Binary.com is a well-established broker since 1999. Binary.com has headquarters in Japan, Malta, China, European area, Hong Kong, India, Indonesia, Russian Federation, Spain, Thailand, Turkey, United Arab Emirates and United Kingdom. Binary.com to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by FSA (Japan) 2949, MFSA IS/70156 and The Financial Commission 08.06.2020.
Company Information
Features
💰 Bonus offers
📖 Free education
📈 Managed accounts
Account Information
Apart from the forex demo account, this broker offers MT5 Financial and MT5 Financial STP. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Binary.com is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1.
Min Deposit
$1
Max Leverage
1:1000
Spread
Variable
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $10
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
Instruments Traded
Besides lots of currency pair, Binary.com also offers some instruments you would like to trade on, such as Forex, Indexes and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for MT5 Financial account, Binary.com specifically provides it with the following instruments and leverage:
Forex
1:1000
Indexes
1:500
Crypto
1:3
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
Instruments Traded
Besides lots of currency pair, Binary.com also offers some instruments you would like to trade on, such as Forex for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for MT5 Financial STP account, Binary.com specifically provides it with the following instruments and leverage:
Forex
1:100
Payment Methods
WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Binary.com also provides payment with 365Cash, paysafecard, iWallet, YooMoney, Western Union, UnionPay, Perfect Money, Moneta.Ru, Local bank transfer, Litecoin, Crypto and Credit/debit cards
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Binary.com offers you MetaTrader 5.
Customer Support
Do you have any question or find any trouble related to Binary.com? If you do, you should reach Binary.com's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About Binary.com
Is Binary.com a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Binary.com is a good broker for you or not by reviewing the criteria. In general, Binary.com provides trading service in Forex , Indexes and Crypto . As for the payment methods, you can choose between 365Cash, Crypto, Credit/debit cards, FasaPay, iWallet, Litecoin, Local bank transfer, Moneta.Ru, Neteller, paysafecard, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Western Union and YooMoney. The customer support is available via Email and Live chat.
What is the minimum deposit for Binary.com?
The starting capital in Binary.com is $1.
Is Binary.com regulated?
Binary.com is regulated by FSA (Japan) 2949, MFSA IS/70156 and The Financial Commission 08.06.2020. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Binary.com legit?
Binary.com is a brokerage company offering trading services for clients since 1999 with offices in Japan, Malta, China, European area, Hong Kong, India, Indonesia, Russian Federation, Spain, Thailand, Turkey, United Arab Emirates and United Kingdom.
