BinaryBrokerZ is a London-based broker and has been active since 2014. It is a relatively new brokerage company and within the short time it has been in the binary industry, it has managed to craft a nice reputation of a broker that offers excellent trading service and high-quality support.
The number of binary options brokers has always been on the rise ever since the world woke up to the concept of binary options trading. Due to its immense popularity and the fact that a large number of people are interested in this type of investment, brokers are well aware of the importance of fulfilling the needs and expectations of their clients, so that they can enjoy a hassle free trading process to make money. BinaryBrokerZ is one of such brokers keen on meeting the needs and expectations of their clients and being amongst the best in the industry.
Traders at BinaryBrokerZ receive a personal approach from the broker, where they get real people to guide them through each step of the trading process. The broker thus has a good understanding of the needs of their traders and they are willing to offer the necessary help to assist the traders to reach the next levels in binary options trading. In this BinaryBrokerZ review, we provide you with all the relevant and necessary information about this broker as well as their trading services and the kind of tools you can expect to find, should you decide to make them your preferred broker.
The trading platform is usually a core consideration for traders when they are evaluating brokers and this is perhaps one of the reasons why BinaryBrokerZ became an outright favorite, despite being in the binary industry for a relatively short time. BinaryBrokerZ trading platform is simple and intuitively designed, and since the broker is keen on having long term customers, their platform provides a wide range of instruments and services necessary for successful binary options trading.
With this platform, traders can choose between different trading options including One Touch, Boundary, 60 Seconds, High/Low, Touch Options and Long minute etc. Traders can also choose expiry times such as 24 hours, 15 minutes, 5 minutes, 2 minutes and 60 seconds options amongst others. Additionally, the BinaryBrokerZ allows traders to choose between various assets such as commodities, stocks, indices and currencies.
Traders can make a deposit with BinaryBrokerZ when they register for the first time before they are free to choose and asset and start trading binary options. The minimum amount of deposit required is $250, while there is no limit to the maximum amount. Unlike other brokers which restrict traders to choosing and sticking to one currency for each account., BinaryBrokerZ allows
Unlike other brokers which restrict traders to choosing and sticking to one currency for each account., BinaryBrokerZ allows a trader the versatility to change between currencies and traders may decide to trade in different currencies such as CAD, AUD, GBP, USD, RUB, and EUR. The minimum allowed investment for binary options by this broker is set at $25, with the maximum being capped at $2000.
BinaryBrokerZ Account Types
BinaryBrokerZ offers their trader the option to choose between four different account types, and these include various options.
BinaryBrokerZ Basic Account – just as the name suggests, this is most basic account and it comes with minimum deposit is between $250 – $999. Traders are welcome to read Daily market reviews and sharp their skills with BinaryBrokerZ demo account. Demo account includes $1000 virtual money. This trading account allows Bonus up to 35%. Traders can use BinaryBrokerZ eBook that might be helpful to learn and get the latest information from the binary market and receive up to five basic educational lessons. BinaryBrokerZ Basic account includes professional account manager.
BinaryBrokerZ Silver Account starts with deposits between $1000 – $2499. This BinaryBrokerZ account also includes a demo account, but with $5,000 virtual money. Traders that decide to register with this account will receive up to 45% of bonus. BinaryBrokerZ Silver account comes with a personal junior broker and 10 basic educational lessons. Trading with Silver account allows Risk-free 5% and BinaryBrokerZ eBook and Daily market reviews.
BinaryBrokerZ Gold Account requires deposits between $2500 – $9999. traders that register with Gold account will be able to trade with BinaryBrokerZ Demo account with $15000 virtual money. In our BinaryBrokerZ review, we have found out that Gold account welcomes its clients with 20 basic educational lessons, eBook, and Personal senior broker.
BinaryBrokerZ Platinum Account allows deposits of between $10000 – $24999. BinaryBrokerZ Demo account comes with $50000 in virtual money. Like in previous accounts, Platinum account welcomes traders with eBook and higher bonus (up to 65%). BinaryBrokerZ Platinum account provides up to 50 premier educational lessons and private telephone alerts. Platinum clients are allowed to contact their personal chief broker and they can use Risk-free trades (10%).
BinaryBrokerZ also has an excellent mobile trading feature. The mobile app is available for both Apple and Android devices and it gives the traders the versatility to put their trades and monitor them from any place and at any time. The traders thus don’t have to be in front of their computers at all times since they can carry along their trades with devices such as phones and tablets.
The BinaryBrokerZ demo account feature is also worth mentioning about this broker. Traders can use a demo account with virtual money from the platform and this is vital for learning purposes as well as acclimatizing one’s self with the platform and its features. Through the demo accounts also, traders have a way of testing their strategies and evaluating their performances without necessarily risking real money. The BinaryBrokerZ demo account is a winning feature for this broker since not so many brokers usually provide it for their traders. As indicated above, the amount of virtual money available on the demo account will depend on the type of account opened by the trader.
On the BinaryBrokerZ platform, the broker has enabled educational center where traders can find different relevant information for successful binary options trading. For those interested in getting in touch with the customer support staff, the broker is generous enough to provide various means such as a telephone number, email and chat for prompt responses.
It must, however, be noted that there is still a lot of work which needs to be done on the platform, but those are for future improvements. For instance, the BinaryBrokerZ platform is available only in English and this can be fairly limiting, there are many people from different parts of the world who are would be interested in the broker, but if English is the only language, the non-English speaker will feel left out.
Additionally, the BinaryBrokerZ FAQ section is not very exhaustive and traders may not find all the information they need from there. AS a result, there will be many inquiries to the customer care department, yet this is not how it is supposed to be. It is, therefore, imperative for BinaryBrokerZ to populate their FAQ section with all the relevant information so that it becomes more useful to the traders.
BinaryBrokerZ Banking and Company
BinaryBrokerZ is indeed a trustworthy broker with a variety of payment methods. The broker allows payment methods such as credit cards like Visa, Maestro, Mastercard, Visa Electron, Neteller, Skrill, Money Bookers and Bank Wire Transfer amongst others.
Unlike other brokers in the industry, BinaryBrokerZ does not charge fees for withdrawals. The minimum amount traders are allowed to withdraw is set at $25 and the withdrawal period can take anywhere between 2 – 5 working days.
It should also be noted that the broker accepts binary options traders worldwide, with the exception of being unavailable for some countries including the United States. Being a relatively new broker in the industry, BinaryBrokerZ has already proved itself and it will soon be one of the top brokers to watch out for in the industry.
