Binary.com Broker Review : Too Simple to Use

Last Updated: 17.03.19
Overall Rating
4.5/5
Overall Rating
4/5
Features
3/5
Platform
3/5
Desktop Experience
3/5
Education
3/5
Mobile Experience
3/5
Withdrawal
3/5
Customer Support
3/5
Trust
3/5
Features:
3/5
Customer Support:
4.2/5
Trusts:
2/5
Education:
5/5
Desktop Experience:
4/5
Withdrawal:
3.1/5
Mobile Experience:
1/5
Platform:
5/5
Home » Brokers » binary-com-broker-review
1 Min Deposit$5
2 Demo Accountyes
3 Payout100%
4 Min Withdrawal$10

Binary.com Broker Review: Too Simple to Use

Binary.com Broker Review will help you to know about this popular Binary Options and CFD Broker. 

It is a premier platform for trading binary options in the world’s financial markets.

Binary.com is an extra-ordinary broker whose ultimate goal is to make Binary Options simple and easy for the new traders.

You can perform options trading on currencies, indices, commodities, and Volatility Indices. 

There is only a single account which is for all and a trader can invest money as much as he wants through this singular account.

However, trading with MetaTrader 5 will give you an opportunity to choose your desired account type depending on your trading experience. 

In the asset index, you will find more than 100 tradeable instruments. 

Traders can trade 24/7, as well as on weekends. 

In a nutshell, we have found this regulated and licensed broker a patron of easy trading in Binary Options.

In this review, you will get to know about the broker platform, asset types, deposit and withdrawal methods, and other necessary information. 

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Binary.Com Broker does not accept traders from the following countries –

Afghanistan, Bosnia and Herzegovina, Costa Rica, Guyana, Hong Kong, Iran, Iraq, Jersey, Lao PDR, Malaysia, Malta, North Korea, Syria, Uganda, USA, Vanuatu, Yemen.

Binary.com Review - What is Binary.com

High Capital Risk Is Involved In Financial Trading

Since 1999, Binary.com has successfully been operating its operation across the world audience of more than over 1,000,000 registered accounts. 

It is owned and operated by Binary Group Ltd. Group of Companies.

Headquarter is located at Mompalao Building, Suite 2, Tower Road, Msida MSD1825, Malta.

It uses multiple platforms. The trading interface is easy, simple and user-friendly.

For securing a safe transaction and personal data, it uses SSL Security System. So, there is no need to be scared about losing data or security.

The interesting thing is you can create your own platform by using different apps from their store.

Education section is very enriched divided into several levels including Primary, Advanced etc.

This broker believes that learned trader can assure more success as well as profit.

That is why it is serious to make its clients educated in Binary Options.

There is no need for extra download for using this broker.

An internet connection is needed to place a trading order on its platform. 

It has a well-designed mobile application available to use.

Moreover, several effective tools (Trading View, Roll Over, Double Up, Developer tools etc.) are available here which will decrease failure rate and increase success, no doubt

Actually, there are lots of products for traders which are not possible to cover here.

It’s better to check the shop section yourself. 

Why Binary.com Broker

Binary.com provides a wide range of trading assets with Four different asset classes.

By thorough check, we have gathered some unique features which we believe will compel one to work with Binary.com.

These are:

  • Trusted & Regulated broker
  • Maximum payout 100%
  • Minimum deposit $5
  • Minimum trade $1
  • Maximum Trade $50,000
  • Minimum withdrawal $10
  • 100+ Tradeable Instruments
  • Returns above 1000% (on selected trades.
  • No Charge for Withdrawal
  • Received Multiple Awards
  • Volatility Index (Available 24/7)
  • Demo Account of $10,000
  • Enriched Education Center
  • Special tools (Web Trader, Trading View etc.)
  • Easy and Simple withdrawal
  • 24/7 help and support

Binary.com Regulation

Binary.com is a regulated old trading broker holding multiple licenses to comply with regulations around the world.

In 2013, BetOnMarkets.com has rebranded themselves as Binary.com. 

Binary Limited is the holding company, registered office at 47 Esplanade, St Helier, Jersey JE1 0BD, Channel Islands.

We prepared a list below with all Regulatory Information:

Binary Investments (Europe) Ltd is regulated as a Category 3 Investment Services provider by the Malta Financial Services Authority under license number IS/70156. 

European Union residents who wish to trade investment products will have their accounts opened with Binary Investments (Europe) Ltd.

Binary (C.R.) S.A. is registered in Costa Rica. Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, Hong Kong) will have their account opened with Binary (C.R.) S.A.

This broker is not regulated or supervised by any regulatory body in the Costa Rican financial system.

Binary (V) Ltd is licensed and regulated by the Vanuatu Financial Services Commission. 

Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, Hong Kong) will have their FX and CFD Metatrader 5 account opened with Binary (V) Ltd. Binary.com is not available in the Republic of Vanuatu.

Binary (BVI) Ltd is licensed and regulated by the British Virgin Islands Financial Services Commission

Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, Hong Kong) will have their FX and CFD Metatrader 5 account opened with Binary (BVI) Ltd. Binary.com is not available in the British Virgin Islands.

 

Binary (FX) Ltd. is licensed and regulated by the Labuan Financial Services Authority to carry on a money-broking business. 

The licensed number is MB/18/0024.

Clients from the rest of the world (excluding certain jurisdictions such as the USA, Canada, Japan, and the European Union) who wish to trade CFDs will have their MetaTrader 5 account opened with Binary (FX) Ltd. Binary.com is not available in Malaysia.

 

Binary KK is regulated in Japan by the Japanese Financial Services Agency and by The Financial Futures Association of Japan.

 Binary IOM is regulated by the UK Gambling Commission under reference number 39172. 

 Clients from UK, trade through Binary (IOM) Ltd

Binary.com Awards and Achivements

In online Options trading, Binary.com is an award-winning broker.

They received many awards for their excellent client service, exclusive binary trading technology, and for numerous works including :

  • In 2007- ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • In 2008 – ‘Best Customer Communication Firm’ award by Investors Chronicle
  • In 2008 – ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • In 2008 – ‘Best Fixed-Odds Financial Provider’ award by Financial Times and Investors Chronicle UK
  • In 2009 – ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • In 2009 – ‘Financial Betting Operator of the Year’ award by eGaming Review
  • In 2011 – ‘Best Fixed-Odds Broker’ silver award by Trade2Win
  • In 2012 – ‘Best Fixed-Odds Firm 2012’ award by Global Banking and Finance Review
  • In 2015 – “EGR Operator Award” & “MENA FFXPO Award”
  • In 2017 – “Personal Wealth Awards 2017” 
  • In 2018 – “Global Brands Awards 2018” & “Global Banking & Finance Awards 2018”

Binary.com Sign Up and Login Process

Binary.com Sign Up:

Traders need to follow a few easy steps to complete the sign-up process.

To signup, you have to enter your valid email address. You can also open a free account with your Google or Facebook address.

Binary.com team will send you a link via your email address to verify your account.

After clicking the link, it will redirect you to a new page where you have to fill a form with password and country of residence.

You are successfully created your virtual account of $10,000. You can switch to the real account after depositing a minimum amount.

High Capital Risk Is Involved In Financial Trading

Binary.com Login:

You can log in to the trading platform by giving your registered email address and password.

By using your Facebook and Google+ account, you will able to log in to the IQ Option trading platform.

Binary.com Demo Account

Demo Account is essential for all types of traders. It will help traders to apply their trading strategies before investing the real amount. 

Apart from the trading risk, you will find no differences between a real account and a demo account. 

Binary.com offers a demo account worth $10,000 virtual money. You can trade without any risk of losing money. 

You can top up your virtual account with an additional USD 10,000.00 if your balance is USD 1,000.00 or less.

After signing into the broker’s platform, traders will get a virtual account to place trade.

You can switch to the real account by depositing money. 

Traders can also operate demo account without any time limit. 

High Capital Risk Is Involved In Financial Trading

Binary.com Account Types

Except MetaTrader 5, there are no specialized account types in Binary.com.

Anyone who wants to trade with Binary.com, just go to the “Open Account” option and fill  your information.

You have to contact the broker to know either you are eligible to get a bonus or not. 

In MetaTrader 5, traders will get 3 types of account depending on the traders need. 

This broker is not offing any free trade or deposit bonus.

Each account has been designed to provide you with a unique opportunity to find financial instruments.

STANDARD

NO MINIMUM DEPOSIT
  • Max Leverage 1:1000
  • Spread Variable from 1.2 pips
  • Zero Commission
  • Margin Call 150%
  • Stop Out Level 75%
  • Number of Assets 60+
  • Max ticket size 10 lots
  • Cryptocurrency Trading YES

ADVANCED

NO MINIMUM DEPOSIT
  • Max Leverage 1:100
  • Spread Variable from 0.9 pips
  • Zero Commission
  • Margin Call 150%
  • Stop Out Level 75%
  • Number of Assets 70+
  • Max ticket size 20 lots
  • Cryptocurrency Trading YES

VOLATILITY INDICES

NO MINIMUM DEPOSIT
  • Max Leverage 1:1000
  • Spread Fixed
  • Zero Commission
  • Margin Call 100%
  • Stop Out Level 50%
  • Number of Assets 8
  • Max ticket size 10 lots
  • Cryptocurrency Trading YES

Binary.com offers an auto trading service to its traders.

If you think, you need auto trading robot of Binary.Com then read

Binary.Com Auto Trading Robot Review

Binary.com Shop

Traders will find many apps, signal services, strategies, charts, academic courses, platforms etc in their shop.

Some of the products in their shop are –

  • Binary.com Bot
  • Binary.com Next-Gen App
  • Binary.com Tick Trade App
  • Binary.com Tradingview Charts
  • Bollinger Band Strategy Sample
  • D’Alembert Strategy
  • Oscar’s Grind Strategy
  • Binary Executor Lucky Luke
  • Binary Trade Replicator
  • Blue Sky Binary Academy
  • Bot Binary Tool Kit
  • Direct Signals for Binary.com
  • Ecurrency Team
  • Fox Signals Autotrading
  • Forex Online Changer
  • PipChanger.com
  • Smart Binary Bot (SBBot)
  • Binary.com Bitcoin wallet and many more.

Buying products from Binary.com shop is only possible with your valid Paypal account.

However, in the future, they are planning to add more payment options.

In most cases, applications and ebooks take two working days to arrive after a successful payment from clients.

Shipping and delivery times vary depending on the product’s size, quantity, and location.

binary.com shop

High Capital Risk Is Involved In Financial Trading

Binary.com Trading Assets

Binary.com is working on a particular asset type; namely Binary Options. Along with this, the broker is also offering CFD trading. 

There are 100+ assets available at Binary.com. These assets are divided into 4 categories –

In Forex, Major, Minor, and Smart FX indices are available. 

Under these forex pairs category, you will find AUD/JPY, AUD/USD, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/USD, GBP/AUD, GBP/JPY, GBP/USD, USD/CAD, AUD/PLN, AUD/NZD, GBP/NOK, and Many More. 

There are four types of Smart FX indices that you can trade:

  • AUD Index 
  • EUR Index
  • GBP Index 
  • USD Index

You can enjoy trading indices with the benefit of real-time charts and pricing.

Australian Index, Bombay Index, Hong Kong Index, Singapore Index, Belgian Index, Dutch Index, German Index, South African Index, Swiss Index, US Index, Dubai Index, Australian OTC Index and Many More

Binary.com offers four types of precious metals as well as energy.

Gold/USD, Palladium/USD, Platinum/USD, Silver/USD and Oil/USD

In Binary.com , Volatility Indices are synthetic indices.

Volatility 10 Index, Volatility 100 Index, Volatility 25 Index, Volatility 50 Index, Volatility 75 Index, Bear Market Index, and Bull Market Index

Binary.com Options Types

Options that offer a fixed payout are based on a simple yes/no proposition.

You can trade on the underlying market like Forex, Indices, Commodities, and more. 

You can earn payouts up to USD 50,000. Trading binary options is relatively easy than other trading assets. 

A few types of options are available at Binary.com which will help you to execute your market view or strategy. 

These are –

  • Up/Down
  • Touch / No Touch
  • Ends In / Out
  • Asians
  • Digits
  • Reset Call/Reset Put
  • High Ticks/Low Ticks
  • Only Ups/Only Downs

In the Binary.com platform, you can trade Asians, Digits, Reset Call/Reset Put, High Ticks/Low Ticks, and Only Ups/Only Downs only for Volatility Indices.

Binary.com Lookbacks

Binary.com offers a contract named lookbacks. The payout depends on the optimum high or low achieved by the market.

The option allows the trader or holder to “look back” over time to determine the payout.

The broker offers three types of lookback. These are: 

  • High-Close
  • Close-Low
  • High-Low

The Lookbacks options are only available for Volatility Indices.

Binary.com Trading Platform

Binary.com offers different trading platforms along with their proprietary one. 

The trading platform is categorized into Basic Platform and Advanced Platform. 

They support MetaTrader 5, Webtrader, SmartTrader, and Ladders. You can find a trading platform that suits your experience and preferred strategy. 

We will describe the platforms one by one including all their trading tools and indicators. 

SmartTrader Trading Platform:

SmartTrader is a premier binary trading platform. It is simple and user-friendly online trading platform.

In the SmartTrader platform, you can trade binary options on Forex, Indices, Commodities, and Volatility Indices. 

You can trade 5 types of options by using this trading platform. The time interval starts from 1 minute to 1 day. 

In the trading platform, traders will get 7 types of charts, a wide range of indicators. 

You can select popular trading indicators from the given list of their platform. 

You can add comparisons between two trading instruments. You will find a vertical line and horizontal line as drawing tools. 

You have to follow a few steps to perform your trade. 

Step – 1 : Select your market and underlying asset. 

Step – 2 : Select your trade type. 

Step – 3 : Adjust trade parameters.

Step – 4 : Predict the direction and purchase. 

Traders will find an explanation of each options type in the trading platform.

The prediction will show you an approximate net profit and return rate.

An asset index will help you to know an asset’s minimum and maximum contract durations based on trade type.

WebTrader Trading Platform:

WebTrader platform is an advanced binary options trading interface. 

The trading platform is fully-customisable according to your personal preferences.

Traders can monitor the movements of their favourite assets and markets at the same time. 

At the same time, you can also monitor essential charts, the asset index, trading times, and historical data.

The trading platform offers different unique trading features like

  • Full-screen trading interface
  • Various customisable features
  • Robust and secure platform
  • Accessible from any web browser in 13 languages

In the trading platform, you can see all trading assets from the “Trade” option. 

From the “Resources” option, traders can choose, asset index, trading times, historical data, and chart themes. 

By entering a trader’s API token, you can copy another trader’s trade. 

MetaTrader 5 Trading Platform:

If you are looking for an advanced multi-asset trading platform, then MetaTrader 5 is for you. 

You can trade  Forex, CFDs, and binary options via this trading platform. It is a powerful platform recognized as the global standard.

In the MT5 trading platform, you will get a demo account. Trading with a demo account will help you to practice trading strategies with the help of virtual money. 

You can choose one account type according to your trading experience and preferences. 

Traders can predict the price movements by using comprehensive technical analysis tools. 

You can monitor your trade easily and can access your trading history through our Expert Advisors (EA).

Binary.com offers five types of binary options on their MT5 platform. You can download this software to your desktop device and mobile device. 

You can directly access the trading platform from the web. 

Ladders Trading Platform:

Ladders platform is a Multi-barrier trading platform. You can trade FX binary options on this multi-barrier platform. 

You can trade 9 types of FX Options via this platform. These are: 

  • AUD/JPY
  • AUD/USD
  • EUR/GBP
  • EUR/JPY
  • EUR/USD
  • GBP/JPY
  • GBP/USD
  • USD/CAD
  • USD/JPY

In the trading platform, you will find five types of trading charts. A wide range of trading indicators will help you to analyze the market and trading asset’s price. 

From the profit table, you can see your trading activity. A trading statement will help you to see all the historical transactions

High Capital Risk Is Involved In Financial Trading

Binary.com Academy and Webinar

Binary.com academy offers free trading knowledge for its traders. 

You can get all the latest news and trends in financial trading which is totally free. 

The academy offers

  • Interactive webinars
  • Daily market reports
  • Ebooks, videos, and more

From the video tutorial, you will get to learn about trading and trading software. You will also get Expert analysis and learning resources.

The glossary part will help you to know about technical terms on binary options before placing a single trade. 

From Binary TV, you will stay informed about the latest trading news and trends. 

It will keep you up-to-date from stocks and commodities to global currencies, indices, and more.

Through webinars, professional traders provide free training sessions for both beginners and advanced traders. 

You have to “Register” a webinar with your name, email, and country. 

Binary.com Deposit & Withdrawal

Every kind of transaction is safe, secure, fast and problem free at Binary.com.

The minimum deposit is only $5 and withdrawal is $10.

This broker supports hundreds of deposit and withdrawal options, including Bitcoin.

In order to secure customer data and transaction, this broker uses the most modern SSL security system. This system encrypts all data and protects from any damage.

There is no fees on deposit and withdrawal. 

Binary transaction info
Deposit methods Bank Wire; Western Union; Visa/MasterCardClikandbuy; OK PAY; CashU Fasapay; PerfectMoeny; Skrill Neteller; Monetaau; Webmoney Ukash; Instadebit; QIWI; Paysafecard
Withdrawal methods Bank Wire; Western Union; Visa/MasterCard Clikandbuy; OK PAY; CashU Fasapay; PerfectMoeny; Skrill Neteller; Monetaau; Webmoney Ukash; Instadebit; QIWI; Paysafecard
Fees NO fees for both deposite & withdrawal
Currencies USD; GBP; EUR; AUD

If there are any bank fees during the money transaction, then Binary.com is not responsible for them.

Note: All your deposits and withdrawals are processed by Binary.com within 24 hours. However, there may be additional processing time required by your bank or money transfer service.

Binary.com Help and Support Service

Binary.com help and support team is very willing, amiable and instant.

Customer service is available in different languages and are available 24/7.

One can ask help via e-mail ([email protected]) or by calling them directly. Live Chat is not available.

We have checked all the services and found everything active and okay.

Another privilege is that one can seek expert’s suggestion through these channels and they will get it immediately.

That is why we are got interested in this broker.

Binary.com Advantages

Trading financial market in Binary.com platform is easy and user-friendly. The platform is ideal for both new and experienced trader. 

This broker received many awards for its excellent platform. 

You can open an account instantly and can start trading in minutes. 

The trading assets are available 24/7. This means you can perform trade whenever you want. The volatility indices are available even on the weekends. 

Binary.com will give you a safe and secure trading environment where you know that your personal data, transactions, and funds are always secure. 

You can choose the trading timeframes from 10 seconds to 365 days. 

The trading risk and rewards are transparent. Before purchasing the contract, you will know how much you will win or lose. 

As we mentioned earlier, the trading platform is ideal for new traders. You can deposit as low as $5. 

You can place trade according to your preferred strategy.

Binary.com Drawback

Binary.com though offer demo account which, in many cases, is important and essential (especially for new traders). But it does not accept US traders.

Unavailability of live chat is another major disadvantage of this binary and CFD broker. 

Moreover, in their shop, traders need to buy some tools and apps by money but we think they are also worthy.

Moreover maximum auto trading services are free but for the auto trading app of Binary.com, some are free and for some, you have to pay money such as Binary Robot Pikko, Fox Signals Auto trading etc.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Binary.Com Broker does not accept traders from the following countries –

Afghanistan, Bosnia and Herzegovina, Costa Rica, Guyana, Hong Kong, Iran, Iraq, Jersey, Lao PDR, Malaysia, Malta, North Korea, Syria, Uganda, USA, Vanuatu, Yemen.

Final Words

As we have stated in the beginning of Binary.com Broker Review that this broker is the patron of easy Binary Options, hopefully it has already been cleared to you through this review.

We recommend our dear readers to give this broker a try, at least consider.

Above all, Binary.com is not a scam rather a trusted broker, a forerunner of easy and simple method of Binary Options.

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