Binary

Binary is an award-winning fixed-rate financial betting broker based in the Isle of Man and Malta. The platform is owned and operated by Regent Markets Group with extensive business interests in Asia. Pacific Operating as an online gambling platform, binary.com is licensed and regulated by the Isle of Man Gambling Supervisory BoardLike lotteries and games in Malta, the reason they have their base of operations. two because brokers use corporate vehicles to serve clients.

This global approach, reflected in their new Bitcoin account, will allow traders to fund (and trade) accounts using the Bitcoin cryptocurrency, however currently the account is only open to non-EU account holders. Payment methods to include Ethereum and Litecoin as the company accepts blockchain technology and established cryptos.

Trading Platform

At first glance, we can see that the trading platform offered by Binary. It is quite different from other platforms I have seen with other binary brokers.

For one thing, the interface is deceptively simple, all the basic functions are there, there really is nothing special with Binary.com’s platform until you scroll further down… it’s a completely different picture.

We were pleasantly surprised to find that this platform offers a comprehensive charting feature for their platform.

Additionally, traders have the option to get daily price lists and intraday prices from the tab located below the main trading platform.

The prices shown are very detailed, showing even the percentage change on the right side of the quote.

Charts

As mentioned earlier, one of the unique features about the Binary.com trading platform is the charts they provide, traders can choose to display the different types available:

• Line chart
• Interactive chart
• Pop-up chart
• Original chart.

Trade type

Since Binary is not a typical binary options broker, the types of contracts offered are slightly different from those of conventional binary contracts. For example, traders can choose from:

• Option contract increase/decrease

Traders will decide whether the expiry price will increase or decrease from the current price.

• High/Low option contract

The trader then decides whether the price will go above or below the predetermined price target.

• Tap/Don’t Touch Option Contract

The payout occurs when the price is exchanged or does not touch the predetermined price target during the contract period.

• In / Out Option Contract

The aim is to see if the price will stay between or out of the two price targets.

• Tick Trade

Similar to the 60 second option, traders here decide how the market will move in these 5 price moves.

• Trade Up/Down
• Lucky 10 digits
• Quick 10%

Binary.com now offers CFD trading through their Metatrader (MT5) platform. This will expand the binary offering to include more leveraged investment styles.

Demo Account and Trading

One great thing about Binary.com is the fact that they let customers try out their platform with a demo account with $10,000 virtual money. This is not something you often find with other binary brokers. Most other brokers will require you to login and place a deposit before they will grant you access to their trading platform.

Once a trader decides that he wants to open a live trading account with binary.com, all he has to do is fill out the login registration form and place a small minimum deposit of $/£/€5.

Features of trading software

payout ratio

The payout ratio at binary.com varies from around 60% to 110% depending on the type of contract, the exact payout can be seen on the right side of the trading platform. due to market volatility

asset index

The list of available assets is truly diverse. Traders can choose from Forex, Commodities, Indices and Stochastic Indices and Quodidian Markets. To find out what is on offer; readers can visit their website. to view the full list.

customer support

Customer support is available 24 hours a day from Monday to Friday, with merchants typically able to choose from sending them an email or requesting a call back.

Contact phone numbers are region specific, if you check the ‘Contact Us’ page, the number for your region will be displayed.

reliability

As Binary.com operates as an online gaming platform, they are currently regulated by the gaming regulators in Malta and the Isle of Man, however this is likely to change in the near future as Malta is seeking to regulate binary trading. option on the island

So before that happens, traders must rely on gaming authorities to protect their legal rights.

However, we must bear in mind that Binary.com is part of a multinational conglomerate, so it is unlikely that they will do anything illegal to damage the corporate image.

Mobile Apps

The mobile app is another very solid offering and, like the rest of the trading experience, the app retains the look and feel of binary.com.

The unique trading platform remains the same as in the mobile version and the company ensures that the app is optimized for each specific device and operating system.

The android app previews are designed to enhance the capabilities of the device. android as well as Apple products such as iPad and iPhone will see specific features of that operating system.

This attention to detail is a big part of what has kept this brand at the very end of the binary options industry from the start.

The mobile app provides a seamless trading platform. But it is easy to use, ensuring that traders can make and supervise their trades at all times, it is another plus for the company.

MetaTrader

The metatrader options at Binary offer three account types, previously standard, advanced and synthetic indices, the account options are now:

• MT5 Finance
• MT5 Financial STP
• Synthetic MT5

These accounts offer CFD trading on a cutting-edge platform to more traditional online cfd brokers.

Robot

Binary offers another new feature, the ‘Binary Bot’ service. Leading brokers are rushing to create similar features. It allows traders to configure and create their own Auto Trader.

Thus, traders can create automated trading robots based on their own systems or winning strategies, they can then set up a ‘live’ robot to trade whenever market conditions trigger a threshold set by the trader. The generator has a great demo before the traders release it and most importantly it can be tested before you register or log in with a real account, so it can be tried risk-free. Robot Builder:

Is Binary a scam?

Binary.com is one of the most respected brands in Binary Options, they were started and grown by reputable traders and are now a multinational company that does not need to indulge in any ‘scam’ behavior that As seen elsewhere in the industry, this brand can be used with confidence.

Bonus

Binary.com has withdrawn their deposit bonus offer, there are currently no free trades or promotions available. ‘No deposit bonus’ in operation

Strategy

Strategies must be taken into account in a different way for Binary. The method of choosing the expiry time is unique so any winning strategy needs to be taken into consideration.

The flexibility offered by both the trading platform and the software itself. (in terms of expiries and contracts) means that winning trades are within the grasp of any trader willing to put the time and effort into practicing their strategy.

This is one of the main reasons why this broker remains a good choice for advanced traders. It offers a wide range of advanced platforms as well, offering a combination of MT4 and MT5 (MetaTrader) and a Binary Bot trading tool.

Binary bots allow traders to create their own bots or set up automated trading companies. also offers a superior integration method that other companies may offer.

The bot allows retail investors access to some limited features, more established signal services, or automated trading advisory services.

The tick trade strategy is only possible with Binary.com and the tick trading platform is not something that is replicated anywhere else. However, specific strategies require their own section, so for those who wish to peruse existing systems, check out our strategies page.