Goals for New Binary Traders

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Binary Options

What are binary options

A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If your prediction is correct, you receive the agreed payout. If not, you lose your initial stake, and nothing more. It’s called ‘binary’ because there can be only two outcomes – win or lose.

Advantages of binary options trading

Aside from the simplicity of its ‘yes or no’ proposition, binary options trading is also very flexible. It gives you the ability to trade:

  • All markets

Trade on underlying markets that include Forex, indices, commodities, and more.

  • All market conditions

Predict market movement using up/down, touch/no touch, and in/out trade types.

  • All durations

Take a short-term or long-term view with trade durations from 10 seconds to 365 days.

  • All payouts

Earn payouts up to USD 50,000. Losses are limited to your initial stake and nothing more.

Why you should trade binary options with Binary.com

Enjoy an award-winning online trading platform with trading conditions that are ideal for new and experienced traders.

Award-winning online trading platform

  • Simple and intuitive
    Enjoy a trading platform that’s easy to navigate and use
  • Instant access
    Open an account and start trading in minutes
  • Available 24/7
    Trade when you want. Our Synthetic Indices are available even on weekends
  • Patented technology
    Trade with the industry pioneer and holder of a patented pricing technology
  • Security and privacy
    Trade confidently, knowing that your personal data, transactions, and funds are always secure

All conditions and durations

  • All markets and conditions
    Trade currencies, indices, commodities and more in rising, falling, sideways, quiet, and volatile markets
  • Short to long-term durations
    Choose timeframes from 10 seconds to 365 days

Competitive and transparent pricing

  • Sharp, benchmarked prices
    Receive prices that are benchmarked against interbank rates
  • Transparent risk and potential reward
    Know how much you will win or lose before you purchase the contract
  • Protect your profits
    Sell your long-term contracts before expiry to protect any profits you may have made or to minimise your losses
  • Two-way pricing
    Receive quotes for a trade and countertrade, so you always get unbiased, transparent rates

Ideal for new and experienced traders

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

  • Low minimum stakes
    Deposit as little as USD 5 to start trading
  • Trade according to your preferred strategy
    Trade based on “gut feel” or rely on technical and fundamental analysis
  • Flexible
    Choose from over one million possible trade variations at any time, and customise your trades according to your preferred strategy
  • Scalable
    Earn the same proportional return on stakes of all values

How to trade binary options

Binary options trading is relatively easy. You can purchase a contract in just three steps:

Strategy for a day in binary options trading

Binary options for the day — medium-term strategy for those who can’t hold a computer for several hours and constantly watch for the appearance of signals. Short-term strategies require maximum concentration and attention, while the forecast for one day or even a week is a part time job, a nice addition to the main work. The trader needs 10-20 minutes per day on the search of signal and understanding the indicators on the long frames. About the rules of trading on long time frames and examples of binary strategies read on!

The rules of options trading with an expiration period of one day

Binary options trading with an expiration period of one day or more has several advantages:

  • on the minute charts indicators strategies show a lot of false signals because of price noise, the nature of which is unpredictable fluctuations, confounding the understanding of the direction of the trend. Daily chart price keeps out noise and keeps the price slide (slip on the minute indicators zero deposit);
  • day tactics are often used to trade at the end of the day one of the sessions, when binary options trading activity is on the decline;
  • low risk in comparison with scalpers strategies.

Trading rules and strategies of work with binary options for day:

  • choose a broker that gives the possibility of early closure of option. If the trend went the wrong way and wait for the end of the day makes no sense, prematurely closed binary option will save time and minimize the loss;
  • try to close positions before the weekend. The weekend markets are closed. In addition to swaps (payment of a fee for transferring of your position), the trader may lose money because of the gap — the gap between closing price and opening day;
  • binary options for day does not mean you have to put the expiration of 24 hours. This means that the analysis uses daily charts, and expiration can be set for a few hours.

How to trade binary options 24 hours: tactical strategy

1. Strategy on the news

In short time frames the strategy on news in binary options is not recommended, you can not say about long ones. At the time of news the market is volatile (volatility may last a day). Institutional investors (they set the basic direction of prices) estimate associated with the solution (news) the factors and make a decision. The first 30 minutes of mood are not clear, but the direction of the price will gain direction. Make a deal for a few hours and make money with big investors!

  • Example: on the eve of the weekend on Friday at 15.30 05.05.17 report was published Nonfarm Payrolls (to be released in the last day of the first week). With the forecast of 185 thousand new jobs fact amounted to 211 thousand That’s how the dollar responded this day:

At 15.30 at the time of publication of information the investors chose to temporarily close positions, that led to small dip in the first 30 minutes. Another 30 minutes took the traders to an assessment of the situation and by the evening of Friday, the dollar reached a maximum, which instantly collapsed on Monday morning. Insights:

  • binary options can bring a guaranteed profit when you open an hour after news in the direction of the main trend. Expiration of about 1-3 hours;
  • before the weekend, at the end of the week binary options shall be closed.

2. Strategy on indicators

2.1 Binary strategy Momentum and EMA

Binary strategy, close to classical designed for medium-time frame with the opening of the transaction at the end of the day. You can trade any liquid pairs. The main rule of binary options — with forecast to clearly observe the coincidence of all indicators together. Trading conditions:

  • expiry time for binary option — the end of the day;
  • time frame — 1 hour;
  • indicators: candles, Momentum (18), EMA (24).

Signals for purchase of binary option:

  • the candle body is wholly or at least 80% crossed EMA upwards;
  • Momentum indicator above the zero level.

Signals for sale of binary option:

  • the candle body is wholly or at least 80% crossed EMA upwards;
  • Momentum indicator below the zero level.

The end of the week, chosen at random. At this point novice traders go out of the market, leaving the strong players that will not destabilize the market. You can trade without the risk that the deal will suddenly unfold for unknown reasons.

2.2 Binary strategy “the Last hour”

I could cite you examples with a complex indicator strategies of binary options allegedly modified under the trade in the last hours of the day (SuperWoodieCCI modified oscillator Signal of MA Crossover modified sliding). But it makes no sense. All these strategies by the end of the day have not the slightest relationship. We offer you a simple candlestick analysis, which can supplement MA:

In this figure it is seen that the rising candle started to form at 19.30 (GMT) and at 21.00 you could earn. The essence of the strategy in the following:

  • at the end of the day the traders begins to lock position. If to the last hour the trend was decreasing (the majority of opened positions), the fixation position is going to mean growth of the trend. Conversely, if the market grew, the position fixing would mean a sharp turn;
  • set timeframe strategies 5 minutes or 15 minutes. Waiting for the last hour, enter the market with the expiration of a maximum of 30 minutes. For the last 15 minutes usually there is a collapse.

In the picture above before opening a position at the end of the day was flat. So on the circled candle it would be dangerous to enter, entrance no later than 19.45. But with understanding of trend direction, everything becomes simple. Below is a more accurate entry signal.

Up to 20.00-formed downtrend, 20.15 candle draws a turn, enter the market. At 20.45 close option. On the chart it will look like this:

At 20.00 Began to form a drop-down reversal of the trend (fixation of position), at 20.15, the trend went up (yellow circle), at 20.15, the option was closed. By the way, we are not alone work by this tactic, it’s the only explanation why in the last 15 minutes (20.45) the price has gone down.

  • Important! We have put together two options of the situation. In the first case, the entrance to 20.00 would bring a loss and the second – profit. The reason the preliminary state of the market. The strategy only works when before the last hour there was a pronounced decrease or increase.

Summary. Forecast of transactions in binary options one day is done by the hour or daily charts. We recommend you to view both timeframes. If the direction of the price is the same, then it’s the signal to open trades with expiry equal to the lesser timeframe. Day strategy is recommended for those who have most of the work, not ready to be at computer and seeking regular trading. We will be glad if you share your strategies of binary options for the day or leave a few tips for our readers in the comments after the article!

8 Reasons Why Binary Options Traders Fail

By Markus Silvester – October 22, 2020 9:57 am

Binary options have become one of the most popular ways of trading, especially when it comes to non-professional traders. High returns, easy to understand rules, user-friendly platforms and alluring features make trading easier than ever. There is also the possibility of using automated trading software when trader only has to set its preferences and make a deposit, and after that a highly advanced trading software developed by experts places trades instead of them.

One of the best trading software is Binary Options Robot. You can find more about it here. Most of the brokers offer signal service to their traders as well, which makes decision-making process even easier and gives better and more pleasant trading experience. And yet, some traders fail to make a profit.

In order to help existing and potential traders to succeed, we created a list of 8 most common mistakes traders make when it comes to binary options trading. We hope that this overview will make trading more straightforward, but also that it will remind traders that there is more to binary options trading then “put” or “call”.

Here are the 8 most common reasons why traders fail.

1. Neglecting the Education

Binary options trading seems easy, and that is why some traders neglect the importance of financial education. Education doesn’t have to be formal, and successful traders aren’t always those with a business degree. Trial and error strategy might seem like a great idea to the inexperienced trader, but professionals would disagree. Instead of wasting your time and money on this poor strategy, it is better to spend some time reading educational articles, and e-books, researching brokers, various strategies, graphs and features and following daily financial news etc. Knowledge is power in every aspect of life, and binary options industry is no different. Always be informed and ready to learn something new, even if it means placing fewer trades.

To get the most out of your trading experience and make more profit, make sure to visit our Academy that offers plentiful of articles that will help you understand the world of binary options.

2. Ignoring the Demo Account

Even experienced traders sometimes ignore the demo account provided by the broker. They know everything there is to know, right? Well, the truth is quite opposite, as every broker is different, has a different trading platform, various features and trading options. Demo account gives the trader the opportunity to research the platform, see how the trades are set, and get some general overview over the platform. Other than that, every broker lets traders invest virtual money in order to develop their strategies and see how it feels to place trades, which means that traders don’t have to spend their real money in order to get accustomed to the interface. If the chosen broker gives its traders the opportunity of a demo account, be sure to use it for your own personal growth as a trader.

Many brokers recognized the importance of demo account, so sign up with brokers that offer a demo like

IQoption is a broker especially recommended to the newbies as they offer demo account without the initial deposit.

3. Lack of Discipline

One would think that financial world is completely cold and emotionless, but just a simple glance on the average trader will reveal that it’s not always so. As human beings, traders are prone to get under the influence of their feelings, whether good or bad. Losing streak may cause frustration and anger, which usually lead to making bad decisions and forced trades. Winning streak gives traders self-confidence and they tend to neglect some objective factors that may influence their future trades. No matter what your streak looks like, remember that every trade should be thoughtful, with all influences taken into consideration. Be patient, observant, calm and try to develop an investment plan as soon as possible in order not to spend your funds irrationally.

To avoid the negative influence of emotions, find out how to control them here.

4. Keeping Investments On the Bare Minimum

One of the alluring characteristics of binary options is that they are available to everyone, and not just traders with significant funds. Most brokers require a minimum deposit of $200, which is quite low compared to other types of financial services available on the market. One would think that those $200 will simply multiply as they progress as traders, but they would be wrong.

Even if initial deposits are low, required minimum investments can be as high as $50. Now, if we compare that to the minimum deposit, it is easy to see that it enables a trader to place only four trades. Other than that, minimum investments bring minimum profit in all types of trading, and binary options are no exception to the rule.

With small investments, it takes longer to accumulate significant funds on the account, which can make traders nervous and impatient, which leads to placing irrational trades in order to achieve more in less time. Besides, traders must always count on possible loss, and knowing that the minimum deposit now seems almost inadequate for serious trading and serious profit. Traders, no matter how experienced, should research various account types offered by various brokers and choose the one that suits their needs best.

For all traders who are not sure about how to place trades, we recommend trading by using free Binary Options Robot, the best automated trading software available.

5. Absence of Plan

Even if binary options trading sounds simple, don’t be deceived as it is still the type of trading. Many users think there is nothing more to it than registering, making a deposit and placing trades, but a good plan takes responsible trader a long way. Planning is, along with education, one of the most important segments of binary options industry. Be sure to make a plan about how much, when and where to invest the money. Include some risk management strategies, and always count on possible losses. Traders must be ready to revise their plan if they see it is not working for them and losses are simply too high. Traders with more advanced accounts are sometimes assigned a personal advisor who can help them in making a better investment plan.

6. Unrealistic Goals

We must admit that there are some irresponsible brokers who use false advertising and promise unrealistic amounts in a short period of time. These brokers make traders believe that binary options trading is an easy way to make a lot of money. In reality, binary options are a profitable way of trading, but only if the trader is responsible, educated and patient. In order to avoid scam brokers, make sure to trade with a broker who is registered by some of the regulatory bodies like CySEC. Traders must be aware of their own greed and false promises, and realize that binary options are still a type of financial trading where no one becomes rich over night. Also, traders must take their invested amount into consideration, as bigger investments make a bigger profit.

7. Overlooking the Changes

It is easy to forget how dynamic binary options industry is, and for that reasons traders must be ready to reevaluate their trading plan, chosen strategy and placed trades in every moment. Changes should not be seen as something hostile, but as new opportunities that enable them to make more money if they are ready to adapt to the new environment. Proper education and detailed plan may reduce the risk of unexpected changes, but they are not a guarantee that those won’t happen. Also, the trader should not be scared to use additional features offered by the broker as rollover, double up, early closure and sell in order to adapt to the new circumstances on the market.

8. Inadequate Money Strategies

It is impossible to become a successful binary options trader without implementing the strategies, but traders often forget that strategies alone are not enough to succeed. A trader who has a good strategy knows what is going on in every moment of the trade, is aware of all the risks and knows what are the possibilities in case the trade takes an unexpected turn. Successful traders know how to manage all possible risks, and are aware of high-risk trades. They never place all their funds into high-risk trades, but only the smaller amount. That way they protect their funds from high losses, and always have a backup with more conservative trades, because losses, no matter how small, are still affecting their balance.

Binary options trading can be a great experience if one is aware of the effort that has to be put up in order to make meaningful profits. This type of trading is user-friendly, but that does not mean that it should be taken easily and without prior research and education. Traders must be ready to adapt to the completely new trading environment and to take their time, as forcing trades is not the best strategy.

Beginner’s Guide to Binary.com: Complete Review

Binary.com is a trading platform dedicated to offering binary options from the world’s various financial markets. The website was founded in 1999, making it one of the oldest online trading platforms — as well as among the most-respected ones. Via the Binary.com website, users can trade volatility indices, currencies, indices, and commodities. The online broker prides itself on offering the most flexible pricing as well as the most comprehensive suite of products available.

Binary.com has a strong commitment to high ethical standards and supplying a high-quality trading experience. This includes holding deposits within a trust account that is separate and never using client-deposited funds for another purpose.

Please Note: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Binary.com was founded in October 1999. The broker is free of debt. Today, it has more than 200 contractors and staff members around the world, as well as more than a million registered accounts. The platform averages 20 transactions each second, 24/7. There are physical offices in Malta and Malaysia, and all information and the website are available in Chinese, English, French, German, Italian, Indonesian, Portuguese, Polish, Spanish, Russian, Vietnamese, and Thai.

This year, the active client base of Binary.com is expected to reach more than 100,000. This year, the online broker is projected to have more than 197 million transactions, which would mean a total of more than 789 million contracts bought and sold on the platform since its release. Additionally, Binary.com is predicted to generate more than $1 billion in turnover this year, which would lead to a total turnover since its inception of more than $5.7 billion. Client withdrawals this year are expected to amount to more than $140 million. Before this year, the figure was nearly $500 million. Binary.com also expects to increase the staff in its three offices thanks to the increased demand for its services and products.

Binary.com License and Regulations

Customers can rest easy knowing that Binary.com is licensed and regulated in Ireland, the Isle of Man, the United Kingdom, and Malta. Binary Group Ltd. owns and operates Binary.com. Clients in the UK trade through Binary (IOM) Ltd as well as Binary Investments (Europe) Ltd. Those in the Isle of Man trade via Binary (IOM) Ltd. Those in the European Union apart from the United Kingdom trade via Binary (Europe) Ltd as well as Binary Investments (Europe) Ltd. In the other areas of the world, customers trade via Binary (C.R.) S.A.

The holding company for the following Binary.com subsidiaries is Binary Limited, which has its office registered at 47 Esplanade, St Helier, Jersey, JE1 0BD, Channel Islands. Binary Investments (Europe) Ltd has the address of Mompalao Building, Suite 2, Tower Road, Msida MSD1825, Malta. The Malta Financial Services Authority regulates and licenses it as a Category 3 Investment Services provider with license number IS/70156. Binary (C.R.) S.A. is registered in Costa Rica but is not regulated or supervised by a regulatory body within the Costa Rican financial system.

Binary (V) Ltd is in Govant Building, Port Vila, PO Box 1276, Vanuatu, Republic of Vanuatu, with licensing and regulation from the Vanuatu Financial Services Commission. Binary (BVI) Ltd has the address of 2 nd Floor, O’Neal Marketing Associates Building, Wickham’s Cay II, P.O. Box 3174, Road Town, Tortola VB1110, British Virgin Islands. It is regulated and licensed by the British Virgin Islands Financial Services Commission. Finally, Binary (FX) Ltd has the address of Lot No. F16, First Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Federal Territory of Labuan, Malaysia. The Labuan Financial Services Authority regulates and licenses the company to run a money-broking business with license number MB/18/0024.

Binary.com Values

Binary.com has integrity as one of its core values, with the idea that the company should always opt for the right thing. This extends to serving customers with transparency and honesty, communicating using easy-to-understand plain language, and settling contracts by the book.

The broker also values teamwork, with an emphasis on positive team players that work together so they can achieve common goals and overcome challenges. Binary.com values competence, choosing to work with people who are talented and smart as well as willing to get things done.

Finally, Binary.com has a strong customer focus. It always puts its customers first. Additionally, the broker dedicates itself to creating services and products that provide those customers with the best possible trading experience.

History of Binary Group

The first step toward the creation of Binary Group occurred in 1999 when Hong Kong-based Jean-Yves Sireau, a hedge fund manager and entrepreneur, began Regent Markets. He created the methods, systems, and algorithms necessary to implement a financial betting system with fixed odds. His goal was to develop a market with fixed-odds bets as the simplest type of derivative contracts, so regular investors could make small bets. This was revolutionary, as prior to Regent Markets, binary options were typically traded with large quantities. In October 1999, Regent Markets received an investment to deliver online financial betting services.

In 2000, Regent Markets filed for a patent. In May of that year, it registered the name BetOnMarkets and moved to Malta to get an internet betting license. The website went live, with the company quickly becoming the market leader for fixed-odds financial betting. In 2004, Regent Markets got a license on the Isle of Man and began setting up its programming center in Cyberjaya, Malaysia. In 2007, the company received a U.S. patent for the “betting system and method.” In 2008 and 2009, Regent Markets received the customer base of a main competitor, BetsforTraders.

2020 saw two new patents in the U.S. from Regent Markets. These included “computer trading system for offering custom financial market speculations” and “computer trading system and method for speculating on a financial market.” Shortly after this, BetOnMarkets.com increased its payouts to 100,000 USD, GBP, AUD, and EUR. In 2020, the company met the milestone of $1 billion in turnover since its beginning, with 400,000 clients in its database.

The rebranding of BetOnMarkets.com to Binary.com took place in 2020. This change took place to help the platform evolve as it worked to grow its market share for binary trading. This was also when the company got its new tagline, “Sharp Prices, Smart Trading.”

From there, Binary.com continued to grow, offering new methods of trading. This included the new charting application and a short-term touch/no-touch trade. By the middle of 2020, Binary.com had more than 130,000 new daily transactions and more than 100 million historical transactions. 2020 is also when Regent Markets renamed itself to Binary Ltd, to ensure the name website and company name matched. By late in 2020, Binary.com had more than 800,000 clients and reached the $2 billion milestone. Soon after, Binary.com hit 1 million users.

This followed by Binary receiving a Category 3 Investment Services license from the Malta Financial Services Authority. Around the same time, Binary Group opened an office in Tokyo, Binary KK, and began applying for the relevant licenses. By 2020, Binary.com was processing more than a million transactions every day. After this, Binary.com introduced an e-commerce site to sell branded merchandise as well as the Binary Bot, an auto-trade programming tool that lets traders create automated trading robots simply. By 2020, Binary KK in Japan received its KLFB license as a Type 1 Financial Instruments Business and Binary.com opened its QSentral office in Kuala Lumpur. 2020 saw the addition of Bitcoin accounts for customers outside of the EU.

Binary.com Fees

Thanks to Binary.com’s patented pricing technology, clients are able to enjoy the same return rates as traders within the interbank market. This means real-time prices that are benchmarked against the interbank options markets. Clients do not have to deal with any hidden commissions or fees. They also get returns of more than 100 percent on simple rise/fall contracts, as well as returns above 1,000 percent on touch/no-touch and higher/lower trades.

Binary.com does its best to make it simple for customers to trade however they want, regardless of their market strategy. You can trade all the major indices, currencies, commodities, and volatility indices. When setting up a trade, choose your trade type, the market, the trade duration (between 10 seconds and 365 days), the strike, the barriers, and the payout (between $1 and $50,000).

Risk Management

Since there is a great deal of risk associated with binary options, Binary.com ensures that clients clearly know both the potential reward and the potential risk before they buy a contract. When you select your payout, the system automatically calculates the required stake you need to buy the contract. The stake will never increase, so you will only risk the initial stake. To further minimize risk, Binary.com makes it possible to sell contracts before they expire to minimize losses while keeping profits.

Binary.com also has a dedicated section of its website for responsible trading. Here, it outlines the risks associated with trading binary options and provides suggestions for responsible trading. These include only trading with money that you can afford to use, suggesting the use of a virtual money account, never trading when tired or under the influence, and limiting your winnings.

Binary.com further offers the ability to set limits on trading activities or self-exclude. You can limit yourself based on the amount you can trade or lose within a specific period, based on the amount of time you can trade within a single online session, or even from the website for a set of time. However, self-exclusion requires a minimum of six months. You can limit yourself via phone or email.

Binary.com Trading Platforms

Binary.com has a simple and user-friendly platform that minimizes the learning curve for new clients. The platform makes it easy to find the ideal trade for any market condition and execute a trade within seconds. Using the platform, you can monitor your portfolio with real-time information. The platform also makes it simple to sell back trades using market prices.

In addition to its proprietary platform, Binary.com has an extensive range of platforms, divided into lists for the ones that are best for beginners or advanced traders. Beginner traders can use SmartTrader, which is a premier binary options trading platform with a user-friendly and simple online platform. There is also a Binary Tick Trade App from Binary, which is designed for ultra-fast trading on the go and available for Android devices. Or you can use the multibarrier trading platform from Binary.com, Ladders, for FX binary options.

Advanced traders will want to strongly consider using MetaTrader 5, a well-respected industry standard for trading. This is an advanced multi-asset trading platform that sets the global standard for trading binary options, CFDs, and forex, and it is available for multiple devices. There is also a Binary Webtrader that is an advanced binary options trading interface that lets you watch the movements of markets and assets simultaneously. Additionally, there is Binary Bot, a drag-and-drop bot creation tool that lets you create automated trading strategies.

Binary.com also supports two charting platforms that allow traders to study the financial data relevant to their strategies and potential trades to predict market movements. TradeView for Binary.com offers powerful technical analysis and charting, along with the ability to analyze markets using overlays, price bands, and indicators. SmartCharts also provides interactive charting, letting users analyze financial markets with beautiful visualizations and unique trading tools via an intuitive, fast interface.

Binary.com Webtrader Platform

As mentioned, the Binary.com Webtrader is an advanced trading platform. This platform is fully customizable to meet your own personal preferences. It has an intuitive interface and makes it simple to simultaneously watch your favorite markets and assets. It also lets you monitor historical data, trading times, the asset index, and essential charts. The trading interface is full-screen and customizable, so you choose what is on the screen.

The platform is robust and secure, so there are no concerns about the safety of information or funds while using it. You can easily access it via the web browser of your choice and in one of 13 different languages. There are also many customizable features, including arranging and loading assets, charting, and additional resources however you want.

Tick Trade App

The Binary.com Tick Trade App is perfect for beginner traders who want to be able to trade their binary options while on the go or from a smartphone or tablet. The interface is sleek and responsive, making it quick to choose your trading preferences. You can choose a market and an underlying asset, including volatility indices assets and forex currency pairs. Use the application to designate your chosen type of binary trade, such as Up/Down or Digit Match/Differs. Via the app, you also set the pace of your trade, between five and 10 ticks. Finally, choose the amount you prefer for the stake or payout, so you can control the risk to meet your needs. This application supports English, Indonesian, and many other languages. However, it is not available in every country.

Binary Bot

As previously mentioned, Binary Bot is a programming tool that helps set Binary.com apart from the competition. This tool lets you create a trading app using a drag-and-drop function that Binary.com compares to completing a jigsaw puzzle. You can use this tool to create as many binary options trading bots as you want, making the algorithms incredibly complex or sticking to simple formulas. In addition to creating bots for your own use, you can make an additional profit by selling your bots in the Binary.com Shop to other traders. Every time a trader buys your bot, you get 80 percent of the sales revenue.

Demo Account

Binary.com does provide clients with a virtual-money account that serves as a demo account. This is designed to help clients hone their skills and get used to binary trading before they risk real money. You can easily switch between your virtual-money and real-money accounts at any time in the top-right corner of the page once logged in. This feature also lets you test out new strategies.

Payment Methods

Binary.com not only lists its payment methods but also details which currencies are applicable for each method, the minimum and maximum deposits and withdrawals, and the processing time for deposits and withdrawals. For many of the payment methods, there are also quick tutorial PDFs demonstrating the steps you should take to make a deposit or withdrawal.

Bank wires and money transfers are available in USD, GBP, EUR, and AUD. Internet bank transfers are available for USD, GBP, or EUR. Plus, Pay Sec is available for USD. You also can use a Visa or Mastercard debit or credit card for USD, GBP, EUR, or AUD. Supported e-wallets include FasaPay, Perfect Money, Skrill/Moneybookers, Neteller, WebMoney, Qiwi, PaySafeCard, and Yandex, with each working for specific currencies. Cryptocurrency funding methods include Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

Deposits & Withdrawals

To make a deposit, start by logging into your Binary.com account. From there, go to the “Cashier” tab on the navigation bar. You can then select either “Deposit” or “Withdrawal.” You will see a list of deposit or withdrawal methods. Select the appropriate one and fill out the required information. The process should be fairly straightforward to complete.

How to Trade on Binary.com

When you begin trading, you will notice that the trading screen lets you customize your position completely. At the top of this section, you will see a drop-down menu that lets you select your market, with a drop-down menu for the type of trade just to the right of this and a mini chart with the value to the right of that.

Below those features, you will notice the form that you fill out to trade. The top line lets you select your duration, filling in the value and using a drop-down menu to adjust whether that is in days or another measure of time. Right below this is a spot to fill out your high barrier, with a space for the low barrier directly below it. Underneath that, you can choose your payout, including the currency and number of units.

Binary.com includes two-way pricing. This means that if you adjust any parameters for your trade, the trade price will change instantly. This lets you see your stake in real-time and lets Binary.com continue its goal of delivering transparent pricing by displaying both sides of a trade. When you are ready to make a trade, click “Purchase.”

As soon as you do, your trade will appear in your account, with the price updating in real-time. Your account details the specifics of the trade and when you made the contract, as well as the purchase price and latest price. You can also click “View” to view the current trades in more detail. Remember that it is possible to sell a contract before expiry to keep profits or minimize losses.

Education for New Traders

Since Binary.com is designed to appeal to traders of all experience levels, the broker offers an entire “Get Started” section on its website. Here, you will find detailed explanations and articles related to binary options, lookbacks, and MetaTrader 5. The section on binary options includes a simple definition, along with a glossary and in-depth looks at what binary options are, how to trade them, the types of trades, and the range of markets.

The section on lookbacks includes a definition and a description with examples of the three types of lookbacks that Binary.com offers. The section for MetaTrader 5 has much more information as it includes sections for every type of trade that you can do using the platform, including binary options, CFDs and forex. For each forex, cryptocurrencies, CFDs, and metals, you can view what trading that asset is, how to trade it, the margin policy for that asset, and the contract specifications for it. There is then a section on binary options with MT5, including an introduction and how to trade those binary options on the platform.

Market Analysis

Binary.com provides a daily report with relevant news from around the world, specific information on the recent movements of the most popular currency pairs, upcoming events for the day that may affect trading, and a trade idea. The broker also offers a weekly market update and weekly trading signals, the latter of which appears via videos from a professional trader and charting expert.

Educational Tools

If you visit Binary.com’s Academy on its website, you will find additional educational tools and resources. In the Videos section, you can view various video tutorials and webinar videos, with topics like “Introduction to the MetaTrader 5,” “Purchasing from the marketplace,” and “MetaTrader 5 for Android/iOS.” There are also videos there that show you how to use Binary.com. This page also includes links to the videos for Binary TV, the Commodities Corner (the archives), the webinars, and the weekly trading signals.

It is completely free to sign up for webinars from Binary.com contributors with vast experience from around the world. The webinars include topics for all skill levels, including “How to trade silver” and “How to trade Forex on MT5.” You can see upcoming webinars on the Events page. The Commodities Corner has live news on commodities, including information on identifying trade setups via technical analysis. Binary TV keeps you informed about trends and headline news throughout the financial markets.

Additionally, Binary.com offers a range of e-books, including a free downloadable trading guide. Each e-book tells you the ideal trader experience level for the content, and you can find topics like “Secrets to Smart Trading.” You can also read an analysis of global markets by Jim Mellon for free.

Binary.com API

Binary.com also has an API that makes it possible for developers to create trading interfaces and applications that interact with the Binary.com system. The API supports most read and write methods and you can suggest additions via the dev forum.

Is Binary.com Safe?

Since Binary.com is regulated and licensed in multiple jurisdictions, it must comply with a high level of standards that provide protection of client funds and personal information. Additionally, Binary.com segregates client funds, keeping them secure in licensed financial institutions. All credit card details go directly to the Visa or Mastercard network with the latest version of SSL encryption, following bank policies.

Binary.com additionally offers various account security suggestions for clients, including enabling two-factor authentication, setting a cashier lock password, using Cloudflare DNS, setting a strong password, keeping your browser up to date, using antivirus software, monitoring recent logins, and never sharing account information.

Binary.com also clearly outlines its policy for security and privacy, including its compliance with the general data protection regulation and other data protection laws that are applicable. Binary.com uses personal information to validate clients as legitimate account owners and the proper recipient for withdrawal payments, as well as processing trades. All personal information is held with due diligence, only processing it for required or allowed purposes according to the law.

Competitors

Binary.com is in competition with our similar brokers which have covered before, as follows:

Affiliate Program

Binary.com has an affiliate program that lets members earn commissions via referrals of new clients. It is free to join the affiliate program. You just fill out an application, select a commission plan, and wait for Binary.com to approve your application. Affiliates get unique affiliate links as well as referral tools to help them earn commissions. There is dedicated support for affiliates, and payments are always on time.

Binary.com also has an Introducing Broker (IB) Program, which lets members earn commissions on trading activity from clients that they refer to the MetaTrader 5 platform for Binary.com. To start, you just fill out an application form if you are not already an affiliate; affiliates can just send an email. You then get referral tools and affiliate link that is unique to you. When a referred client trades CFDs and forex on Binary.com’s MT5 platform, you get a commission based on the clear commission structure.

Awards

In 2007, BetOnMarkets.com, the predecessor to Binary.com, earned the “Best Fixed-Odds Financial Trading Provider” award from Shares Magazine UK. That award recognized the website for its secure, fast, and reliable trading for all skill levels. Shortly after, the Financial Times and Investors Chronicle UK awarded the company the title of “Best Fixed-Odds Financial Provider.”

In 2008, BetOnMarkets.com repeated its Shares Magazine UK honor of being “Best Fixed-Odds Financial Trading Provider.” This year also saw the company earn the Investors Chronicle award for “Best Customer Communication Firm.” 2009 saw even more awards, including “Financial Betting Operator of the Year” from eGaming Review and “Best Fixed-Odds Financial Trading Provider” from Shares Magazine UK.

The awards continued and in 2020, Trade2Win honored the company with the “Best Fixed-Odds Broker” silver award. It then earned the title of “Best Fixed-Odds Firm 2020” from Global Banking and Finance Review. During the 2020 EGR Operator Awards ceremony in London, Binary.com earned the first prize in the category of Financial Betting Operator. This was followed by the honor of “Best Binary Options Broker” during the 16 th Annual MENA International Financial Conference and Exhibition in Dubai. During the Online Personal Wealth Awards 2020, investors voted to name Binary.com the “Best Binary Options Broker.”

Conclusion

Binary.com is a world leader in binary options and was the first company to offer many specific types of trades. The company also holds multiple patents, showing its history of innovation.

Binary.com lets you trade on one of several platforms and offers educational and analysis tools to help it appeal to all experience levels. The web trader interface is well designed and easy to use, beginners should easily be able to get up to speed by using the vast array of educational material on the website.

Binary.com has a long and well established reputation, having been around since 2000. Looking at customer reviews online we did find some complaints from users, but that is typical and nothing out of the ordinary for this type of broker. Just about every broker has some unsatisfied customers.

The site has a low deposit requirement for new customers and you have the option of using a demo account first with $10,000 so you can fully test the platform before committing to a real money account.

Due to regulatory restrictions, this broker is not available to clients based in the USA.

Please Note: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Brokers, Signals and Strategies
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: