Binary option brokers

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Binaire optiebrokers aan het werk

If you want to trade binary options ('What are binary options? ?')you can't do so directly on the market. You need to trade via a binary option broker. The broker is the link between you and the market. In this article we explain what binary option brokers are, what they do, what differences exist between brokers, and how you can find a suitable broker for you.

What are binary options brokers?

A broker is "an individual or party that arranges transactions between a buyer and a seller for a commission" (Wikipedia). The best known example is a real estate broker: a person who brings buyers and sellers of a house (or other property) together, negotiates an agreement between them, and receives a percentage of the selling price as a reward. It is not any different in the financial world. A financial broker brings together the buyers and sellers of financial products. These products can be stocks, debt, futures ... or binary options of course.

A binary option broker specialises in binary options, and brings supply and demand for these options together. So if you want to buy a binary option on the S&P500 (a U.S. stock market index) the broker looks for someone who wants to sell this option. Because there is no market where binary options are sold directly, if you want to make a trade, you must always do this through a broker.

The broker then provides all the steps needed concerning your transaction: the processing of deposits and withdrawals; ensuring that your money is kept secure; delivering up-to-date price information; the fast and successful execution of your purchases and sales; making good trading software; and providing customer service if you have any questions or complaints. Read more about this here: 'What exactly does a binary options broker do'.

Differences between binary option brokers

Although binary options are a relatively new financial product, there are already several binary option brokers operating on the market. There are significant differences between these brokers. An important difference to look for is how much return on investment a broker offers. On normal 'high/low' options you would typically look for a return of over 80%.

Return is not the only thing that distinguished different binary options brokers from each other. Each broker has its own trading software. It is important that the software of a broker works well for you, and that you fully understand all the options. When you're analysing and trading binary options, you want to be ablt to focus on the market and on your decisions only, and not be distracted by an erratic and unpleasant trading software.

If you are not sure whether you like the software of a broker, it can never hurt to open a trial trading account and try out the software for a few options. If it is not what you want, you can always move to another broker. There are plenty of brokers to choose from, and there is no doubt that you’ll find a broker that's prefect for your needs.

Finally, binary options brokers offer different kinds of extras. For instance, some brokers offer bonuses to new customers on top of their first deposit. (That makes it more attractive to open an account.) Other brokers offer free training materials such as e-books and webinars, to improve your binary options trading skills. Still other brokers give you one-on-one support in your trading account.

Binary option brokers comparison

To make the binary options market more transparent, we have created an overview of binary options broker reviews. In these reviews you will find all the relevant information about different binary options brokers, so that you can compare them and make a better informed decision about which broker to choose.

On the broker review page you can click through to extensive reviews of each broker. In the review, we detail the characteristics of each broker and highlight each broker’s strengths and weaknesses. This way, we hope to make it easier for you to find the best binary options broker.

Become a binary option trader

You too can make money with binary options

Are you already making a profit on the options market? You can earn a lot of money in a short time with binary options. And it is not difficult if you are willing to put in a little effort.

Do you want to take advantage of the opportunities that binary options offer? Then open an account with Broker is one of the longest existing option brokers, and is known for its professionalism, excellent software, and reliability (read the review).

Novice traders can also take advantage of the free e-books and webinars on the website, which will help you to improve your trading.

Start trading binary options now

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Trading in binary options is inherently risky. With binary option trading one can make a lot of money in a short period of time or lose a lot of money. The visitor to this website is deemed to be aware that he can lose his investment completely. Due to the risky nature of this financial product, it is not suitable for everyone. Aspiring traders who are unsure whether binary options trading is suitable for them are advised to solicit the advice of an independent financial consultant.

BinXC, The Binary Exchange, is an informational website about online trading in binary options / digital options / all-or-nothing options. We do our best to give accurate and reliable information, but we do not provide investment advice or financial advice. All decisions made by the visitor based on the contents of this website are at the visitor’s own risk and the sole responsibility of the visitor. Neither BinXC nor its owner(s) and/or associate(s) can be held liable for the outcome of such decisions.

This website is aimed at the Australian and New-Zealand market, and does not accept visitors from the United States of America. Most of the brokers mentioned on this website do not accept U.S. clients. The contents of this website are not valid for the U.S. If you are a U.S. citizen or are in any other way subject to U.S. law, you should not use this website.