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Overall, Brinary.com is considered low-risk and can be summarised as a trustworthy and reliable broker. Brinary.com offers a low minimum deposit of $5 USD. Brinary.com offers a wide range of customer-supported languages. Binary.com at a glance
Who is Binary.com?According to research in South Africa, Binary.com was first known as the Binary Group. Binary.com was founded in 1999 and is an American forex broker with offices in different countries such as Malta, Malaysia, and Japan. Binary Group, which is a valued name in the binary options trading business, started Binary.com and introduced some of the first Bitcoin accounts. Until 2013, Binary.com had been known as BetonMarkets.com, and a rebrand was undertaken with the purpose of capitalizing and increasing its share in a growing binary options market. Binary.com's patented pricing technology allows you to benefit from the same rates of return as traders in the interbank market. With Binary.com, you can count on us to serve you with integrity and reliability. Binary.com offers the world's financial markets in a simple, user-friendly platform. A Quick Overview of Binary.com- 24 Key Points
Binary.com Safety and SecurityOne of the best benchmarks to measure the safety of a broker like Binary.com is to establish which regulating authorities are watchdogs over its actions. This broker holds multiple licenses to comply with regulations around the world including VFSC (Vanuatu), FSC (British Virgin Islands), and IBFC (Malaysia). Binary.com Affiliate ProgramSpread the word to your audience. Use your unique referral link and our tried-and-tested referral tools to drive traffic to Binary.com. Binary.com Minimum DepositBinary.com has a minimum deposit requirement of $ 5. This minimum deposit amount is equivalent to ZAR 85,00 at the current exchange rate between the US Dollar and the South African Rand at the time of writing.
Binary.com LeverageLeverage is a facility that enables you to get much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit but also increase your potential loss. Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1. Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin. For example, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000. The margin level in a trading account needs to be equal to or more than 100% to be able to open new trades; otherwise, your trading account will be fully hedged.Binary.com offers a maximum leverage ratio of 1:1000. Binary.com AccountsA forex account at Binary.com is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies. Binary.com hosts the following account types:
Often, the number and type of accounts that a trader can open with a broker differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls. Binary.com offers the following types of accounts: A virtual (demo) account and a Standard account.
Binary.com Market InstrumentsThe most popular market instruments available from most brokers for trading include: Forex: Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates. Commodities: Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty. Indices: Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation. Precious metals: The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods. Energy: The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth. Binary.com offers multitudes of different assets which range from Cryptocurrencies, Forex, Indexes, Precious metals, and Commodities. Binary.com Fees, Spreads, and CommissionsCost depends on different factors, like spread and margins, and Binary.com clients may also experience different fee structures according to their country or place of residence. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account. Binary.com only charges commission on cryptocurrencies although the exact amount is not specified on the broker website. Binary.com has dormancy fees that are charged for inactive accounts. The fee is 25 USD, or the equivalent, every six months if there is no activity for a year. Spreads are variable depending on the financial instrument being traded. Binary.com Deposit and WithdrawalAccounts usually require a certain minimum initial deposit, which can be paid in several ways. Withdrawals can usually be made through the same avenues as deposits, but this may differ from one broker to the next. Binary.com requires a minimum deposit of 5 USD and supports the following deposit and withdrawal methods: Binary.com Trading PlatformsThe forex trading platform provided by Binary.com is the software to carry out trades. Some brokers provide only one trading platform while others offer several. A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade. Binary.com provides two kinds of basic platforms namely the Binary.com platform and the Binary Tick Trade App. Both of these platforms are used for trading binaries, but the Binary Tick is designed specifically for mobile trading. Advanced Platforms For advanced traders, Binary.com offers the following platforms: ▶ The MetaTrader 5 platform, for CFDs and forex trading ▶ Deriv.com Platforms ▶ The Binary WebTrader, for advanced binary options trading How to Open a Binary.com AccountAs with a bank, to register a forex trading account with Binary.com for the first time, you will be required to go through a basic “know your customer” process. This will allow Binary.com to ascertain that your submitted details are correct and ensure the safety of your funds and account details. Follow these steps to open a Binary.com Trading account: Step 1 – Go to the Binary.com official website Click on the “log in” button at the top of the landing page to start the process of registering a Binary.com account. Step 2 – Select the Binary.com Create account option Create a Binary.com account by selecting “create account” and follow the prompted steps. Step 3 – Binary.com Account Application Provide your email address to create the Binary.com account application. Step 4 – Verify your email address and receive your Binary.com credentials. Enjoy Binary.com Trading. Binary.com Customer SupportPotential traders need to make sure the broker they choose will offer adequate support whenever they need it. Binary.com customers can reach the support team via telephone and email. Clients are assisted in any of the following 12 languages namely English, Japanese, Chinese, Arabic, Polish, German, French, Spanish, Portuguese, Italian, and Russian. Binary.com EducationBefore starting to trade, potential clients of Binary.com should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. Binary.com offers a section on their website with five pages of tutorials for the beginner trader. There is also a section on getting started in trading and it contains thorough explanations on how to use the trading platforms. Binary.com ResearchTo be able to trade with confidence, traders should conduct thorough research on speculative trading before trading can commence. Traders should explore every deal to ensure that they do not lose money unnecessarily and trade as profitable as possible. Binary.com provides access to various research tools embedded in their trading platforms software such as an economic calendar that keeps track of annual events. Binary.com AwardsBeing an awarded broker instills extra confidence in traders. Binary.com can display several awards accumulated during its years in business. Binary.com vs TradersHome vs Tradersway - A Comparison
Binary.com's Top Countries by Similar Web
Binary.com Current Popularity TrendsAccording to Google Trends, here is an overview of how frequently the search term – “Binary.com” is entered into Google’s search engine over a given period of time. Binary.com Customer ReviewsGood Broker Platforms Great platform, lots of features and resources for trading, analytics, and learning how to trade. you will win if you know how to trade. Binary.com Binary.com hosts a good website that is easily accessible and user-friendly, not many rebates are offered- Willem Binary.com Affiliate Program I enjoy the opportunities to earn an income through IB programs offered by forex brokers – David ConclusionOverall, Binary.com can be described as a broker which is heavily regulated and has had positive reviews. They offer their clients a wide variety of platforms to use and are competitive in costs in addition to providing adequate solutions for binary options. The minimum deposit and tutorials are ideal for a novice trader who wants to start trading in the forex market. DisclaimerBinary.com warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors. Before deciding to trade with Binary.com, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose. Binary.com warns that margin trading involves the potential for profit as well as the risk of loss. Movements in the price of foreign exchange and commodities are very unpredictable, hence Binary.com cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa. Frequently Asked QuestionsIs Binary.com a fake or scam broker?Binary.com is regulated by Financial Institutions such as the British Virgin Islands Financial Services Commission and The Financial Commission, they therefore can be considered safe. What is the overall rating out of 10 for Binary.com?Binary.com holds an overall rating of 5/10. How many instruments can I trade with Binary.com?You can trade several different instruments with Binary.com, which includes the following:
Which platforms are supported by Binary.com?Binary.com provides the following popular trading platforms:
Does Binary.com offer leverage?Yes, Binary.com offers maximum leverage of 1:1000.
Is binary trustworthy?It's just not an investment. The majority of binary options brokers are legit businesses. As legitimate brokerage houses, your money will not be stolen and you won't be defrauded. The problem is that the majority of brokers promise unrealistic expectations.
Can you make money in binary?Binary options trading is becoming more popular among traders nowadays. If your specific prediction is right, you can earn a hefty profit of between 70% and 85% (or even more). If your prediction is not correct, you will lose all of the money you bet. It's risky, but success with options trading is possible.
Can you withdraw money from binary?Withdraw all your funds
(If you have a CFDs Account, you can also transfer the funds from your Options Account to your CFDs Account.)
Is binary risky?Trading binary options may seem simple. But picking the short-term movements of an underlying asset is extremely difficult, even for professionals. They are high-risk and speculative. When you trade binary options, you're gambling on the movement of an asset price.
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