Top 8 Binary Options Brokers in Brazil in 2024

Top 8 Binary Options Brokers in Brazil in 2024

Binary options trading involves traders making trades based on whether they feel the answer is yes or no, making it one of the most straightforward financial assets to trade.

This ease of use has great appeal among traders and newbies to the financial markets. Despite the simplicity of this form of trading, it does not appear on any of Brazil’s authorized stock exchanges. There are also no binary brokerages in Brazil.

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Surprisingly, binary options trading is a popular type of investment among Brazilians. The popularity of financial investments, particularly binary options, is growing. Therefore, Brazilian binary options traders interested in binary options must register with a regulated offshore binary options broker.

Discover top binary options brokers tailored to your region. Browse our curated lists by country:

All Brokers | Top Brokers | USA | Canada | UK | Australia | Nigeria | India | New Zealand | Germany | Turkey | Spain | France | Ukraine | China | Indonesia | Pakistan | Bangladesh | Russia | Mexico | Japan | Philippines | Vietnam | Iran | South Africa | Italy | South Korea | Argentina

Top Eight (8) Binary Options Trading in Brazil

You can find below a list of the most reliable binary options for Brazilian traders:

  • Pocket option: Most top rated binary options broker.
  • Quotex: overall best mobile app for beginners.
  • Nadex: Most popular binary options exchange.
  • Binarium: Cheap trading website for low-risk traders.
  • IQ Option: Reliable cryptocurrency trading broker.
  • Raceoption: Most reliable and fast withdrawal options.

Acknowledging this, offshore brokers have modified their platforms for Brazilian traders.

The table below lists the top offshore binary options brokers with features customized specifically for Brazilian traders.

Binary options brokers Available in Portuguese Available in English  Brazilian Real Support  Mobile App

Available in Portuguese

Pocket Option ✅️ ✅️
Quotex ✅️
Nadex ✅️
Binarium ✅️
IQ option ✅️
Binary.com ✅️
Race option ✅️
Expert option

Note: Trading binary options entail risk, and individuals should proceed with caution and undertake extensive study before getting involved in any financial transactions.

Further reading

Pocket Option: Most Top Rated Binary Options Broker

Pocket Option in Brazil

Overall Rating  4.7/5
Payout  Upto 95%
Minimum Deposit $5
Maximum Deposit  $5000
Payment Methods  MasterCard, Bank transfer, Visa, Web money, MoMo pay, Ethereum, Tether, Polyglon, QR pay
Lot Size 0.01
Assets  Currency, commodities, stock, cryptocurrencies, indices
Supported Currencies  USD, EUR, TRY, GPB, CHF, JPY, RUB
Customer Support Service  General chat, hotline, email, community help
Regulation Mwali International Service Authority.

PocketOption, founded in 2017 and owned by Gembell Limited from the Marshall Islands, distinguishes itself from other binary options brokers thanks to its industry-leading leverage and other appealing offerings. Traders can trust that their assets and personal information are secure because it is highly regulated by the Mwali International Service Authority.

Sign-up and Verification Process

To sign up, you should supply the broker with your real name and contact information. Then, you accept their terms of agreement and appendices. You can also sign up through your Facebook or Google account.

To complete the verification process, you must send a scanned or digital snapshot of your identification document, including your photo and personal information.

PocketOption in Brazil Sign-up

The company maintains the right to request further documentation from the client, such as payment bills, bank confirmations, bank card scans, or any other document required during the identification procedure. The identification or verification process should be completed in ten business days.

Trading Platform

Trading with the Pocket Option is simple. You will just need a few tools to access the trading interface. Begin by selecting the trading type (digital, quick, or forex MT5), followed by the trading asset (commodities, stocks, currencies, etc.) and chart type (area, line, bars, candles, heiken ashi). Following that, you will be in the current state of the marketplace of the chosen asset.

PocketOption in Brazil Trading Platform

Additionally, add all the required indicators to the chart and allow signals and drawings to aid in market technical research. Make your prediction and make your order using the trading panel. You can always track and monitor your trading session in the Trades section.

Furthermore, PocketOption’s Social Trading feature allows traders on the platform to interact with, learn from, and even emulate successful peers.

Trading Features

If you’re a first-time user of Pocket Option, here are some of the top features to naturally expect, including the multiple chart options, the several indicators, different pairs on the app, and a well-structured timeframe. Some other features you’ll find on the left part of the screen, as indicated in the image above, include finance, trading, achievements, and markets.

PocketOption in Brazil Trading Features

PocketOption in Brazil Trading Features

Mobile App

Android app: Available

iOS app: Available

Brazilians can access their Pocket option account through the mobile app made available by the broker. This has made trading easily accessible to everyone anywhere. You can also sign in through their web app.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are included in the app.

PocketOption in Brazil Mobile App

Assets And Instrument

Asset Type Instrument
Cryptocurrencies Bitcoin (BTC), Dogecoin (DOGE), BNB, Polygon (MATIC), Quant (QNT), Ripple (XRP), Solana (SOL), ETC/USDT. All the listed currencies can also be traded over-the-counter (OTC).
Forex Pairs EUR/USD, CAD/JPY, AUD/NZD, USD/RUB, AUD/USD, USD/CAD, NZD/JPY, CAD/CHF, EUR/CHF, CHF/JPY, and many more.
Commodities Gold, Brent Oil, WTI oil, Silver, Gold, Natural Gas, Platinum, Palladium
Stocks Apple, Citigroup, Tesla, Intel, McDonald’s, American Express, Johnson & Johnson, Visa, FedEx, Cisco, Exxon, Alibaba, Amazon, Microsoft, Meta, Pfizer, and Netflix
Indices AUS 200, US 100, DJI30, SP500, E50EUR, D30EUR, JPN225, F40EUR, 100GBP, and E35EUR

Further reading

Quotex: Overall Best Mobile App for Beginners

Quotex in Brazil

Overall Rating  4.8/5
Payout  Up to 98%
Minimum Deposit $10
Maximum Deposit  _
Payment Methods  MasterCard, Cryptocurrencies, UPI, Perfect Money
Lot Size 0.01
Assets  Stocks, currency pairs, metals, oil or gas, indices, cryptocurrencies
Supported Currencies  INR, USD, GBP, EUR, BRL, IDR, MYR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT
Customer Support Service  Via live chat
Regulation International Financial Commission

Quotex is a new-level trading platform that was launched in 2019. It is a broker regulated by the International Financial Commission, and it boasts more than 400 trading tools and learning resources for traders interested in learning how to use advanced financial instruments.

Sign-up and Verification Process

In Brazil, opening a Quotex account is simple. You are expected first to input your email address, password, and currency preference on the Quotex website. You can also sign-up using your Google account and your Facebook account. Upon registration, an email with a verification link as well as a code will be sent to you.

Quotex in Brazil Sign-up

After that, you can complete the verification process by providing a valid means of identification. Your national ID card, passport, or driver’s license. You will also upload your bank statement or utility bill to serve as proof of residence. After you’ve uploaded these documents, click “Submit.”

Your documents will be reviewed by the broker’s team in a few days, and then, once approved, you can start trading on Quotex.

Trading Platform

Quotex has a variety of features and an easy-to-use interface. It allows Brazilian traders to trade currency pairs, stocks, metals, oil or gas, majors, and cryptocurrencies. An added benefit of the trading platform is the advanced analytical tools, live market data, and a demo account it provides its users.

Quotex in Brazil Trading Platform

Trading Features

There are several features you should expect trading binary options instruments available on Quotex, from the most basic and necessary features that includes the time frame, toggle option to select instruments, the trade monitoring feature to watch open order and history, and the technical indicators as well.

On the other side, you’ll find features like signals, tournament, education/training hub, among fee other features available.

Quotex in Brazil Trading Features

Mobile App

Android App: Available

iOS App: Unavailable

Quotex in Brazil Mobile App

Quotex provides Brazilian traders with a mobile app for only Android. This allows traders to have access to their accounts at any time and anywhere. It replicates numerous web platform features, including trading execution and access to real-time data. Qoutex can also be accessed on the web as the web version has an improved user experience.

Assets And Instrument

Asset Type Instrument
Forex Pairs EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, USD/CAD, EUR/GBP, EUR/CHF, EUR/CAD, EUR/JPY, EUR/AUD, EUR/RUB (OTC), EUR/SGD, CAD/JPY, and, CAD/CHF, GBP/CAD, GBP/JPY, GBP/AUD, GBP/CHF, AUD/CAD, AUD/JPY, AUD/CHF, USD/RUB (OTC), USD/BRL (OTC), USD/INR (OTC), CHF/JPY (OTC), NZD/CAD, NZD/JPY, NZD/CHF
Commodities US Crude, UK Brent, Gold, and Silver
Stocks American Express, Boeing Company, Meta Inc., Intel, Johnson and Johnson, Pfizer Inc., McDonald’s, and Microsoft.
Indices S&P/ASX 200, Dow Jones 30, CAC 40, FTSE 100, DAX, Italy 40, Nikkei 225, NASDAQ 100, S&P500, EURO STOXX 50, IBEX 35, FTSE China A50 Index, and Hong Kong 50

Further reading

Nadex in Brazil

Overall Rating  3.5/5
Payout 
Minimum Deposit $5
Maximum Deposit  $10,000
Payment Methods  Skycrypto, sticpay, Bitcoin, FKwallet, Litecoin, Ripple, Ethereum, USD coin, Tether, VouWallet
Lot Size 0.01
Assets  Stock, Forex, Commodities, Economic events
Supported Currencies  USD, EUR, GPD, JPY
Customer Support Service  Via online chat, phone call, mail, telegram bot
Regulation Commodity Futures Trading Commission (CFTC)

The Chicago-based binary options company, Nandex, which means The North American Derivatives ExchangeTM, is the leading US exchange for binary options, call spreads, and knock-outs, providing safe and innovative market access. The popular broker, founded in 2009, is regulated by The Commodity Futures Trading Commission (CFTC).

Sign-up and Verification Process

To open a Nadex trading account, you will be expected to follow a few simple steps. Firstly, you will be required to fill in your names correctly in the provided boxes, then add your email address and username. After this, you add a strong password, which you’ll have to confirm. You then agree to their privacy policy and click on “next” ” which means your account has been created.

Nadex in Brazil Sign-up

Trading Platform

The trading platform has two account types: the demo and the real account. For risk-free trading, traders can use the demo account, which is free, and virtual funds are used for transactions. On the trading platform, real-time data and charts are provided for free.

As a Nadex member in Brazil, you can trade several markets and take advantage of an ongoing supply of short-term trading options. The platform offers traders a robust and unique suite of charts and tools that enhance successful trading. Additionally, Nadex’s website offers free blog posts, webinars, and topical information to interested Brazilian users.

Mobile App

Android App: Available

iOS App: Available

The Nandex mobile app is available on both Android and iOS. The app provides users with access to fully featured charts, technical indicators, and drawing tools anytime and anywhere. It can be accessed on both mobile devices and desktop computers.

Nadex in Brazil Mobile App

Further reading

Binarium: Cheap Trading Website for Low-risk Traders

Binarium in Brazil

Overall Rating  4/5
Payout 
Minimum Deposit $5
Maximum Deposit  $10,000
Payment Methods  Bank transfers, Web Money, QIWI, Free-Kassa
Lot Size
Assets  Cryptocurrencies, stocks, currency pairs, commodities
Supported Currencies  EUR, GRB, USD, GBP, CHF, RVB, NZD, JPY, CAD, AUD, NZD, BTC
Customer Support Service  Via messages, hotline, mail
Regulation

Binarium is a low-risk binary options broker based in Cyprus. It was established in 2012 and has continued to provide top-notch trading services to traders across the globe, including Brazil.

Sign-up and Verification Process

Signing up with Binarium is straightforward, provided you follow the instructions on the dashboard. You will be expected to add your email address and password to the spaces provided and then the currency type you wish to trade with. You’ll also be required to supply your full name.

Binarium in Brazil Sign-up

After following these simple steps, you’ll receive a pop-up message on your screen showing that your registration is successful, and you’ll be asked to confirm your registration via the Gmail you provided.

Binarium in Brazil Verification Process

On the main page, complete the registration form. Check your email for a confirmation link.

Once your account has been registered, you are ready to trade. There is no requirement for documentation. All that is required is that the “client Agreement” be accepted in the registration form.

Trading Platform

The Binarium trading platform has five different kinds of accounts. The least is the start account, followed by standard and business, and the highest is the VIP account. Traders can trade with 46 assets on start account, 53 on standard, 61 on business, 73 on premium, and 78 on VIP.

Trading rooms are not available for start and standard accounts, but a business trading room is available for business, premium, and VIP accounts. The VIP account also has a VIP trading room.

Trading Features

Features on the platform include technical indicators, multiple time frames to trade with, an assets swap feature, a trading room, an economic calendar, an education section, and more. Overall, the interface wasn’t appealing and could get novice traders confused about what it was all about.

Binarium in Brazil Trading Features

Mobile App

Android App: Available

iOS App: Available

binarium-in-brazil-mobile-app

Assets And Instruments

Asset Type Instrument
Indices US 500, US Tech 100 , Wall Street 30, Australia 200, Japan 225, UK 100, Spain 35 , Netherlands 25, Germany 40, France 40, and Europe 50.
cryptocurrencies ALG/USD, ADA/USD, AVA/USD, BAT/USD, BCH/USD, BNB/USD, BTC/USD, BTC/ETH, BTC/LTC, DOG/USD, DOT/USD, DSH/USD, EOS/USD, ETC/USD, ETH/USD, FIL/USD, IOT/USD, LNK/USD, LTC/USD, MKR/USD, MTC/USD, NEO/USD, OMG/USD, SOL/USD, TRX/USD, UNI/USD, XMR/USD, XLM/USD, XRP/USD, XTZ/USD, and ZEC/USD.
Forex Pairs AUD/USD, AUD/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, USD/CAD, USD/CHF, USD/JPY, AUD/CAD, NZD/CAD, GBP/CAD, CHF/JPY, AUD/CAD, USD/PLN, NZD/JPY, GBP/CHF, EUR/NOK, AUD/CHF, USD/SEK, NZD/USD, GBP/NOK, EUR/NZD, AUD/NZD, etc.
Commodities Aluminium/USD, Copper/USD, Gold/EUR, Gold/USD, Lead/USD, Nickel/USD, Palladium/USD, Platinum/USD, Silver/EUR, Silver/USD, Zinc/USD, Brent crude oil, and West Texas Intermediate
Stocks Walmart Inc, Porsche Automobil Holding SE, Salesforce.com Inc, Paypal, Netflix Inc, McDonald’s, Johnson & Johnson, HP Inc, General Motors Company, Facebook Inc, Deutsche Bank AG, Coca-Cola, Boeing, Bayer AG, American International Group, Airbus SE, Adidas Salomon, Mastercard Inc, Intel, JP Morgan Chase, IBM, Delta Air Lines, Citigroup, BMW, American Airlines Group Inc, Alibaba Group Holding Ltd, Airbnb, Apple, and Amazon.com Inc.
ETFs GDX.US, GLD.US, HYG.US, IEMG.US, IJR.US, IVV.US, IVW.US, IWM.US, LQD.US, QID.US, SDS.US, SLV.US, SPXS.US, SPY.US, TBT.US, TQQQ.US, UNG.US, VEA.US, VNQ.US, VOO.US, VTI.US, VWO.US, XLE.US, XLF.US, and XLK.US.

Further reading

IQ option: Reliable Cryptocurrency Trading Broker

iq-option-in-brazil

Overall Rating  4.7/5
Payout  Upto 98%
Minimum Deposit $10
Maximum Deposit  $20,000
Payment Methods  Visa, MasterCard, Skrill, GlobePay, UPI, Perfect Money, Advcash
Lot Size 0.1
Assets  Cryptocurrencies, Forex, commodities, indices, stocks
Supported Currencies  USD, INR, GBP, EUR
Customer Support Service  via email and social media platforms
Regulation Cyprus Securities and Exchange Commission

IQ Option, launched in 2013 by Andrey Lopatin and Roman Shaykov, is a well-known online trading platform headquartered in Cyprus and regulated by the Cyprus Securities and Exchange Commission. It has a user-friendly interface with more than 300 trading instruments. This establishes IQ Option as one of the best options for traders in Brazil

Sign-up and Verification Process

IQ option in Brazil Sign-up

The sign-up process for IQ Option is straightforward. First head to their website and click on the sign up button. As a newcomer, you will be asked to fill in your email address and password. After that, you will have to tick the small box to agree to the broker’s terms and conditions.

IQ option in Brazil Verification Process

Then, the trading platform begins to download. After a successful download, you can start your trading activities on IQ Option.

For account verification, you can submit a passport, ID card, driver’s license, or residence permit to verify who you are. Also, upload your utility bill, bank statement, or tax statement to confirm your address. IQ Option typically completes its review within one business day of receiving your records.

Trading Features

Some of the key features beyond the well customized trading interface , the chart, multiple time zones to trade with, deposit, withdraw, trading monitor, and technical indicators. You’ll find options like setting trading alerts, demo trading, and education sections.

IQ option in Brazil Trading Features

Trading Platform

Due to its easy-to-use user interface and multiple features, IQ Option has grown to be one of the most reliable binary options trading platforms in Brazil. Interestingly, real-time charts, trading signals, and market tools can be accessed on the site, allowing for informed choices.

The easy design of IQ Option makes trading simple for beginners. This broker has robust educational resources filled with instructional videos, webinars, and other materials that guarantee the adequate preparation of Brazilian traders for successful trading.

Mobile App

Android App: Available

iOS App: Available

The broker has an award-winning mobile trading platform. It appeals to a wide spectrum of traders due to its easy-to-navigate layout. It has over 300 assets available on the web platform, including currencies, indices, commodities, and stocks. It allows for the trading of gold, oil, shares, and commodities to be carried out on the platform.

IQ option in Brazil Mobile App

Assets And Instruments

Asset Type Instrument
Cryptocurrencies Bitcoin (BTC), Dogecoin (DOGE), BNB, Polygon (MATIC), Quant (QNT), Ripple (XRP), Solana (SOL), ETC/USDT. All the listed currencies can also be traded over-the-counter (OTC).
Forex Pairs AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/JPY, EUR/GBP, EUR/NZD, EUR/USD, USD/CHF, USD/CNH, USD/JPY, USD/SEK.

Further reading

Binary.com (Deriv): Most Trusted Binary Options Broker

Binary.com (Deriv) in Brazil

Overall Rating  4.6/5
Payout  Upto 95%
Minimum Deposit $5
Maximum Deposit  $10,000
Payment Methods  MasterCard, Visa, E-wallets, Changelly, Xanpool, Bank transfers, Banxa
Lot Size 0.01
Assets  Forex, stocks and indices, derived indices, cryptocurrencies, commodities
Supported Currencies  USD, GBP, EUR, AUD, JPY, CAD
Customer Support Service  via WhatsApp and live chat
Regulation Labuan Financial Services Authority and British Virgin Island Financial Services Commission.

Binary.com, popularly known as Deriv, which was founded in 1999, has grown to become an exceptional trading platform known for its efficiency and versatility. Due to its reliability and solid reputation, it attracts millions of traders globally and has a considerable user base in Brazil.

It is also regulated by key global financial regulators like the Labuan Financial Services Authority and the British Virgin Island Financial Services Commission.

Sign-up and Verification Process

Creating a Deriv Demo account is as basic as entering your email, Google, or Facebook details. You sign up by filling in your email address and password. This gives you the opportunity to become familiar with the platform and get acquainted with its features before starting actual trading.

Binary.com (Deriv) in Brazil Sign-up

When you’re ready to upgrade from trading with a demo account, you will have to open a real account and select a base currency such as USD, GBP, EUR, or AUD, as Deriv does not support BRL. Provide personal information as well as required papers such as a passport and utility bill for identity verification. Once approved, you can trade with confidence on Deriv.

Trading Platform

Deriv binary options trading platform provides several secure trading options, such as automated trading and the possibility to use Trailing SP/TP. While no educational programs are available, professional consultations are available. The website allows users to trade directly from charts, via API with a single click, making the trading procedure simple and easy.

Trading Features

Whether you’re a novice or pro trader, you’ll find several tools from the most basic to the sophisticated ones on the platform. Some of these include the deposit and withdrawal option, the chart customization feature that includes the candle sticks, time frame adjustments, different indicators, and several analysis tools to draw on your chart.

You’ll find features on user education and the in-chat support to help resolve issues quickly.

Binary.com (Deriv) in Brazil Trading Features

Mobile App

iOS: Available

Android: Available

Deriv provides two mobile platforms for Brazilian users, one for newbies and the other for experienced users. Deriv GO is intended for beginners with an easy-to-use interface, whilst Deriv X offers extensive capabilities for experienced traders.

Binary.com (Deriv) in Brazil Mobile App

Assets And Instruments

Asset Type Instrument
Indices US 500, US Tech 100 , Wall Street 30, Australia 200, Japan 225, UK 100, Spain 35 , Netherlands 25, Germany 40, France 40, and Europe 50.
cryptocurrencies ALG/USD, ADA/USD, AVA/USD, BAT/USD, BCH/USD, BNB/USD, BTC/USD, BTC/ETH, BTC/LTC, DOG/USD, DOT/USD, DSH/USD, EOS/USD, ETC/USD, ETH/USD, FIL/USD, IOT/USD, LNK/USD, LTC/USD, MKR/USD, MTC/USD, NEO/USD, OMG/USD, SOL/USD, TRX/USD, UNI/USD, XMR/USD, XLM/USD, XRP/USD, XTZ/USD, and ZEC/USD.
Forex Pairs AUD/USD, AUD/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, USD/CAD, USD/CHF, USD/JPY, AUD/CAD, NZD/CAD, GBP/CAD, CHF/JPY, AUD/CAD, USD/PLN, NZD/JPY, GBP/CHF, EUR/NOK, AUD/CHF, USD/SEK, NZD/USD, GBP/NOK, EUR/NZD, AUD/NZD, etc.
Commodities Aluminium/USD, Copper/USD, Gold/EUR, Gold/USD, Lead/USD, Nickel/USD, Palladium/USD, Platinum/USD, Silver/EUR, Silver/USD, Zinc/USD, Brent crude oil, and West Texas Intermediate
Stocks Walmart Inc, Porsche Automobil Holding SE, Salesforce.com Inc, Paypal, Netflix Inc, McDonald’s, Johnson & Johnson, HP Inc, General Motors Company, Facebook Inc, Deutsche Bank AG, Coca-Cola, Boeing, Bayer AG, American International Group, Airbus SE, Adidas Salomon, Mastercard Inc, Intel, JP Morgan Chase, IBM, Delta Air Lines, Citigroup, BMW, American Airlines Group Inc, Alibaba Group Holding Ltd, Airbnb, Apple, and Amazon.com Inc.
ETFs GDX.US, GLD.US, HYG.US, IEMG.US, IJR.US, IVV.US, IVW.US, IWM.US, LQD.US, QID.US, SDS.US, SLV.US, SPXS.US, SPY.US, TBT.US, TQQQ.US, UNG.US, VEA.US, VNQ.US, VOO.US, VTI.US, VWO.US, XLE.US, XLF.US, and XLK.US.

Further reading

RaceOption: Most Reliable and Fast Withdrawal Options

RaceOption in Brazil

Overall Rating  2.5/5
Payout  Upto 85%
Minimum Deposit $50
Maximum Deposit  _
Payment Methods  VISA, Bitcoin, Perfect Money, Wire Transfer, WebMoney, QIWI, Neteller
Lot Size
Assets  Stocks, commodities, currencies, indices
Supported Currencies  USD, EUR, RUB, GBP
Customer Support Service  Via live chat
Regulation International Financial Market Relations Regulation Center (IFMRRC)

Race Projects Ltd launched Raceoption in 2017. Although not registered in Brazil, it caters to the needs of Brazilian traders by offering CFD products for users who want to trade binary options as well as the traditional CFD market. It is regulated by IFFMRRC.

Sign-up and Verification Process

The sign-up process for Brazilian users is easy to follow. You’ll first be required to type in your email address and a password, then your name and surname. After this, you will input your country code in the right box, together with your phone number.

After agreeing to their terms and risk statement and clicking the “next” button, you have successfully created an account for yourself on the RaceOption platform.

RaceOption in Brazil Sign-up

You will also need to verify your account before you can start real trading for a seamless transaction during withdrawals. For verification, you need to upload a valid means of identification and a document to confirm your residential address.

Trading Platform

RaceOption offers two trading account platforms. The demo account and the real account. To gain demo account access, you must first fund your trading account and then contact customer care to obtain demo account credentials.

To start with the real account option, simply fund your account and log in to the platform to begin trading binary options. Binary options trading will be displayed by default. To begin trading, select CALL or PUT options based on your forecast.

Trading on the RaceOption platform allows instant trade execution, displays live charts of every CFD offered on the platform, and allows traders to examine their entire trading history.

Trading Features

The features on Race Option are easily identified due to their well designed icons. On the trading dashboard where you have your charts, you’ll find features including time fares settings, search options for instruments, technical indicators, analysis tools, multiple chart displays, and even the option to select between TradingView and Tick Chart.

RaceOption in Brazil Trading Features

Mobile App

Android app: Available

iOS app: Available

The Raceoption mobile apps are easily accessible through the app stores of the iOS and Android operating systems. These mobile apps are fully developed for both smartphones and tablets, but the Raceoption WebTrader can also be utilized for trading if you prefer a browser-based trading experience.

There is only one login for each account, providing full access to both the mobile trading apps and the web platform. You should experience the Raceoption mobile trading app as it allows you to stay connected with the global market and never miss a trading opportunity.

RaceOption in Brazil Mobile App

Assets And Instrument

Asset Type Instrument
Forex Pairs EUR/USD, GBP/USD, USD/CAD, USD/TRY, USD/RUB, NZD/USD, AUD/USD, GBP/CHF, AUD/CHF, CAD/JBP and more!
Commodities Gold, Silver, Platinum, Sugar, Coffee, Crude oil, etc.
Stocks IBM, Apple (US), Amazon Inc., British Petroleum (BP), Nike (US), Microsoft (US), Amazon, Disney, Tesco, Nissan, Coca-Cola (US) and more.
Indices S&P 500, DOW (US), MSM 30, DAX 30, mFTSE 100 and more.

Further reading

Expert option: Most Beginner-friendly Website

Expert option: in Brazil

Overall Rating  4.5/5
Payout  Upto 95%
Minimum Deposit $10
Maximum Deposit  $2500
Payment Methods  MasterCard, bank transfers, Neteller, Binance pay, cryptocurrencies, Maestro, Skrill, Perfect money
Lot Size 0.1
Assets  ETFs, stocks, indices, metals, commodities
Supported Currencies  USD
Customer Support Service  Online chat, mail
Regulation The Financial Commission.

ExpertOption is a trustworthy broker that is excellent for both novice and experienced traders. It is an award-winning platform that provides reliable, simple, and fast trading services to traders.

With a minimal minimum deposit and fast execution, it’s an excellent option for Brazilian traders looking for a smooth and easy trading experience. It is verified by Visa and MasterCard and also regulated by The Financial Commission.

Sign-up and Verification Process

Signing up for the Expert Option has been made easy for beginners in Brazil and other countries. You can go to their website and click on the login button. Then, you will have to type in your email address and choose a strong password for your account. After doing this, you have successfully created an account.

Sign-up and Verification Process

Verification is required for complete account activation. This entails uploading a genuine government-issued ID, such as a driver’s licence or passport. A recent utility bill or bank statement is also required for address confirmation. You can proceed to account settings and choose the “Verification” tab to upload these documents.

Trading Platform

ExpertOption’s platform is simple to use as it is equipped with educational resources and strong analytical tools to help you make informed selections. Unlike most brokers who utilize platforms such as MetaTrader 4 or 5, ExpertOption developed its own platform that can be customized to meet the demands of any client.

This platform is compatible with mobile as well as desktop computers. Brazilian beginner traders can easily navigate this broker thanks to its user-friendly design. Furthermore, its social trading function allows clients to study and even copy the strategies of already successful traders.

Trading Features

There are several features available on the Expert Option that immerses you in the trading experience. This includes technical indicators like MACD and oscillator, technical charts, withdrawals, and deposit options, toggle to switch between instruments to trade and timeframe, and other customizable features.

expert-option-in-brazil-trading-features

Mobile App

Android app: Available

iOS app: Available

Expert Option app can be accessed on Android with an OS that is 4.4 and higher. It can also be accessed on iOS with 8.2 and higher. It is available for Windows and Mac OS with the necessary requirements.

The ExpertOption mobile app provides an enjoyable trading experience with over 100 assets and a diverse range of stocks. It provides a variety of trading options, allowing traders to diversify their investments.

Its quick transaction execution is a distinguishing feature, allowing customers to capitalize on real-time changes in the markets. With live quotations, traders always have up-to-date information, allowing them to make quick and informed decisions.

Expert option: in Brazil Mobile App

Assets And Instruments

Asset Type Instrument
Indices Smarty, Facebook (Meta), Alibaba, Google, Apple, Amazon, Microsoft, Tesla, Lockheed Martins, IBM, YUM, McDonald, Disney, Ford, Citi Group, Goldman Sachs, Coca-Cola, Baidu, Netflix, Intel (OTC), Google (OTC), and Meta (OTC).
Forex Pairs EUR/USD, EUR/GBP, USD/JPY, GBP/USD, USD/CAD, AUD/USD, NZD/USD, USD/CHF, AUD/CAD, AUD/JPY, EUR/AUD, GBP/CHF, GBP/CAD, AUD/CHF, EUR/JPY, AUD/NZD, and EUR/CHF.
Commodities Gold, Brent Oil, Silver, Platinum, and Copper.
Stocks Altcoin Index, Top Crypto Index, US Dollar Index, US Wall St 30, Hong Kong 33, and German 30.
ETFs QQQ Trust Series 1, S&P 500 ETF, Total Stock Market ETF, Emerging Markets ETF, Russell 2000 ETF, Gold Shares ETF, 20+ Years Treasury Bond ETF, Developed Market ETF, Japan ETF, US Oil ETF, US Natural Gas Fund, Energy Sector ETF, etc.

Further reading

Conclusion

Although a lot of Brazilians are making money off binary options trading, there are no locally licensed brokers in Brazil. The reliable binary brokers in Brazil are international brokers who have been able to offer simple and secure payment solutions with a dependable Portuguese interface while still preserving their license status with their country’s regulatory body.

Brazilian binary options traders should note that the main risk in binary options trading is market volatility and the traders’ choice of a broker.

However, with adequate educational tools, anyone can make safer decisions by thoroughly comprehending the underlying markets, the strategies involved, important terms, and contract conditions. These factors will reduce the likelihood of major losses.

To further guide you in making an informed decision, we’ve compiled two additional resources for your convenience.

1. Top Binary Options Brokers Reviewed:

Navigate through our comprehensive table, which breaks down 118 brokers. Whether you prioritize regulatory security or diverse trading platforms, this table will provide a broad overview.

    • binary.com
      binary.com
      4.4/5
      Read review Start trading

      Binary.com is a stable broker recognized for offering favorable conditions to trade currencies, futures, and options. With 20 years of experience, this broker is a reliable choice for earning money.

      They give a free practice account and one real account with a minimum deposit of only $5. Different platforms offer various ways to trade, making it easy for clients to choose what suits them.

      Pros
      • The organization has been in business for over 20 years
      • The minimum amount to replenish and initiate a bid is $5 and $1, respectively.
      Cons
      • There are occasionally platform malfunctions; trust management accounts are absent
      • There are occasional delays when withdrawing money.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.5 USD
      Regulator
      Vanuatu Financial Services Commission (VFSC), Labuan Financial Services Authority, Malta Financial Services Authority
      Min. deposit
      5 USD
      Bonus
      No bonus currently offered
    • Binomo
      Binomo
      4.2/5
      Read review Start trading

      Binomo is a reliable broker that’s great for beginners, with easy-to-follow training and strategies. The broker offers a demo account where users can learn the platform first without risking real money.

      There are three real accounts: Standard, Gold, and VIP. Professionals also prefer Binomo because of the many options, favorable conditions for trading, and tools to help predict prices.

      Pros
      • The broker sources quotes from the top news organizations
      • The trading platform is sophisticated and features a large variety of assets.
      Cons
      • High minimum deposit compared to its rivals
      • Lack of investment plans or cent accounts
      • The platform is a bit complex, with a steep learning curve.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      $1
      Regulator
      International Financial Commission (IFC)
      Min. deposit
      $10
      Bonus
      Up to 100% on deposit
    • Expert Option
      Expert Option
      4.1/5
      Read review Start trading

      Expert Option is a broker that deals with binary options trading and claims to have more than 30 million trustworthy clients. They have bonus and referral programs to give clients extra money for trading and passive income.

      The broker supports over 20 payment systems, but doesn't offer other investments. The website is in 15 languages, with the trading conditions clearly articulated. Users have access to analytical materials and training videos.

      Pros
      • Users can start trading with just $10
      • Users can trade from either a personal computer or a mobile device.
      Cons
      • The broker has no conditions for active trading
      • The broker lacks an investment program.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      $1
      Regulator
      Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA)
      Min. deposit
      $10
      Bonus
      Up to 100% on deposit
    • IQ Option
      IQ Option
      4/5
      Read review Start trading

      IQ Option stays ahead of its competitors with solid marketing and technology, providing advanced tools for analysis. Its interface might seem complex, but it has excellent charting and unique features like topic chats.

      Although it has issues like country restrictions and platform lags, it creatively blends options and forex for a great trading experience.

      IQ Option has expanded to include digital options with high yields and cryptocurrency assets. It holds a decent rating, making it worth trying with a demo account.

      Pros
      • The platform is user-friendly and has positive ratings
      • The broker has among the best pay rates in binary options.
      Cons
      • The broker's online platform is heavy on the user’s computer RAM
      • The platform has a learning curve
      • There are delays in cash withdrawals.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      $1
      Regulator
      CySEC
      Min. deposit
      $10
      Bonus
      Occasional promotions and trading competitions
    • Binarium
      Binarium
      4/5
      Read review Start trading

      Binarium is a broker for people who are new to trading. They have a simple website for beginners needing some extra guidance. They focus on binary options using an easy trade method where the user guesses the price after a specific time. Binarium offers two options: Turbo (1-5 minutes) and long-term. In the interest of safety, they don't provide risky options, leverage, or a system called Martingale. Though there are limited options available, Binarium offers choices such as There is no Touch, Range, or Ladder. They also have a service where you can copy the trades of others, available in your account's Trading Room.

      Pros
      • The broker has an easy-to-use interface
      • No additional costs.
      Cons
      • There are fewer trading instruments and technical analysis indicators (less than 15) compared to other brokers
      • Limited selection of available options
      • Although the broker states an "up to 90%" return, the actual yield is closer to 70–80%.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      Not specified
      Regulator
      Not regulated by any major authority
      Min. deposit
      $5
      Bonus
      Up to 100% deposit bonus
    • IG.com
      IG.com
      3.9/5
      Read review Start trading

      As a sector of IG Group, IG Markets focuses specifically on retail CFD services. Clients can open accounts in IG Group subsidiaries to effortlessly access the market and start trading. IG’s trading conditions favor long-term and active traders, and there are no restrictions on foreign traders. However, a (recently reduced) minimum deposit of $1,000 may still deter newcomers. A drawback of IG is that its interface is not very user-friendly, though this can be managed with practice.

      Pros
      • The American regulators CFTC and NFA and the British regulator FCA have granted licenses to IG’s subsidiaries.
      • IG has favorable spreads, ranging from 0.6 to 1 pip, depending on the kind of instrument.
      • 24/7 customer service is available.
      Cons
      • There is a high threshold of entry, which discourages novice traders.
      • The verification procedure is complicated and selective. There are cases of refusal to open an account due to unconfirmed or low income.
      • There are technical problems with order execution (according to traders' feedback).
      • Users have reported that the interface has a high learning curve.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 lots
      Regulator
      ASIC, FCA (UK), MAS (Singapore), BMA, CFTC, DFSA, FINMA, FSCA, JFSA
      Min. deposit
      $250
      Bonus
      None
    • SPECTRE.AI
      SPECTRE.AI
      3.8/5
      Read review Start trading

      Spectre.ai is a trustworthy broker offering various trading tools and direct trades without broker interference. Beginners can begin with a demo account, and the minimum deposit to start a real account is only $10. Daily verifications in a public digital record keep things transparent for users. Since Spectre.ai’s conception, there haven't been big complaints, and minor problems for clients are quickly addressed.

      Pros
      • $10 minimum deposit
      • Cheap floating spreads on popular currency pairs starting at 0.0 pips
      • The broker offers both a mobile terminal and a dedicated web trading platform.
      Cons
      • There is no toll-free number for technical support
      • There is no support for the single proprietary terminal.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      $1
      Regulator
      None
      Min. deposit
      $10
      Bonus
      None
    • Alpari
      Alpari
      3.7/5
      Read review Start trading

      Alpari has been in the forex and options market for 21 years. It's a trusted broker that helps both new and experienced traders. For beginners, there's a cent account; for professionals, there are ECN accounts with lower spreads. Alpari watches manager ratings to keep investors safe. The broker works with experienced and new traders, quickly solving any problems. Alpari has no conflicts and updated its website in 2019 for better accessibility. Alpari's customer-centric focus and continuous upgrades of its services mean it is a popular choice in Europe.

      Pros
      • Numerous trading accounts which cater to varying degrees of expertise and objectives
      • Responsive and knowledgeable customer service department.
      Cons
      • There is no weekend trading
      • The process of withdrawing money is done occasionally after delays.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      0.01 Lot
      Regulator
      Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA)
      Min. deposit
      100 USD
      Bonus
      Loyalty Cashback, Deposit Bonus
    • Dukascopy
      Dukascopy
      3.4/5
      Read review Start trading

      Dukascopy has emphasized customer service and top trading conditions for over 14 years. Features such as swift order execution, accurate quotes, and high liquidity assets place Dukascopy among Europe's safest brokers. Multilingual support is available 24/6 for prompt assistance via phone, chat, or feedback form. Positive feedback highlights accreditation, good trading conditions, and deposit security. However, criticisms include long withdrawals, high commissions, and slow account verification due to stringent security measures.

      Pros
      • Deposit protection up to CHF 100,000 per client
      • ECN trading technology.
      • Low spreads – from 0.1 pips on EUR/USD.
      Cons
      • Leverage goes up to 1:200, which is less than most brokers offer.
      • Higher trading commissions for Islamic accounts.
      • It is impossible to open new positions on weekends.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 lots
      Regulator
      FINMA
      Min. deposit
      100 USD
      Bonus
      Equity Bonus, Discount Program, Anniversary Bonus
    • Intrade.Bar
      Intrade.Bar
      3.4/5
      Read review Start trading

      Intrade Bar is a new binary options broker claiming to be trustworthy with clear rules. They have fixed payouts, like 82% for a 3-minute bet and 85% for bets over $80. Money withdrawal takes 5 minutes, but sometimes they have delays lasting 2-3 days. They offer a unique, customizable platform usable on any browser. You don't need scanned documents for e-wallet transactions; bank verification is necessary. Intrade Bar doesn't have contests or bonuses.

      Pros
      • They offer a risk management function, which is the ability to set acceptable values of loss and profit
      • They have a low minimum deposit.
      Cons
      • Their website lacks learning material.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      1 USD
      Regulator
      -
      Min. deposit
      10 USD
      Bonus
      100% Deposit Bonus
    • Close Option
      Close Option
      3.4/5
      Read review Start trading

      Close Option's trading platform has various currency pairs, including well-known ones like USD and EUR as well as cryptocurrencies like ETH/USD. Traders can only use their money, as the platform does not provide leverage. Another drawback is that weekend trading isn't available to protect traders' money during high market changes. Close Option warns about possible delays in processing prices, which may cause slight price differences, leading to profit or loss.

      Pros
      • Authorized by a reliable financial National Bank of Georgia.
      • Payment amounts grow in proportion to increased trading volumes.
      • Several channels for contacting round-the-clock technical help.
      Cons
      • A limited selection of trading assets
      • No weekend trading, and no leverage available
      • You can make payments on accounts with smaller deposits than rival brokers.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      0.01 lots
      Regulator
      Not regulated by any major authority
      Min. deposit
      $100
      Bonus
      Up to 100% Deposit Bonus
    • CloseOption
      CloseOption
      3.4/5
      Read review Start trading

      CloseOption provides an extensive collection of forex and crypto Options. Its minimal user interface and low deposit threshold also make it appealing to traders of all experience levels. What else could you want from a Binary Options broker?

      Crypto Coins
      No
      Demo account
      Yes
      Min. Trade
      -
      Regulator
      -
      Min. deposit
      5$
      Bonus
      Weekly trading contests with prizes.
    • Insta Forex
      Insta Forex
      3.3/5
      Read review Start trading

      InstaForex is a reliable and professional service for traders of all types, from beginners to experienced traders. There are various account types available, a low minimum order, and over 2,500 forex instruments. Customer reviews are positive, especially praising their excellent customer service. The website is easy to use, providing quick access to information.

      Pros
      • The broker offers products for passive investments, such as copy trading services and PAMM accounts
      • The broker has unconventional technical solutions like Stock Basket, OYS accounts, InstaSpot (P2P spot trading), etc.
      Cons
      • Restrictions create difficult circumstances for European retail traders
      • Up to 15 seconds, a lag may occur between a deal completed by a trader and the trade replicated to the investor's account on the social trading platform.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      BVI FSC, CySEC
      Min. deposit
      $1
      Bonus
      Welcome bonuses, No Deposit Bonus, Club Bonus, 55% Bonus, 30% Bonus, 100% Bonus
    • Hirose
      Hirose
      3.3/5
      Read review Start trading

      Alright, let's talk about Hirose. From what folks have been saying online, it seems like this broker is getting some mixed feedback. On the positive side, users appreciate their user-friendly platform and commend them for the decent customer support they provide – always a plus when you're navigating the trading world. However, there are whispers about withdrawal issues that might raise an eyebrow or two. Some traders aren't too thrilled about delays in getting their money out, which can be a bit of a downer if you need your funds quick. And while every service has its ups and downs, it's worth noting that these reviews give us a heads-up on what to expect. Just remember, take everything with a grain of salt and do your own research too!

      Pros
      • Regulated by FCA
      • Low minimum deposit
      • MT4 platform
      • Islamic account option
      Cons
      • Limited trading instruments
      • No MetaTrader 5
      • No social or copy trading
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 lots
      Regulator
      FCA (UK)
      Min. deposit
      $20
      Bonus
      No
    • EOption
      EOption
      3.2/5
      Read review Start trading

      The eOption broker is a stockbroker in the US, which means it's more suitable for American traders. One can start with just $1, but you might need at least $25,000 if you're from another country. Most US brokers, including eOption.com, require a $2,000+ deposit for margin trading. However, eOption stands out with lower commissions for trading options. The downside is the limited investment options. They only offer the Auto Trading service, which might cater to more experienced traders.

      Pros
      • No minimum deposit is needed for US residents to open cash trading accounts.
      • Securities Investor Protection Corporation (SIPC) provides access to FINRA membership and safeguards client funds.
      Cons
      • There are a few investment options available for generating passive income.
      • The business's website does not offer a live chat feature.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      Not specified
      Regulator
      Financial Industry Regulatory Authority (FINRA), SEC
      Min. deposit
      $500
      Bonus
      None reported
    • FINRALLY
      FINRALLY
      2.8/5
      Read review Start trading

      Discover the world of online trading with FINRALLY, a broker that's making waves among traders for its user-friendly platform and exceptional service. Clients rave about the seamless experience from sign-up to trade execution, highlighting the ease with which they can navigate through market opportunities.

      FINRALLY sets itself apart with unique features that cater to both novice and experienced traders. Their cutting-edge tools are designed to empower your trading strategies, while their dedicated support team is always on hand to ensure you're never left in the dark. Join a growing community of satisfied traders who have found a reliable partner in FINRALLY for their investment journey.

      Pros
      • The ability to invest in a fixed yield account for trust management
      • Prompt money withdrawal
      • A demo account is available.
      Cons
      • The broker is not regulated./li>
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      Not specified
      Regulator
      Not regulated by any major authority
      Min. deposit
      $250
      Bonus
      Up to 100% deposit bonus
    • Grand Capital
      Grand Capital
      2.7/5
      Read review Start trading

      Grand Capital is a New York-based broker focusing on advanced technology, using ECN to place orders in the currency market. Grand Capital prioritizes safety, with a separate cryptocurrency account and blockchain protection called Serenity. Customers can use Grand Capital’s proprietary platform as well as the MT4 and MT5 platforms. The downside of Grand Capital is the high fees for specific accounts and withdrawals.

      Pros
      • Direct access to Currenex guarantees rapid order execution in ECN accounts and comparatively low spreads. It facilitates passive investment. The Financial Commission regulates the broker.
      Cons
      • Stock binary options are not available
      • Uncontrolled brand
      • Fees incurred with withdrawals.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      FinaCom PLC
      Min. deposit
      $10
      Bonus
      Deposit Bonus, No Deposit Bonus, Contests
    • GC Option
      GC Option
      2.5/5
      Read review Start trading

      In a space crawling with scam brokers, GC Option is a lifesaver.

      GC Option earns a TB score of 5 out of 10, due in part to its minimalist approach to trading, competitive payouts, and prompt customer support.

      Pros- Competitive payout that goes as high as 86% - Both proprietary and MT4 trading platforms are available - Beginner-friendly - Demo account with $10,000 pre-loaded as virtual funds - Offers multiple account types
      Cons- Isn’t a regulated broker - Not a massive selection of assets - Not available in the US.
      Crypto Coins
      No
      Demo account
      Yes
      Min. Trade
      -
      Regulator
      FinaCom
      Min. deposit
      10$
      Bonus
      The maximum bonus amount offered by GC Option is capped at $10,000.
    • Raceoption
      Raceoption
      2.3/5
      Read review Start trading

      RaceOption is a worldwide trading company which specializes in forex binary options and copy trading. The broker has three account types and a demo option suitable for all traders. The platform is website-based, meaning no installations are necessary to get started. There are no extra fees. RaceOption does not offer training, but it is available to all traders worldwide, helping users make money actively or passively.

      Pros
      • The broker offers various ways you can generate income
      • Users have access to numerous deposit and withdrawal methods
      • The broker provides services to traders globally.
      Cons
      • The broker charges a commission of 5% when VISA cards are used to deposit or withdraw
      • No training or educational materials available.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      $1
      Regulator
      None
      Min. deposit
      $25
      Bonus
      20-100% deposit bonus depending on the amount
    • London Capital Group
      London Capital Group
      1.9/5
      Read review Start trading

      LCG Trader started in 1996. LCG Trader wants to give good services and keep trading affordable to its clients. You only need $10 to open an account. They help beginner traders with training and learning materials. If you're Muslim, they have swap-free accounts. LCG mainly works with active traders, so no passive income programs or contests. But, be aware they can't work with people from certain countries like Australia, Canada, and the USA.

      Pros
      • Low minimum deposit requirements.
      • They have many trading instruments.
      • It offers Islamic accounts.
      Cons
      • The broker does not accept clients from certain countries.
      • Support for customers is closed on weekends.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 lots
      Regulator
      FCA (UK)
      Min. deposit
      100 GBP
      Bonus
      None
    • MaxiMarkets
      MaxiMarkets
      1.8/5
      Read review Start trading

      MaxiMarkets is an experienced online brokerage aiming to lead this field. They offer top-notch tools and various assets for traders to maximize profits. Established in 2008, MaxiMarkets has grown rapidly, allowing clients worldwide to trade forex, crypto, stocks, commodities, and indices. It operates from St. Vincent and Grenadines and is an offshore broker without official regulation. They provide advanced MetaTrader 4 (MT4) platforms for seamless desktop, web, and mobile trading experiences. Their own user-friendly platform suits beginners. They offer many tradable assets with competitive fees based on the account type and initial deposit amount.

      Pros
      • It has many tradable assets.
      Cons
      • It doesn't accept US clients
      • It is not regulated
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      Not regulated by any major authority
      Min. deposit
      $500
      Bonus
      Varies (subject to current promotions)
    • Nadex
      Nadex
      1.7/5
      Read review Start trading

      Nadex is a trustworthy, CFTC-regulated broker which has secure accounts at Fifth Third Bank. Users enjoy easy access to liquidity providers, no limits on daily trading orders, and the option to open short-, medium-, or long-term positions.

      The broker's unique platform has over 2400 assets and some safety features like stop orders. It's more suitable for experienced traders due to its relatively high minimum deposit ($250) and withdrawal fee ($25 per request).

      Pros
      • CFTC regulates the broker
      • A wide range of tradable assets
      • The broker's binary options toolkit is simple to operate.
      Cons
      • The broker charges a $1 commission for each trade
      • The broker offers only three types of options.
      Crypto Coins
      Yes
      Demo account
      No
      Min. Trade
      $1
      Regulator
      CFTC
      Min. deposit
      $250
      Bonus
      None
    • 365 trading
      365 trading
      1.6/5
      Read review Start trading

      365 Trading lets you trade binary options quickly and easily. The platform responds to user feedback and uses that feedback to continually improve their platform. Users enjoy the different tools available on the platform, such as the unique charting tool, and customers can switch between line graphs and candlesticks. The broker also has a robot for the latest news. It's a great choice for beginners, as it has training videos. The platform is in English, Norwegian, Swedish, Danish, and German.

      Pros
      • This broker offers up to 85% in returns
      • Educational materials are available for novice traders
      • Offers an unlimited maximum bonus.
      Cons
      • The required minimum deposit is relatively high at $100.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      CySEC
      Min. deposit
      $100
      Bonus
      No
    • Binarycent
      Binarycent
      1.5/5
      Read review Start trading

      Binarycent is a broker for binary options. Visa Inc. and Mastercard Inc. check the broker to ensure your information is safe with SSL encryption.

      Even though it's not regulated, you can make money using their Copy Trades Tool and an affiliate program. The website is easy to use in 8 languages, but some parts are only in English.

      Pros
      • Quick and straightforward registration process
      • Fast and convenient money withdrawal.
      Cons
      • The broker operates without a license or other regulations
      • Lack of instructional materials
      • A sizable minimum deposit amount is required.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.1 lot
      Regulator
      None
      Min. deposit
      $250
      Bonus
      Up to 100% deposit bonus
    • IQCent
      IQCent
      1.5/5
      Read review Start trading

      If you trade frequently and aggressively, using leverage, IQCent is the forex broker for you.

      If you also want to make the most of your idle funds, this platform has options to help you maximize yields.

      Crypto Coins
      No
      Demo account
      Yes
      Min. Trade
      -
      Regulator
      IFMRRC
      Min. deposit
      $10
      Bonus
      Bonus programs can start at 20% of the deposit value
    • E*Trade
      E*Trade
      1.1/5
      Read review Start trading

      Discover the world of trading with a broker that combines innovation and ease. E*Trade stands out as a user-friendly platform, perfect for both novice and seasoned investors alike. With its cutting-edge tools and resources, you're equipped to make informed decisions on a wide array of investment options from stocks to ETFs.

      E*Trade is renowned for its robust mobile app, ensuring you have the power to manage your investments anytime, anywhere. The platform's commitment to providing educational support empowers you to grow your knowledge while expanding your portfolio. Join a community of traders who value a seamless, supportive, and dynamic trading experience. Start your investment journey today and take part in the financial markets with confidence!

      Pros
      • $0 commission trades for stocks and ETFs
      • Extensive research and educational resources
      • Advanced trading platforms
      • Robo-advisory services
      Cons
      • Limited product portfolio
      • No forex or crypto trading
      • Higher margin rates
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      Not specified
      Regulator
      SEC, Financial Industry Regulatory Authority (FINRA)
      Min. deposit
      $0
      Bonus
      None specified
    • E-Trade
      E-Trade
      1.1/5
      Read review Start trading

      Etrade is great for both active trading and medium-term investments. Both their mobile platforms give you all the services you need.
      There are no extra fees when you trade stocks and options in the US. That makes people want to invest with them. Etrade is also involved in pension insurance, which makes them really attractive. Signing up on their website is very easy.

      Pros
      • There are no commissions when working with stock options on American exchanges.
      • They have twenty-four-hour customer support.
      Cons
      • The website is only in English.
      • Training is provided in English only.
      • Leverage is limited and cannot exceed 50% of the trader's funds.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      Not specified
      Regulator
      Financial Industry Regulatory Authority (FINRA), SEC
      Min. deposit
      $500
      Bonus
      None specified
    • OLYMP TRADE
      OLYMP TRADE
      Read review Start trading

      Olymp Trade is a relatively new options market player, but it's already proving itself as a reliable broker. Olymp Trade offers a user-friendly platform, doesn't charge commissions, accepts low deposits, and provides support all the time in many languages.

      Both experienced and new traders like using the broker for its easy registration and simple terminal. Some users complain about slow fund withdrawals, but Olymp Trade's support is praised for being quick and efficient, making it a top choice in binary options.

      Pros
      • The broker has a convenient platform interface
      • You can open a trading account with a deposit of just $10.
      Cons
      • The broker needs more instruments
      • You might experience delays when withdrawing funds.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      $1
      Regulator
      FinaCom PLC
      Min. deposit
      $10
      Bonus
      Deposit bonuses, Regular contests and promotional offers
    • RingoTrade
      RingoTrade
      0/5
      Read review Start trading

      They're under Binolux Ltd in St. Vincent and the Grenadines. The main selling point is their easy-to-use platform. They have good support and a low minimum deposit; you can get help at their branch. They provide a demo account where you can practice with virtual money. The actual account needs a $10 deposit, but you get high payouts, 24/7 support, and bonuses. The platform works well on mobile, with quick and steady operations, available 24/7.

      Pros
      • Its low minimum deposit makes it easy for traders with a low budget to get started.
      Cons
      • Ringo services are exclusively available to residents of Kyrgyzstan.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      -
      Regulator
      -
      Min. deposit
      10 OPEX (Kyrgyzstani Som)
      Bonus
      -
    • DAXrobot
      DAXrobot
      Read review Start trading

      If you want an automated trading platform that lets bots do the work for you, DAXrobots is a great choice. It offers a diverse range of assets (like forex pairs, crypto, and stocks) and lets you access Binary Options, eliminating spreads and trading fees from the discussion.

      Pros- User-friendly UI -Automated trading support - Access to stock, index, crypto, and other CFDs - Supports a diverse range of payment methods - Live support is available 24x7
      Cons- Limited broker access - Doesn’t work under regulatory oversight - High deposit threshold - Doesn’t allow to test bots on the demo interface (included as a con)
      Crypto Coins
      No
      Demo account
      Yes
      Min. Trade
      -
      Regulator
      -
      Min. deposit
      250$
      Bonus
      20% to 200%

    2. Binary Options Brokers Compared:

    For those particularly interested in the financial aspects of their potential broker, our second table compares 120 brokers. This can be especially helpful if you’re working within a specific budget or looking for specific trading conditions.

    BrokerMin. DepositMin. OrderLeverageRatingMargin TradingGuaranteed Stop Loss
    1.Pocket Option
    $5$1Up to 1:100-NoNo
    2.IQ Option
    $10$1Up to 1:1000 for forex, varies for other instruments4YesNo
    3.Alpari
    100 USD0.01 Lotup to 1:10003.7NoNo
    4.10 TradeFX
    $1000.01 LotUp to 1:500-YesNo
    5.Quotex
    $10$1Up to 1:500-YesNo
    6.Raceoption
    $25$1N/A2.3NoNo
    7.City Index
    $1000.01 lotsUp to 1:30 for retail clients, 1:300 for professional clients-YesYes
    8.Binarium
    $5Not specifiedUp to 1:10004NoNo
    9.binary.com
    5 USD0.5 USDUp to 1:10004.4YesNo
    10.Expert Option
    $10$1Up to 1:5004.1YesNo
    11.Binomo
    $10$1Up to 1:10004.2YesNo
    12.OLYMP TRADE
    $10$1Up to 1:400-YesNo
    13.ETORO
    $200Varies by assetUp to 1:30 for retail clients, higher for professional clients4.2YesNo
    14.OptionRobot
    Not availableNot availableNot available2.5NoNo
    15.365 trading
    $1000.01 LotUp to 1:30 for retail clients, 1:500 for professional clients1.6YesNo
    16.FINRALLY
    $250Not specifiedUp to 1:10002.8YesNo
    17.JustForex
    $10.01 Lotup to 1:3000-YesNo
    18.AvaTrade
    $1000.01 LotsUp to 1:4004.7YesNo
    19.Binarycent
    $2500.1 lotup to 1:1001.5YesNo
    20.Orbex
    $2000.01 lotsUp to 1:5004YesNo
    21.Dukascopy
    100 USD0.01 lotsup to 1:2003.4YesNo
    22.BDSwiss
    $1000.01 lotsup to 1:5001.5YesNo
    23.Plus500
    $1000.01 LotUp to 1:3004.1YesNo
    24.Forex Club
    $2000.01 lotUp to 1:5003.8YesNo
    25.Insta Forex
    $10.01 LotUp to 1:10003.3YesNo
    26.Xm.com
    $50.01 lotsup to 1:8883.8YesNo
    27.Freshforex
    $2000.01 lotsup to 1:2000-YesNo
    28.Libertex
    100 USD0.01 of the lotup to 1:30 for retail clients, up to 1:600 for professional clients3.9YesNo
    29.Teletrade
    100 USD0.01 LotUp to 1:5001.8YesNo
    30.BinBotPro
    250 USD1 USD1:502.4NoNo
    31.Nadex
    $250$11:11.7NoNo
    32.Forex4You
    $10.01 LotUp to 1:10003.8YesNo
    33.SPECTRE.AI
    $10$1None3.8NoNo
    34.Hirose
    $200.01 lotsup to 1:3003.3YesNo
    35.IG.com
    $2500.01 lotsUp to 1:30 for retail clients, 1:200 for professional clients3.9YesYes
    36.Grand Capital
    $100.01 Lotup to 1:10002.7YesNo
    37.FxPro
    $1000.01 lotsUp to 1:5004.4YesNo
    38.Markets.com
    $1000.01 LotUp to 1:3004.1NoNo
    39.FXTM
    $100.01 lotsUp to 1:20003.8YesNo
    40.FXCM
    $500.01 lotsUp to 1:400-YesNo
    41.Trade.com
    $1000.01 LotUp to 1:3003.4YesNo
    42.Tickmill
    100 USD0.01 LotUp to 1:5004.2YesNo
    43.XTB
    -0.01 LotUp to 1:5004YesNo
    44.ForTrade
    $1000.01 LotUp to 1:30 for retail clients, up to 1:200 for professional clients2.1YesNo
    45.RoboForex
    10 USD0.01 Lotup to 1:20002.5YesNo
    46.World Forex
    $10.01 Lotup to 1:10003YesNo
    47.HYCM
    $1000.01 lotsup to 1:5003.8YesNo
    48.Forex.com
    $500.01 lotsUp to 1:2004.7YesNo
    49.OANDA
    $00.01 micro lotsUp to 1:50 for US clients, varies for other regions3.4YesNo
    50.Spread EX
    N/AN/AN/A4.4NoNo
    51.Ayondo
    100 EUR/USD/GBP0.01 lotsUp to 1:2003.6YesNo
    52.ZuluTrade
    100 USDN/AUp to 1:1000 (Varies by broker and regulation)3.6YesNo
    53.EOption
    $500Not specifiedUp to 6:1 for day trades, 2:1 for overnight positions3.2YesNo
    54.CMC Markets
    0 GBP0.01 lotsUp to 30:1 for retail clients, up to 500:1 for professional clients4YesYes
    55.TradeStation
    $500Varies by assetUp to 1:50 for stocks, varies for other instruments4.5YesNo
    56.IC Markets
    $2000.01 lotsUp to 1:5004.8YesNo
    57.GKFX
    Variable depending on account type and region0.01 lotsUp to 1:10003.2YesNo
    58.Admiral Markets
    $2000.01 lotsUp to 1:30 for retail clients, up to 1:500 for professional clients3.9YesNo
    59.Easy Markets
    $1000.01 lotUp to 1:4004.3YesYes
    60.ThinkMarkets
    $0 for Standard Account, $500 for ThinkZero Account0.01 lotsUp to 1:500 for Forex4.3YesNo
    61.London Capital Group
    100 GBP0.01 lotsUp to 1:30 for retail clients, up to 1:300 for professional clients1.9YesNo
    62.Ally Invest
    $0Not specifiedNot applicable for U.S. based investment brokers1.2YesNo
    63.TD Ameritrade
    $0N/AUp to 1:50 for Forex (for professional clients)1.2YesNo
    64.Interactive brokers
    $0 for IBKR Lite, $100 for IBKR ProNo minimum order sizeUp to 1:50 for stocks, varies for other instruments3YesNo
    65.OCTAFX
    $500.01 LotUp to 1:5004.3NoNo
    66.AAATrade
    $5000.01 lotsup to 1:30 for retail clients, up to 1:200 for professional clients3.1YesNo
    67.IronFx
    $1000.01 Lotup to 1:10003.1YesNo
    68.Umarkets
    $5000.01 lotsUp to 1:4001.3YesNo
    69.NordFX
    $100.01 Lotup to 1:10004.4YesNo
    70.E*Trade
    $0Not specifiedUp to 1:50 for stocks1.1YesNo
    71.E-Trade
    $500Not specifiedUp to 1:50 for stocks1.1YesNo
    72.SimpleFX
    No minimum deposit0.01 lotsUp to 1:5002.6YesNo
    73.NPBFX
    $100.01 Lotup to 1:10003.4YesNo
    74.Exness
    $10.01 Micro LotUp to 1:20004.6YesNo
    75.AlfaForex
    $2000.01 Lotup to 1:1003.5YesNo
    76.Intrade.Bar
    10 USD1 USD1:1003.4NoNo
    77.xDirect
    1000.01Up to 1:200-YesYes
    78.Mercatox
    ---1.5NoNo
    79.Saxo bank
    $2,000Varies by asset classUp to 1:30 for retail clients, higher for professional clients3.7YesNo
    80.Darwinex
    500 EUR0.01 lotsup to 1:2003.4YesNo
    81.Fibo Group
    $500.01 LotUp to 1:10002.3YesNo
    82.Swissquote
    1000 CHF or equivalentNot specifiedUp to 1:100 for Forex3.4YesNo
    83.CXMARKETS
    100 USD/EUR/GBP0.01 lotUp to 1:800 (varies by instrument and regulatory requirements)-YesYes
    84.CLM Forex
    $1000.01 lotsup to 1:5003.7YesNo
    85.Vantage FX
    $2000.01 LotUp to 500:13.5YesNo
    86.Weltrade
    $250.01 Lotup to 1:1000-YesNo
    87.Close Option
    $1000.01 lotsUp to 1:5003.4NoNo
    88.SuperForex
    $10.01 Lotup to 1:10001.9YesNo
    89.RingoTrade
    10 OPEX (Kyrgyzstani Som)-Up to 1:3000 (unverified, reported on forums)-YesNo
    90.LiteForex
    $500.01 lotup to 1:500-YesNo
    91.EXANTE
    10,000 USDNot specifiedUp to 1:502.5YesNo
    92.Gerchik & Co
    $5000.01 lotup to 1:1002.9YesNo
    93.MaxiMarkets
    $5000.01 Lotup to 1:2001.8YesNo
    94.ROBINHOOD
    $01 share or $1 for fractional sharesN/A-NoNo
    95.FISHER INVESTMENTS
    N/AN/AN/A-NoNo
    96.WEBULL
    $0Not specifiedUp to 1:4 for stocks-YesNo
    97.WEALTHFRONT
    $500N/AN/A-NoNo
    98.Bitbns
    Not specifiedNot specifiedNot applicable-YesNo
    99.Angel Broking
    INR 0Not specifiedUp to 6x for equity intraday, varies for other segments-YesNo
    100.M1 FINANCE
    $100$1Not applicable-NoNo
    101.Digifinex
    $0.10Varies by assetUp to 1:3 for cryptocurrencies-YesNo
    102.ROOFSTOCK
    $5,0001 propertyN/A-NoNo
    103. Revolut
    В зависимости от страны и типа учетной записиN/AN/A-NoNo
    104.Pionex
    No minimum deposit requirementVaries depending on the cryptocurrencyUp to 3x for some trading pairs-YesNo
    105.Phemex
    $0Varies by assetUp to 100x for cryptocurrencies-YesNo
    106.Vanguard
    $01 share or $1 for ETFs and mutual fundsNot typically offered-NoNo
    107.Uphold
    $0Varies by assetNone-NoNo
    108.Merrill Edge
    $0Not specifiedNot generally offered-NoNo
    109.Fidelity
    $0N/AN/A-YesNo
    110.BitMart
    No official minimum depositVaries by assetUp to 1:100 for certain instruments3.2YesNo
    111.AxiTrader
    ----YesYes
    112.Moomoo
    1$---YesYes
    113.NinjaTrader
    ---3.8YesYes
    114.Trading.com
    $5-1:304.1YesYes
    115.IQCent
    $10-1:5001.5YesYes
    116.EagleFX
    10$-1:500-YesYes
    117.Forex Chief
    ---2.8YesYes
    118.Bitrue Crypto Exchange
    $1---YesYes
    119.FXCC
    --1:500-YesYes
    120.Eightcap
    100$---YesYes
    121.DAXrobot
    250$-Up to 1:500-YesYes
    122.Coinexx
    $0.0012---YesYes
    123.LiquidityX
    $250-Maximum leverage of 1:4002.3YesYes
    124.InvestMarkets
    $250-Max leverage 1:5001.3YesYes
    125.TradeZero
    $500-1:64.6YesYes
    126.LexaTrade
    --Starts at 1:202.1YesYes
    127.IFC Markets
    1$-1:4003.6YesYes
    128.NSBroker
    ----YesYes
    129.E8 Funding
    138$-1:1004.3YesYes
    130.GC Option
    10$-Not applicable for GC Option, max 1:500 on Grand Capital2.5YesYes
    131.AMarkets
    --1:30004.8YesYes
    132.HankoTrade
    $10-1:5004.7YesYes
    133.CloseOption
    5$--3.4YesYes
    134.Fusion Markets
    --1:5004.7YesYes
    135.Pepperstone
    200$-Up to 1:5004.4YesYes
    136.Charles Schwab
    $0Not specifiedUp to 1:50 for Forex1.5YesNo
    137.Capital.com
    $20--4.5YesYes
    138.ATFX
    $500---YesYes
    139.Degiro
    ---4YesYes
    140.Naga
    250$-1:304.3YesYes
    141.iForex
    $100--4YesYes
    142.Global Prime
    --1:5004.6YesYes
    143.Tastyworks
    1$---YesYes
    144.LQDFX
    20$---YesYes
    145.ASPIRATION BANK
    ----YesYes
    146.HFM
    0$-Up to 1:2000-YesYes
    147.CMTrading
    100$---YesYes
    148.CAPITAL ONE
    ----YesYes
    149.LMFX
    $5---YesYes
    150.USG Forex
    --up to 1:500-YesYes
    151.TMGM
    $100-1:10004.1YesYes
    152.Trading 212
    ---4.6YesYes
    153.Wealthsimple
    ----YesYes
    154.FP Markets
    $100-Up to 1:500 4.9YesYes
    155.BlackBull Markets
    $0-1:500-YesYes
    156.FBS
    $5-Up to 1:30004.3YesYes
    157.Trade Nation
    $1-1:5004.4YesYes
    158.EXCLUSIVE MARKETS
    $200 -1:2000 -YesYes
    159.IQmining
    ----NoNo
    160.EXMO
    ----YesYes

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