Binary options are getting a lot of hype this year. A couple of years back, most people did not even know they existed, much less how to trade them. Starting in 2011, binary options became something of a trending topic, displacing Forex as the most exciting trading market out there for everyday retail traders.

Why should you consider investing your money in binary options in 2017? Here are 5 great reasons.

1. Broker reputations are more established.

The first great reason to think about trading binary options this year is that binary options brokers have had some time to establish themselves as trustworthy or otherwise. We have a list of brokers you can trade with here, and on this page you can check out positive and negative reviews of binary options brokers. These reviews include detailed information about features, customer service, and more. Online you can look up more information on any broker which interests you and read customer complaints, praise from popular trading websites, and more. A couple of years ago, most binary options brokers were unknowns, so trading used to entail a higher degree of risk than it does today.

Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
90% $10 $1
 
200% $50 $10
 
85% $200 $20
 
85% $100 $5
 
85% $10 $1
 
95% $250 $1
 
80% $5 $1
 
80% - 90% $250 $5
 
85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
95% $250 $1
 
80% $10 $0.10
 
160% - 180% $50 $2
 
95% $250 $1
 
90% $250 $1
 
80% - 90% $250 $5
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
200% $50 $10
 
95% $250 $1
 
90% $50 $1
 
80% $5 $1
 
80% - 90% $250 $5
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  200% $50 $10
 
  85% $200 $20
 
  85% $100 $5
 
  95% $250 $1
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
90% $10 $1
 
200% $50 $10
 
85% $50 $1
 
85% $200 $20
 
85% $100 $5
 
95% $250 $1
 
85% $10 $1
 
80% $5 $1
 
80% - 90% $250 $5
 
80% $250 $25
 
85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
90% $10 $1
 
90% $50 $1
 
85% $100 $5
 
85% $10 $1
 
85% $50 $1
 
85% $200 $20
 
95% $250 $1
 
80% $250 $25
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  85% $50 $1
 
  200% $50 $10
 
  95% $250 $1
 
  85% $200 $20
 
  85% $10 $1
 
  85% $100 $5
 
  80% $250 $25
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  95% $250 $1
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  80% $250 $25
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  85% $100 $5
 
  95% $250 $1
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  80% $250 $25
 
  85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $250 $10
 
  85% $50 $1
 
  85% $100 $5
 
  85% $10 $1
 
  95% $250 $1
 
  80% - 90% $250 $5
 
  80% $250 $25
 
  85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  85% $100 $5
 
  85% $10 $1
 
  95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  85% $100 $5
 
  85% $10 $1
 
  95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  85% $10 $1
 
  95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $50 $1
 
  90% $50 $1
 
  85% $10 $1
 
  95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $10 $1
 
  85% $50 $1
 
  95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
90% $10 $1
 
85% $200 $20
 
85% $100 $5
 
95% $250 $1
 
80% - 90% $250 $5
 
85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  85% $100 $5
 
  85% $50 $1
 
  85% $10 $1
 
  95% $250 $1
 
  80% $250 $25
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  90% $10 $1
 
  200% $50 $10
 
  85% $250 $10
 
  85% $50 $1
 
  85% $100 $5
 
  95% $250 $1
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  80% $250 $25
 
  85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
200% $50 $10
 
95% $250 $1
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  200% $50 $10
 
  85% $250 $10
 
  85% $200 $20
 
  95% $250 $1
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  85% $250 $5  
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
  85% $50 $1
 
  200% $50 $10
 
  85% $200 $20
 
  95% $250 $1
 
  85% $100 $5
 
  85% $10 $1
 
  80% - 90% $250 $5
 
  80% $250 $25
 
Broker reviews Blacklist rating Trade now Early expiry Avg returns Min deposits Min trade Ratings Trade now
95% $250 $1
 
85% $10 $1
 
80% - 90% $250 $5
 
85% $50 $1
 

 

2. Regulation groundwork is being laid.

Right now there are still binary options brokers who are not actually regulated as binary options brokers, because it is not an existing regulatory status. A couple of years have passed, however, and authorities in Cyprus and other countries are starting to look seriously into regulating binary options brokers. Once that regulation is available, trading will be even less risky. And in the meantime, there are a number of brokers who have become regulated as other types of financial entities. These brokers offer you some level of protection.

3. Low entry barriers.

Entry barriers for binary options trading are relatively low, with most brokers requiring only small deposits around $200-$250. Some brokers will even allow you to sign up and start trading with as little as $100. If you are planning on using smart money management principles, however, you will probably want to invest a little more than that. We would recommend that you begin trading with no less than $500. This will enable you to invest a smaller percentage of your account, which allows you to lose more trades before you end up losing everything. The more buffer space you give yourself, the better. There are brokers which allow you to trade as little as $10-$25 on most of their trade types, and as little as $5 on 60 Second options! Check them out here!

Compare that to stock trading, where you need to be able to swing all kinds of fees and commissions. You can usually avoid fees with binary options trading altogether so long as you are careful about your deposits and withdrawals.

4. Trade dozens of assets.

With binary options trading, you are able to trade currencies, commodities, stocks, and indices. The country where you are located may limit some of your choices; US traders are generally only permitted to trade stocks and indices because of regulatory phrasing; read more about that here. Some binary options brokers allow you to choose from dozens of assets. You may find more than a hundred to choose from. Because of this, you have a great deal of freedom. If one financial instrument you enjoy trading is exhibiting choppy, unpredictable behavior, you might find another asset which offers you better opportunities. This prevents you from having to sit around waiting for market conditions to correct. Odds are you will find an opportunity to trade if you look for it. Just do not forget to test any asset you are thinking about trading.

5. Trade exciting 60 Second options.

While you may be trading to make money consistently over time, you might also be interested in trading binary options because they are exciting. A lot of people trade just for fun, treating binary options trading the same way they would an outing to the casino. As long as you use good money management principles and you are disciplined with your trading budget, there is no reason not to trade for fun.

Click here to make sure you have good money management principles

One of the most exciting types of trades out there is the 60 Second trade. These binary options expire within just 60 seconds, and offer you some of the fastest paced trading action online!

Binary options are fun, thrilling, and potentially lucrative. Low entry barriers make them accessible to everyday people like you or me, and if you do take some time to research and test, you may be able to profit from them consistently and regularly. With a couple of years of established history behind them, a few binary options brokers are building up strong reputations, standing out from the competition. In 2013, trading binary options will be safer and more fun than ever before.

Resources for extra info: