Binary.com Review provides an online-based binary option platform and CFD-based platform (MT5) that is operate and owned by Regents Market Group. Regents Market Group. The platform allows you to trade on the financial markets which include cryptocurrency and forex markets. This review will give you all the facts you should know about the platform prior to signing to create an account and start trading.
It wasn’t until 2013 that BetonMarkets.com was change to Binary.com from the owner of the company to be the leading company in a plan for expansion in order to capture more of the financial trading.
Today, the company’s headquarters are in Malta situated in the Mompalao Building, Suite 2, Tower Road, Msida MSD1825. Binary.com continues to serve more than 1 million customers across the globe.
The company has expand with satellite offices added to Malaysia in addition to Japan in addition to Japan. The platform is being develope to be able to handle MT4 in addition to MT5 integration. Ovik Mkrtchyan
Regulation & Reputation
In terms of its status, Binary.com is an award profitable platform. Over the years, Binary.com has won numerous honors from top reviewers from the financial industry.
These awards confirm the high-quality service Binary.com has provide in the past to its clients.
It is crucial for traders to be aware that they are dealing with an accredit and licensed broker.
To ensure regulatory oversight, Binary.com is regulate by the Malta Financial Services Authority as a Category 3 Investment Services provider under the license number IS/70156. Ovik Mkrtchyan
The Isle of Man and the UK, Binary.com is regulated by the Gambling Supervision Commission and the UK Gambling Commission respectively.
The platform was also given the Remote Bookmaker’s license through The Revenue Commissioners in Ireland.
Trading Platforms
It’s interesting to note that Binary.com gives its customers an array of trading options. Trading platforms can be classed as (1) basic platforms, as well as (2) the more sophisticated platforms.
Basic Platforms
There are two types of platforms that are simple that is the Binary.com platform, as well as the Binary Tick Trade Application. Binary Tick Trade Application. Both platforms are design to trade binary assets and specifically design to work on mobile devices.
Advanced Platforms
Regarding the most advance trade platforms as well as software Binary.com provides the following functions:
MetaTrader 5 is the platform for CFDs and forex trading. MetaTrader 5 platform that is use suitable for CFDs and forex trading
The Binary WebTrader is a sophisticate trading platform that deals in binary options.
Binary Next-Gen platform provides one of the Binary Next-Gen platform that offers the most modern tools for trading
The platform for trading binary. The Binary Bot platform create to allow the automate trading of binary
Mobile Trading
As we also said previously that Binary Tick Trade is a Binary Tick Trade app is specially design by traders who would like to be able to move about and not be dependent on their computer terminals to trade.
The app is free download and can be download through the Apple App Store as well as Google Playstore. Through the app, traders can check the status of their accounts when trading and perform trades.
Trading Accounts Available
Concerning the kind of trading platform available to customers on Binary.com The broker has two types of accounts that are able to be used to trade on the market with a traditional account for trading and an account that is virtual.
Virtual Account
The demo account, also known as a virtual one is basically an account to test the waters, and includes $10,000 of virtual cash. It lets novice traders test trade platforms and strategies without the risk of losing any real money.
It also provides a tool that allows advance traders to run back-tests on the strategies and theories used in trading.
Standard Account
If you’re comfortable enough with live trading, you’re eligible to open an account for trading on a regular basis. Contrary to many binary options brokers which require a deposit of $250 or more to open an account to trade live Binary.com requires a minimal amount of $5 to open an account, making Binary.com considerably cheaper.
The process of signing up to create an account can be simple and straightforward. If you’ve already register for a demo account, making it a virtual one and then to a regular account is made even easier with a single mouse click.
Account MT5
The MT5 account is a source of CFDs on forex, cryptocurrency as well as a wide range of other financial markets. Metatrader 5 is an innovative addition to the current offerings. It is expect to be in operation in the spring of 2019.
The software is therefore contemporary and comes with a variety of features modern traders require. Limit orders and stop loss advance charting and testing trading strategies and one-click trade.
The MT5 platforms were recently tweak and include titles that reflect latest features that are use by each account.
So, the standard account became “MT5 Financial” Advance Account” was change to ‘ MT5 Financial STP‘.
This is the Synthetic MT5 Indices has been change to just ‘ MT5 Synthetic‘.
The meta-trader services provide by Binary.com is constantly improve and upgrade. It is a distinct part of the business.
Bonus
At present, Binary.com are not offering any type of trade-for-free or deposit bonus.
Assets & Instruments
The website Binary.com customers can invest in CFDs as well as four types of binary options. These include Up/Down, Touch/No-Touch In/Out, and the End In/Out.
For a list of the different underlying assets available, you can select the 114 types of assets. They include 30 currency pairs, four-currency indexes , 28 market indices, 40 types of stocks, five kinds of commodities, as well as seven different types of market volatility indexes.
The addition of the The MT5 platform, the options are expand further.
Customer Support
To make life easier for their clients, Binary.com has translate their website into over 12 languages. To get customer support, traders can reach their customer support through live chat.
The complete contact details are available on the Contact Us page on this website.
Deposit and Withdrawal
For the payment method that is recognize through Binary.com There are plenty of choices. You can use the most well-known credit cards such as VISA, Mastercard. In addition, you can put money into your trading account by using electronic wallets such as Skrill and Neteller.
You can also transfer accounts to trade via online exchanges such as Western Union. If you aren’t connecte to an internet connection the funds can be transfer using wire transfer.
Cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum are also recognize as fiat currencies. In the case of withdrawals the entire process will take between one and five business days depending on the method you choose.
How to Trade
Binary.com provide a unique platform that is different from all other screens that allow trading. We provide a “How to” guide, explaining the steps of trading.
Below is a photo of the normal view of the trading platform Binary.com. The currency that is use is the AUD/JPY. The kind of trade you can choose is Rise/Fall. The price details are include.
Additionally, there are “purchase” buttons to the right of the screen to complete the contract.
Higher – The price at which you exit (also known as the closing price) must be higher than the price you enter, or the initial price for the price to be effective.
Lower – The price of exit or closing price should be lower than the price at which it was enter or the price at which it was set to begin in order to be consider successful.
The amount is the one that will be paid when the contract is due to expire. This is determine using an option call length. It can be set to ticks, hours minutes, days or even hours.
After the trade is complete as per the specifications the trade is able to be open any manner and at the right time frame. The contract is purchase and will remain in force until expiration date. Be aware of the payments, since they fluctuate according to the fluctuations of the market and other variables that affect the price.
is Binary.com the best option for Trading on a daily basis? Trading?
To trade on the day, Binary.com is a suitable platform as it is capable of offering a expiration time for binary options which could be as low to two mins. The enormous returns also assist in proving the risk associated with the trading of binary options.
The products offered of Binary.com’s website Binary.com website include binary options and contracts for difference (“CFDs”) and other complex derivatives.The trade of binary options may not be suitable for everyone. CFD trading comes with a high degree of risk since leverage can be used to your advantage as well as against your advantage and against. So CFDs on this site may not be suitable for everyone due to the risk that you will lose all the capital you put in. It is not advisable to invest money isn’t worth losing and never make a bet on borrowing money. Before you trade in the complex CFDs provide, you must be aware of any potential risk.
Accepted Countries
Binary.com lets traders trade locate in Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, India, France, Germany, Norway, Sweden, Italy, Denmark, Saudi Arabia, Kuwait, Luxembourg, Qatar and many more.
The traders aren’t able to make use of Binary.com for trading from United States, Malaysia, Hong Kong, Iran, United Arab Emirates.
