The #1 Binary Options Trading Guide for Australian investors. On this website you will find strategies, tips and the best Australian Binary Options broker reviews.
ASIC Bans Binary Options in Australia
You can still trade CFDs on Shares, Crypto and Forex on regulated brokers like Fortrade.
Start trading 100+ stocks, currencies, commodities and indices. You should start by picking one of the trusted binary options brokers at the top of this page.
Where To Start?
- Fortrade: Great trading platform for Australian traders. The company is registered in Australia and they have an ASIC license.
- EasyMarkets: One of the best Australian brokers. They don’t offer binary options trading, however you can trade CDFs on forex, commodities, cryptos and indices.
More and more Australians are looking for the best binary options brokers. That’s no wonder, considering the success and ever-growing popularity, that binary options trading has at the moment.
One of the fastest and easiest ways of earning profits is to use binary options trading here in Australia. It is also possible for you to earn bonuses and other great extras.
There are some brokers that are regulated in Australia, while others are regulated in Cyprus, Europe, but they all accept Australian traders. In addition, they even accept all the payment methods preferred by Australian traders.
Forex, Cryptocurrency and CFD Trading For Australians
|Name||Min. Deposit||AU License||Features||Review|
|$100||YES||+ ASIC License|
What Is Forex Trading?
The best alternative to binary options trading is Forex/CFD/Crypto trading. Forex has been around for longer than binary options, and there are many safe and licensed forex brokers.
The main difference between forex and binary options is that with forex there are no limits to how much money you can make or lose. Of course there are tools to control this (like stop loss). Also you are not limited to any timeframe. You decide when you want to open or close a trade. Forex is more flexible than binary options.
Best Binary Options Robot For Australians
We don’t recommend any binary options robots anymore. Most are scams.
What Is A Binary Options Trading Robot?
If you are looking for an automated way to trade binary options, then a trading robot is for you. With these robots, you can trade even when you sleep. Just make the necessary settings in the software and start trading.
Is Binary Options Trading Legal In Australia?
UPDATE 2023: No. Brokers are not allowed to offer binary options trading to retail clients anymore.
There are laws that restrict binary options trading in Australia, starting with May 3, 2021. Most brokers that we recommend on this website have an ASIC license, which means that they have an official license in Australia. Most of these brokers have their headquarters in Australia. Take a look and compare all licensed brokers and pick one that you think suits you most. Trading shares, crypto, forex, etc. is still legal in Australia.
We recommend that you pick a broker with an Australian Securities & Investments Commission (ASIC) license. This way to can make sure that your funds are safe.
Binary Options Trading for Australians
We will show you how to get started with binary options trading. After you have picked a broker, registered and logged in, a drop down menu will appear on the screen as follows:
- Select an asset and time of expiry for your binary option.
- Click on assets and a list will appear with their expiry time.
- Once you have analyzed the information, press the select on your chosen asset.
- Next you need to choose either Call or Put option. When you have done this, a current price will appear on the screen. It will also show you the expected payout on your investment letting you see how much profit or loss is involved.
- Put in the amount of cash you want to invest. You can base this on the amount of money you will make if the option expires in the money.
- When the time has expired you will see n the screen the price of the asset. You will then be able to see if you have made or lost money. If you have predicted correctly and your binary option expired in the money you will get the money projected in the initial investment. If you have predicted wrongly, and you end up out of the money, many of the brokers in binary options trading Australia will refund 15 per cent of the money you invested.
Recommended Australia Binary Option Brokers
Online binary options brokers make it simple for you. These types of brokers are not middlemen in that there is no bargaining with them and they are not paid any commissions. In Australia, they also call them binary options trading platforms. These brokers are well set up in the financial markets and their support is usually very friendly and responsive. Everything is made easy for you as there are no agents to deal with making it a good investment option.
Trading options in your country is as easy as signing up and depositing with your favorite payment method. Most binary options brokers accept all credit and debit cards, bank wire and skrill, but you can find our more about the best binary options brokers that accept all payment methods.
The first step is to register and in no time you will be an investor on an online brokerage, but before starting to trade it is worth your while to read the training guides. There is no registration fees required from the majority of brokers. You do, however, need to open an account at the time of registration and make an initial deposit. Once this is done, you are ready to start investing.
You are now trade in binary options trading Australia from anywhere as long as you have an internet connection. Enter the site of your broker and immediately begin to deal electronically.
Best Binary Options Broker In Australia
HighLow is the most popular and trusted Australian binary options broker. All traders get a special welcome bonus. This broker offers a huge variety of payment methods and their support team is top notch.
Other Good Binary Options Brokers Australia
All other brokers are unregulated and we do not recommend those. Most are scams.
Binary Options Trading Australia
Binary options is a completely electronic or digital method of trading, without any hassle and you can make huge profit in one day as the turnover is hourly. Another benefit is that there is no need for you to be a financial or economic genius. All relevant information is displayed on the screen and is user friendly, enabling you to make a decision.
Best International Binary Options Broker
There are no international binary options brokers that accept Australian traders.
Binary Options Signals Australia
Warning: Do not use any signals services.
If you are new to binary options trading, you probably don’t have a winning strategy yet. You might be tempted to try a binary options signals service, also called binary options robot.
- These signals will give you ideas on which assets you should invest next.
- Some binary signal providers claim to have success rates of ~90%.
We do not recommend any binary options signals services. Many traders reported poor results and we think these services do not work at all.
The best way to be successful with binary options trading is to have your own strategy that works for you.
Whatever you do, make sure you pick a trusted and regulated Australian binary options trading platform.