Broker Binary.com: review of conditions, reviews
## Review of Trading Conditions on Binary.com
In the world of trading, there is always risk involved. Profitable trades as well as losses are possible. Therefore, it is important to choose a reliable broker that will ensure the safety of your funds and confidentiality of information, as well as provide fair payouts. In this review, we will look at the largest player among brokers – Binary.com. This company, licensed since 2000, has over a million satisfied traders.
A Brief Overview of Key Facts about Binary.com
The official Binary.com website states that it is a reliable broker that helps both experienced traders and beginners achieve financial success. The company is managed by Deriv Limited, an investment firm since 2000. After the launch of the BetOnMarkets project, the first product in the binary options trading sphere was introduced. Recently, the company rebranded to Binary.com.
- Deriv Investments Limited (Europe) – EU residents. Registered in Malta (license no. IS/70156),
- Deriv SVG LLC – residents of countries other than Hong Kong, Canada, and the USA, Saint Vincent and the Grenadines (document no. 25299 BC 2019),
- Deriv V Ltd – Vanuatu, address – Govant Building, Port Vila,
- Deriv BVI Ltd – British Virgin Islands, address – Kingston Chambers, Road Town, Tortola,
- Deriv FX Ltd – Malaysia, license no. MB/18/0024.
User reviews testify to the fairness and reliability of Binary.com. The company is registered in Jersey and is a member of the Financial Commission, which provides compensation in case of force majeure situations.
Binary.com ensures data and fund security through patented technology and SSL certificate. User reviews point to the absence of slippage and a high level of reliability.
Registration on Binary.com
To register on Binary.com, simply provide an email address. Identity verification is required for full cooperation. The company ensures the security of clients’ funds and information.
Trading Conditions on Binary.com
Binary.com sets a minimum entry threshold of $5, making trading accessible even for beginners. The Binary.com platform has high performance and a wide range of assets.
- Demo account for testing and strategy development,
- Standard account with a minimum deposit of $5 and a variety of contracts,
- MT5 accounts for trading currencies and contracts for price differences.
Binary Bot – a unique application for creating robots for auto trading. Clients praise its convenience and effectiveness.
Deposits/Withdrawals on Binary.com
The company offers a wide range of deposit/withdrawal methods, including bank transfer, payment cards, and electronic payment systems. The account funding process is fast, and withdrawals are processed according to regulations.
Reviews about Binary.com
Reviews about Binary.com are mostly positive. Clients highlight the promptness of fund withdrawals and the user-friendliness of the platform.
Summary of Binary.com Review
Binary.com is one of the best brokers in the market. With a wide range of assets, reliable trading conditions, and a high level of security, this company has gained the trust of millions of traders. We recommend carefully reviewing the overview and reviews before deciding to cooperate with Binary.com. The decision is yours!
My experience with Binary.com, as a broker, was unfortunately quite disappointing. The platform lacks transparency and the terms and conditions are concealed within complex jargon. The customer service is mediocre at best, with prolonged response time and often unclear, inconsistent information given from different representatives. Additionally, they have extremely high and hidden commission fees, which took a large portion of my earnings. The platform itself is not user-friendly and lacks efficiency. I’ve also experienced several technical issues. Hence, my overall experience was unsatisfactory, leaving me with a sense of loss rather than gain. I wouldn’t recommend Binary.com as a reliable or trustworthy broker.
Binary.com broker offers an array of trading options with comprehensive tools and features, though some users have expressed concern over customer service response times and withdrawal procedures.