Top 5 Binary Trading Platforms of 2020
Ever since the U.S. Securities and Exchange Commission finally approved trading binary option in 2008, the market was growing rapidly and many online traders participated in it. So, choosing the right platform for binary trading isn’t easy, as expected. Because there are a lot of options to choose from, that might get you confused about what you want and what you need. So upon thinking of people like you, we have prepared a list of leading 5 binary trading platforms that you should consider before you start. Look ‘em up!
1: IQ Option
IQ Option is an online trading platform that enables customers to trade a variety of financial instruments and assets such as Binary Options, Stocks, Forex and of course Cryptocurrencies.
Founded in 2013 and operated by IQ Option Ltd, the site has quickly became one of fastest growing online trading platforms and claims to have over 20 million account holders from around the world.
IQ Option is also based in Cyprus and regulated in the EU by the Cyprus Securities and Exchange Commission (CySec), the company is fully compliant with the legislation put forward by the commission and fully authorized to sell their products to clients in a number of jurisdictions.
Binary.com is a trading platform dedicated to offering binary options from the world’s various financial markets. The website was founded in 1999, making it one of the oldest online trading platforms — as well as among the most-respected ones. … Between 74-89% of retail investor accounts lose money when trading CFDs.
3: Olymp Trade
Olymp Trade is a multi-asset trading platform that is owned by Inlustris Ltd. … It was launched in 2014 and is regulated by FMRRC, which makes it a viable option for most traders. Olymp Trade offers CFDs, Forex, cryptocurrencies and options.
Binomo is European platform and proven operator of the financial services at binary options market, which combines professional support, customer-oriented policy and best trading conditions. It provides access to the options market for clients of any income level.
EXNESS is a Forex and CFD broker, operating in the Forex-Market since 2008. The company’s headquarters is located in Auckland / New Zealand under the name EXNESS (NZ) Ltd and is autorized and regulated by the FDR. The EXNESS Group also possess a branch in Cyprus, which is autorized and regulatedby the CySEC under EU law as EXNESS (CY) Ltd with the license number 178/12.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.