Want to know more about binary options in your region?
Ready to start earning but worried about finding a broker suitable to your needs?
Binary options trading is an online activity that can be done from anywhere. But people from different regions prefer different assets, use specific investment strategies, and are used to a distinct customer service. Which are the best traders for each individual country? We help you figure that out.
Binary options trading origins
Binary trading evolved as a financial tool from the Forex market specifically, and from the derivatives market in general. It is a very recent investment instrument, as the first trading platforms where launched in late 2008.
The idea was to offer traders an opportunity to earn similar high payouts through high-risk trading, but using a simpler system. While it is true that the operation of a binary option platform is extremely simple, and that the calculation of profit vs. loss is equally easy, the techniques needed to succeed are not that uncomplicated.
Sadly, most companies started out marketing binary options as a get-rich-quick tool while promoting the ease with which trades could be made. The result was excellent for brokers but negative for inexperienced traders, who ended up losing substantially.
This resulted in multiple complaints, which brought about a new brand of binary brokers, such that are more aware of the needs of their customers, and are willing to inform them of risks, and furthermore, help them learn risk management strategies.
Best US Binary Brokers
The American customer is used to a very high level of customer services, due to the fierce competition among companies of all types trying to get a share of this huge market. US clients are therefore expecting extreme professionalism and transparency from binary companies, and not all are able to deliver.
GOptions is a perfect example of a binary broker that understands the needs and mindset of clients from USA or Canada. It therefore guarantees the correct price of assets on its platform, same day withdrawal service, an amazing one-on-one training program, and risk free trades for you to test your trading strategies. If you are searching for professionalism, efficiency and a very personal approach to your needs GOptions is the perfect broker for you to profit with:
RedWood Options is another excellent choice for the US based traders, since this is the largest broker in the American market. With an Educational Center that includes over 80 training videos, tutorials and an interactive ecourse, Redwood Options makes sure clients receive all the tools needed to become a skilled online trader. This broker also offers a high cash bonus, and constant professional advice:
Best Brokers in Europe
UBinary is the rising star among binary brokers in Europe. After successfully operating in the American market, this broker brought its innovative services to the Old Continent with much success.
UBinary’s concept is that of offering clients the best of everything. That is why their online ecourse is considered the most advanced in this field, their payouts and bonuses are the highest in the market, and their customer service is the most efficient. If you are looking for a broker that can really help you profit consistently, this is a perfect choice for you:
Another broker considered among the very best in Europe is OptionBit, the 2nd largest binary options company worldwide. Offering the most efficient and advanced signals trading tool for free, OptionBit allows its customers to benefit from information about immediate profit opportunities in various world markets. Algobit, the signals software that has changed binary trading, is available for traders in addition to various tutorials and risk management tools:
The binary market took its first steps in the USA, but it was in Europe, more precisely in the United Kingdom and in France, that binary options took off. Brokers such as Anyoption, Banc de Binary and OptionFair began expanding to several European countries by creating sites in multiple languages.
Nowadays, the main European markets are France, Germany, Italy and Turkey, although the UK and Spain also have a large contingent of active online traders. The Italian government has recently tightened its grip on binary sites, prohibiting certain brokers from operating their sites on the Italian internet network.
Emerging Binary Options Markets
Besides Europe and North America, the other major binary options market is Japan, where the popularity of binary trading is constantly increasing. Yet besides these large financial blocks, there are a few countries where binary options have had recent success.
Brazil is one country that is enjoying an economical boost. Set to host both the World Cup in 2014 and the Rio Olympics in 2016, this country is rapidly becoming a powerhouse economy. That is why it is not very surprising that binary options brokers are finding great success in this South American giant.
Russia is another large country where binary trading has recently seen a significant rise in active traders. Forex trading is huge in Russia, and the transition to the binary field was expected. Now as it is happening, several brokers are eyeing this large market and adding the Russian language to their sites.
Binary Options Markets Summary
- Binary trading is an evolution from the Forex market
- Simpler to invest with, binary platforms are an attractive investment for traders everywhere
- Despite of their apparent simplicity, traders are advised to learn trading strategies and risk management
- The best binary brokers worldwide are those who provide educational tools to their clients
- Europe is the setting for the largest binary markets, such as France, Germany and Italy
- North America is another immense market. Most professional binary firms began operating in the USA
- Brazil and Russia are among the largest emerging markets in the binary field
- The forecast for binary options trading is a continuous growth throughout this decade