Using multiple binary options brokers simultaneously

using multiple binary options brokers

You know how to practice trading with a binary options broker, but what about trading with several brokers simultaneously? Although it may seem surprising and unnecessary to trade via several binary options brokers, you will definitely change your mind after reading the following paragraphs. Because trading with several binary options brokers offers many advantages, certain traders do not hesitate to open several trading accounts with the most serious brokers in order to benefit and fully take advantage of the financial markets.

Trading with multiple brokers

Trading through several binary options brokers is common. Among other things, it allows you to benefit from the unique characteristics of the various platforms of the different brokers and to practice different types of trading (on various financial markets and different maturities). To select from now on the brokers that suit you, please consult without further delay our comparative chart of binary options brokers, that lists the best brokers within the binary options trading industry, which allows you to compare them based on tens of criteria that are specific to the brokers. Although practicing binary options trading is obviously possible with a single broker, having several trading accounts with several brokers presents a variety of important advantages; therefore, it is a necessity.

In my opinion, using 2 to 5 binary options brokers is a good thing since some binary options brokers have unique features in their trading platforms that can not be found anywhere else. Hence, your next question is “what broker to choose?”. Please note that the trading industry features several hundreds of binary options brokers. Unfortunately, many brokers are binary options scammers (see the AMF’s blacklist of 247 banned brokers), thus only 10% of brokers are authorized and considered reliable; we are referring to the regulated binary options brokers.

To choose your various binary options brokers, you should pay attention to several criteria; whether the broker allows obtaining a bonus on deposit, what are the different types of proposed binary options trading, what instruments (markets) can be handled by traders with the broker in question, if an online support is available to assist traders, if the broker has a mobile trading platform or even a social trading platform?

Authorized binary options brokers

Choosing to become a trader with a binary options broker is one of the most sensible choices a trader can make. Binary options trading is an online investment activity that has continued to grow in recent years. More and more individuals are attracted to this practice since binary options allow many of them manage to supplement their monthly income while the luckiest of them can make a living out of their investments. However, faced with this growing number of potential traders, companies that claim to be honest brokers are emerging and sometimes they are scammers.

Fraudulent companies do not hesitate to misrepresent the nature of their activities or their status and authorizations in order to attract traders. Sometimes, they ruthlessly steal traders’ money. Please be aware that unlike these scammers, there are fortunately authorized and regulated binary options brokers; these brokers have had their licenses issued by competent financial authorities (such as the AMF – France, the FCA – UK, the CNMV – Spain, the CONSOB – Italy or the CySEC – Cyprus); it is this kind of brokers that you must prioritize in order to enjoy a pleasant and safe experience in the binary options world.

The advantages

As a reader, you enjoy two benefits; the award of a bonus on deposit with a partner broker as well as the Guarantee.

If we consider the examples of regulated brokers, such as 24Option or TopOption, upon opening a 24Option or TopOption account, you will be respectively entitled to 20% and 0% bonus on deposit in normal times. But, when you create a binary options account through one of the links on our website, you will get a bonus on deposit that we have exceptionally negotiated with the teams of these brokers; in the case of these two brokers, you can take advantage of a 100% negotiated bonus that will allow you to double your first cash deposit on the trading account.

The Guarantee is an additional security element; by opening an account with a partner broker featured on our website, you will automatically be eligible for this guarantee, and you will benefit from the special relationships that we maintain with the brokers in case you encounter a dispute with one of our partners. This is intended to resolve  the problem in question as quickly and as fairly as possible.

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