5 Best Binary Options in Iran in 2024

5 Best Binary Options in Iran in 2024

In this article, you will learn of the 5 best brokers that offer binary options to traders in Iran. Notably, these binary options platforms are the only brokers allowed to operate in Iran.

Content

Given Iran’s recent economic downturn, having multiple income streams and a diversified investment portfolio is necessar2y and reasonable. Binary Options trading is one of the legal options available for most Iranians, particularly because of its low barrier to entry.

Consequently, Traders in Iran can take advantage of available brokers to diversify their investment portfolios, grow and make more money, and keep their heads above the water.

The Binary options brokers in Iran:

  1. Binomo — All-in-one Binary Options Broker for Iranians
  2. IQ Option— Simplified Trading Platform For Iranian Users
  3. Quotex — the best binary broker in Iran overall, with the highest positive ratings and reviews.
  4. Pocket Options — The best Binary Options Broker that incentivizes traders.
  5. Binarium — The most beginner-friendly binary options broker.

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

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

Top 5 Binary Options Trading in Iran

Binary Options trading has become increasingly popular in present-day Iran because of its low barrier of entry and the potential of making quick, huge, legit profits, coupled with the economic situation in present-day Iran.

Unlike the Philippines, Forex trading is legal but fully supervised in the Islamic Republic of Iran. However, using unlicensed brokers is illegal, according to the Central Bank of Iran. Binary options trading is legal and acceptable, provided Iranians use the accepted trading platforms. Below is a table of the best three binary options brokers for Iranian traders.

Available in Persian (Farsi)  Available in English  Iranian Rial Mobile App

Available In Persian

Binomo ✅️ ✅️
IQ Option ✅️ ✅️
Quotex ✅️ ✅️
Pocket option ✅️ ❌️ ✅️
Binarium ❌️ ✅️ ❌️ ✅️

Please note: Trading in binary options is risky. Individuals are advised to exercise caution and conduct thorough research before engaging in financial transactions on any trading platform.

Further reading

Binomo: All-in-one Binary Options Broker for Iranians

Overall Rating  4.8/5
Payout  Up to 90%
Minimum Deposit $10
Minimum Trade Amount  $1
Maximum Trade Amount $10,000
Payment Methods  Credit Card, Wire Transfer, Skrill, Neteller, Cryptocurrencies
Lot Size 0.01
Assets Forex, Commodities, Stocks, Cryptocurrencies
Local Supported Currencies  USD, EUR and various national currencies.
Customer Support Service  Email, Live Chat
Regulation the International Financial Commission (IFC)

This is one of the widely adopted British options brokers in Iran, mainly for the flexibility and accessibility it provides for users. Since it was founded in 2014 by a group, Dolphin Corp, Binomo has expanded into 133 countries across the globe and offers binary trading instruments without restriction.

So far, Binomo is regulated by the International Financial Commission (IFC) and has received notable awards from IAIR Awards and FE Awards; it’s known as a “category A broker,” which reflects how secure it is even for Iranian binary options traders.

Sign-up and verification

Registration on Binomo is without issues and comes as simple as possible. All you’re required to provide is an email address, password, and local currency you choose to trade in. Conversely, you can decide to register with your Facebook or Google account.

To verify your account, you’ll need to confirm your email address and provide your Iranian phone number and other personal data, including first name, last name, and date of birth. Once completed, your account is verified, and you can proceed to use the services of Binomo. Also, you’ll require verification before completing the withdrawal on Binomo.

Trading Platform

Binomo has a suite of features that makes it a precious platform for Iranian Binary Options traders. Some of the features you’ll find on Binomo include multiple trading instruments, different chart types, indicators, and timeframes.

The demo trading platform on Binomo provides a virtual $10,000 to learn how the market works before trading live on real money. Overall, I’ll recommend the binomo trading platform for its ease of use and how it functions to meet users’ needs.

Trading Features

What should you expect from Binomo? Here are some features to look out for:

  • Technical indicator.
  • Tournaments — to get involved in trading competitions.
  • Bonuses — special discounts and offers failed to Iranian traders.
  • Trades — to monitor live trades, open trades, among other trading features.
  • Calendar — to monitor upcoming market events.
  • Social trading.

Binomo in Vietnam Trading Features

Mobile App

Android: Available ✅️

iOS: Available ✅️

Binonmo is available for traders regardless of their preference. You can use the trading application on Android and iOS mobile devices. You can also access Binomo via the web application for your Windows and even MacBook. This provides Iranian traders with a broad range when trading and dealing with binary options and using the app.

Binomo in Vietnam Mobile App

Assets And Instruments

Asset Type Instrument
Cryptocurrencies Bitcoin, Cardano, Altcoin IDX, Bitcoin Cash, and Litecoin
Forex Pairs EUR/USD, EUR/CAD, USD/JPY, AUD/CAD, GBP/JPY, GBP/USD, EUR/JPY, USD/NOK, USD/DKK, GBP/CHF, USD/HKD, EUR/CHF, EUR/AUD and 20 more
Commodities Gold, Silver, and Oil
Stocks Apple, Alibaba, Netflix, Meta, Tesla, Citi Group, Microsoft, McDonald’s, AIG, PayPal, Boeing, JD, AEX, CAC, IBM, Coca Cola, Twitter, Nvidia, Yum Brands, Intel, Starbucks, Visa, Qualcomm, Weibo, JPMorgan C, and Ferrari

Further reading

IQ Options: Simplified Trading Platform For Iranian Users

IQ Options in Vietnam

Overall Rating 4.6/5
Payout Up to 95%
Minimum Deposit $10 (239,220 VND)
Maximum Deposit $3000(73,117,500 VND)
Payment Methods Credit/Debit Cards, e-wallets
Lot Size 0.01
Assets Over 500 assets including forex, stocks, ETF, options, commodities, cryptocurrencies etc
Supported Currencies Over 20 currencies including USD, EUR, GBP, RUB, JPY, AUD, CAD
Customer Support Service Via email, live chat and phone
Regulation Cyprus Securities and Exchange Commission (CySEC) and Financial Services Authority of Seychelles (FSA).

Founded in 2013, IQ Options has maintained its reputation as one of the renowned binary options brokers for Iranian traders. The benefit of using IQ Options for binary trading includes the safety net that compensates you with up to $20,000 in case things go south;

in addition, IQ Options is regulated by the Cyprus Security and Exchange Commission CySEC. This makes it a very suitable binary options broker, especially for Iranian traders who enjoy simplicity. Overall, the platform is very organized.

Sign Up and Verification

The signing-up process and registration to the binary broker are less complicated, and all the indications point to that. You provide your email and password and agree to the terms and conditions. Otherwise, you can sign up with a personal Google account or a Facebook account — either way, you’re directed to log into each of these accounts to prove your ownership.

IQ Options in Vietnam Sign Up

The verification process is easy as well, and it starts with verifying your email address and then on to provide personal details, including your name and government ID Card. You can add two-factor authentication and modify your account to suit your taste.

IQ Options in Vietnam Verification

Trading Platform

Of all, IQ Options has a very smooth and perfectly designed trading platform that makes it a perfect fit for traders interested in binary options trading. This is very easy to use and analyze the market without complications. There are several technical analysis tools, including oscillators, different candle sticks, and time frames.

You’ll also benefit from the demo trading option that allows you to practice your skills in real-world use. Overall, IQ Options displays how having a perfectly designed trading interface can improve a trader’s overall profitability.

Trading Features

You’ll have a variety of features available on IQ Options for, most of which are available on other binary options trading apps. What do you get from IQ Options?

  • Deposit — which includes several methods.
  • Withdrawals — also includes multiple methods.
  • Trading alert — receive notifications about a trades progress on the chart.
  • Demo trading
  • Technical indicators — moving average, Bollinger band, alligator, RSI, MACD, Parabolic SAR, awesome oscillator, etc.
  • In app customer support
  • In app trading community.

IQ Options in Vietnam Trading Features

IQ Options in Vietnam Trading Features

Mobile App

Android: Available ✅️

iOS: Available ✅️

Iranian binary options traders can access the mobile app from Android and iOS devices. This flexibility ensures you can access your trading account despite switching mobile devices. In addition to these, you can access your trading account on other devices, including a laptop and desktop, without restriction.

IQ Options in Vietnam Mobile App

Assets And Instruments

Asset Type Instrument
Cryptocurrencies Bitcoin (BTC), Dogecoin (DOGE), BNB, Polygon (MATIC), Quant (QNT), Ripple (XRP), Solana (SOL), ETC/USDT. All the listed currencies can also be traded over-the-counter (OTC).
Forex Pairs EUR/USD, EUR/CAD, USD/JPY, AUD/CAD, GBP/JPY, GBP/USD, EUR/JPY, USD/NOK, USD/DKK, GBP/CHF, USD/HKD, EUR/CHF, EUR/AUD and 20 more
Commodities Brent Oil, Gold, and Crude Oil
Stocks Apple, Alibaba, Netflix, Meta, Tesla, Citi Group, Microsoft, McDonald’s, AIG, PayPal, IBM, Coca-Cola, Twitter, Nvidia, Snap Inc., Intel, Starbucks, Visa, Qualcomm, Costco, JPMorgan C, American Airlines, and 170 others.
ETFs S&P 500 ETF, Ishares Russell 2000 ETF, Dow Jones Industrial Average ETF, and 20 others.

Further reading

Quotex— Overall Best Binary Broker in Iran

Quotex in Iran

Overall Rating  4.9/5
Payout  Up to 98%
Minimum Deposit $10
Maximum Deposit  _
Payment Methods  ADVcash, Bitcoin Payments, Credit Card, Doku Wallet, Ethereum Payments, Maestro, Mastercard, Perfect Money, Visa, and Wire Transfer.
Lot Size 0.01
Assets  Forex, Stocks, Cryptocurrencies, Gold, Oil and Silver.
Supported Currencies  BRL, EUR, GBP, IDR, INR, MYR, RUB, THB, UAH, USD and VND.
Customer Support Service  Via complaint form and Via profile(for existing customers)
Regulation International Financial Commission (IFC)

Founded in 2019, Quotex is a top choice for beginners and professional traders looking to trade a wide array of assets. Regulated by the International Financial Commission (IFC), it is equipped with industry-leading features like an inbuilt trading signal that is 87% accurate, a trading indicator, and an intuitive interface, making it a popular choice for Iranians and traders globally.

Sign-up and Verification Process

Creating a new Quotex account in Iran is simple. You are to choose from the three methods provided for signing up. You can sign up using your email and password, or using your Google account, or using your Facebook account.

To sign up, Visit the Quotex website and enter your email. Create and enter a strong password. Next, choose a currency preference and confirm that you are 18 years of age and above and accept the terms and conditions of service.

It is recommended to go through the terms and conditions of service before accepting. It will help you fully grasp what you are signing up for. You will know what to expect from Quotex and how they handle your data.

If satisfied, you can confirm acceptance by ticking ✔️ the acceptance button. If you are not, you can search for alternative binary options brokers. If you decide to go for an alternative, kindly bear in mind that your options are limited as only three Binary options brokers are allowed to operate in Iran.

If you do not want to register using your email and a password, you should use your Google or Facebook account by tapping the Facebook or Google symbol. After registration, a verification link or code will be sent to your email.

Quotex in Iran Sign-up and Verification Process

Next, complete the verification by uploading the required documents for identification (e.g., passport, driver’s license, national ID) and proof of residence (e.g., recent utility bill or bank statement). Once the documents are uploaded, hit the “Submit” button. Then, wait. The Quotex team will review them within a few business days for compliance and accuracy.

Trading Platform

Quotex is a top-rated regulated Binary options broker in Iran. It is safe, secure, and easy to use, with many deposit and withdrawal options. Also, it has an opportunity for Islamic trading and adheres to the rules of trading laid down by Islam.

Besides, it offers a wide array of assets as well as a demo account of $10,000 that allows users to practice and learn the ropes before trading. With the demo account, you can study the market and the positions before investing in actual trading, reducing the risk of losing your investment.

In addition, Traders are given an additional bonus on the initial set of deposits they make to the account. Think of it as a welcome bonus to traders.

Further, traders can use advanced analytical tools and signals that make their trading journey smooth.

Trading Features

There are several features to look out from when deciding to trade Quotex, this includes:

  • Demo trading
  • Trading indicators
  • Integrated signals
  • Interactive trading interface with chart management, time frame control, etc.
  • Deposit and withdrawal option.

Quotex in Iran Trading Features

Quotex in Iran Trading Features

Mobile App

  • Android: Available ✅️
  • iOS: Unavailable

Quotex offers Iranian traders a mobile platform for Andriod users. With the mobile app, traders can access their account, and the market conveniently.

Quotex in Iran Mobile App

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

Further reading

Pocket Option – Best Binary Options Broker With incentives for traders

Pocket Option in Iran

Overall Rating  3.9/5
Payout  Up to 92%
Minimum Deposit $5
Maximum Deposit 
Payment Methods  ADVcash, Bitcoin Payments , Cashu, Credit Card, Debit Card, Doku Wallet, Ethereum Payments, FasaPay, GlobePay, JCB Card

Maestro, Mastercard

Neteller, PayRedeem, Perfect Money, QIWI Skill, Sofort Visa, WebMoney, Western Union, Wire Transfer and Yandex Money

Lot Size 0.01
Assets  Commodities, Crypto, Forex, Gold, Oil, Silver, Stocks.
Supported Currencies  USD
Customer Support Service  Support Desk, Hotline, and Community Help
Regulation International Financial Market Relations Regulation Center (IFMRRC)

Established in 2017, managed by Gembell Limited from the Marshall Islands, and regulated by the International Financial Market Relations Regulation Center (IFMRRC), Pocket Options is one of the best binary options brokers with the most convenient interface for traders.

It is a unique CFD and Forex trading platform as it allows binary options trading. This feature is uncommon among other CFD and Forex trading platforms. CFD and Forex Trading platforms hardly provide Binary trading Options.

In pocket options, traders are solely sure that their funds and personal details are safe and secure. Aside from that, Pocket Options has an opportunity for Islamic trading and adheres to the trading conditions stipulated by Islam, endearing it to the Muslims.

Sign-up and Verification Process

Opening an account with Pocket Option is easy for Iranian traders. You can open a free account using your email or with your Facebook or Google account. You have the liberty to choose from these methods depending on the one that you find most convenient.

Pocket Option in Iran

To start the process, visit the website. At the top right corner of the website, you will see a “Register” and a “Login” button. Click the Register button. Follow the prompt and provide the required details accordingly. Then, tick ✔️ the agreement button. Further, confirm you are human and then click on the sign-up button.

Consider signing up with your Facebook or Google account if this process is long. Follow the prompts and complete the account creation process.

Then, proceed to complete your verification process. Provide your full name, email, phone number, and date of birth. Make sure your identity documents, like government-issued ID and proof of address, are ready. Then, Select “Iran” as your country of residence. A Webcam verification is required. This can be done via smartphone or a PC/laptop with a webcam.

The verification takes between 1 hour and 1-3 business days, depending on the information you provided and the quality of the documents you uploaded.

Trading Platform

A regulated, user-friendly platform with clear-cut trading features is crucial for Iranian traders. Pocket Option is a regulated broker that has a convenient interface offering over a hundred digital assets. The withdrawal and deposit methods are hassle-free.

It is beginner-friendly as it provides educational resources and guides that would be helpful to beginners. For advanced traders, it is very helpful to their successful trading journey as it enables automated trading and grants access to advanced technical tools due to MetaTrader 5 integration.

Additionally, Pocket Option provides incentives like trading bonuses, tournaments, promo codes, and gifts to every trader.

Trading Features

Pocket option is one of the leading binary option trading applications globally with several features tailored to meet a user’s needs. This includes:

  • Demo trading
  • Real account trading
  • Technical indicator
  • User training and education
  • Deposit and withdraw
  • Trading signals
  • Social trading
  • Tournament
  • Express trading

Pocket Option in Iran Trading Features

Pocket Option in Iran Trading Features

Mobile app

  • Android: Available ✅️
  • iOS: Available ✅️

Pocket Option offers a mobile app for iOS and Android, allowing Iranian traders to stay connected anytime, anywhere. The app includes the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Through these, traders can easily access technical analysis tools, execute trades, and manage portfolios.

Pocket Option in Iran Mobile app

Assets And Instruments

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

Further reading

Binarium — The most beginner-friendly Binary options Broker in Iran

The most beginner-friendly Binary options Broker in Iran

Overall Rating  3.5/5
Payout  Lower than 98%
Minimum Deposit $5
Maximum Deposit  _
Payment Methods  Bitcoin Payments, Credit Card, Debit Card, Mastercard, Neteller, QIWI, Visa Web, Money, Wire Transfer and Yandex Money
Lot Size 0.01
Assets  Forex, Stocks, and Cryptocurrencies
Supported Currencies  AUD,EUR, RUB, USD.
Customer Support Service  Live chat, Telephone and Email
Regulation Cyprus Securities and Exchange Commission (CySEC)

Established in 2012 with its headquarters in Cyprus, Binarium is a binary options broker with a simple and intuitive platform. It is beginner-friendly and perfect for beginners looking to start their trading journey.

Even though the Broker is not regulated by the Cyprus Securities and Exchange Commission (CySEC) or any regulatory body, users’ funds are segregated, demonstrating trustworthiness and protecting users’ funds from being misused or misappropriated by the company.

Sign-up and Verification Process

Signing up for a Binarium account in Iran is simple. You are to choose from the three methods provided for signing up. You can sign up using your email and password or using your Google or Facebook account.

To sign up, Visit the Binarium website. At the top right corner of the website, you will see the login and Sign up buttons. Click on the Sign-up button. Then, enter your email, password, and currency preference.

Read the terms and conditions and confirm your acceptance by ticking the box. Also, confirm that you are 18 years of age and above. Finally, click on open an account for free. If you do not want to register using this method, you can register using your Google or Facebook accounts.

Binarium in Iran Sign-up and Verification Process

Next, complete the verification process. To verify, open the email sent to you from Binarium when you created an account. The email contains a link that you have to click on. Clicking on this link will validate your email and redirect you to your dashboard(Binarium). Click on the account verification option in your account settings.

Follow the prompting and upload the required documents for identification, such as a passport, driver’s license, national ID, and proof of residence, such as a recent utility bill or bank statement.

Once the documents are uploaded, hit the “Submit” button. Then, wait. The Binarium team will review them within a few business days and send an email to you once your account has been verified.

Trading Platform

Binarium is a beginner-friendly Binary Options trading platform in Iran with a hundred percent trading bonus for new users. This is more like a welcome bonus. It can be accessed by visiting both websites and downloading the mobile app, allowing users the flexibility of using devices of their choice to access their accounts.

It offers a Demo account (with virtual funds), allowing users to practice and learn the ropes before trading. Traders also have the chance to be properly guided through the educational resources available on the website via the education center.

Trading Features

What features do you expect from trading the binary options broker, Binarium? Well, I have made a non-exhaustive list for you to at:

  • Onboarding training video
  • Trading room
  • Bank — deposit.
  • Withdrawals
  • Prize pot
  • Economic calendar
  • Trading history
  • Technical indicator
  • Chart management tools — multiple time frames.

Binarium in Iran Trading Features

Mobile App

  • Android: Available ✅️
  • iOS: Available ✅️

Binarium offers a mobile app for both Android and iOS users who are traders in Iran. The mobile app is well-designed, giving users a smooth trading experience. Also, it enables users to access their accounts conveniently using their smartphones from any location.

The mobile app is also secure as it has additional layers of security, which are the biometric and two-factor authentication features.

Binomo in Vietnam Mobile App

Assets And Instruments

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

Further reading

Conclusion

Binary options trading is a high-risk investment that has the capacity to yield huge profits and losses for traders. Regardless of the risks involved and close government supervision, it is becoming increasingly popular among Iranian active Binary options traders.

Unfortunately, binary trading options brokers are not abundantly available for traders in Iran. This results from the numerous international sanctions imposed on Iran by the international community.

These sanctions prevent brokers, particularly international brokers, from accepting Traders in Iran. Even so, traders in Iran still take advantage of the limited brokers to engage in Binary options trading.

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

1. Top Binary Options Brokers Reviewed:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

    BrokerMin. DepositMin. OrderLeverageRatingMargin TradingGuaranteed Stop Loss
    1.Pocket Option
    $5$1Up to 1:100-NoNo
    2.IQ Option
    $10$1Up to 1:1000 for forex, varies for other instruments4YesNo
    3.Alpari
    100 USD0.01 Lotup to 1:10003.7NoNo
    4.10 TradeFX
    $1000.01 LotUp to 1:500-YesNo
    5.Quotex
    $10$1Up to 1:500-YesNo
    6.Raceoption
    $25$1N/A2.3NoNo
    7.City Index
    $1000.01 lotsUp to 1:30 for retail clients, 1:300 for professional clients-YesYes
    8.Binarium
    $5Not specifiedUp to 1:10004NoNo
    9.binary.com
    5 USD0.5 USDUp to 1:10004.4YesNo
    10.Expert Option
    $10$1Up to 1:5004.1YesNo
    11.Binomo
    $10$1Up to 1:10004.2YesNo
    12.OLYMP TRADE
    $10$1Up to 1:400-YesNo
    13.ETORO
    $200Varies by assetUp to 1:30 for retail clients, higher for professional clients4.2YesNo
    14.OptionRobot
    Not availableNot availableNot available2.5NoNo
    15.365 trading
    $1000.01 LotUp to 1:30 for retail clients, 1:500 for professional clients1.6YesNo
    16.FINRALLY
    $250Not specifiedUp to 1:10002.8YesNo
    17.JustForex
    $10.01 Lotup to 1:3000-YesNo
    18.AvaTrade
    $1000.01 LotsUp to 1:4004.7YesNo
    19.Binarycent
    $2500.1 lotup to 1:1001.5YesNo
    20.Orbex
    $2000.01 lotsUp to 1:5004YesNo
    21.Dukascopy
    100 USD0.01 lotsup to 1:2003.4YesNo
    22.BDSwiss
    $1000.01 lotsup to 1:5001.5YesNo
    23.Plus500
    $1000.01 LotUp to 1:3004.1YesNo
    24.Forex Club
    $2000.01 lotUp to 1:5003.8YesNo
    25.Insta Forex
    $10.01 LotUp to 1:10003.2YesNo
    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

    Further reading

    ×
    Or sign up with e-mail

    ×

    Create Alert For

    USD
    1 BTC = 68390.3000000 USD
    1 USD = 0.0000146 BTC
    ×

    Email confirmation

    Enter your email address below.

    ×

    Number confirmation

    Enter your Number below.