Easy Binary Option

Independent coverage of binary options since 2012 — legal status, licensing and what replaced the product.

Binary Options Brokers

Most of the brands that defined this industry no longer exist. These reviews are kept because the brand queries persist and the pages carry real links, but closed operators are labelled as such at the top of each page.

Before any broker page: binary options are prohibited for retail clients across the EEA, the UK, Australia, Canada and Israel. Check your jurisdiction first — a broker accepting you does not mean your regulator permits it.
There are many binary option brokers which allows you to select from virtually hundreds of brokers. The reason for this overwhelming number of brokers is that it’s relatively simple to get a white label trading platform and offer binary option trading. This is great for all traders. First of all, they can choose between many different brokers. Second, competition is great for all traders and all those brokers are fighting to get you as a trader. They will offer great customer support and a promising promotion program. This ensures that you can enjoy binary option trading at its best. For novice and intermediate traders we highly recommend IQ Option, world's leading binary options broker with a huge variety of assets, a free demo account, their very own platform that is superior to anybody elses and a small minimum deposit of only $10 with $1 option sizes. Perfect for starting out.

Click here to take a look at IQ Option

Best Binary Option Brokers

Providers still offering binary options

Ranked by our published methodology, which weights licensing at 35% — on an unsupervised counterparty every other quality is contingent. Ratings are derived from the sub-scores, not assigned.

# Broker Rating Entity holding your funds Min. deposit Payout
1 Deriv 7.9 Deriv (BVI) Ltd / Deriv (V) Ltd $5 up to ~95% on synthetics Visit
2 IQ Option 5.1 IQ Option Ltd (international) — unregulated $10 up to ~95%
3 Pocket Option 4.7 Gembell Limited (Comoros) $5 up to ~92% Visit
4 Quotex 4.6 Awesomo Ltd — unregulated $10 up to ~98% Visit
Regulated alternative — does not offer binary options
— Exness 8.8 FSCA (South Africa) — ODP · FSP 51024 $10 n/a — CFDs and FX only Visit

Advertiser disclosure: buttons marked ad are affiliate links and earn us a commission if you open an account. The others do not. The ranking is derived from the published sub-scores either way, which is why the highest-rated provider here is not the one that pays us.

It’s not that easy to find the very best binary option broker. The broker that we call the best broker might not be the best in your eyes. It’s all about your preferences and when you prefer a broker with a certain payout structure or deposit options, then you might rate this broker higher than the other.

More Brokers

Providers still offering binary options

Ranked by our published methodology, which weights licensing at 35% — on an unsupervised counterparty every other quality is contingent. Ratings are derived from the sub-scores, not assigned.

# Broker Rating Entity holding your funds Min. deposit Payout
1 Deriv 7.9 Deriv (BVI) Ltd / Deriv (V) Ltd $5 up to ~95% on synthetics Visit
2 IQ Option 5.1 IQ Option Ltd (international) — unregulated $10 up to ~95%
3 Pocket Option 4.7 Gembell Limited (Comoros) $5 up to ~92% Visit
4 Quotex 4.6 Awesomo Ltd — unregulated $10 up to ~98% Visit
Regulated alternative — does not offer binary options
— Exness 8.8 FSCA (South Africa) — ODP · FSP 51024 $10 n/a — CFDs and FX only Visit

Advertiser disclosure: buttons marked ad are affiliate links and earn us a commission if you open an account. The others do not. The ranking is derived from the published sub-scores either way, which is why the highest-rated provider here is not the one that pays us.

How to choose a binary option broker

Choosing the right binary option broker is also a tough decision especially when you consider yourself an advanced trader with certain needs. As novice trader you may have no problems picking any broker. If you’re not that familiar with binary option trading you may even see no difference between these brokers. That does not mean that you should not pay attention to our broker reviews and just select a broker that looks good to you. Actually, the reverse is true. You should read our broker reviews and take a closer look at all those recommended brokers. Chances are that you will find the very best broker for your needs when you do so.

VIP traders with high deposits

In case you consider yourself a VIP trader and make x,xxx deposits and more, you should definitely take some time and consider a broker that is giving you the best trading experience and treatment and knows how to take care of VIP traders. Just take a look here: Best Brokers for VIP Traders. We got it all covered.

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Risk warning: binary options are high-risk speculative instruments and most retail accounts lose money. Nothing on this page is investment advice or a recommendation to trade.