Are you interested in binary trading? Then, it would be wise to take advantage of exclusive offers brokers provide to new clients ― namely, money bonuses. Why miss a chance to obtain extra trading capital? Learn what you are required to do and which brokers have the best offers from our overview.

What is a bonus? It is free money, which is transferred to your account when you fulfill the requirements of a broker, for example, after registration. Afterward, you can freely utilize this money to make trades. As a rule, the sum of a binary options bonus is $20–50. However, there are usually certain limitations on how and when you can withdraw them. For example, you may be demanded to reach a fixed trade volume limit.

Today, trading platforms offer several types of such bonuses:

•         No deposit. This variant does not involve any risks. You are not required to invest any money of yours. The only demand is to register an account.
•         Deposit. Such offers are rather frequent. You are asked to send a certain sum to your balance to get additional funds. Sure, to be on the safe side, it is better to take a pause and review the platform chosen first.
•         Welcome. These are meant to attract new clients. The rules and sums vary depending on the platform.
•         Referral. To receive them, you should invite other people, for example, your friends, to join the source and encourage them to fulfill certain conditions, for example, to make a deposit or to execute the first trade.
•         VIP. To obtain VIP status, you are usually supposed to transfer a hefty deposit. Then, in addition to bonus money, you may be offered increased returns, quick withdrawals, personal management services, trading signals, etc.

Where to search for such free capital? Today, most platforms provide deposit bonuses only. Among the best offers on the market, we must mention Binary Cent, IQ Option, Binary.com, RaceOption, Expert Option, Nadex, PocketOption, High Low. Yet, we’ve also found a couple of no deposit bonuses for you ― check Binomo and Ayrex.

To sum up, such bonuses are an instrument that can allow you to increase the size of your stakes and extend your portfolio without depositing any extra money or even start trading without any real capital invested. Yet, to be on the safe side, you must scrupulously study all the requirements and limitations before applying for any of such offers.

This method is known as the solution which can bring up to 95% reward and does not require complicated analysis. Yet, you must keep in mind that your income and the safety of your money will depend critically on the scrupulousness and honesty of your broker. So, it is advisable to choose from the top list provided by our experts.

Still, before we proceed to discuss brokerage sources operating in the United Kingdom, we must clarify certain legal issues. First, binary trading is fully legalized in this country. But you must understand that it is not regulated by the Financial Conduct Authority. According to the local law, it belongs to gambling activities, which is why it is monitored by the UK gambling commission. One must acknowledge that, as of now, the legal regulation of this sphere still requires improvement. However, due to its profound popularity, there is a good chance that this problem will get fixed very soon.

Now, how to find a suitable brokerage service offering binary options UK?

•   Make sure the company serves clients from this country.
•   Check if it is licensed by the UK gambling commission.
•   Compare the range of available assets with offers by other platforms.
•   Compare its fees with competitors.
•   Analyze the payout percentages.
•   Find out whether it offers any bonuses.
•   Make sure its deposit and withdrawal terms are comfortable for you.
•   Find feedback left by other clients on independent platforms.

To save you time and narrow your search, let us provide a list of brokers that fully comply with the UK legislation and are worth your trust and attention:

1.   Binomo.
2.   IQ Option.
3.   Binary.com.
4.   Ninja Trader.
5.   Olymp Trade.

Also Read: Best Algorithmic Trading Software: User-friendly Services for Beginners

As it was mentioned above, today, binary trading is legal in the United Kingdom. Still, due to the fact that it is not monitored by the FCA, many traders hesitate whether it is worth the risk. For such cases, we would recommend you choose an alternative ― trading foreign currencies. The local legislation determines it as a financial activity. Hence, it is decently regulated. As for the platforms that offer such an opportunity, the most popular ones are FX Pro, Interactive Brokers, Admiral Markets. 

In sum, although binary options are absolutely legal in the UK, there is uncertainty regarding its current status and future prospects, due to the imperfection of the legislation. However, you can safely entrust your investments to any of the binary brokers specified above.

The biggest fair associated with trading is the risk of losing all the money from the very first deal. However, in many cases, you will not need to bear such risks as most large platforms offer no-deposit bonuses to their new users so that they can get acquainted with the functionality and level of service without extra obligations.

Furthermore, such bonuses enjoy demand among active traders with a significant record as well. The point is they usually keep on trying new brokerage services from time to time. Obviously, before moving to a new source for good, they need to have a close look at the selection of instruments, overall functionality, fees, processing speed, customer support level, and other details. And using such free money is the most comfortable variant in such cases.

Today, we are going to turn our attention to the most generous binary options no deposit bonus offers:

1.   Pocket Options ― $50;
2.   Binary.com ― $10;
3. OlympTrade ― up to 50% of the first deposit;
4.   Binomo ― $5–1000.

You must know that a platform can impose certain conditions for receiving such free money, for example, new clients may be asked to register an account, to pass verification, or to make a small transfer (although, to be objective, that can hardly be called a no-deposit bonus in such a case). Hence, we advise you to scrutinize all the terms and demands before applying for such a gift.

Also Read: Expert Tips on How to Find the Best Cryptocurrency App

Let us explain to you how to get it step by step:

1. Select a broker. Certainly, you must not make a choice purely based on the size of the bonus and the terms of its receipt. Keep in mind that you will not be able just to withdraw it, this money is meant for trading. So, find a platform with comfortable terms and a decent reputation.
2. Register an account. As a rule, the procedure is similar to that offered by any other website. But, in the case of brokers, you will also be asked to verify your identity by sending a photo of your ID or another method.
3. Claim your bonus if there are no other requirements. For example, on Pocket Options, like on most other platforms, you need just to create a profile and verify it. Afterward, you can start executing deals.
4. In most cases, you will get an opportunity to make a withdrawal only after reaching a certain trade volume. In the case of Pocket Options, it is $5000.

Also Read: What Is A Forex Trader: Advantages and Disadvantages

In sum, such bonuses are a great chance to start your trading career without an initial investment. But you must keep in mind that trading (using binary options in particular) is associated with big risks.

Want to try binary options trading but hesitate whether you are ready to bet real money? No need to take such unwise risks. Instead, create a demo account and test your skills in safe, but realistic conditions. Read more about this opportunity below and learn where to get such an account for training.

At the very start, let us discuss what binary options are so that we avoid any misunderstandings afterward. So, these are options contracts with a “yes or no” basis. To get returns, a trader must determine whether the price of a certain asset will increase or decrease within a specified period. If his forecasts come true he gets back the money he bet before along with a profit that can reach 80% and more.

The system is quite simple, as you can see, but the risk of losses is also high enough. That is why experienced traders advise beginners to start from a demo account, which is free of deposits and risks.

Namely, such an account allows trading binary options in conditions that simulate real ones so you will easily understand how these assets work. In other words, you will make deals in market conditions but you will bet virtual money, not real funds. So, you will neither lose nor earn real money. Yet, you can do research in real market conditions and watch whether your forecasts come true or not.

Also Read: Binary Options for Beginners: Understanding and Using them

Here are the key pros of binary options free demo accounts:

•   a safe way to understand how the market works;
•   trying your knowledge and skills under real conditions without risks;
•   testing new trading strategies and methods;
•   learning how to make well-considered decisions without unnecessary nerves and emotions;
•   checking the reliability and functionality of a broker service chosen without making any deposits.

 And now it is time to decide which broker platform to select. After analyzing the terms offered by varied companies, we recommend you choose among Pocket Option, Binary.com, IQ Option, Expert Option, and Binomo.

Also, for beginners, we provide short instructions on how to create and use such an account:

1. Go through a registration procedure if needed. For that, you will need to provide your email address and basic personal information for verification.
2. Study all the assets and instruments accessible to you. Do not restrict yourself to binary options only.
3. When you learn about some new instrument or strategy, practice it in real conditions via a demo account.
4. Make use of notifications and alerts.
5. Even when you get a real account, keep a virtual one as well (on another platform) so that you can test new schemes without risks.

Also Read: A Short Guide on How to Make Money with Binary Options

In sum, a demo account is a must-have for every trader. When you are a beginner, you can use it to learn how to trade effectively and wisely. But, afterward, you can turn it into a tool for testing new strategies and ideas.

Have you heard that binary options can bring you 85% profits? That is the key reason why this tool enjoys increased attention from traders. If you are among them, let us explain to you the basics about such investments. Below, you will find an easy description of this tool and learn how traders earn from it.

Why do so many traders choose such investments? They combine advanced security and low risks. In practice, you know how much you can earn and lose from the very beginning so the risk you take is well-weighed.

In short, a binary option is a contract, which assumes that a trader’s profit will depend on whether an asset chosen (these can be commodities, currency pairs, stocks, and others) goes up or drops within a timeframe specified. No need to determine the exact sum of a fluctuation, only its direction. If a trader fails to correctly predict the movements of the price, he earns nothing. But if his predictions are correct, he gets a significant profit, which can reach 85% and even more. As you can see, the scheme is pretty simple. Even beginners can successfully make money with binary options after certain self-education.

Also Read: Binary Options for Beginners: Understanding and Using them

Now, let us provide you with guidelines on how to start earning with this instrument:

1. Study the theoretical basics.
2. Consider whether you are ready to bear the risks related.
3. Find a broker offering low fees, affordable deposit limits, full functionality, and faultless service.
4. Choose the strategy. The most popular ones are those based on the candlestick pattern and fundamental analysis, as well as the Pinocchio strategy.
5. Try it via a demo account. Pay enough time to this stage, do not haste to trade with real money. You need to get a clear idea of how market trends behave.
6. Make your first deposit and open your first deal. But bear in mind the key rule ― do not risk more than 1–2% of your capital at a time.

In sum, it is an easy-to-use trading tool, which can bring you good incomes. But the main point is to keep the risks under control.

Are you considering binary options as a trading instrument but cannot make a final decision? Our guide will help you understand whether it is for you or not. We will tell you about the main pros, cons, and pitfalls. Also, you will learn how to try it at no risk at all.

Let us find out what is the essence of this trading tool so that we can talk the same language. Binary options are option contracts that imply a “yes or no” payment scheme. So, a trader must forecast whether an asset chosen will go up or down in price within a period agreed. If his supposition turns out to be correct, he gets back the sum he bet before together with a return that can reach 70–80% and even more. Another crucial point to mention is that a trader knows beforehand how much money he may earn or lose depending on the correctness of his forecast.

Here are the key pros of binary options for beginners:

•   easy to understand and use;
•   extremely high returns of 80 % and more;
•   potential returns and losses are known beforehand.

Still, one must note that such trading implies high risks as well. The best strategy is to stick to small bets ― about 1–2% of the general capital. When a novice trader chases big money and puts a significant part of his capital at risk, he usually ends up with huge losses. In addition, a trader must take into account that he will have to constantly spend much time and effort on analyzing the market and determining the trends to make winning bets.

Now, you probably want to know how to start trading.

1. Do deep research on the basics. Study the types of options, terminology, strategies, trading tips from experts. Decide whether such a risky tool suits you.
2. Select a broker. In practice, you can turn to any brokerage company with a proper reputation, but make sure it offers a large selection of assets, an affordable minimum deposit limit, low fees, attractive bonuses, effective research and educational tools. We recommend you choose from Binary.com, IQ Options, PocketOption ― these services are a safe pick for both beginners and professionals.
3. Test your knowledge via a demo account. It is a free and riskless method to try your hand at binary trading.
4. Create a real account and make your first bet, but, again, do not risk more than 2% of your budget.

Also Read: How Old Do You Have to Be to Buy Stocks: Tips for Teenagers and Their Parents

To sum up, binary trading is an advantageous option for you as a beginner under the condition that you pay enough time to market analysis, as well as watch the risks.