General Information
Binary.com has started providing trading services since 1999 but at that time, we didn't know the term binary options yet. In fact, the term binary options has been used since 2007 when binary options brokers started to flourish. Three offices are found in Malta, Malaysia, and Japan and fully licensed and regulated in Malta, the United Kingdom, the Isle of Man and Ireland.
Binary.com provides one of the easiest trading platform with sharp prices and split-second execution. There is no spread or extra commission to each contract and one contract may last from 10 seconds to 365 days. Binary.com has earned numerous awards for its service and high ethical standards. Compared to other brokers, binary.com is reputable for high payout rate up to over 100% based on the market probability. You are on your own terms in choosing whatever expiration time you like.
Trading Platform
Binary.com offers three types of trading contracts: Ups/Downs; Touch/No Touch; and Ins/Outs. In Ups/Downs contract, all you need to do is to predict whether the price of an asset is going to be lower or higher than the entry price after the expiration time. For Touch/No Touch contract, you just need to correctly predict whether the price is going to hit certain point or not hit a point after a certain period of time. Ins/Outs is about predicting whether the price is going to stay in or go outside a certain gap of price after a certain period of time.
You can trade using only 1$ minimum for one contract and the minimum deposit is only 5$. However, you can stake over 10000$ for one contract.
Deposit and Withdrawal methods
The minimum deposit is only 5 dollars and you can trade just one dollar minimum contract.
Assets Available to Trade
There are various assets you can trade based on your preferences. All funds are held in secure AAA-rated banks. The assets include All Forex pairs, indices, OTC stocks just added such as Alibaba, Amazon, Facebook, Apple, etc., all types of commodity such as gold, silver, corn, etc. The best of all is the broker provides independent volatility indices formerly called random indices that allow you to trade even on weekends.
In addition, binary.com has its own chart software available on Chrome add-on or desktop software and browser-based charting platform. The data is generated from the central international financial center.
Best Features
The broker is responsible and has good advice for their clients because they are under Gamecare so they have several features to help you avoid any harm caused by your trading activity. You have some trading limits that are available to you if you want the website to control your trading activity as trading may succumb to addiction and losses of capital. Available limits are:
- a limit on the amount you may trade within a specified period of time;
- a limit on the losses you may incur within a specified period of time;
- a limit on the amount of time you may trade in any given online session;
- a definite or indefinite period during which you wish to exclude yourself from the website.
Other best feature is their higher payout compared to other brokers. You may easily see over 90% to over 100% return rate for each contract. The website is calculating based on the probability of each asset so the rate may change often but basically the payout is always bigger than others. For Touch/No Touch or Ins/Outs, you may see return rate up to over 1000% return.
While you are trading with binary.com, you can enjoy making money from all market conditions whether they are ranging or trending.
I have been using binary.com over two years as I can see they are very responsible for their clients and never had any issues related to trading or withdrawal.
Education and Training
There are available training and webinars when you are a member. If you are smart, just join those training and learn to trade from professional traders there. Recently they have added a shopping section where you can download some free ebooks or systems to help your trading or they have some independent software for sales that can trade automatically or give signals for you. Available training:
- Free webinars
- Free daily market reports
- Free ebooks
- Free trading charts
Summary
Basic information:
Online since: 1999
Jurisdiction: The British Isles and Malta
Software: Binary.com
Max Returns: over 100%
Minimum Deposit: 5$ or equivalent in other currencies.
Minimum Investment: $1
Maximum Investment: 50000$ per contract
Currencies: USD, EUR, GBP
Mobile: Yes
Demo account: available
Countries: All nations excl. USA, Japan, Costa Rica or Hong Kong or persons under the age of 18.
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