Binary.com Broker Review and Trader Feedback 2019

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An unwavering commitment to high ethical standards and quality trading experience has earned Binary.com the exceptional reputation as the premier platform for trading online.

General information about Binary.com

Binary.com is licensed and regulated and has served over 1,000,000 customers globally. They hold multiple licenses to comply with regulations around the world. Since 1999, they’ve served clients with a constant and unwavering commitment to integrity and reliability. For more information, refer to their website here.

Trading conditions

With Binary.com you can trade Forex and CFDs using the MT5 trading platform.

Binary.com also offers binary options trading to professional clients in Europe and to retail clients outside of Europe.

Advantages and Disadvantages

Trading on MT5:

Pros

  • Variable spreads
  • Market execution
  • No minimum deposit required
  • Free MT5 demo account
  • No commission (excluding cryptocurrencies)
  • Negative balance protection
  • Leverage up to 1:30 on a European standard account
  • Leverage up to 1:1000 on synthetic indices
  • 24/7 trading on cryptocurrencies & synthetic indices
  • Number of assets available 50+

Binary options trading:

Pros

  • Minimum Deposit: $5
  • Minimum trade: $1
  • Maximum payout: $50,000
  • 100+ assets available to trade
  • Free demo account
  • Easy and simple to use platform
  • Wide range of deposit/withdrawal options

Cons

  • Binary.com does not offer Synthetic Indices in the following countries: Germany, France, Spain, Singapore, Australia, Italy, Greece, and Luxembourg.
  • Binary options trading is available only to professional clients in Europe.

Assets

With Binary.com you can trade Forex and CFDs on cryptocurrencies and commodities using the MT5 trading platform – a multi-asset platform that offers outstanding trading possibilities and technical analysis tools. To find out more about the assets on offer on the Binary.com MT5 platform click here. Best of all, there is no minimum deposit requirement.

Binary.com also offers binary options trading on a multitude of assets including Forex, indices, commodities, and their proprietary Synthetic Indices that simulate the volatility of real-world markets, available 24/7 – even on weekends. All major forex pairs are available, giving you a wealth of choices based on your preferred trading strategy.

Trading platform

Find out how you can open an MT5 demo/real account. Download the MT5 trading platform now.

Binary options trading with Binary.com is extremely simple and you do not need to download any software as it is completely web-based. Instant pricing updates are also provided whenever you adjust your trade parameters. This lets you determine just how much you could win or lose before the trade is actually placed. Their intuitive interface clearly demonstrates that they’ve taken the time to think about the user’s experience.

For more information, visit their website and take a tour of the platform.

Mobile Trading

For a full list of mobile apps and other tools that you can download, refer to their website.

Demo account

An MT5 demo account can easily be opened by visiting the Binary.com website.

As soon as you sign up with Binary.com, you’re provided with a binary options virtual account. This account is automatically credited with $10,000 (virtual money) that you can use to practice your trading strategies risk-free.

Account types

MT5 account types vary depending on whether you’re located in Europe or outside of Europe. To view the types of accounts available in your jurisdiction, please visit their website.

Opening an account

A virtual/demo account is opened for all users immediately after signing up for an account. You can then choose to upgrade to a real money account, whether it is a binary options trading account or an MT5 real account, immediately after.

The user will need to sign up using an email address and a password. Once you upgrade to a real money account, you will need to choose your preferred currency. If you’re located in Europe, you can choose to use either USD, EUR, or GBP. When you transfer funds from your binary options account to your MT5 account, your funds will automatically be converted to USD.

Those located outside of Europe, have the option to deposit using cryptocurrencies on their binary options trading account. Accepted cryptocurrencies are Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Minimum deposit is 0.002 BTC, 0.01 for BCH, ETH, and 0.1 for LTC.

Funds withdrawal

Binary.com offers a wide range of deposit and withdrawal methods, ranging from credit and debit cards to bank wires, e-cash, e-wallets, and payment agents.

Trader training

Binary.com hosts a wealth of learning materials that are designed to help new traders get familiarised with online trading. These are in the form of educational videos, webinars, and step-by-step guides.

Should I trade with Binary.com?

The Binary.com MT5 trading platform is highly recommended for trading Forex and CFDs on cryptocurrencies and commodities. No minimum deposit is required. MT5 demo accounts are available for free with $10,000 trading credit for you to practice. Binary.com’s MT5 trading platform is secure and reliable, and backed with years of research and innovation.

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