Binary.com Broker Review

Binary.com does offer an initial deposit bonus for newly registered clients, however there seems to be little in the way of additional benefits or perks provided for high volume or VIP clients. This broker offers a range of trading interfaces, all of which are intuitively designed to accommodate the needs of a range of investors, and they offer a choice of contact methods for their support team including the handy live chat facility. There are are 100 assets available from this broker, which is a little below average, although there is plenty to keep most investors happy.

Intro

Binary.com is a very long established binary options broker, having been online since 2000. Allowing for trading 24/7, this broker offers a comprehensive trading interface suite and flexible pricing to suit the needs of investors at all levels of experience. With more than 1 million registered accounts around the world, this broker is a reliable choice with offices in three locations around the world. This broker offers a good choice of educational resources as well as many additional features to enhance trading, and their customer service is excellent.

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Company Information

Binary.com was established as long ago as 2000 and since then has risen to become a leading binary options broker with offices in Malta, Japan and Malaysia. Licensed and regulated in several jurisdictions including Malta, Japan, Ireland, the UK and the Isle of Man, Binary.com is owned and operated by the Binary Ltd group of companies.

Assets Available

The assets offered by Binary.com include:

FX – 34 currency pairs

Commodities – 5

Indices – 36

Stocks – 40

Overall, there are over 100 underlying assets to choose from with this binary options broker.

Bonuses & VIP programs

Binary.com offers a deposit bonus for newly registered clients which is credited to the account once the minimum deposit has been made and the client has reached a turnover five times the bonus amount. There do not appear to be any additional perks or benefits for high volume or VIP traders offered by this broker.

Mobile

AvaTrade offers a number of different web based trading platforms for the convenience of its customers, however to facilitate trading on the move this broker has also provided a mobile trading app for Android and iOS devices to allow for a seamless experience. With access to over 200 assets, these apps offer a host of features including Touch Trading, Live Quotes, Interactive Charts, full account management, access to trading history and the ability to edit open positions.

Deposits and Withdrawals

Binary.com excels in offering an enormous range of deposit and withdrawal methods for the benefit of its clients. These include:

• Bank wire transfer
• Internet bank transfer
• Western Union
• Visa
• MasterCard
• UnionPay
• OK Pay
• FasaPay
• Perfect Money
• Skrill
• Neteller
• MonetaRu
• WebMoney
• Qiwi
• Yandex
• PaySafe Card
• Bitcoin

Minimum deposits range from just $5 up to $100 depending on the method chosen, and maximum deposits range from $200 up to $100,000. The minimum withdrawal amount ranges from just $5 up to $100 depending on the method chosen,and maximum withdrawals range from $200 to $100,000. Deposits via e-Wallet methods and credit cards are processed instantly, although bank transfers may take up to 1 working day to process. Withdrawals are also processed within 1 working day.

Customer Support

Binary.com offer several contact methods through which questions can be asked and issues resolved. Clients can choose from:

• Telephone (toll free number)
• Email
• Live Chat

This broker’s website can also be viewed in numerous languages to cater for the needs of clients around the world including:

• English
• Indonesian
• Chinese
• Japanese
• German
• Polish
• Spanish
• French
• Italian
• Portuguese
• Thai
• Russian

Extra Features and Resources

Binary.com have provided free of charge educational resources for the benefits of its clients at all levels of experience. There are videos and webinars available which cover a range of topics and there are also some other useful resources to enhance the client’s trading experience such as weekly market updates, trading signals and up to date news.

Verdict

Overall, Binary.com has enough features to appeal to a range of clients, both new and experienced. There are, however, some negatives to choosing this broker.

Pros

• A range of impressive trading interfaces designed to accommodate the needs of both advanced and new traders
• Web based trading terminals with no need for downloads or installations
• A huge choice of convenient banking methods including popular e-Wallets
• Fast withdrawals and deposits
• A range of excellent additional features like market analysis and trading signals
• Strong encryption for the client’s security
• Regulated in numerous jurisdictions for the client’s peace of mind
• Free educational resources on a range of topics for all traders at all levels of experience including webinars and videos
• Segregated funds
• Free mobile apps for both Android and iOS devices
• Over 100 tradable assets
• Instant Live Chat contact options
• Free demo accounts
• Multilingual website
• No commissions or fees
• Long trading history for excellent reliability
• Award winning broker
• Low minimum deposits
• Deposit bonus for registering with this broker

Cons

• Traders from the USA are not accepted
• No additional perks for VIPs or high volume traders

FAQ

Can I open a free demo account with Binary.com?

Any potential client has the possibility of opening a free demonstration account with Binary.com. This useful facility offers clients the chance to experience the broker’s trading interfaces and to try out the many features offered by this broker. Ideal for those who are brand new to binary options trading, this handy facility enables novices to learn the basics about trading and to try their hand risk free in the financial markets before committing any of their own funds. For more experienced investors too, a free demo account is a great idea as it allows for experimentation with new techniques and strategies without the need to take any personal financial risk.

Does this broker offer plenty of assets?

Most investors will be very satisfied with the choice of assets available from Binary.com. There are over 100 different assets to choose from including commodities, stocks, indices and Forex currency pairs.

Is Binary.com a reliable broker or a scam?

Anyone who is considering registering with Binary.com can rest assured that they are selecting a reliable and trustworthy operator. This broker has been operating online since 2000 and has a long standing reputation as a reputable company. Having won awards for their quality of service, Binary.com are a good choice for any trader, and for extra peace of mind they are also licensed and regulated in several jurisdictions including the UK, the Isle of Man, Japan, Ireland and Malta.

Does Binary.com offer bonuses?

Newly registered clients can look forward to receiving a deposit bonus as a reward for signing up, however there appear to be no further bonuses on offer, or any additional perks for VIP investors.

I prefer to use e-Wallet methods for deposits, will that be possible with this broker?

Whatever payment type you prefer, you will find your needs accommodated when you choose Binary.com. This broker caters for the preferences of all kinds of investors, whether they prefer a more traditional deposit method like a bank wire transfer or a more modern e-Wallet like Skrill. There are a huge range of deposit and withdrawal options to choose from including popular e-Wallets, and all methods benefit from fast processing.

Are my funds safe with Binary.com?

As a regulated and licensed operator, Binary.com are obliged to ensure that all clients’ funds are kept in segregated accounts for extra security and peace of mind for the customer. This broker’s website is also well protected with cutting edge encryption to protect the client’s personal and financial information from potential hacking or cybercrime.

Do I have to install any software on my PC to trade with Binary.com?

All of Binary.com’s trading interfaces are 100% web based, so there is never any need to download or install any memory intensive software on your computer. As the interfaces are internet based you can access your trading account seamlessly at any time and in any location from any internet enabled device. If you like to trade on the go, you may want to download the free mobile app which is available for iOS and Android devices and which facilitates convenient trading on the move.

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