When the world economies were reeling under recession and most of the people had to fend for themselves with alternative income sources, it was found that many people had turned to avenues of earning passive income as they were either laid off or were finding it hard to make ends meet. Under such circumstances, trading binary options had allowed many individuals to earn income from profits. These proceeds helped immensely in maintaining a household during those days. And the ones that have tapped into this market know exactly how interesting it is. And your chances of winning profits are doubled if you have experienced and reliable binary options broker guiding you or working for you against a nominal fee.
Generally speaking, the best binary brokers are the ones that have been operating in this business for several years. But there are also few of the popular binary brokers that have just started off. Due to their excellent team of professionals offering invaluable guidance to the traders and their unique way of operating has made them sought after within a very short time span.
In this article, we will go through 2 of the best binary options broker reviews that can help you to settle for the right one. We will also catch a glimpse of the few parameters that set them apart from the crowd.
With this popular binary broker, you will be able to opt for as many as 100 different assets with which you will be able to trade. The trading platform is meant for beginners as well as the experienced traders. The website is user friendly and easy to navigate. As far as bonuses, rewards, as well as offers and promotions are concerned, you can expect good returns from this broker. They offer Stop Loss/Take Profit feature to their clients aside from the feature of Volume Cash Back. If you are a new trader and happen to trade over USD$500, you will be able to avail 100% bonus for all types of deposits you make. The minimum amount with which you can start trading with this broker is USD$200 and the upper limit cannot exceed USD$50,000. Trade can be carried out with different currencies and the website of this binary options broker is available in Greek, Arabic, Dutch, English, German, Spanish, Italian, and French. If you are worried about the deposit method that will be accepted, you can make use of bank wire, debit cards, Moneybookers, and other major credit cards. This “live trading platform” will allow traders to trade on Indices and pairs, currencies, stocks, and commodities. So, you have the option to choose from over 100 assets across as many as 8 markets worldwide.
24Option is another popular and much sought after binary options broker around. Ever since its inception in the latter part of 2010, it has not looked back. One of the main features of this trading platform is that it is registered in British Virgin Islands, which is essentially a tax free zone. Traders from any part of the globe will be able to trade with this broker and there are no restriction like not accepting US traders and the like. If you are trading with the broker for the first time, you will be entitled to awards and bonuses. The bonus amount can be as high as USD$400. On several instances, traders have also won iPads as bonus. In order to trade with this broker, you will be required to invest minimum USD$200. The fact that the website of 24Option is available in different languages makes it possible to trade in Italian, Arabic, Japanese, French, English, Spanish, and Romanian. Moneybookers, CashU, UKash, Liberty Reserve, debit and credit cards can be used for trading with this reputed binary options broker.