Although you’re probably excited about the prospect of making money with binary options like so many before you, there’s a major roadblock standing between you and your dreams: a broker. Without binary options brokers, no one would be able to grow their funds. However, if you don’t pick a reliable broker who knows what they’re doing, you will most likely find yourself with all kinds of problems, including a lot less money than you started with. Here are some elements that the best brokers have in common.
Good Site Security
You would think it would go without saying that any site dealing with large amounts of money would have great security. Unfortunately, this isn’t always the case. Too many binary options brokers took very little care in creating their websites. As a result, your bank account will be in jeopardy every time you log in and invest your money.
At the very least, your broker should be utilizing 128 bit SSL encryption. They should also make it clear on their site that they’re doing this, either with a certificate or just by putting it in writing. Don’t trust any site without certification with your money.