Top 6 Binary Options Brokers in Mexico 2024

The Mexican economy is slowly adapting to the global financial market trend of the derivative market, and crude prices solely drive its capital market. Its option market is highly regulated by systems like CNBV (Comisión Nacional Bancaria y de Valores), known as the National Banking and Securities Commission.

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 | Japan | Brazil | Philippines | Vietnam | Iran | South Africa | Italy | South Korea | Argentina

Top 6 Binary Options Brokers in Mexico

To guide you, I have compiled a list of the top binary brokers for Mexican traders.

1. Binomo – The Best Broker with the Minimum deposit.
2. IQ Option – The Best Platform with a Simple Interface.
3. Expert Option – The Most Innovative Platform.
4. Race Option – A Transparent Trading Platform.
5. Deriv – The Most Credible Binary Options Trading Platform.
6. VideForex – A Trusted Trading Platform.

Please note: Trading binary options is risky, and should be done with caution. It is important to carry out proper study before starting.

Binomo

Binomo is a popular trading platform for binary options traders. Regulated by the International Financial Commission (IFC) since May 2018 and founded in 2014, it offers services while operating under the necessary license.

As a credit to its reliability, Binomo is ranked as Category A, the highest level to ensure a secure trading experience. It is equipped with remarkable trading tools and offers educating trading resources. Binomo supports more than 60 assets and up to 6 languages, including English, Spanish, and Indian.

Sign-up and Verification Process

Signing up on Binomo is impressively easy and fast. Visit the website at Binomo.com and select the signup button at the top corner of the site. Create an account using Google or Facebook, or simply enter your email address and a password.

Move on to select the currency you prefer. Accept the terms and conditions after reading and click submit. Confirm the link sent to the email in one hour.

To verify your account, click on your profile and select verification. You can verify your identity and your bank card as well. To verify your identity, submit your passport, ID card, or driver’s license. Once submitted, your details will be reviewed, which could take up to 10 minutes or more. Repeat the same process to verify your bank card.

Trading Platform

Binomo has a simple yet intuitive interface that is easy to navigate. One of its features includes a fast, secure trade execution speed. It is also customizable and runs 24/7. Different unique trading tools help traders have a smooth trading experience.

It provides a demo account for strategy testing and training purposes. Binomo offers other account options, including standard, gold, and VIP options. Each type of account is unique and has its benefits.

Trading Features

This is literally one of the most ideal trading binary options trading platforms. The interface completely alings with several other centralized exchanges. Some of the features you’ll get include a more expansive time frame up to daily; Indicators including social trading,

RSI, fractal, Parabolic SAR, Moving averages, MACD, and Bollinger Band; you’ll also find other generally accepted features like top traders, tournaments, bonuses, and Calendars.

Mobile App

• Android: Available ✅️
• iOS: Available ✅️

Binomo supports both web and mobile versions of its terminal. The mobile version supports the platform’s important features, allowing traders to access Trading sessions and engage in their trades on the go.

It has an easy installation process and is available on either the App Store or Play Store. It is user-friendly and can be synced to the web. You can also engage in Tournaments on the web.

Assets and Instruments

IQ Option

Founded by Andrey Lopatin and Roman Shaykov in 2013, IQ Option is a multilingual solid trading platform with 24/7 trading support. The popularity of this platform has grown over time, and it has received notable awards for its services, including Best Trading Experience by WorldForexAward in 2022 for the renowned forex trading experience it offers users.

Though it does not utilize MT4, IQ Options provides traders with educational and training resources. It hosts up to 300+ assets and provides services to different countries globally. It is regulated by the Cyprus Securities and Exchange Commission (CySEC).

 Sign-up and Verification Process

The signup process is straightforward and safe. Simply enter your email address and password. You can also sign up for a social account like Gmail or Facebook. Accept the terms and click on the Create an Account button. Confirm your registration via the confirmation link in your email.

To complete your verification process, simply click the verification option on your profile and provide the required details, including your name, address, and financial information. Provide your passport, valid ID, or license as proof of identity.

For proof of address, submit any of the following: a bank account statement, a utility bill, such as water or electricity, a document from the municipality with the official stamp confirming your address, or a tax statement. Your details will be reviewed in 1 business day.

Trading Platform

IQ Option has an intuitive, customizable platform design and a modern outlook. The trading platform operates innovative software to make trading fast and secure. By using the tools and indicators, traders can maximize their experience.

It provides a community that is supportive of information circulation and collaboration. Educational and training materials are made available and accessible on the platform to help both beginners and intermediate traders. Mexican traders can change the platform language to Espanol and other available languages.

Trading Features

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

Mobile Trading Apps

• Android: Available ✅️
• iOS: Available ✅️

IQ Option offers a mobile app for iOS and Android, allowing traders to engage in their trade anytime from anywhere. The mobile version is user-friendly and includes the necessary features for a great trading experience.

Available Assets

Expert Option

Expert Option is a recommended training platform and is popular in many countries. It offers over 100 assets and is registered by Vanuatu Financial Service Commission (VFSC) license number 15014. It is regulated by the SVGFSA (Financial Services Authority in St.

Vincent and the Grenadines). In addition to its educational resources, it supports a demo account that traders can use even without registering. It places no commission or fees for its trades. By enabling social trading features, traders can collaborate easily and work on deals.

It complies with regulatory requirements, including Anti-money laundering and Know Your Customers policies. You can visit their AML/KYC policy page to learn about it. It operates on a customized terminal and allows live quotes.

Sign-up and Verification Process

Signing up for Expert Option would require you to provide your email address and a password. You can also sign up using your Google account, Apple or Facebook. You can claim x2 of your initial deposit within an hour of registering; however, it can’t be converted to real money. Check your inbox for a confirmation email.

You can go on to verify your account. There are two kinds of verification on Expert Option: Proof of identity and bank verification. For proof of identity, simply provide the details required. Bank verification requires photos of certain documents, including a valid ID card or passport and bank card.

Trading Platform

Expert Option is a trading platform that is beginner-friendly and has gained popularity not just in Mexico but in other countries. Though it does not offer its services to the US and some other places, it provides beginner and advanced traders with a seamless trading experience because of instant trade execution and trade journal features to track trades and training resources.

There are no commissions or fees required unless you are using e-wallets.

Trading Features

You’ll get some of the most comprehensive features using expert options. This includes a calculator for predicting the growth percentage and amount. Four technical charts, multiple technical indicators, four professional trading account types, and multiple e-wallets. The other features are very common features available across other binary options brokers.

Mobile Trading Apps

• Android: Available ✅️
• iOS: Available ✅️

Reinforced with innovative analytic tools and a user-friendly interface, the Expert Option mobile app is compatible with mobile devices. It allows traders to have a good trading experience on their smartphones. It offers learning materials, and though there are few comments on the trade execution speed, it is a good trading app nonetheless.

Available Assets

Race Option

Managed by Makerun Corp, Marshall Islands, RaceOption was founded in 2017. Though RaceOption offers its service globally, the majority of its clients are from Mexico, Brazil, Germany, Puerto Rico, Switzerland, and Costa Rica.

The platform offers up to 100 trade assets, including Binary options and stocks. RaceOption allows copy trading features and runs 24/7 support for its clients. Mexican traders can choose to navigate the platform in Espanol and maximize their trading experience with the live charts.

Sign-up and Verification Process

RaceOption focuses on ensuring data protection and a safe trading system for its clients. To sign up on the platform, select the register option, enter your email address, password, and name, and select your preferred currency. Accept the platform’s terms and hit next.

Choose an account type. Each one has its unique properties and benefits. Go on to fund your account with any of the listed deposit options.

For verification, RaceOption would require documents for proof of identity and address. This is required before a trader can initiate withdrawals. The minimum withdrawal is $20.

Trading Platform

RaceOption is a secure trading platform with benefits such as referral programs, bonuses, giveaways, and contest rewards. Copy trading is another feature the platform offers, allowing users to make income without burning out in the trading process.

It does not offer training tutorials, but it’s simple and clean interface is easy to navigate. Traders can also view and track their trading history.

Trading Feature

There are several innovative features on Race Option. From the most basic of add funds, withdraw, history, service, invite, turbo savings, contests, analysis, info base, marketplace, and live chart.

There are other features like open orders to monitor your trade, the trading chart to monitor charts, limited time frames, copy trading, and top live trades.

Mobile App

• Android: Available ✅️
• iOS: Available ✅️

RaceOption has both a web platform and a mobile version. Though the web trading platform is responsive, and there is no need to download it on a desktop, RaceOption Mobile is available on the App Store and Play Store. It is compatible with the software and ensures seamless trading.

Available Assets

Deriv

Deriv was founded in 1999 and has since become popular in the trading sphere. It is located in Malta and is related to the Malta Financial Services Authority (MFSA) and the Labuan Financial Services Authority (LFSA). Offering low minimum requirements but quality trading experience, the goal of Deriv is to make trading accessible.

It provides traders with a wide range of asset choices and 100+ tradable financial instruments, including CDFs and Indices. The platform offers traders quality learning resources, including market news and articles.

Sign-up and Verification Process

Deriv offers an easy sign-up and verification process. Simply select the sign-up option and provide the required details, including your email address, name, password, etc. To verify, provide your personal details as required and submit the required documents like a valid ID or bank statement. Once verified, you can trade and withdraw from the platform.

Trading Platform

Deriv offers a range of trading features, including automated trading and demo accounts to allow binary trading strategy testing and training. The platform is designed with an intuitive interface, making it easy to use and enriched with quality trading tools, including charts and indicators.

Deriv has a trading academy called Deriv Academy, which offers educational materials like videos. However, It does not hold seminars or webinars.

Trading Features

You’ll have access to a complete suite of trading features on signing up on Deriv, this including the deposit and withdrawal option, the trade management feature, the wide range of timeframe, the technical indicators supported, in app support, and educational resources.

Mobile App

• Android: Available ✅️
• iOS: Available ✅️

Deriv offers a mobile app for both Android and iOS for Mexican traders.

Assets And Instrument

VideForex

VideForex is a popular platform registered in Marshall Islands by INVOLVA CORP. It has a user-friendly interface that suits both beginners and intermediate traders. It is equipped with trading analysis tools to help users improve their trading skills. It also has a demo account which is available once you deposit on the platform.

It uses TradingView and also integrates copy trading as one of its features.

Sign-up and Verification Process

Potential traders can sign up on the platform by creating an account or signing up. Next, enter your email address and other information. Select your preferred currency and accept the terms. Proceed to click on ‘Next’. Select your account type (Bronze, Silver, Gold) and proceed. Select your funding and withdrawal methods.

Verification is necessary, so you can be asked at any time to provide your details, such as passport or valid ID. The platform’s team will review the requirements submitted.

Trading Platform

Videforex is secure and reliable. It also offers 24/7 support to its clients. In addition to low fees, Videforex creates earning opportunities for trades by offering trading contests with rewards. The platform is completely customizable, and updates are based on the user’s feedback to improve their trading experience.

It provides a list of trading tools such as economic calendar, charts, and market news.

Trading Features

Vide Forex has one of the most interactive displays. You have complete access to limited technical analysis tools, a limited trading time frame, and even the option to choose between Trading View and Tick Chart to provide trading data for you.

You’ll also have access to copy trading features to duplicate life trades or top-performing traders, and the ability to monitor top live traders in action. Like every other broker, details on trading history, trading stats, and education resources aren’t exempted.

Mobile App

• Android: Available ✅️
• iOS: Unavailable ❌️

The VideForex mobile app enables beginner and experienced traders to experience smooth trading while providing them with a variety of underlying assets. Its features include fast trade execution and supply of tools, making it a good alternative for the web platform.

With the use of account management, beginner and experienced traders have access to their trade history and execute trades wherever they are.

Available Assets

Final Thoughts

Binary options trading is a high-risk financial instrument, and choosing a reliable broker can be challenging. For Mexican traders, it is not illegal to trade binary. Mexico is slowly growing in the global market. However, it is best not to downplay due diligence when starting your trading journey in Mexico.

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.

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
1.	$5	$1	Up to 1:100	-	No	No
2.	$10	$1	Up to 1:1000 for forex, varies for other instruments	4	Yes	No
3.	100 USD	0.01 Lot	up to 1:1000	3.7	No	No
4.	$100	0.01 Lot	Up to 1:500	-	Yes	No
5.	$10	$1	Up to 1:500	-	Yes	No
6.	$25	$1	N/A	2.3	No	No
7.	$100	0.01 lots	Up to 1:30 for retail clients, 1:300 for professional clients	-	Yes	Yes
8.	$5	Not specified	Up to 1:1000	4	No	No
9.	5 USD	0.5 USD	Up to 1:1000	4.4	Yes	No
10.	$10	$1	Up to 1:500	4.1	Yes	No
11.	$10	$1	Up to 1:1000	4.2	Yes	No
12.	$10	$1	Up to 1:400	-	Yes	No
13.	$200	Varies by asset	Up to 1:30 for retail clients, higher for professional clients	4.2	Yes	No
14.	Not available	Not available	Not available	2.5	No	No
15.	$100	0.01 Lot	Up to 1:30 for retail clients, 1:500 for professional clients	1.6	Yes	No
16.	$250	Not specified	Up to 1:1000	2.8	Yes	No
17.	$1	0.01 Lot	up to 1:3000	-	Yes	No
18.	$100	0.01 Lots	Up to 1:400	4.7	Yes	No
19.	$250	0.1 lot	up to 1:100	1.5	Yes	No
20.	$200	0.01 lots	Up to 1:500	4	Yes	No
21.	100 USD	0.01 lots	up to 1:200	3.4	Yes	No
22.	$100	0.01 lots	up to 1:500	1.5	Yes	No
23.	$100	0.01 Lot	Up to 1:300	4.1	Yes	No
24.	$200	0.01 lot	Up to 1:500	3.8	Yes	No
25.	$1	0.01 Lot	Up to 1:1000	3.3	Yes	No
26.	$5	0.01 lots	up to 1:888	3.8	Yes	No
27.	$200	0.01 lots	up to 1:2000	-	Yes	No
28.	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
29.	100 USD	0.01 Lot	Up to 1:500	1.8	Yes	No
30.	250 USD	1 USD	1:50	2.4	No	No
31.	$250	$1	1:1	1.7	No	No
32.	$1	0.01 Lot	Up to 1:1000	3.8	Yes	No
33.	$10	$1	None	3.8	No	No
34.	$20	0.01 lots	up to 1:300	3.3	Yes	No
35.	$250	0.01 lots	Up to 1:30 for retail clients, 1:200 for professional clients	3.9	Yes	Yes
36.	$10	0.01 Lot	up to 1:1000	2.7	Yes	No
37.	$100	0.01 lots	Up to 1:500	4.4	Yes	No
38.	$100	0.01 Lot	Up to 1:300	4.1	No	No
39.	$10	0.01 lots	Up to 1:2000	3.8	Yes	No
40.	$50	0.01 lots	Up to 1:400	-	Yes	No
41.	$100	0.01 Lot	Up to 1:300	3.4	Yes	No
42.	100 USD	0.01 Lot	Up to 1:500	4.2	Yes	No
43.	-	0.01 Lot	Up to 1:500	4	Yes	No
44.	$100	0.01 Lot	Up to 1:30 for retail clients, up to 1:200 for professional clients	2.1	Yes	No
45.	10 USD	0.01 Lot	up to 1:2000	2.5	Yes	No
46.	$1	0.01 Lot	up to 1:1000	3	Yes	No
47.	$100	0.01 lots	up to 1:500	3.8	Yes	No
48.	$50	0.01 lots	Up to 1:200	4.7	Yes	No
49.	$0	0.01 micro lots	Up to 1:50 for US clients, varies for other regions	3.4	Yes	No
50.	N/A	N/A	N/A	4.4	No	No
51.	100 EUR/USD/GBP	0.01 lots	Up to 1:200	3.6	Yes	No
52.	100 USD	N/A	Up to 1:1000 (Varies by broker and regulation)	3.6	Yes	No
53.	$500	Not specified	Up to 6:1 for day trades, 2:1 for overnight positions	3.2	Yes	No
54.	0 GBP	0.01 lots	Up to 30:1 for retail clients, up to 500:1 for professional clients	4	Yes	Yes
55.	$500	Varies by asset	Up to 1:50 for stocks, varies for other instruments	4.5	Yes	No
56.	$200	0.01 lots	Up to 1:500	4.8	Yes	No
57.	Variable depending on account type and region	0.01 lots	Up to 1:1000	3.2	Yes	No
58.	$200	0.01 lots	Up to 1:30 for retail clients, up to 1:500 for professional clients	3.9	Yes	No
59.	$100	0.01 lot	Up to 1:400	4.3	Yes	Yes
60.	$0 for Standard Account, $500 for ThinkZero Account	0.01 lots	Up to 1:500 for Forex	4.3	Yes	No
61.	100 GBP	0.01 lots	Up to 1:30 for retail clients, up to 1:300 for professional clients	1.9	Yes	No
62.	$0	Not specified	Not applicable for U.S. based investment brokers	1.2	Yes	No
63.	$0	N/A	Up to 1:50 for Forex (for professional clients)	1.2	Yes	No
64.	$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
65.	$50	0.01 Lot	Up to 1:500	4.3	No	No
66.	$500	0.01 lots	up to 1:30 for retail clients, up to 1:200 for professional clients	3.1	Yes	No
67.	$100	0.01 Lot	up to 1:1000	3.1	Yes	No
68.	$500	0.01 lots	Up to 1:400	1.3	Yes	No
69.	$10	0.01 Lot	up to 1:1000	4.4	Yes	No
70.	$0	Not specified	Up to 1:50 for stocks	1.1	Yes	No
71.	$500	Not specified	Up to 1:50 for stocks	1.1	Yes	No
72.	No minimum deposit	0.01 lots	Up to 1:500	2.6	Yes	No
73.	$10	0.01 Lot	up to 1:1000	3.4	Yes	No
74.	$1	0.01 Micro Lot	Up to 1:2000	4.6	Yes	No
75.	$200	0.01 Lot	up to 1:100	3.5	Yes	No
76.	10 USD	1 USD	1:100	3.4	No	No
77.	100	0.01	Up to 1:200	-	Yes	Yes
78.	-	-	-	1.5	No	No
79.	$2,000	Varies by asset class	Up to 1:30 for retail clients, higher for professional clients	3.7	Yes	No
80.	500 EUR	0.01 lots	up to 1:200	3.4	Yes	No
81.	$50	0.01 Lot	Up to 1:1000	2.3	Yes	No
82.	1000 CHF or equivalent	Not specified	Up to 1:100 for Forex	3.4	Yes	No
83.	100 USD/EUR/GBP	0.01 lot	Up to 1:800 (varies by instrument and regulatory requirements)	-	Yes	Yes
84.	$100	0.01 lots	up to 1:500	3.7	Yes	No
85.	$200	0.01 Lot	Up to 500:1	3.5	Yes	No
86.	$25	0.01 Lot	up to 1:1000	-	Yes	No
87.	$100	0.01 lots	Up to 1:500	3.4	No	No
88.	$1	0.01 Lot	up to 1:1000	1.9	Yes	No
89.	10 OPEX (Kyrgyzstani Som)	-	Up to 1:3000 (unverified, reported on forums)	-	Yes	No
90.	$50	0.01 lot	up to 1:500	-	Yes	No
91.	10,000 USD	Not specified	Up to 1:50	2.5	Yes	No
92.	$500	0.01 lot	up to 1:100	2.9	Yes	No
93.	$500	0.01 Lot	up to 1:200	1.8	Yes	No
94.	$0	1 share or $1 for fractional shares	N/A	-	No	No
95.	N/A	N/A	N/A	-	No	No
96.	$0	Not specified	Up to 1:4 for stocks	-	Yes	No
97.	$500	N/A	N/A	-	No	No
98.	Not specified	Not specified	Not applicable	-	Yes	No
99.	INR 0	Not specified	Up to 6x for equity intraday, varies for other segments	-	Yes	No
100.	$100	$1	Not applicable	-	No	No
101.	$0.10	Varies by asset	Up to 1:3 for cryptocurrencies	-	Yes	No
102.	$5,000	1 property	N/A	-	No	No
103.	В зависимости от страны и типа учетной записи	N/A	N/A	-	No	No
104.	No minimum deposit requirement	Varies depending on the cryptocurrency	Up to 3x for some trading pairs	-	Yes	No
105.	$0	Varies by asset	Up to 100x for cryptocurrencies	-	Yes	No
106.	$0	1 share or $1 for ETFs and mutual funds	Not typically offered	-	No	No
107.	$0	Varies by asset	None	-	No	No
108.	$0	Not specified	Not generally offered	-	No	No
109.	$0	N/A	N/A	-	Yes	No
110.	No official minimum deposit	Varies by asset	Up to 1:100 for certain instruments	3.2	Yes	No
111.	-	-	-	-	Yes	Yes
112.	1$	-	-	-	Yes	Yes
113.	-	-	-	3.8	Yes	Yes
114.	$5	-	1:30	4.1	Yes	Yes
115.	$10	-	1:500	1.5	Yes	Yes
116.	10$	-	1:500	-	Yes	Yes
117.	-	-	-	2.8	Yes	Yes
118.	$1	-	-	-	Yes	Yes
119.	-	-	1:500	-	Yes	Yes
120.	100$	-	-	-	Yes	Yes
121.	250$	-	Up to 1:500	-	Yes	Yes
122.	$0.0012	-	-	-	Yes	Yes
123.	$250	-	Maximum leverage of 1:400	2.3	Yes	Yes
124.	$250	-	Max leverage 1:500	1.3	Yes	Yes
125.	$500	-	1:6	4.6	Yes	Yes
126.	-	-	Starts at 1:20	2.1	Yes	Yes
127.	1$	-	1:400	3.6	Yes	Yes
128.	-	-	-	-	Yes	Yes
129.	138$	-	1:100	4.3	Yes	Yes
130.	10$	-	Not applicable for GC Option, max 1:500 on Grand Capital	2.5	Yes	Yes
131.	-	-	1:3000	4.8	Yes	Yes
132.	$10	-	1:500	4.7	Yes	Yes
133.	5$	-	-	3.4	Yes	Yes
134.	-	-	1:500	4.7	Yes	Yes
135.	200$	-	Up to 1:500	4.4	Yes	Yes
136.	$0	Not specified	Up to 1:50 for Forex	1.5	Yes	No
137.	$20	-	-	4.5	Yes	Yes
138.	$500	-	-	-	Yes	Yes
139.	-	-	-	4	Yes	Yes
140.	250$	-	1:30	4.3	Yes	Yes
141.	$100	-	-	4	Yes	Yes
142.	-	-	1:500	4.6	Yes	Yes
143.	1$	-	-	-	Yes	Yes
144.	20$	-	-	-	Yes	Yes
145.	-	-	-	-	Yes	Yes
146.	0$	-	Up to 1:2000	-	Yes	Yes
147.	100$	-	-	-	Yes	Yes
148.	-	-	-	-	Yes	Yes
149.	$5	-	-	-	Yes	Yes
150.	-	-	up to 1:500	-	Yes	Yes
151.	$100	-	1:1000	4.1	Yes	Yes
152.	-	-	-	4.6	Yes	Yes
153.	-	-	-	-	Yes	Yes
154.	$100	-	Up to 1:500	4.9	Yes	Yes
155.	$0	-	1:500	-	Yes	Yes
156.	$5	-	Up to 1:3000	4.3	Yes	Yes
157.	$1	-	1:500	4.4	Yes	Yes
158.	$200	-	1:2000	-	Yes	Yes
159.	-	-	-	-	No	No
160.	-	-	-	-	Yes	Yes