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Brokers occupy an important position in the binary option trading market. Selecting the right broker or trading platform has been a challenge faced by many traders. The ones that were able to identify the reliable ones made it big in the financial markets and the ones that could not zero-in on the right one are still struggling to carve out a niche for themselves in the binary market. This might sound a bit strange given the importance that is being bestowed upon the brokers but it has been observed that when your luck is not on your side even if you are a veteran in binary trading, you will not be able to perform well without the assistance of a binary broker. So, the importance of the brokers cannot be undermined. As such every year, the brokers are rated and ranked as per the quality of service they offer, and a wide array of other factors that place them on the top ranking places.
In this article, let us concentrate on a list of binary options brokers that you can sign up with if you still have not found a reliable trading platform. Also, there are many traders that prefer to sign up with more than one broker so that they are able to enjoy the best of all worlds.
Check out the important aspects of the brokers, the names of which have been listed below. Also, find out how each one differs from one another so that it becomes easier for you to select the right one.
1) TopOption – With a payout of 85% and a minimum deposit requirement of USD$100, you can expect bonuses up to USD$2500. This broker is here to stay.
2) 24option.com – With a payout of 89%, the minimum deposit amount for trading with this broker is USD$250. It does not deal with US traders and you can expect bonuses up to 50%.
3) Beeoptions – This broker deals with traders of United States. You can expect a payout of 85% and the minimum deposit for trading with the broker is USD$250. Expect bonuses up to 100%.
4) TradeRush – The payout of the broker is 81%. It deals with US traders. The minimum deposit amount for trading with this broker is USD$200 and you can expect bonuses up to 50%.
5) OptionBit – The payout offered by the trading platform is 81%. It deals with US traders. The minimum deposit amount to trade with the broker is USD$200. You can expect bonuses up to USD$500.
6) Cedar Finance – The payout offered by the broker is 85%. It deals with traders of US. The minimum deposit amount is USD$200 and you can expect bonus up to 100%.
7) StockPair – The payout is 85%. Traders from United States can work with this broker. The minimum deposit amount to trade with the broker is USD$200 and you can expect bonuses up to 40%.
8) GTOptions – The payout is 81%. It deals with US traders. The minimum deposit amount to trade with the broker is USD$250 and you can expect bonuses up to 50%.
