Best binary options brokers in Bosnia and Herzegovina
Trading binary options from Bosnia and Herzegovina is legal, because nothing in local law prohibits it. Here is which brokers accept people living in Bosnia and Herzegovina, and what to check before your first deposit. Each of them keeps your balance in US dollars, which means paying in BAM always involves a currency conversion.
By Broksal Team, trading binary options, forex and CFDs since 2017. Updated . How we test
How we score
Each binary options broker gets five sub-scores out of 5:
Platform (25%), costs and payouts (20%), deposits and withdrawals (15%), support (15%) and transparency and regulation (25%). The overall score is the weighted average, rounded to one decimal. None of these brokers is licensed by a top-tier regulator, which is why their transparency scores are low.
Availability is checked against each broker’s published list of restricted countries. The order of the ranking is set by our authors from their own experience with these platforms, so it does not always follow the scores.
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. It costs you nothing.
Commissions do not affect the facts we publish about regulation, payouts and country availability, which come from the brokers’ own documents and independent sources.
Top 3 for Bosnia and Herzegovina
- 1
Our top pick in Bosnia and Herzegovina
Pocket Option
4.1Trades from $1, a $50,000 demo you can open without registering, and copy trading
- Minimum deposit
- $5
- Minimum trade
- $1
- Maximum payout
- Up to 92%
- Demo account
- $50,000, no sign-up
Open free accountBinary options are high-risk; you can lose your whole stake.
- 2
IQ Option
4.0Its own fast platform with 300+ assets, a desktop app and payouts of up to 95%
Available to people living in Bosnia and Herzegovina
- Minimum deposit
- $10
- Minimum trade
- $1
- Maximum payout
- Up to 95%
- Demo account
- $10,000, after sign-up
Open free accountBinary options are high-risk; you can lose your whole stake.
- 3
Expert Option
3.7A simple screen, account tiers and a social feed, from a $10 deposit
Opens accounts for traders in Bosnia and Herzegovina
- Minimum deposit
- $10
- Minimum trade
- $1
- Maximum payout
- Up to 90%
- Demo account
- $10,000, no sign-up
Open free accountBinary options are high-risk; you can lose your whole stake.
Binary options are high-risk products. Each trade is all-or-nothing: if the price ends on the wrong side, you lose the whole amount you staked. Most people who trade them lose money. Only trade with money you can afford to lose, and start on the free demo account. Nothing here is investment advice, and past payouts do not predict future results.
Bosnia and Herzegovina at a glance
| Capital | Sarajevo |
|---|---|
| Currency | Bosnia and Herzegovina convertible mark (BAM, KM) |
| Official languages | Bosnian, Croatian and Serbian |
| Time zone | Europe/Belgrade |
| Financial regulator | Entity-level securities commissions |
| Binary options | Legal (no law prohibits them) |
| Brokers accepting residents | 3 of 3 we rank |
Is binary options trading legal in Bosnia and Herzegovina?
Binary options are legal in Bosnia and Herzegovina. No binary-options-specific ban or framework was found. Residents typically use offshore brokers that are not supervised locally.
Before you deposit, check Entity-level securities commissions’s public warnings and note who you are contracting with: these brokers are registered outside Bosnia and Herzegovina. Our legality guide shows how we classify each country.
Tax
You are responsible for declaring trading profits under Bosnia and Herzegovina’s tax rules. Keep your statements and payment history. This is general information, not tax advice.
Paying in BAM
Deposits from a BAM account are converted once on the way in and again when you withdraw. A dollar card or account avoids most of that cost. Payment options depend on the country you choose at registration, and withdrawals usually go back to the method you paid with.
Market hours in Belgrade time
| Market | Nov–Mar | Apr–Oct |
|---|---|---|
| Tokyo | 01:00–07:30 | 02:00–08:30 |
| London | 09:00–17:30 | 09:00–17:30 |
| New York | 15:30–22:00 | 15:30–22:00 |
Currency pairs move most while London and New York are both open: 15:30–17:30 in winter in Belgrade. On Saturdays and Sundays only OTC assets are open.
First steps from Bosnia and Herzegovina
Use the free demo until expiry times and payouts make sense, then register with your own details, selecting Bosnia and Herzegovina: withdrawals are only paid after identity checks. Deposit bonuses are optional, carry a trading-volume condition and can be declined. Full pros, cons and costs of each broker are in our main ranking.
Frequently asked questions
Which binary options broker is best in Bosnia and Herzegovina?
Pocket Option is our pick for Bosnia and Herzegovina: a $5 minimum deposit, trades from $1 and a $50,000 demo without registration. IQ Option and Expert Option are also available.
Is binary options trading legal in Bosnia and Herzegovina?
No law in Bosnia and Herzegovina prohibits binary options. The brokers that serve Bosnia and Herzegovina are registered abroad and are not licensed locally.
Can I deposit in BAM?
You can pay in BAM, but the account is kept in US dollars, so the money is converted.
Do I pay tax on binary options profits in Bosnia and Herzegovina?
Profits are taxed according to the local rules in Bosnia and Herzegovina. This is general information, not tax advice.