According to Binary.com, this is one of the oldest and one of the highly respected brokerage companies in the binary industry. Many years of expertise have helped in providing flexible and comprehensive products to its clients. Binary.com claims to have a high level of reputation and it tries to ensure a trustful environment for its traders.
Among excellent trading services Binary.com is based on Proprietary platform and it is regulated by MGA. Read more about unique Binary.com services in our detailed review below.
Binary.com Account Features
Binary.com broker is supported by extraordinary Proprietary binary options platform. The combination of Binary.com and Proprietary platform will ensure a somewhat different trading experience like traders have met with other trading platforms. We can say that Binary.com belong to the 21st century and modern approach towards binary options.
Before we start talking about Binary.com trading platform we would like to mention that we liked charting section with several excellent views for the preferred quotes as graphs. In our Binary.com review, we have noticed that traders can check real time candlestick graph with an interactive Java run charting software. This feature enabled traders to run various technical tools in order to determine the possible range of price moves. When we compare Binary.com with other brokers, we can say we haven’t seen others offering such options in the trading analysis. Binary.com review has shown this broker has put a lot of effort to offer the most innovative environment.
We have found Binary.com provides various educational opportunities for its clients. We were pretty shocked when we found so many available educational services with Binary.com. Traders are welcome to check out some of the training videos provided on the site, find out most important security tips, attend various webinars, get weekly market updates, use some of the useful Binary.com applications and watch other educational videos. Attending some of the webinars is always a useful thing where traders get latest updates about trading techniques and improving some skills. Most of the educational materials and webinars are free to use, while for some of them traders need to pay extra money.
As we have already mentioned, the interface of Binary.com is based on the Proprietary platform. Besides innovative services this broker offers, we have to say that Binary.com provides an unseen range of underlying assets and different products packages. Along with basic charting features, traders that register with Binary.com can use some extra additional charting options that enabled easier analysis for each option. With this option, traders can enjoy to use a wide range of trading opportunities and have a deeper analysis before they place a trade with the certain asset.
In Binary.com review we have found five basic types of binary options available for trading. Binary.com traders can choose between:
Rise/Fall – traders place trades based on the direction of the starting price
High/Low binary options – this option aims to see if the price will end lower or higher than a price target
Stays In/Out Boundary option – this option lets traders execute trades according to defined range of prices. The asset could stay within a defined price range (IN) or outside the defined price range (OUT) before the trade will expire.
Touch/No Touch represents traditional One Touch binary trading where trader can set the position of the barrier
Tick Trades Option – represents an extra fast short term trading
Among trading options we have mentioned above, Binary.com has recently introduced new and flexible Asian&Digits options. This option is not based on counting the pips, but traders place trades on the last digit of the expiry time. We can say this novelty provided extra features for Binary.com clients, and it also shows the innovative nature of this brokerage company. The implementation of Asian&Digits shows how gaming industry influences on binary options and creates new trading options for its traders.
Besides Asian&Digits option, Binary.com enables traders to place trades with Sell Option tool which gives traders the option to take better strategic decisions and set positions before expiry time. Since a Sell option is a standard package that comes with more or less every broker, we can say traders find it very useful.
Binary.com review has shown numerous opportunities with this broker and all these options have only two possible positions. The advantage of the Binary.com trading platform is that traders have the opportunity to compare their performance and this gives them the opportunity to make a decision. Besides various available options on Binary.com platform, we can say that platform is user-friendly and very simple to use. Binary.com platform provides both simple or advanced charting overview, depending on traders preferences. If a trader is a trading newbie and doesn’t want to use advanced charts, Binary.com lets them use simple overview of the platform.
In our Binary.com review, we have found the option to register with a Binary.com demo account service. We think demo account is a great feature that can help in learning more about trading features and gaining some additional trading experience with virtual funds.
When we speak about underlying assets, Binary.com provides traders to choose between 7 volatility indices, 28 indices, 5 commodities, 46 OTC stocks and 35 Forex pairs.
Binary.com Support Information
This broker doesn’t only offer standard customer support like some of the brokers does. Trading with Binary.com brings more than operational and technical support services, which bring more value for their clients. In order to contact Binary.com traders can choose between live chat, email, and phone support. Binary.com provides a call-back feature where traders decide when will Binary.com agents call them.
Binary.com has localized their customer support on several locations, so traders can choose to contact phones in United Kingdom, Australia, Canada, Germany, Indonesia, Ireland, Poland or Russia. We haven’t had any problems while we tried to contact Binary.com customer support.
Binary.com is one of the rare brokers that has provided special phones for those traders who encounter some trading problems. There are a lot of traders that fall into binary options trading without being aware of the risks that are involved. Binary.com cooperates with GamCare organization that supports people who try to recover from trading addiction.
Binary.com review has shown their support agents provide prompts and swift support to its clients. We like the call back option which additionally helps in providing better communication with traders.
This broker provides numerous payment options for its traders. As it is already familiar, all brokers that want to ensure better trading experience and give their clients high quality services, they must provide various payment options. Minimum deposit is only $5 and this includes very low withdrawal amounts which start from same amount. There is a certain withdrawal fee which depends on the type of the payment trader is using. Traders who want to find out more information about withdrawal fees are welcome to ask Binary.com representatives that will gladly provide this information.
Binary.com has offered traders to make deposits and withdrawals using various credit cards, e-Wallets, and bank transfers. We can mention some of them: Skrill, WebMoney, Union Pay, MasterCard, OKCash, Liberty Reserve, CashU, Visa etc.
Withdrawal requests are usually processed within 24 working hours. It is important to mention that traders will have to wait a bit until their funds are processed and visible on their bank accounts, and this depends on the bank provider trader is using. Binary.com has mentioned a five days processing time which is considered as the industry average.
Binary.com deposits are instant if traders use available credit cards like MasterCard or Visa . Traders who make withdrawals with these credit cards take about three days to arrive.
In our Binary.com review, we have found that not all the services support all trading currencies. Traders who have made a deposit with bank wire are charged with $25 fee and processing takes about 3-5 days.
Binary.com is owned by company Regent Markets that is located in Malta. This broker is licensed by Maltese MGA regulatory body under Reg no.: CL2/118/2000.
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In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, BinaryOptionRobot.com has financial relationships with some of the products and services mention on this website, and BinaryOptionRobot.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. Binary options trading entails significant risks and there is a chance that potential clients lose all of their invested money
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