Binary.com

  • Over 1 million registered accounts;
  • Trade from 115 asset choices;
Broker Info
Company Name: Binary.com
Website: Binary.com
Country: Hong Kong
Year established: 1999
Broker Services: Binary Options
Assets offered: 115
Min deposit: $5
Payout: up to 91%
Funding methods:
Major credit and debit cards, banking wire transfers and E-cash are accepted for deposit and withdrawal purposes.
Platform Info
Trading platform: Their own platform. Metatrader5 and Webtrader
Mobile trading: Yes
Web based: Yes

Binary.com Review

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History and Background

There are several brokers in the binary options industry that can be considered leaders and pioneers, but there is only one broker that can claim these accolades along with having started in 1999 – Binary.com. The founder of this unique brokerage had a vision: “To create a market in the simplest of all derivatives contracts - the fixed-odds bet - and to offer ordinary investors the chance to make small bets.” According to the firm’s timeline, which you may review on its website, BetOnMarkets.com was born in 2000 and became the precursor of the binary options model of today. To solidify its position in the market, the firm re-branded its marketing approach and became Binary.com in 2013. It now boasts over one million in registered accounts and over $2 billion in volume turnover. Industry awards attest to the firm’s commitment to its loyal fans.

Binary.com is also unique in that it has grown from far-flung presences across the globe. Originally funded out of Hong Kong, the company now has offices in Malta, Malaysia and Japan, and is licensed and regulated in Malta, the United Kingdom, the Isle of Man, Ireland, and Japan, with full compliance with MiFID regulations for the remaining EU member countries. The website can also be read in English, Indonesian, Japanese, Chinese, Polish, German, French, Spanish, Portuguese, Italian, Russian, and Thai. As opposed to other brokers that purport to be investment managers, this firm openly accepts that its value proposition relates to online gambling, and, to ensure responsible trading in its products, it provides ample support and counseling services for those in need. There is only one account to bother with, and the fun can start soon after registration. The basic set of option types are available with a few unique ones that can send yields from 91% up to as high as 1000%.

Flexibility and innovation are the hallmarks of this firm. There are no less than six trading platforms, each one designed for a specific trading strategy. A comparative table helps you make the right choice. Asset choices number 115, including forex pairs, indices, stocks, and commodities, and a free demo system allows you to get familiar before you put any real money on the line. Training and support materials also abound, and service assistants stand at the ready to answer your questions. Peace of mind comes easily from the firm’s broad-based regulatory compliance regimen, which ensures that deposits are always safely tucked away in separate accounts with AAA-rated banks. Service excellence is the name of the game with Binary.com, and, as the management team states, you will find “the most flexible pricing and the most comprehensive suite of products available”. Experience, coupled with success and innovation, does have its benefits. Unfortunately, U.S. clients are not accepted at this time.

Features

The distinguishing features listed by Binary.com on its website are as follows:

  • Founded in 1999 as Regent Markets, originally offering the ability for ordinary investors to place small bets via derivatives contracts, known in that day as a “fixed-odds bet“;
  • BetonMarkets.com went live in April of 2000 and paved the way to what would eventually become retail binary options trading;
  • Licensed and regulated in Malta, the United Kingdom, the Isle of Man, Ireland, and Japan;
  • In full compliance with MiFID regulations for EU member countries;
  • Multiple industry awards denoting service and product excellence;
  • Over 1 million registered accounts across the globe, with three offices located in Malta, Malaysia and Japan;
  • Trade from 115 asset choices: currency pairs (30), indices (38), stocks (42), and commodities (5);
  • Classic Put/Call, One-Touch/No-Touch, and Boundary options for turbo, short, or long-term expirations;
  • Innovative “Asians” and “Digits” options, which compare to averages or ending ticks;
  • Payoffs can be as high as 91% on traditional options, but some unique varieties can yield as high as 1000%;
  • Trading platforms vary from basic to advanced, including proprietary, as well as Metatrader5 and Webtrader – no downloads required;
  • Mobile applications are also supported;
  • Binary.com academy includes free webinars, free daily market reports, free E-books, and free trading charts;
  • Bilingual customer service reps available “24X7”, and the website can be viewed in 12 languages.

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Accounts

  • One account provides access to full offering;
  • Free demo account with virtual cash;
  • Client deposits safely segregated in AAA-rated bank accounts;
  • U.S. clients are not accepted at this time.

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Transactions

  • You may choose from over 17 ways to make a deposit with Binary.com;
  • Major credit and debit cards and banking wire transfers are accepted;
  • Alternative payment processors, like Skrill and WebMoney, are also available, along with several other popular deposit options;
  • KYC/AML documentation on file, current, and in order before a withdrawal request can be processed.

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Platform

As an industry pioneer, it makes sense that Binary.com would have developed its own series of proprietary trading platforms. There are several varieties, from basic to serious, that allow for a large degree of flexibility, no matter your expertise level. A comparison table on the website details the various attributes of the six options available and helps you pick the right one for your own personal trading strategy. Mobile apps are also supported. Network stability is superb, as evidenced by the published “up time” of each system, readily viewable online. Binary.com goes out of its way to be fully transparent and worthy of your trust.

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Information

Binary.com also excels in the area of education and support. Customer service reps can assist you from the outset, but the firm’s library of learning and support materials are comprehensive enough that you can find your way quite easily, whether beginner or veteran. The offering includes webinars, daily market reports, E-books, trading charts, and more.

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Support

Customer service representatives speak several languages and are available “24X7” via email, call-back service, phone, and live chat. With offices in Malta, Malaysia and Japan, the sun literally never sets on this firm during any given trading day. Another indication of the extent of this firm’s global reach is that its website can be read in a dozen languages.

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Safety

In compliance with regulatory requirements, customer deposits are segregated from operating capital and maintained in separate accounts with AAA-rated banks. The latest encryption technology is also used to ensure that your trading activity and personal information data are safe from the prying eyes of any external hacking threats.

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Conclusion

If you are looking for the best that the binary options industry can offer, you will be satisfied with the management team at Binary.com. Experience does bring benefits in the form of better technology, quality of service, and innovation, all very apparent with this enterprise and evidenced by highly favorable testimonials and industry awards for excellence. Pricing is competitive at the high end, and you will find unique options and features that no other broker can match. All in all, Binary.com is definitely a leader in this field, one reason that it has a one million and growing loyal fan base. If you want a higher satisfaction level than you are now experiencing, then you might want to give this broker, the place for “Sharp Prices – Smart Trading”, a shot at your patronage.

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