The top 11 binary options trading platforms as of today in 2023.

Hello, dear readers! We will be looking at the best binary options trading platforms available today. I've thoroughly examined popular brokers and selected the top 11 companies. I've provided a detailed review for each one.

Carefully examine each broker in this selection, and you will be able to choose the best trading platform for yourself.

The information is constantly updated, and I periodically make revisions to the article. Be sure to read my warning after the list of brokers!

Binarium - this broker has been operating in the financial market since 2012, and according to traders' reviews, it is considered one of the best options for trading in Russia today.

You can trade directly on the website or download the Binarium app for Android.

Advantages:

• Free demo account - upon registration, you receive 60,000 bonus rubles.
• 4 account currencies: ₽, ₴, $, €.
• Minimum deposit: 300 ₽ / 5 $ / 5 € / 150 ₴.
• 12 trading indicators.
• Deposit and withdrawal options include bank cards, Yandex.Money, Neteller, WebMoney, Qiwi.
• Instant withdrawals.
• 100% bonus on the first deposit when you deposit at least 3,000 ₽.

Disadvantages:

• Customers from Israel and the USA cannot register and trade.
• There is no iOS app.
• On our blog, there is a detailed review of the Binarium broker, including promo codes for first and subsequent deposit bonuses.

Intrade Bar - this broker has been operating in the financial market for over 6 years.
The face of the company is Alexey Kosterin, a two-time world champion in crosslifting.
You can open a demo account with $10,000.
The minimum deposit is $10 or 500 rubles.
Withdrawals have recently taken longer, typically within a day, but in rare cases, it can take up to 2 days.

Pros:

• Does not block accounts. According to the broker's statements, they have not blocked anyone for a long time.
• Offers bonuses on account deposits.
• Provides a risk management robot.
• Customer support. The company deducts $5 from the managers' salaries for each unanswered or incorrectly answered question.
• You can fund your account using a bank card, Yandex.Money, Qiwi, WebMoney, Payeer, and others.
• There is a mobile app for Android.

Cons:

Pocket Option - upon registration, you receive 10,000 virtual dollars for practice.
You can trade online through the web application or download the program.
The minimum deposit for the CIS and Asian countries is $10, and for other countries, it's $50.
The minimum order is $1.
There are no commissions on deposits and withdrawals.

Advantages:

• 50+ payment methods.
• A wide range of assets for trading: currencies, commodities, 100+ stocks, cryptocurrencies.
• Social trading - you can copy successful traders' orders with one click.
• Organizes tournaments with prizes up to $50,000.
• Provides applications for Windows, Android, iOS.

Cons:

• Slow response from customer support. I experienced this myself.

Alpari - a company in the financial market since 1998.
Alpari offers more than 50 free courses and seminars for beginner traders.
You can deposit and withdraw money using Visa, MasterCard, Neteller, WebMoney, Skrill, and 31 other instruments.
Withdrawals take 2-3 business days from the moment the request is sent.
Profitability - up to 80%.
Trading terminals - Fix-ContractsTrader (for binary options), MetaTrader 4, MetaTrader 5. There are also 3 mobile applications:

ALPARI MOBILE: Contains tools for market analysis.
ALPARI INVEST: For investments. You can invest in trades of traders you trust.
Alpari Contracts: For trading Forex contracts, including binary options.

A trade is executed in 30 seconds.

FiNMAX - the company was founded in 2015.

Profitability - up to 90%.
Minimum investment - $5, maximum - $5,000.
75 assets for trading.
5 types of accounts:

1. Bronze.
2. Silver.
3. Gold.
4. Platinum.
5. VIP.

2 types of options:

1. High/Low.
2. Above/Below.

You can trade in web mode both from a computer and a phone.
Customer support operates from 8:00 to 20:00.

Advantages:

• Contract purchase period: from 30 seconds to 6 months.
• Withdrawals take up to 48 hours.
• Unlimited demo account trading.
• No spread.
• Instant order execution.
• The company is licensed by CRFIN.
• According to user reviews, a good educational system.

Cons:

• Customer support is not available 24/7.
• Almost all the reviews I found on independent platforms on the internet are positive.

Olymp Trade - the company has been operating since 2014. The platform is adapted for any device, with Android and iOS applications available. No need to download anything on your computer - you can trade online on the website.
Attention! The broker does not collaborate with Russians.
The broker has received 11 awards. Here are three of them:

• "Best Financial Broker" - CPA Life Awards 2017;
• "Best User Support" - Forex Brokers Award 2019;
• "Best Mobile Trading Platform" - Global Brand Awards 2019.

Olymp Trade regularly conducts webinars, so anyone can learn how to trade on this platform.
Upon registration, each trader is provided with a demo account with 10,000 coins for practice.
There are 3 statuses:

1. Starter: For beginners, assigned immediately, profitability - up to 82%, maximum trade amount - $2,000.
2. Advanced: Profitability - up to 84%, maximum trade amount - $3,000, accelerated withdrawal, with a personal analyst. To activate, you need to deposit $500.
3. Expert: Profitability - up to 92%, maximum trade amount - $3,000, 15 unique strategies, 3 closed webinars per week. To activate, you need to deposit $2,000.

Verification is carried out upon request within 5 days.
You can deposit your account with a bank card, bitcoins, or through payment systems like Neteller, Skrill, WebMoney.
The platform offers 80 assets for trading. It features a pleasant working screen with light or dark themes, 10 trend indicators, 15 oscillators, and 6 drawing tools on the chart.
You can trade on 4 charts:

• Zonal chart.
• Japanese candles.
• Heiken Ashi.
• Bars.

The platform offers round-the-clock customer support, with 3 hotlines available.

There's fierce competition among binary options brokers, and in my opinion, Olymp Trade is a worthy broker for Fixed Time Trades. I haven't encountered any problems with it in my 2 months of trading.
When you click on the link above, enter your email and create a password, a free demo account with 10,000 coins will open for you immediately. And then, when you want (or right away), you can start trading with real money.

Binomo - in the market since 2014, a member of the "A" category of the International Financial Commission.

Awards:

• 2015 - FE Awards.
• 2016 - IAIR Awards.
• Upon registration, you receive 50,000 rubles in a demo account.

There are applications for Android and iOS.

Platform Advantages:

• Minimum account - 10 EUR/USD/GBP or 500 RUB.
• Minimum trade cost - 1 EUR/USD/GBP or 100 RUB.
• Non-stop trading mode - you can open other trades even with an open one.
• 24/7 customer support.
• Free trading education.
• Daily tournaments where the best traders can win significant prizes.
• Bonuses are provided when you fund your account.
• Fast payouts - up to 24 hours, but according to reviews, usually within 10 minutes.
• The broker's drawbacks, as per independent reviews on the ratingfx.ru website:
• Issues with fund withdrawals.
• Account blocking without explanation (be sure to carefully read the platform's rules!).

I've read several reviews on the internet, and for the most part, the negativity directed towards Binomo consists of unsubstantiated statements like 'scammers,' 'total fraud,' etc.

ExpertOption - a broker in the market since 2014. Today, it is used by 36.5 million people.

The platform is not suitable for citizens of the USA, Canada, the European Economic Area, Switzerland, Israel, New Zealand, Australia, North Korea, Puerto Rico, Bangladesh, Yemen, Vanuatu, Singapore, and Sudan.

Attention! Since May 11, 2020, the platform has ceased cooperation with Russian citizens.

Awards: Winner at China Trading Expo Shenzhen, May 6-7, 2017.
Minimum deposit - $10.
Minimum trade size - $1.
Minimum withdrawal amount - $10.

Withdrawals take up to 2 days, and you need to send copies of your documents for this.

Advantages:

• 100 assets and stocks for trading.
• Withdrawals through 20 payment systems with no commission, including Visa, MasterCard, Neteller, Skrill, JCB.
• There is a demo account with 1,000 virtual units.
• Programs are available for Windows, Android, iOS, macOS.
• Profit can reach up to 95% of the investment amount.
• They provide trading education.

Cons:

• According to reviews on ratingfx.ru, sometimes the company is reluctant to withdraw funds as long as there are open trades.
• Passive customer support managers.
• Account verification issues may arise."

IQ Option - a broker in the market since 2013.

Not suitable for citizens of the Russian Federation.

You can trade with 17 options.

Awards:

• Quality Mark 2017 in the 'Finance' category - Communicator Awards.
• Best binary options broker and best trading application - IAIR Exhibition, and more.

Minimum deposit - $10.
Minimum trade size - $1.

You can deposit and withdraw funds through Neteller, Perfect Money, Qiwi, Skrill, Visa, MasterCard, Yandex.Money.

Pros:

• A demo account with $10,000.
• 24/7 support in Russian, English, Turkish, German, and other languages.
• Applications available for Android, iOS, Windows, macOS.
• Receive notifications about events on the financial markets.

Cons:

• Limited options for trading.
• Not available for Russian citizens.
• According to reviews, there are occasional issues with customer support.

Grand Capital - the platform has been operating since 2006.

The broker does not provide services in the territory of Russia.

Funds are protected by SERENITY ESCROW, acting as an intermediary between the broker and the trader.

Minimum deposit - $10.

330 currencies, CFDs, futures, and options.

Deposits and withdrawals can be made through Alfa-Bank, Neteller, Perfect Money, Qiwi, Skrill, Visa, MasterCard, Yandex.Money.

Trading will be done through the MetaTrader 4 platform.

The company offers trading education.

Some users online complain that their accounts are blocked without justification.

InstaForex - the company has been operating since 2007 and has more than 260 offices worldwide.

Awards:

• Best Broker in Eastern Europe 2019 according to International Business Magazine.
• Best Managed Account according to IAFT Awards 2019.
• Most Active Broker in Asia 2020 according to AtoZ Markets, and more.

Advantages:

• 24/7 customer support.
• 107 currency instruments.
• Trading of exchange options for 72 instruments.
• 10 trading servers.
• Trading leverage from 1:1 to 1:1000.
• Extensive bonus system.
• Forum.
• Trading education.

Bonuses:

• 100% - for the first deposit, leverage - 1:200.
• 55% - for each account deposit, leverage - 1:200.
• 30% - for each account deposit, leverage - 1:1,000 + compatibility with club bonus.
• Up to 40% - club bonus for each deposit.
• Up to 10,000 - monthly "Lucky Deposit" promotion.
• InstaForex regularly holds contests, such as Miss Insta Asia with a prize fund of $45,000 and the "Win a Ferrari from InstaForex!" contest.

Minimum trade size - $1, maximum - $1,000.

Trading platforms - MetaTrader 4, MetaTrader 5. You can trade online or download them for Windows, Android, or iOS.

Option trading is available for accounts opened in USD, EUR, RUR, US Cent, and EUR Cent.

Deposits and withdrawals: Qiwi, Yandex.Money, LiqPay, Neteller, W1, CashU, EgoPay, bank transfer, and others.

Cons:

• According to user reviews on ratingfx.ru, there are issues with withdrawing bonus funds. Therefore, carefully read the company's rules.
• Withdrawals take from 1 to 5 days.
• Some users encounter problems with Qiwi withdrawals.

Friends, if you primarily rely on online reviews when choosing the best trading platform, pay attention to the following factors:

• Determine whether the positive/negative review is justified or if it's simply the frustration of someone who got carried away and lost their money.
• Consider the source of the review. It should be from a reputable and independent platform, such as Otzovik, RatingFX.ru, Forex-Ratings.ru.
• Check the date when the review was posted. A past issue that has been resolved may not be relevant anymore.
• If the same issue is mentioned in multiple reviews, it's likely a valid concern.
• When choosing a broker, think with your own head. Don't succumb to advertising or the negativity of those who lost due to their own mistakes. Be critical in evaluating the situation.

I'm not encouraging you to trade on these platforms. I've only provided an independent review, in my opinion, of the best binary options brokers. Remember that you are responsible for your finances and the associated risks!

First and foremost, carefully consider whether you really want to engage in binary options trading. Many mistakenly believe that binary options are a quick way to get rich. Let me disappoint you...

This isn't investing or real trading. Options are like a casino. You can easily lose your money, very easily. If you're a person driven by the thrill of gambling, don't know how to manage your finances, lack a trading strategy, money management, and risk management, there's a high probability that you'll lose your deposit.

Yes, you can win big, but you can also lose everything in an instant.

No matter how much company managers may entice you, no matter how they promise you mountains of gold, please don't fall for it. Remember: no one is interested in your earnings!

There's also the risk of fraud. So, approach your choice of a trading platform wisely if you've decided to trade. Check the charts on TradingView, withdrawal processes, and many other important parameters. If you're cheated, it's unlikely you'll prove anything to anyone because most of these companies are registered in offshore zones, and Russian legislation doesn't apply to them.

You should understand where the money comes from in this field: from the losses of other players. For example, if Vasya bets $100 on a decrease and Petya bets on an increase, someone wins and someone loses. The broker, however, is always in profit because they take a commission. It's a similar principle to a bookmaker's office.

Above is a list of currently popular brokers. Whether they are honest and transparent right now, I can't say. You should take responsibility for your own actions. I'm not encouraging you to trade on these platforms, but if you decide to do so, the list is provided. I've gathered only figures and facts about the platforms that I found in their descriptions on their websites, as well as information from their customer support. Some information is based on my own experience.

Please note that binary options trading involves a high level of risk and it's important to conduct thorough research and consider your financial situation and risk tolerance before participating in such trading.

I haven't created a selection of the best binary options brokers in the form of a rating because I believe it's not the right approach. Each individual should determine the criteria that matter most when choosing a broker.

For some, the reputation of the brokerage firm is important, while others may prioritize user-friendly interfaces. Some may seek platforms with a low minimum deposit.

That's why I've compiled a list of the top 11 most reliable brokers for you, and you can decide where it's best for you to trade.

To learn how to trade successfully, I recommend taking at least one paid or free trading course. For your convenience, I've gathered more than 20 valuable educational programs from professionals.

I wish you success in your trading endeavors!