When looking for a binary options broker, one of the things that traders consider is the minimum deposit. This is the smallest amount of money that the broker expects you to deposit in your account.
This amount varies from broker to broker and account to account. On average, the most common sum requested is $250. However, if you feel that is too high, there are many good binary options brokers that offer you much lower minimum deposits.
Of course, you should also think about the services that you are receiving for the money that you are depositing. Here are some of the best binary options brokers that offering very reasonable minimum deposits:
IQ Option is an award winning binary options broker. It is also one of the most well-known brokers around. This broker offers its traders numerous assets to choose from and also has one of the best customer care services around.
Perhaps the best part about IQ Option is that the minimum deposit required is just $10!
Furthermore, this broker allows you to invest just $1 in a single option. The broker also offers up an 85 percent return on your initial investment as well. This low deposit amount is just one of the reasons that IQ Option boasts eleven million accounts across 178 regions around the world.
Not only is 365Trading a licensed binary options broker, but it also has a very reasonable minimum deposit. With just 100 pounds, dollars, or euros you can open up an account and begin placing trades with this broker.
One of the benefits of setting up an account with 365Trading is that they have an excellent education center. This will give you considerable insight into how to improve your binary options trading strategies. This broker also offers up a really great demo version of their trading platform. You will be able to get the hang of the trading platform before you have to begin taking risks with your own money.
HighLow is a binary options broker that is based in Australia but caters to traders all around the world. One of the reasons that HighLow is quite so popular among traders is due to its impressive demo account.
Best of all, you do not even have to sign up or download the demo account. Furthermore, the broker offers a cashback of up to $50 on your first trade. So, how much do you have to deposit to get a hold of all of these excellent benefits? Well, the good news is that for just $50 Australian or American, you will be able to begin placing real trades with HighLow.
TopOption is a licensed and regulated binary options broker. That is not all, however. For just 100 euros, dollars, or pounds, you can set up an account with this broker.
For this, you will be able to get a welcome bonus of up to $250. You are also provided with certain benefits including risk management tactics. You are also given additional protection in the form of an investor protection fund.
These are certainly some of the best binary options available to traders. As an additional bonus, these come with incredibly low minimum deposit requirements as well.