Binary.com Review

Binary.com Scam Check

Company info: Binary.com

Business: Binary (Europe) Ltd & Binary Investments (Europe) Ltd, Mompalao Building, Suite 2, Tower Road, Msida MSD1825

Established: 1999

Sponsorship: N/a

Regulated: n/a

Contact Details: +44 (0) 1666 800042

Email address: support@binary.com

Scam Rating: 98% confident not a scam

Binary.com have been involved in the Binary Options sector since 1999. They are known as the Pioneers of Binary Option. Previously called BetOnMarkets.com, they have since rebranded to Binary.com in 2013.

Since 1999, they have accumulated a turnover of more than $2 billion in Binary trades. As well as this, they also boast having over 1 Million traders using their platform which has led to them handling over 1 Million transactions per day. Regardless of the competition, Binary.com continue to be one of the leading brokers. Due to them offering such a Low minimum trade of only $1, traders can start of their journey with very low risk involved whereas experienced traders will be able to take advantage of their systems flexibility to allow for more complex risk/ reward plans to be created.

Key Features

  • Demo Account: Yes ($10,000 trading balance)
  • Minimum Deposit: £5
  • Minimum Trade: £1
  • Auto Trade Robot: Yes
  • Binary.com App: Yes, for Android

Trading Platform

Unlike other platforms, Binary.com’s system only offers what the trader needs. It does not have any of the unnecessary distractions like other platforms do. This platform is much preferred by experienced traders as it only displays relevant information and has a whole bunch of advanced features such as:

  • Meta Trader 5: This is Advanced CFD trading
  • Binary Web Trader: Offers the ability to watch and monitor multiple underlying assets and trade them simultaneously.
  • Binary Next-Gen: This is the mobile version of the platform. It delivers a seamless mobile trading experience.
  • Binary Bot: This gives the trader the chance to create and operate their own Auto Trading bots.

Binary.com

PROS:

  • Demo account with $10,000 trading balance available
  • Minimum Deposit is £5
  • Minimum Trade is £1
  • Mobile app for Android only.
  • 91% Payout

CONS:

  • No Signals Service