Depending on the type of assets you would like to trade through binary options, you may select different brokers based on their available asset portfolios. Most retail traders use binary options to trade forex pairs and you can see that all our recommended brokers propose the main currency pairs (EURUSD, EURGBP, USDGBP…). If you want to trade specific indices or equity stocks, you may want to check the specific list of available asset for each broker before opening your real trading account. You should also note that the asset portfolios of the best binary options brokers is quickly widening as binary options grow more and more popular among retail traders.
Number of available assets by asset classes
24Option and AnyOption are the best brokers in terms of available assets
As you can see on the above table, 24option is the undisputed leader in terms of underlying forex pairs available while AnyOption is the broker that proposes the biggest amount of equity underlying assets for binary options. AnyOption is also known for proposing to speculate on highflying IPO (Initial Public Offering). Last year, AnyOption was the only broker to offer the possibility to speculate on the Alibaba IPO with dedicated binary options.
Another important metric to select your binary option broker
The number and types of available underlying asset are two important metrics to take into account when it comes to choose your binary options broker. The detailed lists of underlying assets proposed by each broker are available on each broker’s official website. Some brokers are also offering special underlying asset that receive a lot of attention from retail traders. For instance, AnyOption is also offering binary options on bitcoin.
Nevertheless, the number of available assets is not the only criterion to take into account to select your broker. You should also check that the broker is regulated and authorised by the main European financial regulators (FCA, AMF…) and that existing clients are satisfied with the specific broker on specialized financial forums. Other metrics to take into consideration for the choice of your broker include: the number of available option types, the level of the welcome bonus, the minimum deposit and minimum investment amounts as well as the functionalities and reliability of the trading platforms.
Don’t hesitate to have a look at our dedicated binary option broker rankings on each metric to peak the broker that best fits your needs and your trading profile.