Binary.com Broker Review ¦ Safe Binary Broker South Africa

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Contents

Binary.com Review

Binary.com was one of the long-term binary options brokers, available on global financial market. Our Binary.com review revealed how they accept traders from South Africa and therefore, we decided to review their trading platform.

Binary.com initially appeared on financial market back in 1999 and are operated by the Binary Investments Ltd.

In this Binary.com review, we will take a closer look of the platform and trading instruments, which are available for traders in South Africa. For more details about this safe binary options broker, read further in our Binary.com review.

Binary.com Trading Platform

Our Binary.com review showed how this broker uses own proprietary software, which puts him in category of few binary brokers who offers their own software to registered traders. They enable traders to use a variety of trading tools and a selection of different underlying assets.

Traders in South Africa should know how Binary.com broker is a regulated one.

For Binary.com review, we learnt how required minimum deposit is low $5. Minimum investment is also just $5, while maximum is $100 000. Highest bonus is $150, while maximum payouts can go up to 100%.

Binary.com Trading Features and Services

Our Binary.com review revealed us how they offer a long list of trade options, combined with an exceptional list of different times of expiry. South Africans can choose whether they want to trade with following trade options: One Touch, High/Low, 60 Seconds, Boundary, Long Term and Touch Options.

Traders can select among short term and long term expiry times, covering trading within 15 s, 30 s, 60 s, 2 min, 5 min, 15 min, 30 min, 1 hr, 24 hr, 24 hr+, end of day/week/month, 30 days and 150 days as maximum.

Traders can invest in different underlying assets, such as forex, commodities, OTC stocks, indices and volatility indices. Full list of assets can be found under Asset Index on the bottom of the website.

According to our Binary.com broker review, we noticed how they recently implemented mobile app, which is excellent news to all interested binary traders who are busy, but want to have access to mobile platform. This app is connected to both Android and Apple devices and can be used on tablets and mobile phones. Binary.com mobile app can be downloaded from App Store and Google Play.

On the other hand, they do offer demo account, which is an excellent news for inexperienced South African traders. When traders register on this platform, they will be offered with $10 000 of virtual money for safe trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

Why we say safe? Because trading on Binary.com platform is risk free since traders don’t invest their real money but instead they get a chance to practice and test trading platform in order to have better trading results.

Another thing we came across Binary.com review is that they have implemented charts in real time, such as candlestick graphs and JAVA software, which enables traders to easily detect price range of chosen asset.

Our Binary.com review showed how they have prepared one of the best education section, together with blog. In Learning Center, South Africans can find training videos, including those related to different assets.

Also, traders can get more information about security tips, weekly market updates, glossary and FAQ. especially for new traders, Binary.com prepared tab called New to Trading? And education webinars to gain more trading knowledge.

Binary.com Customer Support

What we discovered in Binary.com review is that they offer assistance via several communication channels, such as: email [email protected] , live chat and phone for several countries worldwide. Binary.com also has offices in different countries (Malta, Japan, Malaysia and Isle of Man).

This way, traders can ask for help whenever needed and live chat showed as the quickest option, since support agent joined chat within seconds. Having good customer support is valuable to have since traders need to trust their broker, who will assist them achieve success while trading.

Also, this broker supports GameCare, an organisation which supports people with trading issues.

Our Binary.com review revealed how platform is multilingual and available on following languages: English, French, Spanish, Russian, German, Polish, Portuguese, Italian, Arabic, Indonesian, Vietnamese and Chinese.

Binary.com Banking Info

Traders in South Africa should know how registration on Binary.com is free, however deposit is required to start trading. Minimum deposit amount is $5, which is extremely low and also, attractive for traders to join and begin their binary trading experience.

They offer absolutely amazing list of deposit methods as we discovered in Binary.com review. It is important to keep in mind how selected payment method while depositing has to remain the same as when withdrawing.

Under Banking tab, traders can click on Cashier (to select payment option and upgrade to a real account) or on Payment Methods option.

Available deposit methods with Binary.com are:

  • Debit / credit cards: Mastercard, Visa and UnionPay
  • Bank wire: Western Union, Internet Banking, Internet Bank Transfer and Bank Transfer
  • E-wallets: Skrill Moneybookers, Neteller, OK Pay, FasaPay, Perfect Money, Moneta.ru, WebMoney, QIWI, Yandex.Money and PaySafe Card

With cards and e-wallets, deposits are instant, while withdrawal time depends on selected option, but is usually between 1-2 working days. Only via bank wire, withdrawal time can go up to 5 working days.

Binary.com review – Is Binary.com a Trustworthy Broker?

Have you made up your mind to become a binary options trader? If that is the case, then you surely need the assistance of a reliable broker also. We did a bit of research on our part and realized that Binary.com is worth the consideration and we will just answer why.

Overview:

    Minimum Deposit: 5$ Minimum Trade Amount: 5$ Max. Return: Up to 100% Tradable Assets: +100 Regulated by MGA and others Demo Account: YES

Note: Your capital is at risk

Introduction

Binary.com was founded way back in 1999 by Binary Group Ltd. and is a trusted name in the binary options trading industry. Way back in 2020 Binary.com released its auto-trader and also introduced the Bitcoin accounts.
This broker focuses on making rapid developments. Let us explore the regulation details of this broker before looking at the features.

Binary.com Regulation

This broker is regulated and licensed and has a loyal clientele of about 1,000,000 global customers. Currently, Binary.com has acquired the membership of FFAJ, and also holds the license of Malta Financial Services Authority.
This broker is also licensed by Vanuatu Financial Services Commission.

Fast Binary.com Registration

Registering with Binary.com is also a quick process. You need to visit the website and click on the create account option for creating your account with this broker. Once you have created your account use, Binary.com log in to get access to your account.

Account Types

You can get access to two different types of accounts with Binary.com.

You can use the fiat or cryptocurrency while trading using the real account.

Binary.com Demo Account:

If you are just starting off with binary options trading, then make sure that you are comfortable with the look and feel of the broker you select. For this, it is essential to make use of a demo account. The good news is that Binary.com does offer a practice account.
This means that you get a fair chance to try out your trading strategies using Binary.com demo account. This way you will not have to worry about any losses at all. The best part is that you can get hold of a virtual credit of about $10,000 with the demo account.

Key Features of this Platform

Binary.com Deposit Details

Well, you do not have to worry about the fact that you will have to make a massive deposit to this platform. The good news is that the Binary.com minimum deposit amount is just about $5.
Another plus is that you can make use of a variety of deposit methods to submit your deposit amount. For example, you can use credit cards or net wallet. This platform also accepts Visa Card and Master Card. You can also use cryptocurrency to deposit this platform.
If you are a new trader, then you do not have to invest big. You can even start trading with a minimum amount of about $1.

Binary.com Withdrawal Information

You have a wide variety of withdrawal methods available when you select Binary.com. The minimum withdrawal time is about 3 to 5 days.

Dependable Charts and Technical Tools

Every trader is focused on placing trades that can earn him profits at the end of the day, but for that, you need a starting point. Binary.com offers technical analysis and charting tools so that it becomes easier for you to analyze the market trends. The price bands and the indicators will make it simple for you to make your decision.

Get Hold of the Powerful Binary.com Robot

If you are reluctant to opt for manual trading, then you can explore another option, and that is automated trading. Binary.com provides a reliable binary bot. You can make use of a simple drag and drop function for coming up with your trading apps.
The Binary.com robot is a great option for those traders who are relatively new in the field of trading.

Trade on the Go with Binary.com Tick Trade App

You can trade from anywhere in the world by using theBinary.com Tick Trade app.

Advanced Binary.com MetaTrader 5 Available for Forex Trading

If you are eager to trade the CFDs and Forex, then you should invest your trust in MetaTrader 5 as it is a recognized global standard.

To trade in the Forex market efficiently, you need to follow some rules while using Binary.com. It is important that you should be able to read the currency pairs. At the same time, it is vital to know when you should buy or sell.

When you have made up your mind about your position, then you should buy your currency pair on MetaTrader 5. For example, if you decide to go long, then, in that case, you will need to buy EUR 1 for about $1.17726.

If you decide to go short, then in that situation you will have to sell EUR 1 and receive about $1.7726 in return. For both, the cases MetaTrader 5 offers the buy and sell button to manage your Forex trades.

Even for forex trading, you need to have a minimum account size of about $5. The minimum position size has to be about 0.01 lot, and you can go with a variable spread type. Binary.com offers a margin call level of about 150%, and the stop-out level is about 75%.

The major advantage of opting for Binary.com MetaTrader 5 is that you can customize your trades so that you can look forward to a higher pay-out. Trading the volatility indices 24/7 also becomes a lot more fun with MetaTrader 5, and you can benefit from the algorithmic trading also.

Binary.com WebTrader Offers a Generous Return

If you are careful about monitoring the market trends, then you can even look forward to a return of about 91% using this platform. The best thing about the WebTrader is that it is easily accessible in any browser in about 13 different languages.

Plus, you can get hold of many customizable features with the WebTrader. For example, you can arrange the charts and assets.

Lavish Binary.com Bonus to Encourage the Traders

The biggest incentive for any trader is the bonus offered by a trading platform. Well, Binary.com will not disappoint you in any way. This platform offers a lavish bonus of about 100%.

Various Trading Options Available

You can try out various trading options using this broker. You can explore Touch/ No Touch, In/ Out and Up/ Down options. What you should do is explore the trading options and devise strategies that can help you earn the maximum profit.

Plenty of Expiry Options Available

It is up to you to go for short interval expiry time or long interval expiry time. If you want to make quick profits, then you can opt-in for an expiry time of about 15 seconds to 60 seconds. If you feel comfortable in long interval trades, then you can even select an expiry time of 24 hours while trading using this platform.

Best Features

We also feel the need to highlight the best features that should compel you to go for this platform right away.
  • The demo account is the key highlight of this platform.
  • Plenty of learning resources available.
  • You can get access to the interactive webinars.
  • Trading is available on weekends
  • Five different types of trades that can be executed using this platform.

Frequently Asked Questions

When you log in to your account, you will be directed to the trading screen. You will have to define the trading parameters on the screen and start trading.

If you are stuck at any point in time, then you can email your queries to the support team. If the query is urgent, then you can also call on the phone numbers that are listed on the site of Binary.com.

Yes, early closure is allowed by this broker so that you can minimize your losses.

The trader has plenty of options when it comes to the expiry time. You can opt for 15 seconds, 30 seconds or even 60 seconds expire. You can even opt for longer expiry time like 24 hours.

Conclusion

Binary.com is an ideal platform to commence with binary options trading. It is a feasible option both for new and professional traders. If you want to excel using the platform, then make sure that you explore the platform first. This way you will develop a comfort zone with this platform and will be able to get the desired results.

Note: Your capital is at risk

Best Binary Options Brokers in South Africa

Binary Options trading has rapidly gained popularity in South Africa and the rest of the world since its entrance in the financial market. There are only two possible outcomes of trading Binary Options, whether the price of the underlying asset will fall or rise. It has a fixed payout and expiry time that makes many people think that it is easier to trade binary options compared to other financial markets. In South Africa, trading Binary Options is not illegal and is thus growing in popularity day by day. This has also led to an increase in demand of the Binary Options brokers. However, Financial Services Board or FSB of South Africa does not yet regulate the Binary Options brokers. This also prohibits local South African companies to offer binary options trading. But, this does not mean that a person from South Africa cannot do binary options trading.

This leaves the traders confused to choose out a good binary options broker. When going by regulation the trader can choose a brokerage website that has been registered under CySEC, ASIC, or any European recognised licenses. The fight among the brokers to gain the top position keeps the competition alive.

Let’s look at the top three binary options brokers in South Africa.

Overview: Binary Broker Comparison Table

1 Your capital is at risk

Broker Website Regulation Min. Deposit Min Investment Max Return Demo
Visit Broker 1
IQ Option Review
CySEC and others 95% 2 Yes
Visit Broker 1
Spectre.ai Review
Costa Media Interactive SRL 83% Yes
Visit Broker 1
Binary Review
MGA and others $ 5 $ 5 100% Yes
Visit Broker 1
Binomo Review
CROFR $ 10 85% Yes

#1 IQ Option

Overview:

    Minimum Deposit: $10 Minimum Trade Amount: $1 Maximum Return: 95% 2 Tradable Assets: over 500 assets Regulated by: CySEC Demo Account: Yes

One major reason why traders choose IQ Options for trading binary options is that the brokerage website offers a deposit as low as $10 to access a live account. IQ Options believes in their own software and so does its clients. The brokerage company constantly updates the software that make it the No. 1 platform to trade in South Africa. The interface is highly intuitive and does not require the client to download any other software for trading.

The broker company offers as high as 80% bonuses to the South African traders on each deposit made by their clients. The binary option trader can choose to open a demo account first where the broker offers 13 trading assets to their clients. The platform when doing live trading has more than 500 underlying assets are available to the South African traders. If anyone chooses the VIP account, they have the chance of receiving up to 100% bonus on deposits. IQ Option Europe Ltd. is registered at Cyprus, and is regulated by CySEC. IQ Option Ltd. is registered at Seychelles.

IQ Option has set the minimum trade price at $1 such that everyone can participate and the maximum option price is set at $5000 so as to prevent the traders from investing blindly and losing too much. IQ Option claims to take no fees or costs for trading Binary Options. It completely depends on the trader to choose Call or Put or even invest at all. The pay-outpercentage offered by the Binary Options broker is based on the tradable asset and the market condition.

Note: Your capital is at risk

#2 Spectre.ai

Overview:

    Minimum deal size of only $1 Get started with less than $25 (0.10 ether) Free demo account available! Built-in economic calendar Min. expiry time: 10 seconds Max. payout percentage of up to 83% 24/7 support

Spectre or „speculative tokenized trading Exchange“ is an Ethereum blockchain powered broker-less trading platform, which is completely decentralized. With the aim of bringing binary options trading into the blockchain realm, Spectre.ai offers a smart option on a lot of different investment options. This includes currency pairs, commodities, and even certain cryptocurrencies or fiat currency pairs.

The Spectre.ai platform aims to fully utilize the potential of the Ethereum blockchain along with smart contract functionality to create a comprehensive and effective online trading platform. The team behind Spectre takes great care when it comes to security, as all the trades performed on the platform are governed and processed using a set of audited smart contracts. As a result, every single trade, outcome, and pay-out is predetermined by the aforementioned set of smart contract. This results in increased transparency in the platform’s execution. The decentralized nature of the platform enables it to offer traders a seamless and secure trading experience, without the possibility of interacting with third-party brokers.

Spectre’s decentralized nature means that the platform’s balance sheet is owned by the Spectre token holders themselves and is not in the hands of any single centralized entity. In return, token holders receive a dividend based on Spectre’s trading volume at that time.

Note: Your capital is at risk

#3 Binary.com

Overview:

    Minimum Deposit: 5$ Minimum Trade Amount: 5$ Max. Return: Up to 100% Tradable Assets: +100 Regulated by MGA and others Demo Account: YES

Binary.com has the experience of gaming websites other than online Binary Options trading. It is supervised by the Binary Investments Ltd. Like IQ Option, Binary.com has its own interactive Java(R) run charting software for the benefit of its clients. This translates to a large number of trading tools and several underlying assets to trade on. The minimum deposit as well as the minimum investment in Binary.com is a mere $5. The maximum deposit is however $100,000. The binary options broker offer bonus up to $150.

The pay-out percentage depends on the market situation and the underlying asset and can be as high as 100%. The time period of trading an underlying asset can range from 15 seconds to150 days (expiry time). The traders have the option to choose from different underlying assets like forex, stocks, commodities and indices.

On registering for the demo account on Binary.com, the traders will receive $10,000 virtual money. Besides this, the inexperienced South African traders can benefit from the educational section of the Binary.com website. They can join any webinar and interact with the market analysts and experienced traders/investors. One unique feature introduced by Binary.com is Asian & Digits that runs on the Random idea. The influence of the gaming industry can be directly seen from this as this feature allows the trader to calculate bets on the last digit of the expiry time instead of counting it on the pips.

Note: Your capital is at risk

#4 Binomo

Overview:

    Minimum Deposit: $10 Minimum Trade Amount: $1 Maximum Return: Up to 85% Tradable Assets: 80 Trading Platform: Proprietary Trading Software Regulated by: CROFR Demo Account: Yes

Binomo had started out in 2020 and is registered in Seychelles. Even though the binary options broker is awaiting CySEC license they have already received an FMRRC certificate. The minimum deposit at Binomo is $10 only and the minimum investment made by a trader is $1. The minimum deposit for gold account is $500 and for the VIP is $1000. Providing security to its clients is the key issue for Binomo and thus they rely on modern SSL security certificates. Binomo claims that the winning rate on their platform on an average is 85% and the stats can even reach up to 90%.

The demo account of Binomo offers $1000 of virtual money for the traders to gain experience and test a market situation. The expiry time for the options usually ranges from 15 seconds to 1 day on this platform. The payout percentage offered by Binomo ranges from 70 percent to 87 percent and it is based on the underlying asset, the account type (standard, gold or VIP) and the market situation. Other than the initial deposit bonuses, Binomo continues to offer promotional offers and organises games to make the Binary Options trading arena more interesting and competitive. The topping up of the bonuses can be as high as 85% as it depends on the funds transferred by the trader.

All the binary options brokers mentioned above provide demo account that is an essential feature. They offer comparatively low initial deposit such that anyone can open a live account on their platform easily. IQ Option, Binary.com and Binomohave developed own apps that enable their clients to do Binary Options trading from their smartphones (Android and iPhone) from any region. The customer support for the three Binary Options broker websites mentioned in this article is comprehensive and eager to help out their clients in every step.

Note: Your capital is at risk

2 Amount will be credited to account in case of successful investment

Binary.com Review and Tutorial 2020

Go to the Brokers List for alternatives

Binary.com Facts & Figures

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.

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.

Binary.com Review Visit site

Formerly at BetOnMarkets.com. Related sites include Deriv.com.

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Consumer Reviews

Definately the is nothing respectable about Binary.com

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Today on the 2nd of Jan 2020 I decided to trade. With my new understanding every trade was in profits. I was closing in profits and since I was trading Crash 500 I kept my Stop Loss in the money.

But that seemed to not help me at all as now suddenly trades in the money weren’t safe. They lost money. I deposited again and the same thing happened. I have the screen shot if you have any doubts and now I am trying to withdraw my money and leave this rubbish broker but I am only given the option of skill, perfect money and neteller to withdraw.

This has been a bad experience

Service use: Live

Length of use: 0-3 Months

Not sure this is something that someone else has experienced but i have had my trades in binary cancelled due to something they said in the lines of “the underlying market has moved too much since you priced the contract. The contract payout has changed from . ” see this screenshot (https://imgur.com/326aWWn)

4 trades cancelled in one day. never had this issue before am just wondering whether its some sort of price manipulation or just an isolated case. To make things worse the trades cancelled were all in money. And this comes after a good run of profiting . I guess they just found out my strategy is a threat to their profits.

Am giving them a 2 star for now. will come back to revise my rating should once i verify this is either an isolated case or part of a scam.

Nov 6, 2020 – 4 Stars Binary.com is okay.. at first is saw some discrepancies between mt4 charts and their charts but later realised every broker out there has different data feed source. I searched for a forex broker who has data feed as same as binary.com and opened a demo account with the forex broker so as to use their account on my mt4. My mt4 charts and binary.com charts were now almost synchronised.. practised on demo account for a few weeks and now am using live trading and i have not seen any difference between demo and live account.

For those notising huge difference, say of more than 2 pips between mt4 charts and binary broker charts, i suggest you comb the internet and find a forex broker offering mt4 account and whose data feed is as close to your binary broker as possible

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
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