Binary Options and CFD Rating Update
Following the update of the Forex rating, Traders Union specialists updated the Binary Options and CFD rating. The rating was updated based on evaluation of the basic parameters of the binary brokers. As a result, an up-to-date rating table was formed, where the strongest brokers of the binary market took the leading positions.
TOP-3 of the Binary Options Rating
IQOption took the leading position in the rating. It even managed to get ahead of the top-ranked binary brokers - Binary.com and ExpertOption, which took the second and the third positions, respectively.
As of the August results, IQOption displaced its main competitors due to a surge in trading activities. It was able to activate most of its customer reserves, as well as attract the attention of new investors. At the moment, IQOption's main task is to maintain and even increase trading volumes in order to stay on the first position of the binary rating. Otherwise, it runs the risk of going down to the TOP-3 border, and maybe even beyond it.
In turn, the Binary.com company took the second step of the rating table. Binary.com team should already start to think over a strategy for restoring trade turnover, and ExpertOption was placed on the TOP-3 border - it retained not only its position in the rating, but also trading indicators and customer base growth.
Binary Brokers that hit the TOP-5
Binomo and Grand Capital Ltd., were also among the five best binary brokers, which switched their places in the rating. As a result of this exchange, Binomo added one position in August and got the fourth place in the rating, while Grand Capital Ltd., on the contrary, lost one point and took the fifth place.
Corsa Capital took the sixth place, leaving the 5th position of the rating. As a result, Yardoption went down one position, giving way to a stronger rival. Utrader was also unable to resist pressure from above and dropped to the eighth position of the rating table.
Studies on which the rating was built were conducted based on analysis of trade indicators of the largest community of Forex traders in the world - Traders Union.