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

  1. 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.
  2. 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.
  3. 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.
  4. CloseOption - CloseOption offers binary options trading on 30+ fiat and digital currencies through an easy-to-use web-based platform. 15 contract timeframes are available from 30 seconds to 1 month, suiting both short-term and long-term traders. New users also get a joining gift.
  5. RaceOption - RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.

#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
  • Min Deposit: $1
  • Payout %: 100%
  • Expiry Times: 1 minute - 7 days
  • Bonus: 100% Deposit Bonus
  • Platforms: MT4, MT5
  • Instruments: CFD, 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

  • STP/ECN technology
  • A wide range of assets to trade, including via digital contracts
  • MT4, MT5 and a proprietary trading terminal

Cons

  • Withdrawal fees apply
  • No negative balance protection
  • Weak regulation

#2 - 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
  • Min Deposit: $250
  • Payout %: 98%
  • Expiry Times: 5 seconds - 1 month
  • Bonus: 20% to 200% Deposit Bonus
  • Platforms: Online Platform, TradingView
  • Instruments: CFD, 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

  • CFD trading fees are competitive based on tests, including 0.7 pips on major forex pairs such as EUR/USD
  • IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
  • The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies

Cons

  • There's no automated trading support for algo traders
  • IQCent trails binary brokers like Quotex with its narrow investment offering of around 100 assets with no stocks
  • IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month

#3 - 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
  • Min Deposit: $250
  • Payout %: 98%
  • Expiry Times: 5 seconds - 1 month
  • Bonus: 20% to 200% Deposit Bonus
  • Platforms: TradingView
  • Instruments: CFD, 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 allows you to enter positions with just ¢0.01
  • The support times are fast and reliable based on tests - few brokers offer 24/7 multi-lingual video support
  • You can easily mirror the trades of experienced investors with low fees

Cons

  • No MetaTrader 4 integration
  • US clients aren’t accepted due to legal restrictions
  • The broker isn’t overseen by a trusted regulatory agency

#4 - CloseOption

Why We Chose CloseOption

CloseOption offers binary options trading on 30+ fiat and digital currencies through an easy-to-use web-based platform. 15 contract timeframes are available from 30 seconds to 1 month, suiting both short-term and long-term traders. New users also get a joining gift.

"CloseOption is a good pick for traders seeking a user-friendly binary options platform with high payouts and joining bonuses."

- DayTrading Review Team
  • Min Deposit: $5
  • Payout %: 95%
  • Expiry Times: 30 seconds - 1 month
  • Bonus: $10 Welcome Gift
  • Platforms: Own
  • Instruments: Forex, Crypto

About CloseOption

CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.

Pros

  • CloseOption offers weekly trading tournaments with cash prizes
  • New traders can get started with a $5 minimum deposit
  • Multiple global payment methods are available

Cons

  • Clients need to deposit $50,000+ to qualify for the best payouts
  • CloseOption is not regulated by a well-regarded trading authority
  • Binary options are only available on fiat and digital currencies

#5 - RaceOption

Why We Chose RaceOption

RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.

"RaceOption will appeal to traders new to binary options looking for copy trading, contests and 24/7 customer support. Experienced traders will also appreciate the account-based perks and bonuses."

- DayTrading Review Team
  • Min Deposit: $250
  • Payout %: 95%
  • Expiry Times: 5 seconds - 30 days
  • Bonus: 20% - 200% Deposit Bonus
  • Platforms: TradingView
  • Instruments: CFD, Forex, Crypto

About RaceOption

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

Pros

  • Well-optimised proprietary mobile trading app with instant execution, full trading history and responsive live charts
  • High payouts on popular underlying assets up to 95%
  • Sign-up bonuses from 20%, plus weekly trading contests and prize giveaways

Cons

  • Limited educational resources
  • Withdrawal thresholds apply
  • Unregulated broker with lower safety score

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:

  1. 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.
  2. 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.

Highest payout binary options brokers
Quotex Payouts

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.

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.

Quotex

Quotex offers a bespoke trading platform with a sleek design and trading signals.

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.