With so many brokers offering binary option trading how do you select the one which is best for you? Binary option brokers come in many sizes from the big well known brands to the small niche players and they all offer differing styles of trading platforms, pay-outs, funding requirements and bonus structures, so it is vitally important that you select a broker that best suits your requirements. You also have to be aware that although most brokers are trustworthy and reliable, binary options have had their fair share of unscrupulous brokers who were just fronting scams, thankfully that know seems to be in the past as regulation becomes stronger and tougher. Ultimately the binary options broker that you select may come down to what is legally available for you, but in an ideal world you will be able to pick the broker who offers the best blend of reputation, payouts, software and reliability.
Below is summary of what most traders will consider when they are choosing which binary options broker to go with.