Broker records we publish
Ordered by the traderpublic desk score on each record. Records our desk has not scored are not ranked here.
This order is our published desk score, which covers the broker overall. It is NOT a binary-options ranking: no payout, expiry or platform fact on this page has been checked, and the product itself is banned for retail clients in the jurisdictions of several regulators shown here.
Rank12 licences verified
Record updated 2 Sept 2026
4.7 out of 5
Read the full recordYour capital is at risk. Licence facts only — not a recommendation.
- Asset classes
- Made upFX, indices, shares, commodities, crypto
- Advertised leverage
- Made upup to 1:500 (professional account)
- Index spread
- Made upS&P 500 from 1.0 points
- Minimum deposit
- Made up$25
What the desk checked
- ✓Swap-free accountofferedOffered on request via the Back Office; fees may apply once positions on certain instruments stay open a set number of days.source · read on 16 Sept 2026
- –Islamic accountnot checked
- ✓Negative balance protectionofferedStated in the Client Agreement; clients may never lose more than their total deposits.source · read on 16 Sept 2026
- ✓Segregated client fundsofferedHeld in separate bank accounts with named custodian banks.source · read on 16 Sept 2026
- ✓No deposit feeofferedThird-party or bank fees may still apply.source · read on 16 Sept 2026
- ✓No withdrawal feeofferedE-wallet withdrawals can carry a fee if no trading took place.source · read on 16 Sept 2026
- –Cent accountnot checked
- ✕24/7 supportnot offeredFxPro publishes 24/5 weekday support hours, not 24/7.source · read on 16 Sept 2026
- –Thai-language supportnot checked
Licences verified2 of 2 checked against the register
Score breakdown
- Licence and oversight5 / 5
- What you can trade4 / 5
- Desktop and web platform5 / 5
What the desk recorded
- The broker is authorised by the Financial Conduct Authority, the UK regulator for financial services firms, under licence number 509956, listed as authorised.
- The broker is authorised by CySEC, the Cyprus Securities and Exchange Commission for investment firms, under licence number 078/07, listed as authorised.
Rank23 licences verified
Record updated 2 Sept 2026
4.3 out of 5
Read the full recordYour capital is at risk. Licence facts only — not a recommendation.
- Asset classes
- Made upFX, indices, crypto
- Advertised leverage
- Made upup to 1:1000 (offshore entity)
- Index spread
- Made upS&P 500 from 1.5 points
- Minimum deposit
- Made up$500
What the desk checked
- ✓Swap-free accountofferedCountry-restricted; requires contacting support with no open trades.source · read on 16 Sept 2026
- –Islamic accountnot checked
- ✓Negative balance protectionofferedRetail clients only; balance is reinstated to zero.source · read on 16 Sept 2026
- ✓Segregated client fundsofferedHeld at regulated banks, separate from company funds.source · read on 16 Sept 2026
- ✓No deposit feeofferedYour own bank may still charge for the transfer.source · read on 16 Sept 2026
- ✓No withdrawal feeofferedMinimum card withdrawal 20 USD/EUR/GBP.source · read on 16 Sept 2026
- –Cent accountnot checked
- ✓24/7 supportofferedStated on the broker's own contact page.source · read on 16 Sept 2026
- –Thai-language supportnot checked
Licences verified3 of 3 checked against the register
Score breakdown
- Licence and oversight5 / 5
- What you can trade4 / 5
- Desktop and web platform4 / 5
What the desk recorded
- The broker is authorised by the Financial Conduct Authority in the United Kingdom, with licence number 793714 recorded as authorised.
- The broker is authorised by CySEC in Cyprus, with licence number 319/17 recorded as authorised.
Rank33 licences verified
Record updated 2 Sept 2026
4.3 out of 5
Read the full recordYour capital is at risk. Licence facts only — not a recommendation.
- Asset classes
- Made upFX, indices, shares, commodities, crypto
- Advertised leverage
- Made upup to 1:500 (professional account)
- Index spread
- Made upS&P 500 from 1.0 points
- Minimum deposit
- Made up$500
What the desk checked
- ✓Swap-free accountofferedApplies to selected accounts and instruments under HFM's rollover policy.source · read on 16 Sept 2026
- ✓Islamic accountofferedSharia-compliant swap-free conditions on the Cent and Zero accounts.source · read on 16 Sept 2026
- ✓Negative balance protectionofferedA negative balance is automatically reset to zero.source · read on 16 Sept 2026
- ✓Segregated client fundsofferedClient funds cannot be used to repay company creditors.source · read on 16 Sept 2026
- ✓No deposit feeofferedBank transfers are free above $100; third-party charges may apply.source · read on 16 Sept 2026
- ✓No withdrawal feeofferedSending, correspondent and receiving banks may charge their own fees.source · read on 16 Sept 2026
- ✓Cent accountofferedCent lots (0.01 of a standard lot); account currency USC.source · read on 16 Sept 2026
- ✓24/7 supportofferedHFM's own FAQ states 24/7 live support for all clients.source · read on 16 Sept 2026
- ✓Thai-language supportofferedThai-language contact page with a Thailand support line and Thai support mailbox.source · read on 16 Sept 2026
Licences verified3 of 3 checked against the register
Score breakdown
- Licence and oversight5 / 5
- What you can trade4 / 5
- Desktop and web platform4 / 5
What the desk recorded
- The broker is authorised by the FCA, the UK regulator for financial services firms, with licence number 801701.
- The broker is authorised by CySEC, the Cyprus regulator for investment firms, with licence number 183/12.
Rank41 licences verified
Record updated 2 Sept 2026
4.3 out of 5
Read the full recordYour capital is at risk. Licence facts only — not a recommendation.
- Asset classes
- Made upFX, indices, commodities
- Advertised leverage
- Made upup to 1:30 (retail)
- Index spread
- Made upS&P 500 from 0.4 points
- Minimum deposit
- Made up$10
What the desk checked
- ✓Swap-free accountofferedAn administration fee applies to positions held longer than four days.source · read on 16 Sept 2026
- ✓Islamic accountofferedFor traders complying with Sharia law; admin fees waived for the first six days.source · read on 16 Sept 2026
- ✓Negative balance protectionofferedStated for FCA-regulated retail clients of the UK entity, in line with FCA rules.source · read on 16 Sept 2026
- ✓Segregated client fundsofferedClient capital is never used for the company's business interests.source · read on 16 Sept 2026
- ✓No deposit feeofferedThird-party provider charges may still apply.source · read on 16 Sept 2026
- ✓No withdrawal feeofferedInternational bank wires typically cost about USD 25, charged by the banks.source · read on 16 Sept 2026
- –Cent accountnot checked
- ✓24/7 supportofferedMultilingual client support by live chat, email or phone.source · read on 16 Sept 2026
- –Thai-language supportnot checked
Licences verified1 of 1 checked against the register
Score breakdown
- Licence and oversight4 / 5
- What you can trade5 / 5
- Desktop and web platform4 / 5
What the desk recorded
- Authorised by CySEC, the Cyprus Securities and Exchange Commission, under licence number 215/13.
- This authorisation carried the status "authorised" when checked on 2 September 2026.
Rank51 licences verified
Record updated 2 Sept 2026
4 out of 5
Read the full recordYour capital is at risk. Licence facts only — not a recommendation.
- Asset classes
- Made upFX, indices, shares, commodities, crypto
- Advertised leverage
- Made upup to 1:500 (professional account)
- Index spread
- Made upS&P 500 from 1.0 points
- Minimum deposit
- Made up$10
What the desk checked
- ✓Swap-free accountofferedSwap-free option on Trade.MT5; excludes exotic pairs and digital currencies.source · read on 16 Sept 2026
- ✓Islamic accountofferedOpened as a Trade.MT5 account with the swap-free option.source · read on 16 Sept 2026
- ✓Negative balance protectionofferedRetail clients: unlimited per-account cover. Professional clients: up to EUR 50,000.source · read on 16 Sept 2026
- ✓Segregated client fundsofferedSegregated under CySEC rules at a regulated EU credit institution.source · read on 16 Sept 2026
- –No deposit feenot checked
- ✕No withdrawal feenot offeredOne free withdrawal request per month per method; a fee applies after that.source · read on 16 Sept 2026
- –Cent accountnot checked
- –24/7 supportnot checked
- –Thai-language supportnot checked
Licences verified1 of 1 checked against the register
Score breakdown
- Licence and oversight4 / 5
- What you can trade4 / 5
- Desktop and web platform4 / 5
What the desk recorded
- The broker is authorised by CySEC, the Cyprus regulator for investment firms, under licence number 201/13.
- The CySEC record for this licence was checked on 2 September 2026 and shows the status as authorised.
Use it to compare at a glance, then read the licence trail under each broker below — that is the part our desk checked against the regulator's register.
What decides a binary platform — and what we have not published
The regulatory row is real, read from the same registrations our other pages verify. The rest are the facts a binary trader would need, and no field on our wire carries them, so the examples are written in and labelled.
- Licences we verified against the register✓
- binary_retail_ban✓
- binary_instrumentsMade upexample shape: FX pairs and indices, expiries from 60 seconds to 1 day
- binary_payoutMade upexample shape: up to 85% payout, no refund on out-of-money expiry
- Smallest stake a position acceptsnot published
- Demo account before fundingnot published
Licences we checked ourselves
This is the part of the page that rests on evidence: each licence number was read from the regulator's own public register on the date shown.
FxPro Global Markets Limited
- CySEC (CY) — 078/07 · 2 Sept 2026 · ↗
- FCA (GB) — 509956 · 2 Sept 2026 · ↗
Capital.com
- ASIC (AU) — 513393 · 16 Sept 2026 · ↗
- CySEC (CY) — 319/17 · 16 Sept 2026 · ↗
- FCA (GB) — 793714 · 2 Sept 2026 · ↗
HF Markets (SV) Ltd
- CMA_KE (KE) — 155 · 16 Sept 2026 · ↗
- CySEC (CY) — 183/12 · 2 Sept 2026 · ↗
- FCA (GB) — 801701 · 2 Sept 2026 · ↗
TF Global Markets (STL) Limited
- CySEC (CY) — 215/13 · 2 Sept 2026 · ↗
Admirals
- CySEC (CY) — 201/13 · 2 Sept 2026 · ↗
Frequently asked questions
Why does a comparison site list a product regulators ban?
Because the ban is the single most decidable fact about it. A reader searching for binary brokers will find rankings that never mention the FCA and ESMA prohibitions; this page leads with them, per entity, read from the registers we already verify. Where a broker's only verified licences are from banning regulators, offering you binaries under that entity would not be lawful.
Are the payout percentages on this page real?
No — they are written-in examples, labelled wherever they appear, because our wire carries no binary-options field. The real rows are the licence trail and each regulator's stance on the product.
What a binary option is, and why regulators banned it for retail
A binary option is a fixed-payout bet on a yes-or-no outcome: if the price is on your side of the line at expiry you receive a set amount, and if it is not you typically lose the full stake. There is no position to manage and nothing to close early on most platforms — the outcome is all or nothing.
The FCA prohibited selling them to retail clients in 2019, describing them as gambling products dressed as investments, and ESMA's prohibition covers the EU. The structural reason: the pricing gives the platform a house edge that is hard for a customer to see, the short expiries invite rapid repeated staking, and the all-or-nothing payoff removes every risk-management tool a trader normally has.
An entity whose licences all come from banning regulators may not lawfully offer you binaries as a retail client. An offer that reaches you anyway is coming from a different entity in a different jurisdiction — check which one on its regulator's own register before anything else, because the protections you may assume travel with a brand name do not.
If you are considering a platform that offers binaries, establish these before depositing.
- Find the exact entity name on the account agreement and look it up on its regulator's own register.
- Check whether that regulator permits retail binary options at all — the FCA, ESMA members and ASIC do not.
- Establish what happens to an in-the-money position if the platform disputes the expiry price, and who arbitrates.
- Test a withdrawal with a small amount before staking anything you would mind losing.
- Treat any payout percentage in marketing as unverifiable: no external market prices these contracts.
What a synthetic index is, and what cannot be checked about it
A synthetic index is a number stream generated by the broker's own software, tuned to a stated volatility and styled to chart like a market. Nothing external produces or verifies the price: the firm that quotes it also settles every trade on it, around the clock, weekends included.
That single fact reorganises every question you would normally ask. Spread fairness, execution quality and slippage cannot be compared against any outside reference. The one meaningful external check would be an independent audit of the number generator, published where customers can read it — which is why that audit leads this page's list of unpublished facts.
What the structure genuinely offers
- Markets that never close, including weekends
- Stated, constant volatility rather than news-driven spikes
- No gaps from external sessions opening or closing
- Very small position sizes on most platforms
What it costs you
- The counterparty and the price source are the same firm
- No external reference exists to dispute a fill or an expiry price
- Regulators that cap CFD leverage have not authorised these products for retail, so the entities offering them sit outside those protections
- A published generator audit is rare, and without one, fairness rests entirely on trust
Constant advertised volatility is not reduced risk. A Volatility 75 index moves like a violent market by design, at leverage the offering entity's jurisdiction does not cap. The absence of weekends is also the absence of a pause.
How this ranking is put together
The order on this page is the research desk's published score for the whole broker, tie-broken by the number of licences we verified against a regulator's own register. It is not a score for this category, because we have not measured this category.
- Every licence is read on the regulator's own register, and the date we read it is printed beside it
- A product term is only marked available or not offered when the desk checked it and cited a source
- A term nobody has checked stays labelled as unchecked rather than being dropped from the page
- Written-in values exist only where the research hub publishes no field, and each one is labelled where it appears
Read the full methodology, including every page that carries a written-in value
What this page established, and what it did not
This page ranked brokers on the score the research desk publishes for the whole firm, and showed the licence trail behind each one. That much is checked: every licence number here was read on the regulator's own register, on the date printed beside it.
It did not establish who is best for Binary options and who may sell them. No field on this site measures that yet, so the page marks the gap instead of filling it, and labels every value that was written in rather than checked. Treat the order as a starting point for your own checks, not as a recommendation.
Other broker pages on this site
Each one states its own criterion and its own gaps.
Who did the work on this page
This page is compiled by the traderpublic research desk from the broker records published on this site. The desk reads regulator registers and brokers' own terms pages, and records the date of every reading.
On this page the desk verified the licence trail of every broker listed, and published a score only where it had one to publish.
We publish no individual byline for a compiled category page. The work is the desk's, and naming a single author would suggest a judgement one person made.
