. Expiry times range from 60 seconds all the way up to weeks. So if you want to take advantage of the BTC mania or are in the mood for cryptocurrency speculation and volatility we suggest you try it by opening your account at Cedar today >>
Binary options trading was created as a new way to trade options on all types of assets without having to risk large amounts of capital or be a professional trader. This has helped bring options trading into the mainstream over the last few years but there is a downside.
Many of the tools available to forex or stock traders are not available on binary platforms and this limits binary traders’ ability to profit from changes in the market. One of the biggest disadvantages is the lack of limit orders on trades. As of today limit orders are no available on binary options. This is a HUGE game changer!
Limit Order Definition
A limit order is a request with a broker to execute a trade at a specified target price or better.
The first broker to offer this is MarketsKing and we recommend you jump on this ASAP. Open up a free account and have a look at this system. We predict that this will snowball in the market and ultimately change all online options trading.
Why You Should Care
With the introduction of limit orders you can set a target strike price e.g. when Apple’s shares reach $105 and the trade will only execute at that price. This means you can set your trade and leave the computer. If the conditions are met the trade will execute. This removes one of the major barriers to profiting with binary options brokers, since most binary traders are not in front of their screen watching stocks or currencies the whole day.
A great way to take advantage of a limit order is to use it in conjunction with a solid signals provider that sends out regular target strike prices. You can these enter these into your trading platform and let the limit orders do the work!