BinarySignalsTrader Review

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

New Review: Binary Signals Trader

Summary: This new signal service promises returns up to 86% on multiple expiry times. I’ll let you know if it’s ready for prime time.

Today I’m looking at a new binary options signal service brought to us by Simon Russell, Binary Signals Trader. While the service originally advertises itself as a signal provider, they do utilize a trading software to analyze “current financial market fluctuation so traders can receive signals in real time.” This means that the software is determining trade opportunities, and not Simon Russell directly.

Display multiple searches on Google, there doesn’t seem to be any record of a Simon Russell in the binary options market. In fact, the image that is used for Russell is clearly a stock image, as it’s been used many times 4 different products and websites throughout the Internet. Using a stock photo isn’t a major deterrent for me, but it does bring attention to the fact that we do not know who is behind the system, and that’s not a good sign. To contact the support team, and to potentially find out who is behind this system, you can email [email protected].

Want highly rated trading systems, see the best binary options software here.

Binary Signals Trader Review

We’ve already come to the conclusion that the Binary Signals Trader developer Simon Russell doesn’t exist. So, let’s try and compartmentalize that information and analyze some of the other information we are being provided.

With this service, the creators want the community to know that it is an easy-to-use platform, that they provide great account management, minimal risk exposure and that this is safe for investments. They also want us to know that they have a win ratio up to 86%, that they provide real-time binary alerts, and this is the best choice for beginners because of how simple the platform is to use.

The more time I spend on the website, the more I sense that this is another automated trading platform connected with binary options brokers. In my long history in this market, I’ve found that automated binary options software has been a useless endeavor. There has yet to be a fully automated software in this market that has been able to win consistently. Each automated solution can generally win for 1 to 2 weeks before totally destroying the account. Hopefully that isn’t the case this time, but I’m certainly skeptical.

Details

  • Type: Binary Options Software
  • Price: Broker Deposit
  • Strategy: Correlation and HFT
  • Expiry Times: All
  • Assets: All

In terms of strategy, the developers tell us that the Binary Signals Trader takes advantage of correlation and high-frequency trading. Sadly, this is all they tell us, which makes me wonder if they actually understand the concepts, or if they are just spouting them off to sound like they do.

Trading Results

The main issue I have with the Binary Signals Trader service is the lack of trading results. Despite multiple occasions on the sales page where they mention that they have an 86% win ratio, they don’t provide us with a single trade.

The only way a developer can come up with a number like 86%, is if they have actually done some testing. So, if this developer has done adequate testing, then they should be able to provide us with those tests, so we can see how they have come up with this number.

In this case, we are not provided with any proof which leads me to believe that the developers of this system are fabricating this number. Whenever they mention the 86%, they always preface it with up to 86%. So maybe they actually provide a 10% win ratio, with the ability of that going up to 86%. If this is the case, that would be useless.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

I really don’t see any reason that is compelling us to sign up with the binary signals Trader today. Without providing us with any proof or verified results, I don’t see why I would choose this service over another. Sure, the website looks slick and professional but Simon Russell doesn’t exist, and they don’t give us access to trading results or trading strategy. With those being the 2 most important elements, the creators of this system need to do much more before we can consider this a real opportunity.

Thank you for visiting, and please let me know what you think by leaving a comment or question below.

Binary.com Review and Tutorial 2020

Binary.com are the established pioneers of binary options. The choice of the advanced trader, Binary.com offer the greatest flexibility of any binary broker. They also offer Forex and CFD via the MT5 platform.

Traders in Russia welcome
Binary.com Facts & Figures
Awards
• Best Binary Options Broker 2020 – DayTrading.com

Binary.com deliver advanced forex trading via the MetaTrader5 platform and 3 Account Types

Cryptocurrency Trading is available via CFDs on the MT5 binary.com platform


Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain the most trusted brand in the binary sector.

Instruments CFD, Forex, Crypto, Binary Options, Stocks
Demo Account Yes
Min. Deposit $5
Min. Trade $1
Regulated By MGA
MT4 Integration Yes
Mobile Apps iOS, Android
Auto Trading Binary.com offer a self build robot feature to design, test and implement automated trading strategies
Trade Signals No
Islamic Account No
CFD
FTSE Spread 1 pt var
GBPUSD Spread 1 pip var
Oil Spread 3 pips var
Stocks Spread
Forex
GBPUSD Spread 1 pip var
EURUSD Spread 0.5 pip var
EURGBP Spread 1 pip var
Assets 45+
Cryptocurrency
Spread BTC 2%, ETH 3%
Coins BCH, BTC, ETH, LTC, XRP
Binary Options
Payout Percent 91%

Binary.com is an online binary options and CFD trading platform (MT5) that is owned and managed by the Regents Market Group. The platform allows online trading on the financial markets, including cryptocurrency and forex markets. Our review details all you need to know before you open an account and start trading.

It was only in 2020 that BetonMarkets.com was rebranded as Binary.com by the parent company, to spearhead an expansion plan to capture a bigger slice of the financial trading market.

Today with the company’s head office located on Malta, at Mompalao Building, Suite 2, Tower Road, Msida MSD1825, Binary.com has grown to service more than one million clients from all over the world.

They have since expanded to include satellite offices in Malaysia and Japan as well. The platform has also been developed to include MT4 and MT5 integration.

Regulation & Reputation

In terms of its reputation, Binary.com is an award winning platform. Over the years, the platform has won numerous awards from major reviewers in the financial industry.

These awards are all testaments to the first class service which Binary.com has provided over the years, to its clients.

In addition, it is also reassuring for traders to know that they are dealing with a legitimate and regulated broker.

In terms of regulatory oversight, Binary.com is regulated by the Malta Financial Services Authority as a Category 3 Investment Services provider under the license number IS/70156.

On the Isle of Man and the UK, Binary.com is regulated by the Gambling Supervision Commission and the UK Gambling Commission respectively.

The platform has also been issued a Remote Bookmaker’s license by the Revenue Commissioners in Ireland.

Binary.com MT5 Trading Platform

Trading Platforms

It is interesting to note that Binary.com is able to offer its traders a wide selection of trading platforms. The trading platforms are categorised into (1) basic platforms and (2) advanced platforms.

Basic Platforms

There are 2 types of basic platforms, the Binary.com platform and the Binary Tick Trade App. Both these platforms are used for trading binaries with the latter designed specifically for mobile trading.

Advanced Platforms

As for the advanced trading platforms and trading software, Binary.com has the following:

  • The MetaTrader 5 platform, for CFDs and forex trading
  • The Binary WebTrader, for advanced binary options trading
  • The Binary Next-Gen platform, for advanced trading features
  • The Binary Bot platform, for automated binary trading

Mobile Trading

As mentioned earlier, the Binary Tick Trade app is specifically designed for traders who need to be mobile and not be glued to their desktop trading terminal.

The app is available free of charge and can be downloaded from Apple App Store and Google Playstore. With the app, traders can check their trading account status as well as execute trades.

Trading Accounts Offered

With regards to the type of trading platform that are available at Binary.com, the broker only has two types of trading accounts to offer, a standard trading account and a virtual account.

Virtual Account

The virtual or demo account is basically a practice account that is preloaded with $10,000 virtual cash. It allows beginner traders to test out the trading platform and trading strategies, without having to risk any real money.

It also provides a tool fr advanced traders to back test trading strategies and theories.

Standard Account

Once you are confident enough to begin 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 trading account, Binary.com only require a minimum deposit of just $5, hence making Binary.com more accessible.

The account process is simple and hassle free. If you have already registered for a demo account, the process of converting it to a virtual account to the standard account is even easier with just a click of the mouse.

MT5 Account

The MT5 account delivers CFDs on forex, cryptocurrency and a range of other financial markets. The metatrader 5 platform is a new addition to the offering, going live in the summer of 2020.

The software is therefore cutting edge and delivers many of the features modern traders need. Stop loss, limit orders, advanced charting, trading strategy testing and one-click trading.

Binary.com Account Comparison

Bonus

At present, Binary.com are not offering any form of free trade or no deposit bonus.

Assets & Instruments

At Binary.com, traders can trade in CFDs as well as 4 types of binary options such as Up/Down, Touch/No Touch, End In/Out and Stay In/Out.

As for the list of available underlying assets, there is a choice of 114 different types of assets. They consist of 30 currency pairs, 4-currency indexes, 28 market indices, 40 types of stocks, 5 types of commodities and 7 types of market volatility indices.

The addition of the MT5 platform expands the offering further.

Advanced Charting At Binary.com

Customer Support

For the convenience of their clients, Binary.com has translated their website into a dozen different languages. As for customer support, traders can contact the support team through email or by calling them directly on the telephone.

Contact numbers vary based on trader location. The correct details can be found on the ‘Contact Us’ area of the website.

Unfortunately, we noted that live chat support is not available which puts Binary.com at a disadvantage, when we compare the broker with other brokers in the industry.

Deposit & Withdrawal

As for the payment methods that are supported by Binary.com, there are plenty of choices. You can use major credit cards such as VISA, Mastercard. Alternatively, you also fund your trading account through eWallets such as Skrill and Neteller.

You can also fund your trading account through online exchanges such as Western Union. For traders without convenient access, funds can also be transferred through wire transfer.

Cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum are also accepted in lieu of fiat currencies. As for withdrawals, the whole withdrawal process takes between 1 to 5 business days to be completed depending on the method used.

Is Binary.com Best For Day Trading?

As a platform for day trading, Binary.com is a suitable platform due to the fact that the expiry time for binary options can be as short as 2 minutes. The high returns offered also help to justify the trading risks involved in trading binaries.

Accepted Countries

Binary.com accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Binary.com from United States, Malaysia, Hong Kong, Iran.

Does Binary.com accept US Traders?

No. At present, Binary.com does not accept traders based in the US. Visit the brokers page for a list of brokers who accept traders from your region.

Does binary.com offer trading on the Nasdaq?

Yes. Nasdaq is listed as ‘US Tech 100’ under the indices list. The minimum time frame that can be traded with binary options is 15 minutes. CFD trading is also available via the MT5 platform.

Is there a mobile app?

Yes. Mobile trading is available via the ‘Tick Trade’ android app. SmartTrader is also available on Mobile.

Does Binary.com have MT4

Yes. Binary.com offer MetaTrader integration. Traders need to open a specific account to access the MT4 and MT5 platforms.

Is hedging allowed?

Yes. Binary.com offer both binary options and CFD trading depending on your region. Both can be used to hedge other trades. Payouts between the investment types vary of course, so ensure you understand the potential payouts of each trade if hedging is your aim.

Is Binary.com a trusted, regulated broker?

Yes. Binary.com have been in business since 1999. That longevity in the financial marketplace is a sign of solid customer satisfaction. They are also regulated and licensed by:

  • VFSC (Vanuatu)
  • FSC (British Virgin Islands)
  • IBFC (Malaysia)

What is the minimum deposit requirement to open an account?

The minimum deposit requirement to open a trading account at Binary.com is $5. To open advanced and MT5 accounts, you first open a standard account, and then apply for higher levels. This does not require any additional deposits.

How fast are withdrawals processed from Binary.com?

The typical processing time for a withdrawal request to be processed is one business day. However, it may take as long as 5 business days for the funds to appear in your bank account.

BinTrader – review and feedback on the trading platform of binary options

вњ… This Trading Platform is available in Russia

Overview of prospective binary option brokers: BinTrader

Among the companies engaged in online trading, despite the high level of competition in this field of activity, it is difficult to choose a broker that will fully meet the needs of both beginners and experienced traders. Russian-speaking users of the World Wide Web are more difficult in this case than residents of European countries, Japan or the United States. The lack of economic education, poor knowledge of the English language, lack of financial resources (a few residents of Ukraine or Belarus will risk putting an unknown company on a deposit of $ 250) and a high level of mistrust of the most diverse Internet resources offering to make money on the global financial market.

Many experienced traders from the former Soviet republics recommend their fellow countrymen to start making money in foreign exchange markets, binary options, etc., using the services of brokers focused on the Russian-speaking audience. In this regard, BinTrader trading platform, which has been engaged in online trading since 2020, offers good conditions, but, despite a relatively short period of activity, managed to earn a reputation as a safe and reliable broker.

The main advantages of cooperation with BinTrader

The owner of the presented trading platform is the company Trade X Ltd, and its founders started their activity in the world financial market as ordinary traders, so they are well aware of the goals, needs and opportunities of their former colleagues. Given these nuances, a platform was created (by the company’s specialists), and then an application developed for BinTrader that allows financial transactions to be performed without fear of fraud on the part of the broker.

Security

The funds of the broker’s clients are insured and stored on the accounts of reliable banks, which allows traders to withdraw their investments at any time. Technical support of the website and modern software guarantee the safety of personal information of users and prompt execution of financial transactions provided by this broker.

The minimum deposit and the size of the bet ($ 10 and $ 1, respectively) are convincing factors in order to independently check whether the given company fulfills its promises. If for many potential customers, 2-3 hundred dollars is a large enough amount that they do not trust an unfamiliar firm, then $ 10 is an acceptable option for starting work and getting closer to the broker presented.

But one of the most important indicators of the reliability of this company is the availability of a certificate issued by an organization that controls the activities of the trading platform – the Center for Regulation of Relations in Financial Markets. In case of any problems, the trader can apply to the regulator, who will necessarily check how the broker fulfills its obligations.

Learning newbies

One of the main creators of the trading platform in question (I. Orlov) made a lot of efforts to organize the work of a full-fledged training center on the basis of this web resource. Depending on the amount of the first deposit (based on this indicator the level of training is chosen), the client of the broker gets the opportunity to become a participant in the personal training program under the guidance of a professional analyst.

The user of the trading platform gets acquainted with effective trading strategies and, together with the mentor, analyzes their “pros” and “minuses”. A qualified specialist helps a trader deal with his own operations, revealing their strengths / weaknesses. The broker’s client also has the opportunity to contact his analyst at any time to ask him questions of interest.

The opportunity to undergo training and learn to work in the global financial market is another important indicator in favor of creating a login on BinTrader and using the services of professional teachers.

Important financial characteristics of BinTrader

Regardless of which trading platform the trader chooses, before registering on it, he must thoroughly study the basic requirements of the administration that has interested his website.

Trading conditions

Despite the fact that some of the indicators have already been mentioned above, for the convenience of readers, we will outline the main conditions of work on this trading platform in a separate unit:

в—Џ The minimum deposit is $ 10.

в—Џ The minimum transaction amount is $ 1.

в—Џ Account currency: American dollar.

в—Џ Estimated yield: up to 85%.

в—Џ Deposits of the broker’s clients are insured.

в—Џ There is an affiliate program.

в—Џ Bonus is provided when replenishing the trading account: up to 150%.

How to replenish the deposit or withdraw funds

Prepared by BinTrader user reviews, indicate that the broker’s web-resource is quite enough ways to solve the issue with the input / output of money. Traders can perform this procedure using:

в—Џ Debit / credit cards (Visa and Mastercard).

в—Џ Yandex money.

Available assets

Some of the reviews of its clients about the broker BinTrader report a small number of available financial transactions and instruments, which limits the opportunities for users of this trading platform. But on the other hand, every trader always has a choice, where to work for him and what deals to conclude.

Clients of the broker in question can use strategies posted on his site to earn binary options, as well as conclude deals on: currency pairs, commodities and shares of large enterprises.

Based on the above information, we can conclude that this broker is not some serious fraudulent scheme, but if potential users have doubts about this, they can invest $ 10 and independently check how this trading platform works.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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How To Choose Binary Options Broker 2020
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