Such agencies include the Cyprus Securities and Exchange Commission (CySEC), and the United Kingdom Financial Conduct Authority (FCA).Its common knowledge in binary options circles that some assets are much easier to predict than others. This is especially true for major currency pairs. Also, most of the signal tools developed only work with currencies, so you need to make sure they are available in abundance if you want to profit.Some brokers count on the fact that traders have no idea that payout rates in case of touch options should be very high, and as such they offer standard 80 rates in these cases. This is a very shady practice. I blacklist a broker immediately that does not offer decent payout rates.Binary options brokers function on a so-called binary options trading platform. Third party companies usually develop this platform. Traders should make sure that they register at a broker that uses a highly advanced and user-friendly platform. This way theyll be able to enjoy trading under the best conditions.As you know, there are different kinds of options such as high/low options, one-touch, boundary and ladder. A decent broker in 2015 should be offering all of these. It might have been fine for a broker to offer only high/low options in 2010, but thee days this is unacceptable.There are many important and independent forums that are completely user generated that allow complaints against brokers. If my broker has many justified complains about not processing payments then obviously I will not register and instead add the broker to my blacklist.In regards to deposits, the most important issue is that of the number of depositing tools provided. The most important payment tools that should be available at every financial trading broker are credit card deposit, wire transfer deposit and PayPal as well as MoneyBookers deposit. In regards to withdrawals, the most important issue is the processing time related to payments.And now finally once the binary options brokers I review passed the previous tests I will actually sign up myself and begin trading for real money for at least 2 weeks. Usually, in these cases I will not accept a bonus because I might not intend to stick on trading and therefore wouldnt want to lock in my deposit due to bonus clearing requirements.And at the very end, if the brokers pass all these evaluations then I will add them to the recommended binary options brokers list. If they are just good enough then I will ignore them. If they are really bad or even a scam, they get blacklisted.24Option (Recommended for Europe and international traders no USA accepted) 24Option is at this moment the largest binary options broker in the market. Its also one of the first that acquired proper regulation and licensing in multiple European Union countries. I truly believe that at this moment 24Option is the safest and most legit broker out there. Of course, the services provided are also some of the best available right now.If youre interested in learning how to win at binary options then I recommend you to read my additional articles and guides as well. This website was created with the intention of teaching traders how to win, so they can become more than just simple recreational users. If you only trade at the best ranked binary options trading brokers and follow some basis steps, then youll definitely have a good chance of generating substantial revenues besides having a lot of fun as well.I am continually reviewing the brokers that I deem to be worthy of being reviewed. Brokers that Ive reviewed include Stockpair, OneTwoTrade, AnyOption, OptionWeb, OptionBit, Cherry Trade, Magnum Options, Boss Capital, CTOption, GOptions, Empire Option, GTOption, 10Trade and Redwood Options.Hey can you tell me how to distinguish legit binary brokers from scams Ive been reading many sites and it does seem that there are brokers who might not be legal or which are scams. I also see that you have a toplist of binary options brokers on this and most of your pages. Can you let me know you selected these brokers and if these are legit and why you think that they are the best Thanks.Hi there Jonathan. The simplest way to detect a scam binary options broker from a legit one is to see if the broker has a license issued by a reputable authority or not. Usually this is CySEC from Cyprus. CySEC licenses are fully compatible with European Union laws and are also recognized by the UK FCA (the FCA will during 2015-2016 issue its own licenses though).Besides this, you can check on various popular websites and forums the feedback these brokers receive. The best sites to check out is those that allow user generated comments or have a forum. This is because these sites are forced to only recommend legit brokers, as otherwise their commenters and forum users would expose them.Regarding the toplist, all the brokers listed here have a good reputation and offer the best services available at this moment.You can cross check these claims on other websites as well that allow user generated comments. There are indeed shady brokers out there but fortunately there are plenty of legit ones as well that have a great reputation and even have licenses. I always stick to only recommending these brokers. The binary options business is becoming more and more white-hat these days. Finding perfectly safe and legit brokers is thankfully very easy these days.I would like to rectify one point, they might be registered with the FCA but they are not regulated by them concerning the binary options trade. Its considered as gambling in the UK, so you cant coplain to the FCA and you wont get any help from them.Brokers that will for sure 100 get direct FCA license are pretty much the ones listed here. i.e.