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  • Australia Best Binary Brokers May 2024

# Broker Bonus Features Deposit Regulated Our Score Trade Now
 
1 Top Option Broker Logo Up-to 100% Bonus
  • Stock Signals
  • CySEC regulated
  • Mobile trading for iOS and Android
$ 100 1 98 Visit Site Read Review
2 Option Time Broker Logo 100% Bonus
  • Fast withdrawals
  • EU Regulated broker
  • The Pro master feature with the indicators
$ 200 1 96 Visit Site Read Review
3 Banc de Binary Broker Logo 100% bonus without limit
  • Award winning broker
  • Known binary option broker
  • Free $50,000 demo account to practice
$ 250 1 93 Visit Site Read Review
4 24 Option Broker Logo Welcome bonus up to 100% bonus
  • Solid asset filter
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$ 250 1 91 Visit Site Read Review
5 Binary Tilt Broker Logo Up to 100% Bonus
  • Free trading signals
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  • New Zealand based and regulated broker
$ 300 1 88 Visit Site Read Review
6 Option Bit Broker Logo Up to 100%
  • Touch Trading
  • Intuitive trading platform
  • Mobile trading for both iOS and Android
$ 250 x 81 Visit Site Read Review
7 Cherry Trade Broker Logo Up to 100% bonus
  • One on one education
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$ 200 x 78 Visit Site Read Review
8 Anyoption Broker Logo Up to 25%
  • Best range of assets
  • Well established broker
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$ 200 1 75 Visit Site Read Review
9 Opteck Broker Logo Up to 50% off the 1st deposit
  • Educational resources
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$ 250 x 73 Visit Site Read Review
 

What are Binary Options?

Binary options are a specialized type of investment that results in an all-or-nothing outcome. With most investments, the amount earned varies unpredictably. This is not the case with a binary option. When using a binary trade, investors are essentially putting their money on an either/or proposition.

In many cases, binary options are based on a performance level of a particular stock. For example, investors may make a binary trade with a given price point on a stock. If that stock reaches or maintains the given price point over the course of the investment, a large payout is guaranteed. However, if the price is not at the predetermined point, investors walk away with nothing. When considering the best binary options, remember that these trades are set for a specific amount of time. All the terms and conditions are decided up front to ensure that investors are fully aware.

As with any investment, it is important to understand the terms and conditions in advance. However, smart investors can easily incorporate binary options into an overall financial plan with great success.

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