Binary.com Review Binary.com is based in Malta and the Isle of Man. BetOnMarkets.com, as it was known in 1999 when it was set up, was rebranded as Binary.com in 2013….Read Full Review
Binary.com is based in Malta and the Isle of Man. BetOnMarkets.com, as it was known in 1999 when it was set up, was rebranded as Binary.com in 2013. The binary trading platform is owned as well as operated by Regent Markets Group. The binary options trading platform provider, fully licensed and regulated in both Malta and the Isle of Man, makes use of different corporate vehicles for serving clients in the UK and European Union. The broker does not accept US traders. Binary.com has carried out more than 15 million transactions for their clients (in excess of 300,000) around the world.
- Min.Deposit : $5
- Regulated By MFSA, MGA, MiFID
- Deposit Options: Credit/ Debit Card, Wire Transfer, WebMoney, Skrill, Netteller, Indonesian Local Deposit
- Payouts : 80-90%
Rise/Fall: You just have to predict whether the price of the asset selected by you will Rise above or Fall below the Strike Price by the end of the contract expiration period.
Higher/Lower: In this case, you choose a Strike Price and then decide whether the price of the asset will finish higher or lower than the chosen level by the expiry time set by you on the contract.
Touch/ No Touch: This option allows you to set a price level that you believe the asset will either touch, or not touch, by the end of the contract period.
In/Out: You set up a range and then predict whether the price of the asset would be within or outside the range at expiry.
Asians: Choose Asian Rise/Fall.
Digits: Choose the last decimal digit of the spot.
Binary.com makes use of a proprietary binary trading platform. It is easy to use as well as navigate. Currently, the broker does not provide a mobile trading platform. However, the broker’s website is very responsive and adjusts to the screen size of the mobile devices.
The binary options broker offers just one single account type, which is designed to cater to the needs of all categories of traders. It is free to open a real and live trading account. Initial deposit is required to be made only when you want to start trading.
Accounts that are live can be operated using currencies USD, GBP or EUR. At the time of opening your account, you need to specify the currency in which you want to operate your account.
Virtual account or demo account can be opened without any hassles. You will be provided with USD 10,000 of virtual money for practicing trades on the demo account.
At Binary.com the payout varies from 60 percent to 110 percent depending on the type of contract. You will be able to see the exact payout on the right side on the binary options trading platform. However, it is important to keep in mind the fact that the payout ratio changes based on the fluctuations in the market.
The minimum amount to be deposited to start trading is USD 5, but the website clearly specifies the amount to be deposited, minimum and maximum limits, depending on the deposit method that you choose. It is easy to park money into your trading account as the broker supports a wide range of deposit methods such as Bank wire or Money transfer and Credit or Debit card as well as E-Wallets and third-party payment processing, which include CashU, FastPay, Skrill, WebMoney, Ukash and Neteller.
You can withdraw money from your account for free. However, the processing times and the minimum and maximum withdrawals are dependent on the method of withdrawal that you opt for. Typically, it takes about five working days for processing withdrawal through bank wire and 3 working days for processing withdrawals through credit and debit cards.
Customer support services provided by Binary.com are one of the best in the industry. They offer customer services through four Toll Free numbers to traders in Russia, Australia, UK and New Zealand. Traders located in regions other than these are serviced with the help of a generic direct telephone helpline number, which can be accessed 24 hours in a day.
Binary.com also makes available a call-back facility. All that you have to do initiate this feature is to submit a request to the broker’s customer service department through the contact form provided on the website. As many customers have to be serviced, it is not a good idea to depend on the call-back facility. For any immediate assistance it is better to call the broker’s customer service department directly. Additionally, Binary.com makes available a direct email address for customer support. Further, they make the website available in English, Spanish, Indonesian, Russian, French, Russian, Dutch, Portuguese and Chinese.
In general, Binary.com does not offer a great deal by way of deposit bonus. However, they do run offers periodically.
Indices – FTSE, DAX, NASDAQ, RTS, DOW, TADWUL, KUWAIT, BOMBAY SE, SSE180, S&P FUTURE, HANG SENG, STRAITS TIMES, KL FUTURE, TEL AVIV 25, NIKKEI 225, TOPIX, NIFTY, IBEZX, ASX
Currencies – EUR/ USD, USD/JPY, USD/CHF, USD/CAD, EUR/GBP, USD/TRY, GBP/USD, USD/BRL, USD/RUB, USD/EGP, USD/ZAR, NZD/USD, USD/SGD
Commodities – Gold, Platinum, Silver, Oil, Sugar, Wheat, Coffee
Stocks – Amazon, Apple, BNP Paribas, BP, BAE Systems, British American Tobacco, Citigroup, Fiat, Coca Cola, France Telecom, Goldman Sachs, Google, Gazprom, HSBC, IBM, Lukoil, Nike, Nissan, Petronas, Microsoft, Retuers, Rolls Royce, SAB Miller, State Bank of India, Sberbank, Tata Motors, Teva Pharma, Tesco, Turkcell
Randoms – Random 100 Index, Random 75 Index, Random 50 Index, Random 25 Index, Random Bull, Random Bear, Random Sun, Random Moon, Random Mars, Random Venus, Random Yang, Random Yin
Bianry.com offers a great deal of education and training material. However, charting is one of the unique features that the broker makes available on the website. The different types of displays that traders can choose from include Line Charts, Pop-up Charts, Interactive Charts, and Legacy Charts.
Wide ranging assets and contracts
Minimum deposit required to start trading is low
No dedicated mobile app
Binary.com forms part of a large multinational conglomerate. It is, therefore, a reliable binary options trading platform provider. The fact that they make available a demo account indicates that both new and experienced traders can consider opening an account with them.Visit Site