5 Best Options Trading Platforms & Brokers
It is undeniable that the Indonesian binary options application currently has many and varied types. This certainly benefits traders because they can have the best trading application that suits their needs. However, make sure to choose the best binary options application to avoid risk when trading.
Binary options are one part of online trading instruments where traders will predict or guess the price of an asset whether it will go up or down in a certain period of time. You need to know, that binary options trading and forex trading are two very different things because binary trading only guesses whether the price will go down or up.
Read: Best Forex Trading Platform
1. Quotex
Quotex.io is one of the best binary options trading applications in Indonesia today. This application offers a platform that is simple and easy to use even for trading beginners. This binary options trading application is also equipped with more than 22 trend indicators and insulators. Not only that, Quotex also has the most appropriate trading signals that can help traders develop trading strategies.
Quotex also has access to more than 410 instruments ranging from forex, commodities to indices. You can also take advantage of the demo account without registration and deposit to practice binary options trading and learn to develop strategies. However, if you want to start trading with real money, Quotex offers a low deposit starting at $10. This application also offers an easy deposit method, which can be via credit, debit, skrill, neteller, webmoney, yandex money to Qiwi cards.
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2. Pocket Option
Pocket Option is also one of the best Indonesian binary options applications that are chosen by many traders. This application offers an online trading system with more than 100 assets via a web platform, mobile application, to the MetaTrader 4 trading platform. Pocket option is an application developed by Gembell Limited company located in the Marshall Islands.
Not only popular in Indonesia, the Pocket Option application is also very popular among world traders. This is because the binary options application offers an easy way of registration and various payment methods. Pocket options also offer a fairly high return on investment and can go up to 95% more.
3. Raceoption
Raceoption is a trusted binary options broker and trading application that has been around since 2014. This binary options application is under the auspices of Makerun Corp based in the Marshall Islands. Raceoption is also the only binary options broker that accepts traders from the United States and around the world.
Playing on Raceoption allows traders to earn up to 95% in just 60 seconds. Here you can make transactions on 150 types of assets such as stocks, forex, commodities to indices from various countries around the world. You can also trade forex via CFDs as well as various other types of assets available on the platform.
Read: Best Stocks Apps
4. Binary Cent
Binary Cent is a binary options application that has been released since 2017 under the auspices of the Wave Makers LTD company located in the Marshall Islands. Not only does it provide binary options trading, this application also serves forex and contract for difference (CFD) transactions. This makes your opportunity to be able to take a larger position than usual so that the profits to be obtained will also be even greater.
Binary Cent is under the auspices of the Global Financial Services Authority (GLOFSA). By trading binary options here, you can make fast deposits and withdrawals for free using other payment methods such as cryptocurrency and perfect money.
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5. IQ Option
The next best Indonesian binary options application is IQ Option. This is one of the binary options applications that offers a fairly low initial deposit of $10. One of the advantages of this application is that it provides access to the binary options market through a trading platform equipped with four indicators, namely Bollinger bands, moving average, relative strength index and alligator.