Top Binary Option Brokers
Welcome to Top Option Broker! A website dedicated to traders and investors looking to find up to date information about the best binary options brokers.
You will see how to distinguish between a new broker, and an established broker. Deciding which brokers make up the list of top binary options brokers is a difficult task for all new traders. There are more than 250 binary options brokers. There are also many factors a trader must consider before choosing a broker.
Binary option brokers are divided into two categories; Licensed and Unlicensed, Regulated and Not Regulated. The best brokers for an investor in London are different than a suitable broker for a trader from Chicago or Sydney.
Who Are The Best Binary Options Brokers?
The best binary options broker are always regulated by the financial regulator in the country they are based. Most of the top binary option brokers are based in Cyprus, and they are regulated the Cyprus Securities and Exchange Commission, also known as CySEC. CySEC was the first financial regulator in the European Union to regulate binary option brokers. The European law called MiFID, allows a financial firm regulated in one country, to do business and provide services in other European Union member countries.
Binary Option Exchanges in the Unites States of America are licensed and regulated by the CFTC, see here.
Australia licensed binary option brokers via their regulator called ASIC. There are a few brokers already licensed by ASIC, and many who want to get licensed also, see here.
Although there are over 250 brokers worldwide, less than 20 brokers are licensed and regulated by CySEC. Recently, unlicensed brokers have made mention to CySEC regulation of binary options on their websites, however they are not licensed brokers.
It is incumbent upon investors to verify that the broker they choose is actually a licensed broker, and that the brokers license in still valid.
View the Top Regulated Binary Option Brokers
How to Compare Binary Option Brokers?
Here are five items that every trader should review when comparing a binary option broker.
- Are They a Licensed or Unlicensed Broker?
- Which Trading Platform Are They Using?
- What is the Minimum Deposit to Open an Account?
- What are the Term of Their Bonus Offers?
- Do They Have Any Unique Assets or Service?
When a trader has the answer to those five questions, it is easy to make an educated decision about which broker is the best. Read more about comparing brokers.