Binary Options Trading – Brokers, Signals, Strategies & Courses provides in-depth reviews of binary options brokers, binary options signals and a complete binary options trading course for Australian and international traders.

If you are new to binary options please read on for a quick-start guide to binary options trading (I highly recommend joining our free course).

For more advanced traders I recommend checking our binary strategies.

Step 1

Join our free binary options course

Who is this course for?

This course is for beginner stock traders, professional stock traders, traditional options traders and Forex Traders.

Understand Trends – Here are the common trends
  • uptrend
    Up Trend (Bullish)

    Down Trend (Bearish)

    Neutral Trend (Sideways)
  • The "candle sticks" in the graphs represent a “time” period. However you can change the time period to 1 min, 5 min, 1 hour, 4 hours and so on, depending on what expiry you choose.
Best Stock Charts

Step 2

Investment Amount

The goal is to win more trades than you lose. Accept that no system is perfect and its normal to lose some positions you open.

Here is my strict rules of investment size on each trade – each position should not represent more than 5% of your account balance.

$200 $10
$500 $25
$1000 $50
$5000 $250

Step 3

register a broker account

Create an account via any of the brokers listed on my site. There are several to choose from however I strongly recommend Banc De Binary.

Create an account at these recommended brokers
Broker  Minimum Deposit Join
banc de binary Banc De Binary $250 Join Review
24option 24option $250 Join Review
HighLow HighLow $10 Join Review

I personally have over 5 registered accounts which covers all the available assets especially if one asset is not available you can access it via another broker.

Having multiple binary option brokers is a must for serious traders.

Step 4

Best times to trade binary options
Forex market hours for the various exchanges around the world are
Sydney 8:00 am to 4:00 pm AEST
Tokyo 10:00 am to 6:00 pm AEST
London 7:00 pm to 3:00 am AEST
New York 12:00 am to 8:00 am AEST
The highest volumes are traded when markets overlap and the best time to place trades And take advantage of the markets volatility during these hours.
Sydney and Tokyo Between 10:00 am and 5:00 pm AEST
London and Tokyo Between 7:00 pm and 8:00 pm AEST
New York and London Between 12:00 am and 4:00 am AEST
The best times to trade popular currency pairs are:
GBP/USD Between 0:00 pm AEST and 3:00 am AEST
EUR/USD Between 0:00 pm AEST and 3:00 am AEST
AUD/JPY Between 11:00 am AEST and 6:00 pm AEST

About Binary Options Trading

Binary options, also referred to as "digital" or "all-or-nothing" options, provide the investor with either a fixed payout if the criteria of the option are met or nothing at all. The options are therefore binary in nature because there are only two possible outcomes.

Binary options are defined in terms of a strike price (payout threshold), a maturity date, and an underlying reference unit, commodity, instrument or security price (the underlying). Binaries are sold in exchange for an up front premium payment and both calls and puts are available.

Types of binary options

The two main types are the cash-or-nothing binary option and the asset-or-nothing binary option. The cash-or-nothing binary option pays a fixed amount of cash if the option expires in-the-money while the asset-or-nothing pays the value of the underlying security.

The three other most often used types of binary options: one-touch, no-touch, and double-one-touch/double-no-touch work in a different way.

In a one-touch option, the contract ends as soon as the asset prices reaches a predetermined level. In this case, an investor has to decide whether or not the asset price will ever reach that level during the duration of the contract, not whether or not it will actually finish at that level.

A no-touch binary option is the inverse of the one-touch binary option. Rather than the contract ending if the asset price reaches a certain level, the contract is paid out if it expires without that certain level ever having been reached.

In the double-one-touch and double-no-touch binary options, instead of there being just one predetermined level, there are two. In the case of a double-one-touch binary option the asset price must touch on both of those values for the contract to pay out. In the case of a double-no-touch binary option, the asset price must avoid touching either of those levels to pay out.

Where Binary Options are used

Binaries are widely used where the underlying instrument is a commodity, currency, rate, event, or index. The Option buyer can achieve a significant payout based on a small move in a financial instrument as opposed to standard options where the market usually has to shift markedly for there to be a payout.

A binary option is usually priced at the current market and a potential return based on the short-term movement of the financial markets. Options traders have to assess the strike price, the underlying price of the financial instrument and the implied volatility of the underlying financial instrument and decide if there is value in the call or put that they are intending to purchase.

Short-term binary options eliminate most of the issues related to standard options with the only basis for a successful trade being whether the option is above or below your price after a specific expiry time.

Latest Complaints

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  • i m trading in binary option from last 6 year, every company have problem as u earn of ur deposit they manipulae price, its not new but some regulated broker r also doing fraud from starting in which banc d binary and iqoption having top name and all binary marketing website telling thse 2 broker r top. please stop all thse and put only fair and genuine broker. beacuse its very hard earn money of public .

  • Just joined Banc de Binary, and got Zulu trader- get to see what the best traders do ,,,, what do you think, plus big congratulations on your work Chris,, very impressed and very helpful,
    Thanks :-)

  • Hello Chris, I want to purchase Auto Binary Signals, and I want to ask you if i can use it with my brokers 24Option, TopOption, Anyoption and TradeThunder?? Thanks!

  • HI Chris
    just filled out the complaint from your link.. where does the complaint end up.. because I have already complained to banc de binary…

  • Hi Chris, there was a post the other week from Philip Theopanous regards Bloombex Options brokers, and how he couldn’t get money back from them. Did you have any comment on that as I can’t see it anywhere? I have just opened an account with a small deposit and am concerned about building it after reading his post. Thanks

  • I was contacted by banc de binary … they said to me if I made a deposit that it would be matched by them (which they did) also said if I lost a trade the money would be refunded within seconds of the loss (as money)(which did not happen) …they did not say that it would only be returned as a bonus this was explained to me by Ian Johnson(complaints section) he admits what was told to me was wrong the best he can do for me is give me a $2000usd bonus.. I made a deposit of $4500 I got from my superannuation.. fund banc de binary put in $4500 (9000) then started trading on the promise that my money would be returned if a trade had lost.. I live in Australia so I do not have any course of action…what to do next..

    • Hi Carmelo,

      You should post a complaint here.

      If they even admitted they were in the wrong you should have a good case for some refunded or compensation in my opinion.


      • Thanks Chris
        the money back guarantee was not in writing.. but looking at the way trades were placed my account was always emptied on trades.. when I use your link what do I select and do..

  • Daniel Arturo Acosta Garcia 08/01/2016 at 1:28 pm

    Chris, is there any binary options low deposit broker that works under metatrader 4 (mt4 platform) that you could recommend to me?
    I have searched the web for it and found some that could be a scam…

  • Chris,

    Would you suggest binarybook for binary options as I found myself there without much knowledge of this sort of trading?

  • is a SCAM.

    Please advise all others not to deposit money with them . PERIOD

  • HI Chris, thank you for posting my complaint about UK Options, for Unwanted Bonus. Yes i got my initial deposit of $3250.00 back, but they will not give me my profits because i got my bank to do a chargeback on my credit card.They put a bonus in my account after i told them i did not want any bonus and i was unable to withdraw or even contact anyone there at all, they would not take my calls or return my emails.

  • Chris,
    how do I make a Complaint about goptions
    I have a retail account without any bonus.
    I have requested two withdrawals, the first early octobe the second early dec both this year
    they have approved both withdrawals but not sent any money.
    The deposits to my account was done back in March this year, so the bank say that they cannot do a charge back
    What are my options to get the money back this is $16000.00
    Please do not recomend them on your site as they are scum

  • hi, I just started to trade I trading in iq option account. would u recommend this account and is this right that they ask for a passport or vailed photo id? after I get the money how can I take them out from the account to use them?

  • Hello Chris,

    Have you seen Ultimate 4 Trading program. if so what is your opinion?

    • Hi Andrew,

      I have not heard of it but the website is totally down for me?


      • sandeep Harkala 08/12/2015 at 1:26 pm

        Hi Chris,
        I recently started trading forex and Binary options. I am watching your course videos. those are very helpful. I signed up with 24option few weeks ago.
        they are advising me to deposit 10k usd to be able to get signals and for better money management. But, I am bit sceptical about their offer, I wonder why would they offer me winning signals which could be potential loss for them. I would like to know how would this Binary brokers make money .if they make money from win:loss ratio of their clients , how can we trust their signals? Please explain about this .
        thank you very much,

  • Steve Zafirelis 03/12/2015 at 2:55 pm

    I started trading with Banc De Binary and all was well until I tried to take out the money I had made. They told be to sell some stock which I did and have now lost all my money is there anything I can do to recoup my losses.

  • hi chris

    firstly wanted to say thank u for your videos extremely helpful for a first time user. please can you advice me on what signal company to use as I have a banc de binary account and im looking for a software to help with signals for this platform I tried to use profit in 60secs but it doesn’t work the site is just shut down please could you comment


  • Hi Chris, I am a novice in binary options and struggling to cope up with. Now I am in such a situation that I am just swallowing everything I get here and there. As a result I am just nowhere! Recently I got an email invitation to join Channel Ranger
    But I am confused. Please tell me if this type of things really work in binary options or this like just another scam. The video is really convincing. I have not decided yet to go with it. So I will be waiting for your suggestion. Thank you.

    • Hi Russel,

      Its a scam.


      • hi ai have a account in iq option are they any trusted Company regard sven midholm
        wath about this complains in your site is 24 options any good broker were should ai put my small invest Money to trust a broker in your oppinion

      • hi ai have a account in iq option are they any trusted Company regard sven midholm
        wath about this complains in your site is 24 options any good broker were should ai put my small invest Money to trust a broker in your oppinion your site is not working so good running forwrd and back al time

  • Hi chris

    Im new to the binary options thing Ive been going through your youtube videos trying to see the best signal providers to go looking for a reliable and quite a few signals per day and was wondering what you would advise.also where do I find real time charts you had on youtube

  • In the scheme of binary options companies where does the company Beeoptions, based in London, fit in? I have never seen in listed on any of the reccommended lists anywhere on the net.

  • Michael Patterson 29/10/2015 at 10:41 am

    Hi, I value the Daily trade signals but I would like to know why the signal expiring 28th Oct came on the 29th Oct ?. After following the signals for the 27th October successfully I checked the site on the 28th for more signals but there was none. Then on the 29th Oct, 6am Perth time I get an email with signal to sell the EUR/AUD but the expiry was the 28th. What is happening ?. Cheers Michael

  • Have you ever heard of the company Elite Option?

    I am curios if it is a scam binary options company.

  • Dear Chris: I have a couple of questions, first to let you know that I have never traded binary options before, but I have been kind of demo trading for the last four months using charts from trade station . I have been trading the 60 second options with good success but now I am thinking that maybe I don’t know what I am doing. I just inquired about opening up a real Demo account with a company, however they tell me even though they have the sixty second option their platform doesn’t display a sixty second chart. The problem for me, its what I have been using the last four months with great success. I have had losses but I have not had a loosing Day. I use sixty second candlestick Heikin Ashi charts. I have found that 60min,30min,15min, and the 5min charts may give you trend but the 60sec has a life all its own. Companies seem to be offering sixty second binary options but they want me to make my decisions by looking at a five minute and up chart, is there something I am not seeing? Can you shed some light Chris? Thanks Denis

  • Chris
    Are you able to send me trading signals at a good time of day. I am in Queensland

  • Hi Chris,thanks for your advice and trade signals over the last few months ,been a big help
    I recieved this from a company calling it self the DOW JONES FOCUS GROUP .are they a LEGIT company ..

    5:36 PM (4 hours ago)

    to me

    Why is this message in Spam? It’s similar to messages that were detected by our spam filters. Learn more
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    Thank you for being my loyal subscriber, I appreciate it.

    Here’s a free gift just for that:

    =>> Download Your Gift Here…

    It’s only for you, so please don’t give it away or share it, thanks!

    Happy Trading!

    If you don’t want to get any more e-mails please


  • hi chris, 2mro I was going to make an account with banc de binary, iv already sent documents for verification, do you really recommend this broker?, because I am reading a hell of a lot of scam reviews, about people not getting their money, have you ever had any problems with withdrawing from them? because I really don’t want to be taken for a ride, I really want to deposit to get started but, would like to hear first hand from someone who has traded with them..

    • Hi Carl,

      Banc de Binary is a regulated broker who follow the rules. I advise to read all their T&C in regards to deposit and withdrawals and bonuses. I recommend not to accept a bonus, you dont need it.

      Once your account is verified, I would then deposit and trade. Once you request a withdrawal it will be processed.


      • Thanks Chris, I weren’t going to accept a bonus anyway, or have anyone trade for me, I have read most of the terms as conditions, was just a bit worried with all the bad comments they have had.. Thanks for the advice mate, and thanks for this site, I have learned a lot.. Keep it up buddy..

        • Hi Carl,

          Glad to help.

          Good luck with your trading.


          • hi chris, I deposited today, im still awaiting full verification, as they only partialy verified me, but since iv deposited iv received email from option fm saying thanks for your email, something about third party, and something about cant guarantee software.. I haven’t sent no emails, or asked for any software.. is this normal?

          • hi chris, could you help me please, they have sent me a trading central application, but it also says bonus application, which I don’t want a bonus, but I just spoke with them, and they say its the terms and condtions for the company not the bonus application, can you confirm this please..

      • Hi Chris ,regarding Banc De Binary ,I had a bad connection with them,being a new trader I put my faith in their so called expertise and it ended up costing me nearly 40grand ,Their reply was and I quote “”well we made some wrong calls there you,ll have to refinance and we,ll try again “”end quote .I complained to their managing director and he appolgize for the agents incompetence and appointed another but ,I soon found out he was just as bad .
        The first guy 20 trades and not one was any good ,10 trades from the other guy and the same result .So Banc De Binary is a no no in my book ,and I wouldnt recommend them to anyone ,and you are right ,you dont need the bonuses
        Regards Francis

        • Jeffrey Molison 10/01/2016 at 7:59 am

          I agree with you Francis regarding Bancdebinary and their brokers. I have an exact similar experience as you regarding Bancdebinary 2 brokers who gave me 100% lost signals and end up losing all my investment with them within a matter of days. I was actually very sceptical when they asked me to put a trade of between 1,700 to 3,000 usd per trade but they forced me to do it citing that the signal that they gave me is a VIP Signal with 99% winning rate.
          Prior to that they made a numerous withdrawals from my credit card without my knowledge the following days despite their assurances that they only want me to deposit a minimum amount of 250 usd as what we agreed with each other. When i received a notification through my cellphone that a transaction had been done by them i straightaway attempted to make a withdrawal of the amount but they didn’t allow me to do so by cancelling my withdrawal despite the fact that i didn’t receive any bonus from them . Then their 2 brokers forced me to trade untill all my money with them were completely gone. My advice to any new traders is Don’t ever give the details of your credit or debit cards to any brokers even if they promised to destroy the cards details after getting the initial deposit as what Bancdebinay promised me when they asked me for the deposit of 250usd only.

  • Hi Cris,
    I bought the “Auto binary option signal” software, after watching your reviews & real time video. You have entered trades with 80% trends. But in my case, even with 85% trend with 2 correlations it fail. When I test with demo it is a totally failure. Could you give me you best valueble instruction to have success trades by this software pl. It is fine if you could send me an email.

    • Hi Herath… Same here… I had the same problem… Even up to as high as 97%… I even followed their recommendation to take the trade at the start of the signal, taking trades only above 87%… Still a failure… And its not like the trade is just fluctuating on the market price you traded on… For example… When ABS says its 97% down, I immediately started trading down on the start of the signal… But what happened was the price went way way UP, up until the end… There is just no fixed correlation with ABS… Still a bit of a gamble…

  • Hi Chris

    You need to scrub the favourable optionFM video review, as there is ample evidence of their fraudulent misrepresentation and abusive or intimidatory interactions with clients, especially around times of money withdrawal. I’m happy to supply compelling evidence from recorded conversations of a major malpractice leading to a loss of hundreds of thousands of dollars.

    Your inadvertent promotion of Option.FM, based largely on a “thin” review of the superficialities of the trading platform, ignores totally the reality of dealing with unscrupulous people in a company geared to exploit many of its investors. To balance the inadvertent promotion of Option.FM, you actually need to replace your “positive” video review with an equally prominent cancellation of that review, with a warning message. Otherwise you become part of the scam.

  • Hello Chris,

    What are the best settings for the Binary Option Robot when trading in Australia

  • Hi Chris/

    How R U? I see here the image of Up Trend (Bullish), Down Trend (Bearish), Neutral Trend (Sideways) but unable to see the live view. Please tell me where should I get this and, thanks.


  • Hi Cris,
    Here is another attemps to get info on this platform.
    Option-World, a spot option platform.
    Please let me know any feedback.

  • Sajeev Sonny Azhakesan 20/09/2015 at 12:29 am

    Hi Chris,

    I posted a comment regarding my serious problems with GT Options, a broker I signed up to and deposited some money back in Aug 2015. I have had nothing but problems with this broker. It took them 2 weeks before I got a so-called adviser. He then told over a phone call what to do with the GT Options platform but would not answer any of my queries regarding the platform (e.g. hows and whys). Since then, I have left nuemrous phone calls to him and the GT Support team (who are a joke) – neither have returned my calls or answered my emails for help…and this is after 3 weeks of repeatedly contacting them! Can you advise me on what to do as I am getting angry and frustrated?

  • Hi, Chris I can access todays recommended trade. EUR/USD pair after log in. Help

  • Hi Chris,

    Which brokers in Australia do you recommend?


  • hi christ
    i register with onetwotrade , do u have any complaint about this broker ?
    because i am very new to binary option , and also they got account manerger call me
    and teach me how to trade , is it ok? can we trust them? do my account maneger ,or my broker earning if i won?
    because i still not 100% understand , how they make money , if we all win
    can u explain to me thank

  • I registered with MarketsGear in hopes to select my Preferred broker, but they automatically Magnum options and will NOT let me connect with Any other broker and I sent them a message to alert them about this, but they never responded

  • Michael Omosomwan 02/09/2015 at 7:44 am

    Hi Chris,
    Most binary companies I did business with never paid back my funding and my profits when I tried to withdraw. Which one will recommend?


    • Hi Michael,

      Did you accept a bonus. I recommend all brokers here. Please read all the T&C before joining a broker.


      • Hi all, (including Chris of course) just a note re brokers, I took HILOW, firstly they are ASIC registered, secondly, they were on Chris’s “recommend” list, AND they had unlimited “guest” accounts where you can log in to the Demo account as often as you like and every time there is a new $10,000 to “play” with and use it to gets heaps of experience and familiarise yourself with Binary trading with “NO RISK”. I joined HILOW at the beginning of August this year, enjoyed no fee Visa deposits from my debit card (instant) and opened a NAB account for the trading, and all withdrawals made before 2pm DO ACTUALLY appear in my NAB account pretty much 24 hours or less later . . . . and no charges. Extremely honorable and their ASIC accreditation game me heaps of assurance, and of course, they take it very seriously, and their bonus system works flawlessly

        A special thankyou to Chris for all of your honesty and very well put together training.

        In answer to another question “how to the brokers make money?” easy, they get paid by someone like Forex for all the trades they send their way, so they win, regardless of whether YOU end up in the money or not (Chris, you can correct me if I’m wrong) but this is why as soon as the news is out there that you are interested in binary trading, you will get constantly bombarded from all over, by phone and email trying to sell “their” service.

  • Hi Chris, thanks so much for all your support and tutorials, great help. I have deposited 3 trading platforms over 3 weeks ago, could you please consider sending me the sms alerts? Many thanks, Sharon

  • pls, reply with my status with private signal group thank you

  • Hi Chris,
    How are you?

    You send me signals but i cannot access the PUT or CALL information.
    Is there anything i am doing wrong on your site
    Hope you can assist

  • Hi Cris,

    I am looking for info on a broker Option-world, using Spot option platform.

  • Hi Chris, thank you for all your videos. They are really educative. I have a serious problem with my broker and I want to discuss with you privately. kindly let me have your email. Above is mine.

  • Hi Chris,

    I’m totally green when it comes to Binary options and have just downloaded Binary options robot with VIP access. The broker I signed up with is Tradorax with min amount of $250.

    I need to know from your experience what the best course when trading on the robot.
    If you are in Melbourne please email me as I would love to catch with you.


    • Hi I have tried a number of so called Robots and the only thing they do Robotically is drain your account of money BEWARE

  • HI Chris, I joined cherry trade through your site, I was to have access to the private signals group, i joined face book and twitter sometime ago, how do i find them?

    respectfully submitted:

    robert tucker

  • I have withdrawn 750 usd at my acct. In banc de binary and its been a month now since they told me that my money is on the way.what should i do.?

    • Hi if you received a bonus there are very specific criteria to be meet such as so many trades to be made before any withdrawals allowed you need to read the terms and conditions before accepting any bonuses from anyone Beware

  • Patricia Herandien 18/08/2015 at 4:32 am

    Can someone please contact me on 0731364770. I would like to know what is going on in my account. Thank you

  • I’ve signed up for CherryTrade and the privatesignalsgroup using my email. I’m looking forward to RAVI’s signals with the 80 to 100% win rate. After seeing your review of IQoption i’d like an account with them as well. Since I’m currently a USA resident, (but hopefully, very shortly a UK resident of Scotland), I’m exploring Offshore legal options with that’s run by Arturo Lopez, a well known MQL4/MQL5 coder and trader. His indicator and EA site is Do you recommend his service or do you have other recommendations?

    PS: See reggytrades on twitter for many 100% winning trading sessions, many with before and after screenshots. Since I have time constraints at the moment, I’m automating entry alerts on SierraCharts, and expect to move up my results several orders of magnitude. Maybe I’ll qualify as a signal provider?

    Thanks for doing a great job.

  • is goption have min investment option of 5dollars per tarde?

  • Gabriela Vrzalova 10/08/2015 at 1:41 pm

    Hi Chris,

    first I want to thank you for the lessons, they are very informative. I open account with Top Option, do you have any experiences with them ?

  • Hi chris

    How are your results with binary options robot and binary options auto trader to date would like to know if you think its worth trying



  • Hello Chris,

    I e-mailed you the other day about signals365. But you did not respond. I purchased the product this past Sunday and I never got the creditials to get onto and start to use the site. Can you help me please?

  • Hello,

    Which signal provider do you recommend the most ?

  • Hi Chris

    New to online trading, thank you for your online info.

    Can you please let me know if I register with broker High Low what signal can I use with them.


  • hi. i tried your basic trading strategy for binary options with moving verages. i succeeded in the very first 2 trades i did but the rest (about 6) were all losses. As soon as i press my desired button the trade goes in the opposite direction even though going in the first direction initially. Is there something i could be doing wrong? please help me

  • hey chris just watched your video on .5 decimal strategy video when you loose on a one hundred pleas try placing down a three hundred or five hundred and this final trade will win
    please give it a try,
    yours ed,

  • hey chris my music business partner is from Australia were in nashville tn
    I just put 500 in a cherry tree account it looks easy on your videos
    now it doesnt look the same need help not getting signals yet im verified money in account thanks mate

  • Igbinoba Samuel 11/07/2015 at 1:02 am

    Please, I want to open an account with Iqoption, can you send me trading signals for that pls? Awaiting your response

    Thank you

    Mr. Samuel

  • I opened an account with goptions and account is funded and verified. I am not getting signals yet. My mobile number is 480 250 7228. Can you help?



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