{"id":100863,"date":"2023-05-23T11:08:15","date_gmt":"2023-05-23T09:08:15","guid":{"rendered":"https:\/\/www.binaryoptions.com\/?page_id=100863"},"modified":"2023-07-19T15:11:00","modified_gmt":"2023-07-19T13:11:00","slug":"trust-score","status":"publish","type":"page","link":"https:\/\/www.binaryoptions.com\/trust-score\/","title":{"rendered":"The Trust Score of Binaryoptions.com – Broker ratings"},"content":{"rendered":"\n

When we established Binaryoptions.com<\/a>, we aimed to simplify trading binary options<\/strong>. We wanted traders to find secure and reliable brokers for trading. That\u2019s why we developed the trust score.<\/p>\n\n\n\n

As experienced traders, we understood that not every player in the finance industry could be trusted<\/strong>. After all, not all brokerage firms strive to provide best-in-class services to their clients. <\/p>\n\n\n\n

So, we embarked on a mission to answer a crucial question for traders: Can a trader trust his broker with his funds?<\/strong><\/p>\n\n\n

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\"The<\/figure><\/div>\n\n\n

<\/span>What led us to develop the trust score?<\/span><\/h2>\n\n\n
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\"Development<\/figure><\/div>\n\n\n

We want traders to trade securely. The zeal to know whether a trader can trust a broker led us to develop a valuable tool known as the trust Score<\/strong>. The trust score is not just an algorithm – It is way more as it takes our in-depth reviews into account. We use this algorithm to give traders a quick and comprehensive rating of a broker’s trustworthiness. It is a part of our review methodology<\/a> and brokers’ rating.<\/p>\n\n\n\n

Our trust score helps traders know whether it is worth trading with a broker. <\/strong><\/p>\n\n\n\n

We present the trust score based on extensive research and data collection<\/strong>. Our in-house industry specialists with years of trading expertise contribute to the development of a rating for each broker. <\/p>\n\n\n\n

We assign a numerical rating ranging from 1 to 5 to each broker<\/strong>.<\/p>\n\n\n\n

Traders can look at these scores before trading with any broker<\/strong>. Brokers with higher scores indicate greater trustworthiness.<\/p>\n\n\n\n

<\/span>How do we calculate the trust score?<\/span><\/h2>\n\n\n
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\"Calculation<\/figure><\/div>\n\n\n

Calculating a broker’s trust score involves considering several factors<\/strong>. Generally, our expert team considers the following things when deciding the trustworthiness of a trading platform. <\/p>\n\n\n\n