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Binary.com Review 2020

FairBinaryOptions Broker Certificate
  • Min. Deposit $5
  • Max. Payout 100%
  • Min. Investment $5
  • Mobile Yes
  • Software Proprietary
  • LiveChat Yes

Binary.com, present on financial markets since 1999, is MGA regulated broker.  They have Malta Gaming Authority license number MGA/CL2/118/2000.

In our Binary.com broker review, we will point out and briefly describe the most important facts concerning this broker. In doing so, we hope traders will find all the important information in one place which shall make it easier to get a better overview of this binary options broker.

One of the aspects which is so appealing about Binary.com is their low minimum deposit which is set at only $5 and the same amount is necessary for a minimum trade amount. Maximum amount traders can invest with Binary.com is $100.000 while the highest possible bonus is $150.

The highest return possible with this broker can be the amazing 100%, as promised on their website.

USD, AUD, GBP and EUR are all currencies available to Binary.com traders.

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  1. Binary.com Account Features

    An extensive list of assets are available to binary options traders and those include OTC Stocks, Commodities, Volatile Indices and Indices as well as Forex.

    Further research for our Binary.com broker review showed that traders also have the opportunity to use the virtual account or, as it is better known in binary options trading – demo account. Utilizing demo account can be the perfect initiation into the binary options trading process.

    Binary.com provides its registered traders a demo account funded with $10,000 of virtual funds so traders can place trades and gain valuable experience and knowledge which will later come in handy.

    By using the demo account traders remove the fear of losing funds (since the ones they are using are virtual) which is present in real binary options trading, but they experience everything else involved in the process of trading.

  2. Binary.com Trading Software

    One of the first things we were able to find out for our Binary.com broker review is the fact that this broker uses proprietary platform so their registered South African traders have the opportunity to trade binary options on a specially designed software.

    Binary.com trading platform is well-organized on the whole and traders ought to find its navigation a simple matter. What makes Binary.com an even more compelling choice for binary options traders is the fact that they offer few different platforms with each being equipped with specific trading features.

    Traders are free to opt for basic or advanced trading platforms and details on each platform are listed under Platforms Tab.

    In our Binary.com broker review we also determined they have several trading options such as:

    • Touch/No Touch
    • Up/Down
    • In/Out
    • Asians
    • Digits

    Expiry times are: 10sec, 15sec, 30sec and 60sec as well as 1h, 24h, End of Day, End of Week, 30 Days and even up to 365 Days.

    Binary.com also offer their traders the mobile app – Binary Tick Trade App which provides an elegant and handy solution for busy traders who wish to trade on the go. The mobile app can be used on modern mobile devices, it is free and can be downloaded from Google Play respectively.

    TradingView, which is another great tool we spotted during our Binary.com broker review, offers traders technical analysis, overlays, price bands, a range of indicators and powerful charting.    An extensive amount of educational materials are also available to traders and they can be found in “Get Started” tab which is filled with useful info about aspects of binary options trading. By investing a bit of time to browse and study the materials available, binary options traders can secure themselves a better start in binary trading.

    Your capital might be at risk
  3. Binary.com Support Information

    Reliable and professional customer support service somehow goes hand in hand with a trustworthy broker. That is the reason why we took a closer look at the quality of their customer support in our Binary.com broker review.

    South African traders who decide to trade with Binary.com will have several channels open for communication.

    Naturally, the quickest option is Live Chat and all traders need to do is to select the orange icon for Live Chat after which a form will be shown on the screen where binary traders have to write their question and also supply their email address and name.

    Traders can also use [email protected] email but they can select to use phone communication as well.

    Traders can find several phone numbers which they can use in the Contact Us section. Legal tab provides information on terms and conditions set up by Binary.com and we advise South African traders to read this section carefully.

    Lastly, Binary.com also provides its traders with a multi-lingual platform and the languages supported include Russian, French, English, Polish, Chinese, Portuguese, Italian, German, Spanish, Vietnamese and Indonesian.

    Support Information
  4. Binary.com Company Information

    One of the more important segments which is of interest to all traders when it comes to this broker and our Binary.com broker review is their banking information.

    Binary.com has this information logically and transparently displayed in their Banking section.

    Traders have a choice have the choice that includes:

    • Bank wire: Internet Bank Transfer, Bank Transfer, Western Union, Internet Banking
    • E-wallets: Neteller, WebMoney, Qiwi, MonetaRU, Skrill, Yandex Money, PaySafe Card, FastPay, OK Pay, Perfect Money
    • Credit/debit cards: UnionPay, Visa, MasterCard

    Prior to selecting one of the proffered payment methods, traders need to select a currency they wish to use. Once the currency is selected and deposit made, the same currency is to be used for withdrawals without the possibility to make a change.

    Traders should also note that all their funds are kept in a segregated account which prevents broker to use the funds on behalf of the client.

    The waiting period for funds to appear on the traders account after withdrawal process is very much dependent on the preferred method, but it can take anything from 1 to 5 business days.

    Binary options traders can find all the relevant details in Cashier, in Banking section.

  5. Your capital might be at risk
Binary (IOM) Ltd.
Binary.com is licensed by MGABinary.com
is licensed by
Reg. No.: CL2/118/2000

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