“Top 10” style lists are always a popular way to organise product or service reviewed content. And these days these are just so darn many brokers to choose from (well over 200 at this writing but starting to level out it seems) that simply attempting to narrow down your choices to a reasonable selection is a nightmare. It becomes even more problematic when you consider that different brokers serve different markets, offer their services and support in different languages, and often do not accept clients from the US market any longer. So, you might go all through a process, find a broker you love, and then go to sign up only to discover that they do not accept traders from the US. That is a very frustrating experience. Lucky for you, we’ve already done all that hard work for you over the course of the last several years of being active in the binary options trading community. So without further ado, here are our choices for the top 10 binary options brokers for 2020…
Top 10 Binary Options Brokers For 2020
Due to the issue of many brokers being “forced” to drop US clients and exit the US market, we have decided to split this year’s top 10 brokers list into two parts. Instead of a single “top 10” list, it will be split into two “top 5” lists. One for the top 5 brokers currently serving the US market, and one for the top 5 EU-regulated brokers serving the EU, and other non-US markets. Since the majority of our visitors and readers are US-based, we’ll start with the top 5 binary options brokers currently serving that market.
Top 5 Binary Options Brokers For US Traders For 2020
Our #1 Top-Rated Broker For US Clients – Finpari | Rating 4.81/5.00
#4 Top-rated Broker For US Clients – Trade Thunder | Rating 4.25/5.00
#5 Rated Broker For US Clients – CherryTrade | Rating 4.07/5.00
Empire Option – One of the most popular brands serving the US market (As measured by Alexa market share (Alexa.com). However, we’ve had negative experience with them personally.
The global list for our top 10 binary options brokers page was decidedly more difficult to put together than the US version. Traders operating from markets other than the US simply have a greater variety of brokers to choose from than their US counterparts. More competition is a good thing overall, but in this case it can also make finding the right broker even more of a challenge. We have found over the years that the majority of the brokers we review fall into the “average” class, a handful will fall into the “poor quality” group, another handful falls into the “above average” class, and then, unfortunately, a small minority belongs in the full-on “bad apple” class of grab and run (it’s unfortunate but they do exist), and then we can actually put a small handful in the truly “outstanding” market leaders group. But we are mostly only interested in those that have made it into the “outstanding” group, and we’re confident that you’ll find that any of the brokers below fit that description.
Top 5 EU-Regulated Binary Options Brokers For Global Traders
#4 Top-Rated EU-Regulated Broker – TopOption |
Review (coming soon!)
OptionBit / AlgoBit – One of the original dozen binary options specializing brokers. Has a long-established history of excellence. Offers free AlgoBit signals service for OptionBit clients.
That’s it for this year’s list of the top 10 binary options brokers for 2020. These lists are, of course, constantly subject to change as changes take place in the binary options market itself, as well as based on the feedback which we receive from our visitors about the brokers they trade with. Now would be a good time to mention how heavily we rely on your opinion for our reviews and ratings! Nothing is more valuable to our readers than feedback from other real traders like themselves. So, if you have any experience with any of the brokers discussed here that you are willing to share with your fellow traders then please leave us a comment below, or use the contact us form. Thanks!