Best binary options brokers in Cambodia
Binary options are not banned for private traders in Cambodia, but they sit in a grey area: the regulator does not license them and has issued warnings. We checked which of our three brokers still accept people living in Cambodia: all three. Each of them keeps your balance in US dollars, which means paying in KHR 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 Cambodia
- 1
Our top pick in Cambodia
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 Cambodia
- 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 Cambodia
- 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.
Cambodia at a glance
| Capital | Phnom Penh |
|---|---|
| Currency | Cambodian riel (KHR, ៛); United States dollar (USD, $) |
| Official languages | Khmer |
| Time zone | Asia/Bangkok |
| Financial regulator | Securities and Exchange Regulator of Cambodia (SERC) |
| Binary options | Not banned for individuals; regulator warnings |
| Brokers accepting residents | 3 of 3 we rank |
Is binary options trading legal in Cambodia?
There is no law in Cambodia that bans individuals from trading binary options, but that is not the same as approval. The regulator has historically barred unlicensed firms from offering derivatives, and it campaigns against illegal investment schemes. The current position on binary options specifically was not confirmed.
What this means for you: if something goes wrong with an offshore broker, the regulator in Cambodia will not help you recover money, and banks may block or question payments to these platforms. Start with the demo account, deposit only small amounts and keep records of every payment.
Before you deposit, check Securities and Exchange Regulator of Cambodia (SERC)’s public warnings and note who you are contracting with: these brokers are registered outside Cambodia. Our legality guide shows how we classify each country.
Tax
Profits from binary options must be taxed according to the local rules in Cambodia. The broker does not deduct tax for you. Keep your statements and payment history. This is general information, not tax advice.
Paying in KHR
Deposits from a KHR account are converted once on the way in and again when you withdraw. On a $10 deposit that can cost more than the trades themselves. Payment options depend on the country you choose at registration, and withdrawals usually go back to the method you paid with.
Market hours in Bangkok time
| Market | Nov–Mar | Apr–Oct |
|---|---|---|
| Tokyo | 07:00–13:30 | 07:00–13:30 |
| London | 15:00–23:30 | 14:00–22:30 |
| New York | 21:30–04:00 | 20:30–03:00 |
Currency pairs move most while London and New York are both open: 21:30–23:30 in winter and 20:30–22:30 in summer in Bangkok. On Saturdays and Sundays only OTC assets are open.
First steps from Cambodia
Start on the demo: Pocket Option opens one without registration. When you sign up, choose Cambodia as your country, because identity checks before the first withdrawal compare it with your documents. 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 Cambodia?
Pocket Option is our pick for Cambodia: 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 Cambodia?
No law bans individuals from it, but Securities and Exchange Regulator of Cambodia (SERC) has warned about offshore platforms and does not license these brokers.
Can I deposit in KHR?
You can pay in KHR, but the account is kept in US dollars, so the money is converted.
Do I pay tax on binary options profits in Cambodia?
Profits are taxed according to the local rules in Cambodia. This is general information, not tax advice.
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