Binary.com Review

binary.comBinary.com emerges from a long-standing tradition of online trading and gaming websites. Their years of expertise is easily portrayed on their Binary.com binary trading platform. This unique platform offers some of the most innovative products we have seen thus far. In this Binary.com review, we will examine the various features that make Binary.com stand out from the rest. Their product pallet is by far their most outstand feature. We will show why thousands of people are choosing Binary.com as their first choice for binary trading.

Basic information:

Online since: 1999
Jurisdiction: Europe, UK, Internationally
Software: Proprietary
Max Returns: 91%
Bonus: 100%
Minimum Deposit: $5
Minimum Investment: $1
Maximum Investment: $50,000
Currencies: USD, EUR, GBP, AUD
Mobile: Yes
Countries: All nations excl. USA, Japan or Hong Kong

Pros:

– Low minimum deposit ($10)
– Call Back feature for customer support
– Proprietary trading interface
– Wide selection of withdrawal methods
– Demo account for new users

Cons:

– Net wallet processing can take 3-5 days

7 Binary Options Rating:

4,5 stars

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Binary.com Special Features

As previously stated in our Binary.com review intro, the best feature of this outstanding broker is its versatile and unique proprietary binary options trading platform. Their range of products differs slightly from the typical set of trading options you are used to seeing on other binary trading platforms. However, we strongly feel the products should be mentioned in the next section, so we invite you to read our Binary.com review in its entirety to see the full range of products that Binary.com offers its clients.

Another great feature of Binary.com is the charting section which offers a variety of outstanding views graphs of the preferred quotes. They offer a candlesticks graph, a real time graph and interactive Java(R) run charting software that allows traders to run a variety of tools over the possible price quotes as well as determine the available range of pricing moves. We discovered this amazingly unique feature during our Binary.com review. Other platforms that offer good graphing tools do not manage to bring the analysis tools to this level of perfection.

Binary.com offers an exceptional educational section on their website. As we were conducting our Binary.com review, we participated in one of the many webinars offered by Binary.com. We feel this is a great tool for expanding one’s trading skills as well as general knowledge about binary options trading. On Binary.com, traders can view the times for the webinars so they can join in.

Binary.com Trading software

As we previously stated, Binary.com’s trading interface is proprietary and offers a wide array of various products as well as underlying assets. Traders can utilize the additional charting features offered on the platform to evaluate the different pricing options for each trade option prior to making a move. This ensures that the users will benefit from the technical features of the site as while participating in a wide assortment of trading opportunities.

Binary.com offers five basic types of binary trading options. Traders can choose from Rise/Fall, in which the trade focuses on the direction of the security as related to the starting price; Touch/No Touch Options which are the standard binary trading options; Boundary Options and Higher/Lower binary options in which the traders strive to determine of the price will increase or decrease as compared to the target price. They also offer the Ends In/Out and Stays Ins/Out options as well as advanced Range options including Tick Traders, which are super-fast term trades which we utilized the most during our Binary.com review.

Binary.com also has recently introduced the flexible Asian & Digits running on the Random idea. In this instance one counts bets on the last digit of the expiry time rather than the pips. This is very intriguing as it shows the gaming industry influences of Binary.com. They also offer the Sell Options function which enables users to reduce risks by exiting the position before the expiry. In our Binary.com review, we did not test this feature. However, as it is quickly becoming a standard feature offered on the most popular binary options platforms, we are extremely confident that it is a useful tool.

As our readers can attest from our Binary.com review, the possibilities on this platform are endless. All these options offer two possible choices with the platform offering both positions on the side transparently. The user can compare performances and make an educated decision before making a trade. The platform itself is very user-friendly and easy to navigate. However, the advanced charting tools make it a viable platform for experienced traders. At the same time, these tools won’t inhibit those who may be new to the market. For newcomers, Binary.com offers a demo/virtual account, which we feel is a great feature, although for we did not utilize it during our Binary.com review as we wanted to also concentrate on the baking features offered on the site.

Binary.com offers a vast array of trading assets. These include 28 indices, 27 currency pairs and over 50 random indices which include one additional non-traditional asset classes offered exclusively at this time by this platform. They offer three commodities, but traders can find more in the Sectors section as indexes. They also offer a variety of smart forex pairs. Obviously, we were only able to trade with a few of these options in our Binary.com review, but needless to say, the possibilities are endless!

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binary.com

Binary.com Support information

Binary.com not only offers professional technical and operational support, but they also find ways for their customer to gain assistance with gaming issues. For any issues, Binary.com’s customer support can be reached via email, call-back service, phone and live chat. They offer phone numbers with different working hours for their European and Asian clients. We had no problems reaching their support system whenever we reached out for assistance. There are also direct phone lines and a line dedicated to those who need assistance regarding issues pertaining to trading platforms. Users are often drawn to the binary trading market as well as other means of online trading without considering the risk. Binary.com also cooperates with GameCare, which is an organization that offers assistance for those recovering from a gambling addiction.

Their customer support team is very knowledgeable and well trained as they were able to answer all inquiries and solve all issues quickly and professionally. During our Binary.com review, we were happy to get such a quick response from customer support as this is crucial to those utilizing every aspect of binary trading. We were pleased with the call back service and feel this is an option that other binary options brokers and binary option robot should utilize as well. We were happy to test that unique feature as part of this Binary.com review.

Binary.com Banking and company information

Binary.com offers a variety of withdrawal methods and the minimum amount is usually the same as the minimum deposit amount, which can be as low as $10 (or even $5 for some of the methods of deposit) The withdrawal fee depends on the method you select. Since the offer an extensive list withdrawal processes, we recommend speaking directly to one of their account representatives to find out which one is best for you. These include, but are not limited to: WebMoney, Skrill, Liberty Reserve, UKash and Debit or Credit card options.

The typical withdrawal process for Binary.com is usually 24 hours, but it may take longer than this to physically see the money in your account. They make mention of a “5 working day” processing time on another section of their website so it might be safer to go with the five day processing theory, although during we experienced a very rapid withdrawal time during our Binary.com review.

We found that baking with Binary.com is a delightful experience as they have excellent services overall, as they utilize a wide range of deposit and withdrawal methods that range from net wallets to credit cards. Their fees are low and the deposit requirements are extremely low when compared to other binary options platforms.

Binary.com accepts a variety of credit cards including Visa, MasterCard and Union Pay. Deposits are immediately available and withdrawals take 3 days. The minimum deposit is only $10, which is a huge plus in our opinion. Bank wire is also available. The minimum deposits for bank wire start at $10, $25 and $100. They offer many options of net wallets including CasaPay, UKash, CashU, Skrill, Perfect Money, among others. The minimum deposit for net wallets starts at $5.

However, every service does not support all forms of currency for the trading account. The bank wire process takes longer than most and charges a fee of $25 and processing can take 3-5 days. During our Binary.com review, we tried to deposit the lowest amount as this is a unique feature amount binary options platforms. However later we deposited a larger amount so we could make uninterrupted trades.

Regent Markets in Malta is the company behind Binary.com.

Conclusion

We highly recommend this platform for both new and experienced binary traders. We \hope you found our Binary.com review to be informative. We rarely find a platform this versatile and we encourage our readers to check out this outstanding platform.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: English, Spanish, French, German, Russian, Arabic, Indonesian, Portuguese, Chinese, Polish
Trading Options: High / Low, One Touch, Option Builder, Meta Charts, Ladder Options
Early close: Yes
Expiry Times: 15 sec, 30 sec, 60 sec, 2min, 15 min, 30 min, 1 hr, 24h, 24 hr+, End of Day, End of Week, 30 days, 150 days
Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Skrill Moneybookers, CashU, Ukash, WebMoney, Paysafe Card, Neteller
Withdrawal Time: 2 – 5 day
Demo account: Yes

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Binary.com Articles:

References and Further Reading:

  1. Professional Traders as Intuitive Bayesians  (Matthew J. Anderson, Shyam Sunder-1995)
  2. What Makes Markets Predict Well? Evidence from the Iowa Electronic Markets  (Joyce Berg, Robert Forsythe, Thomas Rietz-1997)
  3. THE EFFECTS OF TRUST AND ENJOYMENT ON INTENTION TO PLAY ONLINE GAMES (Wu, Jiming; Liu, De-2007)
  4. The Use of Online Methodologies in Data Collection for Gambling and Gaming Addictions (Mark D. Griffiths-2010)
  5. Designing Culturally Compatible Internet Gaming Sites (Kale, Sudhir H.-2006)
  6. The future of advertising and the value of social network websites: some preliminary examinations (Eric K. Clemons , Steve Barnett, Arjun Appadurai-2007)
  7. The association between online gaming, social phobia, and depression: an internet survey (Han-Ting Wei, Mu-Hong Chen, Po-Cheng Huang and Ya-Mei Bai-2011)
  8. Destination image representation on the web: Content analysis of Macau travel related websites  (Soojin Choia, , Xinran Y. Lehtoa, , Alastair M. Morrison-2007)
  9.  Developing e-commerce in internetworked organizations: a case of customer involvement throughout the computer gaming value chain (Ola Henfridsson Viktoria Institute, Göteborg Helena Holmström-2002)
  10. Motivations to Regulate Online Gambling and Violent Game Sites An Account of the Third-Person Effect (Fang Wan & Seounmi Youn-2013)
  11. Advertising or games? Advergames on the internet gaming sites targeting children (Soontae An & Hannah Kang-2014)
  12. Prize-based contests can provide solutions to computational biology problems  (Karim R Lakhani, Kevin J Boudreau, Po-Ru Loh, Lars Backstrom, Carliss Baldwin, Eric Lonstein, Mike Lydon, Alan MacCormack-2013)
  13. Prize-based contests can provide solutions to computational biology problems  (Karim R Lakhani, Kevin J Boudreau, Po-Ru Loh, Lars Backstrom, Carliss Baldwin, Eric Lonstein, Mike Lydon, Alan MacCormack-2013)
  14. Internet Poker Websites and Pathological Gambling Prevention Policy (Yasser KhazaalEmail authorAnne ChattonAudrey BouvardHiba KhiariSophia AchabDaniele Zullino-2013)
  15. The valuation of compound options (Robert Geske-1979)
  16. Pricing Options With Curved Boundaries1 (Naoto Kunitomo, Masayuki Ikeda-1992)
  17. Pricing Options under Generalized GARCH and Stochastic Volatility Processes (Peter Ritchken, Rob Trevor-1999)
  18. Pricing Options On Risky Assets In A Stochastic Interest Rate Economy1 (Kaushik I. Amin, Robert A. Jarrow-1992)
  19. Pricing options on realized variance (Peter CarrHélyette GemanDilip B. MadanMarc Yor-2005)
  20. Pricing Options in an Extended Black Scholes Economy with Illiquidity: Theory and Empirical Evidence (M. Warachka-1999)
7 Binary Options review: Binary.com: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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