Binary.com is an online binary option and CFD trading platform (MT5) that is owned and managed by Regents Market Group. Such platforms allow online trading in the financial markets, including digital currency markets and exchange rates. All our app details you need to know before opening an account and start trading.
It was only in 2013 at BetOnMarkets.com Branded as a binary.com by the parent company to spear in the business expansion plan to capture a bigger financial trading market.
Today, the company’s headquarters is located in Malta at Mompalao Building, Suite 2, Tower Road, MSIDA MSD1825, Binary.com has grown to serve more than one million customers from all over the world.
They have expanded to include satellite offices in Malaysia and Japan as well. Such a platform has also been developed to combine the combination of MT4 and MT5.
Regulations and reputation
In terms of reputation Binary.com is an award-winning platform. Over the years, the platform received many awards from important inspectors in the financial industry.
These awards are a proof of the first class service that Binary.com has given to customers over the years.
It is also confident for traders to know that they are dealing with legal brokers and have control.
In terms of regulatory regulations, Binary.com regulations are controlled by Malta Financial Services Authority as a type of investment provider 3 under the license number IS / 70156.
On Man Man and the United Kingdom Binary.com is controlled by the Gambling Commission. And the Gambling Committee of the United Kingdom, respectively.
The platform has also been licensed by the dealer from the Revenue Office in Ireland.
Trading platform
It is interesting to know that Binary.com can offer a variety of trading platforms to traders. Trading platform is divided into:
- basic platform
- advanced platform
Basic platform
There are 2 basic platforms, Binary.com platforms and Binary Tick Trade. Both apps. These platforms are used for binary trading specially designed for mobile trading.
Advanced platform
For advanced trading platforms and binary.com trading software are as follows:
- MetaTrader 5 platform for CFD and exchange trading
- Binary WebTrader for advanced binary options trading
- Binary Next-Gen platform for advanced trading features
- Binary Bot platform for automatic binary trading
Mobile trading
As mentioned earlier, the Binary Tick Trade app is specifically designed for traders who must be mobile and do not have to glue at the desktop trading station.
This app is free of charge and can be downloaded from the Apple App Store and Google PlayStore. With this app, traders can check the trading account status. Including trading operations.
Offered trading account
About the type of trading platform available in Binary.com. The broker has only two types of trading accounts to offer standards and virtual accounting accounts.
Virtual account
The virtual account or an example account is a pre-loaded trainer with a $ 10,000 virtual cash, allowing new traders to test trading platforms and trading strategies without risking real money.
In addition, there are advanced tools for retail traders to test strategies and trading theories.
Standard account
When you are confident enough to start live trading You can open a standard trading account. Unlike most binary options brokers, which require a minimum deposit of $ 250 to open a live binary.com trading account, just need a minimum deposit, only $ 5. makes Binary.com more accessible.
The accounting process is simple and hassle-free. If you have registered for a trial account, the conversion process is a virtual account as a standard account that is even easier.
MT5 account
MT5 accounts offer CFD in digital currency exchange rates and other financial markets. The MetaTrader platform 5 is a new extension of the proposal to launch in the summer of 2019.
The software is therefore modern and gives many features that new traders want. Stop losses, limit commands, advanced charts, testing, trading strategies and one-click trading.
Bonus
At present, Binary.com does not offer free trade in any form or no deposit bonus.
Assets and tools
At Binary.com, traders can trade CFD as well as 4 types of binary options, such as up/down, touch/no touch, end in/out and stay in/out.
For a list of existing reference assets, there are 114 different types of asset types. Consists of 30 pairs of currency pairs, 4 currencies, market indexes, 28 types of stocks, 40 types of commodities, 5 types and 7 types of market volatility index.
Customer support
For the convenience of customers binary.com has translated their website into various languages, dozens of languages for customer support, traders can contact the email support team or call them directly by phone.
The contact number varies according to the vendor location. The correct details can be found in the ‘Contact us’ area of the website.
Unfortunately, we observe that fresh chat support cannot be done, which makes Binary.com a disadvantage when we compare brokers with other brokers in the industry.
Deposit and withdraw
For payment methods supported by binary.com There are many options. You can use major credit cards such as Visa, MasterCard. You also transfer money into your trading account through eWallets such as Skrill and Neteller.
You can top-up in your trading account through online exchanges like Western Union for traders who do not have convenient access to transfer money through money transfers.
Currency Cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum are accepted instead of the FIAT currency for withdrawal. All withdrawal processes will take about 1 to 5 business days to complete depending on the method used.
Binary.com Best for a day trading?
As a platform for daily binary.com trading is the right platform due to the fact that the expiration time for binary options may be short, just 2 minutes. High returns offered also help to adjust the risk of trading related to binary.
Accepted countries
Binary.com Get traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, India, France, Germany, Norway, Sweden, Italy, Italy, Denmark, USA, Emirates, Saudi Arabia, Kuwait, Semburgh, Gatatar and other countries.
Traders cannot use Binary.com from the United States, Malaysia, Hong Kong, Iran.
Frequently asked Questions
Binary.com accepts traders in the United States?
Not present. Binary.com does not accept traders in the United States. Go to the broker page to see the list of brokers that accept traders from your region.
Binary.com offers trading in the NASDAQ market?
Yes. NASDAQ has a ‘US TECH’ status under the index list. The minimum time frame that can be exchanged with binary options is 15 minutes. CFD trading is available through the MT5 platform.
Is there a mobile app?
Yes. Mobile trading can be achieved through the Android ‘Tick Trade’ app. SmartTrader is also provided in the mobile.
Binary.com has MT4?
Yes. Binary.com offers the integration of MetaTrader. The trader must open a specific account to access the MT4 and MT5 platform.
Allowing risk protection?
Yes. Binary.com offers both binary options and CFD trading depends on your region. Both can be used to prevent other trade. Of course, paying between the investment types varies. Therefore, make sure you understand the possible payment of each trading if the risk prevention is the goal of you
Binary.com Is a reliable and controlled broker?
Yes. Binary.com conducted business since 1999, stability in the finance market, longevity is a sign of customer satisfaction. They also receive control and license by:
- VFSC (Vanuatu)
- FSC (British Virgin Islands)
- IBFC (Malaysia)
What are the minimum deposit terms for opening an account?
The minimum deposit requirements for opening a trading account at Binary.com is $ 5 to open an advanced account and MT5. You must open the standard account first. Then apply for a higher level. This does not require any additional deposits.
Withdrawal of money from Binary.com
General processing time for the withdrawal request to be implemented is one business day. However, it may take 5 working days before the money will appear in your bank account.
Binary.com offers any type of platform.
Binary.com uses MetaTrader 5, including many proprietary platforms, including mobile apps.
Can I use any tool in Binary.com?
You can exchange the market with CFD or binary options at Binary.com.
Leave A Comment