A Guide to Binary Options Trading for a Novice Trader!

Author: Signe J. Petersen

With the rise in number of binary option sites on the internet recently, it has become quite important for the traders to know which are the safest of all. In the time of market instability it’s essential to turn to trading sites which are trustworthy. There may be many binary option trading sites which will show negative reviews by the traders since they lost their money. While you may outright reject such sites based on the negative reviews, it is important to remember that these angry reviews are due to the loss that the traders might have suffered, which is quite normal considering the risk involved in the trading or competitors.

However, in our article we have listed the best binary option sites that consistently gather positive reviews. We refrain from listing any site that perturbs any customer due to failed trading bids or which dissatisfied them due to financial loss. So in order to avoid any further losses you should read our article which will point out the chosen best sites on the internet. The best binary option sites should offer you: The assets that one can use to trade on the sites. Remember that the assets will differ for each site, where one will offer you range of options, while the other will have only limited options; Great customer service, especially for those traders who are trading for the first time, so that they can turn to that support when in doubt;

Bonuses or Gold accounts for special trading;

User friendly binary trading podium. Unless it gives you an easy to use platform and something that you can understand easily, it may not be a joy ride for you.

With more than 300 sites on the internet, it is always advisable to carefully analyze all aspects before you choose a binary site. We have chosen the best sites keeping the above four aspects in mind so that your trading experience should be smooth. These trading sites are the most reliable of all and assure you a satisfying trading experience each time.

Name of the Trading Site

Bonus in %

Deposit in $

Payout %

Boss Capital

100

200

85

Magnum Options

100

200

81

24Option

Unlimited

250

89

Banc De Binary

8000

250

100

10 Trade

10,000

200

81

TradeRush

100

200

81

Grand Option

100

250

87

Opteck

5000

250

100

TopOption

2,500

250

100

RedwoodOptions

100

200

86