The binary options market (like other areas related to the trading of currency values) today is at an extremely developed level. You can verify this at least by the huge amount of advertising on the Internet (and not only), which lures the user with various sweet offers, like earning three-digit amounts in dollars per day, hour, and so on.
However, as you can guess, reality is much more severe. Getting substantial income from binary options is not so simple, and if it comes to constant earnings for a beginner, and even more so. No matter what promises ad banners are decorated with, you need to independently analyze such a source of income as options trading. In addition, it is important to determine the platform on which you would like to start working.
Earning scheme
First, a few words about the options trading itself. Unlike working in the Forex market, where the user independently chooses time areas for analysis, transactions on binary options are concluded for a predetermined period. As binary options brokers point to their sites (in Russia you can find their rating on many resources - with their help we have compiled our own and will present it in this article), there are several options for the transaction term: 30 minutes, 60 minutes, 90 minutes - it all depends from the site. It turns out that the trader needs to predict what the exchange rate of the currency pair will be after this time (what you understand is very difficult to do).
At the same time, describing the scheme of earnings, binary options (without investment and with a fixed minimum deposit) indicate that everything works very simply. The merchant has actually two choices - lowering and increasing the value of one currency to another. By clicking one of the buttons to determine your forecast, you are supposedly making a simpler choice. Nevertheless, it is easier to predict the rate of growth or decrease in value and the duration of this process on Forex than on binary options.
Features
In addition to the specifics of the work itself, there are also some differences between the platforms that provide services for traders. There are a large number of such today - different projects have individual conditions on which they collaborate with their clients. Thus, having before your eyes a list that includes binary options brokers in Russia (rating, if you want), you can easily choose a more suitable option for yourself.
Of course, in essence, all the platforms are identical - the purpose of their work is the same: to provide the trader with access to signals, enter into transactions, transparently calculate the profit and loss of the client, carry out the withdrawal of funds and transfer money to the account and much more. However, according to the profile with which binary options sites are positioned, many differences can be traced between them.
What criteria will we be guided to give an assessment of this or that site? Read about this in the next section.
Analysis of available platforms
So, at first glance it’s not easy to find differences in the services through which you can trade options. All of them are made with high-quality design, many have a similar layout of page blocks (and even the same images on which financial charts are placed). Sometimes it seems that the sites of these companies were developed by one person. But, perhaps, this question is not so important.
The appearance of the resource fades into the background if the conditions under which binary options work are taken into account. Without investing money at all or with a minimum amount for a deposit, with one or another rate of return, with a certain set of currencies to replenish the account - each program has its own peculiarity. This also includes the level of support, the ability to trade a certain number of financial instruments (stocks and currency pairs), the availability of the opportunity to open a demo account to test your abilities, and more. We will mention these criteria when we describe how binary options brokers work in Russia. The rating presented in this article, we compiled on the basis of data that could be found in the public domain. This mainly includes customer service conditions.
Rating
Well, if we make some comparisons between platforms, I would also like to note one important nuance. All sites have their own advantages and some disadvantages. Therefore, it is unambiguous to note that one resource is many times more profitable than another, it is impossible. One can only single out one specific criterion, and determine how the company works by it.
In general, all binary options brokers in Russia (the rating that we made proved it once again) are good platforms for starting both a person who is the first in this topic, and for someone who already has significant experience in trading options. It is pleasing that such serious companies compete on the market, which will be discussed later.
Iq option
Of course, speaking of the Russian platform for trade, one cannot fail to mention this company. It appeared on the market only a few years ago (regarding how many other platforms work, the term is short). Despite this, the resource made a lot of noise. He was written about in many press releases, forums and blogs. Traders were actively interested in why it attracts other players (if binary options can be called a game) IQ Option. We also clarified this question.
Firstly, there is a low threshold for “entry." The minimum contribution amount is only ten dollars - so much should be paid to a person who wants to try himself in the world of trading. Agree, this is a little money, with which you can start to earn much more. Secondly, there is a small step in rates. The minimum transaction price is one dollar. Thirdly, the platform generously distributes bonuses, various promotions and gifts to customers. For example, for the first replenishment of the account there is a bonus of 50 percent. For some reason, this form of the service is very similar to the business model of many online casinos. Regarding the rate of return on this site, everything is fine - the client receives up to 92% of the profit from invested funds.
24Option
Next in our ranking is the 24Option broker. This is another very famous resource for earning on options trading. According to his clients, the platform constantly offers some favorable conditions for cooperation. For example, to replenish the account here is set a one hundred percent bonus. This means that no matter what amount you contribute to your deposit, you will ultimately receive twice as much. A plus of the site is a wide selection of currency instruments - about 120 points. Thus, there is room for a true currency specialist to turn around. They provide full round-the-clock support in various ways: by mail, by phone and chat.
Binarium
Next on our list is the Binarium broker. Binary options with this company are even more accessible than with others, because the minimum amount for replenishment is set at $ 9! True, the platform does not offer a demo account, trading virtual currency. This means that traders practice here also with real money. The income that a client can receive is limited to the level of 85% of the invested amount.
The company was founded in Russia in 2012. As evidenced by the reviews of those who work with this platform, the broker's portfolio contains even Russian assets.
Binary
An interesting resource for trading can be a platform developed by Binary. Reviews about this site show that it has very flexible conditions for concluding deals. On it you can also meet, perhaps, the lowest threshold of entry - only 5 dollars. Rates here may be including one dollar.
However, one should not assume that with such restrictions, the broker is aimed at the low segment of traders and those who have just started their activities in the financial world. In fact, there is something for even professional traders to work on - the platform promises a wide range of tools, quality support. Despite the tiny amount that you can start with, they also offer a demo account. In general, all conditions are provided for a successful start and continuation of your career in the world of options.
Anyoption
Next we placed a company that has a much higher threshold for traders to enter - the minimum replenishment amount is indicated here at $ 200. The rate at which an option transaction can be concluded is $ 25.
But the company boasts another advantage. We are talking about a 15 percent return of funds lost by the merchant. As the reviews describing AnyOption indicate, this resource does not have a demo account. Again, this makes it impossible for users to get used to the system interface. Some traders claim that the company sometimes carries out some kind of manipulation in the market. This is expressed in the fact that it is simply impossible to acquire options if there is a really profitable entry point for the trader. Therefore, on the Internet, several projects are actively discussing how the company manages to do this, and whether this is possible at all.
There are other nuances in working with AnyOption. Reviews indicate too high requirements for documents from the trader. In fact, in order to withdraw funds from here, you need to specify in detail all your passport data, which will be checked for a certain period of time. These are the safety standards for working here.
Nevertheless, the platform is very popular and pays like a clock.
uTrader
Convenient for work and interesting from the point of view of cooperation is uTrader. We were able to find reviews of grateful customers about it on many resources. They note the speed of support work, the policy of the company as a whole, and the availability of a wide range of currency instruments.
The platform began its activity in 2011, it is registered in Latvia - it is precisely due to this that it can offer flexible working conditions to both domestic traders and Western experts. The same applies to withdrawal methods, which is very convenient.
The lack of a demo account is, albeit insignificant, but a drawback of uTrader. Reviews indicate that the minimum deposit here is $ 200, and the rate is $ 20.
Stockpair
A foreign company that has opened a domestic division for its successful activities in the Russian market is StockPair. The reviews characterize the site as an interesting platform for those who would like to try their hand at a somewhat unusual form of trading - in pairs of shares of various companies. Perhaps this approach will be justified for specialists in quotations of securities and the ratio of their prices.
Since the company began its activities in the Russian market, it is not worth worrying about depositing and withdrawing funds from here. All the most popular and convenient methods for the Russian visitor are provided on the platform. The trust of the company, according to reviews, is also on top.
Opteck
If you are looking for a platform that will provide the most flexible terms of transactions (in particular, the ability to set different periods for which you need to predict the course), then the choice should be stopped on the Opteck resource. The reviews that we could find regarding the activities of this resource are encouraging and inspire confidence in the company.
In the description of the site’s activities, it is noted that in the most exclusive cases, the broker makes it possible to earn all 100 percent of the funds invested in trading.
At the same time, there is nothing for beginners and people who want to try their hand at trading options - the minimum amount of replenishment may seem too high for most of these users. But there is the opportunity to create a demo account, with which it will be most convenient for a new client to work.
More recently, they have connected the opportunity to conclude deals for a minute, which reduces the spread of time for which a forecast should be made.
Tradeush
Further in the hierarchy of our list of platforms for trading options is TradeRush. The reviews indicate that the resource has an excellent organization - the most requested functions are provided here, while there is nothing superfluous. The minimum amount for depositing to the account is limited to 2 hundred dollars, that is, it will not work to allocate less to start work. Transactions can be concluded at least $ 10.
The income of a system participant is limited to 81%. There is also good news for those who have lost their money here - the company returns 10 percent of the lost amount to the account.
OptionFair
One of the youngest companies on our list is this platform. Here you can find a wide range of currency pairs and stocks, user-friendly software and a very favorable rate of return of up to 85 percent.
As noted by the reviews describing OptionFair, this resource can also be attributed to the most “generous” category - there are many bonuses and various rewards that allow you to increase your account balance much faster. True, as evidenced by those who already had experience with this office, all the bonuses received, despite their beautiful presentation, cannot be called a gift. Each of them must be played many times.
Dragon options
Not the most convenient in terms of working conditions, but one of the most reliable and reputable is the Dragon Options platform . If you believe the reviews, this resource offers a yield of up to 86 percent of the amount deposited. As a minimum payment, $ 200 is set here, and a bet can be made at least $ 25.
conclusions
Binary options trading is a promising area in which big money really revolves. Of course, everything in it is far from what is said in beautiful advertising brochures and banners posted throughout the network. This is not to say that this kind of trading is a simple and easy money, accessible to everyone, not at all. And if you start working without proper preparation, you simply lose your deposit.
However, you should not be upset and throw everything. If you read the reviews, you will notice a lot of comments from different people about the winnings and profits that they receive from trading. This means that there are those who manage to earn (and good money) in this area. Then what are you worse than them?
When choosing a broker, pay maximum attention to what reviews are left about it, what users say about this resource.
Consider all the companies that offer options trading, in this article we will not be able to because of their abundance. Above is information about the most popular of them.
Who knows, maybe you will be able to make serious capital, and you will find your approach in this matter. Good luck!