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IQcent Review – Start Trading In Cents (Pros, Cons, Scam Or Not)

IQCent Review-Binoption

IQcent Review - Start Trading In Cents (Pros, Cons, Scam Or Not)

IQcent broker is a legit trading platform that offers the seamless trading with multiple benefits. 

Undoubtedly it is the first broker who got a massive amount of attention in a short time, both positively and negatively. 

On the other hand, iqcent is a versatile platform. So, now you can trade anytime, anywhere. 

So, in this in-depth review, we will examine the features and services offered by the IQcent broker. Furthermore, we will tell you 

  • Is this platform legit
  • Fair recommendation and review
  • How to make money with IQcent 
  • How to withdraw money in a limited time

Let’s get started. 

IQcent Review- What Is IQcent

IQCent Review-Binoption

IQcent is an online broker that offers options trading and CFDs on forex, stock, commodities, and cryptocurrency assets. In 2017, a group of experts founded this innovative platform to provide a seamless experience.

It is an established multi-asset broker’s company in the Marshall Islands.

Despite starting to serve traders in 2020, it has continuously added new and powerful features to its system. At the same time, IQcent is one of the brokers that accept trade in cents. 

Amazing and worthy for small investors. 

Moreover, it is an excellent opportunity for those who want to start with a minimum amount.

With a small deposit of $20, anyone can start trading to enjoy the 100% bonus facility. 

Also, the broker will make you an unstoppable trader with its weekend trading structures. With this broker, you can access more than 100 trading assets to make you profitable daily.

And what about data protection?

Well, there’s no need to worry. The broker is equipped with up-to-date SSL security protocols. In other words, your data is encrypted and cannot be retrieved by hackers.

On the other hand, their copy trading feature will help you to copy top traders’ trades to make money. Everything under one roof boost this broker. 

So, give it a try. 

Why Trade With IQcent?

The platform is the best fit for beginners. Also, professional hands could get the best outcome from this broker. On the flip side, a wide variety of trading instruments like currencies, cryptocurrency, stocks, and commodities give you the essence of the best experience.

But it is not the single reason to love this broker. 

Including the number of assets, some other noticeable features mostly drag traders to choose this platform.

Let us share the reasons why traders choose IQcent.

  • 100+ assets
  • Demo account
  • Minimum deposit $20
  • Minimum trade size $0.01
  • Leverage up to 1:100
  • Maximum payout 95%
  • 3 types of account
  • Copy-trading tool
  • 10+ Payment Methods
  • Instant Withdrawals
  • 24/7 Non-stop trading
  • Bonus & contest

Is IQcent Regulated?

We always encourage our traders to go with a regulated broker.
But it doesn’t mean unregulated brokers are always the wrong pick for traders. And IQcent is one of them.

With no regulation, this offshore broker is leading the market. That means IQCent nor its agents or partners are not registered.

At the same time, this versatile platform does not provide any services in the USA territory. Moreover, certain features are not available in some countries for legal reasons.

On the flip side, the broker got zero awards. Though it is important to gain trust, the platform is just newly formed.

Is IQcent Accept USA Traders?

According to their website, the broker does not provide any service inside the USA territory. However, they claimed that USA traders could easily open an account and trade.

It is promising though we are going through a thin line of confusion regarding this process. So, we won’t recommend you take this risk.

IQcent Sign Up And Login

Signup And Login-Binoption

Opening an account or the signup process will take less than one minute. Following some simple steps will lead you to open an account with IQcent. 

  • Fill out the registration form with your name, contact number, and valid e-mail address. 
  • Set the password. 
  • Select the account currency and tick the boxes before clicking the next button. 
  • Don’t forget to enter the “promo code” if you have any. 

Your platform is ready to serve you. Now, you can start your trade by depositing the minimum amount.

To log into the account, just insert your email and password and click enter.

Sign up with email

IQcent Account Types

The best part is that IQcent offers three different types of accounts depending on the deposit amount. Each trading account holds some extra advantages, including the bonus percentage.

The deposit amount starts from $20. If you are a beginner trader, begin with a small amount.

Here is the list with features:

BRONZE

$ 20
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +20%
  • Demo account
  • Copy Trading Tool
Click Here

SILVER

$ 1000
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +50%
  • Demo account
  • Copy Trading Tool
  • Master Class (web session)
  • First 3 risk-free trades
Click Here
Popular

GOLD

$ 3000
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +100%
  • Demo account
  • Copy Trading Tool
  • Master Class (web session)
  • First 3 risk-free trades
  • Personal success manager
Click Here

IQcent Demo Account

A demo account will boost your trading education. You can test the dashboard before attempting any trades. 

You can read the article on using a demo account to know the benefits. 

To accelerate their service, IQcent also offers a demo account. You will get a free $10,000 worth demo account to perform trade.

So, you will have

  • $10,000 virtual amount
  • Full access to the platform
  • No financial risk
  • Easy to test strategies

Platform Overview

Platform Overview-Binoption

Our expert team has written this review after using the platform. We are glad to inform you that that platform is user-friendly, with a lucrative dashboard convenient for beginners.

You can carry out your trades with this broker without facing difficulties. Also, the broker IQcent offers a proprietary web-based platform. So, you don’t have to download any software to operate trades.

On the left side of the platform, you will find the list of assets with the payout ratio. The graphic part is placed in the center of the screen. This part especially shows the market movement.

Moreover, the copy trading facility will help you earn just by copying an expert—there is no need to understand the market, not even the snake shape lines.

In order to copy trade, look up to the right corner of the interface and click copy trade.

Different charts are available on the platform, making it very easy to navigate. They also offer expiration times between 60 seconds and 1 hour.

Here comes the economic calendar part. It will help you to see the latest market events. A wide range of technical analyses and other tools are available to help predict market movement.

Trading Instruments

IQcent offers a vast number of trading instruments, with over 100+ in

  • Forex
  • Commodities
  • Stocks
  • Cryptocurrencies

Each instrument has a different payout ratio.

Traders will get the most volatile crypto assets to trade in the market. The platform allows you to trade CFDs with a leverage of 1: 100 to 1: 500. However, the leverage will depend on the asset classes.

On the other hand, the binary trader will enjoy a payout ratio based on the asset they choose. But the maximum percentage is 95%.

With IQcent, you have the opportunity to trade on the weekend.

However, for weekend trading, some markets will remain closed. The good thing about IQcent is that it doesn’t charge fees for CFDs, or Options trading.

IQcent Options Trading Type

You will get multiple asset classes to trade options if you are an options trader. So, you can choose any asset based on the profit ratio. 

But there is another thing to mention. 

You can avail of three types of options. In the trading dashboard, you will find the types of options like

  • Turbo
  • Intraday
  • Longterm

Each Option type has its own expiration timeframe. Generally, the expiration time starts from 1 minute. 

Leverage

IQcent offers a maximum of 1:100 leverage. With leverage, you can diversify your portfolio with a larger pot. However, both negative and positive periods exist. In the same way, you can earn money; you can lose money too.

So, it is recommended to slow down the leverage trading.

IQcent Copy Trading

Copy Trading-Binoption

Copy trading is one of the most significant possibilities for traders to make money from the financial market. It is a simple task with zero effort.

The dashboard will show you a list of the top 10 copy traders and where you can follow your desired trader to start copy trading.

Do not worry because the listed traders are tested and trusted with live voting from users.

Remember that you have to open a real account to perform this. Choose any of the professionals and click copy trading. The trade is now executed automatically. Additionally, you win a certain percentage whenever the trader wins.

Let’s have a look at the key points

  • Copy trading sometimes also carries risk
  • Help to minimize losses
  • Save time
  • Educate new traders
  • Create a risk-free environment
  • No need to analyze market

Weekend Trading

IQcent allows you to trade on weekends. Now, you don’t need to miss the beautiful Sunday when the market is closed.

Trade anytime, anywhere, even over weekends.

IQcent Bonus & Contest

Who does not want more?

The good news is that IQcent offers several attractive reward features to its new and subsisting clients. 

According to the website information

  • The Bronze account comes with a 20%
  • A Silver account comes with a 50% bonus
  • The gold account offers a 100% bonus

Of course, there are some rules to attain bonuses. Bonuses are optional, and the client is not required to take rewards.

Additionally, IQcent hosts trading tournaments weekly and offers the winner $20,000 in prizes. On the other hand, the weekly competition is open to all traders.

Moreover, the company also gives away gifts every month, such as an iPhone 11 Pro, a MacBook Pro, a Chromebook, AirPods, Apple Watch.

Go to the IQcent website and visit the contest section. You will get a leaderboard with traders’ names and their prize amounts. You can check your rank from the below bar by just entering your name in the search box.

Referral Program

You have already got to know about the bonus and content that offers IQcent. Apart from these, the broker also has a Referral Program where clients can invite friends, family members, or colleagues.

Yes, you will get the opportunity to get 20% extra money. All you have to do is share your link and earn money.

For example, if a referral deposits $1000 in a new account, you will receive $200 as a commission.

Research & Education

Well, a trading education is a must for traders, especially those taking baby steps here. At the same time, research is also a must task that you should do regularly before placing an order.

The market change without any signal. So, you should know when to press the put button and when to press the call button.

Unfortunately, IQcent doesn’t offer any trading education for traders. They have an FAQ section, which is not even enriched. So, they should take care of this sector.

However, they offer a learning feature with a master class web session only for the silver and gold account holders.

Deposit Methods

IQcent offers multiple methods so that traders can enjoy a hassle-free deposit. The minimum deposit amount is $10, which applies only to Bronze account holders. 

However, the minimum deposit amount depends on the source and region of the clients

IQcent broker provides fast and reliable transfers supported by the most popular providers. Also, you can instantly fund your account with five different payment methods with certain processing steps.

Deposit via Mastercard or Visa, and Perfect Money is also available. Moreover, cryptocurrencies like bitcoin, Ethereum, and altcoins are acceptable. 

Note that IQcent charges a 5% deposit fee on Visa and Mastercard, but others are free. 

Withdrawal Methods

The withdrawal method is as simple as the deposit method. For security reasons, identification of the person is required for all withdrawals, regardless of the withdrawal amount.

Note that the minimum withdrawal amount is $20.

IQcent processes all withdrawal requests within 1 hour. However, verification may take longer if the client doesn’t submit all requested documents in time.

Check the list, and you will get the following methods to withdraw your profits:

  • Bitcoin
  • Bank Wire Transfer
  • MasterCard
  • Visa
  • Ethereum
  • Perfect Money
  • Altcoins
  • Litecoin
  • Neteller
  • Skrill

IQcent Support Centre - 24/7

Enjoy the quickest reply ever with the IQcent platform. A trading support center is crucial for traders to solve problems instantly.

You have full-fledged customer support via video live chat, phone calls, and email. At the same time, you can join the group chat or private chat to solve your puzzle.

Also, for a quick overview, you can check their FAQ section. 

The key points are

  • Live chat option
  • Video live chat option
  • 24/7 available customer support 
  • Multilingual support 

Advantages

You got the idea that IQcent is a versatile broker with a user-friendly dashboard. Apart from the platform, there are many reasons behind choosing this broker.

But these remarkable points make this broker’s offer unique.

  • Non-stop trading
  • Weekend trading
  • 100% secured with full data protection
  • Multiple funding options
  • Trade with cents
  • Master class web session
  • Guaranteed withdrawal processing within 1 hour
  • Copy-trading facility
  • Possibility to trade under experienced trader guidance
  • 24/7 customer multilingual support

Disadvantages

We found a major drawback regarding the regulation. Including this, some other aspects give you a vibe to think twice. Let’s make a list so that you can find it quickly. 

  • Not a regulated broker
  • Lack of education section

These are the most significant disadvantages for traders. They should work on these to make this broker trustworthy. Hope, they will bring promising words soon. 

Open an account

FAQ - Common Question By Traders

Here are the common questions that are frequently asked by traders.

  • 1. Is IQcent regulated?​

    No, IQcent is not regulated by any regulatory bodies. 

     

  • 2. Does IQcent offer a demo account? ​

    Yes, IQcent offer a demo account of $10,000.

  • 3. Does IQcent support USA traders?​

    Clients from US can easily sign up there and trade. The company by itself doesn't provide services on US territory!

     

  • 4. What is the minimum deposit amount?

    The minimum deposit amount is $20. However, it depends on the source and region of the clients. 

     

  • 5. Does IQcent charge withdrawal fees?​

    Except for Visa and Master cards, withdrawal with other methods will cost ZERO. For Visa and Mastercard holders, a 5% charge is applicable. 

     

  • 6. Is there any registration fee?

    No, it is free to open an account with IQcent. 

     

  • 7. What are the conditions for withdrawals?

    For security purpose, you need to submit valid documents to verify your account before withdrawal. 

     

Is IQcent Legit? Recommendation

We have heard many negative reviews from different trading forums. Most traders claimed that the platform did not allow them to withdraw their profits or block their accounts without warning, which is really concerning.

However, we haven’t faced anything like this. But you will get an update from our team if we encounter any difficulties withdrawing money from their platform.

On the flip side, you need to check a few points to smooth your withdrawal process.

  • Check whether your account is verified or not
  • Withdraw using the same methods you used to fund your account
  • Do not try to fund using a third-person credit card

Even though the broker platform got a terrible rating on Trustpilot, the customer support team is always on top of things. They replied to almost all the complaints.

We can say that trades with IQcent are safe because IQcent is owned by FGC, a licensed financial service company. So, for us, the broker is legitimate to trade options. 

On the other hand, the broker is transparent with their traders. Consider this review a testament to the company’s transparency.

Overall, we give a fair rating of 6 out of 10.

Final Words - Is IQcent A Scam?

Finally, we will draw a finishing line by recommending this broker to you. You can start trading with confidence because your money is safe here.

Because of its highly user-friendly dashboard, IQcent is legit, trustworthy, and good to use.

It is an intuitive platform with interactive features that will help you to grow your investments.

However, you can visit the broker and learn more about the platform.

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IQ Option Review: Trading On IQOption Profitable?

IQ Option Review – Is Trading On IQOption Really Profitable?

Our IQ Option Review will give you brutally honest feedback regarding this old, legit, trustworthy binary broker. Moreover, the platform is well-designed. According to the market review, the broker is one of the most transparent, reliable, and resourceful entities.

Anyone from any corner of the globe can use this platform to trade. 

Undoubtedly, IQ Option is one of the fastest-growing online trading brands in the world. They started their business as a fully formed binary options broker. But now, they offer a variety of trading classes along with options trading.

So, let’s dig the hole more intensely to get an unobstructed view.

This material is not intended for viewers from EEA countries. Binary options are not promoted or sold to retail EEA traders.

IQ Option

IQ Option Review – What Is IQ Option?

IQ Option Review-Binoption

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

IQ Option is an award-winning trading platform that offers multiple trading classes, including forex, stocks, crypto, etc. Both CFDs and options trading are available on numerous trading instruments. So, you have considerable wings to make money. 

With a clear objective, they have been serving the financial industry since 2013 as a registered platform.

The broker has the ultimate goal of delivering the most accurate, fast, and user-friendly trading platform. On the other hand, the smooth and trouble-free platform helps the broker get an immense number of registered traders every day. And day by day, it’s increasing.

And you could be one of them!

Start trading is possible by depositing a small amount, like $10. 

Or you can start with a demo account. However, a demo account is a sensible choice for traders to understand the broker’s side.

Why IQ Option?

You pick a broker after analyzing many essential factors. And not only you, but a sensible trader also does the same. While researching, our team found some unique notes that make this broker outstanding.

The first thing is that by using their platform, you can trade the most volatile asset classes like Forex, stock, and Exchange-Traded Funds (ETFs). And also a brand-new product called Digital Options.

This section will give some reasons, providing an obvious notion of choosing IQ Option as your broker.

These are –

  • Reliable and trusted broker
  • Minimum deposit $10
  • Minimum investment $1 
  • Demo Account 
  • The maximum payout 100% 
  • Multiple trading types
  • Manage your profit and loss limits
  • Enriched learning center
  • Online trading Tournaments
  • Mobile trading 
  • Personal manager for VIP traders
  • A wide range of withdrawal methods
  • Minimal withdrawal $2
  • 300+ trading instruments  
  • 24/7 customer service 

Awards & Achievements

Not a single factor attracts traders to trade on this trusted broker’s platform. As we have already mentioned, traders accept this broker for several reasons. And their achievement is one of these.

Since 2014, they have achieved a number of recognition awards in various sectors. 

We mentioned a few here:

  • 2017 Award of Excellence
  • Forex Award 2014 “Best Trading Platform”
  • Century International Quality Gold ERA award
  • The Web Marketing Association Awards for “Best Technology Application”

IQ Option Sign Up and Sign In / Login Process

The sign-up process is straightforward. But before opening an account with IQ Option, we recommend our traders read the terms and conditions carefully. It is a required task for traders.

Check the steps below to open an account.

- IQ Option Sign-Up

To sign up with IQ Option, you must fill out the form or use social accounts like Facebook and Google. But to fill out the form, operate accordingly.

  • Select the country
  • Enter your valid email address
  • Set the password
  • Tick the box if you agree with the terms and conditions
  • Click “open an account for free”

Now, you will have access to the dashboard with a demo account. Or you can fund the account with a minimum amount of $10.

Sign up for free

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

- IQ Option Login

Whether you can use your social platform credentials or can use a valid registered email to log into the platform, as the social platform, IQ Option allows Facebook and Google accounts. 

- For Indonesia & Vietnam Trader

The overall process is the same as we mentioned earlier. Every Indonesian trader can legally earn money from binary options trading.

Moreover, if you follow the Islamic faith and would like to feel safe while trading forex with IQ Option, you can open an Islamic account. This will enable you to have special conditions for trading.

How To Complete Account Verification?

Each trader has to go through an account verification process if he or she wants to withdraw profits. Documents should be valid when requested by the company. 

Whether you can complete the entire process at the time of opening an account or can finish later. 

  • The very first step is email confirmation. The team will send you a code via email. Enter this code in the relevant field.
  • Then confirm your phone number with a specific country code. Enter the SMS code in the relevant field.
  • Verify your personal data
  • Input information regarding your trading experience and strategies.
  • Lastly, upload and submit the required documents to finish the process

The broker provides the fastest possible verification. But sometimes, it takes a longer time, at least 48 hours. Besides, here is the list of documents that they will ask you to upload:

  • Valid proof of identity

IQ Option Demo Account

When entering the trading market, it is better to have some knowledge of the market. IQ Option offers a Demo Account that is worth $10,000. The demo account is entirely free and refillable. So, traders can top up if it is lower than $10,000. 

Moreover, switching to a real account is also possible if one deposits the initial amount. One can hardly differentiate a demo account from a real one. However, you won’t be able to see the entire trading instrument list in the practice account. 

Traders can also practice their trading strategies on a demo account to help them uncover the best strategies. It will also help you to apply your trading knowledge with no risk. 

Therefore, it helps a trader be prepared and confident to place a trade himself. Besides, it ensures a higher success rate.

Open a demo account

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Account types

Along with the demo account, traders can choose more options or accounts. They offer three types of accounts. These are –

  • Real Account 
  • VIP Account
  • Islamic Account

Each account type has some distinctive and notable features. We will describe it below.

- IQ Option Real Account:

The real account requires a minimum deposit of $10. It is the standard account with a lot more lucrative features. That means any trader can open this account. 

Besides, traders will get weekly webinars and access to the web brokers’ trading tournaments. 

The significant findings are: 

  • Best for beginners 
  • Weekly webinars
  • Copy trading 
  • Demo account

- IQ Option VIP Account:

To get VIP status, you need to fund a certain amount of money that differs from the regular deposit amount. The amount varies from country to country. Additionally, sometimes it depends on the payment method.

Moreover, VIP traders will get special privileges from the IQ Option team. 

Apart from these, traders will get

  • A high return percentage
  • Personal account manager
  • Special conditions for tournaments
  • Training materials prepared by experts

All these features attract mostly professionals to grab VIP status. 

- IQ Option Islamic Account:

Traders who are of the Muslim faith can enjoy swap-free deals with IQ Option. IQ Option offers an Islamic account with lifetime access for only $200.

You will get the following:

  • Swap-free deal
  • No overnight fees
  • Instant order execution
  • Dedicated account manager
  • Free demo account

Apart from these mentioned features, you will get a lot more benefits with an Islamic account. So, trade is a halal way.

IQ Option Mobile Trading App

IQ Option lets you trade with a wide range of instruments. Over approximately 300 assets are available in various trading classes. So, traders can execute trades using a mobile device and a web platform.

Moreover, traders can download the trading application on mobile and desktop devices. Apps are available for both Android and iOS.

Now, it’s your time to discover thousands of investment opportunities with the IQ Option trading app.

~ Trading App - Mobile:

A mobile platform is beneficial for traders. Especially in the mobile device, apart from all other tabs available for browsers, a trader will find asset price movement separately. 

It allows you to perform trade from anywhere you want. Definitely, a mobile app is convenient to use. But unfortunately, there are also some limitations. 

On the other hand, IQ Option offers a progressive web app (PWA). It doesn’t require the user to visit an app store or download any files locally. Instead, PWAs can be installed by clicking the “Add to home screen” button in any browser.

Moreover, you don’t need to download the IQ Option app to your desktop and mobile device. Those traders who use the iOS application can use this app to perform binary options trading. To know the advantages of the PWA application, read this blog post. 

~ Trading App - Desktop:

Traders can download the IQ Option trading application for desktop. The IQ Option platform works fast for Windows and Mac OS desktop devices.

Moreover, your desktop needs to support OpenGL configuration for maximizing the computer’s video card resources.

If a version of the app is not available for your device, you can still trade using the IQ Option website.

Trading Assets

IQ Option is working with a particular trading type named Binary Options at the very beginning. Day by day, they have improved a lot and added more variation for trader’s benefits. 

Now, the platform offers an expanded version of trading types like Options (Binary, Digital) and CFDs on currency pairs, stocks, ETFs, indices and cryptocurrencies. With each class, you will get over 300 trading assets.

Please note that the leverage ratio will also vary based on the trading region. 

As alternatives are huge, you can pick according to your preference. 

#Stocks:

Traders can buy and trade a wide variety of stocks. Stock trading consists of nearly 188 instruments. Moreover, you will get up to 1:20 leverage to trade the stock exchange market.

However, the minimum investment is $1. Note that the multiplier is for those traders who seek more profit from the highly volatile market. 

At the same time you should keep in mind the associated risks. 

#Options Trading:

Options trading is not under any asset class. It is a trading form for short-term traders. Among all brokers, IQ Option is one of the best brokers for options trading. 

On the other hand, you can trade options on a wide range of trading instruments. A fixed payout ratio is applicable, approximately 90% or more in case of a correct prediction. However, it depends on the trading instrument.

#Forex:

We all know that Forex is the world’s largest and most liquid market. Besides, in the currency market, volatility remains high. In IQ Option, there are 31 currency pairs available. At the same time, IQ Option provides leverage of 1:500.

Surprisingly, the minimum investment is as low as $1.

#Cryptocurrency:

You can trade top cryptocurrencies using the IQ Option platform. There are 19 cryptocurrencies available on the trading platform.

Considering its growing interest, bitcoin’s leverage is 1:100.

#ETFs:

Traders can diversify their trading portfolio with exchange-traded securities that track indexes, commodities, and baskets of assets.
There are 23 ETFs available. Moreover, the ETFs leverage is 1:20. 

On the other hand, ETFs allow investors to buy on margin, sell short, and purchase as little as a single share.

#Indices & Commodities:

There are 3 commodities available in the trading platform as per their website information—the leverage ratio up to 1:50

Unfortunately. they have had zero indices in their list for a while. 

Best IQ Option Strategy and Analysis

Trading with a proper strategy will help traders earn a higher return. On the IQ Option platform, you build popular trading strategies using candlestick and bar patterns.

Even the indicators will help you to build profitable strategies.
Not all patterns work equally well, so we recommend practicing trading via a demo platform.

Furthermore, we have a comprehensive (detailed) guide on IQ Option Best Strategy For Winning Trades that explains how you can use chart types, indicators, lines, and tips – tricks to analyze your trades.

IQ Option Trading Platform Overview:

IQ Option Trading Platform Overview - Binoption

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

You are welcome to the trade room. The trading dashboard is ornamented with multiple features and tools.

On the left side of the platform, traders will find a trading portfolio with all active positions and pending orders.
You can see your open and closed positions at a glance by clicking the history tab. 

On both demo and real accounts, traders have access to customer support, where they can ask for any assistance. Note that you can only get live chat support if you open an account.

Social chats are also for particular asset traders to share their trading information socially. It helps them to know the market condition. However, they restrict participation in the social chat group for demo traders.

On the other hand, the leaderboard section will show you the list of top traders worldwide. But the transaction amount will count only for a live account. Moreover, the market analysis tab will show you all the current trading market news.

Not only those mentioned features, but you also will find information on top assets, trading tournaments, video tutorials, and FAQs.

In the latest version, you can draw any graphical tool over technical indicators, trend lines, or even Fibonacci over MACD. On the right side, you will find the account option to switch your account whenever you want.

Lastly, set your expiration time for trading options and a specific amount you would like to invest. For CFD trading, select the correct multiplier, amount, and stop-loss.

Trading Indicators

Indicators are the key to analyze the market. The broker allows you to use multiple indicators. Not all indicators are possible to display here, though we have mentioned a few. 

These are:

  • MA
  • Bollinger Bands
  • Alligator
  • RSI
  • MACD
  • Parabolic SAR
  • ATR
  • ADX
  • Fractal
  • CCI
  • KDJ
  • DPO
  • Stochastic Oscillator
  • Awsome Oscillator
  • Ichimoku Cloud
  • Belkhayate Timing
  • Momentum
  • Williams’ %R

Technical indicators are useful for quicker market analysis. Set the indicator according to your choice and apply it.

You can save your indicators to apply them to any chart in the future. Traders often use sentiment analysis that shows the current market mood or the ratio of selected assets.

A trader can set the time frame, which will show the high and low value of assets. It is possible to see traders from other countries who are placing an order in real-time. The volume will show an interest in the trading asset.

Trading Charts

On the IQ Option trading platform, traders will find four types of trading charts. You can set the colour from the display settings.

These are:

  • Line
  • Candles
  • Bars
  • Heikin-Ashi

Time interval starts from 5 seconds to a month. Traders will get a price range depending on the time interval. This time interval applies to Candlesticks and bars.

Graphical Tools For IQ Option Platform

Graphical tools are mainly useful for trend analysis. By using these tools, you can draw and mark lines on the chart.

There are 5 types of Graphical tools available in the IQ Option trading platform. These are:

  • Line
  • Trend Line
  • Horizontal Line
  • Vertical Line
  • Fibonacci Line

Tournaments

A tournament is a competition between traders where everyone can take part. It is an opportunity where traders can test their trading skills against other traders.

It requires a small amount of fee to take part in a tournament. However, it’s not fixed. It will depend on how big the tournament is. The entry fee starts at $2.

The re-buy option applies to some selected tournaments where you can reload your account balance with actual money. If you win the competition, they will automatically credit the prize money to your account balance.

Traders will find news on all open and upcoming tournaments in their tournament window.

Withdrawal and Deposit

IQ Option provides a wide range of deposit and withdrawal options based on your country. Even the minimum deposit amount is subject to change based on the funding method. 

However, the minimum deposit amount is $10. And the same goes for withdrawal options.

Let’s dig into the next step.

- IQ Option Deposit:

IQ Option offers zero charges while depositing money.

One can deposit money using Visa, Master Card, Bank Wire, Perfect Money, AdvCash, Neteller, Skrill, Astro Pay card, Maestro, or Web Money.

Eventually, the fund will show up in your trading balance instantly after depositing the amount.

It is impossible to change the currency once you have made the payment. Select the currency carefully before proceeding with the payment.

Besides, you can make your payment through Bitcoin. It will convert fiat currency into your real account. The option of depositing via PayPal is not available on their website.

- IQ Option Withdrawal:

The minimum withdrawal amount starts from $2; however, the maximum withdrawal amount is $1,000,000. If you want to withdraw less than $2, you need to contact IQ Option’s customer support.

You can withdraw up to $1,000,000 per day. However, the number of withdrawal requests is not limited.

As per their rules, traders will be changed with a 2% withdrawal fee starting from the 2nd withdrawal per month”. The commission is equal for all withdrawal methods.

They need a verified account to make a withdrawal request. Approximately, it takes 3 business days to withdraw the money. 

To know why traders can’t withdraw their profits, read this article carefully. 

- How to Deposit and Withdraw with a Local Bank: South African Republic:

How to Deposit:

  • Select your deposited amount with the preferred local bank. You will find the complete list on the website.
  • Select the currency type.
  • “Go to payment.”
  • After redirecting to the payment gateway, input your necessary information to log in.
  • Verify your login with the OTP code.

How to Withdraw:

  • Choose your local bank from the list and input the amount.
  • Click the “withdraw funds” button.
  • You will successfully send your withdrawal amount.

- How to make a deposit with your Local Bank in Thailand, Indonesia, Malaysia, Vietnam:

How to Deposit:

  • Choose the amount and preferred local banks from the IQ Option website.
  • Click the “Go to payment” button.
  • After redirecting to the payment gateway, input your necessary information to log in.
  • Verified your login with OTP code. 

You can read a detailed guide on IQ Option Withdrawal And Deposit Method, which explains how you can deposit and withdraw through various methods for various countries, including withdrawal proof and problems in IQ Option.

Contact And Customer Support

The help and support team of IQ Option is very proactive, cordial, and available 24/7.

Over 79 dedicated customer support members are available to help traders. We have asked several questions through the live chat and got an immediate response, which was impressive.

Such a quick response is necessary for a new trader so he can resolve his problem.

Besides, for any query, a trader can send an e-mail, and the reply will be back within the mentioned timeframe.

You can also find them on social media like Facebook, Telegram, Twitter, YouTube, and Instagram. Traders will get all updated news from these sources.

Traders can also communicate via contact number. On their website, you will find all the numbers depending on which country you belong to.

Advantages - IQ Option

So, what are the core benefits of using this fantastic broker? You will get many brokers who offer much more lucrative features, but why IQ Option? 

Apart from this, the following bullets are also noticeable:

  • Intuitive platform
  • Unlimited demo account
  • Dedicated customer support
  • Hassel-free withdrawal
  • Vast trading education
  • No scam report

Cons

We could not find any significant drawbacks regarding their platform and operation—several people in forums have made claims about the IQ Option multiplier.

IQ Option multiplier is not the same for all countries.

Another drawback that we count as a minor is that traders can not contact their support team through live chat without sign-in on the platform.

Is IQ Option Scam or Not

We hardly found a few objections regarding this broker during our research, but those are not major. We have got complaints about the withdrawal process.

Due to the lack of proper knowledge, many traders ignore to read the withdrawal terms and conditions. So, it badly affects at the last moment when they sent the withdrawal request.

Moreover, IQ Option uses powerful encryption technology to protect the client’s data. They secure the data via Transport Layer Security during the transmission from client devices to the broker server.

Also, they have created a proprietary trading platform to avoid unwanted situations. Moreover, appropriate client management helps them to build trust among all traders.

After all, they achieved awards for their tremendous effort in the trading marketplace.

Final Words

In the end, we are pleased that IQ Option is very caring for the new traders and offers many promotions and services for them.

We also admire them for providing a demo account with unlimited funds.

IQ option’s prosperous education sector will help new traders to know about trading strategies, indicators, tools, etc. 

So, start trading with IQ Option to win a maximum profit by investing a minimum amount.

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Deriv Broker Review 2024: Is Deriv Legit or Scam?

Deriv Review Binoption

Deriv Review 2024: Is The Broker Scam or Profitable?

As a trader, it’s important to choose a broker that you can trust. With so many options out there, it can be difficult to determine which ones are legitimate and which ones are scams.

For this reason, we are here to answer a question everyone wants to know: Is Deriv Legit or Scam?

Let us assure you that Deriv is a legitimate platform that has been in the market for over 20 years. It has a strong reputation in the industry and has won several awards for its services.

You remember, the most famous broker Binary.com is re-branded to the Deriv.com trading broker. The broker in question is highly professional and secure, and they truly care about their clients.

In this Deriv Review, we will explain why this platform is innovative compared to the older one. We will also cover specific features, unique DMT5 platform, minimum deposits, withdrawal procedures, etc.

So, keep reading to find out the truth.

Deriv.Com Broker Review: What Is Deriv?

Deriv Review Binoption

High Capital Risk Is Involved In Financial Trading

 

When it comes to trading platforms, Deriv Broker truly excels. As mentioned, Deriv is the rebranded version of Binary.com

On their 20th anniversary in 2020, they launched a platform tailored to traders’ needs. Also, the new trading platform ensures a seamless trading experience every step of the way.

We found that the broker platform is user-friendly and ideally suited to beginner and expert traders. 

Besides, the company has become a market leader because it delivers trusted leading products worldwide. You can trade the most significant financial market via multiple enhanced platforms. Diversified financial instruments under Forex, Options, Commodities, Indices, and Stocks.

It also provides an expanded range of products with different trading advantages. Anyone can customize the platform with different charts and software after opening an account.

Note that you can open an account minimum with zero amount.

Why Choose Deriv?

The only way to select the best platform is to recognize the opportunities that would differ from others. We’re not going to guarantee you a fixed profit ratio.

But we have an amazing user experience with a good return rate.

There are numerous compelling reasons to choose Deriv as your preferred broker.

But, according to our research and their promising words, the following features make them one of the leading online trading service providers.

  • Multiple regulations 
  • Minimum deposit $5 
  • Minimum trade 0.01 lot
  • 100+ tradable assets
  • Demo account facility
  • Multiple trading platforms
  • Maximum payout ratio of 200%
  • Automated trading facility 
  • MT5 integration
  • Deposit bonus
  • 24/7 available support team
  • SSL encryption 
  • Multiple payment methods
  • Fast withdrawal 
  • Tight spread 
  • Client money protection
  • Multiple powerful platforms
  • Available weekend trading
Open Account

(Risk warning: You capital can be at risk)

Regulatory Information

A regulated platform provides peace of mind for you. Also ensures that you will not be defrauded and your money is safe.

On that note, Deriv is a multi-regulated platform. For the detailed information, you can visit the link.

Each of the regulatory body responsible for ensuring the integrity and reliability of a particular region. Besides, it is wise to check the regulations before selecting any binary options trading platform.

Signup And Login Process

For traders, one of the biggest causes of frustration is signing up for an account – slow, inflexible, and inconvenient.

However, online brokers like Deriv usually try to make it simple and user-friendly. It’s an innovative solution that lets traders sign in quickly. 

But for active traders who already have an account with binary.com can use the same credentials to log in.

New users follow the bellow steps:

  • Create a demo account by simply entering your valid email address and password.
  • A verification link will be sent to the provided email address.
  • Enter the main dashboard by clicking that link.
  • Select the country name and set a password
  • Start trading

Lastly, your account is ready to open up a position with a $10,000 virtual amount. Besides, traders can also sign up by using Google or Facebook login details.

How To Open Deriv Real Account

To research the platform, we started with a demo. But to analyze the product and service deeply, we decided to open a real account.

Here, we’re sharing our experience step by step. You will find this innovative thing that was missing in the old Binary.com platform.

The following will be discussed gradually.

  • Choose your currency
  • Complete details with first name, last name, date of birth, and mobile number
  • Enter your valid address details, which are the same as in your proof of address
  • Read carefully and agree with terms and conditions

To be processed instantly, deposit a minimum amount of $5 to start trades with your favorite trading instruments. 

You don’t need to verify your account unless the team contacts you via email. If necessary, the team will provide instructions on how to submit valid documents.

Deriv Demo Account

The demo account is a blessing for a novice trader. We also urge our readers to practice and learn the fundamentals of trading before playing with real money. Because online trading is exciting but involves risk factors.

A trader could learn about the dashboard. You can also learn how to position trades with a demo account by evaluating the market with numerous methods. 

Also, you can create strategies and tactics that make you more accountable than before.

Moreover, you can trade with virtual funds without endangering real money. Also, trading with a risk-free virtual account is possible as long as you want.

So, you are having:

  • A risk-free trading account
  • Unlimited virtual amount 
  • Can analyze the charts and tools
  • Understand how the platform works

Deriv Trading Platforms

Multiple separate improved platforms are going to give you a fresh experience. The platforms are now relatively easy and more flexible to use. Therefore, the Deriv platform provides everything under one roof.

Here is the summary

  • A demo account
  • Over 100 tradable assets
  • Very tight spread
  • 24/7 trading
  • Sharp prices
  • Instant execution

Below, we will give you an overall idea of each platform by sharing the core features.

- DTrader:

DTrader is a simple trading platform with over 50 tradable assets such as Forex, Synthetic Indices, Stock Indices, and Commodities. 

You can also customize the chart with technical indicators and widgets to make it more user-friendly. In addition, it will also help you make a more intelligent trading decision.

Select the preferred trading instruments from the asset list. After that, analyze the market with the right tools, indicators, and trade.

The benefits that you will get from DTrader are: 

  • Minimum stake starts at $0.35
  • Flexible trade duration of 1 sec.-365 days
  • Potential payout of approximately 200%
  • Maximum Ticks 10

There are four types of trades available to traders. These are the following: 

  • Ups & Downs 
  • High & Lows
  • Digits
  • Multipliers

You can check the open position and the profit table in the report section. Also, view all transactions on your account, including transactions, deposits, and withdrawals, from the statement section.

- Deriv X:

It is now possible for you to design a platform that meets your requirements. Deriv X is a customizable multi-asset trading platform. Moreover, the platform gives you a versatile trading experience in multiple markets. 

Having said that, let us take a closer look at what sets it apart from other trading dashboards.

  • Multiple markets on a single platform
  • 24/7 trading
  • Drag and drop widgets
  • Intuitive tools

Even more, you can view multiple charts with over 90 indicators and 13 drawing tools.

If you are new to this platform, read how to trade on Deviv X to know more about this platform interface. 

You will find two types of accounts and choose one that benefits you. 

Trade CFDs on the popular market Synthetic indices that simulate real-world market movement using Synthetic accounts. And trade stocks, forex, basket indices, commodities, and crypto with high leverage via the Financial account. 

So, you can enjoy:

  • Customization facility
  • Zero commission

- Smart Trader Deriv:

The SmartTrader platform is built in-house by Deriv.com and is preferred for its reliability and ease of use. For traders who trade digital options, SmartTrader is an ideal option. 

As a result, you get more functionalities and options for opening a trade. 

On the other hand, you will get multiple markets to trade-in. 

There are four types of trades available to traders. These are the following: 

  • Ups & Downs 
  • In/Out
  • Touch/No Touch
  • Digits

- Deriv MT5 Platform:

Deriv-MT5-Platform-Binoption

The DMT5 platform is best suited for expert traders. Traders will have access to the MT5 network. You can run the MT5 application both from your browser and trading device. 

From now, you can trade multiple asset classes from a single platform. 

Taking a closer look at DMT5, let’s find out what makes it so popular with expert traders.

  • Quick demo account
  • Multiple assets
  • 24/7 trading
  • 100+ trading assets
  • Leverage up to 1:1000

On the other hand, traders will get a comprehensive platform with analytical and research tools. Traders of any skill level will get everything under one window. 

It’s easy to open multiple trade panels simultaneously or to separate them and re-locate them.

- Deriv DBot (Build Your Customized Bot):

DBot or Deriv Bot is an automated trading robot that allows you to automate your trading without writing codes. You can just drag and drop the blocks to make a bot. 

The three advantages you’re going to get with this bot are: 

  • Three pre-construction strategies 
  • Zero cost of building 
  • More than 50 tradable assets

Moreover, you can also create a customized bot using different popular strategies without being a coding master.

You can also maximize your profits and reduce losses by using analytics tools, indicators, and intelligent logic.

Those who have already used the binary.com bot know that traders can save strategies on their Google Drive and carry them anywhere. 

Traders can also use the same methods in DBot. The working process is simple. All you need to do is:

  • Select tradable asset
  • Set purchase conditions
  • Set restart conditions
  • Run bot 
  • Check the earnings

If you’re stuck at the same point, please get integrated help by accessing tutorials, guides, and reference information.

Read the DBot review to know the details. 

Trade On DBot

(Risk warning: You capital can be at risk)

- Deriv cTrader:

Deriv cTrader is a featured-rich CFD trading platform. It is a user-friendly platform that presents an intuitive dashboard design. Moreover, the platform offers many features for both new and experienced traders. 

Additionally, you can trade multi assets, like forex, stocks, stock indices, commodities, cryptocurrencies, ETFs, and derived indices. The dashboard shows over 200 tradeable assets. 

On the other hand, cTrader also offer tools to limit your trading loses. 

So, the trader will enjoy:

  • Zero commission trading
  • 24/7 trading experience
  • Copy trading facilities
  • Intuitive trading interface

- Deriv Go:

Introducing a platform that simplifies your day-to-day trading experience. That means you can now trade from anywhere and anytime without being present at home. 

Trading multipliers on the go is possible with a mobile trading apps called Deriv GO.

Moreover, you can trade forex, synthetic indices, and cryptocurrencies to maximize your profit potential while risking less than your initial investment.

Enjoy the enormous benefits of the app by downloading it.

Let’s have a look at why traders love to download this app:

  • User-friendly platform
  • 24/7 trading 
  • Up to x1000 profits
  • Minimum stake of $1
  • Better risk management

Deriv Account Types & Features

There are three forms of accounts available, from which you can select yours. Besides, each account has unique features and advantages. On the other hand, account access will depend on your geolocation. 

The types of accounts you can access in the EU can be different from those in Singapore or South Africa. The reason for this is EU regulations and licensing.

The accounts are: 

  • Synthetic
  • Financial
  • Financial STP

#1 Synthetic Account:

Synthetic accounts allow traders to trade CFDs on our Synthetic indices that simulate real-world market movement. In our DMT5 Synthetic account article, we have included everything.

Here are a few things to consider.

The maximum leverage for this account is 1:1000. It’s extremely convenient to be able to trade all week long. 

Account Features: 

  • Leverage                   1:1000
  • Margin call                 100%
  • Stop out level            50%
  • Minimum deposit      $5
  • Commissions             None

#2 Financial Account:

With the financial or standard account, you can trade majors and minors forex, stocks, stock indices, commodities, basket indices, and cryptos. This account is absolutely perfect for both novice and professional traders. 

If you are looking for some stunning features with high-level leverage, go for this account. Plus, you get maximum convenience with the changeable margins.

Account Features

  • Leverage                   1:1000
  • Margin call                100%
  • Stop out level           50%
  • Commissions            None

#3 Financial STP Account:

Trade popular currency pairs and cryptocurrencies with straight-through processing orders (STP) via a Financial STP account. The account will allow you to trade major, minor, and exotic currency pairs with tight spreads. 

Additionally, you will have a high trade volume with a 100% book account. Generally, the book account is something in which investors’ trades are sent directly to the marketplace. So, the FX liquidity provider is now accessible directly to traders. 

Account Features

  • Leverage                    1:1000
  • Margin call                 100%
  • Stop out level            50%
  • Commissions             None
  • Number of Assets     150+

Trading Instruments And Market:

Deriv Trading Instruments - Binoption

Over 100 trading instruments are available for trading on the Deriv platform. The increasing trading form will offer you separate benefits from the other.

Trade in the diversifying trading instruments is now available through margins, options, and multipliers. 

Margin trading is available on the MT5 platform that allows you to buy larger asset units. Both digital and call/put spread options are available on DTrader, SmartTrader, Deriv X, and DBot. The DTrader platform allows multiplier trading only.

~ Forex:

Forex is the largest financial market you can trade on this platform with popular forex pairs. The advantages you would get from this broker are as follows: 

  • High-Leverage 
  • Tight spread 
  • Advantage chart widgets

~ Synthetic Indices:

With several years of experience, Deriv has brought together many unique and revolutionary idea for trading that provides you the opportunity. 

Synthetic indices are one of them. It is a famous market that gives you a secure trading experience. 

The form of trade is unique. You can trade whenever you want. Moreover, the best part is that the market is unaffected by regular market hours, global events, or market and liquidity risks. 

So, now your charts are protected against natural disasters and disturbances.

The other benefits you will get from the Synthetic Indices Market are: 

  • User-friendly dashboard 
  • Free from real-world market risk
  • Trading 24/7 
  • Innovative trade types

Get a feel for this outlandish market by registering for a demo account.

~ Stock Indices:

For those who like to trade the broad market without owning the underlying assets, stock indices are the best option. In addition, it will allow you to open a place outside the standard hours of major stock markets. 

Other benefits that suggest why traders need to invest in Deriv stock indices: 

  • The requirement for capital is minimal 
  • Limited Risk 
  • Extended trading time, up to 18 hours

~ Cryptocurrency:

There are large numbers of people throughout the world who are interested in crypto trading as a potential source of profit.

With the crypto world booming, it’s hardly surprising that many people want to join the party. That’s why platforms like Deriv allow traders to trade in the highly liquid market with 24/7 trading.

Benefits that you will receive 

  • 1:1000 leverage
  • Tight spreads
  • Over 25 crypto pairs
  • Zero commissions

Market conditions are hot but are expected to get even hotter. Don’t miss out on the opportunity to grab a slice of the pie.

~ Commodities:

Traders profit from market fluctuations in precious metals such as silver, gold, oil, etc. 

The key advantages that the trader would have are: 

  • Competitive fixed and variable spreads
  • Free from commissions 
  • Superior chart technology
  • Easy to use dashboard
  • 24/7 trading experience

~ Basket Indices:

Trade your favorite currency against a basket of major currencies and benefit from reduced risk and volatility.

Let’s see what more is waiting for you: 

  • Each currency weighted by 20%
  • High leverage
  • Tight spreads 
  • Advanced charting widgets

Deriv Trading Multipliers

Whenever we think of trading options, we immediately envision going through the stress of choosing a direction.

  • Identifying a trend or
  • Predicting a reversal

Deriv multipliers remove the element of direction. And giving you leverage without all the hassle.

It means that when the market moves in your favour, you’ll multiply your potential profits. If the market moves against your prediction, your losses are limited only to your stake.

Spread, Commission & Leverage

In Deriv, you can enjoy the tight spread with a minimal fee. For the competitive spread, the broker has received a huge positive wave from traders. On the other hand, inactive accounts may be penalized after a year.

Traders can leverage up to 1:1000. Due to this, traders can open a big position with little money. However, the margin limit and leverage ratio will vary depending on the account type and country

Deriv Mobile Trading

Deriv is one of the most interactive brokers or brokerage firms that is easy to navigate.

The mobile trading platform is available in Deriv. Mobile trading is the best tool for traders who check their ticks’ movement within a trading time frame.

Although, placing trades through mobile apps may not be the best choice.

Trading Bonus

Deriv does not provide a lucrative bonus for traders. The company is more likely to focus on quality rather than spamming people with bonuses. According to the company’s main website, Deriv offers no welcome bonuses or promotional codes. 

So, in summary: 

  • Deposit Bonus – No
  • Welcome Bonus – No
  • Referral Bonus – No

However, the broker offers attractive trading conditions and the most impressive dashboard ever. Additionally, you’ll get access to a comprehensive education section to learn about the trading market.

This can be regarded as an additional benefit.

Deriv Customer Support

The Deriv customer service Center is available 24/7 to address trading-related issues, including technical assistance. You can also visit the support page to answer your questions, which is the fastest way. 

In addition, you can either call them directly at their international support desk or send them an email.

Deriv Deposit And Withdrawal

Deposit And Withdrawal Process-Binoption

Deriv provides traders with multiple methods of depositing and withdrawing funds, including

  • wire transfers
  • credit and debit cards
  • e-wallets, and
  • cryptocurrencies.

Funding accounts through the payment manager is possible if your country supports the service. The deposit and withdrawal process only requires one business day, except for the bank or money transfer service.

Deriv minimum deposit amount is $5, but other forms of payment may have different minimum amounts. In addition, there is no minimum amount for crypto deposits.

Similarly, the minimum withdrawal amount is $5.

  • Bank wire transfer – minimum deposit begins at $5 and will take 1 or 2 business days. 
  • Credit/debit card– minimum deposit amount is $10 for credit or debit cardholders. Deposit processing time is instant; however, to withdraw money will take a business day. 
  • E-wallets–Skrill, Neteller, PaySafe, Fasapay, and WebMoney, are all accessible with a minimum amount of funding.
  • Cryptocurrency – No minimum deposit is required

Genuine Traders Review On Deriv

In this article, we’ll look at what you need to know about customer comments and reviews about Deriv.

Apart from the positive feedback, we found some negative reviews of this broker. But in most cases, the feedback was not well-explained. Consequently, we believe that maybe it was just an unfortunate day.

And the deriv customer support team replied to all of the worried traders.  

Here are some negative words:

According to our experience, the broker has designed its platform for any type of trader. Because of that, you can trade even with limited knowledge.

However, trading is a riskier business, which is why we advise readers to gain a proper understanding of trading before investing. 

Is Deriv Legit?

Yes, Deriv is a legitimate trading platform that operates under the strict guidelines of various regulatory bodies

If you are looking to trade with a reliable binary options broker, look no further. The reason is that Deriv offers everything that a trader needs to trade on the financial market.

In addition to being legitimate, they are also free of scams. So, you just need to put your effort into finding the best inside the platform.

On the other hand, there are many trading platforms for binary options, but none can surpass it.

Moreover, it enables every user to practice trading in a risk-free environment. The free demo trading accounts are ideal for allowing traders to learn about binary options.

The following advantages are why millions of traders choose this trading broker. Also, why people are giving it the highest priority over anything else.

  • A wide range of trading assets 
  • Available support for 24/7
  • Multipliers to increase potential profits
  • Three different trading platforms
  • Zero payment fees for both deposit and withdrawal methods
  • Trading timeframe starts from 1sec to 365 days

 

Disadvantages That They Can Resolve

The popularity of Deriv shaded the minor drawbacks strongly. However, we believe that the broker can find a solution to existing liabilities. 

Because overcoming these drawbacks, the platform could be more efficient than before. 

  • No Welcome Bonus 
  • Lack of a social or copy trade feature

Frequently Asked Question (FAQ)

New traders ask the same question repeatedly, but those questions get buried or missed. It would be far better to have a central place. 

In this article, we will explore 5 of the most frequent questions that traders look for. 

So if what you’re really looking for is a complete list of all the starting questions,

I’ll point you to these general Deriv FAQs (especially for new traders).

1. What is Deriv Dbot?

Deriv Dbot is an automated trading robot that uses reading algorithms to identify market movements. And then place orders without requiring the assistance of a human.

Using this tool, users can create their own indicators, analyze market trends, and test strategies before deploying them in the market.

It’s a platform where you can build your own trading bot using drag-and-drop ‘blocks’.

2. What is the minimum deposit?

The minimum deposit is $5. So, you can open a real account just by depositing this amount.

3. How do you trade?

Deriv is a multiplatform trading broker that enables multiple doors for traders depending on their skill level. You just need to choose from the list and follow the steps.

4. Is Deriv offer MT5?

The Deriv broker does offer the MT5 platform, which is named DMT5.

5. Can I have 2 Deriv accounts?

No, you can’t open more than one account. The team reserves the right to block or withhold the funds and suspend or close the account without prior notice.

6. What type of trading Deriv offers?

Deriv offers three types of trading on multiple assets. 

  • CFDs
  • Options
  • Multipliers

Is It Worthy To Trade With Deriv?

The broker seems to be a safe choice for traders of all kinds.

Moreover, the minimum funding amount is also part of the grant; everyone can start with a small amount.

In addition, user benefits, including multiple regulations, also ensure a secure trading environment. Deriv is a trusted and reliable broker in our testing.

If you are a novice looking for a safe and reliable service, this broker is pure gold for you.

Conclusion

We have covered the key points in this review. So why wait? Open an account with Deriv today and start trading with confidence.

Signing up is quick and easy, and you’ll have access to all the tools and resources you need to succeed. Take advantage of this opportunity to take control of your financial future – sign up now!

Pros
  • A wide range of trading assets
  • Available support for 24/7
  • Multipliers to increase potential profits
  • Three different trading platforms
  • Zero payment fees for both deposit and withdrawal methods
  • Trading timeframe starts from 1sec to 365 days
Cons
  • No Welcome Bonus
  • Lack of a social or copy trade feature
Review Overview
Regulation
Demo Account
Platform
Withdrawal
Trust
SUMMARY

Deriv is a new broker established by the Deriv Group. The story begins in 1999 with BetOnMarkets, which was rebranded as Binary.com in 2013. Again, in 2020, they agreed to celebrate the 20th anniversary of innovation and development by launching a new trading platform called Deriv.
5.0
Posted on

Pocket Option Review – Is PocketOption Safe And Trustworthy?

Pocket Option Review - Is PocketOption Safe And Trustworthy?

If you are looking for an electrifying trading platform, Pocket Option is one that holds the key to your financial success.

The broker platform is just perfect with multiple options to facilitate traders. 

In this thrilling Pocket Option review, we unlock the secrets of Pocket Option, revealing its cutting-edge features, diverse trading options, and the reasons behind its unmatched reputation.

Also, this review will guide you through every aspect of Pocket Option – the best broker in town.

Get ready to unleash the trader within you!

Pocket Option Review

Unravel the secrets of the best binary options broker in our in-depth Pocket Option review. Find out why this platform leads the market and opens doors to limitless possibilities. With its user-friendly interface, secure platform, and wide range of assets, Pocket Option stands out as a top-rated choice for traders. Discover its key features, account options, and customer support to make informed decisions for successful trading. 

Start your journey today with Pocket Option and unlock new opportunities in the world of binary options.

What Is Pocket Option?

Pocket Option Review-Binoption

Pocket Option is a popular online platform offering binary options, forex, and cryptocurrency trading. The broker is an example of simplicity and user-friendliness. 

The platform is one of the leading platforms for traders of all levels.

It will offer you a seamless trading experience through its registered platform. It was founded in 2017 by some talented heads who joined the team to build a top-notch trading house for traders.

Statistics show that it has more than 10 million registered users.

The number is huge!

On the other hand, Pocket Option is a part of the Gembell Limited Holding company. The company has an IFMRRC certification that ensures quality and OTC market access. 

At the same time, the broker has other advantages that push traders to get involved with them.

More than 100 trading assets are available. Pocket Option is known for its low minimum deposit requirements, which make it a popular choice for novice traders. Moreover, you will get other noticeable benefits that we will review individually.

So the facts are –

  • Any reputed company does not regulate the broker
  • Low deposit amount
  • Seamless trading platform
  • Over 100 global trading assets

Why Choose Pocket Option?

Till now, you plucked multiple pieces of information. But in reality, the only experience you will gather is if you have the opportunity to experience it in real.

But before diving in, let’s explore why this broker could be your go-to choice.

Let’s find out the key factors/features of this broker that place it in the best condition.

  • A low initial deposit of $5
  • Minimum trade $1
  • Trading instruments 100+
  • $5 minimum investment
  • Payout ratio 92%
  • Demo account $50,000
  • Social Trading
  • Comprehension education
  • Dedicated customer support team
  • Mobile trading
  • 50+ payment methods
  • Bonus & promotional offer
  • Minimum withdrawal of $5

Is Pocket Option Regulated?

Broker’s regulation is a superior part that you can’t ignore. Have you considered the potential risks of investing with a broker that is not regulated?

90% of traders will have an unfavorable answer. However, there is a gap between regulated and licensed brokers. 

Pocket Option is not regulated by any major financial regulatory authority, such as the U.S. Securities and Exchange Commission (SEC) or the Financial Conduct Authority (FCA) in the United Kingdom.

Instead, Pocket Option is licensed by the Autonomous Island Of Mwali (Mohéli) Comoros Union. 

That’s an interesting point! 

It seems like the regulation part might still be a bit premature. However, it is a licensed broker that also secures your investment. 

On the other hand, if you ask me to add something, I recommend you take your decisions wisely. 

How To Open Pocket Option Account?

Setting up a trading account with Pocket Option is a simple process. Below is a step-by-step instructions to assist you:

- Pocket Option Sign-Up

To begin, visit the Pocket Option website and click the “Sign Up” or “Register” button.

You will be directed to a registration form that requires basic information, such as your

  • Name
  • Email address
  • Password

You can also sign up by using social channels like Facebook or Gmail. 

It is my recommendation to go for something other than the social channels. It is better to open an account with a registration form to secure your account and receive push mail with offers. 

Once you have filled in the required details, click the “Sign Up” button to complete the registration process.

- Pocket Option Login

Before login, check your mail.

You will get a verification email to the provided email address. Click on the verification link to confirm your account and gain access to the trading platform.

So, to log into the account:

  • Enter the registered email address
  • Password

Click the “sign in” button to complete the process. 

Open Account

Pocket Option Profile Level

As with any trading platform, Pocket Option offers different profile levels. The profile level represents the loyalty to the platform. One can unlock each level after completing the existing criteria. 

Moreover, the broker provides various premium features and trading benefits to the high-profile level trader.

Let’s take a closer look at the available profile options:

1. Newbie:

Take the first step towards becoming a successful trader with a newbie level. It is a perfect start for new traders. With a small investment, you can open an account. 

The benefits that they will get are given below:

  • Balance less than $100
  • Transaction limit $1000
  • Social trading facility
  • All types of tournaments

2. Beginner:

This account level is also for beginner traders who are just getting started with their trading journey. It offers facilities to beginners with the following:

  • Balance less than $100
  • Maximum transaction $1000
  • Social trading facility
  • All types of tournaments, trading achievements

3. Experienced:

If you have a minimum balance of $1000, then you will level up your account to the experienced level. Also, they will have the premium gifts.

Traders with this level gain access to exclusive analytical tools, personalized assistance, and higher trading limits.

  • Minimum balance $1000
  • Maximum transaction $1000
  • All types of tournaments
  • Forex MT5 trading
  • Increased payout by 2%

4. Master:

The master profile level announces your strong grip on trading. However, the minimum balance should be $5000. 

Profits from trades executed with a 1-pip difference and an investment of up to $10.

  • Minimum balance $5000
  • Maximum transaction $2000
  • All types of tournaments
  • Forex MT5 trading
  • Personal discount in the market
  • Increased payout by 4%

5. Pro:

To enjoy the expanded features and additional benefits, you have to complete the master level and enter the pro trading level. Pro-level holders enjoy the lucrative benefits. 

Profits from trades executed with a 1-pip difference and an investment of up to $50.

  • Minimum balance $15,000
  • Maximum transaction $3000
  • Increased payout by 6%
  • High-priority withdrawal processing
  • Personal manager

6. Guru:

The last-level traders who hold everything that Pocket Option promises. Guru level is full of cutting-edge and exclusive offerings for the most seasoned and ambitious traders.

You’ll have the privilege of exclusive insights from industry experts and receive tailored trading strategies to fuel your success.

Profits from trades executed with a 1-pip difference and an investment of up to $100.

  • Minimum balance $50,000
  • Maximum transaction $20,000
  • Personal manager
  • Extended list of indicators 
  • Increased payout by 8%

Pocket Option Trading Account Types

As with any trading platform, Pocket Option offers different account types to cater to the diverse needs of its users. Each account type comes with its own set of features, benefits, and minimum deposit requirements.

Let’s see their offered accounts:

- Quick Trading:

For those who aim to trade binary options, the quick trading account is perfect for them. It’s a proprietary platform. 

The benefits that it share: 

  • Payout ratio 92%
  • Wide trading instruments
  • Zero spread
  • Zero leverage

- MT4 & MT5 Account:

MT4 & MT5 account is a professional platform for expert traders. This account type is suitable for both CFDs and currency traders. 

The additional features:

  • Leverage is up to 1:1000.
  • Variable spreads are from 1.2 pips.
  • No trading fee. 

- Shares Account:

A shares trading account is a special Meta Trader 5 account for CFD traders who trade on stocks. 

You will get the additional features that make this account acceptable to professionals.

  • Minimum order is 1 lot
  • Leverage is 1:1.
  • Spreads start at 10 units of base instrument currency.
  • Shorter instruments list

Pocket Option Demo Account

A demo account is not just a blessing for traders but a tool to examine the platform before the war. Investors and traders have many windows here to open.

You can trade multiple assets with an outstanding payout. However, you can’t withdraw the virtual currency. On the other hand, professionals can use demo accounts to create and test strategies.

The Pocket option virtual account will give you the wings to navigate the platform thoroughly.

Here are some compelling reasons why a demo account:

  • Virtual currency worth $10,000
  • Intuitive trading platform
  • No limited timeframe
  • Zero financial loss
  • A/B testing without any monetary risk
  • Risk-free environment

Platform Overview

Pocket Option Platform-Binoption

Pocket Option is a user-friendly and accessible trading platform that connects traders of all levels of expertise. With a wide range of trading assets, including forex, stocks, cryptocurrencies, and commodities, traders can diversify their portfolios and explore various financial markets.

The platform offers a demo account for risk-free practice. A demo account allows beginners to gain valuable experience before trading with real money.

Pocket Option also provides various bonuses and promotions, enhancing the trading experience for its users.

Traders can access the platform through web browsers or the mobile app, ensuring that they can stay connected to the financial markets at all times. Customer support is available through multiple channels.

Pocket Option’s social trading feature opens new possibilities for beginners and experienced traders, fostering a collaborative and supportive trading environment.

As we know, copy trading can be another way to define success.
To understand the platform’s features and how it works, I chose to trade with a demo account.

  • The platform is a powerhouse for traders
  • Wide range of trading tools
  • Social trading
  • Signals for trading automation
Open Account

Pocket Option Mobile Trading

Pocket Option allows traders to trade on the go. The mobile trading facility opens the window of possibility where you can trade without spending hours in front of a laptop.

The app is compatible with both Android and iOS devices, making it accessible to a wide range of users.

So, you will get:

  • User-friendly interface
  • Platform similar to the web version
  • Seamless trading experience

With the mobile app, traders can stay connected to the financial markets at all times. The app provides access to real-time market data, charts, and technical analysis tools, empowering traders to make informed decisions from anywhere.

Pocket Option Social Trading

Social trading is one of the best features for traders. It is a unique opportunity that allows you to copy trades from professionals. 

With social trading, traders can follow experienced and profitable traders, known as “leaders,” and automatically copy their trades in real time.

Without spending money, you are learning and earning at the same time.  

You will learn:

  • How professional traders trade
  • Learn from their strategies
  • Gain exposure to different trading styles
  • Manage settings depending on your current investment

The process is simple:

  • Keep track of the trader’s activity
  • Choose traders
  • Copy their trades
  • Get profit

If you are dying for a passive income, look no further. Copy trading or social trading could be your best choice. It’s an accurate income system that runs 24/7 without staying online.

How To Get Pocket Option Bonus & Promo?

Pocket Option Promo Code And Bonus

Bonus; who wants to avoid getting an extra payment? 

Pocket Option offers various bonuses and promotions to its users. These bonuses can enhance the trading experience and provide additional trading capital, potentially increasing your profitability.

Here are some quick notes:

  • You can cancel the bonus at any time
  • Active and not-executed the bonus will be deducted from your Real account’s balance
  • You can execute the bonus and withdraw it if your net trading turnover is not less than $2500.00

Common types of bonuses offered by Pocket Option includes:

Free Promo Code

- Welcome Bonus:

This bonus is typically offered to new users upon registering with the platform and making their first deposit. The welcome bonus is often a percentage of the initial deposit and is credited to the trader’s account automatically.

  • Bonus amount is 50% of first deposit
  • To get a bonus, a minimum deposit of $100

- Deposit Bonus:

The pocket option offers a deposit bonus based on the funded amount. The bonus percentage may vary depending on the promotion.

However, the minimum deposit to get this bonus is $50.

- Promo Codes:

A Promo code is available for traders for account replenishment. After opening the dashboard, you will get the promo code. 

  • Go to the “Finance” section
  • Get available promo codes
  • Get promo code “50START”
  • Click check

Now, enter your deposit amount to find the bonus amount.

Pocket Option Deposit Methods

Almost all brokers, including Pocket Option, do not require fees to open an account. Opening an account is entirely free. But, to start trading, you must deposit a petite figure or a considerable amount.

The minimum deposit starts from $5. However, the minimum balance or funding amount depends on the account type. 

Additionally, 50+ deposit methods are available for traders, including credit/debit cards, e-wallets, and cryptocurrencies.

Various methods make it convenient for traders to fund their accounts.

Note that:

  • The broker does not charge any fees
  • Can top-up your account in any currency
  • Available deposit bonus

Pocket Option Withdrawal Method

When it comes to withdrawals, a verified account is a must to create a withdrawal request. So, remember to verify your account with all necessary documents.

Just like the minimum deposit, there is also a minimum withdrawal amount. Please note that the minimum withdrawal amount may vary depending on the withdrawal method.

 

  • The minimum withdrawal amount is $10
  • The platform does not charge any withdrawal fees
  • Requests are processed within 1-3 business days

However, the withdrawal processing time may vary depending on the method and other factors. It is essential to review the terms and conditions to ensure a smooth and efficient process.

Advantages & Disadvantages Of Pocket Option

Selecting the right broker is a critical decision. Even a platform significantly impacts your financial success. Among the multitude of options available, Pocket Option has emerged as a notable contender.

To make an informed decision about whether Pocket Option is the best broker for you, let’s evaluate its advantages and disadvantages.

Let’s start with the pros section:

  • The user-friendly, cutting-edge platform allows you to trade with focus and power
  • Diversify trading instruments help you to diversify your portfolio 
  • A demo account permits traders to test and practice trading
  • Various bonuses and promotions increase the possibility of earning extras 
  • Different account types open the door to choose the best fit according to the trading experience
  • Mobile trading facility qualifies traders to trade from anywhere 

However, there a very few disadvantages I could able to find. 

  • The regulation may not provide the same level of protection as more established regulatory bodies.
  • You won’t have access to chat support as a demo trader

Pocket Option Customer Support Team

A reliable customer support system is vital for a smooth trading experience. 

Pocket Option offers multiple channels for customer support, including email, live chat, and telephone support. Traders can reach out to the support team with their queries. The responsive support staff aims to address these concerns promptly.

However, it is essential to note that the effectiveness of customer support may vary depending on the volume of inquiries. Some traders may experience faster response times, while others may need to wait for a more extended period.

So, the fact is, 

  • Only real account holders will get support chat
  • General chat option is available for verified profile

Pocket Option Complaint

As with any trading platform, users may have concerns about the legitimacy and reliability of Pocket Option. 

We have gone through different forums and also talked with top traders. Most of them are not happy with their chat support option. 

Apart from this, the rest are:

  • Regulation issues – the broker is not regulated by top authorities.
  • Withdrawal issue – though it’s a common cause; but happened as we ignore instructions.

Here comes the best part that we mentioned, withdrawal. 

Traders especially the new runner do not focus on account verification. And often open more than one trading account using the same identity. 

IT’S A SCAM!!

Pocket Option has the authority to close your both accounts without even warning you. So, please read the terms and conditions carefully. 

FAQ: Frequently Asked Questions

You had an amazing tour with us. So, your basic journey is over and you can now start with a demo platform to test the broker. 

But before that, it is essential to know a few FAQs that are frequently asked by traders. 

1. Is Pocket Option risky?

Trading itself is a risky game. You have to count each step carefully while investing money. Pocket option is not a risky broker, you you will carry risk if you don’t know how to trade and how to analyze the market.

2. Can you withdraw money from the pocket Option?

Definitely, a big yes. You can withdraw money from this platform but before that please fill the requirements they want. 

Verify your account with all necessary information and read the rules and regulations carefully.

3. Is Pocket Option legal?

Yes, pocket option is legal but not regulated with renowned regulatory companies.

4. Can the Сompany block my account?

No, you can’t open two accounts simultaneously. Pocket Options hold the right to block your account if they find any illegal activities. 

Also, if you don’t follow the rules, they will suspend your account without any prior notice. 

5. Do they charge any fees to open an account?

The platform doesn’t charge any fees to open an account. You can start performing trade with a demo account. It will help you to navigate the trading interface to know how the broker works. 

6. Does pocket options have any country restrictions?

Yes, pocket option has some restrictions. The broker does not accept traders from all countries.

7. What are the deposit and withdrawal options?

Pocket Option offers a wide range of options for depositing and withdrawing your money, so you can choose the one that works best for you. Whether you prefer a bank transfer, WebMoney, Perfect Money, Payeer, Advcash, Jeton, VLoad, Visa cards, Mastercard, or Maestro, they have you covered.

Conclusion

As we conclude our in-depth exploration of Pocket Option, it becomes evident that this trading platform holds the key to unlocking a world of financial opportunities.

While Pocket Option may not be under the regulation of prominent financial authorities, its commitment to transparency and customer care assures traders that their trading experience is taken seriously.

So, are you ready to embark on a rewarding trading adventure? With Pocket Option, the possibilities are limitless, and the path to financial success lies within your grasp.

Posted on

Binomo Review: Investment on Binomo App Trading Safe Or Scam?

Binomo Review - Binoption

Binomo Review: Investment on Binomo App Trading Safe Or Scam?

Binomo is one of the premier choices for traders who are looking for a secure investment room. Losses and profits are always present in every successful trade.

Further, a trader strives for maximum profit and minimal loss. So, finding a platform ideal for managing risk is daunting. And Binomo does everything under one roof.

On the other hand, they have flavourful features that will make your trading journey delightful.

In our Binomo Review, we will explore the ins and outs of this high-end trading platform. From regulation to the trader’s review, we will fill the bowl with everything one expects.

Binomo Review – What Is Binomo?

Binomo Review - Binoption

High Capital Risk Is Involved In Financial Trading

Since 2014, Binomo has been leading the trading industry with upgraded and quality financial services. The platform is owned and operated in the same year by Dolphin Corp LLC.

They came into the market with a clear mission of–

“An innovative trading platform with small investment”.

Additionally, the platform offers trading education and strategies for upskilling traders.

Isn’t it cool?

In short, it is a perfect broker for both experienced and novice traders.

So, the platform is regulated, unique, easy to use, and smooth. Even you won’t experience market manipulation. What else does one need?

Furthermore, the platform has kept funds in separate accounts to protect the traders’ funds. On the other hand, it also maintains a strict customer privacy policy.

As one of the world’s most secure trading platforms, Binomo is IFC-certified, and all client risks are insured following the current laws.

Most importantly, it offers high-quality customer service, market analysis support, quality training for beginners, and exclusive profitable trading conditions.

All these will give you an unbeatable return of up to 90% or more. Let’s uncover why a trader should trust Binomo or not.

Awards and Achievements

Awards-And-Achievements - Binoption

Binomo has few achievements and awards for their trusted service.

Here is the list of their awards –

  • 2016 IAIR Award (This award was for the best broker of the year)
  • 2015 Forex Expo Award (The best brokers for beginners)
  • Binomo is a Category “A” International Financial Commission Member

Regulation

Regulation-And-License-Binoption

Since 2018, Binomo is a Category “A” member of the International Financial Commission.

Binomo assures their traders that the platform is safe and secure to perform trades. If the broker does any fraudulent activity, the trader will get up to $20,000 from the Compensation Fund.

The complaint team will solve or find a proper solution within 72 hours if any trader file a complaint. 

The company also abides by delivering services, transparency, and protection of an independent professional organization. Moreover, by joining the Finance Commission in 2018, it reaffirms its commitment to maintaining the highest standards of commercial honor and best business practices.

Furthermore, the broker has successfully passed the audit by Verify My Trade (VMT). This company usually certifies the quality of trade execution. 

Why Binomo?

Thousands of online trading platforms are available, from the giant to the miniature. Not all of these are safe and secure for traders. And we understand how a regulated and high-quality trading platform benefits trades. 

So, our research into the Binomo platform was extensive to ensure quality and transparency.

Our research led us to choose Binomo as a broker among many because of some incredible features.

  • Regulated and Licensed 
  • Minimum Deposit $10
  • Investment low as $1
  • Min Withdrawal $10
  • Three Account Types 
  • Demo Account
  • Free Training
  • Mobile Trading facilities
  • Payout percentage 90%
  • Bonuses, Promotion, and Tournament
  • Trading instruments 70+
  • Non-stop trading mod
  • Smooth and Problem-free Withdrawal
  • Quality Customer Service
  • Trade on the Weekend

Login & Sign Up Process

Opening an account will cost you nothing. You can open a free trading account. Here are instructions on how to create an account.

  1. Go to their official website

  2. Fill the form with valid information

  3. Select the currency

  4. Agree with the terms and conditions

  5. Click the button “create account”

Now you can log into your account using the same password and email address. But before that, do not forget to complete your verification process.

Open Account

Account Verification

After opening an account, you must verify your identity by submitting legal documents. The company will ask for a copy of the client’s passport open to the page(s) with their photo and personal data or a copy of the front and back of their ID card.

In some cases, the company will also ask for utility bills, bank statements of their opening account, scanned copies of their bank cards, or other documents. 

Depending on the situation, the company will need 10-30 days to complete the entire process. But if any client refuses to provide documents, the company has the full right to suspend his or her account. 

Account Type

Binomo has three types of account Apart from the Demo Account.

Depending on the trading experience and trading criteria, you can choose one of the accounts. 

These are –

  • Standard Account
  • Gold Account
  • VIP Account

Standard Account:

Traders who choose a standard account can start trading by depositing $10. Moreover, traders of any experience level can open a standard account.

The minimum investment is $1. And a trader can trade with this minimum amount with real brokers.

Additionally, traders will receive analytical support. They can also participate in different tournaments and special offers. 

Moreover, you can trade most financial assets with a fixed profit percentage of 85%. Customers will get a welcome bonus after opening an account.

Active traders will get unlimited top-ups. The most attractive feature is that you can easily withdraw profits for up to 3 working days. Additionally, technical support is mandatory for all types of traders.

Gold Account:

Each Gold Account trader must deposit at least $500 to become a member. Unlike Standard trader, Gold Account trader is guided by a personal trade expert or a manager. Additionally, traders will have access to a broader range of assets.

You will also get the fastest withdrawals within 24 hours. Similar to the standard account, traders will get analytical support from professional traders.

Traders will also receive investment insurance bonus instruments. There is a return up to 86%, and you will also get a weekly 5% loss return.

VIP Account:

Trading on VIP accounts requires a minimum deposit of $1,000. Plus, traders get bonuses up to 100%, fixed profits up to 90%, and other benefits. Moreover, 10% cashback every week for VIP accounts. 

Traders can also contact their personal account manager via Skype for analytical help.

Binomo Demo Account

Binomo will allow you to test the platform before investing your real money. Moreover, via the Binomo Demo account, a trader will get a unique opportunity to test all the platform’s features. 

Additionally, you can practice trading with a Binomo Demo Account. You can apply trading rules on this platform to make your trades successful. 

For beginners, it’s an opportunity to test out trading without risking any money.

For experienced traders, it is also great for testing out trading strategies. Binomo will give you $10,000 when you open a demo account.

Unfortunately, not all assets are available for a demo account.

Binomo Trading Platform Overview

A trading dashboard is the heart of any platform. The dashboard will introduce you to markets and allow you to color the lines for the most desirable outcome.

You can either fund your account or start with a demo. The initial deposit is minimal, just $10. Binomo offers an intuitive dashboard with innovative trading features.

On the right side of the platform, you will find two menu buttons. One is for changing the account types, and another one is for the funding account.

Additionally, you can see your trading history, strategies, tournaments, bonus, news, trading tools, and indicators from the left side.

On the other hand, you will get to see the economic calendar from the trading dashboard. Economic calendars are excellent tools for traders to keep track of upcoming financial events. It will also help traders to analyze the market.

Moreover, Binomo’s trade execution is fast. You won’t find any lag and connection problems. Aside from working smoothly, it’s also very flexible. Depending on your preference, the chart can be customized. And it is also a good sign for traders. 

More than 100 assets are available on the platform. To place a trade, select a particular asset, along with the amount and expiry time. You’ll see the return percentage before you select an asset in the asset list. 

By integrating the essential features into their platform, Binomo proves they’ve spent time evaluating and integrating online traders’ needs.

Trade On Binomo

Binomo App – Mobile Trading

Along with the web-based platform, it offers a mobile trading facility to traders. It helps traders conduct and continues their trade anywhere and at any time.

Trading apps is available for IOS and Android device. The exciting part is that you can also get updated instantly about the closing transaction, tournaments, and promotions via mobile application.

Not only the live update but also you can set a notification which you cannot set from the website. The mobile application is designed excellently with all the necessary features. 

Binomo X - Effective Drawing Tools

Binomo X is a reliable assistant for VIP traders. It’s a mobile application that helps traders analyze the asset direction from their mobile phones. 

It is a drawing tool that support you to identify 

– the support and resistant levels;

– trends and tendencies.

Going forward, traders will now have the capability to visualize critical trading levels. As a result, it is enhancing their understanding of potential market movements.

This improvement is poised to offer invaluable insights for strategic decision-making.

Trading Type

There is only one type of trading contract available in Binomo. The name of the trade type is High/Low. These are the classic types of binary options trades, known as Call/Put options.

The aim is to predict whether the asset price will go up or down compared to the current price. The expiry time of this option type starts from 1 sec to 60 min.

Moreover, the payout percentage is about 70% to 90%. The quicker and simple up/down trading condition is also known as 60-sec trade.

The list of expiry times is given below: 

1 second, 5 seconds, 15 seconds, 30 seconds, 1 Minute, 5 Minutes, 15 Minutes, 30 Minutes, and 60 Minutes.

Binomo Indonesia

For Indonesian traders, it is a great platform to trade options and forex.

Binomo is widely running its business in Indonesia. There are no particular rules and government restrictions for Indonesian traders.

In Indonesia, the Financial market is regulated by the Indonesia Financial Services Authority. The authority is locally known as Otoritas Jasa Keuangan (OJK).

All Binary Options trading falls under the remit of the Indonesian National Bank. So, trading binary options in Indonesia is not banned by Law.

The regulatory bodies are responsible for regulating the trading industry. Moreover, they are not only responsible for local brokers but also for offshore brokers that have permission to operate a business there.

Furthermore, the broker does not provide a community just for this particular country. The trading platform is open for them.

Asset Index

More than 70 assets are available to trade in Binomo, including currency pairs, raw materials, cryptocurrency, and other over-the-counter assets.

There are also weekend assets. Each asset has its work schedule until it is posted on the site. Moreover, VIP traders can access the whole underlying asset.

From the underlying asset list, you can see the expiry time and return percentage. Furthermore, this article will help you to know which Cryptocurrency is more profitable to trade on the Binomo Platform. 

Binomo Trading Tools, Indicators, and Strategies

In the Binomo platform, you will find a few trading tools and indicators. Using those indicators, you can make a strategy to trade a particular asset type.

On the other hand, the following indicators also help you to identify the market movement.

– Moving Average

– MACD

– Bollinger Bands

– The Alligator

– RSI

– Fractal Chaos Bands

Except for these main indicators, there are more indicators available in Binomo Platform to perform Binary trading. These are ADX, ATR, CCI, Stochastic, Momentum, Parabolic SAR, Awesome Oscillator, Ichimoku Kinko Hyo.

Trading Charts:

By seeing a chart, a trader will predict the movement of a currency pair. The price will change depending on the news, interest rate, and other economic variables.

Charting tools and indicators will guide traders in making trading decisions.

There are 4 types of charts, and they are –

  • Mountain
  • Line
  • Candle
  • Bar

There are a few charting tools that will help traders to guide in their trading time, and these are –

  • Segment
  • Continuous
  • Line
  • Ray
  • Horizontal
  • Vertical
  • Trend line
  • Doodle
  • Rectangle
  • Ellipse
  • Fibonacci
  • Channel
  • Pitchfork
  • Gartley
  • Shape
  • Crosshairs

Trading Strategies:

A few strategies are also needed to perform an excellent trade. Some strategies are simple, and some are complex.

On the other hand, some strategies are based on currency pairs, and some are on Trends.

To complete a successful strategy, you must use some trading tools and indicators.

For example, we come up with some strategies name –

  • A Breakdown Strategy
  • Rise in Profits With The “Step” Strategy
  • The “Momentum + RSI” Strategy
  • ATR+FIBO Trading Strategy
  • Stochastic X2 Strategy
  • Bollinger Zigzag Strategy
  • “Minute Reversal” Strategy and so on.

Deposit and Withdrawal Method of Binomo Investment

As we mentioned, the minimum deposit is $10, but it will vary according to your account type.

The minimum investment amount is $1. Deposit is available via Wire transfer Credit Card – UnionPay, MasterCard, and VISA, electronic purses – Bitcoin, Litecoin, Neteller, WebMoney, Moneygram, Perfect money SMS-banking (cash deposit in the account via the phone), and ePayments (South Africa, Nigeria, India).

On the other hand, the withdrawal process is very user-friendly.  You can withdraw the minimum amount of 10 EUR/USD.

Withdrawal through an e-wallet will take 3-4 hours (maximum time specified by the broker – 24 hours).

A trader can withdraw his money through a process. It generally takes 3-5 days a week, depending on the account type.

However, we have already mentioned the minimum withdrawal time in our account type portion. Binomo doesn’t charge fees upon deposit, purchase options, or withdrawal.

If you don’t trade your deposited amount within a fixed time, the broker will charge 10% of your amount.

Bonus:

Bonuses are available for Binomo traders. The bonus amount will depend on the account type. Moreover, newly registered traders will get a welcome bonus just after opening an account. Active traders will also get a bonus after depositing money each time.

Welcome bonuses range from 25% to 100%. You can get a 100% bonus on Binomo if you’re a VIP trader.

It’s easy to get bonuses by taking part in tournaments and promotions. 

Also, you’ll find free and paid tournaments.

Also, traders who replenish their balances over $50 get a bonus.

Get Bonus

High Capital Risk Is Involved In Financial Trading

Trading Tournament

The Binomo platform is popular among all traders for their tournaments. Tournaments will never be the same.

For every tournament, there will be special accounts. You can sign up for the tournament before it starts.

The participation fee also depends on the tournament features. You can also join the daily Free tournament and get a handsome prize fund.

All participants of the tournament do not start with the same tournament balance. The winning rate also depends on trading skills.

You can rebuy any time your tournament balance is less than the recommended amount. Each rebuy will cost a fixed fee or without a fee. 

How to participate in the tournament?

To sign up for the tournament, go to their page with the list of tournaments, select the tournament, open the detailed information and click on the “Sign up” button.

To successfully sign up, you will need to have an amount in your real account that exceeds the cost of participation.

Help and Support

Binomo cares about their traders. It is committed to helping traders at every step while conducting a trade. The 24/7 multilingual supports help you to polish your crack. 

Besides, anyone can get help through e-mail. Moreover, traders can get analytical support from professional traders via Skype.

However, the live chat is the most effective support they provide.

Using this helping tool, a trader can get an instant solution, advice, and suggestion regarding the market and trade.

To get updated about their recent news and promotions, you can also apply for the newsletter via email.

Is Binomo Accept Auto-trading Bots?

Automated trading will simplify your trades. Unfortunately, Binomo won’t allow you to get this service. So, no, it’s not possible to automate trading with Binomo. 

Is It Possible To Make Money With Binomo?

Honestly, to make money, you have to know how to place a successful trade. Analyzing the market and implementing a proper strategy is a must. The best way to make money on Binomo is to predict the correct asset price and wisely analyze market movement. 

Advantages

Binomo is a client-oriented company that creates new possibilities in the market of leading trading technologies.

We found many advantages while researching this broker.

The advantages are-

  • A high-end trading platform with a wide range of financial assets.
  • Some of the market’s most advantageous trading terms and investment options.
  • Analytical services for client trading.
  • Various trading strategies.
  • Convenience for both experienced and novice traders.
  • You can monitor all your Open Trades.
  • High-quality trading tutorials.
  • Efficient and highly professional client support staff.
  • Fast payout option.

Disadvantages

Nothing is perfect in this world. To improve service, they have to overcome the below drawbacks. 

We faced a few problems while trading with this platform. 

These are –

  • Lack of High-yield options like Range or One-Touch.
  • Don’t have precise information about Cryptocurrency, Stocks, and Commodities.
  • Assets are not well organized.
  • They disabled assets depending on their time frame. The time frame could be every alternative day or could be after more than 2 days.
  • Due to the regulation fact, they don’t accept USA and EU traders.

Final Word – Is Binomo Scam?

We are about to finish this Binomo Review whether it is a scam or not.

Before concluding, it is mandatory to mention that the broker works relentlessly to invent new ideas to make it easier for new traders. You can easily earn profits in Binomo with a proper strategy.

Follow this trading guide to learn how to make money consistently using the Binomo trading app.

Where other broker’s platforms offer huge deposit amounts, but here you can trade by depositing a small amount. The collaboration with traders is completely transparent.

As we all know, the broker’s quality is important to have commercial success. On the other hand, a regulated broker can give you a secure trading environment. 

Moreover, the highest level of mutual trust with every trader makes a pleasant investing climate. From the analysis, we can conclude that Binomo is not a Scam Broker.

Wish all the traders a great trade with huge success.

Posted on

BinaryCent Review: Is It Trusted Or Scam?

BinaryCent Review-Binoption

BinaryCent Review - Is It Trusted Or Scam? The Secret Of Successful Trading

Often we say an excellent offshore broker needs some exceptional features to be popular, and BinaryCent fits that description. The platform is relatively new, with extensive trading features. So anyone can steer the boat, whether an experienced trader or a newbie.

Additionally, the broker has almost everything that you need to start trading. From the options trading, Forex and CFDs trading is also noticeable here.

What else should one need to have a kickstart?

Well, many more are involved when we say a legit broker. And with our review, you’ll learn about this broker’s demo account, account types, trading platform, trader’s review, and more.

Let’s find out if this broker is real or a scam.

BinaryCent Review: What Is BinaryCent

BinaryCent Review-Binoption

High Capital Risk Is Involved In Financial Trading

A group of trading professionals founded Binarycent in 2016 with a clear mission. All you will find is that Finance Group Corp runs the company; there’s not much else you’ll find about this company.

On top of that, it is a licensed and registered broker in the Vanuatu Financial Services Commission. But it is unfortunate for USA traders that the broker does not provide any service there.

As it is a web-based platform, you don’t need to download any software. Just deposit the initial amount and enjoy the colourful lines showing market movement.

On the other hand, Binarycent allows traders to perform trading with the help of an automated trading bot, including BinBot Pro and CentoBot.

So, the following points, including others, make this broker so distinctive.

  • A comprehensive list of trading instruments
  • Lucrative bonuses
  • 100% data protection
  • Risk-free trading features, etc.

On the other hand, there are a variety of trading account types. You can select according to your investment capabilities and skills.

BinaryCent Special Offer For Traders

Are you planning something big for this summer? 

Binoption offers a “summer special code” for new and existing clients that deposits $1000 or more. To receive this special offer, hold a real Binarycent trading account.

We mentioned the code below inside a box. Besides, the following special offer is available around the world.  

Fund your trading account with $1000 or more and instantly receive a 200% deposit bonus. The offer is available until the end of summer!

Promo Code: DKGR200

Promo Code: GALLEN200

How To Receive The Bonus Offer

The bonus is automatically available for all clients who deposit $1000 or more into their funding accounts. 

Through this special offer, we are giving you the ability to trade with even more power and more confidence.

  • Copy the bonus code
  • Go to the Account funding page
  • Enter the special bonus offering code and get your bonus!
Get 200% bonus

Features: Why Choose BinaryCent

‘BinaryCent’ is a global broker with diversified asset options. Moreover, it is one of the best online binary or options trading platforms. And about the return percentage, you will get the highest of 95%.

The broker is distinguished from others because of its valuable features and benefits.

  • Offshore Regulated Broker
  • Demo account facility
  • Minimum deposit amount of $250
  • Trades from 10 cents
  • Minimum spread 1.0 pip.
  • Trading assets of 150+
  • Maximum return up to 95%
  • Withdrawals in 1 hour
  • 24/7 multilingual customer support
  • Weekend trading facility
  • 100% bonus
  • Risk-free trading
  • Leverage up to 1:500
  • Copy-trading facility 
  • 100% of data protection
  • Minimum Withdrawal $50

Sign-Up And Login Process

Binarycent has a simple registration process. It is free to open an account, though the demo facility is only available if you deposit the initial amount. To complete your registration, traders need to walk through some steps.

Note that opening an account using the same name and address is prohibited. The company has the right to cancel registration if they find any double registration from the same client. 

Not only the registration but also the team will cancel your opened position and withdrawal request. The account will be frozen until the team finishes the investigation.

Please check this article to know the details, registration process and verification. 

Sign Up Or Registration Process:

  • Click the “Signup” button on the Binarycent official website
  • Fill the registration form with valid information
  • Choose the currency
  • Enter the “Promo Code” if you have one.
  • Please tick the box if you are not from the USA and agree with the terms and conditions.
  • Finally, click the “Next” toggle to complete your registration.

Login Process:

Just enter your registered e-mail address and password to log into the platform or trading dashboard.

Open an account

High Capital Risk Is Involved In Financial Trading

Account Verification

Account Verification-Binoption

Traders have to follow some steps to verify their accounts. First, go to the “settings” option. Then choose “personal data” from where you can upload valid documents to verify your account.

Choose your ID types from the list.

  • Passport
  • Personal ID

Trading Account Types

Binarycent offers three types of trading accounts with various trading features. You can choose the most demanded services in different packages. The minimum deposit starts at $250.

However, you can deposit a maximum of $50,000. So, the account types are:

  • Bronze
  • Silver
  • Gold

BRONZE

$ 250
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +20%
  • Demo account
  • Copy Trading Tool
Click Here

SILVER

$ 1000
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +50%
  • Demo account
  • Copy Trading Tool
  • Master Class (web session)
  • First 3 risk-free trades
Click Here
Popular

GOLD

$ 3000
  • 24/7 live video chat support
  • Withdrawals in 1 hour
  • Bonus +100%
  • Demo account
  • Copy Trading Tool
  • Master Class (web session)
  • First 3 risk-free trades
  • Personal success manager
Click Here

High Capital Risk Is Involved In Financial Trading

Among these three accounts, the most popular account is Silver. Note that risk-free trades are compensated in the form of a trading bonus in case of negative trading results.

Binarycent Demo Account

A demo account is the most effective way to evaluate the platform before trading. It will help to give a platform tour using different trading tools, just like the real account.

Binarycent offers a demo account for traders, but you can only get it after depositing $250 (initial amount). After that, contact customer support to get demo account credentials. We have counted this as a disadvantage.

Apart from the risk, the practice account is similar to a real account. So, beginner traders can use a demo account to check the platform’s functionality. 

On the flip side, the professional can use practice strategies before placing real money.

Trading Platform Of BinaryCent

Trading Platform Of BinaryCent-Binoption

Binarycent has an intuitive trading platform to make your journey smooth. The trading platform is exceptionally organized and well-formed. On the left side, you will find two distinct trading types. One is Binary Options, and the other is CFD/Forex. 

You will also find different trading classes, currencies, crypto, commodities, indices, and stocks under each type.

From the right side of the platform, you can select a few things depending on your trading choice. For binary options trading, traders must choose option types, time, and amount. 

At the same time, traders must select the only trading amount with a fixed leverage ratio for Forex and CFD trading.

Apart from these, there is a charting tool, fundamental analysis, trade pattern ideas, news, technical analysis, and an economic calendar. Use the above tools to make a complete market or asset price analysis.

Moreover, you can see two types of lines. One is the yellow line indicating the purchase deadline, and another is a white line indicating the expiration time. Traders can select a candle chart or a tick chart to see the display of the market movement.

On the other hand, you can see a leaderboard with all information like ranking, trader’s name, total traders, and position from the trader contest. Moreover, you can follow and copy the top 10 traders from the copy trading option. 

The list will show you all the information, including the trader’s name, profit percentage, and trade size. You can follow a trader with a maximum trade size of $100. Moreover, the sentiment analysis tool will help you decide when to buy and sell a trading asset. You can also see your trading status, whether open, closed, or pending. 

In short, you will get 

  • Diversified trading assets
  • Social trading facility
  • Boarder range of advanced trading tools
  • Transparent trading dashboard

Trading Assets

BinaryCent offers two types of trading. One is Binary Options, and the other is CFD/ Forex trading. In addition, more than 150 trading instruments are available to trade.

So, the tradeable asset classes are:

  • Cryptocurrency
  • Forex
  • Stock
  • Indices

For binary options, traders can place a trade for 1 minute to 30 minutes. However, you don’t need to set a trading time for CFD/Forex. On the other hand, leverage trading will allow you to earn more. However, the leverage amount will depend on the instruments.

You can find payouts for different trading assets on the platform. The maximum payout percentage is 95%. For example, the payout percentage means if you open a trade with $100 of investment, you will receive a $185 payout after winning the trade. 

So, the investment amount is $100, and the profit is $85.

Risk-Free Trade

Apart from the many, risk-free trading features will up your trading interest. Binarycents offers risk-free trading for silver and gold account holders. 

It will work as a fence. That means you can bet any amount; if you lose, you will get the amount back. 

Unfortunately, Bronze traders won’t be able to enjoy this feature.  

Risk free trading

Trading Bonus

Trading Bonus-Binoption

For traders, Binarycent offers trading bonuses that depend on the deposit amount. The bonus percentage starts at 20% to 100%. These bonuses are limited-time offers. On all CFD trades, bonuses are eligible.

Moreover, the bonus will give you a margin to maintain a trading position or open a larger one. Remember, the profit and loss will always be related to the trader’s net balance, not the bonus amount.

If you deposit $250, you will get a 20% bonus. So, the total trading deposit is $300. Similarly, for

  • $500, the deposit percentage is 50%
  • $3000, it’s 100%.

Please note that the bonus will be paid in the base currency.

You cannot withdraw any bonus amount from your trading account.

Copy Trading Feature of Binarycent

Those who don’t have previous experience trading on the financial markets can copy the most successful traders.

To copy traders, create an account with BinaryCent. After an account is created, it needs to be funded with an initial deposit. The deposit amount depends on the account type.

Moreover, you will find a list of the top 10 successful traders in the dashboard. So, choose one or more successful traders, start copying and follow the results.

Binarycent App - Mobile Trading

Mobile trading is a blessing. You can at least monitor your trades if you are on the road with thousands of tasks. Now trading is more manageable than before. Traders can trade from anywhere via mobile trading.

Unfortunately, Binarycent doesn’t offer a mobile app.

Deposit Process

Deposit or fund your account via Visa/MasterCard, Bitcoin, Altcoin, Tether, and perfect money. The process is quite easier for any trader. 

Perhaps, there are no deposit fees for traders. But, if you want to deposit via Visa/MasterCard, Binarycent will charge 5% deposit fees. 

1. Visa/Mastercard

Enter your amount according to the account types. You have to enter card information like card number, expiry date, surname, and CVV2 number along with the deposit amount. 

Moreover, you can save card information for further usage.

2. Bitcoin

Funding through bitcoin will help you to get a 5% bonus. For completing this process, you have to create and fund your bitcoin Coinbase account.

Lastly, fund your account by scanning the QR code using the Coinbase mobile app or directly from your Coinbase account.

3. Altcoins

Traders can also deposit the amount by using Altcoins. You will find a list from where you can select your desired coin and amount. Similar to the bitcoin account, traders have to open a Coinbase account. 

4. Tether

Fund the account by using Tether. Choose the type of Tether from the list. You will find two types. One is Tether (Omni), and another is Tether (Erc20).

5. Perfect Money

If you want to fund your account via perfect money, you just need to give your e-mail address and the amount you want to deposit.

Binarycent Withdrawal Process

Now, you can withdraw your profits via Bitcoin, Ethereum, Altcoins, and Perfect Money. It is essential to choose the same method you used to deposit your account. 

The minimum withdrawal is $50. Moreover, a withdrawal request will accept within 1 hour. However, during public holidays and weekends, funding time may be delayed.

But, before accepting the request, the broker will ask for proof of identity and the address of the requester. Moreover, fees will be applied based on account types and the withdrawal method. 

Note that the broker doesn’t process withdrawal requests to e-wallets, bank, and credit card accounts not belonging to a trading account owner.

Especially from BinaryCent, it is recommended to withdraw your profit via Bitcoin because Bitcoin provides the fastest withdrawal with zero commission.

Concurrently, you must make at least one trading deposit using Ethereum, Altcoin, and Perfect Money if you want to withdraw funds via selected methods.

Customer Support

You will find a dedicated customer support team. Additionally, the live chat option will allow you to take help instantly from a customer support provider. Meanwhile, the multilingual thing lets you share problems in your own style and language.

At the same time, you can also contact them via their customer support phone number.

Lastly, you can send them a message by filling in a form with your name, e-mail, and phone number. The support team will contact you.  

Binarycent Advantages

People choose this broker after seeing many advantages. These offers are unique and make this platform different from other platforms.

  • They give a guarantee that the withdrawal process will complete within 1 hour.
  • You can continue trading over weekends without stopping it.
  • Trading via this broker is 100% secure, and your data will be fully protected.
  • For new traders, there is an opportunity to trade under experienced trader’s guidelines.
  • Dedicated customer support 24/7 in six different languages.
  • Over 10000 daily processed transactions.

Binarycent Drawbacks

Finding negative notes will always keep you alert. Similar to other brokers, binarycent has also multiple drawbacks, though there is also a major drawback. As per the broker, they are regulated and a part of a Finance Group Corporation. However, you have to put a second thought on that.

Let’s find out the disadvantages that you should keep in mind:

  • Not regulated by a famous regulatory body
  • Scam reviews
  • No free demo account for traders
  • High initial deposit

Is Binarycent Support USA Traders?

Trading binary options on the USA market is not open to everyone. They do have restrictions and rules that a broker must follow to offer their services.

But, if anyone wants to trade form there, you are always welcome to open and trade.

Final Words: Is Binarycent Platform Reliable?

Finally, we are about to end. The last words will be more pleasant; truly, Binarycent is a trusted broker. However, the platform is relatively young compared to popular trading platforms.

But the broker offers a wide range of trading instruments with other exclusive features. We strongly believe that it is where you will find everything you have been looking for.

So, it’s better to open an account with them and start trading.

Posted on

Olymp Trade Review: Reveal Is Olymp Trade Legit or Scam?

Olymp Trade Review - What Is Olymp Trade - Binoption

Olymp Trade Review: Reveal Is Olymp Trade Legit Or Scam?

Olymp Trade is the broker that got excellent hype among traders, and the Olymp Trade review will inform you of the background story of success. It is a regulated and award-winning online investment platform specifically designed for beginners.

A binary broker, Olymp Trade, initially grew into a high-tech IT product. They have improved and made a seamless trading platform for their traders to help them achieve a high return.

Even in this review, we will include everything about Olymp Trade, from their platform overview to the scam review.

Before investing, let’s pack everything.

Olymp Trade Review- What is Olymp Trade?

Olymp Trade Review - What Is Olymp Trade - Binoption

High Capital Risk Is Involved In Financial Trading

Olymp Trade has been serving the financial industry since 2014. During this eight-year journey, they have improved in many areas to provide their traders with a comfortable trading experience.

Olymp Trade is owned and operated by Saledo Global LLC, and all rights belong to this registered entity.

Besides, people from 194 countries can relish an incredible trading experience with this broker.

The goal is-

To make trading affordable and easy for everyone

You can also consider it a reliable broker because it is a Category “A” member of the International Financial Commission or FinaCom. This membership basically confirms that Olymp Trade is a trustworthy entity with high-quality service. 

Some other companies are also entitled to this broker, including FinaCom, for some other regulatory purpose.

For beginners, their proprietary platform is impressive to use and also user-friendly. At the same time, the broker also provides their service on Meta Trader 4 platform. Moreover, they have created a unique trading platform so any trader can try their hand at trading. 

On the other hand, Olymp Trade operates globally, except in a few countries such as the UK, USA, Europe, Japan, and Australia.

Why Olymp Trade?

In order to be successful as a trader, you need to research a broker to discover their unique features. Don’t forget about the regulation. It is also a part of the broker’s trustworthiness.

We’ll show you some things that make a broker better in this section.

  • Regulated broker
  • Minimum deposit $10
  • Minimum investment is $1
  • Returns up to 90%
  • Min withdrawal amount is $10
  • Proprietary trading platform
  • Demo account facility
  • Zero Spread
  • 100+ trading instruments
  • Deposit bonus
  • Trading Education
  • Free webinars
  • Free trading signal
  • Dedicated customer support team
  • Personal VIP consultant
  • Multiplier up to 500x

Regulation

Having a regulation in place is the first step to ensuring the broker’s legitimacy. Olymp Trade is a regulated and licensed broker that considers itself a Category “A” member of the International Financial Commission. (FinaCom).

Olymp Trade assures its traders that the platform is safe and secure, though reputed regulatory bodies do not regulate it. 

But if the broker does any fraudulent activity with traders, they will get up to $20,000 from the Compensation Fund. Also, traders will get free legal support.

For traders, it is a unique approach.

Awards and Achievements

Olymp Trade has been in the financial industry for over eight years. They open the door to financial freedom for anyone who is an adult and wants to do something independently. They are growing and improving their services day by day. Moreover, they have won many awards for excellence in trading.

Here are some of the awards you’ll find on their website:

  • CPA Life Awards 2017 for Best Financial Broker
  • Le Fonti 2016 for the Best Trading Platform 
  • Best Broker at KROUFR Awards 2016
  • The Fastest Growing Broker at ShowFx World 2016
  • Best Broker at Forex Expo 2017
  • Innovative Broker Award at IAFT Awards 2017
  • Le Fonti 2018 for Best Trading Platform
  • The Forex Awards 2018 for Best Trading Platform 
  • Traders Fair 2018 award for the Best Traders FB Community in Thailand

Registration and Login Process

The registration process is simple. You can fill out only a few fields. Just enter a valid email address and password to complete registration.

After completing the process, the broker will give you a quick training session to help you understand how brokers work.

After that, finish the email confirmation process, including setting up two-factor authentication. This authentication system will protect your account from online scammers.

Lastly, either deposit to open a live account or start with a demo.

See, it is easy to start with Olymp Trade.

Open an account

High Capital Risk Is Involved In Financial Trading

Olymp Trade Login Process

Enter your email and pre-set password to log into your account. Remember, it is recommended to set the authentication to secure your account. 

Promo Code For Traders

Traders can enjoy up to a 50% deposit bonus. So, to receive the bonus, log into the trading platform and deposit the amount. However, you will only unlock the bonus by enhancing your account security.

“One Pay Bonus” is applicable if your deposit amount is $500. Please choose any of them based on your deposit amount.

Get 50% bonus

High Capital Risk Is Involved In Financial Trading

Account Verification

Traders must verify their accounts based on company rules or terms. The exciting part is that you can verify your account at any time. The support team will help you.

But the company will send a message if verification is mandatory for you. If that’s the case, you have to submit the documents within 14 days.

On the other hand, the authority will send a confirmation mail after completing the verification process. All necessary documents must be sent via email.

Verifying your account will take up to 24 hours once you send the documents.

However, sometimes the process takes more than five business days, depending on the circumstances.

The following documents are requested to verify a client:

  • ID issued by the government containing your full name, photo, and date of birth
  • 3D selfie
  • Residence verification documents like a bank statement, utility bill (electricity, water, or gas), internet bill, etc.

Olymp Trade Demo Account:

Olymp Trade offers a demo account with $10,000 virtual money. Trading on a demo account is free and specially designed for beginner traders. As a result, you can practice trading without risk, fear, or rules. Besides, you can switch to a real platform at any time you want.

Also, in the demo account, you will get the same experience as real trading. However, some limitations are also available in demo trading. But you can complete your primary goal.

After practicing on a demo account, you’ll be more confident. Furthermore, you can practice your trading strategies with various tools and indicators.

Start demo trading

High Capital Risk Is Involved In Financial Trading

Account Types:

Trading with Olymp Trade is now more convenient than before. The broker offers only one account type, excluding a demo account. However, there are some other account types, like

  • USDT Account
  • Multi-Account

However, you need to link these live accounts with your trader’s ID. So, you can trade with the main account. The minimum deposit amount is $10, depending on which method you choose to fund your account.

On the other hand, you will get a trader’s ID which is a unique identification number. And this number will be issued by the broker.

Make sure you can have only one active account. 

Let’s gather more information regarding account types.

1. USDT Account:

USDT is a sub-account created by traders who wants to deposit via cryptocurrency. The minimum deposit starts from 5 USDT.

Besides, USDT is issued on multiple blockchain networks, including Bitcoin and Ethereum.

2. Multi-Account

Multi-accounts allow traders to open interconnected up to 5 live accounts. These are also considered sub-accounts. Those accounts will be under your control, so whatever you want to do with them is up to you. 

On the other hand, you will be able to choose currencies, including some local currencies.

Your Multi-Account account isn’t the same as your Trading Account (Trader ID). Your money can be held in up to five different live accounts, but you can only have one Trading Account (Trader ID).

Is Islamic Account Available?

Yes, Olymp Trade offers an Islamic account. Now, you can trade Forex in a halal way. Also, the traders will get: 

  • Swap free trading account
  • Negative balance protection
  • Fully functional demo account
  • Dedicated customer support

As a swap-free trader, you will enjoy the zero spread facility. Moreover, the platform is free from any fees for Islamic traders. 

Olymp Trade Trader's Way

After depositing the initial amount your trader’s way started with an initial level “Starter”. 

Olymp Trade trader’s way is an opportunity or system for traders to get bonuses. The more you perform trade, the more XP point you accumulate. Every single trade will bring you the point whether it’s profitable or not. 

To jump into points at the “Advanced” level, you need to complete 12 levels. Each level will give you a surprise with a prize. 

After you finish all the levels and reach the end, you’ll move up to the next status. Your progress on the Trader’s Way starts over every 30 days.

Olymp Trade App:

Olymp Trade will allow you to trade via a mobile app. You can download the trading app for both desktop and mobile devices.

Download the app for android and apple from the iOS Store and Google Play store, respectively, or browse directly from the website.

1. Olymp Trade App - Mobile

The mobile app is unique in its interface and ideal for any smartphone. You do have full access to the trading dashboard, though the interface is not suitable for trading.

Moreover, you can trade any asset from the mobile app. However, we recommend you use this app to check your open positions quickly.

The app lets traders manage their trading accounts, deposits, trading tools, indicators, education resources, and more. Both Android and iOS versions are available.

2. Desktop Trading App

Traders can download the Olymp Trade platform to their desktops. The platform works faster on Windows and Mac OS desktop devices. However, if you want, you can avoid downloading and perform trades via the web browser.

Trading Assets

A wide range of trading instruments is available, including currencies, cryptos, commodities, stocks, etc. The return percentage depends on the instrument, though the maximum is 90%. Besides, you can trade from 15 seconds to 1 month.

Depending on trading hours, certain assets will be available. Even you will get to feel the essence of OTC trading on the platform. Moreover, you will find detailed information regarding each asset on their homepage.

Is Anyone Can Trade Fixed Time Trade (FTT)?

Yes, anyone can trade Fixed Time Trade, especially, since this mode is highly recommended for beginners. You can open trades with a pre-set duration. Amazingly, you will get the result in as little as five seconds. 

FTT will benefited you with multiple advantages. The most importantly, the profit percentage. Traders will enjoy up to 93% profitability. 

Let’s find out what more are available:

  • Region specific assets
  • 24/7 trade
  • Advance trading tools
  • Risk free trades
  • Cancle trade features

OlympTrade Strategy:

Trading with a proper strategy will increase your rate of success. There are many strategies available for traders.

It would be best if you chose a strategy that suits your trading style. You also need to analyze the market to build a winning trading strategy. There is no specific strategy for the Olymp Trade platform.

Any trading strategy you can apply here to a successful opening and closing.

Trading Platform

Olymp Trade has an intuitive platform with a lot more features. The trading dashboard is well organized, with various trading tools and indicators. On the right side, you will find all the necessary blocks from where you can open a position. 

Also, you can fund your account from the payment section. This section is also on the right side of the dashboard.

In addition, on the left side, there are four individual sections.

  • Trades
  • Market
  • Events
  • Help

– Trades: This section will provide an overview of your portfolio, including your trading history. All open and closed positions will be noted there.

– Market: The market section will bless you with multiple indicators, strategies, etc. Both paid and free tools will aid you in your trade.

– Events: Check out the list of current events in this section. You will indeed find something interesting!

– Help: Anything, for everything, you will get a dedicated support team that helps you via hotline, email, and live chat. Also, for a quick response, you can check the help or FAQ section.

Additionally, on the left side, you will find an asset list. Choose your preferred assets based on return percentage and market value.

Let’s move to the central portion, where you will see market movement. Create a perfect strategy with indicators and charts to analyze the market.

Trading Indicator

The Olymp Trade dashboard is a powerhouse with a wide range of trading indicators. Select and use any indicators based on market demand and trends. Also, you will get the list from the broker’s dashboard.

Among those indicators, the first nine will help you trade based on trend analysis.

However, you must add more than one sentiment indicator. Additionally, if you click on the name of each indicator, the trading platform assistant will explain the following indicator with information.

Moreover, the sentiment indicator requires no additional settings like others. You can set the time frame on each indicator, showing you the asset’s high and low values.

Trading Chart - Olymp Trade Platform

There are four types of charts available on the Olymp Trade platform. These are:

  • Area Chart
  • Japanese Candlesticks
  • Heiken Ashi
  • Bars

The parabolic SAR indicator only works on the Japanese candlestick chart and the Bars chart. The time interval starts from 15 seconds to 1 month.

Graphical Tools

Six listed graphical tools will help you to draw lines over the asset’s chart. These tools are:

  • Horizontal Lines
  • Trend Line
  • Fibonacci Level
  • Fibonacci Fan
  • Vertical Line
  • Ray

These are mostly used to conduct a technical analysis of a particular asset. Also, these graphical tools are mainly different types of trend lines.

Technical Analysis

Olymp Trade’s platform offers traders the option of accessing technical analysis tools. You will get price types and time scales. The functionality of the VIP strategies is only available for VIP traders.

Also, you will have a chance to use numerous indicators within the technical analysis platform. These indicators can be added to your analysis, and their settings can be adjusted accordingly.

We strongly recommend you use these technical analysis tools to predict the future price correctly.

Video Tutorial & Education

Olymp Trade has a full-featured trading educational section from which you can get all the essential trading knowledge. If you are new to trading, open the blog section and fill your basket with knowledge.

Also, new traders will be able to learn about different strategies and indicators, which will help them learn how to trade and implement them properly.

From analytics to tips, everything is nicely organised here. And about the video lesson, if you get bored reading read words, it is the only option you can pick. However, you will find a few videos there. But, beginners, you will get a complete course on Fixed Time Trading.

Olymp Trade Withdrawal and Deposit:

Olymp Trade Deposit Method - BinoptionOlymp Trade Deposit Method - Binoption
Olymp Trade Deposit:

To start a trade with a real account, you need to fill your account with a minimum amount. The minimum deposit amount is $10. However, in some cases, it also depends on how the payment is made.

Select the desired payment option and the deposited amount. Depending on the bank rate, the amount will be automatically converted to your account currency.

Step-by-Step Guide- How to Deposit:

  • Click the “Payment” button
  • Select the deposit option and choose the payment method
  • Apply an active promo code
  • Click confirm
  • Enter the payment method details and click Pay
Olymp Trade Withdrawal:

Withdrawals are processed by the same payment systems that you used at the time of depositing. The minimum amount of withdrawal is $10.

Olymp Trade offers an unlimited maximum withdrawal facility. Traders generally do not need to pay commissions or fees to withdraw money.

In the dashboard, you will find your available withdrawal amount. Moreover, you cannot withdraw your bonuses. The maximum withdrawal period is five business days.

On the other hand, you don’t need to provide any documents in advance. If needed, the authority will ask for documents.

Step-by-Step Guide – How to Withdraw Money:

  • Click the “Payment” button
  • Select the withdraw option and choose the same method
  • Specify a withdrawal amount
  • Click withdraw

Deposit Bonus

When you open a demo account on the Olymp Trade platform, you will receive a bonus notification from the authority. And you have to fulfil the requirements to activate the deposit bonus.

Also, you can get a bonus by depositing $30 or more. The bonus percentage depends on the deposit amount. Unfortunately, you can’t withdraw the bonus amount.

Contact And Customer Support

You can reach the support team via e-mail, telephone, and live chat, which is available 24/7. You will get a response within 1 business day after emailing them.

It is vital to have a competent support team on a broker platform. Quick response is necessary for a new trader to resolve his or her problems.

Furthermore, you can also find them on social media.

Our first experience was horrible with the support team. As we continuously monitored each broker to give traders a positive review, we poked them again. A few significant issues were addressed through live chat during demo testing.

This time, our experience was entirely satisfactory. Initially, you will be contacted by an automated chatbot. And later, you can directly chat with a specialist if you have major concerns. 

We must say, they have improved a lot.

Customer Complaints Against Olymp Trade:

We found many positive reviews on Olymp Trade.

However, our research is limited because many traders are from different countries, and they have used their native languages in the forums.

We managed to translate them. We also found the complaint against their support team and above in the “Contact and Customer Support Section,” we already discussed our personal experience with their support team.

Complaints Proof - Binoption

A trader from India placed a complaint about the withdrawal issue. He tried to withdraw money from the broker platform. The platform accepted the withdrawal request, but he did not get any payment to his bank account.

The issue was handled by the team of Olymp Trade smartly. Another complaint was regarding the account block.

The trader could not log in or access his funds. However, we could not be able to verify the validity of this claim.

Olymp Trade - Advantages

You have got to know about the Olymp Trade features. But, some advantages make this broker outstanding. Let’s make a list of those:

  • FinancialCom protects traders’ investments and prevents fraudulent activities
  • Risk-free trading
  • The platform is easy to use
  • Strong customer support team

Drawbacks

In the beginning, we faced many challenges. But the platform slowly improved itself in multiple sections. From customer support to the education section, now, the broker’s website is full of rich content.

We are impressed. However, the trading platform is not regulated by renowned regulatory bodies.

Is Olymp Trade a Scam?

We found this question in numerous trading forums, and it is also logical to ask new and experienced traders.

We believe Olymp trade is not a scam broker. Eventually, it will be a reliable company offering a trading service to different traders.

This trading platform is a member of the FinaCom trading agency.

The regulatory body of the International Financial Commission maintains strict rules and guidelines for their brokers to follow, and the organization itself holds strong values of transparency, swiftness, and education.

The broker platform has received many positive reviews from traders. There are no hidden commissions incurred on the platform.

Frequently Asked Questions

Well, we know that traders get traumatized when they first step into the financial world. Picking the right broker is not an easy game. Also, it’s nearly impossible to pick one with hundreds of questions.

We covered a few that traders frequently ask.

  • Can I have multiple active accounts?

    Yes, you can have multiple sub-accounts under one Trader's ID. But you are not allowed to open various trader IDs. They will ban all your accounts if they find something like this, account duplication.

  • What is the minimum deposit amount?

    The minimum deposit amount is $10. However, the initial amount varies based on the local payment methods.

  • Can I make money from Olymp Trade?

    You can make money using this fantastic platform if you know how to close the deal profitably. Olymp Trade is a good broker that has everything under one roof. So, yes, it is possible to make money on Olymp Trade.

  • Is Olymp Trade legal in India?

    Yes, the broker is legal in India.

Final Words

Eventually, finding a trustworthy options trading broker is now a challenge. From that perspective, we will give the broker platform a positive rating.

Olymp trade is a massive player in digital options. To be a legit broker, you need other unique features including the proper regulation. On the other hand, we got all the positive things we wanted.

Previously, we mentioned the Olymp Trade Scam. We were unable to find any scam activities done by this broker. Although, we reviewed many forums and websites to find any adverse scam reports against this broker.

Except for a few minor complaints, we mostly found positive comments. So, enjoy your trade with this seamless trading platform by investing as low as $1.

Posted on

Binary.com Review: Is It Scam or Not? (Pros, Cons, Features)

Binary.Com Review - Binoption

Binary.com Review: One Stop Trading Solution For All Traders

Ever since the inception of Binary.com, people have been searching for an authentic Binary.com review. And we embellished this review with relevant details about this popular Binary Options and CFD broker. 

It is one of the leading platforms for trading binary options.

Additionally, Binary.com is an incredible broker that makes Binary Options easy for beginner traders.

Trading has become much easier on multiple instruments like currencies, indices, commodities, and volatility indices. A trader only needs one account and can invest as much money as he wants through it.

The platform allows traders to trade round-the-clock, as well as on weekends. In summary, we have found a regulated and licensed Binary Options broker, a patron of easy trading.

Therefore, we designed this review to give you a comprehensive overview of the broker platform, asset types, deposit and withdrawal methods, and other features. 

Warning: Services of Binary.com are not made available in certain countries such as the USA, Canada, Hong Kong, or persons under age 18.

Binary.com Review - What is Binary.com

Binary.Com Review - Binoption

High Capital Risk Is Involved In Financial Trading

No wonder Binary.com is an international broker with hundreds of facilities. With over 1 million registered accounts worldwide, Binary.com has been operating successfully since 1999.  

Binary Group Ltd Group of Companies owns and operates it. Multi-platform trading makes it easy, simple, and user-friendly.

Also, this site uses SSL encryption to ensure that personal data and transactions are safe. As a result, you do not have to worry about losing your data or compromising your security.

Moreover, the interesting part is that their store lets you use different apps to create your own platform. Even the education section is also divided into several levels, including Primary, Advanced, etc. 

On your trading device, you do not need to download the platform. Trades are placed via a web-based platform requiring a strong internet connection. It also has a well-designed mobile application available to use.

Additionally, several effective tools (Trading View, Roll Over, Double Up, Developer tools, etc.) will decrease failures and increase success. 

The fact is, there are a lot of products for traders that cannot be covered here. Visit the shop section yourself to find out what’s available. 

Binary.Com Broker Review - Video Explanation

Why Trade With Binary.com Broker - Facts

So, how does this broker differ from others? You might be interested in knowing more about the benefits of this platform after hearing some favorable things about it. 

Thus, to give you 100%, we have gathered some unique features that we believe will entice you to use Binary.com.

These are:

  • Regulated broker
  • Deposit minimum of $5
  • Payout up to 100%
  • Minimum trade $1
  • Maximum trade $50,000
  • Minimum withdrawal of $10
  • 100+ tradable instruments
  • Demo account
  • Returns above 1000% (on selected trades.
  • Spreads starting 1.0 pips
  • Received Multiple Awards
  • Volatility Index (Available 24/7)
  • Enriched Education Center
  • Special tools (Web Trader, Trading View, etc.)
  • Easy and Simple withdrawal
  • 24/7 help and support

Is Binary.com Active?

If you are looking for the Binary.com old platform, then sadly it’s not active now. They have already rebranded it under the name of Deriv. 

The existing platform will change your trading experience. Of course something good will happen. Moreover, the platform is super user-friendly with multiple new features. 

Additionally, not only the platform, they have added and introduced multiple platforms based on the trader’s experience. 

Try Demo Platform

High Capital Risk Is Involved In Financial Trading

Is Binary.com Regulated?

Safety is one of the major concerns when it comes to online trading. As a result, it is recommended that every investor checks the platform regulations before investing. 

Regarding reputation, Binary.com is an old, regulated broker with multiple licenses to comply with regulations worldwide.

Moreover, Binary.com rebranded from BetOnMarkets.com in 2013 with new features and trading rules. Binary Limited is the holding company registered office at 47 Esplanade, St Helier, Jersey JE1 0BD, Channel Islands.

Aside from this, this debt-free company uses top-tier European banks for its money transactions.  

So, let’s bring all the regulation parts under one shade. 

~ Binary Investments (Europe) Ltd

Binary Investments (Europe) Ltd is regulated as a Category 3 Investment Services provider, by the Malta Financial Services Authority, under license number IS/70156. 

Also, European Union residents who wish to trade the investment products will have their accounts opened with Binary Investments (Europe) Ltd.

~ Binary (C.R.) S.A.

Binary (C.R.) S.A. is registered in Costa Rica. Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, and Hong Kong) will have their accounts opened with Binary (C.R.) S.A.

Any regulatory body does not regulate or supervise this broker in the Costa Rican financial system.

~ Binary (V) Ltd

Binary (V) Ltd is licensed and regulated by the Vanuatu Financial Services Commission. 

Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, and Hong Kong) will have their FX and CFD Meta trader 5 account opened with Binary (V) Ltd. Binary.com is not available in the Republic of Vanuatu.

~ Binary (BVI) Ltd

Binary (BVI) Ltd is licensed and regulated by the British Virgin Islands Financial Services Commission. 

Clients from the rest of the world (excluding certain countries such as the USA, Canada, Costa Rica, and Hong Kong) will have their FX and CFD Metatrader 5 account opened with Binary (BVI) Ltd. However, Binary.com is not available in the British Virgin Islands.

~ Binary (FX) Ltd

Labuan Financial Services Authority licensed and regulated Binary (FX) Ltd. to carry on a money-broking business. 

The licensed number is MB/18/0024.

Clients from the rest of the world (excluding certain jurisdictions such as the USA, Canada, Japan, and the European Union) who wish to trade CFDs will have their MetaTrader 5 account opened with Binary (FX) Ltd. Binary.com is not available in Malaysia.

~ Binary KK

Binary KK is regulated in Japan by the Japanese Financial Services Agency and by The Financial Futures Association of Japan.

~ Binary IOM

The UK Gambling Commission regulates binary IOM under reference number 39172. 

 Clients from the UK trade through Binary (IOM) Ltd

 On the other hand, EU residents who wish to trade with this broker should open their accounts with Binary (Europe) Limited. Binary Investments (Europe) Limited provides these services through EU passport rights. 

Awards and Achievements:

Binary.com is an award-winning broker. For their excellent client service, exclusive binary trading technology, and numerous works, they received an array of awards, including:

  • 2007- ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • 2008 – ‘Best Customer Communication Firm’ award by Investors Chronicle
  • In 2008 – ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • In 2008 – ‘Best Fixed-Odds Financial Provider’ award by Financial Times and Investors Chronicle UK
  • 2009 – ‘Best Fixed-Odds Financial Trading Provider’ award by Shares Magazine UK
  • 2009 – ‘Financial Betting Operator of the Year’ award by eGaming Review
  • 2011 – ‘Best Fixed-Odds Broker’ silver award by Trade2Win
  • 2012 – ‘Best Fixed-Odds Firm 2012’ award by Global Banking and Finance Review
  • In 2015 – “EGR Operator Award” & “MENA FFXPO Award”
  • 2017 – “Personal Wealth Awards 2017” 
  • 2018 – “Global Brands Awards 2018” & “Global Banking & Finance Awards 2018”

Sign Up and Login Process:

Binary.com sign-up process is simple, and anyone can do it without any video tutorial. Traders need to follow a few easy steps to complete the sign-up process. 

Sign up by entering your valid email address. You can also open a free account with your Google mail or Facebook account.   

Later on, the Binary.com team will send you a link via your email address to verify your account.

After that, you will be redirected to a new page where you must enter your password and country of residence after clicking the link.

So, your virtual account of $10,000 has been successfully created. Once a minimum deposit is made, you can switch to a real account.

Sign up with an email

High Capital Risk Is Involved In Financial Trading

Binary.com Login:

Binary.Com Login - Binoption

Log in with your registered email address and password to access the trading platform. On the other hand, the Binary.com trading platform is accessible through your Facebook and Google+ accounts.

Binary.com Demo Account

In our experience, most of the demo account features are quite similar to those of the actual account while trading. Beginners should practice using a virtual account for the most effective results. 

However, the only difference between a real account and a demo account is the trading risk.  

You can try it out for free here:

  • Unlimited 
  • Free
  • Filled with $10,000
  • Practice trading without risk

Adding more money to your virtual account is possible if it has a balance of less than $1,000.00.

As soon as traders sign up for a broker’s platform, a virtual account will be created. So, by depositing money, you can switch to a real account. 

Account Types:

Binary.com does not offer specialized account types other than MetaTrader 5. To open an account, you must complete the sign-up process. So, to find out whether you are eligible for a bonus, contact the broker. 

In MetaTrader 5, traders can choose among 3 types of accounts depending on their needs. Free trades and deposit bonuses are not available with this broker.

However, each account has been designed to provide you with a unique opportunity to find financial instruments.

STANDARD

NO MINIMUM DEPOSIT
  • Max Leverage 1:1000
  • Spread Variable from 1.2 pips
  • Zero Commission
  • Margin Call 150%
  • Stop Out Level 75%
  • Number of Assets 60+
  • Max ticket size 10 lots
  • Cryptocurrency Trading YES

ADVANCED

NO MINIMUM DEPOSIT
  • Max Leverage 1:100
  • Spread Variable from 0.9 pips
  • Zero Commission
  • Margin Call 150%
  • Stop Out Level 75%
  • Number of Assets 70+
  • Max ticket size 20 lots
  • Cryptocurrency Trading YES
Popular

VOLATILITY INDICES

NO MINIMUM DEPOSIT
  • Max Leverage 1:1000
  • Spread Fixed
  • Zero Commission
  • Margin Call 100%
  • Stop Out Level 50%
  • Number of Assets 8
  • Max ticket size 10 lots
  • Cryptocurrency Trading YES
Open a free account

High Capital Risk Is Involved In Financial Trading

Binary.com Shop:

Binary.Com Shop - Binoption

Binary.com’s shop used to be one of the largest trading showrooms for traders. From trading apps to academic courses, everything was available there.  

Products can only be purchased from the Binary.com shop if you have a PayPal account. Sadly, their shop section was closed after rebranding to Deriv. 

On the other hand, the binary trading bot was one of the most popular products in the shop. However, the product is still available separately.

The most efficient way to generate profits for beginner traders is to use auto trading. Automating these strategies is extremely helpful for newbie traders who might struggle with real trading. 

Additionally, automated trading allows traders to achieve consistency and discipline while earning. 

However, an automated system is both friendly and profitable simultaneously, and here is its Binary.Com Auto Trading Robot Review.

Trading Assets:

Both binary options and CFDs trading are available on the Binary.com platform. There are 100+ assets available that are divided into 4 categories –  

- Forex

Under this category, you will find all Major and Minor pairs, including Smart FX indices.

There are the four Smart FX indices that you can trade:

  • AUD Index 
  • EUR Index
  • GBP Index 
  • USD Index

- Indices

You can enjoy trading indices with the benefit of real-time charts and pricing.

However, the popular indices you can enjoy are the Australian Index, Bombay Index, Hong Kong Index, Singapore Index, Belgian Index, and many more.

- Commodities

Binary.com offers four types of precious metals and energy.

So, the popular commodities are Gold/USD, Palladium/USD, Platinum/USD, Silver/USD, and Oil/USD.

- Volatility Indices

We have also known volatility indices as synthetic indices.

The popular instruments from this category are Volatility 10 Index, Volatility 100 Index, Volatility 25 Index, Volatility 50 Index, Volatility 75 Index, Bear Market Index, and Bull Market Index. 

- Cryptocurrencies

Find the list of popular Cryptocurrency pairs, including Bitcoin, Ethereum, and Litecoin.

Binary.com Options Types:

A few options are available at Binary.com, depending on the payout ratio and trading method. 

These are –

  • Up/Down
  • Touch / No Touch
  • Ends In / Out
  • Asians
  • Digits
  • Reset Call/Reset Put
  • High Ticks/Low Ticks
  • Only Ups/Only Downs

So, the platform is open to trade Asians, Digits, Reset Call/Reset Put, High Ticks/Low Ticks, and Only Ups/Only Downs, which are only for Volatility Indices.

Lookbacks:

Binary.com offers a contract named lookbacks. The payout depends on the optimum high or low achieved by the market.

On the other hand, the option allows the trader or the holder to “look back” over time to determine the payout.

The broker offers three types of lookbacks. These are: 

  • High-Close
  • Close-Low
  • High-Low

Note that the lookbacks options are only available for Volatility Indices.

Return to player (RTP) % for lookbacks for a multiplier of 1 and 1m duration is around 87% on average.

Trading Platform:

Multiple platforms with unique features. Yes, the broker has different platforms for both beginners and advanced traders. Now, in this part, we will discuss the multiple trading platforms offered by Binary.com. 

So, they divided the trading platform into two categories, Basic and Advanced. 

  • Deriv.com
  • MetaTrader 5
  • Webtrader
  • SmartTrader
  • Binary Bot

Find one from the following list that suits your experience and preferred strategy. 

However, we will describe the platforms individually, including the trading tools and indicators. 

~ Deriv.com

Introducing the next generation of online trading. Deriv is another window of binary.com. The main website refers to Deriv as a platform, but it is actually the rebranded version of binary.com. 

Generally, Deriv is a comprehensive trading system with multiple advanced platforms. 

So, they’ve created a new platform that is easy to use and rich in features. Even though it is new but more advanced than Binary.com, in Deriv, you will get multiple platforms that serve you according to your needs. 

Especially beginners will discover all sorts of trading treasures inside this platform. 

For more, you can also read the Deriv review, where we have discussed its features, advantages, and why traders should trade via this platform. 

~ Binary Bot:

Binary.com is one of the few binary options brokers that offer automated trading. The binary bot is a platform that helps you to automate your trading strategies. The blocks are pre-made or you can customize them according to your market analysis.

In order to achieve outstanding results, we recommend traders use tools to predict market conditions. 

Automate your strategy:

  • Logic
  • Math
  • Text
  • Trade definitions for Binary Options
  • Tick Analysis
  • Implement indicators and analysis tools
It is one of the best-automated platforms, especially for day traders. You can read the binary bot review to know how to build a perfect trading bot at no cost. 

~ Web Trader Trading Platform:

WebTrader is an advanced binary options trading platform. Depending on your personal preferences, the interface can be fully customized.

At the same time, traders can keep track of their favorite assets and markets. Furthermore, you can monitor essential charts, the asset index, and historical data.

Aside from that, the platform offers a variety of unique and powerful trading features, such as

  • Full-screen trading interface
  • Various customizable features
  • Robust and secure platform
  • Accessible from any web browser in 13 languages

In the trading platform, you can see all trading assets from the “Trade” option.

From the “Resources” option, traders can choose an asset index, trading times, historical data, and chart themes.

Lastly, you can copy another trader’s trade by entering a trader’s API token.

VISIT WEBTRADER

~ Meta Trader 5 Trading Platform:

Introducing MetaTrader 5, the world’s most advanced multi-asset trading platform. On its MT5 platform, Binary.com offers five types of binary options.

In order to increase your return percentage, it is highly recommended that you use MT5 because the platform will let you customize your interface.

Furthermore, a demo account will allow you to practice trading strategies with virtual money. Depending on your trading experience and preferences, choose an account type.

Through our Expert Advisors (EA), you can easily monitor your trades and access your trading history. Your desktop device and mobile device can be accessed directly through the web trading platform, or you can download the software to your computer and mobile device.

Don’t pass up the chance to get the largest return percentage. To experience this remarkable platform, we recommend that you open a demo right now.

GET META TRADER 5

~ SmartTrader Trading Platform:

The SmartTrader platform is a user-friendly, simple, and premier binary trading platform. Among the types of binary options, you can trade those for forex, indexes, commodities, and volatility indices. 

We found that they allow five types of options, where the time interval starts from 1 minute to 1 day. 

There are 7 different charts, each with a wide range of indicators, to help you keep an eye on the price movement. 

Moreover, you can create comparisons between two trading instruments. You will find a vertical line and a horizontal line as drawing tools. 

Follow a few steps to perform your first trade. 

  • Select market and underlying asset. 
  • Select the trade type. 
  • Adjust trade parameters.
  • Predict the direction and buy. 

The trading platform explains each type of option. Based on the prediction, you can see an approximate net profit and return rate.

Even more, you can find out an asset’s minimum and maximum contract durations based on its trade type by using an asset index.

Charting Platforms:

Trading charts are the foundation of a successful trade. Traders mostly use charting tools to forecast market movements using financial data. On Binary.com, there are two charting platforms to choose from. These are:

  • TradingView
  • SmartCharts  
TradingView is a powerful charting and technical analysis tool you can rely on. Utilize an extensive range of indicators, price bands, and overlays to analyze the markets.
 
On the other hand, SmartCharts is an interactive charting tool

Using a fast and intuitive interface, analyze the financial markets with beautiful visualizations and unique trading tools.

No matter which one you use, both charting tools are absolutely helpful for predicting price movement. 

Multiple Account Manager (MAM) For MT5:

Binary.com offers MAM for MT5.  The manager allows you to manage multiple sub-accounts effortlessly in one interface. 

Moreover, the tool is perfect for money managers who manage multiple client accounts. MAM works perfectly along with MT5. All the features and tools in MT5 work seamlessly with it. 

Binary.com App:

Binary.com offers a Tick Trade app, which is available for both web and mobile devices. 

The tick trade app aims for fast trading, offering instant trade results. With the mobile application, you can place trades on the go conveniently.  

A demo account with $10,000 virtual money can be used freely or without registration.

On the other hand,  you can trade 7 types of underlying assets:

  • Bear Market Index
  • Bull Market Index
  • Volatility 10/25/50/100 Index

You can customize the pace of the trade ranging from 1 to 10 ticks. 

Another feature of this app is that you can choose from 7 different trade types.

Adjust the stack and payout to control risk. The maximum payout is $50,000, with over 90% payout. 

Furthermore, the application performs exceedingly well and meets traders’ expectations. 

Keep in mind that the Tick Trade app is not available in all countries. 

Copy Trading:

Copy trading is one of the most popular trading forms. Using it, you can copy other people’s trades without analyzing the market or financial situation.
 
And Binary.com has this incredible feature. To become a copy trader, follow the below steps.  
 
1. To do copy trading, click on Trade and select WebTrader
2. Select the account you want to set up copy trading for.
3. Under the account from the list, select “Copy Trading.”
4. Click on “Copier”, enter the trader’s API token and click on “+” to add.

Academy and Webinar:

The interesting fact is that traders will get all features under one roof. Yes, the broker also offers free trading educational resources for traders. 

Now, the learning process is far easier for you than before. Get all the latest news and trends in financial trading, which is totally free. 

The academy offers

  • Interactive webinars
  • Daily market reports
  • Ebooks, videos, and more

From the video tutorial, you will get to learn about trading and trading software. Not only the video tutorial, but you will also get Expert analysis and learning resources.

The glossary part will help you to know about the technical terms of binary options before placing trades.

On Binary TV, you will get informed about the latest trading news and trends. It will keep you up-to-date, from stocks and commodities to global currencies, indices, and more.

Through webinars, professional traders provide free training sessions for both beginners and advanced traders. To access the webinar, you have to “Register” a webinar with your name, email, and country. 

Deposit & Withdrawal:

Every kind of transaction method is safe, secure, fast, and problem-free at Binary.com. The minimum deposit is only $5, and the withdrawal is $10.

The broker supports hundreds of deposit, and withdrawal options, including Bitcoin.

Furthermore, this broker uses the most modern SSL encryption system that encrypts all customer data and protects it from any damage.

There are no fees for withdrawal. However, you’ll have to pay fees depending on the payment method. 

Binary transaction info
Deposit methods

Bank Wire; Western Union; Visa/MasterCardClikandbuy; OK PAY; CashU, Bitcoin

Fasapay; PerfectMoeny; Skrill

Neteller; Monetaau; Webmoney

Ukash; Instadebit; QIWI; Paysafecard

Withdrawal methods

Bank Wire; Western Union; Visa/MasterCard

Clikandbuy; OK PAY; CashU

Fasapay; PerfectMoeny; Skrill

Neteller; Monetaau; Webmoney

Ukash; Instadebit; QIWI; Paysafecard

FeesNo withdrawal fees
CurrenciesUSD; GBP; EUR; AUD

If there are any bank fees during the money transaction, then Binary.com is not responsible for them.

Note: Binary.com processes all your deposits and withdrawals within 24 hours. However, the additional processing time is required by your bank or money transfer service.

Help and Support Service:

The Binary.com support team is very amiable, helpful, and quick to respond. Customer service is available in different languages and is available 24/7.

One can also ask for help via e-mail ([email protected]) or by calling them directly. 

The live chat button is available, but traders are advised to open a ticket or join their community. 

We have checked all the services and found them to be active. Another benefit is that one can seek expert advice through these channels and get it immediately.

That is why the broker scored 9 out of 10. And we strongly recommend all our young and enthusiastic traders to start their first trade using this platform. 

Real Trader's Review:

As of now, we found this broker to be one of the leading platforms for binary traders. We got several positive reviews from different websites. 

It’s a pleasure to have a support team that’s so fast. Apart from the support team, the platform is well designed for beginners. 
 
No market manipulation, no scams. Just make sure you read the terms and conditions carefully before opening an account. 
 
You might be thinking this review could be fake. But, need to mention that Trustpilots do not accept any reviews without proper proof. 
 
Here are some sneak peeks. 

Even though the rating is quite satisfactory, we haven’t ignored the negative remarks. 

There are many reasons behind your loss. Sometimes, traders lose money for greed and sometimes for overtrading. However, ignoring the broker’s rules can also cost you money. 

 Let’s find out what do they think of Binary.com?   

Review1-binary.com-binoption

Pros:

Can traders trust binary.com?

Yes, without a doubt. With Binary.com, your money is completely secure. If you were looking for a complete professional and trusted platform to trade, then definitely consider this broker. 

This broker has many advantages, and you can’t ignore them. Additionally, both new and experienced traders can benefit from the platform. 

Opening an account is easy and you can start trading in minutes. Trading assets are available 24/7. This means you are free to trade whenever you want.

Also, the volatility indices are available even on weekends.

If it is about trading risk, then it is quite transparent. Before purchasing the contract, you will get to know how much you are going to win or lose. 

As we mentioned earlier, the trading platform is ideal for new traders. You can deposit as low as $5. Zero headaches to withdraw trading profits if you follow their instructions. 

The advantages of Binary.com:

  • Licensed and regulated
  • Serving the community since 1999
  • The best trading technology
  • Huge range of markets and options
  • Earn up to 100%
  • Small minimum deposit of 5$
  • No hidden fees
  • Support from professionals

Cons:

It is more likely a restriction than a drawback that binary.com does not accept USA traders. They could include other payment methods for traders who want to buy resources from the shop section. 

Binary.com extremely needed a dedicated live chat support team to cover all queries without delay.

On the other hand, we had to pay for some auto trading applications to test, which is impossible for inexperienced traders.

FAQ - Frequently Asked Questions

1. Is it safe to trade Forex using binary.com?

Not even Forex, any type of trading is safe with binary.com. It is a legit platform and regulated by multiple regulatory bodies. 

2. Do I need to verify my account?

On the Authentication page, you can do that. Your account will only need to be authenticated when the team binary.com ask for it. You won’t be able to access this page if you don’t need to authenticate now.  

3. Binary.com website is legal in India?

Binary trading is not illegal in India. And the broker accepts traders from India. So, Binary options are available to Indian traders through offshore brokers.

4. Can I open more than one Binary.com account?

Absolutely prohibited. You can only open one account using a valid email address and mobile number. Your account will be banned if they find any duplication 

Final Words

Binary.com is the patron of easy Binary Options, as we stated at the beginning of our Binary.com Review. Almost every arena was tested before this recommendation was made. 

Honestly, it is one of the most reputable binary options brokers in the industry. Lastly, Binary.com is a trustworthy broker with no scam activities. 

It is a forerunner of an easy Binary Options system.

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Expert Option Review: Is ExpertOption Scam Or Not

Expert Option Review-Binoption
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Overall Rating
4 Binoption ExpertOption
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Expert Option Review: Is It Worth Your Investment?

An honest broker review will help you make an informed decision, and we are back with other buzzwords: “Expert Option review.” 

The popularity of online trading is rapidly increasing. It is because you can fill your wallet from the comfort of your couch.

Founded in 2014, Expert Option offers binary options trading. Their website claims to have a regulatory entity, but compared to other leading brokers, theirs needs to be better to count.

Also, they have earned tremendous trust from traders for their fair trading policy and other features. But recently, traders have had some spooky experiences with this options broker.

So, in this article, we will disclose whether or not Expert Option is a scam entity. Besides that, you’ll learn about this broker and how it works.

Let’s do jam.

Expert Option Review: What Is ExpertOption

Expert Option Review-Binoption

High Capital Risk Is Involved In Financial Trading

Expert Option is owned and operated by EOLabs LLC. The company has more than 70 million traders. On the other hand, ExpertOption is a multiplatform broker with a mission to transform the traditional market into a smarter one. Including the web terminal, you will get the mobile application to trade on the go.

Moreover, it won the Best Trading Platform award at China Trading Expo Shenzhen on 6-7 May, 2017.

Additionally, Expert Option joined The Financial Commission as a registered Member to strengthen the legitimacy of its services.

Do you think all of these qualities make a broker trustworthy?

In our expert opinion, this broker is a complete scam with tons of unrealistic promises and misleading information, though people from 48 countries trade with them.

There is no doubt that the platform uses modern technologies, but something that one should notice before investing with them.

Can You Make Profit With Expert Option?

Yes, you can make profit with Expert Option. But the requirement is to have the best strategy that will bring money from the most volatile market. It is an innovative investment tool that has everything under one roof. 

However, the profit depends on the current market situation. 

Why ExpertOption? – Features

ExpertOption has some unique features that make this broker appealing to new traders.

Let us check those –

  • Registered member of the financial commission
  • Demo account 
  • 100+ trading assets
  • Minimum deposit of $10
  • Minimum investment of $1
  • Up to 95% Payout
  • Social trading facility
  • 6 Account types
  • Mobile App (Android and iOS)
  • Web-based platform
  • Dedicated customer service
  • Trading Education
  • Technical analysis tools
  • Personal manager
  • 20+ payment methods

Regulation & Licenses Information - Awards

As mentioned above, this broker is a registered member of The Financial Commission. According to their website states,

The Financial Commission is an independent dispute resolution and self-regulatory organisation that specialises in financial markets.

Though it is not a famous regulatory body, so far able to protect your money from being scammed. On the other hand, ExpertOption is committed to serving a high standard of service with scam-free business practices. 

Also, you can view the certificate from Here.

So, the facts are-

  • Your money is saved until you lose by market manipulation.
  • Compensation of up to €20 000 per client for resolved disputes

Expert Option Login and Signup Process

The signup process with Expert Option is easy and convenient. You are not required to fill out a complete form to open an account.

Enter your valid e-mail address and password; your platform is ready. To open a live account, just deposit the initial amount, depending on your account type.

ExpertOption Deposit Bonus

Traders will enjoy a deposit bonus based on the amount. The deposit bonus starts at $30 and above. The bonus is 20% of your deposit if you deposit $30.

However, you will not be able to withdraw the bonus amount.

Expert Option Demo Trading

The first thing that we attempt to open a demo account. This is not just only test the platform but also to check the features that they promise to serve.

Demo trading is definitely a helpful tool for traders. And ExpertOption has this facility with $10,000 virtual money. Now you can trade without any monetary loss. 

Expert traders can also trade through a demo account, though it is the best tool for beginners. You will get

  • Risk-free trading
  • Can practice trade
  • Test the strategy
  • Get familiar with trading tools like charts, indicators, etc

Expert Option Trading Online – Platform Overview

Expert Option Trading Online - Binoption

You can start with a demo account like us. We opened a demo to test the platform and after opening an account, we found the dashboard packed with the necessary tools and instructions.

You can switch to a live account anytime just depositing an initial amount.

Also, you can download the desktop app or trade directly from the web platform. On the other hand, mobile apps are also there to give you a quick view.

The right side of the screen is where traders can review open deals, including trends, and copy trading lists. Besides, you will find all the supporting parts on the left side. Inside the main dashboard, the upper portion will display charts and tools to analyze the market.

Finally, select the asset, investment amount, and strike price from the bottom portion. Click on the call or choose an option depending on your market research and strategy.

OPEN FREE ACCOUNT

High Capital Risk Is Involved In Financial Trading

ExpertOption App

Expert Option has a web-based platform that allows traders to trade without downloading any application. 

However, if you wish to have a different experience, you can download the application for both your mobile device and desktop.

Expert Option Desktop Trading App:

You can now download the application to trade the market for the desktop. You can see the dashboard clearly from the desktop app, and also the most appropriate option for trading.

Rather than the web-based platform, for a few traders, the downloadable platform is more efficient. Also,

  • The desktop platform provides the highest performance
  • It’s fast and efficient on any device
  • You can instantly access the trading platform
  • Traders can also send orders directly to Expert Option
  • Trading will be a lot more efficient
Expert Option Mobile Trading App:

The mobile trading app will simplify your trading journey. Though trading via a mobile app is not recommended, you can check the market update.

With the help of mobile trading, you can also see your trading history and deposit on your trading account.

From the Expert Option Mobile App setting option, you can set your trading language according to your country.

Apart from these, other usefulness are-

  • Full featured app
  • Executing via a mobile app is much easier
  • You can trade from anywhere
  • Either you can download it on your mobile device, or you can trade directly from the website.
  • Traders can download the mobile app from the App Store and Google play store.

Social Trading

ExpertOption allows traders to enjoy the benefits of social trading. It is an amazing tool that helps inexperienced traders earn without prior knowledge of trading. You will find the social trading option on the right side of the platform.

However, social trading is only possible with a live account. You can see all open trades in real time, profits, and losses on the list. On the other hand, it will give you many reasons to choose it.

So, the benefits are:

  • It will give you an idea of recent trade trends.
  • Help you make better buying and selling decisions.
  • You can take help from experts
  • Follow VIP traders and trading strategies

Additionally, you will get to know the sentiment analysis to understand the market situation. Finding the number of open deals is possible from the list.

So the facts are:

  • Watch live trading of expert traders
  • Can communicate with many traders from the social groups
  • Get inspiration from the profits

High Capital Risk Is Involved In Financial Trading

Expert Option Trading Account Types

Apart from the demo account, there are 6 more account types for traders. Each account type has unique features. Trading skill, trading amount, and sometimes investment capacity determine how traders account for their trades.

On the other hand, benefits for some types of accounts are activated manually after the client requests them via email.

Micro

$ 10 Min Deposit
  • For those who prefer light start

Basic

$ 50 Min Deposit
  • For those who prefer light start

Silver

$ 500 Min Deposit
  • Free consultations included

Gold

$ 2500 Min Deposit
  • Most privileged features

Platinum

$ 5000 Min Deposit
  • Exclusive for serious investors

Exclusive

$ Null Min Deposit
  • Invitation only
OPEN FREE ACCOUNT

High Capital Risk Is Involved In Financial Trading

The demo will enable you to learn how to use the platform, including the learning session. But if you are just about to start with a live account, the Mirco account type is the best option. 

However, depending on your investment capabilities and expertise, you can choose any account from the list above.

ExpertOption Trading Education

The education section is divided into multiple portions. Each portion will guide you to something related to trading. Let‘s have a look at it.

Glossary:

In The glossary part, the trader will find the keywords, which are important while trading different instruments.

All keywords are based on trading education

Technical Analysis:

Technical analysis is how traders predict future price movements based on past price history. To trade trading assets successfully, you must be able to predict price movements. You will find the much clearer view in this portion.

Graphical Analysis:

The graphical analysis will help you to indicate the price movement.

There are few analysis patterns such as –

  • Candlestick analysis
  • Trend Continuation Patterns
  • Trend Reversal Patterns
  • Fibonacci Retracement and Elliot Waves

You will find the details of each analysis in the Graphical analysis section.

Fundamental Analysis:

The technical analysis only shows you the movement of the price based on the market situation and with the help of different graphs and patterns.

Therefore, Fundamental analysis helps us to know the price movement after reaching a key level. It shows an estimation of the current economic situation of a particular company.

You can predict the price of the future of a particular asset. Besides, it will help you not to trade with an unprofitable asset.

Psychology of Trading:

Sentiment analysis is one of the major aspects of trading. The psychology of traders helps them make the right decisions when combined with technical indicators.

Some traders prefer to buy an asset when the price is low or the market is bullish. Similarly, other things are also involved when you decide to open or close a position.

This section will help you to learn more about psychology and how to deal with it.

Expert Option Strategies

There are lots of trading strategies to make a profit in the trading market. To be a successful trader, you need to use a few trading methods while trading.

You can follow other successful trader’s strategies or you can apply your one. I especially prefer to use own trading strategy.

It is not necessary that other person’s trading strategy will work for you. All trading strategies are based on different signals depending on the chosen analysis methods.

In the part of the strategies, you will find a few details method. You do not need to study a lot to find out the right strategy.

You can use a demo account to find which strategy will work for you.

We are here putting a few names of trading strategies.

 Engulfing Candlestick Strategy
 Squat Candlestick Strategy
 Tweezers Strategy
 Three Methods Strategy
 Breakout Strategy

Reversal Strategy
 Moving Average Strategy
 Bollinger Band Strategy
 Alligator Trending Strategy

The strategy depends on both news and asset management. News trading depends on the market news.

Sometimes the market gets volatile after the publication of trading news. Though news trading is a risky strategy, you can earn a good profit.

You can lose your assets as well. Moreover, you have to accept the fixed loss if you except a fixed profit.

Trading Platform Tools & Indicators

You will get toolbar in Expert Option platform. There are charts, graphs, and drawings.

There are few chart types. These are –

  • Area
  • Bars
  • Line
  • Candles

For candles and bars, you can select the time frame. Others chart types have no option of time frame.

The time frame starts from 5 seconds to 60 seconds.

There are few indicators which will help traders during the trading time. These indicators are –

  • Moving average
  • Bollinger bands
  • Alligator
  • Parabolic SAR
  • Fractal
  • RSI
  • Awesome oscillator
  • MACD

You can set each indicator combined with period, colors, types and so on. These indicators will help the technical analysis to predict the market.

To add an indicator just click on it, choose the setting and apply.

In our demo trading, we used RSI and MACD mostly. 

Drawings can be used to draw the support and resistance line.

To add the drawings in your trading window just click the drawing model, choose the color and thickness then apply. You can drag the line to adjust its position.

If you want to delete or remove the drawing and indicators, go to the toolbar and select a current option then remove it.

See the social traders by clicking into the social trading button. If any trader places an order you can see that in your trading window.

List Of Assets Available For Trading

In Expert Option, you will find more than 100 types of trading instruments or assets.

In this part, I will discuss the asset part of this broker.

There are 4 types of trade-able assets –

  • Currencies
  • Cryptocurrency
  • Commodities
  • Stocks  

You can view all assets from the asset bar, or if you know which assets you want to trade, write the assets name in the search bar.

The sides bar shows you the expiration time of each asset.

It will vary from asset to asset.

Anyone needs to choose the time to open the deal or execute the trade. Currencies have shorter expiration, whereas stocks have a longer expiration. Also, they are traded into a pair.

You will get major, minor, and exotic currency pairs. In cryptocurrency, including Bitcoin, there are more than 10 cryptos.

The most volatile assets on their platform are Bitcoin, Ethereum, and Litecoin.

Commodities include precious metals and energies like Gold and oil. In stocks, you can find international brands like Apple and Disney.

Trading Hours

Trading is available for 24/7.

However, the market is separated based on different trading session, based on four Geographic regions.

These are –

 Asia
 Australia
 Europe
 America

Depending on the trading session different trading markets open and also trading instruments tend to be more active.

You have to keep your mind the local time zone and your trading time zone.

ExpertOption Deposit Method

You can switch to the real account at any time by just depositing the initial amount. Choose your account type and deposit to avail the real account features.

So, the process is simple, with a few minor steps. But you should be careful enough:

  • Open a real account with all valid information
  • Select the account type
  • Deposit the minimum amount depending on the type of account and region
  • Choose the payment method
  • Fund your account
  • Ready to trade

Expert Option accepts Visa/Master Card, payment through Crypto, Wire transfer, and e-payment with local payment methods. If your payment shows invalid, don’t panic. It will not charge any amount after showing an invalid payment option.

Wait for a while and try again. Better to communicate with the support team to avoid unwanted problems.

Expert Option Withdrawal Method

In accordance with Expert Option’s withdrawal policy, you can withdraw the same amount only to the card you used for the deposit. Other funds you can withdraw using other methods.

The minimum withdrawal amount is $10. All you need to send the request and allow them to proceed accordingly.

At the same time, please, do not forget to verify your account if necessary to experience a smooth withdrawal process.

Expert Option allows bank transfer, Visa/MasterCard, Bitcoin, Skrill, Neteller, Webmoney, Yandex, Money, Qiwi including local methods. The request will take at least two working day to process.

Withdrawal fees aren’t charged by them. A payment system will charge commission for the processing of the transaction.

Expert Option Customer Support

The support team is always available to assist you. We have tried to check their quality by asking multiple questions regarding payment methods, account information, etc. 

They are attentive and try to solve the issue in a minute. 

On the other hand, you will get

  • 24/7 support team
  • Online live chat facility
  • Can reach them via the official e-mail address

ExpertOption Pros

There are some noteworthy benefits or advantages that attract traders to trade with ExpertOption. Usually, all platforms offer something unique to offer that helps traders perform with outstanding results. 

So these are the –

  • Regulated entities
  • User-friendly platform that is easy to navigate and trade for beginners
  • Wide range of trading assets
  • High payout
  • Low funding amounts
  • The vast range of educational resources
  • Dedicated customer support team

Is Expert Option Scam Or Not? -Complaints

So, the question is whether the platform serves excellently or is a scam. According to the market evaluation, many users have reported experiencing difficulties withdrawing funds from their Expert Option accounts, and some have even claimed that their accounts have been closed without any explanation.

Traders’ complaints have been addressed on different forums and review sites.

Additionally, some users have reported that the platform’s customer support is unresponsive and that they have encountered technical issues while using the platform. However, we haven’t faced anything like this yet.

Despite this, not all users have had bad experiences with Expert Option. Some users have reported successfully trading on the platform and withdrawing their funds without any issues.

So, it is wise to conduct your own research and take decisions based on that. You should always be cautious when it comes to online trading platforms.

When checking for scams, remember these bullets:

  • Collect real trader’s review
  • Regulation information
  • Check out different forums and review sites

Drawback

While there are many advantages to using ExpertOption for online trading, there are also some potential drawbacks that users should be aware of. Here are some of the key drawbacks of using ExpertOption:

  • Limited regulation by a non-popular regulatory body
  • Not available to users in all countries
  • Have a shorter expiration time for their assets compared to other brokers

FAQ - Frequently Asked Questions

Here are some common questions that we got from different trading groups.  

Final Words

In conclusion, Expert Option is an online trading platform that offers a range of advantages for users. 

If you’re interested in online trading and looking for a platform that is easy to use and offers a range of investment options, ExpertOption may be worth considering.

However, it’s important to be aware of some of the potential drawbacks as well. Just be sure to do your research, exercise caution, and invest only what you can afford to lose.

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Raceoption Review : Is It Scam or Profitable?

Raceoption-Review-Binoption

Raceoption Review - Ensure The Security Of Trading Deposit

Raceoption is a well-known trading platform even though it’s a fairly new broker in this trading industry.

Nowadays, it’s not hard to find a broker as they are prevailing all over the market. But it’s really important to filter out the most suitable and trusted broker from all other fake and scam brokers to avoid unnecessary losses. Authentic reviews can be a perfect solution to this problem.

However, along with an authentic review, there are many factors that you need to check before selecting one. 

This article will give you an honest review of the Raceoption broker. In this article, you are going to be provided with the detailed information of this broker, its features, account types, trading platform, and so on. 

Let’s start

Raceoption Review: What Is Raceoption

Raceoption-Review-Binoption

Not all trading platforms offer options trading. Among the very few brokers who provide the most opportunities to trade options, Raceoption is one of them. The broker offers Forex, CFDs Crypto, and Options.

Raceoption is operated by Makerun Corp, based in the Marshall Islands. The broker was founded in 2017, and since then, it has changed its services. 

Though they introduced themselves as a regulated broker, unfortunately, we won’t find any valid regulatory information on their website. That means any reputed financial body does not regulate it. 

However, the broker is part of Finance Group Corp (FGC), registered in Vanuatu. Even though RaceOption is based in London. Because of the minimal regulation, traders can enjoy a restriction-free options trading environment with maximum assets. 

The saddest part is that the website provides almost no information about this company. On the other hand, the broker does not offer any services in the United States.

Apart from this, the broker offers day and night support in multiple languages.

So, in short, the facts about this broker:

  • Not regulated
  • Offshore broker
  • Accept international clients
  • Operated by Markerun Corp
  • Part of Finance Group Corp (FGC)
  • SSL certified

Special Bonus Offer

Super boost your trading session with Raceoption. Binoption is offering a “special bonus” for new and existing clients that deposit $1000 or more. This special offer is available for all real account holders who already verified their account. 

We mentioned the code below inside a box. Besides, the following special offer is available around the world.  

Fund your trading account with $1000 or more and instantly receive a 200% deposit bonus. The offer is available for a limited time. Hurry and take advantage of this lucrative bonus offer.

Promo Code: DKGR200

Promo Code: GALLEN200

How To Use This Bonus Offer

The bonus is automatically available for all clients who deposit $1000 or more into their funding accounts. 

Through this special offer, we are giving you the ability to trade with even more power and more confidence.

  • Copy the bonus code
  • Go to the Account funding page
  • Enter the special bonus offering code and get your bonus!
Get 200% bonus

RaceOption Review- Video Explanation

Why Choose Raceoption

Raceoption will allow you to trade with two separate financial products. It is mandatory to mention that the platform is user-friendly. Besides, the broker has some outstanding criteria. 

Let’s find out why traders choose this platform for both long and short-term trading. Also, the splendid features will help you to decide whether you should trade with it or not.

  • Demo account facility.
  • Minimum deposit $250
  • Maximum return up to 90%
  • Leverage 1:500
  • 3 Available versions
  • Over 100 assets
  • Withdrawal in 1 hour
  • Wide range of deposit and withdrawal methods

 

  • Minimum withdrawal $50
  • 3 account types
  • Copy-trading facility
  • Weekend trading
  • First 3 risk-free trades
  • Big bonuses, giveaway, and prizes.
  • 100% of data protection
  • Variable spread

Sign-Up And Login Process

Raceoption Signup And Login-Binoption

You don’t need to download any software to trade on the Raceoption platform. The simple account opening process will require a few information.

One must follow the following steps to complete the sign-up and login process.

Step 1:

Registering an account is completely free for traders. You can visit their website and find the registration form on the first page.

Put all the personal information (Name, Surname, Phone number, Email, Password, Account currency, etc.)

Step 2:

Agree with their terms and conditions and click the next button to experience the platform interface. You can access the platform without engaging in any trading.

Remember, please make sure the data you submit is correct and up to date. In the future, it will simplify the withdrawal process.

Sign up today

High Capital Risk Is Involved In Financial Trading

Account Verification: How To Verify An Account

It’s not like Raceoption will ask you to verify your account instantly. But it is required to provide all valid information to keep your account safe and secure.

At any time, you can be asked to provide an electronic copy, certified copy, or notarized copy of a passport (at the discretion of the Company).

If the Client has not received a request to provide the documents, then it’s not mandatory to verify the account.

On the other hand, the customer is responsible for the authenticity of the submitted documents. If it detects a document falsification, the broker may place an account on hold and conduct an investigation.

Simply follow the given procedures and continue.

Raceoption Demo Account

Raceoption Demo Account-Binoption

Nowadays, almost all brokers offer demo accounts. There is nothing different about Raceoption. However, there is a limitation regarding the demo account. 

Traders can only access the demo account after depositing money. So, you need to contact the support team immediately after funding your account. 

Demo accounts are beneficial for getting comfortable with a particular trading platform. It also helps you learn how to trade. 

Additionally, a demo account helps traders improve their trading skills. And the broker has the transparency on that. We haven’t got any report on market manipulation.  

RaceOption Account Types

This broker has combined the most demanded services into packages for the trader’s convenience. Your accessibility depends on the amount of your first trading deposit.

The minimum deposit starts at $250, and the maximum is $50,000.

According to your experience level, you can choose any of the following three accounts. Each account type has a unique facility.

Bronze

$ 250
  • Copy trading tool
  • Bonus up to 20%
  • 24/7 Live video chat
  • Demo account
Open Account

Silver

$ 1000
  • First 3 risk free trades
  • Master class (Web-based)
  • Bonus up to 50%
  • Copy tradiing tool
Open Account
Most Popular

Gold

$ 3000
  • Integrated Technical Analysis
  • Personal Account Manager
  • Bonus up to 100%
  • Copy trading tool
  • Demo account
Open Account

Note that in case of a negative trading result, risk-free trades are compensated in the form of a trading bonus. In this phase, we will give a short brief on each trading account types. 

Bronze Account Type:

The bronze account is suitable for traders who are beginners. However, traders must deposit $250 as an initial deposit. 

You can use different methods to withdraw your profits. As per their website information, the team will take 1 hour to approve traders to withdraw money. 

Additionally, traders will be able to copy expert traders using copy trading tools. A demo account is available for all account types. Furthermore, you will receive 24/7 live video chat assistance. 

Traders will get up to a 20% bonus on their first deposit. 

Silver Account Type:

To be a silver account holder, you must deposit a minimum of $1000. It is the most popular trading account among traders. 

Traders will get all facilities similar to the bronze account holder. Along with those, the trader will also get a web-based master class. 

This web-based class will help you to learn more about the trading market and the types of trading. 

On the other hand, the withdrawal of profits will take 1 hour. Furthermore, an individual account manager will always help you when you are in trouble. 

Moreover, the trading bonus for silver traders is up to 50%. Traders will also get the first 3 risk-free trades. 

Note that risk-free trades are compensated in the form of a trading bonus when you have negative results. 

Gold Account Type:

The minimum deposit for a gold account holder is $3000. Gold traders will enjoy the maximum trading features or benefits from Raceoption.

Integrated technical analysis tools help traders analyze the market more precisely. 

Along with this feature, a gold account trader will get a personal account manager, demo account, risk-free trades, copy trading tools, and more. 

The bonus amount is up to 100% depending on the deposit amount. 

 

Trading Instruments - Raceoption Assets

Raceoption offers two types of trading. Such as –

  • Options trading
  • CFD trading

More than 100 trading assets are available, including Forex, commodities, crypto, indexes, and stocks. For CFD trading, you will get leverage up to 1:500.

However, the leverage ratio depends on trading assets. For example, 1:10 for cryptocurrency.

In trading, the spread is the difference between the lower and higherrice of a given CFD. Consequently, binary options have no spread, only CFDs.

Raceoption Trading Platform Overview

Here comes the real part, the battlefield. With Raceoption, you get the most powerful and advanced trading platform. The broker offers both web-based and mobile apps.

The trading dashboard is intuitive with charts and tools. It is necessary to use those tools to make your trading journey easier.

Next, you’ll find charting tools, fundamental analysis, trade pattern ideas, news, technical analysis, and an economic calendar. Additionally, this row has two eye-catching options- trading contests and copy trading.

All the currency pairs are included in the left sidebar, while the right sidebar gives all the options of option types, time, Fixed time, amount, profit, call and put. In between, you can see this live trading chart. 

From the drop-down menu, select your asset and set the parameters to execute trades. Option types include three options- turbo, Interday, and Long term. And CFD traders can enjoy stop-loss and take-profit features to control their trading risk.

Lastly, there’s also a row with statuses (open/close), assets, and a date option that lets you set the trading time. 

Facts that need to be listed:

  • Trade under an experienced trader’s guidance
  • Non–stop weekend trading
  • Copy trading
  • Full data protection
Trade on Raceoption

High Capital Risk Is Involved In Financial Trading

Trading Charts

Market analysis tools are a lifesaver in having a stress-free trading day. Using different charts and tools, you can analyze the market and predict its direction. In Raceoption, you will get advanced charting tools powered by TradingView. 

Apart from this, the indicators will help you to complete a concrete technical analysis session before each trade. Also, you are open to doing fundamental analysis. 

The other advantage is the news section. With the calendar, you can keep up with the latest trade and economic news. 

So, the facts are:

  • Wide range of technical indicators 
  • Huge range of trading tools
  • Latest market news
  • Risk-free trading 
  • Trader’s choice facility 
  • Drawing tools
  • Multiple timeframes

Raceoption Copy Trading

The copy-trading part needs to be emphasized separately since it’s the most effective way for beginners to learn. And Raceoption allows you to do copy trading.  

There are some eye-popping benefits of copy trading, especially when you can earn and learn simultaneously. On the other hand, you can also learn how professional traders analyze the market.

Moreover, the extras that you will get are –

  • Copy trading limits the potential loss 
  • The most effective passive income strategy

Live Traders - Raceoption Platform

On the raceoption platform, you will find the live traders’ details on the left side. The list will include

Traders name

  • Asset name
  • Time
  • Trade size
  • Payout amount

Moreover, you can copy traders from this list as well. You will find a copy trading button. You’ll see the name on the copy trading list after you select it.

Education Centre

Raceoption does not have an education center where you can learn the basics. However, you will get a personal account manager, but you have to be a silver or gold account holder.

You can count it as a drawback. 

Supported Automated Robots

Traders who use Raceoption brokers can trade with an automated binary options robot. Raceoption supports two trading bots. Moreover, the robot integration process is simple.

All you need to do is deposit an amount through a broker and then set your trading bot to perform trades on your behalf.

BinBot Pro and CentoBot are two automated trading bots for options traders. These robots are popular for their unique trading features. 

Traders can use Raceoption as their broker while using these robots. Moreover, you can open a free account from the below table: 

BinBot Pro

$ 250 Minimum Deposit
  • Returns up to 90%
  • Demo Account: Yes
  • Robot Profitability:300%
Open Account

CentoBot

$ 250 Minimum Deposit
  • Returns up to 95%
  • Demo Account: Yes
  • Robot Profitability: 297%
Open Account

Raceoption Mobile Trading

Previously, RaceOption had mobile trading, which lets you trade on your Android or iPhone. Unfortunately, the app is now under construction. Soon, they will introduce a new app with lot more updated features. 

But, you can use the platform from mobile browser.

On the other hand, the coolest part is that mobile trading allows you to execute trades instantly. With just one click, you can manage your trades and portfolio. 

This mobile app will show live charts of regular options and CFDs available on the platform. It also enables traders to view their entire trade history.

The features that you will get include:

  • 60-sec trading
  • Account funding facility
  • Withdrawal option
  • Trading history
  • Easy trading interface

 

Bonus And Promotion

Raceoption provides outstanding bonus offers, giveaways, and prizes.

For example, if your trading deposit is 1000 USD, you’ll get a bonus of 50%, which will make a total deposit of 1500%.

Deposit bonuses of different account types:

  • Bronze account: 50% deposit bonus
  • Silver account:  100% deposit bonus
  • Gold account: 150% deposit bonus

Raceoption Deposit And Withdrawal

Raceoption’s payment procedure states that traders shall fund their trading account within 90 calendar days from its opening in an amount not less than the defined terms for the type of account (minimum initial deposit).

  • The minimum deposit amount is $250

According to the rule, the Company might close/cancel an account with a balance of less than 1 cent (one-hundredth of a US dollar) if the above account balance existed for more than 90 calendar days.

Moreover, you can fund your account by credit cards (VISA/MasterCard), Bank wire transfer, Bitcoin, Ethereum, Litecoin, Altcoins, Neteller, Skrill, and Perfect Money.

On the other hand, the broker claims to have fast and reliable transfers supported by the most popular providers.

Here’s what you need to know:

  • Instant deposit facility
  • SSL certified
  • Broker do not charge transfer fees
  • Third-party fees are included
  • Funding may take longer on weekends and holidays
  • Withdrawal within 1 hour

Their funding and withdrawal methods are:

Visa/Mastercard/Maestro:

You must include your deposit amount according to your account type, card number, expiration date, name/surname, and CVV2 number. Then click on fund your account.

Bitcoin:

Fill in the form to register a new account (First name, last name, email, password) and proceed to your email to confirm and verify your registration.

Altcoins:

A wide range of altcoins is there to use as a payment or withdrawal method. The available altcoins is [Bitcoin cash, Ethereum, Litecoin, Dash, Zcash, Tether USDT(Omni), Tether USDT (Erc20), TUSD (Erc20), USDC (Erc20), PAX (Erc20), HT (Erc20), LINK (Erc20), and other]

Perfect Money:

Put your Email address and the amount of your deposit. Then click on Fund the account.

Customer Support Team

Brokers with competent support teams are always encouraged to take the lead on the frontline. Raceoption provides 24/7 customer service in multiple languages. So, the communication barrier is over now. 

You can select multiple ways to contact the team based on your urgency. Visitors are immediately prompted to ask for assistance after visiting the site. The support service is pretty fast. Just call, email, or live chat to clear up any questions you have.

Moreover, live chat support will also add extra benefits.

Lastly, if you need something within 1 second, visit the FAQ section and learn more about the broker and its terms.

Advantages

Advantages-Binoption

This section includes all the advantages of the Raceoption broker for your convenience. Have a careful look so that you can make a perfect trading decision.

The broker has a strong range of trading strategies across options trading and CFDs. Moreover, guaranteed withdrawal processing within one hour. You will also get the benefits of weekend trading.

Offering a variety of funding and withdrawal methods will make your process seamless.

Along with these, you will also get the following:

  • Maximum payout 90%.
  • 100% of data protection
  • Skilled trading advisor
  • Customer support 24/7
  • Easy to use trading platform
  • A strong range of tradable assets
  • Variety of binary options trading formats & CFDs
  • Deposit and withdrawal with cryptocurrencies
  • Trading contest

Drawbacks

Raceoption Drawbacks-Binoption

Finding drawbacks is not always pleasant. But we need to dig down to save our money from scammers’ hands. We are not pointing out that this broker is incompetent, but the lack of regulation is unacceptable.

And it is the biggest drawback for this broker.

Others are –

  • Charges 5% commission for VISA money transfers
  • No demo account facility before an initial deposit
  • High funding amount
  • No callback function
  • Mobile app is not available

FAQ - Frequently Asked Question

Traders asked the following questions randomly on different platforms. 

Let’s have a look:

  • Is Raceoption Legit?

    If you are pointing to regulation, it's not a regulated broker. In terms of legitimacy, it counts as a legit broker for the time being. 

  • Can I start with $10?

    The initial deposit amount is $250. After that, you can trade with whatever you want. 

  • What is "Risk Free Trading" in Raceoption?

    The bonus provision rules provide compensation for risk-free trades in case of negative results. This service requires prior approval from your account manager.

  • Is there any demo trading facility?

    You can only demo trade after depositing the initial amount.

Final Words

So, to conclude, it’s wise not to fall for any temptation and trade with a well-planned strategy for a better trading experience.

Features of Raceoption are strong enough to convince traders to trade with them.

But, RaceOption provides no guarantees of profit nor of avoiding losses when trading, as they have already stated in their website disclaimer.

Other brokers are unlikely to guarantee your win rate. But in reality, it depends on your capability, strategy, and skills.

So, you must be prepared for any situation when you start trading.

Good luck.