Top Binary Options Brokers

Updated August 2017

Here at Forex Trader HQ we always aim to provide you with the latest information on Binary Options. There are many great brokers out there, but unfortunately, there are some brokers that are just there to steal your money. We expose these crooks for what they really are during our investigations and only recommend the best brokers in the industry!

We only bring you the top, and most reputable, brokers in the industry. Take a look at the table below to see our top picks, or search for a specific broker in the search box below.

Rating: 4.7.
BinaryMate> 90%
Rating: 4.5.
IQ Option> 90%
Rating: 4.6.

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Frequently Asked Questions

What Are Binary Options?

Put simply, Binary Options are trades that require you to predict in which direction the price of the asset will change. The reason they are called “binary” is that it is a binary choice – you only need to specify whether the asset price will increase or decrease, simple!

When the option expires, you will gain money is your prediction was correct. Binary Options are one of the most popular trading options.

Looking for a quick video explanation? Check out our YouTube channel by clicking here

What Is A Binary Options Broker?

To trade binary options you need to work with with a binary options brokerage. The broker serves as your portal to the binary options trading world.

In general, you deposit some capital with the broker which you can then use to place trades. Trades are placed using the brokers platform which usually runs in your browser.

Deposits and withdrawals always go via the broker, so it is best to make sure you choose a genuine broker!

How Should I Choose a Binary Options Broker?

We have reviewed the top brokers in the industry so you can be confident that all brokers listed on Mr Binary Option are genuine and legitimate. The list is regularly updated and we have a keen eye to spot the scambrokers in this sector.

You can have confidence in our reviews and we are always completely honest with our opinions and investigations. For as many good brokers there are out there, there are, unfortunately, some dubious ones you should stay away from.