Most binary options brokers offer a welcome bonus to new traders. These offers correspond to an increase in capital on your first deposit. These additional amounts of cash can either be flat or proportional to your first deposit. Binary option bonus offers give new traders the opportunity to receive additional money for free once they open a new trading account. For example, if a broker offers a 100% binary options bonus on your first deposit, it means that if you deposit $250, you will a receive an additional $250 cash prize on your trading account. The binary option bous will thus increase the starting capital of your new trading account up to $500. This is likely to give beginners the opportunity to try more strategies and to benefit from an additional safety layer in case of losses. It is really easy to benefit form these welcome binary options bonus offers with most brokers. On the below comparison table, we will present you the different bonuses available when opening a trading with the best binary options brokers in Europe.
Updated April 2016
The below ranking allows you to compare all the binary options bonus proposed by the brokers regulated and authorized to provide trading services in Europe and in the United Kingdom. Please note that our team negotiated special bonus offers for new traders that use our links to access the broker website. These improved offers are automatically available when you open an account with one of our recommended brokers by clicking on one of the links on this ranking. Don’t hesitate to try and negotiate directly with your account manager in order to get a bigger binary options bonus, brokers are open to it. It demonstrates that you already have the successful trader mindset.
Binary Option Broker Bonus Ranking
Promotional and special binary option bonus
The website team frequently updates the latest binary option bonus, promotions, contests and other special offers provided by online brokers that you may be able benefit from. If the vast majority of brokers provide their customers with welcome promotions, some brokers are also regularly offering special offers (Christmas bonus, event sponsorship, football game tickets, iphones…) and organizing cash rewarded trading competitions. All these special offers are not what you could call binary option bonus but are ways to gain extra cash from your broker that may allow you to build more successful trading strategies.
How can brokers afford to give welcome bonus?
What is there to win for the broker? Promotional offers are designed to be a win-win situation for both traders and brokers. The trader can get additional cash on his trading account with the opportunity to scale up the size of its investments and hopefully the amount of money he makes. The broker then makes money from the greater commissions arising from larger sized trade and additional trades generated. It is also an efficient way to attract new clients and to engage existing ones for the broker. The increasing competition between binary options brokers has boosted the bonus amounts.
Beware! A welcome binary options bonus is not free money
Bonus may look like gifts or free money but don’t be fooled, they are not. Almost all brokers attach restrictive conditions to withdraw these additional amounts of cash. Promotional offers are meant for trading purposes only. You will not be able to withdraw your binary options bonus amount directly and you will have to reinvest the received cash several times to be able to do so. The trade volume requirements vary among brokers and are only in place in order to prevent new traders from abusing the promotion by withdrawing it immediately and close their trading account.
What precautions should be taken regarding broker bonus?
Beware of brokers with non-documented regulation that use enormous bonus amounts to lure unsuspecting traders into opening a trading account on their platform. Carefully read the terms and conditions of your broker, some illegal and scam brokers may have added fraudulent conditions attached to their bonuses that are designed to prevent traders from withdrawing them. We personally don’t believe that the welcome bonus is the most important criteria when it comes to choose your binary option broker. Always keep in mind that the best binary option brokers out there don’t need welcome promotions to attract new clients. They focus on competitive payouts, advanced trading platforms and strong security processes which are all much better competitive advantages than a simple bonus that can most likely lead you to open an account with a scam broker.
If you want to avoid problems, we highly recommend you to stick to our certified broker list. All the recommended brokers of our best binary options bonus ranking are fully regulated and authorised to provide trading services in Europe and the United Kingdom.