Launched in 1999, Binery.com is an award-winning brokerage firm with offices in Malaysia, Malta, Paraguay, and the UAE. The broker provides traders with a range of intuitive trading platforms to ensure seamless trading of multiple financial assets, including binary options, forex, cryptocurrency, CFDs, metals, and more. The broker is built on the core values of integrity, teamwork, competence, and customer focus and boasts of over 300 competent staff. The minimum deposit required to start trading is $5.
Binary.com Review Introduction
In this Binary.com review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including Binary.com.
Binary.com Platforms & Tools
Binary.com offers the following trading platforms: SmartTrader, Tick Trade Android App, and a proprietary trading platform. Their platforms are divided into beginner trading platforms and advanced trading platforms.
The Binary.com platform is a proprietary trading platform that was developed by the broker’s team of technical experts; it is built with various useful trading tools. The SmartTrader is a premier binary options trading platform that allows you to easily trade in the world’s financial markets. At the same time, the Tick Trade Android App is a mobile trading platform that lets you trade with your mobile devices.
In addition, there are some advanced trading platforms for seasoned traders. These tools include the Binary WebTrader, Binary Bot, and the MT5 trading platform, which is available in desktop, web, and mobile versions.
Traders are provided with some useful trading tools, such as the asset index, FIX API, charts powered by TradingView, and more.
Binary.com Research & Education
The following learning resources are available on the broker’s website: learning articles, platform tours, trading guides, FAQs, glossaries, and more. They are designed to improve clients’ overall trading skills and knowledge.
Binary.com Trading Accounts
The broker provides traders with a Standard live trading account with a minimum deposit requirement of $5. In addition, a demo account is available for practice purposes.
Binary.com Account Funding
The broker allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: credit/debit cards, e-wallets, and cryptocurrencies.
Binary.com Customer Service
The broker’s clients can forward all their general, trading, and account-related inquiries to a knowledgeable client support team. The support team is available 24/7 and can be reached through the following contact channels: email, social media, and Live Chat.
In the EU, the broker offers their financial products via Deriv Investments (Europe) Limited, which is regulated as a Category 3 Investment Services provider by the Malta Financial Services Authority (license no. IS/70156).
Outside the EU, the broker offers their financial products via Deriv (SVG) LLC, Deriv (V) Ltd, which is regulated by the Vanuatu Financial Services Commission; Deriv (BVI) Ltd in the British Virgin Islands, which is regulated by the British Virgin Islands Financial Services Commission (license no. SIBA/L/18/1114); and Deriv (FX) Limited that is regulated by the Labuan Financial Services Authority to carry on a money-broking business (license no. MB/18/0024).
Binary.com Review Summary
Putting it all together, Binary.com is an online retail trading broker that offers access to trade various financial instruments. They provide traders with multiple trading platforms that are available in desktop, web, and mobile versions. There are various learning resources, useful trading tools, and a knowledgeable client support team to assist traders. The minimum deposit required to start trading is $5. The broker is regulated in multiple jurisdictions to help give clients peace of mind.
It is worth mentioning that some of the trading products and services in this Binary.com review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Binary.com broker website, which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.