Top 7 Binary Options Brokers in Argentina

Argentina has faced challenges with its financial markets, especially after the 2001 economic downturn. Strict foreign exchange controls by the government to stabilize the economy impacted Argentines’ trading opportunities.
Over the years, there have been efforts to attract foreign investment, and in view of that, binary options trading became popular in the nation.
- Top 7 Binary Options Brokers in Argentina
- Pocket Option - Best Binary Options Trading Experience
- Quotex - Best Overall Binary Options Broker
- Expert Option - Best Binary Options Broker For Beginners
- Binomo - Reliable Binary Options Broker
- Olymp Trade - Top Binary Options Broker
- IQ Option - Best Binary Options Broker With Highest Leverage
- Binarium - Top Binary Options Broker For New Traders
- Closing Thoughts
While the Central Bank of Argentina (BCRA) has confirmed the legality of binary options trading, traders should be aware of specific details when dealing with brokers. In this guide, you shall be introduced to the top binary options brokers suitable for Argentine traders, ensuring an amazing and informed experience.
Discover top binary options brokers tailored to your region. Browse our curated lists by country:
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Top 7 Binary Options Brokers in Argentina
- Pocket Option — Best Binary Options Trading Experience
- Quotex — Best Overall Binary Options Broker
- Expert Option — Best Binary Options Broker For Beginners
- Binomo — Reliable Binary Options Broker
- Olymp Trade — Top Binary Options Broker
- IQ Option — Best Binary Options Broker With Highest Leverage
- Binarium — Top Binary Options Broker For New Traders
Below is a table of top offshore binary options brokers with features tailored for Argentine traders.
Brokers | Available in Spanish | Peso Support | Mobile App
in Spanish |
Pocket Option | ✅️ | ❌ | ✅️ |
Quotex | ✅️ | ❌ | ✅️ |
Expert Option | ✅️ | ❌ | ✅️ |
Binomo | ✅️ | ❌ | ❌ |
Olymp Trade | ✅️ | ❌ | ✅️ |
IQ Option | ✅️ | ❌ | ✅️ |
Binarycent | ✅️ | ❌ | ❌ |
Please note: Trading in binary options involves risk, and individuals should exercise caution and conduct thorough research before engaging in any financial transactions.
Pocket Option – Best Binary Options Trading Experience
Overview
Minimum Deposit | ARS 0.0145 ($5) |
Minimum Withdrawal | ARS 0.029 ($10) |
Minimum Trade Size | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Credit/Debit card, Crypto, eWallet, Wire transfer |
Payouts | 96% |
Bonuses | 50% on deposit |
Assets | 100+ |
Regulation | IFMMRC |
Mobile Trading App | Android, iOS |
Customer Support Service | Support Desk, Hotline, and Community Help |
Languages | 10+ |
Regulation
Pocket Option, under Gembell Limited, started in 2017 and is based in the Marshall Islands. The International Financial Market Relations Regulation Center (IFMMRC) oversees its regulation, ensuring legal operations in Argentina.
Sign-up and Verification Process
To begin trading with Pocket Option, Argentine traders can follow this straightforward guide:
- Navigate to the Pocket Option website
- Click “Registration” at the top left corner
- Enter your email, password, promo code (if you have one)
- Ensure you agree to the Terms and Risk Statement
- On the other hand, you can also join using your Facebook or Google account
You can verify your account by adhering to the following:
- Upload the requisite documents for identity proof
- Check your email for a verification link and click on it
- Wait for the verification to be complete
- Once successful, your account is branded as verified
Pocket Option offers more than 100 trading assets, including forex pairs, cryptocurrencies, stocks, commodities, indices, digital options, etc., allowing Argentine traders to diversify their investment portfolios. The platform supports various currencies and cryptocurrencies, each with specific deposit requirements and processing times.
Trading Platform
Web
Pocket Option’s web trading platform is intuitive and user-friendly, with features like demo account creation, MetaTrader 5 integration, automated trading and various technical indicators. This caters well to the preferences and sensibilities of traders, and ensures an engaging and efficient trading experience
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
The Pocket Option mobile app works with both iOS and Android devices. It possesses the features of its website and also includes both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), ensuring a comprehensive trading experience for users.
Features
The following are features of Pocket Option:
Deposit
This section is for funding your trading accounts.
Withdrawal
This section gives guidelines on how you can withdraw your funds and the associated limits.
History
The History section shows a log of your trading transactions.
Cash back
The Cash back section gives you an opportunity to recover up to 10% of your lost funds every month.
Promo codes
The Promo code section gives you access to various bonuses and discounts.
My Safe
The My Safe section deals with the security of your account and funds.
Summary
Pros | Cons |
Competitive payout rates | Slow customer service support |
Passive earnings potential | Mandatory identity and phone verification |
Demo account availability | No license from a renowned regulatory authority |
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Quotex – Best Overall Binary Options Broker
Overview
Minimum Deposit | ARS 0.029 ($10) |
Minimum Withdrawal | ARS 0.029 ($10) |
Minimum Trade Size | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Debit/Credit card, eWallet, Wire transfer, Cryptocurrency |
Payouts | 98% |
Bonus | 30% deposit bonus |
Assets | 410+ |
Regulation | IFMRRC |
Mobile Trading App | Android |
Customer Support Service | Via complaint form |
Languages | 10+ |
Regulation
Quotex, established in 2019 and headquartered in Seychelles, is regulated by the International Financial Market Relations Regulation Center (IFMRRC), making it accessible for traders from Argentina.
Sign-up and Verification Process
To start trading with Quotex as an Argentine trader, follow these steps:
- Visit their official website
- Click on “Sign up” at the top right corner of the page
- Fill in your details including email, password, and your country of residence
- Agree to the terms and conditions
- Click “Sign up” to finalize the registration
- You can also register using your Google or Facebook account
Once registered, you need to verify your account:
- Provide the necessary information about your identity
- Upload your identification documents
- Submit the details for verification
- Follow if any additional information is needed
Trading Platform
Web
Quotex offers a user-friendly web platform tailored for Argentine traders. It includes 29 technical indicators, multiple payment options, and supports a variety of currencies. Additionally, traders have access to a $10,000 demo account, instructional videos, and a 30% deposit bonus.
Mobile App
- Android: Available ✅️
- iOS: Not Available ❌
The Quotex mobile app, currently available only for Android, provides an efficient and user-friendly trading experience, mirroring the functionality of the web platform.
Features
The Quotex trading platform offers various features:
Deposit
In this section, you can add funds to your account through various payment methods.
Withdrawal
Here, you can withdraw your earnings from your trading account.
Transaction
In this section, you can manage deposits and withdrawals easily.
Trades
In this feature, you can access a range of financial instruments, trading strategies and risk management tools.
Account
Here, you can view different account types and options.
Analytics
Here, you can analyze your trading activities.
Tournament
The tournament section shows a trading competition that all clients can compete in.
Market
It gives you access to tools and functionalities to aid your trading journey.
Summary
Pros | Cons |
Affordable minimum deposit | No leveraged investments |
Bonus on deposits | Not licensed by a top-tier regulator |
Wide range of trading assets | Limited educational resources |
Availability of a demo account |
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Expert Option – Best Binary Options Broker For Beginners
Overview
Minimum Deposit | ARS 0.029 $10) |
Minimum Withdrawal | ARS 0.029 ($10) |
Minimum Trade | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Debit/Credit card, Bank wire, Crypto, e-Payment |
Payouts | 96% |
Bonus | 100% on deposit |
Assets | 100 |
Regulation | VFSC |
Mobile Trading App | Android, iOS |
Customer Support Service | Email, Online chat, Contact form |
Languages | 10+ |
Regulation
Expert Option has been a recognized broker since its establishment in 2014, with its headquarters located in Kingstown. The Vanuatu Financial Service Commission (VFSC) oversees its operations, ensuring reliability and trustworthiness. Argentine traders are welcome to use Expert Option for their trading needs.
Sign-up and Verification Process
To start trading as an Argentine trader on Expert Option:
- Visit the Expert Option website
- Click on “Open an Account”
- Provide your personal details including email, password, full name, phone number, and preferred account currency.
- Agree to the Terms and Risk Statement
- Optionally, you can also sign up using your Facebook, Google account, or Apple ID.
To account verification on Expert Option, you need to do the following:
- Complete your profile information
- Provide a copy of your identification card
- Wait for the verification process to conclude
Trading Platform
Web
Expert Option offers a user-friendly and educational web trading platform. Unlike other brokers, they use their own integrated system available on both desktop and mobile, instead of the popular MetaTrader 4 or MetaTrader 5 platforms. A unique feature is their social trading option, allowing you to follow the actions of top traders.
With over 30 million users, Expert Option is distinguished by its absence of transaction fees, responsive customer support, and a low deposit requirement. They provide a variety of deposit options, numerous trading instruments, and seven different account types, including a demo account.
They are:
Account Type | Description |
Micro | Deposit & deal limit: ARS 0.029 ($10) |
Basic | Deposit: ARS 1.45 ($50); Deal limit: ARS 0.725 ($25) |
Silver | Deposit: ARS 14.5 ($500); Deal limit: ARS 7.25 ($250) |
Gold | Deposit: ARS 72.5 ($2,500); Deal limit: ARS 29 ($1,000) |
Platinum | Deposit: ARS 145 ($5,000); Deal limit: ARS 58 ($2,000) |
Exclusive | Invitation only; Deal limit: ARS 87 ($3000) |
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
The mobile app of Expert Option is available for both Android and iOS, ensuring Argentine traders have full access to their trading accounts on the go.
Features
These are features of Expert Option as seen on the platform:
Deposit
This section enables you to fund your trading account with real money.
Payment history
This section helps in tracking all your financial transactions.
Withdrawal
In this section, you can access your funds easily from your trading account.
Summary
Pros | Cons |
Affordable deposit requirements | The verification process can be lengthy |
Trading flexibility on both PC and mobile | No provisions for active trading |
Access to a free demo account | No investment programs |
Comprehensive educational resources | Absence of the MetaTrader platform |
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Binomo – Reliable Binary Options Broker
Overview
Minimum Deposit | ARS 0.029 ($10) |
Minimum Withdrawal | ARS 0.029 ($10) |
Minimum Trade Size | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Credit/Debit card, Bank wire, Crypto, eWallet |
Payouts | 90% |
Bonus | 20% – 100% on deposit |
Assets | Over 100 |
Regulation | IFC |
Mobile Trading App | Android, iOS |
Customer Support Service | Email, Phone, Help center |
Languages | 10+ |
Regulation
Binomo, a brokerage company established in 2014 by Dolphin Corp, is based in St. Vincent and the Grenadines. It is regulated by the International Financial Commission (IFC), ensuring its legality to operate in Argentina.
Sign-up and Verification Process
Signing up as an Argentine trader on Binomo is straightforward. Here’s how:
- Go to Binomo’s website
- Click “Sign up”
- Fill in your email, create a password, and choose your account currency type
- Accept the terms and conditions
- Confirm by clicking “Create an account.”
- Or, you can easily register using your Facebook or Google account
To verify your Binomo account, follow these steps:
- Log in to your account
- Go to the “Verify” option on your profile picture
- Complete the identity verification
- If necessary, verify your bank card too
- Wait for confirmation
Trading Platform
Web
Binomo’s web version offers a secure, SSL-encrypted trading environment. In addition, it provides over 20 graphical tools for effective trading analysis and has a robust demo account available even on the weekend, with responsive customer support.
The platform boasts approximately 887,470 daily active traders and manages 30 million successful weekly trades. It features High/Low trade and Turbo trade, with bonuses ranging from 20% to 100% based on the initial deposit. The account types include:
Account type | Description |
Standard | $10 first deposit with access to 39 assets |
Gold | $500 first deposit with access to 42 assets |
VIP | $1000 first deposit with access to 55+ assets |
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
Binomo’s mobile app is available for both Android and iOS, offering a user-friendly experience akin to the web version.
Features
The following are features of the Binomo trading platform:
Deposit
In this section, you get to add funds to your account for trading via multiple payment options.
Withdraw
The Withdraw feature is for withdrawing funds out from your trading account.
Transaction
Here, you get to deposit and withdraw funds on the trading platform.
Statuses
This feature refers to the four different statuses on the platform: Free, Standard, Gold, and VIP.
Summary
Pros | Cons |
Diverse asset options | Higher initial deposit required |
Advanced trading tools | No investment schemes |
Limited affiliate opportunities |
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Olymp Trade – Top Binary Options Broker
Overview
Minimum Deposit | ARS 0.029 ($10) |
Minimum Withdrawal | ARS 0.029 ($10) |
Minimum Trade | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Credit/Debit card, Bank wire, Crypto, eWallet |
Payout | 92% |
Bonus | 50% bonus exclusive on first deposit |
Assets | Over 80 |
Regulation | IFC |
Mobile Trading App | Android, iOS |
Customer Support Service | Email, Chat, Phone |
Languages | 13 |
Regulation
Olymp Trade, established in 2014, operates with its main office in St. Vincent and the Grenadines. It is regulated by the International Financial Commission (IFC); however, it doesn’t hold a regulation from the CRSC.
Sign-up and Verification Process
Getting started with Olymp Trade is simple and user-friendly. Here’s what you need to do:
- Visit the Olymp Trade website
- Click “Registration” located at the upper right corner
- Provide your email and choose a secure password
- Agree to the terms
- Click “Register”
- Alternatively, you can also register using your Facebook, your Google account, or Apple ID.
To verify your account, do the following:
- Log in to the Olymp Trade website
- Navigate to profile settings
- Follow the necessary steps for verification
- Stay updated on the verification process
Trading Platform
Web
Olymp Trade offers a 24/7 accessible and user-friendly platform, available on both web and mobile. It features intuitive tools for trading, price analysis, position management, and fund handling. Clear charts display amounts and timings, ensuring a seamless trading experience.
A key player in binary options trading, Olymp Trade provides a variety of trading assets and supports multiple payment options. It’s an excellent place for beginners with its demo account and plethora of trading resources.
Their customer support is outstanding, offering assistance in various languages through email, calls, and chats.
Argentine traders have two main account options:
Account Type | Description |
Standard Account | Requires a minimum deposit of $10, trade amounts ranging from $1 to $2000, and allows withdrawals starting from $10 with no upper limit. |
VIP Account | Requires a minimum deposit of $2000 and permits trades up to $5000. |
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
The Olymp Trade mobile app is compatible with both Android and iOS devices, ensuring Argentine traders can trade seamlessly on the go.
Features
The following are features of the Olymp Trade trading platform:
Trades
This feature is a trading mode that enables traders to predict the direction of an asset’s price movement within a specific time.
Market
This section deals with providing access to various tools, strategies and educational resources to Argentine traders.
Event
This section offers promotional events and tournaments to enhance your trading experience.
Help
The Help feature provides you with support in various trading aspects.
Summary
Pros | Cons |
Easy-to-navigate platform | Limited trading platforms |
Low initial deposit | Less transparency |
Good trading conditions | Single proprietary platform |
Variety in assets |
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IQ Option – Best Binary Options Broker With Highest Leverage
Overview
Minimum Deposit | ARS 0.029 ($10) |
Minimum Withdrawal | ARS 0.0058 ($2) |
Minimum Trade | ARS 0.0029 ($1) |
Local Currency Support | Yes |
Payment Options | Credit/Debit card, eWallet, Wire transfer |
Payout | 95% |
Bonus | Nil |
Assets | Over 250 |
Regulation | CySEC |
Mobile Trading App | Android, iOS |
Customer Support Service | |
Languages | 17 |
Regulation
Founded in 2014, IQ Option operates under the regulation of CySEC and is registered in St. Vincent and the Grenadines. The platform has grown significantly, boasting over 48 million users across more than 300 markets worldwide. It is crucial to highlight that IQ Option is authorized to offer investment services in Argentina.
Sign-up and Verification Process
Registering on IQ Option is a hassle-free process. Follow these steps:
- Go to the website
- Click “Sign up” on the top right corner
- Fill in your email, password, and country of residence
- Agree to the terms and conditions
- Click “Sign up”
- Alternatively, you can register using your Google account or Facebook
To verify your account on IQ Option, you need to do the following:
- Head to the website
- Complete the verification form
- Provide a proof of identification
- Verify your personal information
- Keep track of the verification process
Trading Platform
Web
IQ Option offers a user-centric web platform packed with essential trading tools, such as economic calendars, multi-chart layouts, technical analysis, stock screeners, market updates, and volatility alerts.
The platform supports various languages, making it accessible, and allowing users to trade a diverse range of financial assets including Forex, ETFs, cryptocurrencies, and stocks.
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
The IQ Option mobile app is available for both Android and iOS devices, ensuring Argentine traders can trade on-the-go with ease.
Features
The following are features of IQ Option:
Personal
The Personal section refers to the parts of your account that reflect your preferences.
Verification
This section confirms and authenticates your account details.
Portfolio
The Portfolio section shows an overview of your investments and trading activities.
Withdraw
The Withdraw section helps to manage your funds and withdrawals.
Balance
The Balance section focuses on risk management as regards trading.
Trading
In the Trading section, you get to access a variety of financial instruments, like stocks, ETFs, Forex, etc.
Customer Support
The Customer support provides assistance for any queries or issues related to your trading experience.
Summary
Pros | Cons |
Relatively low minimum deposit of $10 | Limited payment and withdrawal methods |
High leverage of up to 1:1000 | Fewer analysis tools available |
Access to an unlimited demo account | Less time frame options compared to other platforms like MT4 |
Comprehensive educational resources | No option for algorithmic trading |
Binarium – Top Binary Options Broker For New Traders
Overview
Minimum Deposit | ARS 0.0145 ($5) |
Minimum Withdrawal | ARS 0.0145 ($5) |
Minimum Trade | ARS 0.0029 ($1) |
Local Currency Support | No |
Payment Options | Credit/Debit card, Bank wire, BTC, WebMoney |
Payouts | 90% |
Bonus | 100% Deposit Bonus |
Assets | Over 50 |
Regulation | – |
Mobile Trading App | Android, iOS |
Customer Support Service | Email, Phone |
Languages | 10+ |
Regulation
Established in 2012, Binarium is a trading platform managed by Binarium Ltd., situated in Nicosia, Cyprus. Though it lacks an official regulatory license, the broker has proven to be reputable for more than a decade now.
The trading platform has garnered a substantial user base and implements SSL and data encryption to ensure security. Thus, it is deemed a safe and legal option for trading in Argentina.
Sign-up and Verification Process
To get started with Binarium, you need to:
- Visit the Binarium website
- Click “Open an Account”
- Provide necessary details such as your email, password, full name, phone number, and preferred account currency.
- Agree to the Terms and Risk statement.
For account verification, please follow these six steps:
- Log in to your Binarium account
- Go to “Settings” and select “Personal data”
- Choose your preferred ID type for verification – front or back
- Sign the agreement
- Click the chat option in the bottom right corner
- Send a message saying “Hello, please verify my account”
Trading Platform
Web
Binarium offers a proprietary web terminal with basic features. It provides High/Low options, long-term options, but excludes high-risk trading option types and trade multipliers.
The platform also facilitates copy trading, but does not support the Martingale system for increasing positions. Binarium offers a demo account alongside two other accounts:
Account type | Spread (minimum value) | Withdrawal commission | Description |
Turbo | From $1 | Yes, under certain conditions | Options with expiry times of 1-5 minutes with a 1-min step |
Standard | From $1 | Yes, under certain conditions | Long-term options with expiry times from 5 minutes with a 15-min step |
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
Binarium’s mobile application is compatible with both iOS and Android devices, and it can be downloaded from their respective app stores. The app offers excellent trading functionalities and valuable educational resources.
Features
These are the features of Binarium:
History
The History feature includes all your details related to trading, brokerage, asset prices and general account history.
Bank
This feature focuses on security, balance, profits, and managing deposits and withdrawals.
Trading room
This feature provides traders with a variety of trading signals and strategies.
Bonuses
The Bonuses section indicates several rewards and promotions specifically tailored for Argentine traders.
Education
This feature deals with providing educational content and resources for the traders.
Economic calendar
Here in the economic calendar, you have access to crucial information about economic events and announcements that could impact the financial market.
Prize pot
The Prize pot feature presents a unique opportunity for traders to showcase their skills and win prizes through various competitions organized by the platform.
Summary
Pros | Cons |
Straightforward and user-friendly trading platform interface | Algorithmic trading is not supported |
Low minimum deposit | It lacks a major regulatory license |
Extensive and enhanced educational materials | Limited trading assets |
Demo account with virtual funds |
Closing Thoughts
Binary options trading offers a legitimate and valuable option for earning profits, especially in a declining economy. Selecting the most suitable binary broker requires careful consideration of various factors, including the diversity of assets, regulatory status, reliability, and available trading tools.
Personal preferences also play a significant role in this decision-making process. The list provided earlier represents some of the top binary options brokers in Argentina, offering a solid starting point for traders in the region.
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.
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binary.com
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.
YesYes0.5 USDVanuatu Financial Services Commission (VFSC), Labuan Financial Services Authority, Malta Financial Services Authority5 USDNo bonus currently offered -
Binomo
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.
YesYes$1International Financial Commission (IFC)$10Up to 100% on deposit -
Expert Option
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.
YesYes$1Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA)$10Up to 100% on deposit -
IQ Option
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.
YesYes$1CySEC$10Occasional promotions and trading competitions -
Binarium
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%.
YesNoNot specifiedNot regulated by any major authority$5Up to 100% deposit bonus -
IG.com
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.
YesYes0.01 lotsASIC, FCA (UK), MAS (Singapore), BMA, CFTC, DFSA, FINMA, FSCA, JFSA$250None -
SPECTRE.AI
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.
YesNo$1None$10None -
Alpari
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.
YesNo0.01 LotFinancial Services Authority of Saint Vincent and the Grenadines (SVGFSA)100 USDLoyalty Cashback, Deposit Bonus -
Dukascopy
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.
YesYes0.01 lotsFINMA100 USDEquity Bonus, Discount Program, Anniversary Bonus -
Intrade.Bar
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.
YesYes1 USD-10 USD100% Deposit Bonus
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.
Broker | Min. Deposit | Min. Order | Leverage | Rating | Margin Trading | Guaranteed Stop Loss |
---|---|---|---|---|---|---|
$5 | $1 | Up to 1:100 | - | No | No | |
$10 | $1 | Up to 1:1000 for forex, varies for other instruments | 4 | Yes | No | |
100 USD | 0.01 Lot | up to 1:1000 | 3.7 | No | No | |
$100 | 0.01 Lot | Up to 1:500 | - | Yes | No | |
$10 | $1 | Up to 1:500 | - | Yes | No | |
$25 | $1 | N/A | 2.3 | No | No | |
$100 | 0.01 lots | Up to 1:30 for retail clients, 1:300 for professional clients | - | Yes | Yes | |
$5 | Not specified | Up to 1:1000 | 4 | No | No | |
5 USD | 0.5 USD | Up to 1:1000 | 4.4 | Yes | No | |
$10 | $1 | Up to 1:500 | 4.1 | Yes | No | |
$10 | $1 | Up to 1:1000 | 4.2 | Yes | No | |
$10 | $1 | Up to 1:400 | - | Yes | No | |
$200 | Varies by asset | Up to 1:30 for retail clients, higher for professional clients | 4.2 | Yes | No | |
Not available | Not available | Not available | 2.5 | No | No | |
$100 | 0.01 Lot | Up to 1:30 for retail clients, 1:500 for professional clients | 1.6 | Yes | No | |
$250 | Not specified | Up to 1:1000 | 2.8 | Yes | No | |
$1 | 0.01 Lot | up to 1:3000 | - | Yes | No | |
$100 | 0.01 Lots | Up to 1:400 | 4.7 | Yes | No | |
$250 | 0.1 lot | up to 1:100 | 1.5 | Yes | No | |
$200 | 0.01 lots | Up to 1:500 | 4 | Yes | No | |
100 USD | 0.01 lots | up to 1:200 | 3.4 | Yes | No | |
$100 | 0.01 lots | up to 1:500 | 1.5 | Yes | No | |
$100 | 0.01 Lot | Up to 1:300 | 4.1 | Yes | No | |
$200 | 0.01 lot | Up to 1:500 | 3.8 | Yes | No | |
$1 | 0.01 Lot | Up to 1:1000 | 3.3 | Yes | No | |
$5 | 0.01 lots | up to 1:888 | 3.8 | Yes | No | |
$200 | 0.01 lots | up to 1:2000 | - | Yes | No | |
100 USD | 0.01 of the lot | up to 1:30 for retail clients, up to 1:600 for professional clients | 3.9 | Yes | No | |
100 USD | 0.01 Lot | Up to 1:500 | 1.8 | Yes | No | |
250 USD | 1 USD | 1:50 | 2.4 | No | No | |
$250 | $1 | 1:1 | 1.7 | No | No | |
$1 | 0.01 Lot | Up to 1:1000 | 3.8 | Yes | No | |
$10 | $1 | None | 3.8 | No | No | |
$20 | 0.01 lots | up to 1:300 | 3.3 | Yes | No | |
$250 | 0.01 lots | Up to 1:30 for retail clients, 1:200 for professional clients | 3.9 | Yes | Yes | |
$10 | 0.01 Lot | up to 1:1000 | 2.7 | Yes | No | |
$100 | 0.01 lots | Up to 1:500 | 4.4 | Yes | No | |
$100 | 0.01 Lot | Up to 1:300 | 4.1 | No | No | |
$10 | 0.01 lots | Up to 1:2000 | 3.8 | Yes | No | |
$50 | 0.01 lots | Up to 1:400 | - | Yes | No | |
$100 | 0.01 Lot | Up to 1:300 | 3.4 | Yes | No | |
100 USD | 0.01 Lot | Up to 1:500 | 4.2 | Yes | No | |
- | 0.01 Lot | Up to 1:500 | 4 | Yes | No | |
$100 | 0.01 Lot | Up to 1:30 for retail clients, up to 1:200 for professional clients | 2.1 | Yes | No | |
10 USD | 0.01 Lot | up to 1:2000 | 2.5 | Yes | No | |
$1 | 0.01 Lot | up to 1:1000 | 3 | Yes | No | |
$100 | 0.01 lots | up to 1:500 | 3.8 | Yes | No | |
$50 | 0.01 lots | Up to 1:200 | 4.7 | Yes | No | |
$0 | 0.01 micro lots | Up to 1:50 for US clients, varies for other regions | 3.4 | Yes | No | |
N/A | N/A | N/A | 4.4 | No | No | |
100 EUR/USD/GBP | 0.01 lots | Up to 1:200 | 3.6 | Yes | No | |
100 USD | N/A | Up to 1:1000 (Varies by broker and regulation) | 3.6 | Yes | No | |
$500 | Not specified | Up to 6:1 for day trades, 2:1 for overnight positions | 3.2 | Yes | No | |
0 GBP | 0.01 lots | Up to 30:1 for retail clients, up to 500:1 for professional clients | 4 | Yes | Yes | |
$500 | Varies by asset | Up to 1:50 for stocks, varies for other instruments | 4.5 | Yes | No | |
$200 | 0.01 lots | Up to 1:500 | 4.8 | Yes | No | |
Variable depending on account type and region | 0.01 lots | Up to 1:1000 | 3.2 | Yes | No | |
$200 | 0.01 lots | Up to 1:30 for retail clients, up to 1:500 for professional clients | 3.9 | Yes | No | |
$100 | 0.01 lot | Up to 1:400 | 4.3 | Yes | Yes | |
$0 for Standard Account, $500 for ThinkZero Account | 0.01 lots | Up to 1:500 for Forex | 4.3 | Yes | No | |
100 GBP | 0.01 lots | Up to 1:30 for retail clients, up to 1:300 for professional clients | 1.9 | Yes | No | |
$0 | Not specified | Not applicable for U.S. based investment brokers | 1.2 | Yes | No | |
$0 | N/A | Up to 1:50 for Forex (for professional clients) | 1.2 | Yes | No | |
$0 for IBKR Lite, $100 for IBKR Pro | No minimum order size | Up to 1:50 for stocks, varies for other instruments | 3 | Yes | No | |
$50 | 0.01 Lot | Up to 1:500 | 4.3 | No | No | |
$500 | 0.01 lots | up to 1:30 for retail clients, up to 1:200 for professional clients | 3.1 | Yes | No | |
$100 | 0.01 Lot | up to 1:1000 | 3.1 | Yes | No | |
$500 | 0.01 lots | Up to 1:400 | 1.3 | Yes | No | |
$10 | 0.01 Lot | up to 1:1000 | 4.4 | Yes | No | |
$0 | Not specified | Up to 1:50 for stocks | 1.1 | Yes | No | |
$500 | Not specified | Up to 1:50 for stocks | 1.1 | Yes | No | |
No minimum deposit | 0.01 lots | Up to 1:500 | 2.6 | Yes | No | |
$10 | 0.01 Lot | up to 1:1000 | 3.4 | Yes | No | |
$1 | 0.01 Micro Lot | Up to 1:2000 | 4.6 | Yes | No | |
$200 | 0.01 Lot | up to 1:100 | 3.5 | Yes | No | |
10 USD | 1 USD | 1:100 | 3.4 | No | No | |
100 | 0.01 | Up to 1:200 | - | Yes | Yes | |
- | - | - | 1.5 | No | No | |
$2,000 | Varies by asset class | Up to 1:30 for retail clients, higher for professional clients | 3.7 | Yes | No | |
500 EUR | 0.01 lots | up to 1:200 | 3.4 | Yes | No | |
$50 | 0.01 Lot | Up to 1:1000 | 2.3 | Yes | No | |
1000 CHF or equivalent | Not specified | Up to 1:100 for Forex | 3.4 | Yes | No | |
100 USD/EUR/GBP | 0.01 lot | Up to 1:800 (varies by instrument and regulatory requirements) | - | Yes | Yes | |
$100 | 0.01 lots | up to 1:500 | 3.7 | Yes | No | |
$200 | 0.01 Lot | Up to 500:1 | 3.5 | Yes | No | |
$25 | 0.01 Lot | up to 1:1000 | - | Yes | No | |
$100 | 0.01 lots | Up to 1:500 | 3.4 | No | No | |
$1 | 0.01 Lot | up to 1:1000 | 1.9 | Yes | No | |
10 OPEX (Kyrgyzstani Som) | - | Up to 1:3000 (unverified, reported on forums) | - | Yes | No | |
$50 | 0.01 lot | up to 1:500 | - | Yes | No | |
10,000 USD | Not specified | Up to 1:50 | 2.5 | Yes | No | |
$500 | 0.01 lot | up to 1:100 | 2.9 | Yes | No | |
$500 | 0.01 Lot | up to 1:200 | 1.8 | Yes | No | |
$0 | 1 share or $1 for fractional shares | N/A | - | No | No | |
N/A | N/A | N/A | - | No | No | |
$0 | Not specified | Up to 1:4 for stocks | - | Yes | No | |
$500 | N/A | N/A | - | No | No | |
Not specified | Not specified | Not applicable | - | Yes | No | |
INR 0 | Not specified | Up to 6x for equity intraday, varies for other segments | - | Yes | No | |
$100 | $1 | Not applicable | - | No | No | |
$0.10 | Varies by asset | Up to 1:3 for cryptocurrencies | - | Yes | No | |
$5,000 | 1 property | N/A | - | No | No | |
В зависимости от страны и типа учетной записи | N/A | N/A | - | No | No | |
No minimum deposit requirement | Varies depending on the cryptocurrency | Up to 3x for some trading pairs | - | Yes | No | |
$0 | Varies by asset | Up to 100x for cryptocurrencies | - | Yes | No | |
$0 | 1 share or $1 for ETFs and mutual funds | Not typically offered | - | No | No | |
$0 | Varies by asset | None | - | No | No | |
$0 | Not specified | Not generally offered | - | No | No | |
$0 | N/A | N/A | - | Yes | No | |
No official minimum deposit | Varies by asset | Up to 1:100 for certain instruments | 3.2 | Yes | No | |
- | - | - | - | Yes | Yes | |
1$ | - | - | - | Yes | Yes | |
- | - | - | 3.8 | Yes | Yes | |
$5 | - | 1:30 | 4.1 | Yes | Yes | |
$10 | - | 1:500 | 1.5 | Yes | Yes | |
10$ | - | 1:500 | - | Yes | Yes | |
- | - | - | 2.8 | Yes | Yes | |
$1 | - | - | - | Yes | Yes | |
- | - | 1:500 | - | Yes | Yes | |
100$ | - | - | - | Yes | Yes | |
250$ | - | Up to 1:500 | - | Yes | Yes | |
$0.0012 | - | - | - | Yes | Yes | |
$250 | - | Maximum leverage of 1:400 | 2.3 | Yes | Yes | |
$250 | - | Max leverage 1:500 | 1.3 | Yes | Yes | |
$500 | - | 1:6 | 4.6 | Yes | Yes | |
- | - | Starts at 1:20 | 2.1 | Yes | Yes | |
1$ | - | 1:400 | 3.6 | Yes | Yes | |
- | - | - | - | Yes | Yes | |
138$ | - | 1:100 | 4.3 | Yes | Yes | |
10$ | - | Not applicable for GC Option, max 1:500 on Grand Capital | 2.5 | Yes | Yes | |
- | - | 1:3000 | 4.8 | Yes | Yes | |
$10 | - | 1:500 | 4.7 | Yes | Yes | |
5$ | - | - | 3.4 | Yes | Yes | |
- | - | 1:500 | 4.7 | Yes | Yes | |
200$ | - | Up to 1:500 | 4.4 | Yes | Yes | |
$0 | Not specified | Up to 1:50 for Forex | 1.5 | Yes | No | |
$20 | - | - | 4.5 | Yes | Yes | |
$500 | - | - | - | Yes | Yes | |
- | - | - | 4 | Yes | Yes | |
250$ | - | 1:30 | 4.3 | Yes | Yes | |
$100 | - | - | 4 | Yes | Yes | |
- | - | 1:500 | 4.6 | Yes | Yes | |
1$ | - | - | - | Yes | Yes | |
20$ | - | - | - | Yes | Yes | |
- | - | - | - | Yes | Yes | |
0$ | - | Up to 1:2000 | - | Yes | Yes | |
100$ | - | - | - | Yes | Yes | |
- | - | - | - | Yes | Yes | |
$5 | - | - | - | Yes | Yes | |
- | - | up to 1:500 | - | Yes | Yes | |
$100 | - | 1:1000 | 4.1 | Yes | Yes | |
- | - | - | 4.6 | Yes | Yes | |
- | - | - | - | Yes | Yes | |
$100 | - | Up to 1:500 | 4.9 | Yes | Yes | |
$0 | - | 1:500 | - | Yes | Yes | |
$5 | - | Up to 1:3000 | 4.3 | Yes | Yes | |
$1 | - | 1:500 | 4.4 | Yes | Yes | |
$200 | - | 1:2000 | - | Yes | Yes | |
- | - | - | - | No | No | |
- | - | - | - | Yes | Yes |
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