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|Headquarters||Binary (IOM) Ltd, First Floor, Millennium House, Victoria Road, Douglas, IM2 4RW, Isle of Man|
|Support Number||+44 (0) 1666 800042|
|Support Types||Phone, Live Chat, E-mail|
|Languages||English, Spanish, French, German, Russian, Arabic, Indonesian, Portuguese, Chinese, Polish, Taiwanese, Vietnamese|
|Minimum Trade Amount||$1|
|Maximum Trade Amount||$100,000|
|Free Demo Account|
|Regulation||Regulated by MFSA and MiFID|
|Deposit Methods||Visa, Mastercard, Bank Wire, Skrill, WebMoney, Paysafe Card, Neteller, China Union Pay, OK pay, Perfect Money, Yandex Money, Moneta.ru, Qiwi, Western Union|
|Withdrawal Methods||Visa, Mastercard, Bank Wire, Skrill, WebMoney, Paysafe Card, Neteller, China Union Pay, OK pay, Perfect Money, Yandex Money, Moneta.ru, Qiwi, Western Union|
|Expiry Times||From 10 seconds to 365 days.|
|Types of Assets||Currencies, Indices, Commodities, Stocks, Forex|
|US Traders Allowed|
Established in 1999 and having offices in Malaysia, Japan, and Malta, Binary.com is probably one of the oldest binary options brokerages. It is enjoying a high reputation due to its quality and superb ethical standards. It is a winner of many awards in the binary industry and has a whopping 1 million registered users and over 2 billion U.S. dollars used in trades up to date.
Binary.com offers its avid traders returns of around 100% with the rise/fall contracts, and payouts of 1,000% with the touch/no touch and higher/lower trades.
It is supervised by MiFID and its website comes in English, German, Chinese, Taiwanese, French, Vietnamese, Spanish, Indonesian, Italian, Polish, Portuguese, Russian, and Thai.
A regular account at Binary can be launched after an initial deposit of $100. A demo account is also available to all traders. All accounts can be opened in different currencies, as well as bitcoins. However, there is no mention of the opportunity to open Islamic accounts. Payouts vary from $1 to $50,000 and can be as high as 95%. There are absolutely no hidden commissions or fees, neither there are ‘stops’, nor ‘margin calls’, nor any surprises.
Deposit and Withdrawal Options
Binary.com guarantees that your money is sound, safe, and secure by utilizing segregated accounts in AAA-rated international banks. The enterprise’s abundant experience since 2000 and the full license of the company on the British Isles and Malta are other trustful sources of security for the signed-up traders.
In that regard, Binary.com permits users to place deposits and request withdrawals via countless payment methods, including VISA, Bank Wire, Skrill, OK pay, WebMoney, Paysafe Card, China Union Pay, Western Union, Neteller, Yandex Money, Qiwi, Moneta.ru, Perfect Money, and MasterCard.
With most credit cards and alternative payments, deposits are instantaneous, but international bank transfers might require up to 5 business days to appear. All withdrawals at Binary.com necessitate between 1 and 5 working days to appear in the traders’ accounts.
Thanks to a very user-friendly trading platform, users of Binary.com can engage into trading in Forex, stocks, indices, currencies and commodities. The “Short Term” option’s expiry times are probably the shortest in the industry – 10 seconds only – while the “Long Term” options can go to a complete year. There are also the “In/Out”, “Higher/Lower”, “Rise/Fall”, and “Touch/No Touch” options. An amazing feature of Binary are the free Java Charts, as well as the super convenient option to close a trade in advance of its expiry time in order to secure profits.
Binary.com has a fascinating Education Center dedicated to the prolonged success of its users. It offers a comprehensive platform tour to educate all traders on how to use its platform in the very best way. The broker encourages all its traders to apply for the different webinars it organizes several times a month. In the very well elaborated FAQ section of the veteran binary broker, users may browse through several categories to find what they are looking for. In addition, there are tutorial videos and an extensive blog which is updated with new articles every week.
Binary.com’s customer support, which is provided with extremely high levels of attentiveness and professionalism, as well as in a timely manner, is reachable 24/7 through an e-mail, a live chat and two fixed telephone lines. The company can be found on different social media channels.
During the time of this review, Binary.com was offering a $25 welcome bonus for a deposit of $100. The accounts at Binary.com are encouraged to take part in the free webinars the broker hosts on a weekly and monthly basis. Users are also entitled to free trading charts, and daily report of the market trends.Open an Account