Binary options are catching the attention of individuals worldwide, as they let you take advantage of fluctuating trading prices. Plus, they implement a simple, all-or-nothing paradigm that many investors swear by. If you’re new to the game, your first priority should be to familiarize yourself with the terrain as thoroughly as possible. Toward that end, first learn the differences between different broker services. Here we’ve assembled the Top 5 German binary options brokers.
Banc de Swiss
You may be surprised to learn that Banc de Swiss isn’t Swiss at all, but German. In fact, it’s one of two binary options brokers actually to be based in Germany, alongside Bloombex Options, an unregulated alternative. If you wish to review Top 5 binary options broker here , again you’ll find Banc de Swiss at the top of the list. A CySEC (Cyprus Securities and Exchange Commission) regulated broker, Banc de Swiss’ high profile has drawn a great deal of attention, though mostly praise, and has generated regular questions on forums of Banc de swiss broker serious or scam? To find out first-hand, it is possible to start a BDSwiss Demo Account. The threshold to open an account is relatively low, with just a 100 USD minimum.
24Option is appealing to many for its registration under Germany’s own Federal Financial Supervisory Authority, BaFin (or the Bundesanstalt für Finanzdienstleistungsaufsicht). 24Option frequently makes “top binary broker” lists. 24Option is CySEC regulated. Like Banc de Swiss, 24Option lets new users try out their services with demo accounts. The 89 percent maximum profit percentage is among the highest you’ll find anywhere. On the other hand, 24Option requires 250 EUR to open an account.
Another firm making the “Top 5 German Binary options Brokers” lists is Capital Option. In fact, BaFin, the German regulatory body, has designated Capital Option, together with 24Option and TopOption, as the three top brokers among investors. Capital Option is also CySEC regulated, a reassurance to many.
A relatively new firm, TopOption is rapidly winning fans for its CySEC regulation and the fact that it is operated by the regulated and well-established Cyprus-based investment firm, Safecaps Investments Ltd. In addition, the firm requires 100 USD to open an account, far less than many competitors.
Wrapping up our list of Top 5 German Binary options Brokers, OptionFair was one of the first brokers to get in on the binary options trading boom. It has made a solid reputation for itself, offering both brokerage services and its own original trading platform, which is used by at least five other brokers. Under CySEC regulation, OptionFair is lauded by many investors for reliability.