Expert Investor
4,3 8 7,6 8 4
Investors served since 2012
Author: Robert Sammut
Trading Coach
Robert Sammut

Bonuses And Incentives

Let's be honest, if you are looking to open an account and start trading today why wouldn't you want to take advantage of the best bonus on offer to increase your potential profits and give yourself extra cash to trade with? With brokers offering an array of different deals, it can be confusing to know which one you should choose and why.

With the trading marketplace being hugely competitive, many brokers are competing for their share of the market and trying to entice you in. Not only do they want you to trade with them but, they want you to keep coming back and so, nearly all regulated binary options brokers offer attractive bonuses.

How do you find them? Well, we have done the hard work for you and can share our extensive research and findings to help make your decision a less complicated one. Our experienced team have looked at what the market has to offer and drilled deep into each site to come up with a list of trusted brokers.

Top Rated Options Sites

#1 - Pocket Option: Best Overall

Pocket Option Logo
9.8
Superb
Bonus Up-to $2000 Assets 130+
Min. Trade $1 *Payout % 92.76%
Over 130+ assets to trade now
Instant access to social trading
Single account option, for everyone
Tournament with prize of $50,000
IFMRRC is not an official regulator
Limited account funding methods
Deposit Methods
AMEX Bitcoin PayPal Skrill
168 visited this site today
Pocket Option Review

Editors Summary

Pocket Option offers many excellent features to new and existing traders. When you check-out the various account types, you will see that they work with traders of any level – newbie, beginner, experienced, master etc. This site is so easy to use, and while CySEC does not license them, they have good feedback online and tick all of the boxes of a trusted broker. We love the ease of use and no-frills approach which is replicated with a great user experience.

#2 - IQcent: Best Free Demo

IQcent Logo
9.3
Excellent
Bonus Up-to $1600 Assets 150+
Min. Trade $1 *Payout % 91.48%
Over 150+ assets to trade now
Account options for every trader
Trading available 7 days a week
Super-fast 1 day withdrawals
Demo account has less features
UK-based, but licensed offshore
Deposit Methods
Bitcoin Klarna PayPal MasterCard
93 visited this site today

Editors Summary

It is clear to see that IQcent mean business and that their all-around offering to traders is making them a serious competitor in the digital options market place. From their easy to use trading platform to the fact that they offer such good withdrawal terms, you can't help but feel that this broker is going to capture the market, quickly. With a base in London, reputable licensing, an acceptance of US customers they tick all the boxes when it comes what traders want.

#3 - Raceoption: Best Mobile App

Raceoption Logo
9.1
Very Good
Bonus Up-to $1000 Assets 140+
Min. Trade $1 *Payout % 89.72%
Over 140+ assets to trade now
Bespoke platform for PC and mobile
Low min deposit of $0.10 per trade
Great support in multiple languages
Platform not suited to pro traders
No free demo account option
Deposit Methods
Visa Klarna Neteller Skrill
40 visited this site today
Raceoption Review

Editors Summary

Raceoption, while a relatively new broker, tick all of the boxes when it comes to trading. They are competitive and offer all of the things that you would expect. Benefits include an excellent mobile trading platform, welcome and deposit bonuses and a good support system. There are phone numbers available in many languages, alternatively, you can send a message with your details, and someone will get back to you.

Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Various Types of Bonuses

Bonuses

Binary options bonuses come in a variety of shapes and sizes. Here we show you the main types offered by many of the top brokers.

Welcome Bonus

New users that set up an account and make their first deposit will get a welcome bonus. Often the welcome bonus is the same as your initial deposit or a set figure. It is excellent for the first time trader because you can use the extra funds to gain some valuable experience.

Deposit Bonus

When you make a deposit this type of bonus is activated. Users won’t be offered a fixed sum because the premium is a percentage of the deposit. This type of reward is offered to both new and existing customers.

No Deposit Bonus

Quite simply it is what it says, a no deposit bonus. No deposit bonuses are very popular with newer traders in that there is no financial risk. You register an account and get free money to trade. The broker hopes that once you try it out and enjoy the experience, you will want to continue trading and will make a further deposit so you can increase your scope.

Mobile Bonus

In this fast moving technologically advancing industry the race to keep up with the pace of the market means that most brokers now have developed a mobile offering that includes a responsive mobile site and an app. To ensure that use of these trading methods is taken up some brokers offer incentives to customers who trade using the mobile applications.

Alongside these popular options are also loyalty schemes, referral bonuses, retention and re-activation bonuses. All are intended to provide an incentive to attract new customers and keep them coming back to trade.

How a Bonus Helps You

Todays Top Traders
Trader Broker Asset Profit

Quite simply the best binary options bonus will help everyone from the novice to the seasoned professional when it comes to trading. Ok so it won't give you a magic crystal ball to predict the outcome, but it does give you a very nice cushion of added money to trade. If you deposit $250 and play with 250 dollars at $2 per trade that's 125 trades. While that is a fair amount of trades imagine how much experience you will gain with double that amount. If you are new to binary options trading, you could use the free 250 dollars to practise with before you start risking your own money.

Once you start trading for the first time or even in a new market, you may make mistakes and make the wrong choices. Once you get used to the site and get more confident in what you are doing the mistakes you make will be less, and you will start to get used to what you are doing.

Now that's not saying that you will be successful every time but making mistakes is ok especially if you have a bonus to fall back on. Making mistakes with the bonus means that when it comes to spending the real money, you should have got most of the beginner mistakes out of the way. We all know that from mistakes come successes, so it's not a bad thing to make them early on.

Bonus cash is excellent to have if you want to experience trading in new markets. You may have experience of dealing in stock but fancy your hand at currency. You can use your own money to do what you know and use the bonus money to experiment in a new market. The only real exclusion is tournaments; in most cases, you can't use bonuses to stake your entry fee there. However, by strategically using your free money to get the new experience you are opening yourself up to a whole new potential profit stream.

What is The Perfect Bonus

The type of bonus you should be looking for depends on you, the individual and your experience when it comes to trading. As discussed above there are many different types of binary options bonuses on offer but which should you be looking for and what makes the perfect offer for you?

  • For new traders, the no deposit, welcome bonus allows you to get familiar with the platform and practise trading with real money rather than the virtual funds of a demo account. The money is yours, and the winnings are yours
  • If you want to try trading in different assets or different markets any bonus funds are great for no risk trading
  • Placing different trades - If you are already using a platform but making a new deposit, the deposit bonus can be applied to try new types of trades other than the usual call/put options
  • Use a deposit bonus to try a new trading strategy without risking your funds
  • Using any bonus successfully will help you to increase your account balance
  • If you are switching platforms a no deposit bonus will allow you to test a different trading experience. A mobile bonus will help you to try a different method of trading using a mobile app rather than a web-based platform

The deal that you choose will largely depend on your experience. If you are more comfortable placing an initial deposit, then a welcome deposit match deal is a great way to get experience and get used to trading. If you prefer to try a broker without spending your own money then a no deposit bonus, while it is matched lower than a deposit type, is still the perfect way to start.

Why wouldn't you want to take advantage of the best bonus on offer to increase your profit.

We Show You The Best Bonuses

We rate bonuses based on the findings of our extraordinarily talented and experienced team that know the online trading market inside out. We are dedicated to research the thousands of binary options broker bonus deals to bring you the very best in our comparison web guide.

We continually carry out extensive research, and our knowledge is both accurate and up to date. We work hard to uncover the critical types of bonuses and who offers what. We can advise you on the best welcome bonus if you are opening a new account or the best deposit match bonus for established traders.

We build our conclusions using many different criteria and our time is spent doing the hard work for you. Whether you want to open a new account or add additional free cash to an existing one our evaluations will assist you in making the decision that is right for you.

Our Review Rating System (More Info)

10% 10% 10% 15% 15% 20% 20% Pie Core
  • Account Types
  • Banking & Payouts
  • Bonuses & Promotions
  • Mobile Trading
  • Trade Types
  • Special Features
  • Customer Support
Expert Reviews

Frequently Asked Questions

FAQ

What different types of bonuses can I get?

There are many types available, and they vary significantly from broker to broker. The most common are welcome bonuses where you receive either a deposit, matched deposit or no deposit bonus.

Can I withdraw a bonus for real money?

Binary trading bonuses come with terms attached. It is normal for a bonus to be held by the broker until you have to use the bonus a specific number of times.

Do I need a special code to claim a bonus?

Generally, you won’t need a voucher code to claim a bonus. If you are provided with a voucher code by a third party site for a particular broker, you will need to use it to be able to claim your reward.

Can I use my bonus to trade all assets?

It is usual for bonuses to be available to trade in all assets unless there are specific exclusions laid out by the broker. Most regulated, reputable brokers won't have such prohibitions though.

How do I use a bonus on a mobile or tablet?

Using a mobile or tablet should be no different to using a PC or Mac. You make your deposit, and the funds go into your account.

Top Rated Options Site

#1 - Pocket Option: Best Overall

Pocket Option Logo
9.8
Superb
Bonus Up-to $2000 Assets 130+
Min. Trade $1 *Payout % 92.76%
Over 130+ assets to trade now
Instant access to social trading
Single account option, for everyone
Tournament with prize of $50,000
IFMRRC is not an official regulator
Limited account funding methods
Deposit Methods
AMEX Klarna PaySafeCard Skrill
154 visited this site today
Pocket Option Review
Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Meet The Author
Robert Sammut
Robert Sammut
Trading Coach

Robert has consulted for our website for five years and is a well-established member of the team. While he is passionate about the site, most of Robert’s time is focused on his current position as CEO of a professional coaching company.

Related Pages