So what are the best places to trade options online, anyway? We have dug into the data and done the proverbial heavy lifting so you do not have to. And, honestly, you may be surprised on what we have found!
So let's dive right in! (And don't forget to take advantage of the sign-up bonuses and promos some of these platforms offer; I have linked them all below.)
1. Quotex - Our #1 Pick! Use Code ShipTheDeal for 50% Signup Bonus
· Bonus Code: ShipTheDeal
· Deposit Bonus: 50% Sign-Up Bonus Code: ShipTheDeal
Quotex has earned our #1 spot today...and for good reason. Not only is their customer support super-fast and efficient, but their trading execution speed is right up there with the best of the best, too. They accept traders from most countries, as well! (This includes the US and Canada.) Quotex has a minimum deposit of only $10, so it is super easy to get up and running, especially if you are new to option trading. Furthermore, they do not charge any deposit or withdrawal fees, either! Are you starting to see why we picked them for our first spot? This is a legitimately solid options trading platform. We think Quotex is the best place to trade options, period.
In terms of a deposit bonus, Quotex has outdone themselves. This is a sick sign-up bonus, y'all: use the promo code (ShipTheDeal) to receive 50% extra on top of your deposit amount, with a minimum deposit of only $50 to qualify! Read the instructions carefully when you sign up and have that promo code copied so you get that extra 50%!
2. Pocket Option - 50% Signup Bonus Code - 50START (Honorable Mention)
· Bonus Code: 50START
· Deposit Bonus: 50% Sign-Up Bonus + Cashback on Trading Fees
Pocket Option has moved up from the last time I took a good, hard look at them! I love seeing improvements in these options trading platforms because it means they are innovating within their company and making the experience better for their users. Pocket Option, along with a solid customer support squadron, has really upped their game with their app's UI. Like Quotex, they have super-fast execution speeds, too, but I am noticing a big difference in app responsiveness. They are obviously building for the future, and that is why they are #2 on our list today!
Pocket Option offers a killer 50% deposit bonus for signing up with the code (50START), and they even offer you cashback on some of your trading fees! I love this. If you have never traded options before, the trading fees, albeit super tiny, can add up a bit over time. Knowing that you get a discount is a great idea for newer options traders, 100.
3. BinaryCent
· Bonus Code: SHRPTH
· Deposit Bonus: 200% Sign-Up Bonus
BinaryCent did not make our list last time, but has cruised in at our #3 spot! This was the first time I had reviewed them, so I had to go read some reviews, take a look at their trading interface. I am not sure how I missed these folks before, because they are getting amazing reviews from their users, giving out huge bonuses to new options traders that sign up, are eligible in nearly every country. In fact, the only reason they are not higher than the three spot is because I could not definitely say they were better than the other two, but they are right there. When I was researching their customer support, check this out: I wrote them an email when I started researching them, and I heard back inside of 15 minutes! I would not set this as the expectation, but I will say that their support is the most snappy I have personally experienced, which makes me feel warm an fuzzy all over, ha ha. An ascending options trading platform, right here, y'all.
BinaryCent has lost their minds, y'all! Ha ha, but seriously...a 200% deposit bonus?! Use the promo code (SHRPTH) when you are signing up and depositing. I mean, there is not a lot of commentary I need to color in when the number is two hundred f***ing percent! (Pardon my asterisks.) Anyway, sign up. Get that money. Enjoy. See you on the yacht.
4. IQ Option
· Bonus Code: (Unknown)
· Deposit Bonus: (Unknown)
Although IQ Option has dropped from our #2 spot last time, they are solidly in the top five, still. The reason for this is that they stick the fundamentals and are solid as a rock. Focus is on always upgrading their platform, reducing lag and increasing trade execution speed. They are known for their simplicity in that they are a no-frills, super-strong options trading platform. It goes without saying, but they too have a great customer support team. This is very important to us when we rate these options trading platforms because not all have this, and it can leave new traders feeling helpless. This will not happen with IQ Option. No deposit or withdrawal fees, either. Like I said, they focus on crushing the important things and leave the "cute" details to their competitors, ha ha.
So we could not determine the sign-up bonus nor the code for IQ Option, but if you visit our promo code page for them (and bookmark it), we have a team of bonus code auditors that check these things daily and will update that page with the most up-to-date deposit bonus promo codes as soon as they are issued by IQ Option. Visit ShipTheDeal.com and, like I said, just bookmark it for when you are ready to sign up!
5. IQcent
· Bonus Code: SHRPTH
· Deposit Bonus: 200% Sign-Up Bonus
Rounding out the top five, at #5, is IQcent! Another newcomer to our list! I have to say this is one of my new personal favorites, as I fell in love with the design of their platform! It just felt so intuitive and easy to use. In addition to the remarkable sign-up bonus, they, along with all the others have lightning-fast executions, great customer service, have great engagement with the community, and I could go on! The only reason they are #5 instead of a few spaces up (maybe a lot of spaces up, ha ha) is that they have a $500 minimum deposit. This is fine, but it is certainly a barrier of entry for new rookie options traders, but I look for this to drop in the future. Love these folks, though, and love where they are heading in the options trading world!
I should have put a fireworks image or graphic her to emphasize the size of IQcent's sign-up bonus, ha ha. Yes, ladies and gentlemen, we have our second 200% deposit bonus sighting! In just one blog entry! You know the drill: all you have to do is enter the promo code (SHRPTH) during the sign-up process when you are depositing. Follow the directions correctly and reap the 200% "make it rain" deposit, as I am calling it. Get 'em!
It is pretty obvious that you have plenty of...options, ha ha. Okay, terrible dad joke. But the truth is that there are a bunch of great options trading platforms for you to try and ultimately make your "home" for your trading hobby, career, side hustle, or whatever it may be. We recommend making Quotex your first choice, for sure. But, if for some reason you are not vibing with them, you can give one or more of the others a test drive!
Regardless of how you attack it, at least get a great sign-up bonus with these promo codes just for doing so! It is almost like getting paid simply for trying out a new spot to trade options, ya know?! All in all, we would love to hear about your experience, so reach out after you have tried a few of these platforms out! Goodnight and good luck!