Binary.com (formerly BetOnMarkets.com) is a fixed-odds financial betting broker based on the Isle of Man and Malta. The platform is owned and operated by the Regent Markets Group and has extensive business interests in the Asia Pacific region. Operating as an online gambling platform, binary.com is fully licensed and regulated by the Isle of Man Gambling Supervisory Board and the Maltese lottery and gambling authorities. The reason for having two bases is that brokers use different corporate vehicles to serve their clients in the EU and UK markets.

This global approach is reflected in the new Bitcoin account. It allows traders to use the Bitcoin cryptocurrency to fund their accounts (and trade). However, this account is currently only available to account holders outside the EU. As companies adopt blockchain technology and accept cryptocurrencies, payment methods are also expanded to include Ethereum and Litecoin.

Exchange

 

 

At first glance, you may find that the trading platform offered by Binary.com is quite different from other platforms commonly seen by other binary brokers. First of all, the interface is extremely simple. Has all the basic functions. There’s really nothing special about Binary.com’s platform anymore until you scroll down It’s a completely different picture. We are happy to hear that this platform offers a comprehensive charting feature for their platform.

 

 

In addition, traders can get daily and daily price lists from the tab directly below the main trading platform. The displayed price also shows the percentage change to the right of the quote.

Chart

As mentioned earlier, one of the unique features of the Binary.com trading platform is the charts they provide. Traders can choose from the different types of monitors available.

  • Line chart
  • Interactive chart
  • Popup Chart
  • Legacy Diagram

 

 

Transaction Type

Since Binary.com is not a regular binary options broker, the type of trading contract we offer is slightly different from that of a mainstream binary option. For example, traders can choose from:

  • Increase/Decrease Options

The trader decides whether the mature price will rise or fall from the current spot price.

  • Higher or lower option contract

It is up to the trader to decide whether the price will be higher or lower than the predetermined price target.

  • Touch/No Touch Option Agreement

The price is executed when trading or not trading a predetermined price target during the contract period.

  • I/O Option Contract

The goal is to see if the price is IN or OUT between the two price targets.

  • Markup Transactions

Similar to the 60 second option, traders decide which direction the market will go with five price changes. Markup transactions are further classified as follows:

  • Trading up/down
  • Ten lucky digits
  • 10% Fast

Demo and trading accounts

One of the advantages of Binary.com is that customers can try out the platform with a demo account for $10,000 in virtual money. This is not something I usually see on other binary brokers. Most other brokers will need to login first and request a deposit before accessing the trading platform.

Once a trader decides to open a live trading account with binary.com, simply fill out the registration form, login and make a minimum deposit of $/£/€5.

Trading software features

Payment rate

The payout ratio of binary.com is around 60% to 110% depending on the contract type. The exact payout can be seen on the right side of the exchange. Traders should be aware that rates are constantly changing as the market fluctuates.

Asset index

The list of available properties is extensive. Traders can choose between Forex, Commodities, Stocks, Indices and Random Indices and QW Markets. Get ideas about the products on offer; Readers can visit the website to see the full list.

Customer support

Customer support is available 24 hours a day, Monday through Friday. By default, traders can send an email, make a call or request a call.

Reliable

Since Binary.com is an online gaming platform, it is currently regulated by gaming regulators in Malta and the Isle of Man. However, as Malta is currently regulating binary options trading on the island, that is likely to change in the near future. Before that, traders had to rely on gaming authorities to protect their legitimate interests.

However, Binary.com is part of a multinational corporation and will not do anything illegal to jeopardize its corporate image.

Mobile app

Mobile apps are another very powerful product. Like the rest of the trading experience, the app retains the look and feel of binary.com. The only trading platform remains the same on the mobile version and the company ensures that the application is optimized for each specific device and operating system. For example, Android apps are designed to maximize the functionality of your Android device. Similarly, Apple products like the iPad and iPhone may see features unique to that operating system.

This attention to detail has been a big part of what has kept this brand at the forefront of the binary options industry since it started.

The mobile application provides a smooth yet easy to use trading platform that allows traders to trade and continue trading at any time. That is another advantage of the company.

 

Human Machine

Binary.com offers another innovative feature: the ‘Binary Bot’ service. All major brokers are rushing to provide similar functionality. Traders can organize and build their own car merchant.

This allows traders to build automated trading robots based on their own systems or winning strategies. You can then place your robot to trade in ‘real time’ whenever market conditions trigger the criteria given by the trader. The builder is to review the demo before the trader gets loose. Best of all, you can test before signing up or logging into your live account. So you can try it without risk. The robot building screen looks like this:

 

Is Binary.com a scam?

Binary.com is one of the most famous brands in binary options. They are multinationals that were started and grown by respectable merchants and now don’t need to fall for the ‘scam’ found elsewhere in the industry. This brand can be used with absolute confidence.

Bonus

Binary.com has withdrawn its deposit offer. There is currently no current free trade or ‘No Deposit Refund’ promotion going on.

Game

Binary.com should think clearly about the strategy. The method of choosing an expiration time is unique, so every winning strategy should take this into account. The flexibility offered by the trading platform and the software itself (in terms of expirations and contracts) means that any trader who wants to invest the time and effort to hone his strategy will be able to determine the winning deal.

This is one of the main reasons that this particular broker is preferred by advanced traders. The company also offers a revolutionary cutting-edge platform that offers MT4 and MT5 integration (MetaTrader) and the Binary Bot engine, an innovative car trader.

Binary bots allow traders to create their own bots or set up automated trading. The company also offers a way to integrate beyond what other companies can offer. Bots provide retail investors with access to a number of features limited by more established signaling services or automated trading advisory services.

The tick trading strategy is only available on Binary.com and the tick trading platform is not duplicated elsewhere. However, certain strategies require their own sections, so everyone reading the current system   should see the strategy  page.

Review conclusion

Yes

  • Advanced charting tools
  • Demo account
  • Interesting Trade Agreement
  • Extended property list
  • Flexible trading terms
  • Good support service
  • High Profit
  • Long history of operation
  • Simple Exchange
  • Minimum deposit required

In fact, I won by what Binary.com has to offer to its clients. They have made opening a live account easy by setting a minimum deposit of $/£/€5 depending on your currency. In addition, the trading platform is a single Meta Trader platform (mt4 and now mt5), which is an advanced charting tool. Their long operating history and the fact that they are a subsidiary of a larger organization give them peace of mind to deal with them. So if you are looking for a different type of binary broker than what the industry offers, check out Binary.com.