Top Binary Options Brokers for the German Traders

german brokersAs Germany have no specific regulations for governing the trading of binary options, German traders who wish to trade in a more regulated environment should trade with binary brokers that are licensed in other jurisdictions within the European Economic Area (EEA) such as Cyprus or the UK.

To make the task of finding a regulated binary broker easier for German based binary traders, we have compiled a list of brokers that are licensed by either the Cyprus Securities Exchange Commission (CYSEC) or the UK’s Financial Conduct Authority (FCA).

  • 24Option

A trading brand under Rodeler Ltd, 24Option is a leading award winning binary broker licensed by CYSEC (License #207/13). They are also a registered entity with BaFin. They are respected by many traders for its excellent service and intuitive trading platform. They are also one of the few binary brokers around who offer traders a chance to win thousand of dollars through their monthly trading competitions.

  • AnyOption

Established since 2012 by Ouroboros Derivatives Trading, AnyOption is also regulated by CYSEC under the license #187/12. This broker uses a proprietary trading platform that is easy to operate and is accessible from any computer with an internet access. Their rebates for out of the money trades are also one of the highest in the binary industry at 15%.

  • Capital Option

Capital Option is owned by a holding company called Trademarker Ltd. they are based in Cyprus and operated under the CySEC license #151/11. Their customer support is said to be excellent which helps to account for one of the reasons why they are so popular with many binary traders. For new trading accounts, they offer 100% welcome bonus as well as risk free trades. Capital Option is also one of the few binary options brokers that are registered with BaFin.

  • Top Option

Owned and managed by Safecap Investments Ltd, Top Option is regarded as one of the real pioneers of the binary trading industry. Regulated by several regulatory agencies such as ASIC (Australia), CYSEC (Cyprus), FCA (UK), BaFin (Germany), CONSOB and Banque de France, traders feel safe dealing with them because they know Top Option is a respectable and serious broker. This broker also offers one of the lowest minimum deposit requirements in the industry at $200.

  • OptionTime

OptionTime is another trading brand that is under Safecap Investments Ltd. They operated under the CYSEC license #092/08. Unlike its sister platform TopOption, OptionTime was only recently established and is one of the handful of binary brokers that adopted the Keystone trading platform. They come highly recommended mainly because the people behind this platform are that same which helped made Top Option a leading brand in the binary options industry.

  • OptionBit

Another binary broker worth considering is OptionBit. Regulated by CYSEC under the license #224/14, OptionBit is one of the pioneer binary brokers which incorporated a binary option trading signal system called “Algobit” into their trading platform. With Algobit, traders got the choice to have the trading signal system automate their trading decisions.

As can be seen above, the bulk of the regulated binary brokers are based in Cyprus. Many brokers chose to use Cyprus as their base because the CYSEC is valid within the European Economic Area (EEA).

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