Brokers are responsible for trading in the market, serving as intermediaries
between buyers and sellers, charging a commission or percentage of the investment amount.
To make investments in Forex or Binary Options you need to use a regulated Broker.
The process of selecting your broker is perhaps the most important step to start trading in the world of Forex Binary Options. There are many aspects to consider.
As we have already mentioned, Horizon Trading Signals has already gone through this difficult process and we have tried different trading systems and brokers.
Thanks to that experience we have learned certain aspects of the business and we want to share our knowledge with you so that you do not make the mistakes that we have already made.
Here are some of our recommendations when choosing a Broker:
Check that the broker is registered/regulated. Many websites of some brokers mention many certifications and acknowledgments that may not be true.
Be detailed in your search. Search for Binary Options brokers that are registered and regulated in the same country.
Check that your funds are in a separate account from your broker (segregated account). That means that your account is separate from the broker’s account, i.e., they are not commingled.
When searching for the right broker for you on the Internet, enter in your search the names of the regulators, for example: “FINMA regulated binary options brokers” and examine in detail the results you obtain. Investing time in getting a reputable broker is your first step in being successful in this field.
Avoid bonuses that brokers offer you if you start an account with them. This tactic is usually a trap for you to open an account, but the disadvantages often outweigh the benefits. In most cases, bonuses limit your ability to withdraw funds or other implications that are not worthwhile.
Read the content of the contract carefully as it relates to withdrawing funds. Some brokers have confusing terms, and it is important that you understand everything well so that making your withdrawals is a problem.
The Payout Percentage is crucial. All brokers offer different payment rates from 60% to 90%. Consider the following: your broker pays you 90% on your investment every time you win, your performance will be much better than if your broker offers you 65% of Payout.
PLEASE DO NOT pay attention to those “account managers” who call you by phone to deposit more money or to manage your account, promising you huge returns. This type of tactic represents a notable conflict of interest between the parties because if you win, your account manager does too, but if you lose, your manager does not lose anything. Reputable brokers will not call to request more money. Remember, it is YOUR MONEY, and it is you who should make your investment decisions.
Our signals focus on a Binary Options model called Up/Down, based on a simple proposal of Yes or No. You simply have to decide if the value of a pair of currencies will go up or down in a given time. When in search of your broker check if it offers this trading system for Binary Options on your platform.
Get specific information about brokers. Look for details about the organization, available capital, the banking entity that supports them, as well as the services, products, and type of market in which they operate.
Take into account the language, time differences, and availability of brokers’ communication channels to help or advise you on what you need.
Below is a list of Brokers that offer Binary Options Up / Down and are regulated by qualified agents. This selection does not indicate any endorsement on our part; they are only a guide that suggests what to look for when choosing your broker. These brokers do not have any relationship with Horizon Trading Signals. You may choose any broker of your preference, including those not mentioned in this list.
Financial Markets Supervisory Authority (FINMA), Switzerland
AUD/JPY, AUD/USD, CAD/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY
Financial Markets Supervisory Authority (FINMA), United Kingdom
AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY
Financial Markets Supervisory Authority (FINMA), Australia
USD/CHF, AUD/USD, XAU/USD, GBP/USD, USD/CAD, EUR/AUD, EUR/USD, AUD/JPY, USD/JPY, EUR/JPY, NZD/USD, GBP/JPY
Financial Markets Supervisory Authority (FINMA), Australia
AUD/JPY, AUD/NZD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, USD/JPY
An online broker is a term used to refer to brokers who conduct business operations in the market through electronic systems rather than people.
Online brokers make their transactions through trading platforms from any place connected to the Internet, which allows their costs to be lower and their services more efficient.
Swiss Financial Market Supervisory Authority FINMA (www.finma.ch/en/)
German Federal Financial Supervisory Authority BAFIN (http://www.bafin.de/en/)
Australian Securities & Investment Commission ASIC (www.asic.gov.au)
USA Commodity Futures Trading Commission CFTC (www.cftc.gov)
New Zealand Financial Market Authority FMA (www.fma.govt.nz/)
CNMV – Comisión Nacional del Mercado de Valores (España) (https://www.cnmv.es/portal/home.aspx)
Be very careful with brokers that are regulated by agencies in Cyprus, Malta, Belize, Gibraltar, etc.
We do not recommend any particular Broker, but please read the “Brokers. How to select them?” Section so that you know how to choose the best option for you.
Part of our philosophy is to have no conflict of interest with our customers. We only guide and offer signals. We do not receive any compensation from brokers for referral or are associated with any of them. Other signal providers lack these attributes when it comes to conflict of interest. We believe that our incentive should be to attract customers for the quality and transparency of our service and not to have income from referral or advertising payments.
The first condition to distinguish a good Broker is that it is regulated. Brokers worldwide are regulated by qualified and authorized agencies that handle everything related to Trading activities. On our page, you can find a list of Regulated Brokers that offer Binary Options.
There are several ways to charge but to calculate the cost will all depend on the amount of capital and the type of investment you want to make.
Online brokers differ from traditional brokers basically because they work through the Internet. This system allows them to offer their customers certain competitive advantages in terms of costs, as they do not have large staff or expenses for premises or offices. Another advantage is that online operations are usually much faster, but otherwise, the service is as reliable, secure and professional as the face-to-face.
“Of all the signal providers Horizon Trading Signlas is without a doubt the most professional. The fact that they let you pick your own broker and post their results of their signals daily indicates that they are for real. Highly recommended.”
“What I like about Horizon Trading Signals is that they provide you with a signal and don’t force you to sign up with a broker of their choice. I have had very bad experiences in the past with brokers that have been forced upon me and was even unable to withdraw money from one as they shut down their website and I never heard from them again. But that’s just my problems with the broker, as far as their signals go I have had a very positive experience so far and they are very easy to read. First time that I actually made money with a signal provider!”.
“Best service I have used yet and I have used many! Love the freedom of picking my own broker and love the “Expecting Trading Signal” message that I receive letting me know that I should be alert”
“Best and most sincere guide to choose your broker. Horizon website in the only one I know that tells the reality about what a bad broker could do to you”.
Investments in securities, commodities, currencies, derivatives and other investment options are speculative and involve high degrees of risk. You could lose all or a substantial amount of your investment. Each investment is unique and entails unique risks. You should carefully read any and all offering materials and related information for specific risks and other important information regarding any investment, and consult with your advisors, before investing. This website does not list, and does not purport to list, the risk factors associated with any investment. The past trading performance of any trading program or instrument discussed herein is not indicative or a guarantee of future results.