Best Binary Options Bonuses

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 Option Bonuses

​A binary options bonus is an incentivized offer from a broker to attract new traders. These funds can be used to trade binary options on their platform or to help mitigate losses while trading. Most bonus offers come in the form of a welcome bonus or a deposit match bonus.

In this guide, we provide a review and breakdowns of some of the best binary trading bonus offers on the market, based on:

  • Total of the bonus (relative to the deposit)
  • Restrictions outlined in terms and conditions
  • Ideal experience-level of the trader for each option

If you know how the bonus process works, you will be better able to select ​a binary trading broker that’s right for you. Whether you’re a first-time or an experienced trader, you can use this guide to find what works for you.

Table of Contents

​The Best Binary Option Bonuses of 2020

RaceOption​ – 20-50% Deposit Match

RaceOption’s deposit bonus matches a percentage of the initial deposit a trader makes to their account. A calculation tool on the website helps first-time traders to determine their reward.

The sliding scale deposit bonus match ranges from 20% to 100%, favoring more significant deposits. The lowest deposit of $250 sees a 20% deposit match bonus, which equals a total of $300 available on the trading account. By comparison, a deposit of $1000 gets a 50% deposit match, bringing your available total to $1500. To see a full 100% deposit match bonus, traders must make an initial deposit of at least $3000.

Terms and conditions attached to this bonus offer include:

  • The binary options broker can terminate or refuse the offer with no notice or reason
  • Only offered to new account-holders upon their initial deposit after registration
  • 3-time turnover rate
  • You cannot withdraw or trade bonuses separately from the deposit

The deposit bonus with RaceOption is less about gaining experience and more about helping binary option traders open higher volume positions. It is better for more experienced traders who can guarantee the turnover necessary to withdraw winnings.

BinaryCent​ – 100% Deposit Match

BinaryCent’s sliding scale deposit isn’t 100% across the board. Its rewards for higher-level deposits incentivize experienced traders to deposit a more substantial initial sum. It works like this:

  • Low-level deposits receive a 20% deposit match bonus
  • Mid-level deposits receive a 50% deposit match bonus
  • High-level deposits receive a 100% deposit match bonus

To illustrate what this means, use the broker’s calculation tool available on its website. Deposits of $250 receive a 20% deposit match equating $300 of available funds. Large deposits of $3000 get a 100% deposit match, leaving a total of $600 to trade.

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!

The difference between BinaryCent’s sliding scale and RaceOption’s sliding scale lies where the companies’ benchmark percentage increases. For $1000 at RaceOption, you get a 50% increase. At BinaryCent, it’s only 20%.

The terms and conditions between the two binary option brokers are almost the same. BinaryCent’s terms include:

  • The broker can terminate or refuse the offer with no notice or reason
  • Only offered to new account-holders upon initial deposit after registration
  • 3-time turnover rate
  • You cannot withdraw or trade bonuses separately from the deposit

Like RaceOptions’ deposit bonus, this deal from BinaryCent​ works for first-time traders but is ideal for more experienced traders who can navigate the market and turn over their bonuses quickly.

Pocket Option​ – $50 No Deposit Bonus

PocketOption.com’s no deposit bonus gives new account-holders the chance to trade up to their $50 limit at no personal risk. The broker offers benefits for this bonus like:

  • No commission collected on winnings
  • $10 minimum withdrawal amount
  • No deposit necessary to receive the bonusApplying for the trading credit involves setting up an account with the brokerage and contacting a support manager. Pocket Option pays out the deposit bonus before the trader deposits any funds. The terms and conditions attached to this bonus include:
    • Only offered to new clients
    • Traders need verification before making withdrawals
    • Pocket Option can terminate the offer with no notice or reason

    ​The Pocket Option bonus is perfect for first-time traders. The bonus allows first-time traders the freedom to trade utilizing the broker’s platform completely risk-free. Coupled with the company’s demo service, new traders gain valuable experience before entering the market with their own funds. This incentive means they are more likely to succeed and trade effectively for maximum profits.

    Types of Binary Options Bonuses

    There are several ways that binary brokers award deposit bonuses to traders. Depending on the brokerage, traders may gain access to welcome bonuses, no deposit bonuses, or risk-free trade bonuses. It is crucial to know the difference so that you can maximize your profits.

    Welcome Bonus

    This ​type of binary options bonus is common among binary options brokers. They are often available to first-time traders who are setting up their first account with a top broker. First-time traders can benefit from welcome bonuses, as the bonus gives them the funds to explore the world of trading binary options on a deeper level.

    The way welcome bonuses work is simple. The bonus is available solely to new account holders. Upon their first deposit, they access this bonus, which is typically either a match of the deposit or a previously set figure. Sometimes, it can even be a percentage of the deposit. The scaling incentivizes traders to make a larger deposit, to gain a more substantial bonus.

    No Deposit Bonus

    Trading binary options without the risk of financial loss? The No​ Deposit Bonus makes it possible for new traders to gain their sea legs in trading without supplying funds of their own. It allows first-time traders to test out the market risk-free.

    The No-Deposit Bonus is a common tactic that brokers use to draw in new clients. The hope is that these clients will feel more comfortable working with them, as the experience won’t require any of their own money. Traders then eventually return with funds of their own to continue trading.

    Risk-Free Trade

    Many binary options brokers offer risk-free trades as an opportunity for new clients to acclimate to the market without risking funds of their own. Risk-free trade means that the company with which you open an account allows you to trade with their funds. If the client loses, the broker loses money at no cost to the trader. If the trader wins, they get to keep the profit.

    Brokers can offer anywhere between one and five risk-free trading bonuses. The only thing to watch out for with multiple trades are the conditions. Examples of conditions include:

    • Profits available immediately as a cash withdrawal
    • ​Binary option profits must undergo trading a set number of times before being withdrawn

    The more risk-free trade bonuses you accept, the more likely it is that there will be conditions attached to your access to the profits.

    ​Terms and Conditions To Be Aware of

    Brokers don’t merely hand out ​trading bonuses. They often incorporate terms and conditions that control how traders can use the funds. Terms and conditions can affect:

    • Access to your initial deposit deposit
    • Access to the profits you win

    Access to Your Initial Deposit

    ​Binary options trading brokers can lock deposits so that you can’t access them until they turn over or until you’ve reached a predetermined time limit has passed. The companies can do the same with winnings. Be sure to educate yourself on the way that your brokerage makes your funds available.

    Withdrawal Restrictions on Winnings

    Most bonuses don’t lead to an immediate ability for traders to withdraw winnings. They make use of restrictions that inhibit withdrawal. Common restrictions include:

    • Time limits on when the trader can withdraw winnings
    • Trade minimums met in dollar amounts that impact your access to winnings
    • Turnover requirements for winnings to trade several times before withdrawal
    • Locked deposits that you cannot take out again until they have turned over

    Know your way around the terms and conditions. This way, you can ensure you optimize your trading experience for the most considerable profit.

    The Takeaway

    ​A binary options bonus is an excellent incentive that can give you a leg-up when starting with a new broker. They work wonders for both novice and experienced traders alike. As long as you know how they work, and the terms and conditions that can impact your access to the funds, you can use this to gain a competitive edge and increase your funds on hand.

    Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When Robert isn’t actively trading or managing Impact Investing Collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

    Welcome To Our Site!

    My name is Robert Wolfe and I’m an online trader with over 7 years of experience trading financial instruments such as binary options, CFDs, forex, and stocks. I created this website to share my knowledge of the industry so you can avoid the same mistakes I’ve made.

    The Best Binary Option Trading Platforms and Brokers of 2020

    ​Looking for the best binary option broker, but not sure where to start? With so many different brokers to choose from, finding the right one can feel like a difficult task.

    Finding the best broker often comes down to what factors are most important to you. Are you looking for the highest payouts, the lowest minimum deposits, the most attractive bonuses, or perhaps the best trading platform? No matter what appeals to you most, I got you covered.

    Over the years, I’ve reviewed and tested 17 different binary options brokers. I’ve evaluated each company on a variety of factors including trading platform, payouts, deposit methods, customer service, country restrictions, regulation, mobile apps, and more.

    ​Below you will find my top 10 list of brokers, a side-by-side comparison chart, and a review of each company. Ready? Let’s get started!

    Table of Contents

    ​​​​The 10 ​​Best Binary ​Options Brokers of 2020

    1. IQ Option – Best ​Trading Platform
    2. ExpertOption – Best Payouts
    3. Olymp Trade – ​Lowest ​Minimum Deposit
    4. Binary.com – Best For Beginners
    5. Pocket Option – Best For U.S. Traders
    6. BinaryCent – Best For Minimum ​​Trade Amounts
    7. RaceOption – Best Bonuses
    8. Binomo – Best For​ VIP Traders
    9. 24Option – Best ​CFD Trading
    10. Finmax – Best ​Customer Service

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    ​Review of the Top Binary Option Sites and Companies

    1) IQ Option

    ​​​IQ Option is a broker that is based in Cyprus and regulated by the CySEC (Cyprus Securities and Exchange Commission). Since 2020, IQ Option has been one of the most successful online trading platforms with over 43 million registered users, over 1 million trades per day, and clients from over 213 countries.

    IQ Option has the best trading platform of all the brokers I’ve reviewed. They have over 250+ ​assets to trade including binary options, digital options, as well as CFDs on stocks, crypto, commodities, and ETFs. Their binary options pay up to 95% on successful trades, while their digital options offer return rates up to 900%

    The IQ Option platform is available on the Web or through one of their trading apps (Android, iOS, Mac, and Windows). Free demo accounts are available with $10,000 in virtual money to practice with. Their platform comes with everything you’d want and expect including multi-chart layouts, financial indicators, technical analysis, and real-time alerts. They also have several risk management features including Stop Loss, Take Profit, Negative Balance Protection, and Trailing Stop.

    If you’re looking for the best binary trading platform, IQ Option should be near the top of your list.

    • Minimum Deposit: $10
    • Max Payout: 9​5%
    • Min. Trade: $1

    ​Note: This broker does not accept clients from the United States, Canada, European Economic Area, Japan, Israel, Australia, and Puerto Rico.

    ​2) ExpertOption​

    ​ExpertOption is a trusted broker that has been around since 2020, offering binary options on over 100+ ​assets including stocks, cryptocurrency, forex, and commodities. ExpertOption is located in Saint Vincent and the Grenadines and is regulated by the VFSC (Vanuatu Financial Services Commission) and FMRRC (Financial Market Relations Regulation Center). This broker serves clients from over 150 countries and has over 32,000,000 registered ​users on their platform.

    ExpertOption offers some of the best payouts on the market, with profits as high as 95%. Their platform is very easy to use for beginners and also has some features that even advanced traders will appreciate such as 4 different chart types, 8 indicators, and trend lines. ExpertOption also offers Social Trading, which allows you to trade binary options with your friends or follow other VIP traders and see their active trades in real-time.

    ExpertOption offers over 20 different payment methods including E-Wallets, credit cards, cryptocurrency, and bank transfer. This binary broker also offers a free demo ​without registration. Overall, if you’re looking for a great payouts and a solid trading platform, ExpertOption is an option worth considering.

    • Min​. Deposit: $10
    • Min. Trade: $1
    • Max ​Profit: 95%
    • Bonuses: 100% Welcome Bonus

    Note: This broker does not accept clients from the USA, Canada, European Economic Area, Switzerland, Israel, New Zealand, Australia, Puerto Rico, Singapore, Bangladesh, Vanuatu, Yemen, and Sudan.

    ​​3) Olymp Trade

    ​Olymp Trade is a ​Cyprus-based broker that is regulated by the International Financial Commission. This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues. Olymp Trade has been a part of the options market since 2020 and has consistently improved their platform over the years. As of 2020, there are over 25,000 users trading ​with Olymp Trade ​every day.

    Like most of the top brokers, Olymp Trade has a web-based platform and apps available for iPhone and Android. They have over ​75 different ​underlying assets that you can trade with. Demo accounts are available if you’d like to test-drive the Olymp Trade platform. This broker has a variety of educational resources available to their clients including trading strategies, webinars, and more.

    ​Note: Olymp Trade does not accept clients from European Economic Area, Australia, Canada, USA, Japan, Israel, New Zealand, Russia, Spain, Sweden, and Switzerland.

    ​4) ​Binary.com

    ​Binary.com is an online trading platform that offers binary options and CFD trading. Owned by a company called Binary Group LTD and founded in 1999, this broker is one of the oldest and most respected names in the binary options trading industry with over 1 million registered users worldwide.. Binary.com has offices in ​Channel Islands, Malta, Saint Vincent and the Grenadines, Malaysia, British Virgin Islands, and Vanuatu. ​ Binary.com is regulated ​by ​Vanuatu Financial Services Commission​, British Virgin Islands Financial Services Commission, Malta Financial Services Authority, and Labuan Financial Services Authority.

    Binary.com has several different trading platforms that you can use including:

    • Deriv – A perfect solution for beginners with an easy-to-use platform that is rich with features.
    • SmartTrader – Trade in the world’s financial markets with a simple and user-friendly online platform.
    • Tick Trade Android App – Ultra fast trading on-the-go.
    • MetaTrader 5 – An advanced multi-asset trading software that includes Forex, CFDs, and binary options.
    • Binary WebTrader – An advanced binary options trading interface to monitor the movements of your favorite markets at the same time.
    • Binary Bot – Automate your own trading strategies with a simple “drag and drop” bot creation tool.

    ​Binary.com has attractive return rates that can exceed 100% on simple rise/fall contracts and above 1000% on high/low and touch/no-touch trades. You have the option of trading all major indices, commodities, currencies, and synthetic indices with expiry times ranging from 10 seconds to 365 days. Binary.com gives you the ability to sell your contract before the expiry time is reached to lock-in your profit or to minimize your loss. With their simple interface, you can execute a whole trade in just a matter of seconds.

    Binary.com provides a variety of payment methods to fund your account including Visa, Mastercard, bank transfer, Skrill, Maestro, Neteller, Fasapay, QIWI, and many more. To ensure trader safety, all capital deposited goes into a segregated bank account and held in a secure financial institution.

    ​Although Binary.com is a perfect choice for beginners, their advanced platforms ha​ve enough features to satisfy even the most advanced traders.

    Note: Binary.com does not accept customers from the USA​, Canada, and Hong Kong.

    ​​5) ​​​Pocket Option

    ​Pocket Option is a binary options brokerage that provides online trading of more than 100 different underlying assets. Pocket Option is one of the only sites that accept new traders from the United States and Europe. Established in 2020, Pocket Option is based in the Marshall Islands and is licensed by the IFMRRC (International Financial Market Relations Regulation Center).

    Pocket Option has great terms and conditions for its traders including no commission on deposits and withdrawals, over 50+ payment methods, indicators and signals, social trading, bonuses, high returns, and more. Pocket Option provides bonuses of up to 100% when you open an account, which is among the best in the industry.

    If you’re looking for a binary broker that caters to customers around the world, including USA and Europe, then Pocket Option is one of the best options available.

    • Maximum Profit: 128%
    • Min. Deposit: $50
    • Min. Trade: $1

    ​​6) ​​​​Bin​aryCent

    ​BinaryCent is a binary option site that offers Forex trading, CFDs, and options with payouts up to 95%. BinaryCent was established in 2020 and is owned by a company called Cent Project LTD, which is a subsidairy of the Finance Group Corp. This company is located in Vanuatu and accepts international traders including the United States, Canada, Australia, and the UK. BinaryCent is regulated by the VFSC (Vanuatu Financial Services Commission).

    The biggest advantages of using BinaryCent include minimum trades of just 10 cents, leverage up to 1:100, and copy trading. Copy trading allows you to follow the most successful traders on the platform and to see their live trades in real-time. By copying other profitable users, you can increase your chances of success.

    • Minimum Deposit: $250
    • Minimum Trade: $0.10
    • Bonus: 20-100% Deposit Match
    • Withdrawal Processing: 1 Hour
    • USA Friendly: Yes

    ​​​7) ​​​​​RaceOption

    RaceOption ​is a binary options broker that is based in the UK and established in 2020. RaceOption processes more than 10,000 trades per day and is one of the only companies that allow clients from the United States, Canada, and Australia. RaceOption has no restrictions on what country you’re located in.

    The biggest selling points to RaceOption are 1-hour withdrawals, deposit bonuses up to 100%, and weekend trading. This trading platform is available in three versions: Web, Android, and iPhone. They offer CFD trading, 60 seconds, one touch, live charts, and instant execution of trades.

    Overall, RaceOption is a reliable broker that offers attractive payouts up to 90% and a variety of funding options including credit card and cryptocurrencies such as Ethereum and Bitcoin. This platform is best suited for beginners that are ​looking for a simple interface that is easy to understand.

    • Minimum Deposit: $250
    • Payouts: 90% Max
    • Bonus: 20-100% Deposit Match
    • USA Friendly: Yes

    ​​8) ​​​​Binomo

    ​​Binomo is a binary options broker with a high-end trading platform with the ability to trade binary options, CFDs, Forex, and cryptocurrency. Binomo is based out of St. Vincent and the Grenadines and they are regulated by the IFC (International Finance Commission). Since Binomo is a Category A member of the IFC, they have deposit insurance of up to $20,000 for all clients.

    Binomo doesn’t offer as many ​assets to trade ​compared to other brokers. Their standard account has 14 available ​markets to trade with up to 85% max payouts, while their VIP level offers 42 available ​markets with a max payout of up to 94%. VIPs also have extra perks such as 10% weekly cash back, deposit bonuses up to 100%, 1 hour withdrawals, and a personal account manager.

    Overall, Binomo is a good binary trading platform but has limited assets compared to other brokers. Binomo does offer a demo ​with $1,000 in virtual funds if you want to give their platform a try.

    • Minimum Deposit: $10
    • Minimum Trade: $1
    • Payouts: 94% Max
    • USA Friendly: No

    ​9) ​​24Option

    ​24Option is a broker that is based out of Cyprus and regulated by the CySEC. When 24Option was established in 2020, they were primarly just a binary option platform. However, the company has shifted its focus to offering Forex and CFDs. 24Option has a large ​asset index that includes currency pairs, ​stocks, crypto, ETFs, and indices.

    Advanced traders will be happy to know that 24Option has the MetaTrader4 platform, which is very popular for its charting functionality and financial analysis tools. MT4 offers immediate order execution and accurate pricing in real-time. 24Option has an extensive education library with daily market reports, fundamental analysis, webinars, eBooks, and trading guides.

    24Option has 4 different account types which includes Basic, Gold, Platinum, and VIP. All account types get leverage up to 1:500. The basic ​level comes with floating spreads as low as 2.5 PIPS for EUR/USD and as low as 1.1 PIPS for VIP accounts. Platform also includes Stop Loss and Take Profit features to help minimize losses and maximize returns.

    Overall, 24Option is a good broker if you’re looking for an advanced trading platform with CFD and Forex trading. This broker does not accept clients from United States, Europe​, Canada, Australia, China, Israel, Switzerland, Japan, New Zealand, Bahamas, Pakistan, North Korea.

    • Minimum Deposit: $250
    • Minimum Trade: $24

    ​10) ​​​​​​FinMax

    ​Finmax is a regulated binary options broker owned and operated by a company called Max Capital LTD. Located in Bulgaria and opened in 2020, Finmax is licensed and regulated by the FMRRC (Financial Market Relations Regulation Center) – a Russian regulatory body.

    Finmax has an asset index of over 70 markets, as well as a favorable trading conditions such as instant order execution, no spreads, ​a free demo ​without limits, and 48 hour withdrawals. The Finmax trading software has a variety of expiry times, ranging from 30 seconds to 6 months. Finmax has several different platforms you can trade CFD or binary options with including Android, iOS, and Windows.

    Finmax is one of the few brokers in the industry that have developed their own software for trading binary options, rather than relying on third party platforms such as SpotOption or TechFinancials. Their customer support team is very helpful and they provide 24/7 help via phone, email, or chat.

    • Min. Investment Amount: $5
    • Max Returns: 90%
    • Min. Deposit: $250

    ​1​1) ​​​​​​​Ayrex

    ​Established in 2020 and based out of Cyprus, Ayrex is ​one of the few unregulated brokers that exist in the industry. Ayrex offers binary option contracts on over 30 different underlying assets. Ayrex is an unregulated broker, but they’ve already applied for licensing from the CySEC (Cyprus Securities and Exchange Commission), which has yet been granted.

    Ayrex specializes in short-term contracts with an expiry time​ as little as 30 seconds. Investors can expect maximum profits up to 85% on successful binary options trades. Ayrex does offer trading signals, which they claim have a 60% success rate. Their customer support team is also very helpful as well.

    Overall, Ayrex might be suitable for some investors, but their ​small asset selection and lack of regulation should make traders hesitant. If you do decide to use Ayrex, make sure to take advantage of their free trading account so that you can practice trading binary options before depositing real money.

    • Maximum Profits: 85%
    • Minimum Investment: $5
    • Minimum Deposit: $25

    ​1​​2) ​​​​​​​​Nadex

    ​Nadex is a United States based binary options exchange located in Chicago, Illinois. Nadex is the only regulated broker that is licensed in the USA by the CFTC (Commodity Futures Trading Commission). Nadex offers trading platforms that allow you to take positions on short-term price movements in a variety of markets. You can choose between binary options, touch bracket, and call spread contracts. Due to regulatory rules set forth by the CFTC, the money you deposit must be held in segregated bank accounts to ensure your funds are safe and secure.

    The Nadex Trader Platform lets you place orders directly to the exchange using their proprietary software. You can filter over 5,000 contracts daily by asset class, expiry time, and price. For binary options, Nadex charges a $1 trading fee per contract on each side of the trade, the entry and the exit.
    In addition, Nadex charges a $1 settlement fee per contract for trades that expire “in the money”. However, there is no settlement fee if your binary options trade expires “outside the money”.

    If you want to test-drive the Nadex platform, you can open a demo trading account with $25,000 in virtual money to practice with. For real accounts, the deposit requirement is $250 USD.

    ​Things To Consider When Choosing A Binary ​Trading Platform

    ​When you’re choosing a binary ​broker, you should consider certain factors before you commit. Each of these components affects your trading experience. Identify the ones that are most important to you, and find a broker who offers those features, before you sign up.

    Mobile Trading Apps

    ​When it comes to binary options trading, it is essential that you have access to the markets from your smartphone or tablet. Most brokers offer free mobile apps that allow you to ​access the markets and execute trades from anywhere. Most binary options websites have information regarding their trading apps and which devices t​heir platform is compatible with​, such as Android or iPhone.

    Asset​ Index

    When choosing the best binary options provider, make sure to take into consideration which assets are available to trade. Most brokers list their asset index on their websites for everyone to see. The bigger their list of assets, the more opportunities you have to make a profit.

    Most binary options brokers have at least 30-70 different markets that you can trade including Forex, commodities, stocks, and indices. However, some of the bigger brokers such as IQ Option and ExpertOption also have ETFs, CFDs, and Cryptocurrency as well.​

    ​Regulated Brokers

    ​Regulation and licensing is a key factor that you must consider before choosing the best binary options company to work with. Regulated brokers must follow certain requirements that help protect binary options traders in the event of a dispute. In additional, regulation ensures client funds are held securely in segregated bank accounts.

    Although unregulated brokers have more risk associated with them, they do have some advantages such as the ability to offer sign-up bonuses to attract new traders. If binary options are prohibited in your region, such as Europe or India, using an offshore broker might be the only way to gain access to the binary options market.

    The primary regulatory agencies include:

    • CySEC – The Cyprus Securities and Exchange Commission (Cyprus)
    • FSB – Financial Services Board (South Africa)
    • CFTC – Commodities Futures Trading Commissions (United States)
    • FCA – Financial Conduct Authority (UK)
    • ASIC – Australia Securities and Investment Commission

    ​Low Minimum Deposits

    ​If you’re just getting started with binary options trading, it may be a good idea to choose a binary option broker with a low minimum deposit. Some brokers allow you to open trading accounts with as little as $10, which is a great way to get started without risking a lot of money. Another thing to keep in mind is the minimum trade amount​, which can vary between platforms. BinaryCent currently has the smallest investment amount for individual trades, at just $0.10 per contract.

    High Payouts

    The higher the ​returns, the better. That’s the whole purpose of binary options trading, after all. Most ​brokers offer payouts between 50% and 100% when trading binary options. However, you’ll sometimes find one that says you can get up to 200% for a successful trade.

    Before you sign up with a broker and invest your funds, know what you’ll be getting back for each successful trade. You don’t want to invest a lot of money and only get a little—or worse, none—back.

    Binary Option Bonuses

    ​A binary options bonus is a way for some brokers to attract new customers. ​A bonus can come in several different forms including deposit match bonuses, sign-up bonuses, or risk-free trades. For deposit match promotions, most brokers provide match anywhere from 20-100% of your initial investment. ​​There are certain terms and conditions that have to be met before you can withdraw this money. For example, you can’t just sign up and then immediately withdraw your bonus funds. ​However, it’s still a great way to mitigate your risk and increase your profits.

    Demo Accounts

    ​Binary option demo accounts allow you to explore the broker’s platform. You get a certain amount of virtual funds to use as you navigate the platform and learn how to predict the market.

    You should also know how realistic the demo account is when compared to a live account. Demo accounts may not prepare you for the fast-paced, unpredictable nature of the real markets.

    If a broker doesn’t offer a ​free demo, you may want to steer clear of them.

    Social Trading

    Social trading is even more helpful in learning the market than a demo account or educational materials. With social trading, you can observe VIP traders or friends as they trade assets.

    Social trading can help you improve your technique by watching someone more experienced. If you emulate their methods and predictions, you have a higher chance of learning by example and improving your ​profits.

    Binary Trading Signals

    Not all brokers have binary trading signals or alerts, but they can be immensely helpful, especially for newer traders. These signals indicate the direction of a given market, giving you hints for getting an optimal payout.

    Advanced brokers may not need binary trading signals, but beginners can benefit from them. Traders just starting out should look for a broker that offers this feature.

    Final Thoughts

    Choosing a binary options broker isn’t as simple as it may seem. It involves several crucial factors, and each broker offers something different. The ​top binary ​brokers go beyond the basics, so make sure you research your broker before you make your initial deposit.

    Robert Wolfe is the founder and chief editor of Impact Investing Collaborative. Robert is an expert trader with over 10 years of experience trading binary options, Forex, and CFDs. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When Robert isn’t actively trading or managing Impact Investing Collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

    Welcome To Our Site!

    My name is Robert Wolfe and I’m an online trader with over 7 years of experience trading financial instruments such as binary options, CFDs, forex, and stocks. I created this website to share my knowledge of the industry so you can avoid the same mistakes I’ve made.

    Binary Options Bonuses 2020

    The best binary options brokers are not hard to find, and once you discover your favourites, you will also be offered the best binary options bonus types, as well. The two things are, of course, logically dependent on each other, but only a well-prepared trader can realise the full benefits of them. Don’t rush to look for the best binary options bonuses, it’s much better to read our ultimate and specially tailored guide first. Thus you will guarantee your binary options trading experience fantastic conditions to progress and possibilities to earn even larger final outcomes.

    The Truth Behind the Connection Between Binary Options Bonuses and Best Binary Options Brokers

    Every trader must consider the connection between the bonuses and binary options brokers. There are many theories that discuss it, but is not always simple to arrive at a definitive conclusion. To some traders – mostly the beginners among them – the best binary options trading sites do offer the best binary options bonus types as a rule. But accepting this as an axiom is not very clever. Both things might depend on each other, but it is not mandatory to be on the same high level we are all looking for, when it comes to profitable and reliable trading activity. Indeed, all good and high quality brokers provide an excellent environment for trading with binaries – including an intuitive platform, great package of extras and conveniences, as well as fantastic bonus system types in most cases. So if you have found a nice platform to trade on, there`s also a strong possibility that it will offer good bonus types, too.

    Review Review

    Broker Early Expire Average Return Min Deposit Min Trade Rating More
    95% $ 250 $ 1 ★★★★★
    × 95% $ 250 $ 1 ★★★★★
    × 85% $ 250 $ 1 ★★★★

    Although, you should never forget that many binary options brokers have a policy to attract more customers with some really excessive binary option bonus types. Just because they have nothing else to attract customers, they increase the amount and the numbers of the binary options bonuses. Many traders fall into this trap, and once they use their bonuses, they realise that there`s nothing else to stay on the website for anymore. What we are trying to tell you is to be very careful when you choose a binary options broker to register with. Don’t simply accept the bonus system as the only reason to sign with a certain binary options platform, but consider all of the websites offers and special extras. Otherwise, you might be part of a total binary options scam.

    What is a Binary Options Bonus?

    Now, a few words about the meaning behind binary options bonuses in general. It is extremely important for any trader to be aware of its nature. Thus, you can use the bonus in a proper and most beneficial way. After all, let`s not forget that the binary options bonuses are one of the top factors that might increase your profits. In short, the binary options bonus is a type of a bonus that is quite similar to the rest of financial trading bonus types – including those in the Forex market. The bonus is a promotion or special offer that is individually established by each particular brokerage company. Even though the binary options types are standardized – no deposit bonus, welcome bonus and etc – their amounts are customised by the individual websites. So when it comes to the best binary options bonus on the web, we consider its value, as well as the number of the types of bonus on a platform. It is also important to know that different binary options bonus types have different terms and conditions. These are particular rules as to the application of each promotion. Some of these terms and conditions also include information about the withdrawal procedure for the bonus. Make sure you have read these specifications before claiming and using the binary options bonuses.

    What are The Available Binary Options Bonuses Today?

    As we have already mentioned, the best binary options bonuses are those with biggest values and they appear in brokers that in general provide different types of promotions. So let’s discuss these types. Find out what the available binary options bonuses are today:

    Best Bonus Offers from Binary Options Brokers

    Review Review No deposit bonusNo deposit binary options bonus type is considered to be the most beloved and preferred one among the entire trading audience. It is a bonus that is given in a form of free money by the brokerage company. The best thing about the no deposit bonus in binary trading is that you receive this free money with no obligation to make initial deposits. The only thing you must do is to make an official registration in that particular binary options broker. This eventually means that only newcomers, but not regular customers, on a website can claim a no deposit bonus. Last, but not least, know that a no deposit binary options bonus is always a particular amount of money – ranging from $10 to $100.Welcome / First deposit bonusRegardless the name it is called with, this binary options bonus type requires each newcomer in a trading website to make an initial deposit. This initial deposit has always a minimum value – generally ranging from $10 to $1000 according to the type of an account you open. So once you make an official registration, open an account and make your preliminary investment, you are rewarded with welcome / first deposit bonus. It is measured in % – from 20% to 100% – and it is based on your first deposit amount.Reload bonus / Cash back bonusBoth refer to the binary options bonuses that are provided for each subsequent deposit made by a trader, who is already a customer of a broker and who has already made his first initial deposit. The essence behind the reload/ cash back binary options bonus is similar to the previous bonus type – welcome / first deposit offer.Risk-free / Cash out bonusThis bonus is not offered very often, but it is appreciated just like the best binary options bonus – no deposit. According to the risk-free / cash out bonus, a trader is offered a scheme that reduces the threat of losing too much money and increases the chance to win more. A brokerage simply covers the losses made by a trader and doubles its winnings. In most cases, this binary options bonus type is offered to newcomers that are still in their beginning and learning stage.Demo accountWe consider the demo account as a type of a bonus, too, and what is even more interesting is that it is quite comparable to the risk-free binary options bonuses. The only difference here is that no winnings are doubled, but yet the losses are entirely covered by the brokerage. The thing about the demo account is that it allows the trader to make trades in a real environment, but without investing his own money. It is a way for the trading community to practice on a trading platform. Moreover – it is an opportunity for the customer to test the binary options broker and to see if it suits his needs and preferences.Mobile binary options bonusesMobile binary options bonuses are the same bonuses we have already listed, but provided for mobile customers. To stimulate the audience to trade through the mobile software version, the broker offers the same bonuses – for a second time – to the trader once he becomes a mobile client.Refer a friendThis is also an excellent binary options bonus type and in many websites you can find it as a special program, not a promotion. Though, refer a friend offers you a kind of a bonus, too – either as a particular value, or as % of the first made deposit by the referred friend. To receive such a bonus, simply refer a friend to the brokerage website you are trading in. Note that most websites do reward both of the customers – the referral and the referred one.Special binary options bonuses for loyal customersYou will have to become an advanced trader and a regular customer of a broker to receive this bonus. It can be a specially tailored and individualized program with many extras, conveniences of privileges given to a loyal trader. Keep in mind that binary options brokers sometimes do not announce this bonus directly on their websites, and you will have to individually claim for it, when you reach a certain experience level.How to Find The Best Binary Options Bonus?Follow these simple and quick steps to reach the best binary options bonus on the web! Have patience and remember that you will need some solid experience before becoming capable to find the best promotions:

  • Use the search engine in your browser – simply, insert the keywords “best binary options bonus” and see the results.
  • Undertake research via the web by reading binary options trading forums and groups in the social webs.
  • Ask a friend or get recommended by a person who is more experienced in binary options trading.
  • Read our detailed binary options reviews.
  • Good luck with your search of the best binary options bonus types ever!
    Broker Early Expire Average Return Min Deposit Min Trade Rating More
    95% $ 250 $ 1 ★★★★★
    × 95% $ 250 $ 1 ★★★★★
    × 85% $ 250 $ 1 ★★★★

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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How To Start Binary Options Trading 2020
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