If you are new to online trading, you might be overwhelmed by the number of binary options brokers available online. Before you get into your trading strategy, make sure you are registered with a reliable company. The BinaryoptionsWatchDog.com is dedicated to provide you with accurate reviews for legitimate brokers as well as a warning list of scam brokers and simple instructions on how you can avoid any potential fake sites. Remember, if you’re new to binary options, the best idea would be to try several platforms that offer a FREE binary options demo account and then deciding which one you like most before investing real money.
BitPlutos.com – Got bitcoins? You can now trade binary options using bitcoins with BitPlutos, doesn’t matter where you reside. Minimum deposit is 0.025 BTC. Trading platform is SpotOption. BitPlutos Review.
In the United States binary options is allowed, however only US regulated brands are legally allowed to accept US traders. Nadex.com is Watchdog’s Top Binary Options Exchange and one of the only CFTC and SEC Regulated Broker in the industry! For more information, visit Watchdog’s Nadex Review. If you find it difficult to use Nadex for trading, check out this Nadex Trading Guide.
Are you in Australia, China, Japan or New Zealand?
In Australia, New Zealand, Hong Kong and Japan binary options is allowed only if using a licensed broker. HighLow would be the best choice for people in those countries.
European Traders/South Africa/all other countries
Binary options trading is allowed and regulated in Europe, except for Belgium where both binary options and Forex trading are banned completely. If you’re in Europe, you can go with any EU-regulated broker. Our favorite ones are:
General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
OptionFair – Another great EU-regulated broker. The main advantage of OptionFair is that there’s no conflict of interest as there is with other non-exchange binary options brokers. For more information, please visit this OptionFair Review.
Binary options trading is not currently available in Israel and Canada.