Binany affiliate program

- you can place banner ads on your website. To download the binance affiliate design kit for ads, click here .

Free forex bonuses

How does the binance affiliate program work?

Binany affiliate program

Do you believe that you can exchange the world for the better with bitcoin, blockchain, and binance? Join the binance affiliate program, and get rewarded for your efforts when you introduce your world to binance, the world’s leading cryptocurrency exchange.

To apply, please fill in this form , and we will reach out to you.

How does the binance affiliate program work?

Recommend binance, get rewarded! It’s that simple.

Step 1: become a binance affiliate

Submit your application by filling the above form. Once our team evaluates your application and ensures you meet the below criteria, your application will be approved.

Step 2: create and share your referral links

Create and manage your referral links right from your binance account. You can track the performance for each referral link you share. These can be customized for each channel and for various discounts you would like to share with your community.

Step 3: sit back, relax and earn commissions

When someone signs up or registers an account on binance with your referral link, you can get up to 50% commission every time they complete a trade. So hurry up, join the program now.

See below if you qualify for binance affiliate program.

Business or an organization

- have a user base of at least 2,000 people

- market analysis platform with at least 5000 daily website visits.

- industry media platform/website

- aggregate trading platform

- social media influencer with at least 5,000+ followers or subscribers on one or more social platforms.

- community with a minimum 500 members

- financial industry leader

- blockchain industry opinion leader

- communities or groups, such as

How affiliates can earn more commission?

- when someone signs up or registers an account on binance with your referral link, you can get up to 50% commission every time they complete a trade. So hurry up and share your binance referral link across all your channels including your friends, followers & community members to maximize your rewards!

- the power to give discounts is now with you. Incentivize your followers, and community members to sign up using your referral link by offering them discounts up to 20% on trading fees! With binance, you and your friend, earn together!

- add your referral link to your social media accounts description to make it easier for people to find and use your binance referral link to open an account.

- you can place banner ads on your website. To download the binance affiliate design kit for ads, click here .

- creating original content using pictures, videos, and articles related to binance can help you build better communication about binance with your community and also attract your followers to use your referral link to sign up on binance.

- your followers will always value your insights on the blockchain industry. Use this opportunity to share your binance referral link with your followers.

- take the initiative to introduce binance products and new features to your channel’s users.

To apply, please fill out this form , and we will reach out to you.

7 binary options

Binary options affiliate programs

Becoming a binary options affiliate

By getting started with an affiliate program for binary option trading, you can begin to realize your goals for trading profitably and effectively. Becoming a binary options affiliate is as simple as helping to drive web traffic to sites for binary option trading by adding a link to the site on your own site. Binary options trading focuses on short-term price changes for various assets, allowing traders to speculate on whether the price will move up or down in a set time period, typically between an hour or less and up to a full week.

How binary options trading affiliate programs work

Binary options trading affiliate programs are a great way to make more money from your usual internet advertising endeavors. The key is forming the right partnership to fill your needs and meet your goals. Finding the right affiliate program is the most essential step for your success. The right program can make all the difference in your profits.

Because binary options trading often draws traders who are interested in trading a variety of assets, affiliate marketers are already appealing to individuals who prefer diversified offerings. This means it is fairly simple to drive traffic to binary options trading sites and earn extra income by getting involved with the right binary options trading affiliate program.

Recommended binary option robot:

Why you should promote binary options

Over the last several years, binary options trading has overtaken forex trading in popularity. Forex trading used to be the cutting edge of internet-based trading, but this is no longer the case, as binary options trading has forced a shift in market focus from one to the other. Binary options trading has gained popularity due to its simplicity and the ease with which a trader can get involved in the binary options trading market. The outlook for binary options trading is bright and there does not appear to be any indication of lost popularity.

The binary options trading market is also incredibly accessible. It’s available for anybody wanting to get into trading and often, brokers do not require a large initial deposit to set up an account and get started trading. Binary options trading offers traders the ability to increase their investment capital with different welcome bonuses and bonuses for re-deposited funds. There is no need for traders to download trading platforms because everything is based on the internet, making conversions much easier. Binary options trading is accessible to nearly any traders, either advanced or novice.

Benefits of becoming a binary options trading marketing affiliate

Binary options trading appeals to a large array of different sorts of traders; both those who have traded extensively and those who have never traded at all are equally drawn to the ease and availability of binary options trading. Many binary options trading affiliate programs have only been operating for a short time, but have already exhibited strong successes on increasing returns for affiliates. As binary options trading continues to gain popularity, the opportunities for affiliates to share in the upcoming successes also grow exponentially.

Affiliates will continue to see an increase in the interest surrounding binary options trading. As it becomes more well-known, more people will want to learn what it’s all about. That curiosity will allow affiliate marketers to drive web traffic in an ever-increasing flow to the binary options trading sites they’ve linked to, increasing the visibility of the trading site and the profits of the affiliate marketer. By becoming a binary options trading marketing affiliate, you’ll increase the amount of money you earn jut be driving traffic from your own site to that of a binary options trading broker. Being an affiliate requires very little from you and offers huge earning potential.

How to earn as a binary options trading affiliate

Your earnings as a binary options affiliate are dependent on the commission plan you choose. The most popular commission plans include:

The CPA or cost per acquisition plan – this commission structure works in the same way as other commission structures, except that it is intended to give rewards to affiliates who refer high-quality traffic, as well as high-frequency traffic. Affiliates using the CPA structure will receive higher rates when referrals make higher deposits.

The revenue share plan – this commission structure is based on net revenues generated by the clients you refer. When your referrals trade more often, the revenue they generate for you is higher. In general, when total revenue is under $10,000, you earn 25% commission. For generated revenues between $10,000 and $50,000, you’ll earn 30% and at levels exceeding $50,000, you earn 35% commission. One of the most important benefits of the revenue share plan is that so long as your referral continues to make trades, your income stream is not interrupted. This makes the revenue share plan an excellent way to generate passive income streams due to the long-term commitment of most binary options traders.

The hybrid plan – as its name suggests, this plan incorporates the best features of both the cost per acquisition and revenue share plans. This commission allows you to not only earn upfront payments as in the CPA plan, but also allows you to keep earning a passive income stream from your referred traders.

In summary

Becoming a binary options trading affiliate is a good way to realize higher profits and generate the best returns from your internet marketing endeavors. It’s an excellent way to generate income simply by placing a referral link for a binary options trading site on your own site and driving high-quality and high-frequency traffic to your partnered site. It’s a very good tool for ensuring you’ve got some support when trading on the binary options market because you’ll have access to an unmatched system of support, comprised of some of the most experienced traders in the arena of binary options.

By choosing to partner with a reputable and trusted binary options trading site, you’ll be increasing your income and giving yourself the opportunities associated with such a vibrant, growing trading segment. Below you will find the best binary options affiliate partners in the business and recommended by us 7BO.

The IQ option affiliate program

It goes without saying as many traders are already aware of the fact that IQ option ranks amongst some of the best and perhaps most popular binary options brokers in the industry. The company has a whopping 14 million plus satisfied client who use the broker to trade millions from across the world. One of the primary reasons for the immense success enjoyed by this broker is their low financial requirements, as well as the fact that they offer traders the latest and greatest technological solutions. Though being a seasoned broker is not a prerequisite when you want to make money with IQ option.

Other than trading joining the company’s affiliate program will help you become an IQ option’s business partner. Being a partner will provide you with a number of benefits. In this article, we will go over all of these benefits and leave a few for you to discover too.

The IQ affiliate program and support

Now by joining the IQ option affiliate program, you are in fact working with the broker to expand their network of clients as well as perhaps motivating other potential affiliates to join. Your job as an affiliate will be to invite people to join by opening an account and start trading. You are then rewarded for every person that joins by the company.

However, before you join the affiliate program be sure to familiarize yourself with what they have to offer. Also, go over their terms of service. We recommend that you read reviews and our review too of the service. Because IQ option is a huge company, they can provide you with a couple of advanced marketing tools which helps boost your efforts significantly. Plus, affiliates can also expect a good number of conversions, promotions for mobile apps and excellent support.

What’s so good about IQ option’s affiliate program?

As mentioned earlier one of their most significant selling points is the fact that they have a low financial barrier to entry compared to the competition. So, affiliates are asked to emphasize on the low minimum deposit which enables anyone to start off with a very small investment. Then there is also the fact that IQ option’s affiliate program offers affiliates some of the best commissions in the trading industry.

Affiliates can get up to 50% of everything that a company earns from each trader that you refer. Additionally, you will also get 5% to 10% of what the sub-affiliates earn. Now because IQ option is regulated and already very popular becoming an affiliate for the company is more lucrative than it ever was or than it is for any other company. You can choose from an array of payment methods by which to receive the commission, so there is nothing to worry about except for making sales!

Attracting traders and promotions

Reaching potential traders is no longer difficult. The internet makes it easy for businesses and affiliates to reach a large number of people from across the world. You are more than welcome to set up social media accounts like on instagram, facebook, and twitter, etc. To promote the broker. IQ option analyzes the user’s data and then sends them over to the landing page which is best suited to them which in turn increases conversions.

IQ option affiliates also benefit from clear and easy to understand analytics which helps to fine-tune their sales strategy. Obviously, there are many other ways of attracting potential traders apart from social media that you can use like e-mail marketing. You can also blog or start a website with affiliates links embedded into the text or call to action.

The most important thing for an affiliate is for the user to click on the link they are provided and then that should lead to them opening an account. After that IQ option does the rest. Also, given what the broker has to offer and in particular their low financial barrier to entry finding new traders is not difficult and consequently becoming an affiliate is rewarding.

Our experience with the IQ option affiliate program

Our personal experience as affiliates with IQ option has been outstanding over a considerable period of time. Everything functions very well in our personal experience and in the experience of others we know. Their service is reflective of the fact that they are a world class company and take their affiliates very seriously. We also like the fact that they approach affiliates very professionally.

The company’s response time is very good indeed. Each time we get in touch, they respond right away whether it is to sort out a problem or clarify things. That’s one of the reasons why we are still their affiliates. They have well-trained account managers. The managers are knowledgeable and can always be reached which is a testament to the fact that the system works well.

Perhaps the most important part of the brokerage for us is that they always keep their word when it comes to payouts. Funds, as promised, are released twice a month to an online account that you choose and which is in accordance with their policies. So, affiliates enjoy excellent commissions and a continuous flow of money to their accounts via sub-affiliates and traders that they have referred to the system.

Final verdict about the IQ option affiliate program

We think that IQ option’s affiliate program is one of the best solutions out there for entrepreneurs looking to make some money on the side online risk-free. IQ option is one of the most popular brokers around, and they offer many exciting features including low financial requirements for brokers. All of these features help to attract traders making the job of an affiliate easier.

The affiliate program is designed to ensure that traders continue to receive a steady flow of income via their commission structure. Affiliates continue to get a percentage of each cent the broker earns from the trader referred. Plus professional support and a great experience overall means that you have nothing to worry about. Joining the affiliate program will open the door to many other business opportunities too if anything its also an excellent step for anyone looking to test the waters of becoming an affiliate.

24option affiliate program

The extraordinary growth and strong expansion of binary options trading has been mirrored by the growth in the number of viable binary options trading marketing affiliate programs. The affiliate program offered by 24option is an essential part of this growth, allowing those who are already involved in the financial world, as well as those who design websites and others, to build a revenue stream by directing traffic to the 24options trading website. This gives affiliates the opportunity to transform website visitors into traders that help the affiliate gain and keep a reliable revenue stream.

24option is an outstanding choice for aspiring affiliate marketers. 24option was one of the first brokers to offer binary options trading and has exerted a considerable amount of time and effort in the development of its affiliate program. 24option’s affiliate program gives affiliate marketers access to 24option and grandoption, both offering very popular affiliate programs. 24option offers a wide array of marketing materials; those materials are also offered in several different languages, allowing affiliates to tailor their campaigns to various audiences. The commission and tracking facilities, as well as the account management, are some of the best on offer in the market today.

Downloads

Financial trading with binary.Com

If you are new at binary.Com and would like to start trading with us, this booklet is a very good point to start with. After reading it, you will know more about our brand and products as well as basic concepts on how to trade with us.

Level: intermediate
pages: 19

Secrets to smart trading

Learn how to take advantage of a full range of financial situations through binary options trading – no matter how bullish or bearish the markets happen to be – in this exclusive ebook.

Level: intermediate
pages: 50

Trading the forex market

Interested to trade the forex markets more effectively? Discover tools, strategies, and tips to enable you to make better decisions when trading currency pairs.

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Trade in the world's financial markets in a simple, user-friendly platform.

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Trading binary options may not be suitable for everyone, so please ensure that you fully understand the risks involved. Your losses can exceed your initial deposit and you do not own or have any interest in the underlying asset. In regards to binary options which are gambling products, remember that gambling can be addictive - please play responsibly. Read about responsible trading

Binary options signals - free options signals

By independent binary options signals provider

Free binary options trading signals will automatically appear on the page when the system sends it. You will also hear a sound when a new signal comes. Thus all you need to get the signals - be online. You don't need to refresh the page. The system will do it. In average you can get 120+ signals a day here.

By default, the service sends signals in GMT/UTC or GMT+0 timezone. You can change the timezone to your local timezone in the system settings menu.

The service (binary options robot) sends signals using short support/resistance levels. We strongly advise you to filter signals with additional indicators or longer SR levels.

So what does each signal show? In simple words each our signal gives a prediction and tells you that possibly at the end of a 15-minute candle which will close at "close time" the asset "X" will have the price "higher or lower" than "trade price". If that prediction was correct, the system marks the signal as won. We hope that this information will help you save time on market analysis. Please note that the way you use the information is entirely up to you.

In addition to that, we provide a few tools that can help you improve your performance. For each asset, you can set the price difference between our prices and your broker prices and apply a trade price threshold. Pay your attention that using the price threshold will influence on the results!

The automatic binary options robot system can not work well every day. During unfortunate market conditions, the service might send many losses. Do not use the service at that time: come back later or use another service.

Do not like to be online on the website? Get the same binary options signals and signals from other services directly in your telegram messenger. Buy the delivery of the binary options signals in telegram.

The translation was done by machine. There may be discrepancies. Saw a mistake? Want to help us? Have more questions about our services? Contact us.

Binary options signals - free options signals

By independent binary options signals provider

By default, the service sends signals in GMT/UTC or GMT+0 timezone. You can change the timezone to your local timezone in the system settings menu.

The service (binary options robot) sends signals using short support/resistance levels. We strongly advise you to filter signals with additional indicators or longer SR levels.

The translation was done by machine. There may be discrepancies. Saw a mistake? Want to help us? Have more questions about our services? Contact us.

Binary options trading

Binary options is a simple trading instrument that can be used to earn money by guessing the future of the forex, stocks, commodity and other prices. With binary options you either win if you guessed it right, or lose if you guessed it wrong. Binarytrading.Com is here to help you to win more often than lose.

You will find here information on binary trading brokers, some basic education concerning binary options, and guides that will help you improve your trading skills.

Hot broker!

Binary.Com

Binary.Com is the new, rebranded version of betonmarkets.Com.

Join one of the best binary trading websites. Enjoy pure excellence in trading conditions and customer service. Trade options on great variety of underlying assets and employ unique analytical tools.

If you have some ideas or suggestions on what should be included or listed on this website, please contact us.

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Binary options trading involve risk. Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it. It is not recommended to base your investment decisions on any information presented on or originating from binarytrading.Com. By browsing this website you express your acceptance of the terms of this disclaimer and that binarytrading.Com cannot be deemed responsible for any losses that may occur as a result of your binary option trading. Binarytrading.Com is not licensed or registered as a financial consultant or adviser. Binarytrading.Com is neither a broker, nor funds manager. The website does not provide any paid services. All content of binarytrading.Com is presented for educational or entertainment purposes only.

General risk warning: trading in binary options carries a high level of risk and can result in the loss of your investment. As such, binary options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to binary options or (b) any direct, indirect, special, consequential or incidental damages whatsoever.

Binary options signals - free options signals

By independent binary options signals provider

By default, the service sends signals in GMT/UTC or GMT+0 timezone. You can change the timezone to your local timezone in the system settings menu.

The service (binary options robot) sends signals using short support/resistance levels. We strongly advise you to filter signals with additional indicators or longer SR levels.

The translation was done by machine. There may be discrepancies. Saw a mistake? Want to help us? Have more questions about our services? Contact us.

Binary options trading

You will find here information on binary trading brokers, some basic education concerning binary options, and guides that will help you improve your trading skills.

Hot broker!

Pocket option

Pocket option is a binary options broker run by gembell limited. Even though the website seems like it is geared in part toward russian traders, it does accept traders from almost all over the world.

Join one of the best binary trading websites. Enjoy pure excellence in trading conditions and customer service. Trade options on great variety of underlying assets and employ unique analytical tools.

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Binary options brokers and platforms – reviews and comparison

We have compared the best regulated binary options brokers and platforms in january 2021 and created this top list. Every broker and platform has been personally reviewed by us to help you find the best binary options platform for both beginners and experts. The sortable broker comparison list below shows which binary trading sites came out on top based on different criteria.

You can sort the list using payout (maximum returns), minimum deposit, bonus offers or if the operator is regulated or not. You can also read full reviews of each broker, helping you make the best choice. Below the comparison list is some advice on how to pick the best trading platform for you, as this will often come down to your personal requirements and needs.

Top brokers in ukraine

How to compare brokers and platforms

In order to trade binary options, you need to engage the services of a binary options broker that accepts clients from ukraine. Here at binaryoptions.Net we have provided a list with all the best comparison factors that will help you select which trading broker to open an account with. We have also looked at our most popular or frequently asked questions, and have noted that these are important factors when traders are comparing different brokers:

What is the minimum deposit? (these range from $5 or $10 up to $250)

Are they regulated or licensed, and with which regulator?

Can I open a demo account?

Is there a signals service, and is it free?

Can I trade on my mobile phone and is there a mobile app?

Is there a bonus available for new trader accounts? What are the terms and
conditions ?

Who has the best binary trading platform? Do you need high detail charts with technical analysis indicators?

Which broker has the best asset lists? Do they offer forex, cryptocurrency, commodities, indices and stocks – and how many of each?

Which broker has the largest range of expiry times (30 seconds, 60 seconds, end of day, long term etc?)

How much is the minimum trade size or amount?

What types of options are available? (touch, ladder, boundary, pairs etc)

Additional tools – like early closure or metatrader 4 (mt4) plugin or integration

Do they operate a robot or offer automated trading software?

What is the customer support like? Do they offer telephone, email and live chat support – and in which countries? Do they list direct contact details?

Who has the best payouts or maximum returns? Check the markets you will trade.

We cover as many of these comparison factors as possible in our list above, but we go into much more depth within each review.

Regulated binary brokers

Regulation and licensing is a key factor when judging the best broker. Unregulated brokers are not always scams, or untrustworthy, but it does mean a trader must do more ‘due diligence’ before trading with them. A regulated broker is the safest option.

Regulated binary options brokers january 2021

broker	regulator	instruments
IQ option	cysec	BO, CFD, crypto, forex
binary.Com	malta GA	BO, CFD
bdswiss	cysec	BO, CFD, crypto, forex
nadex exchange	CFTC	BO, forex

Regulators

Leading regulatory bodies include:

Cysec – the cyprus securities and exchange commission (cyprus and the EU)

FCA – financial conduct authority (UK)

CFTC – commodity futures trading commission (US)

FSB – financial services board (south africa)

ASIC – australia securities and investment commission

There are other regulators in addition to the above, and in some cases, brokers will be regulated by more than one organisation. This is becoming more common in europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort.

Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.

Bonuses

Both sign up bonuses and demo accounts are used to attract new clients. Bonuses are often a deposit match, a one-off payment or risk free trade . Whatever the form of bonus, there are terms and conditions that need to be read.

It is worth taking the time to understand those terms before signing up or clicking accept on a bonus offer. If the terms are not to your liking then the bonus loses any attraction and that broker may not be the best choice. Some bonus terms tie in your initial deposit too. It is worth reading T&cs before agreeing to any bonus, and worth noting that many brokers will give you the option to ‘opt out’ of taking a bonus.

Using a bonus effectively is harder than it sounds. If considering taking up one of these offers, think about whether, and how, it might affect your trading. One common issue is that turnover requirements within the terms, often cause traders to ‘over trade’. If the bonus does not suit you, turn it down.

Demo accounts

Binary options demo accounts are the best way to try both binary options trading, and specific brokers’ software and platforms – without needing to risk any money.

You can get demo accounts at more than one broker, try them out and only deposit real money at the one you find best. It can also be useful to have accounts at more than one broker. For example, payouts for two different assets might be best at different brokers. You can shop around, and use whichever account has the best payout for that asset.

Demo accounts offer the best way to try out a brand, risk free. Likewise if we recommend a brand, you can try it first, before risking anything.

Low minimum deposits

If you are looking to get involved with binary options for the first time, low minimum deposit requirements may be of interest. For traders just looking to try binary options, a low minimum deposit broker might be best. A small initial deposit keeps risks low. Minimum deposits start at just $5 and there are a growing number of brokers offering low minimum deposits – “low” would be any minimum under $50.

Likewise, all brokers will have a minimum trade requirement or trade amount too. These can vary greatly between platforms. Minimum trade figures range from $1 to $25 – which is a large difference if a trader plans to trade frequently. For some traders, this might be less of a factor in terms of finding the best broker for them, but for others it will be very important. Practice accounts are a zero risk way of learning to trade.

Payouts

One element many traders use to find the best binary options trading account, is the payout percentage on offer. This is not always a simple comparison however. Payouts will change based on the underlying asset being traded, and the expiry time of the option. In addition, payouts will change as the broker manages their own risk. So if one broker was originally the best price, things may then revert and mean that another now has the top payout.

So the most an investor can do, is to check the payouts for assets, and expiry times they are most likely to make, and judge which brand offers the best terms most often. Demo accounts are good when researching payouts on specific assets and trades.

Exchange traded and over the counter brokers will have different payouts – and they will not be easy to compare. In general, exchange traded options offer superior value. Nadex are one example of an exchange.

So as you can see, finding the best trading account and broker is not always easy – but it is worth noting that you are free to move between brokers whenever you like. So even if an account turns out to be poor, it is easy to up sticks and find a new trading firm. Likewise, a trader could have multiple accounts, and open trades at the broker with the best terms for that particular trade.

Which is the best binary trading platform?

Naming the best trading platform is not easy, simply because trading platforms and proprietary (bespoke) software are normally a question of personal taste. One user might like a simple layout, while others might need a lot of data on screen all the time.

However, platforms do have different levels of quality, both in terms of ease of use, and features. Broadly speaking, brands which offer contracts for difference (cfds) in addition to binary options, deliver a more feature-rich trading platform or advanced software.

So the likes of nadex and IQ, will deliver a very professional trading platform. Metatrader integration is also normally provided at the more professional brokers (some use both mt4 and mt5 functionality) . This difference in quality is evidence of the maturity of binary options as a product, but binary brands will catch up very quickly.

Intro to the IQ option platform

How do brokers make money?

Binary options brokers make money via one of two business models:

As a counter-party, ensuring an ‘over round’ via payout percentages. Known as ‘over the counter’ (OTC)

Via a spread or commission on an exchange traded model

People who have experience of other forms of trading, and are now approaching over-the-counter (OTC) brokers for the first time may find themselves asking the question: “where is the commission?”.

With OTC binaries however, there is no commission. In theory, the term ‘brokers’, is not correct. Binary firms are not arranging a deal or acting as a middleman, or as a market maker; what they are, is the counter-party to each of their customers’ positions. So there is no fee or commission for the trade. Instead, each customer is essentially betting against the house. Where brokers have both sides of a trade covered, they have a handsome margin. Where they do not, the payout still gives them a level of protection. In certain circumstances, the broker will also hedge it’s own position to mitigate risk.

Those companies (nadex, for instance) that trade binary options via an exchange operate much more like a ‘broker’. Unlike the OTC market where the platform is the counter party, with exchange traded options, the broker is the middleman – matching buyers with sellers and charging a commission. This charge is normally hidden within the spread, rather than an explicit cost. There is far less risk involved for the broker, and therefore generally better returns per trade for the trader. Brokers can be actively compared using the spread – the tighter the spread (difference between buy and sell prices) the cheaper it is to trade.

Brokers using the spread model often also offer leverage, or trading on ‘margin’ via their software. This increases the trade size for the trader – and profit for the platform.

Should you use multiple brokers?

There are some very good arguments for having more than one binary trading account:

Brokers suit certain trades. Different brokers will suit different trading styles, or trade types. So one broker might be excellent for shorter term trade types, and have great payouts on forex pairs. But that same brand may be slightly less good when it comes to offering boundary trades or indices payouts. If a rival had a full set of long term expiries with great payouts, and lots of choice of boundary trades – it makes sense to have accounts with both platforms, and place trades with the broker that offered the best deal for each trade.

Demo accounts. Multiple demo accounts makes perfect sense – you want to try as many brokers and trading platforms as possible before deciding where to trade.

Reduce risk. Accounts at more than one broker protects you from any issues with a particular firm. From issues as serious as insolvency, to smaller things, like website downtime, software issues or a market being closed – multiple accounts reduces your risk of being affected by any hardship a broker might face.

Multiple offers. Each sign up can mean a new bonus, so it might be worthwhile taking up more than one account to receive all the offers. As ever, read the terms – and also note that on occasion, larger deposits might mean larger bonuses – so splitting them may not be the best choice.

Spread winnings. Some brokers may look for winning traders on their books, with a view to restricting their trading, perhaps limiting trade size – or worse. While this threat is thankfully small, multiple accounts means spreading the winnings out. Most brokers will search for “winners” based on total profit rather than strike rate, so hiding the volume across broker accounts can help you stay below their radar.

Exchange versus OTC (over the counter) brokers

Exchange brokers

A broker that offers an exchange is much closer to a traditional ‘broker’ than OTC brokers. An exchange performs the job of ‘middleman’. They will match a seller of an asset, with a buyer of the same asset, and charge a commission for putting the deal together. The market itself will decide the prices – if there are more sellers than buyers, the price will drift down until demand rises. If there are more buyers than those willing to sell, the option price will rise.

A broker operating an exchange does not mind who wins and who loses. They take no risk on the trade themselves (unless the traders are trading on credit). The broker will make their commission on the trade regardless of the outcome.

Due to this reduced risk for the broker, the returns for a winning trader are generally larger. Commissions are usually small relative to the size of the trade, meaning they do not impact the payout too much. Other benefits include the fact that stop losses can be applied, and also that trades can be closed at any time (to take a profit or reduce losses).

The complications with exchanges, comes from the structure. An exchange traded binary option will “trade” somewhere between 0 and 100. Where 0 is the figure used where an event did not occur, and 100 where it did. If the current price is currently 30, a ‘buyer’ would risk 30 times his trade size, to potentially win 70. A ‘seller’ therefore, would risk 70 to win 30. While not a complicated equation, it is slightly more complex than the straight forward over the counter option.

OTC (over the counter) brokers

The most common type is the over the counter (OTC) broker, but this type of firm is not really a ‘broker’ at all strictly speaking. They are the counter-party to one side of the trade. So where a trader opens a position, the broker will win or lose money, based on whether the trade wins or loses. Only where the broker has another trader who has made the exact opposite trade, will they have assured profits.

Due to this increased risk, the brokers will offer a lower payout which mitigates some of the risk they are taking. It is therefore likely to be lower than an exchange traded broker. Some firms will also have built in ‘hedging’ mechanisms to reduce risk further. In some cases, one side of trade might be made unavailable if liabilities get too large.

The simplicity of binary options is retained with OTC brokers. They have also made great strides in competing with exchanges by offering ‘cash out’ values for options, allowing traders to close positions early, and set up stop losses. Once those features become common the gap between OTC and exchanges will get smaller. For now, traders are better off trading on an exchange – but might be advised to learn the differences via demo account.

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Payment methods

Deposit and withdrawal options do vary at each brokerage. Each of our reviews will explain which each firm offer, but below is a list of the most common options.

If you are looking for brokers that support a specific payment method:

Neteller

Paypal

Skrill

Webmoney

Paysafecard

Ukash

Visa

Amex

Bitcoin

Wire transfer

Credit cards / debit cards

All of the factors covered above will ultimately affect the way a trader plays the market, and therefore, their profitability. The ideal situation is to get a binary broker that offers:

Several financial assets spread across several markets

Offers a reasonable bonus with a good payout approaching 90%

Offers flexible expiration dates without boxing traders into very long expirations.

Trading using a broker’s platform will only be enjoyable, and profitable, if you are using a reputable operator. You also need to choose one that suits your trading style best – only you will know what that is. Read the above binary broker reviews carefully before making that crucial trading decision, but remember you are not tied in to any single broker, and can pick and choose.

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