Binary com Broker Review + Bonus on First Deposit. Is it Scam or Not?

This low deposit amount is a far cry from the
$250 deposits required by many brokers. One of the key features of Binary.com is its unique “fixed odds” trading platform. The platform allows you to set your trading price and
tells you the amount you will be returned, which essentially allows you to choose your profit. When you start trading the amount needed to
achieve a 10 dollar return, for example, will move up and down in front of your eyes. Once you confirm your trade, it is locked in, and
your payout amount remains fixed.

Binary (V) Ltd is regulated by the Vanuatu Financial Service Commission (VFSC). International clients who are trading forex and CFDs in the MetaTrader 5 are managed under this license. The address is Govant Building, Port Vila, PO Box 1276, Vanuatu, Republic of Vanuatu. A trader experiences many advantages and disadvantages of trading with Binary.com. However, Binary.com lacks in offering charting facilities for traders.

Demo and Trading Accounts

Binary.com allows you to Trade forex and CFDs with the MT5 trading platform which is a powerful multi-asset platform recognized as a global standard in the online trading industry. Binary.com has a long and well https://traderoom.info/ established reputation, having been around since 2000. Looking at customer reviews online we did find some complaints from users, but that is typical and nothing out of the ordinary for this type of broker.

A trader usually goes with an online trading platform that offers plenty of resources. Regularly conducting webinars or providing trading journals are beneficial for all traders. As a leading broker, Binary.com offers a chance for traders to trade at their convenience. It is one of the most reputed brokers in the industry that has been operating for years.

Conclusion of the Binary.com review: It is a legit online broker

Please note that it is not a “no deposit bonus” which means it is mandatory to make a deposit. In addition, please read the terms and conditions on the website to learn if the bonus subjects you to any restrictions. Furthermore, there is a diverse learning center for every customer of Binary.com.

In the cashier menu, you can choose “withdraw” to pay out your earned money. Note that you can set up a different security password for the cashier menu. Just insert your personal data and upload the requested documents. We recommend doing a full account setup before you start trading with real money.

From there, you can set up the demo account by providing the necessary information. This will allow you to test drive the platform and see if it fits your needs without risking your capital. When searching for the right trading platform, it is important to know what assets you can trade and have exposure to. The goal is to have a wide variety that fits your portfolios needs. According to the Binary.com home page, you can trade Forex, Crypto, CFD’s, Metals, and Look backs. If you want to know the full list of markets available, you can visit their asset index page.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. As well as a fully responsive mobile website, they also have an
app available on the App Store and Google Play. We want to help our readers in any way we can, but sometimes it’s better to talk directly with your investing site to get the answers you
need. For example if you have a specific query about your account you’ll need to contact them in person due to security.

Sometimes, forex offers higher returns and it’s more complex and it’s undertaken with higher risks compared to the binary options. However, with some luck and lots of practice, forex trading can be exciting and lucrative. Binary Options Brokers and trading platforms have their benefits and drawbacks. The two main trade types are cash-or-nothing and asset-or-nothing.

What is Binary.com?

Overall, our research concludes that Binary.com is not a scam. Binary.com has some similar characteristics to a betting company and. Some of their products are a bit confusing, looking like Forex and Roulette had a baby… not sure what to make of it. But call it gambling, call it trading, it’s always better to do business with a regulated company than with one that doesn’t even show a proper address, not to mention a proper license.

When you begin trading, you will notice that the trading screen lets you customize your position completely. The platform is robust and secure, so there are no concerns about the safety of information or funds while using it. You can easily access it via the web browser of your choice and in one of 13 different languages. There are also many customizable features, including arranging and loading assets, charting, and additional resources however you want. In May of that year, it registered the name BetOnMarkets and moved to Malta to get an internet betting license. The website went live, with the company quickly becoming the market leader for fixed-odds financial betting.

Use the free Binary.com demo account

We are committed to the fair handling of reviews and posts regardless of such relations. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

For example, the governing bodies you will be under when trading on Binary.com include the Isle of Man, Malta, or Costa Rica. That being said, it may benefit you to have a general understanding of how their financial laws work. From there, you can see how security is handled, as well as conflicts and the risk disclaimer.

Steals your funds not by the binary trading options but by limiting your ability to trade and setting a time limit and fund limit to withdraw. Basically forced forfeiture of your funds with no fair option to transfer and return them. Allegedly, these apps use secret algorithms to detect the next move in the market and then automatically open a trade, without additional user action required. However, in the real world that’s not how things work and all robots we’ve reviewed so far proved to be cheap scams.

With more than 1,800 solutions scrutinized in the last 5 years spent on our team he always prioritized offering readers an unbiased perspective on modern financial technologies. You can contact their customer support agents round the clock from Monday to Friday. You can phone them, request a call back, or simply email them your query.

Traders who believe they created a good auto trading robot can also sell it in Binary.com and get 80% of the sales revenue. This motivates traders to be more innovative and precise while building their BinaryBot. Binary.com offers a $20 bonus if you open a new account and make the minimum deposit.

The SmartTrader trading platform is a simple and easy to use platform. Via the SmartTrader platform provided by the broker, you can trade binary options on financial markets around the world. Binary.com also supports two charting platforms that allow traders to study the financial data relevant to their strategies and potential trades to predict market movements. TradeView for Binary.com offers powerful technical analysis and charting, along with the ability to analyze markets using overlays, price bands, and indicators. SmartCharts also provides interactive charting, letting users analyze financial markets with beautiful visualizations and unique trading tools via an intuitive, fast interface.

• The minimum
  trade amount is just $5, which makes this a decent beginner broker.
• Unlike many brokers, there isn’t a menu of accounts to choose from, there are just Virtual and Real accounts.
• In addition, you can trade Forex and CFDs with the MetaTrader 5 Platform.
• The SmartTrader trading platform is a simple and easy to use platform.

Binary.com processes deposits and withdrawals in just 24 hours. But traders should note that their fund transfer services or banks may require extra processing time for which Binary.com is not responsible. If you are new to Binary.com, we suggest that you click on the Get Started link in the main menu on top of the Binary.com homepage to get started.

That being said, this article will be an overview of Binar.com, which as you can gather from the name is a binary option-trading platform. We’ll cover review broker binary.com all of the important details and anything that will help you to formulate an opinion. The payout percentage changes in real time for all trade types.

Majorly, the minimum withdrawal figure begins from $5 on e-cash systems, for credit cards, its $10, and then up to $25 for different bank wires. Traders can select payouts starting from $1 to 50,000 and time durations that range from 10 seconds to 1 year. With CFDs, the trade size can increase or decrease based on variable leverage. Expiry times range from 10 seconds to 1 minute, one full day, or up to a year. We also use different external services like Google Webfonts, Google Maps, and external Video providers.

A great way to practice trading before committing to a real accounts is with a demo account. As a better investor, you might want to use multiple brokers at once. You can mix the product offering and payouts from different platforms. This way you can open trades at the broker with the best terms for that binary options contract. Binary options are financial derivatives that can be traded on any market.

There are over a hundred instruments to trade, six markets to trade in, and round-the-clock support. Binary.com is also one of the oldest companies in the industry and has built a solid reputation over the years. All in all, Binary.com is the leading broker for options trading. In addition, you can trade Forex and CFDs with the MetaTrader 5 Platform. The company offers you a huge range of investment possibilities which we recommend testing by using the demo account. We recommend doing some test trades with the demo account before trading with real money.

All quotations here are equal for different account and customers types. Here 5 option kinds are available («up»/«down», «touch»/«no touch», «inside»/«out», Asian, digital) along with the information on them. You can perform technical market analysis changing the ways of the chart display, expiration, adding indicators to it, compare several assets.