Best binary options brokers in Guyana
No law in Guyana bans binary options, so residents can open an account with an international broker. Of the three platforms we rank, all three take clients from Guyana. Their accounts run in US dollars, so every deposit in Guyanese dollar (GYD) is converted.
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 Guyana
- 1
Our top pick in Guyana
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 Guyana
- 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
Available to people living in Guyana
- 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.
Guyana at a glance
| Capital | Georgetown |
|---|---|
| Currency | Guyanese dollar (GYD, $) |
| Official languages | English |
| Time zone | America/Guyana |
| Financial regulator | Guyana Securities Council |
| Binary options | Legal (no law prohibits them) |
| Brokers accepting residents | 3 of 3 we rank |
Is binary options trading legal in Guyana?
Binary options are legal in Guyana. No binary-options-specific framework was found. Residents typically use offshore brokers.
Before you deposit, check Guyana Securities Council’s public warnings and note who you are contracting with: these brokers are registered outside Guyana. Our legality guide shows how we classify each country.
Tax
Profits from binary options must be taxed according to the local rules in Guyana. The broker does not deduct tax for you. Keep your statements and payment history. This is general information, not tax advice.
Paying in GYD
Deposits from a GYD account are converted once on the way in and again when you withdraw. Compare the amount taken from your account with the dollars credited to see the real 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 Guyana time
| Market | Nov–Mar | Apr–Oct |
|---|---|---|
| Tokyo | 20:00–02:30 | 20:00–02:30 |
| London | 04:00–12:30 | 03:00–11:30 |
| New York | 10:30–17:00 | 09:30–16:00 |
Currency pairs move most while London and New York are both open: 10:30–12:30 in winter and 09:30–11:30 in summer in Guyana. On Saturdays and Sundays only OTC assets are open.
First steps from Guyana
Practise on the demo first. Register with your real details and Guyana as your country of residence, as the broker verifies this before paying out. 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 Guyana?
Pocket Option is our pick for Guyana: 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 Guyana?
No law in Guyana prohibits binary options. The brokers that serve Guyana are registered abroad and are not licensed locally.
Can I deposit in GYD?
You can pay in GYD, but the account is kept in US dollars, so the money is converted.
Do I pay tax on binary options profits in Guyana?
Profits are taxed according to the local rules in Guyana. This is general information, not tax advice.
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