Binary options legitimate brokers

binary options legitimate brokers Legitimate Binary Options Brokers. Further you will find our thoughts and requirements when analyzing legitimate binary options brokers . In most cases, we give an affirmative evaluation only to one binary options broker out of 5. Among them we choose the best binary options brokers, which we advise on Binary Options And Brokers website. Does the Binary Options Broker Have a Legal Status? During reviewing, this is the very first thing to begin with.

In case we find out that a binary broker is a scam and it functions beyond the law, we stop any further evaluation. This binary options broker might have a lot of exiting trades and high level of returns, but if it smells fishy, there is no sense in investigating more. In order to check the legal status of the binary options broker, the most optimal way would be to find out, whether a binary broker possesses a permit from a serious state organization in a credible country. These organizations are Cyprus Securities and Exchange Commission in Cyprus and the Financial Conduct Authority in the UK. These licenses mean that brokers (or their parent enterprises) have an entirely legal status to operate. The Location of the Binary Options Broker.

The location of the legitimate binary options broker also counts. Check if the company is based at the Virgin Islands or the Seychelles&rsquo Islands &ndash in part of the cases it signifies that they are rather shady. Binary options brokers, which are considered the most legitimate, are based, for example in the United Kingdom, Cyprus, the Isle of Man or Malta. These brokers fall under the jurisdictions of the EU and are regulated by serious forces.

The Quantity of Offered Assets by Binary Options Broker. When the legal status is confirmed and it is checked that the binary broker is not a fraud, it is possible to move to analyzing the particular binary broker. The quantity of assets is the primary factor. The more they are, the better it is. It is the universal truth for binary options field, that there are certain assets, which are simpler to forecast in comparison to others.

This also includes the currency pairs. In addition, the majority of the signal means are worked out to function solely with currencies. That is why it is necessary to check, whether they are enough if you plan to make benefits.

What is the Rate for Returns? One more crucial aspect to check is the return rates. It is obvious, that it is the best for you, when the return rate is the highest possible. Currently, the minimal return rate, being the standard of the field, is 80%. Remember to evaluate, whether the particular binary options broker offers really high return rates for one-touch and boundary options.

In majority of the situations, these should include the returns of approximately 400%. There are binary brokers, who think, that traders do not realize the actual returns for one-touch options, which are considered to be really high. Thus, they propose the usual 80%. This is not a very trustful thing to do. If a binary options broker does not offer the corresponding return rates, we add them to the black list right away.

Which Binary Options Platform Is In Use? Binary options brokers operate via the platform known as binary options trading platform, which is in most cases developed with the help of third companies. When registering, trader need to check, whether they joined a broker, which works with remarkably progressive and serviceable platform. These services would ensure them the most optimal basement for binary options trading.

The Variety of Options Offered. The options include many types, for example, high or low, ladder, one-touch or boundary. A reputable broker today should have all of the mentioned ones.

Some time ago it might have been enough to work with just highlow options, but in 2016 this is impossible. Why it is so much unacceptable? Because some of the most profitable options are the ones, known as exotic options, for example, boundary and one-touch. Previous points stated that these options are able to bring up to 400% or in separate case almost 600%. Binary Options Deposit and Withdrawal Conditions.

For now we almost done with evaluating the binary options broker according to every evaluation point. What is next is to make my registration and test the real binary options trading process. But before, it is necessary to search for the homepages and forums of certain famous binary options in order to evaluate, whether there are any negative reviews in relation to withdrawals. You can easily find many serious and self-sufficient forums available, which are regulated by users and tolerate negative reviews about binary brokers. Speaking about the binary options deposits, the most crucial thing to mention is the quantity of depositing means offered.

The following payment means should be offered by each binary options broker - credit card, wire transfer and such services as &ldquoPayPal&rdquo and &ldquoMoneyBookers&rdquo. Concerning the withdrawals, the most crucial aspect is the payment related processing time. Legitimate Binary Options Brokers.

Need to know which binary options brokers are legitimate? Learn how to identify and differentiate the legit brokers from the scammers. Choosing a legitimate broker. The only way to ensure the safety of your investment, is by selecting a broker that is regulated, offers an exclusive trading platform and provides the tools and tutorials for your success. The list of such brokers is extremely short.

Before explaining in detail the legal implications and the risks you will avoid by making a safe choice, here are the brokers that can be trusted TopOption – If you are looking for a legitimate broker this is where you should invest. TopOption is the only binary options company possessing full European regulation by the CYSEC as well as authorization by the British FCA and the Banc de France. It has a privately owned platform, and its Education Center is considered the most complete in the market. It also offers a generous cash bonus of up to 100%. This is the safest broker you will find OptionBit – This is the 2nd largest broker worldwide, a legitimate and experienced company regulated by the CySec to operate in Europe and globally (not in the USA).

Most importantly, only OptionBit gives you free access to the most advanced trading signals tool Algobit. This service was entirely developed by the broker for your benefit. Algobit identifies the best available trades in the markets, and executes the trade for you automatically. You will only need to authorize each transaction and enjoy the profit.

Get higher accuracy levels and a partnership with a licensed broker and see your payouts soar GOptions – Leading USA broker, it has a strong presence in the global binary options field, operating an excellent trading platform that caters to clients from Australia, Brazil and Europe with equal efficiency. Its large asset list and professional customer service is constantly praised. Obviously, it too has the legitimacy that can only be found in fully regulated companies, while giving you multiple educational tools and free online webinars StockPair – If you are a European citizen, this is the most trusted binary options broker in your market. StockPair has an excellent reputation for its professional approach and highly respected financial advisers. Another reason for the trust clients deposit in this corporation is their instructional tools, mainly a video library which gives you access to more than 80 trading videos.

This company allows you to fully profit from binary trading Identifying Legit Brokers. Although there are a few binary options companies that have received some sort of license from monetary authorities in diverse countries, most of these corporations are white labels. White label firms do not own the trading platform on which you execute your financial transactions. As a result, the assurance such companies can give you is limited. Since the money is not actually being trader at the broker’s site, but rather at the platform this broker leases from a trading platform provider, only if the provider is regulated as well, will the client’s funds be safe.

Unfortunately, white label companies in the binary options market do not inform clients about this important detail, putting the customers’ money at risk. In fact, there is a certain conflict of interests for binary brokers. Although binary option firms are called brokers they do not earn a commission nor give any brokerage service.

So how do these companies make profits? The first step to choosing legitimate binary options brokers is answering this question. And it is simple binary brokers earn the money traders lose when their prediction is incorrect. About half of the binary option predictions made by traders are unsuccessful. Brokers earn the difference between the payout they offer when a customer is successful, and the profit they make out of incorrect predictions.

Statistically, their money is guaranteed. A broker that offers 85% revenue for binary option will on the other hand receive 100% in case the prediction was wrong. This difference between 100 and 85 is how binary option brokers earn money. Legit binary option brokers worry about allowing traders the opportunity to earn and profit. After all, if all their clients would constantly lose money, the brokers would quickly lose their business.

With statistics stacked in their favor, they do not need to worry about how much they profit. Actually, they have to make sure their client base is reasonably satisfied. That is why experienced binary option firms put their emphasis on binary options tutorials and learning tools for their clients.

They want you to be a better trader! So the first point to consider when searching for a legit binary option broker is which one allows me the best chance to learn binary option strategy? Which one offers online courses, trading videos, ebooks and other free material to enhance mt trading knowledge and ability?

Luckily, we have the answers. When selecting a binary options broker , some give preference to those which offer a demo-account. Binary option trading simulation is not essential to becoming a real pro.

Practicing is possible also with a regular account, since the value of individual trades is low. What is more important in establishing a success rate and a consistency, is being assisted and guided by serious financial advisers, which experienced and regulated companies provide for their clients. Always prefer a broker that has the educational tools to enhance your knowledge. Nonetheless, certain brokers do offer demo accounts, or what is even more advantageous, risk-free trades.

This trades are performed within the real account, and are only completed if your prediction was correct. In such a case, your account will be credited. Yet, if your prediction was erroneous, the money will not be debited from your account. TopOption is an example of a company offering risk-free trades through its VIP trading plan. Trustworthy Binary Options Brokers.

The binary option field finally broke through with an efficient regulation system in 2013. This is an additional risk factor that was removed from binary trading nowadays, there is governmental supervision of binary option brokers. Therefore there is a serious guarantee that these companies are able to cover the successful investments of their clients at all times.

Reputation also plays an important part of selecting your binary options broker. Certain brokers have created a name for themselves. They have thousands of satisfied customers worldwide, with a well developed site and much success. Let us remember the key advantages of the most reliable brokers TopOption – Fully regulated in the European Union, privately owned platform, complete educational center, free signals. StockPair - Equally safe and regulated, one-on-one training sessions with expert advisers, excellent mobile site, welcomes Northe American clients.

OptionBit – Offers an advanced trading signals tool developed specifically for use in binary options trading. Use of Algobit is free for OptionBit traders. GOptions - Among the largest and most influential binary broker worldwide. This large corporation is very well perceived in the binary field, is fully regulated and developed its own platform as well. Payments, Payouts and Bonuses.

You need to consider one last thing when choosing your binary option broker how much can you profit with them. Payout values are important, but remember to always verify how easy it will be to get your profits transferred back to you. Some brokers ask for endless documents, stalling the transfer. You need a legit company that will send you your gains promptly.

Finally, many binary brokers give you a bonus with your first deposit. These bonuses are real money put into your account and can be as high as 100%. Although tempting, many times these promotions have a down side, because they limit your ability to withdraw funds from your account. Before accepting bonuses, make sure to verify the limitations imposed when receiving this benefit.

Legit Binary Options Brokers Summary. Make sure to choose only legit brokers. Regulations and licensing should be your top priority, because that is the most basic guarantee that you are dealing with a financial corporation that is supervised and complies with all laws and obligations. Binary option trading is risky, so start cautiously while you learn.

Do not invest money that you cannot afford to lose. If you have patience, the profits are very high and can occur very quickly. So open an account today and enjoy this amazing investment tool.

Binary Options Brokers. Hi there, welcome to our short list of recommended binary options brokers. Top 10 Binary Options Brokers – 2017.

Last updated 091317. There are hundreds (actually over a thousand) of brokers available, but few that I feel comfortable listing on my legit list. By finding the legit brokers with the best reputations in today’s binary option markets while avoiding the scam trading sites we give ourselves the best possible chance of making good money trading binaries. It is somewhat unfortunate that we have to be so careful in choosing which broker we trade with.

However, nefarious or not, our governments around the world dictate what adults can do with their money. They regulate business, for better or worse. They say who can and can not play in their playground.

So that means that most of the binary trading sites we list operate in European countries. The truth is that many of the new and existing brokers are unregulated by the major governmental regulatory agencies. This, and greed, has led to many fraud brokers operating in the past and into today. To put it lightly, the binary options industry is rife with fraud, cheats and deception.

Just go to the home page and scroll to the bottom. There are thousands of complaints from traders. That is where we come in. There are some high quality, reputable and legit binary options brokers you can feel safe trading at. Let me be clear this does not mean that you will not lose money! You might or you might not.

Binary options are risky in general. There are regulated, legit and honest brokers available today. The cream is rising to the top.

Be picky. Invest carefully. With big reward comes big risk. Know this up front and be okay with it before you begin trading. Just make sure you find the right binary options brokers because if you are lured in by a shady, unethical broker then it is virtually impossible to think that you are going to profit and you very well may not get your deposit back, either.

We want to help you find the best place to trade binary options by helping you first avoid the rogue brokers and then comparing the legit brokers to find one that suits you. We have spent thousands of hours researching trading binary options and the different brokers. We are compiling this information to build out this directory of top binary brokers of 2017.

Find the best place to trade binary options online right now from our list of brokers. I debated the best way to list the good brokers and finally decided on creating this page. A “Top 10 Binary Options Brokers” list that I update as often as needed.

Things are constantly changing in this environment and we work to stay on top of it for you. Binary options trading is risky as hell by itself. And, while the brokers market is maturing it is still in a ‘wild west’ phase.

Brokers are popping up left and right. Some of them have huge marketing budgets and pay a lot of money to bring in new players. Even though the CBOE regulated binary options trading in 2007 making it a legitimate form of trading in of the financial world. Binary options trading sites offer huge returns fast in exchange for a substantial risk. Big money, big risk.

You can make more money in 60 seconds than many people make all day if you are willing to take a risk. How? Select a legit binary broker from our top list above and create your account. Deposit what you are willing to risk and start trading binary options for money. What To Look For When Selecting A Trading Site.

Here are the things that most traders find important when looking for the right place to trade binary options. Your needs may vary and you can take a closer look in our binary options broker comparison chart. Our comparisons are different than the ratings and reviews.

The comparisons tell you things like what types of deposit options are available, what type of binary option trade they offer, and a look at the best returns. Reputation is everything (regulation is not) – Reputation is more important than any sort of regulatory seal of approval. There are un-reputable sites that claim regulation and very reputable brokers who are un-regulated Payouts are timely and consistent – Never deposit at a site that has a history of bad payouts. Returns are competitive – Why risk the same amount of money with a smaller return?

Find two brokers you like and compare their returns for the same trade. Go with the one with the highest return. Types Of Binary Options Available – If you are looking to trade the less common types of binary options like the range options, one touch or other more exotic style of binary option then you will need to find a broker that offers that type of trade.

The common ‘up-down’ binary option choice is available at all brokers. Types of Assets – Some binary trading sites offer more assets to trade than others. If there is a particular stock you want to trade or if you want to trade commodities like gold, silver and oil then you need to find a broker with the asset you want.

Personal Account Manager Or Not – Do you want someone to walk you through your trades? Do you just want someone to discuss your trades with? Some binary trading sites, ex 24option, have very active personal account managers.

You get an account manager who will trade with you every step of the way. Newbie or not. Other sites are less focused on building an account manager relationship with you.

To learn more about the recommended brokers, read the binary options reviews or compare binary options brokers with our broker comparison table and most of all read the hundreds of comments from other real life traders before your deposit your hard earned money. Look At The Trading Platforms Used. There are only four binary trading platforms available today. Virtually all of the brokers white list from the same small group of platform providers. There are well over 100 different brokers white-listing the trading platforms.

You can learn more about the binary option trading platforms available and find our recommended brokers for each platform. Avoid Binary Option Scam Sites. Scams happen in virtually all businesses.

Binary options trading is no different. Actually there are way more scams in the binary option world right now than there are many other industries. You must choose a trustworthy, legit and safe binary options broker. Most importantly is that they are reputable and that they pay out consistently! We keep up to date with the binary options brokers and the different binary options trading communities.

When we come across news or information of note about a particular binary broker, we will update our review timeline with a link so you can go learn more yourself. If things turn too bad, the broker is added to our binary options blacklist. About BinaryOptionsBlacklist. com – Complaints Board, Trader Warnings & our “Best Of” Top Lists.

This website was first launched in April of 2012. We have a passion for binary options trading and helping make sure that new traders have well informed choices about which binary option broker to join. The only way we know how to do that is to let actual traders post their comments, ratings and reviews. BinaryOptionsBlacklist. com is the one resource that lets user comments go un-moderated (except obvious spam or anything illegal etc).

We share the positives and the negatives of all the binary options brokers we list on this site so you can fairly and accurately decide if you want to trade there. We live by the motto that you as someone who has found this site is smart enough to know a fake review from a real one when you read it. That is why our binary options reviews are different. They are driven by traders themselves as much as they are willing to participate. Sure, we focus on our choices of the best binary options trading sites online and for full disclosure you should know that it is quite possible that we earn advertising dollars for creating and maintaining this site.

We are not a guide on how binary options work , or a resource for binary strategies that win. There are a small but growing list of quality resources like that already available. However, there are few legitimate binary options broker review and rating sites on the market. We created this site to list the good and the bad about the binary options brokers out there. You can see our lists of best binary options brokers and you can see our binary options blacklist which is made up of brokers that we wouldn’t deposit a dime of our own money.

We last updated our best of brokers list and paid most attention to trader complaints, allegations and related activities. The brokers on our list are by no means squeaky clean in terms of complaints from traders. Even the best brokers in the world have the majority of their traders lose. These traders need someone to blame and they blame the broker. That is why you will find tons of complaints and comments on this site itself that are negative in nature even to our top rated brokers.

Trade safely and with money you can afford to lose. Best Binary Options Brokers – No SCAM at all. Welcome to the Legit Binary Brokers (LBB), the leading network and resource platform for binary options brokers. We strive to provide you with the honest reviews and ratings of the Best Binary Options Brokers . We have a professional and dedicated team of highly experienced and skilled in the binary options market that writes honest reviews without all the bullshit.

Therefore, it is very significant that you carefully go through our reviews to find the right broker for your investment and to assure a safe journey in binary options. Our site offers the extensive analyses of Best Binary Options Brokers . In our Binary Options Brokers tab, you can find the largest database of Reviewed more than 25 legit binary options brokers. Other than reviews for Best Binary Options Brokers, the site also offers reviews for binary options strategy , binary options signals , as well as trading guides, free binary options signals , Binary Academy and provides help to traders who believe they have been scammed. Our reviews are updated regularly and you can trust us to assist you in finding the Best Binary Options Brokers to secure your investments in binary options.

Best Binary Options Brokers 2016. on each deposit. on First Deposit. Broker’s Review Summary. Goptions is one of the most well-prominent brokers in the binary options industry that provides the trader with an exclusive education center, a sophisticated trading platform and a professional and well-trained customer support.

The broker has a user-friendly trading platform that offers a constantly expanding range of assets. Goptions gives returns to its clients of up to 90% on CallPut option and the traders can employ both of the web-based platform and mobile app, therefore, enabling the user to trade even on the go. Keep reading complete Goptions Review 2016 . One of the most exciting aspects of IQ Option is the broker offers 60% pay back when your trades close at ‘out of money’.

This feature is pretty unique in the industry of binary options trading and gives the broker a slight competitive edge. As well, the technical elements seem proficient as the transactions are carried out securely and quickly. The platform is very easy to navigate and the clean design makes it very simple to execute your trades.

Keep reading complete IQ Option Review 2016. Banc De Binary was the first broker in the industry of binary options trading to be licensed by CySEC. After this, the broker is no longer accepting customers from the US. They offer 2.5% interest rate to investors depositing $50,000 or more. In addition, you will also get a dedicated experienced broker on Wall Street to help you.

Banc De Binary’s trading platform is very simple to navigate and the interface is totally user-friendly. Therefore, traders are also eligible for a free demo account if they make a deposit – an option we liked while writing our Banc de Binary Review. Keep reading complete Banc De Binary Review 2016 . CTOption allows US traders from all states of the United States.

The broker is totally different from any other binary brokers that we have reviewed up to now. CTOption’s payment system is fully regulated and authorized by FCA, which signifies that this broker is also safe for European customers to trade in. The platform and all the technologies that they employ is built in-house. This is a key advantage for the platform, as it makes the broker unique and not just a copy of the same old platform with a different ‘style’. Keep reading complete CToption Review 2016 . Binary Brokerz is a top binary options broker that has a reputation for providing its clients with a dynamic and promisingly highly profitable trading experience.

The brokerage also gives its clients instant access to an extensive selection of global assets. The list of assets includes more than 80 commodities, indices, stocks, and forex currency pairs. Our finest trading and software experience is with Binary Brokerz broker.

Binary Brokerz offers the “Risk O-meter”, which is really an amazing tool allowing traders to customize and control their risk, meaning you can lower the payout and losing amount. Keep reading complete Binary Brokerz Review 2016 . uBinary is popular for having a prompt and incredibly professional support center with 246 availability. uBinary allows traders to join in from all over the world excluding the US. Support agents are available on live chat, Skype, emails and all leading social networks.

What makes our experience with uBinary so exceptional and exciting is the fact that even if you do not have any previous experience in binary options trading and are in need of learning, uBinary is one of the only few serious brokers that offer education for all users. Keep reading complete uBinary Review 2016 . Imperial Options has won so many awards for the best broker, customer satisfaction, and best education as you can see at the bottom of their website. The broker offers a huge welcome bonus to all traders of up to 200%!

Imperial Options uses trusted and well-known SpotOption software which facilitates very easy and professional trading. The broker gives amazing 85% payouts which makes them most excellent in the industry of financial trading. Beyond any doubt, Imperial Options is a broker which we can recommend to more experienced traders.

Keep reading complete Imperial Options Review 2016 . How to Find the Best Binary Options Brokers. Choosing the Best Binary Options Brokers for your investment is one of the difficult tasks. It is even hardest considering the fact that there are hundreds of binary options brokers out there.

However, the first step for becoming successful in binary options trading is to select a right broker that offers secure trading with necessary tools and has a great reputation. Here we’ll discuss some major facts that wee need to look for when choosing a good broker. Keep in mind that, you shouldn’t drop a broker for a single negative feature. However, you must go through our reviews to get the in-depth analysis and detail information of any broker. # Regulated Binary Options Brokers While finding the right binary brokers to sign up with, you should obviously look for a regulated one.

The majority brokers (excepting the USCanada friendly brokers) are regulated by CYSEC, Cyprus, however, there are some other regulatory agencies too. # Not Regulated Binary Options Brokers If you are a resident of the US, choices are very limited. You can’t have the cake and eat it too.

You’re going to have to find an unregulated broker to trade binary options market. There are however legit brokers for US traders, like GOptions and CherryTrade which have been around for a long time and have proved to be reliable. Take a look at all US Binary Options Brokers. Often ignored, the customer support and the responsive account manager are significant aspects to take into consideration while choosing the best broker. Good brokers like IQ Option, BancDeBinary offer call back support and live chat besides phone and email.

This indeed proves that you can reach the support team whenever your want with any problems. Scam casino brokers typically have an email address only, because they don’t want to make direct contact with the clients. # Deposit and Withdrawals Many brokers offer a lot of payment options, however, the minimum deposit amounts always differ. So, besides the number of deposit options, you should check the fast withdrawals feature because some brokers take more than 5 business days to process withdrawals. However, some brokers can handle the withdrawal process pretty faster.

Security should always be a key concern with any online service, especially in financial services like binary options trading. Fund safety and security is necessary to provide a safe trading environment. Some brokers offer a limited range of underlying assets from which investors can trade. However, there are many brokers who offer more than hundred underlying assets for their clients to trade with. Therefore, you must find the right broker that offers the wide range of underlying assets to trade with your preferred assets.

Binary Options Advice for Choosing the Right Broker. The ever increasing popularity of binary options has given rise to a number of online binary trading platforms. For beginners, it is very difficult to select the platform that can fulfill his requirements with good returns as well.

Here are some features that you can refer while choosing a binary options platform 1# No Membership Charge. Most of the binary trading platforms are completely web based so you need not download any software. These platforms do not charge any fee when you open an account with them. So be cautious of the platforms that ask you to deposit membership fee.

The key feature of binary options is that your profit is determined at the time when you enter into the contract of buying the underlying security. This contract pays you a fixed amount, no matter how high or low the price movement of the asset goes. If you win even by 0.001 percent, you get your fixed payout before the option is expired. Different platforms give different percentage so it will be advisable to select one that gives the maximum return or at least you should get 70 to 75% from one trade.

3# Risk is Determined. In binary options trading, your potential risk is known to you and you must know if the option ends out of the money, you get nothing. There are very few brokers that give 15% cash-back to the traders if the trade ends out of the money.

The fact that you will get at least something for failed trade makes you less depressed. 4# Maximum Number of Assets. Select a platform that gives a maximum number of assets to trade. A binary platform that is able to support various currencies shows sophistication, international appeal, and stability. Try to open your account with the one that at least is able to offer the main currencies that are traded the most such as Euro, British pound Sterling, and Us dollar. If you get to trade Japanese and Australian dollar also, it will be a bonus. 5# Funds and Information Security. Encryption is the most important element of any trade that is associated with the financial market. The platform that you select for trading must have 128-bit SSL encryption from a reputed security firm. It is important to ensure that your personal information is secured and there are no chances of any theft. Before you fill the form, read the security section of the platform and be sure that platform is well equipped for unauthorized access to the accounts of traders. All your transactions and trading information are kept secured by the platform. 6# Flexible Withdrawal. Check the withdrawal policies of the platform. It should provide you the facility to withdraw your money at any time of the day. Some platforms extend the withdrawal time and thus the earnings from the trading get accumulated with the platform. 7# Friendly Customer Support. Check with other customers and find out the how reputed the platform is. It should have excellent customer support. The platform should provide 24-hour service to its clients by email or on the phone. Binary Options Trading for Quick Money. As it is a well explanatory name, Binary options trading is the latest financial market tool, offering two options for trading, being popular to earn some good money in quick time. Designated to yield faster results with comparison to an older form of trading, binary is the most sought alternate in the financial market. Since introduced in 2009, it has millions of members joining the trading fray in the daily market. Actually, Binary options trading is meant to facilitate the new traders to take part in the market, to help the market grow faster and on a large scale. Today, Binary trading is one of most popular weapon to make money on the investments in a short span of time. » All about Binary option trading. Binary options trading offers two options for a trader, either a trader wins a certain amount on the trade or loses all and gets nothing, it’s all or none type of trade. In binary options trading, a trader has to predict the price of an underlying asset he wants to trade, whether the price moves in up direction or in a negative direction, in specified time limit. The prediction for an up direction movement is a ‘call’ and downwards is a ‘put’ in the trading language. If the prediction proves right before the trading time expires, trader wins a certain amount which is transferred to his account immediately, and if the prediction doesn’t come right, he loses all of the money he put in the trade. » Binary trading in earlier days. Earlier, binary trading was done across the table, putting a middleman called the broker in the middle of the trade to set the trade on by making all arrangements and negotiating both the parties, the buyer, and the seller. After it was recognized in 2009, many options were open and the prime feature of the trade was to be able to play on the internet without being in the exchange premises. Roll of the broker was not eliminated but limited to certain extent. It was to make trade a fair dealing and transparent business. Brokers, who were listed and licensed to carry the trade, would offer a trading platform for each trader on the internet. These platforms were designed to suit the requirements of every trader and were supported by latest user-friendly software. That is a reason of its being called digital trading also. The broker is supposed to have the listing of the assets they trade and provide full support to the trader. » Tools and instruments. There are several tools and instruments, which are very helpful for a trader and are supplied by the broker. These tools are alerts, signals, strategies and even tutoring, to train a new trader to master the way of trading. New traders are also offered demo accounts to practice the trade without any deposit. A professional broker has fully equipped site to offer, with all facilities and help to make a trade successful. GET 80% WINING SIGNALS EVERY DAY ! Subscribe to our mailing list and Receive high win rate Signals on a daily basis to your email inbox. We respect your privacy and take protecting it seriously. CFTC Fraud Advisories. The Commodity Futures Trading CommissionЂ™s (CFTC) Office of Consumer Outreach and the Securities & Exchange CommissionЂ™s Office of Investor Education and Advocacy are issuing this Investor Alert to warn about fraudulent schemes involving binary options and their trading platforms. These schemes allegedly include refusing to credit customer accounts, denying fund reimbursement, identity theft, and manipulation of software to generate losing trades. Binary options differ from more conventional options in significant ways. A binary option is a type of options contract in which the payout will depend entirely on the outcome of a yesno proposition. The yesno proposition typically relates to whether the price of a particular asset that underlies the binary option will rise above or fall below a specified amount. For example, the yesno proposition connected to the binary option might be something as straightforward as whether the stock price of XYZ company will be above $9.36 per share at 230 pm on a particular day, or whether the price of silver will be above $33.40 per ounce at 1117 am on a particular day. Once the option holder acquires a binary option, there is no further decision for the holder to make as to whether or not to exercise the binary option because binary options exercise automatically. Unlike other types of options, a binary option does not give the holder the right to purchase or sell the underlying asset. When the binary option expires, the option holder will receive either a pre-determined amount of cash or nothing at all. Given the all-or-nothing payout structure, binary options are sometimes referred to as Ђњall-or-nothing optionsЂќ or Ђњfixed-return options. Ђќ. Binary Options Trading Platforms. Some binary options are listed on registered exchanges or traded on a designated contract market that are subject to oversight by United States regulators such as the CFTC or SEC, respectively, but this is only a portion of the binary options market. Much of the binary options market operates through Internet - based trading platforms that are not necessarily complying with applicable U. S. regulatory requirements. The number of Internet-based trading platforms that offer the opportunity to purchase and trade binary options has surged in recent years. The increase in the number of these platforms has resulted in an increase in the number of complaints about fraudulent promotion schemes involving binary options trading platforms. Typically, a binary options Internet-based trading platform will ask a customer to deposit a sum of money to buy a binary option call or put contract. For example, a customer may be asked to pay $50 for a binary option contract that promises a 50% return if the stock price of XYZ Company is above $5 per share when the option expires. If the outcome of the yesno proposition (in this case, that the share price of XYZ Company will be above $5 per share at the specified time) is satisfied and the customer is entitled to receive the promised return, the binary option is said to expire Ђњin the money. Ђќ If, however, the outcome of the yesno proposition is not satisfied, the binary option is said to expire Ђњout of the money, Ђќ and the customer may lose the entire deposited sum. There are variations of binary option contracts in which a binary option that expires out of the money may entitle the customer to receive a refund of some small portion of the depositЂ”for example, 5%Ђ”but that is not typically the case. In fact, some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect given the payout structure. For instance, in the example above, assuming a 5050 chance of winning, the payout structure has been designed in such a way that the expected return on investment is actually negative , resulting in a net loss to the customer. This is because the consequence if the option expires out of the money (approximately a 100% loss) significantly outweighs the payout if the option expires in the money (approximately a 50% gain). In other words, in the example above, an investor could expect, on average, to lose money. Investor Complaints Relating to Fraudulent Binary Options Trading Platforms. The CFTC and SEC have received numerous complaints of fraud associated with websites that offer an opportunity to buy or trade binary options through Internet-based trading platforms. The complaints fall into at least three categories refusal to credit customer accounts or reimburse funds to customers identity theft and manipulation of software to generate losing trades. The first category of alleged fraud involves the refusal of certain Internet-based binary options trading platforms to credit customer accounts or reimburse funds after accepting customer money. These complaints typically involve customers who have deposited money into their binary options trading account and who are then encouraged by ЂњbrokersЂќ over the telephone to deposit additional funds into the customer account. When customers later attempt to withdraw their original deposit or the return they have been promised, the trading platforms allegedly cancel customersЂ™ withdrawal requests, refuse to credit their accounts, or ignore their telephone calls and emails. The second category of alleged fraud involves identity theft. For example, some complaints allege that certain Internet-based binary options trading platforms may be collecting customer information such as credit card and driverЂ™s license data for unspecified uses. If a binary options Internet-based trading platform requests photocopies of your credit card, driverЂ™s license, or other personal data, do not provide the information. The third category of alleged fraud involves the manipulation of the binary options trading software to generate losing trades. These complaints allege that the Internet-based binary options trading platforms manipulate the trading software to distort binary options prices and payouts. For example, when a customerЂ™s trade is Ђњwinning, Ђќ the countdown to expiration is extended arbitrarily until the trade becomes a loss. Unregistered Transactions, Operations, Broker-Dealers, or Trading Exchanges Illegal Options Transactions. In addition to ongoing fraudulent activity, many binary options trading platforms may be operating in violation of other applicable laws and regulations, including certain registration and regulatory requirements of the CFTC and SEC, as described below. Certain Registration and Regulatory Requirements of the SEC. For example, some binary options may be securities. Under the federal securities laws, a company may not lawfully offer or sell securities unless the offer and sale have been registered with the SEC or an exemption from such registration applies. For example, if the terms of a binary option contract provide for a specified return based on the price of a companyЂ™s securities, the binary option contract is a security and may not be offered or sold without registration, unless an exemption from registration is available. If there is no registration or exemption, then the offer or sale of the binary option to you would be illegal. If any of the products offered by binary options trading platforms are security-based swaps, additional requirements will apply. In addition, some binary options trading platforms may be operating as unregistered broker-dealers . A person who engages in the business of effecting securities transactions for the accounts of others in the U. S. generally must register with the SEC as a broker-dealer. If a binary options trading platform is offering to buy or sell securities, effecting transactions in securities, andor receiving transaction-based compensation (such as commissions), it likely should be registered with the SEC. to determine whether a particular trading platform is registered with the SEC as a broker-dealer, visit FINRAЂ™s BrokerCheck . Some binary options trading platforms may also be operating as unregistered securities exchanges . This would be the case if they matched orders in securities of multiple buyers and sellers using established non - discretionary methods. However, there are cases where a registered broker-dealer with a trading system or platform may legitimately have no obligation to register as an exchange. Certain Registration and Regulatory Requirements of the CFTC. It is illegal for entities to solicit, accept offers, offer to or enter into commodity options transactions (for example, foreign currencies, metals such as gold and silver, and agricultural products such as wheat or corn) with U. S. citizens, unless those options transactions are conducted on a designated contract market, an exempt board of trade, or a bona fide foreign board of trade, or are conducted with U. S. customers who have a net worth that exceeds $5 million. To see the most recent list of exchanges that are designated as contract markets, check the CFTC website . There currently are only three designated contract markets offering binary options in the U. S. Cantor Exchange LP Chicago Mercantile Exchange, Inc. and the North American Derivatives Exchange, Inc. All other entities offering binary options that are commodity options transactions are doing so illegally. Further entities that solicit or accept orders for commodity options transactions and accept, among other things, money to margin, guarantee, or secure the commodity options transactions must register as a Futures Commission Merchant. Entities that act as the counterparty (that is, they take the other side of the transaction from the customer as opposed to matching orders) for foreign currency options transactions for customers with a net worth of less than $5 million must register as a Retail Foreign Exchange Dealer. Because of their lack of compliance with applicable laws, if you purchase binary options offered by persons or entities that are not registered with or subject to the oversight of a U. S. regulator, you may not have the full benefit of the safeguards of the federal securities and commodities laws that have been put in place to protect investors, as some safeguards and remedies are available only in the context of registered offerings. In addition, individual investors may not be able to pursue, on their own, some remedies that are available for unregistered offerings. Ђў RememberЂ”much of the binary options market operates through Internet-based trading platforms that are not necessarily complying with applicable U. S. regulatory requirements and may be engaging in illegal activity. Ђў Do not invest in something that you do not understand. If you cannot explain the investment opportunity in a few words and in an understandable way, you may need to reconsider the potential investment. Ђў Before investing in binary options, you should take the following precautions 1. Check to see if the binary options trading platform has registered the offer and sale of the product with the SEC. Registration provides investors access to key information about the terms of the product being offered. You can use EDGAR to determine whether an issuer has registered the offer and sale of a particular product with the SEC. 2. Check to see if the binary options trading platform itself is registered as an exchange. To determine whether the platform is registered as an exchange, you can check the SECЂ™s website regarding Exchanges . 3. Check to see if the binary options trading platform is a designated contract market. To determine whether an entity is a designated contract market, you can check the CFTCЂ™s website . Ђў Finally, before investing, use FINRAЂ™s BrokerCheck and the National Futures AssociationЂ™s Background Affiliation Status Information Center (BASIC) to check the registration status and background of any firm or financial professional that you are considering. If you cannot verify that they are registered, donЂ™t trade with them, donЂ™t give them any money, and donЂ™t share your personal information with them. The Binary Options Blacklist with Reviews & Ratings. The Blacklist – Brokers To Avoid. Helping you avoid the scam brokers and find the legit ones is why we created the trader driven Binary Options Blacklist . We welcome you to our virtually ‘no holds barred’ ratings, comments and broker reviews website. The binary options industry experienced an increased in popularity lately. Traders from all over the world now have access to an industry that prides itself as being the simplest form of trading. Yet, there’s a lot of controversy surrounding it. Many brokers simply fly under the radar. Meaning, they’re not regulated. Others, simply don’t operate legally in a country or territory. For this, they use offshore companies. In other parts of the world, trading binary options is simply illegal. It’s not allowed for a broker to offer the services. Moreover, on top of all these, in most of the countries in the world, there’s no legislation. Because of that, brokers found an opportunity to profit from people’s desire to make a quick buck. As such, the industry is plagued with scammers. Not all brokers fall into this category, though. Many of them run eligible businesses. However, the problem comes not from the broker’s side, but from the traders. Traders have the impression binary options is an easy game. First, this is not a game. Second, it can be anything, but trading binary options is not easy. When compared with other financial products and financial sectors, trading binary options comes with a handicap. From the start, the traders must use a risk-reward ratio that is unfair. To put this into perspective, imagine the Forex industry. Any serious trader doesn’t even think of going in a trade without 12 or more as a risk-reward ratio. This means that for every pip or amount risk, the expected reward is minimum two times. This gives room for error and allows traders to incorporate losses while the account still grows. In the binary options industry, the maximum reward is around 90%, with most of the times the rate or return being well below this number. From the start, traders face tough conditions. What Are Binary Options. In principle, trading a binary option is a super-simple process. Or, at least, it should be. All you should do as a trader is to guess the direction of a market or financial product. Namely, if you think the price of an underlying security will move to the upside, then you should trade a call option. On the other hand, if you think it will fall, you’ll trade a put option. Note that you can only buy an option. A put for a bearish setup and a call for a bullish one. When compared with Forex trading, the difference is that a Forex trader buys or goes long, and sells or goes short. Still, heshe needs to give the general direction. Moreover, when it comes to binary trading, traders must set an expiration date. In fact, a binary option has two elements traders need to decide upon the striking price and the expiration date. No only traders need to indicate the direction (that’s the entry price or the striking price), but they need to indicate a point in time when the option will expire. In plain English, a point in time when the comparison between the striking price and current price will be made. Based on the outcome, it is said that the option expires in the money or out of the money. The pros of trading binary options come from the simplicity of the product. Moreover, with a sound money management plan and avoiding short-term expiration date, trading binary options is a nice way to diversify a portfolio. Unfortunately, the cons overcome the pros. Because traders need to indicate the time element. The holy grail in trading is price and time, and binary options include them both. Binary Options Scams, Ripoffs & Bad Trading Sites. As mentioned earlier, the industry is plagued with binary options scam brokers. Because of this, it is very difficult to read a positive review even for good brokers. Traders must know one thing in advance a broker must be regulated. This is not valid only for the binary options industry. In general, if you place your money in a trading account, you’ll want that entity to be regulated. The financial authority that regulates a broker gives a license number. To be regulated, the broker must follow specific rules and have a specific conduct when doing business. The license can be suspended if the financial authority finds out otherwise. Unfortunately, regulation costs money. It is an expensive process and brokers don’t like spending money if they can find other ways to attract traders. As such, they register the company in an offshore environment, without being regulated by a financial authority. From this moment, scamming people is quite easy. The most popular and “legal” way to scam traders is to offer them a welcome bonus. This is similar to the Trojan horse in the Greek drama story. The thing is that the brokers offer the bonus but tie it up to a super-unrealistic trading volume. In other words, traders can’t even withdraw their deposit, until the trading volume is reached. Needless to say that the more you trade, the more risks you’ll take, and, in the end, the chances are with the broker, meaning traders will lose their capital. Statistically, in Forex trading, over ninety percent of retail traders lose their first deposit. In binary trading, the chances are even bigger than the ones in the Forex industry. A bad trading site doesn’t make public the registrationregulation number. That’s the first sign the broker is not trustworthy. We use the comments here on the binaryoptionsblacklist. com to rate and classify different brokers. A green badge means the broker is trustworthy, according to the median of the comments here, and is verified. An unverified broker gets an orange badge, while a scam deserves nothing but a red badge. Approved – A green badge means this is a broker that we trust. We would and or do trade with today. These are the current leaders of the binary options industry, & where the majority of traders are trading today. They have a positive reputation in general, a track record of integrity, fairness and competitive returns. We feel most confident trading binary options at these sites. Use Caution – A yellow badge means that we have not done enough research to decide on this broker yet. This is a broker that has been recommended by others as a place to trade. There was not enough info to make an informed decision about the broker to rate them green or blacklisted. Comments and trader reviews highly encouraged on yellow rated sites to help educate everyone and update our ratings. BlackListed – When a broker has the blacklisted red badge this means that we would not trade there. There is enough negative information found through our research that we decided this is not a binary trading broker that we would feel comfortable depositing money at. Since we would not deposit our money there, they get the Black List badge. Binary Options Trading Sites Listings – How We Get Our Top List. Without being regulated, a broker will always have a dark shadow on its name. The purpose of regulation is to protect customer’s interests. A good example comes from the Forex industry. When the SNB (Swiss National Bank) dropped the peg on the 1.20 floor on the EURCHF pair, many brokers went busted. However, because they were regulated, the clients could receive the money from their trading account. It took a few months, but the whole process was well-communicated and there was never a shadow of a doubt that the financial authority would not step in. As such, regulation is a must. Regulation comes with specific conduct. A broker cannot simply do what it wants with the funds it receives. Tougher regulation comes with segregated accounts. It means the funds deposited will not be touched by the broker. They’ll be deposited in a separate, segregated account at a custodial bank. The broker will only earn from commissions and fees. This way, everyone’s interests will be aligned in the same direction. A good broker doesn’t have a minimum deposit. Or, if it does, it is quite small. They leave the option in the hands of the trader and use the time they trade to offer the best possible trading experience. Starting with the opening of an account process and ending with withdrawals, there should be no flaws what-so-ever. Typically, a good broker will have good reviews. However, even reviews are sometimes scams. Because of the tough competition, people are sometimes paid to say things about a broker. Other things like the possibility to trade on a demo account, to choose if you want a bonus or not, if the broker offers a trading app or not – all these are part of a good broker. However, everything comes after regulation. Scam Brokers and Claims of Fraud and Theft – What Is Really Going On? Unfortunately, the binary options industry has a bad reputation. The problems start from the way the industry is advertised. Traders should know that buying a call or a put option requires the same strategy as buying or selling any financial product. Therefore, everything is the same. While traders know there’s a lot of risk involved and succeeding in financial trading is not an easy task, the binary options traders fall prey to false advertising. How many of you saw at least one commercial in your Inbox or online saying that the lady that sells groceries just made a profit of a thousand dollars in a day? Probably all of you. Now, let’s try to keep it real. Why would anyone advertise like this? Moreover, why would anyone believe this is true? In fact, binary options trading is no different than Forex trading, or CFD’s, Stocks, and so on. The process is the same traders use technical or fundamental analysis to buysell a financial product. What makes binary options even more difficult is the time element. Traders must choose an expiration date for their option, on top of the right direction. Most of the binary options blacklist brokers end up stealing people’s money. They have aggressive selling techniques, dedicated trading managers, that simply don’t care about the basic principle of money management in trading. Scam brokers will always push for traders to trade more and more. Especially short-term to very-short-term expiration dates. In fact, the chances to be consistently profitable trading one-minute or five-minute binary options are almost close to zero. Moreover, unverified brokers use the same principles as a market maker broker does in the Forex industry. Namely, they create a “virtual market” for their clients. In other words, they don’t “route” the orders to the interbank market or other liquidity providers. They keep all their orders in house and bet on the fact that the clients will eventually lose their funds. When that happens, they book the funds for themselves. There are plenty of software specialized in mirroring quotations. Independent Binary Broker Reviews – Comments and Ratings from Traders. That is an interesting topic to consider it, especially if traders want to find verified brokers. There are several things to consider. Firstly, regulation. If the broker is regulated, it means a financial authority verified it and its activities. Moreover, the process repeats on a constant basis. Secondly, independent parties, like websites as this one, may take upon the task of listing scams in the industry, honest brokers, and give a ranking of good and bad brokers. On top of it, customers reviews matter the most. Here, too, things must be taken with a grain of salt. There’s a lot of spamming going on. Scam brokers comment and spam forums too. For this, we moderate any obvious spam and links and allow only appropriate behavior. A customer review matters the most in all industries. If a broker scams once, it will do it again, on and on. As such, traders must decide on their own if the broker is indeed the partner they’re looking for. This feedback helps us with our ratings for the brokers listed here. However, the lists here are just that lists. Traders must know that buying or selling a financial product comes with a risk. While there are plenty of opportunities, there’s also the risk of losing all the capital involved. For this, any broker, no matter if binary or Forex, makes sure the clients know that they should never trade more than they can afford to lose. Trading is a game of probabilities. But, above anything, trading is not a game. These are real money involved. As such, traders must know the risks and the potential rewards involved. Moreover, trading is not an easy task. There’s a lot of work involved, like in any regular job. Sometimes the market simply doesn’t move. When this happens, traders will insist on trading. They end up overtrading and if they are on the wrong side of the market, the funds are gone. But, successful trading is not impossible. Patience and discipline are key. Together with a proper trading education and the right partner (broker), traders can make it. The broker and the trader should have the same interests. Only when this is the case, traders have a fair representation in the financial market. Never deposit more than you can afford to lose. We wish you the best of luck on your trades! ** *NO links in your comment if you want it to be approved and published. All comments are manually moderated by our team, and all variations of an email addresslink will be removed and the poster will be banned. Only genuine feedback on broker experience is allowed. Sorry!! But the spammers are relentless.