Best Binary Options Brokers 2025
Based on our latest hands-on tests, here are the top binary options brokers for 2025, offering reliable platforms, high payouts, and a smooth trading experience.
WriterPaul Holmes
Fact CheckerTobias Robinson
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1
Binary Options Trading
Capitalcore has added binary options for forex, metals, and crypto, offering up to 95% payouts. Aimed at short-term traders, contracts last from 1 minute to 1 hour. The user-friendly web platform makes placing trades easy with just a click—select 'Call' if you expect the price to rise or 'Put' if you expect it to fall.
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2
Binary Options Trading
IQCent provides binary options that can yield up to 98% payouts. This broker offers an online platform that includes fundamental analysis tools and supports a broad variety of timeframes, from 1 minute to 1 month, to accommodate both short and long term trading strategies. However, it's important to note that it does not offer binary options on stocks.
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3
Binary Options Trading
Videforex offers binary options with payouts of 20% on cryptocurrencies and up to 98% on more stable assets, outperforming many competitors. They support a variety of contract lengths, from 5 seconds to 1 month. They also provide a welcome deposit bonus for new users.
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4
Binary Options Trading
CloseOption provides a convenient online platform for trading binary options on over 30 currencies. Traders can choose from 15 contract durations, ranging from 30 seconds to one month, making it suitable for both short-term and long-term traders. New members receive a welcome gift.
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Binary Options Trading
RaceOption provides over 100 trading options with up to 95% payouts and expiries as quick as 5 seconds. Traders can start with a minimum deposit of $250 and benefit from free deposits, quick withdrawals, and various trading bonuses.
Top Binary Options Brokers Comparison
| Broker |  |
USD Account |
Maximum Payout |
Contract Times |
Boundary Binaries |
Ladder Binaries |
|---|---|---|---|---|---|---|
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✓ | 95% | 1 minute - 1 hour | ✗ | ✗ | |
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✓ | 98% | 5 seconds - 1 month | ✗ | ✗ | |
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✓ | 98% | 5 seconds - 1 month | ✗ | ✗ | |
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✓ | 95% | 30 seconds - 1 month | ✗ | ✗ | |
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✓ | 95% | 5 seconds - 30 days | ✗ | ✓ | |
| Broker | |
USD Account |
Maximum Payout |
Contract Times |
Boundary Binaries |
Ladder Binaries |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | 1:2000 | Forex, Metals, Stocks, Cryptos, Futures Indices, Binary Options | WebTrader, Pro |
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✓ | $250 | $0.01 | 1:500 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Online Platform, TradingView |
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✓ | $250 | $0.01 | 1:500 | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | TradingView |
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✓ | $5 | $1 | ✗ | Binary Options on Forex & Cryptos | Own |
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✓ | $250 | $0.01 | 1:500 | Binary Options, CFDs | TradingView |
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
Safety Comparison
Compare how safe the Best Binary Options Brokers 2025 are.
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✓ | ✓ | |
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✗ | ✗ | ✗ | |
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✓ | ✓ | ✗ | |
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✗ | ✗ | ✓ | |
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✗ | ✗ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Compare the mobile trading features of the Best Binary Options Brokers 2025.
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
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✗ | ✗ | ||
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iOS & Android | ✗ | ||
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Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Compare how suitable the Best Binary Options Brokers 2025 are for beginners.
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $250 | $0.01 | ✗ | ✗ | ||
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✓ | $250 | $0.01 | ✗ | ✗ | ||
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✓ | $5 | $1 | ✗ | ✓ | ||
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✓ | $250 | $0.01 | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Best Binary Options Brokers 2025 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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✗ | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✗ | ✗ | ✗ | ✗ | ✗ | 1:500 | ✗ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Binary Options Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Compare how we rated the Best Binary Options Brokers 2025 in key areas.
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
Compare the cost of trading with the Best Binary Options Brokers 2025.
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | 1.5 (Apple) | 0.4 | $45 | |
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✗ | $10 | N/A | 0.3 | Variable | |
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✗ | $10 | NA | 0.1 | Floating | |
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✗ | 0.5% | ✗ | No fee - payouts approx. 80% (Copper) | No fee - payouts approx. 40% (Copper) | |
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✗ | ✗ | Variable | Variable | Variable | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Broker Popularity
See how popular the Best Binary Options Brokers 2025 are in terms of number of clients.
| Broker | Popularity |
|---|---|
| CloseOption |
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| Videforex |
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| RaceOption |
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Why Trade With Capitalcore?
Capitalcore offers up to 1:2000 leverage options and does not charge commission or swap fees. However, it lacks strong IFSA regulatory oversight and does not provide educational resources, making it less competitive than leading brokers.
Pros
- Capitalcore now offers binary options trading for over 30 currency pairs, metals, and cryptocurrencies, featuring one-click trading and payouts up to 95%.
- The Capitalcore platform offers extensive charting tools and over 150 technical indicators, perfect for thorough market analysis.
- Capitalcore charges no swap fees, making it attractive for Islamic traders seeking to align with Islamic Finance.
Cons
- During testing, the web platform showed inconsistent performance, with occasional technical issues preventing the trading platform from loading properly.
- Capitalcore is not overseen by key financial bodies and lacks a proven track record, which questions the security of client investments.
- The platform only supports its own software and does not integrate with popular trading tools like MetaTrader or cTrader. These tools offer economic news and automatic trading features.
Why Trade With IQCent?
IQCent is ideal for traders who want a simple platform for binary options and CFD trading that has low fees and offers copy trading. It features a variety of accounts and requires less than a minute to get started with a $250 deposit.
Pros
- Enthusiastic traders can join trading competitions and win cash prizes.
- The broker offers dependable and quick 24/7 customer support, with responses typically issued within a minute.
- IQCent, a binary options broker, provides a copy trading service suitable for traders who prefer a hands-off approach.
Cons
- IQCent imposes a $10 monthly fee if you don't conduct at least one trade per month.
- Automated trading is not available for algorithmic traders.
- The market analysis is simple, offering few technical overviews and limited opinions from analysts.
Why Trade With Videforex?
Videforex caters to traders who want a simple platform for predicting the trends of major financial markets through binary options. With a swift registration process and web-based platform, it's easy to get started.
Pros
- Videforex is a rare brokerage with 24/7 multilingual video support, offering extensive help for active traders.
- Traders have the opportunity to earn up to 98% payouts on over 100 assets through the broker's binary options. This offering is comparable to competitors such as IQCent.
- Videforex often hosts trading contests. These competitions offer both new and experienced traders a chance to practice and win cash prizes. Trades can be made from as low as ¢0.01.
Cons
- Videforex is not authorized by a reliable regulator. This means traders may not get important protections such as separate client accounts.
- The lack of educational resources is a significant disadvantage for new traders, as top trading platforms often provide useful content like blogs, videos, and live trading sessions.
- Our latest tests indicate that the client terminal requires upgrades due to occasional slow and unresponsive widgets, which may negatively affect the experience for traders.
Why Trade With CloseOption?
CloseOption offers traders a user-friendly binary options platform, promising high returns and sign-up bonuses.
Pros
- The platform works with most internet browsers and is easy to use.
- CloseOption hosts weekly cash-prize trading competitions.
- Various global payment options are available.
Cons
- Customers must deposit over $50,000 to be eligible for the maximum payouts.
- Binary options can be traded on both traditional (“fiat”) and digital currencies.
- CloseOption is not overseen by a reputable trading body.
Why Trade With RaceOption?
RaceOption offers a diverse binary options trading experience with contests, account benefits, and copy trading. However, it's unregulated, providing minimal to no investor safeguards, based on our research.
Pros
- RaceOption is one of the few brokers that offer 24/7 video chat in several languages. However, based on our experience, their agents require more knowledge about trading rules and practices.
- RaceOption allows easy account funding with no-charge, quick deposits using bank cards and cryptocurrencies. It also promises to process withdrawals within an hour.
- Popular assets like EUR/USD have payouts up to 95%, which is higher than most alternatives. Also, the first three trades are risk-free with Silver and Gold accounts. This can potentially increase your returns.
Cons
- RaceOption is a high-risk broker that is not regulated. It does not offer compensation or legal options if you encounter problems with trading or withdrawing funds.
- RaceOption, lacking a demo account and an educational offer, may not be a suitable option for novice traders.
- The $250 minimum deposit may be higher for some traders, particularly when compared to Deriv and World Forex, which are suitable for those with a smaller budget.
Filters
How We Chose The Best Binary Options Brokers
We ranked the top binary options brokers based on overall ratings, which are derived from our data-driven evaluation of 200+ metrics per brand.
These ratings are informed by our in-depth, hands-on testing of each platform, ensuring that our recommendations are both objective and experience-based.
In addition to general trading platform quality, we specifically analyzed several key binary options metrics to assess each broker’s suitability for binary traders:
- Payout Percentages – We evaluated the maximum payouts offered on winning trades to compare profitability across brokers.
- Types of Binary Contracts – We assessed the variety of contract types available (e.g., high/low, boundary, range options).
- Unique Features – We examined tools like rollover and double-up options that help traders manage positions effectively.
What To Look For In A Top Binary Options Broker
Binary options trading is a fast-paced, all-or-nothing style in which you predict whether an asset’s price will go up or down within a set timeframe. If you’re right, you win a fixed payout; if you’re wrong, you lose your stake.
It’s that simple, well, not entirely, because our team (which includes experienced binary options traders) learned that finding a reliable broker is key to making the most of binary trading while avoiding scams and unnecessary risks.
Here’s what to look for in a broker for binary options trading:
Regulation & Trustworthiness (The Most Important Factor)
Binary options have a reputation for being risky, and some unregulated brokers have made this worse by running scams.
Always check to see if a credible financial authority regulates the broker, but be aware that not many ‘top tier’ regulators authorize binary options providers.
Instead, our investigations show binary firms are more likely to be regulated by less-established bodies like the International Financial Market Relations Regulation Center (IFMRRC) and Malta Financial Services Authority (MFSA).
Without robust regulatory oversight, considering the track record and reputation of binary brands is also essential.
Red flags to watch out for: Over-the-top promises like “Guaranteed Profits” or “No Risk.”
Top binary options broker for regulation and trust: Deriv has earned our trust more than any other binary platform. Why? It’s been operational since 1999, served over 2.5 million clients, and is regulated by more financial bodies than most providers we’ve tested (MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA).
Payout Percentages & Profitability
The higher the payout, the more money you can make per trade.
We’ve analyzed the major binary providers in the market and payouts typically range from 70% to 90%, but some brokers offer over 95% on specific trades.
Example:
- A broker offering 85% payouts means that a winning $100 trade returns $185 ($100 stake + $85 profit).
- A broker with 70% payouts would return only $170 ($100 stake + $70 profit).
Tip: Compare payout rates for different assets; some brokers offer great payouts on forex pairs but lower rates on stocks or commodities.
Top binary options broker for high payouts: IQCent offers the highest payouts in the industry based on our latest tests, reaching 98% on popular assets like EUR/USD if you qualify for an account boost. Bitcoin payouts are also very high, reaching 95%.
IQCent offers industry-high payouts on a range of underlying assets, often exceeding 90%
Available Trading Assets
A good binary broker should offer a wide range of assets and regularly add new instruments to its roster.
More assets = more trading opportunities.
From our direct tests of binary platforms, you can normally trade:
- Forex pairs (EUR/USD, GBP/JPY, etc.)
- Stocks (Apple, Tesla, Amazon)
- Commodities (Gold, Oil, Silver)
- Indices (S&P 500, Nasdaq)
- Cryptocurrencies (Bitcoin, Ethereum, Ripple)
Top binary options broker for trading assets: Quotex offers more binaries than nearly every competitor based on our hands-on tests, with 400 instruments spanning currencies, commodities, stocks, indices, and cryptocurrencies, catering to diverse preferences.
Trading Platform and User Experience
Your broker’s platform should be:
- Easy to use – Clean, simple interface for fast trade execution, with binary trade parameters often available in a side widget.
- Mobile-friendly – Supports trading on smartphones and tablets, typically through mobile optimized browsers rather than standalone apps from our research.
- Fast & reliable – No lag, especially in fast-paced short-term trades which binary options strategies generally involve.
For those familiar with the MetaTrader software, we’ve identified the top MT4 binary options brokers.
Pro Tip: Look for binary brokers offering free demo accounts so you can test the platform before committing real money.
Top binary options broker for trading platform and user experience: Pocket Option offers the best software for trading binaries based on our tests. After countless hours using the web platform, it’s clearly been built with beginners in mind, featuring an intuitive interface that’s easy to navigate. It’s also one of the few binary brokers to support MetaTrader.
Pocket Option has a beginner-friendly web platform for trading binaries, with an AI feature added
Deposit & Withdrawal Options
The best binary brokers offer multiple payment methods, including:
- Credit/Debit Cards – Visa, Mastercard
- E-Wallets – Skrill, Neteller, PayPal
- Bank Transfers – Direct deposits & withdrawals
- Cryptocurrency – Bitcoin, Ethereum, Tether (we’re seeing an increasing number of binary brands support crypto deposits and withdrawals)
Watch out for:
- Hidden fees on deposits/withdrawals
- Slow payout times (we’ve discovered some brokers take weeks to process withdrawals!)
Pro tip: If you see a broker with many complaints about withdrawal delays or account closures, don’t even consider them; just steer well clear.
Top binary options broker for deposit and withdrawal options: Capitalcore is a stand-out option if you want a great choice of fast, secure and low-cost funding options in a user-friendly cashier portal, including Ethereum Payments, Mastercard, Visa, Perfect Money, Bitcoin Payments, Debit Card, Credit Card, and PayPal.
Customer Support
A broker’s support can tell you a lot about its reliability, which is why we personally tested the customer service at every binary options provider in our toplist.
Before signing up, check:
- Availability – 24/7 live chat, phone, or email is ideal.
- Languages offered – Good brokers support multiple languages.
Top binary options broker for customer support: Videforex is one of the only binary brands with video chat support – a fairly unique feature that we’ve tested multiple times over the years, marking it out for newer traders who want personal, hands-on assistance.
FAQ
What Are Binary Options?
Binary options are a type of financial instrument that lets traders speculate on whether the price of an asset, like stocks, forex pairs, or commodities, will go up or down within a predetermined timeframe.
The term binary comes from the fact that there are only two possible outcomes:
- You win – If your prediction is correct, you receive a fixed payout (usually between 70% and 90% of your stake from our analysis).
- You lose – If you’re wrong, you lose your entire investment for that trade.
Unlike traditional investing, where you buy and hold an asset, binary options trading is purely about price direction over short timeframes, sometimes as short as 5 seconds or as long as several weeks.
Here’s an example trade to bring it to life:
Suppose you’re trading binary options on EUR/USD, and the current price is 1.1000.
- You predict that in 5 minutes, the price will be higher than 1.1000.
- You place a $100 call option (a bet that the price will go up).
- You win if EUR/USD is above 1.1000 when the 5 minutes are up.
- If the payout is 80%, you get $180 back ($100 stake + $80 profit).
- If you’re wrong and EUR/USD is below 1.1000, you lose your $100 stake.
Are Binary Options Brokers Regulated?
You won’t find regulated brokers offering binary options if you’re based in certain regions like the UK (FCA banned in 2019) or Europe (ESMA banned in 2018). That’s because these regulators were concerned for retail traders due to high risks and scam concerns.
However, binary options are still permitted in lots of countries and many offshore providers accept global traders.
Just keep in mind that the quality of regulatory oversight and scrutiny is likely to be lower than traditional forex and CFD brokers, potentially resulting in fewer safeguards.