Since the very time binary options were recognized as a finial asset (a derivative, to be more exact), they have been getting more and more popular with Forex, commodity and stock traders worldwide. As you know, binary options are mostly all-or-nothing bets, financial derivatives allowing you to know your risk and potential reward in advance and therefore plan your trading accordingly. Make a correct prediction and profit if the option is in the money on expiration. It is that simple. Indeed, the relative simplicity is one of the key reason why binary options are so popular with contemporary traders, especially for those FX traders who are just getting their feet wet and have little to zero expertise in trading currencies. Binary options are way easier to trade than the conventional spot Forex market. This is an excellent opportunity gain some experience. Still, intermediate and advanced traders (especially intraday traders) do not mind trading binary options as well since they can be potentially more profitable.
All of the mentioned factors give you more control over trading, which further translates into much more impressive results binary traders capitalize on.
Still, all traders need brokers to access the market, binary brokers are no exception. In order to find out which binary brokers are worth paying attention to and trusting your money with, you may send quite a lot of time and effort. In other words, choosing a reputable binary broker can be a true challenge.
Still, there is a way out. Not so long ago, Masterforex-V Expo introduced a new rating of the industry’s most reputable binary brokers. The rating is unbiased since it is based on quantitative criteria (all in all, there are over 20 of them). At the same time, it is updated on a monthly basis to let you know about the latest changes in the industry.
As for the latest update of the binary broker rating (it took place in late August 2015), the list looks as follows:
The TOP 3 is represented by IQ Option, Anyoption and Stockpair. They are followed by:
- OptionFair
- 24option
- XLoptions
- CitiTrader
- OptionsClick
- Binary360
- uTrader
- PhenixOption
- OptionBit
- Unioption
- GOptions
- Zoomtrader
- Trading247
- EZTrader
- FrontStocks
- MarketsWorld
- gtoptions
- First Binary Option Service
- Binary.com
- Trade770
- Global Trader 365
- Banc De Binary
- iOption
- TradeQuicker
- Dragon Options
- Cedar Finance
- TradeRush
- Opteck
- Binomo
As we can see, the rating consists of a pretty big amount of binary brokers. All of these brokers are going to compete for the title of the world’s best binary broker in 2015. Apparently, the top 5-10 is much closer to this title than the rest of the raging. Still, all of them have chances to succeed since there are 4 months to go.
