The Binary option systems market has multiplied 8 times since it began less than a decade ago. That’s the kind of growth rate it has. Its simplicity and uncomplicated operation has attracted many investors across the globe. Veterans and novice both have experienced and tasted great success in this market but one of the main underlying secrets to their success in the choice of a broker. Trading in Binary Options is not difficult but picking the right broker is as good as winning half the battle. If you are capable of finding a broker that you can trust and feel secure with, you are bound to accomplish your dreams of becoming rich.
We have tried to list down the Top 10 Binary Brokers in the market for you. Brokers are allocated based on an investor’s geographical location. Based on our research, these 10 brokers are highly reliable, authentic, effective and genuine:
- Banc de Binary
- Boss Capital
- Porter Finance
- Trade Rush
Here are some of the things that you need to lookout for to ascertain if a broker is genuine or not;
- Larger and Small Trades– if a broker is genuine then the volume of the trade in the binary options market should not be a consideration for him. They should be happy to help you even if you make a small trade comprising a few dollars. This is how you know a website is a scam; if they expect you to trade only above a certain value, and then be alert as they could be a spam.
- More Choice of Signals: a healthy and real website will offer multiple signals a day, thereby broadening the choice of the investor to pick from the best deal that would suit his/her need and risk bearing ability. One wouldn’t be forced to pick from a compressed and saturated platform, rather they would be given the freedom o explore the multiple signals and then take a sound call on their investments.
- No Restrictions on Exit: this is something you need to carefully watch out for. Ensure that the broker does not restrict you to making any maximum amount of profit in a single trade or in a time frame. If they are genuine then they should be happy to see you earn profits. Also lookout for terminating policies. Some brokers do not let you terminate if you have a large amount of profit or they make a fuss over you withdrawing all the profits at one time. An authentic broker would not put such fussy restrictions. These would definitely be a scam.
Thus, to be on the safer side it is best to opt for brokers about whom enough is revealed and testified. We have shared a few results with you but it would be good if you could spend some time in understanding the features of the broking platforms and then take a sound decision that will safeguard you from any unnecessary losses.