128 Top Binary Options Brokers Reviewed in 2023

eToro is, first of all, an international foreign exchange broker that uses advanced technology to copy the trades of successful traders.

This unique platform provides the best conditions for social trading with indices, foreign currencies, shares of well-known companies, and commodities.

Choosing among brokers with sufficient experience of activity in the Forex market, you should consider eToro.

ExpertOption, boasting over 70 million users, aims to deliver an exceptional trading experience for beginners and veteran traders alike. A comprehensive review is crucial to verify if it lives up to these user expectations.

Bernard Baruch once said, "In trading, it's not about how much you make, but how much you don’t lose." There are a lot of trading platforms out there today, but how many of them care about your profits? Most of these platforms are just after your funds and do not care much if you’re losing.

Founded in 1998, the Financial Intermarket Brokerage Online Group (FIBO Group) has grown into a leading brokerage firm, servicing both individual and institutional clients with an online platform for active participation in various financial markets.

It markets itself as a beginner-friendly broker offering a great selection of assets and trading instruments to experienced and novice traders alike. Its reliability and exceptional features make it an excellent choice for anyone seeking to engage in the world of trading.

Orbex

IQ Options is one of the top-rated brokers. But why choose IQ? Why not the dozens of other such platforms?

Well, I have the perfect information to help you decide. Let me show you how IQ stands out before explaining what it is.

Forex Club, a well-known forex trading broker, stands out in an industry where there a lot of brokers. Its abundant content and stringent security protocols position it as an excellent choice for Russian users unfazed by the broker's lack of regulatory oversight. Conversely, non-Russian speakers may perceive Forex Club as a less optimal choice due to the language barrier and absence of regulation.

Online trading has completely revolutionized how traders enter the market – and who those traders are. Now, even without any formal training, anyone can earn money from it. You just need an internet-enabled device like a smartphone and you’re set.

XTB stands out as one of the most recognized brokers worldwide. With a two-decade-long operational history, this financial broker has established offices in thirteen countries, including the UK, Poland, Germany, France, and Chile. Offering over 2,200 instruments, XTB caters to the needs of more than 495,000 clients.

HYCM, also known as Henyep Markets, is a leading provider of forex and contracts-for-difference (CFDs) trading services. With a respected presence in the industry over the last forty years, HYCM has established a strong reputation for its reliability and transparency.

FxPro offers an array of assets and instruments for a smooth trading experience, designed to meet the diverse needs of its users. Whether you're a novice stepping into the world of Forex and CFD trading or a seasoned expert in search of advanced features, FxPro has got you covered.

Finding a two-in-one financial platform that can perform up to high standards is difficult as a regular financial broker does.

Spreadex is a two-in-one platform — offering CFD trading & sports betting services—that has been around for years.

This article reviews whether or not this broker meets the required expectation.

Without a doubt, IronFX remains at the forefront of top brokers, delivering a reliable and unparalleled trading experience. Its quality is underscored by positive feedback from satisfied clients. Let’s take a look at what users like and dislike about the broker, to help you decide if it may be worth checking out for yourself.

Tickmill has been in the brokerage business for a while now.  It provides great flexibility to all types of traders. 
Do you know that Tickmill started in 2014? Let’s dig deeper and find out everything we can about the broker

Gerchik & Co operates worldwide with leveraged trading on forex, stocks, and indices. Picking an online broker to trade with can be tricky, especially when dozens appear on a simple search. We will explore this digital broker in depth to see how it fits your needs.

Gembell Limited manages the Pocket Option broker. It started its operations in 2017 and has its registration in the Marshall Islands.

Interactive Brokers (abbreviated as IBKR or IB) is a globally-recognized brand which offers online trading in forex, stocks, exchange traded funds, futures, CFDs, bonds, options, cryptocurrencies, mutual funds, and more.

Firstly, the broker is regulated by the Financial Services Commission (FSC) of Mauritius and holds licenses from CySEC, FCA, and MiFID. It offers a variety of trading instruments, such as Forex pairs, CFDs, Commodities, Indices and Cryptocurrencies, which can trade on the MetaTrader4 and MetaTrader5 platforms.

Ayondo is a London-based forex broker offering a diverse range of trading instruments, with a focus on currency, indices, precious metals, shares, and commodities. In 2018, however, the platform's parent company faced financial hardships, halting its operations.

If you're considering starting social and copy trading, this article reviews one of the most prominent social trading apps, ZuluTrade.

This review aims to provide you with a thorough exploration of Darwinex, covering all the critical aspects of this platform.

By the conclusion of this review, you'll be well-equipped with the necessary information to decide whether Darwinex is the trading platform that best suits your needs.

Vantage FX is one of the leading Australian brokers recognized globally for offering a suite of services for traders, including Forex trading, Cryptocurrency trading, indices and CFDs.

With a diverse range of offerings, xDirect provides services on financial markets for individual and institutional clients worldwide. Through its reliable trading platforms, the broker provides access to trade instruments such as forex, commodities, indices, and cryptocurrencies (xStation and MetaTrader).

Hirose, a globally acclaimed online trading platform, boasts a staggering monthly revenue exceeding 90 billion US dollars.
Its superior services have rightfully earned it a reputation as one of the world's top financial brokers.

First of all, the number of potential traders is limited, that is, everyone who planned to work in this field of activity already has trading accounts, and it becomes much more difficult to attract new participants.

I highly recommend Nadex to anyone seeking high-quality trading services. However, it's critical to conduct your own research to determine if Nadex aligns with your trading needs.

To aid in your assessment, consider starting with this insightful article documenting real experiences with its reliable online trading services.

AAATrade is a Cyprus-based broker that provides access to shares, as well as CFDs in stocks, forex, crypto, indices, and commodities.

The broker is regulated and there is no minimum deposit amount, which means you can start trading with any amount you wish.

Tradeo provides a simple and revised way to trade and invest in the financial market, suitable for both beginners and experienced traders. This is possible through Its edge-cutting trading technology and inclusive trading environment.

At the moment the broker is not working! The company closed due to violations of regulatory requirements and a large number of complaints.

Many analysts, economists, and other specialists who study the global financial market say that today, on the internet or in print media, it is almost impossible to find a broker with an impeccable business reputation.
For example, let’s consider the trading platform Binarium, which has a considerable amount of negative and positive feedback on the internet.

SimpleFX, a rapidly expanding CFD broker, has impressively diversified its offerings over the past nine years.

Serving a vast clientele of over 200,000 traders from 190 countries, SimpleFX notably offers high leverage up to 1:500 on a range of CFD assets, which include Forex, cryptocurrencies, and beyond.

I hadn’t heard of Exante until just a few months ago, so I decided to check them out and compare them against other global brokers such as Interactive Brokers. I was surprised to find that they are comparable and available in most countries around the world.

TradeStation is a top-of-the-line trading platform for stocks, options, futures, and crypto.

Charles Schwab is a U.S. no-commission regulated broker that also offers trading services to international clients. Users can trade stocks, options, futures, ETFs, mutual funds, and bonds.

It is a great broker for active traders and long-term investors. Learn all the pros and cons of using one of the most long-standing brokers in the US with our in-depth look at Charles Schwab.

UFX is a Cyprus-based brokerage company. It is one of the well-known European brokers.
So, the question is, why should you choose UFX? Let's find out everything about the broker.

Ally Invest offers commission-free trading on stocks and ETFs, which is a great feature, but the platform may not suit sophisticated investors or active traders. Read all about this broker so you can see if it is a good fit for you.

E*Trade is a comprehensive online brokerage and financial firm, catering to a broad range of users — from novice to experienced traders and investors.

Its dedication to simplifying users’ connection to the financial world is evident through its diverse selection of financial assets and instruments.

E*Trade offers an array of account types, each with a multitude of investment options, and all providing the benefit of commission-free trading.

E*TRADE is an online broker that commenced operations in 1982 and was acquired by Morgan Stanley in 2020. It is a major broker in the US, providing all types of investors with access to stocks, futures, options, ETFs, mutual funds, and bonds. It does not offer forex trading and generally does not service clients outside the US.

Deriv is a CFD and digital options broker regulated in several small countries, but not with any major countries/regulators.

It offers spreads on some products that are competitive, but relatively high on other products, and has a wide range of deposit and withdrawal methods.

Olymp Trade is a reputable online trading platform headquartered in Saint Vincent and the Grenadines. It provides an array of trading instruments, features, and learning resources suitable for both beginners and seasoned traders.

BinaryMate entered the brokerage industry in 2016. Did you know the company has Scottish roots?
In this review, I've outlined some of BinaryMate's essential features. So the article will help to determine whether BinaryMate is a good fit for you.

If you are looking for a reliable broker for online forex and CFD trading, you may be familiar with how frustrating it can be to find one that meets all your needs. Frustration was mounting within John (a close friend and an avid trader) as he searched through yet another online forex trading site.

OvalX is a highly regulated and secure broker for forex and CFDs. They have been in operation since 1965, making them one of the most established brokers in the forex and CFD industry. OvalX was formerly ETX Capital.

Today, we’re going to delve into the award-winning forex broker FXCM (short for Forex Capital Markets), which is one of the few original retail forex brokers that has stood the test of time.

Established in 2005, xDirect is a reputable brokerage firm based in Kyiv, Ukraine. Since its launch, the broker has become renowned for its outstanding financial services and global presence (well-represented in the CIS countries, Asia and Latin America).

Its popularity is no surprise, as the trading platform happens to be a subsidiary of one of the largest European brokerage groups, HTV.

Have you heard about Robinhood? I'm not talking about the mythical character; I'm talking about the investing app. Did you know in 2021, Robinhood's total users reached 22.7 million? This guide will talk about the Robinhood app and whether it is worth trying in 2022.

IQ Cent offers appealing features such as high payouts on options trades and low forex spreads. Its drawbacks include no regulation and some hidden fees. Learn all about the pros and cons of this broker.

Are you looking for a reliable, easy-to-use, trading platform in India? If yes, Zerodha, a firm dealing in financial services, might be the right pick.

Having made a mark in equity and derivatives trading and steadily foraying into the forex space, Zerodha is certainly the right choice for anyone looking to start their trading journey in 2023.

I have been a part of Fisher Investments for some time now. I am going to share my in-depth research and experience about the firm. 

In this article, I will give you first-hand experience with Webull, an online brokerage firm I use.

In this article, I will review Wealthfront based on my experience with the brokerage company.

The Indian crypto race is heating up. Crypto brokers and exchanges are loading their interfaces with features or trying to bring other financial products into the mix just to live out the bear market.

Among these players is WazirX, one of India’s most reputable exchanges that offer international trading flavors to the people.

Reliable Indian crypto brokers are hard to come by. While some are way too simplistic regarding their offerings, some have underwhelming user interfaces — driving customers away in droves.

Yet, if, as a crypto trader and investor, you seek the right balance between features, ease-of-usage, and affordability, courtesy of low trading fees, Bitbns is a name to consider.

Angel Broking was rebranded as Angel One in 2021, driving a paradigm shift from traditional stock broking to an all-inclusive fintech exposure.

Cryptocurrency is a hot topic in 2023. And trading and investing in it is hotter, especially if you are in India. Almost 57 percent of the Indian population plans to enter this dynamic space, according to a global report from Consensys. While that looks like a heartening stat, people trying out cryptocurrency for the first time must rely on credible crypto brokers and exchanges. And CoinSwitch Kuber is one of them.

M1 Finance offers a captivating fusion of automated investment and extensive portfolio personalization, complemented by borrowing and spending functionalities. You can choose from over 80 pre-constructed portfolios called "pies," or you can create your investment strategy.

Digifinex, established in 2017 in Seychelles and now based in Singapore, is a cryptocurrency exchange where you can purchase, sell, trade, safeguard, and utilize various cryptocurrencies.

In this article, I will review Varo Bank. We will look at the pros and cons of Varo Bank. Moreover, I will tell you about the services that this company offers. Finally, we will examine the information vital to you as a trader. This includes the commissions, fees, platforms, and user experience.

To be successful in the forex trading system, you don’t need to be glued to your computer all day. With the system outlined in this article, you’ll be more likely to have consistent wins.

Investing in single-family rentals (SFRs) through Roofstock is a great option for diversifying your portfolio. Roofstock’s property managers take care of the daily operations of the rental properties, handling the legwork for you.

Wouldn’t you love an all-inclusive broker or exchange that lets you work with everything – stocks, ETFs, forex, commodities, and cryptocurrencies? Seems too good to be true!
Well, not anymore. Let’s dive deep into the world of Revolut, a one-stop platform that offers wealth creation opportunities, payment options, budgeting tools, and a lot more.

Ranked 24th as per CoinMarketCap’s Trust Score at the time of writing, Pionex is considered a reputable crypto broker.

When looking for a reliable stock and ETF broker, it’s possible you’ll stumble upon a Bank of America (BOA) subsidiary — Merrill Edge. Merrill Edge offers a great experience in terms of the sheer volume of trading instruments on offer. We’ll get into more details later.

Phemex, ranked 42nd according to Coinmarketcap’s Trust Score, is slowly gaining prominence as a crypto broker. With almost 190 tokens and 250+ trading pairs in sight, Phemex has all the necessary instruments the crypto traders crave. Yet, the question remains: Is it good enough to consider registering, or shall you be looking at some of the more established names in the space like OKX or Binance? Keep reading to see if this broker is right for your needs.

Not every individual wants to indulge in aggressive trading gigs involving cryptocurrencies and more. If you are one of those risk-averse folks primarily interested in low-cost mutual funds, ETFs, Index funds, and similar financial instruments, Vanguard seems like the right broker for you.

Uphold might just be the right crypto broker for you if asset diversification is one of your priorities. And yes, if you are a U.K.-based user, getting to use Uphold, along with the Uphold card with zero foreign transaction fees, might just be the right perk for you.

Tired of trading on complicated, laggy, and pricey cryptocurrency exchanges? Well, you can try out Changelly — a reputed crypto broker known for its breakneck transaction speeds, best possible market rates, and interactive mobile apps.

Not every online broker allows you to meet your end-to-end investment requirements! And if you have searched and haven’t identified one, it might be an option to consider Fidelity Investments.

Crypto is growing, and so is the number of trading platforms. And while there are the more established names like Binance and Kraken, the lesser known crypto brokers like BitMart are steadily climbing up the popularity charts, courtesy of an extensive palette of crypto-specific tools and products.

RingoTrade is a binary options online broker that began its operations in 2021, despite having its domain registered since 2016. Notably, the company's primary focus lies in catering to the financial opportunities within the Kyrgyzstan market.