Trading binary options is not simple. Probably the toughest decision you will have to make is regarding the broker you will be collaborating with, and for good reason. Taking into consideration the increasing popularity of this practice, at the moment there are more than 400 trading platforms available on the dedicated market. Things have evolve quite fast, given the fact that when binary options started (in 2008), there were no more than 10 brokers. The high competition is beneficial to investors, who are thus likely to get better terms and conditions. Of course, this can be a double edged sword: the bad news is that there are also plenty of scams that you need to avoid when choosing a broker. In order to make an informed decision, you should visit sites such as 7bestbinarybrokers.com, which consist in fait reviews of the most reliable platforms available on the market. Here is a brief top including three of the most popular and trustworthy companies whose services you can use:
Banc de Binary
This broker is ranked as one of the most reliable existent on the market by most dedicated platforms. Located in Limassol, Cyprus, this company is licensed to operate and regulated by the CySEC, which represents the proof of its qualitative and professional activity. In addition to this, it requires an accessible minimum deposit and an extremely convenient minimum trade amount. For more information, you can read Banc de Binary review and learn about the benefits you get by collaborating with this broker. It is considered to provide its clients with the highest standards in terms of financial services, which definitely makes it a good choice.
Another popular name you will probably see on specialized platforms and articles is 24Option. This brokerage company has been on the market for some time now, since it was launched in 2010, and has only received positive feedback during its years of existence. Also regulated by the CySEC, the broker is licensed to operate in all the countries of the European Union. Besides the standard terms and conditions, 24Option also offers its clients multiple educational resources, access to a wide variety of investment possibilities as well as the option of getting a demo account. Furthermore, it has convenient withdrawal conditions and great customer service, aiming to support beginners in particular.
Situated in London, United Kingdom, this brokerage company has gained a popularity, in spite of the fact that it is rather new in the industry. Launched in 2014, the platform offers traders plenty of advantages: excellent returns, more than 200 diverse treatable assets (stocks, currencies, indices, commodities, real estate etc), great deposit bonuses and low minimum investment, to mention but a few. Moreover, the broker also gives you access to signals, to support your trading activity. If you are interested in testing its services, you can always create a demo account to learn the platform’s features and get familiarized with trading with Boss Capital.