See Our Review of the Best Binary Options Broker
We get a lot of requests asking who is the best binary options broker? The short answer we tell people is that it depends on what your needs are. We’ve tried to elaborate a little more on that topic, rating the best binary options broker based on the most important criteria. Due to the nature of visitors to this site, we’ve had to award a top binary trading broker for US residents separately, given not all brokers are able to accept US residents as clients. Click the link for each award winner to read a complete review of their services and offerings.
The Best Binary Options Broker Ratings Based on:
| Ratings Criteria | ||||
| Best Binary Options Broker Overall | ||||
| Overall | US Residents Only | |||
 AnyOption – Offers the best overall customer experience with the highest number of assets available and most reliable funds transfer. |
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| Widest Variety of Contract Offerings | ||||
| Overall | US Residents Only | |||
 optionFair – Offers a variety of contracts few in the industry can match. One-touch, no touch, inbound, outbound barrier options on a number of popular assets. |
 Optionbit – Offers one-touch options in addition to weekly options duration (400% yields) as well. Takes US residents, offers same great barrier trading options. |
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| Widest Number of Stocks/Assets to Trade | ||||
| Overall | US Residents Only | |||
 TradeSmarter now has the most binary options trading contracts to trade, with around 90 contracts to trade overall. |
AnyOption – Far and away has the largest number of assets to trade for US residents, although that number has been trimmed by Dodd-Frank. |
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| Shortest Contract Duration | ||||
| Overall | US Residents Only | |||
 TradersRoom – Offers the shortest expiration contract, with options expiring every 15 minutes on some assets. Quite an advantage if trading on the half hour whenever everyone else is trading on the hour. |
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| Best Cash Incentive Offers | ||||
| Overall | US Residents Only | |||
 EZTrader – Has long had the most lucrative bonus cash offers however has had some customer service issues with vendors which have tarnished their overall image |
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| Highest Allowed Investment Exposure | ||||
| Overall | US Residents Only | |||
| AnyOption – Offers potentially unlimited trading position exposure. While they limit the individual contract size, they do not place a limit on the number of contracts held at any one time – a considerable difference for high net worth investors. |
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| Smallest Cash Transfer Fees | ||||
| Overall | US Residents Only | |||
| Most brokers offer at least one free funds transfer per month, with fees applying thereafter. Be advised – moving money in and out of international financial institutions is not as smooth as moving funds between domestic banks. Be prepared for SOME delay with whoever you deal with. | ||||
| Best Commodities Binary Options Broker | ||||
| Overall | US Residents Only | |||
| Most brokers offer 3-5 different commodities binary options trading contracts. See honorable mentions below for specialists in particular assets. | ||||
| Best Forex Binary Options Broker | ||||
| Overall | US Residents Only | |||
| AnyOption – Hands down. Most offerings, widest variety. End of story |
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| Honorable Mention(s) – Commodities Binary Options Brokers: | ||||
| TradersRoom is the only binary options broker offering contracts on Platinum. | ||||
| AnyOption is the only US binary options broker offering contracts on Copper. | ||||
| TradeSmarter and EZTrader offer contracts on Natural Gas. | ||||