Starting our Binary.com review, we want to say that it is an outstanding broker providing completely unique approach to trading binaries unlike nothing we have seen online. It is also highly regulated by MiFiD, MFSA and holding a license from MGA and Isle of Man Gambling Supervision Commission, which proves the company's firm stance as a secure and reputable firm.
This brokerage company can pride itself on over two billion dollars in processed trades, premium client service, award-winning trading platform, as well as a one-of-a-kind trading technology, which allows you to create unique profitable investment opportunities at any given time.
Binary.com Minimum Deposit
One of the main advantages of Binary.com is the lack of division into different types of accounts, such as, for beginners or for VIP traders. From the very beginning you access to a wide range of tools for successful trading.
You can start working with a broker after making Binary.com minimum deposit of $ 5 and you can immediately begin trading stocks, raw materials, Forex / currency pairs and indices, or try your hand at a Random trading, which is randomly generated simulation of market conditions that provides you to sell assets and get more pleasure from trading without strategies and analysis, with pure enjoyment of financial market without any obligations. It should be noted that Binary.com minimum deposit is probably the smallest in the entire field of trading options, since other brokers minimum deposits start from $ 10.
In this Binary.com review we should add that like any other self-respecting broker who claims to be the best in the world, the brokerage provides Binary.com demo account. It is available as soon as you register on the site. At your disposal Binary.com demo account will provide virtual $ 10,000, which will help you to fully familiarize yourself with the trading platform, to understand the basic principles of technical analysis and develop their strategy, which, in turn, can play a decisive role in your future success.
Deposits and withdrawals are easy to do and can be done through a variety of options, such as:
Credir/Debit Cards: Visa, MasterCard, UnionPay;
E-cash: Ok Pay, FasPay, PerfectMoney, Skrill, Neteller, Moneta.ru, WebMoney, Ukash, Qiwi, YandexMoney, Paysafecard;
Bank wire: Bank transfer, Internet bank transfer, Western Union, Internet banking.
E-cash deposits and withdrawals are either instant or can take up to a day, with plastic you may wait up to 3 days and for bank transfers to clear you may need to wait up to 5 days. All of the transactions should be done in the currency of your initial deposit. It is either USD, GBP, EUR or AUD.
Continuing this Binary.com review, we would like to note that flexibility is the prime goal of this brokerage company. With its help you would be able to deposit as much as you like, create trades from $1 up to $100 000 and make these trades count, as its investment system provides you with much resilience to adapt and prosper.
Binary.com provides its traders with unparalleled profit margins of above 100% on a variety of assets of Up/Down contracts and above a staggering 1 000% on High/Low and Touch/No Touch trades. I have yet to witness any other broker offering such lucrative terms for investing.
Presently, Binary.com is having a clear-cut strategy of providing sharp prices, flexible trades, controlled risk, power and simplicity of trading platform, security of funds in segregated bank accounts and trust through its numerous awards and accomplishments.
Trading binary options is quite simple and usually brokers also offer a common platform for mobile devices. But, unfortunately this broker does not provide Binary.com app yet. You can find Binary.com app on the Web, but remember that there is no official mobile application from this company.
Binary.com Trading - Instruments
Binary.com has an extensive Resources page with in detail asset index, trading times and guide, pricing charts and rise/fall to compare fluctuations across the market. On the website you can also find several charting tools to aid you in trading: Java Charts, High Charts and Live Charts. These provide traders with a wide range of Indicators, Overlays, Price Bands and customization in a language of your choosing.
Binary.com trading will need some time in getting used to as, unlike in any other broker, every feature here can be individualized to your liking. For Currencies, Indices, Stocks and Commodities you can choose trading Up/Down, Touch/NoTouch, In/Out binaries, as well as Asians and Digits for Randoms. You can freely choose an asset you would like to trade, duration of a trade in ticks, seconds, minutes, hours or even days. The minimum duration is 5 ticks and the maximum is 365 days, so you can trade as you like. Traders can specify how they would like to see their potential profit, either as a total payout or as a stake.
Be sure to have a look at My Account page, where you can see your trading portfolio, profits table, monthly statement, password, settings and affiliate opportunities. The first two are of the most importance as you can view the assets you trade, their profit/loss ratio and adapt your trading strategy accordingly.
Binary.com Trading - Support
Even the pickiest traders can be content Binary.com's professional support in technical details, deposit/withdrawal issues and others alike in 10 languages: English, German, Indonesian, Chinese, Arabic, Polish, Portuguese, Russian, Spanish and French. Having tested it myself, rest assured that the managers on the other side of the line are highly skilled and deeply specialize in the binary options sphere.
Customer support can be easily reached over the phone, via live chat or email, or Skype for a face-to-face interaction. Traders can also have a look at the FAQ section of the website, which offers a thorough look into the most common questions that traders may have when dealing in binaries.
As usual at the end of our Binary.com review, our team share with you information about Binary.com scam and that's what we have found: it is regulated by financial authorities such as MiFID, MSFA, has a license from the MGA and the Isle of Man Gambling Supervision Commission, which proves the reliability of the company and it cares about its reputation.
Another factor that disproves any claim about Binary.com scam is the presence of warnings about the risks that are associated not only with the unpredictability of the market, but also with the psychological characteristics of a person, namely the propensity to gamble, rash decisions, impulsiveness, attempts to make money not being sober, and so on.
In general, there are lots of positive feed-backs and reviews about this provider. Negative reviews are extremely rare, and they do not have any proof of Binary.com scam, and come mainly from those users who have lost money and are angry because of it.
Finally, Binary.com is one of a very limited number of companies who have developed and received patents on their trading technology, meaning that their way of investment in binaries is one of the most advanced and efficient ones. And you can trace the roots of the company in an exciting genealogical tree that start in 1999 with development of the binary system by Mr Jean-Yves Sireau to the most recent news, which is reaching of a milestone 1 million registered traders, who successfully trade on Binary.com.