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10 Top Binary Options Trading Platforms – Best Brokers Compared

10 Top Binary Options Trading Platforms – Best Brokers Compared

In this post, I will review the Best Binary Options Trading Platforms that have reliable functions, easy to use interfaces, and attractive payout ratios.

Regardless of your experience, using a good platform is imperative to success, so I will delve deeper into their unique propositions.

The ever-evolving landscape of binary options trading requires that these platforms be adequately highlighted with their regulations, standout features, and tools.

Key Points & Top Binary Options Trading Platforms List

PlatformKey Features
Pocket OptionFounded in 2017, intuitive UI, social trading, over 100 assets, $5 minimum trade
IQ OptionRegulated by CySEC, demo account, low minimum deposit ($10), mobile-friendly UI
DerivFormerly Binary.com, offers DTrader and DBot, MT5 support, regulated in multiple jurisdictions
QuotexFast trade execution, customizable charts, $10 deposit, 100+ assets
BinaryCent1-minute trades, accepts crypto, copy trading available, 24/7 support
RaceOption20–90% payouts, bonus offers, 24/7 trading, crypto deposits accepted
ExpertOptionGood for beginners, 100+ trading assets, instant withdrawals, demo account
Olymp TradeRegulated by FinaCom, low fees, educational tools, strong mobile platform
BinariumEstablished in 2012, beginner-friendly interface, fast withdrawal processing
VideforexAllows weekend trading, supports forex/binary/CFD, accepts credit cards & crypto

10 Top Binary Options Trading Platforms

1.Pocket Option

Established in 2017, Pocket Option is a trusted broker in the binary options industry, boasting a simple to navigate platform and a wide selection of assets. It provides more than 100 assets, ranging to forex, stocks, and cryptocurrencies.

It has low minimum trades of \$1 and has a social trading feature which allows users to copy and follow the traders that are performing the best.

Pocket Option

It is equipped with tools such as indicators, signals, and offers tournaments which cater to advanced and novice traders. Though not regulated by main authorities like CySEC, it is still popular for its ease of use, fast withdrawals, and mobile access.

FeatureDetails
Founded2017
RegulationIFMRRC (not top-tier)
Minimum Deposit$5
Minimum Trade Amount$1
Assets100+ (Forex, Crypto, Commodities, Stocks)
Demo AccountYes
Social TradingYes (copy other traders)
Mobile AppYes (iOS & Android)
Payment MethodsCards, e-wallets, Crypto
Withdrawal Time1–3 business days

2.IQ Option

As one of the industry’s leading binary options brokers, IQ Option is well known for its sleek trading interface and is regulated by CySEC. Besides binary options and other types of trading, it offers trading in forex and CFDs, giving access to over 300 assets.

With IQ Option, traders can start with a minimum deposit of only \$10 and practice on the free demo account. Providing advanced charting tools, indicators and customizable layouts, the platform is equipped with everything for traders of any level.

Q Option

With responsive customer support and a wide range of educational materials, the platform is convenient for mobile traders, beginners, and experienced traders alike. Global traders can also benefit from IQ Option’s fast trade execution and transparent fees.

FeatureDetails
Founded2013
RegulationCySEC
Minimum Deposit$10
Minimum Trade Amount$1
Assets300+ (Options, Forex, Crypto, Stocks, ETFs)
Demo AccountYes (Unlimited)
Mobile AppYes
Platform ToolsIndicators, Charting Tools
Payment MethodsCards, E-wallets, Bank Transfer
Withdrawal Time1–3 business days

3.Deriv

Established Binary.com now operates as Deriv and is a well known binary options broker with regulation in Malta and BVI. It offers several platforms such as DTrader (manual trading), DBot (automated trading), and DMT5 (advanced trading via MetaTrader 5).

Deriv offers forex and indices along with commodities and synthetic indices which are exclusive to the platform. With a clean, friendly, and seamless interface, traders can start off with as little as \$5.

Deriv

Along with analytical tools, Deriv is also well known for its customizable trading bots. It is a well-known platform and is trusted by millions of users across the globe thanks to its strong reputation, flexible trading options, and robust regulatory support.

FeatureDetails
Founded1999 (as Binary.com)
RegulationMFSA, LFSA, VFSC, BVI FSC
Minimum Deposit$5
Minimum Trade Amount$1
PlatformsDTrader, DBot, DMT5
Assets100+ (including Synthetic Indices)
Demo AccountYes
AutomationYes (via DBot)
Payment MethodsBank, E-wallets, Crypto
Withdrawal Time1–2 business days

4.Quotex

Quotex is a relatively new binary options trading platform published in 2020. Due to its simplistic UI and quick trade completion, Quotex is becoming popular among traders. It has a range of trading options from forex, crypto, and commodities, totaling above 100.

Quotex is convenient for beginners, as they only require a \$10 minimum deposit and offers trades starting at \$1.

Quotex

Quotex also has a withdrawal range of bank cards, e-wallets, and crypto which is processed in 1-3 days. Even though Quotex is unregulated, it offers bonus, has a friendly interface, and good global trader support.

FeatureDetails
Founded2020
RegulationIFMRRC
Minimum Deposit$10
Minimum Trade Amount$1
Assets100+ (Forex, Crypto, Stocks, Commodities)
Demo AccountYes
Platform ToolsIndicators, Signals
Mobile AppYes
Payment MethodsCrypto, Cards, E-wallets
Withdrawal TimeWithin 3 business days

5.BinaryCent

BinaryCent operates as a binary options broker that offers trading in forex, CFDs, and options, with a minimum trade size of only \$0.10. This very low entry threshold is a huge advantage for micro-traders and beginners.

The platform features 24/7 trading and accepts cryptocurrency for deposits and withdrawals, which is a big plus.

BinaryCent

Users are able to copy successful trading strategies through BinaryCent’s copy trading feature. The platform provides bonuses, demo accounts, and multilingual customer service for users from different countries.

Even though it is lacking tier-one regulator oversight, BinaryCent’s comprehensive features and support for weekend trading are appealing for active retail traders.

FeatureDetails
Founded2017
RegulationNone (offshore based)
Minimum Deposit$250
Minimum Trade Amount$0.10
Assets100+ (Options, Forex, CFDs)
Demo AccountYes (with deposit)
Copy TradingYes
Crypto SupportYes (for deposit/withdrawal)
Weekend TradingYes
Customer Support24/7 Live Chat

6.RaceOption

RaceOption is a worldwide broker specialized in binary options that deals with various financial assets such as cryptocurrencies, forex, and stocks, in addition to offering quick trade execution.

This platform allows trading during weekends and offers a maximum payout of 90%. It supports instant withdrawals, offers some cryptocurrencies as payment options, and has high deposit bonus offers.

Additionally, RaceOption provides live video customer support and has a copy trading feature, which are uncommon among binary brokers.

RaceOption

Although the minimum deposit of \$250 is higher than some of their competitors, this broker provides a comprehensive range of trading tools.

Although not governed by major regulators, RaceOption is still able to attract many traders for their flexible and diverse options.

FeatureDetails
Founded2014
RegulationNot regulated by major bodies
Minimum Deposit$250
Minimum Trade Amount$1
Assets150+ (Binary, Forex, Crypto)
Demo AccountYes (limited)
Copy TradingYes
BonusesYes (Deposit bonuses available)
Weekend TradingYes
Customer SupportLive Video Chat

7.ExpertOption

ExpertOption is a popular binary options platform that provides access to more than 100 assets such as forex, commodities, stocks, and crypto.

It features a mobile and desktop-friendly clean interface, integrates technical indicators, provides the latest news, and facilitates social trading.

ExpertOption

It is convenient for beginners as ExpertOption has a minimum deposit of \$10 and trades from \$1. Withdrawals are instant and the customer support is available 24/7.

While the company is not regulated by top-tier agencies, they do hold a certification from the VFSC and FMRRC. An intuitive platform and fast account setup paired with available guides makes ExpertOption stand out for beginners and intermediate traders.

FeatureDetails
Founded2014
RegulationVFSC, FMRRC
Minimum Deposit$10
Minimum Trade Amount$1
Assets100+ (Stocks, Crypto, Forex, Commodities)
Demo AccountYes (Free, no deposit needed)
Social TradingYes
Indicators/ToolsYes (MACD, RSI, MA)
Mobile AppYes (User-friendly)
Withdrawal TimeInstant to 2 days

8.Olymp Trade

Olymp Trade is a binary options and digital options broker whose activities are regulated by FinaCom, which is a member of International Financial Commission.

The reputation of the platform is good and the operations of the broker are safe. Olymp Trade contains cryptocurrencies, forex and commodities, having more than 70 assets in total.

Olymp Trade

The platform is user friendly and contains good educational materials, demo accounts, and technical indicators. Olymp Trade is well-known due to its fixed time trades (FTT), its good reputation, and its availability to a broad audience in Asia, Africa and Latin America.

FeatureDetails
Founded2014
RegulationFinaCom
Minimum Deposit$10
Minimum Trade Amount$1
Assets70+ (Binary, Forex, Crypto)
Demo AccountYes
Platform ToolsEducational materials, Indicators
Mobile AppYes (Highly rated)
Payment MethodsCards, E-wallets, Crypto
Withdrawal Time1–3 days

9.Binarium

Founded in 2012, Binarium is recognized as an early binary options broker. They offer an intuitive interface and low barriers to entry. With a \$5 minimum deposit and \$1 minimum trades, Binarium is a favorite among beginners and lower-budget traders.

They also provide practice demo accounts. While not strongly regulated, Binarium is multilingual and allows fast withdrawals through cards, e-wallets, and crypto.

Binarium

The interface is noncomplex, and customer service is available 24/7. This makes Binarium stand out for most novice traders who prefer a clean, simple, and functional trading interface.

FeatureDetails
Founded2012
RegulationOffshore, unregulated
Minimum Deposit$5
Minimum Trade Amount$1
Assets50+ (Forex, Stocks, Commodities)
Demo AccountYes
Platform TypeWeb-based
Mobile AppYes
Payment MethodsBank cards, Crypto, E-wallets
Withdrawal TimeUp to 5 business days

10.Videforex

Videforex, like many other brokers, has its pros and cons. Opening an account will allow you access to online forex trading, cryptocurrencies, commodities, and even CFDs.

With its uninterrupted trading availability and unique customer support options like live video chat, Videforex is setting itself apart.

A quick glance on their site shows that traders can deposit using e-wallets, cryptocurrencies, and even major credit cards. For serious traders, Videforex is an option, offering a \$250 minimum deposit and up to 95% returns.

Videforex

Other amenities like copy trading, bonus promotion, and a mobile app available for download, make it a trader friendly platform.

While it is not regulated by high authoritative bodies, fast withdrawal speeds, trading on multiple devices, and unrestricted access to trading encourage worldwide registration and quick account openings.

FeatureDetails
Founded2017
RegulationOffshore (not regulated by tier-1 bodies)
Minimum Deposit$250
Minimum Trade Amount$1
AssetsForex, Crypto, Stocks, CFDs
Demo AccountYes
Copy TradingYes
Weekend TradingYes
Unique FeatureLive video support
Withdrawal Time1 hour to 1 business day

Conclusion

In conclusion, like most other binary options trading platforms, IQ Option, Pocket Option and Deriv nagivate towards ease of use, low fees and diverse selection of profiles. Regardless of trading experience, they serve all types of customers.

Even though some of them lack proper regulation, they still offer helpful resources such as demo accounts, copy trading and quick withdrawal which in return increases their popularity amongst binary options traders around the world.

FAQ

What is a binary options trading platform?

A platform that allows traders to bet on the price movement of assets within a set time frame—predicting whether the price will go up or down.

Are binary options platforms safe?

Some are regulated (e.g., IQ Option, Deriv), while others are offshore. Always choose platforms with a good reputation and user reviews.

What is the minimum deposit to start?

Minimum deposits range from $5 to $250 depending on the platform (e.g., Pocket Option: $5, BinaryCent: $250).

Do these platforms accept crypto?

Yes. Many platforms, including Pocket Option, RaceOption, and BinaryCent, support cryptocurrency deposits and withdrawals.