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BINARY.COM BROKER - INFO
Binary.com is undoubtedly one of the best brokers I traded with. It has a large volume of traders from all over the world (US traders not accepted) and offers among highest payouts on winning trades at all times and in all market conditions. The number of Forex assets is exceptional and with trading times available 24/5 it is probably the best choice for traders with no fixed schedule. Registered for trading in many countries binary.com definitely is a broker worth trading with.
BINARY.COM - DETAILS
Minimum Deposit: 5 EUR/USD/GBP
Minimum Trade Size: 5 EUR/USD/GBP
Return Rates: 65% - 94% (Up/Down), up to 1900% (Touch/No Touch or In/Out)
Free Trading Education: Yes.
Personal Support: Yes (chat, e-mail, phone).
Demo Accounts: Yes. No deposit needed!
Mobile Platform: Yes. Android and iOS supported.
Trading Signals: Yes. 3rd party signals available.
BINARY.COM - PLATFORM FEATURES
- Platform Type: Proprietary
- Trading Options: CALL/PUT, TOUCH/NO TOUCH, BOUNDARY
- Expiry Times: Fully flexible from 5 ticks (or 1 minute) to 1 year.
My rating: ★★★★☆
Previously known as BetOnMarkets.com the company started offering financial trading and betting services in the year 2000 when they registered a patent for betting on financial indices with fixed odds. They soon became the market leader in this emerging industry.
From the time of their establishment, they received numerous awards for their service(s) and always held excellent reputation among their clients.
The service re-branded in 2013 when BetOnMarkets became known as Binary.com. In 2015 they reached the volume of over 1.000.000 transactions (trading deals) per day, including virtual accounts.
Their latest additions, introduced in 2016, are binary.com shop and binary bot programming tools, where their clients can get a large number of trading tools or even develop their own.
Being an experienced company, a market leader and trendsetter for since the very beginning and holding excellent reputation all this time, binary.com is a broker you don't want to overlook.
Binary.com offers proprietary trading platform, which in many cases surpasses other third party platforms such as Tech Financials or popular SpotOption platform.
Main advantage of their trading platform is a fully flexible selection of expiry times. Expiry can be fixed at a certain time or set as a duration from the trade entry, and the trade can last anywhere from 5 ticks, or 1 minute, all the way up to 365 days. This feature gives full flexibility to apply any trading strategy.
In addition, trading positions can be sold with reduced profit or loss prior to expiry, depending on the price offered. This tool is known as 'buy out' or 'early closure'.
Binary.com charts are fast and responsive with possibility of applying direct technical analysis on fully flexible tick or time charts.
Web based platform is available, as well as Android and iOS platform for mobile trading.
Assets
Binary.com offers a wide range of underlying assets: currency pairs (30), commodities (5), stocks (40), and indices (29) alongside with volatility indices (11). It is exceptionally rich with Forex pairs, and the best thing is that it offers high payouts on FX Majors as well as FX Minors at all times.
Types of Trading
Binary.com broker offers Up/Down (Call/Put), Touch/No Touch and In/Out trading with fully flexible expiry times and manually adjusted price margins for touch and boundary trades. In addition they offer Forex Volatility Indices trading, which can also be traded during weekends.
Trading Tools
Early trade closure (buy out) is available. Based on the current strike rate and trade settings, you can close the trade before expiry time with reduced profit or loss. Definitely a tool that can be well utilized, especially in more volatile market conditions or with trades with a bit longer expiry.
In addition there are many tools available in their binary.com shop, developed by independent providers. These range from MT4 plugins, trade copiers and replicators all the way to robots and signals. Binary.com API is one of the best frameworks for developers, which makes it easy to integrate almost any trading tool.
Among newest additions is also binary.com robot, which is fully adjustable and can be custom built in a way of connecting building blocks and setting different rules. Each trader can build his own robot based on his own trading strategy.
Return Rates
Binary.com offers some of the best return rates for classic Up/Down trading in all market conditions. Return rates can range from 65% to 88%, but the average return rate is somewhere at around 75%. That being said, you can decide what trades to take, since return rate is always displayed before the trade entry.
However an average 75% return rate on all assets and in all market conditions, available 24/5, is probably not encountered with any other broker. If you are not a single asset trader and are looking for opportunity trades across different assets then binary.com is the best choice in aspect of high return rates.
Return rates for Touch/No Touch and In/Out trading can be all the way up to 1900%, depending on your own trade settings.
Support and Education
Binary.com is a big broker and sometimes their lack of personal support or speed of their response can be a bit low. They won't bother you with phone calls or encourage you to invest - so you have to 'motivate' yourself on your own to trade with them. In my opinion (being an experienced trader) this is not a bad thing. I hate brokers always calling me and asking if I need something.
That being said, if you contact them by chat, phone or e-mail, they will answer you and will help you resolve any issues you might encounter.
Binary.com offers excellent support for beginners by providing an online platform tour, interactive trading tutorial, learning center with trading videos and daily market reviews (Binary TV), live webinars and also with video archive of past webinars. They are actually loaded with information, so in most cases personal account managers who would be calling you by phone are not missed. Even in case of beginner traders.
And ff you are a big size investor or trader, you can always ask for dedicated support.
One of the best features, which is perfect for beginners, is an option to get a free no deposit demo account, so you can properly test their platform and trading interface before switching to real account. Registration for free virtual account is done in 2 steps and it takes less than a minute to complete. No personal details are required.
Free Trading Webinars
Video archive of trading webinars is available on binary.com website for free, even for non-registered website visitors. In order to get invitation to live webinars, you will have to register - but it is enough to simply create a free demo account with no need to make an deposit or enter any personal details. Your e-mail is enough for this purpose.
Binary.com webinars are original and are some of the best I have seen offered by brokers. Webinars cover many topics ranging from technical analysis to trading strategies and systems, news trading, price action, money management and more. Definitely recommended for any beginner and even advanced traders to take a look.
Free Demo Account (No Deposit Needed)
Binary.com is one of the rare brokers who offers free demo trading account for life, with no need to make a deposit. Getting a $10.000 demo account is extremely simple. Just click on the button below, enter your e-mail and you will receive a confirmation code for opening a free demo. Use your e-mail and confirmation code for first login and then set your account password. No other personal details are requested for opening a free demo account, not even your name. However, if you would like to upgrade to a real trading account, you will have to provide additional details.
BROKER AND COMPANY INFORMATION
BROKER AGE: 17 YEARS
BROKER POPULARITY: #3 IN BINARY OPTIONS BROKERS
AVG. VISITS / MONTH: 2.000.000
WORLD RANK (FINANCE): #68
COMPANY: BINARY LTD
TRADERS ACCEPTED: NON-USA TRADERS
TRADING PLATFORM INFORMATION
PLATFORM TECHNOLOGY: PROPRIETARY
MOBILE TRADING: IOS, ANDROID
BANKING INFORMATION
MINIMUM INVESTMENT: 5 (EUR/USD/GBP)
MAXIMUM INVESTMENT: N/A (EUR/USD/GBP) PER DAY
MINIMUM PER TRADE: 5 (EUR/USD/GBP)
MAXIMUM PER TRADE: 5.000 (EUR/USD/GBP)
MINIMUM WITHDRAWAL: 5 (EUR/USD/GBP)
MAXIMUM WITHDRAWAL: 100.000 (EUR/USD/GBP)
DEPOSIT TYPES: CREDIT CARDS, E-BANKING (SKRILL, NETELLER, ...), WIRE TRANSFER
WITHDRAWAL TYPES: CREDIT CARDS, E-BANKING (SKRILL, NETELLER, ...), WIRE TRANSFER
AVG. WITHDRAWAL TIME: 1-3 DAYS
TRADING INFORMATION
DEMO ACCOUNT: YES, NO DEPOSIT NEEDED
TRADING TYPES: UP/DOWN, TOUCH/NO TOUCH, IN/OUT (BOUNDARY)
TRADING TOOLS: EARLY CLOSURE, SIGNALS, ROBOTS, ANALYSIS, TRADECOPIERS, ...
ASSETS: CURRENCIES (30), STOCKS (40), INDICES (29), COMMODITIES (5), VOLATILITY INDICES (11)
EXPIRY TIMES: FULLY FLEXIBLE - 5 TICKS to 265 DAYS
RETURN RATES: ASSET, TRADE TYPE, EXPIRY TIME and TIME OF TRADE (AVG. 65% - 94%)
SUPPORT INFORMATION
PERSONAL ACCOUNT MANAGER: PER REQUEST
PHONE: YES
E-MAIL: YES
LIVE CHAT: YES
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