Binary.com

Binary.com binary options was formerly known as BetOnMarkets.com is a highly rated binary options broker who are based in the Isle of Man and Malta. The platform is owned and operated by the Regent Markets Group limited who have extensive business interests in the Asian Pacific region and are listed on the Hong Kong Stock Exchange. Binary.com is fully licensed and regulated by the Isle of Man’s Gambling Supervision Commission as well as the by the Lotteries and Gaming Authority in Malta this enables them to conduct business for clients in the European Union and U.K region. They provide a staggering number of tradable assets (see full list here) and a good variation in expiry times on a platform that is unique and very easy to grasp. They are also one of the only binary option brokers who provide their clients with a comprehensive charting solution.

 

View full list of assets traded
 

binarycom

 

Broker

Binary.com home page
Binary.com home page

 

Binary.com offer clients a staggering large selection of tradable assets, including commodities, currency pairs, indices, stocks, sectors and random. You may be asking what are random assets because we were asking the same thing, well a quick look at their well laid out website and you will find the answer “The Randoms are indices generated from random numbers. These markets are available for clients to trade 24 hours a day, seven days a week. Clients may trade randoms on all of the contract types we offer: Rise/Fall’ Higher/Lower, Touch/NoTouch, Ends Between/Outside, Stays Between/Goes Outside, Tick Trades”  For a full explanation on each random available see their website Binary.com

On first look at the platform it is different to all other offerings in the market place which is ok if it works and we think it does. Why is it different well, you as the trader need to enter what you would like your pay-out to be and not the amount you wish to stake, the platform will then show the level of the stake you are required to place to achieve your required pay-out.  See image below.

 

Trading ticket
Trade entry ticket

 

binarycom

 

A very pleasing thing to see on the platform is a comprehensive charting solution, which is way ahead of any other chart offerings by other binary option brokers, they offer a variety of charting options that will allow traders to perform chart based analysis on the assets that Binary.com provide. They also provide a full list of pricing for assets either daily or intra-day and are detailed enough to provide percentage changes.

Their platform as you now know is slightly different and this follows through into the trade types that they provide

 

  • Rise/Fall Option Contract –If you select “Rises”, you win the pay-out if the exit spot is strictly higher than the entry spot. If you select “Falls”, you win the pay-out if the exit spot is strictly lower than the entry spot.
  • Higher/Lower Option Contract – If you select “Higher”, you win the pay-out if the exit spot is strictly higher than the barrier. If you select “Lower”, you win the pay-out if the exit spot is strictly lower than the barrier.
  • Touch/No Touch Option Contract – If you select “Touches”, you win the pay-out if the market touches the barrier at any time during the contract period. If you select “Does Not Touch”, you win the pay-out if the market never touches the barrier at any time during the contract period.
  • In/Out Option Contract – If you select “Stays Between”, you win the pay-out if the market stays between (does not touch) either the High barrier or the Low barrier at any time during the contract period. If you select “Goes Outside”, you win the pay-out if the market touches either the High barrier or the Low barrier at any time during the contract period.
  • Tick Trades – Similar to the popular 60 seconds options but quicker, traders here decide which way the market will go in 5 ticks of price movements.
    • Tick Trades are further classified into:
      • Up/Down Trades
      • Lucky 10 Digits
      • Quick 10%

Another plus for potential clients of Binary.com is that they offer a demo account preloaded with some virtual dollars with no requirement to fund a live trading account, this will allow you to evaluate their platform first. They then offer a simple registration process should you wish to then open a live trading account and have one of the smallest initial deposits in the market of just 5 $/£/€  and low trade sizes. They provide the normal customer support facilities and they are contactable via Live Chat, Email, Phone or by requesting them to call you back.

Conclusion

Binary.com provides a unique and interesting offering in the congested world of binary options which works and will appeal to both novice and experienced traders. The account opening process is simple, their unique trading platform offers a massive list of assets to trade and the comprehensive charting solution is a big plus as is the demo account facility. They have come on a long way from Bet on Markets and they are well worth giving some time to if you are an experienced trader looking for a new platform or a novice.

 

binarycom

 

Broker headline details

Broker Details
Headquarters Isle of Man and Malta
Regulated Yes
Regulator Gambling Supervision Commission (Isle of Man) Lotteries and Gaming Authority ( Malta)
Regulator Website MALTA GAMING AUTHORITY
And
The official Isle of Man government website
Platform Languages English, French, German, Spanish, Portuguese, Russian, Indonesian, Chinese
Support Type Live Chat, Email, Phone, Call Back
Support Languages English, French, German, Spanish, Portuguese, Russian, Indonesian, Chinese
Platform www.Binary.com
Free Demo Account Yes
Payout Percentages Returns above 1000% (on selected trades)
Minimum Deposit £5
Minimum Account Size NA
Minimum Trade Amount £1
Maximum trade Amount £100,000
Loss Protection NA
Early Closure Yes
Deposit Options Bank Wire
Western Union
Visa/MasterCard
Clikandbuy
OK PAY
CashU
Fasapay
PerfectMoeny
Skrill
Neteller
Monetaau
Webmoney
Ukash
Instadebit
QIWI
Paysafecard
More options Binary.com website
Withdrawal Options Bank Wire
Western Union
Visa/MasterCard
Clikandbuy
OK PAY
CashU
Fasapay
PerfectMoeny
Skrill
Neteller
Monetaau
Webmoney
Ukash
Instadebit
QIWI
Paysafecard
More options Binary.com website
Tradeable Option Types Rise/Fall, Higher/Lower, Touch/NoTouch, In/Out, Tick trades
Option Expiry Times From 15 seconds up to 365 days
Number of Assets 178
Asset Types Stocks, Currency Pairs, Commodities, Indices, Sectors Indices, Randoms Markets
Number of Currencies Pairs 26
Number of Commodities 3
Number of Indicies 28
Number of Stocks 59
Number of Sectors 50
Number of Randoms 12
Bitcoin No
Account Currency Options USD, GBP, EUR, AUD
US Traders Allowed No
Mobile Trading Yes (Via Mobile WAP)
Bonus Get X when you  deposit Y
Free Contract
Account Currency Options USD, GBP, EUR, AUD

 

binarycom