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Binary.com Broker Review 2020

  • Min. Deposit $5
  • Min. Invest $5
  • Return 100%

Back in 1999, Binary.com appeared on binary market and offers trading platform for investing in binary options. South African market is one of markets where Binary.com broker operates.

For years now, Binary.com broker is recognized as reliable binary options broker. This brokerage company is owned by the Binary Investments Ltd.

Our Binary.com broker review showed how they accept traders from South Africa. To know more about how to trade binary options with this broker, we advise our readers to check further our Binary.com broker review.

Binary.com Trading Platform

Own software is one of main characteristics which we learnt in Binary.com broker review. With an user-friendly interface, this platform is excellent choice to all traders, including those who are beginners in binary options industry.

Binary.com broker review reveled how this broker is a regulated one, with MGA licence (Malta Gaming Authority) – reg.no. MGA/CL2/118/2000.

To get started, required Binary.com minimum deposit is just $5. Investment also starts with $5, while maximum investment is $100000. Bonus can go up to $150, while maximum return is up to 100%.


Binary.com Trading Features

To interested traders, Binary.com offers a wide range of trade options, including 60 Seconds, High/Low, One Touch, Boundary, Touch Options and Long Term. Combined with them, available time of expiry are: 15 s, 30 s, 60 s, 2 min, 5 min, 15 min, 30 min, 1 hr, 24 hr, 24 hr, end of day, end of week, end of month, 30 days and up to 150 days.

South African traders are able to choose from a selection of underlying assets, such as commodities, stocks, currencies and indices. A full list can be found under Asset Index on their platform.

As a powerful tool we discovered in Binary.com broker review is a demo account.

On demo, traders are able to practice trading and use different strategies to see which one works the best for them. Binary.com offers $10000 of virtual funds to practice trading on demo account, which contributes to the fact how there is no potential money loss since traders don’t invest real money.

For this Binary.com broker review, we haven’t noticed mobile app. In recent years, mobile app has become a widespread trading feature since it enables traders to access mobile version of the trading platform. We hope they are considering about implementing mobile application to all their registered traders in South Africa.

However, it is worth mentioning how Binary.com has an extraordinary Education, which can be very helpful to all traders who want to trade binary options on this platform.

Under Education tab, South African traders are able to find useful materials, such as webinars, safety tips, weekly market updates, glossary and FAQ. Under New to Trading?, traders can find relevant info about how to trade binary options and expand their knowledge.

Binary.com Customer Support Service

Traders in South Africa interested in Binary.com platform can contact this broker via email on [email protected], liv chat and phone for few countries worldwide.

By our experience, live chat is by far the quickest way to contact binary broker and Binary.com offers a very good support service. Support agent joined chat shortly and provided us with necessary information.

Our Binary.com broker review showed how platform is multilingual and available on English, Spansih, German, French, Russian, Polish, Portuguese, Italian, Chinese, Indonesian, Arabic and Vietnamese.


Binary.com Banking Info

In order to join Binary.com platform, South African traders should know how registration is completely free. As mentioned above in Binary.com broker review, minimum deposit is $5, which is way less than average in binary industry.

Under Cashier tab, traders can select preferred payment method, such as:

  • Credit cards – Mastercard, Visa and UnionPay
  • Bank wire transfer
  • E wallets – Skrill, Neteller, OKPay, FasaPay, Perfect Money, WebMoney, Moneta.ru, QIWI, PaySafe Card and Yandex.Money

Regarding withdrawals, traders first have to submit a withdrawal request, which will be processed within 2 business days. However, for withdrawals via bank wire, time expands up to 5 business days. Also, for bank wire option, fee of $25 will be charged.

Our Binary.com broker review revealed how South African traders don’t need to send any documents to authorize trading account, since all payments are executed through AAArated banks for better safety of traders’ funds.


Binary.com - Review Conclusion

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