Forex brokers with binary options service offer the alternatives to trade binary options in a profitable and regulated trading environment.

One of the most famous financial instruments traded in binary options is forex. With trading hours available for 24/5 a week forex has become an attractive trading instrument among traders. Hence, it's no wonder that other than stocks, forex is now considered as one of the top assets when talking about binary options trading.

For those searching for brokers to trade forex binary options, the choices are not limited to binary options oriented brokers whose developments are unfortunately still far behind the forex brokers. Regulation issue is the major cause of this condition, as there hasn't been any proper regulation concerning with binary options trading. The only official legalization comes from CySEC, an offshore financial regulatory agency located in the Republic of Cyprus. This regulator is the first one to recognize binary options as regulated financial instruments. This makes CySEC as the only form of regulation considered official in binary options trading. This is highly in contrast with forex brokers, since forex trading has been regulated officially by more financial regulatory agencies. In addition, many forex brokers are registered earlier than most of binary options brokers, making them look more trustworthy than newer binary options brokers.

To provide their clients with the best service, forex brokers keep developing their trading systems and facilities. Introducing binary options trading and platform has become a trend since there are a lot of traders begin to take an interest in binary options trading. For traders wanting to trade forex binary options in well-known brokers, registering in forex brokers providing binary options trading can be a brilliant solution as long as they can manage with the trading conditions.

 

Advantages of Binary Options Trading in Forex Brokers

Although it's initially provided for traders who look for trading alternative, binary options feature in forex broker has generated other advantages. Aside from easier registration process and familiar trading environment, the following points can be considered as benefits of  choosing a forex broker as binary options provider:

1. Regulation assurance from parent broker

Unlike forex, binary options trading is not specifically regulated by most of high-profile financial regulatory agencies. By trading in a forex broker, traders can be more assured by the parent broker's regulation. The more stable and promising regulation for forex brokers grants safer trading environment. Consequently, trading binary options in a well-regulated forex broker is a good option for traders who want to trade safely.

2. Free and unlimited demo accounts

Demo accounts are not quite familiar in binary options trading, as there are only few brokers offering this feature. In contrast, demo account is more like an obligatory feature provided by forex brokers. Forex traders tend to prefer brokers with demo accounts, so that they can learn how to trade endlessly without having to worry about risks.

Demo accounts are usually given in free and unlimited conditions by forex brokers, even if it's for binary options trading. It's sometimes related to their trading platform, which automatically enable demo accounts, or due to brokers' commitment to maintain their service quality.

3. Access to other broker features

The increased competition of forex brokers lead to a lot of advancements for trading service and facilities. From trading signals to payment methods, forex brokers are certainly leading in serving trading features, both in quality and quantity. By registering an account in forex broker, you can obtain access to other broker service, that sometimes are rare to see in binary options brokers. For example, news updates and variable payment methods that range from wire transfer to e-payments are easier to find in forex brokers than in those reserved for binary options trading only.

To start trading binary options in a forex broker, traders can immediately apply for a binary options account in their forex brokers. Otherwise, they can start a quest in finding the best forex brokers with the most prominent binary options feature. Below is a list of forex brokers with established binary options brands and platforms:

 

1. InstaForex

InstaForex enables binary options trading through its Forex Options service. This feature is equipped with several instrument and currency choices such as forex, commodities, and CFDs for asset varieties and USD, EUR, RUB, US cents, and EUR cents for currency options. The requirements for investment size are set in accordance with the currency type.

broker instaforex

For trading types, InstaForex furnishes its Forex Options service with Intraday Options and Expiry Options. Both options are time-oriented, so the two options' differences come from expiry time limitations. Intraday options is set with the minimum 1 minute expiry time and maximum 1 day expiry time, while traders using Expiry options can hold their options for as long as 2 weeks. Furthermore, Forex Options traders are able to try this kind of trade in demo account by activating options trading in their demo platform. To access this feature, traders need to register for an InstaForex demo account first.

 

2. HotForex

HotForex has separatedly launched its OptionTrade to provide its clients with binary options service. This feature is enabled with approximately 200 trading instrument choices and is regulated by CySEC. Demo account is offered independently from forex trading platform in its parent broker, HotForex.

hotforex

There are account types classification to help OptionTrade clients trade according to their capability in funding their account and investment size. With services like education materials, CySEC regulation, and payout that ranges from 83% to 88%, traders can experience real binary options trading in a well-known broker and safe trading environment.

 

3. ETX Capital

ETX Capital is one of FCA regulated brokers, whose liquidity providers consist of renowned banks in UK and Germany. This broker offers a binary options trading feature through its special platform named ETX Binary. There's a brief introduction to binary options trading and its types in ETX Capital's official site.

Traders can register their account in ETX Capital and choose ETX Binary platform to begin binary options trading in this broker.
The instrument choices range from equities, commodities, forex, and indices. The available payouts can go from 65% to 81%, based on what instrument and trading types used in one option. As a binary options platform supported directly by its main broker, ETX Binary is also available in mobile phones and tablets. There's also an ETX Binary Potential Payout calculator to count the possible payout made by a certain number of investment. This feature enables binary options traders to get the probable profit and payout before making an investment.

 

4. NordFX

NordFX has just launched its binary options brand which is available in its exclusive site, NordFX Binary Options. This broker can be an interesting choice especially for newbies since it allows minimum deposit as low as $1. In spot forex, a $1 deposit may be a common feature among brokers, as there are a lot of brokers offering micro account with a $1 minimum deposit. However, the majority of binary options brokers limit their minimum deposit to hundreds of dollars. There are some who offer tens of dollars, but it's still considered high for newbie traders who want to trade with low risks.

Unfortunately, some of learning materials are not accessible to non-clients. Therefore, traders may need to register for a binary options account to acquire the whole learning materials of binary options trading in this broker. Moreover, live price quotes from trading instruments displayed in the main page are powered by Reuters. There's no definite payout range, but the general profit rate can vary from 70% to 85%.

 

5. Alpari

Alpari launched its binary options service that was meant to provide its traders with an easier form of trading. This broker has done some important changes in its binary platform and minimum deposit. Previously, Alpari used platform trading from Marketspulse with the concept of OptionTrader. However, it was changed into another platform with different interfaces and new additional trading types. The current platform, Binary Trader, offers new trading types like touch, range, and spread options.

alpari

Alpari lowered its minimum deposit, to become two times smaller than the previous requirement. Other advantages of binary options trading in this broker include high payouts up to 95% and the availability of free demo account. With all of the good traits above, the only downsides seem to be limited instrument choices and restricted trading times.

 

6. Hirose

Lion Binary Options is the name of binary service from Hirose. This broker has its own trading platform and provides free demo account from novice traders. Unlike other binary options brokers that put high importance in trading type and instrument ranges, Lion Binary Options opts to highlight simplicity in trading. There are only 4 assets available from Forex category, which are pairs of USD/JPY, EUR/USD, GBP/USD, and AUD/USD. High/Low is the only trading type used in this broker's platform.


There are some advantages even if the platform seems simple. The generated payouts can be as high as 90%, and there is an early closure option to limit risks when traders are sure that their option is going to be out-of-the-money. The homepage of this broker is also equipped with detail information about trading instructions using its platform. In general, newbies can trade with Lion Binary Options, or try its demo platform to learn trading in a simple and easy way.

In conclusion, trading binary options in forex brokers is not just another option to be considered when trading in one of them. In fact, traders can purposefully choose to trade binary options in one of forex brokers by directly open a binary options account, or trade in its binary options platform. It is due to the fact that regulation and access to other broker service make binary options trading easier. Besides, traders don't need to worry about the quality of binary options service coming from forex brokers.