The correct choice of a binary options broker is crucial as the choice alone mainly determines the success of your future trades as it is the broker that allows you to enter the foreign exchange market and offers users great conditions.
Best Binary Options Brokers in 2022
Categories: Trading Guide |
Posted By: Alexander Williams
Content
- 1 Best Binary Options Brokers in 2022
- 2 Best Binary Options Broker: Deriv
- 3 Best Binary Options Broker: IQ Option
- 4 Best Binary Options Broker: ExpertOption
- 5 Best Binary Options Broker: PocketOption
- 6 Deriv broker rating
- 7 Deriv's trading instruments
- 8 Deriv trading platform
- 9 How to open a Deriv trading account
- 10 IQ Option broker review
- 11 IQ Option trading instruments
- 12 IQ Option trading platform
- 13 Opening an IQ Option trading account
- 14 ExpertOption broker review
- 15 Trading instruments on ExpertOption
- 16 ExpertOption broker trading platform
- 17 Types of Accounts
- 18 PocketOption Binary Options Broker Review
- 19 PocketOption Commissions and Fees
- 20 PocketOption broker main trading tools
- 21 How to open a trading account with PocketOption
- 22 Comparison of the best binary options brokers in 2022
- 23 Assessing the risks of trading in the binary options market
- 24 Frequently asked questions about best binary options brokers
In this article we are going to present the best binary options brokers in 2022, after hours of research and analysis we came to our conclusion. The popularity of binary options in the foreign exchange market predetermined the emergence of a wide range of new brokers specializing in fixed profit options. Each offers its own unique conditions and trading instruments. Each has a proprietary trading platform with various individual features, fees and other characteristics.
The huge variety of criteria results in many people asking this key question: how to choose the best binary options broker in 2022 for a beginner? This article answers the question. Our goal is to present the answer and help newbies (and others who are “curious about binary options”) to choose the best binary options broker, saving time and protecting traders from putschists.
We did a thorough analysis of all binary options brokers represented on the foreign exchange market in 2022. We immediately selected companies whose activity raises serious doubts about one aspect or another. Brokerage firms that do not fulfill 100% of their obligations to their clients were also excluded.
As a result, we have compiled the top 4 binary options brokers in 2022. Each broker that makes up the list has a license from a reputable regulator and transmits their traders' transactions to the interbank market, offering an extensive list of trading instruments and trading conditions. favorable work.
Best Binary Options Brokers in 2022
We continuously monitor the best binary brokers and the broker rating is updated and adjusted monthly so readers always have access to the most up-to-date information available.
We evaluate the full range of trading instruments that brokers offer, the responsiveness and quality of their technical support service, their fees and commissions, as well as several dozen other indicators. Today, a comprehensive review of the top binary brokers makes it possible to single out the following leaders:
Best Binary Options Broker: Deriv
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
Deriv formally known as Binary.com was founded in 1999 by Binary Group which is a respected name in binary options trading. During the transition, traders will be able to trade on Binary.com. But since Binary.com will be discontinued, traders can benefit from switching to Deriv.com.
One of the best references to measure the security of a brokerage like Derivation is to establish which regulatory authorities are the watchdogs of their actions. In the EU, Deriv is regulated by the Malta Financial Services Authority (FSA).
For traders outside the EU, the broker is licensed by the Vanuatu Financial Services Commission (FSC) and the British Virgin Islands Financial Services Commission (FSA). In addition, Deriv is regulated by the Labuan Financial Services Authority (FSA) of Malaysia.
Best Binary Options Broker: IQ Option
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
The company was founded in 2013, recognized by many experts as the best binary options broker. The activities are regulated by the Cyprus Securities and Exchange Commission (CySEC). IQ Option has its own proprietary trading terminal.
There are 53 options in binary, digital and FX variants. A wide range of additional investment solutions and analytical instruments are built into the trading terminal.
Best Binary Options Broker: ExpertOption
100%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
This company has registration number 22863 IBC 2015 and is owned by EOLabs LLC and has been operating since 2014. It constantly expands the list of assets available for trading and offers clients all over the world a platform with its proprietary design.
It's friendly and easy to master. ExpertOption allows you to trade stocks, currency pairs, cryptocurrencies and commodities after depositing $10. The amount of payments depends on the type of asset traded. With a correct prediction, a trader can receive up to 95% of the bet amount.
Best Binary Options Broker: PocketOption
50%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
The broker has been offering trading options and Forex instruments services since 2017. It is regulated by the FMRRC. The company offers its clients more than 140 assets, 7 types of real accounts and their demo accounts.
It has a proprietary trading platform with iterations for mobile, web and desktop. Your MetaTrader 5 terminal is mostly used for transactions involving currency pairs and CFDs. The minimum deposit is just $5.
These are the best binary options brokers for 2022. These companies are also the oldest in their industry and the activities of each are regulated by an official regulator authorized to monitor the work of Forex and binary options brokers.
The websites and platforms of these companies are multilingual and support several dozen languages, including Portuguese, Spanish, Greek, etc. Residents of all countries and speakers of most languages in the world can work with them.
Deriv broker rating
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
The broker is a subsidiary of the Regen Markets Group, founded over 20 years ago. Binary (now Deriv) is the oldest binary broker in the Forex market and is controlled by five international regulators, including the MFSA and the SVG FSA.
As of 2021, Binary was conducting over 1 million transactions a day, the company is widely recognized for the fastest speed of all types of transactions. It has two of its trading terminals and it also allows traders to trade through MT5.
Deriv fees and commissions
Like all the best binary options brokers in 2022, Deriv does not charge a fee for most trades because the exact amount of the fee for the transaction in each case is determined individually. Therefore, it is impossible to calculate it in advance.
| rate type | Yes No | Size |
| For depositing and withdrawing funds | No | No |
| to do business | Yes | Variable |
| To close a deal | No | No |
| for account maintenance | No | No |
Deriv's trading instruments
The broker offers dozens of trading instruments, including 25 currency pairs, cryptocurrencies, stocks, indices and commodities.
All positions can be traded in four types of options:
- Up down;
- Inside Outside;
- digits;
- Play/Do not play;
- Retrospectives.
Deriv trading platform
Among the best binary options brokers in 2022, Deriv is the only broker that offers multiple trading platforms at the same time, while two of them are proprietary.
Smart Trader
It opens in a browser tab that has visual functionality and a huge range of analytical instruments including Scholastic, MA, RSI, etc.
WebTrader
Technically, it acts as a functional analogue of SmartTrader, but is aimed at users who work with a large number of instruments simultaneously. WebTrader's flexible interface settings make it easy to track multiple instruments at the same time.
MetaTrader5 (MT5)
The peculiarity of working in this terminal is that the trader does not work directly with MT5, but through an auxiliary advisor, which can be downloaded from the broker’s official website. Otherwise, this is the default version of the popular platform.
Derive X
Deriv X is a customizable multi-asset trading platform. Offering CFDs on forex, commodities, cryptocurrencies and synthetics, Deriv X offers a versatile trading experience that lets you customize your trading environment.
DBot
DBot is a free robot provided by Deriv, just drag and drop and configure pre-built blocks and indicators on a canvas to build your bot. No programming needed.
How to open a Deriv trading account
Similar to a bank, in order to register a Forex trading account with Deriv for the first time, you will have to go through a basic account verification process, which will allow Deriv to verify the details submitted and ensure the security of your funds and account details. . The process is very fast and a virtual $10.000 demo account will be available.
Standard Account Criteria:
- Open only in USD
- Minimum deposit 5$
- Minimum trade is $1
- Maximum trade is $50000
- Contract period from 10 seconds to 365 days.
Deriv deposit and withdrawal
Deriv is one of the best brokers for 2022, Deriv offers the most options for depositing and withdrawing funds. All operations are carried out in a few clicks through the trader's personal account on the website.
Which payment systems does the broker work with:
- VISA;
- Mastercard;
- Maestro;
- Perfect Money;
- Skrill
- Neteller;
- FastPay;
- PayTrust;
- BankTransfer;
- Jeton;
- STICPAY;
- Airtm;
- PayDaseCard.
- etc.
IQ Option broker review
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
The full name of this broker is IQ Option Ltd, and the company's headquarters are located in Saint Vincent and the Grenadines. This binary options broker has been operating for 8 years and is regulated by CySEC. The IQ Option broker has established itself as a reliable partner, always fulfilling its obligations to its clients. It has its own compensation fund.
IQ Option fees and commissions
Traditionally, for the best binary options brokers in 2022, IQ Option does not charge commissions for typical stocks (except for withdrawing funds). However, this broker has several specific commissions, which are reflected in the table below.
| rate type | Yes No | Size |
| For depositing and withdrawing funds | Yes – for withdrawal (bank transfer) | $ 31 |
| to make a deal | Yes | Depends on business parameters |
| To close a deal | No | No |
| for account maintenance | No | No |
| for exchanges |
Yes – for some assets
|
0,6% off |
| by inactivity | Yes – after 90 days of inactivity | $10 per month |
| For verification (periodic check-up) |
Yes – if information is not provided within 15 days
|
Up to 5 dollars depending on deposit size |
IQ Option trading instruments
This broker offers 53 options for trading instruments. The instruments are grouped into four categories: currency pairs, precious metals, stocks and indices. Trading with OTC quotes is available on weekends.
Profitable trades provide the maximum payouts in the types below:
- Binary Options — up to 95%;
- Digital Options — up to 900%;
- FX — unlimited.
IQ Option trading platform
The broker offers its proprietary trading terminal, which can be downloaded from its official website. The terminal is multilingual. Despite the colossal number of possibilities and configurations, the platform's interface is intuitive. Here are its main features:
- There is a desktop, web and mobile version for iOS and Android. The functionality of the various iterations is identical;
- Ability to customize graphics. Choosing deadlines, customizing the display of quotes, scale and market history;
- There are 18 technical indicators and several dozen built-in “lines” (eg Fibonacci lines);
- It has a stopwatch that goes from 1 minute to 30 days and a multiplier of up to 1: 300;
- The platform has access to company profitability calendars, as well as Forex and cryptographic events calendars;
- It has a tool to create your business portfolio.
Opening an IQ Option trading account
Opening an account with this broker is carried out through the official website. There, the trader will have to register and verify, after which he gets access to the personal account. In 2022, the broker offers two types of accounts — standard and VIP. For both accounts, the minimum deposit is $10, the minimum withdrawal amount is also $10.
There are differences between a VIP account and a standard account:
- Increased profitability in fixed-term contracts;
- personal manager;
- Individual training programs;
- Promotions and bonuses are not available on standard accounts.
IQ Option deposits and withdrawals
All the best brokers on our list can deposit/withdraw funds only after verification, IQ Option is no exception.
Withdrawals are carried out in an average of 24 hours, possible withdrawal options:
- VISA;
- Mastercard;
- Neteller;
- Skrill
- AdvCash;
- Bitcoin.
ExpertOption broker review
100%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
This binary options broker has been operating since 2014, serving around 50 million clients from 48 countries who make over 30 million transactions every month.
ExpertOption's registered address is 305 Griffith Corporate Center, Beachmont, 1510, Kingstown, Saint Vincent and the Grenadines. You can start trading with the company after depositing at least $10 in your balance. The minimum transaction amount is $1, the maximum payout amount is 95%.
ExpertOption commissions and fees
ExpertOption does not charge its clients commissions for making or closing trades. There are also no deposit and withdrawal fees. Trading accounts are free. ExpertOption's only fees are retention fees for closing an account.
| rate type | Yes No | Size |
| For deposit/withdrawal | No | No |
| to make a deal | No | No |
| To close a deal | No | No |
| for account maintenance | No | No |
| To close an account | Yes | $ 10 |
Trading instruments on ExpertOption
In 2022, this broker allows you to trade currency pairs, commodities, cryptocurrencies and stocks.
In total, you can trade more than 100 assets, including the most popular stocks (Apple, Tesla, Microsoft and McDonald's, etc.), 10 currency pairs (EUR/USD, AUD/USD, GBP/USD, etc.), Crypto like Bitcoin, Litecoin Ripple, Ethereum… Gold and silver are currently available as trading instruments.
ExpertOption supports only one option, the simplest and most popular:
- Call/Put options with 1 to 5 minute contracts.
ExpertOption broker trading platform
ExpertOption's proprietary trading platform comes in three versions — desktop, web and mobile (on Android and iOS).
The desktop has two iterations for Windows and macOS. All terminals have technical analysis instruments (4 types of charts, 8 indicators and lines) and Social Trading Service.
These are the main features of ExpertOption's trading platforms:
- Technical analysis indicators such as moving average, Bollinger bands, alligator, Parabolic SAR, fractal, RSI, Awesome oscillator, and MACD;
- Split-screen function for parallel tracking of trade charts and transactions of other traders;
- Four different chart types to choose from — area, lines, bars and candles;
- Payment history, completed transactions, deposits and withdrawals of funds.
Opening a trading account with ExpertOption
We have included ExpertOption among the best binary options brokers in 2022 because opening an account on their platform is a simple and quick procedure.
To start trading with this company, simply register on their official website (enter your email and create a password) and then complete the verification.
Types of Accounts
| Microphone | Basic | Prata | Gold | Platinum | Exclusive | |
| Minimum deposit | $ 10 | $ 50 | $ 500 | $ 2500 | $ 5000 | individual conditions |
| Maximum number of trades opened simultaneously | 10 | 10 | 15 | 30 | Unlimited | Unlimited |
| Maximum deal value | $ 10 | $ 25 | $ 250 | $ 1,000 | $ 2,000 | $ 3,000 |
| Higher return on assets | 0% | 0% | 0% | Up to 2% | Up to 4% | Up to 6% |
| Priority withdrawal | Yes | Yes | Yes | No | No | No |
Also, before opening a real account, ExpertOption gives you the opportunity to practice on a demo account with a virtual deposit of $10.000.
ExpertOption deposits and withdrawals
This binary options broker does not charge any fees for deposits or withdrawals. All operations are carried out in the personal account menu. Money can be deposited and withdrawn via bank transfers, cards, electronics and crypto-wallets.
More than 20 payment systems are available to merchants, including:
- Bank transfer;
- VISA;
- Visa Electron;
- Mastercard;
- Maestro;
- UnionPay;
- Neteller;
- Skrill
- Perfect Money;
- FasaPay;
- M-Weight;
- Crypto.
50%
of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
PocketOption Binary Options Broker Review
PocketOption is a binary options and Forex broker operating since 2017. Currently, more than 10 million users from 95 countries around the world use their services.
The company is regulated by the FMRRC. PocketOption offers traders over 100 trading instruments including currency pairs, commodities, stocks, cryptocurrencies and CFDs.
Clients of this broker note the high value of revenue, the convenience of the trading platform and the instant withdrawal of funds to e-wallets.
A feature of the PocketOption terminal is the presence of a wide variety of boosters that expand trading opportunities, thus increasing the chance of profit.
In 2022, the payout size on PocketOption reaches 89% of the stake. Not only independent but also social trading is available.
The broker credits a welcome bonus of 50% of the initial deposit, provides various promotional codes and cashback of up to 10%. Potential clients can practice trading options or Forex on demo accounts with virtual currency.
PocketOption Commissions and Fees
PocketOption is one of the top binary options brokers in 2022 because their clients do not pay any trading fees.
Also, the company does not withhold fees for making a deposit or withdrawal of funds. Users registered with a broker save a lot on non-negotiable commissions as they only pay fees from payment systems. By default, PocketOption opens swap-free accounts for all its customers.
| Rates | Yes No | Size |
| For deposits/withdrawals | No | No |
| to make a deal | No | No |
| To close a deal | No | No |
| for transfer | No | No |
| for account maintenance | No | No |
PocketOption broker main trading tools
As of 2022, this broker provides a wide range of assets (Forex and OTC) with different payout percentages. customers of PocketOption can make transactions using more than 140 financial instruments.
A complete list of assets is available for trading:
- 30 currency pairs with payouts of up to 89%;
- 4 cryptocurrencies (Bitcoin, Ethereum, Litecoin, EOS) and an ETH/BTC cryptocurrency pair with payouts of up to 40%;
- Commodities (UKBrent OTC, USCrude OTC, gold, silver) with payouts of up to 80%;
- There are 21 shares of American and European companies with payouts of up to 92%;
- There are 89 Forex and CFD instruments.
PocketOption trading platform
PocketOption is a classic binary options broker, so the platform is designed taking into account the specifics of this type of trading.
Your customers can make transactions on a web terminal (without installing it on a PC or smartphone) or on mobile apps compatible with Android and iOS devices.
In addition, PocketOption has a PC platform. All the company's terminals make it possible not only to trade independently, but also to copy transactions from other users through the tab Social trading.
In 2020, PocketOption added a new feature to its platform — Forex and CFD trading. Thanks to this, the broker's clients can make transactions directly on the PocketOption terminal using the Metatrader 5 software.
- Market — A trade benefit store;
- Chats — General English chat and chats in users' regional languages;
- Channels — Current news, analysis and current promotions.
How to open a trading account with PocketOption
To open an account with PocketOption broker, you need to go to its official website and fill in the registration form.
You can also use your personal Facebook and Google profiles to register. The company's website is presented in 23 languages, so even a novice trader has no problems at the stage of opening an account.
The minimum deposit for all account types is $5. At the same time, accounts differ in the size of the balance that must be maintained in order to be able to make transactions.
Access to the Forex market is only available after your total account balance exceeds the $1.000 mark.
| BEGINNER | ROOKIE | PRO | EXPERIENT | MESTRE | GURU | |
| Minimum account balance | less than $100 | $ 100 | $ 1,000 | $ 5,000 | $ 15,000 | $ 50,000 |
| Maximum value of a deal | $ 1,000 | $ 1,000 | $ 1,000 | $ 2,000 | $ 3,000 | $ 5,000 |
| Refunds for transactions with a difference of 1 point | No | No | No | up to $10 | up to $50 | up to $100 |
| increase in payment | No | No | + 2 % | + 4 % | + 6 % | + 8 % |
| Access to Forex trading on MT5 | No | No | Yes | Yes | Yes | Yes |
Depositing and withdrawing funds from PocketOption
PocketOption broker does not charge fees for making a deposit or withdrawing funds from accounts.
Please note that e-wallet payments are instantaneous. The minimum deposit is $5. The minimum withdrawal amount is $10. You can replenish the balance and withdraw funds through the personal account menu “Finance”.
Payment systems available to PocketOption customers:
- VISA;
- MasterCard;
- Maestro;
- Perfect Money;
- AdvCash;
- VLoad;
- Cryptocurrency wallets;
- Bank transfers.
Comparison of the best binary options brokers in 2022
| Broker | commercial fees | No. of instruments | proprietary platform | Difficulty opening an account (from 1 to 5) | No. of systems for withdrawal | withdrawal speed |
| Derivation | Yes | Several dozen assets, 4 types of options | Yes (+MT5) | 3 | 15 | within 1-5 days |
| IQ Option | Yes | 53 instruments | Yes | 1 | 7 | within 1-5 days |
| ExpertOption | No | More than 100 instruments | Yes | 1 | 20 | Instant – 45 days |
| PocketOption | No | 149 assets (including 89 Forex) | Yes (+MT5) | 1 | 8 (+ regional payment systems) | Instant – 5 days |
Based on the proposed trading conditions, the ease of opening an account with dozens of specific indicators, we conclude that these binary options brokers are the best in 2022 for both novice users and experienced traders.
However, due to the greater functionality and adaptability of the trading terminals, as well as due to the lower commissions and high efficiency of technical support, the most recommended binary options broker is 1st on this list.
To determine the best brokers, we apply these criteria:
Assessing the risks of trading in the binary options market
The binary options market is a colossal financial system with many pitfalls and unforeseen circumstances.
Working with binary options through a binary broker, a trader is provided with a wide range of instruments to mitigate risk and increase the profitability of each trade.
These instruments include the latest news and analysis, indicators and bots, convenient functionality of trading terminals with the ability to display various types of charts and adjust them according to specified conditions.
In addition, some binary brokers provide betting insurance services, which allow you to offset losses from bonuses and real funds, and form your clearing funds.
As a result, the broker significantly reduces financial risk and discovers the high income potential of options of all types.
We should also mention trading through a Forex broker whose range of services includes access to the binary options market.
There are many such brokers, they are backed by significant experience and the presence of significant tier 1 – 2 regulators, as well as a number of other important factors. Therefore, the choice in your favor is often the most correct decision.
If we compare the work with binary options in general, then this type of trading is riskier than classic Forex trading.
Frequently asked questions about best binary options brokers
Frequently asked questions about best binary options brokers
Related Posts
Deriv Payment Methods
[box_text] Before starting trading, it is essential to understand how you can move funds in…
Deriv: CFD and Options Trading Differences
[box_text] CFD and options trading allow traders to speculate on the…
An Introduction to the DTrader Platform
[box_text] If a trading platform is simple and easy to use, that means…
What is Risk Management for Binary Options?
[box_text] The following article is an introduction to Risk Management, including some tips…
Best Binary Options Brokers in Brazil
[box_text] Although very common in foreign markets, binary options are not regulated in Brazil.…
Binary Options Brokers With Low Minimum Deposit
[box_text] We have chosen some of the best low deposit binary options brokers that you…