BullBinary Review

bullbinary

BullBinary is a regulated broker that is on a mission to provide amazing customer experience to everyone who wants to explore the world of binary options trading. They are very proud of their localized support that provides help to traders all over the world, and they developed their own platform. Bull Binary is working hard to explain financial trading to all their customers and educate them to make the right decision.

Moreover, BullBinary accepts a wide of range of payments methods, including Credit Cards, Wire Transfer, Skrill, Neteller, WebMoney, Boleto, PaySafe Card and many more depending on your location

Basic information:

Online since: 2015
Jurisdiction: Cyprus
Software: SpotOption
Max Returns: 85%
Bonus: $25 No Deposit Bonus, Bull Cash Gift up to $200, “One More Chance” Trades
Minimum Deposit: $250
Minimum Investment: $1
Maximum Investment: $20000
Currencies: USD, EUR, GBP, BRL, HUF, CZK, PLN
Mobile: Yes (Available for Android, iPhone and iPad)
Countries: All except USA, Australia, Canada, Japan, Turkey

Pros:

– Monthly tournaments with Real Cash Prizes
– Frequent Live Webinars in Portuguese, English, Italian, Greek and Polish
– BullTrader TV offering daily updated videos on London and New York Market Reviews and Trading Tips.
–  Multilingual Bull Academy offering a vast range of educational material including a wide range of tutorials for beginners to experts , eBooks, economic calendar and market news.
– Multilingual Live Chat Support
– High Returns on Investment
– Small minimum investment
– A very user-friendly trading platform interface
– Wide variety of options

Cons:

– Doesn`t accept US traders

7 Binary Options Rating:

5 stars

Start trading

Types of accounts

Standard Account
Designed for the starting trader, BullBinary’s Standard account requires a $250 minimum deposit and offers 120+ assets, additional training, up to 83% payouts, Bull Cash Gift, and “One More Chance” Trades offers and trading reports. All traders receive an educational training course per video plus additional reading material. A real advantage for those less experienced traders taking their first steps in the binary options environment.
Silver Account
As you would expect from a trading platform that offers progressive accounts, the Silver Account offers everything contained in the previous tiers. With a minimum deposit at $1000 can also claim up to $200 Bull Cash Gift, as well as “One More Chance” trades. With Silver Accounts traders can take advantage of payouts up to 85%, 140+ assets additional tutorials and coaching along with Daily Analysis.
Gold Account
Adding to the previous tiers of accounts, with a minimum deposit of $5000 traders get 160+ assets, additional coaching and trading reports and payouts up to 85%.
VIP Account
Along with all the benefits from the previous tier accounts, with a minimum deposit of $10000 traders can take advantage of payouts up to 85%, 180+ assets, unlimited trading reports, coaching and support.

Assets and Trading Software

During the writing of BullBinary review, it was noticed that they use popular SpotOption platform that is often considered to be the most reliable and popular platform on the market. It is very popular among the brokers, and Bull Binary offers 60sec, pair, long term and high/low binary options. There are also tools for rollover, sell and double up.

Traders can choose among various assets, and their number, as already mentioned in the text, goes over 180. Such variety is rarely seen among brokers and is always good news as it makes trading even more interesting. A Rich spread of assets can be used for safer trading and better money management.
The BullBinary website is easy to navigate and provides all necessary information. The broker offers Android and iPhone applications as well, as modern traders depend on their mobile devices more than ever. The apps can be easily downloaded by using buttons on the bottom of the page.

Screenshot

bullbinary-screenshot

Service and Support

Our review of the BullBinary platform discovered three methods of contacting customer support.
Email: The usual and expected method of contact via Email at [email protected] was very quick. They aim to respond as fast as possible with as much detail to help with any queries traders have.

Live Chat: They offer a great and polite Live Chat support. Live Chat support provides services not only in English but, in Portuguese, Italian, Arabic, French and Greek as well. The Live Chat is available for almost 18-hours a day, 5 days a week.

Phone: A more traditional method of contact. Customers can call from any one of 18 numbers in Cyprus, Greece, UK, Brazil, Portugal, Italy, Czech Republic, Poland, Bahrain, Spain, Argentina, Mexico, Germany, Hungary, France, Sweden, Malaysia and Hong Kong.

The multilingual platform is available in English, Chinese, Portuguese, Italian, Russian, Greek, Arabic, French, Spanish, Czech, Hungarian and Polish
For the traders who prefer to take the time and to help and inform themselves, we have both good and bad news. Finpari has an easily navigated and user-friendly FAQ page on their website which, during the course of this review, we found to be sadly lacking in detail. The page covers only the most basic facts concerning trader safety, user accounts, available trades and trading options in general. Reading FAQ pages is always a good place to start before joining any website or platform, but we would advise users to contact customer support in the case of any serious inquiries.

Company and Payment Methods

BullBinary is binary options broker owned by Spot Capital Markets Ltd., registered with CySEC under number 210/13, and located in Cyprus. The registered and regulated status gives traders additional insurance when it comes to investing their money.

In Bull Binary review it is important to state that this broker is also a member of Investor Compensation Fund of Cyprus Investment Firms, where all trader’s money in insured to a sum of 20,000 euros in case the broker cannot fulfil financial obligations.

When it comes to depositing and withdrawing, traders can select between Visa, MasterCard, Maestro, Carte Bleue, wire transfer, Skrill, Neteller, PaySafe, Qiwi, Webmoney, Moneta.ru, Sofort, NeoSurf, TrustPay, TicketSurf, TeleIngeso, EFS and HalCash.

There are no fees for depositing, but for all withdrawals there is $10 fee. Minimum deposit is $250.
In average it takes up to 3 to 5 days for the withdrawn amount to be seen on the bank account.

Additional information

Customer Service: Live Chat / Email:[email protected] / Phone
Languages: English, Portuguese, Italian, Greek, Chinese, Arabic, Russian, Spanish, Czech, Hungarian, Polish
Trading Options: High / Low, 60seconds, Classic Binary, Long Term, Pair Options
Assets: Currencies, Stocks, Indices, Commodities
Expiry Times: 60 sec, 90 sec, 2 min, 3 min, 5 min, 10 min, 15 min, 30 min, 1 hr, 24 hr+, End of Day, End of Week, End of Month
Deposits and Withdrawals: Credit Cards (Visa, Mastercard, Maestro, Bleue), Bank Wire, eWallets (Skrill, Neteller, Boleto, WebMoney, Paysafe Card and many more depending on your location
Withdrawal Time: 3-5 days
Demo account: No, but offers $25 No Deposit Bonus

Start trading

References and Further Reading:

  1. Traders’ Engagement with Markets A Postsocial Relationship (Karin Knorr Cetina Urs Bruegger-2002)
  2. The Great Trade Collapse: Causes, Consequences and Prospects (Richard E. Baldwin-2009)
  3. Investor Protection and Corporate Governance: Evidence from Worldwide CEO Turnover (MARK L. DEFOND, MINGYI HUNG)
  4. The Oxford Handbook of Comparative Institutional Analysis (Glenn Morgan, John Campbell, Colin Crouch, Ove Kaj Pedersen, Richard Whitley-2010)
  5. Financial liberalization, financial sector development and growth: Evidence from Malaysia  (James B. Anga , Warwick J. McKibbin-2007)
  6. Retail–collection network design under deposit–refund  (Rico Wojanowski, Vedat Verter, Tamer Boyaci-2007)
  7. Minimum volume of a tephra fallout deposit estimated from a single isopach  (François Legros-2000)
  8. Minimum Deposit Plans. Miracles or Mirages (Garry M. Rollins-1979)
  9. THE DETERMINANTS OF DEPOSIT-RATE SETTING BY SAVINGS AND LOAN ASSOCIATIONS (Stephen M. Goldfeld, Dwight M. Jaffee-1970)
  10. Method and system for issuing a secured credit card (William B. Buchanan, Dawn E. Greiner, Charles S. Johnston, Roger J. Van Duinen-1999)
  11. Reforming Social Security with Progressive Personal Accounts (John Geanakoplos, Stephen P. Zeldes-2008)
  12. Individual accounts in social security: can they be progressive? (Michael Sherraden-2003)
  13. The Information Content of Annual Reports: A Price and Trading Response Analysis (William M. Cready and Patricia G. Mynatt-1991)
  14. Trading Volume Around Earnings Announcements and Other Financial Reports: Theory, Research Design, Empirical Evidence, and Directions for Future Research (Linda Smith Bamber, Orie E. Barron, Douglas E. Stevens-2011)
  15. Stock Prices and the Secondary Dissemination of Information: The Wall Street Journal’s “Insider Trading Spotlight”Column (Saeyoung Chang, David Y. Suk-1998)
  16. Insider Trading as a Signal of Private Information (Aswath Damodaran and Crocker H. Liu-1993)
  17. Quantifying Trading Behavior in Financial Markets Using Google Trends (Tobias Preis, Helen Susannah Moat & H. Eugene Stanley-2013)
  18. Insider Trading, Earnings Quality, and Accrual Mispricing  (Messod D. Beneisha and Mark E. Vargus-2002)
  19. Customer discrimination in professional basketball: evidence from the trading-card market (ERIC W. STONE & RONALD S. WARREN-2010)
  20. Strategic assets and organizational rent (Raphael Amit, Paul J. H. Schoemaker-1993)

7 Binary Options review: BullBinary: 5 stars.