Binary.com Review for 2019

Binary.com Rated 3/5
Binary.com have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to Binary.com

Binary.com Introduction

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Binary.com we break down the pros and cons. What Binary.com are able to offer, what countries Binary.com are available in. Who Binary.com are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Open Binary.com's Website

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At the bottom of this review you can also learn about some pretty good alternatives to Binary.com

With this review we hope to help you see if Binary.com is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Binary.com that will help you get off to a good start in the world of online trading.

Binary.com what you should know

Binary.com offer two ways to trade: Binary Options, .

With Binary.com you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with Binary.com platform.

Binary.com are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Binary.com safe?

When choosing a broker like Binary.com the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2014, and in operation for 5 years Binary.com have a head office in United States.

Binary.com is regulated. This means Binary.com are supervised by and is checked for conduct by the Unregulated regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Binary.com, this will be honored. If Binary.com violate any regulatory rules their regulated status could be stripped.

Any payments funded to Binary.com accounts by traders are held in a segregated bank account.

For added security Binary.com use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Binary.com. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Binary.com

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Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

What we like

  • Used by over 10,000 traders
  • Established in 2014
  • Regulated by Unregulated
  • Min. deposit from $250
  • unlimited demo account

What we don't like

Binary.com General Fees

  • Binary.com withdrawal fees varies on payment method
  • Binary.com does charge inactivity fees

Binary.com Commissions

  • Binary.com does charge commission on CFD shares

What can you trade with Binary.com?

You can trade a wide variety of instruments with Binary.com over 53 instruments infact.

If you are looking at trading currency pairs Binary.com offer over currency pairs.

Compare Binary.com with Plus500 and XTB below.

Your capital is at risk

FX / Currencies binary.com Plus500 XTB
# of forex pairs offered 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs Binary.com Plus500 XTB
# of commodities offered 17 17
Metals No Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Binary.com Plus500 XTB
# of Stocks offered 1816 1500
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
binary.com's
Instruments
Plus500's
Instruments
XTB's
Instruments

Trading on Binary.com web platforms and other applications

Binary.com offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

An Binary.com IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Binary.com also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See binary.com's platforms

Binary.com Trading benefits :

  • Low min deposit

Binary.com Trading Accounts offered:

  • Mini account
  • Islamic account

Can I try Binary.com before I buy?

Binary.com offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding methods do Binary.com accept?

Binary.com offer the below funding payment methods. learn more about Binary.com

  • Skrill
  • Neteller

How can I start trading with Binary.com?

When opening a trading account with Binary.com, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Binary.com trading platforms here.

Performing trades with Binary.com

Binary.com allow you to execute a minimum of trade of $1. This may vary depending on the account you open. Binary.com allow you to execute a maxium trade of varies.

As a market maker, Binary.com may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Support at Binary.com

Binary.com support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

What you will need to open an account with Binary.com

As Binary.com is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Binary.com's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Binary.com you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.binary.com/ on 12th August 2018.

BINARY.COM Frequently Asked Questions

Can I try Binary.com before I buy?

Binary.com do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Binary.com accept?

Binary.com offer the below funding payment methodsSkrill, Neteller, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Binary.com?

When opening a trading account with Binary.com, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Binary.com trading platforms here.

Is my money safe with Binary.com?

Binary.com is regulated by Unregulated. One of the most important criteria for traders when choosing a broker like Binary.com is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Binary.com, this will be honored. If they violate any regulatory rules their regulated status can be stripped.