Binary Trading Brokers Reviewed
If there is one thing we hate in Canada, that is getting ripped off. Trading with a reputable binary option broker that accepts traders from Canada ensures your money is protected through enhanced security and a trusted website, however not all trading platforms offer this.
There are many brokers proven to be trustworthy. There are many more brokers who have proven to be untrustworthy. Keep in mind that many traders lose money when they start trading binary options. This could be because they are just not very good traders or they are making mistakes that end up costing them money. Many of these traders blast the broker directly even when it is the traders fault. We have been in the business long enough to list out the good brokers from the bad.
Below we review five reputable binary options brokers. These binary trading sites accept Canadian citizens, have easy deposit and withdrawal methods and will give you a fair trading experience.
Banc De Binary
Based out of Cyprus, Banc De Binary (www.bbinary.com) is a top-picked platform among higher net worth individuals who are looking to trade in larger amounts. In addition, they offer one of the most extensive selections of available assets. Banc De Binary has a high minimum deposit of $500 to begin. However they make up for this by offering some of the highest returns among brokers of up to 90%. They also offer exceptional customer service. If you can invest $500.00 they will set up a $50,000 demo account for you to trade with and practice until you are ready to trade for real money. Learn more here.
Each binary option broker has slightly different features and drawbacks; however the most important consideration is whether you will feel safe while trading. Check out each of the brokers on this list and decide for yourself which features and layout are most important to you.
Are People Trading Binaries Online In 2015?
Yes. And as the economy continues to improve the number of traders is going to increase. We are at the early stages right now. The gold rush stages. Binary trading is hot and it is about to be super hot. You can learn the basics of binary trading here and just make sure you stick to a reputable broker before depositing any money.
Many are carefully designed to scam investors (you) out of their money by posing as legitimate trading websites. When in reality these types of binary websites are nothing more than bucket shops looking to fleece you from your money. With binary options being simple to do, but not easy to master it makes the industry ripe for fake trading sites. These sites give the legitimate brokers a bad name, and there are high quality binary options brokers you can trade safely, securely and if you win, you will get paid.