We have investigated the suitability of four different binders for the conventional mesocarbon microbeads (MCMBs) anode material in Li-ion batteries. Unlike the conventional polyvinylidene fluoride (PVDF), the binders were water soluble and were either cellulose based, such as the lithium and sodium salts of carboxymethyl cellulose (NaCMC, and LiCMC) and Xanthan Gum (XG), or the conjugated polymer: poly(3,4-ethylendioxythiophene) (PEDOT, a.k.a. Baytron). All binders were commercially available except LiCMC, which was synthesized and characterized by FTIR and NMR. Thermal studies of the binders by TGA and DSC showed that, in air, the binders have a broad melting event at 100–150°C, with an onset temperature for decomposition above 220°C. Li/MCMB half-cell batteries were assembled using the studied binders. Slow scan voltammograms of all cells showed characteristic lithium insertion and de-insertion peaks including that of the SEI formation which was found to be embedded into the insertion peaks during the first cycle. Cycling of the cells showed that the one containing XG binder gave the highest capacities reaching 350mAhg−1 after 100 cycles at C/12, while the others gave comparable capacities to those of the conventional binder PVDF. The rate capabilities of cells were examined and found to perform well up to the studied C/2 rate with more than 50% capacity retained. Further studies of the XG-based MCMB electrodes were performed and concluded that an optimal thickness of 300–365μm gave the highest capacities and sustained high C-rates.