Binary.com is a trading platform, offering binary options from the most reliable financial markets. Having been on the market since 1999, the broker has gained a good reputation among traders all over the world. Via the Binary.com website, traders and investors can manage volatility indices, currencies, indices, and commodities. Thanks to the most flexible pricing as well as the most comprehensive suite of products available, there are more than enough options for success. In this Binary.com review, you will find out more information about this representative of Tradersunion.
Table of Contents
License and Regulations
Customers can rest easy knowing that Binary.com has a license issued by the authoritative bodies in Ireland, the Isle of Man, the United Kingdom, and Malta. Binary.com is under the maintenance of Binary Group Ltd that has a great experience in the market of trading operations.
Binary.com views integrity as its key value because it is crucial for the broker to go for the right thing all the time. This extends to serving customers with clearance and und support, using easy-to-understand plain language and settling contracts by the book.
The broker also pays attention to teamwork by focusing on positive team players that work together on the way to the common goals. Binary.com also looks for competence, working with people who are smart as well as ambitious when it comes to finances. Also, Binary.com has a customer-friendly approach to whatever they are doing.
Thanks to affordable Binary.com’s pricing policy, customers can benefit from the same return rates as traders within the interbank market. This has to do with real-time prices that are placed against the interbank options markets. Customers do not have to deal with any hidden commissions or fees. They also get returns of more than 100% on average rise/fall contracts, as well as returns above 1,000% on touch/no-touch and higher/lower trades.
Binary.com does its best to provide its customers with the most pleasing experience, regardless of their market strategy. You can trade all the major indices, currencies, commodities, and volatility indices. When processing a trade, you should choose your trade type, market, trade duration, strike, barriers, and payout.
Binary options are always associated with high risks of losing money. Luckily, Binary.com ensures that customers clearly know both the system of bonuses and rewards and potential risks before they agree on the Terms and Conditions. When you choose your payout, the system automatically estimates the required stake you should buy for the agreement. The stake will never get higher, so you will only risk the initial stake. To reduce the risk to the minimum, Binary.com makes it possible to distribute contracts before they expire to minimize losses while making a profit.
Binary.com further offers the ability to determine the limits of trading operations. Also, you can limit yourself in terms of the amount you can trade or lose within a particular period of time. At the same time, self-exclusion requires a minimum of six months.
Binary.com has a customer-oriented platform that minimizes the learning obstacles for new traders. The platform makes it easy to find the most suitable trade for any market condition and process a trade within seconds. Using the platform, you can fill out your portfolio with accurate details. The platform also makes it easy to distribute back trades by means of market prices.
In addition to its proprietary platform, Binary.com also offers a wide range of platforms, split into lists for the ones that are best for newcomers or professional traders. Beginner traders can use SmartTrader, which is a premier binary trading platform with a customer-friendly and simple online platform. There is also a Binary Tick Trade App, which is developed for ultra-fast trading on the go and available for Android devices.
Advanced traders can MetaTrader 5, a well-known industry standard for trading. This is an advanced multi-asset trading option that determines the global standard for trading binary options, CFDs, and forex, and it is available for multiple devices. There is also a Binary Webtrader that is a progressive binary option allowing you to watch the movements of markets and assets simultaneously.
Is Binary.com Worth Your Attention?
Since Binary.com is administered by multiple jurisdictions, it does comply with a high level of norms that provide protection of personal funds and personal data. Moreover, Binary.com segregates client finances, keeping them safe in licensed financial institutions. All credit card information goes directly to the Visa or Mastercard network with the SSL encryption. Binary.com uses personal information to approve customers’ presence on the platform. SO, you shouldn’t worry about joining this representative of Tradersunion.