The best binary options brokers of 2021

IMPORTANT: For security reasons already we cannot offer binary options on our website. However, on the net you will find a lot of alternative investment possibilities such as forex trading or CFD with the most disparate offers and services. In addition, in our domain you will find an entry with the best online brokers of 2021 to help you choose a portal that suits your needs while ensuring secure transactions and operations.

Investing binary options allows you to get great profits with modest capital. However, in order to get the most out of this financial product, it is essential to choose a legit broker free from the risk of scams or scams.

Our intention is to help you with your choice and therefore we suggest IQ Option as the best existing platform currently on the market.

In addition, below you can see a table with the, in our opinion, the best brokers available in New Zealand.

Warning: Binary options trading carries risks.

If you want to know the criteria to carry out our classification, continue reading below.

What are binary options?

The binary options trading they are a financial tool that allows trading up or down obtaining returns close to 80%. Its operation is quite simple, the investor must predict whether the price of a financial asset (usually currencies, stocks, indices or commodities) will end up above or below the current price when a certain period of time elapses. In the event that the investor gets his prediction right, he will earn a return that is normally close to 80% and, if, on the contrary, he fails, he will lose all his capital. This makes binary options have some important features to take into account when investing.

The first of these, and most important, is that the investment risk is very high, since when a prediction fails, the entire investment is lost. This means that at the time of investing in binary options, you should think of them as a leveraged product, in which much more money is really moving than the one invested, but with the advantage that the loss is limited to the amount invested. If, for example, you invest $ 1000 in shares of the XXX company, and the price goes up by 10%, you would earn $ 100, if that same amount went down, you would lose $ 100, but it could go down more, for example, by 20% and you would lose $ 200 or even it could happen that the company went bankrupt and lose the $ 1000. With an 85% return binary option, if you invested $150, there would be two options: win $127.5 and in the end get a total of $227.5 or lose $150. In the event that the share price continued to fall by up to 20%, 30% or 40%, your maximum loss would be that $150. That is to say that with a much smaller investment, you can get a profit similar to that raised in the example of $ 1000. Therefore, although binary options are a risky type of investment, with them you can manage the risk, as if you were trading with larger amounts of money. What you probably shouldn't do is invest those $ 1000, which we talked about at the beginning of the example, in the same asset through binary options, but manage your investment, to risk much less to be able to obtain returns similar to those that you would get risking all your capital.

The second fundamental feature is that with binary options you can invest up and down. This means that when prices go down you can keep making money. Something impossible with traditional actions. The great advantage over other financial products that trade on the downside, is that binary investments they can be carried out with small amounts of capital.

The third important feature is the time frame of the investment. With binary options you can invest in the very short term, which means that you can multiply your profits if you get hits consistently.

In summary, binary options have a reputation for being a high-risk financial instrument and it is true. But with proper capital management, an investor can optimize them to obtain high returns, risking modest amounts of money.

How to trade binary options

For trading binary options the first thing you need is to choose a broker through which to invest. To do this, we offer you the table available at the top of this page, where you will find a list of safe and scam-free financial platforms.

Once you have your account, you must make an income on the platform. In this regard, we recommend that you take a look at the platform's money withdrawal options, since many of them only allow you to withdraw money through the same means by which the deposit was made. If so, choose the one that suits you well. Our advice is to use a credit card, for the security that entails. Already with the money in the broker's account, you will see that most of them offer the following possibilities:

• Classic binary options , with which you must predict whether the price of the asset will end up above or below the current price.
• Interval , in this case you will have to predict whether the price of the asset will end up between two established limits or outside of them.
• One touch (one touch), which consists of predicting if the price will touch a certain amount at some point in the time period until expiration, regardless of the effective price at that expiration.
• Couples, with this option you must predict which of the two assets will vary more in maturity with respect to the initial price.
• Other: Many brokers offer their own modalities based on the previous ones or totally innovative. Read their terms and conditions carefully and if it seems to you that you can make a profit, try them with small amounts to check it out.

In addition, to invest large amounts in binary options it is advisable to have an alternative source of information to the platform itself. Regulations require platforms to provide reliable information, but if you are going to take it seriously, you may be interested in hiring a provider that offers fully updated market information.

Finally, it should be noted that it is convenient to have knowledge of technical analysis to be able to predict in a more reliable way the future evolution of the market. Keep in mind that the more turnover an asset has, the more suitable technical analysis will be, since in stocks of small companies, a single investor with sufficient capital can influence prices. The truth is that this is usually not a problem, because brokers only usually offer the possibility of investing in assets with large trading volumes.

Criteria for evaluating a binary options broker

At the time of evaluating a binary options broker with which to operate you must take into account several factors. The first and most important is to avoid anything that could be a scam. In addition, you should take into account their offer in terms of products and promotions, because only with a good offer from both you can maximize your benefits. Finally, you should take into account other factors such as the quality of customer service, the availability of mobile applications and even the possibility of participating in games or competitions that may mean a small plus of profitability when you have a good streak.

How to tell if a broker is a scam

The main question that binary options investors ask themselves regarding brokers revolves around whether the investment platform is managed by a legit company or is a scam. In this website, we want to answer that question (and many others), but we also want to help you make your own decisions. Below we explain the main aspects that you should check to know if a broker is a scam:

1. Regulations: Financial brokers who want to prove that they are not a fraud, strive to comply with the strictest regulations that impose scrupulous security requirements regarding their users. You should look at which regulatory authority a broker is registered with and if it is also registered with the CNMV. With this you can be sure that it complies with the Markets in Financial Instruments Directive (MiFID), a real guarantee for investors.
2. Physical address and contact details: Fraudulent companies that are engaged in scams do not usually offer information about the physical place where their offices are located. On the contrary, legit brokers have no problem doing so.
3. Terms and Conditions: It is important that financial platforms publish their terms and conditions clearly on their web pages. The same goes for the conditions of bonuses, which sometimes lead to problems with cash withdrawals.
4. Encryption of information: This is a widespread practice, but no less important. Whenever there is going to be a money transfer, you must make sure that the website with which you are going to operate, encrypts the information, using SSL encryption.
5. Deposit methods, withdrawal and requirements: Many accusations of fraud and scam come from users who have not well understood the requirements to withdraw the money. Platforms must verify your identity and this does not mean that they hinder you from recovering your cash, but that they are forced to do so by international anti-money laundering regulations. They will usually ask for a copy of the identity card and an invoice addressed to the address you gave them when registering in which your name can be seen.
6. Customer service: In itself it is not a guarantee of security, but a good customer service can avoid many problems, when taking out the money, linked to the bonuses and identification requirements mentioned in the previous two points.

How to choose a broker to invest in binary options

Once you have a clear list of safe binary options brokers, it's time to choose the one that suits you best taking into account your individual characteristics. Below we explain the factors for choosing a binary options investment platform, sorted by importance.

Security

We have explained the details above and we are not going to repeat them, but without a doubt safety is the most important factor when it comes time to choose. Avoid tempting offers from dubious brokers or those that look like scams. In investing, the risks must be associated exclusively with the investment itself and not with fraud.

Availability of assets

Virtually all safe binary options brokers offer the possibility of investing in stocks, commodities, indices and currencies. However, the diversity of assets within each category varies a lot and should be one of your decision factors. Make sure that the broker offers the assets with which you have the most experience. It is also necessary to take into account the offer of different types of investment options (such as those explained in the How to trade binary options section) apart from the classic binary options investments.

Mobile application

One of the great attractions of investing in binary options is the fact that you can do it from anywhere with an internet connection. In this sense it is important that the broker has good applications for mobile devices, since it will not always be possible for you to travel with your laptop. If you are going to take this type of investment seriously, make sure that you are not going to miss opportunities every time you have to leave your workplace.

Welcome bonus

Welcome bonuses are not intended for you to earn money with them, but for you to learn how to manage the website perfectly with a smaller investment than you would need under normal conditions. This does not mean that it is not possible to make a profit from bonuses. If that is your intention, you must be very clear about the volume requirements that each financial platform demands before you can withdraw the money. The difference between a broker that demands a volume of 40 times the bonus amount and one that demands 50, can be very important. Logically, all other things being equal, always choose the one that requires the least volume of operations.

Customer service

Customer service is essential for every website where money plays a special role. It is important that the broker has enough customer service hours and that these coincide with the hours in which you are going to trade. If a problem occurs, you will want a quick response, since uncertainty about monetary matters is not recommended at all. Of course it is also important that they offer you good answers and that they are informative. Before you start investing heavily in an operator, try their customer service and see for yourself that they meet your expectations.

Games and competitions between users

Some platforms, such as IQ Option , they develop competitions between users in which the investors with the highest profits in a certain period of time get a prize. Investment should not be a game, but if you participate in the games and keep your investment strategy unchanged, everything you get thanks to the competition, will be benefits to greater. Some users prefer to take the investment as something more playful and for them the games will certainly make a difference.

Finding

In conclusion investing in binary options can be highly lucrative. The risks associated with investing should be limited to those of the type of financial product, but you should never operate with the risk of falling into fraud. Therefore, you should not invest through a financial platform that you have the slightest doubt that it may be a scam.

To help you choose the right broker Estafa.info he has prepared some very complete reviews and analysis, which we invite you to read from here. In any case, we recommend that you always keep in mind the table at the top of this page when choosing your financial binary options broker.