Binary Options Australia 2020 – Top Picks (40+ Brokers Tested)

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

Binary Options in Australia

The #1 Binary Options Trading Guide for Australian investors. On this website you will find strategies, tips and the best Australian Binary Options broker reviews.

Start trading 100+ stocks, currencies, commodities and indices. You should start by picking one of the trusted brokers at the top of this page.

Where To Start?

  • HighLow Review: Highlow is one of the best trading platforms. The company is registered in Australia and they have an Australian ASIC license.
  • EasyMarkets Review: One of the best Australian brokers. They don’t offer binary options trading, however you can trade CDFs on forex, commodities, cryptos and indices.

More and more Australians are looking for the best binary options brokers. That’s no wonder, considering the success and ever-growing popularity, that binary options trading has at the moment.

One of the fastest and easiest ways of earning profits is to use binary options trading here in Australia. It is also possible for you to earn bonuses and other great extras.

The best alternatives to binary options brokers are Forex Brokers, CFD Brokers and Bitcoin Brokers.

There are some brokers that are regulated in Australia, while others are regulated in Cyprus, Europe, but they all accept Australian traders. In addition, they even accept all the payment methods preferred by Australian traders.

If you don’t have a trading strategy yet or if you want to try auto-trading then we recommend BinBotPro.

Forex, Cryptocurrency and CFD Trading For Australians

Name Min. Deposit AU License Features Review
$100 YES + ASIC License FREE ACCOUNT

What Is Forex Trading?
The best alternative to binary options trading is Forex/CFD/Crypto trading. Forex has been around for longer than binary options, and there are many safe and licensed forex brokers.

The main difference between forex and binary options is that with forex there are no limits to how much money you can make or lose. Of course there are tools to control this (like stop loss). Also you are not limited to any timeframe. You decide when you want to open or close a trade. Forex is more flexible than binary options.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

Best Binary Options Robot For Australians

Name Min. Deposit Max Returns Features Review
AU$250 90% + FREE SOFTWARE FREE ACCOUNT

What Is A Binary Options Trading Robot?
If you are looking for an automated way to trade binary options, then a trading robot is for you. With these robots, you can trade even when you sleep. Just make the necessary settings in the software and start trading. The BinBotPro software is free, if you sign up through one of their recommended brokers.

Yes, there are no laws that restrict binary options trading to Australians. Most brokers that we recommend on this website have an ASIC license, which means that they have an official license in Australia. Most of these brokers have their headquarters in Australia. Take a look and compare all licensed binary options brokers and pick one that you think suits you most. Make sure you sign up with one of the top binary trading sites for Australians.

We recommend that you pick a broker with an Australian Securities & Investments Commission (ASIC) license. This way to can make sure that your funds are safe.

Binary Options Trading for Australians

We will show you how to get started with binary options trading. After you have picked a broker, registered and logged in, a drop down menu will appear on the screen as follows:

  • Select an asset and time of expiry for your binary option.
  • Click on assets and a list will appear with their expiry time.
  • Once you have analyzed the information, press the select on your chosen asset.
  • Next you need to choose either Call or Put option. When you have done this, a current price will appear on the screen. It will also show you the expected payout on your investment letting you see how much profit or loss is involved.
  • Put in the amount of cash you want to invest. You can base this on the amount of money you will make if the option expires in the money.
  • When the time has expired you will see n the screen the price of the asset. You will then be able to see if you have made or lost money. If you have predicted correctly and your binary option expired in the money you will get the money projected in the initial investment. If you have predicted wrongly, and you end up out of the money, many of the brokers in binary options trading Australia will refund 15 per cent of the money you invested.

Online binary options brokers make it simple for you. These types of brokers are not middlemen in that there is no bargaining with them and they are not paid any commissions. In Australia, they also call them binary options trading platforms. These brokers are well set up in the financial markets and their support is usually very friendly and responsive. Everything is made easy for you as there are no agents to deal with making it a good investment option.

Trading options in your country is as easy as signing up and depositing with your favorite payment method. Most binary options brokers accept all credit and debit cards, bank wire and skrill, but you can find our more about the best binary options brokers that accept all payment methods.

The first step is to register and in no time you will be an investor on an online brokerage, but before starting to trade it is worth your while to read the training guides. There is no registration fees required from the majority of brokers. You do, however, need to open an account at the time of registration and make an initial deposit. Once this is done, you are ready to start investing.

You are now trade in binary options trading Australia from anywhere as long as you have an internet connection. Enter the site of your broker and immediately begin to deal electronically.

Best Binary Options Broker In Australia

HighLow is the most popular and trusted Australian binary options broker. All traders get a special welcome bonus. This broker offers a huge variety of payment methods and their support team is top notch. > Find out more

Other Good Binary Options Brokers Australia

VantageFX is one of the best AU binary options brokers, because it is actually based in Australia. You can’t go wrong with this company, because it is considered to be the safest choice. The minimum deposit is only $100 for a limited time. > Find out more

Binary Options Trading Australia

Binary options is a completely electronic or digital method of trading, without any hassle and you can make huge profit in one day as the turnover is hourly. Another benefit is that there is no need for you to be a financial or economic genius. All relevant information is displayed on the screen and is user friendly, enabling you to make a decision.

If you are unsure where to start, you can check out binbotpro the auto-trading binary software.
Here is a list with all binary options brokers that accept Australian traders (we only recommend the licensed brokers):

Name Bonus Deposit Payout % Visit
HighLow 100% AU$50 200% Visit Broker
VantageFX 100% AU$100 85% Visit Broker
BinBotPro 100% AU$250 90% Visit Robot

Best International Binary Options Broker

Finrally accepts traders from all countries including Australian traders. They have a great welcome bonus of up to $250 on your first deposit. Finrally does not have an ASIC license but offers a better bonus and more assets to trade. The minimum deposit is $250 and the average payout is 90%. Sign up here.

Binary Options Signals Australia

If you are new to binary options trading and you don’t have a winning strategy yet, you can always try a binary options signals service, also called binary options robot. These signals will give you ideas on which assets you should invest next. Some binary signal providers have success rates of

Best Forex Brokers Australia

We recommend that you choose regulated brokers only with an ASIC license.

Top Rated Forex Brokers For Australians

Forex Broker Min. Deposit AU Regulated Trade Review
$200 Forex, Bitcoin, CFD TRADE NOW
$100 Forex, Crypto, CFD TRADE NOW
$100 Forex, Crypto, CFD TRADE NOW

You don’t have to register with a local broker, there are numerous advantages to doing so.

For instance, the Asian market is a lot more available to you, there is a more solid connection with local banks, and you can expect better customer service. Of course, not all brokers provide services that are on par with one another.

Australian Forex Brokers

The following brokers are based in Australia. This means that their head offices are in Australia, and the banks are also there.

1. AvaTrade

AvaTrade first offered its services in 2006 in Ireland and since then has opened up offices in Australia (Sydney), the U.S, Japan, Italy, and various other regions. One of the main reasons that AvaTrade finds itself on this list is because of well licensed and regulated it is. In Australia, it falls under the purview of ASIC. The broker is also regulated by numerous other regulatory agencies across the world.

The other advantage with this broker is that the deposit amount is relatively low. AvaTrade offers just one account and traders simply need to deposit $100 to begin trading with them. The leverage is offered at 400:1. AvaTrader offers one of the most competitive spreads with fixed and variable, and floating spreads starting from 0.9 pips.

The instruments traded by AvaTrade include forex, commodities, binary options, CFDs, metals, oil, gold, indices, and even cryptocurrencies. The broker relies on a large variety of platforms. These are MetaTrader 4, AvaTradeGO, AvaTradeAct, MT4 Floating Spreads, and AvaOptions. There are also mobile trading options. In addition to first time bonuses, beginner and expert traders also have access to a considerable number of educational resources regarding the forex market and trading.

2. Pepperstone

Pepperstone was actually founded in Australia in 2020 but has expanded to set up headquarters in America and China. Based in Melbourne, Pepperstone is regulated by the ASIC and has won numerous awards excellence in both brokerage services as well as customer service. You can read the full pepperstone review here.

This broker has four accounts, with the Edge Standard and Edge Swap Free requiring no commissions and relying on STP spreads instead. The Edge Razor and Edge Active Traders charge $3.5 for every 100,000 trade. The Edge Razor uses spread pips from 0.1. The leverage offered is 500:1. The minimum amount of money that you can deposit in an account is $200.

In addition to forex, Pepperstone has over seventy tradable instruments. This includes gold, commodities, CFDs, etc. For platforms, this forex broker uses MetaTrader 4, MetaTrader 5, and cTrader. Pepperstone ensures segregated client accounts so that trader’s accounts will always remain separate from that of the trader. These accounts are held by the National Australia Bank. This broker also offers the opportunity to deposit funds from over ten payment avenues. There are various educational tools including trading guides. Pepperstone is a forex broker that caters equally to novice as well as expert traders.

3. FXCM

FXCM are one of the first brokers to offer internet-based trading to their clients. Their success in the United States prompted them to open offices in Sydney, Europe, Asia, and the Middle East. The Australian branch of FXCM is regulated by ASIC. Traders can open up one of three accounts with the broker.

There is the Mini, Standard, and Active Trader. Each of the currency pairs can be traded depending on a spreads only, spreads and commission, or spreads and reduced commission. The spreads can vary from 0.4 to 3.1 depending on the account as well as the currency pair. Dependent on the account, the leverage offered can be 100:1, 200:1, and 400:1.

FXCM relies on three trading platforms – MetaTrader 4, Trading Station, and NinjaTrader. The platforms cater to traders speaking numerous languages. Along with forex, traders can deal with commodities and indices as well. There are plenty of services offered. There are also trading guides and other educational resources for beginners. The broker also has reliable customer service which is offered 24/7.

4. IC Markets

IC Markets, frequently referred to as ICM, offers competitive pricing and services, making it one of the more sought after brokers in Australia. Acclaimed in Australia this broker is also one of the best forex brokers in the world.

There are three account types that traders can sign up for with ICM. This is the standard account, the True ECN account, and the cTrader account. The standard option doesn’t carry commission and has spreads starting from 1.0 pips. The True ECN account charges $3.5 commission for every load. The cTrader account charges a $3 commsion for every US $100K. There is a minimum deposit requirement of $200. The maximum leverage offered is 500:1.

ICM uses MetaTrader 4 and cTrader as trading platforms. There are further features available with these options for a more customized trading experience. ICM is perfect for day traders, scalpers, discretionary traders, and EAs. One of the main advantages of registering with such a broker is the versatility that it offers, including being able to make deposits in nine different currencies. The broker also offers twenty-four hour customer service, seven days a week.

5) Go Markets

Go Markets is an Australian based broken that began welcoming traders in 2006. The broker has a valid license from the Australian Financial Services, having a ASIC regulation. Go Markets is also authorized and licensed in numerous other regions including the Middle East and the UK.

The brokers offer two trading accounts for traders. There is the Standard and the Pro option. The standard requires a minimum opening deposit of $500 while the Pro is active after a $1000 deposit. The maximum leverage is 300:1. For the Standard account, the spreads start from 1.1 pips and the Pro has spreads upwards of 0.1 pips. There is only a commission charge with the Pro account, which is a small AUD 3.5 for each side.

Go Markets works with MetaTrader 4 and has other trading tools to offer such as MT4 Genesis. The education center for this broker is quite impressive. There are guides on how to be a better forex trader as well as video tutorials on how to use the platform.

ASIC Forex Brokers Australia

ASIC stands for Australian Securities and Investments Commission, which is a financial services regulator. All brokers that have an ASIC license are considered to be a lot safer, than unregulated ones.

The reason is that ASIC makes sure that the brokers:

  • are operating in a legal way
  • the funds of their clients are safe

We always recommend picking as ASIC regulated broker.

These are some of the best forex brokers in Australia. If you are looking for a broker, remember to only sign up with licensed brokers that are regulated by a local regulatory agency.

ABTA Magazine – March 2020

The latest issue of ABTA Magazine, created by Waterfront Publishing. In this issue, Emily Eastman heads to Jordan, one of ABTA’s destination. See More

ABTA Magazine – March 2020

Published on Mar 4, 2020

The latest issue of ABTA Magazine, created by Waterfront Publishing. In this issue, Emily Eastman heads to Jordan, one of ABTA’s destination. See More

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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