Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!
Trusted Binary.com Review 2020
Table of Contents
Is Binary.com a trusted online broker or a scam? – We will find out in this review and give you a professional overview of the company. Binay.com is a well-known Forex Broker for international investments. Since 2000 the company got a track record in online trading. In the next sections, we will show you how the platform works and find out if you should invest your money or not.
Official Binary.com website
Platform available for any device
Professional trading interface
Huge range of payment methods
|Review:||(5 / 5)|
|Regulation:||VFSC, FSC, FSA|
|Demo account:||✔ Free|
|Markets:||Forex, Cryptocurrencies, Metals, Commodities, Indices, Volatility Indices|
|Products:||Binary Options, Forex, Crypto, CFDs,|
|Yield:||up to 100%+, 1000% on higher/lower and touch/no-touch trades|
|Support:||24/5 phone, chat, email in different languages|
(Risk warning: Your capital is at risk)
Is Binary.com regulated?
Before you sign up with any online broker you should check if the company is official regulated. This is the most important point to check and we will discuss it in the first section. Regulation means safety for the trader. On the internet, there are brokers which operate illegally and try to scam their customers. In order to invest in a serious company, there should be regulation.
A regulation shows trust and safety because the company has to be legal and act under certain laws of the regulatory authority. Binary.com is a licensed and regulated trading platform which is active since 1999. Different subsidiaries belong to the holding Binary Limited. This company is multi regulated and got different licenses.
Binary Investments (Europe) Ltd
Binary Investments Ltd is regulated by the Malta Financial Service Authority (MFSA) with the license number IS/70156. The company is allowed to provide its service in every European country. The company address is W Business Centre, Level 3, Triq Dun Karm, Birkirkara, BKR 9033, Malta.
Binary (SVG) Ltd
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!
Binary (SVG) Ltd is registered with the company number 25299 BC 2020. International clients who want to trade Binary Options trade under this license. The address is Hinds Buildings, Kingstown, St. Vincent and the Grenadines.
Binary (V) Ltd
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.
Binary (BVI) Ltd
Binary (BVI) Ltd is regulated by the British Virgin Islands Financial Service Commission and customers for the forex and CFD MetaTrader 5 are under this license. The address is Kingston Chambers, P.O. Box 173, Road Town, Tortola, British Virgin Islands.
Binary (FX) Ltd
Binary (FX) Ltd is regulated by the Labuan Financial Service Authority in Malaysia. MetaTrader 5 clients are served by this license, too. The address is Lot No. F16, First Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Federal Territory of Labuan.
In conclusion, Binary.com is a multi-regulated company and broker which accepts international clients. Fraud can be excluded by a view on these licenses. From our experience, Binary.com shows that more than 1 regulation is not enough and now they are a highly trusted online broker.
Financial security: Is Binary.com safe for traders?
How safe is the trading platform? – We checked the financial security for traders and got very good results. Binary.com only uses regulated payment methods for deposits and withdrawals. You can be sure that the money will be credited to your trading account and the withdrawals are working correctly.
Furthermore, the funds of the clients are managed in secure and licensed financial institutions. The broker does not use your money to do investments or hedge positions. Any time you got the full access to your account balance.
Security of the platform and account:
With Binary.com you can get very high account security. There are different options available which we want to present to you in this section. First of all, traders can enable two-factor authentication for the account. This is additional security because it is nearly impossible to hack your account. Before you login, you have to confirm the login with another device.
Also, Binary. com provides a clear login history of your account. You can set up a cashier lock password to secure your deposits and withdrawals. All in all, Binary.com provides very good safety features for traders. From our experience, it is a very safe platform. (See the picture below for all features)
What is behind Binary.com – History of the company
Binary.com was founded in 1999 by collecting investor’s money from a HongKong based fund management company. In 2000 the company goes live with the old name “Betonmarkets.com” and “Xodds.com”. Since this time the company achieved different milestones and attract a rising customer base.
On the Binary.com website, you can clearly see the group history which is very amazing. The company expanded internationally and collected different licenses for financial trading to serve clients from over the world. In addition, their platform is patented in the USA for the pioneer of Binary Options trading (Wikipedia).
2020 the company changed the name into “Binary.com” and reached a turnover in 2020 of 2 billion USD since 1999. More and more customers want to trade with Binary.com because the platform is unique and offers very good conditions. Nowadays, Binay.com manages offices in Japan, Kuala Lumpur, Dubai, Paraguay, and more countries.
In 2020 there are more than 100,000 active clients on the platform and the numbers are still growing. In conclusion, Binary.com is a very trusted broker in the trading industry which is leading the binary trading section. The broker is growing continuously because of the good conditions and unique trading platform. The company always adds new features and opportunities to invest in the financial markets.
Facts about the company:
- Founded in 1999
- International offices and licenses
- Rising customer base
- Unique and patented trading platform
- Global awards
How to open an account with Binary.com:
It is quite simple to open a trading account with Binary.com. You can sign up with your email address or social profile (Google and Facebook). The process is done in a few seconds and you get direct access to the trading platform. Now you can use the demo account with virtual money or continue the registration process.
Open your free account
The account opening is free for any trader. There are no hidden fees or commissions for you:
(Risk warning: Your capital is at risk)
Important verification process
For trading with real money and full access to all functions of the trading platform, verification is needed. You have to fulfill your account profile and upload personal documents that are checked by Binary.com. It depends on your country of residence which documents the broker needs to check your identity. Binary.com can request a copy of your passport and utility bill.
The account setup is done in a few minutes. Just insert your personal data and upload the requested documents. Binary.com will confirm the profile within 24 hours. We recommend doing a full account setup before you start trading with real money.
Verification of your identity:
- As regulated Forex Broker, the company have to check your identity
- Documents can be requested by Binary.com
- The account setup depends on you country of residence
- Upload the requested documents
- The full account setup take few minutes time
- We recommend doing the verification before trading with real money
Use the free Binary.com demo account
One of the most important tools on the Binary.com trading platform is the demo account (virtual account). It is an account with virtual money (10,000$). This account allows you to test the platform without risk. Binary.com provides this account for free and you can switch between the real money and virtual money with only one click.
We recommend to any new user who wants to trade with Binary.com to use the demo account first. Check out the platform and open your first traders. Before you invest real money you should know how it works to trade and how to manage the trading platform. In addition, the demo account can be used to develop trading strategies and test new markets.
In conclusion, Binary.com offers a free demo account like any other broker. You can start trading without risk and test the platform by yourself. If you make a loss it is possible to deposit (recharge) the account.
Advantages of the demo account:
- Use it for free
- Test the platform without risk
- Develope trading strategies
- Try out new markets
- Recharge the demo account with one click
Demo account vs. real account trading
Are the differences between the demo account and the real account? – From our experience, the execution of trades is very fast in the demo account like in the real money account. There are no differences between these two account types. You will get the same conditions.
In fact, real money trading can be more difficult because you will act differently like it is virtual money. The key to success is to learn to trade without emotions like in the demo account. As professional traders we recommend it to use the demo account like the real money account to gain the best experience in trading.
Payment methods for the account funding:
As you see on the official homepage of Binary.com there are more than 15 payment methods available for deposit and withdrawals. It is easy to fund your account. You can use different electronic methods or classic bank transfer.
Sometimes the payment method can depend on your country of residence. So do not be surprised if there are more or fewer payment methods available than in the list below or picture above. Note that the minimum deposit is 5$ with e-wallets but with other payment methods it can be higher.
Facts about the payment methods:
- Minimum deposit 5$
- No fees
- Credit Cards
- Electronic wallets (Neteller, Skrill, Qiwi, WebMoney, and more)
- Bank Transfer
- Instant deposits
- Withdrawals in 1 working day
How to deposit on Binary.com:
To do a deposit on Binay.com go to the cashier menu and click on deposit. You only can deposit if your personal detail is approved by the broker.
You can deposit in different currencies. Also, cryptocurrency accounts are available with Binary.com. If you make a mistake by setting the currency it is possible to change it afterward.
- Make sure your personal details are confirmed by the broker
- Go to the cashier menu
- Click on deposit
- Choose the payment method for the deposit
How to do the withdrawal:
The withdrawals are easy as the deposits with the broker 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.
From our experience, the withdrawals are very fast. Within one day the withdrawal is processed. You will get an email if it is processed. Sometimes it can happen in a few hours. On the other side, the process can be longer if the broker requests additional documents from you. All in all, the deposits and withdrawals are working correctly and free from interference.
Offers for traders: Review of the trading conditions
Before we show you the full information about the trading platforms of Binary.com we have to talk about the offers and conditions for traders. As you know Binary.com is a Binary Options, Forex, and CFD Broker. In this section, we will give you a detailed overview of “what you can trade on the platforms”.
The minimum deposit is only 5$ and you can try out the free virtual account. The virtual account is the best way to test the trading platform. There are more than 100 different assets available by Binary.com. Cryptocurrencies, indices, commodities, currencies, or volatility indexes are tradeable. In addition, you can choose between different currencies for your real account balance or using cryptocurrencies.
The maximum return of investment for Binary Options is 100%+ and the maximum leverage for Forex and CFDs is up to 1:500. From our experience, there are no direct fees on the platform. Sometimes it can happen that your payment provider charges fees for deposit or withdrawal.
- Return of investments up to 100%+ (Binary Options)
- Leverage up to 1:500 (Forex and CFD)
- More than 100 different markets
- Minimum deposit 5$
- Free demo account
- Low fees compared to other brokers
- High liquidity
(Risk warning: Your capital is at risk)
Test of the Binary.com trading platforms
For professional online trading, Binary.com offers 6 different trading platforms. This software is even available as an app (mobile trading). The platforms are designed for a variety of purposes and the trader can choose from. As mentioned before it is possible to trade different financial products with Binary.com. You can not trade all financial products on one platform.
From our experience, the platforms are very clearly designed and easy to use. They are for beginners and advanced traders. Besides, the well-known MetaTrader 5 is available for Forex and CFD trading. Automated trading can be processed by the Binary Bot which is a very unique platform. We will discuss the trading platforms in detail.
- SmartTrader for Binary Options and Touch Options
- WebTrader for Binary Options and Touch Options
- Binary Bot for automated Binary Options
- MetaTrader 5 for Forex and CFD trading
- Deriv for Binary Options (beta version)
- Binary Grid for the best mobile trading with Binary Options
The SmartTrader is a reliable trading platform for Binary Options. You can trade options with different expiry times, investments, and on rising or falling prices. In the picture above you see a screenshot of the order mask. For chart analysis, you have to look below. The design is very clear and the beginner should feel comfortable. In the following section, we will explain how to trade too.
For charting, you can use the chart below the order mask. Binary.com offers the tools which a trader needs for his success. You can change the timeframes and chart types.
For the chart analysis you can use indicators, drawing tools, comparisons between assets, or fundamental data. By a few clicks you can insert the indicator you want and customize it. In conclusion, the SmartTrader which is recommended for beginners offers all tools for professional and sucessfull trading.
How to trade Binary Options?
Binary Options is not a complex financial product. Compared to other financial product traders understand it very fast how it works. The features of Binary Options are clear and limited. Before you open a position you know the possible return of investment, your possible loss, the time duration and the direction of the trade.
- Rise/Fall (classic and most popular)
- Touch/No Touch
- Ends Between/Ends Outside
- Stays Between/Goes Outside
Binary Options can be traded on currencies (Forex), indices, commodities, and volatility indices. Before you start trading you can customize your trading contract. The Binary Options is a contract between the trader and the broker.
Features of Binary Options:
- Start Time
- Duration (ticks, minutes, hours, days)
- Investment (starting 1$)
- Allow equals or not
- Trade higher or lower
We recommend to do some test trades with the demo account before trading with real money. You should understand the financial product completly before real investments. The next picture will give you a deeper look in it.
In the picture above you see that you can invest in rising or falling markets. For “Higher” trades the exit spot has to be above your entry point and for “Lower” trades the exit spot has to be below your entry point. Just make a forecast of the market and start the trade.
For Binary Options only the exit spot is important. When the expiry time is over the price will be checked and you will get the payout or not. The yield can be up to 100%+. It does not matter if the price goes above or below within the contract duration.
All in all, Binary Options are very simple to trade. It is a popular financial product because you can earn a very high payout within a short period.
(Risk warning: Your capital is at risk)
If you want to do more advanced trading you have to choose the WebTrader. This software allows you multi-charting and a full-screen mode. More features are available on the platform. You can customize your trading window as you want.
Traders can choose in the upper menu between trade, chart, resources, and workspace to customize the platform. As you see in the picture above you can open different windows at the same time. This is a multifunctional feature and allows you to make a deeper market analysis. In the next point, we will give you a quick overview of the functions.
- Open the order mask for your markets
- Volatility Indices
- Open the chart for your markets
- Volatility Indices
- Make a deeper analysis
- Asset Index
- Trading Times
- Historical Data
- Chart Themes
- Manage the charts
- Arrange the windows
- Close All
As you see in the points above you got a whole bunch of options for your trading style to customize. From our experience, the WebTrader is the best platform for Binary Options trading and better than the SmartTrader.
The Binary Bot is a unique feature of Binary.com. Most brokers do not allow automated trading on their platforms or it is not possible because the features are missing. Binary.com provides software where you can program your own automated system for trading Binary Options.
For the first impression, the Binary Bot is not a trading platform for beginners. You need knowledge, math, and programming skills. In addition, your strategy should work successfully. It is possible to create an automated system with any trading strategy by the Binary Bot. You can use math and logic commands on the software.
Binary.com will help you to program a system. There are some tutorials and knowledge about it. For further knowledge, you can read on the internet about automated trading or buy some programming books. The language of the Binary Bot is very easy but very hard to understand for beginners.
Create your Binary Bot
How does the Binary Bot work?
To create you automated trading system you have to open the right menu (red marked). There are different building blocks which you can insert in your system. There are mathematic and logic building blocks. Also, text programming can be used to create functions. If you inserted the block you can customize it like you want.
If you created the Binary Bot you can start to backtest it and improve the results by changing the system with a few clicks. The Binary Bot is clearly a huge advantage against other Forex Brokers because it is very easy to create an automated system. Binary.com provides you all the functions you need to create your system.
MetaTrader 5 is the most popular software worldwide for online trading. A lot of brokers offer this software because it is developed independently by programmers. Brokers are paying licenses for this software. The MetaTrader is available for your computer and mobile phone. You can create the account with Binary.com and download the program.
Moreover, MetaTrader 5 is a highly customizable software too. You can customize the chart as you want and using different tools. The software is supporting Forex and CFD Trading. 1-click trading even as automated trading is possible. There are a lot of different tools that you can individualize.
For traders who want to program their own indicators or automated systems, you can insert them easily in the software. The MetaTrader is enjoyed by millions of traders and it is from our experience the best software for forex and CFD trading.
Advantages of the MetaTrader 5:
- Available for any device
- Automated trading supported
- Indicators and drawing tools
- Chart types
- Insert extern programs and indicators
- Professional portfolio management
Deriv is a web-based online trading platform where you can trade Binary Options. Compared to the SmartTrader and WebTrader the design is a little bit different and known from other Binary Options Brokers. You see the chart which is customizable and next to it you see the orde mask.
Like the other platforms, you can customize the chart as you want. There are not so many differences between the platforms. We recommend to try out each platform by using the virtual account. The Deriv app is still in the development process. So it can be that Binary.com will add new features soon.
Mobile Trading with the Binary.com App
Mobile Trading is very important today. The customer base who trades with mobile devices is rising continuously. Binary.com offers different apps for Android and Apple (iOS) devices. You can download the on their platform.
- Binary.com Tick Trade App
- MetaTrader 5 for mobile devices
- Binary Grid App
Binary.com MetaTrader 5 App
The mobile apps are professionally designed and allow you to trade the financial markets with your mobile phone or tablet. Similar to the web-based platforms you can use indicators and analysis tools. With the mobile app, you always can check your portfolio. Another advantage of mobile trading is that you can react immediately to political decisions or news. In conclusion, Binary.com offers professional and reliable trading platforms for trading Binary Options, Forex, CFDs, indices, and cryptocurrencies.
(Risk warning: Your capital is at risk)
Support for traders
Which type of support can you expect from Binary.com? – There is a phone, email, and chat support for traders. Also, you can get in touch with the broker via Youtube, Facebook, Twitter, or Telegram. More than 10 different languages are available because the company manages international employes and offices. The website is translated into 11 different languages
The support works 24 hours on regular working days and responds very professional to my questions. If you got questions you can contact them or read through the help articles. Moreover, there is an intelligent support system where you can insert your questions and get the right answers very quickly.
|Phone, Chat, Email||24/5 on working days||More than 10||+44 800 011 9847 (Toll-Free) (UK)|
Service for traders: Education and learning material
Furthermore there is a diverse learning center for every customer of Binary.com. It is suitable for beginners and advanced traders. The variety of free offers is huge and we will show you what you can learn in this section.
To get access to the academy you have to open your free account with Binary.com. Deposits are not necessary for access to the academy. There are different offers like webinars, trading signals, beginner tutorials, e-books, and market updates. You can learn how to trade with educational videos. Also, next on the platform, you will find direct explanations of the financial products which will help you to understand it.
From our experience, Binary.com wants the success of its traders. If the trader is successful the broker can earn more revenue because the trader will continue to trade forever. There is a very good educational material to improve your trading skills. You should no miss the education center.
Learning material of Binary.com:
- Live Webinars
- Weekly Trading Signals
- Beginner tutorials
- Security Tips
- Educational Videos
Conclusion of the Binary.com review: Legit company and online broker?
All in all, Binary.com is the leading broker for option 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 to test by using the demo account.
The minimum deposit is very low by 5$ and you can start investing with only 1$ per trade. There are no limits for bigger trades. Binary.com attracts any type of trader because of its good offers. Next to the professional trading platforms, you can use legal automated trading which is compared to other Forex Brokers a big advantage.
Furthermore, company history shows us that Binary.com is a trusted and reliable broker. The company expands continuously and implement new features. It is a fully regulated broker which we recommend to trade with.
Advantages of Binary.com:
- Multi-regulated company
- Small minimum deposit of 5$
- Free demo account
- No hidden fees
- Return of investments up to 100%+
- Forex and CFD Trading
- Professional trading platforms
- Automated trading
7 Binary Options
Ubinary has shut down their operations.
We recommend choosing one of our top binary option brokers instead:
|Min. Invest||Min. Deposit||Max. Returns|
|All brokers >>|
|Min. Invest||Min. Deposit||Max. Returns|
Try also Binary Option Robot if you are looking for automated binary trading.
Vepatex Technology is the brand name for a company that handles payments for the Ibex Network, an affiliate network. While reviewing various online binary options brokers, binary options signals and binary option robots we have come across this company, offering its services to a god number of brokers we have included in our list of trusted brokers. One of the binary options brokers that make use of Ibex Network services is the uBinary binary options broker. For the period that this broker has been in our list of most trustworthy brokers, it has continued to offer high quality and highly profitable services for the traders using its online binary options trading platform. So far so good, we have not come across a complaint from any of the many traders using the uBinary binary options platform, regarding any of the features, tools and services the broker offers on its trading platform.
All the features of this platform that have been provided by Vepatex Technology Ibex Network have been proven to be highly satisfactory for the traders on the uBinary platform as well as for the broker. This may be the reason why the Vepatex Technology Company is associated with a number of reputable online binary options trading platforms today. The information provided online about the Vepatex Technology Company is not much. This is mainly because the services that the company offers for binary options brokers are of little or not interest to binary options traders. However, the company is associated with some of the big names in the binary options trading industry. This is to say that the Vepatex Technology Company handles backpedals for the popular and legitimate brokers in the market, such as BigOption and uBinary.
The fact that this company has been proven to offer transparent services to various online binary options platforms enhances the level of trust by traders on the brokers that are supported by the Ibex Network services, such as the uBinary broker. Having researched on this company, here is some of the facts about it that may be of interest to you as a binary options trader.
A Review of the Affiliate Program at uBinary
In addition to offering their customers a chance to trade in binary options on one of the best binary options trading platform, the uBinary binary options broker allows traders to make more money through their affiliate programs. This program is a chance for binary options traders to make a permanent income, away from trading binary options on the platform. With the current economic meltdown in various parts of the world, an increasing number of people are continually looking for ways to make more money. If you are looking for extra income, you should consider registering with the uBinary affiliate program. While there are numerous binary options affiliate programs that traders may sign up with, only a few deliver up to their promise. While reviewing the legitimate and trustworthy brokers in the binary options market, we have come across a number of affiliate programs in the industry.
Of all the affiliate programs we have come across in the binary options industry, the uBinary affiliate program is one of the best, with regards to being legitimate and giving traders an opportunity to make a lot of money continually. This is to say that the uBinary affiliate program is among the few that may be trusted in the industry.
Register for the uBinary Affiliate Program
With the uBinary affiliate program, traders are able to notch up their income using their networks, website as well as other online connections. To take advantage of this incredible opportunity, traders are required to sign up for the program, which takes about 5 minutes of your time. This way, you can make a significant increment to the amount of money you earn within a certain period. Once you have set up your uBinary affiliate account, your income will keep on pouring in every now and then.
The amount of money you are able to make with this affiliate program is actually unlimited. The income will mainly depend on the number of registered down lines you will get with this program. This is to say that the more people you successfully refer to the uBinary binary options trading website, the more money you will be able to make with the uBinary affiliate program. To make things a bit easier for the traders registering for this affiliate program, the broker offers several hybrid packages and allows their customers to choose the package they find more appropriate for their trading needs. Additionally, this affiliate program offers a number of revenue sharing options for traders using this program. One of the aspects of the affiliate program offered by uBinary that makes it unique in the market is the long list of websites, online portals and companies it offers. If you would like to learn more about this program, you just have to visit the broker website and navigate to the affiliate program page.
With the uBinary affiliate program, the amount of money you can make is unlimited and u can start making money within a very short period. Once you have understood the true potential of earning presented by this program, you can try out the various hybrid options offered by the broker.
The Login Process at uBinary
The uBinary binary options trading platform is a comparatively new broker in the binary options trading industry. However, the traders using this platform can attest to the fact that it is one of the best, with regards to offering an innovative platform, reliable and timely services as well as highly beneficial trading tools and features. As a matter of fat, the uBinary binary options trading platform is a preferred platform by thousands of traders in UK. To gain access to the trading platform at uBinary, it is a requirement by the broker that traders register for a trading account and verify their details. However, the login process thereafter is quite easy and fast.
The initial registration on the uBinary binary options trading platform required traders to enter factual details, as required by the registration form and submit it. Once you have successfully created an account with uBinary, you should send the required verification documents to the broker in order to have your name and location details verified. Failure to verify your uBinary binary options trading account will bar you from withdrawing your profits from your accounts, even if you meet all the other withdrawal terms and conditions. For the purpose of making the first investment to your trading account, you can either use wire transfer or a credit card to deposit an amount that is equal to or greater than the minimum deposit amount imposed by the broker.
The documents required by the uBinary broker, in order to verify your account, are copies of your government issued ID, copies of both sides of your credit card and a copy of a recent utility bill. Once you have carried out this one-time process, you will only be required to login to your trading account using your username and password. The minimum deposit amount required for the Standard account offered by this company is $250. A single log in to this account type offers traders an array of trading tools and features offered by the broker. Additionally, this login presents traders with educational materials and tools on the binary options trade. Again, the company will give you a bonus after you have made the initial deposit into your uBinary trading account, depending on the account type you have registered for. Regardless of the account types you have signed up for with this broker, the sign in process is the same. A single log in to this platform will present you with all the assets, trading tools, features as well as the ability to carry out various transactions on your account, such as depositing and withdrawing money.
The Trading Platform offered by uBinary
The wonderful experience offered by this binary options trading platform may be attributed to the strict code of ethics adhered to by the broker, in addition to the outstanding level of professionalism offered by the broker. The uBinary binary options platform is also easy to use, thanks to the trading software used by the platform. All the features offered by the uBinary broker on its online binary platform are aimed at making the trade more enticing and profitable for their customers, regardless of their knowledge of the trade or where they are located.
The trading platform on offer at uBinary presents trades with numerous assets to trade in. While trading in binary options, it is essential that traders have to learn how to read market trends. This way, traders can make accurate predictions in the financial market; hence make more profits while trading binary options. In this regard, the broker offers new traders an array of educative materials on how to analyse the market and read market reviews from the easy-to-read charts they have included in their binary options platform. Additionally, the uBinary broker offers a demo trading account for traders to practice opening positions on the various assets and fine-tune their binary options trading skills. Such features of the uBinary binary options platform make it a user-friendly, easy to use, reliable, and highly profitable binary options trading platform for traders from various parts of the world.
Although uBinary is a comparatively new broker in the industry, it has managed to earn the trust of many binary options traders worldwide. Being one of the most innovative and highly supportive binary options trading platforms in the market, the uBinary platform gives traders a seamless trading experience, without having to be interrupted by irritating advertisements and pop-up messages on the trading platform. Again, the platform accepts registrations by binary options traders from UK and US. When you sign up with a new binary options broker, whether you are a beginner in this field or are an experienced trader, it is imperative that you take time to understand how the broker works.
The uBinary broker has made this easier for the traders using its online binary options trading platform by offering education on binary options trading as well as demo trading accounts. After carrying out an extensive research on this broker and trading binary options on its online platform, we did not come across any complain or negative review by the thousands of traders using this platform across the globe. Again, we also noticed that the services on offer on this platform are of high quality and very reliable. The deposit and withdrawal processes supported by this platform are very secure, straightforward and comparatively fast. As such, the uBinary binary options broker is not a scam, but rather one of the leading brokers in the industry.
The trading experience offered by this broker is equally outstanding; with the option to choose any account type you prefer among the various account types offered by the broker. The customer help services offered by the uBinary broker are also impressive. Binary options traders using this online trading platform may get in touch with the customer care representatives at uBinary suing the various communications channels provided by the company. Additionally, traders can get in touch with the customer help team 24 hours in a day and 6 days a week. None of the scam brokers in this industry can offer such aspects and features. As such, the uBinary online binary options broker is clearly not a scam.
Binary. com Review 2020 – Scam or not?
Do you search for trusted information and experience with Binary.com? – Then are you completely right on this website. With more than 5 years of experience in trading, I will check in this review if Binary.com is a scam or a reliable broker. In the following text, I will show you the conditions of the company and how to trade. Is it really worth to invest your money there? – Find it out in this review.
The official homepage of Binary.com
What is Binary? – The broker presented
Binary.com is a international broker for different financial instruments. On the innovative platform you can trade Binary Options, Forex, CFDs, or Cryptos 24/7 per week. Binary is based in Malta and the British Isles. Since 1999 the company has a proven track record with awards and improvements for their clients. In 2020 there were more than 80.000 active clients and the number is rising for the following years.
Binary Investments Ltd operates in the EU which is based in Malta and Binary (IOM) is based on the British Isles and acts internationally. So traders are connected to different parts of the company depending on their country. All in all, Binary.com is one of the experienced brokers for trading financial products and derivates.
Award winning broker Binary.com
Facts about the company:
Is Binary.com regulated and safe?
Safety is one of the important factors when it comes to online trading. You can read many complaints on the internet about unregulated brokers who manipulate charts or steal customer’s money. So the first thing you have to do if you are searching for a new online broker does research about the regulation of the company.
Binary.com got more than 1 regulation and license which shows me that the broker is trusted. Have a look at the facts below. In addition, the company is debt-free and uses European top tier banks for money transactions. For customer payments, there are only regulated payment methods available.
Facts about the regulation:
In conclusion, Binary.com is a secure and regulated broker. There is no problem with money transactions and the company does the payouts fast. For example, in 2020 more than 150 million USD are withdrawn by clients. With Binary you can trade safe financial products and Binary Options.
Review of the conditions for traders – Huge range of options
What is Binary offering to its clients? – You can trade with different financial products more than 200 markets. If you create an account you are able to invest in Forex, CFDs, Cryptocurrencies, and Metals. The most popular financial instrument on the platform is Binary Options. It is possible to earn a high profit in a small-time horizon.
Traders can start with a minimum deposit of 5$ to open a live account. The demo account is free and unlimited to use. Trades can start with a small investment of 1$. Another advantage of the broker is that it is a userfriendly platform for cryptocurrencies. Traders can choose between a cryptocurrency account or a normal money account.
Choose your favourable market
The yield for Binary Options is between 80% and 100%. This is a very high amount and better than most other brokers. Furthermore spreads for CFDs and Forex are competitive and starting with 1.0 pips. Binary.com offers additional tools for their traders which can increase your trading profit by using different strategies. I will review that later. In conclusion, Binary knows what a trader needs to invest in the financial markets. The conditions are better than the most online brokers.
Facts about the conditions:
Test of the Binary.com trading platforms
Binary.com offers different trading platforms which I will present to you in the following section. Overall the platforms are very userfriendly and easy to use. Beginners will find exact tutorials for the trade execution.
Since Binary.com offers different financial products you can use special platforms for them. In the SmartTrader it is possible to trade any options you want with Binary. More advanced traders can use the WebTrader. There are more functions for analysis and trading available. In addition, there is a big advantage, because traders can trade more than one chart simultaneously. Also, you can invent your own automatic strategy very easy with the BinaryBot.
For Forex and CFD trading there is the well-known platform Metatrader 5. This platform offers all that you need to do professional trading. Choose indicators, analysis tools, or programs for your investment. Traders can adapt the trading platform to their trading style.
These platforms are available:
Review of the SmartTrader
Charting on the trading platform
When it comes to successful trading charting is very important for your analysis and result of investments. Especially for short-time Binary Options or investments technical analysis can give you a very high hit rate.
Binary.com offers in its platform different types of charts. Choose between 7 different chart types. Also, the tick chart is available which is missing on a lot of other trading platforms. Traders can use free indicators for the analysis. Configure them as you want and adjust them to your chart. The SmartTrader and the other platforms offer you all types of analytical stuff to do professional and successful trading.
Charting and analysis:
Trading Interface – How to trade Binary Options?
In comparison, Binary offers the best trading interface for its clients. In the picture below you see the interface and in the following section, I will show you how to trade on the platform.
You can see what you have to do on the platform in order to get a trade placed in the markets. For Binary Options there are a lot of different functions which configure your trade. For example, you can choose between different time horizons and expiry time. Also, it is possible to trade Binary Options based on ticks.
Trade without conflict of interest
With Binary.com you trade without conflict of interest. It is like the broker IQ Option who matches the orders intern between traders. You can see in the interface that the yield is always changing. The average yield is between 70% and 100%. The broker has to secure the risk and this affects the yield of Binary Options.
With Binary.com you trade without conflict of interest. Unlimited profit is possible.
Trading tutorial: The principle of Binary Options
On the one hand, Binary Options are very risky to trade because you can lose your investment. On the other hand, it is a very easy principle which allows you to make a high profit in a short time horizon. For beginners, there are good explanations of the trading principle on the homepage of Binary.com. In the following text, I will show you how to trade the financial product correctly.
How to trade Binary Options
Traders can bet on rising or falling markets. It is possible to trade Forex, commodities, stocks, or cryptocurrencies. The advantage of Binary Options is that your risk is limited with the chance of a high profit. Furthermore, the price has to be only one point above or under your entry point. Just choose the expiry time of the trade and make a forecast of the price movement.
Step by step tutorial:
Trade automatically with the BinaryBot
Binary.com is one of the few Binary Options Brokers who allow automatic trading. On the platform BinaryBot, you can create your own automatic strategy. The platform offers you the options which you need to create a system. From my experience, it is not easy to create a bot for beginners. You have to know about programming.
Programm your BinaryBot
Beginners can watch tutorial videos on this special topic or can even ask the support for service and help. The BinaryBot offers you different options to implement in your strategy. You can invent any strategy which you can formulate into speech.
Programm your own automatic strategy:
In conclusion, the BinaryBot is a very good chance to earn a high and passive profit from the markets. I mentioned it earlier that Binary.com is on of the few brokers who allows automatic trading and this is a huge advantage for the company.
Professional Forex and CFD Platform Metatrader 5
Metatrader 5 is the most popular platform for Forex and CFD Trading. The platform is available for any device and you can start trading with Binary.com. You only need one account for the platform on any device.
The platform is like the WebTrader but you can configure more tools and functions. In addition, this platform is only available for Forex and CFD. It is a different financial product like Binary Options. It is more complicated to trade there but with some practice, you will understand it. You can invest in different assets and buy or sell them with high leverage.
The platform offers a huge range of tools for your trading. In addition, you can implement extern tools and install them if you want. Use indicators and analytic tools like in the other platform. Each tool is configurable. Furthermore, the handling of the order executions is simple and transparent. You can limit your risk with the stop loss and take a profit.
Facts about the Metatrader 5:
Increase your profit with Ladder Options
The last platform I will present you is the platform for Ladder Options. This is a different type of Binary Options. It is the same execution tactic but you can earn more or less profit than Binary Options. The difference between these two financial products is that you can choose your entry point at a certain price.
That is why it is called “Ladder Options”. At the end of the trade, the price always has to be over or under your entry point. Ladder Options allow you new strategies because there are different barriers that you can choose.
The yield depends on your barrier (entry point) and is higher than 100%. From my, experience it is better to manage your risk because you can do less risky trades if you choose the right barrier. If you choose more risk the profit can be much higher.
Facts about Ladder Options:
Mobile Trading: Binary.com Tick App is available
If you want to trade with your mobile device, it is possible with Binary.com. The platforms are available for mobile. You can install the Metatrader 5 as an app or use the Tick App for trading. The advantage is that you need one account for any device. You can trade with your computer and use the app at the same time.
Nowadays mobile trading is very important because more and more people use their smartphone daily. With Binary.com you can check your portfolio and trading positions at any time. React to economic or political news within seconds and trade the markets. In conclusion, the app completes the offer of the broker.
Facts about the App:
Free and unlimited demo account (virtual account)
The demo account is the best way to practice trading on the platform. It is an account with virtual money which simulates the real trading. Beginners can trade freely and without risk the markets. I recommend using the demo account first before you start with real money.
Traders can gather knowledge about the platform and trade execution. Furthermore, it is important to practice and earn profit in the demo account. Advanced traders can try new strategies or markets to trade. In conclusion, the demo account is the best way to improve your trading and learn about the platform. Binary.com offers this account type free and unlimited.
Facts about the demo account:
The demo account is the best way to improve your skills.
How to create your trading account:
It is very simple to open an account with Binary.com. Just insert your email address and get started. Also, it is possible to use your google or facebook account to sign up. For real money trading, the broker needs more information about your person. Fill out the form before you deposit and withdrawal.
Binary.com is a regulated company and as a result, they have to check your identity. Just upload a picture of your passport to get started. There are no account fees for you and the account opening is simple and fast.
Easy and fast account opening
How to deposit in Binary.com?
For a deposit, you can use more than 10 different payment methods. Sometimes the payment method is depending on your country but you will see that in your account dashboard. The minimum deposit for start trading is only 5$. There are no fees.
Most payment methods are electronic. That means the money is credited directly to your account balance. Also, you can use cryptocurrencies for the deposit. The account balance is available in cryptocurrencies too. Compared to other brokers it is a huge advantage.
Facts about the deposit:
Review of the withdrawal
As I mentioned before there is no conflict of interest with the broker. Withdrawals are working correctly and you can easy withdraw you profit. The minimum withdraw amount is like the deposit amount only 5$. There are no fees or hidden costs. But how long does it take to withdraw from Binary.com?
Normally it takes up to a maximum of 3 working days. The broker will accept your withdrawal after 1 working day but with some methods the payment processor needs some time. All in all, deposit and withdrawal are working very good with Binary.com.
Example of payment methods
Active payment methods:
Support and service for traders
Binary.com offers real professional support in different languages. From my experience, it is the leader in technology and trading investments. More than 200 employees work for this company. There are offices worldwide which are working 24/5 per week.
If you got questions you can ask for help through the chat, phone, or email. Also, there is a big FAQ and help center for beginners. The support is working professional and fast. So customers should feel comfortable with it.
Professional phone support
Facts about the support:
The broker accepts traders from anywhere without the countries USA, Canada, Hong Kong. All other traders are accepted. The main audience is in Asia, Europe, and Africa. The broker always tries to improve the offer for traders and the support languages are now available in Chinese, English, French, German, Indonesian, Italian, Polish, Portuguese, Russian, Spanish, Thai, and Vietnamese.
The most growing countries for traders are:
Conclusion of the review: Is Binary.com legit?
Due to my research, I can confirm that Binary.com is not a scam broker. It is a fully regulated company which is founded in 1999 and since this year it is one of the most competent Broker for Binary Options. Start trading with the best technology for earing a high yield. Whether you want to invest short-term or long-term Binary.com is the right broker for you.
In conclusion, the facts about this company are speaking for themselves. I highly recommend using this company if you want to trade seriously. Also, I found no complaints about the broker on the internet.
The advantages of Binary:
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