Review of 5 best Turkey’s Binary Options Broker

Review of 5 best Turkey’s Binary Options Broker

Binary options trading, known for its high-risk and high-reward nature, has surged in popularity in recent years. However, in Turkey, it’s deemed illegal. The Capital Markets Board of Turkey (CMB) asserts that binary options don’t qualify as a capital market activity, hence falling outside its regulatory purview.

Despite the ban by the CMB, some foreign binary options brokers continue to accept Turkish clients.

Content

I have explored the global market to identify the top offshore brokers willing to serve you and fellow Turkish traders. These brokers are either regulated by trusted financial authorities or have a track record of over two years providing quality services, alongside a wide range of trading features and benefits.

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 | Spain | France | Ukraine | China | Indonesia | Pakistan | Bangladesh | Russia | Mexico | Japan | Brazil | Philippines | Vietnam | Iran | South Africa | Italy | South Korea | Argentina

Top 5 Binary Options Brokers in Turkey

  1. Pocket Option — Best Overall Binary Options Broker in Turkey
  2. Quotex — Best Binary Options Broker for Extensive Resources
  3. IQ Option — Top-rated Binary Broker for Maximizing Payouts
  4. Olymp Trade — Optimal Binary Options Broker for Beginners
  5. ExpertOption — Ideal Options Broker for Social Trading
Available in Türkçe Turkish Lira (₺) Support Mobile App Available in Turkey Sign-up Bonus for Turkish Traders
Quotex ✅️ ❌️ ✅️ ✅️
IQ Option ✅️ ❌️ ✅️ ❌️
Olymp Trade ✅️ ❌️ ✅️ ❌️
Pocket Option ✅️ ❌️ ✅️ ✅️
ExpertOption ✅️ ❌️ ✅️ ❌️

Further reading

1. Pocket Option — Best Overall Binary Options Broker in Turkey

About

  • Founded: 2017
  • Headquarters: Majuro, Marshall Islands
  • License: Mwali International Services Authority (MISA)
  • Website Language: Turkish, English, Arabic, Russian

Pocket Option in Turkey

Founded in 2017, Pocket Option is an online trading platform based in Majuro, Marshall Islands, and operated by Gembell Limited. It’s regulated by the Mwali International Services Authority (MISA) in Comoros.

Operating offshore allows Pocket Option to offer Turkish traders diverse trading opportunities within a compliant legal framework. The platform provides an array of financial instruments and features to meet its users’ trading needs.

Sign-up and Verification

For Turkish traders, getting started with Pocket Option is straightforward. Simply create a free account using your email or sign in via Facebook or Google for added convenience. After registration, you can begin trading with a Demo Account, familiarizing yourself with the platform and practicing without risk. Account verification will be required subsequently.

Pocket Option in Turkey Sign-up and Verification

For initial verification on Pocket Option, enter your full name, email, phone number, and date of birth. Choose “Turkey” as your residence and prepare identity documents such as a government-issued ID and proof of address. Webcam verification is also needed, which can be completed using a smartphone or a PC/laptop with a webcam.

Payment

  • Currency Support: USD
  • Payment Methods: VISA, MasterCard, Cryptocurrencies, Bank Transfer, Perfect Money, Advcash, WebMoney, Payeer.
  • Minimum Deposit: $5 (≈ ₺145)
  • Minimum Withdrawal: $10 (≈ ₺290)
  • Bonus: – 50% of deposit

Pocket Option in Turkey Payment

Turkish traders can transact in USD on Pocket Option since it doesn’t accept the Turkish Lira. Payment methods include VISA, Mastercard, cryptocurrencies like Bitcoin and Ethereum, and eWallets. The minimum for deposits and withdrawals is approximately ₺145 and ₺290, respectively.

Traders can also benefit from an initial deposit bonus of up to 50%, enhancing their trading experience from the start.

Assets and Transactions

  • Available Assets: Forex, Indices, Commodities, Stocks, and Cryptocurrencies.
  • Maximum Payouts: 95%
  • Minimum Trade: $1 (≈ ₺29)
  • Maximum Leverage: 1:100

Pocket Option in Turkey Assets and Transactions

Pocket Option offers traders a wide array of assets, from currency pairs and major stock indices to commodities like gold and oil, shares of renowned companies, and cryptocurrencies. Traders can potentially achieve payouts of up to 95%, potentially doubling their investments quickly.

With a minimum trade of $1, the platform is suitable for traders at all levels. Additionally, Pocket Option provides leverage up to 1:100, allowing for larger position control while highlighting responsible risk management.

Trading Platform

  • Web Platform
  • Mobile Platform: Mobile app on Android and iOS devices

Pocket Option in Turkey Trading Platform

Pocket Option boasts a user-friendly web platform loaded with features, accessible from any internet-enabled device for added flexibility. Additionally, they offer a mobile app for iOS and Android, letting traders stay connected on-the-go.

The app integrates both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, ensuring easy access to technical analysis tools, trade execution, and portfolio management.

Further reading

2. Quotex — Best Binary Options Broker for Extensive Resources

About

  • Founded: 2019
  • Headquarters: Kingstown, St. Vincent and Grenadines
  • License: Financial Market Relations Regulation Center (IFMRRC)
  • Website Language: Turkish, English, Arabic, Russian

Quotex in Turkey

Quotex, a binary options broker, is headquartered in St. Vincent and the Grenadines, under the ownership of Awesomo Ltd. Established in 2019, it rapidly gained popularity and now boasts over 4 million traders on its platform.

Although Quotex extends its services to nearly 249 countries, including Turkey, it’s not regulated by the Capital Markets Board of Turkey (CMB). However, it is regulated by the IFMRRC. Traders appreciate Quotex for its user-friendly interface, competitive trading terms, and extensive educational resources.

Sign-up and Verification

Quotex in Turkey Sign-up and Verification

To sign up on Quotex and begin trading digital options, traders in Turkey should follow a quick, straightforward registration process. They’ll need to complete a form with their name, email, phone number, and a secure password for account access. Upon form submission, various funding options become available for their trading accounts.

Quotex in Turkey Verification

Verifying your identity on Quotex is a straightforward task. Initially, you may need to submit a scan of your passport’s photo page and a selfie for identification purposes. Additionally, verification of your registered address might be requested. Once all necessary digital documents are submitted, the verification process usually concludes within five business days.

Payment

  • Currency Support: EUR, GBP, USD
  • Payment Methods: Master Card, Cryptocurrencies, Perfect Money
  • Minimum Deposit: €10 (≈ ₺290)
  • Minimum Withdrawal: €10 (≈ ₺290)
  • Bonus: 50% of deposit

Quotex in Turkey Payment

Traders in Turkey can deposit and withdraw funds on Quotex using Euros, as the broker doesn’t support the Turkish Lira. Available payment methods include Mastercard, cryptocurrencies, and Perfect Money.

Traders can use popular cryptocurrencies like Bitcoin or Ethereum for transactions. The minimum amount for both deposits and withdrawals is €10, roughly ₺290. Additionally, traders have the chance to receive a bonus of up to 50% on their initial deposit, enriching their trading experience from the outset.

Assets and Transactions

  • Available Assets: Forex, Crypto, Commodities, and Stocks
  • Maximum Payouts: 98%
  • Minimum Trade: €1 (≈ ₺29)
  • Maximum Leverage: –

Quotex in Turkey Assets and Transactions

Quotex provides a broad array of trading products including a variety of forex pairs, enabling binary options trading on pairs like GBP/USD and EUR/USD. You can also trade in commodities, indices, and stocks.

Unlike other platforms, Quotex does not charge commission on trades. Instead, you have the opportunity to earn up to a 98% profit on your investment by accurately predicting whether the asset will close above or below the trade’s opening price. Trade expiries can be set anywhere from 5 seconds to 4 hours, providing flexibility to suit your trading strategy.

Trading Platform

  • Web Platform
  • Mobile Platform: Mobile app on Android devices

Quotex in Turkey Trading Platform

Quotex provides a user-friendly web-based trading platform, accessible directly through web browsers like Chrome, Safari, Opera, and Internet Explorer without any need for downloads. Upon login, users receive a demo account with €10,000 (≈ ₺290,000). For trading on-the-go, Quotex offers a mobile app available for Android devices.

Overall, both the web platform and mobile app offer a seamless trading experience, equipped with a variety of tools and features to cater to traders’ needs.

Further reading

3. IQ Option — Top-rated Binary Broker for Maximizing Payouts

About

  • Founded: 2013
  • Headquarters: Kingstown, St. Vincent and Grenadines
  • License: Cyprus Securities and Exchange Commission (CySEC)
  • Website Language: Turkish, English, Arabic, French

IQ Option in Turkey

Established in 2013, IQ Option is a binary options broker based in St. Vincent and Grenadines, regulated by the Cyprus Securities and Exchange Commission (CySEC). Known for its user-friendly interface and competitive pricing, it offers 24/7 customer support in multiple languages.

Although accessible, binary options trading through IQ Option is illegal in Turkey, leaving Turkish traders without legal protection. Despite this, IQ Option continually evolves to ensure speed, accuracy, and ease of use for its users.

Sign-up and Verification

IQ Option in Turkey Sign-up and Verification

To register as a Turkish trader, complete the necessary fields and tap “Open an Account for Free.” Enter your first and last names, choose your country of residence, and provide a valid email address.

Create a secure password and carefully review the “Terms of Agreement.” Once done, you can start trading with a $10,000 balance in your Demo Account, exploring the platform and practicing risk-free.

IQ Option in Turkey Sign-up and Verification

For full access to your genuine IQ Option account, verification is essential. Begin by verifying your email, as IQ Option will send a confirmation code to the address provided. The next step requires you to provide personal information. Enter these details with caution. Along with basic information like your residential address, you’ll also need to submit your Identification number.

Payment

  • Currency Support: EUR, GBP, USD
  • Payment Methods: Master Card, Visa, Cryptocurrencies, Perfect Money, Advcash
  • Minimum Deposit: €10 (≈ ₺290)
  • Minimum Withdrawal: €2 (≈ ₺58)
  • Bonus: –

IQ Option in Turkey Payment

Payment transactions can be conducted in EUR, GBP, or USD. Accepted payment methods include MasterCard, cryptocurrencies, and Perfect Money. It’s notable that Turkish Lira (TRY) is not an available currency option.

The minimum deposit is €10, roughly equivalent to ₺290, and the minimum withdrawal amount is €2, around ₺58. Currently, there is no specific information available regarding bonuses for Turkish traders.

Assets and Transactions

  • Available Assets: Forex, Stocks, Crypto, Commodities, and ETF
  • Maximum Payouts: 95%
  • Minimum Trade: €1 (≈ ₺29)
  • Maximum Leverage: 1:500

IQ Option in Turkey Assets and Transactions

IQ Option offers Turkish traders a broad range of tradable assets, facilitating market exploration and investment strategy diversification. The platform boasts a maximum payout of 95%, providing the opportunity for notable returns on successful trades.

With a minimum trade amount of €1, roughly ₺29, traders can start small and increase investments gradually. IQ Option also offers a maximum leverage of 1:500, allowing traders to amplify their positions. Expiry times vary from a brief 60 seconds to up to one calendar month, catering to different trading preferences.

Trading Platform

  • Web Platform 
  • Mobile Platform: Mobile app on Android and iOS devices

IQ Option in Turkey Trading Platform

The broker’s web platform is intuitively designed, offering Turkish traders a seamless trading experience. It boasts a variety of features like advanced charting tools, real-time market data, and multiple order types, accessible from any web browser.

Additionally, Turkish traders can utilize the broker’s mobile app, available for both Android and iOS devices, to stay connected to the markets and trade on the move.

Further reading

4. Olymp Trade — Optimal Binary Options Broker for Beginners

About

  • Founded: 2014
  • Headquarters: Port Vila, Republic of Vanuatu
  • License: Vanuatu Financial Services Commission (VFSC)
  • Website Language: Turkish, English, Arabic, Russian

Olymp Trade in Turkey

Since 2014, Olymp Trade has provided a safe and regulated online trading environment. Catering to over 89 million traders across more than 130 countries, it offers access to a diverse range of financial instruments.

The growing customer base on Olymp Trade is attributed to favorable trading conditions, modern service, and advanced software, indicating a continuing upward trend. Known for its intuitive interface and assortment of simple yet effective trading tools, Olymp Trade prioritizes high-quality service.

Sign-up and Verification

Olymp Trade in Turkey Sign-up

Signing up for Olymp Trade is simple and user-friendly. Upon accessing the platform, you’ll find a prominent “Registration” button. Just enter your name, email, and a secure password, with the assurance that your data is handled securely. After filling out the registration form, a verification email will be sent to you. Click the verification link in the email to confirm your account.

olymp trade verification

For a secure trading environment, Olymp Trade requires additional verification documents. This usually involves submitting a copy of an official identification document (like your Turkish passport or driver’s license) and proof of address (such as a utility bill or bank statement). After a swift verification, you’ll gain full access to the extensive trading options Olymp Trade offers.

Payment

  • Currency Support: USD
  • Payment Methods: Master Card, VISA, Advcash, Perfect Money, Neteller, Skrill, Binance Pay, Cryptocurrencies.
  • Minimum Deposit: $10 (≈ ₺290)
  • Minimum Withdrawal: $10 (≈ ₺290)
  • Bonus: –

Olymp Trade in Turkey Payment

Olymp Trade provides Turkish traders with a convenient and secure payment system, using USD as the main currency for transactions. They can choose from several payment methods, including bank cards, e-wallets, and cryptocurrencies.

With a minimum deposit and withdrawal amount of €10 (about ₺290), traders have the flexibility to start with a modest investment and access their funds easily when required.

Assets and Transactions

  • Available Assets: Stocks, Commodities, Currency pairs, Indices and Cryptocurrencies
  • Maximum Payouts: 92%
  • Minimum Trade: €1 (≈ ₺29)
  • Maximum Leverage: –

Olymp Trade in Turkey Assets and Transactions

Olymp Trade offers a broad array of assets, from stocks and commodities to currencies, indices, and cryptocurrencies, catering to diverse trading preferences. This variety promotes portfolio diversification and capitalizing on different market trends.

Additionally, with competitive payouts of up to 92%, traders can potentially achieve substantial returns. The platform’s low minimum trade amount, starting at just ₺29, ensures both experienced and beginner traders can access and adapt to the market with ease.

Trading Platform

  • Web Platform
  • Mobile Platform: Mobile app on Android and iOS devices

Olymp Trade in Turkey Trading Platform

Olymp Trade delivers a smooth trading experience via its web and mobile platforms. The web interface is user-friendly, equipped with numerous tools and indicators for informed decision-making. Turkish traders can access real-time market data, oversee positions, and trade with ease.

Available for both iOS and Android, the mobile platform lets traders engage in markets on the move, ensuring they stay connected to opportunities. Both platforms combine to offer traders convenient and adaptable access to financial markets.

Further reading

5. ExpertOption — Ideal Options Broker for Social Trading

About

  • Founded: 2014
  • Headquarters: Port Vila, Vanuatu
  • License: Vanuatu Financial Services Commission (VFSC)
  • Website Language: Turkish, English, Arabic, Russian

ExpertOption in Turkey

Founded in 2014 and based in Port Vila, Vanuatu, ExpertOption is a binary options broker regulated by the Vanuatu Financial Services Commission (VFSC). With a goal to make financial markets more accessible, it offers innovative tools and a user-friendly interface.

With over 70 million users, ExpertOption also promotes social trading, letting users connect and learn collaboratively. However, while available in Turkey, it isn’t supervised by the Capital Markets Board of Turkey (CMB).

Sign-up and Verification

ExpertOption in Turkey Sign-up and Verification

To register on ExpertOption, visit their website and click on “Open an Account.” Enter your email, password, full name, phone number, and choose your preferred account currency. Ensure you read and accept the Terms and Risk Statement. You can also sign up using your Facebook, Google, or Apple ID for convenience.

For full account activation on ExpertOption, you’ll need to complete the verification process. This means uploading a government-issued ID like a passport or driver’s license. Plus, a recent utility bill or bank statement is needed to confirm your address. Go to your account settings and click the “Verification” tab to submit the required documents.

Payment

  • Currency Support: USD
  • Payment Methods: Maestro, MasterCard, Cryptocurrencies, Bank Transfer, Perfect Money, Neteller.
  • Minimum Deposit: $10 (≈ ₺290)
  • Minimum Withdrawal: $10 (≈ ₺290)
  • Bonus: –

ExpertOption in Turkey Payment

ExpertOption supports USD for transactions and offers multiple payment methods for Turkish binary traders. The minimum deposit is $10, roughly ₺290 in Turkish Lira, enabling traders to begin with a modest investment.

Withdrawals also start at $10, giving traders withdrawal flexibility. While specific bonus details aren’t provided, ExpertOption might have bonus programs, further benefiting traders’ activities.

Assets and Transactions

  • Available Assets: Forex, Indices, Commodities, Stocks, and Cryptocurrencies.
  • Maximum Payouts: 95%
  • Minimum Trade: $1 (≈ ₺29)
  • Maximum Leverage: 1:500

ExpertOption in Turkey Assets and Transactions

ExpertOption offers a variety of assets, including stocks from major NASDAQ-listed companies and indices from markets like US Wall Street, Hong Kong, and Germany. With a potential maximum payout of 95%, Turkish trades can bring notable returns.

The platform’s minimum trade amount is $1, roughly ₺29 in Turkish Lira, letting traders begin with minimal investments and scale up. ExpertOption provides leverage up to 1:500, amplifying trading positions and potential profits, but it’s crucial to remember that increased leverage also heightens risk.

Trading Platform

  • Web Platform
  • Mobile Platform: Mobile app on Android and iOS devices

ExpertOption in Turkey Trading Platform

ExpertOption provides a user-friendly trading platform suitable for all traders. Whether accessed via a web browser or the dedicated mobile app for Android and iOS, it ensures a seamless and secure trading experience.

The platform safeguards Turkish traders’ funds and personal data and offers a vast array of assets, robust analytical tools, and easy switching between demo and real accounts.

Further reading

Conclusion

Binary options trading is prohibited in Turkey by the Capital Markets Board (CMB). Yet, certain offshore brokers still cater to Turkish clients. For informed decisions in Turkey’s binary options scene, our expert reviews and rankings are invaluable.

Top brokers have been expertly assessed on aspects like reputation, platform usability, asset range, and available bonuses. With this review, you can confidently select a broker matching your trading needs. Whether you’re seeking a user-friendly platform, diverse assets, or attractive bonuses, these expert insights guide traders in Turkey’s binary options market.

To enhance your decision-making, we have curated two additional resources to assist you in making an informed choice conveniently.

1. Top Binary Options Brokers Reviewed:

Explore our extensive table that provides an in-depth analysis of 118 brokers. Whether your focus is on regulatory security or diverse trading platforms, this table offers a comprehensive overview.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

      Pros
      • The broker offers products for passive investments, such as copy trading services and PAMM accounts
      • The broker has unconventional technical solutions like Stock Basket, OYS accounts, InstaSpot (P2P spot trading), etc.
      Cons
      • Restrictions create difficult circumstances for European retail traders
      • Up to 15 seconds, a lag may occur between a deal completed by a trader and the trade replicated to the investor's account on the social trading platform.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      BVI FSC, CySEC
      Min. deposit
      $1
      Bonus
      Welcome bonuses, No Deposit Bonus, Club Bonus, 55% Bonus, 30% Bonus, 100% Bonus
    • EOption
      EOption
      3.2/5
      Read review Start trading

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

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

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

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

      Pros
      • The ability to invest in a fixed yield account for trust management
      • Prompt money withdrawal
      • A demo account is available.
      Cons
      • The broker is not regulated./li>
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      Not specified
      Regulator
      Not regulated by any major authority
      Min. deposit
      $250
      Bonus
      Up to 100% deposit bonus
    • Grand Capital
      Grand Capital
      2.8/5
      Read review Start trading

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

      Pros
      • Direct access to Currenex guarantees rapid order execution in ECN accounts and comparatively low spreads. It facilitates passive investment. The Financial Commission regulates the broker.
      Cons
      • Stock binary options are not available
      • Uncontrolled brand
      • Fees incurred with withdrawals.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      0.01 Lot
      Regulator
      FinaCom PLC
      Min. deposit
      $10
      Bonus
      Deposit Bonus, No Deposit Bonus, Contests
    • Intrade.Bar
      Intrade.Bar
      2.6/5
      Read review Start trading

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

      Pros
      • They offer a risk management function, which is the ability to set acceptable values of loss and profit
      • They have a low minimum deposit.
      Cons
      • Their website lacks learning material.
      Crypto Coins
      Yes
      Demo account
      Yes
      Min. Trade
      1 USD
      Regulator
      -
      Min. deposit
      10 USD
      Bonus
      100% Deposit Bonus
    • GC Option
      GC Option
      2.5/5
      Read review Start trading

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    2. Binary Options Brokers Compared:

    We also provide a second table that compares 120 brokers for those who are interested in the financial characteristics of their potential broker. If you are looking for certain trading conditions or have certain budgeting concerns, this resource may be quite helpful.

    BrokerMin. DepositMin. OrderLeverageRatingMargin TradingGuaranteed Stop Loss
    1.Pocket Option
    $5$1Up to 1:100-NoNo
    2.IQ Option
    $10$1Up to 1:1000 for forex, varies for other instruments4YesNo
    3.Alpari
    100 USD0.01 Lotup to 1:10003.7NoNo
    4.10 TradeFX
    $1000.01 LotUp to 1:500-YesNo
    5.Quotex
    $10$1Up to 1:500-YesNo
    6.Raceoption
    $25$1N/A2.3NoNo
    7.City Index
    $1000.01 lotsUp to 1:30 for retail clients, 1:300 for professional clients-YesYes
    8.Binarium
    $5Not specifiedUp to 1:10004NoNo
    9.binary.com
    5 USD0.5 USDUp to 1:10004.4YesNo
    10.Expert Option
    $10$1Up to 1:5004.1YesNo
    11.Binomo
    $10$1Up to 1:10004.2YesNo
    12.OLYMP TRADE
    $10$1Up to 1:400-YesNo
    13.ETORO
    $200Varies by assetUp to 1:30 for retail clients, higher for professional clients4.2YesNo
    14.OptionRobot
    Not availableNot availableNot available2.5NoNo
    15.365 trading
    $1000.01 LotUp to 1:30 for retail clients, 1:500 for professional clients1.6YesNo
    16.FINRALLY
    $250Not specifiedUp to 1:10002.8YesNo
    17.JustForex
    $10.01 Lotup to 1:3000-YesNo
    18.AvaTrade
    $1000.01 LotsUp to 1:4004.7YesNo
    19.Binarycent
    $2500.1 lotup to 1:1001.5YesNo
    20.Orbex
    $2000.01 lotsUp to 1:5004YesNo
    21.Dukascopy
    100 USD0.01 lotsup to 1:2003.4YesNo
    22.BDSwiss
    $1000.01 lotsup to 1:5001.5YesNo
    23.Plus500
    $1000.01 LotUp to 1:3004.1YesNo
    24.Forex Club
    $2000.01 lotUp to 1:5003.8YesNo
    25.Insta Forex
    $10.01 LotUp to 1:10003.2YesNo
    26.Xm.com
    $50.01 lotsup to 1:8883.8YesNo
    27.Freshforex
    $2000.01 lotsup to 1:2000-YesNo
    28.Libertex
    100 USD0.01 of the lotup to 1:30 for retail clients, up to 1:600 for professional clients3.9YesNo
    29.Teletrade
    100 USD0.01 LotUp to 1:5001.8YesNo
    30.BinBotPro
    250 USD1 USD1:502.4NoNo
    31.Nadex
    $250$11:11.7NoNo
    32.Forex4You
    $10.01 LotUp to 1:10003.8YesNo
    33.SPECTRE.AI
    $10$1None3.8NoNo
    34.Hirose
    $200.01 lotsup to 1:3003.3YesNo
    35.IG.com
    $2500.01 lotsUp to 1:30 for retail clients, 1:200 for professional clients3.9YesYes
    36.Grand Capital
    $100.01 Lotup to 1:10002.8YesNo
    37.FxPro
    $1000.01 lotsUp to 1:5004.4YesNo
    38.Markets.com
    $1000.01 LotUp to 1:3004.1NoNo
    39.FXTM
    $100.01 lotsUp to 1:20003.8YesNo
    40.FXCM
    $500.01 lotsUp to 1:400-YesNo
    41.Trade.com
    $1000.01 LotUp to 1:3003.4YesNo
    42.Tickmill
    100 USD0.01 LotUp to 1:5004.2YesNo
    43.XTB
    -0.01 LotUp to 1:5004YesNo
    44.ForTrade
    $1000.01 LotUp to 1:30 for retail clients, up to 1:200 for professional clients2.1YesNo
    45.RoboForex
    10 USD0.01 Lotup to 1:20002.5YesNo
    46.World Forex
    $10.01 Lotup to 1:10003YesNo
    47.HYCM
    $1000.01 lotsup to 1:5003.8YesNo
    48.Forex.com
    $500.01 lotsUp to 1:2004.7YesNo
    49.OANDA
    $00.01 micro lotsUp to 1:50 for US clients, varies for other regions3.4YesNo
    50.Spread EX
    N/AN/AN/A4.4NoNo
    51.Ayondo
    100 EUR/USD/GBP0.01 lotsUp to 1:2003.6YesNo
    52.ZuluTrade
    100 USDN/AUp to 1:1000 (Varies by broker and regulation)3.6YesNo
    53.EOption
    $500Not specifiedUp to 6:1 for day trades, 2:1 for overnight positions3.2YesNo
    54.CMC Markets
    0 GBP0.01 lotsUp to 30:1 for retail clients, up to 500:1 for professional clients4YesYes
    55.TradeStation
    $500Varies by assetUp to 1:50 for stocks, varies for other instruments4.5YesNo
    56.IC Markets
    $2000.01 lotsUp to 1:5004.8YesNo
    57.GKFX
    Variable depending on account type and region0.01 lotsUp to 1:10003.2YesNo
    58.Admiral Markets
    $2000.01 lotsUp to 1:30 for retail clients, up to 1:500 for professional clients3.9YesNo
    59.Easy Markets
    $1000.01 lotUp to 1:4004.3YesYes
    60.ThinkMarkets
    $0 for Standard Account, $500 for ThinkZero Account0.01 lotsUp to 1:500 for Forex4.3YesNo
    61.London Capital Group
    100 GBP0.01 lotsUp to 1:30 for retail clients, up to 1:300 for professional clients1.9YesNo
    62.Ally Invest
    $0Not specifiedNot applicable for U.S. based investment brokers1.2YesNo
    63.TD Ameritrade
    $0N/AUp to 1:50 for Forex (for professional clients)1.2YesNo
    64.Interactive brokers
    $0 for IBKR Lite, $100 for IBKR ProNo minimum order sizeUp to 1:50 for stocks, varies for other instruments3YesNo
    65.OCTAFX
    $500.01 LotUp to 1:5004.3NoNo
    66.AAATrade
    $5000.01 lotsup to 1:30 for retail clients, up to 1:200 for professional clients3.1YesNo
    67.IronFx
    $1000.01 Lotup to 1:10003.3YesNo
    68.Umarkets
    $5000.01 lotsUp to 1:4001.3YesNo
    69.NordFX
    $100.01 Lotup to 1:10004.4YesNo
    70.E*Trade
    $0Not specifiedUp to 1:50 for stocks1.1YesNo
    71.E-Trade
    $500Not specifiedUp to 1:50 for stocks1.1YesNo
    72.SimpleFX
    No minimum deposit0.01 lotsUp to 1:5002.6YesNo
    73.NPBFX
    $100.01 Lotup to 1:10003.5YesNo
    74.Exness
    $10.01 Micro LotUp to 1:20004.6YesNo
    75.AlfaForex
    $2000.01 Lotup to 1:1003.5YesNo
    76.Intrade.Bar
    10 USD1 USD1:1002.6NoNo
    77.xDirect
    1000.01Up to 1:200-YesYes
    78.Mercatox
    ---1.5NoNo
    79.Saxo bank
    $2,000Varies by asset classUp to 1:30 for retail clients, higher for professional clients3.7YesNo
    80.Darwinex
    500 EUR0.01 lotsup to 1:2003.4YesNo
    81.Fibo Group
    $500.01 LotUp to 1:10002.3YesNo
    82.Swissquote
    1000 CHF or equivalentNot specifiedUp to 1:100 for Forex3.4YesNo
    83.CXMARKETS
    100 USD/EUR/GBP0.01 lotUp to 1:800 (varies by instrument and regulatory requirements)-YesYes
    84.CLM Forex
    $1000.01 lotsup to 1:5003.7YesNo
    85.Vantage FX
    $2000.01 LotUp to 500:13.5YesNo
    86.Weltrade
    $250.01 Lotup to 1:1000-YesNo
    87.Close Option
    $1000.01 lotsUp to 1:5003.4NoNo
    88.SuperForex
    $10.01 Lotup to 1:10001.9YesNo
    89.RingoTrade
    10 OPEX (Kyrgyzstani Som)-Up to 1:3000 (unverified, reported on forums)-YesNo
    90.LiteForex
    $500.01 lotup to 1:500-YesNo
    91.EXANTE
    10,000 USDNot specifiedUp to 1:502.5YesNo
    92.Gerchik & Co
    $5000.01 lotup to 1:1002.9YesNo
    93.MaxiMarkets
    $5000.01 Lotup to 1:2001.8YesNo
    94.ROBINHOOD
    $01 share or $1 for fractional sharesN/A-NoNo
    95.FISHER INVESTMENTS
    N/AN/AN/A-NoNo
    96.WEBULL
    $0Not specifiedUp to 1:4 for stocks-YesNo
    97.WEALTHFRONT
    $500N/AN/A-NoNo
    98.Bitbns
    Not specifiedNot specifiedNot applicable-YesNo
    99.Angel Broking
    INR 0Not specifiedUp to 6x for equity intraday, varies for other segments-YesNo
    100.M1 FINANCE
    $100$1Not applicable-NoNo
    101.Digifinex
    $0.10Varies by assetUp to 1:3 for cryptocurrencies-YesNo
    102.ROOFSTOCK
    $5,0001 propertyN/A-NoNo
    103. Revolut
    В зависимости от страны и типа учетной записиN/AN/A-NoNo
    104.Pionex
    No minimum deposit requirementVaries depending on the cryptocurrencyUp to 3x for some trading pairs-YesNo
    105.Phemex
    $0Varies by assetUp to 100x for cryptocurrencies-YesNo
    106.Vanguard
    $01 share or $1 for ETFs and mutual fundsNot typically offered-NoNo
    107.Uphold
    $0Varies by assetNone-NoNo
    108.Merrill Edge
    $0Not specifiedNot generally offered-NoNo
    109.Fidelity
    $0N/AN/A-YesNo
    110.BitMart
    No official minimum depositVaries by assetUp to 1:100 for certain instruments3.2YesNo
    111.AxiTrader
    ----YesYes
    112.Moomoo
    1$---YesYes
    113.NinjaTrader
    ---3.9YesYes
    114.Trading.com
    $5-1:304.1YesYes
    115.IQCent
    $10-1:5001.5YesYes
    116.EagleFX
    10$-1:500-YesYes
    117.Forex Chief
    ---2.8YesYes
    118.Bitrue Crypto Exchange
    $1---YesYes
    119.FXCC
    --1:500-YesYes
    120.Eightcap
    100$---YesYes
    121.DAXrobot
    250$-Up to 1:500-YesYes
    122.Coinexx
    $0.0012---YesYes
    123.LiquidityX
    $250-Maximum leverage of 1:4002.3YesYes
    124.InvestMarkets
    $250-Max leverage 1:5001.3YesYes
    125.TradeZero
    $500-1:64.6YesYes
    126.LexaTrade
    --Starts at 1:202.1YesYes
    127.IFC Markets
    1$-1:4003.6YesYes
    128.NSBroker
    ----YesYes
    129.E8 Funding
    138$-1:1004.3YesYes
    130.GC Option
    10$-Not applicable for GC Option, max 1:500 on Grand Capital2.5YesYes
    131.AMarkets
    --1:30004.8YesYes
    132.HankoTrade
    $10-1:5004.7YesYes
    133.CloseOption
    5$--3.4YesYes
    134.Fusion Markets
    --1:5004.7YesYes
    135.Pepperstone
    200$-Up to 1:5004.4YesYes
    136.Charles Schwab
    $0Not specifiedUp to 1:50 for Forex1.5YesNo
    137.Capital.com
    $20--4.5YesYes
    138.ATFX
    $500---YesYes
    139.Degiro
    ---4YesYes
    140.Naga
    250$-1:304.3YesYes
    141.iForex
    $100--4YesYes
    142.Global Prime
    --1:5004.6YesYes
    143.Tastyworks
    1$---YesYes
    144.LQDFX
    20$---YesYes
    145.ASPIRATION BANK
    ----YesYes
    146.HFM
    0$-Up to 1:2000-YesYes
    147.CMTrading
    100$---YesYes
    148.CAPITAL ONE
    ----YesYes
    149.LMFX
    $5---YesYes
    150.USG Forex
    --up to 1:500-YesYes
    151.TMGM
    $100-1:10004.2YesYes
    152.Trading 212
    ---4.6YesYes
    153.Wealthsimple
    ----YesYes
    154.FP Markets
    $100-Up to 1:500 4.9YesYes
    155.BlackBull Markets
    $0-1:500-YesYes
    156.FBS
    $5-Up to 1:30004.3YesYes
    157.Trade Nation
    $1-1:5004.4YesYes
    158.EXCLUSIVE MARKETS
    $200 -1:2000 -YesYes
    159.IQmining
    ----NoNo
    160.EXMO
    ----YesYes

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