Australian Binary Options Brokers – an Overview

The Australian Securities and Investments Commission, also known as ASIC, is the regulatory body for all financial products in Australia. They had no formal framework for the regulation of online Binary Options until after the ASIC made a public statement reminding industry and investors that binary options are considered to be a derivative in Australia. This means all those offering binary options brokering services to Australia are required to be licensed.

All entities providing financial services to Australia are required to have an Australian Financial Services License. There are currently no ASIC regulated binary options brokers and in May 2021, the ASIC banned all Binary Options products and services targeted at Australian citizens. Please check the ASIC website regularly for updates and changes to this ruling.

We do not provide financial services of any sort to Australia or anywhere else in the world. The list below shows Binary Options brokers that we trust. They are not licensed by ASIC. Due to the high financial risks involved in any manner of financial trading, all traders are encouraged to conduct their own due diligence/research and form their own opinions of what is right for them, regardless of their location of residence.

Top Binary Options Brokers

No.	Broker	Min Deposit	Regulated	Max Payout	Read More
1.		$250	No	90%	REVIEW
2.		$250	No	95%	REVIEW

About Recommended Binary Options Brokers

The Binary Option brokers listed above are verified by TradersAsset to provide a reliable service and a wide range of trading options. Whatever your trading strategy or preferred trading tools, there is an broker that is perfect for you.

• RaceOption – We consider RaceOption one of our preferred brokers. They offer their customers a fantastic trading experience, class-leading support, and even (the highly unique) 1-hour withdrawals. You can instantly claim their new customer incentives when making your first deposit and take part in their trading competitions. A highly recommended broker.
• BinaryCent – are one of our favurites. They offer deposit bonuses, risk-free trades and low 10 cent single trade minimums. With a simple user interface, and multi-currency deposit and withdrawals, they are a very attractive broker.