Platforms & Reviews
Binary.com got more than 1 regulation and license, which shows me that the broker is trusted. In addition, the company is debt-free and uses top-tier European banks for money transactions. For customer payments, there are only regulated payment methods available. Do you search for trusted information and experience with Binary.com? With more than 10 years of experience in trading, I will check in this review if Binary.com is a scam or a reliable broker.
77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. All in all, Binary.com is the leading broker for options trading.
Languages and countries
That doesn’t mean you’re guaranteed https://traderoom.info/binary-com-2021-an-online-trading-platform/ to lose, but it does mean that to profit, you have to be very lucky and very good at predicting the market. Furthermore, binary options are especially susceptible to fraud. For these two reasons, among others, binary options trading is considered a form of gambling in many jurisdictions, which may impact its legality in certain places.
It depends on your country of residence and which documents the broker needs to check your identity. Binary.com can request a copy of your passport and utility bill. It is quite simple to open a trading account with Binary.com.
- You can invest in different assets and buy or sell them with high leverage.
- In conclusion, the SmartTrader which is recommended for beginners offers all tools for professional and successful trading.
- Nasdaq is listed as ‘US Tech 100’ under the indices list.
- Thus, your account and the funds in your account stay safe.
Quotex is a new Binary Options Broker founded in 2020 and based on First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St. Vincent und die Grenadinen. The broker comes with an in-house trading platform for digital options. It is a very user-friendly interface and is good for beginners. In addition, for mobile traders, there is an App for Android and iOS available. Pocket Option is a new broker that knows how to attract new customers. The return on investment can be up to 95%+, and a free achievement program exists.
Is Binary.com regulated and safe?
Begin trading with well-known assets such as major currency pairs (e.g., EURUSD, USDJPY) or popular stocks. These markets tend to be more stable and easier to analyze. Some brokers use aggressive marketing tactics, promising high returns with little risk.
Set a trading plan
Traders do not need to own the underlying asset, which simplifies the trading process and eliminates concerns related to ownership, storage, or dividends. In terms of regulation, BinaryCent is a broker regulated by the Global Financial Services Authority (GLOFSA). One of the disadvantages of RaceOption are the deposit fees per card which go up to 5%. However, you can deposit with crypto currencies like bitcoin, ethereum as well as other crypto currencies without fees as well as with Perfect Money electronic wallet. How to trade Binary Options (Investopedia link) – In this section, we will give you a short overview of the finance product.
Expert Option makes a good impression on us because of the professional trading platform. With one click, you can create a free demo account with $10,000. The SmartTrader trading platform is a simple and easy to use platform. Via the SmartTrader platform provided by the broker, you can trade binary options on financial markets around the world.
International clients who want to trade Binary Options trade under this license. The address is Hinds Buildings, Kingstown, St. Vincent, and the Grenadines. The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity. Stick to your trading plan and remain disciplined, especially during losing streaks. Traders using this strategy analyze historical price movements to make predictions about future price behavior. They focus on patterns, support and resistance levels, and candlestick formations.