Binary.Com bonus

In this article, you will learn: 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.

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Bonuses And Incentives, binary.com bonus.

You should never risk money that you cannot afford to lose.

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.

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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 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

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.Com $10 no deposit bonus

Binary.Com offers $10 no deposit bonus for all new clients. If you want to start trading binary options without risks for your money, this is the best way to try your trading skills, because the deposit is not required. No matter what is your trading skills, you will receive your bonus.

Binary.Com is binary options broker founded in 1999 licensed and regulated by the gambling supervision commission in the isle of man, british isles and also malta financial services authority. The minimum deposit is just $5, as they offer trading assets such as forex, indices, stocks with payouts up to 85%, as you can trade different option types……read full review of binary.Com

“binary.Com $10 no deposit bonus” review

Name: binary.Com $10 no deposit bonus

Bonus available to: new clients

Bonus duration: march 31, 2017

Bonus size: $10

Maximum amount of bonus:$10

Binary.Com $10 no deposit bonus – how to apply

You need to open free new account, as your account must be real, not binary options demo. You should upload verification documents and after approval you will receive $10 free bonus in your trading account. Only clients from united kingdom & europe union are eligibe for this special offer.

Binary.Com $10 no deposit bonus – terms and conditions

This promotion is only available to new clients. Existing or former clients do not qualify. It is only available once to each client. If you have any early withdrawal this may cancel the bonus amount and profit. $10 no deposit bonus offer cannot be combined with any other bonus promotion. This bonus offer can be changed at any time without previous notice. Binary.Com has the right to cancel or prohibit the use of this bonus at its own discretion at any time.

If you want to withdraw your profits and the bonus amount you can do that once when you have exceeded an account turnover of 25 times the bonus amount value. The maximum amount of winnings allowed on such accounts shall be 25 times the amount of such bonus amount.

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.

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“binary.Com $10 no deposit bonus” review

Name: binary.Com $10 no deposit bonus

Bonus available to: new clients

Bonus duration: march 31, 2017

Bonus size: $10

Maximum amount of bonus:$10

Binary.Com $10 no deposit bonus – how to apply

Binary.Com $10 no deposit bonus – terms and conditions

Binary option bonuses

A binary options bonus is a type of welcome bonus that a broker gives you for adding funds to a new account.

Depending on the broker you choose, the welcome bonus can vary from a deposit match, extra trading funds, or prizes. Often, it’s a combination of these. Some brokers will also throw in educational material like tutorials.

As with anything “free,” terms and conditions do apply, so make sure you read the fine print before depositing any of your hard-earned money into a brokerage account for binary options trading.

Bigger isn’t always better, so this brief overview will show you what to look out for before you accept a binary options bonus.

The best binary option bonuses of 2020

Types of binary option bonuses

As you know, binary options bonuses can come in a variety of rewards. We’ll cover the most common:

Welcome bonus

Also called a deposit match bonus, this type of welcome bonus gives you a percentage of your first deposit as additional funds to trade.

For example, if you fund your account with $100, you may be eligible for a 50% bonus or $50. Some binary options brokers offer 100% deposit bonuses, which would double the size of your initial investment from $100 to $200.

No deposit bonus

Alternatively, if you’re just getting started with your first binary trading broker or you’re short on funds, a no-deposit bonus could be the way to go. In this example, you get free money in your account just for opening it.

But remember, there’s no such thing as free money. These deposit bonuses often come with restrictions that don’t allow you to withdraw the money until you do actually fund the account. Or, the terms could require you to do a high volume of trades in a short time, increasing your chances of losing your deposit, especially if you’re a beginner in the field of binary options trading.

Risk-free trades

One of the most attractive deposit bonuses for new traders is a risk-free trade. In this scenario, you can enter into a trade, and if you sustain any losses, zero funds will be taken out of your account.

On the other hand, if you profit from the free trading, you get to keep the money. Often, a binary options broker will give you anywhere from one to five risk-free trades.

Again, read the bonus terms and conditions associated with risk-free trades. Most commonly, you have to enter into a high number of trades with your profits before you can make a withdrawal.

How a binary option bonus can help you

As long as you accept any deposit bonuses with your eyes wide open, you can benefit from a binary options bonus. Remember, it’s still technically free money or an exclusive benefit you get for opening an account with a broker.

It is also worth shopping around because generous bonuses with few strings attached can signal that you’re dealing with a superior broker.

Another thing to consider is that a modest bonus with few or no terms can be the best bet. By evaluating the bonus options and reading the fine print, you can find a transparent and honest broker in an industry that’s known for questionable tactics.

Terms and conditions to be aware of

The fine print of the terms and conditions can be enough to make you lose faith in humanity if you’re not careful.

While most of these brokers are above board, there are a few brokerages that are borderline criminal.

Without naming names (don’t worry, we would never recommend a binary options broker that would do anything we’re about to describe), we’ll tell you the most common terms to look out for that could land you in a trap and separate you from your money.

Withdrawal restrictions

Don’t be surprised if a broker’s terms dictate that you can’t withdraw your money until you’ve met their turnover requirements.

Turnover is expressed as the number of times your deposit or bonus must be traded before it’s eligible for withdrawal. The range is usually between 10 and 40, with an average of about 20 to 25.

For example, if your bonus amount was $100, and the turnover was 20, you would have to execute $2,000 in trades before redeeming your bonus for cash.

Locked-in deposits

We can’t stress enough the importance of reading the fine print. Specifically, be on the lookout for “locked-in deposits.” what this means is that you can’t even withdraw your initial deposit, let alone the bonus, until you meet the minimum turnover requirement.

Payments

A final condition to look for is how your bonuses and profits are paid. In an ideal scenario, the bonus is kept separate from your initial deposit funds because that helps you keep track of which money is yours and which is the broker’s.

And, once you’ve made some profits with either your bonus cash or a risk-free trade, are those earnings subject to their own conditions? If so, then you might never see that bonus money, so be on the lookout for how these rules are worded.

Drawbacks of binary trading bonuses

Once you understand how restrictive these deposit bonuses can be, you might want to avoid them altogether.

In addition to being familiar with the terms that can trap you (and your money), it’s also crucial that you’re aware of the actual drawbacks of a deposit bonus and how they can affect you.

Trade minimum

It’s not unusual for the binary option bonus to be inaccessible until you’ve executed a minimum amount of trading dollars. This number is typically expressed as your original deposit plus the binary option bonus.

For example, if you funded your account with a $1,000 deposit and received a $500 bonus, your total balance would be $1,500. In this trade minimum scenario, you might be required to do 20x in trading volume before you can get the deposit bonus. This would equate to $30,000.

If you’re not a high-volume trader, it could take a while to get to this point.

Time limits

To add insult to injury, the broker might require you to execute these trades within a specific timeframe. It could be 30, 60, or 90 days. There are a couple of reasons why this drawback is particularly painful:

Investors often fall into the trap of over-trading. Experienced investors make sure they are selective in their trading activity. By forcing a minimum trading volume in a compressed time period, it can result in traders being forced to make poor trades to get their volume up to bonus-redeeming numbers.

Withdrawals

While it’s understandable for a broker to put restrictions on when and how you can withdraw a deposit bonus, it’s not fair for them to also dictate rules about your original deposit. However, some brokers do exactly that.

They force you to meet all the conditions pertaining to their deposit bonus before you can withdraw your original funds.

Why do brokers offer binary option bonuses?

The primary reason brokers offer a binary option bonus is to attract new traders and motivate them to open an account. There’s a significant amount of competition, and the initial appeal of a generous deposit bonus can help a broker stand out from the competition.

Cysec regulated brokers and bonuses

Short for cyprus securities and exchange commission, cysec regulates many of the binary options brokers across europe. Their mission is to oversee the financial markets in cyprus and protect individual investors from shady practices.

In light of many of the restrictive and “bait and switch” style binary option bonuses, cysec elected to force the discontinuation of them among the brokers that they are responsible for regulating. Keep in mind that other brokers can and still do offer deposit bonuses, so you still have a choice if you want to pursue an account that offers them.

Cysec also took additional measures to protect investors’ funds, including requiring brokers to put the money in protected accounts separate from their business to prevent comingling, theft, and fraud.

The bottom line

Now that you know how binary options bonuses work, you might be wondering if you should avoid them altogether.

Earlier, we hinted that when it comes to these bonuses, bigger isn’t always better. Sometimes a simple $20 bonus for getting started comes with few (or no) terms. If that’s the case, why not take the free money and start trading.

You also have the option of avoiding a bonus altogether by getting on the phone with the broker before you open the account. You can try negotiating a better deal or offer to forgo an initial modest and restrictive bonus. Instead, ask for something more generous without strict terms in exchange for keeping a significant amount of money active for three to six months.

That’s just one example of potential negotiating tactics for a deposit bonus. Feel free to use your imagination to figure out a way to sweeten the deal of opening a binary options trading account without feeling like you’re selling the soul of your firstborn.

Robert wolfe is the founder and chief editor of impact investing collaborative. Robert is an expert trader with over 10 years of experience trading binary options, forex, and cfds. He prides himself in providing accurate and in-depth reviews in order to help others find a trading platform that fits their needs. When robert isn’t actively trading or managing impact investing collaborative, he enjoys spending time with his 3 kids, playing golf, and spending time outdoors.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

No deposit binary options

Here is a list with all risk free, no deposit binary options bonuses available today.

With the popularity of binary options, more and more brokers appear every day, which means more competition. I’m sure you probably know that competition is always good for the customer, in this case you, the trader.

In order to compete, some brokers have decided to offer no deposit binary options bonuses to new traders. This is the best way to try out a new trading platform with real money, without actually having to risk your own money.

Take a look at the list below with the best binary options no deposit bonus. All you have to do is to register an account and claim the binary options welcome bonuses also called ‘free binary options bonus‘.

Finpari

Finpari: this broker accepts US traders and paypal deposit. Finpari is the perfect broker for most traders with fast money withdrawal. Make sure to use the finpari promo code EEO6Z when signing up here: >> get $30 on finpari

How to get the no deposit bonuses?

Getting a binary options bonus with no deposit required is fairly simple. You just have to:

Check out the brokers using the special promotions links above

Enter the bonus code on the signup page or on the deposit page

If you did not get the bonus instantly, contact the customer support and ask about the no deposit bonus.
Please make sure you read the terms and conditions of these bonuses to avoid surprises.

Binary options deposit bonuses vs no deposit bonuses

Binary options brokers use no deposit bonuses to get more customers. They are paying you money to trade on their platform. No deposit bonuses usually have some pretty bad withdrawal conditions, which means that even if you manage to make thousands of dollars with your no deposit bonus, you will have to trade a lot to be able to withdraw it. As you can imagine, nobody gives you free money just like that.

Even if you decide the deposit later, you risk having your funds ‘locked’, and you will never be able to withdraw your money because of the no deposit bonus reqirements.

If you are serious about binary options trading you should not accept any bonus at all. In this case it’s the best to check out the best binary options brokers on our homepage and join the most trusted brokers instead. Either accept a welcome bonus that has no or very few conditions.

Best brokers that require A deposit

24option: 24option is the #1 rated binary options broker. They have everything a trader should be looking for: trust, security and good payment methods. Check out 24option here

Bancdebinary: another very popular binary options broker. Banc de binary is known for the high 91% payout and great support team. US traders are not accepted. Check out bancdebinary here

Pwrtrade

Pwrtrade: for a limited time, you can get $50 absolutely free, just for signing up with this broker. Pwrtrade does not accept US traders, but accepts more of the other countries.>> get $50 on pwrtrade

Marketsworld

Marketsworld: marketsworld is a US welcome binary options broker that is regulated by the isle of man gambling commission. Make sure to use the marketsworld promo code NDB10 when signing up here: >> get $10 on marketsworld

On the long run you will be better off with a deposit bonus with low requirements.

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