Binary.com
Binary.com emerges from a long-standing tradition of online trading and gaming websites. Their years of expertise is easily portrayed on their Binary.com binary trading platform. This unique platform offers some of the most innovative products we have seen thus far. In this Binary.com review, we will examine the various features that make Binary.com stand out from the rest. Their product pallet is by far their most outstand feature. We will show why thousands of people are choosing Binary.com as their first choice for binary trading.
Basic information:
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
Pros:
- Low minimum deposit ($10)
- Call Back feature for customer support
- Proprietary trading interface
- Wide selection of withdrawal methods
- Demo account for new users
Cons:
- Net wallet processing can take 3-5 days
Binary.com Special Features
Another great feature of Binary.com is the charting section which offers a variety of outstanding views graphs of the preferred quotes.
Here’s a taste of what the charting section includes:
- a candlesticks graph
- a real time graph
- interactive Java(R) run charting software that allows traders to run a variety of tools over the possible price quotes as well as determine the available range of pricing moves
We discovered this amazingly unique feature during our Binary.com review. Other platforms that offer good graphing tools do not manage to bring the analysis tools to this level of perfection.
Binary.com offers an exceptional educational section on their website. As we were conducting our Binary.com review, we participated in one of the many webinars offered by Binary.com. We feel this is a great tool for expanding one’s trading skills as well as general knowledge about binary options trading. On Binary.com, traders can view the times for the webinars so they can join in.
Binary.com Trading software
Binary.com offers five basic types of binary trading options:
- Rise/Fall, in which the trade focuses on the direction of the security as related to the starting price
- Touch/No Touch Options which are the standard binary trading options
- Boundary Options and Higher/Lower binary options in which the traders strive to determine of the price will increase or decrease as compared to the target price
- Ends In/Out and Stays Ins/Out options
- Advanced Range options including Tick Traders, which are super-fast term trades which we utilized the most during our Binary.com review
As our readers can attest from our Binary.com review, the possibilities on this platform are endless. All these options offer two possible choices with the platform offering both positions on the side transparently. The user can compare performances and make an educated decision before making a trade. The platform itself is very user-friendly and easy to navigate. However, the advanced charting tools make it a viable platform for experienced traders. At the same time, these tools won’t inhibit those who may be new to the market. For newcomers, Binary.com offers a demo/virtual account, which we feel is a great feature, although for we did not utilize it during our Binary.com review as we wanted to also concentrate on the baking features offered on the site.
Binary.com offers a vast array of trading assets. These include:
- 28 indices
- 27 currency pairs
- over 50 random indices which include one additional non-traditional asset classes offered exclusively at this time by this platform
- Three commodities, but traders can find more in the Sectors section as indexes
- A variety of smart forex pairs
Obviously, we were only able to trade with a few of these options in our Binary.com review, but needless to say, the possibilities are endless!
Screenshot
Binary.com Support information
There are also direct phone lines and a line dedicated to those who need assistance regarding issues pertaining to trading platforms. Users are often drawn to the binary trading market as well as other means of online trading without considering the risk. Binary.com also cooperates with GameCare, which is an organization that offers assistance for those recovering from a gambling addiction.
Their customer support team is very knowledgeable and well trained as they were able to answer all inquiries and solve all issues quickly and professionally. During our Binary.com review, we were happy to get such a quick response from customer support as this is crucial to those utilizing every aspect of binary trading. We were pleased with the call back service and feel this is an option that other binary options brokers and binary option robot should utilize as well. We were happy to test that unique feature as part of this Binary.com review.
Video: How to Open an Account to Binary.com
Binary.com Video: What Is Binary Options Trading?
Binary.com Banking and company information
Since the offer an extensive list withdrawal processes, we recommend speaking directly to one of their account representatives to find out which one is best for you. These include, but are not limited to:
- WebMoney
- Skrill
- Liberty Reserve
- UKash
- Debit or Credit card options
The typical withdrawal process for Binary.com is usually 24 hours, but it may take longer than this to physically see the money in your account. They make mention of a “5 working day” processing time on another section of their website so it might be safer to go with the five day processing theory, although during we experienced a very rapid withdrawal time during our Binary.com review.
We found that baking with Binary.com is a delightful experience as they have excellent services overall, for example because of the following points:
- They utilize a wide range of deposit and withdrawal methods that range from net wallets to credit cards
- Their fees are low
- The deposit requirements are extremely low when compared to other binary options platforms
- Binary.com accepts a variety of credit cards including Visa, MasterCard and Union Pay
- Deposits are immediately available and withdrawals take 3 days
- The minimum deposit is only $10, which is a huge plus in our opinion
- Bank wire is also available
The minimum deposits for bank wire start at $10, $25 and $100. They offer many options of net wallets including CasaPay, UKash, CashU, Skrill, Perfect Money, among others. The minimum deposit for net wallets starts at $5.
However, every service does not support all forms of currency for the trading account. The bank wire process takes longer than most and charges a fee of $25 and processing can take 3-5 days. During our Binary.com review, we tried to deposit the lowest amount as this is a unique feature amount binary options platforms. However later we deposited a larger amount so we could make uninterrupted trades.
Regent Markets in Malta is the company behind Binary.com.
Conclusion
Additional information
Customer Service: Live Chat / Email: helpdesk@binary.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
Binary.com Articles:
- Six Tips for Avoiding Cryptocurrency Scams - June 20, 2022
- Interview of Daria Glazko from IQ Option - July 20, 2016
- IQoption Adds New Deposit Feature and Forms New Partnership - July 5, 2016
The withdraw process looks too long indeed
Hi
I don’t see Binary.com to be among the Option robot. Com ,compatible brokers..
I actually heard good things about this one and was thinking of trying it. Is it ok for the UK? Anything else I should direct my attention towards?
Best,
Samantha
Hey! I just love trading with this broker! One question tho: I know there are some days or times the market doesn’t have great trading conditions, and you have to leave or just be patient and deliberate. But when the conditions/indicators are good, how long do you generally have to wait to find a solid trade? Another thing I’m curious about is are you supposed just find one stock to trade or use multiple charts and find the best trade at that moment? Thanks a lot! Best, Steve
I’ve recently heard from a friend that he is trading on binary options. I have no experience and just wanted to get some opinion on a safe a legal broker.I need to be able to learn a good strategy with it. Can someone recommend a good place to start? Also, please tell me if there are the brokers I should stay away from. Thanks in advance!
I’d recommend going for Binary.com and IQ Option, since I’ve used them before and they seem to work out. IQ Option does have its cons cause it tends to screw up at times but I’d give it a decent 4.5/5.
A lot of people would say these are scams, but that’s cause they’re just bitter about the fact that they lost a ton of money over stupid trading. If used the right way you can actually monetise it as a daily income. Before choosing a broker, I’d advice you to check into it’s history and reviews before actually depositing any amount in it