Binary.com (formerly BetOnMarkets.com) is an award-winning financial betting broker based in the Isle of Man and Malta. The platform is owned and operated by the Regent Markets Group with extensive business interests in the Asia Pacific region. Operating as an online gambling platform, binary.com is fully licensed and regulated by the Isle of Man Gambling Supervisory Commission as well as by the Lotteries and Gaming Board in Malta. The reason why there are two bases of operations is because the broker uses different corporate vehicles to serve clients in the European Union market and the UK market

This global approach is reflected in their new Bitcoin account. It allows traders to fund accounts (and trade) using Bitcoin cryptocurrency. However, at the moment, accounts are only open to non-EU account holders. Payment methods have also expanded to include Ethereum and Litecoin as firms embrace blockchain technology and established cryptos.

 

Trading Platform

 

At first glance, one can see that the trading platform offered by com  is quite unlike all the other platforms that are usually seen with other binary brokers. For one thing, the interface is deceptively simple. All basic functions are there. There is actually nothing unusual with the Binary.com platform until you scroll down … it’s a completely different picture. We were surprised to find that this platform offers a comprehensive charting feature for their platform.

 

 

In addition, traders have the option to get a list of daily prices and intraday prices from a tab located just below the main trading platform. The displayed price is quite detailed showing even the percentage change to the right of the quoted price.

 

Chart

As mentioned earlier, one unique feature about the Binary.com trading platform is the charts they provide. Traders can choose between the available display types:

  • Line Chart
  • Interactive Chart
  • Pop-up charts
  • Legacy Chart

 

 

Trade Type

As Binary.com is not your typical binary options broker, the types of trading contracts they offer are slightly different from mainstream binary contracts. For example, traders can choose from:

  • Rise / Fall Option Contract

The trader will determine whether the expiration price will rise or fall from the current spot price.

  • High / Low Option Contract

The trader will determine whether the price will end higher or lower than the set price target.

  • Touch / No Contract Touch Option

Payments are made when the price TOUCH Trade or DO NOT CHANGE the price target that has been determined during the contract period.

  • Entry / Exit Option Contract

The goal is to see if the price will be between or OUT of two price targets.

  • Tick ​​Trades

Just like the 60 second option, the trader here decides which way the market will enter within 5 points of the price movement. Tick ​​trading is further classified into:

  • Up / Down Trades
  • Lucky 10 Digits
  • Fast 10%

 

Demo & Trading Account

One interesting thing about Binary.com is the fact that they let customers try their platform with a demo account with $10,000 in cash. This is not something you often find with other binary brokers. Most other brokers will require you to login and make a deposit first before they will let you access their trading platform.

Once a trader decides that he wants to open a live trading account with binary.com, all he has to do is fill out the registration form, login, and place a minimum initial deposit of $ / £ / € 5.

 

Trading Software Features

Payout figures at binary.com vary from around 60% to 110% depending on the type of contract. The exact payment can be seen on the right side of the trading platform. Traders should note that ratio changes always follow market fluctuations.

 

Asset Index

The list of available assets is very extensive. Traders can choose from Forex, Commodities, Stocks, Indices and Random Indexes and Quotidians Markets. To get an idea of ​​what is on offer; Readers can visit their website to see the full list.

 

User support

Customer support is available 24 hours a day from Monday to Friday. Basically, the merchant can choose to email them, call them or request a callback.

 

Trustworthiness

Because Binary.com operates as an online gaming platform, they are currently regulated by gaming regulatory authorities in Malta and the Isle of Man. However, this may change in the near future as Malta is currently working to regulate binary options trading on the island. So before that happens, traders have to rely on gaming authorities to protect their legal rights.

However, one has to remember that Binary.com is part of a multinational conglomerate so it is unlikely that they would do anything illegal to tarnish their corporate image.

 

Mobile App

The mobile app is another very strong offering. Like the rest of the trading experience, the app maintains the look and feel of binari.com. The unique trading platform remains the same on the mobile version, and the company ensures that the application is optimized for each specific device and operating system. Android applications for example, have been designed to maximize the capabilities of android devices. Likewise, Apple products such as the iPad and iPhone will see features unique to that operating system.

This attention to detail is a big part of what has kept this brand on the cutting edge of the binary options industry since its inception.

The mobile application delivers a smooth, yet easy to use trading platform to ensure traders can make and maintain trades at any time. It’s another one for the firm.

 

 

Robots

Binary.com offers their ‘Binary Bot’ service, which is another innovative feature. Leading brokers are all rushing to make similar features available. It gives traders the ability to configure and build their own auto dealer.

So traders can build automated trading robots, based on their own systems or winning strategies. They can then set the robot ‘live’ to trade whenever market conditions trigger criteria set by the trader. This build tool runs smoothly through the demo before traders are left to lose it – and best of all, can be tested before you sign up or log in with a live account. So it can be tried freely. Here is the robot builder screen:

 

 

Is Binary.com A Scam?

Binary.com is one of the most respected brands in binary options. They were started and cultivated by respected traders and are now a multinational company that does not need to replicate the ‘fraudulent’ behavior that may be seen elsewhere in the industry. This brand can be used with absolute confidence.

 

Bonus

Binary.com has withdrawn their deposit bonus offer. Currently, there are no free trades available, or ‘no deposit bonus’ promotions in operation.

 

Strategy

Strategy needs to be thought of in a different way for Binary.com. The method of choosing an expiration time is unique, and any winning strategy needs to consider it. The flexibility offered by both the trading platform and the software itself (in terms of expiration and contracts) means that winning trades are within the grasp of any trader willing to put in the time and effort to hone their strategy.

This is one of the main reasons why this particular broker remains the choice of advanced traders. The firm delivers a variety of advanced platforms as well – offering MT4 and MT5 (MetaTrader) integration – and an innovative “Binary Bot” auto trader tool.

Intermediate Bots allow traders to create their own bots or automated trading setups. The firm also offers a means of integration beyond what other firms might offer. These bots allow retail investors to access some features that are limited to more robust signal services or auto trading advisory services.

The stab trading strategy is something that is only possible with Binary.com, and the flea trading platform is not something that has been replicated elsewhere. Certain strategies however require their own section, so for those who want to read up on existing systems, check out our strategy page.

 

Check the Conclusion

Benefit

  • Detailed Chart Tool
  • Demo Account
  • Attractive Trade Contracts
  • List of External Assets
  • Flexible Trading Terms
  • Good Support Service
  • High Returns
  • Long Operating History
  • Easy Trading Platform
  • Low Minimum Deposit Requirements

The truth is that I have won with what Binary.com has to offer its customers. They make it easy to open a live account by setting a minimum minimum deposit of $/£/€5 (depending on your currency choice). In addition, their trading platform is truly unique with charting tools as advanced as the dedicated Meta Trader platform (both mt4 and now mt5). Their long operating history and the fact that they are a subsidiary of a larger entity gives me peace of mind to do business with them. So if you are looking for a different type of binary broker than what the industry has to offer, check out Binary.com.