Most of binary options legitimacy has made entrepreneurs/investors tend to turn away from the platforms. To be sure you in a real deal you need to go for Government regulated binary option. However, it is not that all binary options are not legitimate; some still provide honest services. Some of the legit binary options include; IQ option, Binary.com, Marketsworld, and Highlow.
1. IQ option
It is the leading legit binary options. Regulated by the Exchange Commission, and Cyprus Securities, legitimacy is assured. The IQ Option is a young binary broker option and is accessible to traders and experts. It is easy to use due to the availability of many deposit and withdrawal options. In this option, you have two types of accounts to choose from, VIP Account and Real Account. For you to trade on a VIP Account, you must deposit a sum minimum of $3,000, but for a Real Account, you need to file a sum minimum of $10. Worth noting is that the option uses a native app and traders can earn up to 91%.
It is the second legit binary options that follow the IQ option. The broker licensed in places like the United Kingdom, Ireland, and the British Isles. It has proved its legitimacy by detailing out its marketing operations and owning company; it’s famous for honest and trustworthy trading. To kick-start trading in cryptocurrency, FX margin, and CFD’s you have to deposit a sum minimum of $10 but for those interested in e-wallets you need to file at a minimum of $5. The broker offers charts, tutorials, and so on as their trading tools. Furthermore, the broker offers two type’s bonuses, but the rewards are withdrawn upon the trader achieving 25 turnovers.
Marketsworld is also a legit binary options platform which is regulated by The Isle of Man GSC. The broker location is in Great Britain. It is famous for trading mainly on Forex and other commodities. To start trading with Marketsworld, you need to deposit $10 as a minimum, and the balance must be $1. Marketsworld also provides bonuses, but to those trading up to 100% the rewards are limited. Traders using this broker earn up to 90%. The other fantastic thing in this broker is that traders in the United States are permitted to use the broker who is not the case in other regulated brokers.
The broker is situated in Australia and does not permit traders based in the United States to trade using this binary options broker. To trade using this platform, you need to deposit a minimum sum of $10, worth noting is that the minimum investment also set to $10. Highlow is among legit binary options available. It trades by using the MarketPulse. Traders can earn up to 90% while using this platform. Traders are not limited to withdraw their money and can access it at their own will while the bonuses remain.
The above are some of the legit binary options which have approved their honesty and suitable trading. These are but some of the legit binary options but it does not mean that the other broker platforms are legit you need to check if the Government regulate them, but the above brokers are the commonly used brokers.