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There have been a lot of changes in the binary options trading industry in the last few years. Many brokers with low liquidity or shady practices were swiped off the scene and we now have more flexible and potentially more profitable online trading opportunities. Let's take a look at some of the best binary options brokers in 2023 ...

Free Binary Options Demo

If you want to get the feel of how binary options trading works, there's no need to invest any money or even register on Spectre treding platform. You can try out the demo trading on a $10.000 virtual funds account in one click:

Where and how do I trade in 2023?

The big players in the binary options industry have since 2019 adhered to the new regulation rules. This means that they introduced new models of trading which are available on many trusted platforms.

Unfortunately, most regulated brokers have blocked EU and USA residents from using binary options as the trading instrument of their preference. Some brokers have transformed to other regulated types of trading, such as CFD or Forex, and others kept binary options only as a choice for non-EU or non-USA residents.

Nevertheless, there are still excellent possibilities to trade binaries regardless of where you reside.

The best two reliable broker choices in 2023 are the following:


Hey, this is actually me sitting in front of my trading station ;)

  • FX Options is a trading instrument which offers short time frame trading, similar to binary options, however there's a big advantage. While your potential return is unlimited, the loss in confined to the initial trade investment.
  • CFDs, also known as 'Contracts for Difference' is an EU regulated type of trading derivates in financial markets (stocks, shares, currency pairs, commodities and indices). Winnings and losses are calculated based on the price change of the traded underlying asset and trading is possible in both directions (buy or sell).
  • Forex is a classic (buy or sell) trading, based on prediction of the price movement of the currency pairs. Custom leverage or multiplier can be used in order for the trader to control his risk and profit potential.
  • Smart Options offer the closest alternative to binary options with fixed returns on winning and losing trades. Smart options are based on Ethereum blockchain smart contracts and payouts can be immediately retrieved to your digital wallet.
  • Cryptocurrencies can be traded through different instruments, so you actually don't have to buy and sell cryptos on exchange markets. Instruments such as CFD's or Smart Options can be utilized for much easier and potentially more profitable gains from the cryptocurrency movements.

Featured Content & Topics ...

My Binary Options Tutorials, Tips, Videos and Reviews

Read about things I have learned, tried out and tested. Learn from my mistakes and experience and save yourself the trouble from getting tricked and trapped by false promises or fake trading products. Avoid making beginner mistakes and follow the correct path in order to achieve long-term profitability with binary options trading.

My Trading Services and Other Resources

In course of dealing with binary options trading I have come up with many different trading strategies. I also developed hundreds of my own indicators for assistance when trading these strategies. I have shaped a few strategies which could be completely automated (algorithms) into two trading services of my own: robot and signals.

Real Binary Options Robot

Take a look at my automated trading solution(s) and copy my algorithmic robot or a live 'pro' trader profile.

Real Binary Options Signals

Try out my 'Real Binary Options Signals' service absolutely for free for 2 weeks.

Trading Indicators Alerters

Download my custom binary options alert indicators for Metatrader 4 (MT4) trading platform.

My Custom Strategy Development Solutions

In order to approach trading systematically, I had to develop my own strategy analysis and money management tools, various custom indicators, and other solutions for automated and semi-automated trading. I decided to offer my knowledge and expertise in this area to anyone who is interested in the development of their own trading strategies and trading automation as well as signals and/or robots services.

Custom Strategy Indicators

I can build an indicator from combination of standard or custom indicators based on your own signal rules.

Strategy Analysis and Optimization

I can make a complete automated historical analysis of your strategy and help you optimize it.

Strategy Automation

I can automate your strategy and build a robot, so it can be traded with almost any binary options broker.