How We Rank Brokers In Our Website?
It is of utmost important to us that you have the most current updates on the best binary options brokers. For that reason, we have created a flawless system to ensure that our rankings are more accurate than any other resource you may refer to. We realize that you will base your investment decisions on the information that we provide, and we are committed to you getting excellent returns. Here are the steps that we follow
Accumulated Comprehensive Data
We begin by getting our professional team of binary options traders to create a comprehensive database. This involves them manually finding and visiting the relevant websites, and personally assessing the various products. For further verification of customer service and maintaining standards, we also peruse all the scam investigations that we can find and use this data as a basis for our ranking.
Clear and Concise System
To ensure that there is no misunderstanding of the results on our site, we have developed a clear and concise ranking system. It is based on a total of five stars, where one star represents the lowest ranking and five stars represent the highest ranking. For ease of navigation and comparison, we present all the reviewed binary options trading sites in one table as a summary. By clicking on a link, you are able to access more information.
To arrive at five stars, there are eight critical areas that are evaluated. The first of these is the technology used combined with the experience of trading on the site. Then the mobile version of the site is assessed. The general usability of the site and the research amenities are evaluated. This is followed by checking on the number an variety of offerings, and the analysis of reports. Then the costs are evaluated and finally the educational resources and customer service. Each point is given a grade out of five, the values are added up and then divided by eight. The final value is used to calculate the star rating.
As part of our ranking system, we take the investigations of possible scam brokers very seriously. Every broker that is ranked on our site has been manually evaluated. A professional binary trader from our team creates an account on a site, and carries out a transaction to evaluate the different deposit methods, withdrawal methods, promotions and bonuses and customer care. We use their experience as a blueprint to compare the reviews that we receive from other clientele. We then make all the reviews that we have received public on our site, to alert our customers about which sites are offering consistent and excellent service, and which need improvement. Any sites that are found to be scams are not listed or ranked amongst our binary brokers. Instead, we give a warning when you conduct a search.
Promotions and Bonuses
It is likely that you will be attracted to a binary options trading site because of the promotions or bonuses that are on offer. We rank the brokers on our website based on various factors in relations to their promotions. To begin with, we evaluate the clarity of the fine print to identify if there are any loop holes. Then we verify all the bonuss and promotions, and those which pan out are listed on our site next to the name of the broker.
We encourage all listed sites to maintain honest communication and to be open with the customers about what they have to offer. You can trust that your comprehensive ranking features only the best binary options brokers that you can find.