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Choosing a binary options broker

Before you can trade binary options you need to open an account with a binary options broker. There are many different brokers to choose from and it is essential that you chose the right one to trade with. Some of the most important things that you need to consider when choosing a broker are:

  1. The payout percentage
  2. Ease of use of website
  3. Deposit / withdrawal charges
  4. Range of markets
  5. Deposit bonuses
  6. Telephone / email support

When trading with binary options the higher the payout percentage, the more money you will win when you correctly predict the price movement. So it is extremely important that you choose a broker that offers a high payout percentage. I regularly check the percentage payout and of over 50 brokers to make sure that I am getting best payout.

In my assessment I have decided that the broker 'HighLow' offer the best all round package and this is the broker that I use for my own trading. Most brokers offer a 60-65% payout for 60 second binary options but HighLow typically offer a payout of 80%. This is a significantly larger payout and will clearly make a huge difference to the profits you can make. This broker is also offering a £50 bonus for new accounts, so it is worth opening an account just for that! HighLow do not accept US traders so if you are in the US, please scroll down for our recommended US broker.

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The payout percentage varies depending on the time of day and it is for this reason that I suggest you open an account with BOTH brokers. You can can then choose the broker that offers the highest payout percentage when you want to enter a trade.

These brokers are also offering significant deposit bonuses upto 100% of your initial deposit, so it is worth opening an account just for that!


US Traders : Recommended broker

For US traders we recommend BetOnline Financials. This broker offers an impressive 80% payout percentage, which should help to maximize your profits. They also have a very good trading platform and excellent mobile trading options.

BetOnline Financials really is a great choice for US traders and they are currently offering a 25% deposit bonus. So why not click on the link and start maximizing your binary options profits.

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BOL Financials

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