Binary.Com $10 bonus

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.

The different types of bonuses on offer what kind of bonus makes a good deal why you should be taking advantage now

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.

In this article, you will learn:

Top rated options sites

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

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.

I'll find you an awesome options site in seconds. Ready to go?

What type of device do you trade on?

What style of financial bonus suits you best?

How fast do you want to withdraw profits?

What amount are you thinking to deposit?

I'm checking 75+ sites to find your best match.

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.

How a bonus helps you

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.

Binary.Com – $/€/£10 no deposit bonus

Binary.Com

Promotion name: free $/€/£10 bonus

Bonus amount: 10 USD/EUR/GBP

How to get:
1. Sign up for a free account.
2. Upgrade it to a real money account to receive a free $/€/£10 bonus.

Information about the broker:
binary investments (europe) ltd. Is licensed and regulated by the malta financial services authority.

Promotion valid: the promotion is over.

Do you recommend this promotion?

What’s new?

Atlasforex – bonus campaign

Tiomarkets – $25 no deposit bonus

Larson&holz – monthly traders’ contest

Hotforex – 100% credit bonus

Freshforex – drawdown bonus 101%

3 COMMENTS

Everything in that platform is super designed for you to loose money… those volatility index are scam

Binary.Com $20 no deposit bonus

Rating 4 / 5

Why binary.Com no deposit bonus?

Because no deposit bonus is a risk-free start of forex trading. No deposit of real money is required from your side. If you make a profit it will come in your pocket. In case you lose bonus, you lose nothing from your pocket.

Enjoy this $20 bonus today by binary.Com.

Link: $20 no deposit bonus by binary.Com

Available for: everyone

Bonus amount: $20

Last date: all year 2021

Short description:

Start your binary trading on the real account without any investments. No deposit of funds is required for this promotion. This promotion is not available for european and UK citizens.

About binary.Com:

Start your trading with as low as $1 and win up to $50,000 by binary trading. Choose your desired trading duration from 10sec to 365 days(1 year). Deposit and withdraw your funds via multiple payment processors. No hidden charges or fees by the broker. Trade with the leader and award-winning broker binary.Com. Their services are regulated by the FSA and vanuatu financial services commission.

How to get:

To get your $20 bonus you need to:

Open a real account with binary.Com.

Verify your account.

Receive your $20 no deposit forex bonus upon approval.

Withdrawal:

Bonus funds and profits made over the bonus are withdrawable after fulfilling the required trading conditions. Bonus.Com reserves the right to change this promotion anytime without any notification.

Important thing's to check before selecting any no deposit bonus:

Any kind of deposit before trading or after trading is required or not?

Are you and your country eligible for this binary.Com $20 no deposit bonus promotion?

Does the bonus offering company binary.Com is "regulated" by one or more regulatory authorities or not?

If the withdrawal requirements are not easy to meet, then we may display a notice to let you know that the profit withdrawal process is not easy.

Take help from review comments shared below by other traders. Don't forget to share your positive or negative reviews about the bonus offer to help others.

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Binary no deposit bonus

Binary options no deposit bonus is risk free joining bonus offer and provide binary options broker to open a new account with them. This bonuses always come with some terms and conditions, and you need any deposit to get this type of bonus.

A no deposit bonus will usually require a rather large turnover before any funds could be removed, and this demand will normally have to be fulfilled in a brief period of time.

A binary options no deposit bonus terms and conditions say it is different from demo account but you canвђ™t withdraw the bonus amount but it is a live account. After trading with bonus, sometimes it available to withdraw, even there may be no option to withdraw, you have to deposit.

This sort of bonus is really awesome, beginners love to get it. This permits traders to utilize the live account trading with the good trading platform, advantage is there is no risk.

How to get the no deposit bonuses?

Getting binary options no deposit bonus is very simple:

Find out the broker who providing no deposit bonus

Verify your account if required to get bonus

The broker will give you a welcome bonus

Generally, it process instantly but it can take a couple of hours. Anyhow, if you donвђ™t get bonus, you may contact the broker support.

Before joining with a broke and take a bonus, make sure to read the bonus terms and conditions carefully to take it perfectly also avoid to scam.

General terms and conditions

Before taking a binary options no deposit bonus, read terms and conditions, is intelligent work and an important. There are some particular issues that traders should know about when comparing bonuses. We reviewed a lot of free binary options bonus and get some common things. Here we make a short list with a few facts to look out for when choosing this bonus:

Withdrawal limitations вђ“ one of the most common and major issue. In most cases broker donвђ™t give permission to withdraw the bonus.

Deposit issue вђ“ you will see there are a number of broker offering a bonus with deposit conditions, you will receive the bonus but after deposit some amount you will able to trade with it.

Minimum trade вђ“ broker offer bonus with this condition. You have to trade at least вђ¦ lot.

Trading platform вђ“ it is the most important thing to successfully complete a trade. But broker doesnвђ™t provide all trading platform to choose one for you, generally, they offered with the fixed trading platform.

Binary options no deposit bonus working strategy

The binary options no deposit bonus is really simple, it is a risk free bonus from binary brokers that traders can get only via a confirmed registration on a binary trading broker website. The method is an easy and risk-free for traders, and an ideal way to start live trading, meaning that a change for traders concerning risk/reward ratio.В

Usually, the bonus is credited into an account after verify any utility document.

How to find the best binary options bonus

First, think already you understood you need to check first the bonus terms and conditions cause a big bonus with restrictive terms just worthless and the bonus just a number. Now look on the broker regulation and reputation. Look on the bonus, itвђ™s feet with your trading styles or not.

Where to find the best binary bonus

If you want to learn binary options trading and want to best binary options bonus update from global broker our website fxnewsbonus.Com is the best place for you. Here on our website, you will find various no deposit bonuses that start from $5 to $1500.

Advantages and disadvantages of binary options no deposit bonus

Just like all kinds of binary options broker offering no deposit bonus, you can find advantage and disadvantages in this type of no deposit bonus. These should be help you to join with binary options trading and take bonus.

Advantages

A no deposit bonus efficiently provides you with a free chance to start real trading without risk. Irrespective of how restrictive the trading conditions might be, this is a superb chance to find out more about the binary trading market.

The capacity to understand and experiment: there are lots of similarities between the binary options demo trading and no deposit bonus. You have exactly the identical capability to encounter live market trading requirements in no risk, letting you develop your own trading techniques without risk and pressure.В

Disadvantages

Highly restrictive requirements and conditions: binary options trading no deposit bonus could be restrictive for terms and conditions, cause broker offer bonus with highly challenging conditions. It is the reason you'll have to thoroughly analyze the conditions before involve with a specific binary broker and bonus.

Withdraw reason: it is the major things, binary brokers give no deposit binary bonus offers to withdraw conditions, the withdraw have to complete within an unreasonably short time period, or requiring unrealistic turnover rates of up to 10-20 times the bonus amount before gains could be removed.

Downward popularity: the binary options trading going downward, this is the why the use of no deposit binary options bonuses has mostly been on the decrease from leading binary trading brokers and binary traders are also turning away from it.

In the end, the binary options no deposit bonus may be a positive thing, provided that the trading requirements are somewhat positive, or achievable for you.В

Conclusion

Generally, the binary options no deposit bonus very best approach to begin the risk-free live trading. In cases like this, some binary broker provides risk and deposit free bonuses to check their trading platform and other things. The bonus is especially for a newbie, get all update here.

Binary.Com – $/€/£10 no deposit bonus

Binary.Com

Promotion name: free $/€/£10 bonus

Bonus amount: 10 USD/EUR/GBP

How to get:
1. Sign up for a free account.
2. Upgrade it to a real money account to receive a free $/€/£10 bonus.

Information about the broker:
binary investments (europe) ltd. Is licensed and regulated by the malta financial services authority.

Promotion valid: the promotion is over.

Do you recommend this promotion?

What’s new?

Atlasforex – bonus campaign

Tiomarkets – $25 no deposit bonus

Larson&holz – monthly traders’ contest

Hotforex – 100% credit bonus

Freshforex – drawdown bonus 101%

3 COMMENTS

Everything in that platform is super designed for you to loose money… those volatility index are scam

Binary.Com review

Overview

Last binary.Com review update: 12th january 2017 binary.Com (formerly known as betonmarkets.Com) was founded in 1999 to make binary options easily available to ordinary investors worldwide. Before binary.Com developed their… more

Broker details

broker	binary.Com
website URL	www.Binary.Com
founded	1999
headquarters	isle of man ( great britain ) , malta ( european union )
support number	0800 011 9847 (toll free )
support types	phone , email , live chat
languages	english , português , español , deutsch , français , italiano , bahasa indonesia , polish , russian , chinese
trading platform	web, app ( ios and android), metatrader 5, binary webtrader, binary nextgen and binarybot
minimum 1st deposit	$5
minimum account size	$5
minimum trade amount	$1
promotions	free $10 bonus *. No deposit required.
Payout	91%
free demo account	open demo
regulated
regulation	authorised and regulated by MFSA, FFAJ, MGA, UK gambling commission, VFSC
deposit methods	credit cards , debit cards , wire transfer , skrill , neteller , okpay, webmoney , monetaau , qiwi , paysafecard
withdrawal methods	credit cards , debit cards , wire transfer , skrill , neteller , okpay, webmoney , monetaau , qiwi , paysafecard
number of assets	115
type of investments	currencies, indices, OTC stocks, commodities and volatility indices
US traders allowed
mobile trading
tablet trading
overall score	4.8

Binary options pioneer (est. 1999)

Free $10 bonus *. No deposit required

Award-winning broker

US$5 minimum deposit

Start trading from US$1 per contract

Payout up to US$50,000

Over 100 assets available to trade

Free virtual account

Easy-to-use platform

Wide range of deposit and withdrawal methods

Does not accept traders from the U.S.

Volatility indices are not available in germany, france, spain, singapore, australia, italy, greece, and luxembourg.

Full review

Last binary.Com review update: 12th january 2017

Binary.Com (formerly known as betonmarkets.Com) was founded in 1999 to make binary options easily available to ordinary investors worldwide. Before binary.Com developed their patented financial trading technology, binary options were typically traded in large quantities by big banks and hedge funds.

Binary.Com is well-known for their commitment to high ethical standards and the quality of their trading platform. They are a licensed and regulated platform that serves over 1,000,000 customers globally.

At present, they are regulated by the:

Malta gaming authority (licence number MGA/CL2/118/2000)

Malta financial services authority (license number IS/70156)

UK gambling commission

Gambling supervision commission in the isle of man (current online gambling licence granted on 31 august 2012)

With an excellent track record since 1999, you can rest assured that they won’t disappear overnight. They also segregate and hold client funds in secure AAA-rated banks, so you know your deposits and winnings are always safe.

They are also one of the most innovative binary options trading platforms around. Over the years, they have added new features, new products/assets,and revamped its platform several times to give its customers the best trading experience possible. In 2015, they launched a new trading interface, two new charting applications, three new forex pairs, smart indices, spread contracts, enhanced security measures, and more –– all in just one year!

Trading platform

Binary.Com’s trading platform is fully web-based, meaning no software downloads are necessary. If you’ve ever used any other trading platform, you’ll definitely notice binary.Com’s exceptional speed, stability, and ease-of-use. Speaking of speed, you also get instant pricing updates whenever you adjust your trade limits so you know just how much you stand to win or lose every time. It shows that they’ve spent a lot of time thinking about the user experience and implementing it for their customers.

Apart from their intuitive interface, they also offer a charting feature which provides you with information on market movements to help you with your analysis. You can even take a tour of the platform, assisted by an interactive walkthrough guide that shows you the most important features and functions.

Binary.Com video

Mobile trading

There are two mobile apps that give you distinct trading experiences:

Next-gen (for web and mobile) that gives you advanced trading features

Tick trade for you to enjoy their fastest type of trading, wherever you are

Both apps are available on ios and android for free.

Assets offered

Binary.Com offers over 100 assets for you to trade, spread over five different markets: forex, indices, OTC stocks, commodities, and their proprietary volatility indices that simulate the volatility of market forces and that you can trade 24/7 –– even on weekends.

All major forex pairs are also available, giving you a wealth of choices based on your preferred trading strategy.

Types of accounts

Binary.Com offers a fully-functional demo account which they call a ‘virtual’ account. You can sign up for free, and test out the platform with US$10,000 of virtual currency before you decide to upgrade to a real account. All assets are available to trade, regardless of whether you’re using a virtual or real account.

Minimum deposit requirements, offered bonuses and promotions

To upgrade to a real account, you just need to place a minimum deposit of $5. Trading starts from as little as US$1-US$5 per contract.

Exclusive bonus

Free $10 bonus* .No deposit required.

Payout

You can enjoy a maximum payout of up to US$50,000. On simple rise/fall contracts, you can generate returns above 100%. On higher/lower and touch/no touch contracts, you can generate returns above 1000%.

Deposit and withdrawal methods

Binary.Com offers a wide range of deposit and withdrawal options, including credit and debit cards , bank wires, e-cash, and e-wallets.

Customer support

It’s available 24/7 with 12 languages available : english, spanish, portuguese, italian, french simplified chinese, traditional chinese, dutch, indonesian, vietnamese, arabic, polish and russian.

Bonuses and incentives

In this article, you will learn:

Top rated options sites

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

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

Deposit bonus

No deposit bonus

Mobile bonus

I'll find you an awesome options site in seconds. Ready to go?

What type of device do you trade on?

What style of financial bonus suits you best?

How fast do you want to withdraw profits?

What amount are you thinking to deposit?

I'm checking 75+ sites to find your best match.

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.

How a bonus helps you

Binary options bonus

A binary options bonus can provide you with extra money to trade with, sometimes for free with no deposit, but more often as an added percentage of whatever amount you deposit to your account (A ‘deposit match’ bonus).

Binary options brokers are always keen to attract new traders. One of the main methods for gaining new custom is to offer a bonus. These can come in many forms, from the simple deposit bonus or risk free trades, to more complex packages of training aids and hi-tech gadgets – brokers know how to entice traders, new and old.

Here we list and compare all bonuses 2021 and explain the key points to ensuring that any bonus taken is a genuine benefit and does not become a source of frustration. We explore some of the common types of bonus, and when the right time to take it might be. We also discuss some of the pitfalls, and why all that glitters, may not be gold.

Top bonuses 2021 for traders in the united kingdom

What are binary options trading bonuses?

A binary options bonus is an offer from a broker, designed to provide the trader with additional funds to trade with or to mitigate losses should a trade go wrong. Normally the offer is in the form of a welcome bonus, or a sign up offer as it is sometimes also called. Welcome offers are of course also an incentive for new clients to join that particular broker.

They come in a variety of forms, for example:

No deposit bonus

Deposit match

Risk free trade

Education material

Hardware or prizes

The bonuses will always come with terms and conditions. These terms are the most important aspects of comparing a bonus. A smaller ‘no strings’ bonus for example, might be much more attractive than a larger bonus that has some very restrictive terms and conditions.

Welcome bonus example

Let us take an example. The most common form of bonus is the ‘deposit match’. Here, when a new trader opens an account, their first deposit will trigger a bonus. This is normally a percentage of the deposit. So assuming the deposit was a 50% bonus deal:

A trader makes a deposit of $200

A bonus of 50% (in this case $100) would be added to their account

If the deposit match bonus figures was 100%, the same trader would get $200 in bonus funds.

Risk free trade

A risk free trade is another simple form of bonus. One attraction of the risk free bonus is that the terms are normally way less restrictive. A risk free trade gives the trader a chance to place a trade, knowing that if it loses, they do not lose any money from their account. If it wins, they keep the profits.

Some brokers will offer 3 or even 5 risk free trades, and they will all operate the same way. With more trades however, come more conditions. For example with one risk free trade, the broker is likely to pay out winnings as cash – immediately available for withdrawal. Where a broker offers more risk free trades, it becomes more likely that any winnings must be “turned over” (traded) a number of times before they can be withdrawn.

This is one of the reasons why when comparing bonuses, the terms are crucial. At the end of this page, we explore risk free trades in more detail, and explain why there is always some level of risk.

No deposit bonus

The ‘no deposit’ bonus is exactly what the name suggests – a bonus credited to an account without the need for an initial deposit. It is clearly an attractive option for a trader, but as explained above – reading the terms and conditions will be key. A no deposit bonus will generally require a very high turnover before any funds can be withdrawn, and this requirement will normally need to be met within a short space of time.

Given the terms and conditions are demanding, it becomes clear that a live account, with a ‘no deposit bonus’, will actually behave in much the same way as a demo account. The reason being, these bonus funds are unlikely to be withdrawn and are not “real money” until certain, strict, criteria have been met.

This type of bonus is also rare. It does not work that well for brokers, or traders. Recent months have seen a shift away from no deposit bonuses, into ‘risk free’ trades. This allows traders to use the live, real money platform, but place a handful of trades at no financial risk. Brokers now tend to offer either risk free trades, or deposit match bonus.

The best times to claim bonuses

The best time to claim a benefit is often not at the point of making the first deposit. With some brokers, the best course of action is to open an account with the minimum deposit – turning down any bonuses. Then after a period of trading, call the broker and negotiate a bonus directly with them, based on a larger deposit. This is particularly effective if there is a larger sum to be invested. The bigger the second deposit, the better any bonus terms will be.

If that seems too much trouble, then new traders should certainly research any potential bonus – and ensure it will work for them. Make sure any bonus conditions can be met comfortably – without having to change any trading habits. Pay specific attention to turnover requirements, and any time restrictions by which time the limits need to have been met.

Term and conditions

There are certain issues that traders should be aware of when comparing bonuses. All of these issues will normally be within the terms somewhere, so it is vital to check those. Here we will list some of the details to look out for when checking the small print of the bonus deal you have found:

Withdrawal restrictions – almost every bonus will have these. For example, are there turnover requirements to be met, and do they need to be met within a certain time? The bigger the deposit the more restrictive these will be. A $100 bonus that needs to be turned over 20 times, means $2000 worth of trading.

Is your deposit locked in? – there are forms of bonus which actually lock the initial deposit, as well as the deposit itself, so that nothing can be withdrawn until turnover requirements are met. These bonuses are thankfully rare – but put the trader at a huge advantage. Any broker using these sort of terms is best avoided entirely.

How is the bonus paid? – are bonus funds separate from your deposit? If so, this is usually better.

How are winnings paid with risk free trades? – are profits paid as cash into the account, or added as bonus funds (with their own terms and conditions to be met)

Finding the best offer

As we have covered, finding the ‘best’ binary options bonus is a case of delving into the terms and conditions. Only then can you judge if the bonus suits your trading style. A large bonus with restrictive terms could be worthless if those terms are not met without causing you to over trade. A small bonus, with few, if any, restrictions, could be a welcome boost to your trading funds. Biggest is not always best when it comes to bonuses.

Lastly, a high quality, reputable broker will make it easy for you to opt out of a bonus. Some will even allow you to cancel a bonus deal part way through. A broker pushing their bonuses on you could be seen as a red flag. If the bonus does not suit you, turn it down.

Why you may NOT want that deposit bonus

Deposit bonuses are a common feature of binary options brokers today, who use them as an attraction to get new traders to open and fund accounts. Who wouldn’t want some free money but the question is, is it really free? There are several reasons why bonuses are not as free as they seem and why you may not want to accept one.

Trade minimums – every bonus comes with a trade minimum. This a dollar amount you must reach before the bonus monies can be withdrawn from your account. The minimum is based on your original deposit and the bonus so if you deposit $2000 and get a 50% bonus the minimum will be based on $3000. On average the trading minimum will be between 20 and 30 times the total account value. We have seen some as low as 15 times and some as high as 40 or 50 times the total account value. This means that an account with a total value of $3000 will have to make trades totalling $45,000 before the bonus is yours. I like to trade 1% of my account at a time to ensure that no one trade can damage my account. In a $3,000 account that means making trades of $30 at a time, $45K divided by $30 is 1500 trades. Of course, you can make bigger trades in order to clear the minimum faster but that can also lead to catastrophic losses.

Time limits – some, but not all, deposit bonuses have a time limit. This is usually something like 30, 60 or 90 days. This means that you have to reach the trade minimum before the time limit is up before you can make a withdrawal. We do not want to imply that any of you are not able to turn $3,000 into $45,000 but consider your chances of doing that within 30 days. You might not like being forced into trading more than your budget or system allows. The time limit may be another reason to shoot for the stars, trading more often or with larger amounts than you normally would and adding risk to your portfolio.

Withdrawals – bonuses make withdrawing money from your account difficult. Some brokers, the shadier ones, will not let you withdraw any money until you meet the minimum trade limit. Brokers that do will not let you withdraw any part of the bonus or profits based on the bonus. In either case clauses in the terms will usually lead to you forfeiting the entire bonus and all profits with any withdrawal request prior to meeting the withdrawal requirements. If you trade your $3,000 account up to $10,000 or $15,000 you might want to take some out.

This broker (optionyard) says that bonuses can not be redeemed for cash value, very shady.

Free sign up bonus – A free $50 or $20 sign up bonus is not too uncommon these days. This is a “free” bonus you get when you sign up to an account and supposedly does not require a deposit. Except that it might. The only way to get the bonus could be to deposit money and then meet the bonus requirements. You may also get an additional deposit bonus on top of the sign up bonus, which means the bonus requirements could be quite high. Make sure to check what the case is with your preferred broker.

There is a reason why brokers continue to use bonuses as an incentive – they know that the average binary options trader is more likely to lose all of their money than to clear the bonus requirements. That is why the minimum requirements are so high and the time limits so short. In order to meet the minimum you will likely have to engage in risky trading behavior. Any time you are contemplating accepting a bonus be sure to read the terms of use and fully understand what it will take to clear the minimum. Like everything else in life not all brokers are the same and each will have different policies concerning the bonus and when and even if the bonus is really yours.

Bonuses are often applied to accounts automatically by the broker once they are funded so be wary of this an see if you can decline a bonus, should you want to, before you commit. In order to opt out you, the trader, are responsible for contacting their account representatives. Some brokers will also offer other bonuses from time to time so be sure to read the terms and conditions before accepting them.

The risk in “risk free” bonuses

There are hidden risks to risk free trading the average binary options trader is unaware of. Fortunately we can reveal what to look out for.

There are some obvious advantages to using the risk free trade, you won’t lose, but the fact remains there are some downsides to the equation that may make you think twice about using it. Following you will find a description of a few types of offers you may find and why they aren’t as risk “free” as advertised.

Free $50 offer or the no deposit bonus

Some brokers will give you a free $50 in order to get started trading. This sounds great and is potential way for a trader to take advantage of a broker for demo trading purposes. Of course, the $50 needs to be enough to make a trade or two.

To sweeten the deal some brokers will also let you know that it is possible to withdraw the $50 once you meet the trading minimum and volume requirements. This is not unusual in and of itself, bonuses come with terms. But beware of related “tie ins”. Minimum deposits are one requirement to unlock a withdrawal and this is true for the “no deposit bonus”. Sure you can get one. Sure you can withdraw it, but only after making a deposit. That deposit may also need to be way more than the original bonus.

Free demo or risk free trading

Some brokers offer free demos to potential clients with only an email address in return. Not something to be worried about, it’s OK for them to want to get your email in return for the free service.

What’s not OK is to advertise the free the demo and then require a deposit to get it, that’s bait and switch. The demo is free, if you deposit with us. Worse yet is that most brokers who use this tactic aren’t really giving you a demo account, they are tacking a “demo bonus” on top of your deposit and all the trimmings that go with it; volume minimums and cumbersome withdrawal requirements. We do not list brokers that operate like this, but it is worth being aware of.

Cash rebate programs

Cash rebate programs sound really nice don’t they? This usually requires a certain minimum deposit, a certain minimum maintenance balance and a trade volume. But here is what you need to know – some rebate programs give you money back only on your losses.

If you are a net loser on the month you get back some of your loss, if you are a net winner you get back nothing. The kicker is that if you are a net loser, you will have to make another deposit to maintain your balance requirement (where there is one). Some rebates don’t require a minimum balance, you have to lose all your money to get it.

Also remember that rebates are often paid as bonus funds – with their own set of terms. So they are often not that attractive after all.

The risk free trade

The absolute worst of the risk free offers is the out and out risk free trade. Some brokers will offer you risk free on your first, second and third trade. These will always come with a minimum deposit and usually an automatic bonus.

If there is no automatic bonus then the money that you would have lost turns into bonus money. Your balance is still the same, you made a risk free trade, you didn’t lose any money – or did you? The “real money” has turned into bonus funds – with terms attached about withdrawals. There is certainly some risk still involved.

Binary options bonus

The binary options bonus has been offered by a large number of brokers in the past and is often seen in two lights. It is either viewed as a nice chunk of free money that the trader can make use of or it is viewed as a way for the broker to tie the trader down and restrict withdrawals.

This also usually comes down to the knowledge that the trader has of the bonus being offered. Traders who take the time to read the terms & conditions and understand what they are accepting tend not to get caught up.

At the trading club, we know the ins and outs of broker bonus offers and have had to help a number of members who have been caught up in bonus disputes. Our overview below contains most of the information that we were able to gather on binary options bonuses.

What is a binary options bonus?

A binary options trading bonus is generally an offer from the broker to give you free money to trade with. This can vary according to a number of factors including the size, form and terms. The bonus is usually added to your trading account after a deposit and is sometimes seen as a nice buffer for the trader.

These bonuses are of course something that the brokers often compete on as they try to earn more clients. Indeed, it can be quite an effective way to get a new client over a competitor when your deposit bonus is larger than theirs.

However, binary option bonuses have taken a lot of criticism in recent months due to the factors that the client sometimes does not know. These include restrictions on trading volume, withdrawals and payment forms.

Indeed, this has raised the suspicion of a number of regulators as well as they have taken a deeper dive into the operations of some brokers and how they manipulate the bonus system. Like so much else in the industry, if the broker is dishonest and unregulated then the client is susceptible. Yet, when used responsibly by clients, a binary broker bonus can be advantageous.

Types of binary option bonuses

Just because something is not necessarily termed a bonus, this does not mean that it is not a bonus in substance. If the broker is going to give a new client something for free when they open an account with that broker then this is indeed a binary options bonus.

Some of these bonuses are more attractive for the client than others. Of course, what is really important before accepting any broker bonus is to make certain that you understand what the bonus entails.

Indeed, some brokers may offer a no strings attached bonus but these are usually few and far between. This is mainly because dishonest traders may use it as an opportunity to cash out free offers immediately.

% of deposit or “deposit match”

This is the traditional binary option bonus and is usually given as some free money to trade with according to some percentage of the deposit. This bonus is applied to the account after the trader has deposited his initial investment.

For example, assume that the broker has a policy of a 50% welcome bonus to the client. In this event, if the client was to deposit $250 with the broker, they would be entitle to request the 50% bonus is applied to their account. This would mean that they have an additional $125 which they are now entitle to trade with.

If the deposit was a 100% bonus then the trader would have got another $250 to trade with which would have meant $500 starting capital.

Risk free trades

As the name may suggest, a risk free trade allows the trader the opportunity to trade for a number of free trades on the broker. If the client loses the trade, then they have not lost any money. If the client wins the trade then they are entitle to the winnings. One can think of this in the same light as one would a free bet in sports betting.

This form of bonus is sometimes quite preferable for the trader. This is because the terms attached to the bonus are usually way less restrictive than deposit match types.

The number of risk free trades offered by the broker will vary but is usually between 2-5 risk free trades. Obviously, however many risk free trades that the trader is given increases the restrictiveness of the terms that are attached to these trades. The more risk free trades that the broker offers you the more likely it is that they will request some turnover requirement.

Binary options no deposit bonus

Unlike the other two bonuses above, the binary options no deposit bonus will be given to the client without any funds having being deposited. Obviously, for a number of traders this may be an attractive option as there may truly be no risk involved in taking it. This may indeed be true but like all the other bonuses, there are usually conditions attached.

These terms and conditions will limit any withdrawals until a large amount of turnover volume has been met. They will usually also require these terms to be met within a relatively short period of time before any withdrawal can be processed.

Binary option no deposit bonuses are also usually quite small and most are capped at $100. This means that it is unlikely that the trader will be making a large amount of money and being able to withdraw that easily in the near term. These are also quite rare these days as traders find it hard to distinguish between a live account with a no deposit bonus and a demo account.

Bonus terms and conditions

As mentioned, where the bonus usually loses some of its allure is when you are made aware of the terms and conditions that are attached to them. As with most things in life, reading the fine print can be one of the most effective ways to avoid being tripped up.

These terms and conditions usually have a few restrictions in some form that they apply. As you can see, broker terms can be quite restrictive and it is a good idea to read them thoroughly before you decide to invest money and take the bonus. Below is a sample of some bonus terms from the T&cs of a binary options broker. We have highlighted the important sections which give information on the bonuses.

These binary bonus conditions usually come in the form withdrawal restrictions and time limits. In the latter case, the broker requires the trader to meet the trading conditions within a certain time frame in order to even have the benefit of the bonus. In the former case, the funds cannot be withdrawn unless turnover conditions are met.

Trade volume

With this bonus restriction, clients are unable to withdraw the bonus or profits associated with it unless a certain minimum trading volume has been met. This is usually based on a volume requirement and is a multiple of either the bonus or the bonus plus the deposit.

In other words, if there was a 25 time turnover requirement on the bonus, you would have to trade 25 times the bonus in total volume before you could consider withdrawing. For example, if you deposited $250 and got a $250 bonus, you would need to hit trading volume of $6,250 before you were eligible to withdraw it. Of course if the terms stated that the turnover was on the initial deposit plus the bonus it would be based on the $500 which would mean a turnover of $12,500.

This trading volume number varies quite a bit and can be lenient with only 10x or something quite high being as much as 40 times. Although bonus terms may seem quite harsh at first, one needs to also consider that the trading volume includes winning and losing trades. Hence, if the trader is indeed doing well on the bonus money then this counts toward the turnover number.

Time requirements

Although less rare than trade volume restrictions, some brokers have time limits (or a combination of both). These usually require the trader to make a certain number of trades within a certain period of time. This could range from one month to three.

Although some traders may find that the time requirement is less stringent than the turnover one, this is sometimes misleading. This is because the time requirement forces the trader to place a certain amount of trades in a limited period of time. It forces them to change their trading strategy and this is not always the best outcome.

At least with the turnover requirement, the trader is not forced to complete these trades within a defined time period. The trader will only be trading in market conditions which they are certain will result in a more profitable outcome.

Deposit lockups

These are usually some of the most unreliable proposals that we have seen. It is usually also this type of restriction which trips up new traders and leaves them feeling scammed. With a deposit lockup, not only are you not allowed to withdraw the bonus and the winnings, but you are also not allowed to withdraw the initial deposit.

This means that until you have met your turnover requirement, you are not even allowed to withdraw the deposit. We have not found too many brokers who will do this but the less honest ones are sure to apply this type of bonus. This is because a deposit lockup bonus is for all intense and purposes, an opportunity for the broker to take the client’s initial deposit.

Why are there bonus restrictions?

Bonus terms really are an unfortunate by-product of receiving so called “free money”. Although traders can view them as a way in which the broker can tie them down to some degree, one can understand a brokers need for some degree of restrictions. Without them, there is no way for the broker to stop traders who request a bonus and then immediately withdrawing.

However, it is no secret that very strict requirements are a way in which the broker is able to ensure that the client will never meet the requirement. The client will keep trading for as long as they can to meet the requirement. If the broker is indeed dishonest, they will adjust this risk such that the client will eventually lose their entire deposit. We have covered this and a number of other binary option scams previously.

Binary options bonus regulations

Even though a trader should take responsibility for their own decisions when it comes to accepting a broker bonus, the regulatory agencies are of the view that the more novice traders require some sort of protection from broker bonuses. It is for this reason that cysec decided in 2016 that they would like to eliminate broker bonus offerings for those that they regulate.

Cysec is the cyprus securities and exchange commission which regulates a number of the binary options brokers who operate in europe. We have covered cysec binary options regulation before but this was a relatively new directive which was aimed at curtailing the practice of unrealistic bonuses.

This was also done in a conjunction with a directive to limit leverage on CFD accounts to 50:1. Although this means that brokers who are regulated by cysec cannot legally offer these bonuses anymore, there are no such restrictions in place for those brokers who are regulated by other bodies or even those that are unregulated.

Should you take a broker bonus?

This is usually quite a contentious point. Although “free” trading funds is always a good thing to consider, it should only be taken if the trader is 100% certain of the requirements involved and is also confident that they will meet those requirements.

The trader should not be blinded by the prospect of a giveaway and should make the decision based purely from an analytical perspective. Only traders who have traded before and know the volume that they can realistically trade together with the time in which this can be done should take a binary option bonus.

Moreover, if you are a trader that is considering taking a binary options broker bonus, you should discuss the terms of the bonus with the broker on email. You should confirm on the record with the broker that these are the terms to which you both agree. It would also be prudent to take a copy of the terms and conditions on the website and save it as part of your own due diligence.

Alternative options

Indeed, there are other options that you could consider should you really want to take advantage of broker giveaways. One of the most common that most traders take advantage of is no strings attached free demo accounts. These entitle the binary options trader to trade with the demo funds.

Unfortunately, demo funds and the profits associated with them cannot be withdrawn. However, this is a good opportunity for the trader to practice their trading skills before they actually consider investing any of funds with the broker.

Of course, the benefit of the demo account is that it is free. This means that the broker should not ask the trader to deposit any funds before they are given the benefit of using the demo account. If the broker asks you to do this then you should consider this a red flag .

Once you have honed your trading skills, you could consider moving onto a binary options no deposit bonus. This is a nice transition between the demo account and the live account. There will be considerably less pressure on the trader when they are trading on a broker bonus compared to trading funds actually invested.

So, let's see, what we have: compare the top rated binary options trading bonuses in 2021. We consolidate and rank the best bonus deals right here in our expert bonus guide. At binary.Com $10 bonus