Binary options trading is a high risk activity, you may lose your initial investment. Make sure you understand the risks before opening an account.

 OptionsSingle TradeMaximum PayoutReal Time TradingMinimum Deposit 
CurrenciesCommoditiesIndicesMinimumMaximum
TraderWorld
Binary Options Trading
£5£1,50085%£250
Fully regulated broker with London Based support team. Funds covered by ICF up to €20,000. Full education and training program and unique daily market reports for all clients. Welcome bonus available.
IG
Binary Bets
£10varies90%£100
Weekly, daily and intraday / Ladders, Target, Up-Down, One Touch, and Tunnel / Free live Reuters News - Retail client fund segregation
OptionTime
Binary Options Trading
$5varies90%$100
Fully EU licensed and Regulated Binary Broker. Payouts on every trade up to 90% and a Welcome Bonus up to $2,500.
ETX Capital
Binary Options Trading
£10varies85%$250
ETX Capital is authorised and regulated by the Financial Conduct Authority.
TopOption
Binary Options Trading
$5varies85%$100
The 1st Ever Fully EU licensed and Regulated Binary Broker. Payouts on every trade of up to 85% and a welcome bonus of up to 100% - Powered by Markets.com
Binary.com
Binary Options Trading
£1Unlimitedvariesvaries
Stockpair
Binary Options, Pair Options
£20£5,00084%£200
OptionsXO
Binary Options Trading
£10£200,00089%£99
OptionsXO does not accept traders from the US.
Option Web
Binary Options Trading
$5$100085%$200
Banc De Binary
Binary Options Trading
$1$8,00091%$250
Fully regulated Broker, registered with the U.K's Financial Services Authority, Full educational center and more.
24option.com
Binary Options Trading
$24$100,00089%£250
Binary Options Trading: Forex options, Stock options, Index options & Commodity options.
Grand Options
Binary Options Trading
$25$2000087%$250
Regulated binary options company. Alerts offered and early closures. Bonuses, high payouts, full library of educational material, and excellent 24 hour support.
Empire Option
Binary Options Trading
£25£1,00085%£100
Enjoy daily and weekly market reviews. Start trading with as little as £100.
OptionMint
Binary Options Trading
£25£1,50085%£200
Learn binary options on a complimentary £50.000 demo account
Power Option
Binary Options Trading
$5varies400%$250
Regulated Options
 
Binary Options Trading
$25varies85%£250.00
Fully EU licensed and Regulated Binary Broker. 100% welcome bonus and 10% back on losing trades. Terms and conditions apply.
BDSwiss
Binary Options Trading
$25$1,50075%$100
Fully EU licensed binary options broker. Start trading with as little as $100 and minimum trades as low as $5. Earn up to 89% profit. Loss insurance up to 80% on out of the money trades. No fees and commissions.

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How to Trade Binary Options Successfully

by BillJ

Binary options are often seen as a simple way of trading as every trade has a 'yes' or 'no' answer. We look at how to make this simplicity work in your favour.

Trading Floor

With binary options trading you will always know exactly what you stand to lose and exactly how much you could win for every trade you make. However, that doesn't make any one trade safer or a better bet.

Binary options are bets made on the value of a single asset over a fixed time period. In order to trade options successfully you'll always need to fully research each asset.

Some binary brokers specialise in just one or two assets, depending on the broker this could be any stock, market, currency or commodity. So to be successful, you'll need a scheme that matches your knowledge and interests.

The best binary options broker will offer a combination of the top trader account and a trading platform that's easy to use:

1. Find the best binary options trader account

Compare binary options trading accounts to make sure their asset options fit your strategy. It's no use setting up a forex binary options account if you want to trade market or index options.

Compare payouts and features to choose an account that suits you. Some brokers have a high minimum stake, some offer cashback on unsuccessful trades and others offer welcome bonuses on large deposits.

2. Choose the best binary options trading platform

Each broker supplies a trading platform alongside their accounts.

It's through this platform that you will be placing your bets so make sure it displays information clearly and that it's easy to navigate and use. Remember, account incentives won't be worth anything if you can't use the website effectively.

Check out each brokers platform and use a binary trading systems comparison to find which website is best for you.

3. Decide which options to trade

This is the most important decision you'll make, as badly informed decisions are the single most reliable way of losing money. Even with the right knowledge, every time you buy or sell options is still a risk.

If you're new to buying and selling stocks, shares, commodities and forex make sure you've researched each area in full before you think about beginning buying or selling binary options in any one of them.

How to profit from binary options trading

Like all investments, binary options UK bets have the potential for loss as well as profit. If your prediction is correct when the option ends, you win the payout quoted. If you were wrong, you lose your stake.

Each trade comes down to choosing the right asset, at the right time, at the best price. So, to trade options successfully you need to find an account and platform that complement your strategy.

Strategies to limit risk

A classic binary options technique is to tie each individual trade to your total investment, as a proportion (e.g. 5%) of that overall budget. Your stake per trade will then shrink in line with your balance if you lose out, minimising risk; alternatively it grows when your trades enjoy some success, thus maximising your profits.

Binary options usually don't have tools such as stop-loss orders (to close early to minimise losses) and they can't be extended to increase your profit. This makes it even more important that you trade responsibly.

Never bet more than you can afford to lose and only trade binary options for assets that you fully understand. Try to take it slowly so that all your trades are based on research rather than the emotion of a previous 'win' or 'loss'.

Finally, you might want to consider using binary options as a simple way to hedge against losses in your other investments.