Best Binary Trading Courses Compared & Reviewed


Here, we’ll look at 10 of the best currently available binary options trading training courses, who runs them, how much they cost, and what you’ll learn. These courses listed here are inexpensive, straight to the point, and by and large are good value for money, considering the benefits you’ll glean.

Side note: Many brokerages offer “free training,” but usually consist of a variably valuable library and a demo account. Some offer a genuinely valuable learning environment, which are listed below.

List of Available Binary Options Trading Courses

  1. How to Master Binary Options by binaryoptions.com, hosted by Udemy, created by the binaryoptions.com team
  2. Step-by-Step Binary Options Trading Course + eBook v3 (2023), hosted by Udemy, created by Aedan Kelly, Professional Day Trader & Cryptocurrency Expert
  3. Beginners Binary Options Training Course, hosted by Udemy, created by trader Simon Peters
  4. The Complete Options Trading Course (Updated 2024), hosted by Udemy, created by Wealthy Education
  5. Binary Options Trading: Trade to Win (Beginner) Level 1, hosted by Udemy, created by pro trader and computer engineer Samarth Kolhe
  6. Binary Options for Beginners (Learn Price Action), hosted by Udemy, created by Cristoph Spring de Mello, self-taught trader
  7. Binary Options Trading from Investopedia Academy
  8. Binary Options Strategies – No More Loss, presented by Skillshare
  9. How to Trade Binary Options Effectively – All Levels, hosted by Udemy, created by Viktor Neustroev, self-taught pro trader
  10. Brokerages and Platforms-training & facilitation

Review Of The Best Binary Trading Courses

1. How to Master Binary Options by binaryoptions.com, hosted by Udemy, created by the binaryoptions.com team

Binaryoptions.com offers arguably the best binary options trading course. It’s lean, to the point, and gets you in at the coalface quickly.

What you’ll learn in this course:

  • Profitable Binary Options strategy
  • Reading Candlesticks like a Pro
  • Trading Preparation
  • Best setup for a profitable Binary Options trade
  • Realtime Trading example
  • Bonus: 3 Best trading setups for winning binary trades
  • This is a good course for those already trading, although perhaps still relatively novices and struggling to turn a net profit.

At around $69, it’s affordable, savvy, and highly recommended for existing traders of other types looking to get into binary options.

Pros
  • Short, but with enough information to address all questions and position you for successful trading
  • Fair value
  • Developed by pros who are steeped in the binary options game.
Cons
  • Presumes a working knowledge of charting and general trading principles
  • Also presumes a fluid understanding of binary options per se, as there is hands-on practice and evolving strategy application-too much for complete binary novices to manage.

2. Step-by-Step Binary Options Trading Course + eBook v3 (2023), hosted by Udemy, created by Aedan Kelly, Professional Day Trader & Crypto Boff

This course is introductory to entry-level proficiency and covers the history and reality of binary options trading. It covers “the fundamental aspects of binary options contracts, trading times, market analysis, and trading platform features.”

At around $69, it’s affordable, savvy, and highly recommended for existing traders of other types. The course is followed by a more advanced offering (a video series) that details the trading process.

What you’ll learn in this course:

  • Introduction to binary options trading, including the history
  • Traditional Retail Trading vs. Binary Options Trading
  • Introduction to Market Analysis
  • Introduction to Charting Systems
  • Introduction to the Japanese Candlestick Chart
  • Introduction to the Economic Calendar
  • Introduction to Support and Resistance
  • Introduction to the Bollinger Bands
  • Introduction to the RSI
  • Introduction to Risk and Money Management
Pros
  • Comprehensive for novices and outside traders alike
  • Great value
  • Developed by a trader completely at home in high-risk markets
Cons
  • It would have been nice if the follow-on video series was bundled as a single course for, say, $30

3. Beginners Binary Options Training Course, hosted by Udemy, created by Simon Peters

A truly introductory course that presumes no prior knowledge of trading, this is a good course for those who are interested but totally at sea.

The course is free, and although Peters is a trader with only 7 years of experience, the content is valuable for newbies (with some interesting tips for existing traders, too).

  • Learn about the different types of binary options and how each type works
  • Be able to confidently trade binary options following market fundamentals, specifically news and economic data releases
  • Be able to risk manage your trades to ensure maximum profit potential whilst keeping your overall account risk low
  • Understand the importance of the break-even ratio in binary options trading and the ‘win rate’ required to be profitable. 
Pros
  • Sufficiently comprehensive for novices with tips for existing traders
  • Great value-it’s completely free
  • Developed by an existing trader who’s been through the mill of binary options
Cons
  • No direct messaging/questions are possible on the free tier

4. The Complete Options Trading Course (Updated 2024), hosted by Udemy, created by Wealthy Education

A fairly detailed course on binary trading and options in general, what you’ll learn on this course for a cost of around $48 covers:

  • How to Master The Most Profitable Options Trading Strategies With Real World Examples & Sample Trades
  • How to Build a Solid Strong Foundation For Options Trading
  • How to Read an Option Quote The Right Way
  • How to Buy and Sell Call & Put Options Profitably
  • How to Read Stock Charts Effectively to Identify Market Trends
  • How to Use Support & Resistance in Options Trading
  • How to Use MACD in Options Trading
  • How to Determine Bullish & Bearish Trends Using EMAs
  • How to Avoid Costly Trading Mistakes and Develop The Right Trader Mindset
  • How to Lower Your Risk and Maximize Your Profits
  • How to Trade Bullish Options Trading Strategies
  • How to Trade The Long Call Strategy
  • How to Trade The Covered Call Strategy
  • How to Trade The Synthetic Call Strategy
  • How to Trade The Bull Call Spread Strategy
  • How to Trade The Bull Put Spread Strategy
  • How to Trade Bearish Options Trading Strategies
  • How to Trade The Long Put Strategy
  • How to Trade The Covered Put Strategy
  • How to Trade The Synthetic Put Strategy
  • How to Trade The Bear Call Spread Strategy
  • How to Trade The Bear Put Spread Strategy
  • How to Trade Neutral Options Trading Strategies
  • How to Trade The Long Call Butterfly Strategy
  • How to Trade The Long Put Butterfly Strategy
  • How to Trade The Long Straddle Strategy
  • How to Trade The Long Strangle Strategy
  • Plus more…
Pros
  • Support from the course instructors as well as the student class (with questions answered within a day)
  • Good value
  • Comprehensive content that touches on much that new traders will encounter
Cons
  • Perhaps too broad and not focused enough on binary options specifically
  • Developed by an e-learning outfit that makes money from selling courses, not trading the markets
  • Cluttered novices looking to hone in on binary options trading might be left more confused and overwhelmed than educated

5. Binary Options Trading: Trade to Win (Beginner) Level 1, hosted by Udemy, created by pro trader and computer engineer Samarth Kolhe

With the motto “Learn and earn,” Kolhe himself spent years losing in trading before he mastered the psychology of trading.

A good training course for a mixed audience, what you’ll learn on this course includes:

  • A full understanding of how the binary market works
  • You will have professional trading analysis
  • 60 SECONDS BINARY TRADING
  • Learn how to setup Metatrader
  • Candlestick analysis
  • Broker to use for trading
  • Know binary terminology like call, put, expiration time, bullish, bearish, wick,real momentum, virtual momentum
  • Learn to read economic event of calender
  • Full Course will help to analyse : Candlestick , momentum , volume , trend analysis
  • Chart pattern : Area , Japanese candlestick, Heikin-Ashi. Bars, Hollow Candles, Heikanshi Ashi, Renko, Line break, Kagi, Point & figure, Range
  • Introduction To Basic Indicators
  • How to place support and resistance automatically
  • Candlestick OHLC
  • 5 important trading key rules
Pros
  • A great course for those who seem to have the technical know-how yet struggle to turn a profit (emotions might need management)
  • It’s free
  • It covers a lot of ground in online video content
Cons
  • No direct messaging for support
  • Focuses on aspects of trading that might overwhelm new binary options traders

6. Binary Options for Beginners (Learn Price Action), hosted by Udemy, created by Cristoph Spring de Mello, self-taught trader

A great course for a glimpse into another trader’s successes with binary options but with an overarching assumption of riches at every turn.

Nonetheless, the intel available here is valuable to newbies and seasoned traders alike, and on this course that costs around $16, you’ll learn:

  • A broad introduction to binary options
  • Presenting the Broker
  • Deposit and withdraw money
  • Investing and OTC
  • Candlesticks
  • Risk Management
  • Chart analysis
  • My operational (the presenter’s personal strategies)
  • Live operations
Pros
  • Very upbeat
  • Fair value
  • An optimistic approach geared for success where the trader’s past personal mistakes are highlighted
Cons
  • Perhaps too cavalier in its assumptions about binary option success
  • Too narrow focus, the course being a rather personal snapshot of a trader’s experience, lacking much practical information and education-novices will come away without much needed intel

7. Binary Options Trading from Investopedia Academy

Investopedia has been around for years, and its information is copious and well thought out.

Theirs is a course well suited to traders with experience in binary options trading (intermediate-level traders).

For $199, you’ll learn:

  • The fundamentals of Binary Options and how to avoid common pitfalls that could cost you money
  • How to create your own step-by-step Binary Options trading strategy in exotic asset classes such as Forex, commodities, and futures
  • The exact time of day, market conditions, and entry/exit points that will maximize profits
  • A simple formula for setting up your own charts using the same momentum measurement tools employed by professional traders
  • How to develop a keen eye for deciphering the MACD, candlestick patterns, and Bollinger Bands on an asset’s chart to predict volatility and momentum better and win more trades.
Pros
  • Lifetime access to investopedia.com
  • Downloadable materials, including videos, can be used as trading aids
Cons
  • The most costly on this list, and not everyone who wants to buy a course on binary trading will want lifetime access
  • Perhaps too broad on entry in binary options, considering that the course presumes an intermediate level of skill and understanding

8. Binary Options Strategies – No More Loss, presented by Skillshare

A good, really comprehensive course compiled by Skillshare. Make no mistake, this is not for novices, as the course material jumps right in with strategies and win/loss rates.

On this course (currently free for a month but typically costing a Skillshare subscription of $168 per annum), you’ll be taught:

  • Binary Options Channel Strategy (71% Win Rate)
  • 21 MA Binary Options Strategy (83% WIN Ratio)
  • 21MA and MACD Strategy Backtest and Results
  • Binary Options Fibonacci Trading Strategy (79 % Win Rate)
  • Bollinger Band Bounce Binary Options Strategy
  • Bollinger Band Strategy Backtest
  • Double Stochastics Binary Options Strategy 81 Win Rate
  • Double Stochastics Binary Options Strategy BackTest
  • PSAR and ADX Binary Options Strategy
  • PSAR and ADX Strategy Backtest and Results
  • Pivot Levels Binary Options Strategy
  • Daily Pivot Strategy Backtest and Results
  • Tekan Sen and Kijun Sen
  • Tekan Sen and Kijun Sen Strategy Backtest and Results
  • Trading Previous Highs and Lows Strategy
  • High Low Strategy Backtest
  • Supply and Demand Zones Binary Options Strategy
  • Trading Wedges and Breakouts with Binary Options
  • Trading Wedges and Breakouts with Binary Options
  • Trading Flags with Binary Options
  • Trading Head and Shoulders with Binary Options
  • Kiss Your Momma Binary Options Strategy
  • Trading Fakeouts with Binary Options
  • Trading Channels with Binary Options
  • Trading Double Tops and Bottoms with Binary Options

As can be seen, this is a very strategy-oriented course presented by Muzammil Ijaz, an online marketer and trader.

Pros
  • You can grab the intel for free with a current free month’s trial
  • Very thorough saturation of trading strategies with genuine hit rates
Cons
  • A very strategy-focused course, completely unsuitable for those who need a far broader take on binary options trading per se
  • Another course developed by an e-learning outfit that makes money from selling courses, not trading the markets, although the intel is legit

9. How to Trade Binary Options Effectively – All Levels, hosted by Udemy, created by Viktor Neustroev, self-taught pro trader

Another decently compiled course that will accommodate novices and seasoned traders alike, this one features a self-taught, now pro trader who provides a good spread of relevant information that can up anyone’s binary options trading game.

On this course, which costs around $16, you will be taught to:

  • Understand what binary options are
  • Understand how to trade binary options
  • Know trading patterns in different markets
  • Know a new money management method
  • Find the best moment to enter the market
  • Know how to choose markets for different strategies
  • Know at least 3 profitable trading strategies.
Pros
  • Good broad take on binary options as a whole
  • Fair value
  • A skeleton A – Z of binary trading with all intel valuable
Cons
  • Perhaps too brief, as this will leave some novices completely unaware of diverse strategies
  • Another course very much derived from one trader’s experience, which is both its value and shortcoming

At a fairly low cost of $16, this course is good value and legitimate intel. Although it will address newbies and old hands, it will not meet all needs.

10. Brokerages and Platforms-Training & Facilitation

Some brokerage-stroke-trading platforms offer binary options trading of one sort or another, and for many not unfamiliar with trading, the available community, the library, and whatever legitimate instruction might be on offer are enough.

Some of the best options here include:

  • Pocket Option-see our review on Pocket Option
  • Quotex-by now a very well-known trading platform
  • Close Option-a leading binary options broker
  • Binarium-another respected binary options broker
  • VideForex-kind to newbies
  • Race Option-a good venue to run a demo account
Pros
  • You’re getting your feet wet right at the pool (when you feel confident enough to run a live account, it’s all highly facilitated)
  • Typically free utilization of resources when you open an account
  • Growing communities on all of these platforms can be found online
Cons
  • Support and expansive learning are often limited, as brokerages want you to trade-they’re not really educators
  • If you still feel like you can’t enter a trade after exhausting the available resources, you’re back at square one, looking for a course
  • You’ll be far better off with a packaged chunk of information presented as a course, some content of which could well be absent from the brokerages’ offerings

How To Find the Best Binary Trading Course

If you’re looking for binary options trading education, search online and make a preliminary shortlist of possible courses.

Look carefully at the course creators’ credentials, costs, and impetus behind the course (are they traders or fintech types, and do they focus on binary options trading?)

Evaluate the content of the courses based on your personal understanding and acumen so that you can determine what has value for you and what doesn’t, what you need to know and what you already know, and whether or not there is any post-course support that might be handy (especially for newbies to the arena).

Costs Of Binary Options Courses 

Binary options trading courses vary in cost from completely free to somewhat cheekily priced (we’ve left those overpriced offerings off this list).

By and large, binary options trading courses land at the cost of a single trade, which is huge value when you consider the benefits they bring- confidence in entering trades, reduced losses, savvy risk management, and genuine strategies for success.

All of these things can be learned the hard way, but most traders will deplete their kitty and be out of the game before they achieve what a good training course can give you.

Conclusion: Binaryoptions.com Offers the Best Course

We rate the binaryoptions.com mastery course tops for several reasons.

  • The course involves expert-led strategies (very much a hands-on copy trading scenario) that are designed to win in diverse market conditions
  • There is plenty of exposure to live trading and examples of strategy deployment-no sheltered offline tuition, but rather staring at the coalface
  • There are, however, simulations where you learn to apply your new skills (but still in real-time)
  • The course covers technical analysis, (important) trading psychology, and (also important) risk management.
  • Their course also contains proprietary trading techniques that you won’t easily glean elsewhere
  • The course is dynamic, as it incorporates daily and weekly trading trends that are proving successful.

Most asked questions about binary options trading courses:

Isn’t simply trading the best way to learn binary options?

No one, not even seasoned pro traders, would hope to jump into as risky an arena as binary options and start making money. Almost every person alive successfully trading binary options today learned their skills in formal training, loads of demo hours, and persistent losses. Skipping the training and demo action cuts straight to the last part-persistent losses.

Does the cost of a course denote value?

Like any other retail arena, cost is a useful but not exclusive indicator of value. The course ranked best above to master Binary Options by binary options. com- isn’t free, but it’s also not hugely overpriced. The best training is priced competitively, delivers what you need to know, and comes with support of some kind.

Should I study forex trading or general options instead?

Traders who get into binary options enjoy the risk/reward architecture and simply have a penchant for that kind of trading. Other traders will swear by forex, whereas others (including some of the most successful) never move away from stocks and bonds. It all depends on your starting balance, as well as your preferred tempo and nature of trade. If you have millions to invest, investing in long-term stocks makes sense to you. If you’re after cash flow, trading is your ticket, and you’ll soon figure out what vehicles/instruments appeal.

Straight answer – free course or pay for it?

Buy it. Pay the small amount asked, knowing that market forces keep price and product value in sync, no matter what you’re buying. With free stuff, the focus is never fully on quality for you but rather on some other means of making you the product. That might still produce some value for you, but buy it. It’s just all round, so much better that way. 

About the author

Percival Knight
Percival Knight is an experienced Binary Options trader for more than ten years. Mainly, he trades 60-second trades at a very high hit rate. My favorite strategies is by using candlesticks and fake-breakouts

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