Brazil is one of the most visited countries in South America. The rich Brazilian culture attracts people from all walks of life. Brazil is a world leader in many ways, and one of those where is binary options trading. Brazil is one of the countries that have fully embraced binary options trading.
There are millions of binary options traders in brazil. It is no surprise that there are a lot of binary options brokers in Brazil as well. All these binary options brokers are hoping to attract the binary options Traders to their platforms in one way or the other. The question is, which is the best binary options broker in Brazil?
We have been lucky enough to get chances to experience and the kind of binary options trading offerings available in Brazil. We have interacted with quite a good number of the binary options brokers in Brazil. In the sections below, we are going to review in briefs 3 of what we found to be the most impressive binary options brokers for Brazilian traders.
Please note that our reviews are based on our experiences. The brokers we’ve included in this review are those that we feel will give you the best chance of making something from your binary options trading efforts. We have no business promoting or discrediting any of the binary options brokers in Brazil. Ultimately, the review should point you in the right direction when it choosing the best binary options broker. Whether you choose the brokers we’ve reviewed below or any other, you will have done so by establishing that they can offer you stellar brokerage services.
Here is a comparison table comparing the three brokers.
|Brokers||Minimum deposit||Maximum Payout||Demo Account|
|IQ Option||$10||95%||Yes||1st Choice|
|Expert Option||$25||95%||Yes||2nd Choice|
|Olymp Trade||$10||92%||Yes||3rd Choice|
As mentioned above, our main aim is to ensure you can easily choose the best binary options broker for yourself. Before we get started with reviewing their specific brokers, we want to help you understand what makes a good binary options broker.
As you might already know, the main role of a binary options broker is to connect you to the global financial markets. As such, you need to ensure the broker you choose can do this in the most effective manner.
Here are some of the considerations that you should make;
Trading accounts and platforms – the trading accounts and platforms are the other two interfaces that connect you to the global financial markets. If you are to trade profitably you need nothing short of the best trading technologies. You need a trading platform that is user-intuitive and has every tool that you need to be able to trade binary options.
Reputation and regulation – the binary options scene has become a soft spot for internet scammers and hackers. Scammers masquerade as binary options brokers and try to enter entice you to deposit your money home to their platforms. You end up losing you are hard and money and not being able to trade binary options. Some scammers will provide fake trading platforms, and you will just be losing money thinking you’re treating on the global financial markets. To avoid all this, take time to ensure the broker you are working with has a good reputation and is regulated by a known regulatory authority.
There are many other considerations that you should make, but these are just about the most important ones. Having said that, let’s dive in and find out which are the best binary options brokers in Brazil.
Brazilian binary options traders are a lucky lot because they have IQ option as one of the brokers they can trade on. IQ option is a big name in the binary options trading world, and its services are some of the most sought-after. Trading on IQ option is certainly able to experience, and we can guarantee you that IQ option will give you a good footing while you’re getting started with binary options trading.
If you are worried about getting scammed or about fake trading platforms, IQ option is one of the brokers that we set those fears away. IQ Option is a very reputable binary options broker. A simple search for information about IQ option, we reveal reviews from other traders who have used it before. But you do not have to dual or hearsay only. IQ option is under the oversight of a Cypriot regulatory body known as Cyprus securities and exchange commission.
IQ option trading accounts
IQ option is known to have a simple trading account structure at 1 which can accommodate or types of binary options traders. On IQ Option you can either have a standard or a VIP account. In essence, the standard account is the main trading account on IQ option and it accommodates all kinds of Traders regardless of their trading strategies and experience. You need to deposit a minimum of $10 note to start trading on the standard account. That makes IQ option the best binary options brokers with low minimum deposit in Brazil.
The VIP account will be accessed by depositing a minimum of $1900. You can also access the account once you’ve hit a total trading volume of 15000 dollars. Basically, the VIP account is a way of IQ option to reward Traders who have shown loyalty and who have been making money for IQ option by trading successfully.
We cannot forget to at least mention the IQ option demo account. It makes IQ Option the best binary options brokers with demo accounts in Brazil. The IQ Option demo account will ensure you are well prepared before you start trading on a real account.
Expert option is the other fantastic binary options broker for Brazilian Traders. Expert option is in many ways a similar to IQ Option. Experiences with it and we are confident that it is one of the best binary options brokers for beginners in Brazil.
Before we outline the reasons why we think Expert option is one of the most impressive binary options brokers in Brazil, we want to make you comfortable by assuring you that Expert option is A reputable and regulated binary options broker.
Expert option trading accounts
This is where expert option distinguishes itself from the rest of the binary options brokers. It offers an incredible variety of trading accounts to ensure every trader on the platform is trading on an account which they feel comfortable with.
Here is a list of them trading accounts available on expert option;
- Basic account- $50
- Silver account- $500
- Gold account- $2500
- Platinum account – $5000
- Exclusive account- invite only
These five trading accounts on expert option have trading tools for every kind of trader. You just have to match yourself to the right trading account and you’ll be on your way to making some profits. Expert option also has a demo account, that will usher you into binary options trading on Expert option in the best way possible.
Olympic field is yet another binary options broker that is of the same calibre as the brokers reviewed above. Olymp trade strikes out by having one of the most developed trading platforms. It is known for its top-notch trading technology, and more so the trading robots.
Olymp trade is a modern era binary options broker. That means it features some of the most modern trading tools, and the prudent experience on Olymp trade cannot get any better. Before we go any farther, it’s important that you are a sure that olymp trade is a regulated binary options program and you should expect to have a seamless trading experience.
Olymp trade Trading accounts
Olymp trade has a very simple protein account structure just like IQ option. In fact, you could easily mistake the Olymp Trade trading platform for the IQ option trading platform. It has a standard and VIP account.
The standard account it is accessible after you deposited a minimum of $10, while the VIP account will require you to have a minimum of $2000. That does not imply that the standard account is not a good trading account or it lacks. If anything, the standard account is the main trading account on olymp trade and it comes with all the features and tools that a serious binary options trader would require.
The reason behind the low minimum deposit for the standard account is to ensure that note reader is locked out of olymp trade. We are certain that Olymp today is one of the best binary options brokers Brazil 2019. It never lacks in any list of best binary options brokers in Brazil. Olymp trade also offers a demo account to ensure you get a good introduction on to the platform.
In summary, the binary options brokers we have talked about above some of the best not only in Brazil but in many other places across the world. These three broke ass hold the largest number of binary options brokers and the whole world. Certainly, they is something they are doing right that has enabled them to attract the attention of millions of traders.