Yandex.Money Binary Options Brokers

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Yandexmoney Binary Options Brokers

There are more and more Yandexmoney Binary Options Brokers on the internet, and it’s no wonder considering how popular this payment method has become.

YM is an electronic payment service that was founded in 2002. Yandexmoney (Russian: Яндекс.Деньги) is based on the PayCash Platform and it’s popular mainly in Russia, however people from Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan use it as well. Lets see which brokers accept Yandex.Money deposits and withdrawals:

Binary Options Brokers that Accept Yandex Money

24Option: 24Option is the market leader, with the most traders. This broker has a great 89% payout and the minimum deposit is $250. 24Option offers a great 100% First Deposit Bonus to all new traders.

BancDeBinary: One of the most popular binary options brokers that accepts yandexmoney. BDB has a payout of 91% and more than 120 Assets.

Bloombex: Another popular broker that accepts Yandex payments. The difference to all other brokers is that bloombex also accepts US traders. The payout is 85% and the minimum deposit is $300.

Yandex Money vs Paypal – Which one is better?

Did you know that there are binary options brokers that accept Paypal? Paypal and Yandex are quite similar but their fees can vary depending on your country. If you already have money on your paypal account then stick to paypal and deposit to a paypal friendly broker, but if you already have money on your Yandex account then pick one of the broker sites above and deposit using Yandex.

Yandex.Money Alternatives

Skrill is one of the best alternatives for YandexMoney. Skrill is especially popular in Europe and has lower fees than Paypal. Skrill is an e-wallet where you can deposit your money and you can send money to merchants using your email address. Skrill is very safe and convenient because you don’t have to enter the 16 numbers of your credit card each time. You just log in to your account and send the money. Skrill is also one of the most popular payment methods on the binary options brokers. It’s easy, fast and the fees are acceptable.

Best Online Trading Brokers for 2020

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Recommended brokers for Russia

Demo Account Yes, Free $10,000 Demo

Trading Instruments Binary Options, Digital Options, Forex, CFD, Crypto

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Licensed by CySEC (European Union)

Demo Account Yes, Free $10,000 Demo

Trading Instruments Binary Options, Digital Options, Forex, CFD, Crypto

Licensed by CySEC (European Union)

Yes, Free $10,000 Demo

EN, RU, CN, ES, PT, IT, DE, FR and more

Credit/Debit Card, Wire Transfer, Skrill, WebMoney, Neteller

CySEC (European Union)

Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus

Credit/Debit Card, Wire Transfer, Skrill, WebMoney, Neteller

Binary Options, Digital Options, Forex, CFD, Crypto

Yes, min. account – $3,000 (Free entry into any tournament, Personal managers, Higher profitability rates)

Demo Account Yes, Free Demo

Trading Instruments Binary Options, Crypto

Licensed by VFSC (Vanuatu)

Demo Account Yes, Free Demo

Trading Instruments Binary Options, Crypto

Licensed by VFSC (Vanuatu)

USD, RUB, THB, CNH

Credit/Debit Card, Wire Transfer, Skrill, Neteller, Union Pay, Alipay and more

Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, St. Vincent and the Grenadines

Visa, MasterCard, Maestro, UnionPay, Skrill, Neteller, Payweb, PerfectMoney, Qiwi, Yandex.Money, Webmoney

Binary Options, Crypto

Yes, min. account – $2,500 (Personal manager, Priority withdrawal, Individual trading history analysis, Additional assets)

Demo Account Yes, $10,000 Free Demo

Trading Instruments Binary Options, Crypto

Licensed by Malta Financial Services Authority

Demo Account Yes, $10,000 Free Demo

Trading Instruments Binary Options, Crypto

Licensed by Malta Financial Services Authority

Yes, $10,000 Free Demo

EN, RU, PL, PT, ES, CN and more

EUR, USD, GBP, RUB

Credit/Debit card, Yandex Money, QIWI WALLET, WebMoney

Malta Financial Services Authority

Vasileos Pavlou, 60 Agios Dometios, 2360, Nicosia, Cyprus

Credit/Debit card, Yandex Money, QIWI WALLET, WebMoney

Binary Options, Crypto

Yes, from $1000 (Weekly cashback 10%, Analytical support online via skype and more)

Demo Account Yes, $10,000 Free Demo

Trading Instruments Binary Options, Crypto

Licensed by FinaCom PLC (Hong Kong)

Demo Account Yes, $10,000 Free Demo

Trading Instruments Binary Options, Crypto

Licensed by FinaCom PLC (Hong Kong)

Yes, $10,000 Free Demo

EN, RU, PT, ES, TR and more

Credit/Debit card, WebMoney

FinaCom PLC (Hong Kong)

42E Arch. Makariou III Avenue, Matina Building, 3rd Floor, Office 301 B, 1065 Nicosia, Cyprus

Credit/Debit card, WebMoney, Yandex Money, QIWI WALLET

Binary Options, Crypto

Yes, from $2000 (Payout 92%)

About Binary Brokers

All the most relevant and checked up information regarding binary options trading is in open access for you – on this site. Trading platforms presented here, first and foremost, guarantee a reliable protection of personal information and accounts of its customers from illegal, unauthorized access by third parties through the use of the most trusted security protocols (SSL / TLS).

You may be sure that all participants of “Binary options brokers” are security sector leaders. In this list we have selected only those companies that are regulated in accordance with the stringent requirements of the EU concerning the rules of business and financial transactions, namely the Cyprus Securities and Exchange Commission: Marketplace with CySEC license is the guarantor of a quality control system in business dealing, the protection of your rights, as a customer, and 100% insurance of your money in the safest banks.

The binary options trading is expanding rapidly in the world, and therefore we have long carried out a careful selection of trading platforms to choose really the best and most authoritative of them. You can observe the results for yourself – in our list, we have included the companies that provide the highest quality service with an excellent selection of assets and a high ceiling of maximum bet size. It should be noted that the participants of “Binary options brokers list” provide traders with services on VIP-level. A pleasant bonus is the fact that only the above areas can be most profitable to trade options on assets such as FTSE 100, NASDAQ and Dow Jones, Google, currency pairs (as EUR / USD or GBP / USD), oil of WTI and Brent, as well as gold and platinum.

We would like to draw your attention to the fact that the binary options make it possible to know exactly the size of the payment transaction and all possible risks before concluding a contract – this means that the trader is always aware of the movement of his/her funds. In this business, everything depends on your ability to work in the market, if a trader is guided by knowledge in the operation, not by emotions, the success will accompany him / her in each transaction.

By the time this article was written, the quotes for September futures for Brent crude on the ICE Futures Exchange had fallen by 0.27% or 0.17 p., to $63.20 per barrel. The cost of September futures for light WTI crude oil on the New York Mercantile Exchange NYMEX rose 0.12%, or 0.07 p., to $56.27 a barrel.

During the final trading session this week, experts noted a decline in the interest of market participants in oil assets. Several factors could influence this trend, especially of a political nature. First of all, we are talking about the unpredictability of the situation in the Strait of Hormuz.

RISK DISCLAIMER

Binary№1 is not a trading platform, but it only compares legally employed binary options brokers. Binary№1 shall not be liable for the information provided on the broker’s website. Binary options trading contains a high level of risk – trade only the money you can afford to lose.

Best Binary Options Trading Brokers for 2020

Below you will find a list of Binary Options Brokers that offer various binary contracts for trading. Although the term may appear to be very confusing, it’s not that complicated. A binary option is a sort of a contract with a value, expiration date and determined conditions of winning. By purchasing it, you technically make a bet. Most common wager is to predict whether the asset’s price will go up or down from a certain level and stay there until the option expires. Most tradable assets are currencies, indices and some commodities. There used to be much more brokers offering binary options, but many regulatory authorities placed restrictions and prohibited that kind of trading.

Binary options for the retail market were instituted in 2008 when the first description of this product was approved by the US Securities and Exchange Commission. The initial description of what is now known as US-style binary options was based on assets that were listed on exchanges, with traders pitting their bets against each other.

A short while later, a different model of binary options was developed and introduced to the world by brokers based in Europe and Israel. This model (European-style binary options) was essentially based on off-exchange trading of CFDs. However, what followed was years of unwholesome practices and remarkable scandals, which led to the shutdown of the industry in Israel by regulators there, and in the UK and EU region by the European Securities and Markets Authority (ESMA).

The industry is presently undergoing a self-cleansing, and we now have offshore brokers who are showing better commitment at playing by the rules and ensuring their clients get a good deal for their money.

What led to the near collapse of the binary options market?

The answer lies in only one direction: shady brokers and their agents all over the globe. But perhaps some portion of the blame can go to regulators, who were generally very slow in rising up to the occasion to protect the clients, whose money constituted the entire financial backbone of the market.

Brokers are meant to create markets for their clients to trade and are supposed to ensure transparency and safety of trading venues, while maintaining some level of neutrality. However, what occurred between 2020 and 2020 was a situation where a lacuna in regulation led to the emergence of fraudulent entities. These fly-by-night operators set up “brokerages” that were essentially criminal enterprises, specifically designed to rob traders of their hard earned cash. These scam brokers devised several means of ripping off their unsuspecting customers.

A) A common method was the use of call center agents, who unscrupulously obtained contacts of prospective traders and literally harassed them into making ever-increasing deposits, with promises of helping them reap bountiful returns on their investments.

B) There was also the use of volume requirements for incentive bonuses, which were tied to the ability to make withdrawals. Traders soon found out that achieving these volume requirements was practically impossible, thus ending any opportunity at retrieving capital or profits made.

C) In some brazen instances, agents in the brokerage house would access trader accounts from the back end, and execute trades that had been deliberately configured to lose on those accounts. There is at least one case known to the writer where $5,000 was stolen in this manner. Prosecutors and law enforcement agents presently have warrants on the identified personalities behind that brokerage.

Perhaps the case that brought binary options into very negative light, prompting calls for an EU-wide ban, was the unfortunate case of a Canadian investor who lost his life savings after patronizing a shady brokerage entity. The eventual suicide of this investor was the breaking point; EU and UK regulators took action and shut down binary options in Europe and the UK.

Lessons learnt

It is not only traders that suffered from the criminal activities of the scam brokers. Legitimate brokers such as Binary.com paid a very heavy price, as they lost a significant amount of the market share in an industry where they could be said to be the pioneers. Binary.com (which is listed below as one of the best binary options brokers of repute today) and several other legitimate companies around the world were forced to make major changes to their operational models, in an attempt to improve transparency and to bring back badly eroded investor confidence into the market.

Some of the changes which have been introduced include:

A) Restriction on issuance of bonuses, a lot of which is now provided as cashback for volume trading.

B) Robust trader education, in order to ensure that only informed traders use the binary options platforms.

C) Provision of demo accounts, which many of the defunct brokers never provided for their clients. No longer will traders be deprived of the opportunity to test their strategies and learn the process using virtual accounts.

D) Enhancement of the analytical tools on the platforms, to replace the archaic methods of the old order which provided traders with only line charts and zero tools for analysis!

E) Elimination of confusing binary options bet types and sticking to the classical binary options.

F) Getting their entities regulated in the countries of operation, to enhance user protection and boost broker accountability to enforcing regulatory institutions.

G) Incorporating new asset classes (e.g. cryptocurrencies) to the mix.

Criteria used in broker selection

In selecting the binary options brokers displayed in our list below, the following parameters were used in the process of consideration and selection to ensure that only the most genuine brokers are available for you. We have thus made the process simple, knowing that it is quite a challenge for traders to be able to select these brokers on their own.

The issue of regulation cannot be emphasized enough. The only way traders are going to be protected is by regulating the binary options providers they operate with. Anything short of this will be inviting the old demons back. Regulation also provides for greater accountability and ensures that investor confidence is never lacking in the market.

2) Corporate Governance Structure

A look was taken at the structure with which the listed brokerages operate. Many of them have been around for more than 9 years, and have invested in improving their platforms and trade offerings. These brokerages also have properly defined corporate hierarchy and a face to which the company can be tied to. For instance, the CEO of Binary.com is well known. Olymptrade has a very active presence in an online forum in Africa. Brokerages like Go Markets have officials who are also well known. There are no faceless companies in our list.

3) Openness and Reachability

The brokers listed here all have verifiable contact addresses and can be reached by phone, email and social media channels. Compare this with the old order where some brokerage operations were essentially husband/wife run establishments, operating out of a kitchen (yes, a “binary options broker” was found to be just that several years ago).

4) Trade Conditions

The trade conditions for each broker were also reviewed. For instance, we looked at factors such as stability of the platform, uptimes and downtimes, accessibility of customer support, latency of price and data feeds as well as how the brokers handled counterparty risks. Brokers that were found wanting were eliminated from the list.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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