Highest Payout Binary Options Brokers
The highest payout binary options brokers offer the best returns on correct up/down predictions. But which binary options platforms offer high payoffs and how should you compare brokers?
In this guide, we rank the binary options brokers with the highest payouts in 2024. We also explain how payouts work and why you should consider more than just the maximum returns.
Binary Options Brokers With The Highest Payouts
- World Forex - World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.
- Deriv.com - Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.
- IQCent - IQCent offers binary options with above-average payouts up to 98%. The broker supports an online platform with basic analysis tools but a wide range of timeframes, from 1 minute to 1 month, catering to short and long term trading strategies. Considering the negatives, there are no binaries on stocks.
- Quotex - Quotex continues its streak near the top of the industry with ultra-short-term binaries on hundreds of assets. The binary broker provides a web platform that delivers a terrific user experience with a clean design, multiple charting styles, dozens of indicators and daily signals.
- Videforex - Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus.
#1 - World Forex
Why We Chose World Forex
World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.
"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders."
- DayTrading Review Team
- Minimum Deposit: $1
- Payout %: 100%
- Expiry Times: 1 minute - 7 days
- Bonus: 100% Deposit Bonus
- Copy Trading: Yes
- Platforms: MT4, MT5
- Instruments: Stocks, Forex, Crypto
About World Forex
World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
Pros
- A wide range of assets to trade, including via digital contracts
- Copy trading solution
- Low deposit of $1
Cons
- No negative balance protection
- Weak regulation
- Withdrawal fees apply
#2 - Deriv.com
Why We Chose Deriv.com
Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.
"Deriv.com will suit day traders looking to make fast-paced trades using CFDs and multipliers with high leverage up to 1:1000. The broker is also the industry leader in synthetic indices, which simulate real market movements and are available around the clock. "
- DayTrading Review Team
- Minimum Deposit: $5
- Payout %: 100%
- Expiry Times: 15 seconds to 365 days
- Copy Trading: Yes
- Platforms: Deriv Trader, MT5
- Instruments: Stocks, Forex, Crypto
About Deriv.com
Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.
Pros
- The free demo account is ideal for practicing short-term trading strategies and no registration is required
- Deriv continues to offer fast and reliable 24/7 support and the WhatsApp service is particularly convenient
- Traders can use multipliers between 1 and 30, with take profit, stop loss and deal cancellation parameters
Cons
- There's no loyalty program or rebate scheme for high volume traders
- The range of 100+ assets trails some competitors such as Quotex which offers 400+
- There are limited copy trading tools and analysis features compared to alternatives like IQ Cent
#3 - IQCent
Why We Chose IQCent
IQCent offers binary options with above-average payouts up to 98%. The broker supports an online platform with basic analysis tools but a wide range of timeframes, from 1 minute to 1 month, catering to short and long term trading strategies. Considering the negatives, there are no binaries on stocks.
"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "
- DayTrading Review Team
- Minimum Deposit: $250
- Payout %: 98%
- Expiry Times: 5 seconds - 1 month
- Bonus: 20% to 200% Deposit Bonus
- Copy Trading: Yes
- Platforms: Online Platform, TradingView
- Instruments: Forex, Crypto
About IQCent
IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
Pros
- IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
- The broker offers up to 98% payouts on binary options, which is more than alternatives like Pocket Option, only offering up to 92%
- CFD trading fees are competitive based on tests, including 0.7 pips on major forex pairs such as EUR/USD
Cons
- There's no automated trading support for algo traders
- IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
- IQCent trails binary brokers like Quotex with its narrow investment offering of around 100 assets with no stocks
#4 - Quotex
Why We Chose Quotex
Quotex continues its streak near the top of the industry with ultra-short-term binaries on hundreds of assets. The binary broker provides a web platform that delivers a terrific user experience with a clean design, multiple charting styles, dozens of indicators and daily signals.
"Quotex is best for making short-term trades on popular markets. The payouts up to 98% are above average and enhancements to the platform have ensured it's easy to use for beginners. That said, the lack of regulatory oversight, limited education and weak support are key drawbacks."
- DayTrading Review Team
- Minimum Deposit: $10
- Payout %: 98%
- Expiry Times: 5 seconds - 4 hours
- Bonus: 30% Deposit Bonus
- Copy Trading: No
- Platforms: Web Platform, Mobile App
- Instruments: Stocks, Forex, Crypto
About Quotex
Quotex has been a top binary options broker since 2019, offering over 400 binaries across currencies, commodities, stocks, and crypto. With contracts spanning 5 seconds to 4 hours, short-term traders enjoy flexibility while payouts that exceed 95%, offer high potential returns. Continuously adapting to trader demands, Quotex provides a user-friendly platform for trading binaries.
Pros
- The platform continues to delivers a superb trading environment with strong charting tools for technical traders
- Daily signals are useful for finding opportunities, especially for newer traders
- Quotex maintains its position as an excellent choice for short-term binary trading with turbo contracts from 5 seconds
Cons
- Customer support has been weak during tests with no live chat and slow response times
- Quotex trails industry leaders when it comes to education and market research
- There is no copy trading, which could support new traders looking to learn from experienced investors
#5 - Videforex
Why We Chose Videforex
Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus.
"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts also remain higher than most alternatives climbing to 98%."
- DayTrading Review Team
- Minimum Deposit: $250
- Payout %: 98%
- Expiry Times: 5 seconds - 1 month
- Bonus: 20% to 200% Deposit Bonus
- Copy Trading: Yes
- Platforms: TradingView
- Instruments: Stocks, Forex, Crypto
About Videforex
Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
Pros
- Videforex regularly runs trading contests, offering great practice opportunities and cash prizes to beginners and experienced traders
- Videforex allows you to enter positions with just ¢0.01
- You can easily mirror the trades of experienced investors with low fees
Cons
- The broker isn’t overseen by a trusted regulatory agency
- No MetaTrader 4 integration
- US clients aren’t accepted due to legal restrictions
Binary Options Payouts Explained
Binary options payouts are the expected returns that traders will receive if they successfully predict the price movement of an underlying asset. The trader’s account will be credited with the agreed profit if the contract finishes ‘in-the-money’.
Payouts are set by the broker and are quoted before you open any trades, usually as a percentage of the initial stake. These percentages typically range between 20% and 90% depending on the broker, underlying asset, and market conditions.
Popular stocks and major forex pairs, for example, typically have higher payouts while more volatile assets with less liquidity, such as cryptos and minor currency pairs, normally have lower payoffs.
Importantly, binary options brokers with the highest payouts usually offer returns in excess of 95%+. Some brands even offer payoffs of 400%.
Now you might be wondering how a brand can offer payouts of 100%+ and stay in business, let alone make a profit. Well, there are a couple of reasons:
- Market activity sometimes leads to a large volume of traders betting in one direction. And due to an increased probability that the trade will indeed finish in that direction, brokers can sometimes offer payouts in excess of 100% in the opposite direction.
- High payouts are normally only offered on a limited number of a broker’s sometimes extensive list of assets. The majority of their binaries will have lower payouts, under 100%.
How Binary Options Payouts Work
Let’s say that you want to open a trade on the GBP/USD in the wake of a major policy announcement from the Fed.
Your binary options broker offers a 90% payout on a $100 stake.
If you are successful, your profit would be: $100 x 90% = $90
If you are unsuccessful, your loss would be: $100
As you can see, with typical payouts, you are risking a greater potential loss than you are profit. As such, for every 100 trades, you will need to win more than you lose to ensure you break even or profit.
Importantly, the higher the payout, the fewer wins you need to generate a return in the long term. Thus, binary options brokers with high payouts are attractive to aspiring traders.
Comparing The Highest Payout Binary Options Brokers
The three binary options brokers with the highest payouts are:
Spectre.ai
Spectre.ai has high payouts that can reach an impressive 400% on its EPIC products.
- Payout: Up to 400%
- Minimum Deposit: $0
- Expiry Times: 1 second – end of day
World Forex
World Forex is suitable for both beginners and experienced binary options traders with 24/7 support, a free training programme and MT4/MT5 integration.
- Payout: Up to 100%
- Minimum Deposit: $1
- Expiry Times: 1 minute – 1 week
Quotex
Quotex offers a bespoke trading platform with a sleek design and trading signals.
- Payout: Up to 98%
- Minimum Deposit: $10
- Expiry Times: 5 seconds – 4 hours
Other Factors
While high payouts are a key consideration, there are other factors to take into account when choosing a binary options broker:
Reliability & Reputation
Safety and security are important in binary options trading. The industry has a track record of scams with several notable regulators choosing not to represent or license binary options firms, including the Financial Conduct Authority in the UK.
As a result, traders often look to offshore brokers to trade binaries. These firms may try to entice potential traders with high binary options payouts, joining promotions and other financial incentives.
To avoid untrustworthy providers, only trade with established brands that are popular in the binary options trading community. See our list of the highest payout binary options brokers for our top picks.
Available Assets
Binary options brokers with high payouts offer access to different underlying assets. Forex pairs, stocks, and commodities are usually available. A growing number of platforms are also offering opportunities on cryptos like Bitcoin, though payouts tend to be lower.
Expiries
Also check the binary options contract lengths available on the assets you’re interested in. Some firms offer ultra-short-term binaries that last 30 seconds to 60 minutes, while other brands offer contracts that last hours, days, or weeks.
Features & Tools
Popular high payout binary options brokers also offer additional tools and services to enhance the user experience. This includes copy trading, whereby you follow the trades and setups of experienced investors.
Additionally, some brands let users double up on winning trades and cash out of contracts early to secure profits or minimize losses. Risk-free trades are also provided by some platforms.
Demo Accounts
Binary options demo accounts allow traders to trial a broker’s platform and test their strategy.
Paper trading profiles can also be used to view a brand’s payouts on popular assets. Payoffs by instrument are usually displayed directly in the trading terminal, either in the new order widget or asset navigation menu.
Fees & Costs
While some binary options brokers boast high payouts, they could make up for potential losses by placing fees and charges in other areas. These can include higher deposit or withdrawal fees and inactivity penalties.
Customer Support
If you come across a problem, having responsive, helpful customer support is valuable. The highest payout binary options brokers often offer 24/5 or 24/7 assistance via live chat, email and telephone. Some brands also offer video support and help through popular social media channels.
Final Word On Binary Options Brokers With High Payouts
The highest payout binary options brokers offer the best returns on ‘in-the-money’ trades. Some platforms can even offer payoffs in excess of 100% if the market conditions allow it, for example, if the trading volume has all gone in one direction.
But while binary options brokers with high payouts may feel like an obvious place to start for beginners, there are other factors to consider, including the range of underlying assets, expiry times, minimum deposits, plus additional features and copy trading tools.
Head to our ranking of the highest payout binary options brokers to get started.
FAQs
What Is Considered A High Binary Options Payout?
Typically, brokers will set the payout of a binary options contract between 20% and 90% depending on the underlying asset and market conditions. Any payout above 95% could be considered a high payoff.
Which Is The Binary Options Broker With The Highest Payout?
The binary options broker with the highest advertised payout is Spectre.ai, with a peak 400% payoff. This is available on the broker’s EPIC products in some circumstances. EPIC stands for Epochal Price Index Composite and is basically a means of speculating on historical market activity while reflecting real-time data.
Most other high payout binary options brokers have payouts that hover between 95% and 100%.
What Are The Drawbacks Of The Highest Payout Binary Options Brokers?
While it may seem that choosing binary options brokers with the highest payouts is the most profitable option, it is not quite that straightforward.
Binary options brokers only tend to offer high payouts on some assets and under certain market conditions, for example, if a large volume of traders have selected up/high on a major forex pair, then the brand could offer larger payouts in the opposite direction.
Alternatively, some binary options brokers with high payouts may compensate for the incentive by charging higher deposit/withdrawal fees and other account charges.
Head to our full guide to find out how to compare binary options brokers with the highest payouts.
Does Nadex Offer High Binary Options Payouts?
Nadex offers US-style binary options which work differently than European-style binary options. Here, percentage payouts aren’t offered and the price of the binary lies between $0 and $100. You open the contract at a value between 0 and 100 USD. If you are successful then you receive $100, and if you are unsuccessful, you receive $0. The contract can also be traded (bought and sold) before the expiry time.