CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are a lot of binary options brokers. Most of them offer a free demo so you can take a look at their trading platform before depositing real money. You should always avoid unregulated brokers. Also take into consideration the return percentage, the minimum required deposit and the trading platform which should be user friendly and mobile so you can trade on the go.
We recommend trading binary options on a platform that uses an exchange based model so there's no conflict of interest.
Every country has an organisation which regulates the financial services industries. We only list brokers that operate in an officially regulated environment. List of regulators mentioned on this website:
** Return percentage:
If you made a good guess, then the trade expires in the money (ITM) and you wel get a decent return. If you guessed wrong, the trade expires out of the money (OTM) and you have lost your investment. In some cases some brokers do give you a few percentage points back from your original investment.