Here are the 12 trading features that you can’t ignore about Binary.com broker.
The most important factor of a broker platform is regulation. Furthermore, Binary.com is an old broker that holds multiple licenses to comply with regulation around the world.
At the same time, they really have some unique trading features. These are:
- Minimum deposit amount is $5
- You can start trade with a minimum investment of $1
- The payout percentage is 100%
- The Minimum withdrawal amount is $10.
A demo account is to help traders to implement all trading strategies and techniques before investing in the live account. The broker offers $10,000 worth demo account.
You can top up your virtual money with an additional dollar. Remember, the balance need to $1000 or less than that.
Moreover, you can enjoy three types of accounts depending on your trading experiences and deposit amount. These are:
- Standard Account
- Advanced Account
- Volatility Account
Binary.com works on particular asset types like Cryptocurrency, Forex, Indices, Commodities, and Volatility Indices.
Furthermore, traders will find many apps, signal services, strategies, charts, academic courses, platforms, etc in their shop. Comparatively other products, the most popular product is a binary bot.
There are 8 types of options for traders.
- Up/Down
- Touch / No Touch
- Ends In / Out
- Asians
- Digits
- Reset Call/Reset Put
- High Ticks/Low Ticks
- Only Ups/Only Downs
Multiple trading platforms will help traders to choose according to the trading experience.
However, these platforms are categorized into advanced and basic levels.
These are:
- Smart Trader
- Web Trader
- Ladder
- Meta Trader 5
You can not find any broker platform without having only advantages. No matter how good the platform is, you will find drawbacks.
Let us start with the advantages which are associated with Binary.com.
Advantages:
- Trading assets available 24/7
- Low deposit amount
- Enrich trading education
Unavailability of the live chat is a major drawback for this trader. Apart from this, there are two more drawbacks like
- US trader not accepted
- Enrich trading education
In summary, Binary.com is not a scam broker. Your all confusion will be gone after reading the full review which we mentioned at the beginning of this article.