A Guide to Binary Options Brokers and Choosing One For You

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You will need a brokerage account and then if you want to trade, you will have to fund that account.

There are literally hundreds of brokers out there, so finding one will not be a problem… Choosing the right one may prove to be difficult because all brokers have different trading conditions. Learn about the Brokers Your first concern should be the safety of your money. Is this broker regulated?

Reliability Best European Binary Options People living in a European Member state are allowed to trade freely with any binary options broker based in another Member State. A number of regulatory authorities and bodies license and regulate binary options products and brokers in Europe.

Are they trustworthy? What do other clients say about them? There have been a lot of scams in the early days of Binary Options and although now things are a lot safer, you will still encounter brokers that try to scam you in various ways.

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Only a few of the unregulated brokers are trustworthy. Your second concern should be about trading conditions.

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How much is the minimum deposit? How much is the minimum trade?

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What assets are they offering? Will I get a refund in case of a losing trade?

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If you plan on investing low, you will have to choose a broker with a low investment per trade. If the broker allows you to trade lower amounts per trade, that means that you can stay in the game longer and a losing trade will not the most reliable binary options reviews such a big deal. And finally, the BOTS score.

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We take everything we just talked about into consideration and translate it into a number anywhere between Choose Your Broker Trust is a major issue when it comes to these companies because, as I mentioned above, you will have to fund an account with them, so your money will be in their possession. If the brokerage is legit, then you have nothing to worry about, because you can withdraw at any time or use that money for trading and make a profit.

This is becoming more common in Europe where binary options are coming under increased scrutiny. Reputable, premier brands will have regulation of some sort. Regulation is there to protect traders, to ensure their money is correctly held and to give them a path to take in the event of a dispute. It should therefore be an important consideration when choosing a trading partner.

Use it! All Rights Reserved. The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality.

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