Binary Option Trading Uk Reviews

All products and services featured are independently selected past WikiJob. When y’all annals or purchase through links on this page, nosotros may earn a committee.

Spread bets and CFDs are complex instruments and come with a loftier risk of losing coin rapidly due to leverage. 74.7% of retail investor accounts lose coin when trading spread bets and CFDs with this provider. You should consider whether you empathise how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Superlative ten Binary Options Brokers: Usa vs UK

The following listing is designed to give you a starting point and highlight the features you should look for and how they compare and differ.

At that place are many binary options brokers, all with unlike products, services, strengths and weaknesses.

Earlier making whatever final decisions, conduct as much research as possible and accept reward of any free trials and demo accounts.

For whatsoever financial advice regarding investing and money management, seek a professional fiscal advisor.

US Binary Options Brokers

1. IQcent


  • Low minimum deposit
  • Copy trading available
  • User-friendly interface


  • Lacks regulation
  • Withdrawals can be difficult
  • Limited chart tools and lacks educational resource

Best for:
Beginner’due south journeying.

A well-known Binary option and CFD trading platform. Information technology has a variety of different payment gateways for easy deposits and withdrawals. It is easy to gear up an account in seconds because the platform is user-friendly. Trading can get-go immediately subsequently the initial deposit.


  • A higher yield that peaks at 95% or more. The trader is able to get a 95% payout on investment, this is higher than the industry boilerplate of between 75% and 80%.

  • 0% commission on deposits, withdrawals and account maintenance fee.

  • User-friendly platform with fast trade executions. The interface is like shooting fish in a barrel to sympathize and navigate on.

  • Reliable back up squad.

  • Re-create-Trading feature. Allows you to Copy live trades of the best traders on the platform.


  • Express chart tools. IQcent generally used for Binary Option style of trading, therefore, some tools might non exist available due to the simplicity of the chart.


In that location are various reasons to trade with IQcent starting from the easy to understand software to a very reliable withdrawal system or be it the flexibility of its trading platform, diverseness of the trading instruments, progressive partnership opportunities for loyal customers and bonuses – these benefits are what makes IQcent the all-time choice among all others.

Visit IQcent



  • 24/7 live video chat back up
  • Credit/debit bill of fare deposits and withdrawals available
  • Re-create trading
  • Demo account (though only accessible after minimum deposit)


  • Non regulated
  • Not bachelor to U.s.a. clients
  • Lacks educational resource
  • Inactivity fee

All-time for:
Day to day trading.

It might seem that the banker is another typical binary option trading platform, but the fact is that Videforex stands out from other trading platforms by literally greeting the traders with a Live Video-Chat feature. For the first fourth dimension in the industry, traders are able to see who they are dealing with as opposed to talking to a faceless entity backside the figurer screen.

However this unusual merely very outstanding feature is non the just reason you should choose Videforex as your main banker.

Videforex has:

  • A very comfortable interface to utilise.
  • Variety of trading assets and best trading conditions.
  • Large payouts up to 90% compared to markets 70% + Leverage upwardly to 1:500.
  • Alive 24/7 customers service.
  • Reliable and fast withdrawal organization.
  • Traders can be provided with a Demo account to practice their new strategies.

Should I Merchandise With Videforex?

The answer is YES! The platform offers a perfect balance betwixt all-encompassing trading tools and ease of use. Users of all experience levels will discover themselves right at dwelling house.




  • Low minimum deposit
  • Small minimal merchandise size
  • Copy trading


  • Lacks regulation
  • Withdrawals tin be difficult
  • Lacks research and educational resources

Best for:
Allows you lot to trade with very pocket-sized amounts. Good for beginners.

Besides the fact that this platform is very friendly for beginners since it allows you to trade in cents, the platform has made a name for itself every bit a very stable 1.

  • Minimum eolith starts from 250 USD, relatively small-scale amount considering that you can trade as low as i USD and 1 Cent per trade.
  • Withdrawal process takes up to an hour and provides variety of withdrawal methods.
  • Copy trading feature that helps beginners to understand and learn how professionals trade.
  • Weekly Contest. Information technology only piques your involvement in trading PLUS you are getting overnice bonuses for your account, such as bonuses to your eolith and hazard-gratis trades, meaning y’all are not losing whatever money for your lost trades.

Overall, the platform shows itself as a decent banker; it makes you feel comfortable having your money with Binarycent.




  • Convenient interface
  • Re-create trading available


  • Lacks regulation
  • Lacks research and educational resources

Best for:
Weekly contest with highest bonuses.

The trading platform since it start began operations in 2014 is already a relatively known brand amidst the binary options trading community. The goal of Raceoption has always been to offering its clients a prophylactic and secured environment for traders to trade binaries.

Advantages and Disadvantages:

  • Fast withdrawals with no subconscious charges. Withdraw funds from as low as $50 within i–two days with no hidden charges.
  • User-friendly interface. Raceoption has made its online platform very like shooting fish in a barrel to utilise. Indeed, a beginner can larn how to use the platform in a few hours.
  • Customizable trade duration. Traders are given an option of customizing their merchandise durations.
  • High returns up to 90%.
  • Raceoption is known for having a keen support team. You will exist helped!

Overall, we were quite satisfied with the quality of Raceoption’south services.

At any given time, tens of thousands of traders are logged into the platform without whatsoever affectation of the platform operation or speed.

Baca juga:  The Future Of Everything Wsj Binary Options

Client service is likewise groovy in terms of speed and quality of response.


v. Nadex


  • Regulated by the CFTC
  • Demo business relationship available
  • Low minimum eolith
  • Low trading fees
  • Good educational resources
  • Free deposits and by and large costless withdrawals
  • Proficient client service


  • Limited research resources
  • Fee for wire withdrawals
  • Inactivity fee
  • Though fairly user-friendly, trading binary options through Nadex may exist more circuitous than through some competitors

Minimum deposit:
Demo account:

Nadex is regulated past the CFTC.

As a broker, it doesn’t take the opposite side of a binary options trade. This ensures a fair trade betwixt both parties.

Instead, information technology charges a small fee for every trade entry and exit – $0.90 with a maximum of $9.00.

The product offer includes:

  • Indices
  • Economic events
  • Commodities
  • Currency pairs

The Nadex trading platform is easy to utilize and offers a wide range of belittling tools and charts.

Visit Nadex

6. Cantor


  • Low minimum deposit
  • Regulated by the CFTC
  • No deposit or withdrawal fees
  • Interesting weather condition effect trades available
  • Wide range of expiration dates


  • No demo account
  • Inactivity fee

Minimum deposit:
Demo account:

Cantor is not equally popular as Nadex as information technology has smaller market access. However, information technology does offer more interesting trades, such every bit atmospheric condition pattern contracts and bitcoin swaps.

It also has a wider variety of expiration dates, ranging from five minutes to finish-of-day.

The trading platform is Tradologic, which provides detailed belittling charts and data.

Cantor also promotes take chances direction tools such as limiting your drawdown for trades – a valuable tool in the absence of a demo account.

Visit Cantor

seven. NYSE


  • Regulated trade environment
  • Can do good from professional person expertise


  • May not be the almost toll-efficient option
  • Unlikely to suit experienced, hands-on traders

The terminal option for binary options trading in the US is with a specialist options broker on the New York Stock Exchange (NYSE).

You use a real broker to merchandise your options in a regulated environment. The downside with this is that some brokers may apply the Nadex but notwithstanding charge you as if they did all the piece of work themselves.

Information technology is not a popular option, equally many binary options traders prefer to handle their trades themselves. But it is still a proficient pick as your trades will be in professional hands.

Visit NYSE

Top Binary Options Brokers: The states vs UK

UK Binary Options Brokers

viii. Binarycent


  • Low minimum deposit
  • Small minimal trade size
  • Copy trading


  • Lacks regulation
  • Withdrawals can be difficult
  • Lacks research and educational resources

Minimum eolith:
Demo account
Accepts US residents:

Binarycent offers three business relationship types with deposits ranging from $250 to $3,000.

All accounts take access to:

  • 24/7 live video support
  • xx% bonus offers
  • Re-create trading

The silver business relationship has additional preparation tools, 3 risk-gratuitous trades and a l% bonus.

The gold account comes with a 100% bonus and a personal success manager.

Its trading platform is accessible through mobile and computer and comes with some advanced analysis tools. However, it doesn’t offer trade signals, which is a valuable tool when deciding on trades.

Binarycent is not recommended for beginners every bit it has minimal educational resource.

Visit Binarycent

9. IQ Option


  • Regulated by CySEC
  • Low minimum deposit
  • Demo account
  • Available on spider web, desktop and mobile
  • Choice of payment methods for deposits and withdrawals


  • Inactivity fee
  • Fee for wire transfer withdrawals
  • No Usa clients
  • Withdrawals can be hard

Minimum deposit:
Demo account:
Accepts U.s.a. residents:

IQ Pick is a dandy platform as information technology allows you lot to diversify your investment portfolio. In addition to over 10 one thousand thousand dissimilar binary options, it too has over 250 assets from CFDs to ETFs to commodities.

The platform is bachelor on web, desktop and mobile app. It is very user-friendly, with several layout options and information panels.

You can customize your layout and gear up warning systems.

Additionally, IQ Pick provides risk management tools like negative residuum protection, abaft stops and stop-loss options.

It is of import to notation that IQ Option does not accept clients from Commonwealth of australia, Canada, the EEA, Israel, Japan, Puerto Rico and the United states. Well-nigh of its clients come from S Africa and the United kingdom.

Visit IQ Pick



  • Low minimum eolith
  • Demo account
  • Range of payment methods


  • Lacks superlative-tier regulation
  • Lacks educational resources
  • Inactivity fee

Minimum eolith:
$five with eWallet, $x with debit or credit card
Demo account:
Accepts US residents:
No was founded in 1999, making it one of the longest-running binary options brokers with over one meg registered users.

Its trading platform offers MetaTrader 5, Binary Bot and SmartTrader, allowing you to choose a platform that suits your needs and level of agreement.

It has excellent market place options, and return rates can reach 1000%, depending on the options trade.

A selling point for this broker is that you have the opportunity to sell your contract before expiry, assuasive you to lock in your profit.

Be warned that as appealing as that sounds, information technology may not exist seen equally legal in your country of residence.


What Is Options Trading?

To sympathise what a binary options trader is, you first demand to sympathize options trading.

When you invest or trade stocks, you go the owner of a small portion or share of a company. The hope is that that company grows and makes you lot coin, so you turn a turn a profit when y’all sell in the time to come.

Baca juga:  Best Binary Option Platform 2022

An option is a contract that allows you to buy and sell stocks, bonds, bolt and currencies at a pre-negotiated price by a designated appointment and fourth dimension.

The choice is usually traded in bundles of 100.

You are non obliged to buy or sell the security on the assigned engagement. There is the option to let the contract elapse if you are willing to forfeit your premium.

What Is a Binary Options Trader?

Binary options are financial trades and so named because they only accept two payment results:

  1. A fixed figure – usually 75% to 95%
  2. Nada at all

It is a simple trading option as the but question you need to ask is if the underlying asset will be in a higher place the pre-negotiated price at the cease of the contract.

Traders brand the merchandise based on whether they decide yes or no.

Although binary options trading seems simple, mindful traders still need to know:

  • How binary options work
  • The markets and time frames you can merchandise with
  • Advantages and disadvantages of the products
  • The companies that are legally authorized to provide binary options

Every bit binary options trading is structured differently in the The states and United kingdom of great britain and northern ireland, it is of import to know these differences when choosing a binary options banker.

This article will help you sympathise the differences betwixt the two markets, how to choose a binary options broker and the best ones bachelor today.

Binary Options Trading in the US

Binary options trading is more heavily regulated in the Us than in the United kingdom of great britain and northern ireland.

The Us Securities and Exchange Committee (SEC) canonical binary options trading in 2008. They must be traded on regulated US exchanges, likewise referred to as Designated Contract Markets (DCMs).

Current DCMs are:

  • Cantor Futures Exchange LP
  • Chicago Mercantile Exchange Inc. (CME)
  • North American Derivatives Exchange Inc. (Nadex)

The choice is non every bit varied as other markets, and some binary options are subject to inspection by the Article Futures Trading Committee (CFTC) or SEC.

Binary Options Trading in the UK

For United kingdom of great britain and northern ireland traders, binary options trading is a tax-free style of investment that yields quick results and is currently regulated the aforementioned equally gambling.

It is a popular option among all levels of traders.

However, in 2018, European regulators prohibited the promotion and auction of binary options to retail investors in the European Economic Surface area (EEA) – including the UK.

Now, but professional accounts are allowed to trade binary options with regulated brokers, and they must meet at to the lowest degree ii of the following criteria:

  1. Open a minimum of x trades that are of significant size per quarter
  2. Have an investment portfolio or trading majuscule of a minimum of €500,000
  3. Have feel with complex trading instruments
  4. Have worked for a minimum of 2 years in the fiscal manufacture

What Types of Binary Options Trades Are There?

  • Upward/downwards or loftier/depression
    – This is a prediction of what management the toll moves in and is sometimes referred to as standard or archetype options.

  • Above/below
    – This is like to up/down, merely the target toll is a preset level and not the current price, making the starting point in a higher place or beneath the current market.

  • Touch on/no touch
    – With this merchandise, the value is set by the broker. If the real-world toll touches or goes through that value, the impact option pays out. If the toll doesn’t touch, so no touch pays.

  • Pairs
    – Two related assets, such as two indices are matched against each other, and traders decide which will rise or fall the nigh.

  • In/out, range or purlieus
    – These trades need two barriers setting; ane college, one lower. The binary option is if the toll stays within those boundaries or finishes outside of the barriers.

  • Ladder
    – Same as above/below, just the payouts depend on how far the target price is from the current value. Payouts can be as high every bit thousand% if the movement is big enough.

How to Cull a Skillful Binary Options Broker

The deciding factors for choosing a broker will differ between the US and UK. As a guideline, you should consider the following factors:

Step 1. Where Are They Based, and Do They Have a License?

Binary options trading is heavily regulated, and some countries place restrictions on how residents can get involved.

Before committing to a broker, check the trading platforms are available in your region. Using one outside of your country and on a VPN tin can get you into a lot of legal trouble.

Off-shore and unregulated accounts can also leave you open to take a chance. You desire your money and investments in a safe place, so opt for a regulated banker.

In the US, the broker should be registered with the CFTC and the NFA.

For the United kingdom of great britain and northern ireland, binary options trading is regulated by the Financial Conduct Authority (FCA).

The just notable difference for the UK is that licenses are not currently enforced, and being registered is not the same as being regulated.

Stride ii. What Trades Are Supported?

Non every broker is equal in the products information technology offers. Some brokers specialize in one or two assets, while others have a wide variety.

The most common are cryptocurrencies, forex, commodities, indices and stocks.

If there is one blazon that you want to trade, find a banker that offers it. If y’all want a diverse portfolio, choose a broker with an extensive product range.

Step iii. Is There a Demo Account?

Before live trading, it’due south brash that y’all take reward of any demo accounts your broker offers.

A demo account gives yous the take a chance to test the platform and all its features. Information technology allows y’all to test your strategies and understand everything involved with a trade in real fourth dimension without using your coin.

Step v. How Practice the Fees Compare to Other Brokers?

When exploring banker options, y’all need to know the post-obit fees:

  • Minimum deposit
  • Withdrawal fees
  • Commissions
  • Spreads
  • Additional trading fees
  • Inactivity fees
  • Fees for different trades
  • Payouts

Step half dozen. Are the Trading Platforms Easy to Use?

Trading platforms use many advanced data, tools and features that tin expect more than complicated on poorly designed platforms.

Typically, brokers offer a web, desktop and mobile app platform.

If you are a function-time trader or trade on the become, your priority will be a banker with an excellent mobile app.

Experienced traders volition want a platform with all the all-time tools.

The all-time binary options brokers should take:

  • Comprehensive educational resources
  • Fundamental data
  • Advanced research tools
  • Third-political party integrations
  • Customizable screens
  • Modern interface

Step vii. What Blazon of Accounts Do They Support?

When registering with a trading platform, you will be asked to pick your account type and possibly the ownership.

Confirm what business relationship and ownership category y’all fall under and if that broker supports you lot.

Additionally, brokers may offering gratis and paid accounts for more casual traders.

Step 8. Tin Y’all Withdraw Your Funds at Whatever Time?

Y’all volition more than likely desire to receive your profits as presently every bit possible.

Depending on the broker, yous can expect to receive your money anywhere from 24 hours to a few days afterwards the withdrawal request.

If y’all desire to receive your coin quickly, find a broker with a short turnaround time.

It is also important to notation that brokers with a complicated withdrawal process that keep your profits for an extended length of fourth dimension, should be treated with suspicion.

Step 9. What Are the Payout Policies?

Some binary options brokers may place a limit on the amount you can withdraw at a single fourth dimension.

Others take no limit but take a fee at both ends of the trade so your maximum payout is around 85% of your profit.

Brokers tin get artistic with their policies and fees. If you don’t research thoroughly, they might take more of your coin than you originally anticipated.

Additionally, they may offer other advantages or rewards to make up for their payout policies.

Frequently Asked Questions

There are several legitimate options available to choose from such as:

  • Binarycent
  • IQ Option
  • NYSE

The best platform volition largely depend on what your personal needs and expectations are as well as boosted considerations such equally what funds you have available for investment.

Yeah. Videforex has consistently been noted as ane of the best binary options brokers in the UK.

It’southward always a expert idea to read reviews equally it can assistance yous to see whether a broker or platform is probable to conform your needs.

Both positive and negative reviews can requite an insight as to how well a company is likely to work for you.

If there are several negative reviews, this can assist to warn you against potential scams.

In the United states, it is illegal to operate as a binary options broker unless you lot are registered with the relevant regulatory body.

Yes. If a broker is regulated by the relevant financial authority, then they can be trusted to act within the police of the country in which they operate.

Each pick has its pros and cons. Whether you cull to invest in binary options or forex will largely depend on your own needs and requirements.

In theory, yes. Information technology is possible to earn money and become wealthy through binary options, simply you should always remain aware of the risks involved. You should never invest more money than you can beget to lose.

If you discover that you have been scammed by a bad binary options broker then in that location are several ways to try and get your money back.

The offset matter that you can do is request a chargeback. This requests for the finds to be placed directly back into your bank account.

Alternatively, you tin register a complaint with the financial establishment which authorized the transfer of funds.

As a last resort, you tin can approach the regulatory body for your surface area. They may be able to accept your complaint further.

Final Thoughts

Binary options trading tin be high-hazard investing. Apply all the research and chance direction tools at your disposal to aid you make informed trading decisions.

Before using whatsoever of your money, check the regulations for your country to make sure your trades are legal.

Use your demo account to examination your strategies, check all hidden and additional fees and never invest more than y’all can afford to lose.

WikiJob does not provide revenue enhancement, investment, or fiscal services and communication. The information is existence presented without consideration of the investment objectives, risk tolerance, or fiscal circumstances of whatsoever specific investor and might not exist suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal capital.

Spread bets and CFDs are complex instruments and come with a loftier risk of losing money speedily due to leverage. 74.7% of retail investor accounts lose coin when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to have the high chance of losing your money.