Binary.com Broker Review 2019
- Online since 1999
- Jurisdiction: Europe, UK, Internationally
- Software: Proprietary
- Max Returns: 91%
- Bonus: 100%
- Minimum Deposit: $5
- Minimum Investment: $1
- Maximum Investment: $50,000
- Currencies: USD, EUR, GBP, AUD
- Mobile: Yes
- Countries: All nations excl. USA, Japan or Hong Kong
- Rating:4.9 / 5
General risk warning: your capital is at risk
Binary.com is one of the oldest and most trusted brands in the world of CFD trading, forex, and binary options. Their trading platforms allow you to trade in the world’s financial markets with a variety of financial instruments including binary options, forex, cryptocurrencies, CFDs, and metals.
But is Binary.com a legit broker and can they be trusted? Or is it all just a scam? Continue reading this Binary.com review to find out the truth about this company.
SmartTrader is a web-based platform that allows you to trade in the world’s financial markets. Unlike other brokers that use SpotOption or other 3rd party platforms, Binary.com uses a custom-built interface that makes trading binary options as simple and user-friendly as possible. SmartTrader is an ideal option for beginner traders.
WebTrader is an advanced trading platform that can be fully customized to your personal preferences. This full-screen interface allows you to arrange your charts, asset index, historical data, and other resources however you like. This trading platform is very intuitive and has a lot of advanced functionality that makes it more suitable for intermediate and advanced users.
MetaTrader 5 is an advanced multi-asset trading platform that allows you to trade Forex, CFDs, and binary options. This powerful platform is recognized as the global standard for traders worldwide. MetaTrader 5 comes equipped with a variety of technical analysis tools as well as the ability to use automated trading robots and copy trading. Metatrader is available for Windows, Mac OS, Linux, Iphones, and Android.
Binary.com facilitates the need of its on-the-go user by offering them two different mobile-based trading apps to have an uninterrupted access to the market. The ultra-fast mobile trading apps help clients to never miss any trading opportunity without compromising the freedom of mobility.
Binary Grid – Binary Grid is a mobile trading app that is available for Android. Features include 24/7 trading, multiple contracts at a time, practice accounts, and a $1 minimum trade amount.
Tick Trade App – The Binary.com Tick Trade App offers a fast-paced trading environment with nearly instant win-loss results. You can easily place tick trades anywhere, at any time – even while on the move. You can set the pace of the trade to anywhere from 5 to 10 ticks.
Binary.com offers two types of accounts only including real account and demo account.
The demo account offered by Binary.com comes preloaded with $10,000 in virtual cash. By using a demo account, traders can practice different trading strategies or test out the Binary.com trading platform without having to risk any real money.
Once you’re confident enough to begin trading with real money on Binary.com’s platform, you can open a real account for free. To get started trading their financial instruments, only a $5 minimum deposit is required. This is easily one of the lowest minimum deposits required by any binary options broker, as most companies have a $200-250 minimum deposit.
The “Getting Started” section on the Binary.com website has a wealth of information that is perfect for beginners and novice traders. You’ll learn everything you need to know including:
- How to trade binary options
- How to trade forex currency pairs
- How to trade cryptocurrencies
- How to trade CFDs
- How to trade metals
- How to trade with the MetaTrader 5 platform
The same payment options that are available for deposits are also available for withdrawals. It typically takes between 1-5 days for withdrawal requests to be processed, depending on the payment method chosen.
Is Binary.com a Scam?
Binary.com is definitely not a scam. In fact, they are one of the most reputable and trustworthy brands in the binary options industry. They have multiple regulatory licenses to ensure ethical business practices as well as separating clients’ funds into segregated bank accounts. While many other binary option brokers have closed down for various reasons over the years, Binary.com has been running successfully since 1999.
Binary.com is perfect for both beginner and advanced traders. Their custom-built platform makes it simple and easy to execute trades on over 100+ different financial instruments. For the more advanced traders, you’ll enjoy the flexibility that the MetaTrader 5 platform provides.
If you’re looking for a reliable binary options broker and a great trading platform, you can’t go wrong with Binary.com
- Customer Service: Live Chat / Email: email@example.com
- Languages: English, Spanish, French, German, Russian, Arabic, Indonesian, Portuguese, Chinese, Polish
- Trading Options: High / Low, One Touch, Option Builder, Meta Charts, Ladder Options
- Early close: Yes
- Expiry Times: 15 sec, 30 sec, 60 sec, 2min, 15 min, 30 min, 1 hr, 24h, 24 hr+, End of Day, End of Week, 30 days, 150 days
- Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Skrill Moneybookers, CashU, Ukash, WebMoney, Paysafe Card, Neteller
- Withdrawal Time: 2 – 5 day
- Demo account: Yes
Smart Earning BD review: Binary.com: 4,5 stars.