Binary options are relatively young but they have won the hearts and minds of millions of traders around the globe. They are an excellent alternative to conventional Forex trading. With binary options, you can still trade your favorite currency pairs. However, now you can do it the easy way but you don’t have to maintain the trade each time you open it and your trading results don’t always have to rely on the amount of pips the price have changed by.
Simply put, you can bet on whether the price is above or below the current price on expiration. Both your risk and your profit are fixed at all times so the only thing you have to do is to predict correctly the direction of the price move and also set the time when your trade expires. And that’s it! You are good to go! Basically, that’s the key reason why binary options have been getting increasingly popular ever since they came into existence. They represent an alternative (and relatively easy and simple) way to trade any assets you like. Those are next-generation derivatives taking your financial results to a whole new level.
Binary options are all-or-nothing derivatives. In the worst0case scenario, you cannot lose more than you have bet. As opposed to conventional trading, this is an advantage since you don’t have to maintain a trade and place stop-loss orders and move them continuously. And you are not afraid that a spike may jump over your stop-loss and create a much-bigger-than-expected loss. At the same time, if you happen to be right, you get paid handsomely, from 70% to 90% in most cases. The good news is, you don’t have to rely on the amount of pips the price have come your way. Whether it’s 1 pip or 10 pips, you still get paid, and the amount is always the same. That’s why binary options is a perfect choice for intensive intraday traders. However, more and more mid-term and long-term traders are switching to binary options as well.
To make a long story short, binary options are indeed capable of boosting your performance in liquid markets. However, your trading skills are not the only key factor to make up your success. Simply put, you cannot do without a reliable binary options broker. The thing is, you always access the market via a broker, which is why this is your key business partner. And it absolutely has to be reliable if you want to trade binary options for a living. It’s not a secret that most binary brokers are not reliable. Only a handful of binary brokers are licensed and can actually offer you transparency, reliability, security. That’s why it’s so important to take your time and make the right choice.
The thing is, most of those guys who start trading binary options are unaware of how to choose a binary options broker properly. That’s why most of them fall prey to scams and some mediocre brokers. Choosing a decent broker may be time-consuming. That’s why Masterforex-V Expo decided to launch another rating of broker to save you a lot of time, effort and money. The rating is dedicated to binary options brokers and is designed to let you choose from the list of the best companies in the industry to date.
Best Binary Options Brokers in April 2017
TOP3
Anyoption is number one. This is one of the pioneers and heavyweights in the binary options world. The company has been around since 2008. Since then, the platform has united millions of retail traders around the glove.
IQ Option is number two. Founded in 2011, the company has been doing their best to leverage their clients’ trading experience and make them succeed. The broker offers flexible conditions, low starting requirements and really powerful trading solutions.
Dotoption is number 3 on the list. The company can boast a range of ready-made innovative technical solutions developed by the local team of skilled developers. The company also employs some managers with the expertise of working on some projects by famous international brands. The Dotoption brand is promoted based on a series of steps related to providing innovative services coupled with exclusive technical solutions for efficient trading. The company’s lawyers are currently working on getting licenses in the countries the company is focused on.
The leaders are followed by:
- OptionFair;
- uTrader;
- Binary360;
- Stockpair;
- CitiTrader;
- XLoptions;
- Unioption;
- Zoomtrader;
- OptionsClick;
- 24option;
- Trading247;
- MarketsWorld;
- Banc De Binary;
- PhenixOption;
- OptionBit;
- First Binary Option Service;
- GOptions;
- Binary.com;
- Global Trader 365;
- Trade770;
- TradeQuicker;
- iOption;
- FrontStocks;
- Binomo;
- EZTrader;
- Dragon Options;
- GTOptions;
- TradeRush;
- Opteck;
- Cedar Finance;
- Verum Option.
It should be noted that the voting for the best binary broker 2017 is still underway. You can participate in the voting as well by casting your vote for the broker you think is the best one. Only one vote per IP will count. Just visit the corresponding page and rate the broker you like.
