Binary Option Broker Comparison
In todays world of competitive online binary options trading, there are a growing number of platforms that are all vying for traders attention. Many of these platforms offer incentives, bonuses, and other enticing amenities to those who will open an account and begin trading via their particular site.
While some of these offers may be hard to pass up, it is imperative to first do a thorough amount of research and review on any platform that is being considered prior to opening an options trading account.
Only after becoming familiar with a platforms asset offerings, account types, flexibility, and customer service options should one take the next step forward with the trading platform that will best fit their particular trading needs and goals.
Some of the top binary options trading platforms in the market today include:
Banc de Binary
Banc de Binary is far and away one of the most respected binary options trading platforms around. This site allows traders to choose from a long list of assets including 38 stocks, 20 market indices, 9 types of commodities, and 12 different currency pairs, as well as account types that will best fit their needs and goals as a trader.
This platform also provides some of the highest payouts in the industry up to 81 percent for certain trades that expire in-the-money as well as up to a 15 percent on out-of-the-money trades.
In addition, Banc de Binary has received numerous industry accolades for its superior customer service, broker service, and for the overall platform itself. Both new and experienced traders alike are apt to find the positives with Banc de Binary.
Anyoption is considered to be one of the largest and most popular binary options trading platforms available. Established in 2008, Anyoption is also one of the pioneers in this young, but rapidly growing, industry.
Traders who use Anyoption can choose from over 110 assets, as well as customer support that is available 24 hours per day, 7 days per week. Payouts for in-the-money options can range between 65 and 80 percent, while those trades that expire out-of-the-money can obtain a fixed return of 15 percent.
24Option is another web based binary options trading platform that has achieved a great deal of popularity with traders. With returns of between 70 and 85 percent for in-the-money options, this platform offers one of the highest payouts in comparison to some of its competitors.
The 24Option platform also touts the ease with which traders can initiate their trades in just three simple steps. This can be particularly beneficial for newer traders, as is the ability to use a demo account with which to make practice trades prior to trading with real funds.
The Traderush binary options trading platform is known for its ease and simplicity of use. This, too, can be of interest to both new and experienced traders, as users can quickly initiate their trades out into the market.
Established in 2011, Traderush is one of the newer platforms available in the binary options trading arena but it is not without numerous assets from which traders can choose for their trades. In addition, Traderush offers an array of different trade expiry times from 30 days to just 60 seconds allowing for extremely fast and high payouts for traders with in-the-money options.
Optionbit also possesses a number of positive features starting with its potential returns of up to 81 percent for in-the-money options. In addition to a wide array of assets to choose from, Optionbit offers numerous avenues for trader education and support. This can help new and experienced traders to get their feet wet using the Optionbit web based trading platform. And, even though Optionbit, established in 2010, is considered to be a newer platform, the site has certainly proven itself to be a reliable option for binary options traders.