The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account.
Get Your Sign-Up Bonus Now!
Recommended Only For Experienced Traders!
What are binary options?
Binary options are a sort of exchange-traded contract used for getting income from the performance of assets (currencies, shares, goods) in the global financial markets. In making a deal, the purchaser of binary options forecasts the asset’s price change. This financial tool has a fixed price, contract expiration time. and paper profit margin known in advance.
Are binary options a fraud? A professional assessment
FraudBroker.com is an investigation center for shady transactions of binary brokers, along with Forex and CFD brokers, stock brokers, cryptocurrency exchanges, etc. Our team of experts – professional traders dealing with various brokers – is ready to provide our website guests with precise information about whether any given financial market broker is a scam artist or not.
Our customers ask: «Are binaries the real thing or a scam?», «Is Forex a scam?», «Is cryptocurrency a real thing or a scam?» – everyone is concerned about professional opinions. That is because in trading in various markets there are many fraudulent brokers whose sole mission is to get trader’s money and do their best to make him lose. They may tamper with price behavior charts, may leave a trader without a payout, may just disappear and go silent or tap into other contrivances just for one purpose: to play you. Our professionals are ready to assist you in finding reliable brokers.
The most reliable binary options brokers for March 2020
|Broker||Bonus||Min Deposit||Payout||Review||Open Account|
|Up to 100% deposit||$10||Up to 90%||Review||Visit Broker|
|$10||Up to 91% *||Review||Visit Broker|
|10 USD||Review||Visit Broker|
|Deposit bonus||50 USD||Review||Visit Broker|
|2 types of bonuses||$100||Up to 90%||Review||Visit Broker|
|Up to 100% on deposit||$5||Up to 100%||Review||Visit Broker|
*Amount to be credited to the account for a successful trade.
«General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose».
Our aim is to expose scam schemes and provide traders with reliable information on which they can based safe trading decisions. Please check our completed reviews to know if a broker works according to terms imposed by regulatory institutes. If you are not able to find information on our site, make a request to initiate a review scrutinizing the broker in which you are interested. Just fill out the application form. We will investigate the broker’s activities and send you the results by email. Due to a large number of requests to investigate the activities of brokers’ who show signs of cheating, we will provide you with an answer in the shortest time possible, likely a few weeks. We strongly recommend you send your request us as soon as possible to secure a place in the queue.
Binary options – is this a scam or not?
The idea that binary options mean cheating novice users comes from the fact that sometimes even the best brokers may be marked as not being utterly honest. Our goal is to provide complex reviews that are based on the real trading experience. Only then can we be sure that a particular broker is cheating. Binary options trading is one of the most rapidly growing financial industry sectors. That’s why the scammers are trying to get in on this market. We would like to help you to expose that kind of market participant and avoid possible harm. Our team of experienced binary options traders has worked professionally for over 5 years in the financial markets. We know how to spot the scammers.
Is Forex a scam?
Apart from investigation of the activities of binary brokers, we study companies that give traders a chance to earn income by investing in other financial markets. The currency market forex is for good reason among the best ways to get a decent income from trading currencies. It works 24 hours a day, is available for traders of any wealth, and, due to internet technologies, it’s easy to become a part of it just by going online from a home computer. Of course, apart from various advantages, it has also led to the emergence of a huge number of scam brokers. They seduce traders by promising them high earnings, unreal payout percentages, and lucrative bonuses, but instead disappear immediately after the funds are collected.
The mission of FraudBroker.com is to study the activities of market brokers providing trading services on Forex and to caution traders against problems they may face by catching scam artists. How do you identify a swindler and a cheat among many Forex brokers? Check brokers for possession of a license and work on their demo accounts carefully. Also have a look at the current rating of verified Forex brokers and read the references of traders about them right now on the specific webpage.
Is CFD a cheat and a scam?
CFD (contracts for difference) have been especially popular with traders recently as they allow traders to essentially make money on the difference of prices of various assets: raw materials, metals, currencies, etc. There is no purchase of assets here, no solution offered for the issue with title documents and so on. This aids interaction between trading parties, lets a trader earn both from assets appreciation and loss. Dealing with CFD is lucrative, quick, and easy.
Taking into account the high popularity of this market many brokers immediately started offering access to its capacities, which is not bad in general. However, today there are a lot of suspicious companies, too, with unique bonuses in their arsenal and guaranteed high income from investments in CFD from small traders’ efforts. How do you choose a reliable CFD broker and not lose your money? For our website users, we have prepared an urgent rating of CFD brokers, where they can not only read the detailed brokers reviews, but also study real traders’ feedback about them.
The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account.
Get Your Sign-Up Bonus Now!
Recommended Only For Experienced Traders!
Is cryptocurrency a scam or the real thing?
Cryptocurrency is popular and one of the most volatile assets of our time. It is among the most vital financial markets and lets you obtain income by purchasing and selling digital coins. This growing market resulted in the whole cryptocurrency boom, and we all are unintentional witnesses of its rapid development, have hot discussions on the latest news of digital assets dynamics, become tokens holders etc.
Such attention to cryptocurrency couldn’t help but generate a large number of scam lottery websites and fraud projects in the market, which were created just for one purpose – to take over traders’ cryptocurrencies and disappear. How «not to fall in their hands» and to keep and multiply your digital money are the topics the team at FraudBroker.com works on. You can read a lot of informative articles about cryptocurrency and digital assets trading strategies, along with detailed reviews of cryptocurrency exchanges and brokers allowing trading digital tokens.
Is the stock market a scam and a fraud?
The stock market is one of the oldest financial markets allowing any concerned user to make money investing in shares of the major companies and brands, and it is popular all around the world. For instance, a trader may easily become a holder of shares of Coca-Cola, McDonald’s, Apple, Adidas, Starbucks, Gasprom, Nornikel, etc. Shares have always been among the safest assets, and the chance to become a holder of assets of famous brands is appealing to solid investors. With the emergence of the huge market of internet technologies, the chance to get a decent profit from stock trading only increased, and ordinary people became concerned about them, too.
Obviously, there are not only fair stock brokers in this oldest market, but also websites promising naïve traders heaps of money when in reality they are fraudulent scams. How do you choose a reliable stock broker? On the project website FraudBroker.com you can not only study the up-to-date ratings of stock brokers but also read a huge number of reference materials about trading in the stock market.
John Reichard, 38, New York City, USA
Hello! I’m John Reichard. I will be glad to help you. Not many people could boast that their profession and hobby are the same thing. For more than 5 years, I have analyzed binary options brokers. I devote my time to trading and market research, and I’m ready to share my experience. My goal is to guard myself and other traders against thieves. I have opened accounts with different brokers to check their trading platforms and payout obligations, so everyone knows what firms are honest and which are just running their scam schemes and robbing the clients.
Floyd Lewis, 33, Toronto, Canada
For over 8 years I’ve specialized in binary options, robots, and signals. I have been a computer engineer and programmer. After my second daughter’s birth, I started working from home. I personally check the binary options robots and signals, different trading strategies and tactics. My aim is to verify whether programs are working properly or not, in order to determine winning strategies in these systems.
Kevin Murray, 29, London, England
I have a master’s degree in finance management and specialize in Forex trading and binary options. I’ve been the senior consultant with a project called FraudBroker.com since 2020 and have devoted most of my time to lead traders in the right direction. The latest articles on this site are mine. Now I’m a daytime trader with over 5 years’ experience in the binary options industry. People regularly contact me to ask my professional opinion on various things, including binary options scammers.
Recognize how to avoid scamming
Cheating is possible. First of all, you must ensure that your broker has a certificate issued by one of the regulatory institutes. Verify if there are any positive or negative remarks on the Internet. Pay attention to the conditions of the services that brokers provide, including trading conditions and bonus-receiving conditions.
You can ask your questions online using an online chat application or request a telephone call and ask your questions this way. Furthermore, you can request the broker’s verification and wait until we determine if there are signs of cheating and deceiving.
How to choose a decent binary options trade broker?
The choice of the right binary options trader is the first step to a successful trading career. Actually, it is really hard to choose an honest broker out of the more than 350 working firms on the market. That is why we at FraudBroker.com decided to intervene and help visitors on our site. We have ample knowledge about how to choose a binary options broker. Our site is a good place to do the first steps in binary options trading. If you are not utterly sure that your broker is reliable, we would advise you to choose a broker number 1 from the list above and start trading safely by having a broker whom the FraudBroker.com team members trust.
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Top 5 US Binary Options Brokers – April 2020
We’ve tested the most trusted USA binary options platforms, and below you can find a comparison table with the results.
Best International Binary Options Brokers
|#||Broker||Max.Bonus||Rating||Description||Min.Deposit||Max. Payout||US Clients||Site|
|1.||RACEOPTION.COM||$250 Bonus||4.9||Top Broker
|$250||90%||Yes.||VISIT RACEOPTION Read Review|
|2.||3 Risk Free Trades + Bonus||4.8||Fast Withdrawal
Risk Free Trades
|$250||90%||Yes.||VISIT BINARYCENT Read Review|
|100% + $250 Welcome Bonus||4.7||Revolutionary Platform.
Up 95% Payout.
24/7 Video Chat.
|$250||95%||Yes.|| VISIT VIDEFOREX
Best US Regulated Binary Options Exchange
|Exchange||Promotion||Rating||Min.Deposit||Max. Payout||Regulation||Open Account|
|Free Education||5.0||$250||100%||Yes ( CFTC )||VISIT SITE Review|
It might be surprising to someone that online financial trading in the USA is rather hazy. The role of two licensing and regulating bodies, viz., Commodity Futures Trading Commission (CFTC) and the National Future Association (NFA) has been rather passive. No fret… You need not be despondent on this count. There are some reputed offshore binary platforms to cater to the customers residing in the US. You can depend on the binary options brokers, which are safe and secure, as well as maintain the requisite standards. Let us have some insight into the binary options trading.
Best Binary Brokers
If you are looking for binary options brokers rendering a hassle-free service, probably, the Binarycent is one of them, though any financial authority does not regulate them. However, with a very impressive deposit bonus and trades from 10 cents, they offer services to the US traders. Their website is accessible not only on a desktop or on the laptop but also through a portable device powered by either Android or iOS. This is a very convenient option for those who travel extensively to get updates through pocket-friendly devices.
This broker launched in the year 2020 is a relative newcomer in the binary options industry. RaceOptions accepts the customers from all over the globe including the US customers. A customer can trade-on over 150 assets and the choice of currency to trade includes USD, EUR, GBP, and RUB. The brokering company also assigns high priority for the customer service.
Best Binary Options Exchange
North American Derivatives Exchange (Nadex) established in the year 2009 is the US-based exchange, which is a subsidiary of IG Group Holdings Plc. Nadex, regulated by the CFTC is also one of the most trusted brokers among the US traders. The simple to use trading tools also offer advanced tools for the needy traders. Moreover, you can access educational material on the Nadex learning center. You can also try their demo account on the desktop or portable devices.
Tips for Selection of Broker
Of course, the first thing a customer does is to Google the best binary options brokers and find out the services, their reputation besides the customer reviews. You can also browse some third-party websites for an impartial review. A customer may also keep the following tips in view before short-listing the binary options brokers.
Though not mandatory to test the demo account, it is a requirement to test for a while to ensure how consistent it is in maintaining the profitability. An offer of a demo account also ensures that the broker desire profitability as well as yearns a long-term relationship with the customer. Thus, it proves that the broker cares for the success of a customer on a long-term basis. In case there is no demo account, probably, the broker is looking for a short-term gain, which is a disadvantage to the potential customers.
Anyway, the broker offers you a trading service for which he is in the business. What you should look for obviously is beyond the routine service – what more value-addition service he renders to the customers. The basic platform might offer you a couple of trades. However, an honest and genuine broker should offer you other features such as double up, roll over, early close or any such trading tools. It is also a good idea to look for a broker offering you the educational resources on the subject.
You should aim for a broker who arranges webinars, video tutorials, or one-to-one training sessions explaining the strategies of trading. The FAQ and trading alerts would also be an added advantage for a customer.
No doubt, the customer service is very crucial in any service industry. You should not be carried away only with the website or tools of the binary options broker. You can try a conversation with the customer service team to find out how the service is. A few questions on the subject would reveal how proficient the manager is in answering your queries. Moreover, you can judge whether he is customer-friendly while replying to you. Probably, sometimes, the service representative tries to convince you to be their customer without answering your query.
The next significant pain point is the terms and conditions of a broker. In spite of all the positive features, in case the conditions of a trade are not favorable, probably you are inviting trouble for yourself.
Sometimes, a customer takes for granted the terms and conditions in the process of completing the formalities to hasten the trading activity. The unfair and unfavorable conditions could be a reason for your subsequent losses in the transactions.
It is always advisable to go through the FAQ and fine print of the conditions for each of the feature. Do not affix your signature on the dotted line without reading between the lines.
The reputation of the binary options brokers the USA plays a vital role especially when the regulatory stipulations are very fluid. In the absence of a strong regulatory authority, the onus is exclusively on you as a customer. Even if someone is regulated, the entity might be only for private banking services, or some business entity. Since there is a host of brokers in the trading market, you should check out for the reputed broker offering secured and safe trading platform. With the technology at your fingertips, the review of any broker is only a few clicks away. You can take a few minutes in browsing the information on the reputation and feedback from the customers’ review.
The points of consideration could be multi-platform accessibility like the mobile-friendly websites, multi-currency options and a company offering you a wide range of banking solutions free of charge. These are not a very high expectation of a customer. In the present day situation, accessing through a portable device is almost a necessity for a trader, and the option to trade in the currency of different countries. If you are keen on some specific asset, make sure that the asset is tradable with a broker you are contemplating.
AnyOption Broker Review 2020
This broker is closed.
This review provides an objective outlook on the features this broker provides to traders. On BinaryOptionRobot.com, we want our traders to be able to pick a reliable and trustworthy broker before they start trading. Ever since AnyOption was launched in 2008, it has created a strong relationship with its traders due to an untainted record of transparent trading. AnyOption is also a regulated broker with a valid trading license. Find out more about AnyOption special features, payment and withdrawal information, trading software and their support service in this review.
AnyOption Account Features
When you open a trading account with AnyOption, there will be a guide on how to use trading options and promotions while you trade. You will be contacted by an account manager that will explain what are your trading opportunities. This information depends on the minimum deposit amount that you place.
Due to CySEC’s decision, AnyOption no longer provides binary options bonuses!
If you are a beginner and you encounter problems while trading with AnyOption, do not hesitate to contact their Customer Support. Their agents are available seven days in a week at any time. They have experts who offer support during your first trading steps and further on.
Quick Facts About AnyOption
When you register with AnyOption, you have to make a deposit to start trading.
- Minimum Deposit amount is $250
- They offer a maximum return of 80%
- Minimum trade amount is $25
- Maximum investment amount is $ 20 000
AnyOption Trading Platform
Unlike most of the brokers who use SpotOption trading platform, AnyOption has developed their own trading platform. We checked the features and characteristics of this trading platform and we can say that is very user-friendly. It has a unique design for traders to handle easily and proficiently. This is wonderful for beginner traders who can manage easily using this platform and set their trading preferences in no time.
AnyOption has over 200 assets available on the trading platform. This is good for traders who like to expand their strategizing on all types of trading assets. We also noticed that all traders can follow their trades and keep an eye on them using Active Trades tab. When you place a trade, you can check its status there. AnyOption trading chart is where you can access all of your active trades.
Brokers usually don’t allow trading after the markets are closed. But AnyOption is one of the brokers that do. They provide a OneTouch option for traders to place trades during closed market hours. Any Option is also mobile friendly. You can install their app on both Android and iPhone and use their trading platform with the same features. Traders can make their call-or-put decision on different asset types, like currency pairs, stocks and commodities. For over 200 available assets, imagine how many trading options traders have. This is also great for traders who like to invest in a specific asset type.
If we were to weigh on the pros and cons for this broker, we have so far discovered just one con among all the pros – there is a 0,50% commission for most of the high/low options.
Other than that, AnyOption has come up with another useful feature, especially for beginner traders. It is called Bubbles . From what we could see, this is how it works. You pick an asset and your investment amount. Then you get to place and shape the bubble which means that you make a prediction on the chart. The wanted outcome for traders would be that they accomplish the price in the bubble. This results in trader’s making a profit. This happens if the graph line bursts your bubble. Other trading options available for AnyOption traders are: High/Low, One Touch and Option Builder.
AnyOption also offers different expiry times: 15 minutes, 30 minutes, 1 hour, 24 hours and more.
Tip: Trade with reputable and regulated brokers on FX-Advisor.
Customer Support Service For AnyOption Traders
AnyOption has really come through with their Customer Support. Their agents are professionals who are able to provide accurate and true information to their traders.
The wait time is also worth a praise. Agents reply on the live chat in moment’s time. We have tested AnyOption live chat service and found out their agents have friendly approach and considerable selection of knowledge background. Good customer support is always important for novice traders that usually comes with many questions about registration, payments, trading accounts etc.
Like all traders who have to send their identification documents for approval, we went through the same process and the papers were approved on the same day. And it only took several hours. This is a big plus for AnyOption. It is important to know that the same way traders want to know they are trading with a reliable broker, brokers get to verify trader’s credibility as well. This strengthens the bond between a broker and a trader as both parties know who they are trading with.
There are over 15 languages available on AnyOption site. This means a lot for traders who don’t necessarily speak English, a language most commonly used for communication between people with different mother tongues. This way, traders can also be more confident in their trades as they won’t make mistake because of a language barrier.
This regulated broker, due to CySEC’s decision, no longer provides binary options bonuses!
Banking Information For AnyOption
As previously mentioned, AnyOption is one the brokers that has a valid trading licence since it is regulated by CySEC. Besides following many specific obligations, this means that AnyOption clients investments are protected in a secure bank account. AnyOption must keep their client’s funds on segregated financial accounts in order to keep them away from liquid transactions that are used for salaries or similar.
If traders want to withdraw their money, they can do it once a month, completely for free. This is more than fair since there are a lot of traders who don’t trade with substantial amounts. There is also a way for traders to withdraw their funds more than once a month. They just need to pay $30 for bank costs between banks and AnyOption.
There are also many deposit methods available for traders: Master Card, Visa, Diners, Maestro, BankWire, Skrill/MoneyBookers, CashU, and Ukash. For any withdrawal requests, traders have to send their personal documents so AnyOption could verify their identities.
AnyOption does not operate in the USA and Australia.
Legal US Binary Options and Brokers – Safest USA Brokers
Recently we have witnessed a much more stable binary marketplace in the US compared to several years ago with an increasing number of binary options. All of this was only inevitable after leaving the wild-west phase behind us, which was largely the period between 2020 and 2020. But, that phase left a lot of confusion and concern among traders about the legality and regulation of binary trading. Potential binary option customers ask whether it is legit and legal and whether the authorities will come after you if you start trading.
This is the hottest issue among traders in the USA at the moment, a country that has ever-changing laws and regulations. Before we get into specifics, we want to inform you first that it’s not illegal to trade binary options. It’s very much legal and regulated. The problem is that most US brokers are not legal and do not hold valid licenses. This makes the selection of legal US brokers a small one, but with enough quality.
List of Binary Option Brokers accepting traders from the USA:
|Rank||Broker||Offer||Trade Now / Review|