Binary options in South Korea

These brokers accept residents of South Korea under their own terms. None of them holds a licence from a financial regulator in South Korea; they operate from offshore entities, so local investor protection does not apply.

Compare minimum deposits, payouts, apps and the regulator warnings on record before you choose.

Broker availability in South Korea

Pocket OptionAccepts residents per the broker's own terms. Not licensed locally.Available
IQ OptionAccepts residents per the broker's own terms. Not licensed locally.Available
Expert OptionAccepts residents per the broker's own terms. Not licensed locally.Available
Olymp TradeAccepts residents per the broker's own terms. Not licensed locally.Available
BinomoAccepts residents per the broker's own terms. Not licensed locally.Available
BinariumAccepts residents per the broker's own terms. Not licensed locally.Available
IQcentAccepts residents per the broker's own terms. Not licensed locally.Available
BinaryCentAccepts residents per the broker's own terms. Not licensed locally.Available

South Korea: frequently asked questions

Can I trade binary options from South Korea?

The brokers in this ranking accept residents of South Korea under their own terms. None is licensed locally, so you trade outside South Korea's investor protection.

Which broker has the lowest minimum deposit in South Korea?

Pocket Option lists the lowest minimum deposit (USD 5). Some payment methods require more.

Do I need to verify my identity?

Yes. All brokers ask for an ID document and proof of address before your first withdrawal. Complete it early so a withdrawal isn't delayed.

Can I lose more than I deposit?

On fixed-time trades you can lose at most your stake per trade, but you can lose your entire deposit. Only trade money you can afford to lose.