RBinary appears to offer welcome bonuses to its clients, however there is no information provided about this on their website. Their trading software is modern and intuitive enough for both novices and experienced investors to use and their customer support is very impressive, being available 24 hours a day and accessible through numerous methods. It is unclear exactly which options are available for clients to trade with, however they are across all of the main categories.
Review Overview
Bonuses - 40%
Software - 90%
Customer Support - 90%
Options Choice - 60%
70%
Good quality broker
Summary : Trusted broker
Intro
RBinary has been providing brokerage services for over 10 years and offer cutting edge technology to make the financial markets accessible for investors worldwide. Offering a unique set of trading tools paired with impressive 24 hour client support, this broker offers a good choice of payment methods together with free educational resources to improve the trading experience for both beginners and advanced traders alike.
Company Information
RBinary operates from a base in the Marshall Islands, and has been in business for over a decade, offering online brokerage services to clients from around the world. This broker does not appear to be licensed or regulated by any recognised authority or body, however RBinary has a strict compliance procedure which must be followed in order to ensure the security of the clients’ funds and always protects client financial transactions carried out through their website with strong 2048 bit SSL encryption for complete peace of mind.
Assets Available
There is no clear listing available on the RBinary website to demonstrate which assets are available for trading, however they do offer a range of assets across all of the main classes including currencies, indices, commodities and stocks.
Bonuses & VIP Programs
RBinary implies in its terms and conditions that it offers welcome bonuses to newly registered clients, however there is no further information provided on their website to indicate the amount of bonus offered to clients at each account level. The terms and conditions listed on the website suggest that promotional offers may be offered at certain times to clients and 20 times the deposit amount must then be traded in order to be able to withdraw any profits. A bonus of up to 35% may also be awarded at the broker’s discretion for every deposit made up to a maximum of $1500.
Mobile
RBinary offers a convenient 100% internet based trading interface which allows seamless and speedy access as well as fast trade execution without the need for any installations or downloads of memory intensive software. This broker has also developed a handy mobile app which can be downloaded from either the broker’s own website free of charge or from the Apple Store or Google Play Store for use on either Apple or Android devices. This mobile trading software offers any time anywhere access to the client account interface and allows for the checking of assets and the placing of trades at any time from the palm of the client’s hand.
Deposits and Withdrawals
RBinary offers both classic and contemporary payment options for making account deposits and withdrawals. These include:
- Visa
- MasterCard
- Bank transfer
- Neteller
- Skrill
- UPayCard
The minimum deposit which can be paid into the lowest level of RBinary trading account is $250.
Payouts are generally received within 3 days of the withdrawal being requested and no limit is placed on the amount of money which can be withdrawn from a client’s account.
Customer Support
The RBinary client support team are available 24 hours a day to respond to queries and to resolve any issues which may occur. They can be contacted via a number of methods including by:
- Live Chat
- Web form
- Telephone helpline
Extra Features and Resources
RBinary offers its own training academy where clients can access a range of useful educational resources to widen their knowledge of the financial markets and to have the opportunity to increase their profits through the use of more complex trading strategies. Clients can access the free training videos online after opening a trading account free of charge. Some of the other features offered by this broker include the opportunity to participate in social trading as well as up to date market insights and current FX options reports to inform trades.
Verdict
If you are considering choosing RBinary as your preferred binary options broker, there are a number of positive factors to consider, however there are also some disadvantages too:
Pros
- Cutting edge trading software that is suitable for use by both experienced and novice traders
- 100% online trading interface requiring no installations or downloads
- Mobile trading app for both Android and iOS devices
- Instant customer support via the live chat facility
- 24 hour client assistance
- Free educational resources for clients at all levels of experience including videos, tradebooks and seminars
- Strong SSL encryption across the website
- Excellent choice of deposit and withdrawal methods including e-Wallets like Skrill and Neteller
- Social trading forum
- Exclusive trading features such as market insights and FX Options reports
- Bonuses are available
- Free demo accounts available on request
- Returns of up to 240% on a single trade
- Strong VeriSign 2048 bit SSL encryption to protect clients’ financial transactions
Cons
- Not regulated or licensed by any recognised authority
- Not accessible to US traders
FAQ
What types of options can be traded through RBinary?
This broker offers 5 different option products including:
- High/Low
- Range
- Hyper
- Social Trading
- One Touch Options
Can I trade with RBinary using my mobile device?
RBinary are aware that their clients are keen to enjoy the benefits of trading while out and about on the go through mobile devices such as Android smartphones, iPhones and tablets. In order to achieve this, they have an entirely web based trading interface which can be accessed from any device with an active internet connection. This means that there is no need to be tied to a PC in order to place trades or to check assets. To make trading from iOS and Android devices even more convenient, RBinary also have developed a mobile trading app which can be downloaded free of charge from their own website or from the Play Stores. This convenient interface allows clients to access their accounts at any time and from any location, and to make a trade to take advantage of current market conditions without the hassle of being near their PC.
Does RBinary offer a demo account?
A demonstration account is a great way for potential clients to try out the broker’s interface and to see if it is the right choice to meet their needs. A demo account has all of the functionality of a live trading account but using virtual funds. This allows novices to try their hand at trading on the financial markets without risking any of their own money, and also for more experience investors to experiment with a range of new strategies and trading techniques without using any of their own funds. RBinary offers a free demonstration account to any potential client, and one can be requested by simply contacting the customer service team to request that one is set up. This is a useful and convenient facility which makes RBinary stand out from many of its rivals who do not offer this service.
Does it cost anything to register with RBinary?
It does not cost the client anything to register with RBinary as their chosen binary options broker and there are no hidden fees or charges to worry about.
What are the benefits of trading with RBinary?
RBinary offers a number of benefits to its clients including high returns of up to 240% on an investment, provision of professional trading tips, and advice and support from a professional support team 24 hours a day. Some of the other advantages of choosing this broker include extremely secure financial transactions as the site is protected by cutting edge 2048 bit SSL encryption and an award winning trading platform which offers numerous impressive features such as 3D parity algorithms, rapid trade execution and one click trading. This broker also has an advanced educational resource centre where new traders can master the basic skills of investment and more experienced investors can hone their skills, and a convenient mobile trading app which gives complete access to live trading accounts from anywhere in the world.