We tested all the leading binary options brokers in Canada and we present you with the cream of the crop based on three key elements: best bonus offers, best mobile platforms & brokers with demo accounts (always nice to know how trading platform looks like before signing up). We have given out grades, and all you have left to do is pick the broker that best fits your trading needs.
Let’s begin then…
Who Gives the Best Deposit Bonuses?
Best Bonus Brokers
How to Get a Binary Options Bonus?
Recently, the CySEC (Cyprus authority) warned some brokers that were not always serious about the bonuses, which systematically blocked traders’ deposits before the entire capital was reinvested. It is important to distinguish “bonus” of “deposit” on the broker at: The deposit can be withdrawn at any time, but the bonus may be subject to conditions (e.g. placing 20 puts). All brokers mentioned above are fully regulated, and these rules are closely followed.
Who Offers a Binary Options Promotion?
There are very few regulated brokers who offer real promotions. The only broker to offer regular contests is 24Option. Each month, it gives out almost CAD $20,000 (e.g. these 24Option promotions ) between members.
Other dealers as Banc de Binary or 24option occasionally offer welcome bonuses for iPad and other mobile technology users. Last but not least, Opteck offers more technical gifts, in connection with the activity, such as trading signals packs available.
No Deposit Bonus Does Not Exist in Binary Options
If you are looking for a no deposit bonus, you will not find it in the world of binary options trading. It is not a game of chance, it is a methodical trading tool. Online brokers charge market coverage and market access (technical infrastructure) fees, they cannot take a chance on offering a no deposit bonus, they need to guarantee that you allow them to earn a commission. If you are reasonable, you will understand immediately that a regulated broker and a serious binary options firm does not have the ability to offer bonuses without any warranty.
Binary Options Mobile Apps
As the most experienced investors know, there are no clocks for the financial markets, and you have to be responsive once an opportunity arises. It is for this reason that most binary options sites have also developed mobile applications (iPhone, Android) so that their users can access financial markets from their smartphones and tablets.
List of Mobile Binary Options Websites
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Best Binary Options Apps
Coincidence or not, the three best binary options apps are published by groups which also have their own trading platform (which are not propelled by the SpotOption technology): 24Option , Banc De Binary and AnyOption . Since these three binary options brokers have chosen to internalize technology, they took the opportunity to develop iPhone apps (and iPad) as well as Android to facilitate the quality of investments on smartphones.
If you do not have the iOS or Android operating systems, do not panic! These three binary options brokers have thought of everything: AnyOption, Banc De Binary and 24Option are optimized for mobile and are very user friendly.
BinaryAction is primarily a team of traders employed in several investment banks and private financial markets.
For us, the mobile application is essential, and we follow all markets (Canadian in particular) from our iPhone with Bloomberg Anywhere. That is why we put much weight on a broker’s mobile readiness when considering an ongoing relationship with them.