Best Binary Brokers in Canada

UPDATE Please note that due to changes in Canadian legislation, some of the brokers mentioned below may not be available to Canadian clients anymore.

Best Binary Brokers In Canada

Best Binary Brokers In Canada

If you’re from Canada and want to trade binary options, you have plenty of ways to do so. However, as with everything else in life, there are better and worse ways to do things. We are here to provide you with some advice on choosing your broker, as this is probably the most important step in your trading career. Choosing the right broker means choosing the right business partner, and if you’re not careful, you could end up giving your money to a scam company, meaning you’d quickly lose every last cent. Therefore, allow us to introduce to you some of the best binary brokers in Canada. Once you get to know them, you will be able to make your choice without too much trouble. With these companies, you simply cannot go wrong. Read on!

Best binary brokers in Canada | Tropical Trade

We’ll start our examination of the best binary brokers in Canada with Tropical Trade. This fairly new brokerage is doing its best to become a well known brand in the industry, and we must say they are doing a very good job so far. They have a very good platform based on Panda software, so you don’t ever have to worry about its performance, and there are several very interesting account types with lots of equipment.

Tropical Trade Classic Option

Tropical Trade Classic Option

The company’s minimum deposit requirement is set to $200, a bit lower than the industry’s average, and you get a welcome bonus when you make your first deposit. The bonus can be as high as 100%, so you can effectively double your trading funds immediately. In addition to all these features, Tropical Trade also accepts traders from the United States, meaning it has passed all rigorous safety tests over there. For a new broker, this is really impressive. But we have more information about this company elsewhere on this website, so be sure to investigate them thoroughly.


Best binary brokers in Canada | BinaryBook

Next on our list of best binary brokers in Canada is BinaryBook. Established in 2013, this broker is no longer a rookie and knows full well what its clients need. Great trading platform powered by SpotOption software offers numerous trading possibilities, so if you want to experience everything binary options industry has to offer, this may very well be the broker for you. Eight different trading modes, along with Double-Up and Rollover features, are the best guarantee you will be trading here for a very long time.

BinaryBook Short Term Option

Minimum deposit required here is slightly higher, though, but for $250 you also get a welcome bonus of up to 100% here. On top of that, all traders can receive additional bonuses if they refer their friends to this broker, which is a pretty fun and efficient way of attracting new clients. If you’re a Muslim, you’ll be happy to know that this broker offers a special Islamic trading account, in full accordance with the Sharia law. Again, we have many articles dedicated to this particular company, so feel free to check them out.


Best binary brokers in Canada | TradEqual

If you want a slightly different approach to binary options trading, TradEqual is the broker for you. With this broker, you can create your own binary options and list them on the broker’s trading page. The social aspect of this kind of trading is very important with this broker, as you are able to communicate with other traders in a live chat room. Don’t worry; there is a demo account here to help you with getting used to this new approach to trading. However, once you grasp the general idea, you will see that this kind of trading offers a chance for bigger profits than many other brokers do.

TradEqual Writing Put Option

TradEqual Writing Put Option

Since other traders also create options, they also strive to give out very attractive deals, so that their offer can be listed high and be visible to everyone else. If you manage to get in on the action, you could end up with some pretty large returns on your investments. Learn all about this revolutionary broker from our articles and prepare yourself for a unique trading experience because this is also one of the best binary brokers in Canada. 


Best binary brokers in Canada | 365BinaryOption

Last, but by no means least, we have 365BinaryOption. This broker’s main strength are its numerous trading tools which allow you to keep track of various assets and carefully monitor their price movements. You can expect a welcome bonus here, too, but what is even more interesting is the fact that some account tiers (starting with Silver and higher) give you a fixed percentage of return on every trade. This feature is quite rare in the binary options world, so we really have to mention it.

365binaryoption Trading Platform

Only $200 is needed to start trading here, plus you can enjoy a very detailed education center where you will find everything you need to know to become an expert trader. On top of all that, the customer support is very quick and efficient, so you know somebody has got your back whenever you decide to trade here. All in all, this company also belongs among the best binary brokers in Canada – they have a very well rounded up offer, with plenty of interesting features. Trading here is also very safe, just as is the case with all other brokers in this article. Explore their offer thoroughly and make your choice.


Best binary brokers in Canada | Conclusion

So there you have it. These four are the best binary brokers in Canada and cover everything a trader could want from this type of trading. Whether you want a new company eager to prove itself on the market, a more experienced broker with a great trading platform, a completely different trading experience or simply a very versatile business partner, you can’t go wrong if you decide to open an account with one of these. Like we said, they are the best binary brokers in Canada. Binary options business is experiencing an expansion in Canada these days, so grab your chance and start trading right now. All you need is a cool head and a reliable partner. Good luck!   



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Author: Ben Prescott

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