The Best Binary Option Broker In Nigeria

Are you looking for the best binary options brokers? We have tested and compared most of the regulated binary options brokers and platforms in 2022. In this comparison can find the complete list of the all-time and most recommended brokers and platforms, in social club to assist you find the all-time binary options platform that will suit the beginner trader as well equally the most expert traders.

The comparing tables beneath listing and ranks the dissimilar binary trading sites based on unlike criteria similar minimum deposit, maximum return, regulations, and bonuses available.

You can also read our reviews near each banker and platform we recommend in this commodity, this information nigh brokers will aid yous compare them and make the best pick. In this comparison list, you will also find dissimilar tips on how to choose the best trading platform according to your personal needs, all of which will mainly depend on your affinity and preference every bit a binary options trader.


The All-time Binary Options Brokers in 2022

Brokers Payout Min. Deposit Free Demo Bonus Website
98% Payout 10$ Min. Deposit Free Demo Available 30% bonus » Visit
92% Payout fifty$ Min. Deposit Costless Demo Available 50% bonus » Visit
95% Payout 250$ Min. Deposit Free Demo Bachelor 200% bonus » Visit
95% Payout 250$ Min. Deposit Gratuitous Demo Available 200% bonus » Visit
91% Payout 10$ Min. Deposit Gratis Demo Available No bonus » Visit
90% Payout x$ Min. Deposit Free Demo Available No bonus » Visit
90% Payout 5$ Min. Deposit Gratis Demo Available No bonus » Visit
90% Payout 10$ Min. Deposit Free Demo Available No bonus » Visit
ninety% Payout x$ Min. Deposit Free Demo Available No bonus » Visit
100% Payout 10$ Min. Deposit Gratuitous Demo Available No bonus » Visit
Payout = Max amount credited to account in case of successful investment

Quotex

The advantages of Quotex:

  • Low minimum eolith of only 10$
  • $10 000$ Free DEMO Account with no deposit
  • Trading Signals
  • Withdrawals processing is fast
  • Wide range of funding and withdrawals methods
  • Multilingual Customer support 24/7

Quotex.io is probably one of the best binary options trading sites in our comparison. With a simple and intuitive trading platform, with no less than 22 trends indicator and oscillators, too as the most precise trading signals that will help y’all in the development of your trading strategies.
Quotex gives access to More than than 410 instruments such as Forex, bolt and indices. Yous can open a demo business relationship without registration or eolith to practice binary options trading and develop your strategies. To merchandise in real money, a deposit of only $ 10 is required which makes Quotex one of the most affordable binary pick brokers. Deposits and withdrawals are made by diverse pop payment methods such as Visa and MasterCard debit and credit cards, Skrill, Neteller, Yandex Money, WebMoney and Qiwi.

Pocket Option

The advantages of Pocket Option:

  • Traders from all over the world are accepted (US and Uk traders are accepted)
  • Minimum Deposit amount $l
    minimum trade amount $1
  • $10 000$ Free DEMO Account
  • 50+ PAYMENT METHODS
    $0 committee on DEPOSIT and WITHDRAWAL
  • 50% bonus
  • Re-create Trading bachelor
  • MT5 forex

Pocket Option is i of the all-time brokers for binary options trading. Pocket choice allows you to merchandise online with over 100 assets through its spider web platform, mobile app or MetaTrader five trading platform. This binary options broker operates under the visitor proper noun Gembell Limited which is located in the Marshall Islands. Information technology is a serious offshore banker for trading stocks, commodities, forex, currencies, crypto currencies.

This binary broker is regulated past IFMRRC and accepts clients from all over the globe, including traders from the Usa and Europe. It is very easy to open an business relationship on Pocket Option and withdrawals are immediate. We discover that this banker is very popular and appreciated by traders all over the world. You tin can trade binary options on a modern web platform and their trading app which has everything you need for a top level trading experience including popular indicators and signals. The return on investment is very loftier and goes up to 95% +. In add-on, many special features brand the banker unique such every bit Copy Trading also as other innovative features.

RaceOption

The advantages of Raceoption:

  • Traders from all over the world are accepted (US and United kingdom traders are accustomed)
  • Guaranteed withdrawals processing within one hour
  • Possibility to trade over weekends
  • LEVERAGE Upwards TO 1:100 in forex and CFD Trading
  • Customer support 24/seven
  • Copy trades with the re-create trading function

Raceoption is i of the most renowned binary options companies. It is a serious binary options broker and provides a clear and intuitive trading platform. Launched in 2014 RaceOption operates under the company name Makerun Corp and is based in the Marshall Islands, it is i of the only binary option brokers to accept clients from the US and around the world.

This broker allows yous to earn up to 95% income in 60 seconds on over 150 assets including stocks, forex currencies, bolt, and indices from around the globe. You can too trade forex via CFDs as well as other assets bachelor on the platform. RaceOption is one of the few binary option brokers to feature Re-create Trading, which is a characteristic many traders like to familiarize with trading and copy top traders registered with the broker. Different other brokers, access to customer service is very easy and this is done through a dialog box visible at the bottom right of your screen.

One of the disadvantages of RaceOption are the deposit fees per cart which go upwardly to 5% yet yous can eolith with crypto currencies like bitcoin, ethereum too as other crypto currencies without fees as well as with Perfect Coin electronic wallet.

BinayCent

The advantages of BinaryCent:

  • Traders from all over the world are accepted (Americans traders and Great britain traders are accustomed too)
  • Investments are minimal:
  • Trades from x cents
  • LEVERAGE UP TO 1:100 in CFD Trading
  • Withdrawals processing inside 1 hour
  • 24/7 customer multilingual support
  • Possibility of Copy Trading

Created in 2017, This broker operates under the name of Moving ridge Makers LTD, a brokerage company based in Marshall islands. Just like other brokers that nosotros listing in this ranking of the best brokers, BinaryCent is non only a binary options broker, but besides provides forex brokerage and contract for difference (CFD) services. CFD gives you the advantage of being able to use leverage. This gives yous the opportunity to have larger positions than you normally can and thus amplify your potential profits.
In terms of regulation, BinaryCent is a banker regulated past the Global Financial Services Say-so (GLOFSA).

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One of the negative points of BinaryCent are the deposit fees per carte du jour of 5% However, you can make quick deposits and withdrawals complimentary of accuse with other payment methods such every bit cryptocurrency equally well every bit with Perfect Money.

IQ Pick

The advantages of IQ Option:

  • Low minimum eolith of simply x$
  • $10 000$ Free DEMO ACCOUNT with no deposit
  • Withdrawals processing is fast
  • Wide range of Assets to merchandise (Options, Forex, Stocks, Crypto, Commodities, Indices, ETFs)
  • Wide range of funding and withdrawal methods
  • Multilingual Customer support 24/7
  • 1 of the all-time Trading platforms to trade Options and CFDs

IQ Selection is one of the best binary selection broker with a depression minimum deposit of only 10$, and provides admission to the binary options market through its own intuitive trading platform equipped of the four widely spread indicators (Bollinger bands, moving averages, Relative Force Alphabetize and Alligator) to help traders forecast the direction of price movement correctly. IQ Option as well allows yous to speculate via contracts for difference (CFDs) on stocks, cryptocurrencies, and ETFs as well as on various digital options. The IQ option trading platform is used to trade CFDs as well equally to trade binary options and digital options. Yous tin merchandise with leverage on different assets such as forex, commodities and stocks also as on indices. IQ choice is a CySEC Regulated broker and is MiFID compliant. However, clients outside the EEA operate with a company called IQ Option Ltd. which is based in St. Vincent and the Grenadines. The main advantages of trading on IQ option are the ability to open an account with a deposit of but $ ten. The power to trade over 14 cryptocurrencies besides as forex with low spreads and admission to a wide range of digital options with payouts of upwards to 900%.

OlympTrade

The advantages of OlympTrade:

  • Compatibility with MT4 trading platform
  • Minimum eolith of only x$
  • Complimentary demo account with no deposit
  • Withdrawals processing is fast
  • Broad range of Assets to merchandise
  • Broad range of funding and withdrawal methods
  • Customer support Available 24/vii

OlympTrade is a serious online trading broker that accepts traders from near countries of the globe. This online brokerage companie are fully legal and officially registered and accept received several awards for their professionalism. This Binary options broker is regulated by the International Finance Commission since 2016 which is an first-class signal. On our binary option broker list, OlympTrade is the all-time binary option banker with MT4 trading platform. The custom-built platform of OlympTrade has been adapted for whatsoever device you may choose and switching is 100% seamless. you tin can Explore the platform and test your trading strategies for complimentary and can make quick and easy deposits and withdrawals with Banking company Bill of fare, JCB, Union Pay, Neteller, Skrill, Perfect Coin, WebMoney, Bitcoin, Tether USDT and Ethereum.

With this online broker, you can trade Currencies, Stocks, Metals, Indices, Commodities, Crypto, ETF and OTC avails with their platform or with the MT4 trading platform that many traders like for online trading.

Binary.com

The advantages of Binary.com:

  • Minimum deposit of only 5$
  • Free demo account with no deposit
  • Wide range of funding and withdrawal methods
  • Withdrawals processing is fast
  • Wide range of Assets to merchandise
  • Customer back up Bachelor 24/vii

Binary.com started its activity in 2000 and is a renowned binary options broker that allows yous to benefit from the same rates as traders in the interbank market place. All prices are in real fourth dimension, compared to interbank options markets. With returns of upward to 100% on high / low option contracts and returns of up to over chiliad% on higher / lower and touch / contactless trades.
all without any hidden fees or commissions. This broker is 1 of the best in the binary options industry. With this banker you have admission to a wide range of avails such as currencies, stock indices, commodities, and synthetic indices and you can choose expiration periods ranging from ten seconds to 365 days on binary pick contracts.

Binary.con is licensed and regulated in the British Isles and in Malta since 2015 and operates with the strictest security standards in the industry by segregating your funds and holding them with secure and approved fiscal institutions.

You lot can make your withdrawals and deposits with a broad variety of payment methods such every bit bank transfers, Visa, Mastercard and Maestro debit and credit cards and a multitude of electronic wallets such equally Skrill, Neteller, WebMoney, QIWI, PaysafeCard, Sticpay, Airtm, PerfectMoney and FasaPay.

Binomo

The advantages of Binomo:

  • Minimum deposit of only 10$
  • Free demo business relationship with no deposit
  • Withdrawals processing is fast
  • Wide range of Assets to merchandise
  • Customer support Available 24/seven

Binomo is a well-known make in the online trading and binary options manufacture. This banker has won numerous awards, notably the IAIR Awards and the Iron Awards. Binomo is regulated by the Financial Commission, an contained regulatory body that compensates clients for bad brokerage practices and litigation. This broker gives you lot access to a demo account of $ 1000 to improve your trading skills and observe a wide range of fiscal opportunities. You tin can showtime trading with
only $ ten and minimum trades showtime at $ 1. With binomo you can trade simultaneously without restriction. Trader the calendar week and gives you the opportunity to trade using a broad range of avails via binary options and CFDs. Like nigh of the best brokers, you lot tin trade with their app for iOS and Android also as stay informed instantly nearly merchandise closings and markets endmost, promotions and tournaments.

With this broker, You can make deposits and withdrawals quickly via Visa, Mastercard and American Express cards also as via JCB and People’s republic of china Union Pay.

ExpertOption

The advantages of ExpertOption:

  • Minimum deposit of only x$
  • Free demo account with no eolith
  • Withdrawals processing is fast
  • Wide range of Assets to trade
  • Wide range of funding and withdrawal methods
  • Client back up Bachelor 24/vii

ExpertOption is one of the leader in online trading industry and is trusted past more than than fifty,000,000 clients. This broker received the honor of the Best Trading Platform at China Trading Expo in May 2017. On ExpertOption, you can trade amid more than than 100 assets and stocks and is continuously adding new fiscal instruments to accept more and more marketplace opportunities for traders. Instead of using classic trading platforms like MT4 and MetaTrader 5, this binary option banker has its own platform with 4 types of charts (Expanse, Line, Bars and Candles) eight indicators (Moving average, Bollinger bands, Alligator, Parabolic SAR, Fractal, RSI, Crawly oscillator and MACD) and trend lines for your technical analysis. Expert Selection gives yous the possibility to use a Social trading function too, which can help beginners as well equally expert traders to copy the trades of the best traders.

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Deposits and withdrawals of coin on Expert Option are fast and without commission. They tin can do this with Visa, MasterCard and Maestro debit and credit cards as well every bit various payment methods such equally skrill, Neteller, m pesa and JCB.

The Banker Expert Option does not take citizens and residents of the European Economic Surface area as well every bit other countries and regions of the world such equally the Usa, Canada, Russia, Switzerland, Israel, New Zealand, Australia, Puerto Rico, Singapore, Bangladesh, Indonesia, Islamic republic of iran, North Korea and Yemen.

Spectre.ai

The advantages of Spectre.ai :

  • Minimum eolith of merely 20$
  • Free demo business relationship with no eolith
  • Wide range of funding and withdrawal methods
  • Yous tin can merchandise directly from your ain digital wallet without making a deposit
  • Withdrawals processing is fast
  • Wide range of Assets to trade
  • Customer support Bachelor 24/vii
  • Halal Binary options broker

Specter.ai is a blockchain-based broker that uses crowdsourcing technology, which allows traders to trade directly confronting Specter.ai liquidity pool or against other traders. One of the particularity of this binary options broker is that information technology is entirely based on a gear up of audited and secure smart contracts. With the blockchain technology and integrated smart contract of this broker, you lot can merchandise directly from your ain digital wallet without making a deposit.

This broker is likewise recommended to Muslim traders because it is a Sharia-compliant halal broker, with no hidden fees, no haram avails and with no-fee trading. This allows the trader who honors the Islamic religion to be able to trade their preferred avails while respecting their organized religion and beliefs.

Nadex

The advantages of Nadex:

  • United states of america Regulated binary options brokers
  • Withdrawals processing is fast
  • Wide range of Avails to trade
  • Customer back up Available 24/vii

Nadex is a U.s.a. regulated binary options banker, besides known as the Due north American Derivatives Substitution is one of the largest US binary options brokers that offers a 100% legal opportunity for American traders to invest in the binary options market, Bear on Subclass and Telephone call Spreads. This broker is regulated by the CFTC which is i of the most renowned regulators in the online tarding industry and guarantees yous financial compensation in the consequence of a dispute with the company. Of course, this binary options broker accepts US American traders and gives them admission to a whole range of derivative products such every bit binary options and other financial derivatives.

Nadex offers 3 dissimilar ways to deposit and withdraw funds, past debit card, wire transfer / ACH or wire transfer.

Compare brokers and platforms

Brokers are essential intermediaries for any traders wanting to accept access to the binary options market place. Comparing brokers is an important stride to ensure that you are trading binary options in adept condition. On our site, we have compiled a list of all the comparison factors that are important to your decision-making when choosing a broker. These criteria will help you select the broker suited to your needs with which to open an account:


There are several criteria that traders must use to select a suitable binary options broker:

• There is the issue of trade types. Some binary options offer all trade types, while others are more restrictive.

• There is also the choice of trading instruments. Some brokers have great depth and are able to offer financial avails for trading that cover the forex, commodity, futures and bond markets.

• here is also the issue of payouts, trading costs, bonuses, and trading conditions.

All of these factors will ultimately bear on the way a trader plays the market, and ultimately, his profitability. The ideal situation is to get a binary options broker that offers several financial avails spread across several markets, offers a reasonable bonus with a good payout approaching 90%, and offers flexible expiration dates without boxing traders into very long expirations. For more information you can also read our commodity on choosing a binary options banker.

Keeping this in view, nosotros have tried to employ these criteria to draw upwardly what we feel are the best binary options brokers that traders tin do business concern with. The listing is non very exhaustive, merely we consider this a proficient place to start.

The main financial market regulatory bodies are as follows:

CFTC – Commodity Futures Trading Commission (U.s.a.)

FCA – Financial Conduct Authority (United kingdom)

CySec – The Republic of cyprus Securities and Exchange Commission (Cyprus and the EU)

FSB – Financial Services Lath (South Africa)

ASIC – Australian Securities and Investments Commission (Australia)

The primary objective of regulating financial markets is to protect traders by ensuring that brokerage and financial services firms protect their client’southward money, besides as providing legal remedies in the event of litigation and corruption from brokers. So you should be taking this factor into account when choosing an online broker.

The listing below lists the main regulators of online trading, at that place are others besides the 1 mentioned below. Please also note that more and more brokers are regulated by more than one regulator. In most cases, the about reputable brokers are more often than not regulated.

Regulated binary pick brokers

The regulation and licensing of brokers should be considered when choosing your binary broker. This allows y’all to become your money back in the event of a problem or bad brokerage practices. Trading with a regulated broker gives y’all the guarantee that you are trading in good condition.

There are always serious and honest unregulated brokers out there, but many are untrustworthy. This means that a trader should have more than care when trading with unregulated brokers.

Demo Accounts

Opening a free demo account for binary options is the best fashion to go an overview of what the broker has to offering. This will allow you to familiarize yourself with their platform and test unlike trading strategies without risking your coin. You tin also open a demo account on several brokers to compare them and cull the broker that suits you all-time. These free trading accounts are very useful to be able to see in item certain criteria such as the return on your favorite assets or to have a consummate overview of the functionality of their platforms for case.

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Deposit bonus and no deposit bonus

Eolith or no deposit bonuses can be bonny for most traders, allowing you to become more initial upper-case letter to exist able to merchandise. On our website, you will find the brokers with the best bonuses. One time the requested bonus, the coin will automatically be transferred to your trading account. The bonus amount tin vary from broker to broker, it is unremarkably $ twenty to $ 100 or more. Please take into consideration that most no deposit bonuses cannot be withdrawn prior to trading, they merely refer to credited coin for trading. Before accepting a bonus, e’er bank check the conditions of use for the eligibility criteria of these offers.

Depression Minimum Deposits

Past Low Minimum Deposit, nosotros refer to all brokers accepting the first deposit of $ 50 or less. A low minimum eolith should be an important criterion, especially for traders who have just started and who exercise not take large starting capital letter. It likewise gives you more than security, preventing you from losing a lot of money in the event of problems with the broker. Non all brokers offering the same weather and have dissimilar requirements. Some take the kickoff deposit of merely $ 10 while others require a minimum deposit of $ 500 or more …

Payouts

It is always interesting for a binary options trader to trade with brokerage firms offer the best payouts. Not all brokers are created equal and some give better payouts than others on the assets they offer. Nosotros recommend that you register for gratuitous on several of these platforms and compare the payout offered for each asset offered by brokers.

Which is the Best Binary Trading Platform?

Every bit mentioned earlier in this article, there are no best brokers for anybody. because all volition depend on your personal criteria and your analogousness with their platforms.

However, all of these platforms are different, especially in terms of functionality and ease of use. In most cases, brokers who also offering their clients the possibility of trading other financial derivatives such every bit contracts for difference (CFDs) in addition to binary options, mostly take more features and are equipped with better trading platforms.

Accept for example Quotex and Pocket Pick, which are probably among the leading brokers in the industry, all offering professional trading platforms to their clients. There are also other reputable brokerage firms that offer the possibility of integrating the Metatrader 4 and MT5 trading platform for clients who are more than familiar with them.

What consider when choosing a binary options broker?

Here are some of them.

Banker Regulation:

Probably the most knotty issue confronting traders is the issue of regulation of brokers. Proper regulation ensures that abrupt practices past brokers are reduced to the barest minimum. For the binary options market place, regulation will ensure that your funds are safe and that you lot are paid your trading profits appropriately.

Customer service:

A adept binary options broker should accept in identify, a responsive customer service department. There are some brokers that are notorious for having obnoxious customer service staff who are snobbish and rarely give traders solutions to their bug. Information technology is essential that you choose a broker who tin provide live customer conversation services, manned past responsive staff who can attend to your requests promptly.

Range of Trade Types:

At that place are iii major trade types in binary options. Nevertheless, many brokers practise not offer the full range of merchandise types. Some of them even place all manner of limitations that will make it extremely difficult to make money in binary options. These limitations are not usually very obvious to trading newbies, only experienced traders tin can commonly see the pits that are dug past brokers to cause traders to fail. Yous need to be very careful almost the banker y’all select. Select brokers that provide transparent trading conditions.

Trading Software:

The best kinds of trading software are those that make for ease of trading, easy navigability and user-friendliness. If you have to spend one-half of your trading time just trying to navigate around the trading platform in an endeavour to make trades, then you demand to modify brokers. Difficult platforms contribute to trading failures. In addition, there are innovations available now to allow traders to trade on the go. Gone are the days when traders take to stay glued to their computers all day long, looking to grab a trading opportunity when it comes. Thanks to the efforts of the likes of Steve Jobs, we now have smartphones that tin can be used as mobile computers. Many brokers who are responsive to the times are now building mobile versions of their trading platforms for traders to use. This is a big plus as traders do not demand to stay glued to their PCs, and they can monitor their trades wherever they are.

Payouts

Payouts are varied in the binary options market. Some brokers even provide what is known equally “variable” options, which allow a trader to exit a assisting binary options merchandise even before the expiration date. Some brokers also provide payouts as much as eighty% per merchandise. The fact is that we are in the concern of trading to brand money, and if you can notice a broker whose conditions make it more favourable for you to do so, and so y’all need to grab the opportunity with both hands.

Conclusion on the best binary options brokers in 2022

These parameters mirror what every binary options trader needs to know when searching for an advisable broker to merchandise with. If you lot apply these parameters, and add them to what you tin can selection up from binary options brokers review sites, so you can exist sure that you are on the right path to choosing a adept binary options banker.

There is the outcome of trade types. Some binary options offer all merchandise types, while others are more restrictive.

There is likewise the selection of trading instruments. Some brokers have not bad depth and are able to offering financial assets for trading that cover the forex, commodity, futures and bond markets.



At that place is also the issue of payouts, trading costs, bonuses, and trading conditions.

All of these factors will ultimately affect the way a trader plays the market, and ultimately, his profitability. The ideal situation is to become a binary options broker that offers several financial assets spread across several markets, offers a reasonable bonus with a good payout budgeted eighty%, and offers flexible expiration dates without boxing traders into very long expirations.

For more information y’all tin can also read our article on choosing a binary options banker or watch this video which outlines some tips on how to open an account and deal with a binary options broker.

Keeping this in view, nosotros accept tried to utilise these criteria to draw upwards what we feel are the best binary options brokers that traders can exercise business organisation with. The list is not very exhaustive, but we consider this a good place to start. Then here’s one slap-up binary options broker.

Source: https://binary-option.co/brokers/

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