Top 6 Binary Options Brokers in Italy 2024

Binary options trading is increasingly popular, and the global financial market benefits from it. Italy, one of the major trading regions, faced an outburst of unregulated brokers.
- The Top 6 Binary Options Brokers for Italian Traders
- PocketOption -The Best Versatile binary options trading platform
- RaceOption - A Unique trading platform with passive income benefits and bonuses
- Quotex - The Most user-friendly binary options trading platform
- BinaryCent - A Credible binary options trading platform
- Deriv (Binary.com) - The Most innovative Binary Options Broker
- IQCent - A Secure Trading platform
- Difference Between Binary Options And Forex Trading
- Conclusion
Binary trading in Italy has faced its share of regulatory uncertainty. In 2013, the country banned binary options brokers from operating anywhere.
The relevant authorities suspected that binary trading had been made to resemble gambling closely, and the Judge of Rome, on the order of the Public Prosecutor of Rome, made a direction to block binary brokers from working within the country.
Trading binary options in Italy is a delicate experience due to regulatory complexities. The National Commission for Companies and the Stock Exchange (CONSOB) regulates the country’s financial markets and controls the breakout of unregulated and unlicensed brokers in Italy.
However, CONSOB acknowledges brokers licensed in their home countries and encourages them to obtain a license for their Italy-based offices. Brokers based in Cyprus or Malta are also discouraged.
Discover top binary options brokers tailored to your region. Browse our curated lists by country:
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The Top 6 Binary Options Brokers for Italian Traders
To assist you in finding the best brokers for Italian binary options traders, I have carefully reviewed and compiled a list of some reliable brokers.
- Pocket Option – The Best Versatile binary options trading platform.
- Deriv – The Most Innovative Binary Options Broker.
- Quotex – The Most user-friendly binary options trading platform.
- BinaryCent is a credible binary options trading platform.
- RaceOption – A Unique trading platform with passive income benefits and bonuses.
- IQCent – A Secure Trading platform.
Available in Italiano | Available in English | Euro Support | Mobile App | |
Pocket Option | ✅️ | ✅️ | ✅️ | ✅️ |
Deriv | ✅️ | ✅️ | ✅️ | ✅️ |
Quotex | ✅️ | ✅️ | ✅️ | ✅️ |
Binarycent | ❌️ | ✅️ | ✅️ | ✅️ |
Race Option | ❌️ | ✅️ | ✅️ | ✅️ |
IQ Cent | ❌️ | ✅️ | ✅️ | ❌️ |
Please note: Trading in binary options involves risk, and individuals should exercise caution and conduct thorough research before engaging in any financial transactions.
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PocketOption -The Best Versatile binary options trading platform
Overall Rating | 4.7/5 |
Payout | Up to 95% |
Minimum Deposit | 5 EUR |
Maximum Deposit | – |
Minimum investment | 1 USD |
Payment Methods | VISA, MasterCard, Cryptocurrencies, Bank Transfer, Perfect Money, Advcash, WebMoney, Payeer, Bank card (EUR) |
Lot Size | 0.01 |
Assets | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Supported Currencies | USD, EUR |
Customer Support Service | Community Help, Online Chat, Email |
Regulation | International Financial Market Relations Regulation Center (IFMRRC) |
Pocket Option was founded in 2017 and has since attracted lots of traders from all over the world. It is owned by Gembell Limited, based in the Marshall Islands, and is regulated by the International Financial Market Relations Regulation Center (IFMRRC).
Pocket Option has been proven to be a unique, reliable binary options broker. It is committed to a better trading experience by providing benefits like minimal risks, cashback, tournaments, and affiliate programs.
Sign-up and Verification Process
To sign up, simply visit the Pocket Option website and select the ‘Create account’ or ‘Sign Up’ option. You can create an account using an email address, Facebook, or Apple account.
The Pocket Option verification process is divided into Email verification, Proof of identity, and Proof of residence. After creating an account, you can confirm your email by clicking on the confirmation link sent to your email address. Choose Italy as your residence and provide your identity documents (Passport, Government ID).
Submit your bank statement, utility bill, or any other document requested for proof of address. Follow the instructions and submit clear images of the valid documents. A face scan is required; verification can take an hour to 5 business days.
Trading Platform
As a multilingual platform, Pocket Option is available in over 95 regions and offers up to 13 languages, including Italiano, an advantage to Italian traders. Pocket Option has a user-friendly interface that is easy to navigate, reducing complexity in the trading process.
Equipped with innovative trading tools that are compatible with beginners and expert traders, it supports automated trading and social trading benefits. With social trading, traders are allowed to collaborate, learn, and share trading strategies with more successful peers.
This feature broadens the horizon for Italian traders, allowing them to fully experience and maximize the benefits of a trading community through social interaction with fellow foreign traders. Pocket Option is hosted with the MetaTrader app, a versatile and remarkably powerful platform that provides various trading features such as lightweight and backtesting.
Trading Features
Pocket Option provides you with some of the best trading features which include:
- Trades — to monitor trading activities, open orders, etc.
- Social trading — to copy other traders’ activity on various instruments.
- Express trade
- Tournament — to participate in a trading competition.
- Profile management — password control, app setting, etc.
- Achievement
- Charts
- Technical indicators.
Mobile app
- Android: Available ✅️
- iOS: Available ✅️
Pocket Option provides users with a mobile version of the platform available for iOS and Android. Built to be user-friendly and fast-processing, it also offers various trading tools like indicators and charts for technical analysis. Traders have access to economic calendars and can track their entire process.
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 | 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 |
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RaceOption – A Unique trading platform with passive income benefits and bonuses
Overall Rating | 4.5/5 |
Payout | Up to 90% |
Minimum Deposit | 10 USD/EUR |
Minimum trade | 1 USD/EUR |
Payment Methods | Visa/MasterCard, Bitcoin, Ethereum, Altcoins |
Lot Size | 0.1 |
Assets | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Supported Currencies | USD, EUR, GBP, RUB, BTC, ETH |
Customer Support Service | Email, Calls |
Regulation | – |
RaceOption is one of the reliable brokers available to binary options traders. It was founded in 2017 and owned by Makerun Corp, based in the Marshall Islands. RaceOption offers up to 100 tradable assets in the financial market.
Though the platform does not offer languages besides English and Espanol, it provides many trading advantages such as copy trading, bonuses, and referral rewards.
Sign-up and Verification Process
Signing up on RaceOption is simple and uncomplicated. Click ‘Register’ to create an account, then provide your information as prompted (email, name, password). Select your preferred currency and accept the terms after reading. Click ‘Next’ and proceed to log in.
Next, you can verify your identity by uploading a valid passport, government ID card, or driver’s license. First, log in and go to settings on your profile. Select verification and enter your date of birth. Next, upload a clear image of your preferred document.
Trading Platform
The RaceOption trading platform offers a simplistic interface and an extended range of payment methods compatible with Italian traders. It is packed with impressive tools for charting and analysis.
Heavily invested in providing optimal trading experience to traders, Race Option provides 24/7 customer service and personal advisory, which is necessary for beginners. While there are no hidden charges for opening or maintaining an account, the platform can charge up to 2% for certain trading positions.
Trading Features
Here are some of the features to expect from the Race Option binary options trading app:
- Funding /deposit
- Withdrawal
- History — to monitor trading activity in the past.
- Turbo savings
- Contest
- Analysis
- Info base — for learning about binary options trading and how to use the Race Option app.
- Social trade — with the copy trade feature.
- Top live trades.
Mobile App
- Android: Available ✅️
- iOS: Unavailable ❌
Race Option is currently unavailable for iOS devices. The mobile app offers a seamless trading experience for Android users. It is available on the Play Store and has an APK download version. The interface is considerable and supports the TradingView terminal. Traders can track their activities across both web and mobile platforms.
Assets And Instruments
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. |
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Quotex – The Most user-friendly binary options trading platform
Overall Rating | 4.8/5 |
Payout | Up to 92% |
Minimum Deposit | 10 USD/EUR |
Minimum Trade | 1 USD/EUR |
Payment Methods | Bank Cards, Bank Transfers. Advcash, Perfect Money, Neteller, Skrill, Binance Pay, Cryptocurrencies |
Lot Size | 0.01 |
Assets | Forex, Stocks, Metals, Indices, Commodities, Cryptocurrencies, ETFs, OTC, Composites |
Supported Currencies | USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND |
Customer Support Service | Online Chat, Email |
Regulation | International Financial Market Relations Regulation Centre (IFMRRC) |
Quotex is a broker founded in 2019 by Awesomo Ltd, a company based in the Seychelles. It has become increasingly popular over a short period of time and is described as reliable. Quotex was previously licensed in 2020 and certified by the International Financial Market Relations Regulation Centre (IFMRRC).
However, it was revoked in 2021, and the platform is currently unregulated. Regardless, Quotex has continued to enjoy a good customer review rate.
Sign-up and Verification Process
Quotex offers an easy sign-up process on their website. Click on Registration and simply enter your name, email, and a secure password to create an account. You do not need to sign up to use a demo account.
For verification, Quotex acts in compliance with the AML requirements and requires valid documents as proof of identity and address. It is a simple process with fast-responding customer support to guide you. Some of the documents required are utility bills, bank statements, valid government ID, passport, or driver’s license.
Trading Platform
Quotex is an intuitive trading platform with a good pool of tools for technical analysis. It also provides live signals and recommendations, making it beginner-friendly. In addition to a fast processing speed, it supports demo accounts for practices and theory testing.
It is available in various languages and offers up to a 30% deposit bonus. Quotex is a brand focused on quality and accessibility. Customer support is available 24/7 and has a fast response time.
Trading Features
You’ll find all the necessary features you need to complete every trade you want. You’ll find:
- Demo trading
- Real account trading
- Chart management
- Account management
- Technical indicator — RSI, MACD, etc.
- Transaction management
- Account analytics
- Trading signal
- Leaderboards
Mobile App
- Android: Available ✅️
- iOS: Unavailable
Quotex mobile apps are available for Android devices. It mirrors a lightweight, intuitive interface like the web platform. Traders have access to live signals and necessary drawing tools. It is rated to have high withdrawal response and seamless processing speed. There is a low minimum requirement and a range of asset options. Mobile apps are available on the Play Store.
Assets And Instruments
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 |
BinaryCent – A Credible binary options trading platform
Overall Rating | 4.5/5 |
Payout | Up to 90% |
Minimum Deposit | $250 / 240 Eur |
Maximum Deposit | 50000 USD/EUR |
Minimum Withdrawal | 50 USD/EUR |
Payment Methods | MasterCard, Cryptocurrencies, Bank Transfers |
Minimum trade | 1 USD/EUR |
Assets | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
Supported Currencies | EUR, USD, CHF |
Customer Support Service | Via Email, online chat |
Regulation | Vanuatu Financial Services Commission (VFSC) |
Founded in 2015, BinaryCent is a good trading broker with a considerable satisfaction rate. It is regulated by the Vanuatu Financial Services Commission (VFSC) and is ideal for professional traders. With a demo account to enable traders to test strategies, BinaryCent is one of the options brokers strongly committed to making trading easy, accessible, and seamless.
Sign-up and Verification Process
To sign up and begin your trading journey on BinaryCent as an Italian trader, simply visit their website at Binarycent.com. Select the Register option and enter your details (Email, Password, Names). Go on to choose your preferred currency and agree to the terms before clicking the Next button. Your account is ready.
Verification is necessary and could prevent withdrawals. To verify your account, log into your profile and click on settings. Fill in your details to verify your email.
Next, choose the verification option and enter your date of birth, then select your preferred identity document (passport, ID Card, Driver’s license). Submit a photo of each side of the document. Verification takes up to 5 business days.
Trading features
Binary Cent offers the necessary features you’ll need as a binary option trader. You’ll get the following:
- Multiple chart providers — TradingView or Tick Chart.
- Technical indicators
- Info base — for learning resources
- Invite option — for special offers
- Deposit & withdrawal
- Marketplace
- Live chat — in-app support.
Trading Platform
BinaryCent is a multilingual customizable trading platform that offers three types of accounts to make it accessible for traders. It also provides other ways for users to make money on the platform, such as copy-trading and joining the Binary Cent affiliate program. It also has low commission rates depending on the asset.
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
Quotex offers Italian traders a mobile platform enabling easy account accessibility on both Android and iOS. It uses an intuitive interface and lightspeed processing. Traders can engage their charts and trades from anywhere and on any mobile device. The mobile app is available on the App Store and PlayStore.
Assets And Instruments
Asset Type | Instrument |
Cryptocurrencies | Bitcoin (BTC), Dogecoin (DOGE), BNB, Polygon (MATIC), Quant (QNT), Ripple (XRP), Solana (SOL), ETC/USDT — similar to the currency pairs, this was available in 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. Each of these instruments can be traded as ‘over-the-counter’ OTC. |
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Deriv (Binary.com) – The Most innovative Binary Options Broker
Overall Rating | 4.6/5 |
Payout | Up to 95% |
Minimum Deposit | 5 USD/EUR |
Payment Methods | VISA, MasterCard, E-wallets, Bank Transfer, Cryptocurrencies, Changelly, Banxa, Xanpool. |
Assets | Forex, Derived Indices, Stocks and Indices, Cryptocurrencies, Commodities |
Supported Currencies | USD, GBP, EUR, AUD |
Customer Support Service | Live Chat, Whatsapp |
Regulation | Malta Financial Services Authority (MFSA) and the Labuan Financial Services Authority (LFSA) |
Established in 1999, Deriv is one of the most prominent trading platforms and offers a wide range of tradeable assets. It is secure and reliable, contributing to its popularity in many countries. As a multilingual trading platform, it supports various languages, including Italian, making it a considerable option for Italian traders.
Deriv focuses on providing a quality yet accessible trading experience. It is located in Malta and is regulated by the Malta Financial Services Authority (MFSA) and the Labuan Financial Services Authority (LFSA). It also offers low minimum requirements with quality learning resources, including market news and articles. It supports trading in various regions, including Italy.
Sign-up and Verification Process
To get started on Deriv.com, visit their website and click to create a demo account. You can sign up using your email address, Facebook, Apple, or Google account. Select the’ live account’ option to fund and begin your live trading experience.
Simply create the account by selecting a base currency like USD, GBP, EUR, or AUD. Continue your verification process by providing your personal information and valid documents like a driver’s license, passport, or government ID. Verification on Deriv takes less than 1 to 3 business days once you have uploaded the necessary documents.
Trading Platform
Deriv.com supports free demo accounts and has a variety of trading materials, including automated trading. It has a trading academy called Deriv Academy, enriched with quality trading materials.
However, it does not offer seminars and webinars but provides expert consultation. The platform has an intuitive design that is easy to understand and navigate for beginners and experts.
Trading Features
What are some features you should expect from using Deriv?
- Market — to view several instruments in the market
- Trade — buy or sell an instrument
- Positions — open positions and trade
- Deposit and Withdrawal — comes with multiple options.
Mobile App
- Android: Available ✅️
- iOS: Available ✅️
Deriv offers two mobile platforms for Italian traders. It has seasoned apps for necessary areas traders may be interested in. Deriv.Go allows traders to trade multipliers and get profits on mobile devices.
While Deriv X offers a flexible, customizable multi-asset mobile platform to trade CFDs on forex, commodities, stocks, indices, and cryptocurrencies, other apps like Deriv MT5 also provide unique services for traders.
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. |
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IQCent – A Secure Trading platform
Overall Rating | 4.6/5 |
Payout | Up to 90% |
Minimum Deposit | 20 USD/EUR |
Maximum Deposit | – |
Payment Methods | Bank Cards, Bank Transfers. Advcash, Perfect Money, Neteller, Skrill, Binance Pay, Cryptocurrencies |
Lot Size | 0.01 |
Assets | Forex, Commodities, Indices and Cryptocurrencies |
Supported Currencies | USD, EUR, RUB, GBP |
Customer Support Service | Live Chat, Hotline |
Founded in 2017 and certified by the IFMRRC (International Financial Market Relations Regulations Center), IQcent is a recommendable broker and offers service to various trading regions. It is a multilingual trading platform, though it does not offer Italiano.
Sign-up and Verification Process
To get started on IQ Cent, simply click on signup. Enter your details, including email, name, and phone number. Choose your preferred base currency and click on signup to continue. IQ Cent offers up to 4 account types: Bronze, Silver, Gold, and VIP.
IQ Cent has a detailed verification process. To start verification, log into your dashboard and go to the ‘My Account’ section. Provide valid documents such as government-issued ID, passport, or driver’s license.
Trading Platform
IQ Cent has a friendly interface and offers a series of payment methods from which Italian traders can choose. It has over 100 trading assets to help traders diversify their portfolios. Its copy-trading features make it a good option for Beginners.
It has a fast processing speed for seamless trading and withdrawals. Iq Cent protects and secures user information by using advanced network security measures like 256-bit SSL encryption.
Trading Features
Here are some of the features to expect as a user on IQ Cent. These are:
- Deposit and withdraw
- Live trading with customizable interface
- TurboSavings
- contest
- analysis
- marketplace
- live chat
- info base.
- Monitor trades.
Mobile App
- Android: Unavailable ❌️
- iOS: Unavailable ❌️
While IQ Cent may not have a mobile platform version on App Stores, the web version is optimized for mobile use. It offers fast load time, drawing tools, and real-time market information.
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. |
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Difference Between Binary Options And Forex Trading
Both trading practices are different. Binary options trading is focused on predicting the price fluctuation of an underlying asset and generating profits. It involves simple call-put options and is an all-or-nothing return financial instrument. However, Forex trading is practiced on a global platform where currency differences are traded in pairs daily.
Whereas weekend trading windows are not favorable to forex traders, they get returns by predicting the trend of foreign currencies and need to understand economic influencing elements like inflation and interest rates. This makes forex trading more complex than binary options.
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Conclusion
Binary options trading is increasingly popular, and the global financial market benefits from it. Italy, one of the major trading regions, faced an outburst of unregulated brokers.
While CONSOB has yet to be completely successful in blocking such brokers, it has made rules to ensure a safe trading environment for traders in Italy. Though it is not banned or cited as illegal, traders are encouraged to research potential brokers and visit the CONSOB website to view unsafe brokers.
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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