Best Binary Brokers
365Trading is a binary options online broker that was established in 2012. Over the last few years, the company have made a good impression among the trading community and, thanks to their unique proprietary trading platform, they stand out from the crowd. 365Trading is managed and owned by Old Dutch Trading, and have their headquarters in Spain, in the city of Barcelona. Traders from most countries are accepted by this provider, however those from the United States and Africa are not permitted to register. 365Trading is thought to be an especially good platform for those who are new to binary options trading as the minimum deposits required to open an account are low and there is a comprehensive educational section. If you are looking for a new binary options broker, this 365Trading binary options broker review will supply you with all the essential information that you require to make an informed decision.
365Trading Account Types and Tradable Assets
365Trading only offers a single type of trading account, which makes selecting the correct product to suit your own needs a breeze. While this may appeal to those who are novices, those who are more experienced and professional traders may prefer a broker that has a greater variety of account types and which offers more perks and benefits for VIP and premium level accounts that are aimed at the needs of the most skilled investors. There are only two types of binary option contracts available from this broker – short term trading and standard High/Low options. There are expiry times that range from 15 minutes right up to end of day trades for standard trades and for short term trades, it is possible to select from expiry periods that are as short as 60 seconds right up to 10 minutes. Trading accounts can be opened in one of three currencies, US Dollars, Pounds Sterling or Euros and the minimum deposit required to open an account is either $50, £50 or 50 Euros which is one of the lowest amounts required for a deposit in the market today. Despite the lack of contract types offered by this provider, there are more than 50 different underlying assets to select from. 365Trading allows traders to choose from currency pairs, equities, indices, futures and commodities and payout returns are between 60% and 85%.
365Trading Trading Platform and User Interface
The trading platform used by 365Trading is proprietary software, designed by their in-house team. The interface has been well designed and is very fast and efficient to use while remaining user friendly enough for even novices to get to grips with easily and quickly. Upgrades are being continually put into place to ensure that clients are enjoying the best possible binary options trading experience. The trading platform has particularly impressive charting tools and it also has a binary options robot allowing investors to have access to the market’s current state. There are plenty of advanced trading tools on this interface with the option of switching between line graphs and candlesticks depending on each user’s individual preferences. It is also possible to use the zoom feature in order to set intervals of 3 hours, 1 hour, 30 minutes and 5 minutes. The platform also features a comprehensive educational resource section which grants access to a host of training videos on such topics as Harami patterns, lines of support and resistance, engulfing strategies and passive trading rules.
365Trading Customer Service and Banking Options
Customer service is very important to 365Trading and therefore there are options available for contacting the support team 24 hours a day, 7 days a week. Support services can be contacted either by email or via a telephone helpline and, to accommodate the needs of clients who speak a range of languages, the staff are multilingual, speaking one of several languages including German, Dutch, French, Spanish, Swedish, Portuguese and English. There is also a Live Chat facility on the website which enables traders to obtain answers to their questions and resolutions their problems in a timely manner. There is even an option to contact the support team via Skype, which makes this broker even more appealing to those who appreciate the opportunity to contact representatives in as many ways as possible to be sure of getting a rapid response.
365Trading is a CySEC licensed and regulated broker which uses segregated accounts for all of their clients’ funds in compliance with the regulations. There are many methods available to investors by which they can deposit funds into their account or withdraw money. These include traditional methods such as Visa, Amex, MasterCard and bank wire transfer as well as popular contemporary e-Wallet methods like PayPal, Skrill, Neteller and other less well known methods such as Ideal, Bancontact – Mr Cash, Trustly and Sofort. Withdrawals are processed rapidly, generally within one to three days.
While 365Trading appears to be a better choice of binary options broker for those who are newcomers to the financial markets thanks to its low minimum deposit requirements, single account type and excellent educational resources, there are also features of the trading platform which will appeal to experienced investors such as the advanced charting tools and trading tools. The excellent customer service is also an appealing feature of this broker thanks to its multitude of contact methods including the more unusual option of selecting Skype, and as this broker is CySEC regulated, clients can rest assured that their investments are in safe hands.
