The Ultimate Guide to the Top Binary Options Brokers for 2016!

Author: Signe J. Petersen

Looking to open an account with a binary options broker in 2016? Then you need to do your homework. There are a lot of companies out there vying for your business. But which one is really top dog? To find out, you need to read the ultimate guide to the top binary brokers for 2016.

Because there are so many binary options brokers to choose from, and because no two brokers are identical, there are many things to consider here. And never forget that the broker that’s the best for one trader might not suit you at all.Before you make a choice, make sure you seek out a good guide to help show you the way to your new binary broker.

What to look for in a binary options broker?

There are a number of important considerations that all binary traders must make when looking for a new broker. The most obvious and significant ones are:

  • Payout – choose a binary broker with high payouts, that way you can make more money
  • Bonus – choose a binary broker with a bonus scheme that suits you
  • Assets – choose a binary broker that gives you the chance to trade the assets you prefer
  • Binary option types – prefer one touch? Boundary? 30 seconds? Make sure to choose a broker that offers your preferred type of option
  • Minimum initial deposit – choose a binary broker with a minimum initial deposit that suits your budget
  • Max and min investment per trade – choose a broker that allows trades that fit your budget

    • In addition to these cornerstones that all traders need to keep in mind, there are others that might be more or less interesting to you. Some typical ones are:

  • VIP benefits – are there free gifts, personal service or other benefits available for high rollers?
  • Mobile trading platform – can trades be completed on handheld devices such as tablets or phones?
  • Tutoring – does the binary broker offer private lessons in trading and/or analysis?
  • Free demo – can you take advantage of a free test to help you learn the ropes?

    • Which of these points, if any, are relevant to you will depend on what sort of trader you are. Obviously some are more apt for beginners or experts, respectively.

    How to find the top binary brokers?

    What you need to do in order to find the top binary brokers is to seek out the ultimate guides to the top binary brokers online. Several websites publish very thorough reviews of binary brokers. Let them steer you in the right direction.

    You can find huge amounts of helpful information at unbiased websites. They will tell you which binary broker offers what sort of service. Visiting such websites will save you a lot of time. Simply visiting dozens of binary brokers online and doing all the necessary research yourself would eat up a huge amount of trading time. Time you could spend making money on binary options trading.

    Which are re the top binary brokers for 2016?

    Depending on your personal preferences and requirements, you might not find all the brokers on this list will fit for you. What you can be sure of, though, is that they are all serious financial institutions that offer top quality service, and enjoy impeccable reputations. Here are our top binary brokers for 2016:

  • Banc De Binary
  • 24Option.com
  • IQ Option
  • Prestige Option
  • Porter Finance
  • AnyOption
  • Bloombex
  • Magnum Options

    • This list is by no means extensive. Many other top level binary brokers exist. Please have a look around online for more thorough articles that will help you find the binary broker for you. This article is only meant to be a starting point.