The trading market can be a little confusing, especially for those of you who are just starting to participate in this domain. Things get even more complicated when you try to choose the best trading platform from over 400 of existing brokers. This is why, we thought it might help you if you read useful information about the best binary options brokers of 2016, all in one place.
Top 10 Best Binary Options Brokers
Something very appealing to customers is the fact that Dalton Finance accepts traders from all over the globe. The minimum initial deposit is 200 dollars for a basic account. Furthermore, they might impress you with their many account types:
- Starter package. This is specially created for beginners who have little experience in the trading market. It offers a 20 percent welcome bonus, and you will be required to invest at least 1,000 dollars.
- Silver account. The starting investment for this account is a minimum of 5,000 dollars. The silver account provides a 30 percent bonus rate.
- Gold account. If you want to have a gold account, you will be required to deposit a minimum of 10,000 dollars. The initial bonus is 45 percent.
- Platinum account. To start a platinum account, you will have to come up with at least 25,000 dollars. This package will bring up to 50 percent welcome bonuses.
- Diamond account. Even though the 50,000-dollar investment could seem too high for some of you, the perks match the payments. For example, you will receive a welcome bonus of 80 percent of your investment.
- Royal account. You thought the diamond account was the premium one? Well, the royal one is the true VIP level. If you have the means, you can invest a minimum of 100,000 dollars, and receive your personal trading coach.
- Corporate account. To sign up for this kind of account, you must first contact a senior account manager to receive more details about the procedure.
This is one of the best binary options brokers that was launched in 2014, in England. The initial deposit is 250 dollars. If you make this payment, you will receive a maximum 90 percent return level. Compared to other competitors, Finpari has fewer accounts. There are only three types of accounts:
- Bronze package. If you want to deposit an amount between 250 and 1,000 dollars, this is the right option for you. The initial welcome bonus is 20 percent. New customers will receive a trading course that contains both a video and an e-book.
- Silver account. The minimum deposit is between 1,000 and 3,000 dollars, while the initial bonus can reach up to 50 percent.
- Gold account. Even if the minimum deposit starts from 3,000 dollars, it can reach up to 50,000 dollars. However, the welcome bonus is 100 percent.
When it comes to trading methods, the company provides the following options: one touch, short and long term payments, and ladder.
This is one of the best binary options brokers which provides a completely automated software. The minimum amount a customer has to pay when creating an account is 200 dollars. There are three simple steps to get started with this program: you need to sign up and create an account, select a broker, and, after making your deposit, start your trading operations.
You won’t be charged at all when you join the platform. Furthermore, as a customer, you will benefit from the use of the latest trading technology. OptionRobot provides plenty of tradable assets as well as a web-based software. You won’t need to download any additional programs.
On the downside, you will need to be always connected to the Internet, to activate and use the software. One of the most important and appealing traits of this platform is the easiness with which the clients can handle all the trading tools.
BinaryMate was launched a couple of months ago, in the first trimester of 2016. Despite its short existence on the trading market, it has quickly become one of the best binary options brokers in the world. Their minimum deposit requirements are similar to all the other competitors. You have to come up with 250 dollars to activate an account.
The company offers three types of accounts:
- Bronze. This is the basic standard account type, which requires a 250-dollar minimum deposit. However, you will still have full access to all the learning materials.
- Silver. This package demands a higher initial deposit that can reach up to 1,000 dollars. With this account, you will receive a 50 percent welcome bonus.
- Gold. If you dispose of an amount of money between 3,000 and 50,000 dollars, then you can open a gold account. With this package, you will have your personal success manager.
What is attractive about Porter Finance is their finance education center. This is important especially for the new traders, who will receive useful advice and information by using this platform. There are five types of accounts provided by this broker:
- Beginner. The initial deposit is 250 dollars, while the bonus can reach up to 30 percent.
- Standard. You will be required to pay a minimum of 500 dollars to start this account. The welcome bonus increases to a 40 percent level.
- Gold. There is a minimum requirement of 1,000 dollars, and you will get a maximum of 75 percent bonus.
- Platinum. There is a 100 percent bonus for this level, and the minimum deposit is 5,000 dollars.
- VIP. This is the premium package that provides special perks for the customers. The smallest deposit is 10.000 dollars.
IQ Option offers the possibility to create a free demo account. This is useful for those of you who are trading beginners, and who have an urge to learn more about this market. Potential customers might find this platform appealing because of its small initial deposit of only 10 dollars.
The company keeps things as simple as possible by offering the clients two main types of accounts:
- Real account. Even if this is the standard type of package, you still have access to all the company’s trading assets. Depending on several factors, the bonus can reach up to even 80 percent. If you deposit a minimum of 100 dollars, you will receive free trading signals.
- VIP account. If you opt for the premium account, you will be required to make a deposit of at least 1,000 dollars. However, there are bigger perks involved, such as a 100 percent bonus level.
24Option is one of the best binary options brokers of all time. They have a reputable history and plenty of experience on the trading market. The minimum deposit for a basic account is 250 dollars. You can create a deposit using one of the following three methods: wire transfer, credit or debit card, and electronic payment.
Through this popular platform, you can trade different assets, indices, stocks, and commodities. Furthermore, the software provides customers with five types of packages: the standard 250-dollar account, the silver package that requires a minimum amount of 2,000 dollars, the gold account that demands an initial deposit of at least 25,000 dollars, the platinum package with its initial 50,000-dollar deposit, and the premium or the diamond account.
Banc de Binary
As you could see so far, most of the best binary options brokers require a minimum deposit of 250 dollars. Banc de Binary is no exception. Another thing is that this trading platform offers its clients a demo account which is totally free of charge.
In the case in which you make a deposit of at least 1,000 dollars, you will become eligible for up to 100 percent bonuses. Banc de Binary pleasantly surprises its customers by offering no less than six account types, grouped into three categories: the basic category which includes the bronze, silver and gold accounts, the Lion premium package which offers you both premium and platinum accounts, and the exclusive account. This last package provides the most perks for a minimum deposit of 100,000 dollars.
This is another one of the best binary options brokers that use the Panda Trading System as their platform. The initial deposit must be 200 dollars. The welcome bonuses can reach up to 80 percent. Another competitive advantage is their demo account option.
There are six types of accounts available at Wynn Finance. There is the group of the basic and standard accounts, which involves a minimum deposit of 500 and 1,000 dollars. Then, there are the three most common account types: silver (5,000 dollars), gold (10,000 dollars), and platinum (25,000 dollars).
The best package is the expert account which requires a first deposit of at least 50,000 dollars. At this level, you can receive up to 80 percent bonuses. You will have several trading methods to choose from: short term option, high/low, one touch, and more.
This trading company was launched in 2010, in Cyprus. Soon after that, it has become one of the best binary options brokers in the world due to its many perks. The initial deposit must be at least 250 dollars. Furthermore, it offers plenty of educational materials as well as an easy-to-use trading platform.
However, customers can feel the lack of the demo account. This it would be useful especially for the new traders. The StockPair’s payout level can reach up to 85 percent. The company doesn’t offer anything new or surprising when it comes to accounts versions. The packages provided by StockPair are quite common for this type of market: silver, gold, platinum, and VIP accounts.
Choosing one of the company’s offers, you will have access to plenty of trading assets such as indices, stocks, commodities, and more. Furthermore, it has a multilingual customer support and a fast response rate to all the customers’ complaints.
All the best binary options brokers available on the market offer similar basic benefits such as low first deposits and motivational welcome bonuses. However, some companies have created small advantages that can make a lot of difference compared to their competitors.
Even if is true that choosing from more than 400 brokers can be a little tricky, you should always make sure you know all the necessary details such as the minimum deposit level, before you pick a trading platform.