Highest Payout Binary Options Brokers

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Written By
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Written By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Edited By
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Edited By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
Updated

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

Click a broker for details
  1. 1
    World Forex
    100% Deposit Bonus

    $1
    0.01 Lots
    1:1000
    SVGFSA
    Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
    MT4, MT5
    Wire Transfer, Debit Card, Credit Card, Visa, Mastercard, Google Wallet, Apple Pay, Perfect Money, Bitcoin Payments, Volet
    USD, EUR, RUB
  2. 2
    IQCent
    20% to 200% Deposit Bonus

    Ratings
    2.5 / 5
    3.3 / 5
    2.4 / 5
    4.3 / 5
    3.8 / 5
    2.5 / 5
    3 / 5
    2 / 5
    4.3 / 5
    4.1 / 5

    $250
    $0.01
    1:500
    IFMRRC
    Binary Options, CFDs, Forex, Indices, Commodities, Crypto
    Online Platform, TradingView
    Credit Card, Debit Card, Wire Transfer, Bitcoin Payments, Ethereum Payments, Visa, Mastercard
    USD, EUR
  3. 3
    Videforex
    20% to 200% Deposit Bonus

    $250
    $0.01
    1:500
    Binary Options, CFDs, Forex, Indices, Commodities, Crypto
    TradingView
    Skrill, Perfect Money, Bitcoin Payments, Neteller, Credit Card, Visa, Mastercard, Ethereum Payments
    USD, EUR, GBP, AUD, RUB
  4. 4
    CloseOption
    $10 Welcome Gift

    $5
    $1
    National Bank of Georgia
    Binary Options on Forex & Cryptos
    Own
    PayPal, WebMoney, Mastercard, Perfect Money, Wire Transfer, Bitcoin Payments, Ethereum Payments
    USD
  5. 5
    BinaryCent
    20% - 200% deposit bonus

    $250
    $0.01
    1:500
    VFSC
    CFDs, Forex, Stocks, Cryptos, Options, Commodities
    Own
    Visa, Mastercard, Debit Card, Credit Card, Skrill, WebMoney, Neteller, Bitcoin Payments, Wire Transfer, Perfect Money, Ethereum Payments
    USD
  6. 6
    RaceOption
    20% - 200% Deposit Bonus

    $250
    $0.01
    1:500
    Binary Options, CFDs
    TradingView
    Credit Card, Debit Card, Bitcoin Payments, Neteller, Skrill, Perfect Money, Mastercard, Visa, Ethereum Payments
    USD, EUR, GBP, AUD, RUB
  7. 7
    Pocket Option
    50% Deposit Bonus

    Ratings
    2 / 5
    3.5 / 5
    2.5 / 5
    3.5 / 5
    3.3 / 5
    3.3 / 5
    3 / 5
    3.5 / 5
    4 / 5
    4.2 / 5

    $50
    $1
    MISA
    Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
    Web, MT4, MT5
    Wire Transfer, Credit Card, Bitcoin Payments, Volet, Perfect Money, Visa, Mastercard, Debit Card, WebMoney, FasaPay, Ethereum Payments, Maestro, JetonCash
    USD
  8. 8
    Binarium

    $5
    $1
    Forex, Stocks, Cryptos
    Own
    QIWI, Yandex Money, Bitcoin Payments, Neteller, WebMoney, Wire Transfer, Visa, Mastercard, Credit Card, Debit Card
    USD, EUR, AUD, RUB

Here is a short overview of each broker's pros and cons

  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. BinaryCent - BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.
  6. 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.
  7. Pocket Option - Pocket Option offers ultra-short-term binaries from 5 seconds on one of the simplest web platforms for beginners. Payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. Considering the negatives, the suite of 130+ assets trails binary brokers like Quotex, which offer 400+.
  8. Binarium - Binarium is an experienced binary options broker offering access to a range of financial markets with a proprietary, sleek platform. New users can claim a welcome bonus up to $1,500 or practice in the demo account with $10,000.

World Forex

"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."

Tobias Robinson, Reviewer

World Forex Quick Facts

Bonus Offer100% Deposit Bonus
Minimum Deposit$1
Payout %100%
Expiry Times1 minute - 7 days
Copy TradingYes
PlatformsMT4, MT5
InstrumentsForex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Account CurrenciesUSD, EUR, RUB

Pros

  • Low deposit of $1
  • Several different account types with varied pricing structures
  • Demo account

Cons

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

IQCent

"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. "

Jemma Grist, Reviewer

IQCent Quick Facts

Bonus Offer20% to 200% Deposit Bonus
Minimum Deposit$250
Payout %98%
Expiry Times5 seconds - 1 month
Copy TradingYes
PlatformsOnline Platform, TradingView
InstrumentsBinary Options, CFDs, Forex, Indices, Commodities, Crypto
Account CurrenciesUSD, EUR

Pros

  • There's an accessible $0.01 minimum stake for new day traders with a small budget
  • 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%

Cons

  • IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
  • There's no automated trading support for algo traders
  • The broker is not overseen by a respected regulator, though this is common among binary options firms

Videforex

"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%."

William Berg, Reviewer

Videforex Quick Facts

Bonus Offer20% to 200% Deposit Bonus
Minimum Deposit$250
Payout %98%
Expiry Times5 seconds - 1 month
Copy TradingYes
PlatformsTradingView
InstrumentsBinary Options, CFDs, Forex, Indices, Commodities, Crypto
Account CurrenciesUSD, EUR, GBP, AUD, RUB

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

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

CloseOption

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

Tobias Robinson, Reviewer

CloseOption Quick Facts

Bonus Offer$10 Welcome Gift
Minimum Deposit$5
Payout %95%
Expiry Times30 seconds - 1 month
Copy TradingNo
PlatformsOwn
InstrumentsBinary Options on Forex & Cryptos
Account CurrenciesUSD

Pros

  • New traders can get started with a $5 minimum deposit
  • Free demo account
  • Multiple global payment methods are available

Cons

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

BinaryCent

"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."

Tobias Robinson, Reviewer

BinaryCent Quick Facts

Bonus Offer20% - 200% deposit bonus
Minimum Deposit$250
Payout %95%
Expiry Times5 seconds - 30 days
Copy TradingYes
PlatformsOwn
InstrumentsCFDs, Forex, Stocks, Cryptos, Options, Commodities
Account CurrenciesUSD

Pros

  • Payouts up to 95% are higher than most competitors and increases profit potential
  • Accepts a wide range of funding methods, including cryptos and e-wallets
  • Copy trading and binary options bots are useful for beginner traders

Cons

  • Not overseen by any reputable regulator, raising risks and reducing customer protections
  • Not available to traders based in the US
  • The $250 minimum deposit is higher than most binary options brokers

RaceOption

"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."

William Berg, Reviewer

RaceOption Quick Facts

Bonus Offer20% - 200% Deposit Bonus
Minimum Deposit$250
Payout %95%
Expiry Times5 seconds - 30 days
Copy TradingYes
PlatformsTradingView
InstrumentsBinary Options, CFDs
Account CurrenciesUSD, EUR, GBP, AUD, RUB

Pros

  • High payouts on popular underlying assets up to 95%
  • Sign-up bonuses from 20%, plus weekly trading contests and prize giveaways
  • First 3 trades are risk-free in the Silver and Gold accounts, with only $1,000 required to be eligible

Cons

  • Withdrawal thresholds apply
  • $250 minimum deposit is higher than other binary options brokers
  • Limited educational resources

Pocket Option

"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."

Jemma Grist, Reviewer

Pocket Option Quick Facts

Bonus Offer50% Deposit Bonus
Minimum Deposit$50
Payout %92%
Expiry Times5 seconds - 4 hours
Copy TradingYes
PlatformsWeb, MT4, MT5
InstrumentsBinary Options, Currencies, Commodities, Stocks, Indices, Cryptos
Account CurrenciesUSD

Pros

  • The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders
  • The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries
  • Well-funded traders who deposit $1000+ can qualify for a 2%+ payout boost, more tradable assets and exclusive perks

Cons

  • Pocket Option offers a slimmed down iteration of the MT4 and MT5 that doesn't provide the full charting package for advanced traders
  • The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month
  • You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available

Binarium

"Binarium is a good binary options broker for traders looking for an experienced brand with low deposit requirements and a welcome bonus."

William Berg, Reviewer

Binarium Quick Facts

Minimum Deposit$5
Payout %80
Copy TradingNo
PlatformsOwn
InstrumentsForex, Stocks, Cryptos
Account CurrenciesUSD, EUR, AUD, RUB

Pros

  • Community forum platform
  • Enhanced educational features
  • Segregated client funds

Cons

  • Unregulated
  • Limited trading instruments
  • Lower payouts than other binary options brokers

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.