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Binary options provide traders with the ability to enjoy potentially lucrative financial rewards over time. Thanks to the prevalence of high-speed Internet and mobile-responsive websites, this type of investment is now more popular than ever before. Still, not all online brokerage services offer the same levels of transparency and trustworthiness. Let us examine a handful of providers that are considered to be the most reliable.
CMC Markets is one of the largest online trading platforms within the United Kingdom. Besides offering standard binary options trades, they also specialise in CFDs, Forex positions and treasuries. A wealth of underlying assets and a more than 10,000 instruments offer nearly limitless options for the astute trader. Other features include a next-generation investing platform, advanced charting capabilities and social media trading. These are some of the reasons why CMC Markets is currently thought to be one of the best binary options brokers on the market.
FXTrader was first established in 2008 and thus, it is one of the most well-known binary platforms. It is regulated by the Cyprus Securities and Exchange Commission and employs several reliable payment methods. This portal also offers some of the highest payouts in the industry while no fees or commissions are charged during a trade. All electronic transfers are safe and secure. The investor can choose from well-known options such as PayPal, Skrill and Neteller.
24Option is another popular choice due to its solid reputation and dependable trading platforms. A minimum deposit of $250 dollars is required to open an account and trading levels start at $24 dollars. While the size of entry-level trades is higher when compared to other brokers, they tend to be perfectly suited for institutional traders or those with a considerable amount of experience in the industry. Maximum returns as high as 88 per cent also illustrate that 24Option is an excellent choice for those looking to enjoy substantial returns.
Located out of Cyprus, IQOption is another legitimate and dependable options trading platform. Payout rates of up to 91 per cent offer lucrative financial opportunities and thanks to a minimum deposit of ten dollars, this portal can be a great choice for anyone who is looking to gain experience before committing to larger amounts. Numerous e-wallet payment methods are offered and IQOption also supports wire transfers. A final unique addition to this website is the inclusion of a "speed trading system" which enables investors to trade in increments of between 60 seconds and five minutes.
Like many of the other binary brokers on this list, AnyOption is regulated through CySEC and is another safe trading site to consider. There are more than 100 positions available and clients can customise their platform based upon specific strategies. Mobile applications are likewise available for those who wish to trade remotely. Intuitive charting tools, live price updates and 24-hour withdrawals are other advantages not to be overlooked. Excellent levels of customer support further define AnyOption.