The Best Binary Options Brokers in the USA.
Out of an average of 100 binary options traders, a solid 26 make a profit. Most people would have a much lower estimate — and the more you learn, the likelier you are to profit. Where you trade matters too, with some of the best binary options brokers in the USA claiming that successful traders earn well over $10,000 per month, which makes the learning curve worth it. But which of these platforms are worth your money? We scrutinized a number of them to make the following list of the best of the best.
The Leading Binary Options Brokers in USA.
Quotex.
An Innovative Platform for Online Investment.
Despite being a new entry among trading providers, Quotex has already proven itself to be a highly trustworthy and reliable partner. The platform is licensed by IFMRRC, one of the most well-known regulators, and it has been offering top-notch services since 2019.
Trading platforms : MT4 Assets: Currencies, commodities, crypto, indices Types of options: Digital Maximum returns: TBD Minimum deposit: $10.
Licenses: IFMRRC Signals service: Yes Real-time portfolio monitoring: Yes Mobile app: Yes Demo account: Yes.
Nadex.
Trade Fast-Paced Markets.
The CFTC giant offers arguably the most secure trading experience, trusted by many. While the minimum deposits start at $250, the guarantee of featuring no complex derivatives makes up for the steep entry fee.
Trading platforms: MetaTrader5 Assets: Money, gold, oil, bitcoin, commodities, stock, stock indices Types of options: One-touch, no-touch, ladder, boundary, double-touch Maximum returns: TBD Minimum deposit: $250.
PocketOption.
Protection and visibility for your greatest cybersecurity risk.
PocketOption promises the most innovative trading experience of over 100 assets, along with a $1 minimum deposit and no withdrawal commission.
Trading platforms: MetaTrader 5 Assets: 100+ cryptocurrencies, commodities, stocks, and currency pairs Types of options: One-touch, no-touch, boundary, ladder Maximum returns: 95%+ Minimum deposit: $50.
Licenses: CySEC Signals service: Yes Real-time portfolio monitoring: Yes Mobile app: Yes Demo account: Yes.
BinaryCent.
Forex, Binary Options and CFD Trading in Cents.
Despite being a relatively young platform, BinaryCent has managed to become one of the leading binary options brokers in USA. Established in 2017, the vendor operates with numerous assets, with the lowest minimum deposit in the industry — just $0.10, and is available on all continents.
Trading platforms: MetaTrader 5 Assets: 100+ cryptocurrencies, commodities, stocks, and currency pairs Types of options: One-touch, no-touch, boundary, ladder Maximum returns: 95%+ Minimum deposit: $50.
Licenses: CySEC Signals service: Yes Real-time portfolio monitoring: Yes Mobile app: Yes Demo account: Yes.
How We Made the Best US Binary Options Brokers List.
Among the brokers we have chosen, you will likely encounter several familiar providers and services. We, however, didn’t take anything for granted but rather, focused on factors such as usability, user experience, quality of the human advisor program, fees, regulations, and much more.
Regulations Are Key.
Checking the legality and licenses was the starting point of selecting the best binary options brokers for USA traders. CFTC, or the Commodity Futures Trading Commission, is the law enforcement body regulating all binary options trading bodies stateside. The governmental structure carefully carries out necessary activities to regulate rulemaking and fairness of binary options trading. This is why it is often advised to work with CFTC regulated binary options brokers, whether they are American or international with a license to serve American traders as well.
User Interface and User Experience Mean Everything.
Binary trading in the USA (and elsewhere, for that matter) is serious business, which is why it always deserves state-of-the-art platforms that are fully reliable, responsive, safe, and intuitive. With so many users trading on-the-go, mobile apps are practically a must. The user experience derived from the platforms’ interface, in many cases, is a deal or no-deal factor. The best US binary options brokers platforms typically come with a bug-free user experience and sleek design to match.
Convenience and Accessibility Features.
Many factors determine a seamless trading experience. As small as they may seem, they are oftentimes key for broker platforms’ success. Some of them may include:
Featuring a demo mode. By providing a demo mode, brokers ensure that traders see the big picture and experience everything that comes with trading on a certain platform, without, however, committing financial resources. Enabling everyone to trade. American binary options brokers must not overlook the importance of accessibility, especially with disabled people who have trouble reading, etc. Putting forth a mobile app. Having a sleek, responsive, and simple app for trading is what helps brokers put their best foot forward, especially if these apps are designed for every major smartphone platform. The convenience of payment. By including as many payment methods as possible, brokers ensure that no one will be excluded by wanting to extend funds with their method of choice. Human contact. One of the most important features among the best binary options brokers for US traders is customer support. Having agents that are available 24/7 is crucial for trust and future collaboration between broker platforms and traders.
Making it Fair.
Certain rules have to be established before trading. For instance, brokers should always transparently communicate minimum deposits and minimum trade, as well as trade duration and the maximum returns to every potential and current trader. Otherwise, brokers risk being misconstrued and seeming fraudulent.
Hiding in Plain Sight.
Numerous traders have previously experienced scams and have lost serious amounts of money to hidden fees and untransparent broker policies. This list of best binary options brokers in the USA has a 0% fraudulence tolerance and features no platforms with suspicious history.
Staying Educated on the Topic Keeps You ‘in the Money’
Most new traders have no previous knowledge of trading and earning via binary options. This is why successful brokers feature free learning material, courses, webinars, and tutorials on how to approach the platform and earn through it. Such content should be regularly updated and kept relevant to the current state of the market.
Reviews of the Best Binary Options Brokers for USA Consumers.
Quotex.
Despite being a new entry among trading providers, Quotex has already proven itself to be a highly trustworthy and reliable partner. The platform is licensed by IFMRRC, one of the most well-known regulators, and it has been offering top-notch services since 2019.
Offers multiple currencies as payment options An intuitive interface Available on mobile through a dedicated app Low minimum deposit required Friendly and helpful customer support staff.
A relatively low number of tradable assets You can only trade digital options.
Trading Offer Overview.
Quotex made it to our list of the best binary options brokers in the USA courtesy of its digital options trades, accessible either through the website or the platform’s handy mobile app. The only trading platform available is MT4 and you can choose among currencies, commodities, crypto, and indices. Another thing worth mentioning is that Quotex boasts one of the lowest minimum deposit requirements we have ever seen, at only $10.
Other Features.
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